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CRYPTO DUMP TODAY! Ethereum 19 Days! Altcoin Season Pause?
Content Introduction
This video discusses the state of the altcoin market after a recent crypto dump. It questions whether the altcoin season is on pause or if this is just a temporary dip before another massive pump. The video shares five altcoins, including Ono, Suie, Ethereum, Hbar,, and Pangu, considered promising and primed for growth. Also, the video covers key events affecting cryptocurrency, discussing Trump's visit to the Fed sparking speculation as well as possible price effect from Ethereum's scheduled validator exit.Key Information
- The video discusses the recent crypto market activity, including Bitcoin's performance and the larger altcoin sell-off.
- It identifies five altcoins (Ono, Suie, Ethereum, Hbar and Pangu) that the speaker believes are primed for growth.
- The video discusses the factors influencing these altcoins., including tokenization, stablecoin transfers, strategic partnerships, and new integrations.
- The video provides price levels to watch for and analyzes their potential for future growth.
- Language dubs have been added to the channel's videos in Spanish, Portuguese, Polish, Japanese, Hindi, Indonesian, Italian, French, and German.
Timeline Analysis
Content Keywords
Language Dubs for Crypto Videos
The channel has added language dubs to its crypto videos in Spanish, Portuguese, Polish, Japanese, and more, to cater to a global audience. Viewers are encouraged to check if their preferred language is available.
Bitcoin and Altcoin Market Analysis
Bitcoin is hovering under $119,000 after a sell-off, with altcoins experiencing larger drops. The video discusses whether this is a dip before a pump or a longer correction, suggesting it's more likely a dip before another leg up.
Ondo Finance Developments
Ondo Finance is highlighted due to Trady partners partnering with Goldman Sachs on tokenized money market fund solutions and the upcoming launch of global markets. Recent reports detail the tokenization of financial assets, with Ono's tokenized US treasuries exceeding $1.4 billion since 2023. B&B chain joined Ono global markets, there is an ETF in the works, and Binance US is ready to list.
SUI Network Growth and Walrus Integration
The SUI network ranks second to Ethereum in stablecoin transfer volume, surpassing competitors like Aptos and Polygon. SUI daily active addresses have increased by 505% last month. Walrus is also launching Quilt for batch storage solutions, supporting a variety of builders and data types, and powering over 800 terabytes of encoded data across 14 million blobs.
Ethereum Staking and ETF Dynamics
Ethereum validators are exiting with over $1.9 billion lined up to leave, potentially creating sell pressure. However, Ethereum ETFs have seen inflows for 13 consecutive days, totaling over $4 billion. It is noted that SEC chair Paul Atkins stated that ETH is not a security.
Hedera (HBAR) and RWA Tokenization
BlackRock, Fidelity, and State Street have minted tokens on Hedera, signaling real-world asset (RWA) tokenization. While HBAR sold off, there is potential for consolidation and a future breakout. The partnership with Republic and Mari aims to facilitate US node sales via a licensed broker, expanding infrastructure for AI-driven immersive content.
Pudgy Penguins Ecosystem Expansion
Pudgy Penguins is launching a competitive multiplayer mobile app game on Apple and Google Play Stores, with a giveaway of $5,000 worth of Pangu. Planned partnership and ETF approval could lead to price increases. A Canary Capital Pangu ETF, comprising 90% Pangu tokens and 10% Pudgy Penguin NFTs, is awaiting SEC approval, potentially occurring as soon as August 23, which would be very bullish for overall ecosystem.
Related questions&answers
After yesterday's crypto dump, is the altcoin season on pause, or is this just the dip before the next massive pump?
Which 5 altcoins are thought to be primed and ready to go?
Update on Ethereum?
What is happening with Not Telling Sang BNY (Ono) with Goldman Sachs on Tokenized Money Market Fund?
What language dubs have just been added?
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