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#brc Dragon Year Awakening — Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions
#sanor016CommUNITY
#Write2Earn
#sanor016CommUNITY
#Write2Earn
BRC-20 Vs ERC-20
Let's know about BRC-20, The BRC-20 token standard is a fungible token standard designed for the Bitcoin blockchain, And created using the Ordinals protocol.
The Inscriptions are like NFTs made on Satoshis, allowing individuals to have identities and transfer them across transactions.
Is ERC-20 Similar to BRC-20?
So everyone have question will ERC-20 & BRC-20 are same? Let me answer it now,
Now that you know that BRC-20 tokens are transferable on the blockchain, are they similar to Ethereum’s native token standard? The answer is NO. The BRC-20 token standard utilizes the Proof Of Work (PoW) mechanism, while the ERC-20 uses the Proof Of Stake (PoS) mechanism. The significant difference between both networks is EVM compatibility.
#brc20 #brc
The Inscriptions are like NFTs made on Satoshis, allowing individuals to have identities and transfer them across transactions.
Is ERC-20 Similar to BRC-20?
So everyone have question will ERC-20 & BRC-20 are same? Let me answer it now,
Now that you know that BRC-20 tokens are transferable on the blockchain, are they similar to Ethereum’s native token standard? The answer is NO. The BRC-20 token standard utilizes the Proof Of Work (PoW) mechanism, while the ERC-20 uses the Proof Of Stake (PoS) mechanism. The significant difference between both networks is EVM compatibility.
#brc20 #brc
The pursuit for a strong prediction on the price of Bitcoin is growing more intense as market participants set their sights on reaching the $47,000 mark. At the moment, Bitcoin is hovering around $44,500, showing a slight increase of 0.50% on February 8. This slight uptick in price indicates a potential shift in investor sentiment.
Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.
Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC #brc
Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.
Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC #brc
The pursuit for a strong prediction on the price of Bitcoin is growing more intense as market participants set their sights on reaching the $47,000 mark. At the moment, Bitcoin is hovering around $44,500, showing a slight increase of 0.50% on February 8. This slight uptick in price indicates a potential shift in investor sentiment.
Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.
Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC #brc
Bitcoin's recent resurgence comes after it managed to halt a downward trend and find support at the $43,000 level. The surge in price is being fueled by increased network activity and the growing utility of BRC 20 tokens. These factors are working together to drive the price higher.
Despite challenges in the broader macroeconomic environment, such as rising US Treasury yields and cautious discussions about Federal Reserve interest rate cuts, Bitcoin's recovery suggests that investor confidence is growing. This confidence may be influenced by the belief that Bitcoin has intrinsic value and can be seen as a form of "digital gold".#BTC #brc
$LEVER who thinks it can work now - it can be the first logic move of #lever since a long long time - have taken many many money from short and long positions - #brc correct may have reached the deepest possible point for now - hope we get now a fast and strong #LEVERUSDT up movement a #LEVER/USDT pump - if we see that’ll factors there must be a very strong new ATH - let’s see how they play #Write2Earn
🔥MKR analysis and update
💰 $MKR hit my target🎯
🚀Setup brought us +63.57% clear profit💰
🔥today market update about MKR :
🚀Price has increased by 239% in the last 1year
🚀Outperformed 86% of the top 100 cryptoassets in 1 year
🚀Outperformed Bitcoin and Ethereum
🚀Trading above the 200-day simple moving average
🚀18 green days in the last 30 days (60%)
🚀Trading near cycle high
🚀Has high liquidity based on its market cap
Trading on Binance
🚀Yearly inflation rate is negative, -5.88%
MAKER price today is $ 2,145.98 with a 24-hour trading volume of $ 354.22M, market cap of $ 1.97B, and market dominance of 0.11%. The MKR price decreased -1.85% in the last 24 hours.
Maker reached its highest price on May 3, 2021 when it was trading at its all-time high of $ 6,244.44, while Maker's lowest price was recorded on Mar 16, 2020 when it was trading at its all-time low of $ 171.27. The lowest price since it's ATH was $ 503.28 (cycle low). The highest MKR price since the last cycle low was $ 2,256.03 (cycle high). The Maker price prediction sentiment is currently bullish, while Fear & Greed Index is showing 71 (Greed).
Maker's current circulating supply is 920,112 MKR out of max supply of 1.01M MKR. The current yearly supply inflation rate is -5.88% meaning -57,519 MKR were created in the last year. In terms of market cap, Maker is currently ranked #6 in the DeFi Coins sector and ranked #13 in the Ethereum (ERC20) Tokens sector.
#MKR #brc #eth
💰 $MKR hit my target🎯
🚀Setup brought us +63.57% clear profit💰
🔥today market update about MKR :
🚀Price has increased by 239% in the last 1year
🚀Outperformed 86% of the top 100 cryptoassets in 1 year
🚀Outperformed Bitcoin and Ethereum
🚀Trading above the 200-day simple moving average
🚀18 green days in the last 30 days (60%)
🚀Trading near cycle high
🚀Has high liquidity based on its market cap
Trading on Binance
🚀Yearly inflation rate is negative, -5.88%
MAKER price today is $ 2,145.98 with a 24-hour trading volume of $ 354.22M, market cap of $ 1.97B, and market dominance of 0.11%. The MKR price decreased -1.85% in the last 24 hours.
Maker reached its highest price on May 3, 2021 when it was trading at its all-time high of $ 6,244.44, while Maker's lowest price was recorded on Mar 16, 2020 when it was trading at its all-time low of $ 171.27. The lowest price since it's ATH was $ 503.28 (cycle low). The highest MKR price since the last cycle low was $ 2,256.03 (cycle high). The Maker price prediction sentiment is currently bullish, while Fear & Greed Index is showing 71 (Greed).
Maker's current circulating supply is 920,112 MKR out of max supply of 1.01M MKR. The current yearly supply inflation rate is -5.88% meaning -57,519 MKR were created in the last year. In terms of market cap, Maker is currently ranked #6 in the DeFi Coins sector and ranked #13 in the Ethereum (ERC20) Tokens sector.
#MKR #brc #eth
