The Insider #127

Daily Headlines & Deep Dives

Ascend
March 26, 2024

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Magic Eden 30 day trading revenue surpasses $15M. NFT trading volume is picking up again, thus their timing with the launch of Ethereum marketplace seems to be perfect. 82% of the revenue comes from Ordinals which also proves how hot Ordinals market currently is. (source)
$HOWDY launch went wrong. Howdy Hats was an NFT airdrop to various communities and artists that entitled the owner to an airdrop for $HOWDY token. $HOWDY was airdropped before LP launch which enabled a savvy individual to take control of the LP. The LP was launch with very small liquidity which seemed like the token crashed hard. (source)

ME 30-Day Trading Revenue Crosses $15M

Bitcoin breaks $70K after forming an inverse head & shoulders formation. Seems like we have left the mini correction behind us. Though it should still be a volatile market while halving approaches. (source)
Solana DEX volume hits new ATH. Jupiter Exchange monthly trading volume surpasses $40B. Solana shitcoin meta keeps sending Solana volume upwards. Solana NFT volume is also picking up. I wouldn’t be surprised if Solana crosses $200 resistance soon. (source)

Bitcoin Breaks $70K

X will soon enable space scheduling on web browsers. This was a crucial feature for all space hosts. Hopefully X’s support to space hosts extends to improving reach for tweets that contain space links. (source)

X Will Enable Space Scheduling on PC Browsers Soon

Crypto & NFT prices by Ascend

We hope this daily Web3 recap helps you in your Crypto and NFT journey !

These insights are inspired by Carlitos' daily news.

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