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FYI: đ Over a 4 year window, Bitcoin has never had negative fiat returns. Bitcoinâs money you can save for the future. đȘ
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đ€ Notcoin Price Prediction: Is a $0.1 Rise Inevitable Due to Bybit's Leadership and Market Rally? NOT has seen significant growth, surpassing US$0.012, with a market capitalization of US$1.3 billion. Bybit responds with changes in management and compensation to users. Over the past week, Notcoin has experienced an impressive surge of over 156%, reflecting a significant increase in investor interest and market activity. NOT is trading in a range of $0.0049 to $0.014. $NOT #NOT #NotCoin
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đ„ Polygon (MATIC) Skyrockets 1,615% in Gaming Addresses as Positivity Grows Ethereum scaling solution, Polygon (MATIC), has experienced a remarkable surge in gaming addresses, soaring by an astonishing 1,615%. This significant increase highlights the burgeoning interest and optimism surrounding Polygon's role in the gaming sector. According to a recently released "State of Polygon Q1 2024" report by on-chain analytics firm Messari, Polygon gaming activity increased in Q1, 2024, with daily gaming addresses surging by 1,615% quarterly to 207,000, and daily gaming transactions rising by 469% in the same time frame to 734,000. The rise in activity was mostly caused by MATR1X's MATR1X FIRE game. Several developments also boosted Polygon's gaming ecosystem: Immutable, in partnership with King River Capital and Polygon Labs, launched the $100 million Inevitable Games Fund, which focuses on the Web3 gaming ecosystem. In addition, Square Enix collaborated with Animoca Brands to expand its NFT game, Symbiogenesis, globally. Other key metrics also highlight Polygon POS's growth: Polygon's stablecoin market value climbed to $1.5 billion, representing a 19% increase quarter over quarter, with USDT leading the stablecoin market cap at $792 million. Outside of gaming, DeFi daily active addresses increased by 67% quarter over quarter to 50,000. NFTs and Social also saw increasing activity, albeit in far lesser quantities than gaming and DeFi. Polygon is currently undergoing some key evolutions, adding to the optimism surrounding the blockchain. Polygon Labs, a zero-knowledge (ZK) focused software company, is creating a network of aggregated blockchains called the AggLayer, which is secured by Ethereum. The AggLayer will serve as public infrastructure, bringing together user bases and liquidity for any connected chain while also leveraging Ethereum as a settlement layer. $MATIC #MATIC
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đ„ What to Expect from DOTâs Next Price Increase DOT traders could be in for good news soon. Over the past 90 days, Polkadotâs (DOT) price has experienced a significant decline of 23.60%. DOT holders may soon find cause for celebration. One factor contributing to this positive outlook is the liquidation heatmap, indicating high liquidity that could potentially drive DOTâs price above $7.59. Additionally, the approval of a new project upgrade has been confirmed, which is expected to support a sustained upward trend in the long term. Understanding DOTâs Market Dynamics and Analyst Insights Liquidation in trading occurs when a traderâs position is closed due to price fluctuations or insufficient margin. However, tools like the liquidation heatmap help traders pinpoint areas with high liquidity, aiding in strategic decision-making for entries and exits. Currently, Hyblockâs data highlights a liquidity concentration between $7.59 and $7.70 for Polkadot (DOT), termed as a magnetic zone where price movements are likely to gravitate. If DOT surpasses $7.70 with increased buying pressure, further upward momentum can be expected. Conversely, if liquidation levels show a strong presence on the sell side of the order book, a price reversal could occur. According to analyst MichaĂ«l van de Poppe, DOT has been undervalued despite its robust scalability and security features, highlighted by recent upgrades like the JAM Upgrade and focus on Real World Assets (RWA). He emphasizes DOTâs potential based on these strengths, stating: âDOT is significantly undervalued in the blockchain space. Their recent JAM Upgrade and focus on scalability and security underline their potential in the market.â đž Polkadot (DOT) Upgrade and Market Analysis Polkadot (DOT) recently implemented the Join-Accumulate Machine (JAM) upgrade after a swift and xunanimous community vote. This upgrade aims to enhance the relay chainâs capabilities and improve interoperability with other blockchains, potentially bolstering DOTâs ecosystem. $DOT #DOT #Polkadot
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đ Shiba Inu (SHIB) Loses 84% in Key Metric as Whales Disappear In a recent report, data from IntoTheBlock revealed a significant decline in large transaction volumes for the meme-inspired cryptocurrency Shiba Inu (SHIB). Over the past 48 hours, the volume of these transactions, characterized by transfers exceeding $100,000 USD, has plummeted by a striking 83.77%. This drop translates from 11.65 trillion SHIB tokens to just 1.89 trillion SHIB tokens. In monetary terms, this decline is even more pronounced, with a decrease of 85.2% from $321.63 million to $47.69 million. The price of Shiba Inu itself fell by 2.4% during this period. The number of large transactions has also seen a dramatic decrease, falling from 584 to just 99 over the two-day period. Large transactions are typically indicative of the actions of whales and institutional players in the market. The decline in these transactions suggests a notable reduction in the activity of these major players within the Shiba Inu ecosystem. Shiba Inu (SHIB) price outlook Obviously, whale activity with SHIB has decreased, which is seen as negative, but its causes may not be so. It is known that big players tend to gain positions during periods of calm in the market and on price charts. Over the last month and a half, SHIB's price has shown significantly decreased volatility, trading mostly sideways. Despite this, the price of Shiba Inu has been registering higher and higher lows, demonstrating an uptrend. This can be seen as a positive sign. In this context, it could be considered that the whales have finished accumulating SHIB, and some big movement is on the horizon for the token. Whether this movement will be upward or downward remains to be seen. $SHIB #SHIB
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âïž Could XRP hit a $3 trillion market cap? Here's when it might happen The cryptocurrency market in 2024 has seen a surge of activity, with significant rallies for major cryptocurrencies, approvals of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), and the BTC halving event in April. Amid these developments, XRP has garnered substantial attention. Despite being largely absent from the bull run, XRP is generating optimism due to recent legal advancements between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). EGRAG CRYPTO, a noted analyst, recently highlighted a potential major price increase for XRP based on two key patterns: âThe White Channelâ and the âWhite Triangle.â As of this writing, XRP trades at $0.5167. In the past 24 hours, XRP has experienced a 0.75% decline, reflecting bearish market sentiment. XRP faces additional scrutiny with the possibility of Ripple selling 400 million XRP in June, marking the largest dump in seven years. This significant sale could impact XRPâs market dynamics and potentially slow down an expected bull rally this cycle. Therefore, investors should consider these factors carefully, recognizing the speculative nature of such predictions and the formidable hurdles that XRP must overcome to achieve unprecedented growth. $XRP #XRP
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Legfrissebb hĂrek
Polygon's Stablecoin Market Cap Surges, Tether Dominates
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Ethereum Beacon Chain Holds Approximately 32.75 Million ETH, With Lido Staking Share at 28.96%
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Global Liquidation of $137 Million in Past 24 Hours, Reports Show
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Arbitrum Surpasses Ethereum In Monthly Active Users
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Whale Withdraws 2.96 Million USDC From Aave, Purchases 2.82 Million FTM
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