Hey Everyone!
Happy New Year in advance!
For this week's news - Ripple faces instability with the SEC lawsuit, 1Inch had a big Christmas present for users, and fashion is coming to NFTs.
Read on!
Move Over, Ripple
Its deeper plunge in price relative to other crypto assets have temporarily caused XRP (XRP) to lose its position as the fourth most valuable cryptocurrency to Litecoin (LTC).
The main culprit that's responsible for XRP's downfall is the SEC lawsuit against Ripple.
The suit alleges that Ripple has raised $1.3 billion worth of XRP in unregistered securities sales since 2013.
1Inch Has Big Plans For Christmas
1Inch exchange surprised early adopters by giving away their governance token, 1inch for free.
Tens of millions worth of 1Inch were distributed to users who have interacted with the protocol. One lucky power user received up to 9.7 million tokens.
Anyone who had used 1inch before Christmas and had placed at least one trade before September 15, at least four trades or trades that totaled $20 are entitled to claim free tokens.
Digital outfits are coming to the Crypto World!
DIGITALAX, the world's first digital fashion non-fungible token (NFT) protocol is creating a platform for people to collaborate and develop digital fashion assets.
Part of their business model allows designers to receive royalties while giving them full liberty to assign their intellectual property rights.
Notably, the company will be partnering with Youcan to throw a virtual New Year's Eve party that features famous artists and will be hosted by Amanda Cerny.
What's new at CoinGecko?
Merry (belated) Christmas everyone!
Wow, 2020 flew by in the blink of an eye! It has been a crazy year with so many exciting things happening.
As we got used to a new normal working from home, we continued improving CoinGecko with new features, improved user interfaces, new metrics, increased data coverage and more. With 2020 drawing to an end, we took a look back at the amazing growth we've had this year.
You can read all about it here!
Here are our top trending coins for the year!
It's been a crazy 2020 and here are the top 24 most popular coins of the year.
Which one have you been keeping an eye on?
Check our Recently Added Page to find out the latest added coins on CoinGecko: https://coingecko.com/en/coins/recently_added
That is it for our Weekly round-up! Want more?
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Btc 520 B $ market cap 🤩🚀
Thanks for sharing the valuable crypto updates.