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Vitalik Buterin Supports Dogecoin (DOGE) Community with Strategic Support. Vitalik Buterin, the founder of #Ethereum , expressed his sadness on social media over the death of his #Shiba Inu dog Kabosu, who became an internet phenomenon and the face of Dogecoin. Buterin's tweet, "Rest in Peace Kabochan," was a heartfelt response to Kabosu's owner Atsuko Sato's post announcing the death of her 19-year-old dog. Kabosu's image went viral in 2010, leading to the creation of Dogecoin by Billy Markus and Jackson Palmer in 2013. Since then, the Dogecoin community, known as the “Doge army”, has grown by leaps and bounds and Kabosu has become a lovable mascot. Kabosu's death resonated deeply in the crypto community. Prominent figures such as Elon #Musk and the official Dogecoin account also paid tribute. Musk tweeted that Kabosu was “ascending to heaven,” while #Dogecoin founder Billy Markus shared a meme of Kabosu talking to Death, with Death telling the dog, “I was told you were the best.” This wave of sadness and respect reveals the significant cultural impact Kabosu has had on the cryptocurrency world. This latest tribute isn't the first time Vitalik Buterin has shown his support for the Dogecoin community. In the past, Buterin has made several donations to the Dogecoin Foundation, an organization dedicated to the development and promotion of Dogecoin. In 2021, Buterin joined the foundation as a member and proposed several initiatives to develop cryptocurrency. One of his prominent suggestions was for Dogecoin to switch from a proof-of-work (PoW) algorithm to a proof-of-stake (PoS) system, which would increase its efficiency and sustainability. As the #Dogecoin community evaluates Kabosu's legacy, there is a renewed focus on the future of cryptocurrency. Switching to a proof-of-stake system, as suggested by Buterin, could be an important step. This change not only reduces the environmental impact of mining, but can also increase the security and scalability of the network. $BTC $DEGO

Vitalik Buterin Supports Dogecoin (DOGE) Community with Strategic Support.

Vitalik Buterin, the founder of #Ethereum , expressed his sadness on social media over the death of his #Shiba Inu dog Kabosu, who became an internet phenomenon and the face of Dogecoin. Buterin's tweet, "Rest in Peace Kabochan," was a heartfelt response to Kabosu's owner Atsuko Sato's post announcing the death of her 19-year-old dog. Kabosu's image went viral in 2010, leading to the creation of Dogecoin by Billy Markus and Jackson Palmer in 2013. Since then, the Dogecoin community, known as the “Doge army”, has grown by leaps and bounds and Kabosu has become a lovable mascot.

Kabosu's death resonated deeply in the crypto community. Prominent figures such as Elon #Musk and the official Dogecoin account also paid tribute. Musk tweeted that Kabosu was “ascending to heaven,” while #Dogecoin founder Billy Markus shared a meme of Kabosu talking to Death, with Death telling the dog, “I was told you were the best.” This wave of sadness and respect reveals the significant cultural impact Kabosu has had on the cryptocurrency world.

This latest tribute isn't the first time Vitalik Buterin has shown his support for the Dogecoin community. In the past, Buterin has made several donations to the Dogecoin Foundation, an organization dedicated to the development and promotion of Dogecoin. In 2021, Buterin joined the foundation as a member and proposed several initiatives to develop cryptocurrency. One of his prominent suggestions was for Dogecoin to switch from a proof-of-work (PoW) algorithm to a proof-of-stake (PoS) system, which would increase its efficiency and sustainability.

As the #Dogecoin community evaluates Kabosu's legacy, there is a renewed focus on the future of cryptocurrency. Switching to a proof-of-stake system, as suggested by Buterin, could be an important step. This change not only reduces the environmental impact of mining, but can also increase the security and scalability of the network.
$BTC $DEGO

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This Development in Ethereum May Create New ATH Levels: Here are the Details. Important developments continue to occur in the crypto market. Ethereum price is up nearly 67% so far in 2024 and could continue its upward moves in June based on a mix of on-chain, fundamental and technical indicators. As of June 1, the breaking phase of the falling wedge formation, which dominates the daily chart of Ethereum, was on the agenda. Falling wedge; It stands out as a bullish reversal formation characterized by two descending, converging trend lines. As a rule of technical analysis, this formation resolves when the price breaks above the upper trend line and rises by the maximum height of the wedge. A Prize Pool Worth 21 Million TL is Awaiting You from #BinanceTR ! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto! On May 20, the price of Ethereum broke above the upper trend line of the wedge along with an increase in trading volumes, confirming the formation's tendency to reach its upside target at approximately $4,255 by the end of June, up 12.65% from current price levels. Interestingly, the ongoing breakout appears to be part of a bull flag pattern characterized by two parallel downward sloping trend lines. As a rule of technical analysis, bull flags resolve when the price breaks above the upper trend line and rises by the height of the previous uptrend. This suggests that Ethereum could rise to $6,000 by the end of June or early July. Ethereum's potential to reach $4,000 is getting stronger from the richest whale cohort. According to Blockchain data analysis platform Santiment, the Ethereum supply held by organizations with a balance of 10 million - 100 million #Ethereum has increased by approximately 0.5% since May 20, when the US Securities and Exchange Commission (SEC) rumors emerged. Reconsideration of spot #Ethereum ETF rejection has begun. $BTC $ETH
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Remarkable Statements for Ripple: It May Leave Bitcoin Behind. A popular cryptocurrency analyst recently announced that he believes the price of XRP will soon significantly outperform Bitcoin based on a key technical indicator. Popular cryptocurrency analyst Cryptoinsightuk revealed in a post shared on social media platform According to the popular analyst, the XRP/BTC pair monthly Relative Strength Index (RSI) is currently at its lowest level ever and has fallen so significantly in the last two events that XRP is up 5,251% and 498% against the flagship cryptocurrency. A Prize Pool Worth 21 Million TL is Awaiting You from BinanceTR! Participating and winning has never been easier. Sign up to #BinanceTR from this link and get your first crypto! However, the analyst noted that he can see many potential positive catalysts coming for #XRP and that sentiments can change extremely quickly when the narrative of something changes. It is worth noting that the price of #XRP has significantly underperformed the flagship cryptocurrency, falling approximately 15% since the beginning of the year and rising only 0.8% in the last 12 months. Meanwhile, Bitcoin's price is up 61.5% so far this year and over 150% in the last 12 months; This was facilitated in part by the launch of spot Bitcoin exchange-traded funds in the US. providing institutional investors with exposure to cryptocurrency. BlackRock's iShares #Bitcoin Trust (IBIT), in particular, has seen its Bitcoin holdings surpass Grayscale Bitcoin Trust (GBTC), making it the world's largest exchange-traded fund offering investors the opportunity to invest in Bitcoin. Analysts attribute this change to Grayscale's high fees; This led investors to BlackRock's lower-cost alternative after GBTC was converted into a spot Bitcoin ETF fund and at the same time many of these ETF funds began trading in the United States. $BTC $XRP
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