The rise in the $BTC rate to $63 thousand, which occurred on February 29, contributed to the rise in price of a number of altcoins, some of which over the past week have outpaced the market leader in terms of growth dynamics.
Demand#биткоин supported by activity in spot exchange-traded funds (ETFs), launched in January, whose issuers buy back bitcoins daily to back up shares. The funds already manage about $37 billion, alone#ETF from BlackRock, according to data on the official website, holds more than 100 thousand bitcoins, and the daily influx of assets into the company’s ETF for one trading day on February 20 exceeded $150 million.
As a rule, after a Bitcoin rally, there is often an increase in less capitalized coins, but this time they were joined by already established crypto assets such as$ETH
One of the growth leaders in the AI category was the token of the SingularityNET project $AGIX, “the first decentralized artificial intelligence marketplace” running on the Cardano blockchain. Its capitalization exceeded $973 million, and the price grew by more than 50% in a week, setting a new all-time high at $0.77
Technical analysis of the $ENS token on the daily chart indicates the formation of a “bowl with handle” figure, which hints at further growth of this crypto asset. The current token price is $21.28 with a market capitalization of $655 million.
The growth of recent days$JASMY The analyst attributes this 100% to the permission of the Japanese regulator to invest in crypto for professional market participants. Having successfully passed the resistance level around 0.02, the price has risen to the level and can now expect a slight weakening.
Course#Worldcoin $WLD, the leading cryptocurrency in the artificial intelligence (AI) token category, was also in the spotlight this week. After the news about the launch of the Sora neural network from OpenAI, the token increased in price by 150% and reached an all-time high. The company behind Worldcoin is Tools for Humanity, co-founded by Sam Altman of OpenAI. The token's market capitalization increased to $$1,140 B.
🎲 And so we have prepared information for you that we tried to describe the situation in general.
The graphs show that the altseason is in full swing. and if you don’t find a diamond now, you can forget about it for a long time.
In the coming posts we will post a selection of violas that could potentially fly into space!
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