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Crypto-Trader , Medical doctor, passionate about Telmedicine, Blockchain technology and Cryptocurrency. MBChB (MakU), MSc BCT/Digital Money (UNIC)
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Any one good at affiliate marketing , I have a gig for you. $30 per successful referral . NB you need a verified Binance account or any other exchange.
Royal Q link: https://royalqs.com/s/6EHCU
Royal Q link: https://royalqs.com/s/6EHCU
Now 1 week and a half in these trades , any advice for the Futures novice ?
$GOAT $LPT $MOODENG $BTC
#BinanaceFutureTrading
$GOAT $LPT $MOODENG $BTC
#BinanaceFutureTrading
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$TRX $tron $afro
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Tron Blockchain Analysis : How Meme Coins Are Driving Its Dominance
The post Tron Blockchain Analysis : How Meme Coins are Driving Its Dominance appeared first on Coinpedia Fintech News
With an 8.40% dominance, Tron is the second-largest blockchain after Ethereum, which enjoys a massive dominance of 55.99%. In the last seven days, Tron has seen a positive change of 2.7%. It has also experienced a rise in energy consumption. These developments have brought significant attention from the cryptocurrency community to the blockchain. A Tron-based platform, SunPump, launched in August, has been well-received by the Meme Coin community. Many believe there is a link between SumPump’s success and Tron’s growth. Let’s analyze further. Ready?
Tron Blockchain Growth Analysis
The 24-hour volume of Tron is $33,996,813, and its dominance is 8.40%. In the last 24 hours alone, the blockchain has recorded a positive change of +1.9%.
Soaring Network Activity Drives Energy Demand
On July 25, 2024, the Tron energy consumption index was at 89,489,849,184. Since then, the index has grown steadily. By August 21, it reached 200,315,456,147. Yesterday, it touched a three-month peak of 250,695,275,478. In the last three months, the Tron energy consumption index has recorded an impressive rise of 180.13%. On average, the daily energy consumption of Tron has been 184.73b in the last 30 days.
Tron uses more energy in high-demand times to keep gas fees stable. Therefore, this rise in energy consumption of Tron could be regarded as an indication of growing usage and adoption across this blockchain network.
The Role of DeFi and Meme Coins on Tron’s Growth
Yesterday, the Total Value Locked of Tron was $15,835,598,969. On July 25, it was $22,193,091,458. This month, it has fluctuated between $15,632,982,694 and $19,378,663,148. The current TVL is $16.30b.
SunPump, a Tron-based platform that allows users to create and trade Meme Coins with ease, was launched in August. In mid-August, there were only 2,035 tokens under the SunPump Meme category. By August 21, it grew to 25,054. Right now, the total number of tokens launched on SunPump is as high as 91,225.
SUNDOG, BULL, TBULL, CZC, SunJoker, IVfun, $Afro, PUSS, SUNWukong and NitroSnail are the top ten SunPump Meme Coins by market cap.
As per a recent report, SunPump has helped Tron to earn at least $5.4 million in revenue.
Also Read :
Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025
,
TRX Price Performance and Market Potential: An Overview
In the last 30 days, TRX has seen an increase of 10.3%. At the start of this month, the TRX price was $0.1535. The TRX monthly chart has formed a higher-high pattern this month. On October 3, the TRX price climbed to $0.1577. On October 12, it hit another peak of $0.1624. At present, it stands at $0.1659 – at least 2.15% higher than the previous peak. In the last seven days, the market has recorded a surge of 4.4%. Notably, at least a 1.8% increase has been registered in the last 24 hours alone.
In conclusion, Tron’s rapid growth, expanding ecosystem, and efficient network design position it well for future gains.
What do you think? Share your thoughts with Coinpedia!
With an 8.40% dominance, Tron is the second-largest blockchain after Ethereum, which enjoys a massive dominance of 55.99%. In the last seven days, Tron has seen a positive change of 2.7%. It has also experienced a rise in energy consumption. These developments have brought significant attention from the cryptocurrency community to the blockchain. A Tron-based platform, SunPump, launched in August, has been well-received by the Meme Coin community. Many believe there is a link between SumPump’s success and Tron’s growth. Let’s analyze further. Ready?
Tron Blockchain Growth Analysis
The 24-hour volume of Tron is $33,996,813, and its dominance is 8.40%. In the last 24 hours alone, the blockchain has recorded a positive change of +1.9%.
Soaring Network Activity Drives Energy Demand
On July 25, 2024, the Tron energy consumption index was at 89,489,849,184. Since then, the index has grown steadily. By August 21, it reached 200,315,456,147. Yesterday, it touched a three-month peak of 250,695,275,478. In the last three months, the Tron energy consumption index has recorded an impressive rise of 180.13%. On average, the daily energy consumption of Tron has been 184.73b in the last 30 days.
Tron uses more energy in high-demand times to keep gas fees stable. Therefore, this rise in energy consumption of Tron could be regarded as an indication of growing usage and adoption across this blockchain network.
The Role of DeFi and Meme Coins on Tron’s Growth
Yesterday, the Total Value Locked of Tron was $15,835,598,969. On July 25, it was $22,193,091,458. This month, it has fluctuated between $15,632,982,694 and $19,378,663,148. The current TVL is $16.30b.
SunPump, a Tron-based platform that allows users to create and trade Meme Coins with ease, was launched in August. In mid-August, there were only 2,035 tokens under the SunPump Meme category. By August 21, it grew to 25,054. Right now, the total number of tokens launched on SunPump is as high as 91,225.
SUNDOG, BULL, TBULL, CZC, SunJoker, IVfun, $Afro, PUSS, SUNWukong and NitroSnail are the top ten SunPump Meme Coins by market cap.
As per a recent report, SunPump has helped Tron to earn at least $5.4 million in revenue.
Also Read :
Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025
,
TRX Price Performance and Market Potential: An Overview
In the last 30 days, TRX has seen an increase of 10.3%. At the start of this month, the TRX price was $0.1535. The TRX monthly chart has formed a higher-high pattern this month. On October 3, the TRX price climbed to $0.1577. On October 12, it hit another peak of $0.1624. At present, it stands at $0.1659 – at least 2.15% higher than the previous peak. In the last seven days, the market has recorded a surge of 4.4%. Notably, at least a 1.8% increase has been registered in the last 24 hours alone.
In conclusion, Tron’s rapid growth, expanding ecosystem, and efficient network design position it well for future gains.
What do you think? Share your thoughts with Coinpedia!
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Hey guys, I am new into Crypto Futures trading . Any tips for a beginner like me in futures?
#FuturesVsSpot
#FuturestradingSignals #SpotTradingFTW #bitcoin☀️
#FuturesVsSpot
#FuturestradingSignals #SpotTradingFTW #bitcoin☀️
## A Beginner's Guide to Cryptocurrency Trading
**Understanding Cryptocurrency Trading**
Cryptocurrency trading involves buying and selling digital assets like Bitcoin and Ethereum on cryptocurrency exchanges. Traders aim to profit from price fluctuations by buying low and selling high.
**Key Differences Between Stock and Crypto Trading**
* **Volatility:** Cryptocurrencies are significantly more volatile than traditional stocks.
* **Regulation:** The cryptocurrency market is less regulated, leading to higher risks and rewards.
* **Technology:** Cryptocurrencies are built on blockchain technology, a decentralized system that records transactions.
**Steps to Start Crypto Trading**
1. **Choose a Reliable Exchange:** Select a reputable exchange that aligns with your needs and complies with local regulations.
2. **Set Up an Account:** Create an account, provide necessary identification, and complete the KYC process.
3. **Deposit Funds:** Fund your account using various methods like bank transfers, credit/debit cards, or other cryptocurrencies.
4. **Understand the Basics:** Learn about technical analysis, fundamental analysis, and risk management strategies.
5. **Start Trading:** Begin with smaller trades to gain experience and gradually increase your investment as you become more confident.
**Important Considerations**
* **Risk Management:** Crypto trading is inherently risky. It's crucial to manage risk by diversifying your portfolio, setting stop-loss orders, and avoiding emotional decision-making.
* **Security:** Protect your account and funds by using strong passwords, enabling two-factor authentication, and storing your cryptocurrency in secure wallets.
* **Continuous Learning:** Stay updated on market trends, technological advancements, and regulatory changes.
**Conclusion**
Cryptocurrency trading offers both exciting opportunities and significant risks. By understanding the fundamentals, managing risks effectively, and staying informed, you can navigate the dynamic world of cryptocurrencies and potentially achieve your financial goals.
**Understanding Cryptocurrency Trading**
Cryptocurrency trading involves buying and selling digital assets like Bitcoin and Ethereum on cryptocurrency exchanges. Traders aim to profit from price fluctuations by buying low and selling high.
**Key Differences Between Stock and Crypto Trading**
* **Volatility:** Cryptocurrencies are significantly more volatile than traditional stocks.
* **Regulation:** The cryptocurrency market is less regulated, leading to higher risks and rewards.
* **Technology:** Cryptocurrencies are built on blockchain technology, a decentralized system that records transactions.
**Steps to Start Crypto Trading**
1. **Choose a Reliable Exchange:** Select a reputable exchange that aligns with your needs and complies with local regulations.
2. **Set Up an Account:** Create an account, provide necessary identification, and complete the KYC process.
3. **Deposit Funds:** Fund your account using various methods like bank transfers, credit/debit cards, or other cryptocurrencies.
4. **Understand the Basics:** Learn about technical analysis, fundamental analysis, and risk management strategies.
5. **Start Trading:** Begin with smaller trades to gain experience and gradually increase your investment as you become more confident.
**Important Considerations**
* **Risk Management:** Crypto trading is inherently risky. It's crucial to manage risk by diversifying your portfolio, setting stop-loss orders, and avoiding emotional decision-making.
* **Security:** Protect your account and funds by using strong passwords, enabling two-factor authentication, and storing your cryptocurrency in secure wallets.
* **Continuous Learning:** Stay updated on market trends, technological advancements, and regulatory changes.
**Conclusion**
Cryptocurrency trading offers both exciting opportunities and significant risks. By understanding the fundamentals, managing risks effectively, and staying informed, you can navigate the dynamic world of cryptocurrencies and potentially achieve your financial goals.
$X empire listing today 😀
$X Day 🪙
October 24, 12:00 UTC
Where?
OKX, Bybit, Bitget, Wallet, Gate, KuCoin, MEXC, BingX and others.
When?
6:00 San Francisco
8:00 New York
12:00 UTC
13:00 London
14:00 Prague
15:00 Kyiv/Moscow
15:30 Tehran
16:00 Dubai
17:00 Tashkent/Orenburg
17:30 Delhi
20:00 Hong Kong
21:00 Kyoto
🚩🚩
$X Day 🪙
October 24, 12:00 UTC
Where?
OKX, Bybit, Bitget, Wallet, Gate, KuCoin, MEXC, BingX and others.
When?
6:00 San Francisco
8:00 New York
12:00 UTC
13:00 London
14:00 Prague
15:00 Kyiv/Moscow
15:30 Tehran
16:00 Dubai
17:00 Tashkent/Orenburg
17:30 Delhi
20:00 Hong Kong
21:00 Kyoto
🚩🚩
https://app.binance.com/uni-qr/cpos/14736708092882?r=434571126&l=en&uco=rTq4Aywn-CjhNbuQ96yzww&uc=app_square_share_link&us=copylink
This takes effort and lots of practice.
The majority of trading is to dissociate with the emotions that arise as you watch the rise and fall of the markets. It is the ability to very gradually realize that what your emotions say is happening, meaning fear of loss (aka death) or hope of gain (aka safety and immortality), does not actually have any meaning.
That is why the people who have traded and succeeded after a certain period of time (regardless of whether they are pros, retail traders, phd.s or high school dropouts) usually say that making money is rote, meaning mechanical, even boring. That is because the natural, instinctual sense of life or death that is hardwired in the amygdala is not kicking in to give one great highs or intense suicidal lows.
So if a trader does not recognize this very root sense that arises during trading, then no technique, strategy or amount of academic education will equate to success in the markets. This is why so many fail. It is not because they are incapable, it is because one has to first identify what really is the cause of their mistakes and then ALSO have the ability to change it.
The amygdala hijack reflex is so evolutionarily hardwired into our systems that it is very hard to transform, BUT it can be done! So to those of you who are willing to dig deep into your own selves, then this will be a journey worth taking as it will not only affect your trading account and financial health, but your overall outlook as a human being, as in the end, you will not be as swept away by the tides of fear and hope as most people are.
Share your experiences 😉
This takes effort and lots of practice.
The majority of trading is to dissociate with the emotions that arise as you watch the rise and fall of the markets. It is the ability to very gradually realize that what your emotions say is happening, meaning fear of loss (aka death) or hope of gain (aka safety and immortality), does not actually have any meaning.
That is why the people who have traded and succeeded after a certain period of time (regardless of whether they are pros, retail traders, phd.s or high school dropouts) usually say that making money is rote, meaning mechanical, even boring. That is because the natural, instinctual sense of life or death that is hardwired in the amygdala is not kicking in to give one great highs or intense suicidal lows.
So if a trader does not recognize this very root sense that arises during trading, then no technique, strategy or amount of academic education will equate to success in the markets. This is why so many fail. It is not because they are incapable, it is because one has to first identify what really is the cause of their mistakes and then ALSO have the ability to change it.
The amygdala hijack reflex is so evolutionarily hardwired into our systems that it is very hard to transform, BUT it can be done! So to those of you who are willing to dig deep into your own selves, then this will be a journey worth taking as it will not only affect your trading account and financial health, but your overall outlook as a human being, as in the end, you will not be as swept away by the tides of fear and hope as most people are.
Share your experiences 😉
Why is trading so hard?
Buy lower and sell higher. What is so difficult about that?
The root cause that makes trading so difficult is mainly due to a seldom talked about or recognized aspect of trading which is called the amygdala hijack.
Trading and money is akin to survival, it affects the part of our brain called the amygdala or the reptilian brain. It is an evolutionary knee reflex reaction that triggers pain or pleasure, fear or hope. So if one wins a trade, there is great euphoria, followed by fantasies of wealth, if one loses, there is great pain, regret and frustration, usually followed by anger and revenge (trading).
On a cognitive level, you can say do this or do that when standing on the sidelines looking in, kinda like yelling at the players when watching a game. However, when an individual is IN the game, that objective perspective is replaced by a very deep and total animal sense of survival, there is very little to no subjectivity. That is why it is hard to see the market clearly when one has something at stake in it. You are mainly just focused on how near or far the market is from your entry point.
So to be good at trading, a person has to have a great sense of self awareness and emotional intelligence more than anything else. It is a fallacy that most people believe you have to be good at math to trade. That couldn’t be further from the truth. Trading is mainly pattern recognition, which is very straight forward, in truth 90% of trading it is being able transcend your emotions when they arise. Note, that I didn’t say remove or ignore your emotions.
Trying to say, “don’t feel fear”, or “be emotionless”, is like trying to say don’t be frighten when watching a horror movie, or don’t get aroused when watching an adult movie. That is not to say you can’t subvert it, you can, BUT first you must recognize what the situation is and realize what you are getting into. Then, once you know the playing field, you can mentally prep yourself before getting into it and be ready for when the emotions DO arise.
Buy lower and sell higher. What is so difficult about that?
The root cause that makes trading so difficult is mainly due to a seldom talked about or recognized aspect of trading which is called the amygdala hijack.
Trading and money is akin to survival, it affects the part of our brain called the amygdala or the reptilian brain. It is an evolutionary knee reflex reaction that triggers pain or pleasure, fear or hope. So if one wins a trade, there is great euphoria, followed by fantasies of wealth, if one loses, there is great pain, regret and frustration, usually followed by anger and revenge (trading).
On a cognitive level, you can say do this or do that when standing on the sidelines looking in, kinda like yelling at the players when watching a game. However, when an individual is IN the game, that objective perspective is replaced by a very deep and total animal sense of survival, there is very little to no subjectivity. That is why it is hard to see the market clearly when one has something at stake in it. You are mainly just focused on how near or far the market is from your entry point.
So to be good at trading, a person has to have a great sense of self awareness and emotional intelligence more than anything else. It is a fallacy that most people believe you have to be good at math to trade. That couldn’t be further from the truth. Trading is mainly pattern recognition, which is very straight forward, in truth 90% of trading it is being able transcend your emotions when they arise. Note, that I didn’t say remove or ignore your emotions.
Trying to say, “don’t feel fear”, or “be emotionless”, is like trying to say don’t be frighten when watching a horror movie, or don’t get aroused when watching an adult movie. That is not to say you can’t subvert it, you can, BUT first you must recognize what the situation is and realize what you are getting into. Then, once you know the playing field, you can mentally prep yourself before getting into it and be ready for when the emotions DO arise.
For those beginners who don't know the terms of Bearish & Bullish.
In finance and trading, "bullish" and "bearish" are terms used to describe market trends and investor attitudes:
Bullish:
- Refers to a rising market or increasing prices
- Investors are optimistic, expecting prices to go up
Characterized by:
- Increasing demand
- High confidence
- Upward trend
- Buying pressure
Example: "The stock market has been bullish lately, with prices reaching new highs."
Bearish:
- Refers to a falling market or decreasing prices
- Investors are pessimistic, expecting prices to go down
Characterized by:
- Decreasing demand
- Low confidence
- Downward trend
- Selling pressure
Example: "The cryptocurrency market has been bearish for weeks, with prices dropping significantly."
These terms can also be used to describe individual investor attitudes:
- A bullish investor is optimistic and expects prices to rise.
- A bearish investor is pessimistic and expects prices to fall.
Remember, market trends can change quickly, and it's essential to stay informed and adapt your strategy accordingly.
In finance and trading, "bullish" and "bearish" are terms used to describe market trends and investor attitudes:
Bullish:
- Refers to a rising market or increasing prices
- Investors are optimistic, expecting prices to go up
Characterized by:
- Increasing demand
- High confidence
- Upward trend
- Buying pressure
Example: "The stock market has been bullish lately, with prices reaching new highs."
Bearish:
- Refers to a falling market or decreasing prices
- Investors are pessimistic, expecting prices to go down
Characterized by:
- Decreasing demand
- Low confidence
- Downward trend
- Selling pressure
Example: "The cryptocurrency market has been bearish for weeks, with prices dropping significantly."
These terms can also be used to describe individual investor attitudes:
- A bullish investor is optimistic and expects prices to rise.
- A bearish investor is pessimistic and expects prices to fall.
Remember, market trends can change quickly, and it's essential to stay informed and adapt your strategy accordingly.
Beginner's introduction to Blockchain technology and Cryptocurrency !
Blockchain is a distributed digital ledger technology that securely records transactions and tracks assets in a network. It is a growing technology that has the potential to revolutionize a variety of industries.**Key features:*** **Decentralization:** Blockchain networks are decentralized, meaning that there is no single entity in control of the ledger. This makes them resistant to censorship and manipulation.* **Security:** Blockchains use cryptography to secure transactions and data. This makes them highly secure and resistant to hacking.* **Transparency:** Blockchain transactions are transparent, meaning that anyone can view them. This makes it difficult to hide illicit activity.* **Efficiency:** Blockchains can be more efficient than traditional systems, as they can reduce the need for intermediaries.**Use cases of Blockchain:*** **Financial services:** Blockchain is being used to develop new financial products and services, such as cryptocurrencies and digital payments.* **Supply chain management:** Blockchain can be used to track the movement of goods and materials through a supply chain.* **Healthcare:** Blockchain can be used to securely store and share medical records.* **Government:** Blockchain can be used to improve the efficiency and transparency of government services.**Overall, Blockchain is a powerful technology that has the potential to transform a variety of industries. However, it is still a relatively new technology, and there are still many challenges to be overcome.**
.
Blockchain is a distributed digital ledger technology that securely records transactions and tracks assets in a network. It is a growing technology that has the potential to revolutionize a variety of industries.**Key features:*** **Decentralization:** Blockchain networks are decentralized, meaning that there is no single entity in control of the ledger. This makes them resistant to censorship and manipulation.* **Security:** Blockchains use cryptography to secure transactions and data. This makes them highly secure and resistant to hacking.* **Transparency:** Blockchain transactions are transparent, meaning that anyone can view them. This makes it difficult to hide illicit activity.* **Efficiency:** Blockchains can be more efficient than traditional systems, as they can reduce the need for intermediaries.**Use cases of Blockchain:*** **Financial services:** Blockchain is being used to develop new financial products and services, such as cryptocurrencies and digital payments.* **Supply chain management:** Blockchain can be used to track the movement of goods and materials through a supply chain.* **Healthcare:** Blockchain can be used to securely store and share medical records.* **Government:** Blockchain can be used to improve the efficiency and transparency of government services.**Overall, Blockchain is a powerful technology that has the potential to transform a variety of industries. However, it is still a relatively new technology, and there are still many challenges to be overcome.**
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$HMSTR. I know most of us didn't get as many tokens as we had hoped despite the massive data, time, energy we input in this game. I believe the next big thing to look at in this Game is the listing price. If the price is $1 and above , probably the small tokens we received would be worth it . With the coming up $BULLRUN, let's Hold onto our small tokens even after listing . This could still be a game changer .
$HAMSTER $HMSTR Partners with Binance launch pad for listing on 26th September !!
🔥🔥
🔥🔥