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https://dogecoin20.io

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Meme Coins Market Cap Surges 14% Amid Broader Market Expansion

Meme coins have seen substantial gains in the last 24 hours, driven by positive user sentiments toward digital assets.

In the past 24 hours, there has been significant activity in the Bitcoin (BTC), altcoin, and memecoin markets. While memecoins experienced sell-offs earlier this week along with cryptocurrencies, on-chain data indicates a rebound in the last 24 hours.

In the past trading day, the memecoin market cap has surged by a notable 14.2%, driven by positive signals from macroeconomic factors that have restored confidence in the market. This significant 14% increase has propelled the market capitalization to $55.4 billion, with trading volumes reaching $10.7 billion.

You can read more here: https://cryptosignals.org/cryptocurrency/meme-coins-market-cap-surges-14-amid-broader-market-expansion/
Cryptosignals.org Daily Crypto Overview

Bitcoin:        $66,624.80 (⬆️ 8.01%)
Ethereum:     $3,486.44 (⬆️ 11.17%)

Bitcoin Fear and Greed Index: 78 Extreme Greed πŸ™‚
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

SNX:         4.07% ⬆️
QNT:         4.70% ⬆️
FET:         -6.15% ⬇️
RNDR:     -9.15% ⬇️

Today's highlights

Spot Bitcoin ETFs suffer third straight day of net outflows, $261M bled - Cointelegraph

FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
Coindesk
Bitcoin (BTC/USD) Price Finds a Base, Following Massive Corrections

The last significant active price actions produced a fresh all-time high trade valuation slightly above the resistance line of $70,000, given that the crypto-economic price finds a base around the point of $60,000, following massive corrections.

Today’s bargaining activities mark the lower trade spot upon which the price has been making a notable spring-up, letting the point of $60,000 to serve as the core pivotal spot in retardation of further fall-offs.

You can read more here:
https://cryptosignals.org/crypto/bitcoin-btc-usd-price-finds-a-base-following-massive-corrections/
ApeCoin (APEUSD) Sellers Make A Significant Boost

Market Analysis – Sellers Seek More Penetration

APEUSD sellers make a significant boost to the $1.960 market level.

The cryptocurrency market has been experiencing a shift in sentiment, with bearish trends dominating the scene. Unlike the previous month, which was characterized by a bullish surge, the current market conditions favor sellers. They have successfully pulled the price down from the $1.510 key level in February, and the bearish rally has continued to gain momentum.

You can read more here: https://cryptosignals.org/ape-usd/apecoin-apeusd-sellers-make-a-significant-boost/
BNB Rises Above $490 and Moves Closer to the Prior Peak

BNB's price is recovering as it moves closer to the prior peak. Since March 13, bulls have been frantically trying to keep the bullish trend above the $640 high.

On the upside, if the bulls succeed, BNB will break above the $700 overhead resistance. Nonetheless, BNB has retraced above the 21-day SMA, or a low of $497. Since the altcoin surpassed the moving average line, selling pressure has subsided. 

You can read more here: https://cryptosignals.org/technical-analysis/bnb-rises-above-490-and-moves-closer-to-the-prior-peak/
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Understanding Layer-2s: An Investor’s Guide

Imagine a busy highway overloaded with trucks. That’s what some blockchains can be like: struggling to handle all the transactions. Layer-2 protocols act like bypass lanes, taking some of the traffic off the main road (the blockchain) and making things flow smoother. This improves efficiency without compromising security because Layer-2s are built on top of existing, secure blockchains.

Think of it like the SWIFT messaging network used in traditional finance. It allows banks to communicate securely without slowing down the main payment systems. Layer-2s work in a similar way, but for crypto transactions.

You can read more here: https://cryptosignals.org/blockchain/understanding-layer-2s-an-investors-guide/
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Cryptosignals.org Daily Crypto Overview

Bitcoin:        $66,391.10 (⬇️ -0.83%)
Ethereum:     $3,529.50 (⬆️ 0.63%)

Bitcoin Fear and Greed Index: 75 Greed πŸ™‚
Major bias for Bitcoin in the past 7 days: 🐻 Bearish

Trending Coins (Top gainers & losers)

ZRX:         8.05% ⬆️
FTM:         6.84% ⬆️
LDO:       -3.94% ⬇️
MKR:       -3.63% ⬇️

Today's highlights

GBTC outflows top $358M but one theory suggests it’s almost over - Cointelegraph

Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
Coindesk
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Introducing Restaking: A Game-Changer in DeFi Investment

As the calendar pages turn, ushering in the dynamic landscape of the crypto markets in 2024, investors find themselves on the lookout for fresh opportunities within the realm of decentralized finance (DeFi). Amidst this flurry of activity, EigenLayer emerges as a beacon of innovation, drawing attention with its groundbreaking approach to Ethereum restaking.

Restaking via EigenLayer represents a compelling proposition for Ethereum stakers, offering the tantalizing prospect of enhancing their yields. By concurrently securing third-party Actively Validated Services (AVSs) while fulfilling the vital role of validating the Ethereum network, users stand to unlock additional rewards.

You can read more here: https://cryptosignals.org/blockchain-2/restaking-a-game-changer-in-defi-investment/