Why Your Altcoins Are Not Pumping
Many of you have been wondering why certain coins are not experiencing the same price surges as others in the market. Here are some explanations:

1. Lack of New Money: Currently, there is limited new money entering the crypto market, and if there is any, it is primarily flowing into Bitcoin (BTC), particularly through ETF investments.

2. Money Rotation: Since new money is scarce, we are witnessing a phenomenon of money rotation. Investors are shifting their focus from one narrative to another. For example, we saw the rise of SOL, followed by AI, meme coins, and then gaming. If your coins are not experiencing price increases, it is likely because they do not fall into these popular categories.

3. Active Development Team: Assess whether the coin you are holding has an active team behind it and if they are actively working on project developments. This is crucial for the long-term success and growth of the coin.

4. Project Viability: Determine if the coin is not a dead project or an outdated project that has lost interest among investors. Projects that have lost relevance are unlikely to see significant price movements.

5. Token Supply: Consider if there is an excessive token supply being introduced into the market. An abundance of tokens can dilute the value and hinder price appreciation.

By considering these factors, you can gain a better understanding of why your altcoins may not be experiencing the same price pumps as others in the market.#Write2Earn‬ #HotTrends #altseason2024

What is #halvingbtc2024 , and how might it double Bitcoin’s price? Companies are buying Bitcoin, but why? Isn’t there a dip coming?

Well, let’s reveal the mystery.
Halving means a reduction by half. No, don’t worry! The bitcoins in your wallet, won’t get halved. Bitcoin had a function, with this, it kept reducing the mining rewards by half after a specific number of blocks (of transactions).

Let’s learn how “The Bitcoin Cycle” works.
When you are sending your Bitcoin to buy your favorite NFT, you just enter the receiver wallet address and then forget and start scrolling Facebook. You don’t know what is happening behind the scenes.

You check after a while and still see the NFT marketplace is waiting for 3 confirmations. Then you search for Blockchain Explorer, enter the wallet address or transaction ID, and find that only 2 confirmations are made.

Who is making the confirmation? Who is behind the whole Bitcoin system? My dude, there is no central server. There are thousands of dudes like you, who are buying graphics cards and powerful cpus like you, but not for gaming like you, for mining . No, I’m not talking about Minecraft. They are mining Bitcoin!

There are thousands and thousands of miners, who set up thousands of server computers to mine Bitcoin. They calculate transactions and blocks, providing safety and stability to the blockchain of Bitcoin. Obviously, Their mom and dad aren’t happy, but why should they care? They are greeting fresh Bitcoins in their wallet as a reward.

Okay, so BTC halving means, dude you will still pay the same network fee while buying Dinosaur NFT or Monkey NFT. But our heroes, miners will get half of the purest Bitcoin they used to get. So in a few years, Bitcoin volume will be half. That means the price will become 2x#HotTrends #Write2Earn $BTC @Salid