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WCT (WalletConnect Token) has experienced notable price volatility. After reaching an all-time high of around $1.39 in late May 2025, it saw a significant correction, dropping nearly 70%. Currently, WCT is trading around $0.36 - $0.40, showing signs of stabilization near key support levels. Recent news includes airdrop eligibility criteria announcements from Jupiter and Backpack, and WalletConnect's expansion to Solana with a 5 million WCT token airdrop, which has fueled some market interest and volatility. $USDC
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#MyTradingStyle "Buy the dip" is a trading strategy where investors purchase an asset after its price has temporarily fallen, anticipating a rebound. The core idea is to "buy low and sell high," capitalizing on short-term market corrections within an overall uptrend. This approach aims to lower the average cost of an investment and potentially increase returns when prices recover. However, it carries risks, as a "dip" can sometimes signal the start of a prolonged downtrend, rather than a temporary fluctuation, leading to further losses. It requires careful analysis to distinguish genuine opportunities from falling knives.
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#GENIUSActPass The "GENIUS Act" refers to proposed US legislation aiming to regulate stablecoins, a type of cryptocurrency. This bipartisan bill, the "Guiding and Establishing National Innovation for U.S. Stablecoins Act," seeks to establish a comprehensive federal framework for digital assets. It addresses consumer protection, financial stability, and national security by setting clear rules for stablecoin issuers and platforms. The act aims to foster innovation while safeguarding users and the broader financial system, potentially impacting businesses' treasury management and cross-border payments.
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#FOMCMeeting The Federal Open Market Committee (FOMC) meetings are crucial gatherings of the Federal Reserve, held eight times annually. Their primary purpose is to review economic and financial conditions, determine the appropriate stance of U.S. monetary policy, and assess risks to its goals of price stability and maximum employment. Decisions, especially on interest rates, significantly impact global financial markets.
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Binance recently listed Sophon (SOPH), an AI-focused token aiming to connect data and AI tools for smarter applications. SOPH went live on Binance Spot, Futures, Margin, Convert, and Simple Earn on May 28, 2025. Binance also conducted a HODLer Airdrop, distributing 150 million SOPH tokens to eligible BNB holders. The listing saw significant trading volume, with the SOPH/USDT pair being actively traded. As a newly listed asset, SOPH carries inherent volatility, and traders are advised to exercise stringent risk management. $BTC
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