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The privacy-focused token has far outperformed Bitcoin and Ethereum as interest in confidential on-chain transactions surged.
Trading volumes stayed subdued while BTC, ETH and other large-caps rose slightly.
Base supporters are giving up on the Zora ecosystem’s creator coins after the viral journalist Nick Shirley’s coin failed to live up to hype.
The platform’s native token went live late eastern time, catching many traders off guard.
The privacy-focused token surged after Hoskinson highlighted Midnight’s role in DeFi privacy.
Coinbase CEO Brian Armstrong helped onboard Nick Shirley, the journalist covering the Minnesota Daycare Fraud scheme.
The decline comes as analysts suggest the protocol’s new “UNIfication” fee structure may take time to boost the token’s value
The Layer 1 blockchain created by the team behind NFT Top Shot and CryptoKitties was exploited this weekend.
Bitcoin and Ethereum edged lower, while liquidations and ETF outflows continued to weigh on sentiment.
The prediction market’s volumes accelerated over the past seven days to overtake its main rival.