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MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.
The latest price moves in crypto markets in context for July 24, 2023.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
One token zoomed 1,200% even though its related project closed in May, data shows.
Bitcoin whales account for the most exchange inflows volumewise since June 2022 as short-term holders become increasingly active.
The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday.
- 09:49DOT Breaks Through $5Market data shows that DOT has surpassed $5, currently reported at $5.01, with a 24-hour decline of 4.93%. The market is highly volatile, so please ensure proper risk management.
- 09:49BTC Surpasses $103,000According to Jinse Finance, the market shows that BTC has surpassed $103,000, currently reported at $103,017.5, with a 24-hour decline of 1.39%. The market is highly volatile, so please ensure proper risk management.
- 09:48Meso Finance announces tokenomics model, 3% allocated for airdropMeso Finance, a DeFi protocol based on Aptos, has announced its tokenomics model. The governance token $MESO has a total supply of 1 billion tokens, which will be used for community governance, incentive mechanisms, and platform decentralization. The token distribution includes 25% for community incentives, 20% for the team, 20% for marketing, 12% for the foundation, 10% for the seed round, 5% each for liquidity and public sale, and 3% for airdrops. $MESO will operate on the Aptos chain and support community voting on proposals for new collateral assets, liquidity pool incentives, and protocol upgrades. The airdrop snapshot has not yet been taken.