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๐Ÿ“ˆA quick review of the seventh-largest #crypto exchange Ripple(XRP) with a present market cap of 16.23 bn.

๐Ÿ”ธ#Ripple is the #blockchain-based digital payment network and protocol with its own cryptocurrency called XRP serving over 3 mn users worldwide.

๐Ÿ”ธFounded by Chris Larsen and Jed McCaleb in 2012 in San Francisco.

๐Ÿ”ธRippleโ€™s net sales have increased from $491 mn (Q3 2021) to $717 mn (Q4 2021) and recorded a #revenue of $110.6 mn in FY 2021.

๐Ÿ”ธCurrently, it has a circulating supply of 45.40 bn #XRP tokens and a max supply of 100 bn XRP tokens.

๐Ÿ”ธRippleโ€™s offerings include Cross-border payments, #CBDC solutions, On-demand Liquidity services, and much more.

๐Ÿ”ธTo launch the On-Demand Liquidity payment service in Brazil, Ripple partnered with Travelex and plans to open up even more payment avenues in the coming months.

๐Ÿ”ธRipple has raised $293.8 mn in #funding over 14 rounds and has made 25 #investments.

๐Ÿ”— Read More : https://www.linkedin.com/feed/update/urn:li:activity:6968887644621590528
๐Ÿ“ˆ Read about #FTX - One of the largest crypto exchanges globally handles 11% of the $2.4 tn in derivatives trading monthly.

๐Ÿ”ธWith 5+ mn active users, FTX has seen a 1500% increase in registrations in 2021.

๐Ÿ”ธFounded by Gary Wang and Sam Bankmanand Fried in May 2019.

๐Ÿ”ธCurrently, FTX supports 300+ cryptos, 499 trading pairs, and 11 fiat currencies.

๐Ÿ”ธ#FTT (FTXโ€™s native token) is used as collateral in futures trading and staking which has a circulating supply of 134.33 mn and a total supply of 345 mn.

๐Ÿ”ธFTXโ€™s daily trading volume was $10 bn and a market cap of $32 bn as of Feb 2022.

๐Ÿ”ธMade #Partnerships with IndiGG, and AZA Finance to enter Indian, African, and European markets.

๐Ÿ”ธFTXโ€™s offerings include spot & margin trading, OTC trading, futures, NFTs, and a mobile app.

๐Ÿ”ธRaised $3.7 bn in 7 #funding rounds and made 20 #investments.


๐Ÿ”—Read More : https://www.linkedin.com/feed/update/urn:li:activity:6971050506601324544
๐Ÿ“ˆHow does #Okx explore its users in the world of #Defi, DApps, NFTs, and #GameFi?

๐Ÿ”ธThe exchange became the third-largest #crypto trading platform reaching 20 mn users across 100 countries.

๐Ÿ”ธEstablished by Star Xu in 2017 and is located in Seychelles with offices in Hong Kong and Malta.

๐Ÿ”ธAt present, supports 350+ cryptos, 601+ trading pairs, and 30 fiat currencies.

๐Ÿ”ธOkxโ€™s offerings include a mobile app, wallet, Defi services, #NFT marketplace, #GamiFi, and DApps.

๐Ÿ”ธRecently, partnered with TradingView, the #1 most visited investing site in the world, to allow TradingView users access to OKX offerings.

๐Ÿ”ธIntegrated with lightning network, Polygon, Algorand, and the most recent was WOW ROBOT where users can run a #robot trading assistant 24ร—7 to trade crypto assets.

๐Ÿ”ธRaised $10 mn funding from its first venture round and has made nearly 18 #investments.

๐Ÿ”—Read More: https://www.linkedin.com/posts/coinpedia_okx-profile-activity-6972487794074013697-GiCL?utm_source=share&utm_medium=member_desktop
๐ŸŒHow did #Polygon become the first to address the major issues associated with #Ethereum?

๐Ÿ”ธDo you know? More than 19,000 #Dapps are using Polygon and can process up to 72K transactions per second on each side chain.

๐Ÿ”ธPolygon is the decentralized Ethereum scaling platform to create & collaborate with Dapps.

๐Ÿ”ธFounded by Anurag Arjun, Jaynti Kanani, Mihailo Bjelic, and Sandeep Nailwal in 2017.

๐Ÿ”ธ#Matic is a polygonโ€™s native token used to manage and secure the network by staking and interacting with dApps.

๐Ÿ”ธAs of Apr 2022, Matic was the 18th largest #crypto asset with a market cap of $11.3 bn.

๐Ÿ”ธPolygonโ€™s offerings include Zk-based ID platforms, Nightfall solution, wallet, API, Bridge widget, and Bridge API.

๐Ÿ”ธRaised $451.5 mn in 7 #funding rounds and made 15 #investments in businesses including Mighty Bear Games, Optic, and Fanclash.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6973247426363097088
๐Ÿ“ˆAre you willing to start and enjoy crypto trading, consider #Huobi, one of Chinaโ€™s top 3 #crypto exchanges and top 9 worldwide?

๐Ÿ”ธFounded by Jun Du and Leon Li in 2013 in Seychelles.

๐Ÿ”ธHuobiโ€™s #offerings include Spot trading, P2P trading, Futures, Options, Margin, OTC market, staking, Huobi earn, a mobile app, wallet, and mining pools.

๐Ÿ”ธHuobi's #revenue as of July 2022 was $110.1 mn, an increase of 0.18% from June 2022's $91.7 mn.

๐Ÿ”ธIntegrated #Pyth network, an oracle solution to offer financial data (Price feeds) for its Defi ecosystem.

๐Ÿ”ธRaised $2 mn in 5 #funding rounds and has made nearly 35 #investments.

๐Ÿ”ธAcquired 3 organizations; Bitex, BitTrade, and Huobi technology.

๐Ÿ”ธRecently partnered with Chiliz to launch Fan Token Zone, and also hosted a special PrimeBox event with a 2 mn USDT prize pool.

๐Ÿ”—Read More: https://www.linkedin.com/feed/update/urn:li:activity:6974992891874082816
#Bitcoin investors were in for a rough ride in 2022 as the cryptocurrency lost almost 65% of its market value. But the tide has turned in 2023 with #BTC rallying over 80% since the start of the year. This has left even seasoned investors in awe and rewarded those who held on to their #investments through the tough times.

Whether you're a long-time investor or a newcomer to the world of #cryptocurrencies, the wild ride of Bitcoin is sure to keep you on the edge of your seat. Who knows what the #future holds for this digital #currency? One thing is for sure: with Bitcoin, there's never a dull moment.
Thailand SEC lifts restrictions on individual digital token #investments, fostering #investor options and innovation. #CryptoNews

Regulatory changes signify Thailand's commitment to growing its digital asset ecosystem and ensuring market trustworthiness.
https://coinpedia.org/news/thailand-sec-eases-restrictions-on-digital-token-investments/
Launchpads are platforms where users can invest in new #cryptocurrency tokens before they are listed on broader markets, often through Initial DEX Offerings (#IDOs).

Ranking these launchpads by average Return on
Investment (ROI) assesses the profitability of #investments made through them. We rank the launchpads based on the average ROI of tokens.

#Crypto #CryptoNews

Source: https://cryptorank.io/ico-analytics