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WILL PEPE COON GO UP?? #FollowForMoreInsights PEPE token that is a picture of a frog and has a low-quality website is worth several billion dollars. Yes, you read that correctly. The token is called PEPE and has taken the crypto world by storm. The token has seen astronomical gains in recent months. In the past year alone, #Pepe saw a growth of over 1000%, but many are wondering when, or if, the fairytale run will end. Let's take a look at what experts and the top AI algorithms are saying about where the price could go in the future in these $PEPE price predictions.#MarketCorrectionBuyOrHODL with most other cryptocurrencies, PEPE’s price is a reflection of market supply and demand. The supply is capped at 420.69 trillion tokens, so the price is exclusively the result of market sentiment. So, with this in mind, it is only possible for PEPE to go up if people continue buying it. For this to happen, the project has to remain relevant as well as support a strong community of HODLers. While the project has been able to do this so far, sustaining it is much more difficult. If the creators can continue to support their users in this way, then PEPE could go up.
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IS RIPPLE STABLE COIN A GAME CHANGER ??(RLUSD) #FollowForMoreInsights Shortly after its launch, the stablecoin briefly started trading at roughly $1.68 due to significant demand as well as a supply shortage. However, its price stabilized, as expected, in a relatively short period of time. Tether (USDT), a juggernaut with a $140 billion market cap, is the biggest stablecoin by a huge margin. Circle's USDC comes in second place with $42.8 billion. Ethena USDe (USDE), a synthetic stablecoin that is powered by the Ethereum blockchain, is in third place with $5.9 billion. #XRPGoal In order to appear among the top 10 biggest stablecoins, RLUSD's market cap would need to surpass half a billion dollars. RLUSD has been pitched as a fully regulated stablecoin, which is supposed to set it apart from some other competitors. Recently, SWIFT veteran Andre Casterman described $XRP (RLUSD) as a game changer for the cross-border payments sector. #writetoearn
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WHY BINANCE SQUARE ?? #FollowForMoreInsights Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history. #writetoearn
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VELODROME FINANCE PRICE SURGED AND REACHED THE YEAR-TO-DATE HIGH AFTER GETTING LISTED BY BINANCE. #FollowForMoreInsights Velodrome Finance Velodrome Finance velo 12.04% $VELODROME Finance, one of the biggest players in Optimism’s Optimism op -2.34% Optimism ecosystem, jumped to a high of $0.0335, up by 810% from its lowest level this year. Its rally brought the total market cap to over $282 million. VELO’s jump happened after Binance, the biggest crypto exchange in the industry, listed its token with a seed tag. That listing will give it exposure to millions of customers who use the Binance platform. Data by CoinGecko shows that most VELO tokens are traded on exchanges like MEXC, OKX, Gate, and XT. As such, because of Binance’s scale, the odds are that its volume will rise in the next few days. Historically, cryptocurrencies rally when they are listed by major exchanges. These gains, however, are often short-lived as the hype eases. #velodrome has become a top player in the decentralized finance industry. Its total value locked has risen to over $100 million, while the DEX volume in the last seven days stood at over $700 million. This makes it bigger than other popular Optimism DEX networks like Uniswap (UNI), WOOFI, Beethoven, and Curve Finance. Velodrome Finance has handled over $20 billion in assets cumulatively, a trend that may continue as the crypto bull run accelerates. Most DEX networks, led by Raydium and Uniswap, have seen a sharp increase in volume this year, with their November volume rising to over $371 billion. #writetoearn
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