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Sasha

@shchedryk

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40 Followers
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Crypto Market Update After Christmas Eve The cryptocurrency market saw a nice boost on Christmas Eve, often called a "Santa Rally." This means that several major cryptocurrencies, like Bitcoin, Ethereum, and Dogecoin, went up in value by about 5%. Bitcoin and Major Cryptocurrencies Bitcoin (BTC) led the way, going up by 4.5% overnight to around $98,000. This is a good sign after it recently dropped to $92,000. Ethereum (ETH) also increased by 2.5%, while XRP and Solana (SOL) went up by nearly 3% and 4.1%, respectively. Memecoins and Other Cryptocurrencies Memecoins like Dogecoin (DOGE) and smaller tokens like $PENGU also saw gains. Avalanche (AVAX) surged by 6%, Toncoin (TON) increased by 5.3%, and Hedera (HBAR) saw a big 10% gain. This shows that many cryptocurrencies are doing well, not just Bitcoin.
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Meridian: the native liquidity layer of @movementlabsxyz , built to securely scale and enable high-velocity capital with Move. 1. Setting Up Your Wallet First, you'll need to create a wallet to interact with the Meridian testnet. This wallet will store your funds and allow you to perform transactions. Make sure to securely store your private and public keys, as they are essential for accessing your wallet. 2. Getting Testnet Tokens To start testing, you'll need some testnet tokens. You can request these tokens from the Meridian faucet, which will provide you with the necessary funds to interact with the testnet. 3. Swapping Tokens Meridian allows you to swap one type of token for another. This feature is useful for testing the liquidity and functionality of the protocol. By performing swaps, you can see how efficiently the protocol handles transactions.
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The Reason I Like Xenobunny Game Xenobunny is a game that stands out for its innovative blend of AI and blockchain technology. The strategic depth it offers, combined with the ability to earn and trade assets, creates a unique and engaging experience. Here are more details on why Xenobunny is so captivating: 1. Innovative Gameplay: - The game leverages advanced AI to create dynamic and challenging scenarios, ensuring that no two games are the same. - Players can stake LAND, craft powerful battle cards, and compete for valuable loot, adding layers of strategy and excitement. 2. Blockchain Integration: - The omnichain capabilities allow for seamless interactions across different blockchains, enhancing both gameplay and economic systems. - Decentralized finance (DeFi) features enable players to earn real-world value through in-game activities, making the game not just fun but also financially rewarding.
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The cryptocurrency market is expected to see several notable trends soon: 1. Regulatory Developments: The U.S. SEC’s approval of spot Ethereum ETFs in July 2024 marks a significant step. This could lead to clearer regulations and potentially more favorable policies for cryptocurrencies. 2. Market Trends: Bitcoin has shown resilience, recovering from a dip to end July 2024 with an 11% gain. Ethereum experienced a slight decline but remains vital for tokenizing real-world assets. 3. Technological Advancements: The integration of AI and blockchain technology is likely to accelerate, enhancing the functionality and adoption of cryptocurrencies. 4. NFTs and Tokenization: NFTs are expected to make a comeback, with new projects driving Web3 adoption. Ethereum is becoming a key blockchain for tokenizing real-world assets. 5. Market Growth: The global cryptocurrency market is projected to grow significantly, potentially reaching $51.5 billion in 2024 and $71.7 billion by 2028.
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