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since his bearish statement, Nvidia’s stock has experienced a remarkable surge, climbing an astonishing 195%.
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Dogecoin trades at $0.0732, according to CryptoSlate’s data. #dogecoin
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Despite the increase in network activity and hashrate, Dogecoin’s price has remained relatively unaffected, with the digital asset experiencing only a 2% gain in the past week and a 10% decrease in the last 30 days. #dogecoin
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Usually, an increasing hash rate suggests that the number of miners on a network is rising. It can also measure the strength of blockchain health and security. #dogecoin
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A Reddit account associated with the Wall Street Bets community recently resurfaced Cramer’s negative sentiment towards Nvidia, attaching a short video from a TV presentation where he explicitly recommended shorting the company.
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In a surprising turn of events, Nvidia (NASDAQ:NVDA) has defied the pessimistic predictions of renowned financial commentator Jim Cramer, who also is a vocal critic of Bitcoin and cryptocurrencies. Cramer had advised investors to short Nvidia in September 2022, labeling the stock a loser.
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