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Any close below the 50% Fibonacci ratio could trigger increased selling pressure for Safemoon price. The 161.8% Fibonacci expansion sits right on top of the 2021 Volume Point Of Control at $0.0000026 and above Senkou Span B at $0.0000024. If SafeMoon price can maintain support near the 50% Fibonacci retracement, the most likely scenario is a consolidative market.

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Volume (24H):$14,169,302.00Market Capitalization:$2,485,808,843.00Circulating Supply:571,927,557,999,686.00 SAFEMOONMarket Data Source: Coinmarketcap To submit a token information's update request, please confirm beforehand that you have:
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Bitcoin continued to climb overnight and was trading almost 4.4% higher early Saturday morning at nearly $61,700
The number of people who utilize crypto coins (i.e., utility) and for what purpose impacts their price. The price will rise if more people use them to buy goods and services rather than just holding them.

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Joshua Lim, head of derivatives at Genesis Trading, said that traders abandoned positive bets on bitcoin and placed them on ethereum instead in the run-up to the approval of the ProShares ETF in a bid to benefit from a positive reaction in ethereum’s price if the SEC gives the nod. Fintech Add to myFT Financial services Add to myFT Ethereum Add to myFT Exchange traded funds Add to myFT SEC Add to myFT
Rising interest among mainstream investors has helped fuel gains in digital token’s price

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The SAFEMOON token has gained 9%-plus in the last 24 hours so far and boasts a market cap of $3 billion. Over the past week, the meme coin has more than doubled in value.

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    PancakeSwap V2, the major exchange where SAFEMOON is listed, has over $3.24 million in supply. As of press time, according to data from CoinMarketCap, SafeMoon coin has a market capitalization of $2,551,259,824. The current circulating supply stands at 585,536.37B SAFEMOON.
    Nationwide grocery chain Kroger was hit with a false press release claiming the company would soon begin accepting Bitcoin Cash (istock / iStock)

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    Nevertheless, a decisive four-hour candlestick close below the $3,922 level could lead to a steeper correction. Ethereum could then dive to look for support around the 100 four-hour moving average at $3,700 or even test the 200 four-hour moving average at $3,400.

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    ARTICLESCryptocurrency Prices Today: Ethereum gains nearly 11% in the last weekCryptocurrency prices today: Ethereum rises over 8%, Solana adds more than 16%Here’s how you can get the best of technology with the latest Intel-powered laptopsExplained: Ethereum’s London Hard Fork update and its significance

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    The majority of DApps such as DeFi protocols, NFTs and games still operate on Ethereum. With the rise of DeFi and NFTs over the last year, the Ethereum network has been plagued by congestion and increased transaction costs or “gas fees,” leading to DApps moving or expanding to other chains that can provide faster transactions and scalability at a lower cost.

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    Several factors explain why Binance.US launched a separate platform. Changes in regulations and Binance’s own rules reaction to external changes stand out as a large driver.
    They allow users to store cryptocurrencies, make online or in-store purchases, and track their finances.

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    The SAFEMOON token has gained 9%-plus in the last 24 hours so far and boasts a market cap of $3 billion. Over the past week, the meme coin has more than doubled in value.

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    Cryptocurrencies can differ from exchange to exchange due to differences in supply between large and small platforms. Also, according to CNBC, there is no standard way to price bitcoins.

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    Furthermore, With Bitrise, users can trade thousands of tokens with ease and at a minimal cost. They will no longer need to use Pancakeswap or Uniswap to buy/sell them because this new wallet has all that you would ever want.

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