When people who don’t understand #Bitcoin    try to explain | Muhammad Usman Babar a Binance Square-en

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Muhammad Usman Babar

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When people who don’t understand #Bitcoin    try to explain it.

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Szponzorált elemet tartalmazhat. Lásd a Feltételeket.

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Muhammad Usman Babar

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Bitcoin is the offspring of Satoshi Nakamoto and is growing just as Mr. Nakamoto envisioned. This is the world of the future and welcome to all of you. #bitcoinhalving

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Here's a quick overview of token drawdowns compared to their local highs across different narratives: Layer 1s: - $BTC down 5% - $ETH down 15% - $SEI down 42% - $SOL down 18% - $APT down 37% - $AVAX down 29% - $FTM down 25% - $INJ down 39% - $MINA down 40% - $NEAR down 23% - $SUI down 31% - $RON down 18% - $NEON down 63% Modular Blockchains: - $TIA down 48% - $DYM down 46% - $CTSI down 41% - $SAGA down 35% - $ZETA down 42% Layer 2s: - $ARB down 40% - $OP down 39% - $STX down 21% - $METIS down 41% - $IMX down 31% - $MANTA down 35% - $MATIC down 33% - $MNT down 18% - $SKL down 16% - $STRK down 31% Layer 3s: - $DEGEN down 45% AI: - $OLAS down 50% - $RNDR down 35% - $AGI down 52% - $TAO down 10% - $FET down 27% - $AI down 41% Gaming / NFT: - $PIXEL down 32% - $PRIME down 23% - $BLUR down 38% - $MANA down 26% - $AXS down 30% - $SAND down 26% - $RLB down 53% Oracles: - $PYTH down 32% - $LINK down 25% Memes: - $WIF down 27% - $DOG down 12% - $SHIB down 40% - $DOGE down 16% - $PEPE down 36% - $MYRO down 51% DePin: - $AR down 35% - $FIL down 32% RWA: - $ONDO down 28% - $MPL down 21% Liquid Staking: - $JTO down 30% - $LDO down 37% DeFi: - $PENDLE down 2% - $ENA down 3% - $AAVE down 23% - $COMP down 32% - $CRV down 32% - $SNX down 27% - $RUNE down 39% - $UNI down 45% - $JUP down 30% - $SUSHI down 33% - $AEVO down 37% - $DYDX down 34% CEX: - $CRO down 21% - $LEO down 5% - $KCS down 35% - $OKB down 23% Bridges: - $W down 56% - $SYN down 36% Observations: - Layer 1s holding relatively better than other infrastructure tokens - Modular blockchain tokens taking a hit - Layer 2s performing averagely except for a few outliers - AI coins like $TAO gaining momentum again - Possibility of modular tokens and $SEI following $TAO's lead soon - Top memecoins likely to remain in a supercycle with some quality projects catching up - Certain tokens leading the DeFi/RWA narratives, others sluggish unless new proposals emerge - Bullish outlook for $SUI & $RON, promising R:R for the rest of the cycle

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Best time to buy #Solana’ . In next Bull 🐂 run it will cross 400. 🤫

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