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Traders brace for volatility as $525M in crypto options set expire on Dec. 27
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Capital Momentum: BTC vs ETH vs SOL The chart below shows the monthly percent change in Realized Cap for Bitcoin (BTC),Ethereum (ETH), and Solana (SOL). This metric acts as an indicator of the rate and direction of capital inflows or outflows for these assets. Diminishing Momentum on Solana 📉 During the recent market downtrend, the monthly rate of change in Realized Cap for SOL has plunged below both BTC and ETH. This indicates a faster decline in momentum for Solana compared to the other two assets. Current monthly Realized Cap Change (%/30D): • BTC: +10.87% • ETH: +5.43% • SOL: +2.19%$BTC $ETH $SOL
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$SUI/SOL hit my Target 2 ✅😎
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🚀 Floki ETP Launching Soon in Europe! 📈 Floki, the meme-turned-utility project, is on track to launch an exchange-traded product (ETP) in Europe by early 2025. 💰 Developers aim to allocate part of the treasury's 16 billion tokens for early liquidity support, allowing regulated investors to gain exposure to FLOKI. 🌐 If approved, FLOKI will become only the second meme token, alongside Dogecoin, with an institutional product in Europe. $FLOKI
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⚡️ BULLISH: US Bitcoin ETFs now have more assets under management than gold ETFs. Spot Bitcoin ETFs have been on the market in the US for less than a year 🔥
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🚀 South Korea’s Crypto Surge! 📈 Over 30% of South Koreans are now crypto investors, with 15.59 million holding digital assets as of November 2024. 🚀 Daily trading volumes have reached 14.9 trillion won, rivaling traditional stock markets. 💡 Newcomer iDEGEN raises $8.9 million in its presale, integrating AI and an innovative pricing model to capture attention. The future of crypto in South Korea looks promising!
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