Coinedition
The meme coin market cracked a multi-year record in weekly trading volume amid explosive rallies. Shiba Inu led the meme coin market with a weekly trading volume of $31 billion. Shiba Inu’s trading volume last week surpassed the DOGE figures and Solana.
Bitcoin climbed above $73,000 following surging inflows into newly launched ETFs. ETF daily inflows reached a record $1.05 billion on March 13, surging 108% from the previous day. Bernstein’s analysts are confident Bitcoin will reach the $150,000 price target by 2025.
Bitget Gamefi Zone noticed the trading volume of the GameFi sector recording a 126% spike in the last 24 hours. Bitget also mentioned that GALA, YGG, and PIXEL were leading the GameFi sector weekly spike. Bitget’s Lee mentioned that anticipation for the Game Developers Conference 2024, could be fueling the current surge in the GameFi sector.