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Got it! Justin Sun quietly increased his holdings in this local dog, hurry up and make a layout!
ARB is about to undergo a major transformation, and the magic coin Kaspa is gaining favor. What is going on?
Will Solana spot ETF be approved? What surprising benefits does Floki have? Let’s take a look with Yumo.
First of all, the trillion-dollar Wall Street giant Vanda officially submitted the S1 document for the Solana spot ETF. This is not groundless and may succeed. Vanda is the first to submit an Ethereum spot ETF and get it approved. Its Bitcoin ETF was also approved. This Solana ETF is by no means a show. Once it starts, other giants may follow suit, and each application will trigger a surge in Solana.
From the K-line, Solana has reached the bottom after three previous corrections, breaking through the downward trend line, and is expected to rise to around 170 in a few weeks. Bloomberg analysts said that the final decision will be made in March next year, and other institutions are expected to apply during this period. Wall Street market maker GSR is high-profile and insists that the ETF will be passed. Giant Pantera has also entered the market. The public chain is protected by giants and has great potential. The ecological currency WIF on the chain can be appropriately deployed.
Speaking of Floki, it was discovered that Justin Sun secretly bought 300 million coins last night, with a holding of 3.7 million US dollars. Justin Sun is not stupid. The first time he bought it was before the outbreak, and it rose 10 times. This time, you can pay attention and make appropriate allocations to gain something.
In addition, the dormant Layer 2 leader ARB has undergone a qualitative change. The staking service provider proposed to distribute 50% of the sorter profits to token holders, which means that token holders will receive an annual staking income of 7%. The proposal will be voted on in mid-to-late July. If passed, it will become popular, and the Ethereum ETF will be listed, which is a double blessing.
KAS, which was previously ambushed, also has good news. Nasdaq-listed mining company Marathon has started its mining business. KAS is a POW public chain with powerful performance and a famous founder. It is worth paying attention to and has been bullish for a long time.
People, who had previously let the price escape the top at 0.095, took it back at 0.085 yesterday and continued to rise, making a cumulative profit of 30% in a week. Together with coins such as Sol and Pepe, many people doubled their money in a week.
The direction of Bitcoin funds has changed from net outflow to net inflow. The average transaction price of short-term holders is higher than that of medium-term players, which represents demand and buying. Bull markets usually experience five selling pressure peaks. This is the fourth time now, and the fifth is expected to be next summer.
Looking at the data of long-term players, the floating profit ratio turns from green to blue in each cycle. The first two times took 98 and 69 days respectively. This round has been fluctuating for 96 days, and the bull market may start at any time.
Witnessing multiple rounds of bull and bear markets, the bull market came quietly, rising slowly, and then suddenly there was a positive acceleration, those who had not bought rushed to buy, Wall Street called orders, and it continued to rise for several months before it ended. Cherish the current profit opportunities and hoard coins for the big bull.
Next year’s bull market will make you famous!