A total of 31 public financing events occurred in the encryption market from February 19th to 25th, with a cumulative financing of approximately US$2

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Cointime2024/02/26 03:18

By:Cointime

According to incomplete statistics from RootData, from February 19 to February 25, 2024, the blockchain and crypto industry had a total of 31 publicly disclosed financing events, with a total financing of approximately $238 million. In terms of distribution, the projects that received financing were mainly distributed in the infrastructure and DeFi tracks, completing 10 and 11 financings respectively. The liquidity re-collateralization track continues to be hot, with EigenLayer receiving $100 million in financing from a16z; Binance Labs announced investment in Renzo. Other popular projects include the AltLayer execution layer system, the Beoble communication infrastructure, the Matr1x metaverse, the Superfluid Web3 streaming payment protocol, and so on.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14