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Virtuals ecosystem token sees widespread price surge, with GAME surging over 70% in the past 24 hours

5 hours ago

On April 26th, according to the GMGN market data, the tokens in the Virtuals ecosystem generally witnessed a rise. These include: - VIRTUAL with a 24-hour percentage change of 46.8% and currently trading at $1.08. - GAME with a 24-hour percentage change of 70.6% and currently trading at $0.0464. - AIXBT with a 24-hour percentage change of 31.1% and currently trading at $0.143. - CONVO with a 24-hour percentage change of 46.3% and currently trading at $0.00526.
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The current mainstream CEX and DEX funding rate displays a continued market divergence, with neutrality coexisting with bearishness.

On April 26th, based on Coinglass data, the current funding rates of mainstream CEX and DEX are showing a continuous divergence in the market, with neutrality and bearishness coexisting. The specific funding rates for mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applied to perpetual contracts and is a fund exchange mechanism between long and short traders. The exchange does not collect this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

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This week, the US Ethereum Spot ETF has seen a total net inflow of $1.571 billion.

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