News

Clanker Token Trading Volume Hits $59.8 Million High On November 21

Key Points:

  • Clanker token trading volume surged to $59.8M, contributing 14.75% to PumpFun.
  • Clanker’s fee income hit $598K, fueled by projects like the ANON token.
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee income reached $598K, with ANON token by Vitalik created on Clanker.

Clanker Token Trading Volume Hits $59.8 Million

On November 21, Clanker reached an all-time high of $59.8 million in token trading volume, accounting for 14.75% of the total volume across the leading platform, PumpFun. This huge volume marks the rising importance of the platform in the crypto ecosystem as a launching pad that is reliable and liquid, which will further be in demand by newly issued projects. The figure showcases the rising adoption of Clanker among those looking to have a seamless token-issuance-and-trading experience.

This indeed constitutes more trading activity real sign that the stock exchange is in a position to handle high-demand projects to then create retail and institutional interest in such projects. According to Dune, Clanker’s performance increases the exchange, but it’s indicative of how this digital asset ecosystem will be in particular fueled through decentralized platforms.

Read more: Pumpfun Solana Memecoin Sales Exceed 500K SOL, Totaling $162M

Clanker Powers Unique Tokens Like ANON

Having hosted ANON, a token that had gained massive popularity right after its swap by Vitalik, finally nailed Clanker’s reputation as a platform for launching tokens. This highly profiled token will serve as proof of what Clanker is capable of in creating innovative, in-demand crypto assets. Projects like ANON advocate for the appeal given to developers in search of a bleeding-edge environment on the back of Base Network.

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.

Recent Posts

November 2024’s Best Blockchain Innovations: Qubetics vs. Avalanche and Stellar

Discover November 2024’s top blockchain innovations! Compare Qubetics ($TICS), Avalanche (AVAX), and Stellar (XLM) to…

2 hours ago

Semler Scientific Bitcoin Portfolio Boosted by $29.1 Million

Semler Scientific Bitcoin investment has now reached 58.4% return since July 1, reflecting a significant…

2 hours ago

Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain

Bengaluru, India, 25th November 2024, Chainwire

2 hours ago

5 Tips To Gain More Crypto Alpha On X

If you can find a crypto alpha, everything can change. Want tips on how to…

3 hours ago

VanEck Bitcoin ETF Will Remain Free of Sponsor Fees Until 2026

VanEck extends the zero-fee waiver for VanEck Bitcoin ETF (HODL) until January 2026, applying to…

4 hours ago

Solana Meme Coin Dogwifhat Is Now Available For Trading On Robinhood

Robinhood Crypto has added the Solana meme coin Dogwifhat, allowing users to trade it on…

4 hours ago

This website uses cookies.