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Haroon Afradi
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Hello expert share your idea #BTC☀
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The cryptocurrency market has experienced a significant liquidation event, with $214 million in total liquidations over the past 24 hours. This substantial figure highlights the volatility and risk inherent in the cryptocurrency market. Here's a breakdown ¹: - *Total Liquidations:* $214 million - *Long Positions:* $68.31 million (approximately 32% of total liquidations) - *Short Positions:* $146 million (approximately 68% of total liquidations) The significant disparity between long and short position liquidations suggests that many traders had bet on a decline in cryptocurrency prices, but the market moved in the opposite direction, leading to their positions being forcibly closed. This event underscores the importance of risk management in trading and the need for traders to be prepared for sudden and unexpected market movements. The liquidation of short positions can lead to a short squeeze, where the price of a cryptocurrency rises rapidly as short sellers are forced to buy back their positions to cover their losses. This can create a self-reinforcing cycle, driving prices even higher. Given the market's volatility, traders and investors are advised to exercise caution and consider potential risks involved in trading digital assets. Strategic planning and risk assessment are crucial in navigating the cryptocurrency market's rapid fluctuations, which can be attributed to various factors, including macroeconomic events, regulatory changes, and shifts in investor sentiment ¹.
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complete Latest Detail about #TRUMP Trump Coin, also known as $TRUMP, is a cryptocurrency meme token launched on January 17, 2025, just before Donald Trump's presidential inauguration. It's hosted on the Solana blockchain platform, boasting high transaction speed and lower fees compared to Ethereum-based tokens. *Key Details:* - *Type*: Meme Coin - *Launch Date*: January 17, 2025 - *Total Supply*: 1 billion tokens, with 200-247 million in circulation - *Market Capitalization*: Approximately $2 billion, ranking among the top 60 cryptocurrencies globally - *Ownership*: 80% held by Trump-affiliated entities, CIC Digital LLC, and Fight Fight Fight LLC *Price and Market Performance:* - *Current Price*: Around $9.96, down by 3.88% in the last 24 hours - *All-Time High*: $73.43 on January 19, 2025 - *All-Time Low*: $4.29 on January 18, 2025 - *24-hour Trading Volume*: $360.2 million, up by 28.30% *Usage and Controversies:* - *Usage*: Beyond speculation, Trump Coin can be used for transactions, political engagement, and as collectibles for fans of Trump - *Controversies*: The coin has sparked debates, excitement, and skepticism due to its association with Donald Trump and its potential for market volatility ¹ ² ³.
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expert share your idea would it goes up #TRUMP
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would it goes to 2040 #TRUMP
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