⚡️ Il volume degli scambi 24 ore su 24 di Ethereum è aumenta

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⚡️ Il volume degli scambi 24 ore su 24 di Ethereum è aumentato del 240%, raggiungendo i 37,5 miliardi di dollari. $BTC $ETH

⚡️ Il volume degli scambi 24 ore su 24 di Ethereum è aumentato del 240%, raggiungendo i 37,5 miliardi di dollari.
$BTC $ETH 

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Bitcoin and Ethereum Remain Slightly Bullish While Dogecoin and Cardano Show Strong Bullish Potential – According to a recent post from leading crypto analysis firm Santiment, the 30-day MVRV ratios of prominent cryptocurrencies indicate a period of undervaluation. The informative tweet highlights these rates, suggesting possible uptrends in the near future. MVRV is an important metric that helps measure market sentiment and profitability by comparing an asset's market value to its realized value. The Importance of MVRV Rates in Crypto Analysis The 30-day MVRV ratio is very important for investors as it clearly shows whether a cryptocurrency is overvalued or undervalued. By analyzing this ratio, investors can make more informed decisions and benefit from market corrections. The MVRV ratio is calculated by dividing the current market value by the realized value. Realized value is the total value of all coins based on their last exchange price. This metric sheds light on market trends and investor sentiment and provides a valuable tool for market analysis. Major Cryptocurrencies Featured by Santiment Santiment's tweet detailed 30-day MVRV rates for six major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). Here's a summary of what these rates mean:Bitcoin (BTC): -4.0% MVRV rate indicates a slight undervaluation. Ethereum (ETH): -4.3% MVRV suggests a slight undervaluation similar to Bitcoin. XRP: -3.5% MVRV rate gives a small hint of undervaluation. Dogecoin (DOGE): With a significant MVRV of 16.7%, it shows major undervaluation and signals a very bullish trend. Toncoin (TON): -0.6% nearly neutral MVRV rate suggests stability with little expected short-term change. Cardano (ADA): -12.6% MVRV rate indicates massive undervaluation and signals a strong uptrend.

Binance Invests in Rango, Interchain DEX Aggregator Supporting Bitcoin and 60+ Digital Assets Binance, the world's largest cryptocurrency exchange in terms of transaction volume, announced its latest investment through its venture capital arm. The aim is to promote cross-chain interoperability in decentralized finance . Rango, which received this investment, is a cross-chain decentralized exchange and bridge aggregator that aims to revolutionize the DeFi space by connecting multiple blockchains. Rango: Bridging Multiple Blockchains Rango stands out in the market by bringing together different DEX resources and providing access to the best trading rates between different blockchain networks. It currently supports more than 60 digital assets and works integrated with 70 DEX protocols and 20 bridges. This extensive network allows it to handle high transaction volumes, reporting over $3 billion in total volume and more than 2.5 million cryptocurrency exchanges as of June 19. According to Binance, this investment represents an important step in developing the DeFi infrastructure. Rango's services, which can be accessed through popular crypto wallets such as Exodus, Compound, TrustWallet and Binance's own wallet, are expected to attract significant new users to the #DeFi ecosystem. Binance co-founder and Binance Labs president Yi He emphasized that Rango's services align perfectly with Binance Labs' vision of cross-chain development and innovation, and expressed optimism about Rango's potential to shape the future of #DeFi . Ultimately, Binance's investment in Rango highlights the growing importance of cross-chain interoperability in the DeFi industry. By bringing together multiple blockchain resources and delivering seamless trading experiences, Rango will play a critical role in the next wave of DeFi adoption. This strategic move by Binance signals not only Rango's potential, but also a broader trend towards improved scalability and inclusivity in the cryptocurrency market. $BTC

🧙‍♂️ #Memecoin dominance, which was close to 0.075 in March, has recently dropped below 0.045.

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