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AREWA CRYPTO
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is Bull Run Over till after 4 years ?
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Cryptocurrency Monthly Exchange Volume: 2024 Insights The chart showcases significant trends in monthly cryptocurrency exchange volumes across major platforms in 2024. Here's what stands out: March Peak: Exchange volumes spiked in March 2024, exceeding $2 trillion. This surge was likely driven by heightened trading activity following market optimism and a Bitcoin price rally. Steady Consolidation: After the March peak, volumes stabilized, reflecting a maturing market. Binance maintained its dominance, while other exchanges like Upbit and Bitget showed consistent contributions. November Revival: A notable increase in trading volume occurred in November 2024, hinting at renewed market enthusiasm and possibly the influence of institutional investors or other fators.
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Meme Coins: The Top Crypto Narrative of 2024 Meme coins have cemented themselves as a new class of assets in 2024, with the sector's capitalization skyrocketing 5x to surpass the $120 billion mark, according to DWF Labs. This staggering growth highlights the power of community-driven narratives and their ability to dominate the market. Meme Coins Lead the Way CoinGecko identified meme coins as the biggest crypto narrative of 2024, commanding a 14.36% traffic market share - ahead of other trending categories like Artificial Intelligence (12.58%) and Real World Assets (8.64%). The chart also highlights the growing interest in niche categories, such as Solana Meme Coins and gaming-related projects.
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🎉 Bitcoin Spot ETFs Celebrate 1 Year! 📊 The first orange bar on the tracker comparing Bitcoin ETFs to gold ETFs is officially filled—and the results look promising! A solid start for BTC's institutional adoption journey. 🚀
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Michael Saylor claims the first nation to print its national currency to buy BTC will gain a significant advantage. 🌍💰 Interestingly, MicroStrategy is already doing something similar—issuing its shares (MSTR), which Saylor likens to a "currency," and using the funds to purchase Bitcoin. 🚀
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