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Crypto Trends: Mining Difficulties, Solana's Rise, Meme Coin Scams

Author
Goose Magazine
Published
Tue 11 Feb 2025
Episode Link
https://capitalcopilot.io/episode/152bd884-2e45-40dd-a69c-5ec5caf76b87/

Recent developments in the cryptocurrency sphere have spotlighted Bitcoin's mining difficulty and Solana's trading volume growth, along with widespread meme coin scams. Bitcoin mining is now tougher than ever, reaching a record difficulty level as miners capitulate, suggesting a potential price bottom. Meanwhile, Solana's DEX outperforms Ethereum in trading volume, continuing its dominance for the fourth consecutive month.

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