KEYTAKEAWAYS
- MUBARAK Top 10 Individual Holder Addresses' Unrealized Profits Exceed $15 Million, Weekly Gain Reaches 148%
- Jupiter Repurchases Over $7.5 Million Worth of JUP Within a Month
- Base Network Weekly Contract Deployments Exceed 11.4 Million, Setting All-Time High
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
MUBARAK TOP 10 INDIVIDUAL HOLDER ADDRESSES’ UNREALIZED PROFITS EXCEED $15 MILLION, WEEKLY GAIN REACHES 148%
According to GMGN data, MUBARAK token price currently sits at $0.1924, with a weekly gain of up to 148%. Excluding clearly marked exchange addresses and smart contract addresses on-chain, the top 10 individual MUBARAK holder addresses have collectively accumulated unrealized profits exceeding $15 million.
Analysis:
On the evening of March 16, CZ’s public wallet purchased $Mubarak worth 1 BNB, sparking widespread community attention and significantly heating up market expectations for its potential listing on Binance. Currently, Mubarak’s market capitalization has surpassed $180 million, with 24-hour trading volume reaching $47 million, demonstrating strong market demand. With increased community confidence and trading activity, Mubarak’s future performance is worth anticipating, though investors should remain aware of market volatility risks.
JUPITER REPURCHASES OVER $7.5 MILLION WORTH OF JUP WITHIN A MON
According to Solscan on-chain data, Jupiter has conducted massive buybacks using a significant 50% of protocol fees starting February 17, accumulating a total of 15,476,222 JUP tokens repurchased, worth approximately $7.99 million.
Analysis:
Jupiter’s completion of such a large-scale buyback within a month demonstrates its ecosystem’s financial strength and firm confidence in JUP token value. By using protocol fees for buybacks, Jupiter not only reduces market circulation but also potentially drives up token prices, further incentivizing community participation. This initiative also sets a good example of fund management for decentralized finance (DeFi) projects, potentially attracting more investors to focus on its ecosystem development.
BASE NETWORK WEEKLY CONTRACT DEPLOYMENTS EXCEED 11.4 MILLION, SETTING ALL-TIME HIGH
According to Token Terminal data, the Base Network’s weekly contract deployments have recently surged to 11.4 million, setting a new historical record.
Analysis:
The significant growth in Base Network contract deployments reflects the rapid expansion of its ecosystem and the high level of activity within its developer community. This milestone not only highlights Base’s technical appeal as a Layer 2 solution but also indicates that it is becoming a popular platform for building decentralized applications (DApps). As more developers and projects join, Base will provide users with richer application scenarios.
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