The results of the US elections drove the cryptocurrency market up. On November 6, after Trump's victory, the price of Bitcoin hit a new high of $75,361.09. This new high in Bitcoin prices is driven by multiple factors including the halving cycle, the results of the US elections (cryptocurrency compliance policies), and the Federal Reserve's interest rate cuts, among which the BTC halving cycle plays an important role.
Looking back at the development history of Bitcoin, we can see the significant impact of its halving events on prices.
From 2010 to 2013, during the first bull-bear cycle, Bitcoin rewards decreased from 50 to 25, and the price rose from a low of 11 USDT to 260 USDT, an increase of 23 times. In the second cycle from 2014 to 2017, Bitcoin rewards decreased from 25 to 12.52, and the price rose from a low of 430 USDT to 20000 USDT, an increase of 46.5 times.
In the third cycle from 2018 to 2021, the Bitcoin reward decreased from 12.5 to 6.25, and the price rose from a low of 3150 USDT to 69000 USDT, an increase of 22 times.
Each halving of Bitcoin production is accompanied by a significant price increase. The fourth Bitcoin halving cycle that begins in 2024, coupled with the US presidential election, has led many institutions to be optimistic about Bitcoin's subsequent upward potential.
In the world of cryptocurrency, deflationary mechanisms are often closely linked to the increase in token value. The WorldBrain ecosystem token WBC has currently achieved significant deflation, with a destruction amount reaching 188 million WBC, accounting for about 47% of the current supply. Recently, the new version 2.0 of WorldBrain has launched smart embodied space activation and the WBC stable gain plan for large staking financial management, among other initiatives. It can be expected that more WBC will be burned and staked, which will undoubtedly have a significant impact on the scarcity of WBC and its potential value. According to real-time data from CoinMarketCap, the price of WBC surged from $0.03185 to $0.080 in just one week, a rise of up to 3 times.
The WorldBrain ecosystem token WBC has achieved significant deflation, accounting for nearly half of the current supply.
The latest on-chain data from Arbiscan.io shows that the current supply of WBC is 401,027,397, with a destruction amount of 188,294,762, accounting for about 47% of the current supply. WorldBrain is firmly implementing the token economic deflationary mechanism, demonstrating its commitment to maintaining WBC's value and promoting the sustainable development of the ecosystem. With the continued destruction of WBC, holders can expect an increase in its value.
The positive flywheel effect under the WorldBrain neural network interaction incentives and deflationary mechanism.
In the economic model of WorldBrain, the total issuance of WBC is 10 billion, and it is guaranteed that there will be no further issuance. To ensure the stability and convenience of the entire economic system of WBC, WorldBrain has introduced a deflationary metabolism mechanism at the smart interaction and consumption end, with a total metabolic surplus of 100 million WBC, meaning the total metabolic ratio is 99%.
WorldBrain's deflationary mechanism connects various aspects such as neural network incentive smart interactions, the use of WorldBrain Chat functionality, and circulation in exchanges. Purchasing, using, and staking for mining through these channels will burn WBC, thereby increasing the scarcity and value of the token.
WorldBrain has adopted various strategies to maintain WBC's value. Through technological innovation, ecosystem construction, metabolic deflationary mechanisms, the use of intelligent chatbots, and community participation, WorldBrain maintains the value of WBC.
The newly upgraded WorldBrain 2.0 embodied space intelligence has led to a surge in WBC demand.
WorldBrain is undergoing a transformation and upgrade from a global perspective, closely collaborating with 1X Technologies and World Labs to integrate world models, embodied intelligence, and virtual universe (space intelligence), creating an intelligent ecosystem where the virtual and real intertwine.
In the WorldBrain 2.0 virtual universe ecosystem, users can accumulate materials and activate brain regions and embodied IDs. Embodied IDs are divided into primary and intelligent embodiments. Embodied users can receive exclusive NFT benefits for free, enjoying rights such as free use of WorldBrain Chat, ecosystem dividend airdrops, profit sharing, and DAO governance rights.
According to brain region/embodied activation conditions: brain region activation requires material accumulation of over 1 million, more than 20,000 activated users in the neural network, and direct recommendations of over 2,000 activated users; primary embodiment activation requires material accumulation of over 10 million, more than 200,000 activated users in the neural network, and direct recommendations of over 20,000 activated users; intelligent embodiment requires material accumulation of over 100 million, more than 2 million activated users in the neural network, and direct recommendations of over 200,000 activated users. In this process, the accumulation of materials and a large number of neuron activations will burn a significant amount of WBC, further reinforcing its deflationary mechanism and laying the foundation for the long-term value growth of WBC.
Additionally, WorldBrain has launched a stable gain plan, allowing users to earn NTs gains by staking WBC tokens, providing WBC holders with a unique opportunity for value storage and growth. Under the expectation of stable financial returns, more and more users are joining the WBC staking, which will significantly reduce the circulation of WBC.
In the WorldBrain neural network interaction account rights and ecosystem dividend NFT rights, the combined effect of the increase in WBC destruction and the decrease in circulation will gradually reveal the scarcity of WBC, and its value is expected to gain market recognition and revaluation. For investors, this is a trend worth paying attention to and a potential growth point in the cryptocurrency market. As the WorldBrain project continues to upgrade and develop, the destruction and deflationary mechanism of WBC will provide more robust value support, opening up new investment opportunities.
WorldBrain, adhering to its commitment to maintain WBC's value and promote the sustainable development of the ecosystem, will create more opportunities for participation and development for ecosystem users, making every user participating in the ecosystem a direct beneficiary of the project.
Collaborating with leading AI technology companies to enhance the intelligence level of WorldBrain, reducing circulation through the deflationary mechanism to burn WBC, incentivizing community members to participate in governance, and expanding the application scenarios of WBC will enhance its scarcity and market recognition, ensuring that WBC holders can benefit from the long-term development of the project.
