The “fat wallet thesis” keeps playing out. In consumer crypto, the main user accumulation layer isn’t L1s or dApps, it’s wallets. @TrustWallet just published numbers showing why it may be the breakout here: • Revenue hit 8 digits in 2023, profitable by 2024, and still on an upward trajectory.
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The downsloping 20-day EMA ($0.22) and the RSI near the midpoint suggest a minor advantage to the bears. If the price turns down and breaks below $0.21, the DOGE/USDT pair could slump to $0.19 and then to $0.16. This negative view will be invalidated in the near term if the price turns up and breaks above the 50-day SMA ($0.22). That suggests the Dogecoin price may oscillate inside the $0.21 to $0.26 range for a few more days.
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TRUMP's price fell sharply by nearly 18% this week, but the money flow from the exchange and the leveraged buying behavior reflected investors' belief in a bullish reversal. MAIN CONTENT TRUMP is at risk of breaking support at $8.4, the next zone is $7.3 if the bearish market continues. Prices fell sharply but trading volume and withdrawals both increased, showing signs of accumulation by large investors. Despite the bearish pattern, traders are still focused on the $8.25–$8.59 price zone and betting on a price reversal recovery scenario.
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