Research Shows Majority of Pepe Investors Caught in High-Stakes Game of Musical Chairs
The majority of investors do not stand to gain from Pepecoin's herculean rise, indicating a limited window for potential gains.
24H
The Gains Network price is $4.23, a change of -5.97% over the past 24 hours as of 10:42 p.m. The recent price action in Gains Network left the tokens market capitalization at $128,689,841.08. So far this year, Gains Network has a change of 35.74%. Gains Network is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
The majority of investors do not stand to gain from Pepecoin's herculean rise, indicating a limited window for potential gains.
The embattled crypto lender has deposited $745 million of ETH to staking contracts in the last two days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network.
The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.
The PBOC's potential intervention to stem yuan volatility could accelerate gains in the dollar index and add to crypto market's woes, one observer said.
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
Diving in deeper on cryptocurrency.