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Factors affecting cryptocurrency prices
Now that we have reviewed the comparison between meme coins and major currencies, it is time to talk about the factors that generally affect the prices of all cryptocurrencies. These factors are intertwined and interact with each other, and can lead to significant price fluctuations.
Main factors affecting cryptocurrency prices:
Main factors affecting cryptocurrency prices:
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* What do you think about the phenomenon of "DeFi" (Decentralized Finance)?
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$BNB
DeFi offers new and exciting possibilities, but it is not without risks. Investors should understand the technology well before participating.
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DeFi offers new and exciting possibilities, but it is not without risks. Investors should understand the technology well before participating.
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* What is the role of the environment in the digital currency industry?
The high energy consumption in the mining process represents a major environmental challenge. Many projects are working to develop more sustainable solutions.
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1. Log in to my account
2. Log in to your first pinned post
3. Click Get Reward
* What is the role of the environment in the digital currency industry?
The high energy consumption in the mining process represents a major environmental challenge. Many projects are working to develop more sustainable solutions.
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The future is bright for cryptocurrencies. They are expected to play an increasing role in the global financial system, but whether they will replace traditional currencies is an ongoing debate. We may see cryptocurrencies increasingly used in everyday payments, and perhaps even in government payment systems.
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Get ready for a strong start for 1MBABYDOGE:
Scientific analyses highlight the chances of the upcoming rise!
$1MBABYDOGE
By analyzing the attached chart, it is noted that the currency is in a natural price correction phase within a time cycle indicating the near end of the downward wave and the entry into a new upward wave. Based on the following elements:
1. Support and resistance:
The chart shows that the currency has stabilized at strong support levels around 0.0021447, reflecting buying power defending this level.
$1MBABYDOGE
By analyzing the attached chart, it is noted that the currency is in a natural price correction phase within a time cycle indicating the near end of the downward wave and the entry into a new upward wave. Based on the following elements:
1. Support and resistance:
The chart shows that the currency has stabilized at strong support levels around 0.0021447, reflecting buying power defending this level.
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Meme Coins vs. Major Coins: A Battle for Liquidity
Now that we’ve covered the basics and different types of cryptocurrencies, it’s time to delve into the market dynamics and compare two major categories of coins: meme coins and major coins like Bitcoin, Ethereum, and Solana. In this article, we’ll cover how liquidity moves between these coins and how this movement impacts their performance.
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Pepe: The Viral Phenomenon That Rocked the Crypto World
What is Pepe coin?
Pepi Coin ($PEPE ) is a cryptocurrency that suddenly appeared in 2023, inspired by the popular Pepi the Frog meme. Despite not having a specific technology or project associated with it, it gained massive popularity in a short time thanks to viral marketing on social media platforms.
How did you start?
Baby Coin started out as a joke among a group of people on 4chan, but quickly spread like wildfire across platforms like Twitter and Reddit. It was created on the Ethereum network, and a huge amount of it was distributed for free to users.
Pepi Coin ($PEPE ) is a cryptocurrency that suddenly appeared in 2023, inspired by the popular Pepi the Frog meme. Despite not having a specific technology or project associated with it, it gained massive popularity in a short time thanks to viral marketing on social media platforms.
How did you start?
Baby Coin started out as a joke among a group of people on 4chan, but quickly spread like wildfire across platforms like Twitter and Reddit. It was created on the Ethereum network, and a huge amount of it was distributed for free to users.
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Types of digital currencies
In the previous two articles, we learned about the concept of cryptocurrencies and the blockchain technology that underpins them. Now, let’s delve deeper into the world of cryptocurrencies and explore the different types available.
Diversity of digital currencies:
Although all cryptocurrencies are based on blockchain technology, they differ in purpose, functionality, and technical characteristics. Cryptocurrencies can be classified into several main categories:
Diversity of digital currencies:
Although all cryptocurrencies are based on blockchain technology, they differ in purpose, functionality, and technical characteristics. Cryptocurrencies can be classified into several main categories:
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Blockchain Technology - The Backbone of Cryptocurrencies
introduction:
In the previous article, we learned about the concept of digital currencies and their importance. But what makes these currencies work efficiently and securely? The answer lies in blockchain technology. In this article, we will learn about this technology in detail and how it contributes to the operation of digital currencies.
What is blockchain technology?
Blockchain is a decentralized, transparent digital ledger that records all transactions made in a cryptocurrency network. Think of it like a giant accounting book, but instead of being in one place, it’s distributed and stored on thousands of computers around the world.
In the previous article, we learned about the concept of digital currencies and their importance. But what makes these currencies work efficiently and securely? The answer lies in blockchain technology. In this article, we will learn about this technology in detail and how it contributes to the operation of digital currencies.
What is blockchain technology?
Blockchain is a decentralized, transparent digital ledger that records all transactions made in a cryptocurrency network. Think of it like a giant accounting book, but instead of being in one place, it’s distributed and stored on thousands of computers around the world.
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What are cryptocurrencies?
introduction:
Cryptocurrencies are one of the most significant technological revolutions of the past decade. These digital currencies have changed the way we view money and financial transactions, and opened up new horizons for investment and trade. But what exactly are cryptocurrencies? And what makes them different from traditional currencies?
Definition of digital currencies:
Cryptocurrencies are one of the most significant technological revolutions of the past decade. These digital currencies have changed the way we view money and financial transactions, and opened up new horizons for investment and trade. But what exactly are cryptocurrencies? And what makes them different from traditional currencies?
Definition of digital currencies:
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🚨 Printing USDT in this massive way and buying funds by the billions can make Bitcoin break the $100,000 barrier easily, and after that we may see a correction because the price of $100,000 is emotional resistance
We follow and see
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• Just for information, another $4B billion of USDT was printed in the past 4 days, in addition to the millions of dollars that are being printed in the treasury of $USDC as well 😯
• Advice especially for futures owners, do not be against the trend and enter shorts because the acquisition may go down and we will see a strong rise in currencies, even if it does not go down a lot, some currencies may rise strongly, and it is better to stay away from the futures entirely, burning money 👌
• If you have currencies, hold on to them, and if you profit, take the profit on stages
⚡️⚡️⚡️⚡️⚡️
$BNB
We follow and see
$BTC
• Just for information, another $4B billion of USDT was printed in the past 4 days, in addition to the millions of dollars that are being printed in the treasury of $USDC as well 😯
• Advice especially for futures owners, do not be against the trend and enter shorts because the acquisition may go down and we will see a strong rise in currencies, even if it does not go down a lot, some currencies may rise strongly, and it is better to stay away from the futures entirely, burning money 👌
• If you have currencies, hold on to them, and if you profit, take the profit on stages
⚡️⚡️⚡️⚡️⚡️
$BNB