Pudgy Penguins, a popular non-fungible token (NFT) collection, has surpassed Bored Ape Yacht Club (BAYC) to claim the second-largest market cap in the NFT space. According to CoinGecko, Pudgy Penguins’ market cap now stands at $772.5 million, edging past BAYC’s $755 million. CryptoPunks remains the largest NFT collection, boasting a
The Silicon Valley Bank (SVB) incident happened at a time when the global cryptocurrency market was still recovering from last year’s substantial slump. This is when the massive outflow of USDC began. The FTX exchange and the TerraUSD and LUNA collapse instilled fear in investors against the crypto market. This
There’s been a rise in the number of cryptocurrencies, while the strength of crypto tokens is usually measured with market capitalization and volume. Eventually, the growth of the market cap signifies the distribution of crypto tokens over the globe. Let’s look into crypto projects whose market capitalization volume is under
Solana has captured its position in the top 10 cryptocurrencies by market capitalization. Now, SOL holds the eighth position following its boom in non-fungible tokens (NFT) and decentralized finance (DeFi). At the time of writing, SOL trades for $99, and its total market capitalization is $28.30 billion. Solana has outperformed
