Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

VCs Accumulated $OP & $DYDX | Crypto Daily Digest Aug. 25

TokenInsightTokenInsight2023/08/25 13:15
By:TI Research

While the market is brutal for many tokens, some VCs seem start to accumulate

According to a well-known DeFi analyst, The DeFi investor, some VCs including Amber Group and CMS Holding started to buy the dip of $OP and $DYDX.

$OP has caught much attention recently due to the early success of Base, which is built using Optimism's OP Stack. Base's daily transaction even surpassed that of Arbitrum in recent days.

Base Records More Transactions than Arbitrum

In a cold market like now, Friend.tech on Base also not only brings crypto-native attention, but also attracts non crypto KOLs with millions of followers from X(Twitter) and onlyFans.

On the other side, $DYDX is set to release Dydx v4 in the coming months, which will come with a revenue-sharing model to enhance $DYDX token utility.

All Fees of dYdX v4 will go to Validators/Stakers, says Founder

Today's Market

Source: TokenInsight Gainers and losers

Headlines

Base and Optimism Enter into Revenue-sharing and Governance-sharing Agreement

Hong Kong: Studying Regulatory Framework for Digital HKD and Exploring Tokenization of Bank Deposits

HK HashKey Exchange in Talk with Brokerages to Connect Crypto Trading to Brokerage Platform

Other News in Case You Missed it:

Coinbase Adds PayPal USD ($PYUSD) to Listing Roadmap

Aave Pauses $GHO Minting due to Technical Issue

Mastercard to Terminate Crypto Card Partnership with Binance

Ledn Provides Compliant Path to Cayman Islands Permanent Residency through Crypto

Side Protocol Integrates with Injective to Unlock Mesh Liquidity Networks

$LDO to Complete Final Token Unlock on August 26

What's New from TokenInsight?

Crypto Exchange Token Tracker Aug 2023: Exchange tokens, as the core of crypto exchanges, play a crucial role in the crypto industry. With the fade out of $FTT, what are the new trends of exchange tokens? Let's take a look together.

Memecoin Playbook: How to Spot and Trade Memecoins - What's the deal with memecoins? Which one should you buy? How do you manage trading risks? This guide will clear things up for you in just 15 minutes.

Top Telegram Bots for Cryptocurrency: This article will provide a brief overview of various projects related to Telegram bots, categorizing them to help you quickly understand the functionalities of these bots.

TokenInsight Product Guide

How to Download Cryptocurrencies and Exchanges' Historical Data Using TokenInsight For Free?

How to use the TokenInsight API to obtain cryptocurrency rating data?

How to Import TokenInsight Cryptocurrency Data into Google Sheets?

168

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!