🍕 Bitcoin's Pizza Day: A Slice of History!
- Remember when 10,000 BTC bought two pizzas? Well, those pies now cost a cool $978 million! Laszlo Hanyecz's 2010 purchase is the ultimate "oops" moment in crypto lore.
- Each year, Pizza Day (May 22) reminds us of Bitcoin's meteoric rise. From $41 in 2010 to a jaw-dropping $268 million in 2023, it's a wild ride!
- With predictions of Bitcoin hitting $180,000 by 2025, those pizzas might soon be worth $2 billion. Talk about a pricey pepperoni!
Stay tuned, crypto enthusiasts—next Pizza Day could be even cheesier!
🍕 Bitcoin's Most Expensive Pizzas Ever! 🍕
Remember when 10,000 BTC could buy you two Papa John's pizzas? Well, in 2010, programmer Laszlo Hanyecz made history (and a meme) by doing just that. Fast forward to today, and those pizzas would cost a whopping $978 million! Talk about inflation!
Every May 22, the crypto community celebrates 'Pizza Day,' reminiscing about the days when Bitcoin was just a tasty topping. From $41 in 2010 to a potential $2 billion by 2025, it's a slice of crypto history that keeps on giving.
What do you think? Share your thoughts in the comments! 🍕🚀
Tokenomics Explained: How Supply and Utility Impact Value 🚀
Ever wonder why some tokens take off while others flop? The answer lies in tokenomics — the mix of supply and utility that drives a token’s value.
Let’s break it down!
What Is Tokenomics? 🤔
Tokenomics is the blueprint of how a token works.
It’s about scarcity (how many tokens exist) and utility (what the token does).
Together, they decide if a token becomes the next Bitcoin or fades into obscurity.
1. Supply: Scarcity = Value 💎
Fixed Supply: Bitcoin is capped at 21 million coins. Fewer coins = more demand = higher value.
Think of gold: rare, valuable, desired.
Inflationary Supply: Dogecoin has no cap.
The more there is, the harder it is to hold value—unless demand keeps growing.
2. Utility: What’s It For? 🛠️
Tokens with real use cases have staying power.
Payments: Binance Coin (BNB) cuts trading fees.Apps: Ethereum (ETH) powers DeFi and NFTs.
Perks: Some tokens unlock exclusive rewards or services.
More utility means more demand, which often means higher value.
Why Tokenomics Matters 🧐
Smart investors look beyond hype.
A token with limited supply and real-world utility has better odds of success. Want to make informed choices? Start with the tokenomics.
What Do You Think? 💬
What’s your favorite token and why?
Drop your thoughts below, and let’s chat!
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As of November 23, 2024, here are the top-performing meme coins by market capitalization:
#mememcoinseason2024
Dogecoin ( $DOGE ): $57.2 billion
Shiba Inu ( $SHIB ): $14.39 billion
Pepe ( $PEPE ): $8.54 billion
Bonk (BONK): $4.16 billion
Dogwifhat (WIF): $3.3 billion
Floki (FLOKI): $2.44 billion
Dogelon Mars (ELON): $1.2 billion
Baby Doge Coin (BabyDoge): $1.1 billion
Kishu Inu (KISHU): $900 million
Hoge Finance (HOGE): $850 million
Akita Inu (AKITA): $800 million
Pitbull (PIT): $750 million
Sanshu Inu (SANSHU): $700 million
Husky (HUSKY): $650 million
CateCoin (CATE): $600 million
Samoyedcoin (SAMO): $550 million
Doge Killer (LEASH): $500 million
Shiba Predator (QOM): $450 million
DogeBonk (DOBO): $400 million
Woofy (WOOFY): $350 million
DogeCola (DOGECOLA): $300 million
DogeCash (DOGEC): $250 million
DogeSwap (DOGES): $200 million
DogeFi (DOGEFI): $150 million
DogeMoon (DOGEMOON): $100 million
DogeYield (DOGEYIELD): $90 million
DogeToken (DOGET): $80 million
DogeGold (DOGEG): $70 million
DogeSilver (DOGES): $60 million
DogeDiamond (DOGED): $50 million
DogePlatinum (DOGEP): $40 million
DogeTitanium (DOGETI): $30 million
DogeLithium (DOGEL): $20 million
DogeUranium (DOGEU): $15 million
DogePlutonium (DOGEP): $10 million
DogeNeptunium (DOGEN): $9 million
DogeKrypton (DOGEK): $8 million
DogeXenon (DOGEX): $7 million
DogeRadon (DOGER): $6 million
DogeFrancium (DOGEF): $5 million
DogeBeryllium (DOGEB): $4 million
DogeMagnesium (DOGEM): $3 million
DogeAluminum (DOGEA): $2 million
DogeSilicon (DOGESI): $1.5 million
DogePhosphorus (DOGEPH): $1 million
DogeSulfur (DOGESU): $900,000
DogeChlorine (DOGECH): $800,000
DogeArgon (DOGEAR): $700,000
DogeHelium (DOGEH): $600,000
DogeNeon (DOGEN): $500,000
Note: Cryptocurrency markets are highly volatile. The provided figures are approximate and subject to change. Investors should conduct thorough research and consider their risk tolerance before engaging in cryptocurrency investments.
📈 Memecoins to Watch This Week! 📈
🌟 $DOGE , $ELON, $SHIB , $BOBO, $FART 🌟
Trending on socials = POTENTIAL MOONSHOT. 🌕
🔥 Rule #1: Always have stop losses in place.
🔥 Rule #2: Watch the whales—they dictate trends.
🔥 Rule #3: Remember: not every pump is sustainable.
💎 Get in, get out, and secure your gains! 💎
"BITCOIN CAN'T BE KILLED" SAYS JIM CRAMER
Jim Cramer, the host of Mad Money, has made a bold statement: "Bitcoin can't be killed." This U-turn on his previous stance on Bitcoin comes as the cryptocurrency has reached a 21-month price high, showcasing a "remarkable comeback".¹ Cramer attributes this surge to growing institutional interest and traditional financial acceptance, signaling a potential larger bull market ahead.
Cramer's change of heart is significant, given his influence on Wall Street. He's now advising viewers to consider Bitcoin as a legitimate investment opportunity. This shift in sentiment could contribute to increased adoption and price growth for Bitcoin.
It's worth noting that Cramer's enthusiasm often precedes poor financial performance, known as the "reverse Cramer" effect. However, his statement still reflects the growing recognition of Bitcoin as a resilient and lucrative investment option.
#DigiByte operates on the #UTXO (Unspent Transaction Output) model, a core feature that enhances its security and scalability:
Privacy and Security: In a UTXO blockchain like DigiByte, every transaction creates new outputs, which can only be spent once. This prevents double-spending and enhances privacy because each address typically isn't reused, making it harder to track transaction histories directly linked to an individual user.
Scalability: The UTXO model inherently allows for parallel processing of transactions. Since each transaction can be validated independently, this leads to higher transaction throughput, making DigiByte capable of handling more transactions per second than traditional account-based blockchains.
Simplicity and Efficiency: Transactions in DigiByte are straightforward; unspent outputs from previous transactions are used as inputs for new ones. This model simplifies the state of the blockchain because there’s no need to maintain complex account balances. Instead, at any time, the state of the blockchain can be deduced from the UTXOs.
Decentralization: DigiByte's use of multiple mining algorithms (MultiAlgo) alongside the UTXO model further decentralizes mining power. This prevents any single entity from dominating the network, enhancing the security against 51% attacks.
Transparency and Immutability: Every UTXO in DigiByte is publicly recordable and traceable, providing a transparent ledger of all transactions while ensuring the immutability of the blockchain.
The UTXO model not only aligns with the original vision of #Bitcoin but also positions $DGB to be more resistant to certain types of blockchain vulnerabilities, offering a robust platform for digital transactions, smart contracts, and decentralized applications. This design inherently supports the ethos of decentralization, security, and user privacy that many in the crypto community value.
$XRP /USD ALERT: Big Move Brewing – Trade NOW! 🚨
$XRP is trading at 1.4887, showing a retracement from its recent high of 1.63. The chart suggests consolidation after a sharp rally, indicating a potential breakout or breakdown soon.
💡 Trade Setup:
• Long Entry: Above 1.52, targets 1.58, 1.62, and 1.67, with a stop loss at 1.48.
• Short Entry: Below 1.46, targets 1.42, 1.38, and 1.34, with a stop loss at 1.50.
📉 Market Outlook: $XRP shows bearish rejection from resistance but remains bullish if it stays above 1.46. A breakout could resume the upward trend, while a breakdown may confirm a bearish reversal.
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#GaryGenslerResignation #XRPAndSECShift #SOLHitsATH #BTCBreaks100K? #EyesOnBTC
Navigating the Crypto Landscape: A User's Concern
A dedicated Shibarium investor, Ms. Lucie, has raised a pertinent question about the potential for rug pulls within the cryptocurrency market. Despite her long-standing involvement in the community, she observes a recurring pattern among new projects: a rapid price surge followed by a significant decline.
Ms. Lucie’s concern highlights a common challenge faced by crypto investors. Rug pulls, where developers abscond with investors' funds, remain a persistent threat. While the Shibarium team has made significant strides in building a robust ecosystem, ensuring the security and longevity of projects is a collective responsibility.
To mitigate the risk of rug pulls, investors are advised to:
Conduct Thorough Research: Before investing in any project, it is crucial to scrutinize the team's credentials, project whitepaper, and community engagement.
Exercise Caution with New Projects: While new projects offer exciting opportunities, they also carry inherent risks. It's wise to approach them with a cautious mindset.
Diversify Your Portfolio: Spreading investments across multiple projects can help reduce exposure to potential losses.
Stay Informed: Keeping abreast of the latest developments in the crypto market can help investors make informed decisions.
As the cryptocurrency market continues to evolve, it's essential to remain vigilant and adopt a prudent investment strategy. By staying informed and taking necessary precautions, investors can navigate the complexities of the crypto world and minimize the risk of falling victim to malicious actors.
$XRP
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#shiba⚡