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Tag Archives: solana

Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

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Crypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE

CoinspeakerCrypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE SMOLE, SLERF, and Shroom are all meme coins based on the Solana network. Over the past few weeks, the protocol has seen an influx of memes on the ecosystem, propelled by the recent rally in the market. Crypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE

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Solana (SOL) Price Analysis: Rally Takes Breather At $200

Solana price started a downside correction from the $210 zone against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $170 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $170 and $160 support levels to start another increase. Solana price is correcting gains below $180 against the US Dollar, like Bitcoin. SOL is...

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Meme Coin Madness: This Trader Made Over $3 Million in Less Than Three Days

TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sector’s notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to make substantial profits. Lookonchain revealed the case of one such trader who...

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Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which stood at $10.6 billion. Mixed Bag for Global Regions Trading volumes for the week remained steady at $43...

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