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Why PEPE Price Has Struggled Over the Weekend PEPE plummeted on Saturday, reversing some of its gains from the week. PEPE fell 7.5% in 24 hours to $0.00001088, a price drop. PEPE's pricing issues are part of the market decline, but whale migration may have worsened them. Recently, a crypto whale sold a lot of PEPE tokens for ETH. On-chain data suggests a single wallet traded over 1.4 trillion PEPE tokens for ETH, lowering price. Expectations for ETH Spot ETF Approval TheDataNerd reported that a PEPE whale, identified as “0x837,” switched over $18 million to Ethereum over the weekend. A massive departure is bearish for PEPE. Staked Ethereum assets in the Compound protocol indicate a long-term investment. The whale deposited 300 billion PEPE, worth $3.85 million, into Binance, according to on-chain statistics. This deposit cost the whale $1.73 million. Interestingly, this deposit was ongoing. The whale deposited 1.1 trillion PEPE tokens worth $14.42 million to Binance, which were presumably converted to ETH. Thus, this whale has deposited 1.4 trillion PEPE on Binance in two days. Over the previous two days, whale “0x837” withdrew 1,728 ETH worth 5.86 million from Binance, bringing its total of 4,374 ETH worth $14.91 million. Despite losing money, this whale converted all of its PEPE holdings into ETH, suggesting a purposeful investment choice. Market confidence in Ethereum is boosted by the probable introduction of Spot Ethereum ETFs in July. Many market players have compared Ethereum to Spot Bitcoin ETFs and predicted a similar increase. Bryan Armour, an ETF analyst at Morningstar, thinks Spot Ethereum ETFs may not be as exciting as Bitcoin because of their market sizes. PEPE is trading at $0.00001129, up marginally from Saturday's lows. The meme token has fallen 3.58% and 3.77% in 24 hours and 7 days, respectively. Ethereum fell 3.2% in the previous week to $3,390. #PEPE #US_Inflation_Easing_Alert $PEPE
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The Level That the Bitcoin Price Needs to Hold in Order to Bounce at the Beginning of July, According to a Bullish Analyst In its statement, Rekt Capital, which is one of the most well-known cryptocurrency experts, discussed the set of circumstances that must occur in order for the price of Bitcoin (BTC) to increase. The expert believes that a bull scenario may take place if Bitcoin were to demonstrate stability at its present values, as it has been doing over the course of the previous several days. It is possible that a surge that has the potential to break the negative trend will take place during the first week of July, as stated by Rekt Capital, provided that the price of Bitcoin is able to maintain its current level. However, the expert believes that in order for this bull scenario to materialize, the price of Bitcoin must remain stable around the $60,600 mark. As this post is being written, the price of Bitcoin is now trading at $61,419 per unit. There was a decrease of 4.63% during the course of the previous week, and at its lowest point, the price returned to the level of $60,600 that was indicated by Rekt Capital. The price of Bitcoin, on the other hand, had a significant price rise after reaching the aforementioned level, which led to its present position. #Bitcoin #CPIAlert #BTC $BTC
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In July, the market worth of 2 cryptocurrencies will hit $10 billion. With Bitcoin's (BTC) price being relatively stable at $69,000 and the market capitalization of all cryptocurrencies remaining unchanged at $2.3 trillion, the cryptocurrency market has had a mixed performance in the last few weeks. PolkaDot Polkadot (DOT), whose market valuation is approaching $8.74 billion at the current price of $6.08 per share, is expected to surpass $10 billion by July. Polkadot, which has a 5% weekly rise, has been able to withstand recent market declines because to its reputation for decentralized applications and interoperability. Optimism about its possible recovery is emphasized by analysts, who point out strategic purchasing opportunities. Integrating Real-World Assets (RWAs) to encourage mainstream acceptance, Polkadot's ecosystem is constantly growing with significant initiatives like Energy Web, Xcavate, and Phyken. The long-term potential of DOT is being highlighted by the fact that, according to crypto researcher Michael Van De Poppe, its charts are taking on a noticeable uptick. Chainlink With a market worth of $8.29 billion and a price of $13.64, Chainlink (LINK) is well-positioned to hit $10 billion in the near future. With an 8.3% daily rise, Chainlink—a frontrunner in decentralized oracle solutions—has shown market resilience and recovery potential in the face of cautious market sentiment. The success of this technology depends on its ability to overcome technical resistances, increase its usefulness beyond blockchain ecosystems, and take advantage of the increasing integration of DeFi. The potential of Chainlink was shown in a recent partnership with DTCC and other large U.S. financial institutions such as BNY Mellon and JP Morgan (NYSE: JPM). Chainlink is doing well and might reach a $10 billion market valuation soon thanks to widespread industry backing and practical uses. #Polkadot #Chainlink $DOT $LINK @Polkadot Network @Chainlink
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July Edition: 3 Cryptos to Buy Before Altseason Sends Them to the Moon nuco.cloud optimizes speed and efficiency by dynamically distributing computing jobs over its network. Cardano has struggled this year, but a protocol change might help. Aave: Aave's busy schedule will keep things entertaining for years. nuco.cloud Rebrands to Lead Global Cloud Computing The pioneering decentralized cloud computing platform nuco.cloud proudly presents its redesign, a major step toward becoming a worldwide cloud technology leader. nuco.cloud provides unequaled computing capacity to enterprises globally using blockchain technology, assuring efficiency, security, and scalability. This rebranding shows nuco.cloud's dedication to innovation, quality, and seamless integration and use. For companies seeking high-performance computing solutions, the platform's powerful architecture enables AI, data analytics, and complicated simulations. Nuco.cloud improves resource use and reduces environmental impact while offering outstanding performance with a fresh emphasis on sustainability and energy efficiency. nuco.cloud, a pioneer in cloud computing, drives digital transformation and empowers organizations with dependable, scalable, and secure cloud solutions. nuco.cloud combines innovation and performance for the future of computing. Cardano Most cryptocurrencies have gained this year, while Cardano has plummeted 30% YTD. The dip may be due to the smart contract's platform being sidelined by “Ethereum killer” Solana (SOL-USD). Solana, known for its quickness, gained 45% YTD. When Cardano hard forks to launch Voltaire, its final development phase, ADA investors hope things will improve this month. Aave Aave may also break out because to an ecosystem update. In May, cofounder Stani Kulechov said on X that “Aave Network is planned to come after V4,” indicating an Ethereum-based second layer. #nucocloud #aave #solana #VanEck_SOL_ETFS $SOL
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