Bitget Research: BTC ETFs See Over $700 Million Net Inflows Over 8 Consecutive Trading Days, Improved Liquidity Suggests Monitoring Altcoin Market
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
Overview
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Sectors with strong wealth creation effect: AI and DePin sectors, and Solana ecosystem.
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Top searched tokens and topics: Orderly Network, Bitget, DOGS, and NULS.
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Potential airdrop opportunities: Soneium, Orderly token claims and staking.
1. Market Environment
2. Wealth Creation Sectors
2.1 Sector Movements – AI and DePin Sectors (HNT and AKT)
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Nvidia is set to release its earnings report this week, leading the market to actively invest in the AI and DePin sectors.
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Recently, crypto-related terms such as AI and FET, have trended on Google searches. The AI sector is a key focus for European and English-speaking users, with significant market attention.
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Nvidia’s future performance: Nvidia will release its earnings report this week. It is advisable to closely monitor the report's data. If earnings surpass expectations, the AI sector will likely continue to have upward potential.
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Changes in open interest: The open interest for AKT futures trades increased by 22% in the past 24 hours, indicating that the price of AKT has risen due to the influx of speculative capital. It is recommended to keep a close watch on the changes in open interest for related assets in the secondary market. If open interest continues to increase, it suggests ongoing inflows of speculative capital, and holding these assets might be advisable.
2.2 Sectors to Focus on Next – Solana Ecosystem (JUP, WIF, and POPCAT)
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The price of SOL has remained stable, holding above the $150 threshold. In the past 24 hours, SOL’s exchange rate relative to BTC and ETH has increased. The setback in the TON ecosystem have been relatively positive for the SOL ecosystem.
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JUP: A leading DEX platform within the Solana ecosystem, well-positioned with a large user base.
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WIF: A memecoin within the Solana ecosystem, previously listed on Robinhood. Typically, when SOL rises, leading Solana memecoins tend to rise even faster.
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POPCAT: A core memecoin on Solana, which has seen a recent increase in trading volume. The high demand for transactions suggests that this token has potential for strategic positioning.
3. Top Searches
3.1 Popular DApps
3.2 X (former Twitter)
3.3 Google Search (Global and Regional)
4. Potential Airdrop Opportunities
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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