They don't call me the "Crypto Kid" for nothin! Actually they don't call me that at all. Not even my wife does, even though I asked her to, many times. 😞
Recently, positive rumors have emerged about the BitTorrent Chain (BTTC), especially related to a possible partnership with Elon Musk, which could result in a significant increase in the token's value.
It is speculated that this partnership could lead to a growth of up to 9000% in the price of BTTC, raising it to US$ 0,000036 and increasing its market capitalization to approximately US$ 300 billion.
Additionally, BTTC is expanding its operations into the DeFi and NFTs sectors, leveraging its vast user base and support from the TRON network, which could further strengthen its position in the market.
It is important to note that, although these rumors are promising, they have not yet been officially confirmed. Therefore, caution and thorough research are recommended before making investment decisions related to BTTC.
I came across this and other similar comments, you need to study, you simply enter the world of cryptocurrencies without knowing what cryptocurrency is, it will always go up or down, this will happen with time, but your rush is making you sell them, study the cryptocurrency you chose and see if it is worth it so as not to commit this type of waste.
Guys, Binance is literally giving money but for that everyone has to keep using code, it's kind of boring doing this but it will all be worth it, LET'S HELP EACH OTHER
Happy New Year, may 2025 be very profitable for all of us and if possible everyone starts to study more about cryptocurrencies (including me) I will take it much more seriously and you will do the same thing, make money my friends and may God guide you in your choices of cryptocurrencies.
Shiba Inu (SHIB) is a cryptocurrency created in August 2020 by an anonymous person or group known as "Ryoshi". It was inspired by Dogecoin (DOGE), and has been dubbed the "Dogecoin killer". Despite starting out as a "meme coin", it has gained widespread popularity and has broader goals in the crypto ecosystem.
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Key Features
1. Origin and Theme
Based on the Shiba Inu dog breed, SHIB positions itself as a community and fun coin.
2. Ecosystem Token
It is part of a larger ecosystem that includes other tokens such as LEASH and BONE.
3. Decentralization
SHIB was launched without a centralized team or initial allocated funds. 50% of the initial supply was sent to Ethereum co-founder Vitalik Buterin, who burned most of the tokens and donated the rest to charity.
4. Total Supply
The initial supply was 1 quadrillion tokens, but much of it was burned, reducing the circulating supply.
--- Usage and Objectives
1. ShibaSwap
A decentralized exchange (DEX) that allows staking, swapping, and liquidity provision using SHIB and other tokens in the ecosystem.
2. Shibarium
A layer 2 solution that seeks to reduce fees and improve scalability in the SHIB ecosystem.
3. NFTs and Gaming
SHIB is entering the NFT and play-to-earn (P2E) gaming market.
4. Global Acceptance
Accepted as a form of payment by several companies, such as Newegg and AMC Theatres.
--- Advantages
Strong Community: SHIB has a very active and engaged fan base.
Low Cost of Entry: With a low unit price, it is accessible to small investors.
Diversification of Uses: The SHIB ecosystem is expanding with products such as ShibaSwap, NFTs, and the metaverse.
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Disadvantages and Risks
Volatility: Extremely volatile, its price depends heavily on speculation.
No Intrinsic Value: Initially, it did not have a solid use case beyond being a "meme".
High Supply: Even with the burns, the circulating supply is very high, making it difficult for the price to increase
Bitcoin (BTC) is the first and best-known cryptocurrency, created in 2008 by Satoshi Nakamoto, whose goal was to establish a form of decentralized digital money. It operates without the need for intermediaries such as banks or governments, and is supported by blockchain technology, which records all transactions in a public and immutable way.
Main Features
1. Limited Supply
Only 21 million BTC will ever exist, which makes it scarce and often compared to gold.
2. Decentralization
No single entity controls Bitcoin. It is maintained by a network of globally distributed nodes.
3. Divisibility
A Bitcoin can be divided into up to 100 million smaller units called satoshis.
4. Mining
New BTC are created through a process called mining, where computers solve complex mathematical problems to validate transactions and add blocks to the blockchain.
Stellar (XLM) is a cryptocurrency that operates on the Stellar blockchain, a platform designed to facilitate fast and low-cost financial transactions, especially international transfers. It was launched in 2014 by Jed McCaleb, one of the co-founders of Ripple, with the aim of creating a more inclusive financial system.
Main features of Stellar (XLM):
1. Speed and low cost: Transactions on Stellar are processed in a few seconds and with extremely low fees, which makes it ideal for global payments.
2. Acting as a bridge: XLM, also called Lumens, is used to facilitate transactions between different currencies in the Stellar ecosystem, acting as an intermediary.
3. Decentralization: Stellar is a decentralized network that operates with open code, allowing anyone to participate in the system.
4. Strategic partnerships: Stellar has partnered with financial institutions and companies around the world, including IBM and several fintechs, to expand its use in payment solutions.
5. Use cases: In addition to international transfers, Stellar can be used to create tokens, issue central bank digital currencies (CBDCs), and other financial assets.
NEAR Protocol is a layer-1 blockchain designed to be scalable, fast, and easy to use for both developers and end-users. It was launched in 2020 by the NEAR Foundation and uses a Proof of Stake (PoS) consensus mechanism called Nightshade, which is known for its energy efficiency and sharding capabilities.
Key Features:
Scalability: NEAR uses sharding to divide the network into smaller pieces (shards), allowing it to process a large number of transactions simultaneously.
Simplified Development: Provides developer-friendly tools, such as support for popular programming languages like Rust and AssemblyScript.
Low Fees: Transaction fees on NEAR are significantly lower compared to other blockchains like Ethereum.
dApp Ecosystem: It is an ideal platform for building decentralized applications (dApps), with a focus on gaming, NFTs, decentralized finance (DeFi), and more.
NEAR Wallet: A native wallet that makes it easy for users to interact with the ecosystem, while being intuitive and accessible.
NEAR Token:
The NEAR token is used for:
1. Payments of transaction fees.
2. Rewards for validators and delegators on the network.
3. Participation in governance and voting on protocol decisions.
With a strong focus on accessibility and user experience, NEAR Protocol is among the leading projects seeking to drive mass adoption of blockchain.
The cryptocurrency Cardano (ADA) was created by Charles Hoskinson, one of the co-founders of Ethereum. He founded Input Output Hong Kong (IOHK), which develops and maintains the Cardano ecosystem. The project was officially launched in 2017 and is known for its scientific approach, based on peer-reviewed academic research, and for using the Proof of Stake (PoS) consensus protocol called Ouroboros.
Cardano is a third-generation blockchain platform designed to be scalable, sustainable, and interoperable, with a focus on smart contracts and decentralized application (dApp) development.
Dogecoin (DOGE) was created by Billy Markus and Jackson Palmer on December 6, 2013. Initially, it was a satirical cryptocurrency, inspired by the famous Shiba Inu dog meme, with the aim of making the cryptocurrency universe more accessible and fun.
Despite having started as a joke, Dogecoin quickly gained popularity, especially thanks to its active community and the support of celebrities such as Elon Musk. It is widely used for online tipping and for charitable causes.
Official Account of @Binance Angel Program. Join a selected group of international volunteers who are passionate about Binance, and help make the difference!