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Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase
The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in its presale phase and listed at $0.003333, is attracting considerable attention. Predictions suggest that the token will see a significant increase by the time it reaches stage 2 of its listing. Solana Faces Severe Price Drop Solana’s price plummeted over 36.72% within a week, with...
Smart Money: Data Shows Institutions ‘Buying the Dip’ After Recent Price Crash
TLDR Institutions have been buying cryptocurrency following the recent market slump, according to data from FalconX. Bitcoin trading volume is almost three times higher than Ethereum’s among institutional investors. Various types of institutional investors, including proprietary trading desks, hedge funds, and venture funds, were net buyers during the dip. The crypto market recovery coincides with a broader market sell-off that affected major stock indices. FalconX’s head of research, David Lawant, indicates that institutional investors see a positive medium and long-term outlook for crypto assets despite short-term volatility. In the wake of a significant cryptocurrency market correction that wiped out approximately...
Dogecoin Whales Turn Their Focus to Mpeppe For Its Utility And Profits
Dogecoin (DOGE), once the undisputed king of meme coins, is now facing fierce competition from a rising star: Mpeppe (MPEPE) . While Dogecoin (DOGE) has been a staple in the cryptocurrency market for years, recent developments indicate that Mpeppe might be the new contender capable of outshining the legendary Dogecoin (DOGE) with its potential 1000x gains. Let’s dive into the recent performance and prospects of these two cryptocurrencies. Mpeppe (MPEPE): The New Kid on the Block Mpeppe (MPEPE) is currently in Stage 2 of its presale, priced at 0.00107 USDT per token. The presale has already raised $589,695, with 75.26%...