The market has been quite interesting over the past few hours. Let's look at a few big news items:
$SHIB's burn rate skyrocketed by 1086% in a single day! Over 23 million coins were burned, and the deflation narrative is back in play. Is the dog-themed coin about to start performing again?
On the other hand, $DOGE ETF has completely cooled off, with only 2 days of inflows in the entire month of March, not even reaching 1 million dollars. This contrast is quite striking.
Fenbushi is still offering a bounty for the 42 million dollars hacked in 2022. We still cannot let our guard down on on-chain security.
⚠️ Key point:
Currently, the market funding rate has reached extreme levels, and on-chain data shows that whale positions are net flowing out!
Be careful not to make impulsive trades in this position, especially with those altcoins that suddenly pop up.
👇 Have the altcoins in your hands outperformed the market today? Report your positions in the comments!
$SHIB's burn rate skyrocketed by 1086% in a single day! Over 23 million coins were burned, and the deflation narrative is back in play. Is the dog-themed coin about to start performing again?
On the other hand, $DOGE ETF has completely cooled off, with only 2 days of inflows in the entire month of March, not even reaching 1 million dollars. This contrast is quite striking.
Fenbushi is still offering a bounty for the 42 million dollars hacked in 2022. We still cannot let our guard down on on-chain security.
⚠️ Key point:
Currently, the market funding rate has reached extreme levels, and on-chain data shows that whale positions are net flowing out!
Be careful not to make impulsive trades in this position, especially with those altcoins that suddenly pop up.
👇 Have the altcoins in your hands outperformed the market today? Report your positions in the comments!