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ENSIGN TRADING
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#USDT-DOM - it is Coming Down Good Sign For
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I declare in the name of Jesus that this month of September will be glorious for me and everyone that comes in contact with this post! May God bless us richly in all things and what we have lost will be restored a thousand folds to the glory of our Lord Jesus! This month is blessed in the name of Jesus 🙏🏽
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📱Elon Musk’s X has already declared it aims to compete with LinkedIn for job listings and PayPal for payments. Now, it wants to take on the likes of Zoom, Google Meet, and Microsoft Teams with a video conferencing tool.
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Here's the Analysis of #CREAM : #CREAM is been dumping alot and reached the listing price in binance and a major support zone of $14.25 - $15.60 and currently, moving within the a small channel pattern. A breakout will decide the directional move, but the trend looks heavily bearish so can;t expect much bullish move.
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What Is the Solana Virtual Machine (SVM)? The Solana Virtual Machine, or SVM, is the system powering Solana's ability to handle thousands of transactions per second. In simple terms, SVM is Solana's execution environment. It's the software that runs and processes all the transactions and smart contracts happening on the network. You can think of it like a decentralized computer processing power distributed across all the nodes validating transactions on Solana. SVM helps with the initiation of a transaction on Solana by executing the required code and modifying Solana's state accordingly. How Does the Solana Virtual Machine (SVM) Work? SVM isn't one centralized system - it operates as separate instances (called validators) across the nodes validating transactions on Solana. Each validator runs its own isolated version of SVM locally. This distributed arrangement is vital for security and scalability. It means if there's a bug in a smart contract, it won't crash the whole network. And it enables Solana to spread the workload across many parallel processors, rather than being constrained to one centralized server. These SVM instances execute the transactions and smart contracts by translating the code into instructions the validators' hardware can comprehend. Although highly technical, the key takeaway is that SVM allows Solana to run complex programs in a distributed way across many nodes.
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The recent breakout of #SOLUSDT above the descending resistance, now turned support at $115.00, is setting the stage for a potentially explosive move. The symmetrical triangle pattern has finally given us the breakout we’ve been waiting for, and the next big target to watch is the key resistance level at $165. If #SOLUSDT can maintain its momentum here, we might be on the brink of a powerful bullish rally, echoing previous surges. Be extra vigilant around the demand area at $110. A daily close below this level could shatter the bullish outlook and pave the way for deeper declines.
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