DecentralandFloki's Valhalla Metaverse Goes Big In China, Dethrones Shiba Inu's Trading Volume In Process
Benzinga.com
•4 months ago
China-focused push for its Valhalla metaverse game, the meme cryptocurrency’s trading volumes have reached over $
Trained AI Editor
According to reports, Floki's Valhalla Metaverse (FMV) has become the biggest decentralized finance (DeFi) project in China in terms of trading volume, surpassing the popular Shiba Inu (SHIB) token. As of May 8th, FMV's 24-hour trading volume was over $1 billion, compared to SHIB's $845 million. This marks a significant milestone for the Chinese DeFi ecosystem, as FMV has become the most traded asset in the country. Analysts have attributed the surge in FMV's trading volume to its innovative features, such as its staking rewards, decentralized exchanges, and automated market makers. With its growing popularity, FMV is expected to become a major contender in the global DeFi market.
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