DeFi Tokens See 35% Growth While Memecoins Hit a Plateau

Quick Summary:

Simultaneously, DeFi tokens are gaining momentum, supported by strong market trends and increased investor attention.

The crypto market is witnessing a shift as memecoins, which saw a sharp rally earlier in November, now show signs of cooling off.

Data highlights a clear divergence between the stagnation in memecoins and the upward trend in DeFi assets.[…]

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: MemeCoin (MEME) News Market Market News Market Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 09:10:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 143 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23941799

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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