Friday, February 3

Tag: TVL

Terra Classic Becomes 60th Largest By Total value Locked (TVL) Having 12.36 Million Last Month
Blockchain, Cryptocurrency

Terra Classic Becomes 60th Largest By Total value Locked (TVL) Having 12.36 Million Last Month

The effort of the Terra Classic has begun to surface as the LUNC tokens now rose to occupy the 60th position as n noted by the Cosmo Daily and on the same premise the data revealed its total value locked (TVL) to be at the level of 12.36 million. It is surprising to see the community-called wounded LUNC token suddenly become popular in the crypto industry. It is worth noting that the community has been on the move to get their token back on track following the May Terra collapse. Read Also: Shiba Inu Whales Scoop A Whopping 256.98 Billion SHIB Worth $2.72 Million As Shiba Inu's Price Recover https://twitter.com/CosmosATOMDaily/status/1581196859561115650 Terra Classic Is Ranked 60th Largest In Terms Of TVL The new development was shared on Cosmos Daily’s Twitter handle say...
Cardano’s Total Value Locked Increases In The Midst Of Huge DeFi Inflows; ADA Price Recovers by 6%
Cryptocurrency

Cardano’s Total Value Locked Increases In The Midst Of Huge DeFi Inflows; ADA Price Recovers by 6%

As stated by the data from  DefiLlama, the Cardano DeFi ecosystem has attracted more funds, recording a positive 24-hour change of 6.04% in its total value locked (TVL). Between May 19 and May 21, Cardano's DeFi witnessed inflows of nearly $73 million. This is reflected in the surge in total value locked (TVL) from roughly $124 million on May 19 to $197 million on May 21. Although this spike was short-lived, Cardano's TVL is facing an increase once again, as seen in the 24-hour change. Read Also: Shiba Inu Spikes 10% as Price Recovers from Key Support Without the inclusion of staked governance tokens in TVL valuation, Cardano’s TVL currently stays at about  $137.87 million. However, with the inclusion of staking, its TVL is presently at $173.31 million. The bulk of fund...
Fantom Price Rise on Supposition of Andre Cronje’s Return, But TVL Drops.
Cryptocurrency

Fantom Price Rise on Supposition of Andre Cronje’s Return, But TVL Drops.

As stated by the  CoinMarketCap data, Fantom (FTM) is up 16.78% at $0.42, ranking among the top gainers over the last 24 hours. Fantom rebounded upon reaching oversold levels of $0.22 on May 12. After a brief consolidation, Fantom started a positive climb, reaching intraday highs of $0.4512 on May 22, after three consecutive days in the green. Aside from favorable technicals, the recent climb was also likely sparked by speculation that a former developer and Yearn Finance creator, Andre Cronje, was returning to Fantom. Read Also: Cardano's Sidechain Milkomeda Could Become Network's ZkRollup Cronje and lead developer Anton Nell unexpectedly stop Fantom in early March. The move triggered a major sell-off of FTM, which the token has failed to recover from. In the s...