Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. Market leader Bitcoin (BTC) has remained virtually…
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The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY. Unlike its traditional rivals Tether (USDT) and Circle (USDC), USDe token is a…
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Popular meme coin DogWifHat (WIF) has shot up 42% in the last seven days as it leads the charge in a market-wide rally that has added double digit percentages to leading meme coins. Broadly speaking, the whole market is up nicely from this time last week. The world’s favorite cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH)…
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