BRC-20 Tokens To Drop 25% As Bitcoin Price Fails To Hold $55 | News For Coin on Binance Square

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BRC-20 Tokens To Drop 25% As Bitcoin Price Fails To Hold $55k Mark?
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📌Shiba Inu Faces Significant Decline📉🚨 Shiba Inu’s ($SHIB ) recent downturn in user engagement has raised concerns among investors. The Layer-2 (L2) platform Shibarium, once anticipated to boost network activity, has experienced a marked decrease in demand. On July 9, Shibarium’s user activity reached its lowest monthly point. Active addresses on the network, as well as the number of new addresses, have been declining since July 5. By July 10, only 11 new accounts were created on the L2 platform. 🟢What Happened to Shibarium?📉🌡️ Shibarium is an Ethereum Layer-2 solution aimed at improving scalability and transaction efficiency on the Ethereum blockchain. Its primary objectives include reducing transaction times and costs. However, data from Shibariumscan indicates a significant drop in user engagement in recent days. An on-chain data provider reported that the number of unique addresses executing at least one transaction on Shibarium fell to 504 on July 9, hitting the network’s lowest monthly level. This decline in active addresses began on July 5, showing a 33% decrease. $SHIB $ETH

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Will Bitcoin’s Decline End Soon?🚨🌡️ 📌Everyone is eagerly anticipating an answer to the question, “Is it over?” Has the recent decline in Bitcoin truly come to an end? The $BTC chart may provide some insights. There are several encouraging indicators suggesting potential for growth. For instance, sales in Germany are almost complete, interest rate hikes have ceased, and inflation continues to decrease. Additionally, growth in employment has halted. So, is a crypto resurgence on the horizon? $BTC

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🟢Potential Top TGE Projects in The Second Half Of 2024✔️ Note📌This Table is only a prediction By The WuBlockchain team

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✨PayPal’s PYUSD market cap hits $500m after Solana expansion✔️ 🟢Ever since Paypal joined the Solana (SOL) ecosystem, the volume for its stablecoin has exceeded 300 million weekly trades. PayPal’s PYUSD stablecoin’s weekly transaction volumes have soared to over $500 million, a notable increase from its previous volume of $150 million. This surge follows Paypal’s PYUSD’s expansion to the Solana blockchain in May, leading to a 90% increase in its market supply, which now surpasses half a billion dollars. 🟢According to DeFiLlama, PYUSD’s total supply across Solana and Ethereum stands at approximately $534 million. A detailed breakdown reveals that 74% of this supply is on Ethereum, while the remaining 25% is on Solana. $SOL $ETH #DefiLlama #PYUSD

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