Strong fundamentals push Dent, Arweave (AR) and Enzyme (MLN) price higher

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In line with a report by Coinshares, as of March 20, the weekly inflows into institutional crypto merchandise has declined by about 59% when in comparison with the earlier week. This implies that institutional traders are taking a cautious strategy after the latest bull run.

Nevertheless, that doesn’t imply the institutional traders are dumping their holdings simply but. The report highlights that the full crypto funding merchandise property underneath administration hit a brand new excessive at $57 billion. 

Crypto market knowledge day by day view. Supply: Coin360

Whereas the crypto bull market remains to be intact, a report by Glassnode suggests it might be coming into into its later levels. The on-chain analytics supplier believes that Bitcoin’s (BTC) “wealth switch” from long-term traders to new entrants is in course of. 

Glassnode will not be the one one to sound a warning on the maturing bull market. Chinese language mining pool BTC .TOP CEO Jiang Zhuoer is projecting the bull market to finish by September of this yr.

Nevertheless, until then, a number of tokens may present enticing returns to traders. Let’s examine the basics and the charts of three such tokens.