Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven | Decilizer on Binance Square

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Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth 

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$TAO is demonstrating strong bullish momentum, supported by a solid foundation at $389. The target is set at $984, and with rising trading volume coupled with $BTC bullish trajectory, a breakout aligns well with broader market trends, fueling further potential gains. There have been 11x gains in it in the past.

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$OP is consolidating near the $1.40 support level, though resistance may present challenges ahead. Should it break past key resistance, the target of $3.72 becomes feasible, particularly with $BTC strength driving broader market volume and upward momentum. In the previous rally, 170% of gain has been tracked.

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$FUN has established firm support at $0.0024, with momentum building alongside increased trading volume. The next target of $0.0052 seems within reach, especially as $OP activity is contributing additional short-term upward pressure to the overall movement. Previously we've tracked 320% gains on it.

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With a significant spike in volume, $ASM has effectively broken out of the $0.015 zone, suggesting a possible market recovery. With $ARB predicted to spearhead this trend in the upcoming trading days, the next target is set at $0.044.

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$KNC is currently going for a primary target of $0.78 after finding strong support at $0.36. Bitcoin's positive outlook is essential for sustaining overall momentum, as $BAKE and $SNX are anticipated to play crucial roles in this upward trajectory. We've tracked 120% gains on it in the recent rally.

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