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Zentry price
in TRY₺0.38708
+₺0.016801 (+4.53%)
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Market cap
₺2.74B #218
Circulating supply
7.11B / 10B
All-time high
₺1.8421
24h volume
₺612.83M
3.9 / 5
About Zentry
Last audit: Sep 26, 2022, (UTC+8)
Zentry’s price performance
Past year
-52.08%
₺0.80768
3 months
-9.08%
₺0.42570
30 days
+23.24%
₺0.31408
7 days
+12.00%
₺0.34558
Zentry on socials
alvin617.eth 🦇🔊
The passage of the Genius Act, BlackRock's application for an ETH staking ETF (ETHA), and Trump's signing of an executive order to include Crypto in 401K plans have all brought about a wave of positive news, yet we are seeing a short-term pullback.
Yesterday was arguably the highest market sentiment for $ETH in recent months 😂
It also brought a slight pullback, dropping to around 3475, which is actually less than a 5% decline.
The spot market isn't too concerning (although everyone tends to fear this statement).
But I think if there is a pullback later, most of those getting liquidated will be the crypto stock players, which is something to pay special attention to ⚠️.
This week, the inflow of ETH into ETFs was 672,000 ETH (2.2 billion USD).
The newly added ETH on the Ethereum network was 11,572 ETH (41 million USD).
Additionally, there are currently two institutions that have successfully switched positions.
The first is Bitmine, led by Tom Lee, which currently holds 300.7K $ETH, valued at 1.1 billion USD, with a 30-day increase of 84%.
The second is Sharplink Gaming, chaired by Joseph Lubin @ethereumJoseph, which currently holds 280.6K $ETH, valued at 1 billion USD, with a 30-day increase of 59%.
Currently, the Ethereum Foundation ranks third, with holdings of around 880 million USD.
The seventh place, with the highest increase, is Bit Digital, which currently holds 100.6K $ETH, valued at 36.7 million USD, with a 30-day increase of 264%.
In eleventh place, also a common ETH reserve company, BTCS Inc. holds 31.9K $ETH, valued at 13.6 million USD, with a 30-day increase of 135%.
Several institutions that are increasing their holdings at a faster pace include DeFi protocols that are worth paying attention to.
蓝狐
In the past seven days, net inflows into ETH ETFs exceeded $2 billion. This kind of rush has never been seen before.
Wall Street institutions/new agencies are scrambling for ETH for two reasons:
First, BTC is not cheap right now, and becoming another MicroStrategy is not very cost-effective. Of course, this is a secondary reason.
Second, and more importantly, institutions see Ethereum as a new paradigm that is different from Bitcoin. BTC is digital gold, and its leading position is unshakeable. Creating another digital gold is not very meaningful. Ethereum represents a new paradigm; it can support new finance, including stablecoins, asset tokenization, future new payments, and the expansion of dollar hegemony, which leads to on-chain transactions, including lending, trading, derivatives, and more.
Not only are assets like the dollar, U.S. Treasuries, and U.S. stocks being tokenized on-chain, but in the future, once the ecosystem matures, physical gold, collectibles, real estate, and more can also be tokenized, and even BTC is being tokenized on Ethereum (over $20 billion has already been tokenized). Institutions need a new financial infrastructure that can support tens of trillions/hundreds of trillions of dollars. If you were an institution, how would you choose? Ethereum naturally becomes the target for institutions betting on the future of new finance. This also explains why some institutions are now scrambling for ETH.
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Zentry FAQ
Currently, one Zentry is worth ₺0.38708. For answers and insight into Zentry's price action, you're in the right place. Explore the latest Zentry charts and trade responsibly with OKX TR.
Cryptocurrencies, such as Zentry, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Zentry have been created as well.
Check out our Zentry price prediction page to forecast future prices and determine your price targets.
Dive deeper into Zentry
Zentry is the Gaming Superlayer designed to bring the MMORPG experience to real life. It is the game of games that unites the world’s 3 billion gamers across countless games and platforms, both digital and physical, into a unified Play Economy.
Zentry’s Superlayer is powered by a unique, vertically integrated stack that includes blockchain infrastructure, a suite of consumer apps, a multiversal IP world, and a robust treasury, all merged into one cohesive overlay. Serving as a foundational layer for the Play Economy, Zentry is poised to become the leading distributor in the gaming, entertainment, and lifestyle.
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OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
₺2.74B #218
Circulating supply
7.11B / 10B
All-time high
₺1.8421
24h volume
₺612.83M
3.9 / 5