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🆕 Liquidity Bonds with Digital Arms 🤝 The driving force behind Digital Arms, an innovative ecosystem reshaping the landscape of digital collectibles. The HUNTER TOKEN® ( $HNTR ) is your access to their 🖼 collection. 📅 Vesting term: 30 days ➡️ apebond.click/HNTR #ApeBond

🆕 Liquidity Bonds with Digital Arms 🤝

The driving force behind Digital Arms, an innovative ecosystem reshaping the landscape of digital collectibles. The HUNTER TOKEN® ( $HNTR ) is your access to their 🖼 collection.

📅 Vesting term: 30 days

➡️ apebond.click/HNTR

#ApeBond

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Double-Digit Rise of Altcoins Also Ignited Bullish Predictions. The rise came after a resurgence in market forces led to an increase in market capitalization. Bitcoin's market cap is $1.2 trillion, while crypto assets reached $2.34 trillion after posting weekly gains. Double-digit inflows for most assets in the market followed the Fed meeting, which did not affect interest rates. Crypto users are predicting the beginning of a bull run in social media spaces, especially memecoins. However, some users still need to be convinced by recent altcoin flows due to periods of volatility. Solana (SOL) is up 20.6% this week after a period of poor results. The altcoin continued its gains by trading at $155 in the last 24 hours. Solana has made a name for itself lately by outperforming the market in bull runs based on various factors, including memecoin activity. Solana memecoins are also posting similar numbers in the market. Some assets are rising above 50% after weeks of outflows. SOL pared its monthly losses to 15% as bulls predicted a broader market run. Near, on the other hand, increased by 1.6% today and increased by 21.57% in total this week. Asset daily volumes rose 8% to over 590 million after the price surge to $7.49. Weekly gains above 20% sparked short-term trading, indicating improving macroeconomic factors. This rally can also be seen in crypto stocks, although most remain at single-digit gains. Other altcoins also led to a rally in the market leading to weekly predictions. Ripple (XRP) increased by 7.59%, while Cardano (ADA) and Avalanche (AVAX) increased by 3.37% and 4.17%, respectively. Memecoins recorded the biggest gains this week as expected due to inflows inspired by the high volatility craze. The leading memecoins of the last 24 hours are Bird Dog with an 83% gain, and FindMe and WSB Coin with 16.6% and 61% inflows respectively. $BTC $ETH $BNB
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Big change in Bitcoin: It is at its lowest level in the last 10 years! Bitcoin's entry into the stock exchanges fell to its lowest level in 10 years after its all-time high of $ 74 thousand. Latest data shows that foreign exchange inflows have reached lows not seen in almost a decade. Data from onchain analysis platform CryptoQuant shows that daily BTC inflows have decreased significantly since Bitcoin's all-time high of $73,800. What does the critical statistic in Bitcoin indicate? Bitcoin investors are not in the mood to keep cryptocurrencies ready for quick sales on exchanges. According to CryptoQuant, April and May 2024 saw the lowest daily inflows into major foreign exchange accounts in the last 10 years. On April 20, when BTC/USD was at the level at which this news was written, only 8,400 BTC was moved to the exchanges. Such small transfers were last observed when Bitcoin was trading below $1,000. CryptoQuant tracks numerous spot and derivative exchanges to compile data. The figures reflect a significant shift in hodler sentiment this year as Bitcoin investment enters a new era of institutional participation. Mignolet refers to whale assets holding between 1,000 BTC and 10,000 BTC. An accompanying chart showed the spent output age ranges of on-chain transactions. The post added that whales “may not be willing to sell yet because the cycle is not over.” “There may be demand outside of exchanges, particularly in the OTC market, that has the capacity to absorb large sales volumes even without depositing money into exchanges following ETF approval,” Mignolet wrote. But while commenting on the current market landscape, Checkmate, lead analyst at data firm Glassnode, said new spot Bitcoin exchange-traded funds are likely shaping the numbers. “The data around these assets is notoriously noisy, and I can almost guarantee that the big ‘whale’ wallets you are tracking are ETFs and exchanges,” he told his followers in part of a post on X. $BTC $ETH $BNB
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