🔺The market is in the green zone: while BTC is stagnant, most altcoins and ETH are growing by +2..7%. Some mid-tier coins (JUP, HYPE, and STRK) are up by +12%. Tokens like WLD and MEW have surged by +26%.
🔺The slight revival of altcoins is linked to a decrease in BTC.D by -1%, down to levels of 63.6%. However, despite the sentiment shift into the extreme greed zone (mark of 78), funding rates on futures are still cold: traders do not believe in growth and prefer to 'sit on the fence'. Yesterday, once again (to a greater extent), short sellers were shaved for -$188 million.
🔺Yesterday, the dex platform Cetus Protocol was hacked, where the hacker managed to steal $223 million. In response, the CETUS token lost -33%, and SUI -5%. Later, the SUI team stated (that with the efforts of validators) they managed to freeze $160 million. However, the reputational blow is evident: the security and decentralization of SUI is lacking.
🔺The Telegram company reported record profits for 2024: +$540 million. The majority of revenue was generated from the Web3 ecosystem: crypto payments, mini-apps, and TON. The TON token is becoming the core of Telegram: there is a high probability of new impulses for the asset + pulling in subsidiary projects: NOT and DOGs.
🔺Yesterday, President Trump's gala dinner was held with the TOP-220 holders of the TRUMP token. Justin Sun became the main holder of coins worth $19 million, and in total, 220 guests invested $394 million in the token.👇
