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Altcoins are pumping. According to Coin market cap Altcoins Index 56/100 and fear and greed index 67.
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$XRP Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count. Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP. #BTCPrediction
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#BTCvsETH In the rapidly evolving world of digital finance, two names consistently stand out: Bitcoin and Ethereum. These blockchain-based giants are not just cryptocurrencies; they represent the forefront of a financial evolution. Over the years, both have grown from niche experiments into major assets influencing global markets. While Bitcoin and Ethereum share the common ground of being blockchain-based cryptocurrencies, their differences are significant. Bitcoin, the original cryptocurrency, was created as a decentralized digital currency and potential store of value. Meanwhile, Ethereum is a programmable platform that enables smart contracts and decentralized applications (Dapps) to be built and operated without downtime, fraud, or interference. Bitcoin: Often compared to digital gold, it is designed primarily for secure value transfer and storage. Ethereum: A decentralized software platform powering an ecosystem of applications beyond currency, from finance to gaming – via smart contracts. Bitcoin and Ethereum's rising popularity signals more than a trend; it marks crypto's deeper integration into mainstream finance. Often referred to as digital gold, Bitcoin appeals to retail and institutional investors as a potential store of value. Ethereum's smart contracts expand blockchain's role into areas like DeFi, gaming, and decentralized governance. By 2024, interest surged further. Major financial firms began offering crypto products, and U.S. regulators approved the first Bitcoin and Ethereum ETPs, fueling institutional inflows. The growing overlap between Wall Street and crypto highlights how digital assets have moved from the margins to the financial mainstream. #AltcoinBreakout
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Solana Name Service ( Previous Bonfida), 22.87% momentum in the last 24hr. About to break resistance zone and making uptrend pattern. #AltcoinBreakout
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XTZ is making Channel down break out, its showing highly Bullish signal. #GENIUSAct
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LDO showing channel down Breakout, it means soaring up. #BTCvsETH
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