So sir, we have an army of cryptocurrencies.

By 2024, there will be more than 2.52 million cryptocurrencies, which is 5.7 times more than the 1.15 million that existed at the end of 2021.

That means around 5300 new tokens are being born every day.

Now it is the case that in the season of memecoins the birth record is broken, in March 2024 there were 195375 new tokens.

But also hear that not every cryptocurrency is destined for fame.

More than 50% of cryptocurrencies are those that have failed. Of the projects launched during the 2020-2021 bull run, 7530 cryptocurrencies have died, which is 60% of the cryptocurrencies that died.

So bro, welcome to the world of crypto, where new tokens spring up every day and then go away in a matter of days.

$BTC -So far btc not showing reversal strength. but these two blue lines close above the first one is short-term reversal activation and the second one is a mid-term reversal. but we might still get the final dip. hopefully. better to finish up now. and not wait a few more days #bitcoinhalving #WIF #BTCHalvingApril2024