The crypto assets market is experiencing a remarkable shift. According to the latest news, a NASDAQ-listed company, FG NEXUS, recently invested $207 million to purchase 50,770 Ether at an average price of about $3,860. This large-scale investment has sparked speculation in the market about a potential major rally.



Subsequently, the market reacted swiftly. The price of Bitcoin rebounded strongly, climbing to $112,000, while Ethereum also broke through the $4,100 mark. Despite facing pressure from ETF fund outflows, the spot market remained robust, with Bitcoin's monthly increase exceeding 3%. Analysts expect that Bitcoin may challenge the key resistance level of $115,000 in October, while bullish sentiment in the options market continues to heat up.

Meanwhile, another notable event in the crypto assets world is the movements related to Shiba Inu coin. Ethereum founder Vitalik Buterin recently sold 150 billion Shiba Inu coins on-chain, which is quite similar to the situation before the early SHIB coin took off. Even more noteworthy is that the original SHIB team has returned and is promoting it in conjunction with the concepts of Tesla CEO Elon Musk.

Currently, the Shiba Inu coin seems to possess three key factors: the conceptual traffic brought by Musk, the indirect support from Vitalik Buterin, and the operational experience of the original SHIB team. The combination of these elements makes many investors associate it with the successful case of SHIB, hoping that the Shiba Inu coin can replicate this miracle.

However, investors should keep in mind that the crypto assets market is highly volatile and uncertain. Although there are potential huge returns, there are also corresponding risks. It is essential to conduct thorough research and risk assessment before making any investment decisions.
ETH1.13%
BTC0.84%
SHIB-0.5%
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PebbleHandervip
· 6h ago
The market is about to To da moon.
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SigmaValidatorvip
· 9h ago
The bull run has finally arrived.
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DeFiDoctorvip
· 9h ago
Liquidity stress response +1, advised to review price movement in 72 hours.
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UncommonNPCvip
· 9h ago
Wealth is right in front of you.
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UnruggableChadvip
· 9h ago
We can have pancakes again this week.
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ColdWalletGuardianvip
· 9h ago
The hype around Shitcoin is too obvious.
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