Just a few weeks ago the ERC-20 token closed its ICO presale, with over $1.7-million-dollars raised. It listed on Uniswap almost immediately after, where the price lept from $0.65 to an All-time high of $1.10 before a correction.
Now holding stable at $0.367.
Donald Trump, the former president of the United States, further solidified his stance on the crypto sector, affirming his intention to embrace the title of “crypto president” during a recent fundraising event.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw significant daily outflows of over $200 million as uncertainty around US inflation data gripped the market.
Investors reevaluate their positions in risk assets, including Bitcoin ETFs, as inflation fears grow.