Smart Money, PEPE Coin, SHIB and It Turns 8!

According to Nansen smart money token inflow data in the last 24 hours, investors’ interest in meme coins is increasing. Pepe Coin (PEPE) attracts attention by ranking 7th on the list of platforms that received the most token entries in the last 24 hours. This shows that investors’ interest in PEPE has increased and they see high potential in this asset. Here are the other cryptocurrencies on Nansen’s list of coins that received entry…

Watch out for PEPE coin and that 9th: Most funds flow to them

Nansen’s smart money specific token inflow data over the last 24 hours is an important indicator to track which platforms and assets investors are interested in. This information can be used to understand market trends and investor sentiment. Token inflow refers to the amount of tokens entering a particular platform or asset in a specific time period (usually 24 hours). This is an indication that investors are interested in the platform or asset and are inclined to buy.

According to Nansen’s “token inflow” chart, the top 10 altcoins that received the most token inflows in the last 24 hours are:

  • wstETH ($10,998,292)
  • aEthUSDT ($9,422,545)
  • SHIB ($7,259,866)
  • ETH ($4,188,126)
  • WBTC ($3,417,482)
  • MATIC ($2,798,092)
  • PEPE ($1,435,388)
  • UNI ($1,414,384)
  • aEthWBTC ($1,205,310)

What are the highlights?

WstETH is the platform that received the most token inflows in the last 24 hours. This could be an indication of investors’ interest in Ethereum and their desire to earn passive income through staking. aEthUSDT is a coin indexed to ETH. It is possible that investors may be interested in this asset to protect themselves from price fluctuations while seeking exposure to ETH. SHIB is a meme coin that has become popular recently. Investors’ interest in this asset may be due to the hope of obtaining high returns.

Weekend is Critical for Those 14 Altcoins: Here's the List of What's Happening!

ETH is the second largest cryptocurrency. Investors’ interest in ETH may be driven by belief in its long-term value potential. WBTC is an ERC-20 token indexed to Bitcoin. It is possible that investors may be interested in this asset because it offers the opportunity to use DeFi platforms on the Ethereum network when looking to gain exposure to Bitcoin.

As a result, token inflow data over the last 24 hours shows that investors are showing interest in assets such as ETH, stablecoins and staking. This could be an indication that investors are becoming risk averse and focusing on long-term investments. This news is for informational purposes only and is not investment advice. cryptokoin.com As we always explain, it is important to do your own research and understand the risks before investing.

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