Several altcoins have gained attention recently, including BOME, SLERF, and ETHFI. These coins have performed well in the market recently and attracted the attention of many investors. Let's take a look at them together:
BOME: BOME is the product of Solanaās pre-sale activities. Users can receive airdrops after depositing SOL coins into the designated address. This move brought huge attention and hype to the project, causing BOMEās price to surge nearly 25 times, reaching a market capitalization of $1 billion. BOME is currently tradable on major exchanges and, despite some pullbacks, is up 4% in the past 24 hours. Investors need to be aware that the recent sharp rise also brings corresponding risks.
SLERF: SLERF is another project coming out of the Solana pre-sale craze that has attracted a lot of attention in the last week. Although more than 50,000 SOL were accumulated in the pre-sale, the value of SLERF has more than tripled and the transaction volume is also high. However, the team accidentally burned $10 million worth of assets, an incident that caused some volatility in the market. Currently, SLERF is down 8% in the past 24 hours, but is up 9% on a weekly basis. Compared with other currencies, SLERF's increase is more stable.
ETHFI: ETHFI is the governance token of liquidity re-hypothecation protocol Ether.Fi, which debuted earlier this week. ETHFI started at around $4.5 as part of a large airdrop, but the price quickly dropped as recipients immediately took profits. Although it fell by 5.62% in the past 24 hours, it has recovered by 27%. ETHFI is supported by reliable DeFi projects, with deposits of approximately $2.6 billion on Ether.fi as of now. Unlike meme coins, ETHFI has strong fundamental support.
At this time, someone asked if it can be bought now?
Ono's suggestion is to wait and see. The current market environment has not shown an obvious trend. Even if the market rebounds to around 67,000 and appears V-reverse, do you know the mystery behind this? Spot ETF funds were still experiencing net outflows last night.
On 3/20, ten BTC spot ETFs had a net outflow of $261.66M, which corresponds to a net outflow of approximately 3,983 BTC from the ETF custody address after the US stock market opens tonight (3/21):
Outflows: Grayscale (GBTC) and Invesco (BTCO) outflowed approximately 6,040 BTC (corresponding to an outflow of $396.83M on 3/20);
Inflows: The remaining eight ETFs saw an inflow of approximately 2,057 BTC (corresponding to a 3/20 inflow of $135.17M).
The ten BTC spot ETFs currently hold a total of BTC: 829,982 BTC ($54.52B).
If you are afraid of being short, build a short position and cover the position. Don't get fooled by fomo when your head gets hot.
Niu Shitunās spot, I hope the spot can be doubled, and those who canāt hold it, click on my avatar to search for the top of the homepage, follow it, and share my bull market strategy deployment with fans for free.
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#BOME #slerf #ETHFI