A Chinese research note named 4 alt themes. Only NEAR actually moved today.
Binance spot, last 24h: NEAR +11% on 239M USDT of volume, 967,000 trades, a 4.83 low up to 5.52. The other three names on that list barely twitched - ZEC +2.0%, HYPE +3.8%, UNI +1.1%.
Bitwise listed the first US spot NEAR ETF (ticker NRR) on NYSE Arca on Sept 29, 0.75% fee, and it stakes its holdings. NEAR has roughly tripled from 1.60 in a month.
The catch: TechFlow, which ran that note, says the narrative may already be priced in. Its two conditions for continuation are sustained ETF net inflows and NEAR Intents weekly volume holding 800M-1B. That is what decides whether $NEAR keeps this level. Asia's favourites meanwhile are asleep: $XRP +0.1%, $DOGE +1.8%.
Japan, Korea, Greater China - rotating in here, or waiting for the pullback?
#Write2Earn #Altcoins #加密货币 #仮想通貨 #알트코인
Not financial advice. DYOR.
Binance spot, last 24h: NEAR +11% on 239M USDT of volume, 967,000 trades, a 4.83 low up to 5.52. The other three names on that list barely twitched - ZEC +2.0%, HYPE +3.8%, UNI +1.1%.
Bitwise listed the first US spot NEAR ETF (ticker NRR) on NYSE Arca on Sept 29, 0.75% fee, and it stakes its holdings. NEAR has roughly tripled from 1.60 in a month.
The catch: TechFlow, which ran that note, says the narrative may already be priced in. Its two conditions for continuation are sustained ETF net inflows and NEAR Intents weekly volume holding 800M-1B. That is what decides whether $NEAR keeps this level. Asia's favourites meanwhile are asleep: $XRP +0.1%, $DOGE +1.8%.
Japan, Korea, Greater China - rotating in here, or waiting for the pullback?
#Write2Earn #Altcoins #加密货币 #仮想通貨 #알트코인
Not financial advice. DYOR.
