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Shiba Inu was featured in Forbes magazine as an influential digital currency 🔸 Forbes magazine introduced Shiba Inu (SHIB) meme coin as an influential and leading digital currency in the digital currency industry. The magazine highlighted the significant development of the Shiba Inu ecosystem and its significant achievements in cooperation with technology companies such as Zama. The Forbes article described Shiba Inu as a paradigm for memecoins that are creating real-world applications and revolutionizing the industry. It is worth mentioning that Shiba Inu is the second largest meme coin in terms of market value and has experienced significant growth recently. #BinanceTournament #AirdropGuide #BTCFOMCWatch #CPIAlert #SHIB $SHIB
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Capital inflows into Bitcoin ETFs turned positive again Spot Bitcoin (BTC) exchange-traded funds (ETFs) suffered a halt to their longest streak of inflows this week, however, that changed with the release of promising US consumer inflation data yesterday. The funds were reported to have had 19 consecutive days of positive inflows, the longest streak since their launch in January 2024, but saw outflows of $64.9 million and $200.3 million on Monday and particularly on Tuesday. After the release of weaker-than-expected consumer inflation data, Bitcoin rose $2,000 and investors poured $100.8 million into spot ETFs. #BinanceTournament #BTCFOMCWatch #BTC #bitcoin $BTC
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What risks threaten the meme coin market? The market of meme coins has grown significantly since the introduction of Dogecoin in 2013, and by June 2024, its market value has reached 60 billion dollars. In March alone, the asset class accounted for $13 billion in cash trading volume on exchanges, surpassing major cryptocurrencies such as Ethereum and Solana. However, the sector faces risks. According to a recent CoinShares report, the high concentration of assets among meme coin holders highlights the risk of market manipulation and liquidity challenges. #BTCFOMCWatch #CPIAlert #MEMECOINS $MEME
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The price growth of Pepe and Bonk meme coins coincides with the overall decline of the digital currency market 🔸 Despite the general decline of the digital currency market today, meme coins Pepe (PEPE) and Bonk (BONK) experienced a significant increase with a 10% growth. It should be noted that Pepe's daily trading volume has exceeded 1.2 billion dollars and in this regard it has surpassed DOGE and other well-known meme coins. #BTCFOMCWatch #TopCoinsJune2024 #TopCoinsJune2024 #Pepe $PEPE $MEME
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Americans trying to put pressure on Nigeria and release the Binance manager 🔸 108 former US federal officials have asked US Secretary of State Antony Blinken to step up his efforts to free Tigran Gambaryan, Binance's chief operating officer, from a Nigerian prison. This group is worried about serious consequences if decisive action is not taken. Members of the US Congress have also called for more attention to this issue as a hostage situation. This request comes in the wake of growing tensions between Binance and the Nigerian government. #Binance55thProject(IO) #BnbAth #TopCoinsJune2024 $BTC
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