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Orchid (OTX) stole the show over the past day with a massive uptick in prices and trading volumes. Coinglass data shows Orchid's daily volume mushroomed from $15.66 million to $547.74 million within 24 hours. That translated to a remarkable 3,397.96% jump. OXT prices soared to $0.
Orchid's trading volume has soared by 2500% over the past 24 hours while OXT has spiked to hit a 7-month high.
Bitcoin has once again surged above $60k causing the entire cryptocurrency market to turn bullish with tokens like Orchid (OXT), Osmosis (OSMO), Peercoin (PPC), and Pendle (PENDLE) causing a buzz due to their price performance.
Investing always involves risk, so it's crucial to do your homework, grasp the technology, and invest wisely. DePINs could potentially mark a revolutionary shift in infrastructure, but it's essential to approach investment with caution and responsibility.
Decentralized physical infrastructure networks, or DePINs, are blockchain protocols that build, maintain, and operate physical hardware infrastructure in an open and decentralized manner. So, is it just a buzzword, or is it here to stay? It's early to say what the prospects will be but analysts suggest that DePIN will make it big this year.
FTX's bankruptcy estate is planning to sell properties in the Bahamas, including the apartment where Sam Bankman-Fried used to live.
In the dynamic world of cryptocurrencies, Orchid (OXT) has been making waves with an astounding surge, breaking through resistance levels to touch a daily high of $0.062. This upward momentum has garnered attention from investors and enthusiasts alike, as they eagerly await the coin's potential sustainability in the bullish market.
With MAS hoping to build an innovative and responsible digital asset ecosystem, it continues to explore the retail CBDC, despite finding it currently unnecessary.
