#shanghaiupgrade
shanghaiupgrade
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A $2.3B exodus from crypto assets yesterday should give you déjà vu - the same pattern preceded Pi Network's 15% price drop today.
The market is experiencing a mass exodus from risk assets as the cryptocurrency landscape remains treacherous, and now Pi Network is reaping what it sowed due to a major token unlock. With Pi Network's price plummeting to an all-time low, bearish sentiment continues to dominate the market.
Smart money is bailing out and buying up assets with stronger fundamentals, such as Ethereum #EthereumStrong. Keep an eye on the upcoming Ethereum Shanghai upgrade, set to go live on September 19th, which is expected to increase the total staking reward rate #ShanghaiUpgrade.
A correction in Ethereum could lead to a fresh wave of buying opportunities, so the question is: Will you be ready to ride the next Ethereum wave?
The market is experiencing a mass exodus from risk assets as the cryptocurrency landscape remains treacherous, and now Pi Network is reaping what it sowed due to a major token unlock. With Pi Network's price plummeting to an all-time low, bearish sentiment continues to dominate the market.
Smart money is bailing out and buying up assets with stronger fundamentals, such as Ethereum #EthereumStrong. Keep an eye on the upcoming Ethereum Shanghai upgrade, set to go live on September 19th, which is expected to increase the total staking reward rate #ShanghaiUpgrade.
A correction in Ethereum could lead to a fresh wave of buying opportunities, so the question is: Will you be ready to ride the next Ethereum wave?
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