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Ethereum’s breakout above $3,900 has lit a fire under the altcoin market, with UNI and ARB among the biggest movers as Bitcoin dominance slips. The drivers, rapid Layer-2 growth, surging DeFi activity, and strong social buzz, point to conditions that could keep Ethereum-led momentum alive in the weeks ahead.

 

That broader shift is spilling into smaller-cap plays like TaleX (X). Since its BingX listing, X rallied sharply to $0.05049 before pulling back to $0.0254 (+408% in 4H). In a market where capital is rotating into high-beta assets, volatility like this can shake out weak hands but also set the stage for the next move once liquidity stabilizes.

 

I’m holding some X and joined the BingX listing carnival running until 17 August, so I’m watching how Ethereum’s market strength might filter down to X’s price action. Event details: https://bingx.com/en/activity/general/3372572278?ref=3PCSHP

If you’re tracking X or curious about short trading windows, it might be worth following along, I’d be interested to hear your take on how it plays out.

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