Solana’s Seeker phone launch sparked a sharp SKR token rally following its airdrop and exchange listings. Early staking locked up supply, with yields near 24% encouraging holders not to sell. The rally was driven by launch mechanics rather than fundamentals, with long-term value depending on device adoption, app usage, and reduced inflation over time.
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SPACE rallies 65% on Season 1 airdrop launch and extensive CEX–DEX listings. Multi-chain rollout, staking rewards, and Aster DEX incentives fuel short-term trading momentum. Vesting schedules and airdrop-driven hype raise sustainability and sell-pressure concerns.
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Gold surges past $5,000 as dollar hits multi-month lows, signaling intensifying macro stress. Trader converts $7 million USDT into $4.17 million XAUT, highlighting rising demand for tokenized gold. Analysts see gold targeting $5,400–$6,500 as commodities tighten and fiat confidence erodes.
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Christopher Wood, a longtime bitcoin bull, just dumped his portfolio's holdings of the crypto. The Jefferies strategist said he believed quantum computing posed an existential risk to bitcoin. CRQCs, one type of supercomputer, could jeopardize as much as 50% of bitcoin's total supply, one study said.
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As Bitcoin reaches its all-time high, traders are waiting for the peak season. Those who have heard about the alt season are actively acquiring positions in coins with an eye on growth. Exchanges release new ones every weekprojects, and a trend is emerging in the market that is causing a stir on crypto Twitter.
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As the XAU/USD chart shows, gold prices rose above $2,460 for the first time in history yesterday, July 16.
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