• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Thursday, June 8, 2023
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

If you are hodling Cardano, SUSHI and UNI you are most likely in loss

wireopedia memeber by wireopedia memeber
December 14, 2021
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
If you are hodling Cardano, SUSHI and UNI you are most likely in loss
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

There is no denying the fact that the crypto industry is currently bleeding as the market cap of the industry which recently touched a high of over $3 trillion is now barely above the $2 trillion mark.

You might also like

CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits

Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

Bitcoin Is Reportedly Trading At a $2k Premium on Binance.US

This has had a ripple effect on the market and addresses holding a number of certain digital assets appear to be the most affected.

Cardano, Sushiswap and Uniswap holders are in red

According to data from IntoTheBlock, over 70% of addresses holding Cardano are currently at a loss. Other notable crypto assets whose holders are at a loss include Sushiswap with over 80% and Uniswap at 71%.

For any address with a balance of tokens, ITB identifies the average price (cost) at which those tokens were purchased and compares it current price.

Addresses at profit:$BTC 78%$ETH 86%$DOGE 55%$SHIBA 56%$MATIC 83%$ALGO 77%

Addresses at loss:$ADA 73%$SUSHI 84%$UNI 71% pic.twitter.com/X3oDsA7GDn

— IntoTheBlock (@intotheblock) December 13, 2021

You’ll recall that we reported that Cardano’s price had dropped rapidly after the digital asset had reached a peak of $3.10 in early September. Since then, the asset has lost over 50% of its value and also its position as top 5 crypto asset by market cap.

Available data on CryptoSlate shows that ADA has lost over 5% within the last 24 hours and over 15% within the last 7 days.

For Sushi and Uni, the native tokens of two leading decentralized exchanges, their values have plummeted rapidly since reaching a new ATH earlier in the year. Sushi, for instance, has lost 75% of its ATH while UNI has lost almost 68% of its ATH.

BTC, Ether, Doge and Shiba holders smile to the bank

While holders of the earlier coins are still smarting from their losses and the bearish nature of the current crypto market, holders of Bitcoin, Ethereum, the two popular meme coins, Dogecoin and Shiba Inu plus holders of Polygon’s Matic and Algorand are raking in the profit.

According to IntoTheBlock, 78% of addresses holding the flagship digital asset are currently in profit. For Ethereum, 86% of its hodlers are in profit while the two meme coins, Shiba Inu and Dogecoin, have 56% and 55% of their holders in profit respectively. 83% of Matic holders are in profit and 77% of Algorand’s holders are in profit.

Interestingly, many of these coins in profit have recently rallied to new highs though they have since lost steam as the wider crypto market is facing a widespread correction.

The post If you are hodling Cardano, SUSHI and UNI you are most likely in loss appeared first on CryptoSlate.

Read Entire Article
Tags: BlockchainCoin SurgesCryptocurrenciesCryptoslateMarket StoriesTrading
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits

by wireopedia memeber
June 8, 2023
0
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits

Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the

Read more

Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

by wireopedia memeber
June 8, 2023
0
Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

Coinbase CEO Brian Armstrong has responded to the lawsuit filed by the US Securities and Exchange Commission (SEC) against his cryptocurrency exchange The securities regulator charged Coinbase with

Read more

Bitcoin Is Reportedly Trading At a $2k Premium on Binance.US

by wireopedia memeber
June 8, 2023
0
Bitcoin Is Reportedly Trading At a $2k Premium on Binance.US

According to sources on June 6, Bitcoin is trading at a $2,000 premium on Binance US, an exchange the United States Securities and Exchange Commission (SEC) claims is...

Read more

Republican crypto bill a ‘10x improvement’ on all others: Messari CEO

by wireopedia memeber
June 8, 2023
0
Republican crypto bill a ‘10x improvement’ on all others: Messari CEO

Speaking in a Twitter Space hosted by Coinbase on June 7, Ryan Selkis praised the new crypto bill for providing new

Read more

Ethereum Price Consolidates Below $1,900: What Could Trigger A Sharp Decline?

by wireopedia memeber
June 8, 2023
0
Ethereum Price Consolidates Below $1,900: What Could Trigger A Sharp Decline?

Ethereum price is moving lower from the $1,900 resistance against the US Dollar ETH could decline heavily if there is a clear move below the $1,800 support Ethereum...

Read more
Next Post
Today’s Economy Parallels Weimar Germany’s Hyperinflation, But Now We Have Bitcoin

Today's Economy Parallels Weimar Germany's Hyperinflation, But Now We Have Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

PayPal reportedly confirms plans to explore the launch of a stablecoin

PayPal reportedly confirms plans to explore the launch of a stablecoin

January 8, 2022
Sixteenth child dies after suffering from Strep A infection

Sixteenth child dies after suffering from Strep A infection

December 9, 2022
P2E gamers, minors not any safer from the tax man, says Koinly

P2E gamers, minors not any safer from the tax man, says Koinly

September 20, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • 11 Famous People Who Stand By Their Cosmetic Procedures And 11 Celebs Who Had Theirs Totally Reversed
  • Kilauea Volcano on Hawaii’s Big Island begins erupting after three-month pause
  • Niall Horan ‘afraid’ to go out after being ‘chased’ by One Direction fans
  • CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
  • Coinbase CEO Responds to SEC Lawsuit Accusing Crypto Exchange of Securities Law Violations

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$26,396.00-1.98%
  • ethereumEthereum(ETH)$1,838.03-2.17%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$259.92-6.79%
  • usd-coinUSD Coin(USDC)$1.000.03%
  • rippleXRP(XRP)$0.52-1.26%
  • staked-etherLido Staked Ether(STETH)$1,836.31-2.23%
  • cardanoCardano(ADA)$0.323843-6.58%
  • dogecoinDogecoin(DOGE)$0.067767-2.81%
  • solanaSolana(SOL)$18.62-7.75%
  • matic-networkPolygon(MATIC)$0.76-5.51%
  • tronTRON(TRX)$0.076773-2.38%
  • litecoinLitecoin(LTC)$88.44-2.16%
  • polkadotPolkadot(DOT)$5.02-3.30%
  • binance-usdBinance USD(BUSD)$1.000.00%
  • avalanche-2Avalanche(AVAX)$13.92-4.91%
  • shiba-inuShiba Inu(SHIB)$0.000008-2.41%
  • daiDai(DAI)$1.00-0.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,423.00-1.92%
  • uniswapUniswap(UNI)$4.56-4.13%
  • chainlinkChainlink(LINK)$5.94-4.26%
  • cosmosCosmos Hub(ATOM)$9.44-6.21%
  • okbOKB(OKB)$44.39-1.75%
  • stellarStellar(XLM)$0.087423-1.99%
  • bitcoin-cashBitcoin Cash(BCH)$111.14-2.40%
  • filecoinFilecoin(FIL)$4.14-4.59%
  • crypto-com-chainCronos(CRO)$0.058810-1.80%
  • nearNEAR Protocol(NEAR)$1.40-7.23%
  • vechainVeChain(VET)$0.017617-5.19%
  • algorandAlgorand(ALGO)$0.122071-9.67%
  • elrond-erd-2MultiversX(EGLD)$34.67-4.44%
  • axie-infinityAxie Infinity(AXS)$6.21-7.04%
  • terra-lunaTerra Luna Classic(LUNC)$0.000094-6.15%
  • compound-ethercETH(CETH)$36.88-2.13%
  • ftx-tokenFTX(FTT)$1.91-20.60%
  • terrausdTerraClassicUSD(USTC)$0.012330-6.51%