Bitget could be in trouble as Datalake, a DeSci coin going viral, unlocks 600x gain after delisting LAKE crypto from Bitget exchange.<\/p>\n
Not every day do we see \u201cuseful\u201d projects surge 6X within hours. <\/span>Often, these projects tend to flatline before exploding or, worse, dumping hard.<\/span><\/p>\n After DataLake <\/span><\/p>\n <\/span><\/p>\n <\/p>\n chose to take a different approach, delisting from Bitget, a centralized exchange, it only took a few days before the token soared, adding an impressive 600%.<\/p>\n According to <\/span>Coingecko<\/span><\/a>, DataLake is now among the top 10 most valuable decentralized science (DeSci) projects, tailing Origintrail and VitaDAO.<\/span><\/p>\n The total market cap of all DeSci projects <\/span>stands<\/span><\/a> at around $1 billion, adding nearly 20% in the past day and almost 100% over the past month.<\/span><\/p>\n Interest follows the high-profile appearances of Vitalik Buterin, the co-founder of Ethereum, and Changpeng Zhao, the founder of Binance, at a DeSci-focuses event in Bangkok.<\/span><\/p>\n What an unreal day at our BUIDLer House in Bangkok. Just when we thought our DeSci Day event couldn\u2019t get any better, GOATs @cz_binance<\/a> and @VitalikButerin<\/a> dropped in to join the session.<\/p>\n Our guests not only had the chance to hear directly from DeSci project teams but were also\u2026 pic.twitter.com\/TLGu06nMcI<\/a><\/p>\n \u2014 Binance Labs Fund (@BinanceLabs) November 13, 2024<\/a><\/p>\n\n To understand why DeSci could be the next big thing, even better than meme coins, you must examine what this subsector seeks to solve.<\/span><\/p>\n Simply put, DeSci integrates the distribution of blockchain and science, looking to make processes more transparent and core data even more accessible.<\/span><\/p>\n DeSci creators aim to resolve systemic issues facing science, such as low funding, restrictions on data sharing, and challenges in publishing research findings.<\/span><\/p>\n One of the many projects in this space is DataLake.<\/span><\/p>\n DataLake is a project by Ligia Kornowska and Wojciech Sierocki, both of whom are medical doctors.<\/span><\/p>\n Their innovation is simple: Tap into the blockchain to advance a patient-centered approach in research and clinical trial innovations.<\/span><\/p>\n DataLake uses Arbitrum technology, ensuring fast, secure, and cheap data management.<\/span><\/p>\n DISCOVER:\u00a0The Hottest Upcoming Binance Listings in 2024 Meme Coin Market<\/a><\/strong><\/p>\n Before last week, DataLake and other DeSci projects hadn\u2019t received the attention they deserved.<\/span><\/p>\n\n (Source<\/a>)<\/p>\n However, when Vitalik Buterin attended the DeSci event hosted by Binance Labs and met with Changpeng Zhao, the community realized how crucial this sector is.<\/span><\/p>\n DeSci might be the only sector in this space with potential to literally save lives while also delivering 100x returns. <\/p>\n Maybe it’s just me, but feels way more fulfilling than betting on shitty memecoins with no inherent value.<\/p>\n Bullish $LAKE<\/a> \u2014 Simon (@sjdedic) November 9, 2024<\/a><\/p>\n\n With this, they also realized just how undervalued these tokens were now that, in Zhao\u2019s words, \u201d crypto has finally been validated enough to come to science.\u201d<\/span><\/p>\n Interestingly, this shift in attention also came at an interesting time for DataLake.<\/span><\/p>\n EXPLORE:\u00a0Will Bitcoin Hit $100K This Week? BTC Stares Down Six-Figure Price<\/a><\/strong><\/p>\n The project chose to delist from Bitget, pointing to unfairly low demand.<\/span><\/p>\n It is a decision described as \u201cbold\u201d and a stand against what some have described as potentially exploitative centralized exchange practices enabled by market makers.<\/span><\/p>\n LAKE, the token behind DataLake, is now trading on Uniswap and generating decent volume, far more than those in Bitget.<\/span><\/p>\n\n (Source<\/a>)<\/p>\n In their Q3 2024 report, they observed that Uniswap <\/span>accounted<\/span><\/a> for $2.5 million in trading volume, more than 3X generated in Bitget.<\/span><\/p>\n At the same time, liquidity providers offering LAKE liquidity on Uniswap earned over $75,000 in rewards.<\/span><\/p>\n DataLake said the huge difference in trading volume reflected a growing preference for DEXes, further confirming their decision to exit.<\/span><\/p>\n The question now is: <\/span>Will LAKE and DeSci continue to boom?\u00a0<\/span><\/p>\n\n (LAKEUSDT<\/a>)<\/p>\n When writing, LAKE is up 600% versus Ethereum, according to Uniswap v3 data.<\/span><\/p>\n EXPLORE:\u00a016+ Tokens That Look Set To Explode \u2013 Expert Cryptocurrency Predictions & Analysis<\/a> Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/p>\n The post DataLake Delisted From CEX And Pumped +600%: Bad News For Bitget?<\/a> appeared first on <\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitget could be in trouble as Datalake, a DeSci coin going viral, unlocks 600x gain after delisting LAKE crypto from Bitget exchange. Not every day do we see \u201cuseful\u201d projects surge 6X within hours. Often, these projects tend to flatline before exploding or, worse, dumping hard. DataLake Soaring Amid LAKE Crypto Price Pump After DataLake […]<\/p>\n","protected":false},"author":0,"featured_media":21468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21467"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21467"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/21468"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}DataLake Soaring Amid LAKE Crypto Price Pump<\/h2>\n
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\n <\/p>\nThe CZ and Vitalik Effect On DeSci Crypto Space<\/h2>\n
Bullish $CRYO<\/a>
Bullish $RSC<\/a>
Bullish\u2026<\/p>\nLAKE Crypto Willingfully Delist From Bitget<\/h2>\n
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