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SLUSH Launchpad’s Initial Pre-Sale: 1 Million SL Coins Sold in Just 3 Hours 😱
The first pre-sale conducted on the SLUSH, a launchpad platform of the SASEUL ecosystem, sold out within 3 hours of its start.Seoul Labs announced that their SL coin’s initial pre-sale, originally planned for five days (January 16-20), saw all 1 million units sell out in just three hours on January 16th, leading to an early closure of this sales round.SASEUL, a mainnet with its own engine, was presented as the first project of the Slush launchpad. SASEUL is a mainnet created with pure proprietar
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TrueUSD (TUSD) experienced some price turbulence over the last 24.
One of the top 10 stablecoins lost its dollar peg - dipping as low as $0.984 during frantic overnight trading. A rare sight for a major fiat proxy!
Most price punishment came on Binance order books amidst a deluge of TUSD sell orders. On-chain data spotted net outflows of over $130 million suggesting investors dumped en masse into BTC and other cryptos.
The drums of institutional FOMO beat loudly after spot Bitcoin ETFs unlocked money vaults this week!
According to ETF analyst Eric Balchunas, nearly $1.4 billion in inflows blasted into various funds in just two trading days!
Adding 500,000 new traders along the way as volumes exploded to $3.6 billion! An impressive start by any metric.
Yet early winners and losers emerged from the chaos with Grayscale experiencing significant outflows. After adjusting for a $579 million drainage, the net measured $819 million.
The drainage highlighted some whales upgrading to newer offerings after being locked into pricey Grayscale products. Why stick with a 1.5% fee ratio when BlackRock charges just 0.25%?
Pi is a new digital currency developed by Stanford PhDs, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/GoldCoin007 and use my username (GoldCoin007) as your invitation code.
remind you! Even if the SEC once again does not approve the application for Bitcoin-ETF (September 2, 2023), they will have to reckon with the deadline - March 15, 2024
This date is notable because the Bitcoin halving will occur around the same time period. #bitcoin