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๐ฐ In July, Bitcoin whales purchased an unprecedented 358,000 $BTC, amounting to approximately $23 billion. noted that Bitcoin is currently in an accumulation phase. Despite some short-term market fluctuations and the recent introduction of spot Ether ETFs, long-term holders and whales are steadily increasing their Bitcoin holdings, suggesting strong confidence in the cryptocurrency's future value.
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Invest wisely and think long term
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Five Promising Altcoins Under $1 to Make you rich by end of 2024 to 2025 bull market Investing in altcoins under $1 can be a strategic way to diversify your crypto portfolio without breaking the bank. Here are five altcoins worth considering: ### 1. BitTorrent (BTTC) BitTorrent is a decentralized peer-to-peer file sharing protocol that enables users to distribute data and electronic files over the internet. Its token, BTTC, is used to incentivize users and improve network efficiency. With ongoing development and integration with the TRON ecosystem, BTTC holds potential for growth. ### 2. Floki Inu (FLOKI) Floki Inu, inspired by the popular meme coin Dogecoin, has quickly gained attention for its strong community and marketing campaigns. The team behind FLOKI is working on various use cases, including an NFT marketplace and a metaverse, aiming to add real-world value to the token. ### 3. Dogecoin (DOGE) Initially created as a joke, Dogecoin has become a major player in the crypto world, thanks in part to endorsements from celebrities like Elon Musk. Known for its low transaction fees and fast processing times, DOGE is widely used for tipping and small transactions, and its vibrant community continues to drive its popularity. ### 4. Cardano (ADA) Cardano is a third-generation blockchain platform known for its strong emphasis on security, scalability, and sustainability. ADA, its native token, is used for staking and governance within the network. With ongoing updates and a robust roadmap, Cardano aims to become the go-to platform for smart contracts and decentralized applications. ### 5. Ripple (XRP) Ripple aims to revolutionize cross-border payments with its digital payment protocol. XRP, the native currency of the Ripple network, facilitates fast and cost-effective transactions. Despite regulatory challenges, Ripple's partnerships with financial institutions worldwide highlight its potential for mainstream adoption. Remember to follow, like and share
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