June 4 Market Dynamics: BTC rebounds, gaming sector leads the surge
I. Market Dynamics
1. BTC price rebounds, with the gaming sector leading the surge.
2. U.S stocks fluctuate, exchanges crash. The dollar index plummets.
II. Market Focus
1. Gaming tokens such as ALICE, PYR, GHST, DAR, SLP, VOXEL and others have surged significantly. They are all old coins with a small market cap of only 100-200 million and their chip structure is much better than new coins.
2. Stablecoins ENA and SPELL have surged significantly too; ENA's USDE has reached a scale of 3 billion USD.
3. BASE chain MEME's BRETT and BENJI among others have also seen significant increases.
4.BTC rune DOG hits record high while POW’s KAS surges dramatically; previous airdrop of DOG runes equaled to $10k USD.
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.
You may also like
Ethereum Price Could Influence Potential Altcoin Recovery Amid Emerging Market Phase
Pepe (PEPE) To Bounce Back? Key Fractal Hints Potential Upside Move
Best Crypto Coins to Buy: Arctic Pablo Coin, Just A Chill Guy, Goatseus Maximus
Key Market Intelligence on June 19th, how much did you miss out on?
1. On-chain Funds: $7M Flows into Avalanche; $13.3M Flows out of Ethereum 2. Largest Price Swings: $RAY, $SPX 3. Top News: JD.com: Expects to Obtain License in Early Q4 This Year and Launch JD Stablecoin Issued on a Public Blockchain
Trending news
MoreCrypto prices
More
