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HomeCrypto NewsMarketCoinGecko Reveals Canadian Investors Keeping Eyes on Wonderland (TIME) Instead of Meme Coins

CoinGecko Reveals Canadian Investors Keeping Eyes on Wonderland (TIME) Instead of Meme Coins

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CoinGecko has just released its “Top 10 Most Trending Crypto Coins” list for Canada. The list is released by CoinGecko based on data collected from January 29, 2021, to February 4, 2022.


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The exciting thing is that no single meme coin made it to the list. Even the top 2 biggest meme coins in market capitalization, Dogecoin, and Shiba Inu, fail to impress Canadian Investors.

Wonderland (TIME) steals the show this time and can be seen as the top trending coin on the list, closely followed by King Bitcoin (BTC) and AstroSwap (ASTRO).

Ethereum was the fourth most trending crypto in Canada on CoinGecko, and LooksRare (LOOKS) stood below it at the fifth position. On the other hand, Cortex (CTXC) was seen as the sixth most-trending crypto on the website, while Fantom (FTM) took the seventh spot.

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Polytrade (TRADE), Cosmos (ATOM), and Terra (LUNA) manage to occupy eighth, ninth, and tenth slots, respectively.

Wonderland (TIME) is trading at $351.80, showing massive gains of over 18% for the day. Despite these impressive gains, the 24-hours trading volume for the coin plunges over 42% to $$1,300,527.49 compared to the previous day, showing a lack of interest of buyers at higher prices.

An anonymous team created a wonderland. Being one of the most popular and successful Olympus DAO forks, TIME is the first decentralized reserve currency protocol available on Avalanche. Each unit of TIME is backed by different reserve assets like Magic Internet Money and liquidity tokens. This mechanism, copied from OHM, ensures that TIME has an intrinsic value it cannot fall below.

The interesting fact about the Wonderland coin is that its total supply has no cap, as TIME aspires to reach a stable valuation in the long term.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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