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Bitcoin Price Evolution on New Year's Day (2015-2025)
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Here's Why The Dogecoin And Shiba Inu Prices Are Soaring Today The Dogecoin and Shiba Inu prices have surged significantly today, providing optimism for investors. This development is thanks to several factors that paint a bullish picture for the foremost meme coins Why The Dogecoin And Shiba Inu Prices Are Up CoinMarketCap data shows that the Dogecoin and Shiba Inu prices are up over 14% and 8%, respectively, in the last 24 hours. This price surge is due to some developments that provide a bullish outlook for the foremost meme coins. One of these developments is the fast-approaching inauguration of the US president-elect Donald Trump $BTC Trump’s inauguration provides a bullish outlook for the Dogecoin and Shiba Inu prices because of his pro-crypto stance. Moreover, Elon Musk’s Department of Government Efficiency (DOGE) is also set to come to life once Trump takes office. The department is bullish for Dogecoin because Musk coined the name from the meme coin’s ticker ‘DOGE.’ Another factor that has contributed to the Dogecoin and Shiba price surge is the optimism in the crypto that 2025 could be the biggest bull run ever. Crypto stakeholders like Binance’s former CEO Changpeng “CZ” Zhao have also fuelled this bullish outlook. In an X post, CZ asserted that 2025 will be the “send it” year. The Bitcoin price rebound to as high as $98,000 is another reason the Dogecoin and Shiba Inu prices have surged today. These meme coins share a strong positive price correlation with the flagship crypto, so they are bound to witness a rally alongside BTC. Further price surges can be expected, especially if Bitcoin rebounds above $100,000
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Dogecoin Whales Shuffle $23 Billion DOGE in One Day as Price Rebounds Dogecoin (DOGE) whales have actively conducted massive DOGE transactions in the past 24 hours. Their activity has resonated in the market, triggering a price rebound for the meme coin. This development has stirred the interest of investors in the ecosystem as they strategize to benefit from the price resurgence Whale transactions signal optimism for DOGE Notably, data from IntoTheBlock reveals that transactions worth more than $100,000 recorded within the DOGE ecosystem are valued at over $23 billion. This includes inter-wallet transfers, outright sales and movement between exchanges $BTC
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Shiba Inu Whale Takes Out 220 Billion SHIB Worth $4.63M from Binance A dormant Shiba Inu whale has withdrawn 220 billion SHIB, valued at approximately $4.63 million, from Binance after a five-month period of inactivity. Shiba Inu’s performance in December has been predominantly bearish, with the token experiencing a notable 25% decline over the month. Despite a 5% surge in the past 24 hours, SHIB’s price has struggled to recover from sustained losses. Meanwhile, the recent uptick has largely wiped out the weekly loss, now at a 0.54% dip, but a broader two-week analysis revealed a 7.7% drop. These downward trends coincided with significant whale activity and a major outflow from Binance, raising concerns about SHIB’s distribution patterns
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Word of the day 2024whitBinance #WOTD #wodl 3️⃣ BTC 4️⃣ HIGH _ YEAR 5️⃣ SPACE _ TRUST 6️⃣ REVIEW _ GROWTH 7️⃣ REWARDS _ MISSION _ LOYALTY _ PRODUCT 8️⃣ MONUMENT _ INNOVATE _ DISCOVER
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