5 years experience in the Blockchain, crypto, and metaverse, Instructor in blockchain technology, explaining to beginners the fields like Crypto and Metaverse,
An #EVM (#Ethereum Virtual Machine) chain address is a unique identifier used to send and receive transactions on any #blockchain network that supports the Ethereum Virtual Machine. These addresses typically start with "0x," followed by a string of 40 hexadecimal characters (digits 0â9) and letters aâf. For example, an EVM chain address might look like this: 0x1234567890abcdef1234567890abcdef12345678. These addresses are used to interact with smart contracts, transfer tokens, and perform other blockchain activities within the EVM ecosystem.
đ Crypto Trading Strategies: What You Need to Knowđ
1. HODLing đ - Advantage: Simple, no need for constant monitoring. - Risk: Market volatility; potential long-term loss if prices drop.
2. Day Trading đ - Advantage: Quick profits from short-term price movements. - Risk: High stress and requires significant time and market knowledge.
3. Swing Trading đą - Advantage: Captures medium-term trends; less stressful than day trading. - Risk: Market reversals can lead to unexpected losses.
4. Scalping⥠- Advantage: Profits from small price changes; high frequency of trades. - Risk: Requires constant attention; small margins can lead to significant losses.
Understand the risks and choose the strategy that suits your style! đȘ
đ What are Crypto Airdrops? How do they work? đ
Crypto airdrops are like free giveaways but in the world of cryptocurrency! đ Imagine getting free tokens just for being part of a community or holding a certain coin. Sounds cool, right? Here's how it works:
1. Sign Up or Hold Coins: Sometimes, you just need to hold a specific crypto in your wallet or sign up for a project. 2. Receive Free Tokens: The project sends free tokens directly to your wallet. No strings attached! 3. Use or Trade: You can use these tokens within the project's ecosystem or trade them on exchanges.
Itâs a great way for projects to promote themselves and for you to get some free crypto! đž
 -Current price: $147.81 (-3.59% in 24 hours)  -7Day change: +19.76%  -Circulating supply: 88.8 billion  -Market cap: $69.14 billion  -Total supply: 575.38 million tokens  -24-hour trading volume: $3.38 billion  -Fully diluted market cap: $88.8 billion
#Unique #Features of #Solana: Â - Utilizes permissionless blockchain technology for DeFi solutions. Â - Officially launched in March 2020 by the Solana Foundation. Â - Facilitates DApp creation with a hybrid consensus model combining PoH and PoS. Â - PoH consensus, developed by Anatoly Yakovenko, enhances scalability. Â - Known for incredibly short processing times, attracting institutional interest. Â - Promises low transaction costs and scalability for both small-time users and enterprises. Â - Ranks 5th on CoinMarketCap. Â - Experienced significant growth, with a price increase of over 700% since mid-July 2021. Â - Despite praise for speed and performance, Solana has faced challenges such as network outages and accusations of favoring venture capital investors.