3Jane raises $5.2M in a Seed funding round
#3Jane secures $5.2M in a Seed funding round led by Paradigm, with participation from Wintermute Ventures, Coinbase Ventures, Breed VC, Robot Ventures, Bodhi Ventures and angel investors.
3Jane is a decentralized lending protocol that aims to revolutionize lending in the crypto space by offering unsecured loans based on reputation rather than requiring collateral.
👉 x.com/3janexyz/status/1930264347441615188
Sui 2.68% 24h decline driven by profit-taking and ETF speculation cooldown
1. Post-ETF Filing Cooldown: SUI dropped 2.68% to $3.1624 as initial excitement over the 21Shares ETF filing faded, prompting profit-taking and short-term volatility.
2. Active Trading, Mixed Sentiment: 24-hour trading volume reached $675.4M, with SUI up 4.12% against USD over 7 days but down 2.68% in the last 24 hours, reflecting mixed market sentiment.
3. Testing Key Support: SUI is approaching key support at $3.09, with resistance at $3.43; neutral sentiment (Fear & Greed index 50) and recent price consolidation signal indecision.
Dego Finance -52.20%: Liquidity Reserve Announcement and Whale Sell-Off Trigger Sharp Decline
1. Liquidity Shock and Whale Activity: DEGO’s 52.2% drop to $1.260 was triggered by a liquidity reserve announcement for USD1 on BNB Chain, prompting large-scale whale sell-offs and panic selling.
2. Volume Surge Amid Panic: 24-hour trading volume soared 246% to $85.02 million, with market cap dropping to $29.21 million, reflecting intense short-term volatility and heightened risk.
3. Bearish Breakdown: Price collapsed from $2.636 to $1.260, breaking major support levels; technical sentiment remains negative with risk of further downside, though minor stabilization is seen near $1.26.