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#你近期最看好的MEME币
DEGO: The combination of art and DeFi
Institutional Holdings: DEGO, as an NFT platform token that combines art and DeFi, currently does not have clear institutional holding data disclosed. However, its unique ecosystem has attracted a large number of retail investors and art enthusiasts, with a high level of community engagement.
On-chain data flow: Recent on-chain data shows that the number of active addresses for DEGO has increased, especially during its NFT auctions and staking activities, resulting in a significant increase in on-chain trading volume. This indicates that the community's engagement with its ecosystem is strengthening.
Trading Volume: DEGO's trading volume has increased by about 15% in the past week, mainly due to its newly launched NFT series and staking reward activities.
Meme coins always have 'seasonality', but some will continue to survive in the fluctuating market cycles.
In February this year, on-chain analysis platform Santiment pointed out that as people's interest in meme coins waned, attention returned to Bitcoin, Ethereum (ETH), and other first-layer altcoins. Cryptocurrencies may be entering a healthier market cycle. It is speculated that the market may be heading towards an 'extreme case of power law', with a 99.99% failure rate, and a few people rising to the top and enduring.
Whether it is short-term speculation or long-term holding, investors need to closely monitor market trends, make rational decisions, and build positions in batches!