One of the Project that im very Bullish about. Cardano is very Important Project and According to my perspective view this is must hold Crypto Project in your Portfolio.
Why ADA is that Important? 🚀
Cardano is a blockchain network with its own use cases, fast and affordable transactions, and a growing number of smart contracts being built on top of it.
However When we look at the price level its not that Big changes in the price however still have to go more for ADA and im Bullish on it.Specially on next 1-2 years.
I think that Everyone who see this post also Invest in CARDANO, Because In future im hope to see more grow on the price of ADA.
Bitcoin halving, a pivotal event occurring approximately every four years, plays a crucial role in shaping the cryptocurrency landscape. This guide aims to shed light on the mechanics of Bitcoin halving and why it holds paramount importance for both investors and the overall market.
Bitcoin halving refers to the reduction in the reward given to miners for validating transactions, cutting it in half. The latest halving occurred in May 2020, reducing the reward from 12.5 to 6.25 bitcoins. This scarcity mechanism is fundamental to Bitcoin's design, fostering a controlled supply and diminishing inflation.
The event triggers an economic phenomenon, potentially influencing Bitcoin's value. As the supply dwindles, demand often surges, creating a supply-demand imbalance that historically correlates with price increases. This scarcity-driven appreciation is a key reason why Bitcoin halving matters, attracting attention from investors seeking to capitalize on the potential price movements associated with this unique occurrence.
Floki's developers have decided to burn $11 million worth of coins. This will reduce the supply of Floki by about 2%... that means Floki coin will be reduced by 190 billion 👀
After the burn event done by Floki in January 2023, the price of the coin increased by about 70% 🚀
What do you think will happen to Floki coin after the burn event this time?🌝
The new Binance Web3 Wallet airdrop is here! If you wanna do it... Just follow these steps 🙌
1.Go to the Binance "Web3 Wallet" 🔥
2.Click on Recieve ➡️ search "ETH" ➡️ select "OPTIMISM" as the network***** ➡️ Copy the Address 🔥
3.Go back to Binance "Exchange" ➡️ Wallets ➡️ Funding Wallet ➡️ Withdraw ➡️ search "ETH" ➡️ paste the copied address ➡️ select network as "OPTIMISM" ➡️ Transfer funds around 7.64$ worth of ETH(0.0025ETH roughly) (Including 0.64$ for gas fees) 🔥
4.Go back to the Web3 Wallet! ➡️ Go to "Discover" Tab ➡️ You will find the "Cyber Airdrop" 🔥
5.Click on "Join Campaign" ➡️ "Start the Mission" ➡️ Click "Connect to Mint" ➡️ Connect Web3 Wallet ➡️ Mint 🔥
1. Decrease means a decrease in the number of new bitcoins: The mining reward is being cut in half, so there won't be as many new bitcoins.
2. Prices may rise: Halving usually means a rise in bitcoin prices. With fewer new coins, the price could jump if demand remains high.
3. Tough times for some miners: Less mining earnings could hurt some smaller players, leading to a shift in the mining market.
4. Bitcoin may look even more valuable: A halving of the exchange rate could make bitcoin more rare, sort of like a digital version of gold.
5. Expect market fluctuations: Halving the exchange rate could cause the market to go a little crazy, with people trying to guess price changes and capitalize on them.
Guys are there are some important news to be released in today so please be careful 🙌
🔴 Unemployment Claims:-
This means the allowance paid by the government to people who have lost their jobs through no fault of their own (e.g.-Covid). We can consider this as a good indicator of a country's economy. If the unemployment claims value is high, it is not good enough for the dollar. If the unemployment claims value is low, it is good for the dollar, but not good enough for BTC
🔴Flash Services PMI:-
This is known as a pre-estimate of the Purchasing Managers Index (PMI) data. This is a good measure that we can get an idea about the final Purchasing Managers Index (PMI) data. 85%-90% of this data is calculated based on the Purchasing Managers Index survey. This data is released one week before the end of the survey period and is known as a good measure of the business conditions of private sector businesses in America. If its value is more than 50, it means that there is growth in private sector business. It is good for dollar, not good for BTC. If its value is less than 50, it means that there is a collapse in private sector business. It is not good for dollar, but good for BTC.
In addition, the market may become volatile due to the FOMC Member Jefferson Speech to be released tonight, so everyone be careful. It is very good if you do not trade at that time.
Binance is excited to announce the 47th project on Binance Launchpool - Portal (PORTAL), a cross-chain gaming platform with a mission to onboard more players to Web 3.0. The webpage is estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm PORTAL tokens over seven days, with farming starting from 2024-02-22 00:00 (UTC).
I already Shared with you about that possible moment from the BTC however its Worked very well (Reached 52985),but it didnt hit TP1 but Still we could booked good amount of Profits🚀
If someone who entered to it let me know 😍
Sometimes we have to take risks for Greater Results😇
Congratulations to everyone who took profits from this🙌