CryptoQuant founder: Demand could rebound if BTC price approaches key support level
Jinse Finance reported that CryptoQuant founder Ki Young Ju posted on the X platform that the net flow of BTC spot ETFs is slowing down. If BTC price approaches key support levels, demand may rebound. The on-chain cost base for new whales (mainly ETF buyers) is $56,000. In bull markets, pullbacks typically require a maximum retracement of around 30%, with a maximum loss of $51,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Law firm demands Pump.fun remove over 200 meme coins utilizing its IP
Share link:In this post: Burwick Law and Wolf Popper issued a cease and desist letter to Pump.fun, demanding the removal of over 200 meme coins allegedly infringing on their intellectual property. The firms claim that Pump.fun allowed the creation of meme tokens spoofing their brands as retaliation for a class-action lawsuit filed against the platform on Jan. 30. Despite mounting legal challenges, Pump.fun continues to see record-breaking trade volumes largely driven by Trump-related meme coins.
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