FTX’s Unfolding Saga Buoys SRM Token; Square Enix Continues Focus on Web3
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Daily Top Mover — Serum (SRM)
Major U.S. equity indices started the first 2023 trading session on a sour note. Tesla’s stocks plunged by 12.24% in the wake of poor December delivery numbers, dragging down the Nasdaq Composite index to round off the day with a -0.76% return. Meanwhile, the broader cryptocurrency market behaved unimpressively, with Bitcoin and Ether both down 0,05%, in the past 24 hours. The top mover for today, SRM, which registered a 24-hour return of 30.9% as of the time of writing, has outperformed the market, likely due to FTX’s unfolding saga and the praise from Vitalk on Solana.