Gate Research: Altcoins Rebound, ApeChain Launches, Pump.fun Sets New Record for Daily Token Issuance

Gate Research Daily Report (October 21): BTC rose by 0.90% in the past 24 hours, currently priced at $68,833, while ETH increased by 3.26%, now valued at $2,732. On October 18, U.S. Bitcoin and Ethereum spot ETFs had a total net inflow of $274 million and $1.91 million, respectively. ApeChain launched, introducing several new features including the one-click token issuance platform Ape Express and an automatic yield mode, leading to a single-day APE price surge of approximately 78.5%. Post-pandemic, Bitcoin's investment returns have significantly outperformed traditional assets, with an annualized compound return of 150%. On October 18, Pump.fun reached a new record with daily token issuance exceeding 34,000 tokens.

Market Analysis: BTC rose by 0.90%, currently priced at $68,833, while ETH increased by 3.26%, reaching $2,732.
Top Performers: The top-performing tokens in the past 24 hours are APE, API3, and DYDX.
Data Highlights: Bitcoin's post-pandemic growth rate has significantly outperformed traditional assets, with an annual compound growth rate of 150%.
Spotlight Analysis: ApeChain has launched several new features, including the one-click token issuance platform Ape Express and an automated yield model, resulting in a daily increase of about 78.5% for APE.
Market Opportunities: Three projects have publicly announced funding, with the largest amount being $6 million, covering sectors such as oracles, payments, and infrastructure.

Explore today's details 👉🏻 Gate Research: Altcoins Rebound, ApeChain Launches, Pump.fun Sets New Record for Daily Token Issuance

Gate Research
Gate Research is a comprehensive blockchain and crypto research platform, providing readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Click the Link to learn more 👉🏻 https://www.gate.io/explore

Gateway to Crypto Trade over 2,600 cryptocurrencies safely, quickly, and easily on Gate

Download Gate App / Web Client now>>>
Follow us on Gate X (Twitter) to get more bonuses>>>
Join our Telegram to discuss hot topics>>>
Join our Global Community to get more updates>>>
We provide 100% proof of reserve>>>
Sign up to enjoy max. $6666 in rewards exclusively for new users
Get 40% commission from referrals

Gate Team
Oct 21st, 2024