Will Ethereum’s weekly active wallets exceed 10 million and the bull market will increase by 10 times?

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Blockchain Night Personal ColumnOnly 28767Network activity within the wider Ethereum ecosystem has grown

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What is Bitcoin Halving?

📌 3-line summary of Bitcoin halving

1. Bitcoin halving means reducing the rewards that Bitcoin miners can receive by half.
3. Since the Bitcoin halving, the price of Bitcoin has shown an upward trend.
3. Recently, Bitcoin spot ETF was officially approved, and there are also expectations that it will be recognized as a type of asset.
Recently, the price of Bitcoin, a cryptocurrency, is said to be approaching 100 million won. One of the reasons for this price increase is called ‘halving’. Let’s take a look at what Bitcoin halving is and how it is related to price.

🤔 What is cryptocurrency, Bitcoin?

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What is Bitcoin Halving?

📌 3-line summary of Bitcoin halving

1. Bitcoin halving means reducing the rewards that Bitcoin miners can receive by half.
3. Since the Bitcoin halving, the price of Bitcoin has shown an upward trend.
3. Recently, Bitcoin spot ETF was officially approved, and there are also expectations that it will be recognized as a type of asset.
Recently, the price of Bitcoin, a cryptocurrency, is said to be approaching 100 million won. One of the reasons for this price increase is called ‘halving’. Let’s take a look at what Bitcoin halving is and how it is related to price.

🤔 What is cryptocurrency, Bitcoin?

full details visit https://farhanquotes.com/what-is-bitcoin-halving%f0%9f%93%8c-3-line-summary-of-bitcoin-halving/

Ethereum gas costs are at their lowest level in six months. Is the altcoin season coming?

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2024/04/29 07:17 83768
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Author: Tom Mitchelhill, CoinTelegraph; Compiler: Deng Tong, Brilliant Money

While Ethereum prices edged higher over the weekend, the Ethereum network’s gas fees have fallen to a six-month low, which analysts at crypto analysis platform Santiment said could be a sign that altcoin season is coming.

On April 27, the average fee on the Ethereum network dropped to $1.12, according to an April 28 post from Santiment.

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How to evaluate MEME coin by analyzing social and financial indicators from a data perspective?

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The golden official
1 hour ago 19054
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Author: Andrew Hong Source: CryptoData Translation: Sean Oppa, Golden Finance

Meme coins are released every market cycle. If you're unfamiliar with the concept, consider the frenzy that drove the r/wallstreetbets community to skyrocket AMC in 2021. A group of people gather around a meme and in a short period of time (from a day to a few months) increase the value of an asset. From the blockchain layer to the application layer, this has become a popular marketing strategy in the cryptocurrency space - as it not only adds value, but also draws attention to the entire ecosystem. Some projects, such as Avalanche, will also set up government funds specifically for meme coins.

The lines between memecoins and other tokens can sometimes be blurred, but the general consensus here is that the value of these tokens is nothing more than the memes themselves. For example, DOGE as a token actually only supports images/concepts of Shiba Inu dogs. This differs from the ETH token, which is backed by the Ethereum blockchain as a security, the UNI token, which is backed by the entire Uniswap protocol, or the MKR token, which is backed by a fully collateralized stablecoin service.

Farcaster meme coins (like DEGEN) are the latest popular type and their main advantage is that the social features are publicly accessible. So I wanted to test the waters by doing some fundamental analysis combining social and financial data.

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