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Altcoins refer to cryptocurrencies other than Bitcoin. They offer different features, use cases, and technologies. Explore the diverse world of altcoins! #Altcoinseason Follow#LandoCommunity

Altcoins refer to cryptocurrencies other than Bitcoin. They offer different features, use cases, and technologies. Explore the diverse world of altcoins! #Altcoinseason

Follow#LandoCommunity

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Geopolitical Turmoil Spurs Crypto Investors' Exodus to Gold. 🪙💰🌟 This weekend witnessed a remarkable shift in investor behavior as escalating geopolitical tensions prompted a surprising migration from crypto to gold. Notably, Paxos's representation of gold (PAXG) skyrocketed by over 40%, surpassing $3.3k per troy ounce on select exchanges. Despite Bitcoin's often-touted status as a safe haven asset, it faltered during the recent crisis, leading many to perceive gold as a more dependable store of value. Gold's extensive history as a safe haven, spanning millennia, contrasts sharply with Bitcoin's comparatively brief existence. Additionally, historical investor tendencies favor gold and cash during times of uncertainty, hinting at a prevailing perception among crypto investors that Bitcoin is more akin to a risk-on investment rather than a reliable store of value. Bitcoin has seen a significant downturn, down 16% from its all-time highs, with a continued decline throughout the week. In contrast, gold sits only 1.5% below its Friday peak and has displayed resilience since Sunday's trading commenced. The relative valuation of Bitcoin against gold has plunged by 18% in April, underscoring a palpable shift in market sentiment towards risk-off assets. This recent trend of crypto investors seeking refuge in traditional safe haven assets like gold during times of uncertainty prompts reflection on Bitcoin's status as a store of value. The flight to safety among market participants indicates a prevailing lack of bullish sentiment, with uncertainty casting a shadow over the future trajectory of risk assets. source: Jack Inabinet | Bankless #gold #PAXGold #BinanceLaunchpool #Bankless
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🔥💥Huge Increase in Shiba Inu Cremation Rate: Could SHIB Price Increase? #SHİB B Burning Speed Is Taking Off The team behind the popular meme coin - @Shiba Inu - continues to remove a significant amount of coins from circulation. The data shows that the burning rate has increased by almost 500% in the last 24 hours and by 193% on a weekly scale. This resulted in the destruction of more than 774 million $SHIB B assets. The ultimate goal of the program is to reduce the enormous supply of the coin and make it less and potentially more valuable in the future. April March saw the burn rate increase by 50,000% at one point, while the amount of tokens removed from circulation during March exceeded 15.5 billion (a 2,300% increase compared to the figure observed in February). Despite these efforts, the price of Shiba Inu has fallen by 8% in the last 24 hours and by 25% in a week (according to Coingecko's data). The downtrend coincides with a broader market decline, with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and many other cryptocurrencies plunging of late. The Role of Shibarium Another important element that may positively affect the value of shib in the future is the development of Shibarium, a layer-2 scaling solution. The network has experienced a significant revival over the past few days, with the number of daily transactions and active accounts going north. Officially introduced last summer, the feature is designed to stimulate the development of the meme token by reducing transaction costs, increasing speed and increasing scalability. #Memecoins #binance
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😱🦈🦈The wallet of the whale who bought Bitcoin under $30 and did not move for 10 years woke up after 10 years The wallet, which contains 1701 Bitcoins with a current value of $ 118 million and has not moved for 10 years, was opened and moved after many years. According to the information provided by the on-chain tracking platform Lookonchain, there were 246 #BTC outflows worth $ 18 million from the wallet. he averaged $29 In the information provided to Lookonchain, it was also stated that the whale last received a Bitcoin transfer in 2013, that is, it saw login. The purchase average of the wallet, which received 4272 BTC at that time, was also determined as $ 29.3. It was written that the #Bitcoin price was about $ 125 during the time when the wallet was logged in. The whale also saw the benefit of his long wait by making a very serious profit. Nowadays, when Bitcoin is trading above 70 thousand dollars, the whale's profit is hovering around 240,000%. While transfers made from many old wallets have attracted attention recently, it does not escape the eyes that most of them have been transferred to new wallets, not to exchanges. This indicates that the whales have switched to new style wallets for security reasons and have not made transfers for sales purposes. there are 90 million dollar purchases in 1 month In another information provided by Lookonchain, it was stated that a large account has been collecting Bitcoins seriously since March 6. this whale, which reached an average of 68 thousand dollars, bought about 90 million dollars worth of Bitcoin as of March 6. #binance
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