You can also read this news on BH NEWS: Cryptocurrency Market Targets $2.1 Trillion as Altcoins Gain Momentum
您还可以在 BH NEWS 上阅读此新闻:随着山寨币获得动力,加密货币市场目标为 2.1 万亿美元
The cryptocurrency market is closing in on a valuation of $2.1 trillion, generating excitement particularly within the altcoin sector. Investors are closely watching Bitcoin‘s performance, with hopes pinned on a weekly close at or above its current position, which is over $51,800. This level of stability is seen as a strong indicator for the potential growth of alternative cryptocurrencies.
加密货币市场估值接近 2.1 万亿美元,尤其在山寨币领域引起了人们的兴奋。投资者正在密切关注比特币的表现,希望比特币每周收盘价能达到或高于当前位置(超过 51,800 美元)。这种稳定性水平被视为替代加密货币潜在增长的有力指标。
Dogecoin’s Shrinking Reserves
狗狗币的储备减少
Dogecoin, a popular altcoin, has seen its miner reserves drop to their lowest since late 2013, now below 4.2 billion. This marks a significant decline of 5.28% within the last month, signaling a prolonged sell-off by miners. Though reserves once peaked above 12.8 billion in 2021, intense selling in mid-2022 and continued disposal have reduced reserves substantially. Despite a slight recovery from a dip to 4.11 billion on February 10, the sell pressure appears to be waning as miner reserves have considerably diminished.
狗狗币是一种流行的山寨币,其矿工储备已降至 2013 年底以来的最低水平,目前低于 42 亿。这标志着上个月大幅下跌 5.28%,预示着矿商的长期抛售。尽管储备金曾于2021年达到128亿以上的峰值,但2022年中期的激烈抛售和持续处置已大幅减少储备金。尽管从 2 月 10 日下跌至 41.1 亿美元略有回升,但随着矿商储备大幅减少,抛售压力似乎正在减弱。
The current pivotal price point for Dogecoin is $0.088. Unless it ends the week above this level, prospects for a rise to $0.106 remain subdued. Investors are now on the lookout for a breakthrough past this resistance level to signal possible future gains.
狗狗币当前的关键价格点是 0.088 美元。除非本周收盘价高于该水平,否则上涨至 0.106 美元的前景仍然黯淡。投资者现在正在寻找突破这一阻力位的机会,以预示未来可能上涨。
Challenges for Metaverse and NFT Tokens
Metaverse 和 NFT 代币面临的挑战
Metaverse and NFT-related tokens have been struggling in the slump of bear markets, and even with recent market recoveries, have not managed to perform exceptionally well. One contributing factor to their underperformance is the constant increase in the circulating supply. For instance, SAND Coin has upped its supply this month, while APE Coin’s supply has been rising steadily due to phased releases. These tokens initially saw substantial interest on their launch days, but the fading novelty and increasing supply have posed challenges to their valuation.
Metaverse 和 NFT 相关代币在熊市的低迷中一直举步维艰,即使近期市场有所复苏,也未能表现出异常出色的表现。其表现不佳的因素之一是流通供应量的不断增加。例如,SAND Coin本月增加了供应量,而APE Coin的供应量由于分阶段释放而一直在稳步增加。这些代币最初在推出之日就引起了人们的浓厚兴趣,但新颖性的减弱和供应量的增加对它们的估值构成了挑战。
Currently, APE Coin trades above $1.6, but faces resistance around $1.68. The prevailing sell pressure is evident, and with any correction from Bitcoin, APE Coin could see prices retract to lower levels.
目前,APE Coin 交易价格高于 1.6 美元,但在 1.68 美元附近面临阻力。当前的抛售压力是显而易见的,随着比特币的任何调整,APE 币的价格可能会回落至较低水平。
The post first appeared on BH NEWS: Cryptocurrency Market Targets $2.1 Trillion as Altcoins Gain Momentum
该帖子首次出现在 BH NEWS:随着山寨币获得动力,加密货币市场目标为 2.1 万亿美元