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🚀Buckle up, BTC enthusiasts! Q2 of 2024 saw Web3 user engagement skyrocket to an all-time high of 10 million daily unique active wallets (dUAW), a whopping 40% increase from Q1! 🎉 According to DappRadar, this growth was seen across various sectors of the DApp industry, creating a bullish trend. The social sector led the charge with a 66% rise in dUAW, fueled by apps like Fantasy.top and UXLINK. 📈 DEXs like Uniswap and Raydium saw a surge in user activity, with Uniswap's dUAW up by 80% and Raydium's by a staggering 134%, thanks to meme coin traders. 🚀 NFT marketplaces also had a field day, with their highest usage since Q1 2023, boasting $4 billion in trading volume across 14.9 million individual trades. Magic Eden's market share grew from 17% to 22%, while Blur's dominance dropped to 31%. 🎨 However, it wasn't all sunshine and rainbows. The total value of crypto locked in DeFi applications fell by $7 billion, a 4% decline from the previous quarter. Tron and Arbitrum took the biggest hits, dropping by 17% and 9%, respectively. But Ethereum layer-2 solutions Linea and Base bucked the trend, with Linea's TVL surging by 420% and Base's by 44%. 💰 DappRadar did caution that this dramatic growth might not be sustainable, attributing some of it to "airdrop farming". They emphasized the need for superior user experiences, solid development roadmaps, and strong teams for continued growth. 🧐 On a serious note, security remains a major concern, with Q2 2024 witnessing $430 million in losses due to security breaches, a 5% increase from the previous quarter. Ethereum and BNB Chain were the most affected, each accounting for about 28% of the incidents. Access control issues represented only 23% of incidents, but accounted for 75% of the total funds lost. 😰 Despite these challenges, the surge in Web3 users is a positive sign for the future of BTC and the broader crypto market. Let's see where Q3 takes us! 🚀🌕

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HARSH LESSON ‼️‼️‼️ ‼️‼️ A Harsh Lesson in Crypto Trading Losing $1150 in a single futures trade was a tough lesson, especially in Poland where every dollar counts. Misled by so-called crypto gurus who promised huge returns with high leverage based on unrealistic Bitcoin price predictions, I ended up making a costly mistake. Without the necessary technical analysis skills, I relied on Telegram signals, only to face significant financial losses. This experience highlighted the critical importance of thorough research and understanding the inherent risks in trading cryptocurrencies. Moving forward, I am dedicated to educating myself more deeply, avoiding high leverage without a solid strategy, and relying on credible sources for market insights. While it's a significant setback, it has taught me valuable lessons about patience, discipline, and the volatility of the crypto market. I'm committed to applying these lessons and becoming a more informed and cautious trader. #BinanceReferralProgram #LayerZero #CPIAlert #Write2Earn!

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Who needs some giveaways $BNB #Givewayusdt #BTC☀ #USDTfree #freeusdtgift #RedpecketReward

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$ATA PRICE ANALYSIS $ATA is building momentum, having found support at $0.08. The next resistance level to watch is $0.142, a potential upside of 77%. However, if the rally loses steam, the next support level is at $0.069. Historically, $ATA has shown significant growth, with a previous rally resulting in a 320% gain. To capitalize on this potential, consider the following tips: - Set a stop-loss at $0.069 to limit potential losses - Take profits at $0.142 to lock in gains - Keep an eye on volume and momentum indicators to confirm the upward trend - Consider diversifying your portfolio to minimize risk #ATAUSDT #Write2Earn! #BeginnerTrader #Beginners

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