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Current Market Performance of NEAR Protocol NEAR Protocol has recently experienced a resurgence, with its price increasing by over 2% last week and an additional 3% rise in the past 24 hours. As of the latest data, NEAR is trading at approximately $4.02, and the tokenâs market capitalization stands at over $4.5 billion. $NEAR
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The post Solana Trader Turns $80K into $1.2 Million BY Investing In This Memecoin âThen Loses It All appeared first on Coinpedia Fintech News In an extraordinary twist of fortune, a Solana trader known as XCkM turned an $80,000 investment into a massive $1.2 million by investing in a newly launched memecoin AURA. Unfortunately, the memecoin market took a downturn traders quickly made a fortune got vanished. Well, letâs find out, how? How did XCkM experience such an incredible rise and fall? Trader Turn $80K to $1.2 Million Solana trader XCkM made headlines by transforming an $80,000 investment into an impressive $1.2 million. This dramatic increase was driven by his investment in AURA, a meme coin inspired by the viral TikTok âauraâ meme, which has gained immense popularity with over 250 million videos. The meme, centered on social behavior, was cleverly brought into the cryptocurrency realm with AURA. This trader turned $80K into $1.2 MILLION â and then lost it allSolana trader XCkM purchased $80K of AURA within 3 weeks of its launch on a different account. His holdings hit a peak value of $1.22M, as AURA briefly hit a market cap of over $75M.However â not long after, the⊠pic.twitter.com/gUKZkvoF2k â Arkham (@ArkhamIntel) September 11, 2024 Just three weeks after AURAâs launch, XCkM made a significant gamble by investing $80,000 in the token. The early bet proved to be a strategic move as AURAâs value skyrocketed. The coinâs market cap briefly surpassed $75 million, capturing the crypto communityâs attention and enthusiasm. At its peak, XCkMâs investment ballooned to a remarkable $1.22 million, showcasing the explosive potential of early investments in emerging tokens. Crash of the Memecoin Market However, the joy was short-lived. As the memecoin bear market set in, AURAâs value fell sharply. XCkMâs once-highly profitable investment dropped to $91,000. Despite the significant decline, XCkM managed to retain his initial $80,000 investment, which softened the impact of the losses.
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Tired of slow, unreliable internet? SpaceCoin offers a new frontier for decentralized satellite internet connectivity! It's the first dApp to run on the Creditcoin ecosystem! #DePIN Spacecoinâs Solution: A Decentralized Network Spacecoin proposes a solution: a constellation of low-earth orbit (LEO) satellites forming a global 5G network. This network will be: Decentralized:Â Unlike traditional systems controlled by centralized authorities, Spacecoin removes reliance on single points of failure.Secure and Trustless:Â Blockchain technology ensures secure data transmission and transparent operations.Globally Accessible:Â The networkâs reach will extend to even the most remote regions, providing widespread coverage. How Spacecoin Works Spacecoin utilizes a combination of innovative technologies: Satellite Network:Â A fleet of LEO satellites will provide internet connectivity.Blockchain Integration:Â Smart contracts manage data transmission on the Creditcoin blockchain, ensuring transparency and security.Cryptocurrency Payments:Â Users can pay for internet access using crypto assets, eliminating traditional financial barriers. The Benefits of Spacecoin Spacecoinâs impact goes beyond just internet access. It has the potential to: -Drive Financial Inclusion:Â By enabling participation in the digital economy, individuals can build credit profiles and access financial services.Empower Individuals:Â Improved connectivity fosters local development and creates opportunities for individuals to contribute to the global workforce.Bridge the -Digital Divide:Â Spacecoin aims to connect the unconnected, fostering global equality and progress. #web3 #DePIN+AI #AiNarratives
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