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NULS could rise 10x its current value in the next crypto bull run
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In a close race between Trump and Harris, cryptocurrency markets are preparing for turmoil
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DOGE Rises as Trump Gains US Election Momentum Dogecoin(DOGE), crypto traders' favorite memecoin, is up 11.01% in 24 hours as Donald Trump gains momentum in US presidential elections. DOGE's market value is above $24 billion and its 24-hour trading volume is $2.97 billion, up 45.43%. It's fascinating since major cryptocurrencies like BTC and ETH act differently. They are either down or up slightly. As Donald Trump gained momentum in the US Presidential elections, DOGE prices rose. His positions on immigration and tax reduction are helping him counter Kamala Harris' imprecise criticisms without giving a solution. Republicans voting in huge numbers early in the election also help Trump and DOGE. Elon Musk's insinuations and humorous endorsements, promising Department of Government Efficiency (D.O.G.E) if Trump wins, have helped Dogecoin. Dogecoin has moved dramatically in the previous 24 hours, as predicted. After starting at $0.15, it reached $0.1563, then dropped to $0.1512. The range seemed manageable, so investors remained. A reward of $0.167 is well-deserved if they stay longer. After November 5, 2024, investors may wait to observe if opinions change. DOGE's short-term outlook is bleak. In five days, the price is expected to decline to $0.14133 from $0.160401, a 13.12% monthly drop. Since the current phase is bullish with 69 FGI points, it makes sense. Compared to the 50-day and 200-day SMAs of $0.123836 and $0.128977, trade is mostly up. Current volatility is 15.03%, which is concerning. If the same pace persists, price change may be fast in the future. Dogecoin gained 1.65% in 7 days. Red deals occurred the last two days. Thus, the climb is notable, building on a 53.52% gain in 30 days. Dan Gambardello, a crypto enthusiast, noted that DOGE had a $350 million market worth on Election Day 2020. It appreciated above 20,000%. One of the few coins to rise organically without presale market makers, among other things, makes community members excited about this forecast. #NovemberMarketAnalysis #BTCMiningRevenue $BTC
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Bitcoin ETFs outperformed Gold ETFs by 65% since Debut
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Trump-inspired memecoin MAGA has strong on-chain metrics before US elections Daily active MAGA addresses are rising, indicating network traffic. MAGA's Network Growth metric peaked in mid-July. As TRUMP falls, one generation of whales buys, according to Supply Distribution. After gaining 20% since Sunday, MAGA (TRUMP) trades marginally lower at $3.4 on Tuesday. The former President Donald Trump-based memecoin is set for significant increases as daily active addresses and network growth indicators climb, indicating user acceptance. Supply distribution data also suggests that whales purchased TRUMP's price drop. MAGA on-chain stats suggest a rally. MAGA looks positive in Santiment's Daily Active Addresses indicator, which analyzes network activity. Blockchain use increases as the measure rises, whereas dropping addresses indicate lesser demand. TRUMP's Daily Active Addresses climbed from 903 on Friday to 2,606 on Tuesday, the most since mid-July. TRUMP use is rising, which bodes great for MAGA pricing. MAGA's Network Growth reached 1,226 on Monday, up from 326 on Thursday and the highest since mid-July. A increasing number of new addresses produced everyday indicates greater user adoption and project traction. From October 18, Santiment's Supply Distribution statistic showed whales with 100,000 to 1 million TRUMP tokens decreased from 15.95 million to 11.34 million. In the same time, 1 million to 10 million TRUMP wallets rose from 10.88 million to 16.05 million. This intriguing development suggests that the earliest whales suffered surrender. The second pair of wallets bought MAGA cheaply. #Trump #Maga #NovemberMarketAnalysis #USElections2024Countdown
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