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#BinanceTournament #TopCoinsJune2024 #bitcoin Bitcoin miner balances have been steadily declining since late 2023, hitting multi-year lows as sell-offs increased after the April 2024 halving. According to Glassnode data, balances dropped from 1.84 million BTC in early 2023 to 1.8 million $BTC by May 2024. This trend highlights miners' need to cover operational expenses following reduced block rewards.

#BinanceTournament #TopCoinsJune2024 #bitcoin Bitcoin miner balances have been steadily declining since late 2023, hitting multi-year lows as sell-offs increased after the April 2024 halving.

According to Glassnode data, balances dropped from 1.84 million BTC in early 2023 to 1.8 million $BTC by May 2024. This trend highlights miners' need to cover operational expenses following reduced block rewards.

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Crypto #AirdropGuide airdrops are a marketing tactic used by blockchain-based projects to distribute free tokens to holders of an existing cryptocurrency. This helps to increase awareness and reward supporters. Airdrops can take various forms, including: 1. **Holder Airdrops**: These are distributed based on the amount of a specific cryptocurrency the recipient holds in their wallet. For example, if a project wants to reward Bitcoin holders, they might airdrop their new tokens to addresses with a certain amount of Bitcoin. 2. **Snapshot Airdrops**: In these airdrops, a snapshot is taken of the blockchain at a specific block height, and tokens are distributed based on the holdings at that moment. This encourages long-term holding of a particular cryptocurrency. 3. **Exchange Airdrops**: Some exchanges occasionally host airdrops on behalf of projects that want to gain exposure to the exchange's user base. Users may need to complete certain tasks or meet specific criteria to be eligible. 4. **Task-based Airdrops**: Participants are required to perform specific tasks, such as following the project on social media, joining a Telegram group, or referring friends to the project. To find and participate in airdrops effectively, consider the following strategies: 1. **Follow Crypto News Websites and Forums**: Stay updated on airdrop announcements through popular cryptocurrency news websites and forums where upcoming airdrops are often discussed. 2. **Join Telegram Groups and Crypto Communities**: Many projects announce airdrops in their official Telegram groups and social media channels. Joining these communities can provide early information about upcoming airdrops. 3. **Use Airdrop Aggregator Platforms**: Websites dedicated to aggregating airdrop information can be valuable resources for discovering new airdrops and understanding their requirements. 4. **Protect Your Privacy**: Be cautious about sharing personal information when participating in airdrops, as scams are prevalent in the crypto space. Avoid any airdrops that ask for sensitive data.
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