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Abdul Sultans
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Bullish
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Bitcoin
is on its way to 100K. Watch out for $102k new ATH any moment from now .
Just take a look at the chart below and tell me what you think !
#BTCOnTheRise
#BTCOnTheMove
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Abdul Sultans
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You predicted right...
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Yes
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For what exactly? Cry your own cry!
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Market analysts predict that a Litecoin ETF approval could significantly impact LTC market dynamics, boosting liquidity and attracting institutional investors. However, the SEC's decision remains pending, with the market closely monitoring updates. Meanwhile, Litecoin network activity has surged, with active addresses reaching a record 1.4 million on December 8, 2023. This uptick is attributed to the introduction of the LTC-20 token standard, enhancing network functionality and appeal. $LTC
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The Active User Impact on Binance Binance, one of the world's largest cryptocurrency exchanges, boasts an impressive 30 million active users. This substantial user base, comprising 48% hobbyist crypto traders, significantly contributes to the platform's remarkable trading volume, which reaches $10 billion in just 24 hours. A closer look at the demographic breakdown of Binance's active users reveals interesting insights: Age: The average age of Binance users is 35 years old, with 15% of traders between 18 and 34 years old, and 11% between 35 and 64 years old. Gender: Men dominate the platform, making up more than 90% of Binance users, while female users account for around 10%. Location: Turkey leads the way in Binance usage, accounting for 6.40% of the platform's overall traffic, followed closely by Russia, Brazil, Korea, and the Philippines. These active users play a vital role in driving Binance's revenue, which reached a staggering $20 billion in 2021. The platform's popularity can be attributed to its vast selection of altcoins, user-friendly interface, and competitive fees. As the cryptocurrency market continues to evolve, Binance's active user base will likely remain a key factor in its success. #ActiveUserImpact
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