Wonderland co-founder revelations spark market sell-off for associated tokens

日本 ニュース ニュース

Wonderland co-founder revelations spark market sell-off for associated tokens
日本 最新ニュース,日本 見出し
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 53%

Wonderland's token (TIME) has seen its market cap drop from $511.8 million to $352.6 million in the last 24 hours.

A number of tokens linked to the DeFi protocol Wonderland sold off on Thursday, following allegations that the project was, the surviving co-founder of the now-defunct Canadian crypto exchange QuadrigaCX.

Wonderland was launched in September 2021 by Daniele Sestagalli and 0xSifu as a fork of the Olympus protocol on the Avalanche blockchain. Participants in the Wonderland community refer to themselves as"frogs" or as a"frog nation." Frog Nation also encompasses Abracadabra, Popsicle Finance and now Sushi .

Wonderland's token has seen its market cap drop from $511.8 million to $352.6 million in the last 24 hours, according to data provider CoinGecko. Abracadabra Money also saw its market cap tank, falling from $645.2 million to $495.4 million over the last 24 hours.When it comes to tokens like these that are based on the OlympusDAO protocol, it's more relevant to talk about market cap than the prices of the tokens because of how they work. This is due to a rebasing system that increases the amount of tokens on an ongoing basis and hands them to token holders.their conversation with Sestagalli — the other co-founder of Wonderland.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

TheBlock__ /  🏆 464. in US

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Time Squad Vol.2: Mend of an EraTime Squad Vol.2: Mend of an EraJohn Cooper came so close to beating Bo Schembechler in his first meeting with Michigan as Ohio State's head coach.
続きを読む »

Utah County Attorney contracts COVID a 2nd time, will quarantine in NetherlandsUtah County Attorney contracts COVID a 2nd time, will quarantine in NetherlandsUtah County Attorney David Leavitt announced Tuesday that he has COVID-19 for a second time and has quarantined himself in the Netherlands, where he was visiting when he tested positive for the disease.
続きを読む »

'Long time overdue': Mississippi Legislature sends medical marijuana bill to governor'Long time overdue': Mississippi Legislature sends medical marijuana bill to governorThe Legislature with little debate and overwhelming vote margins on Wednesday sent to the governor a bill to legalize medical marijuana in Mississippi.
続きを読む »

February Pixel 6 update will arrive on time, may bring more than just the security patchFebruary Pixel 6 update will arrive on time, may bring more than just the security patchIt looks like the February 2022 Pixel 6 update will arrive on time.
続きを読む »

Time To Take Tax Breaks Away From Non-Profit HospitalsTime To Take Tax Breaks Away From Non-Profit HospitalsMany nonprofit hospitals in the United States are not performing enough charitable care to justify the billions of dollars of tax breaks they receive.
続きを読む »



Render Time: 2025-03-04 13:37:40