Inna
@innafrem3
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In March of this year, Forbes magazine published an extensive article in which it declared 20 of the oldest cryptocurrencies to be “zombie tokens.” Among them are XRP, ADA, LTC, and other coins from the list of the largest by capitalization, which, nevertheless, showed significant growth.
These coins were called “zombies” because the insignificant income from the fees of the blockchain projects using them indicated a lack of demand for the product. The publication also noted that these blockchains had problems attracting developers. In addition, the journalists emphasized that none of the experts they interviewed could provide an example of any serious use of these blockchains and tokens, other than their use in speculative trading.
All 20 tokens included in the “zombie” list according to Forbes have increased in price over the past month, and only three of them have not yet gone into the plus since the beginning of the year. 1 reply
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"Whales" bought 10,000 bitcoins on a drawdown of the exchange rate to $ 90 thousand.
There is an opinion that if the "whales" start selling coins, then this may portend a fall in the exchange rate. Conversely, if the "whales" replenish stocks, then the price of cryptocurrency may go up. However, in the case of this information, attempts at market manipulation cannot be ruled out.
"Whales" bought more than 10 thousand bitcoins (BTC) during the decline in the price of the coin from $99 thousand to $ 90 thousand, cryptanalyst Ali Martinez said, referring to data from Santiment. After this fall, the course turned around. At 18:30 Moscow time on November 28, BTC is trading at about $95.4 thousand, it has risen in price by 0.9% per day.
According to Martinez's calculations, one of the key support levels for bitcoin that is worth watching is $93,580, since at this price, a total of 667 thousand addresses bought almost 504 thousand BTC. 2 replies
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MicroStrategy bought another 55,500 bitcoins for $5.4 billion
Between November 18-24, Michael Saylor's MicroStrategy acquired another 55,500 bitcoins worth about $5.4 billion at an average price of $97,862 per bitcoin. This is the largest of the company's purchases in dollar terms.
Funds for the purchase of the next batch of bitcoins were received from the placement of convertible bonds and the issue and sale of MSTR shares.
As of November 24, 2024, MicroStrategy, along with its subsidiaries, owns 386,700 BTC at an average purchase price of $56,761 per bitcoin, for which it has spent a total of $21.9 billion. 3 replies
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