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🚀 The TRUMP token is shaking up the crypto world, skyrocketing to the 21st largest digital asset with an $11B market cap in just two days! On Binance, the TRUMP/USDT pair is the star, making up 13.3% of the exchange's volume. 📈 But hold your horses, bulls! A bearish divergence in derivatives signals caution. Open interest in TRUMP futures is up 6%, but the cumulative volume delta has dropped, hinting at increased selling. Longs are paying a hefty 170% funding fee—ouch! Is the market overheating? Share your thoughts below! Are you bullish or bearish on TRUMP's future? 🤔
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🚀 Solana's weekend was a whirlwind! Donald Trump's TRUMP token launch on Saturday sent trading volumes soaring, with the network raking in over $35M in fees and $14M in revenue. That's more than double the frenzy from AI Agent tokens last November! 📈 SOL tokens saw a massive demand spike, with trading volumes skyrocketing from $3B to $26B in just 24 hours, marking a 46% weekly gain. SOL's journey from its $9 low last December is nothing short of spectacular! Even Melania Trump joined the fun, launching her memecoin, causing TRUMP to dip 50% briefly. Share your thoughts on Solana's wild ride in the comments!
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🚀 Bitcoin skyrockets past $109K as Trump gears up for inauguration! The crypto world is buzzing with excitement as BTC hits a record high of $109,333 on Binance. Trump, a vocal crypto supporter, highlighted Bitcoin's stellar performance alongside a booming U.S. stock market. 📈 With promises to make the U.S. the "crypto capital of the planet," investor optimism is soaring. The launch of TRUMP and MELANIA memecoins has added fuel to the fire, attracting retail users and boosting market momentum. What are your thoughts on Bitcoin's trajectory? Share in the comments! #CryptoBuzz #BitcoinHigh
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🚀 Ethereum Layer 2s are hitting a scalability wall! Gautham Santhosh from Polynomial.fi warns that 55% of blob space is consumed by just two chains, BASE and World Chain. With demand soaring, we're seeing base fees spike, impacting DEXs and users alike. 📈 Blobs, crucial for bundling transactions, are in high demand, pushing fees over $50 at times. The upcoming Ethereum Pectra upgrade in 2025 aims to increase blob limits, but Santhosh suggests this might only be a temporary fix. What do you think? Are we ready for this challenge, or is more innovation needed? Share your thoughts below! 💬
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🚀 Balaji Srinivasan, ex-CTO of Coinbase, weighs in on the Trump memecoin frenzy, likening it to gambling! With a market cap nearing $10B, he warns of the zero-sum nature of memecoins, where initial spikes often lead to crashes. 🎲 He advises treating them as entertainment, much like a Vegas trip, rather than serious investments. Balaji defends Bitcoin, highlighting its long-term value and robust infrastructure. Meanwhile, the Trump memecoin craze has drained liquidity from others, with top memecoins like DOGE and SHIB dropping over 10%! What do you think? Are memecoins just a gamble? Share your thoughts!
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