Sky narxSKY

⭕ Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. ⭕ Ethereum is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799. The broader selloff appears tied to macroeconomic tensions as Donald Trump’s sweeping new tariffs put pressure on the crypto market. The market has seen widespread losses as a result of the steep ETH price decline. According to Coinglass data, over $400 million worth of Ethereum positions have been liquidated in the past 24 hours. Long trades, which lost roughly $341 million, accounted for the majority of this. As traders pulled out of positions, open interest in Ethereum futures has dropped by 15%. One major investor was particularly severely impacted. A whale who had taken out a sizable loan on the decentralized finance platform Sky (formerly Maker) lost 67,570 ETH, or more than $100 million, according to Lookonchain’s Apr. 7 post on X. The loan was backed by ETH, and when the price dropped, the system automatically sold the collateral to cover the debt. Aside from the most recent selloff, Ethereum has had a rough few months. It closed the first quarter of the year 45% down, losing about $170 billion in value. This made Q1 2025 Ethereum’s third-worst quarter since 2016. Despite leading in DEX trading volume in March, the network’s fee income dropped sharply, from $142 million in January to just $21 million in March, as per DefiLlama data. Transaction fees were reduced by the March 2024 EIP-1559, also known as the Dencun upgrade, which helped to lower fees. However, Ethereum became inflationary once more. One important deflationary indicator, the burn rate of ETH, has fallen to its lowest level since August 2021. Analysts seem to be approaching ETH with greater caution following a largely optimistic outlook in 2024. In March, Standard Chartered analysts lowered their year-end Ethereum price target from $10,000 to $4,000 due to the growing competition with Ethereum layer-2 solutions. These rollups continue to draw users away from the main chain by offering quicker speeds and cheaper fees. Even though the upcoming Pectra upgrade will strengthen the network’s fundamentals, the ongoing macroeconomic pressure is still expected to have an impact on Ethereum’s price. $ETH

$BUZZ Will fly to the Sky 🐝

$BUZZ will fly to the Sky 🐝

Chart Exploding. Volume Surging. Eyes Locked In. The candles are green, the momentum is real, and $STO Coin is entering full-blown bullish breakout mode. This isn't a test pump—this is the real thing. And it’s just getting started. 🌝 Technical Signs Point to MOON: 🌝 - Strong Uptrend Formed $STO is printing higher highs and higher lows. The trend is up—and bulls are in full control. - Resistance? Smashed. That key level? Obliterated. $STO just blew past resistance like it wasn’t even there. Now it's in price discovery mode. - Buy Pressure > Sell Pressure Volume is flowing in, not out. The market wants $STO—and it wants it now. 🔸The Community Is Feeding the Fire🔸 Every bullish candle brings in new eyes. Every tweet, meme, and chart post drives new holders. FOMO is rising, and $STO is becoming the next big narrative. 🔸CEX Listings Incoming🔸 The rumors are hot. Once those centralized exchanges drop the listing bomb, it’s game over for anyone still waiting on the sidelines. 🔸This Is the Calm Before the Supernova🔸 You don't wait for confirmation when the trend is already obvious. You ape in, you lock your bags, and you ride the bullish wave. $STO to the Sky — Ride the Trend or Regret It Later! Chart is lit. Hype is rising. Supply is tight. The bull is charging. This is $STO Season. And it’s going vertical.

Get in Before the Moon Mission Leaves Without You! $PUMP Coin isn’t just another token—it’s the heartbeat of the next generation of crypto hype and community-driven gains. Born from the spirit of the meme coin movement but engineered for massive growth, $PUMP is here to dominate your watchlist and your wallet. --- Why $PUMP? Why Now? 🧨 Community-Powered Hype Engine $PUMP thrives on energy, memes, and momentum. It’s not just a coin—it’s a movement. Backed by a passionate community that knows how to make noise, this token has viral potential written all over it. 🧨 Scarcity Meets Demand With a limited supply and growing demand, $PUMP has the perfect recipe for explosive price action. As the word spreads, supply gets tighter and holders get wealthier. 🧨 Transparent and Relentless Dev Team The devs behind $PUMP are doxxed, dedicated, and dead serious about making this the next big thing. Constant updates, community AMAs, and real roadmap milestones make this a token you can trust. What’s Coming for $PUMP? CEX Listings Incoming Major exchanges are starting to take notice. Once $PUMP hits those listings, the sky isn’t the limit—it’s just the beginning. Viral Marketing Blitz From influencers to meme lords, everyone’s talking $PUMP. A wave of collaborations and campaigns are lined up to bring in new holders by the thousands. - NFT Utility + Real World Collabs $PUMP isn’t stopping at hype—exclusive NFTs, staking, and future utility are on the horizon. This isn’t just a moonshot—it’s an ecosystem. Ready to Ride the $PUMP? This is your chance to get in early on what could be the biggest moon mission of 2025. Don’t watch from the sidelines while others 10x, 100x, or even 1000x their bags. Buy the rumor. HODL the rocket. Ride the $PUMP. Join the $PUMP fam now and let’s take this thing all the way to the stratosphere! $PUMP to the moon!