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CoinRank Daily Data Report (3/13)|Raydium Daily Trading Volume Drops to Sixth Place in DEX Rankings

CoinRank Daily Data Report (3/13)

KEYTAKEAWAYS

  • Six Trump Cabinet Members Hold Bitcoin Assets Worth Millions of Dollars
  • Catizen Ecosystem Users Exceed 61 Million, Consuming 1 Million CATI Daily
  • Raydium Daily Trading Volume Drops to Sixth Place in DEX Rankings

CONTENT

Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.


SIX TRUMP CABINET MEMBERS HOLD BITCOIN ASSETS WORTH MILLIONS OF DOLLARS

 

According to Fortune, 6 out of 22 members of President Trump’s cabinet hold Bitcoin or related financial products, with a total value in the millions of dollars. Specifically:

 

  • Health and Human Services Secretary Robert Kennedy Jr. holds $1-5 million in Fidelity Bitcoin ETF.
  • Office of Management and Budget Director Russell Vought holds $1,001-15,000 in Coinbase Bitcoin and plans to divest.
  • Director of National Intelligence Tulsi Gabbard holds $15,001-50,000 in Bitwise Bitcoin ETF and an equivalent amount in Bitcoin.
  • Secretary of Defense Pete Hegseth holds $15,001-50,000 in Bitcoin.
  • Treasury Secretary Scott Bessent holds $250,001-500,000 in iShares Bitcoin Trust ETF and plans to divest within 90 days of appointment.
  • Transportation Secretary Sean Duffy holds $250,001-500,000 in Bitcoin and an equivalent amount in Gemini wallet Bitcoin, as well as $50,001-100,000 in Fidelity Wise Origin Bitcoin Fund.

 

Six Trump Cabinet Members Hold Bitcoin Assets Worth Millions of Dollars

 

Analysis: 

 

After Trump’s re-election, he has introduced open crypto policies. The SEC has dismissed multiple cryptocurrency lawsuits, and U.S. regulation is expected to become more clear. This also indicates cryptocurrency’s growing influence in political and financial spheres.

 

CATIZEN ECOSYSTEM USERS EXCEED 61 MILLION, CONSUMING 1 MILLION CATI DAILY

 

The Web3 entertainment platform Catizen has surpassed 61 million ecosystem users, with daily consumption of 1 million CATI tokens and total token consumption exceeding 32 million. Since the launch of the Catizen Mini App Center in August 2024, the platform has released 27 mini-games and plans to launch over 200 new games in 2025 to further drive token consumption and ecosystem development.

 

Analysis: 

 

Catizen has significantly increased user activity and token consumption by expanding its gaming ecosystem and introducing AI technology. Additionally, Catizen is actively expanding into Asian and American markets.

 

RAYDIUM DAILY TRADING VOLUME DROPS TO SIXTH PLACE IN DEX RANKINGS

 

According to DeFiLlama data, Raydium’s daily trading volume has fallen to $508.87 million, dropping to sixth place in the decentralized exchange (DEX) rankings. The current top five DEXs and their daily trading volumes are:

  • Uniswap: $4.107 billion
  • PancakeSwap: $1.446 billion
  • Fluid: $711 million
  • Orca: $709.1 million
  • Curve Finance: $523.87 million

 

DEX

 

Analysis: 

 

Raydium’s trading volume briefly surpassed UniSwap in 2024, but the recent decline in daily volume reflects the intense competition among DEXs. Raydium relies on the Solana blockchain ecosystem, particularly MEME coin trading activity, and this pressure has become especially evident during the crypto market correction period.

 

 

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DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

We strive for accuracy in our content, but occasional errors may occur. Importantly, our information should not be seen as licensed financial advice or a substitute for consultation with certified professionals. CoinRank does not endorse specific financial products or strategies.


WRITER’S INTRO

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