It seems our dear SUI is in the midst of quite the whirlwind romance with the market—averaging a jaw-dropping $18.89 billion in monthly trading volume! Why, it’s outshining some of those flashy altcoins, and I hear the liquidity is positively sizzling. And what’s this? It’s frolicking just beneath the $3.67 resistance level—how very cozy! 💃
Now, hold onto your hats, dear readers! A staggering 45 million XRP were swept into the net of buying frenzy—45 million! That’s enough XRP to build a small country… or at least a decent-sized potato farm. And who orchestrated this madness? Why, none other than Upbit, the leading digital exchange in South Korea, which accounted for a whopping 70% of the splurging. That’s right, folks, that’s like going to a buffet and eating 70% of the lasagna! 🍝
Now, you might think, “What’s the big deal?” Well, the big deal is that this $500 million sale was sold out in a mere 12 minutes. Yes, you read that right—12 minutes! The ICO launched on July 12 at 14:00 UTC, and it was like Black Friday, but for crypto enthusiasts. 🛍️
Less than two weeks into Q3, and Ethereum [ETH] is already outperforming Bitcoin [BTC], a spectacle as delightful as a circus act. In fact, it has clocked an 18.63% ROI from its $2,468 open, more than double BTC’s return over the same stretch. 🤹♂️
💸💸 Dalio predicts that while the dollar may underperform other currencies, those currencies won’t be doing much better when compared to hard assets like gold. He says, “I think the picture would be some version very similar to the 70s… And the 70s was a period in which there was stagflation. The thing we have to worry about is a stagflationary environment, because all the currencies went down.”
“While both XLM and XRP have strong fundamentals and growth potential, XRP is poised to perform better in 2025 due to its larger market cap, institutional adoption, regulatory tailwinds, and stronger price momentum.”
This delightful revelation came via a Form 13F filing, a curious document that investment managers submit to the Securities and Exchange Commission, perhaps akin to a confession of fiscal sins, revealing their coveted US equity holdings for all to scrutinize.
Dogecoin [DOGE] has decided to join the bullish party these last couple of weeks. 🎉 Since July 7th, it’s been strutting around with a 19.7% gain, while Bitcoin [BTC] is just over here like, “Look at me, I’m up 8.75%!” 🙄
On July 11, the good folks over at Alphractal, a cryptocurrency analytics firm, took to social media to break down the latest Bitcoin price action. They’re like the weather forecasters of the crypto world, except instead of predicting rain, they’re predicting digital gold. 🌞
The “Shibarium/BONE Updates” X account (@Shibizens) has published a link to the Heipit.app that runs on Shibarium with an image of a young man who looks like a prince/another young nobleman from Japan as if taken from old-school video games.
