Bitcoin Demand Rises: Toncoin and Rebel Satoshi Arcade Top Bullish Altcoins

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The demand for Bitcoin has exploded over the last few weeks. On-chain data shows that demand from permanent holders has outpaced the issuance of BTC for the first time in history. Rebel Satoshi Arcade (RECQ) is a new gaming platform that strategically adopts blockchain technology to create a decentralized gaming experience.

has exploded over the last few weeks. On-chain data shows that demand from permanent holders has outpaced the issuance of BTC for the first time in history. The rising demand comes amidst anticipation of the 2024 halving event.Rebel Satoshi Arcade is a new gaming platform that strategically adopts blockchain technology to create a decentralized gaming experience.

Permanent holders refer to people with wallet addresses who have a history ofdemand is rising due to the expected event of the Bitcoin halving. The coming halving, which is traditionally a bullish event, is the driving force of the increased demand.jumped to an all-time high at $7.1. Considering the price surge, Toncoin is now among the top ten cryptos, displacing Cardano. Now, the market cap of Toncoin is $23.7 billion, and Cardano is worth $20.1 billion.

 

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