How can Ethereum’s performance influence altcoins? Ethereum’ | mubashar0985 on Binance Square

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How can Ethereum’s performance influence altcoins?Ethereum’s performance often sets the tone for the entire crypto market. When ETH rallies, altcoins typically experience increased buying interest, leading to potential price surges.
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The cryptocurrency market is currently seeing renewed interest in several top-performing digital assets, with analysts and traders highlighting BlockDAG, HBAR HBAR +1.33% , SHIB SHIB +1.38% , and DOGE DOGE +1.06% as key candidates for explosive price movements. These projects are being positioned as high-potential investments, driven by a combination of strong technical indicators, active on-chain activity, and growing community engagement [1]. BlockDAG is generating significant buzz due to its ongoing presale, which has already raised over $375 million toward a $600 million target. With more than 25.2 billion BDAG coins sold at $0.0276, early investors in the first batch are seeing returns of more than 2,660%, and current buyers could still achieve 81% returns if the token lists at $0.05. Analysts suggest that a listing on top-tier exchanges like Coinbase COIN -2.26% or Gemini could propel the price toward $1. The project's DAG-based blockchain, which supports high-speed smart contract execution with EVM compatibility, is also drawing attention. The ecosystem is rapidly expanding, with 2.5 million daily users, over 4,500 developers, and 19,300 hardware mining units already sold. The project is also preparing for a major exchange push, with 20 confirmed listings on platforms like MEXC, BitMart, and LBank [1]. Shiba Inu (SHIB), the meme-inspired token, has also seen recent price gains,$BTC

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Bitcoin topped the $124,000 level for the first time Wednesday, extending a months-long rally. The price of bitcoin BTCUSD# +0.55% hit a record high of $124,496 on Wednesday night, according to CoinDesk data. The world’s largest cryptocurrency has surged about 33% year to date, and nearly 120% over the past 12 months. At last check, bitcoin had retreated back below the $124,000 level. The Trump administration’s looser regulatory stance and the wider adoption by institutional investors, including the approval of crypto ETFs, have been a boon to bitcoin and other cryptocurrencies. Ether ETHUSD +2.79% is also closing in on a record high, rallying about 87% over the past three months #CryptoIntegration #MarketTurbulence #HotJulyPPI $BTC

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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_FKOUW

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Ripple whales have made significant moves during the latest XRP price decline, suggesting shifting sentiment and possible repositioning among large holders. This activity comes as the asset dropped 0.19% over the past 24 hours. #MarketTurbulence #HotJulyPPI $XRP

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