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via Decrypt · By Decrypt Editorial
'Looksmaxxing' Trend Spawns $100M Gray Market Fueled By Bitcoin, Stablecoins: Chainalysis
BTC
BTC/USDT
$63,650.01
+1.41%
$63,650.01
+1.41%
(24s)24h Volume
$25,421,593,503.98
24h H/L
$63,999.00 / $61,306.84
Change: $2,692.16 (4.39%)
Long/Short
59.9%
Long: 59.9%Short: 40.1%
Funding Rate
+0.0064%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(07:54 PM UTC)
1 min read
532 views
0 commentsIn brief
- The crypto-powered gray-market peptide market has surpassed a $100 million annual run rate, according to Chainalysis.
- Demand surged alongside the rise of the social media "looksmaxxing" trend and growing interest in weight-loss peptides.
- Researchers linked some peptide suppliers to Chinese chemical manufacturers previously involved in drug precursor sales.
A fast-growing gray market for…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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