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In today’s crypto market, a notable upswing has been observed with the global cap nudging upward by 1.5% to around $1.97 trillion in the last 24 hours. This modest but steady growth has been primarily led by industry stalwarts like Bitcoin and Ethereum (ETH), signaling a resilient sentiment among traders.
Despite instances of profit-booking, Bitcoin has commendably held its ground above the $51,000 mark, thwarting bearish efforts to push it below the significant $50,000 threshold. Ethereum (ETH), riding a similar wave of optimism, is currently trading near the $3,000 mark. This represents an over 2% positive momentum in the last day alone. Zooming out to a broader timeframe, ETH’s trajectory is even more impressive, with a 6% increase over the past week and a striking 34% surge in the last 30 days, soaring from $2,290 to its current standing. But despite riding high on ETH ETF speculation, network upgrades, and the launch of scaling solutions, Ethereum’s (ETH) 24-hour trading volume has dipped over 9%, standing at $19.3 billion.
This drop in volume amidst such significant gains leaves market watchers and investors wondering about what these underlying dynamics could mean for ETH, while there’s an intriguing development in the niche crypto segment with ScapesMania (MANIA). Although its presale stage has concluded, the crypto community is abuzz with anticipation for its upcoming Token Generation Event (TGE) and subsequent DEX listing,expected to widen MANIA’s reach to a broader spectrum of crypto investors.
The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token’s value might increase exponentially in the future.
The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away.
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Author: Crypto Daily