DeFi News Daily Official TheBitTimes.com

According to Tokenomist, the cryptocurrency market is preparing for a series of significant token unlocks between February 10 and February 17, with a total estimated value exceeding $742 million. These events release previously locked tokens into circulation, and they are categorized as cliff unlocks, which occur in one large batch, and linear unlocks, which happen gradually over time.   Major tokens such as CONX, SAND, APT, SOL, WLD, and DOGE are among the tokens set for substantial unlocks, each surpassing $5 million in value. This influx of tokens could affect supply and demand dynamics, influencing price movements and market liquidity. Market participants watch these events closely to anticipate potential price shifts and identify assets with strong fundamentals that could withstand selling pressure. This article analyzes top cryptocurrencies to buy now that might present strong buying opportunities during this period.  Top Crypto to Invest in Right Now Uniswap...

The price of the new frog-themed memecoin has surged more than 4,000% since its inception on April 14. The frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours and surpassed a $1 billion market cap three weeks after it was first launched on April 14, 2023. PEPE memecoin price breaks $0.000003 on May 5. Source: CoinGecko Ironically, the core value proposition of PEPE is that there isn’t one. The official website for the cryptocurrency Features a disclaimer that describes investment in the token in the following manner: “$PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. the coin is completely useless and for entertainment purposes only.” Currently, Pepe seems to be treading a similar path to its more well-known memecoin counterparts Dogecoin (DOGE) and Shiba Inu (SHIB). In 2021, DOGE surged by over 23,000% largely due to the vocal support for the token espoused by eccentric billion aire Elon Musk on ...