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Introducing HockSaid: Charles Hoskinson’s AMA Platform#Web3  #Blockchain  #Cardano  #CardanoADA 

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AAVE Price Set to Hit $430? Trump-Linked Project Invests Again Aave (AAVE) has been garnering significant attention from both investors and institutions following its impressive performance. Amid this rising interest, the Trump family’s crypto project, World Liberty, has once again made a notable investment in AAVE. World Liberty Investment in AAVE On December 14, 2024, a blockchain social media platform shared a report that World Liberty spent 662,630 USDC to buy 1,842.532 AAVE through Cow Protocol. With this, World Liberty’s total holdings have soared to 5,886 AAVE, worth nearly $2.27 million. However, this is the third notable purchase the Trump family crypto project has made in the past three days. It started on December 12, when they invested 1 million USDC in AAVE. On December 13, they invested 246,722 USDC to buy AAVE, and now they have spent 666,630 USDC. This recent investment in AAVE has led to a significant 30% price surge over the past three days. Moreover, the investment has the potential to further propel AAVE prices, similar to the upward momentum the community has witnessed recently. According to expert technical analysis, AAVE appears bullish and has strong support from investors. There is a strong possibility it could soar by 12% to reach the next resistance level of $430 in the coming days. Current Price Momentum Currently, AAVE is trading near $380 and has experienced a price surge of over 1.1% in the past 24 hours. However, during the same period, its trading volume dropped by 40%, indicating a decrease in interest from traders and investors compared to the previous day. #AAVE #Altcoins #cryptocurrencies #Bitcoin #CryptoNews

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AAVE Price Set to Hit $430? Trump-Linked Project Invests Again

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Timelines for XRP to Reach $6 and $27 Based on Bifrost Bridge Analysis A leading market analyst, EGRAG, has shared new projections for XRP’s price trajectory, supported by his detailed Bifrost Bridge analysis. The cryptocurrency has recently experienced remarkable growth, setting the stage for a bullish outlook. In November 2024, the token surged by 283%, its most significant monthly increase in seven years. The positive momentum has continued into December, with a 26.4% gain recorded in the first 12 days. Drawing comparisons to XRP’s performance in 2017, EGRAG suggests the current market behavior could lead to milestones at $6 and $27. $6 and $27 XRP Price Targets Explained EGRAG’s predictions are based on Fibonacci retracement levels and historical price patterns. He highlighted parallels between XRP’s 2017 cycle and its ongoing rally. In March 2017, it gained 150% from a critical support level, which the analyst named the Purple Foundation. This initial move was followed by an extraordinary 1,330% rally two months later in May 2017. EGRAG believes the cryptocurrency is poised to replicate a similar trajectory. His analysis points to an immediate target zone between $4.3 and $6.4, corresponding to Fibonacci retracement levels of 1.414 and 1.618. He anticipates this could be achieved by the end of December 2024. Looking ahead to January 2025, EGRAG predicts a larger surge, potentially mirroring the 1,330% rally observed in 2017. This would place the asset in a secondary gold region, which spans prices between $13.7 and $27.3, aligning with another significant retracement zone. Addressing XRP Market Cap Concerns Skepticism surrounding these ambitious price targets often revolves around XRP’s market cap and liquidity requirements. EGRAG addressed these concerns by comparing the cryptocurrency market’s total valuation in 2017 and 2024. In May 2017, the total cryptocurrency market cap (TMC) was $60 billion. #XRP #Ripple #cryptocurrencies #Altcoins #CryptoNews

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Timelines for XRP to Reach $6 and $27 Based on Bifrost Bridge Analysis

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10 Trillion SHIB In 24 Hours. Here’s What Happened Recent data reveals that over 10 trillion Shiba Inu tokens were transacted within 24 hours, primarily driven by whale activity. While the figure appears substantial, it falls short of historical transaction volumes during SHIB’s peak growth phases. This raises questions about the current state of the asset’s market momentum and its prospects for recovery or growth. Comparing Current Volumes to Historical Peaks In previous bullish cycles, Shiba Inu saw transaction volumes significantly surpassing 18 trillion tokens, particularly during rapid price increases. Such heightened activity often indicated strong interest from large holders and a robust market trend. By contrast, transaction volumes during bearish periods tended to dip below 10 trillion tokens, reflecting reduced enthusiasm and lower market engagement. The current figure of 10 trillion tokens places the asset above bearish thresholds but still far from the volume levels that typically signal a strong bullish trend. This subdued activity indicates that the market is neither experiencing significant accumulation nor facing aggressive selling pressure. Price and Support Analysis Chart data shows SHIB hovering near a key support level, with its recent rebound from the 50-day Exponential Moving Average (EMA) providing a sign of attempted recovery. However, the current transaction volumes do not align with the levels of market participation needed to sustain a prolonged uptrend. This disparity between price action and trading activity suggests limited momentum, leaving the asset in a state of consolidation. Market Sentiment and Whale Activity According to analytics from IntoTheBlock, high transaction volumes are often a precursor to notable market movements, reflecting heightened activity from major stakeholders. However, the present volume does not display the clear patterns of accumulation or distribution that typically precede significant price swings. #ShibaInu #SHIB #memecoin #Altcoin #CryptoNews

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