Bitcoin And Ethereum Witness Record-low Supply Drops, As Caged Beasts Prepares For Roaring Crypto Presale
In a fierce battleground of bulls and bears within the volatile crypto market, the circulating supply of Bitcoin (BTC) and Ethereum (ETH) has plummeted to unprecedented depths. This development has sparked a flurry of speculation as analysts ponder the potential repercussions.
Now, a fresh contender is emerging onto the scene: Caged Beasts ($BEASTS). Get ready to witness an epic battle for dominance in the ever-evolving cryptocurrency landscape.
BTC and ETH Circulating Supply Plummets, Fueling Speculation Of Market Rebirth
In a recent revelation from Santiment’s data, the circulating supply of BTC on exchanges has dwindled to a mere 5.7%—its lowest level since the explosive December 2017 peak when the cryptocurrency shattered records at $20,000.
Not to be outdone, the supply of ETH on exchanges has followed suit, plummeting to 10.1%, a historic low since its inception back in 2015. This trend points to a surge in crypto enthusiasts actively snatching up their coins from exchanges and exploring alternative storage avenues.
As the supply of Bitcoin and Ethereum shrinks within exchange platforms, profound implications ripple throughout the cryptocurrency market, teeming with newfound optimism. Firstly, the lower availability of coins for immediate trading suggests a remarkable reduction in selling pressure, igniting anticipation of future bullish trends, as Santiment experts highlight.
Prospective buyers now face a daunting challenge in acquiring these coveted digital assets, potentially intensifying demand and propelling the prices of Bitcoin and Ethereum to soaring heights.
Moreover, the diminishing presence of BTC and ETH on exchanges signifies escalating confidence among long-term holders. Investors, driven by faith in the future potential and value appreciation of these cryptocurrencies, increasingly embrace secure wallets and staking as preferred avenues.
As the crypto market witnesses this unprecedented supply drought, the stage is set for a potential rebirth—a thrilling chapter that may redefine the future of cryptocurrencies and captivate enthusiasts worldwide.
Caged Beasts: Unleashing The Ferocious Presale
Prepare for an electrifying spectacle as Caged Beasts, a rising star in the crypto arena, gears up for an epic presale extravaganza. Get ready to seize the opportunity of a lifetime with tokens available at unbeatable discounted prices. This wild ride guarantees a rush of excitement with thrilling bonuses and exclusive perks that will leave you spinning.
While the BEAST token may currently be confined within a metaphorical cage, don’t be fooled. Its potential to break free and dominate the market is nothing short of extraordinary, as it gathers unstoppable momentum.
But Caged Beasts is more than just a coin—it’s an entire community ready to captivate you. Brace yourself for an immersive experience filled with intense community engagement, heart-pounding competitions, mind-blowing bonuses, unforgettable events, and an abundance of voting opportunities. And that’s not all! Prepare to be amazed by exclusive happenings and be among the first to delve into the world of NFTs with insider access to upcoming drops.
The countdown has begun. Soon, the beast will be unleashed, and Caged Beasts will make its roaring debut in the spotlight. Get ready for a thrilling journey that will captivate crypto enthusiasts and leave its mark on the industry. Prepare yourself for a great ROI with the earliest stages of the Caged Beasts presale that will change the game of meme coins and crypto!
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