Introduction

Explore 2024's global crypto exchange trends and BTC to INR dynamics. A recent report underscores Bitcoin's short-term challenges, potentially stalling below $70,000 in July. Memecoins outperformed Bitcoin in June with a diverse trading approach. 

Solana surpassed Ethereum in NFT minting. The report also covers DeFi, gaming tokens, and AI within the crypto exchange India landscape.

Bitcoin’s Uncertain Future

• However, a June report suggests that Bitcoin's upward trajectory may not be short-term feasible.
  
  
• Bitcoin will struggle to surpass the $70,000 psychological barrier in July.
  
  
• The report's analysis is based on various metrics and statistical observations.

Memecoins Gain Popularity

• Interestingly, memecoin traders had a more profitable June than Bitcoin holders, seeing profits in most trading sessions.
  
  
• Over half (53%) of traders take a scattered approach, buying small amounts of many coins in hopes of a big win.
  
  
• The Large Holders Netflow on June 25 was -293.66%, indicating outflows exceeded inflows over the past 30 days.

NFT Sector Surprises

• The report also disclosed that Solana has overtaken Ethereum as the top platform for minting NFTs.
  
  
• The report also addressed other crypto areas like DeFi, gaming, and AI tokens.
  
  
• The report can be downloaded and covers crucial topics like optimizing returns for memecoin investors, key investment factors, and Bitcoin's potential to surpass $73,000 in July.

Conclusion

In 2024's dynamic crypto landscape, Bitcoin faces short-term challenges, possibly stalling below $70,000. Memecoins thrived with diverse trading strategies, contrasting Bitcoin's performance. Solana's rise in NFT minting signals a significant shift, alongside insights into DeFi, gaming tokens, and AI.