2024 in Review: VIRTUAL Top Gainer After 23,000% Surge; Memecoins Dominate

December 31, 2024 Bitcoin.com

bitcoin.com

The cryptocurrency market experienced a surge in 2024, with VIRTUAL, the native token of Virtuals Protocol, leading the charge with a staggering 23,000% plus increase in value. Memecoins and AI Popular Narratives in 2024 VIRTUAL, the native token of the decentralized platform Virtuals Protocol, was the top-performing large-capitalization digital asset in 2024, surging more than […]

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BONK falls 7% despite BURNmas taking $51M in tokens out of circulation

December 27, 2024 Coin Telegraph

Bonk

The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until Dec. 26.

Dog-themed memecoin Bonk failed to make its way out of a wider crypto slump despite a token-burning event that took 1.69 trillion BONK tokens, worth over $51 million, out of circulation.

In late November, the team behind the Solana-based memecoin Bonk (BONK) proposed to burn 1 trillion tokens under a scheme called “BURNmas,” which would burn 1,000 BONK for every X post with the hashtag #LetsBONK and 10,000 BONK per new follower on Instagram and TikTok. BURNmas was initially slated for Dec. 25.

It eventually exceeded the target and BonkDAO members voted in favor of an updated proposal to burn 1.69 trillion BONK tokens on Dec. 26 at 5:40 pm UTC.

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Memecoins Capture Majority of Crypto Investor Interest in 2024: CoinGecko

December 26, 2024 The Daily Hodl

Altcoins

Crypto investors were heavily drawn to meme assets in 2024, according to a new study. In a research paper, CoinGecko says that the majority of crypto interest in 2024 hit the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets. “The most popular crypto narrative in 2024 was […]

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MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Prediction markets rise 565% in Q3, fueled by US elections

October 14, 2024 Coin Telegraph

2024 elections

Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.

Prediction markets saw significant growth in the third quarter of 2024, driven by bets on the upcoming United States presidential election, which could have wide-reaching effects on cryptocurrency regulations.

The betting volume on prediction markets rose over 565.4% in Q3 to reach $3.1 billion across the three largest markets, up from just $463.3 million in the second quarter of 2024.

The significant growth in prediction market volume was mainly attributed to increasing bets on the outcome of the US elections, according to an Oct. 14 CoinGecko report, which stated:

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

More Than 40% of Crypto Industry Participants Expect Bitcoin To Surpass $100,000 This Cycle: CoinGecko Survey

July 27, 2024 The Daily Hodl

Bitcoin

A new CoinGecko survey reveals that about four in 10 crypto market participants are expecting Bitcoin (BTC) to shatter the $100,000 price level. CoinGecko polled 2,558 people associated with the digital asset industry, of whom 69% identified as crypto investors with primarily long-term holdings. Around 18% of the respondents considered themselves traders with mainly short-term […]

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MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Decentralized Finance TVL Recovers to $100B After July Lows

July 22, 2024 Bitcoin.com

Decentralized Finance TVL Recovers to 0B After July Lows

Aave

Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Memecoins, RWA, AI lead crypto narratives in Q2 2024

July 16, 2024 Coin Telegraph

Memecoins, RWA and ARI captured 36% of all CoinGecko web traffic categories in the second quarter of 2024.

Memecoins, real-world assets (RWA) and artificial intelligence were the most popular narratives in the second quarter of 2024, based on CoinGecko’s website traffic.

CoinGecko released its latest crypto industry report on July 16, outlining key milestones and events in the crypto market in Q2 2024.

According to CoinGecko’s data, memecoins, RWA and AI were the top three narratives in Q2 2023, capturing as much as 36% of all CoinGecko web traffic categories during the quarter. The share is similar to Q1 2024, as noted in the report.

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Less Than 50% of Market Participants Remain Bullish on Crypto After the Bitcoin Halving: CoinGecko

July 15, 2024 The Daily Hodl

Bearish

Fresh insights from crypto data aggregator CoinGecko show that sentiment among market participants is split following the most recent Bitcoin (BTC) halving. In a new survey, CoinGecko polled 2,558 crypto participants from around the world between June 25th and July 8th, the majority of them saying they are long-term digital asset investors. According to the […]

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MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Study: Ordinals and Runes Reach $1 Billion Market Cap

June 13, 2024 Bitcoin.com

Study: Ordinals and Runes Reach Billion Market Cap

Bitcoin NFTs

In a significant milestone for Bitcoin-based non-fungible tokens (NFTs), the combined market capitalization of popular collections such as Ordinals and Runes has surged past $1 billion, according to Coingecko. This growth is underscored by increasing trading volumes and user adoption, signaling a robust expansion within the Web3 sphere. Report Reveals Emerging Dynamics in Bitcoin Ordinals […]

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

CoinGecko Announces Data Breach That Exported 1,916,596 Contacts and Sent 23,723 Phishing Emails

June 9, 2024 The Daily Hodl

CoinGecko

CoinGecko is warning its users to be cautious when opening emails after the cryptocurrency data aggregator experienced a security breach through its third-party email platform. In a statement, CoinGecko says that on June 5th, it detected unusual activity on its email marketing platform, GetResponse. The firm later received confirmation that an attacker obtained and used […]

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CoinGecko

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