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Stackin' up the paper, countin' up the stacks
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Coinbase Witnesses Largest Ethereum Outflow of the Year, Surpassing $1 Billion Coinbase saw the largest Ethereum outflow of the year, totaling over 336,000 ETH, worth more than $1 billion on June 12th. This marks the fifth instance in 2024 where over 150,000 ETH has been pulled from the crypto exchange in a single day. It is still unknown as to who is behind such a massive transfer of funds. $ETH
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Meme coins on the Solana blockchain brought the volumes of ecosystem decentralized exchanges to record levels. Trading volumes on the Solana network jumped 117% over the past week, reaching $15.82 billion for the week, according to DefiLlama. Meanwhile, over the past 24 hours, the total decentralized exchange (DEX) volumes on Solana amounted to $2.57 billion, exceeding the performance of platforms on Ethereum with $2.31 billion in 24 hours. Solana now accounts for almost 29% of the total volume on the DEX. #sol #HotTrends
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The cryptocurrency market cap has reached $2.5 trillion, with meme coins gaining significant traction. Galaxy Fox is emerging as a key player in this trend. The rise of memecoins Recent data from CoinGecko paints a vivid picture of the crypto market’s soaring trajectory, with the total market cap exceeding a staggering $2.5 trillion. Amidst this, meme coins have emerged as the talk of the town, boasting a combined market cap surpassing $40 billion. This meteoric rise in meme coin prominence has even outpaced the growth of other notable sectors within the crypto realm, including decentralized finance (DeFi) and non-fungible tokens (NFTs). #TrendingTopic
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From its array of automated tools to its focus on low-risk investment strategies, Investiva is poised to change the face of cryptocurrency trading. Numerous initiatives have been undertaken in the cryptocurrency industry to improve accessibility and streamline the trading experience for traders of varying skill levels. However, despite these efforts, much progress has yet to be made in effectively addressing the numerous challenges traders face. Many continue to incur losses in the financial markets, and many traders lack sufficient knowledge and guidance to succeed. A new cryptocurrency trading exchange, Investiva, has emerged in response to these challenges. Investiva is designed to simplify trading and provide support to traders of all levels, with comprehensive assistance for both newbies and expert traders. #TrendingTopic $BTC
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