The essence of the picture is to provide an overview of the cryptocurrency market capitalization, specifically highlighting the total crypto market cap and Bitcoin's market cap over time. Key points include:
1. **Current Market Caps**: - Total crypto market cap: $2.41 trillion, which has increased by 1.06% in the last 24 hours. - Bitcoin market cap: Percentage increase of 0.71%, with Bitcoin accounting for 53.76% of the total crypto market cap.
2. **Market Cap Calculation**: - The total market cap is the sum of the market capitalizations of all cryptocurrencies. - The all-time high for the crypto market cap was $3.06 trillion on November 10, 2021. - The current market cap is 21.30% below this all-time high.
3. **Historical Events Impacting Market Cap**: - The picture lists significant events that have shaped the cryptocurrency market, such as Bitcoin halvings, major hacks, significant investments, and regulatory changes.
4. **Graph**: - A graph depicting the market cap trends over time with markers indicating these key events.
Key events include: - Bitcoin halvings in 2012, 2016, and 2020. - Mt. Gox suspending Bitcoin withdrawals in 2014. - The DAO hack in 2016. - The Bitcoin Cash hard fork in 2017. - PayPal offering crypto in 2020. - Tesla investing in Bitcoin in 2021. - Ethereum transitioning to Proof-of-Stake in 2021. - The UST stablecoin collapse in 2022. - FTX halting withdrawals in 2022.
This picture essentially gives a snapshot of the cryptocurrency market's evolution, current state, and pivotal moments that influenced its trajectory.
$XEC According to our current eCash price prediction, the price of eCash is predicted to rise by 227.72% and reach $ 0.000151 by July 6, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 78 (Extreme Greed). eCash recorded 13/30 (43%) green days with 3.65% price volatility over the last 30 days. Based on the eCash forecast, it's now a good time to buy eCash.
$XEC You can place several take profit targets at the previous resistance level before 0.0001. For example: First around 0.00005400, which is close to the MA(99) level. Second at around 0.00008419 which was the previous local resistance level.
IoTeX's AI Layer Project Network3 Surpasses 190,000 Global Nodes According to Odaily, the AI Layer project Network3, part of the IoTeX ecosystem, has now exceeded 190,000 nodes worldwide. These nodes span over 175 countries and regions, including Europe, North America, and Southeast Asia. Node users can contribute resources such as bandwidth and computing power to support the training of small AI models and receive incentives in return. source : https://app.binance.com/uni-qr/cart/9010041570770?r=527648310&l=id&uco=BYqLpgj8EVTX9fguE6hGdw&utm_campaign=app_square_share_link&utm_source=copyLink $IOTX
The future of the Internet of Things (IoT) is predicted to become brighter and bring many changes in various aspects of life. Here are some predictions about the future of IoT: 1. Increased IoT adoption: The number of IoT devices connected to the internet is expected to continue to increase rapidly. By 2030, it is predicted that there will be more than 24 billion connected IoT devices. 2. Development of supporting technologies: IoT-enabled technologies, such as 5G, artificial intelligence (AI), and advanced analytics, will continue to develop and drive new innovations in IoT. 3. IoT integration in various sectors: IoT will be increasingly integrated in various sectors, such as manufacturing, health, transportation, agriculture and smart homes. 4. Increased focus on security and privacy: The more devices connected to the internet, the greater the security and privacy risks. Therefore, a focus on data security and privacy will become increasingly important in the development and use of IoT. 5. Increased ease of use: IoT technology will become easier to use and access by the general public. Here are some examples of future IoT applications: * Manufacturing: IoT can be used to increase manufacturing efficiency and productivity by monitoring machine conditions, optimizing production processes, and predicting machine failures. * Health: IoT can be used to improve the quality of healthcare by monitoring patient conditions, tracking medications and providing remote healthcare. * Transportation: IoT can be used to improve transportation safety and efficiency by connecting vehicles to each other and to road infrastructure. * Agriculture: IoT can be used to increase crop yields and reduce resource use by monitoring crop and soil conditions, optimizing irrigation, and automating agricultural tasks. * Smart home: IoT can be used to make homes more comfortable, safe and energy efficient by controlling electronic devices, monitoring home security. $IOTX