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#BTC🔥🔥🔥🔥🔥 is hot $BTC

#BTC🔥🔥🔥🔥🔥 is hot

$BTC

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$ETH Ethereum Striking :) #ETH Ethereum is a decentralized, open-source blockchain platform that allows developers to build and deploy smart contracts and decentralized applications (DApps). It was proposed by Vitalik Buterin in late 2013 and launched in July 2015. At its core, Ethereum works on the principle of a distributed network of computers called nodes, each running a copy of the Ethereum blockchain. These nodes work together to validate and record transactions, ensuring consensus and security on the network. One of the key features of Ethereum is its ability to execute smart contracts. Smart contracts are self-executing agreements with predefined rules and conditions written into the code. Once these conditions are met, the contract automatically executes without the need for intermediaries. This enables decentralized applications to run autonomously and securely, without censorship or downtime. Ethereum also has its own cryptocurrency called Ether (ETH), which serves as both a digital currency and a utility token on the Ethereum network. Ether is used to pay for computational services, transaction fees, and as an incentive for miners to secure the network. Ethereum operates on a consensus mechanism called Proof of Stake (PoS), although it is currently transitioning from Proof of Work (PoW) to PoS through an upgrade called Ethereum 2.0. In PoS, validators are selected to create new blocks and validate transactions based on the number of coins they hold and lock up as collateral, rather than relying on computational power alone. The Ethereum network has gained popularity for its ability to enable decentralized finance (DeFi) applications, tokenization, decentralized exchanges, and non-fungible tokens (NFTs). It has become the foundation for many blockchain-based projects and has a vibrant developer community contributing to its growth and innovation.
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#ETFvsBTC Technical Analysis: - Bitcoin's current price is $67,100.32. - The 1-week performance shows a positive gain of 5.03%. - The RSI (Relative Strength Index) is at 58.85, indicating that the asset is somewhat neutral. - The Momentum indicator is at 4053.11, suggesting a strong bullish momentum. - The Awesome Oscillator is at 2699.73, indicating a positive buying signal. - The Commodity Channel Index (CCI20) is at 146.20, implying a moderate buy signal. - The Stochastic indicators show a %K value of 94.38 and a %D value of 91.76, signifying overbought conditions. - The Moving Average Convergence Divergence (MACD) has a positive histogram, suggesting a bullish trend. Fundamental Analysis: - Bitcoin's market capitalization is approximately $1.32 trillion. - The 24-hour trading volume is around $16.93 billion. - The NVT (Network Value to Transactions Ratio) is 37.08, indicating a slightly overvalued condition. - The number of active addresses is 640,101, reflecting a significant level of network activity. - The average transaction volume is $88,846.72, which indicates substantial transactional value. - The sentiment analysis from Twitter and Telegram is neutral, with no negative or positive sentiment identified. - The number of GitHub commits is 45,202, indicating active development activity. - The recommendation for Bitcoin from other sources is negative (-0.09), while based on moving averages (MA), the recommendation is positive (0.79). Market Cap: The current market cap of Bitcoin is approximately $1.32 trillion USD. 24-hour trading volume: The 24-hour trading volume of Bitcoin is around $16.94 billion USD. Circulating Supply: The circulating supply of Bitcoin is 19,700,328 BTC. Performance: Bitcoin has shown positive performance over various time frames (5% weekly, 6.76% monthly, 44.88% yearly, and 67.07% year-to-date). Volatility: The daily volatility of Bitcoin is 1.01%. $BTC
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#MemeWatch2024 Shiba Inu (SHIB) Shiba Inu was created in 2020 by "Ryoshi", an anonymous person or group. It is an Ethereum-based token and was introduced as “Dogecoin Killer” Ecosystem ShibaSwap DEX and other tokens such as LEASH, BONE Over the past week, SHIB has seen a positive performance of approximately 41%. However, over the past month, three months, six months, year-to-date (YTD), and one year, SHIB has experienced negative performances ranging from -4.93% to -34.82% $SHIB Pepe (PEPE) Pepe is a cryptocurrency based on the popular internet meme. It is often based on projects focused on community and humor. Pepe has shown positive performance with a weekly return of 4.52%, while its one-month return stands at -5.17%. However, its three-month return is -56.74% $PEPE ConstitutionDAO (PEOPLE) ConstitutionDAO is a DAO created for the purpose of purchasing a copy of the US Constitution. It runs on Ethereum. The acquisition of the constitution has failed, but society has the potential to develop new projects. ConstitutionDAO has shown significant volatility in its performance, with negative returns over various timeframes. For example, in the past year, it has displayed a negative return of around -54.85% $PEOPLE Bonk ( BONK) Bonk is a community-supported MemeCoin.Solana runs on blockchain.Bonk has a market capitalization of approximately $1,573,935,515, indicating its overall size in the market. The cryptocurrency has experienced significant negative performance over various timeframes, including -15.79% in the past month and -80.75% since the beginning of the year $ BONK Floki Inu ( FLOKI ) $ FLOKI FLOKI was inspired by Elon Musk's dog, Floki. It runs on Ethereum and Binance Smart Chain. NFT projects and metadata-focused initiatives. FLOKI has shown a positive performance, with gains of 17.73% in the past week, 8.94% in the past month, and 128% YTD. The 24-hour trading volume is 24,820,411.15 USD, suggesting an active market. The average transaction volume is $18,791, indicating some levels of activity. 128% predicted to perform in the upcoming bull season
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