Crypto

Strong fundamentals push Dent, Arweave (AR) and Enzyme (MLN) price higher

According to a report by Coinshares, as of March 20, the weekly inflows into institutional crypto products has declined by about 59% when compared with the previous week. This suggests that institutional investors are taking a cautious approach after the recent bull run.

However, that does not mean the institutional investors are dumping their holdings just yet. The report highlights that the total assets under management of crypto investment products hit a new high at $57 billion. 

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Crypto market data daily view. Source: Coin360

While the crypto bull market remains to be intact, a report by Glassnode suggests it could be entering into its later stages. The on-chain analytics supplier believes that Bitcoin’s (BTC) “wealth transfer” from long-term traders to new entrants is in course of. 

Glassnode is just not the one one to sound a warning on the maturing bull market. Chinese mining pool BTC.prime CEO Jiang Zhuoer is projecting the bull market to finish by September.

However, untill then, a number of tokens may present engaging returns to traders. Let’s research the fundamentals and the charts of three such tokens.