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But wait, dear reader, don’t despair just yet! Despite the gloom, SUI has hit 1,632 TPS and a staggering $143 billion in DEX volume. So, the network is growing-though its ADX strength is as weak as a watered-down espresso.
Leading the parade of disappointment are Bitcoin (BTC) at a cozy -2.3%, and the slightly more dramatic BCH at -5.1%. Meanwhile, the laggards are UNI and AAVE, both nose-diving at an astonishing -10.4%. Trust the crypto world to turn a good day into a spectacularly bad one! 🎢💸
Bitcoin, Ethereum, Cardano, and even Hyperliquid – they all decided to have a bad day and head south, leaving meme coins scrambling in the dust. And oh boy, did they get hit hard! Many meme coins took a bigger tumble than the industry giants – apparently, they’re not invincible after all.
Apparently, the brave souls working for the Tribunal de Justiça do Pará are now the latest contestants in a digital game show called “Get Bitcoin or Get Famous…for the Wrong Reasons.”
This isn’t just any old blockchain – it’s a Layer 1 focused on stablecoins! Stable aims to give the good ol’ PayPal USD (PYUSD) a turbo boost, because why not have a stablecoin that’s stable like my Aunt Millie’s meatloaf? 🍖
But what is a market rally without a chorus of bullish prophets? Retailers and institutions alike, like monks in a cathedral of greed, chant price targets until the air smells of desperation and dollar bills. Yet, in this chaos, we summoned Grok-a oracle with a calculator and a smirk-to divine BNB’s fate.
In a sprinkle of fairy dust (which they call a post on X), Fragmetric revealed their grand plan was not to launch a treasury party but to sprinkle a bouquet of new investment opportunities right out of the blockchain hat! 🎩 Frabjous news indeed, for they aim to pluck Solana right into the official treasure maps of the financial wizards in the country!
Despite this setback, on-chain data reveals an important dimension of Bitcoin’s current state. Top analyst Axel Adler, with his discerning eye, highlighted that Bitcoin long-term holders (LTHs) are sitting on a sum so vast it boggles the mind-$1.18 trillion in unrealized gains. This staggering figure underscores the extent of accumulation in previous months and the resilience of long-term investors, even as short-term price action remains as fickle as a coquette’s smile. 💸👑
Well folks, hold onto your digital wallets! The crypto market’s had more drama than a Mel Brooks musical – Bitcoin took a nosedive of 2.6%, landing at $112,700. That’s less than what I paid for my last actor’s headshot, and ether? Oh boy, ether dropped like it’s hot… by over 6%. If this keeps up, my grandma’s knitting club is about to become the next big crypto cartel.
Indeed, this Woven City is one of the world’s first brave forays into netting blockchain into the daily bustle of urban existence. Will it be a utopia or another twisted tale from the annals of “Too Much Technology”? Only time-and the fates-will tell!
