Bitcoin Halving Momentum Being Outperformed by Top Memecoins

Quick Summary:

The Bitcoin halving has ushered in renewed institutional confidence in the market as top crypto assets and memecoins post gains.

The run-up to the halving event saw assets record outflows due to declining market sentiment sparked by macroeconomic factors and miner flows.

As top assets notch gains, it often leads to a frenzy in the meme ecosystem.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: India

Topics: Memecoins Bitcoin Halving 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-22 @ 23:24:20 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20756431

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 57 posts per day

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News Last Updated: 55 minutes ago

Coverage Areas: India

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