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#TaylorSwift Swift meme coin crashes; here's all you need to knowđšđ„ The internet has a way of making a mockery of almost any event, whether light-hearted or deadly serious. The most recent expression of this ability occurred in the cryptocurrency markets between September 15 and September 16, when an obscure Taylor Swift-themed meme coin, SWIFTIES, plunged 9.25% from $0.02863 to $0.02417. The strange link between SWIFTIE and the Trump assassination attempt Such decline can be attributed to a bizarre sequence of events, which first saw Taylor Swift endorse the Democratic candidate, Vice President Kamala Harris, in the wake of the most recent debate. Then, on the morning of Sunday, September 15, former President Donald Trump posted on his social media platform, Truth Social, simply stating, âI hate Taylor Swift.â On the other hand, KAMAâs fortunes offer an interesting mirror to the performance of arguably the biggest asset entangled in the Presidential race and its ups and downs â the stock of Trump Media (NASDAQ: DJT). While the quick collapse of DJT following the September 10 debate may indicate investors were left unimpressed by the Republican candidate, the same can be said about Harrisâ followers â at least within the crypto community â given the Horris meme coinâs price action.
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â ïžFutures trade signal!â ïž đ#TIAUSDT LONG đȘLeverage 10X - 20x Buy price 4.40-4.45 â ïžSTOP : 4.10 đąTarget 1: 4.50 đąTarget 2: 4.55 đąTarget 3: 4.70 âïžTarget 4: đ„đ„đ„đ„
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đ„đ„Polygon's POL (MATIC) Token Spikes 15% on Binance Listing #Matic #pol Polygon's native token POL surged 15% on Friday as crypto exchange giant Binance said it added the token to its platforms, marking the completion of the token's upgrade and rebrand from the longstanding MATIC. POL jumped to nearly $0.45 from around $0.38 earlier today, hitting its highest price since late August. It has retraced some if its gains recently, but the token is still up 15% over the past 24 hours, outperforming the roughly flat bitcoin (BTC). It also was the best performing asset in the broad-market benchmark CoinDesk 20 Index during this period. Polygon introduced last week the upgraded version the network's token, POL, migrating from its longstanding token MATIC. The transition also brought some changes in tokenomics, introducing a new token emission rate of 2% annually.
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â ïžFutures trade signal!â ïž đ#COTIUSDT LONG đȘLeverage 10X - 20x Buy price 0.08000-0.08050 â ïžSTOP : 0.07950 đąTarget 1: 0.08400 đąTarget 2: 0.09000 đąTarget 3: 0.11000 âïžTarget 4: đ„đ„đ„đ„
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Ethereum stablecoin volume hits record $1.46 trillion as DeFi demand surgesđ„đ„đ„đ„ Ethereum's on-chain stablecoin volume has reached an all-time high of $1.46 trillion, an impressive feat considering the wider market conditions. Stablecoin volumes have more than doubled from $650 billion at the start of the year. #DAI +0.066% , the decentralized stablecoin, is leading the charge with a staggering $960 billion in volume. This surge underscores the growing appetite for decentralized finance solutions and could indicate increasing trust in algorithmic stablecoins. However, when filtered, DAI volume ranks behind #USDT +0.14% and #USDC +0.14% , suggesting there is likely wash trading and numerous transfers. Meanwhile, the new kid on the block, PYUSD +0.11% , is flexing its muscles, growing from $500 million to $2.4 billion. PayPal's incentive programs seem to be paying off, highlighting how traditional finance giants are looking to explore crypto. USDC and USDT continue to hold their ground, providing the sturdy infrastructure that much of DeFi is built upon. The growth in stablecoin usage is more hopefully indicative of a maturing ecosystem. Higher stablecoin volumes mean deeper liquidity pools, reducing slippage and improving overall market efficiency.
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