ChartDay_Sponsor

Rapper Iggy Azalea's MOTHER token hit another all-time high on Thursday, extending the gains for Solana's latest hot meme coin. Just days after the launch, the MOTHER token has reached a market cap of $200 million, producing millionaires among those who saw the token skyrocketing. CoinDesk's Helene Braun presents "The Chart of the Day."

Hun 7, 2024

Institutional allocations to meme coins have surged over 300% this year, reaching a peak of almost $300 million in April, according to crypto exchange Bybit. Dogecoin and shiba inu were favored among institutional investors for their liquidity, and Solana meme token BONK emerged as the most popular of the new meme coins, attracting over $75 million in institutional bets. Holdings were tracked exclusively on Bybit and do not include those on other exchanges. CoinDesk's Helene Braun presents "The Chart of the Day."

Hun 6, 2024

Projects across the BNB Chain ecosystem experienced a surge in activity, token prices and trading volume. This comes as the blockchain’s native BNB token hit an all-time high record above $710 during the Asian morning. According to data tracked by CoinGecko, trading volumes of BNB Chain-based tokens surged 135% in the past 24 hours. CoinDesk's Helene Braun presents "The Chart of the Day."

Hun 5, 2024

A new report from crypto exchange Bitfinex says that the slump in bitcoin (BTC) since March was likely driven by long-term holders selling but the trend has stalled. Blockchain data tracked by CryptoQuant shows that investors are starting to accumulate BTC again, which indicates increasing bullish sentiment. CoinDesk's Helene Braun presents "The Chart of the Day."

Hun 4, 2024

Keith Gill, the influential retail trader behind the X account @TheRoaringKittyX, is bringing the hype back to Reddit. After not posting for three years, Gill returned to the Reddit forum with his GME options positions, sparking a speculative frenzy in related stocks and cat-themed meme tokens. CoinDesk's Helene Braun presents "The Chart of the Day."

Hun 3, 2024

According to data from VanEck, Aptos' APT token dropped 52% in value after an auspicious March where it surged 44%. The asset manager added that Aptos lost the most on-chain revenue, month to month, of any chain outside of Ethereum. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 24, 2024

Tokens in the Ethereum ecosystem including memecoins like MOG and PEPE surged after Bloomberg analysts raised their odds of a spot ether ETF approval to 75% from 25%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 21, 2024

Solana's native token SOL has been leading the recent rebound in the digital assets market, outperforming most crypto majors. Daniel Cheung, co-founder of hedge fund Syncracy Capital, wrote on X that he’s confident SOL could retake the $200 level by the end of the month. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 20, 2024

A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ETH has not meaningfully increased, despite the surge in price since Q4 of last year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 17, 2024

According to new data from Kaiko, miners could be beginning to feel the pressure of reduced miner rewards and could be forced to sell their bitcoin, putting pressure on the markets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 14, 2024