CHART: Almost every new Poloniex listing is a memecoin
Of Poloniex’s last 100 listings, 94 of them are so-called ‘memecoins,’ many of questionable quality or legality.
Of Poloniex’s last 100 listings, 94 of them are so-called ‘memecoins,’ many of questionable quality or legality.
Poloniex has withdrawn from Staked USDT (stUSDT) on Ethereum, vastly dropping the utilization of the protocol.
Poloniex has a page on its website titled ‘Proof of Reserves,’ but this only shows how much Tron is on the platform.
The WBTC/BTC pair looks to have been removed from Poloniex completely, and the WBTC/USDT pair states, “Currently trading is disabled.”
Sun’s USDD is meant to stay priced at a dollar via a series of algorithmic mechanisms but it’s deviated 3% and currently trades for $0.97.