Crypto.com Weekly Market Update (Week 45, 8/11/2021 - 14/11/2021)
Crypto.com Weekly Market Update (Week 45, 8/11/2021 - 14/11/2021)Price, volume, and volatility indices all up. NYCCoin $NYC is set to launch, endorsed by NYC’s next mayor Eric Adams.Key Takeaways
Highlights
Check the latest prices on crypto.com/price. Notable eventsBlock.one has come up with a new plan on how to revitalize the EOS blockchain project and it begins with a substantial transfer of EOS tokens to Helios. (ref) Stellar (XLM) is holding the newest round of Stellar Community Fund which allows developers from all over the world to build their Stellar-based projects. The deadline for the current round is on 21st November and 4 million XLM tokens will be distributed. (ref) The inaugural Polkadot (DOT) parachain auction started on November 11th. Crowdloans have already raised over $1 billion in DOT tokens from 100,000 individuals. (ref) Notable eventsLoopring (LRC) has jumped sevenfold in price just this month, nearing a market valuation of $4 billion. Analysts attributed the price jump to speculation ranging from GameStop-related rumors to the project’s potential usefulness in metaverse development. (ref) Ever since Universal Market Access (UMA) has been gearing to launch its ‘Across Protocol’, it has experienced a major surge in its price by a huge leap. While the protocol has been already launched, the upward momentum has not yet slowed. (ref) Curve (CRV) Finance has blocked emissions to another DeFi protocol, Mochi, following an alleged attempt at a governance attack. According to Curve, Mochi minted its own native tokens in order to buy and lock large amounts of CVX. (ref) Notable eventsThe Worldwide Asset eXchange (WAXP), has seen a tenfold increase in daily NFT transaction volume in the past 30 days. The significant growth has been driven by a surge in gaming activity with a dozen games generating over $1million in NFT trading volume alone during the last mo nth. (ref) Chiliz (CHZ) launches live in-game NFTs for fan token holders. There were also recent exchange listings for CHZ, as well as a rapidly expanding ecosystem of partners. (ref) Decentraland (MANA) is among the top 3 most searched cryptos on CoinGecko. (ref) Thank you for reading! We hope you find our Weekly Market Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! If you liked this post from Crypto.com Research, why not share it? |
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Crypto.com Weekly Market Update (Week 44, 1/11/2021 - 7/11/2021)
Monday, November 8, 2021
Price index up, volume and volatility indices down. New York's and Miami's mayors accept their paychecks in bitcoin.
Crypto.com Weekly Market Update (Week 43, 25/10/2021 - 31/10/2021)
Monday, November 1, 2021
Price, volume and volatility indices up. Facebook rebrands itself as Meta, introducing a metaverse and NFTs.
Crypto.com Weekly Market Update (Week 42, 18/10/2021 - 24/10/2021)
Monday, October 25, 2021
Price and volatility indices up, volume index down. BTC reached its all-time high last Wednesday, breaking $67000.
Crypto.com Weekly Market Update (Week 41, 11/10/2021 - 17/10/2021)
Monday, October 18, 2021
Price and volume indices up, volatility index down. Elon Musk makes dogecoin news again, plans to use his funds to extend life to mars.
Crypto.com Weekly Market Update (Week 40, 4/10/2021 - 10/10/2021)
Monday, October 11, 2021
Price and volume indices up, volatility index down. The Shiba Inu price soared by 300% and it is now a Top 20 cryptocurrency.
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