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While both tokens are built on the Move programming language, their price actions and market caps have shown significant differences. Let's dive in! π§΅
Redeem a raffle ticket on our Candy Rewards Store with 800 candies π¬
3/ Upon redemption, you'll receive a unique Candy Rewards code and a Sweep Widget link.
Fill in your details on the Sweep Widget to enter the raffle. Boost your chances by completing optional actions like following @coingecko and @NEARProtocol's social accounts!
After a turbulent end to 2022, the #crypto market made a strong comeback with $BTC outperforming traditional assets and #NFT trading volume seeing a resurgence.
Here are 6 highlights you shouldn't miss! π§΅
2/ Crypto market started 2023 strong with 48.9% gain π
β’ Crypto market cap grew by 48.9% to $1.2T in Q1 2023.
β’ Average daily trading volume increased by 30% QoQ, peaking in early March due to the banking crisis before tapering off later in the month.
β’ #Bitcoin outperformed traditional asset classes in 2023 Q1, with a QoQ increase of 72.4%.
β’ The NASDAQ index followed with a gain of 15.7% and gold came in third with a gain of 8.4%.
2/ Hot wallets are the most popular way for #crypto holders to store their funds.
8 out of 10 people use hot wallets, according to a recent survey of crypto holders. This points to a meaningful level of crypto holders practicing self-custody.
3/ The widespread usage of hot wallets might also be driven by the popularity of NFTs among crypto holders.
Participants usually need hot wallets like @MetaMask, in order to mint, transfer, or buy and sell NFTs.