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- ✨ Gate Post New Year Giveaway - Show Your 2025 Crypto Flag and Win $200 Rewards!
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🔹 Investment Goals: What are your crypto goals for 2025?
🔹 Trading Strategy: What strategies will you adopt in 2025?
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1️⃣ What unique advantages do these sectors offer? (e.g., lo
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🎉 Gate.io Community Honor Credits New Year Lucky Draw - Phase 6 is officially live!
Start the lucky draw now 👉 https://www.gate.io/activities/creditprize?now_period=6
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📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
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#TopContentChallenge#
Solana defeated Wall Street, Bitcoin, Ethereum, and Ripple
Below is a note on each asset and how it outperformed technology stocks in the Nasdaq Composite this year. As a reference, NASDAQ, which is a broad benchmark for the performance of US technology stocks, gained 33% for the year ending on Thursday, December 26. Meanwhile, the four cryptocurrencies listed here also gained value accordingly:
Bitcoin: %126
Ethereum: 49%
Solana: 75%
Ripple: %247
Throughout Nasdaq's history, it has taken ten years or more for stocks to return such gains to their market value. These crypto assets did it in just one year. Moreover, this is not the first time they have performed so well within a year. Bitcoin is the original and first cryptocurrency of its kind. It invented the entire segment with its launch in 2009. On Thursday, the total market value of the Bitcoin economy exceeded $1.9 trillion. Bitcoin saw a 126% increase in price by December 26th, according to crypto exchanges.