Recently, the volatility of the cryptocurrency market has increased and has been falling continuously, but everyone should maintain a good attitude. Although most of the friends are losing money now, there is no need to be pessimistic, and we should look to the future.
Looking back at history, we can see that Bitcoin has never disappointed its long-term investors, never.
Every time there is a drop, someone comes out and says that Bitcoin is going to return to zero.
But every time Bitcoin comes back on a colorful cloud.
If you have already established a position at around 60,000, then it is the right choice to stay away from the cryptocurrency circle moderately and buy and hold.
If your position is not enough, then regular investment or buying on dips are the right choices.
We don’t have much time left to buy at low prices. The market makers have been making arrangements at low prices. Once their arrangements are completed, the market will start in an instant, leaving most retail investors with no choice but to buy at high prices and then get cut.
I have a deep understanding that everyone is suffering and feeling lonely.
After more than half a year of continuous losses, everyone is now in agony, but please believe in Bitcoin and believe that the bull market in the cryptocurrency circle will surely come with the arrival of the interest rate hike cycle.
Focus on ambush these 3 altcoins and explode 100 times!
HIM
Uniswap (UNI) has seen strong price gains today, while many other major cryptocurrencies have seen declines. The recent price action reflects growing excitement about a potential breakout, suggesting that UNI could soon see further gains. Another important factor driving this rally is the increase in activity within the Uniswap ecosystem.
recently expressed a highly bullish outlook on UNI, saying that the token is on the verge of a major breakout. It has bounced off daily and weekly support levels, showing resilience in price action. The analyst also praised the Uniswap ecosystem, calling it one of the strongest in the crypto space and noting its rapid expansion. With this momentum, UNI could even rank among the top five cryptocurrencies in the current market cycle.
On the chart, UNI/USDT is attempting to break out of a descending resistance line that has been weighing down prices for some time. This breakout is a solid bullish indicator that supports the view that UNI will surge higher. UNI has been finding support in the $6.00 to $6.50 range, showing strong buying interest. This area has formed a double and triple bottom pattern, reinforcing its importance as a support level.
Currently, UNI is testing the key $8.00 level with bullish momentum driving prices higher. Today’s 3.99% price increase shows growing interest and upside targets are now within reach. Additionally, Uniswap Labs is gearing up for Uniday at Devcon on November 11, which will feature talks from community members, developer demos, and DeFi innovation workshops. The event highlights the strong community support and growth in the Uniswap ecosystem.
XLM
The Stellar network is similar to the Ripple ($XRP) network. It is a decentralized payment platform and cryptocurrency that facilitates fast, low-cost cross-border payments and provides financial inclusion to individuals and businesses around the world. The Stellar network is designed to support digital representations of any currency, but its native token is called Lumens (XLM). Stellar was developed as a fork of the Ripple protocol. It aims to create a global network that connects financial institutions, payment processors, and individual users to make cross-border remittances easier and provide basic financial services. Stellar uses its consensus algorithm, called the Stellar Consensus Protocol (SCP), which allows a network of trusted nodes to quickly confirm transactions and avoids resource-intensive mining. Lumens (XLM) is a bridge asset that enables seamless value exchange between different currencies and facilitates cross-border transactions. Lumens protects the network from spam attacks and ensures its security and reliability. Stellar goes beyond payment functions and focuses on supporting micropayments and enabling the issuance of digital assets through its decentralized exchange capabilities. Stellar's other focuses make it well suited for applications such as remittances and tokenized assets, and facilitate access to financial services in jurisdictions that lack traditional financial infrastructure. By taking an open and inclusive approach to connecting financial systems, Stellar aims to create an inclusive and accessible global financial ecosystem. Unlike Ripple, which is more suitable for the banking system, Stellar is more suitable for governments and CBDCs.
The main features of Stellar are fast transactions and low fees, which are lower than the transaction costs of traditional remittance methods. The network can also be used to build dApps.
Stellar ($XLM) is also one of the nine crypto projects that are currently compliant with ISO 20022. ISO 20022 is a new financial communication standard that allows banks and financial institutions to modernize the traditional financial sector and make data processing easier. The traditional financial system and the crypto world are adopting the standard to improve interoperability between the two. Crypto projects that adopt ISO 20022 can integrate seamlessly with traditional financial systems.
THERE IS
Cardano is a blockchain platform that provides a secure and scalable infrastructure to develop dApps and smart contracts. The Cardano blockchain was created through a rigorous research-driven approach, focusing on scalability, sustainability, and interoperability to address the limitations of existing blockchain technology. It is a renowned third-generation blockchain that prioritizes technical issues such as sustainability, scalability, and security. It is one of the most sophisticated and efficient blockchain systems due to its Design for Telecommunications (DFT) architecture and unique Proof of Stake (PoS) consensus mechanism Ouroboros. Ouroboros ensures network security and energy efficiency by allowing participants to earn rewards by staking the platform's native token $ADA.
$ADA has multiple uses in the Cardano ecosystem and can be used for transactions and to participate in platform governance by voting on proposals and upgrades.
Once again, Cardano is an ISO 20022 compliant cryptocurrency with a promising future. Cardano ($ADA) is currently the 11th largest cryptocurrency by market cap, having grown by over 33% over the past year.