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Ordinals trading surges 1,200% on Magic Eden as Bitcoin Pepe’s presale hits $5.5m

Key takeaways
Ordinals trading on Magic Eden spiked by 1,200%, with the trading volume hitting $50m.
The Bitcoin Pepe presale has now reached $5.5 million as stage seven ends shortly.
Magic Eden records spike in Ordinals trading volume
Magic Eden, one of the leading NFT marketplaces,
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Strategy targets 500K BTC by issuing 5 million preferred shares

United States-based Strategy, formerly MicroStrategy, plans to offer 5 million of its Series A Perpetual Strife Preferred Stock to fund its next series of Bitcoin purchases that could push its total holdings to 500,000 BTC.
In a March 18 filing with the US Securities and Exchange Commission, the
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3 cryptos that might surpass Dogecoin (DOGE) in early 2025, featuring Mutuum Finance (MUTM)

in early 2025, featuring Mutuum Finance (MUTM) appeared first on Invezz
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Shiba Inu (SHIB) shows recovery signs, while Mutuum Finance (MUTM) attracts whale interest

has been struggling in recent weeks, but recent market activity suggests a potential shift.
Meanwhile, Mutuum Finance (MUTM) has been steadily gaining traction among investors, particularly attracting attention from large-scale holders.
With SHIB showing early signs of a rebound and MUTM
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Liquidity Crush

Executive Summary
Liquidity continues to contract across on-chain and spot markets, with net capital inflows grinding to a halt, and exchange inflows slowing down.
Open Interest across futures contracts has pulled back, suggesting a reduction in hedging and speculative activity. Alongside
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