Spot Ethereum ETF Trading Volume Drops Below $900 Million on Third Day While Experts Predict MoonTaurus (MNTR) Will Skyrocket 1600%
The post Spot Ethereum ETF Trading Volume Drops Below $900 Million on Third Day While Experts Predict MoonTaurus (MNTR) Will Skyrocket 1600% appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . On the third day of trading, spot Ethereum ETFs saw a significant decline in volume, dropping below $900 million. Thursday’s trading volume was approximately $850 million, down from $1.05 billion on Tuesday and over $950 million on Wednesday, reflecting cooling demand and increased market volatility. In contrast, MoonTaurus (MNTR), a rising memecoin in its presale phase, is capturing significant attention. Initially priced at $0.005, MoonTaurus has already drawn substantial investor interest. Experts predict MoonTaurus will skyrocket by 1600%, presenting a remarkable opportunity for substantial returns in the cryptocurrency market. Spot Ethereum ETF Volume Drops Below $900 Million on Third Day Spot Ethereum ETFs experienced a notable decline in volume on their third day of trading, falling below $900 million. According to Yahoo Finance data compiled by The Block Pro Research, Thursday’s trading volume was approximately $850 million, a decrease from $1.05 billion on Tuesday and over $950 million on Wednesday. This reduction in trading activity indicates a cooling demand following the initial strong start. Accompanying the decline in volume were significant net outflows, with the Grayscale Ethereum Trust (ETHE) recording $326.86 million in outflows. Additionally, Ether’s price fell by more than 7% overnight amid heightened market volatility. The reduction in demand and subsequent price drop reflect a shift in investor sentiment and market dynamics for Ethereum ETFs. MoonTaurus (MNTR) MoonTaurus (MNTR) is currently in its presale phase, with the initial price set at $0.005. The token is generating significant excitement, as it is projected to surge by 1300% before its official launch, where it will be priced at $0.07. In just the…
Filed under: News - @ July 31, 2024 1:18 am