In less than 90 days, more than 10 Web3 projects halted operations across gaming, DeFi, analytics, and infrastructure. The shutdowns point to weak cash flow, fragmented liquidity, security failures, and fading demand.
TAC led June 30's crypto gainers after Telegram TON Wallet rolled out Vaults tied to its infrastructure. GENS and CX gained on AI and Hyperliquid-related momentum, while HYPE drew support from net inflows and a fee-funded buy-and-burn design.
Gensyn token AIGENSYN fell about 9% after Binance named it for a HODLer Airdrop. Trading volume surged to $22.4 million as the market focused on fresh supply, AI sector rotation, and thin liquidity.
Crypto market cap fell to $2.63T on April 30. BTC and ETH dipped slightly; DOGE surged 8%. Fear & Greed Index at 29. Fed kept rate at 3.75%. Meta, Ripple, Binance, Coinbase announced updates.
Genshiro, Equilibrium’s sister-chain on Kusama, is positioning itself as a cross-chain DeFi hub. Its native token GENS once reached 0.28, while circulating supply stands above 823 million against a 1.2 billion cap.
Genshiro, the sister chain of Equilibrium on Kusama, offers leveraged trading and portfolio margin. GENS price has dropped significantly from its ATH of $0.28. Circulation is around 823 million. This article analyzes its unique mechanics and market impact.
Genshiro (GENS) is down over 99% from its all-time high of $0.28, with 823 million tokens in circulation. The Kusama-native DEX with portfolio margin and 20x leverage seeks to regain traction amid a depressed DeFi market.
Genshiro, a cross-chain DeFi one-stop shop on Kusama, sees its GENS token price drop sharply from its all-time high of $0.28. With circulating supply at 823 million, the project faces market headwinds despite innovative features.
