$ETH š¶ BABYDOGE Community Burns 41 Trillion Tokens in 24 Hours! š¶
The BABYDOGE community has executed a massive token burn, eliminating over 40.9 trillion tokens within a single day. This aggressive deflationary move aims to reduce the total supply, potentially increasing the token's value over time. Such community-driven initiatives showcase the power of collective action in the crypto space. The burn has sparked renewed interest in BABYDOGE, with trading volumes experiencing a noticeable uptick. As meme coins continue to capture the imagination of investors, BABYDOGE's proactive approach to supply management sets it apart in a crowded market. Observers are keen to see how this strategy impacts its long-term valuation. cryptocharcha.com
$ETH š¶ BABYDOGE Community Burns 41 Trillion Tokens in 24 Hours! š¶
The BABYDOGE community has executed a massive token burn, eliminating over 40.9 trillion tokens within a single day. This aggressive deflationary move aims to reduce the total supply, potentially increasing the token's value over time. Such community-driven initiatives showcase the power of collective action in the crypto space. The burn has sparked renewed interest in BABYDOGE, with trading volumes experiencing a noticeable uptick. As meme coins continue to capture the imagination of investors, BABYDOGE's proactive approach to supply management sets it apart in a crowded market. Observers are keen to see how this strategy impacts its long-term valuation. cryptocharcha.com
Another day, another win in Binance's Word of the Day! š Todayās correct word was VALIDATE ā and it couldnāt be more symbolic. In crypto, your keys are everything. Whether itās your private key protecting your assets or understanding key fundamentals of blockchain, knowledge is power. Every daily challenge brings new insights and reinforces how vital security and awareness are in this space. Iām loving how this game sharpens my crypto vocabulary. Also, with Solana showing strong signs of growth and ecosystem expansion, itās definitely a KEY player to watch in 2025. š
#SECCryptoRoundtable The Binance Crypto WOTD challenge is a great way to test and expand your crypto vocabulary! Today's word of the day is STAKING, a crucial term in the crypto world. A holder is someone who believes in long-term gains and chooses to keep their assets instead of frequently trading. Whether you're a seasoned investor or a beginner, understanding key terms like these is essential for making informed decisions. Have you tried the Binance WOTD game yet? Itās a fun way to engage with the crypto community while sharpening your knowledge! Play now and test your skills! š
After analyzing possible words, TRADING seems like a strong answer! š¦š It relates to crypto wallets, security, and data managementākey tools in the blockchain space.
What do you think? š¤ Drop your guesses below! ā¬ļø
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Yesterday, Bitcoin fell below the $90,000 threshold, and market risk aversion surged sharply. The yen appreciated 6% in six weeks, technology stocks weakened, and investors were on edge. In July last year, the Bank of Japan's interest rate hike caused Bitcoin to plummet by 20%, and now a similar scene is reappearing.
In the current market, hedge funds are using Bitcoin spot ETFs, particularly ibit and cme futures, to arbitrage for excess returns. However, as the basis approaches U.S. Treasury yields, if Bitcoin falls and narrows the arbitrage space, funds are likely to close their positions during U.S. stock trading hours, further driving Bitcoin prices down.
With Bitcoin spot prices falling, its ETFs are also struggling. According to Four Side Investor data, yesterday, U.S. Bitcoin ETFs saw an outflow of $516 million, with Ethereum seeing an outflow of $78 million, and fbdc and ibit each experiencing an outflow of $150 million. The bull market driven by ETFs is now seeing a withdrawal of funds; whether this is coincidence or a signal of a market trend change needs to be observed through changes in the cryptocurrency market, U.S. stocks, leverage, and Bitcoin strategy holdings and market capitalization.
The market premium rate for Bitcoin strategy dropped from 3.4 times last year to 1.6 times, making it more difficult for Michael Celery to finance Bitcoin purchases. Market trading activity and confidence are declining. However, the options market's annualized performance remains around 8%, and traditional arbitrage funds and leveraged returns still hold appeal, indicating that financiers have not fully withdrawn.
The impact of the bybiy hacker attack continues to escalate, with Ethereum, Solana, and Dogecoin experiencing significant declines this week. After the Asian session opened on Tuesday, the downward trend did not stop, with a two-day decline of 20%, putting pressure on the market. CMC data shows that the altcoin index is only 25, and among the top 100 cryptocurrencies by market capitalization, only 25 outperformed Bitcoin. The decline in Bitcoin has put pressure on altcoins. The effects of the bybit hacker incident and related sell-offs of Solana are still ongoing, combined with token unlocks and increased market supply, which may trigger a wave of selling.
Currently, many traders are bullish on Bitcoin; if the market continues to decline, new funds may flow in quickly. However, the altcoin market lacks new trends, and future movements remain uncertain. #ęÆē¹åøä»·ę ¼čµ°åæåę
Is PI about to skyrocket? Brothers and sisters in the crypto world, the global army of 60 million is gradually passing KYC, with 16 million having already passed. The community has a total of 60 billion coins, 90% locked for three years, which corresponds to 6 billion in circulation. However, the Chinese region has 20 million, accounting for one-third of the global market, and very few have passed KYC. Elderly people want to buy and hoard through exchanges because they know the current price is too cheap. The community can only circulate a little over 1.5 billion, and currently, all exchanges can only circulate a little over 100 million. The more retail investors there are, the more dispersed it becomes, and the scarcer the circulation. This is the reason for PI's continuous rise on exchanges. Soon, the project team will release various positive news, with over a hundred different applications and enterprises connecting to the ecosystem. The personal and PI chain ecosystem will gradually be released. Open source is a major focus and a significant advantage, with over 300,000 nodes currently operating globally! Brothers and sisters in the crypto world, delve deeper into PI. The PI on exchanges is just one part of the ecosystem. The most important ecosystem seamlessly integrates with global web2 online businesses, social media, gaming, tourism, education, technology, healthcare... and more. Perhaps what you see is only the exchanges! In reality, it aims to achieve the vision that Bitcoin has not completed! Follow me to get rich! #åøå®Alphaäøę° $BTC
The Terra Classic chain continues to burn $LUNC and $USTC. The staked#LUNCamounts are increasing. LUNC and USTC burns have increased in recent weeks. The fact that the Terra Classic chain is used more; the LUNC and USTC prices remain at low levels increases the burn amounts. The Terra Classic chain is steadily getting back on its feet. The fact that this development does not affect the LUNC and USTC prices is demoralizing. #TerraClassic #USTC $LUNC
today $DOGS news and short term target 27 Feb 2025
Here's the latest on $DOGS:
Current Price and Short-Term Target The current price of DOGS is $0.000167. For February 27, 2025, the short-term target is $0.000163, representing a 1.99% increase ¹.
Price Prediction for 2025 DOGS is expected to rise by 227.53% and reach $0.000535 by March 28, 2025. The Fear & Greed Index is showing 21 (Extreme Fear), while the sentiment is Bearish ¹.
Monthly Predictions for 2025 Here are the predicted prices for $DOGS in 2025: