The cryptocurrency landscape is witnessing a revival with US Bitcoin ETFs attracting significant capital inflows, offering a welcome relief amid market turbulence. At the same time, SHIB appears to lag, witnessing a 4.5% drop over the last week.
Nevertheless, MOONHOP is on a meteoric rise! Its presale draws crowds, with investors joining and bringing their friends to enjoy MOONHOP’s appealing 10% referral incentive. So, strap in for an adventurous journey through the crypto realm.
US Bitcoin ETFs Enjoy a Torrent of Inflows
Between July 5 and July 17, US Bitcoin ETFs enjoyed a continuous inflow streak, accumulating close to $1.97 billion, the longest streak since 19 days in May. This surge, attributed by analysts to a scarcity of supplies post-Bitcoin halving and the anticipated Ethereum spot ETFs debut, has led to a total accumulation of $17.8 billion this year, dwarfing the previous year’s $10.6 billion record.
Adding to the market buzz are cryptocurrency proponents like J.D. Vance and former President Donald Trump, whose active endorsement and potential return to politics are viewed as bullish for the sector. The Bitcoin market is rebounding from its early July lows, fueled by this positive sentiment and market dynamics.
SHIB’s Optimistic Price Outlook Despite Turbulence
Shiba Inu (SHIB) has seen a nearly 20% surge in the past two weeks, despite a recent 4.5% fall to about $0.00001868. This downturn coincides with a drop in key Shibarium performance indicators, such as active accounts and transactions. Since its launch last August, Shibarium has been aimed at elevating SHIB’s ecosystem by enhancing speed, scalability, and cost-efficiency.
Although recent challenges persist, forthcoming updates are expected to offer a streamlined, wallet-friendly interface. The general downturn in the meme coin sector has also weighed on performance, yet SHIB’s price prospects remain positive. CryptoQuant indicators suggest a shift towards self-custody, which may reduce selling pressures.
MOONHOP’s 10% Referral Incentives for Early Participants
MOONHOP, celebrated for its dynamic community involvement, stands out with its enticing referral program, offering users a 10% token bonus when they bring friends into the fold. The presale journey is extensive, unfolding across 50 stages, where token values progressively rise with each phase. Early adopters reap significant benefits, beginning their investment at a modest $0.014 per token, appreciably up from its introductory price of $0.01.
The venture is supported by a considerable total token supply of 8 billion, with 4 billion explicitly designated for the presale. This strategic allocation aims to bolster community initiatives, enhance marketing efforts, and strengthen liquidity provisions. By distributing unique referral codes, MOONHOP enhances community bonds and amplifies engagement and enthusiasm at every presale stage.
This approach ensures a vibrant and energetic launch, setting the stage for sustained excitement and activity within the memecoin market.
As the stages progress, participants witness the escalating value of their investments, fostering a sense of community achievement and financial opportunity. This methodical increase in token value, combined with the community’s spirited participation, crafts an engaging narrative of growth and potential within the expansive world of cryptocurrencies.
The Final Leap
The recent nine-day streak of robust inflows into US Bitcoin ETFs has instilled a sense of optimism, though SHIB’s price trajectory struggles to keep pace with the accelerating market.
Conversely, the allure of MOONHOP, which reimagines the folklore of Tsuki no Usagi—the moon-dwelling rabbit—is undeniable. With impressive presale figures and a generous 10% referral bonus, MOONHOP promises early adopters a chance to soar to new heights and reap the rewards of their lunar ventures.
Join Moonhop Presale Now:
Website: Moonhop.io
Presale: https://moonhop.io/buy
Twitter: https://twitter.com/Moonhopcoin
Telegram: https://t.me/moonhopcoin
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of CryptoTotem, nor is it intended to be used as legal, tax, investment, or financial advice. The author or the publication does not hold any responsibility, directly, or indirectly, for any damage or loss caused or alleged to be caused by or connected with the use of or reliance on any content, goods or services mentioned in this article. Readers should conduct their own research before taking any actions related to this company.