The top 3 rebase token markets shudder-statistics show that time, ohm, btrfly have lost billions since ever-markets and prices
The top 3 rebase token markets shudder-statistics show that time, ohm, btrfly have lost billions since ever-markets and prices
While the crypto economy has lost more than 3 % of Fiat value over the past 24 hours and has fallen to $ 2.09 trillion, the top rebase tokens after market capitalization suffered significant losses this week. At the time of writing this article, the Rebase-token economy is estimated to be over $ 3.2 billion, but has lost more than 10 % of value in the last 24 hours. The largest rebase token economies such as Wonderland, Olympus and Redacted Cartel have lost between 36 % and 55 % in the past week.
The top 3-rebase token protocols have lost billions in value in the past week, Wonderland has dropped by 87 % since the highest level
On the first day of November 2021 Bitcoin.com News took a deep diving in The Olympus dao and the reserve-back asset called ohm . Olympus is a decentralized financial project (Defi), which is referred to as a rebase token, and countless Olympus forks have been born since the start of Olympus.
Essentially, the token-tok protocols adapt the token offer at regular intervals or at price fluctuations. The Olympus was once the biggest rebase-token-tokensprojekt, but the Wonderland project is now the largest market capitalization. The market value of all ohms in circulation today is $ 945 million.
The past week was not a good time for rebase token investors and discussions about losses and Liquidations are littered everywhere on social media. In addition, on January 17, 2022, show that Wonderlands token TOME WART trade below The treasury limit. A user claims He lost over 2,000 times or about 9.5 million US dollar with liquidation.
"This happens if people are not falling under the meta narrative", according to a user answered the person, the 2,000 time lost. "I lost 38 WMemo (approximately $ 2.5 million) well below the base price. Feel your pain, brother", another trader from the Wonderland replied .
In the last two weeks, Wunderland (time) has lost 57.9 % and the crypto-asset has dropped by 87.1 % compared to the all-time high of the assets of November 7, 2021. In addition, the other native asset Wonderland Memories (WMemo) of the project has dropped by 25.6 % in the past seven days.
According to Wonderland developers, the team used a token surrounding. The CFO of Wonderland 0xsifu insisted :
Again, several million were used to buy below our base price, which means that the price corresponds to our inner value again. As a reminder: In contrast to most others: Wonderland buys at the base price.
Olympus since ATH dropped by 92 %, ampleforth jumps by 63 %
Wonderland lost 36.2 % last week, Olympus (ohm) fell by 43.2 % and blackened cartel (btrfly) lost 55.3 % USD value.
ohm fell by more than $ 92 % to $ 1,415 per ohm on April 25, 2021 nine months ago on April 25, 2021 nine months ago. Although the three best rebase tokens lose significantly in value, the Rebase Coin abundant (ampl) has gained 63.5 % of value in the last seven days. However, Climate Dao (climate) lost 30.8 %, Hector DAO (HEC) lost 42.9 %and the Rebase Token Rome (Rome) lost 54.4 %this week
While the Rebase token Plentyforth developed well this week, the Rebase coins Spartacus (SPA) and Templedao (Temple) recorded double-digit growth between 11 % and 25 %. The Rebase Coins Gravitoken (GRV), 8ight Finance (Eight) and Greenmoon (GRM) were also able to ward off losses last week. Invictus (in), Redacted Cartel (Btrfly), Rome (Rome), Vesq (VSQ) and Papa dao (Papa).
What do you think about the massive losses in the Rebase token project last week? Share your opinion on this topic in the comment area below.
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