Market funds are gathering at “Sun-family” exchanges


Over the past 7 days, both ➣ and Poloniex have recorded net inflows of funds.
➣ Over the last 7 days, net inflows were approximately $15.63 million, ranking 5th across the entire network.
➣ Over the last 7 days, net inflows into P Network were approximately $4.78 million, ranking 9th across the entire network.
I’ve always felt that while fund flows can’t represent everything, they at least reflect users’ choices.
When the market is doing well, fund inflows may come from a profit-making momentum; when the market is choppy, sustaining net inflows shows even more that the platform remains appealing to users.
In the past one or two years, both platforms have been busy with moves in product, ecosystem, and global markets, and P Network has continued to push forward its own development pace.
If you put the two sides’ data together, you’ll find that more and more funds are flowing to the so-called “Sun-family” exchanges.
Of course, short-term fund inflows can’t determine long-term competitiveness.
What can truly retain users is still the product experience, the richness of assets, liquidity, and whether ecosystem development can keep moving forward.
But based on recent data, the market has already started voting with real money.
@justinsuntron @_Global
@_Molly @PoloniexChinese
#TRONEcoStar
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned