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Elon Musk Continues to Profit: “Meme Coin” Sharing Brings a 730x Rise! Billionaire #ElonMusk caused some altcoins to rise 73,000% with a single social media post #ElonMusk , who somehow influences the cryptocurrency market with every step he takes, did not remain idle again. When the billionaire included a small play on words in his post on November 23, market speculators took this as an opportunity and created new altcoins. Musk said the following in the post in question: Met a meta metameme? While the tokens named "metameme", which were released after Musk's post, rose in a short time, one of them created surprise with an increase of 73,428%. This altcoin, which was launched on the #Ethereum network and traded on Uniswap (UNI), reached the 0.000003764 band in a short time from its launch price of 0.000000003833. The project, which fell as quickly as it rose, is traded at $0.000001452. Although there were increases in a number of altcoins launched on different networks with similar names, they all generally remained in the 100-300% range and could not make as much profit as this project on Uniswap. None of these projects have audit approval and appear to be very weak in terms of liquidity. #Musk ignited similar rises with another post he made recently. $BTC $ETH

Elon Musk Continues to Profit: “Meme Coin” Sharing Brings a 730x Rise!

Billionaire #ElonMusk caused some altcoins to rise 73,000% with a single social media post

#ElonMusk , who somehow influences the cryptocurrency market with every step he takes, did not remain idle again. When the billionaire included a small play on words in his post on November 23, market speculators took this as an opportunity and created new altcoins. Musk said the following in the post in question:

Met a meta metameme?

While the tokens named "metameme", which were released after Musk's post, rose in a short time, one of them created surprise with an increase of 73,428%.

This altcoin, which was launched on the #Ethereum network and traded on Uniswap (UNI), reached the 0.000003764 band in a short time from its launch price of 0.000000003833. The project, which fell as quickly as it rose, is traded at $0.000001452.

Although there were increases in a number of altcoins launched on different networks with similar names, they all generally remained in the 100-300% range and could not make as much profit as this project on Uniswap.

None of these projects have audit approval and appear to be very weak in terms of liquidity. #Musk ignited similar rises with another post he made recently.

$BTC $ETH

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Crypto investor blasts PEPE: “I lost all my money” A crypto investor announced that his long transaction on the popular memecoin PEPE exploded and he lost his entire savings of over $1 million. A crypto investor announced that his long transaction on the popular memecoin PEPE exploded and he lost all his savings of over $1 million. April 12 was interpreted as a big disappointment in the cryptocurrency market. The leading cryptocurrency Bitcoin (BTC) fell to the 65,000 band. The 8.5 percent decline in BTC also affected altcoins. Many altcoins have dropped nearly 20 percent in the past day. Since altcoins have been on a downward trend for a while, yesterday's decline was the final point. Nearly 1 billion dollars of liquidation took place and nearly 300 thousand traders received liquidation notifications. A user named Crypto Nerd announced that he lost all his savings after the last drop. Trader was disappointed with the PEPE transaction. A trader named Crypto Nerd announced that he lost all his savings in his post on X. The trader stated that he has been active in the crypto market since 2017 and lost over $1 million in assets with the last decline. The tweet, which received 3.7 million views, quickly became a hot topic on social media. The trader stated that when he woke up, he learned that he had been liquidated and his transactions had exploded. Crypto Nerd stated that he took a long (bullish) transaction on PEPE with 3x leverage. This transaction was liquidated after PEPE experienced a sharp decline yesterday. The trader stated that he did not even have 1,000 dollars in his bank account, but he managed to make an asset of 1 million dollars on the Binance exchange. With the explosion of the PEPE transaction, all the assets the trader had accumulated since 2017 evaporated. Stating that he wasted his years, the trader attracted attention when he became depressed. “I have no reason to live,” Trader said. Many crypto investors sent messages of support to the trader $BTC $ETH $PEPE
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Decrease in XRP Price and Ripple Update. XRP, one of the leading units in the cryptocurrency market, has lost value as part of the general downward trend in the market. Especially the fact that XRP fell below $ 0.60 despite RippleX's update attracted attention in the market. Despite Ripple's developer platform RippleX relaunching AMM functionality, the expected increase in XRP price did not materialize. The price of XRP remained unresponsive to the update called 'fixAMMOverflowOffer' made by RippleX and the price could not reach the desired level. It is also said that Ripple's development activities have decreased and this may reduce interest in the development of the network. Analysis of the growth of the XRP network shows a decrease in new interactions, negatively impacting token adoption. However, XRP's low liquidity levels also put pressure on the price, making it easier for positions to be liquidated. The Cumulative Liquidation Levels Delta (CLLD) metric also gives negative signals for XRP and reveals that more short positions are being liquidated. The price of XRP is at $0.54 at the time of writing. *It appears that RippleX's update that restarted the AMM functionality did not have the expected impact on the XRP price. *The decline in the network's growth rate has a negative impact on XRP adoption. *Low liquidity levels and negative signals seen in the CLLD metric are among the factors that triggered the decline in the XRP price. XRP investors and market observers were faced with the price falling below $0.60 under the influence of the decline in development activities, slowdown in network growth, and changes in liquidation levels. In addition to these factors, uncertainties continue as to whether the current situation will be temporary or permanent. It is known that investors are waiting patiently. $BTC $XRP
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