Some teams have no issue with leveraging the power of social media by paying influencers to promote their coins. With a few heavy hitters on your side, you can spread rumours nearly instantly. If people are talking about your project, you win.
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In the past 24 hours, the cryptocurrency has surged 93%. It's currently trading at less than $0.000000000001, according to CoinMarketCap.
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Cryptocurrency Prices Today: Bitcoin and Ethereum fall, Dogecoin sheds 4%Amitabh Bachchan's exclusive NFT collection auctioned for over Rs 7 croreElon Musk hails Dogecoin as ‘people’s crypto’Cryptocurrency prices today: Shiba Inu surges 20%, Dogecoin gains 17%What are meme coins, floki currencies and Dogecoin-killers?
Besides the products offered, one of the effects of the split of Binance.US from Binance was on the liquidity pool.
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Many lesser-used cryptocurrencies can only be exchanged through private, peer-to-peer transfers, meaning they’re not very liquid and are hard to value relative to other currencies — both crypto- and fiat.
The worldwide crypto market capitalization is currently $2.90 trillion, decreasing 1.25% over the last day. (Shutterstock)
Facebook’s closely guarded Libra project could be the first true cryptocurrency alternative to fiat currencies, although its growing pains suggest that true parity remains well in the future.
Each major cryptocurrency has its own Wikipedia page providing an introduction to the cryptocurrency. Monitoring Wikipedia views has been seen to be a good way to track the number of new users learning about a cryptocurrency [22], and may offer different insights to the other online factors considered, being focussed primarily on less knowledgeable users.
Play iconA circle surrounding a triangle pointing right. It indicates, "this type of media can be played."Crypto investing: All you need to know!
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