February 9, 2024 | Cryptocurrencies Analytics

🗓Market Review for Feb 9, 2024

S&P 500, Bitcoin, Ethereum, overall market growth, trending cryptocurrencies

Main assets performance over the last 24 hours:

• S&P 500 is at $5,000, up by 1.60%.
• Bitcoin is valued at $46,170, with a 3.83% increase.
• Ethereum is priced at $2,449, up by 1.32%.
• Another cryptocurrency is at $321, showing a 2.47% rise.

Market cap growth:

• The market is growing with a current cap of $1.777 trillion, marking a 2.61% increase.

Local trend:

• There is a local bullish trend depicted on the graph.

Cryptocurrency performance highlights:

• Dymension has the highest growth in the top 100, up 30.79% in 24 hours.
• Celestia is trending on DropsTab, up 2.19% in 24 hours.
• Jupiter has the biggest drop in the top 100, down 7.99% in 24 hours.
• Manta Network is trending on DropsTab, up 4.02% in 24 hours.

Fear & Greed Index:

• The index is at 72, indicating a sentiment of greed.

Insights from the market:

• A Montenegro court has canceled the approval of the extradition of Terraform Labs co-founder Do Kwon to South Korea or the U.S.
• Ethereum developers have scheduled the Dencun upgrade on the mainnet for March 13 at 13:55 UTC.
• The Binance Web3 Wallet now supports ERC-404 tokens.

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💧 Latest Solana Ecosystem Funding Rounds

Detailing amounts raised, funding stages, categories, Twitter engagement, and investor participation

👉 The latest funding rounds within the Solana ecosystem have reported several significant investments:

• Drift Protocol has completed a Series A funding round, raising $23.5 million. The project operates in the decentralized finance (DeFi) sector and has a notable Twitter engagement.
• Arcade2Earn secured $4.8 million in private sale funding. It’s categorized in the gaming sector and shows a moderate Twitter engagement.
• Saros has raised $3.7 million in a funding round. It is also a DeFi project with a Twitter presence.
• Reboot World has obtained $2.5 million in seed funding. This gaming project has a certain level of Twitter engagement.
• PublicAI has acquired $2 million in seed funding, with its activities focused on artificial intelligence and a moderate Twitter following.
• GG is in a funding round with the amount to be determined. It is part of the gaming category and has a significant Twitter following.
• Rome Protocol’s funding amount is to be determined in a pre-seed stage. The project is involved in infrastructure and has some Twitter engagement.
• DeMR is also in a strategic funding round with an amount to be determined. The project is categorized under DePIN and has a presence on Twitter.

These projects have attracted a variety of investors. Twitter performance scores for these projects vary, indicating the level of popularity on the social platform.