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Author｜Azuma ( @azuma_eth ) Hot money’s pursuit of ETH has not diminished – following the short-term correction of the entire cryptocurrency market in the second half of last week, the market finally rebounded this week, and ETH once again became the leader of this small-scale rebound. OKX market data shows that as of 8:40 Beijing time on August 5, ETH was temporarily reported at 3708 USDT, which has rebounded by more than 10% from the low of 3355 USDT on Sunday morning. Its performance during the same period was significantly better than other mainstream currencies such as BTC and SOL. Rising logic: Institutional buying We previously analyzed the underlying logic behind ETH’s price rise in detail in the article ” Five Key Logics for ETH’s Price Increase Become Clearer, Possibly…# Analysis# Market# TokenPre
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- Recently, a Web 3 soccer fantasy game called Football.Fun went viral after launching on Base. A KOL claimed he turned $100,000 into $200,000 in just five hours, and another 11 hours to turn $200,00...