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Act Fast! Buy These 3 Altcoins While You Can 💰Ripple: SEC legal challenges raise doubt on Ripple's long-term prospects despite its fast transaction speeds. 💰Shiba Inu: Long-term investors should avoid SHIB because to its volatility and large double-digit decline in value in the previous month, notwithstanding the burn rate spike. 💰NULS utilizes a Proof of Credit (PoC) consensus mechanism, which aims to balance security, decentralization, and energy efficiency. ⭐⭐Ripple Ripple, once a crypto upstart, is now at a crossroads in a difficult climate. With its innovative decentralized financial payment network, the platform became a leading cross-border payment solutions provider. Four-second transaction speeds are impressive. ⭐⭐Shiba Inu Popular meme currency Shiba Inu has a large internet following. Despite its popularity, it is a highly speculative play that often loses investors money. Massive outflows have plagued the site, indicating liquidity issues. SHIB investors will be volatile due to market swings and regulatory hurdles lowering its value. Thus, SHIB is a straightforward sell for long-term investors, particularly compared to industry leaders. Recently, the SHIB community celebrated a 4000% burn rate increase. The market responded negatively, with SHIB shedding 30% in value in the preceding month. ⭐⭐⭐NULS Nuls Blockchain is an enterprise-grade, flexible, microservices-based blockchain platform. To meet different business demands, its innovative design allows smooth modification and scalability. Developers may quickly construct and deploy bespoke blockchains using ChainBox technology. Nuls promotes security with strong consensus and smart contract support. Interoperability among blockchains allows the platform to transmit data and assets smoothly. Nuls helps companies innovate and simplify operations with efficient, scalable, and secure blockchain solutions, boosting growth and technology. Nuls Blockchain unlocks endless possibilities. #VanEck_SOL_ETFS #BinanceTurns7
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Bitcoin price surpassed $58,400 after the German government depleted its reserves with recent sales. Will it be permanent? It’s hard to predict, but XRP Coin is signaling strongly after four years. The movement, which excites investors waiting for a comeback for years. 🔸 Will XRP Coin Rise? At the time of writing, the most profitable altcoin among popular altcoins was XRP Coin. Unusually, the price solidified the $0.46 support and reached $0.47, continuing the day with an approximate 5% increase. After reaching the lowest level in four years, XRP is signaling a comeback in the Bitcoin pair. In other words, the losses against BTC that have continued for years may now trigger a significant 30% rise. What gives investors this motivation is the triple bottom formation. This formation indicates strong support after three different bottoms, and a quick turnaround is expected from here. After the third bottom, the price escapes from the neckline formed between the other bottom levels, which is this resistance. Ultimately, the price is expected to increase by the distance between the lowest point of the formation and the neckline. 🔸 XRP Coin Price Target At the time of writing, XRP Coin needs to surpass the 793 satoshi level for a breakout in the BTC pair. The weekly RSI is at 36, indicating that XRP’s value in the BTC pair is low. If the key threshold can be surpassed, we could see a new move to the 0.00000001055 BTC level, as this is the formation target. In the opposite scenario, if things go terribly, a 15% drop to the 664 satoshi level, or the local bottom, could be seen. BTC, which has already seen a 20% drop, has given the battered XRP Coin bulls such an opportunity, and time will tell if they will succeed. Throughout the year, XRP Coin has been one of the worst-performing assets by market value. Since January, it has dropped 26.5% and generally performed very weakly compared to its competitors in terms of market value throughout the year#SOFR_Spike #BinanceTurns7 #BitcoinTherapist
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BREAKING: The German Government is now out of Bitcoin 💰 The German 🇩🇪 Government just sent 3846.05 #BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service). The German Government now has 0 BTC ($0.00M) remaining.#CPI_BTC_Watch #Megadrop
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For including the XRP-Dollar reference rate and indexes, Ripple's CEO expressed gratitude to CME Group and CF Benchmarks. Institutional crypto goods, according to Brad Garlinghouse, have reliable reference rates, which boosts investor confidence. On Friday, XRP trades at $0.4719, extending gains of 5%. After CEO Brad Garlinghouse announced that the CME Group and CF Benchmarks will be adding XRP-Dollar reference rates and indices, Friday's trading mood for Ripple (XRP) turned positive. Both the CME Group and CF Benchmarks are prominent in the derivatives market, with the former serving as an FCA-regulated benchmark administrator. The asset's move towards finding use in institutional crypto products is shown by the inclusion of XRP indexes. The executive emphasizes the reliable reference rates of institutional crypto goods, which contributes to the favorable feeling around XRP in the market. On Friday, XRP traders showed a favorable emotion, according to the CryptoEQ sentiment tracker. The tracker determines the sentiment by analyzing mentions of the asset in various media and social media sites. Since Attorney Fred Rispoli anticipated that the legal fight would finish in July 2024, there has been no additional update in the Securities and Exchange Commission (SEC) vs. Ripple litigation. Right now, one XRP token can be purchased for $0.4719. According to the XRP/USDT daily chart, XRP has the potential to rise to $0.5205, which would be a gain of about 10% from its present position. The MACD indicator, which stands for Moving Average Convergence Divergence, indicates that the price trend of Ripple is progressing positively. As seen in the chart above, XRP has the potential to attract liquidity in the $0.40 to $0.44 range, which is known as the Fair Value Gap (FVG), should it undergo a correction. The $0.3823 low from July 5th might provide as support for a further decline in the price of Ripple.
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Worldcoin has recently introduced the World Chain Developer Preview as part of its efforts to boost scalability in its system. This move aims to enhance the efficiency and capacity of their platform for future growth and development. #US_Job_Market_Slowdown #SOFR_Spike
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