#FTXrepayment #FTXrepayment • The FTX platform collapsed suddenly in November 2022: .. Its collapse led to the loss of many investors of their money, as FTX was one of the largest digital currency trading platforms, where money management issues and financial misconduct were the reason for its collapse.. This event sparked a crisis of confidence in the digital currency market in general ... - After the collapse: .. The company's restructuring operations began and a plan was established to recover funds for investors.. However, the recovery process is complex and takes time as it includes evaluating the remaining assets and creditors' claims, and many investors still hope to recover part of their money.. But the results are uncertain ... $BTC
$BTC Litecoin (LTC) is a digital currency launched in 2011 by Charlie Lee as a faster and cheaper alternative to Bitcoin. It is based on blockchain technology and the Proof of Work (PoW) mechanism, with a block generation time of 2.5 minutes, making transactions faster. It uses the Scrypt algorithm, which makes mining easier than Bitcoin. It features low fees, making it suitable for digital payments and international transfers. It is used in trading and investing due to its relative stability. Its future depends on the adoption of technologies such as the Lightning Network and regulatory developments. Thanks to its speed and efficiency, Litecoin remains an important digital currency in the market. $BTC
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Dogecoin (DOGE) sees volatility amid political support and whale activity
Dogecoin has seen a 10% surge in the past week, reaching $0.34, with an 8% decline today, indicating the extent of the volatility in the coin’s price.
The meme coin is currently valued at around $0.35, and is seeing increased trading activity, indicating increased demand.
Data from CoinMarketCap shows that the coin’s trading volume has increased by 20% in the past 24 hours to over $9 billion.
The coin has been associated with political support with Donald Trump’s return to the White House and Elon Musk’s role in running the eponymous Department of Government Efficiency (DOGE), which has increased optimism for the coin.
However, the initiative faces legal challenges that could impact the market.
Despite the price volatility, the increased activity and general interest suggest that additional gains could be made in the near term.
Of course everyone expected digital currencies to fly to the sky But the whales have another opinion, why? Many people have a clear vision that there is a solid future for digital currencies, but of course they will not buy at these prices The whales must prepare the market for the heavy people who will buy in 2025, and if you notice every day a new currency, even the Emirates has officially recognized digital currencies In my opinion, anyone who invests an amount in digital currencies must sacrifice before he wins and consider the amount lost in loss because the possibility of the market suddenly reversing and flying is very large, so I hope you stick to what you bought