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Ben Walther
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Verge — Just a short extract of Friday's session explaining the latest XVG trade signal and setup.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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XVG
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-4.94%
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Are NFTs waking up again? NFT sales just surged by 94%, topping $178.8M this week. After months of stagnation, the NFT market is roaring back to life: * Ethereum remains king, with $67.5M in sales (+130%). * Bitcoin NFTs are gaining ground, hitting $59.2M. * The BRC20 collection led Bitcoin NFT sales, up 165.96%. * CryptoPunks had an explosive week, with sales skyrocketing 688.74%. Not to mention, unique NFT buyers surged 252%, while sellers grew 236%. So, are NFTs officially back? What are your thoughts?
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DeFi is back—but AAVE isn’t skyrocketing. Why? Active loans on Aave have tripled this year, but the token is “only” up 75%. With over $10 billion in active loans, Aave is crushing it. You’d have to go back to early 2022 to see numbers like this. So why isn’t AAVE’s price skyrocketing? It’s simple: the AAVE token is a governance token. Yes, it can be staked (with an APY of ~4.4%) or used as collateral. But it doesn’t directly benefit from Aave’s surging activity. It’s a closed system. That’s why AAVE has outperformed many altcoins but hasn’t gone parabolic. The price reflects its utility and structure—not just hype.
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NASDAQ to Launch Options Trading For Bitcoin ETFs: Here’s Everything You Need to Know!
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Ever wondered how big Solana has become? Here's the global blockchain traffic YTD. Traffic on Solana has hit almost 40% (!!!). Here are some more fascinating insights: ‣ Ethereum is ranked only 2nd with 10% of traffic. ‣ Base, Ton, and Sui were able to grow their traffic massively. ‣ Base has become the second largest chain in terms of traffic. ‣ Cardano and Tron, both top 10 tokens in terms of market cap, record only meager 1% of traffic each. What are your thoughts?
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Technical Indicator Signals — 19th Nov 2024 Here are today's technical indicator signals, calculated for more than 500 crypto tokens. Bearish Ichimoku Cross 🔴 - Eigenlayer $EIGEN Bearish MACD Crossover 🔴 - Pyth NEtwork $PYTH - Jupiter $JUP - Jito $JTO - ORDI $ORDI RSI Overbought 🔴 - Render $RENDER - Bonk $BONK - Floki $FLOKI - Pepe $PEPE - Sui $SUI - Mantra $OM Bearish PSAR Change 🔴 - io.net $IO Bullish PSAR Change 🟢 - Celo $CELO Bullish VMA Trend Change 🟢 - Apecoin $APE
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