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How I feel during even the slightest drop 😕
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🪙 Tether’s USDT Stays Strong in Europe Tether’s CEO stated that exchanges are not planning to delist USDT for European users—except Coinbase, which supports Circle’s USDC.🦾
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Memecoins Lost $40 Billion in December: Is the Hype Over? Memecoins skyrocketed to a total market capitalization of $137 billion in early December, only to crash to $92 billion by the end of the month, losing $40 billion. The extreme volatility left many traders in the dust, while a few managed to profit from the chaos. What happened? On December 1, memecoins had a market cap of $120 billion, climbing to $137 billion by December 9. By December 23, it had plummeted to $92.6 billion, marking a 32% drop for the month. Pepe’s wild ride Pepe, one of the largest memecoins, hit an all-time high after being listed on Binance.US. Its price rose to $0.000026 on December 9, only to fall to $0.000017 by December 20. Big winners A trader who invested $27 in Pepe and held for 600 days cashed out in December, turning it into $52 million—a mind-blowing 1.9 million percent profit. Another investor turned $3,000 into $46 million in just a month earlier this year. Memecoins are a wild ride: enormous gains for the lucky, devastating losses for the rest. Are they still worth the gamble?
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💼 In January, tokens worth $7.1 billion are set to be unlocked, according to Tokenomist data
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👀 USDT & BTC in the Spotlight Tether teases big announcements for 2025, promising new use cases for Bitcoin and USDT Hey, friend, what do you think they’re cooking up?
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🚀 Stablecoin Market Hits $200B: USDT Still Dominates Total stablecoin market cap surpasses $200B, up 6.93% in the last 30 days. USDT holds 69%, USDC at 21%, and USDe enters the game with 2.95% The stablecoin race is heating up🥷
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