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Gate Research Institute: In 2024, encryption venture capital will rise by 28% YoY, and DEX volume will reach a new historical high.
Gate Research Institute Daily: On December 31, BTC fell by 1.35%, and the double bottom support level is yet to be tested; ETH dropped by 2.36%, with the market showing cautious performance and no signs of breakthrough yet. The total encryption venture capital reached $13.7 billion in 2024, a 28% rise compared to the previous year, demonstrating long-term confidence from the capital towards the industry. DEX volume has reached a historical high, showing strong vitality in the Decentralization ecosystem, with a significant increase in user activity. The Hyper Mainnet stake feature has officially launched, providing users with more participation and earning opportunities, and driving ecological innovation and development.
Market commentary: The price of BTC has fallen by 1.35% and has not been able to break the downward trend. Although it has formed a double bottom pattern, the support level is still facing a test. Popular Tokens: The hot altcoins in the past 24 hours are ELIAZASOL, BULLY, AI16Z, with a rise of 58.6%, 42.58%, 37.78% respectively. Highlights: In 2024, encryption risk investment is expected to reach approximately $13.7 billion, a 28% rise compared to the previous year. Hotspot Review: The estimated value storage scale of Bitcoin is 1.03 trillion US dollars, which has risen by about 85% this year. Market Opportunity: The Humanity Protocol can provide developers with a unique mechanism for human identity verification and give users full ownership of data and identity. The $RWT token gives actual weight to every action in the network.
Explore today's details 👉🏻 gate Research: 28% YoY Rise in Crypto VC Investment in 2024, DEX Volume Hits Record High
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Gate.io 31st December 2024