🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Musk speaks up for DOGE again! Can Doge break new highs again?
DOGE, as a Cryptocurrency with a number of addresses second only to BTC, is also one of the few early shitcoins. DOGE is mainly used for tipping systems on Reddit and Twitter, rewarding people who create or share high-quality content.
DOGE has no upper limit on its supply, with an annual Inflation of 5 billion DOGE, accounting for approximately 13% of its circulating supply.
Recently, Elon Musk praised the inflation rate of DOGE: 'This is a feature, not a bug!'
Elon Musk, the world's richest man and CEO of Tesla, once again expressed support for DOGE's inflation model. On Twitter (now known as X), Musk responded to a tweet from DOGE co-founder Billy Marcus, saying DOGE's inflation rate was a "feature" rather than a flaw.
DOGE is different from BTC or Ethereum in that its supply is unlimited, minting 10,000 new coins every minute. This structure means that over time, DOGE's market share will gradually decrease. Musk says this 'smooth inflation' is an advantage, not a problem for DOGE.
Since 2018, Musk has been a supporter of DOGE and often promotes this cryptocurrency on his own social media platforms. However, he recently stated that he has not been involved in the encryption field, but simply "likes DOGE because it has "dog" and "internet memes", and likes these elements.
Musk's remarks indicate that he remains steadfast in his support for Dogecoin, believing that its unique inflation mechanism is of great significance for its future development.
Unlike Bitcoin's Proof of Work (Proof of Work) Algorithm, DOGE uses the same Scrypt technology as Litecoin. Miners can complete and record transactions faster and easier, making DOGE more efficient in processing payments. The process of generating new Blocks on BTC takes 10 minutes, while on DOGE it only takes 1 minute. DOGE miners can mine Digital Money using GPUs and since 2014, they can mine Litecoin at the same time while mining DOGE.
The creators of DOGE have set it up as a fun and easy cryptocurrency, making it more appealing beyond the BTC core audience because it is based on the dog meme. This has attracted many celebrities such as Tesla CEO Elon Musk, Mark Cuban, and Gene Simmons to follow.
DOGE, is likely to become the golden dog of this Bull Market, but the price is a bit high now, it is not recommended to chase the market, you can gradually Build a Position on dips, and hold until the peak of the Bull Market, I believe everyone will be grateful to have stumbled upon my article today.
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