EUL MUSHROOMS 68% IN A DAY!
The crypto market is always full of surprises, and today's top gainer is a prime example. $EUL has surged 67.9% to 1.79 USDT, with a whopping 22.7M USDT in trading volume.
But what about the other top gainers? $QI has also seen significant growth, with a 42% increase to 0.001517 USDT. Meanwhile, $DEXE is up 29.8% to 4.74 USDT, with a massive 214.7M USDT in trading volume.
What do you think is behind EUL's explosive growth? Will it continue to climb, or is it due for...
I kept comparing Babylon's TVL to its market cap and the gap didn't make sense to me at first. Over 56,000 BTC locked, something like $5.6 billion secured, and the token sitting at a fraction of that in market cap. My first instinct was to call it undervalued, clean and simple.
Then I sat with what TVL actually represents here. It's Bitcoin locked in staking vaults, not revenue flowing back to BABY holders. The security work being done and the value accruing to the token aren't the same thing u...