CandleFocus New chart, who dis? Token rebrands might work only once
2025-02-26
Author: Content Editor
This crypto news content discusses the trend of token rebrands in the cryptocurrency industry. It highlights that there have been several high-profile token rebrands recently, with examples such as merit circle becoming BEAM, bitdao becoming MANTLE, matic becoming POL, makerdao becoming sky, and fantom becoming sonic. The article also mentions that many of these token migrations are still ongoing, and that it is possible to combine the old chart with the new one for a comprehensive view of a token's performance. It provides examples of how the price performance of rebranded tokens can vary across their entire trade history. Overall, the content emphasizes the dynamic nature of the cryptocurrency market and the potential impact of token rebrands on token prices.
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