PANews Columns
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PANews reported on November 19th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $254 million in the past 24 hours, including $141 million in long positions and $113 million in short positions. The total liquidation amount for BTC was $82.0531 million, and for ETH it was $68.5244 million.
PANews reported on November 19th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $254 million in the past 24 hours, including $141 million in long positions and $113 million in short positions. The total liquidation amount for BTC was $82.0885 million, and for ETH it was $68.5241 million.
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This article provides an in-depth analysis of the development, current status, and future trends of the Memecoin market. From DOGE to SHIB to new Solana-based tokens, the Memecoin market has continued to evolve and attract widespread attention. The article notes that successful Memecoins often possess strong meme-sharing potential, community support, and innovation. Furthermore, Solana has become a leading platform for new token issuance due to its low fees and fast transactions. However, the market still faces challenges with transaction terminal complexity and fragmented user experience. Cumberland Labs proposes building a simple yet powerful trading platform to attract more retail traders and improve the trading experience. Furthermore, the article emphasizes the importance of community and education in driving the development of the Memecoin ecosystem.
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