Our column on the analysis of news and prices in the crypto world is back, today we focus on three important assets: Polygon (MATIC), Pepe (PEPE) and Jupiter (JUP).
Prices and market statistics of Polygon (MATIC), Pepe (PEPE) and Jupiter (JUP) cryptocurrencies
Polygon (MATIC), one of the emerging cryptocurrencies in the digital market, is currently priced at 0.70 USD.
With a market capitalization of 6.9 billion USD and a trading volume in the last 24 hours of 358.7 million USD, MATIC shows a strong presence in the sector. About 9.9 billion units are in circulation, highlighting widespread adoption.
The average holding time for MATIC is 80 days, placing it in 18th place for popularity among cryptocurrencies.
Even though it reached a historical high of 2.92 USD, recent market fluctuations have negatively impacted its value. The last month has seen a significant decrease of 22.16% in price.
Pepe (PEPE) represents an interesting reality in the cryptocurrency landscape, characterized by a current price of 0.00000818 USD. Its market capitalization reaches 3.4 billion USD, with a significant trading volume in the last 24 hours of 1.0 billion USD, a sign of high liquidity and investor interest.
Currently, there are 420.7 billion units of PEPE in circulation. This wide circulating supply testifies to its extensive distribution among users. The all-time high for PEPE was 0.000011 USD, highlighting periods of strong appreciation.
The recent market performance of PEPE shows a dynamic of ups and downs: it has experienced a decrease of 0.15% in the last hour and a drop of 5.43% in the last day.
Jupiter (JUP), an emerging cryptocurrency, is currently trading at a price of 1.14 USD. Its market capitalization is around 1.54 billion USD, with a diluted valuation that could reach 11.4 billion USD if all coins were in circulation. This demonstrates significant growth potential for the future.
The trading volume in the last 24 hours amounts to 188.6 million USD, an indicator of the significant trading activity surrounding this cryptocurrency.
Currently, there are 1.35 billion JUP in circulation, out of a total and maximum supply of 10 billion units. This limited supply can be seen as a potential advantage for increasing value over time, as demand may exceed the available supply.
Polygon announces the alpha test of Miden
Polygon has recently announced the launch of the Alpha Testnet of Miden, a new significant update aimed at increasing the privacy and scalability of decentralized applications (dApps).
This development represents a significant step forward in blockchain technology, offering developers a more robust and versatile platform for creating dApps.
The Miden Alpha Testnet is based on STARK technology, a form of zero-knowledge proof that ensures completely private and secure transactions without compromising speed and scalability.
This type of technology is particularly crucial in areas such as decentralized finance (DeFi) and NFT markets, where privacy and transaction speed are of vital importance.
With the Miden Testnet, Polygon aims to solve some of the most pressing challenges in the cryptocurrency industry, including transaction bottlenecks and scalability issues that afflict many existing blockchains.
This initiative not only enhances the capabilities of the Polygon network but also lays the foundation for a broader adoption of blockchain technologies in various sectors.
The alpha phase will allow developers to test their dApps in a controlled environment, collecting crucial feedback for the continuous improvement of the platform.
With this strategic move, Polygon continues to strengthen its position as a leader in blockchain innovation, promising a safer, more private, and scalable future for decentralized applications.
Coinbase improves Solana trading with Jupiter integration
Coinbase, one of the main cryptocurrency exchange platforms, has recently enhanced its trading capabilities on the Solana blockchain through integration with Jupiter, one of the most advanced liquidity aggregators in the industry.
This strategic move is designed to improve the efficiency and user experience in executing cryptocurrency trades on the Solana network.
The integration of Jupiter allows Coinbase to offer users better prices and greater liquidity when trading tokens on Solana.
By using Jupiter’s sophisticated algorithm, Coinbase can now aggregate liquidity from various sources on Solana, optimizing trades and reducing the so-called slippage – the difference between the expected price of a transaction and the actual price at the time of execution.
This development not only strengthens Coinbase’s position as a leader in cryptocurrency trading but also supports the growth of Solana as one of the most promising blockchains for decentralized applications, playing a crucial role in attracting and retaining advanced traders and institutional investors.
Coinbase users can now expect faster transactions and reduced transaction costs, significantly improving the effectiveness of trading on Solana.
With this integration, Coinbase demonstrates its ongoing commitment to innovation and improving the accessibility and usability of cryptocurrencies on its exchange.
Read More: Prices and news of the crypto Polygon (MATIC), PEPE and Jupiter (JUP)
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