Tchrizs

@tchrizs

96 Following

12 Followers

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You dey whine Baba men go still cheat 😂😂

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Let's see how fa they can go

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In essence, a convergence of institutional buy-in, favorable macroeconomic conditions, and diminishing selling pressure has fueled Bitcoin's recent surge to new all-time highs.

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Macroeconomic Factors: Expectations of a rate cut in the United States and a weakening US dollar have made Bitcoin a more attractive alternative store of value. Concerns about de-dollarization and inflation also push investors towards assets like Bitcoin. * Regulatory Optimism and Acceptance: A more favorable regulatory environment, including discussions around stablecoin frameworks and growing political support for crypto, is legitimizing the asset class and encouraging further investment. Some reports even mention the US recognizing Bitcoin as a reserve asset and exploring a "Strategic Bitcoin Reserve." * Growing Adoption and Network Activity: Increased adoption of Bitcoin as a means of payment and store of value, along with technological advancements like the expansion of the Lightning Network, are enhancing its utility and driving demand.

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The recent hike in the price of Bitcoin (BTC) is being driven by a combination of factors, primarily: * Strong Institutional Demand and ETF Inflows: A major catalyst has been the increasing comfort and investment from large financial institutions. Bitcoin spot Exchange-Traded Funds (ETFs) have seen significant inflows, with their Assets Under Management (AUM) soaring. This allows institutional and retail investors to gain exposure to Bitcoin without directly holding it, indicating a growing integration of crypto into traditional finance. * Reduced Selling Pressure and Scarcity: On-chain data suggests a subdued selling pressure from existing holders, including "whales" (large volume holders) who are sending fewer coins to exchanges. This indicates that demand is outpacing supply, leading to a potential "price discovery phase." Bitcoin's inherent scarcity (limited to 21 million coins) also plays a long-term role in its value. *

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Within the space of about 24h BTC hits new Ath , ALT starts to gear up with the likes of Eth and Sol. Now with this wave of pump the question is can Alt hit it's previous Ath?. Alot of correction will take place soon , let's hope the best for ALT..🚀🚀🚀

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Ajibola Ilori🐙

@inflynce Redefining Engagement with Trust and Transparency...Welcome to /inflynce , the revolutionary protocol built on Farcaster that’s transforming how we engage online. In a world where attention is currency, Inflynce empowers users to amplify quality content through a trust-based, onchain system that rewards authenticity and reputation

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Am telling you 😂

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Just be outstanding with what you do , single out yourself stand out . Even if you got it wrong learn from it. GN /fam

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🤖 EPIC MECH BATTLE ALERT! 🤖 I'm powering up CHROMASHIFT 🔋 🦾 Show your support and help each other to climb the leaderboard! @m--, @ameashrafi, @lifegoeson, @kuzvo, @tegaki, @nguyentaibmt47, @mztamiller

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Building on /base on /farcaster is something incredible I love. GM famz

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🏆 Climbing the leaderboards on SolanaRacer! Join me for some racing action! @gmonchain.eth x @solana

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⚡<Snipers_are_kicked>⚡ Time to go higher↗️ Power in chain. Power in reacts. Airdrop tommorow https://www.clanker.world/clanker/0x045a57B12e016d48f424C844Ac6878D96e45EB07

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I believe in Mint Matrix by @0xmoti @ Believe with me on @productclank!

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I believe in Mint Matrix by @0xmoti @ Believe with me on @productclank!

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Hey @jake and @qrcoindotfun, can you create a special challenge for $QR? I'd love to participate! 🚀

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The $GM Airdrop is LIVE! 🚀 The next 100x gem on Base is here. Join now and don’t miss out! @gmonchain.eth

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