Mar 25, 2021
The quarterly inflow of digital assets reached 4.2 billion US dollars. Can Muso blockchain token be sought after?
According to a well-known digital asset investment management company, since the beginning of 2021, the inflow of institutional-level encrypted asset investment products has reached a new high. The inflow of funds once reached US$4.2 billion, breaking the record of US$3.9 billion in the fourth quarter of 2020.
In addition, it is understood that there are still new institutions entering the cryptocurrency market. The insiders said that although Bitcoin is still the mainstream of the cryptocurrency market and occupying a dominant position in the cryptocurrency market, with the increase in the inflow of Bitcoin funds, the inflows of mainstream tokens and even emerging tokens are also increasing.
Affected by the continuous injection of funds, the trading volume of cryptocurrencies, led by Bitcoin, has also seen a sharp increase.
In fact, the huge increase in the amount of funds in the cryptocurrency market is not surprising. With the previous wave of rises in Bitcoin, large institutions have long seen opportunities for wealth. Therefore, there will be large institutions competing to enter. Moreover, they are still optimistic about the future of Bitcoin. In other words, they believe the future of Bitcoin is still very huge and they look forward to long-term investment rather than short-term selling. Although the current bitcoin market has seen skyrocketing and plummeting prices, these large institutions are not surprising at all. In addition, these large institutions have not put all their assets on Bitcoin, while other tokens, such as emerging tokens, have also injected capital by large institutions. In other words, although Bitcoin will bring losses, the profits made by large institutions on other tokens can be hedged against the losses of Bitcoin to obtain absolute benefits.
However, the market of mainstream currencies led by Bitcoin is volatile and has high handling fees, which is not suitable for small and medium-sized retail investors with small capital. They should find new opportunities if they want to benefit from the cryptocurrency market. With that, the emerging cryptocurrency market is a new opportunity for small and medium retail investors.
Recently, the emerging Muso blockchain in the cryptocurrency market has been popularized, and its token, the Muso blockchain token, has also been sought after. However, it turns out that the Muso blockchain coin has no value. It cannot be commercialized on a large scale, and thus, cannot be used for circulation, causing it to become an air coin.
Compared with the Muso blockchain token, the NGK tokens are more practical. Currently, the price of NGK tokens has reached 1.4264 US dollars, and it is on a rising trend. This is inseparable from the NGK blockchain who recently launched the NGKEX and being recognized by many users and institutions. It has driven the rise of NGK token prices to a certain extent. In addition, the NGK blockchain is being implemented step by step into the ecological industry, creating an ecological industry Dapp. Users holding NGK tokens can purchase goods in the Dapp mall, which greatly increases the circulation of NGK tokens, thus creating more values for NGK tokens. Hence, the price of NGK tokens has risen. With that, there will also be influx of ecological builders. In the future, the NGK tokens will surely be highly sought after in the cryptocurrency market!
