$BTC Bitcoin is a digital currency that allows for secure online payments without the involvement of banks or other third parties. It's like cash for the internet, but instead of physical bills, transactions are recorded on a public ledger called a blockchain. This makes Bitcoin transactions transparent and secure. $BTC #Bitcoin❗ #altcoins
Earn free 5.2 $DODO by taking a quiz. Questions with answers below 👇 ANSWERS:👇 👉1) which of the following is the role of dodo token in dodo chain? answer: acting as primary asset eligible for staking with basic staking reward. 👉2) which technologies power the dodo chain? answer: Arbitrum orbit,eigenlayer,and AltLayer. 👉3) what is the role of dodo token in dono chain? answer: it offers staking opportunities,allowing token holders to engage more directly with the platform and benefits from its growth. 👉4) what is dodo main role in dodo chain ecosystem as its launch? answer: to act as the imni trading hub. 👉5) what is the purpose of proposed migration of 200 million dodo tokens to dodo chain? answer: to enhance total value locked(tvl) and support user growth on dodo dex. 👉6) which components are essential for the functionality lf dodo chain core trading hub? answer: all of the above 👉7) which makes dodo dex unique as omni trading platform? answer: it facilities seamless trading across various Blockchain networks, including Ethereum roll ups and Bitcoin layer 2s $DODO current price 0.2141 $. Share with your friends.
If you are bearish look at the chart below. being bearish short term is not a bad thing but on the long run #Bitcoin❗ is bullish and is here to stay. Express your opinion in comments.
#Lista megadrop is ending in 2 days. you will get the LISTA tokens automatically if you have staked BNB in locked product, you don't have to do anything extra But if you do the liquid staking task on Binance web3 wallet then you would get more points eventually get more reward. #BinanceTournament #AirdropGuide #BTC #altcoins $BTC
For the newcomers don't go for future trading or margin trading otherwise you will suffer pain. There is a lot of money to be made in spot trading cryptos so don't be extra greedy. #BTC☀ #ETHETFsApproved $BTC $ETH $BNB
$CRV has made a new all time low this week on the news of hacking attack and it's owner's position being liquidated. Curve Finance has denied the claims as of now. be cautious
In the times of uncertainty it's better to be in Bitcoin rather than ALTs
Everyone has a different risk appetite so one can differ in view to others.
What is $IO token and why is it pumping? IO is a strong contender in the AI narrative and can experience immense growth. As it just launched yesterday(June 11, 2024) so people are speculating on the token this is the main reason why it is pumping hard. But be cautious as nothing goes up only. it's better to wait a few days or even weeks for better entry. $IO #altcoins #BTC☀
Coin vs Token In the context of cryptocurrency, coins and tokens are two distinct types of digital assets, and here’s how they differ:
Coins: - Coins like #Bitcoin❗ and #Ethereum have their own blockchains. - Coins are often used to transfer wealth and can be mined or staked.
Tokens: - Tokens are built on existing blockchains; for example, ERC-20 tokens use the Ethereum network. - They represent assets or utilities within a specific ecosystem. - Tokens can be used for investment purposes, to represent a stake in a project, or to access certain functionalities of a project.
In essence, coins operate independently, while tokens are dependent on the underlying technology of the platform they are built on. Both play vital roles in the crypto world but serve different purposes within their respective ecosystems.
One of the strategies for making huge profits is when everyone is panicking in fear of prices dumping you should be buying at that time and when everyone is greedy you should be selling at that time.
keep in mind that you should be thinking long term to make huge profits instead of just a few hours or days.
I'm buying in the downturn markets. let me know what do you think ? $BTC #crypto
Why BNB is my 2nd biggest bag in crypto investment?
Short answer: because of its utility.
The long answer: 1. BNB is the native coin of binance (biggest crypto exchange in the world). Reputation matters.
2. BNB is the native coin of BSC (Binance Smart Chain) Which is in the top 5 chains in the cryptocurrency. Used to pay for gas fees for each transaction.
3. Is being used to pay for transaction fees on binance exchange.
4. Has a staking system (gives rewards for staking BNB coins).
5. In demand for Launchpool and #lauchpad projects.
6. Used for potential airdrops on binance web3 wallet.