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Bitcoinik
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$SUI is Now Biggest Competitor of Solana (SOL) & Ethereum, Record-Breaking Activity
- Sui is emerging as a strong competitor to Solana and Ethereum, with record-breaking activity and adoption.
- Sui is a layer-1 blockchain known for high-speed, low-cost decentralized applications.
- The trade price of Sui Coin has surged 133% in 30 days, indicating a continued bullish trend.
- Charles Hoskinson, founder of Cardano, supports Sui network over Solana as a decentralized option.
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Bitcoinist
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Global Crypto Fund Outflows Hit $147M—Here’s What’s Driving Investors Away
- Crypto asset investment products experienced $147 million in net outflows globally, ending a three-week streak of inflows, according to CoinShares.
- Major asset managers like BlackRock, Fidelity, and Grayscale were impacted by the outflows, largely led by Bitcoin-based funds.
- Bitcoin-based funds saw $159 million in net outflows, while short-Bitcoin investment products attracted $2.8 million in net inflows.
- Ethereum-based products recorded net outflows of $28.9 million due to a lack of investor interest, while multi-asset investment products attracted net inflows of $29.4 million.
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Bitcoinsensus
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Shiba Inu Burn Rate Up 544%, Outperforms Competitors With Monthly Gains
- Shiba Inu burn rate spikes, with over 5.1 million SHIB burned, a 544% increase from the previous day.
- Shiba Inu outperforms competitors, gaining 38% in the last 30 days, surpassing Dogecoin, Bitcoin, and Ethereum.
- Positive ecosystem growth with the launch of the web3 game 'Shiboshi Rush' and strong on-chain data.
- Shiba Inu holders remain optimistic as the burn rate spikes and the ecosystem continues to grow.
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Bitcoinist
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Dogecoin Millionaire Bets That This $0.03846 Crypto Token Will Surge 3,555% In Just 24 Days
- The Dogecoin millionaire has bet that the crypto token ETFSwap (ETFS) will surge by 3,555% in just 24 days.
- The Dogecoin millionaire cites the upcoming launch of ETFSwap platform as a factor that could spark the price surge.
- ETFSwap platform offers tokenized exchange-traded funds (ETFs) to be traded on-chain alongside cryptocurrencies.
- Investors can stake their ETFs and ETFSwap token to earn attractive staking rewards and provide liquidity to earn fees.
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TheNewsCrypto
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Shiba Inu’s $0.01 Dream: Analyst Dismisses The Possibility
- Cryptocurrency analyst Aaron Arnold dismisses the possibility of Shiba Inu reaching $0.01 in 2024.
- Arnold emphasizes the importance of market cap considerations in price predictions.
- SHIB at $0.01 would require 54,100% growth, resulting in a $5.895 trillion market cap.
- Contrasting views exist within the crypto community, with some suggesting SHIB could reach $0.05 by next year.
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TronWeekly
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Shiba Inu Developer Goes Wild Over UAE’s Crypto Tax Break
- Shytoshi Kusama, the lead developer of Shiba Inu, praises the UAE for exempting cryptocurrency transactions from VAT.
- The UAE's progressive stance on cryptocurrencies can make it a global leader in the industry.
- The VAT exemption could contribute to increased adoption of Shiba Inu and other cryptocurrencies in the region.
- The UAE government's efforts to promote crypto-friendly regulations attract businesses and investors to the country.
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Cryptoticker
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Memecoin Moodeng Soars 480% After Vitalik Buterin's Shoutout and Donation
- Moodeng, a memecoin, surged 480% after a shoutout and donation from Vitalik Buterin, founder of Ethereum.
- Buterin sold 10 billion MOODENG tokens for $762,000 and donated 260 ETH (around $642,000) to a charity.
- Memecoins are often sent to Buterin as a promotional strategy, and he typically donates the proceeds to charitable causes.
- Buterin's mention and subsequent sale of MOODENG caused a surge in prices, highlighting the influence of high-profile figures in memecoin market trends.
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TronWeekly
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NEIRO Rallies 48% As Whale Investor Secures $334K Profit
- NEIRO, a relatively new cryptocurrency, surged 48% in 24 hours, attracting whale and retail traders.
- Whale investor rektdolphin.eth gained $334K in just four hours by swapping $1.8M in assets for NEIRO.
- Cryptocurrency volatility and rapid growth offer profitable opportunities for informed investors.
- NEIRO's increased price and attention from whales indicate its potential as a valuable asset.
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TronWeekly
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STX In Accumulation Phase: Poised To Lead BTC Ecosystem In $1.25-$2 Range
- STX is in the accumulation phase and presents a key opportunity for Dollar-Cost Averaging.
- It is poised to lead the BTC ecosystem, outperforming other related tokens.
- Long-term investors eyeing Bitcoin ecosystem exposure can benefit from STX's potential growth.
- STX is currently trading at $1.83 and has fallen by 3.07% in the last 24 hours.
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Cryptopotato
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Mantra (OM) Price Hits a New ATH: Further Rally in the Cards?
- Mantra (OM) surged over 60% in the past 30 days, hitting an all-time high of $1.50 with analysts predicting a further jump.
- On-chain metrics suggest continued gains, but the RSI indicates it may be overbought, signaling a possible correction.
- The token's achievement caught the eye of industry participants, with expectations of a rally to $2.
- Multiple metrics support the ongoing bull run, except for the Relative Strength Index (RSI) indicating overvaluation and a potential pullback.
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Bitcoinist
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EigenLayer Token EIGEN Price Prediction: Investors Double Down On New A.I Dating Crypto GoodEgg (GEGG) After Eigen Explosive $900m TVL Launch
- EigenLayer (EIGEN) has achieved a Total Value Locked (TVL) of $900 million, attracting investors to diversify into GoodEgg (GEGG), an A.I.-powered dating token.
- EigenLayer's restaking protocol on Ethereum has contributed to its success and gained confidence from investors like Justin Sun.
- GoodEgg (GEGG) is gaining traction as an A.I.-powered social engagement cryptocurrency, with potential for significant growth.
- Investors are shifting from EigenLayer (EIGEN) to GoodEgg (GEGG) due to its versatility and potential for high returns.
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Bitcoinist
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Market Strategist Believe Shiba Inu (SHIB) and Mpeppe (MPEPE) Will Spark The Next Bull Run
- The cryptocurrency market is poised for another potential bull run, and market strategists are closely watching two tokens that are predicted to lead the charge: Shiba Inu (SHIB) and Mpeppe (MPEPE).
- Shiba Inu (SHIB) has evolved from a speculative meme coin to a robust ecosystem with projects like ShibaSwap, resulting in increasing relevance and utility within the DeFi space.
- Mpeppe (MPEPE) is gaining ground as a key token in the decentralized gambling and gaming sectors, thanks to its integration of DeFi elements and AI-driven gambling platform.
- By combining DeFi and gaming, Mpeppe (MPEPE) offers opportunities for passive income and growth potential, attracting investors looking for utility and innovation.
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Coinpedia
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Dogecoin Price Analysis: DOGE Price Rebounds as Whale Investors Accumulate Over $220 Million
- Dogecoin (DOGE) price rebounded from a crucial bullish breakout to trade above $0.11.
- Large Dogecoin holders accumulated over 2 billion DOGE units, worth more than $220 million, last week.
- The Dogecoin network has attracted more crypto miners and boasts over 7.4 million non-zero addresses.
- Technical analysis suggests Dogecoin price is well positioned for a major bull run towards a new all-time high.
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Bitcoinist
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Dogecoin Sees Bullish Crossover in Key Metric Hinting at 180% Run as RCO Finance Prepares for 1,600% Rally in Q4 2024
- Dogecoin has recently seen a bullish crossover on the Moving Average Convergence Divergence (MACD) indicator, hinting at a potential 180% gain in the coming months.
- RCO Finance (RCOF) is expected to rally by a massive 1,600% before the end of Q4 2024.
- Dogecoin's bullish crossover on the MACD indicator has historically resulted in significant price increases, with gains of 90% and 180% in the past.
- RCO Finance offers an AI-driven platform and AI Robo Advisor for personalized investment strategies, with the RCOF token available in an ongoing presale.
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Bitcoinist
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Top Cryptocurrency Picks For Autumn Season 2024 – SEI, Near Protocol and GoodEgg
- SEI (SEI) has experienced significant growth in Total Value Locked (TVL) and trading volume, making it a promising investment for the autumn season.
- Near Protocol (NEAR) is a Layer 1 blockchain focused on scalability and low fees, with strong support levels and potential for further gains.
- GoodEgg (GEGG) is gaining attention for its Play-to-Date model, AI integration, and potential for massive gains in the crypto market.
- SEI, Near Protocol (NEAR), and GoodEgg (GEGG) offer exciting opportunities for investors in the autumn season.
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