#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
The cryptocurrency market is experiencing a shift in priorities, and meme coins are no longer receiving as much attention as before. Although many analysts predicted a boom in 2025. The interest of traders is shifting towards bitcoin and leading Layer 1 blockchain assets, such as Ethereum (ETH), Solana (SOL), Toncoin (TON), and Cardano (ADA). According to Santiment data, these top Layer 1 assets account for 44.2% of discussions among all specific coins. Meanwhile, the popularity of meme coins, such as Dogecoin, Shiba Inu, and Pepe, is significantly decreasing on social platforms.
The main reason for such a change is the increasing market volatility and the decrease in dominance of speculative tokens. Memecoins attract traders focused on quick profits, often driven by hype and viral trends rather than fundamental value. The dominance of such assets typically signals a phase of excessive greed in the market, which may tend to end with a sharp correction.
On the other hand, increased interest in Bitcoin and old-school altcoins indicates a more mature and reasoned approach by the community. These assets are the foundation of the cryptocurrency ecosystem, providing security, scalability, and real-world use cases. Blockchains support smart contracts, decentralized applications, and new financial instruments, which are key drivers of the long-term development of the industry.
While opportunities to get 'x' on meme coins will still exist, the decrease in mentions on social media indicates a period of market stabilization. This is a good sign for normalizing the crypto market.