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Rocketing to the Moon: Binance Coin (BNB) and Dogecoin (DOGE) Soar in Latest Market Surge! 📈
The latest surge in the crypto market has seen Binance Coin (BNB) and Dogecoin (DOGE) soar, alongside Bitcoin's overnight surge of $35,000.
Experts predict that these two coins will continue to perform well in the coming year as the entire market is expected to explode.
Despite regulatory pressures, Binance continues to dominate the digital currency exchange market, collecting over 50% of all spot volume on centralised platforms.
BNB was punished in the market due to regulatory uncertainties but has regained ground after the currency 25th quarterly burn, where 2.14 million tokens were burned for over $470 million.
The next price targets for BNB are $250 and $300, which could usher in a bull market for the currency.
Meanwhile, DOGE closed yesterday's daily candle up +10%, and analysts predict a rally is just around the corner, especially if it is implemented within Elon Musk's social platform X.
Despite recent overbought territory, prices for both BNB and DOGE are expected to stabilise within a few weeks before the rally resumes.
#BTC #BNB #DOGE #CRYPTO_VETERAN
$BTC $BNB $DOGE
The latest surge in the crypto market has seen Binance Coin (BNB) and Dogecoin (DOGE) soar, alongside Bitcoin's overnight surge of $35,000.
Experts predict that these two coins will continue to perform well in the coming year as the entire market is expected to explode.
Despite regulatory pressures, Binance continues to dominate the digital currency exchange market, collecting over 50% of all spot volume on centralised platforms.
BNB was punished in the market due to regulatory uncertainties but has regained ground after the currency 25th quarterly burn, where 2.14 million tokens were burned for over $470 million.
The next price targets for BNB are $250 and $300, which could usher in a bull market for the currency.
Meanwhile, DOGE closed yesterday's daily candle up +10%, and analysts predict a rally is just around the corner, especially if it is implemented within Elon Musk's social platform X.
Despite recent overbought territory, prices for both BNB and DOGE are expected to stabilise within a few weeks before the rally resumes.
#BTC #BNB #DOGE #CRYPTO_VETERAN
$BTC $BNB $DOGE
Why Pepe meme coin burned $5.5M Tokens 🚨🚨
Over the past 24 hours,
the Pepe meme coin (PEPE) has defied the dominance of Bitcoin (BTC) by experiencing a 31% surge in price following a token burn of 6.9 trillion ($5.5 million).
The token burn involves permanently removing tokens from circulation by sending them to an address not controlled by anyone.
This action has allayed concerns over the team's token holdings, leading to PEPE trading at a two-month high.
The team currently holds 3.79 trillion tokens ($3.72 million), which would have minimal impact if sold on the open market due to the surge in 24-hour trading volume, which now stands at $397 million according to CoinMarketCap.
The decision to burn tokens was prompted by a series of unexpected transfers executed by rogue developers who allegedly stole millions of dollars worth of Pepe from the project's multisignature wallet.
The tokens burned represent 1.6% of the memecoin's total supply.
The rise in PEPE coincided with Bitcoin rallying to a 17-month high of $35,000, driven by optimism surrounding the potential approval of a spot exchange-traded fund (ETF).
#BTC #PEPE #CRYPTO_VETERAN
$BTC $PEPE
Over the past 24 hours,
the Pepe meme coin (PEPE) has defied the dominance of Bitcoin (BTC) by experiencing a 31% surge in price following a token burn of 6.9 trillion ($5.5 million).
The token burn involves permanently removing tokens from circulation by sending them to an address not controlled by anyone.
This action has allayed concerns over the team's token holdings, leading to PEPE trading at a two-month high.
The team currently holds 3.79 trillion tokens ($3.72 million), which would have minimal impact if sold on the open market due to the surge in 24-hour trading volume, which now stands at $397 million according to CoinMarketCap.
The decision to burn tokens was prompted by a series of unexpected transfers executed by rogue developers who allegedly stole millions of dollars worth of Pepe from the project's multisignature wallet.
The tokens burned represent 1.6% of the memecoin's total supply.
The rise in PEPE coincided with Bitcoin rallying to a 17-month high of $35,000, driven by optimism surrounding the potential approval of a spot exchange-traded fund (ETF).
#BTC #PEPE #CRYPTO_VETERAN
$BTC $PEPE
Bitcoin's Bull Run Triggers Massive Short Liquidations: $220 Million Lost in Minutes!
Bitcoin's surge past $34,000 has caused over $220 million in leveraged short positions to be wiped out over the past 24 hours, with derivatives traders enduring more than $400 million in liquidations.
Short positions were hit hardest, with over $304 million in shorts liquidated compared to $97.5 million in long positions.
This is the largest liquidation since August 17. The global cryptocurrency market capitalization has increased to $1.32 trillion, a rise of 9.8% over the last 24 hours.
Analysts observe bullish signals, with increased interest from institutional investors amid economic uncertainty and global unrest.
#BTC #BULLS #etf #MINA #CRYPTO_VETERAN
$BTC $ETH $BNB
Bitcoin's surge past $34,000 has caused over $220 million in leveraged short positions to be wiped out over the past 24 hours, with derivatives traders enduring more than $400 million in liquidations.
Short positions were hit hardest, with over $304 million in shorts liquidated compared to $97.5 million in long positions.
This is the largest liquidation since August 17. The global cryptocurrency market capitalization has increased to $1.32 trillion, a rise of 9.8% over the last 24 hours.
Analysts observe bullish signals, with increased interest from institutional investors amid economic uncertainty and global unrest.
#BTC #BULLS #etf #MINA #CRYPTO_VETERAN
$BTC $ETH $BNB
