MicroStrategy's Major Accumulation: The Cryptocurrency Bull Market Accelerates Further!
Last week, MicroStrategy made a significant purchase of 55,000 bitcoins at a cost of approximately $5.4 billion, shocking the market. This whale seems confident about the future price of bitcoin, not hesitating to aggressively accumulate even as prices approached $99,000. With such strong capital backing, it's no wonder that bitcoin has struggled to effectively correct!
The phenomenon of institutions rushing in shows that this bull market is not just a frenzy for ordinary investors, but also a battleground for Wall Street giants. Whenever MicroStrategy announces its accumulation news, bitcoin often experiences a brief dip, leading the market to speculate whether this is a prelude to a new surge.
Altcoins are starting to take the spotlight, with Puppies potentially becoming the next focus!🐾
At the same time, the performance of meme coins like Dogecoin is also heating up! For example, WIF, recommended by Shuqin, surged 15% in a short time, drawing attention to the explosive potential of the altcoin market. This is the charm of the "altcoin season"; despite high volatility, catching the rhythm can lead to doubling!
Puppies (PUPP), as a recently popular charitable meme coin, has attracted widespread attention due to its unique charitable attributes. This dog-themed coin contributes a portion of funds to support animal charities with every transaction, boasting extremely high community participation and enthusiasm. Notably, Elon Musk's mother has interacted multiple times with the Puppies community recently, further boosting the token's popularity.