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📊The market cap of USDT reached an all-time high of $141.76 billion.
📍Stablecoin regulation is gaining momentum as global leaders propose a bill.
#USDT
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🚀The volatile crypto market is at a critical juncture. Whale activity is a double-edged sword, with the potential to ignite a price rally or set the stage for a market correction. The largest assets, Bitcoin and Ethereum, have been consolidating. A break above the next crucial resistance could trigger a bull rally, while rejection signals a bear trap. The on-chain data reveals the whales amassing PEPE and WIF and the large crypto investor’s accumulation signals potential bullish sentiment. Notably, three whale transactions were recorded, withdrawing substantial amounts of PEPE and WIF from Binance. A whale, “0xf37”, made its first-ever accumulation of 375.35 billion PEPE worth $3.73 million. Another whale “A3kTT”, dormant for two years, reappeared to withdraw 6.5 million WIF valued at $5.19 million. Finally, the whale “4x3M8”, withdrew 9 million WIF estimated at $7.42 million despite incurring a $1.35 million loss from the first trade. Meanwhile, the meme market cap is settled at $79.1 billion, with the assets priced in red. Could breaking through nearby resistance levels ignite a rapid surge in meme coins?#WIF #PEPE #BTCNextATH?
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Official Trump (TRUMP), the meme coin launched by U.S. President Donald Trump, has been making waves in the crypto market once again, climbing 16% in the last 24 hours to reach $20. After dipping to the $16 zone, the coin has shown signs of recovery. However, it’s still 75% lower than its all-time high of $75.35, recorded just two days after its launch on January 17.#TRUMP
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Berachain is making waves in the industry with its recent mainnet launch and token airdrop. Its Proof-of-Liquidity consensus mechanism is grabbing attention across the community. After launching one of the largest crypto airdrops, BERA token is now trading at $7 price range. But, is the project worth the hype? Berachain token airdrop was launched yesterday after much anticipation from the crypto community. Its tokenomics stated that a total of 500 million initial supply of BERA tokens. Out of the total supply, 79 million tokens are allocated for airdrop starting from Feb 6. After the airdrop launch, BERA token reached a peak of $14.46 within a few hours, as a result of built up interest and enthusiasm in the crypto community. However, it is currently trading at $7.39 as the initial excitement subsides. #BERA
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Popular artist Kanye West known for his super active presence on X special platform disclosed a possible crypto scam earlier today. Based on one of his posts, Kanye is trying to get in touch with Coinbase CEO Brian Armstrong, regarding crypto. By saying ‘No’ to a crypto scam offer, Kanye received mixed responses from his followers. #BTC #Crypto_Jobs🎯
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■PENGU token price dropped by 6% today, extending the month-long downtrend. ■Pudgy Penguins incinerated unclaimed PENGU tokens on Wednesday. 📍📊Pudgy Penguins is making rounds for its cascading price drop. The token is falling relentlessly for the past 24 hours, extending its month-long price drop. Even though its price was not going upward before, its recent token burn fueled the percent dip. Despite that, the PENGU community is still super active and loyal to the adorable penguin token. #pengu #BTC #cryptouniverseofficial
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