Four months ago, the rebase token economy was $8 billion and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. OHM TIME BTRFLY KLIMA
About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus , had a $4.3 billion market valuation last November, but after shedding 98.1% in USD value, OHM’s market capitalization is now $438 million.During the first week of November, Bitcoin.
At one time, the aggregate market capitalizations of OHM, TIME, BTRFLY, and KLIMA was around $7.885 billion and today, the dozens upon dozens of rebase coins are worth $1.14 billion. In more recent times, a slew of rebase tokens saw double-digit gains, in terms of two-week standings. 14-day data shows the rebase coins midasdao , dollars , spartacus , euphoria , and templedao have seen prices gain by double digits against the U.S. dollar.
While OHM is 98.1% lower than it was in November, there’s still around $5.3 million in global trading volume and $24.71 million total value locked in terms of staking. Wonderland users are staking $638.76 million today, but TIME has only seen $630,447 in 24-hour global trade volume. TVL metrics, and the aggregate global trade volume for rebase tokens, in general, have also dropped considerably over the last four months.
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