Delphi Digital: Altcoin market performance is mixed, with VVV ranking first in weekly gains with a 21.87% increase
According to Odaily, Delphi Digital posted on X platform stating that the altcoin market remained mixed this week, with the crypto market moving sideways. The top five tokens by gains are as follows:
• VVV (+21.87%)
• Render (+18.06%)
• Iota (+15%)
• MON (+13.33%)
• JUP (+13.2%)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
