Bitcoin Leads the Surge, Breaking Through 46k, as Top 10 Cryptocurrencies Embrace the Bullish Spring Market
Bitcoin rose more than 3% today, breaking through $46,000. The top ten cryptocurrencies all showed upward trends, and the on-chain NFT project Pandora also attracted market funds, with prices reaching $30,000.
Table of Contents:
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All Top Ten Cryptocurrencies Rise
Hot Projects
Pandora: The First NFT Minted Using Uniswap
EigenLayer: Open Unlimited Staking
Pixels: Binance Launchpool Mining
Today, the cryptocurrency market experienced the Spring Festival trend, with BTC, BNB, and ADA all rising over 3%.
The top ten cryptocurrencies have all shown upward trends in the past seven days, with BTC leading the way with a 7% increase. The price broke through $46,000 this morning, reaching a new high in nearly a month and approaching the historical high of $48,600 in the past two years.
Market Analysis on 02/09/2024:
According to market analysts, if Bitcoin breaks through $43,839 in the near future, it may quickly rise to $48,000.
(10x Research: Bitcoin’s explosive rise will start within a few days and reach $52,000 by mid-March)
Recently, an experimental token standard ERC404 has emerged in the market, which binds NFTs with tokens to increase the composability of NFTs. For example, Uniswap’s liquidity pool can serve as a trading market for NFTs.
(How does the avatar project Pandora use ERC404 to bring NFTs into Uniswap’s trading pool?)
The first NFT project based on this standard, Pandora, has risen more than 60 times since its launch earlier this month. The current price of the token PANDORA is approximately $30,000.
Staking project EigenLayer announced the removal of the staking limit for all liquidity pools, allowing more than 200,000 staking tokens to be deposited in any LST pool.
(EigenLayer removes staking limits for all pools and reopens the staking window)
The staking window has now reopened, attracting a large amount of capital from the market. The Total Value Locked (TVL) has exceeded $5.5 billion, surpassing Uniswap to become the fifth-largest protocol.
Pixels, a social blockchain game in the Ronin ecosystem, will launch staking mining on Binance Launchpool. The staking period is from today until February 19th, and the in-game token BERRY has already increased by 200%.
(Binance Launchpool’s new project Pixels allows staking for ten days to earn PIXEL tokens)
BTC
EigenLayer
Pandora
Pixels
Related Reading:
Staking project EigenLayer reopens staking until February 9th, TVL surpasses $3 billion
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