Cryptocurrencies have been making waves in the financial world, with Bitcoin Cash (BCH) and Alex The Doge (ALEX) emerging as two prominent players. In recent news, Bitcoin Cash (BCH) has experienced a significant price surge, while Alex The Doge (ALEX) has been generating buzz with its presale. In this article, we will delve into the recent developments surrounding Bitcoin Cash and explore the exciting potential of Alex The Doge (ALEX).
Bitcoin Cash (BCH): A Surge in Price Action
Bitcoin Cash (BCH) has caught the attention of market participants with its remarkable rally. This surge is not a random occurrence but has a fundamental reason behind it. The inclusion of Bitcoin Cash on EDX, a Citadel Securities-backed crypto exchange, has sparked newfound interest in this digital asset.
During the highest trading day this week, Bitcoin Cash (BCH) witnessed an astounding volume of transactions, surpassing $750 million. This surge in trading activity indicates a renewed interest and confidence in Bitcoin Cash. The inclusion of BCH on EDX has provided validation for the cryptocurrency, signaling its acceptance by established financial institutions and its readiness for a wider audience of investors.
To gain a deeper understanding of the dynamics behind this surge, let’s explore the “Balance by Time Held” indicator provided by IntoTheBlock. It reveals that a significant portion of the volume increase can be attributed to traders who have held Bitcoin Cash (BCH) for less than a month. Over the past 30 days, the number of short-term holders has increased by 33%.
The growing number of new holders signifies a shift in market sentiment towards Bitcoin Cash (BCH) following its inclusion on the EDX exchange. This development highlights the impact of listing decisions on market dynamics and demonstrates the potential for cryptocurrencies to gain traction and popularity through strategic partnerships.
Alex The Doge: Presale Shaking Up the Space
While Bitcoin Cash has been making waves in the market, another cryptocurrency, Alex The Doge (ALEX), has been generating excitement with its presale. Unlike many other memecoins, Alex The Doge has entered the market with a comprehensive approach, offering a full whitepaper, roadmap, and execution strategy.
The ongoing presale of Alex The Doge has witnessed over 6.5 million ALEX tokens sold, paving the way for the imminent launch of this memecoin. The team behind Alex The Doge believes that the token’s usability and meme-ability will set it apart from its competitors and enable it to shine brighter in the crypto sphere.
Alex The Doge (ALEX) is built on Polygon’s blockchain, which provides scalability, speed, and security. The token will power the Miracleverse, a digital gaming world where the Alex The Doge community can interact, learn, trade, and play. The token’s utility extends beyond gaming, as it will be used for social trading and decentralized finance (DeFi) within the Miracle Verse ecosystem.
Alex The Doge’s vision, marketing strategy, and innovative features have instilled confidence in its growing community. The completion of the presale marks a significant milestone and sets the stage for what lies ahead. The team’s dedication to the end-user experience and their focus on Play-to-Earn gaming make Alex The Doge an exciting contender in the cryptocurrency market.
For more information about Alex The Doge (ALEX) presale use the links down below:
- Website: https://alexthedoge.live/
- Telegram: https://t.me/alexthedoge
- Twitter: https://twitter.com/AlexTheDoge_p2e
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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Source: thinkbitcoins