CoinGecko Q2 2023 Cryptocurrency report

[Bash4j]

Data for Q2 2023 shows the cryptocurrency market thriving to consolidate gains with a slight increase of 0.14%, from a total market cap of $1.238 trillion on March 31, 2023, to $1.240 trillion on June 30, 2023 Overall trading may have reduced, but the market has grown greatly with Bitcoin showing solid network activity while a few major exchange tokens recorded an increase in price in Q2 with $BGB having the best returns, going up by 22.6%. The Q2 2023 quarterly report examined various elements of the market, with one of the most notable insights being the edging out of Huobi and Crypto .com out of the top 10, while  Bybit and Bitget took their places. Bybit and Bitget saw trading volumes increase by $13.1 billion and $1.5 billion respectively and were the only exchanges in the top 10 to gain volume.

What do you think about this?

[AnanyaBushra]

I think Bitget and Bybit owe much of their success to their launchpad, which has had a significant impact. Specifically, Candybomb, SuperAirdrop, and launchpool played crucial roles in driving the positive price trend of $BGB, which even surpassed $BNB's price trend at times

[Bash4j]

9 minutes ago, AnanyaBushra said:

I think Bitget and Bybit owe much of their success to their launchpad, which has had a significant impact. Specifically, Candybomb, SuperAirdrop, and launchpool played crucial roles in driving the positive price trend of $BGB, which even surpassed $BNB's price trend at time

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