DOGEcoin
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Bitcoin Miners Sold 75% of Their Reserves in June, But Someone's Hodling
#bitcoin news update :
According to data from Glassnode, Bitcoin miners sold 75% of their reserves in June, compared to 326% in the same period last year. This suggests that #miners are under financial pressure and are selling off their Bitcoin to raise cash. However, it also suggests that some miners are hodling, as the total amount of Bitcoin held by miners has not decreased significantly.
This is a mixed signal for the Bitcoin market. On the one hand, it suggests that miners are not confident in the long-term price of Bitcoin. On the other hand, it also suggests that there is still demand for Bitcoin from some investors.
It will be interesting to see what happens in the coming months. If miners continue to sell off their Bitcoin, it could put downward pressure on the price. However, if some miners continue to hodl, it could help to support the price.
Only time will tell what the future holds for Bitcoin. However, one thing is for sure: the next few months will be crucial for the cryptocurrency market.
#BNB #DOGEcoin #NFT
$ETH $SOL $ATOM
According to data from Glassnode, Bitcoin miners sold 75% of their reserves in June, compared to 326% in the same period last year. This suggests that #miners are under financial pressure and are selling off their Bitcoin to raise cash. However, it also suggests that some miners are hodling, as the total amount of Bitcoin held by miners has not decreased significantly.
This is a mixed signal for the Bitcoin market. On the one hand, it suggests that miners are not confident in the long-term price of Bitcoin. On the other hand, it also suggests that there is still demand for Bitcoin from some investors.
It will be interesting to see what happens in the coming months. If miners continue to sell off their Bitcoin, it could put downward pressure on the price. However, if some miners continue to hodl, it could help to support the price.
Only time will tell what the future holds for Bitcoin. However, one thing is for sure: the next few months will be crucial for the cryptocurrency market.
#BNB #DOGEcoin #NFT
$ETH $SOL $ATOM
LIVECrypto Sat
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#DOGE/USDT
LONG
ENTRY - 7530
TARGETS : 7560 - 7607 - 7645 - 7685 - 7725 - 7800
LEVERAGE - 40x
STOPLOSS - 7260
LONG
ENTRY - 7530
TARGETS : 7560 - 7607 - 7645 - 7685 - 7725 - 7800
LEVERAGE - 40x
STOPLOSS - 7260
What's your favorite #memecoin
1.#DOGEcoin
2.#SHIBARIUM
3. $ELON
4. $FLOKI
5.$KISHU
6. $POOH
7.$TAMA
8. $PERRY
9.$0GGY
10. $NOOT
11.$PEPE
12. $WOJAK
Comment below#feedfeverchallenge #binancepizza #Binance
1.#DOGEcoin
2.#SHIBARIUM
3. $ELON
4. $FLOKI
5.$KISHU
6. $POOH
7.$TAMA
8. $PERRY
9.$0GGY
10. $NOOT
11.$PEPE
12. $WOJAK
Comment below#feedfeverchallenge #binancepizza #Binance
To the Moon with $DOGE Here's the latest on Dogecoin (DOGE):
Current Market Status:
- Price: Dogecoin is at $0.12572, showing a 2.87% increase.
- 24-hour High/Low: The high was $0.12851 and the low was $0.12061.
- Trading Volume: There's been 770.09M DOGE traded, equivalent to 95.89M USDT.
Technical Indicators:
- Moving Averages: The MA(7) and MA(25) are slightly bullish, just above the MA(99).
Market Sentiment:
- Meme Coin Frenzy: DOGE's price can swing with social media trends.
- Positive Vibes: The sentiment is currently leaning towards Greed.
Recent Performance:
- Tail Wagging: DOGE has had a positive increase in the last 24 hours.
- Six-Month Fetch: The coin has gained 34.44% over the past six months.
Market Analysis:
- Golden Cross: This pattern suggests a long-term bullish trend.
- Mixed Trends: Analysts are looking for a rebound above $0.126 for a potential rally.
Investor's Note:
- Sudden Movements: DOGE can react quickly to news or influencer comments.
- High Risk: Be cautious when trading meme coins due to their volatility.
Follow us for more DOGE updates and insights.
#DOGEcoin #CryptoAnalysis #ToTheMoon
#CryptoTradingGuide #Write2Earn!
Current Market Status:
- Price: Dogecoin is at $0.12572, showing a 2.87% increase.
- 24-hour High/Low: The high was $0.12851 and the low was $0.12061.
- Trading Volume: There's been 770.09M DOGE traded, equivalent to 95.89M USDT.
Technical Indicators:
- Moving Averages: The MA(7) and MA(25) are slightly bullish, just above the MA(99).
Market Sentiment:
- Meme Coin Frenzy: DOGE's price can swing with social media trends.
- Positive Vibes: The sentiment is currently leaning towards Greed.
Recent Performance:
- Tail Wagging: DOGE has had a positive increase in the last 24 hours.
- Six-Month Fetch: The coin has gained 34.44% over the past six months.
Market Analysis:
- Golden Cross: This pattern suggests a long-term bullish trend.
- Mixed Trends: Analysts are looking for a rebound above $0.126 for a potential rally.
Investor's Note:
- Sudden Movements: DOGE can react quickly to news or influencer comments.
- High Risk: Be cautious when trading meme coins due to their volatility.
Follow us for more DOGE updates and insights.
#DOGEcoin #CryptoAnalysis #ToTheMoon
#CryptoTradingGuide #Write2Earn!
