📉 Crypto Market Dips While SocialFi and Institutional Moves Shine
The market just slipped by 4.25%, bringing the total cap to 3.94T $USD. But not everything is in the red. SocialFi is up 3.7% thanks to a strong 5% rally from $TON.
⚠️ Hyperliquid DEX had a brief front-end outage, sparking some user panic. Meanwhile, the founders of Samourai Wallet are set to plead guilty in a major $2B money laundering case. Even noncustodial tools are under legal scrutiny now.
🔵 Institutions are on the move. Over 1.26M $ETH was scooped up recently. MCVT raised $450M and put nearly all of it into $SUI. Their stock jumped 300 percent in three days.
đź“Š The market is shaking but institutions are doubling down on $ETH and $SUI. A new wave of on-chain treasury strategy is taking shape.
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