Memecoins take off, funding stays low, China stocks keep on rising!
October 8, 2024
Memecoins take off, funding stays low, China stocks keep on rising!
FOMO HOUR EP213. Memecoins take off, funding stays low, China stocks keep on rising!
Many altcoins & memecoins soar despite stable BTC. Funding rates continue to be low or negative. Crypto funds saw $147m of outflows last week. BTC remains best performing major assets this year. SUI breaks into the top 20 coins again. TAO leads top 100 away from memes, sifu shorts. $100m bridge to SOL over the last 7 days. Metaplanet buys $6.7m more BTC. ETH proposal aims to improve throughput 50%. EIGEN, OP, APT lead token unlocks this week.