Wintermute: There are a large number of untapped capital pools in the Bitcoin ecosystem, and related tokens may rise after halving

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Cointime2024/04/11 09:19

By:Cointime

Later this month, the highly anticipated Bitcoin halving event may trigger a large amount of betting on related networks and ecological tokens. Traders expect that both technical and Meme coin projects will rise. Wintermute's OTC trading department stated: "There are many undeveloped funds in the Bitcoin ecosystem, and these funds are still dormant. Surprisingly, traders can get very little exposure to online assets." It added: "If capital begins to enter the Bitcoin ecosystem, tokens such as RUNE, STX and ORDI may significantly benefit and perform well." Meanwhile, Bartosz Lipinski, founder of the crypto trading platform Cube.Exchange, stated in an email that Meme coins and the upcoming Runes protocol may trigger high-risk bets in the Bitcoin ecosystem. (CoinDesk)

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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