Gigantic 97,276 ETH Purchase Leaves Crypto Community in Awe
PulseChain's Massive Ethereum Acquisition Sparks Crypto Community Speculation: $363M Purchase Raises Eyebrows, Triggers Market Discussions.

PulseChain's Massive Ethereum Acquisition Sparks Crypto Community Speculation: $363M Purchase Raises Eyebrows, Triggers Market Discussions.
Bitcoin has led the way for cryptocurrencies this year, but altcoins may soon start outperforming.
In February, the U.S. dollar index first rose and then fell, and was basically flat. Bitcoin and Ethereum are up nearly 50%.
The MUNGER token, initially soaring 31,000% post-Charlie Munger's death, has since crashed by 97.6%, underscoring the volatility of meme coins. Market activity and value have sharply declined, reminiscent of similar trends in other memecoins. The fate of tokens inspired by Henry Kissinger's death remains uncertain, but investors should approach with caution.
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
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Rug pull is a new type of scam which is now a part of a long history of investment schemes that make investors lose a lot, if not all, of their money.
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NFT analyst OKhotshot warned that there is no reliable and stable investment in the NFT field, and most investors will lose money investing in the market.
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD.