SuperRare ($RARE ) entered today into a strong uptrend, rising by about 65% within 24 hours and reaching nearly $0.0242 before pulling back slightly. Daily trading volume also surpassed $138 million, a huge jump compared to previous sessions.
๐ Whatโs happening? โข Strong price surge ๐ โข Massive jump in trading volume โข Renewed interest in the NFT sector โข Launch of #NFT new works on the SuperRare platform, including the BLOOD OF MY BLOOD collection released on September 25.
๐ But watch out: the RSI indicator reached around 85, an area that suggests heavy buying saturation, so the possibility of a correction remains.
๐ฅ $RARE is now in the spotlight... can the current trading wave push it to higher levels?
Shiba Inu ($SHIB ) coin returns to the spotlight after a sudden surge in token burning activity.
๐ฅ Over the past 24 hours, more than 2.23 million were burned, and a single wallet was responsible for about 90% of the total burn after sending two million SHIB to the burn address. The daily burn rate also increased by about 279%.
๐ At the same time, the price of SHIB rose by around 2.84% over 24 hours, trading near $0.00000583, with a market cap of roughly $3.43 billion.
๐ But the most important question: Can SHIB turn this increased activity into a bigger upward wave?
โ ๏ธ Burning alone doesnโt guarantee a price rise, and the market is still highly volatile.
๐๐ฅ SHIB is under watch... and the Meme Season may bring surprises!
๐จ Bitcoin Under the Microscope: Billions of Dollars$ are Flowing into Bitcoin Funds $BTC โฟ๐ฅ
Despite Bitcoinโs decline from the $87K area to around $84K, institutional investors are still pumping large amounts of money into spot Bitcoin funds.
๐ In 6 consecutive sessions, Bitcoin Spot ETF funds recorded net inflows of nearly $2.8 billion.
Whatโs most notable? BlackRockโs IBIT fund added about 1,970 BTC, worth roughly $166 million, during this period.
๐ฅ The market is now facing an important question: Will the current BTC pullback just be a breather before a new attempt to reclaim $87,000, or will high interest rates and elevated yields continue to pressure the price?