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Naira Appreciates, Exchanges at N1,639 per Dollar
Naira Against Dollar Naira Appreciates, Exchanges at N1,639 per Dollar After depreciating to N1, 681 a day before, the naira appreciated on Thursday closing at N1,639 to one dollar. The naira hit an all-time high of 1,681 following increased demand in the foreign exchange market. Read Also: Spot data from the FMDQ platform, quoting the Nigerian Autonomous Foreign Exchange Market (NAFEM) indicated that the naira appreciated by N50 representing over three per cent. The Central Bank of Nigeria (CBN) has made relentless efforts to defend the naira but market dynamics especially the increased demand have seen the local currency depreciating...
Is XRP Headed To The Moon? Why Analysts Think XRP and New Altcoin JetBolt Could Explode
Ripple’s XRP and JetBolt (JBOLT) are commanding attention as potential game-changers in the cryptocurrency market. XRP’s 56.21% surge in seven days has reignited speculation about its ability to head to the moon. While XRP battles critical resistance levels in its quest to surpass its all-time high, JetBolt is turning heads as an innovative altcoin with its zero-gas fee technology. The new altcoin is gaining traction by solving real-world challenges with its intuitive ecosystem. Are we witnessing the early stages of the next market explosion? Read on to explore the trends, catalysts, and expert predictions driving XRP and JetBolt toward potential...
Why Is The Price of Crypto Going Up? Understanding Why Bitcoin, Ethereum and Solana Are Up
The crypto market is now enjoying an auspicious time and prices across the charts are rising. Bitcoin (BTC) has successfully breached the psychological barrier of $100K. Ethereum (ETH) priced today at $3,853.67 continues its uptick while Solana (SOL) has experienced notable gains as well, with a 24-hour trading volume of over $7 billion. Meanwhile, young altcoin JetBolt (JBOLT) continues to create a growing buzz with its zero-gas technology and Web3 innovations. With Bitcoin, Ethereum and Solana seemingly aiming for strong finishes in 2024, could the market be in for new highs? Could new altcoin JetBolt be the next-gen token set...