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Whale and Rally dominate social token scene with $240M market cap

From cointelegraph.com

Two social tokens are shining brighter than the rest, with a combined market capitalization of $240 million. Research compiled by crypto data aggregator Messari has revealed the Whale token is the most valuable social token with a market capitalization of $136 million. Rally is a close second with a $104-million market cap, meaning the pair represents $240 million combined.According to CoinGecko, the two tokens represent 83% of the entire social token sector’s capitalization. Social tokens are backed by the reputation of the individual, brand or community issuing them. While the sector has recently been gaining ... (full story)

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  • Category: Fundamental Analysis