March has been quite an eventful month in the ETF space especially with the Bitcoin ETFs becoming a part of the crypto world. *BTC* has since had a remarkable month as the crypto king hit a new all-time high while altcoins also pumped.
Ethereum Price Review
Ethereum (ETH) has had minimal growth this month, with the altcoin experiencing a slight pump over the period as per CoinMarketCap stats. The *ETH* price has recorded a 4.1% surge over the period, holding a spot price of $3,544 as of press time.
Ethereum’s slight surge can be attributed to delays in the Ethereum ETFs over the past few weeks that have caused reduced enthusiasm for the altcoin king. The United States Securities and Exchange Commission (SEC) recently extended the deadline to approve the digital asset management firm Grayscale’s Ethereum Futures Trust exchange-traded fund (ETF).
BREAKING:
SEC delays Grayscale futures Ethereum ETF. pic.twitter.com/FGuO4fKpS9
— Pushpendra Singh Digital (@PushpendraTech) March 23, 2024
Dogwifhat Price Review
Dogwifhat has been among the top gainers this month as the Solana meme coin recorded a two-fold surge over the last 40 days. The Dogwifhat price has recorded an impressive 246% surge over the period, holding a spot price of $4.43 as of press time.
Dogwifhat’s price surge over the month can be attributed to increased enthusiasm in the meme coin’s community allegedly attributed to the statement by X commentator Imagyn, which highlighted a section of a Bloomberg article that reports BlackRock’s head of digital assets had acknowledged that “crypto Twitter believes that a Dogwifhat ETF is maybe next.”
Fetch.ai Price Review
Fetch.ai (FET) has also been another top gainer this month, posting notable gains over the period. The Fetch.ai price had seen a remarkable 79% surge over the period, holding a spot price of $2.91 as of press time.
The surge over the period can be attributed to a development earlier this month that has since seen the community grow enthusiastic. On March 5, 2024, the foundation announced an infrastructure investment as they unveiled the “Fetch Compute,” after a $100 million investment to enhance the development of its economy.
Introducing: Fetch Compute
Following a $100M investment in our infrastructure, we have secured the future for our growing ecosystem with a decentralized computing platform, offering advanced AI-focused @nvidia #GPUs
But wait, there’s more for $FET stakers!
pic.twitter.com/i9FYkJnkLZ
— Fetch.ai (@Fetch_ai) March 5, 2024
Core DAO Price Review
Core DAO (CORE) has been another top gainer this month, posting notable gains over the 30 days. The Core DAO price had pumped by 275% over the 31 days, holding a spot price of $2.65 as of press time.
The introduction of coreBTC on Core Chain, which occurred not too long ago, is responsible for the pump in CORE over the month. Due to the new feature, users can now bridge their Bitcoins transparently to a Bitcoin-secured decentralized finance experience on Core Chain.
1/ coreBTC is live on Core Chain, which means users can trustlessly bridge their BTC to a Bitcoin-secured DeFi experience on Core Chain. pic.twitter.com/6KFWdbQzbR
— Core DAO
(@Coredao_Org) March 28, 2024
Toncoin Price Review
Toncoin has also been a notable gainer over the last month, as it posted notable gains. The Toncoin price had pumped by 92% over the 31 days, holding a spot price of $5.32 as of press time.
It’s possible that the revitalized link between Telegram and TON was a contributing factor in the spike. The Telegram Open Network was first launched in 2017. Still, the firm decided to abandon the project in 2020 when the Securities and Exchange Commission (SEC) of the United States raised concerns over the initial coin offering (ICO) that it had conducted. The project has continued independently, and Telegram is progressively using and integrating the chain, now accepting TON payments. The news triggered a pump on the Toncoin price.
Source: https://blockchainreporter.net/monthly-market-review-eth-wif-fet-core-ton/