You're tiring us out with your predictions of the end of the world 😁
God of trading
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Bearish
$RUNE
WHY I SELL.
Here’s the detailed information for 69 - RUNE (Thorchain):
RUNE (THORChain)
RUNE is the native cryptocurrency of THORChain, a decentralized liquidity protocol that enables users to swap assets across different blockchains without using centralized exchanges (CEX). THORChain aims to solve the liquidity fragmentation problem by facilitating cross-chain exchanges and providing liquidity pools for multiple blockchains like Bitcoin, Ethereum, Binance Smart Chain, and others.
THORChain uses an innovative Tendermint-based consensus and its native token RUNE plays a key role in securing the network and powering liquidity pools. Unlike other decentralized exchanges (DEXs), THORChain doesn't require wrapping of assets or the use of synthetic assets to facilitate cross-chain swaps.
Here’s a breakdown of RUNE:
Market Data
Price: The price of RUNE is driven by the adoption of THORChain’s decentralized liquidity platform. RUNE’s value can fluctuate based on the success of cross-chain liquidity and the overall growth of the DeFi ecosystem. Market Cap: RUNE’s market capitalization reflects its importance in the cross-chain liquidity ecosystem and the broader decentralized finance (DeFi) market. Its market cap is impacted by overall DeFi growth, liquidity inflows, and user adoption. Volume: Trading volume is an essential indicator for RUNE, as it reflects the active participation in THORChain’s liquidity pools and the level of cross-chain trading happening on the network. Circulating Supply: RUNE’s circulating supply is subject to change based on network growth, token burns, and staking rewards. As of now, a significant portion of the circulating supply is used to secure liquidity pools on THORChain.
maybe because he is english and not american and trump will favor us crypto
j-creator
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Bullish
Watch out with #QNT , it is part of the cryptos that comply with the ISO 20022 standard, and it is the only one among these that has not shown the movement that other cryptos part of ISO 20022 like XRP, ADA, or HBAR have shown.
I'm tired!!!!! Every day when the market goes down, everyone writes about the destruction of the world encouraging people to sell at a loss.
Every day when it goes up, everyone talks about the arrival of altseason.
The only truth is that nothing lasts forever and very few know the truth about the market.
They tell you to buy on the way down and when it happens, everyone says to sell to avoid losing more.
People are tired of fake gurus who publish their successes but not their failures; others are just astonishing and give you both options, short and long.
The market is what it is and nothing can be predicted; today is all about short selling, and when the American market opens, it could turn around and rise like foam.
Less gurus and more empathy for small investors who, like me, have the hope of seeing a small profit and don’t want to hear more doomsayers.
I'm going on vacation in the sun and I'm Hodling until I return on February 15th 😀
kazetoken
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🌀 Why is the crypto market plummeting?! 💸🎢
There's panic in the crypto market! Prices are in the red, investors are stressed, and you're probably wondering: "Why is it going down so much?" No worries, I'll explain everything to you, in detail, but with a bit of fun. 😎
1. The Fed and its monetary enigmas 🏦
The United States Federal Reserve (the famous Fed) has decided to play "I've got you, you've got me, by the goatee". It is hesitant to lower interest rates, which is making investors nervous. Result? Everyone is selling for fear of an uncertain future. 📉
I bet all my chips on #usual , I sold all the other cryptos I had and bet everything on it, I even borrowed money from a family member to invest more. At first it was great, I sold some, paid some personal bills and invested a little in #BIO , but now I'm watching my money melt away in a tragic way without any certainty that I'll ever recover it.
I'm surprised by this sudden general drop, I expected it to happen in March, but it happened sooner than I planned.
But I still won't sell now so I don't have a big loss, I'll continue believing in a rise in the next few weeks to at least recover what I invested.
The important thing is that I learned great lessons from this experience, such as not investing everything in a single currency (or when you do withdraw your profits early before the fall), not getting too euphoric and going with the flow of the majority, having emotional maturity and accepting that this market has always been and will always be like this, only investing money that you don't need and so on.