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#GasFeeImpact if the network experiences high traffic, gas prices may increase. On the other hand, they could decrease if there is not much traffic. Therefore, understanding network congestion and timing transactions accordingly can help users manage their gas costs effectively. What happens with gas fees? These fees represent extra costs that come with every transaction. They help keep the network running and safe by paying for the computing power needed. Gas fees go to the network's validators, who check and record transactions. Where do gas fees go? The gas fees go to the validators who verify and add blocks of transactions to the blockchain. For blockchains that use crypto mining, gas fees go to miners. For blockchains that use a proof-of-stake system, gas fees go to validators who have staked their cryptocurrencies What causes high gas fees? Gas fees serve as a mechanism to compensate miners for their computational work, but various factors, such as increased demand, network congestion, and the complexity of transactions, contribute to elevated costs. What happens if I don't pay gas fee? What happens if you don't pay enough gas fees? Setting the gas price or gas limit lower than a certain required amount may result in failed transactions. If this occurs, the amount of gas would still get deducted from your wallet but the transaction wouldn't go through.
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Here’s Why You Need to Hold 1,000 to 10,000 XRP Ripple has been actively engaging with policymakers. In particular, CEO Brad Garlinghouse has discussed blockchain’s role in the financial system with U.S. leaders, including President Donald Trump. If the U.S. government were to leverage Ripple’s 37.7 billion escrowed XRP for national financial strategies, some believe it could help offset the national debt, which currently stands at $36 trillion. Why Holding 1,000 to 10,000 XRP Could Be Life-Changing For investors accumulating XRP now, these price scenarios represent significant upside potential. Here’s how different holdings would translate if XRP reaches these targets: Even in the more conservative ETF-driven scenario, a 1,000 XRP investment today ($2,580) could turn into $5,540. If XRP were ever to reach $955 as a reserve asset, a 10,000 XRP holding could be worth an astonishing $9.55 million. While these projections are enticing, they remain speculative, and there is no guarantee any of the projected illustrations could materialize.
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Why the Ltc price going up and down Litecoin price hit $128 on Thursday, retracting 5% from the 30-day peak of $140 recorded after the US SEC’s confirmation of Bitwise’s LTC ETF filing. $LTC Whales have acquired $500 million worth of LTC in the last 14 days, with institutional players making strategic moves. Rising average transaction size signals increased whale presence, which could provide buffer against volatility amid profit-taking. Litecoin price hit $121 on Thursday, retracting 5% from the 30-day peak of $130 recorded in the aftermath of the US SEC’s confirmation of Bitwise’s LTC ETF filing on Wednesday. Can bulls revive the $150 breakout attempt or succumb to a $120 reversal? Litecoin (LTC ) has exhibited strong price action in the second half of February, mirroring the broader cryptocurrency market’s $LTC
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Ltc has never been the loudest name in the crypto space. No constant hype, no daily social media talks. But sometimes, steady growth speaks louder. And lately, LTC has been making moves that are hard to ignore, reports Santiment Over the past few weeks, something interesting has been happening. Litecoin’s market cap? Up 46% in the last two weeks. Network activity? In late August 2024, the blockchain was processing $2.8 billion in daily transaction volume. Fast forward to this past week — it is now handling $9.6 billion per day. Booming. What’s driving this? ETF talk as CoinShares, a well-known financial firm, has filed to list a Litecoin ETF on Nasdaq, and the SEC has already started its review process. No guarantees, of course, but market analysts are throwing around a 90% probability that approval could come by the end of 2025. Given the current regulatory environment, it’s not a stretch. #LitecoinETF Bitcoin got its ETFs first, back in early 2024. Now, Litecoin is being watched closely as a potential next-in-line. If approved, an ETF would allow investors to gain exposure to LTC through a regulated stock market — no need to manage private keys, no need to deal with crypto wallets or make it to centralized offshore exchanges.
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#LitecoinETF Litecoin has broken out of a symmetrical triangle, targeting $194, with $200 as the next psychological resistance. ETF speculation and market resilience fuel LTC’s bullish momentum, with analysts predicting a potential $800 price target. LTC/BTC bottoming out aligns with past Litecoin bull runs, signaling a possible triple-digit percentage rally in USD terms. Litecoin (LTC) has entered a decisive breakout phase, signaling a potential rally toward $200 in the coming weeks. Major firms like Grayscale, Canary Capital, and CoinShares are currently pushing for LTC ETF approval. Bloomberg analysts estimate a 90% approval probability in 2025. #Write2Earn
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