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Recently, with the market recovery and the increasing demand for decentralized storage solutions, the price of Arweave has soared to nearly $23. The platform has a market capitalization of $1.5 billion and allows permanent storage of data on its blockchain.
This price pump indicates that the interest of users in protecting their data from censorship and manipulation is growing, making Arweave a leading Decentralization storage network. Arweave's innovative approach and solid market foundation have an impact on enterprises and people looking for different types of cloud storage providers.
AR-4.39%
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Recently, Arweave has gained a lot of attention, with its price pumping 4.60% within a day, reaching $19.55. This rise reflects the increasing interest in Decentralization storage options, which may be driven by the rise in demand for data storage from individuals and businesses.
In terms of performance, AR tokens have risen significantly by 379% in the past year. During the same period, it outperformed 87% of the top 100 cryptocurrencies. The coin is currently trading above the 200-day simple MA, indicating a positive trend. There have been 16 green days recorded in the past month.
AR-4.39%
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BTC cash will continue to decline, Miner income is low
Bitcoin Cash offers the lowest mining reward among all top Tokens. The lack of this revenue is due to Bitcoin Cash falling further behind in relevant technologies. New blockchains offer faster, cheaper transactions, even without the need for specialized trading like Bitcoin Cash does.
In 2024, the price of Bitcoin Cash pumped by 35%. However, the price of Bitcoin Cash has already pumped 50% from its peak in 2024, and analysts expect this trend to continue until the end of the year.
BCH-1.22%
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Bitcoin Cash (BCH): Bear Market and Bull Market vie for dominance
While other parts of the market are recovering, Bitcoin Cash (BCH) continues to struggle with bearish pressure. Data from CoinMarketCap shows that the value of the BCH cryptocurrency has decreased by 5% on the weekly chart and 3.7% on the biweekly timeframe. However, it has gained 8% on the monthly chart and 40.8% on the yearly chart.
In terms of price movement, BCH consolidates between $300 and $370 on a monthly level. Looking ahead, the sentiment surrounding Token is mostly bearish. BCH has two resistance levels at the 50-SMA
BCH-1.22%
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The current circulating supply of EIGEN Token is nearly 50 million.
EIGEN-6.13%
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