BULL Token Jumps More Than 40% After Support From SHIB X Account

The move followed a supportive post from the official SHIB X account, linked in the source to a token that previously reached a $40 billion market capitalization.

Summary

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Terms & Concepts
  • Market capitalization: The total value of a token, calculated by multiplying its price by circulating supply.
  • X account: An official profile on X, the social media platform formerly known as Twitter, often used for project updates and market-moving announcements.
  • Token: A crypto asset issued on a blockchain, typically used for trading, payments, governance, or ecosystem access.