May 10, 2024
A relatively quiet week for the market, at least for crypto standards. At the start of the week Bitcoin ETFs saw a total inflow of over $217m, dramatically tailing off in the following days. Bitcoin also reached a new milestone of 1 billion transactions, 800 weeks after it was launched on Jan 3, 2009.
Investment management firm Vaneck has launched a “MEMECOIN” index, monitoring the performance of the leading six meme coins with Dogecoin (DOGE, available on Metal Pay) the predominant coin in the index holding a weight of 30.64%
We are back with the biggest gainers of the week and MTL is leading the pack in our tracked assets after it was announced Metal L2 (MTL) is joining the OPtimism Superchain.
Congratulations to this week's Metal Pay Monday winner, Arnold from Houston! Remember, for every Automatic Buy you have running you get one entry in the draw to win $50 in Bitcoin.
Metal L2 joins the Superchain - Meme by Supremebeme