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- This week saw a resurgence in meme coins like Dogecoin and Shiba Inu, while Bitcoin remained steady.
- Avalanche (AVAX) experienced a significant surge, becoming this week’s standout performer.
- Solana’s momentum slowed down, despite a strong start to the week.
本周,狗狗币和柴犬等模因币再次复苏,而比特币则保持稳定。
Avalanche (AVAX) 经历了大幅上涨,成为本周表现最出色的股票。
尽管本周开局强劲,但 Solana 的势头有所放缓。
Explore the latest developments in the cryptocurrency market, featuring the comeback of meme coins, Bitcoin’s steady performance, and Avalanche’s remarkable surge.
探索加密货币市场的最新动态,包括 meme 币的卷土重来、比特币的稳定表现以及 Avalanche 的显着飙升。
Bitcoin’s Steady Trade Amidst ETF Application Delays
ETF申请延迟期间比特币交易稳定
Bitcoin (BTC) has maintained a relatively stable trading pattern this week, hovering around $36,635, which is a 2% rise over 24 hours. Although it began the week robustly, flirting with its 18-month high of $37,000, Bitcoin struggled to sustain that level. This plateau follows the U.S. Securities and Exchange Commission’s decision to delay spot Bitcoin ETF applications from Franklin Templeton, Hash Dex, and Global X. This move, while expected, might have cast a slightly bearish shadow over investor sentiment.
比特币(BTC)本周维持相对稳定的交易格局,徘徊在36,635美元附近,24小时内上涨2%。尽管比特币本周开局强劲,一度触及 18 个月高点 37,000 美元,但比特币仍难以维持这一水平。在此之前,美国证券交易委员会决定推迟 Franklin Templeton、Hash Dex 和 Global X 的现货比特币 ETF 申请。这一举措虽然符合预期,但可能给投资者情绪蒙上了轻微的看跌阴影。
The Unexpected Revival of Meme Coins
Meme 币的意外复兴
Meme coins unexpectedly made a comeback this week. Dogecoin (DOGE), often buoyed by Elon Musk’s endorsements, saw a slight gain, trading at $0.08. Its counterpart, Shiba Inu (SHIB), also witnessed a boost, partly due to boxing legend Manny Pacquiao’s announcement of using the Shibarium blockchain network for his charitable foundation’s fundraising. SHIB traded at $0.00000861, marking a 2.5% increase over seven days.
Meme 币本周出人意料地卷土重来。狗狗币 (DOGE) 经常受到埃隆·马斯克 (Elon Musk) 的支持,小幅上涨,交易价格为 0.08 美元。其对应的 Shiba Inu (SHIB) 也出现了增长,部分原因是拳击传奇人物曼尼·帕奎奥 (Manny Pacquiao) 宣布使用 Shibarium 区块链网络为其慈善基金会筹款。 SHIB 的交易价格为 0.00000861 美元,7 天内上涨 2.5%。
Solana’s Rally Cools Down as Avalanche Blows Up
随着雪崩的爆发,索拉纳的涨势逐渐降温
Solana (SOL), previously on a steady incline, experienced a slowdown in its rally. After hitting a yearly high on Monday, the Ethereum competitor’s price settled at $58.31, still up 5.6% over 24 hours. In contrast, Avalanche (AVAX) emerged as this week’s winner, surging by more than 46%. This spike came after J.P. Morgan’s announcement of using the Avalanche blockchain for tokenizing portfolios. Currently, AVAX stands at $22.12, solidifying its position as the 12th biggest digital asset by market cap.
此前一直稳定上涨的 Solana (SOL) 涨势有所放缓。在周一触及年度高点后,以太坊竞争对手的价格最终收于 58.31 美元,24 小时内仍上涨 5.6%。相比之下,Avalanche (AVAX) 成为本周的赢家,股价飙升超过 46%。这一飙升是在摩根大通宣布使用 Avalanche 区块链对投资组合进行代币化之后出现的。目前,AVAX 的价格为 22.12 美元,巩固了其作为市值第 12 大数字资产的地位。
Conclusion
结论
In summary, this week in the cryptocurrency market was marked by a mix of stabilization and exciting developments. While Bitcoin held steady amidst regulatory delays, meme coins like Dogecoin and Shiba Inu experienced a surprising revival. Meanwhile, Solana’s rally decelerated, and Avalanche recorded a significant surge, highlighting the dynamic and ever-evolving nature of the crypto landscape. These developments offer crucial insights for investors and enthusiasts, signaling both the market’s volatility and its potential for unexpected shifts.
总之,本周加密货币市场既稳定又令人兴奋。虽然比特币在监管延迟的情况下保持稳定,但像狗狗币和柴犬这样的模因币却出现了令人惊讶的复苏。与此同时,Solana 的涨势减速,而 Avalanche 则大幅上涨,凸显了加密货币领域的动态和不断发展的本质。这些发展为投资者和爱好者提供了重要的见解,表明市场的波动性及其发生意外变化的潜力。
The post Weekly Crypto Roundup: Meme Coins Revive, Bitcoin Stabilizes, and Avalanche Surges appeared first on COINOTAG NEWS.
每周加密综述:Meme 币复苏、比特币稳定和雪崩激增首先出现在 COINOTAG NEWS 上。
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