$LIT a 1.87 just the high of few weeks ago and the top side of the bears supply zone, as expected, and still in a low volatility mode, there is high chance to continue at least to 1.92 and 2.08 targets, I want to see volatility during the high to detect a possible reversal.
$RENDER is one of those og DeFi coins that is just kind of chopping around. I don't like this one as much as AKT and I think that this older batch might have some outdated 'tech' (FET, AKT, RENDER, those types).
Still, the chart itself is fine and the narrative is relevant, so it should do better than most others. but not really an active trade
$SPCX - First gap filled, the lower one will get filled. Not only that you'll be able to buy below IPO price. No serious investor should ever be pushing to buy this above $200. Most of the accounts pushing it have casino sponsors so that should tell you what kind of trade it is.
$HYPE keeps printing! There's nothing bearish on this PA! Hype is leading the altcoin recovery!! Many will follow... but 99% will just die so choose your bags wisely!
$TAO this area gets filled out eventually IMO. This hasn't had many continued moves in a while and there is little to no follow up. Disappointing tbh, I think this goes lower and probably a decent candidate as a short
SpaceX just triggered the largest tokenized stock trading month in history.
$4,300,000,000 in tokenized stocks traded on-chain in 30 days. 140% growth year to date.
On June 15th alone. $100,000,000 in tokenized SpaceX trading on Solana. In 24 hours.
Solana captured 99% of all tokenized SpaceX volume across every chain.
Cumulative on-chain tokenized stock volume just crossed $20,000,000,000 for the first time.
- The SEC is preparing an innovation exemption for tokenized stocks. - BlackRock putting $7,000,000,000 on Ethereum. - Now SpaceX driving $100,000,000 in single-day tokenized volume on Solana.
Tokenization isn't a future trend. It's happening right now.
$INJ Just checked their twitter and seeing some interesting updates. Chain to house all finance is a bit much but them doing some new with music ownership was not expected.
Chart itself looks pretty solid and it has held up better than most other coins. Hard to say why though, seems more cabal than anything else. Could just buy around this area which was the former range for a few weeks and wait on it
$LINK Is a good example of a fundamentally strong project that just doesn't have much of a bid in either bull or bear right now. I think it's because it's not really too much of a speculative asset even though it's used across tons of crypto projects. It's at a decent area near the accumulation range we saw back in 2023 but this is likely a coin that takes a while to move. Better to just buy spot and hold it