ua Main / News / Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025 Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025 05.08.2025 4 min 28 0 Report: top-10 CEX lost $1.1 trillion in trading volume in Q1 2025. Main collage of news. avatar Olena Kocherhina Author of the article According to the CoinGecko report, trading volume on the top ten centralized crypto exchanges in Q1 2025 decreased by $1.1 trillion. Trading volumes on Binance fell below $500 billion for the first time since October 2024, but the service retained its leadership. Gate.io took second place among CEX, surpassing Crypto.com. In Q1 2025, trading volumes of the top-10 centralized cryptocurrency exchanges (CEX) fell by 16.3%, or $1.1 trillion, to a total of $5.4 trillion. This is stated in the CoinGecko report.#Square # Top-10 centralized crypto exchanges and their growth in Q1 2025. Source: CoinGecko. Top-10 centralized crypto exchanges and their growth in Q1 2025. The exchange that suffered the most was Upbit, which lost 34%, reducing its figure from $561.9 billion to $371.0 billion. At the same time, the crypto platform Binance remained the largest service for spot trading in April 2025, with a market share of 38%. However, its trading volume decreased by 18% #Trade_Men_Teo
Головні особливості мемкоїнів Відсутність фундаментальної цінності Основною особливістю мемкоїнів є їхня відсутність фундаментальної цінності, або реального застосування в економіці. Їхня ціна зазвичай визначається спекуляціями, хайпом і попитом серед інвесторів. Вони не мають того ж рівня технологічної основи, або використання в реальних сферах, як, наприклад, біткоїн чи «ефір». Висока волатильність Мемкоїни є чи не найволатильнішою частиною криптовалют. Їхня ціна може різко коливатися через популярність мемів у соціальних мережах, або через зміни настроїв в криптоспільноті. Наприклад, подібні криптовалюти часто можуть стикатися з різким зростанням цін завдяки новим згадкам від знаменитостей чи інвесторів. До речі, DOGE наразі активно підтримує найбагатша людина планети — Ілон Маск. Можливо, саме тому цей мемкоїн наразі входить у топ-10 криптовалют за ринковою капіталізацією. Рушійна сила спільноти Спільноти навколо мемкоїнів часто є їхньою найбільшою цінністю. Вони можуть активно поширювати інформацію про мемкоїни через форуми, такі як Reddit, або соціальні мережі. #Square #bardar
What You Need to Know About Meme Coins in Cryptocurrency First of all, meme coins are cryptocurrencies that gained popularity thanks to memes and jokes on social media. They have never had any technological innovation or serious real-world use behind them. Often, meme coins gain popularity due to 'hype', communities of enthusiasts, or even based on jokes about cryptocurrencies.
Thus, one of the first meme coins was Dogecoin (DOGE), which was created by programmers Billy Markus and Jackson Palmer in 2013. They decided to create a cryptocurrency that would be a joke based on the popular internet meme 'Doge' featuring a Shiba Inu dog photo, accompanied by comedic captions.
As a result, Dogecoin became not only popular among crypto enthusiasts but also gained love among broad segments of internet communities.
Over time, other meme coins started to emerge. They attempted and continue to attempt to replicate Dogecoin's success by attracting attention to their projects. 'Hype' and popular memes are often utilized.
Russian users own about 10 million crypto wallets on the exchange, with assets worth over 10,000 euros stored in 50,000 of them.
8. Binance is a private company.
9. On average, Binance removes no less than 100 fake clones each week.
Representatives of the exchange regularly report on hacker attacks, which are not always easy to deal with. For example, in 2019, criminals managed to steal over 7,000 bitcoins from user wallets, amounting to about 40 million dollars.
10. The founder of Binance is richer than Mark Zuckerberg.
In fact, little is known today about the personal wealth of Changpeng Zhao. According to experts, it exceeds 96 billion dollars. In comparison, Zuckerberg has 73.9 billion dollars at his disposal. Moreover, Zhao is not included in any billionaire rankings. It is quite possible that if the founder of Binance ever decides to take his company public, he could end up even richer than Elon Musk.
you may not have known** Binance is one of the largest cryptocurrency platforms in the world, but there are many interesting facts that remain unnoticed. Here are 12 interesting facts that you probably didn't know:
Binance was founded in 2017 by Changpeng Zhao (CZ) and He Yi. In less than a year, it became the largest cryptocurrency exchange in the world by trading volume.
The name "Binance" is a combination of "Binary" and "Finance," highlighting its connection to technology and economics.
Binance is known for not having a centralized office, making it a global company in every sense.
Binance Coin (BNB), launched as a utility token, was initially used for transaction fee discounts and is now accepted in various applications, including travel and payments.
Binance regularly burns BNB, reducing its total supply to increase the value of the token.
The platform supports over 1.4 million transactions per second, making it one of the fastest in the industry.
In addition to the exchange, Binance has its own blockchain network (Binance Smart Chain), an NFT platform, an educational academy, and even cryptocurrency lending services.