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As a result of the #whale’s accumulation, its price exploded by over 57% over the past week. The #cryptocurrency #TRU is up over 133% over the last 30 days, and up over 258% since the beginning of the year.

As a result of the #whale’s accumulation, its price exploded by over 57% over the past week. The #cryptocurrency #TRU is up over 133% over the last 30 days, and up over 258% since the beginning of the year.

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Grayscale Sells All $ADA From Large Cap Fund, Cardano Price Falls The Cardano (ADA) price has dropped 12% since the week began, including a 2.6% decline today. ADA is the 9th biggest cryptocurrency with a $20.27 billion market value. The crypto market is mainly sideways to downward, with ADA losing more than its peers like ETH (7.4%), BNB (6.4%), Solana (6.3%), and XRP (6.1%). Cardano's faster decrease may be due to the Grayscale Digital Large Cap Fund's sale of all ADA holdings. On January 4, the $579 million fund held 1.62% of its portfolio, or $9.4 million, in Cardano. Grayscale Investments revealed the decision Thursday at its first-quarter 2024 review. The official news announcement said that GDLC sold Cardano and allocated the cash profits to Fund Components according to their weightings. This rebalance removed ADA from GDLC's portfolio. The fund's ultimate composition on April 3, 2024, is Bitcoin (70.96%), Ethereum (21.84%), Solana (4.52%), XRP (1.73%), and Avalanche (0.95%). According to the press release, Grayscale sold Cardano (ADA) and used the cash proceeds to buy Fund Components in proportion to their weightings in line with the CoinDesk Large Cap Select Index methodology. After rebalancing, Cardano (ADA) was withdrawn from GDLC. Grayscale also emphasized the quarterly examinations of the GDLC, DEFG, and GSCPxE Fund compositions to update or add Fund Components depending on Index Provider index methodology. This ensures the funds' holdings match current market trends and asset performance. Cardano remains in the Grayscale Smart Contract Platform Ex-Ethereum Fund. The coin ranks second behind Solana (58.41%) with 14.56% weighted. This concise statement captures the volatility of crypto investments and the huge influence that large financial firms like Grayscale may have on digital asset markets. ADA traded at $0.57 press time. For short-term bullish momentum, ADA must exceed the 100-day EMA at $0.58. Three times since mid-January, the 100-day EMA has provided solid support. #BullorBear #ada #cardano
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Addition of 35 New decentralized applications to #Binance Web3 Wallet Finalized Binance has announced the formal completion of the integration of 35 additional decentralized applications (dApps) into its Binance Web3 wallet. Through the wallet, users can easily engage with various decentralized applications. The Binance #Web3 Wallet now supports a wider variety of decentralized applications, according to an announcement by Binance. Aevo, Ambient Finance, BAC Games, bevm.io/brdige, Blast Off, Blaster Swap, Celluar, CryptoMaze, Cyber8Ball, Ethena, ether.fi, FBPAY, Jumper.Exchange, Kinza, LayerSwap, LifeForm, Link3, Lista DAO, OmniBTC, Particle, Puffer.fi, Satori Perp, Satoshi Protocol, Syclub, SyncSwap, SynFutures, Thena Finance, Ulti-pilot, Whales.Market, XY Finance, Zerolend, zkSwap Finance, Zorro. Binance mentions in its official statement that the Binance Web3 Wallet makes it easy for users to connect with decentralized applications (dApps). To begin, just launch the Binance app and go to the Wallets, Web3, Discover, and DApps sections. Secure and built right within the Binance app is the Binance Web3 Wallet, a self-custodial cryptocurrency wallet. Aiming for innovation, security, and a frictionless experience, the wallet was designed. An intermediary between Binance and Web3, the Binance Web3 Wallet acts as a bridge, so says the exchange. All from a single wallet, users can engage with different blockchains, exchange tokens, and earn yield while exploring different decentralized applications (dApps). Strengthening Know Your Customer (KYC) Requirements for the Binance Link Program In addition, Binance stated earlier today that the Binance Link Program will need stricter identity verification procedures in order to meet new compliance criteria. Through the Binance Link Program, institutional customers may integrate Binance technology into their operations, increase their access to the exchange's liquidity and market depth, and earn a commission on trading costs. #BinanceLaunchpool
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According to a major exchange, the most traded cryptocurrency is Shiba Inu, not Bitcoin or Dogecoin. Even after all this time has passed since its establishment, the Shiba Inu community has shown to be nothing short of remarkable. The popularity of the canine-themed currency has led to an increase in its trading volume across several exchanges, as it has even surpassed other coins in terms of volume. Bitcoin stood out from the crowd as the only cryptocurrency not associated with memes. Pepe (PEPE), which had gained a lot of traction following a 500% month-over-month increase, came in third. Following that, we have Floki (FLOKI), yet another meme cryptocurrency that had a phenomenal March. Finally, Dogecoin came in at number five, demonstrating that it has maintained its position as the market leader among meme currencies despite the influx of new, flashy coins. The research clarified the current market outlook of cryptocurrency investors, particularly those based in India. Meme coins seem to be attracting more investors than more established projects with practical applications, like Ethereum, as they account for the vast majority of volumes. SHIB Extends Its Wings Widely The meme currency has continued to gain exchange listings throughout the weak market and into the bull market, thanks to the continuous acceptance of Shiba Inu. Not long ago, Bitcoin.com was one among the exchanges that listed Shiba Inus. Official listing of SHIB for trading on the platform was announced on March 25 by the Australian branch of the exchange. Australia is one of the world's most rapidly expanding cryptocurrency markets, and this helps get the word out about Shiba Inu to potential new investors there. At this time, Shiba Inu can be found on every major exchange, including Binance, Coinbase, and Bitstamp. Listing SHIB may frequently be an excellent way for tiny exchanges to generate cash via fees, so they aren't left out. This is because meme currency trades occur at a high volume, which means that exchanges earn a lot of money. #BullorBear #SHIB #DOGE #pepe
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Forecasting the DogWifHat Price as #WIF Reaches $4 Billion Market Cap — Is $WIF Going to Surpass Dogecoin? A month after reaching a market worth of $4 billion, the price of #Dogwifhat (WIF) is retracing significantly. According to CoinMarketCap, the price of Dogwifhat dropped roughly 4% in the last 24 hours, and it was last trading at $3.51. With a decline of more than 25% from its heights last month, the market valuation of the Solana meme currency is now about $3.5 billion. Speculation of a potential retest of the 21DMA is now dominating the Dogwifhat bears' minds. Starting in late February, this level has provided solid support. However, the Dogwifhat price is now trying to find a floor near the $1.50 level, which was its high point in the middle of March. If a sufficient number of buyers re-enter the market, the bears may never achieve their goal of testing the 21DMA. There's no assurance of a rapid recovery since investors are cashing out in preparation for Bitcoin's halving this month. However, Dogwifhat's longer-term price risks are still heavily skewed in its favor. This means that price forecasts will probably continue to be optimistic. Where Will Dogwifhat's Price Go From Here? It is possible that WIF might fall all the way to support around $2.0 if it breaches south of its 21DMA and mid-March highs. From where things are now, it may indicate a further decline of over 45%. However, crypto investors will inevitably purchase the drop at some point since the market as a whole is still in a bullish position. DogWifHat Price Prediction: Will WIF Surpass Dogecoin Now That It Has Reached $4 Billion in Market Cap? And when contrasted with joke currency heavyweights like Dogecoin, WIF's market valuation is still very small, despite all the buzz. Last time we checked, Dogecoin's market value was little over $25 billion, according to CoinMarketCap. Assuming WIF to eventually surpass Dogecoin is a reach. However, WIF has the potential to have a market worth in the tens of billions at some point. #BullorBear #Memecoins
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#XRP ranges below the psychological $0.60 barrier on Friday. XRP is trading between $0.5643 and $0.6686, a tight range. At $0.5807 on Friday, the cryptocurrency fell below the psychological $0.60 mark. In 2024, Ripple will create a 1:1 USD stablecoin on XRPLedger and Ethereum. The cryptocurrency did not rebound after the news. April 4 marked Ripple's entry into the $150 billion market with a USD-pegged stablecoin. The remittance company stated the stablecoin would launch on $XRP Ledger and Ethereum in 2024. The payment giant wants to improve its payment infrastructure for institutional and DeFi customers, according to Ripple. The cross-border payment remittance provider recognizes that crypto's future is multichain and that stablecoins must be interoperable to be adopted. The USD-backed coin will be launched via DeFi applications and compatible with DeFi infrastructure, according to the company. The statement marked a turning point for the payment business fighting the US Securities and Exchange Commission (SEC) in court, but it did not boost XRPLedger's native cryptocurrency. Technical analysis: XRP holds steady despite encouraging news XRP has fallen from its March 11 year-to-date high of $0.7440. Since February 17, XRP has ranged between $0.5643 and $0.6686, failing to return to the local top despite repeated tries. XRP may sweep liquidity at $0.5386, the daily support level. In many retests since February 15, this level has supported. On the daily price chart, the cryptocurrency might rebound off support and fill the Fair Value Gap (FVG) between $0.6185 and $0.6204. Red bars below the neutral line on the Moving Average Convergence/Divergence (MACD) indicator suggest a support liquidity sweep. A daily candlestick close above $0.6147, the 50% Fibonacci placeholder of the advance from January 31 low to March 11 high of $0.7440, might disprove the bearish argument. XRP meets resistance at the FVG's upper barrier at $0.6204 and the daily resistance level at $0.6686, which has remained stable for over two months. #BullorBear #Ripple
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