One of the latest developments in the cryptocurrency market is the emergence of the BRC-20 token standard. In March 2023, an anonymous blockchain analyst named Domo introduced this standard, which has since become a popular trend in the cryptocurrency industry.
After finding support at a key level, The Graph (GRT) has shown a bullish reversal formation, which suggests a potential strong rebound in the next few days.
Since Ethereum's London hard fork 21 months ago, the network has seen the elimination of more than 3.33 million Ether, amounting to $6.1 billion. Currently, about 3.51 ether is burned every minute. The Opensea platform has emerged as a significant player in the burn process since August 5, 2021, ranking just below traditional ETH transfers, with a contribution of 230,050 ETH burned.
Around 90 days ago, the market value of 74 digital currencies driven by AI was more than $4 billion. However, in the intervening period, the market has suffered a loss of over $1 billion in value.