CoinGecko Profile picture
Jun 16 8 tweets 3 min read Twitter logo Read on Twitter
1/ How did the SEC's lawsuit impact the prices of cryptocurrencies?

After the SEC lawsuits were announced, the prices of cryptocurrencies listed as securities fell by varying degrees. Here's a look at some notable examples. 🧵

Read the full study: gcko.io/zlgtre5 Image
2/ $SAND suffered the most severe decline among the listed assets, with a -11.4% drop on June 6.

This downward trend continued, and by June 12, SAND had fallen by a substantial -35.0%.
3/ Notably, $SAND was named in both lawsuits as it is available for trading on both #Binance and #Coinbase.

This dual exposure likely contributed to the sell-off and subsequent price decline experienced by $SAND.
4/ $BNB, the fourth-largest cryptocurrency, saw a -9.4% drop immediately after the lawsuit was announced. By June 12, $BNB's price had fallen by -23.0%.

The price of $BNB dropped from $305.57 to $235.20 during that period.
5/ $ADA, currently the eighth-largest token by market capitalization, also faced significant losses.

It dropped by -7.0% on June 6, and by June 12, $ADA's value had plummeted by -27.9%, from $0.38 to $0.27.
Methodology: This study examined the prices of 19 tokens named in the #SEC lawsuits against #Binance and #Coinbase, between June 5 and June 12, using data from @coingecko.
The tokens selected were $BNB, $ADA, $SOL, $MATIC, $ATOM, $FIL, $SAND, $MANA, $ALGO, $AXS, $CHZ, $FLOW, $ICP, $NEAR, $VGX, $DASH, $NEXO, and $COTI.
Check out the full study: gcko.io/zlgtre5

What breakdowns would you like to see next? Comment and let us know below ⬇️

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with CoinGecko

CoinGecko Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @coingecko

Jun 16
1/ Nym Airdrop Raffle 🪂

We're giving away a total of $10,000 worth of $NYM tokens to 1,000 lucky winners!

How to participate:
✅ Redeem a raffle ticket on our Candy Rewards Store with 500 candies
✅ Follow @nymproject on Twitter

Join now ➡️ gcko.io/nymraffle Image
2/ Upon redemption, you'll receive a unique Candy Rewards code and a Sweep Widget link.

Enter the raffle by providing your details on the Sweep Widget and following @nymproject on Twitter.
3/ At the end of the raffle, 1,000 verified winners will receive an email from @nymproject containing a unique onboarding link with instructions on how to start the KYC process.
Read 7 tweets
Jun 15
1/ What are the biggest #crypto exchanges in Indonesia? 🇮🇩

@UpbitID is Indonesia's biggest #crypto exchange, holding a 59.6% market share among the top three crypto exchanges in the country in 2023.

Read the full study ⤵️
gcko.io/bpfqpmr Image
2/ Coming in second, @Tokocrypto has a market share of 20.4% and an average monthly trading volume of $0.26B in 2023.

Throughout these two years, Tokocrypto's market share has ranged between 16.1% and 38.7%, indicating the potential for Tokocrypto to regain market share.
3/ In third place, @indodax has a market share of 20.0% and an average monthly trading volume of $0.23B in 2023.

Despite the fluctuation of Indodax's market share between 16.8% and 33.4% over these two years, it has been unable to strengthen its market share against Tokocrypto.
Read 5 tweets
Jun 15
New Feature Alert: NFT Floor Price Tracker on App 📱

You can now track your favourite NFTs on the #CoinGecko mobile app! Here's a thread on how it works 🧵

Download our app: gcko.io/CoinGeckoApp twitter.com/i/web/status/1… Image
Track the floor prices of any NFTs conveniently on the go with our mobile app!

Simply tap on the 'NFT' tab located at the top to get started. Image
Choose any NFT you like and view its floor price, historical charts, market cap, volume, and more!

Here is an example with @Azuki 👇 Image
Read 6 tweets
May 20
Don't miss out on winning a #NEAR NFT 🪂

Join our @NEARProtocol x @coingecko NFT Raffle for a chance to be one of 20,000 lucky winners!

Plus, 1 special winner* will get a pair of NEARCON 2023 tickets and $5,000 USD worth of $NEAR tokens!

Join now ➡️ gcko.io/nearnft Image
2/ How to participate?

Redeem a raffle ticket on our Candy Rewards Store with 800 candies 🍬
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!
Read 5 tweets
May 19
Top 30 Trending Coins on @coingecko 🔍

This week, we see Ethereum (#ETH) coming in at number 1, followed by Sui (#SUI) and Aptos (#APT)!

Got any of these in your bag?
coingecko.com/en/discover Image
@ethereum - $ETH
@SuiNetwork - $SUI
@Aptos_Network - $APT
@Polkadot - $DOT
@PancakeSwap - $CAKE
@0xPolygon - $MATIC
@ton_blockchain - $TON
@pepecoineth - $PEPE
@tomipioneers - $TOMI
@arbitrum - $ARB
@miladymemecoin - $LADYS
@solana - $SOL
@Ripple - $XRP
@BNBCHAIN - $BNB
Read 4 tweets
May 19
1/ How has $APT's price performed against $SUI?

While both tokens are built on the Move programming language, their price actions and market caps have shown significant differences. Let's dive in! 🧵

Read the full study: gcko.io/5b9h2jc Image
2/ What are the price returns of @Aptos_Network?

As of May 16, 2023, $APT has risen 19.7% since trading went live.

The $APT token was launched on October 19, 2022, and was available on #Binance, #Bybit, #Kucoin, #OKX, and #FTX.
3/ $APT initially traded at $7.19, but ended May 16 at $8.60.

After hitting $9.75 on Day 6, $APT saw a decline in its price.

It dropped to $3.85 on Day 23, a decrease of -46.4% from its first day of trading. This coincided with the collapse of #FTX.
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(