Hello everyone, I am Ali, from Wujie Club. Wujie Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
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Bitcoin ETF sees huge inflows after plunge
After the Bitcoin price correction, ETF investors saw a strong opportunity to buy on dips. Especially after the Independence Day of the United States, Bitcoin ETF saw significant capital flows on July 6. Although the price once fell below $54,000, the ETF market still received a net inflow of $143.1 million, the largest amount in a month.
Among them, the Fidelity Bitcoin ETF (FBTC) led with an inflow of $117 million, showing investors' strong confidence in the fund. The Bitwise Bitcoin ETF (BITB) also recorded a net inflow of $30.2 million, while the ARKB and HODL ETFs attracted $11.3 million and $12.8 million, respectively. Contrary to the overall trend, the Grayscale Bitcoin Trust (GBTC) saw a net outflow. Overall, institutional investors and large buyers are taking advantage of the market decline to increase their holdings of Bitcoin at lower prices.
Bitcoin ETF investors have shown resilience, holding on to Bitcoin despite recent market volatility and showing no signs of panic. Current market conditions provide investors with a good opportunity to buy Bitcoin. Bitcoin's outlook is strong, with both new and old investors buying on dips. In the first week of July, BITB saw inflows of more than $66 million, increasing its total Bitcoin holdings to more than 38,000. This growth further demonstrates the market's confidence in Bitcoin's long-term potential.
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Binance Successfully Integrates FET, OCEAN, and AGIX Tokens
Binance has completed the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) tokens, and the combined token is called Artificial Superintelligence (ASI) token. This merger marks an important milestone in the integration of artificial intelligence and blockchain technology.
The specific details of the merger are that all FET, OCEAN and AGIX tokens will be replaced with ASI tokens in a specific ratio. The specific replacement ratio is: 1 FET = 1 ASI; 1 OCEAN = 0.433226 ASI; 1 AGIX = 0.433350 ASI3. After the merger is completed, the spot trading pairs of FET, OCEAN and AGIX tokens will be stopped and delisted, and the trading pairs of ASI tokens and other mainstream digital currencies will be opened.
The merger aims to create a unified decentralized AI infrastructure to process big data and provide industrial services for business environments, language learning models, and AI data sharing. Through this merger, ASI Token is expected to become a market leader, redefine AI technology standards, and drive industry advancement and transformation.
Today’s recommendations are JASMY, TNSR, SAGA, and IO.
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JASMY
JasmyCoin is a blockchain-based cryptocurrency launched by Jasmy Inc. in 2021. JasmyCoin is designed to help users monetize their personal data, a rapidly growing and increasingly lucrative field. Through its platform, Jasmy aims to enable users to securely control and exchange their data while ensuring privacy and data security. The current price is $0.023.
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TNSR
TNSR (Tensor) is the governance token of Tensor, which is an NFT trading market with aggregated liquidity on the Solana chain and the core infrastructure of the Solana chain. It aims to promote community-led governance of the Tensor protocol and help Tensor DAO develop and grow the Tensor ecosystem. TNSR holders can participate in the governance of the Tensor market and make suggestions or vote on changes to the platform's operations and future development. The current price is $0.38.
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SAGA
SAGA coin (is a Layer 1 infrastructure focused on game infrastructure and modularization. It is built on the Cosmos SDK and has unlimited horizontal scalability potential. Saga aims to simplify and enhance the DeFi and Web3 game industries by providing a more customizable and simplified new application development process. On the Saga chain network, blockchain developers can create their own autonomous, VM-independent decentralized applications, called "Chainlets". This provides opportunities for unlimited horizontal expansion potential and highly customized, interoperable, cost-predictable and easy-to-create applications. The current price is $0.943.
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IO
IO Coin (IO) is a digital currency launched by the io.net project, which aims to imitate the US dollar as the global standard for oil trading by becoming the global standard for computer transactions. io.net is a decentralized GPU allocation infrastructure that provides more efficient and flexible computing power for machine learning by accessing underutilized GPU resources outside of cloud services, making the training model calculation more scalable for development teams. The current price is $2.11.
Club Recommendation Review
1.【acre】
Akro, as a leader in the Defi sector, has recently topped the list of gains again. Recently, many currencies in the Defi sector, such as Beta and Lever, have emerged and occupied a prominent position in the list of gains. For Akro, a small-cap currency that has no contracts on BN, our team gave a clear holding suggestion in the afternoon survey, that is, buy at around 0.0047. Soon after, Akro ushered in a wave of rapid growth, and the current price has climbed to 0.0056, an increase of more than 15%. We have once again successfully grasped the pulse of the market and accurately captured the hot spots.
2.【RAY】
Like AKRO, RAY is also a token project on Binance that only has spot but no contracts. As expected, this type of token is the easiest to rise, and you can also look for potential targets to ambush in this way. The club found that RAY has been consolidating at the bottom for too long and has signs of rising, so it chose to ambush. It is recommended to open a position at 1.5, and the highest rise is 1.81, an increase of more than 20%.
Anything produced by Wujie must be of high quality.
Unbounded Club is a crypto community club focusing on primary projects, secondary transactions, airdrop tutorials and on-chain capture. The club provides market analysis, trading strategies, the latest airdrop information and project investment opportunities, and is committed to helping club members obtain comprehensive information in the Crypto field.
Thank you for reading this far. Ali is with you and wishes you a happy life. Good morning, good afternoon, good night, and see you next time.
