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A bull run in cryptocurrencies: SOL aims to reach $100 in December
Solana is one of the few decentralized finance firms that is leading the march toward tokenization, which is the future of blockchain technology. Tokenization of Armenian cultural heritage places through the use of Solana's blockchain and non-fungible tokens is a novel proposal that was just introduced by the "Realm of Historia." The objective is to accomplish the digitization of Carahunge sites in Armenia and to set off a worldwide trend that will result in the preservation of cultural centers through the utilization of blockchain technology.
This Solana ecosystem development led to the price of SOL reaching $70.00 in December, marking the first time since 2022 that it has reached that level. As of the 3rd of December, SOL was trading at $64.00. At the end of the seventh day, SOL had gained 14.37% and was sold for $73.00. Santiment claimed that analysts believe that due to increased social dominance, SOL would likely surpass ETH in current cryptocurrency bull run. current is because SOL is more socially dominant. As an additional point of interest, experts believe that SOL may eventually reach the $100 barrier for the first time in more than a year.
In the month of December, DOGE Records a Double-digit Surge
In an interview with Squawk Newsmaker on December 7, Senator Elizabeth Warren of the United States of America stated that "there is a new threat out there; it's crypto, and we can't allow that to continue." Following the publication of this allegation, the founder of Dogecoin, Shibetoshi Nakamoto, openly challenged the Senator from the United States. The person who created Dogecoin reacted by saying, "If Elizabeth Warren had been younger, she would have declared that the current Elizabeth Warren is an enemy of the people."
DOGE had a rise in early December, despite the fact that regulatory agencies were cracking down on cryptocurrencies. On the 3rd of December, the price of DOGE was $0.0857. One week later, the price of DOGE raced up to $0.1005 and was sold. Experts believe that Dogecoin and other leading alternative cryptocurrencies will continue to be optimistic until January 2024. This is because institutional investors will be returning to the market at that time. Because of this, it is quite possible that the price of DOGE will reach $0.1450 by the end of the year.
