The crypto market has recently witnessed a remarkable surge, marked by a significant influx of $1.18 billion into digital asset investment products. This substantial activity, as reported by CoinShares, was primarily spurred by the launch of a spot Bitcoin ETF. Despite this impressive inflow, it did not surpass the record $1.5 billion set during the launch of the Bitcoin futures ETF in October 2021. The trading volume for exchange products soared to a record $17.5 billion, a stark contrast to the 2022 weekly average of $2 billion. This surge, accounting for nearly 90% of the daily trading on exchanges, was a notable increase from the previous range of 2% to 10%.
In this dynamic market, crypto whales are placing their bets on emerging coins to potentially maximize their gains. These projects are gaining attention for their potential growth and innovative features, making them attractive options for investors looking to diversify their portfolios and follow smart money.
ScapesMania: A Newcomer to the Crypto Scene
In the current market circumstances, ScapesMania emerges as an appealing opportunity for early adopters. This groundbreaking project has raised more than $4,393,000 solely from the crowd/retail sector, consistently securing $43,000-$111,000 in funding daily. ScapesMania is gaining traction on tier-1 crypto media platforms and receiving endorsements from recognized crypto influencers.
Key Highlights of ScapesMania
ScapesMania is a vibrant gaming ecosystem that caters to the interests of both casual players and crypto-savvy audiences. As a gamer, there’s no need to deal with the complexities of crypto to enjoy captivating gameplay. On the flip side, token holders can reap the rewards of the ecosystem’s performance and shape its future without playing.
The above-mentioned upsides were enough for crypto whales to choose ScapesMania and it should probably be enough for you as well. The project has undergone audits by industry-leading security-ranking companies, instilling confidence in early adopters. ScapesMania is already making waves on major tracking websites, and negotiations are underway to get it listed on prominent exchanges.
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Presale Opportunities
During its presale stage, ScapesMania is priced at $0.00769. With the listing price set at $0.01 per coin, today’s backers could be looking at a potential +30% return, which implies that ScapesMania is going to outperform all major asset classes and beyond. S&P 500, gold, bonds, and even the cryptocurrency market as a whole are not expected to reach such returns in 2024 and there’s a possibility of the project’s ROI exceeding the above-mentioned number. Post-listing, ScapesMania is going to develop even further to reach new heights.
Joining ScapesMania now unlocks a treasure trove of bonuses, totaling up to 107%, along with exclusive opportunities like token buyback & burn and staking.
With today’s 25% discount, ScapesMania tokens are a steal. As each subsequent sales stage unfolds, the price is set to grow, reaching $0.01 per token as the presale concludes. The countdown to major potential success is almost over with the listing date fast approaching, so do not miss out.
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Sui (SUI): Impressive Growth in Market Metrics
Sui (SUI), the native token of the Sui blockchain network, has recently experienced a significant surge in both its price and underlying platform metrics. The price of Sui (SUI) has risen over 80% in just seven days, rallying from under $1 to over $1.40. This growth is accompanied by a remarkable increase in the total value locked (TVL) on the Sui network, which has catapulted from below $100 million at the start of 2023 to now exceeding $330 million.
Sui (SUI) has overcome previous resistance at $1.245, reaching a new all-time high price of $1.43. This growth is driven by strong on-chain metrics, such as the rising TVL and increasing interest and trading volumes. However, the Relative Strength Index (RSI) indicates overbought conditions, suggesting a potential retracement to around $1 levels in the near term.
Platform metrics and on-chain fundamentals suggest long-term development for Sui (SUI). Sui (SUI) Solend lending protocol integration may enhance momentum, but overbought conditions may cause short-term price corrections.
Xai (XAI): The New Gaming Token on the Block
Xai (XAI), a gaming-centric token on the Ethereum scaler Arbitrum, has seen a significant increase in value following its initial airdrop. The token’s price surged 35% in 24 hours, reaching a new all-time high of $1.12. This spike in value boosted the overall worth of the airdrop to approximately $140 million.
Xai (XAI) experienced volatility following its launch, initially debuting at around $0.77 before dropping to as low as $0.45. However, the price began to rise significantly, reaching its current value, which represents an increase of nearly 87% in a day and a half.
The future of Xai (XAI) appears to be tied closely to the growth and adoption of blockchain gaming. The recent surge in price reflects strong market interest, particularly in the context of the broader recovery of the crypto market. However, the inherent volatility of newly launched tokens and the evolving nature of the blockchain gaming sector present challenges.
Conclusion
The recent surge in the crypto market, highlighted by a $1.18 billion influx into digital assets and record trading volumes, has set the stage for emerging cryptocurrencies. ScapesMania, still in its presale stage, is setting itself up as somewhat of a niche leader and a highly promising project overall, offering early backers a chance to participate at a significant discount.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania
