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Gate Square New & Returning Creator Rewards are ongoing!
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The Bitcoin market surges unexpectedly, sparking debate within the Solana community about the XRP ecosystem's appeal
The end of December witnesses notable developments in the cryptocurrency market. Bitcoin (BTC) is currently trading at $92.04K USD, maintaining its strength amid market fluctuations and investor sentiment volatility. At the same time, industry figures continue to express their opinions.
Recently, Anatoly Yakovenko — the founder of Solana — made pointed remarks targeting the XRP ecosystem. He indicated that this environment is characterized as “extremely negative” and encouraged the community to prioritize collaboration models based on capital, rather than internal disputes that hinder development. This viewpoint reflects deep disagreements over ecosystem-building philosophies within the blockchain industry.
On the trading data front, Bitcoin recorded a significant liquidation discrepancy of 17.128%. Specifically, short positions were wiped out with a total of $110.92 million, while long positions only reached $86.5 million. This imbalance shows that the liquidation mechanism has had a strong impact on bearish traders.
In the meme coin arena, Shiba Inu (SHIB) continues to hover around the $0.00000726 USD mark. With many other meme coins experiencing declines, the “meme disappearance” trend has become a reality in the market, raising concerns about the stability of these tokens. Investors are beginning to realize that not all meme coins have sustainable potential.