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CryptoTalisman
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$BNB
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Today Market Update Market Overview: $BTC surges and #altcoins rally. The market's focus has shifted back to the speculation of AI, meme coins, and new public chains US stocks have reached new highs, boosted by the November CPI inflation data, which has raised expectations for an interest rate cut by the Federal Reserve next week. Market Highlights: AI sector such as TURBO, CTXC, GOAT, ACT, AI16Z, VIRTUAL, and FARTCOIN. Many AI meme coins, like AI16Z and FARTCOIN, have reached new highs. This trend aligns perfectly with the US stock market. After speculating on AI hardware infrastructure, the market is now moving towards AI software applications. This logic is similar to the market’s pattern of speculating on Apple’s hardware and then shifting to mobile games and apps. The meme coin $PNUT surged and is listed on Coinbase. The potential for growth has opened up, with its market cap likely to benchmark against PEPE’s market cap. Recently, Coinbase has been listing more meme coins, while Binance has added more VC tokens. $SUI has surged, with its ecosystem projects like CETUS also seeing gains. SUI has launched a global accelerator program. New tokens on Binance, such as ORCA and ACX, have rebounded from previous lows. However, VC tokens like ME and MOVE are experiencing a gradual decline after initial spikes. The new DeFi token HYPE hit a new market cap high, reaching $16 billion.
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If you have been following me closely, you will notice I often share the importance of holding good exchange tokens like $BNB and $BGB Aside the fact that they have massive potential to generate good ROI, they let you acquire new tokens for free by simply staking your holdings. Lost count of tokens in my PF as a result of staking either in launchpool or poolX. As $XION launchpool concludes on Bitget in few hours, here is a gain for staking $8k BGB within 5 days. However, I am not selling right coz XION has prospect to touch $30 - $50 this cycle and a listing on Binance could position it for massive adoption Overall, ensure to HODL tokens like BGB and BNB and use it to farm new tokens for free. It has made me free thousands of $USDT
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While $BTC and #Altcoins continues to undergo correction, you might be tempted to panic sell but that's a wrong move coz you will end up buying high when the correction is over. In market conditions like this, staking has proved to be an effective/efficient way to maximize your holdings that's what Bitget is offering #BTC☀ holders in a newly launched event. By staking your Bitcoin, you not only earn APR but also BGPOINTS
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The #Altseason is officially here and $BTC dominance will continue to wane over the next couple of weeks. Leveraging the Diamond Thursday Event on Bitget has been a good strategy for me to increase my holdings. The 4th round is here after 3 successful edition with a total prize pool of 950,000 worth of $DOGE distributed over the 3 editions In this 4th edition, simply trade tokens like BTC, SOL, DOGE, XRP and $TRX and grab a share of trending hot tokens worth $150,000 USDT. 🔥🔥🔥
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Performance analysis of top centralized exchange tokens in 2024 $BNB price 1st January 2024 was $312 BNB price ATH as of December 4th 2024 is $788 ( An increase of 153%) BGB price 1st January 2024 was $0.579 BGB new ATH as of December 6th, 2024 is $2.4292 ((An increase of 320%) OKB price 1st January 2024 was $55.6 OKB price as of December 6th 2024 is $60.43 ( An increase of 9%) KCS price 1st January 2024 was $10.30 KCS price as of December 6th 2024 is $13.51 ( An increase of 31%) MX price 1st January 2024 was $2.776 MX price as of December 6th 2024 is $3.83 ( An increase of 38%) #BNB and #BGB has obviously been the standout among other exchange tokens with Bitget a bit ahead. As we head into the bullrun, which of these tokens do you think has better price action prospect?
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