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Bitcoin Dumps To $42,000 Triggering $338 Million In Liquidations
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A.I Cryptocurrency Internet Computer (ICP) Takes A Further 10% Hit, Here’s Why The cryptocurrency market is no stranger to volatility, but the recent performance of Internet Computer (ICP) has raised eyebrows as it takes another 10% hit. Despite its ambitious goals and high-profile partnerships, Internet Computer (ICP)’s price continues to struggle. As the market watches this downturn, a new contender, Mpeppe (MPEPE), is gaining attention with its promising presale performance. The question on everyone’s mind is: why is ICP faltering, and could Mpeppe (MPEPE) be a better investment? The Rise and Fall of Internet Computer (ICP) Internet Computer (ICP) was launched with a bold vision—revolutionizing the internet by enabling developers to build websites, enterprise IT systems, and internet services directly on its blockchain. The project, led by the DFINITY Foundation, aimed to decentralize the web, offering a new era of internet freedom and efficiency. However, despite its initial success and substantial backing, Internet Computer (ICP) has faced significant challenges in maintaining its market value. Recently, Internet Computer (ICP) experienced a 10% drop, continuing a downward trend that has been difficult for the token to shake off. Several factors have contributed to this decline, including market sentiment, competition from other projects like Mpeppe (MPEPE), and the complexities involved in the Internet Computer (ICP) ecosystem. ICP’s Involvement in Crypto AI One of the most recent developments for Internet Computer (ICP) was its partnership with Crypto AI, Europe’s leading Crypto AI conference, as a title sponsor. Announced in August 2024, this partnership was seen as a strategic move to align ICP with the growing field of artificial intelligence (AI) within the blockchain industry. The conference, set to take place in November 2024 in Lisbon, has attracted numerous high-profile speakers and influencers. $ICP #USDataImpact #NFPWatch #TON #ICP. #Write2Earn!
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Solana (SOL) Fails To Maintain $130, Can SOL Skip To $150 In September? Analyst Doubt Solana (SOL) has been a hot topic in the cryptocurrency market, especially after its remarkable performance in 2023. However, 2024 has been a rollercoaster year for SOL, marked by significant volatility and uncertainty. Despite efforts to stabilize, including Binance’s announcement of a new staking service for Solana (SOL), the token has struggled to maintain its position above $130. As September unfolds, the big question is whether Solana (SOL) can make a comeback and possibly reach $150. However, analysts remain skeptical about its short-term prospects, especially when compared to the meteoric rise of Mpeppe (MPEPE), a new meme coin that’s capturing the attention of the crypto community. Mpeppe (MPEPE): Rising Amid Solana (SOL)’s Struggles While Solana (SOL) faces challenges in maintaining its momentum, Mpeppe (MPEPE) has emerged as a promising alternative for investors seeking high returns. Mpeppe, a meme coin with a rapidly growing community, has shown remarkable progress in its presale stages. As SOL struggles to hold its ground, Mpeppe (MPEPE) has already reached 97% completion of Stage 3 of its presale, signaling strong investor interest and community support. This stark contrast in performance has not gone unnoticed by the crypto community. Investors who were once bullish on Solana (SOL) are now diversifying their portfolios by adding Mpeppe (MPEPE), anticipating that this meme coin could deliver substantial gains, potentially outperforming more established tokens like Solana (SOL) in the short term. $SOL #USDataImpact #NFPWatch #TON #Write2Earn! #SolanaUSTD
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Hi Guys, Just Look at my Tommorrow #TradingSignal of $BTC with 100% Accuracy and Profit. Anyone who trade this signal can comment. #TON #BTC☀ #Write2Earn! #btcupdates2024
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Can Solana Price Reclaim $200 in the Aftermath of Tron’s Vampire Attack? Tron has drawn users and liquidity away from Solana, leading to a significant drop in Solana price, user activity, and network fees, a decline in daily revenue. Solana price suffered the past few weeks as volume shifted to Tron following the SunPump platform’s launch, a so-called ‘vampire attack’ by SOL maxis. Tron founder Justin Sun announced his intentions to further increase usage of the network by harnessing the power of the meme coin industry. The strategic move by Sun led to significant shifts in trading volume, drawing attention to the contrasting fortunes of the two networks. Solana Price Suffers Following SunPump Launch A ‘vampire attack’ is a strategy in the crypto space where one blockchain or decentralized protocol attempts to siphon users and liquidity off another chain. On August 13, Justin Sun posted on SunPump, a Tron-based variation of the insanely successful Pump.fun on Solana. Over the following days, SunPump received a staggering inflow of volume and users, and the SUN token took off. Additionally, TRX price (red) began to surge, surpassing Cardano (ADA) and Ton (TON), while Solana price (blue), on the other hand, began to decline. Solana suffered not only in price but also in terms of users, volume, and fees. According to data from Dune Analytics, Solana total fees and Jito tips are down more than 50% since Justin Sun copied Pumpfun on Tron. It has also been noted that most of the fees generated on Solana are priority fees or MEV tips. That means that if the Solana ‘degens’ move to Tron, the network revenue from priority fees and MEV tips will gravitate to $0. For context, Solana had made an average of $1 million per day in revenue from fees. However, after the launch of SunPump, Solana revenue now struggles to break $500,000 daily. $SOL $TRX #TON #DOGSONBINANCE #Write2Earn! #TRONNetwork's #SolanaUSTD
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$TRX revenue surged 46%, closing the gap with Ethereum TRON network’s revenue saw an impressive rise in August while Ethereum recorded a notable decrease. According to data shared by Lookonchain, TRON’s TRX-2.69%TRON monthly revenue increased by 46.5% — rising from $41.9 million in July to $61.4 million in August. The network is second to Ethereum ETH-0.41%Ethereum with $62.6 million in revenue in August. The #TronNetwork’s gas revenue saw a 46.54% increase in August. Compared to July, #BSC's gas revenue also saw a 6.63% increase in August, while gas revenue of #Ethereum dropped 33.44%, #Solana dropped 48.51%, and #Bitcoin dropped 16.85%. Data shows that Ethereum’s revenue plunged 33% from July’s $94 million mark. Per a crypto.news report, TRON’s daily revenue reached an all-time high of $5.33 million on Aug. 22 after surpassing Ethereum. This happened after the TRON-based meme coin platform SunPump, Pump.fun’s competitor, gained increased attention from investors and traders. Data from Lookonchain shows that Solana SOL1.7%Solana secured the third spot with a monthly revenue of $25.6 million. Notably, Solana’s income was almost cut in half in August — falling from $49.8 million. Bitcoin BTC1.01%Bitcoin also recorded a 16.8% decrease in its monthly revenue — dropping from $24.9 million in July to $20.7 million in August. Per Lookonchain’s data, Binance Smart Chain’s monthly revenue increased by 6.6% — growing from $10.5 million in July to $11.2 million last month. According to data from crypto.news’ price page, TRX is the only token from the list to register a price surge over the past 30 days, marking a 22% rise. BTC and ETH declined by 4.4% and 16% in the past month. #TON #DOGSONBINANCE #Write2Earn! #TRX✅
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