Cryptocurrency vs. Paper Currency: The Evolution of Money
In recent years, cryptocurrency has emerged as a revolutionary financial instrument, challenging traditional paper currency. Here's an exploration of its significance, advantages over paper currency.
The Importance of Cryptocurrency Over Paper Currency
1. Decentralization: Cryptocurrencies are not controlled by central banks or governments, eliminating the risk of inflation caused by excessive printing of money.
Bitcoin creation is groups of developers not an single person because of its uniqueness its became digital gold, Now a day its developers want to dump it but can't do that becoz 🤑
BIT_ALEX
--
Satoshi Nakamoto, o criador do Bitcoin, deixou um enigma intrigante que envolve a mensagem inserida no bloco gênese (bloco 0) minerado em 3 de janeiro de 2009. Neste bloco, Satoshi incluiu a seguinte referência: "Chancellor on brink of second bailout for banks", uma manchete do jornal "The Times". Essa mensagem é vista como uma crítica à instabilidade do sistema financeiro tradicional e uma motivação para a criação do Bitcoin como uma alternativa descentralizada.
Além disso, existem teorias sobre possíveis chaves privadas ou wallets ocultas que Satoshi pode ter deixado, contendo Bitcoins que nunca foram movimentados. A identidade de Satoshi e as implicações legais em torno de seus direitos autorais e propriedade intelectual permanecem incertas, já que ele não revelou sua identidade e não está mais ativo no desenvolvimento do Bitcoin.
Esses mistérios são fascinantes para a comunidade cripto, mas não impactam diretamente o uso cotidiano do Bitcoin como moeda.
Crypto whales—individuals or entities holding large amounts of cryptocurrency—can significantly influence market trends through their substantial transactions. Monitoring their activities offers insights into potential market movements.
Recent Whale Activities:
Bitcoin (BTC): MicroStrategy, a prominent business intelligence firm, continues to be a major Bitcoin whale. As of December 8, 2024, the company holds approximately 423,650 BTC, valued at around $42.43 billion. Notably, in the month beginning November 11, 2024, MicroStrategy purchased 149,880 bitcoins, underscoring its bullish stance on Bitcoin.
Ethereum (ETH): Justin Sun, a notable figure in the crypto space, reportedly acquired $200 million worth of Ethereum, indicating significant whale interest in ETH.
Altcoins: In the third week of December 2024, whales have shown interest in several altcoins:
JasmyCoin (JASMY): Whales purchased approximately 44.52 million JASMY tokens, valued at $1.38 million, suggesting confidence in its recovery potential.
XRP: Large holders increased their positions by 150 million tokens, reflecting optimism about XRP's prospects.
Polygon (POL): Whales added 5.11 million POL tokens to their holdings, indicating sustained interest despite recent price corrections.
Considerations for Investors:
While tracking whale activities can provide valuable market insights, it's essential to conduct thorough research and consider broader market conditions before making investment decisions. Whale movements can influence short-term price fluctuations, but they don't guarantee long-term trends.
The information shared about #Dogelon Mars (ELON) and its recent developments appears to be accurate based on current data and community discussions. Here's a breakdown:
#XRP Bridge and BRC-20 Integration:
Dogelon Mars has been actively exploring cross-chain integrations to enhance its utility and accessibility. The community has shown interest in bridging ELON to the XRP Ledger, as evidenced by discussions on the Dogelon Mars Governance Forum. Additionally, there have been mentions of integrating with the BRC-20 chain, indicating a move towards broader interoperability.
Locked Liquidity:
At its inception, the founders of Dogelon Mars locked 50% of the ELON token supply in a Uniswap liquidity pool to ensure market stability and trust. The remaining 50% was donated to Ethereum co-founder Vitalik Buterin, who subsequently distributed these tokens to various DAOs and foundations.
Market Capitalization and Global Adoption:
As of December 24, 2024, the total cryptocurrency market capitalization is approximately $3.59 trillion, reflecting significant growth but still representing a small fraction of the global financial market. This suggests substantial potential for further adoption and expansion in the coming years.
Dogelon Mars Price and Future Projections:
Currently, Dogelon Mars (ELON) is trading at approximately $0.000000232187. Some community members are optimistic about its future performance, speculating that it could reach $0.00001 or higher in upcoming market cycles. However, it's important to note that such projections are speculative and should be approached with caution.
The developments surrounding Dogelon Mars, including potential cross-chain bridges and its substantial locked liquidity, indicate active efforts to enhance the token's utility and community engagement.
follow me for letest updates on crypto coin and shear your thoughts what you think about #Dogelon Mars
Dogelon Mars (ELON) is a meme-based cryptocurrency that has garnered attention for its community-driven initiatives and deflationary mechanisms, particularly token burning. Token burning involves permanently removing a portion of tokens from circulation, thereby reducing the total supply and potentially increasing the value of the remaining tokens.
Token Burning Mechanism
Dogelon Mars employs a deflationary model through token burns. A significant portion of ELON tokens was initially sent to E
Introduction Binance Launchpool is one of the most accessible and risk-free ways to earn newly launched cryptocurrency tokens by staking popular cryptocurrencies like BNB, BUSD, or ETH. This time, the spotlight is on ALPHE Coin, a promising new cryptocurrency with revolutionary applications in decentralized finance (DeFi).
This article covers all aspects of ALPHE Coin and how you can take advantage of Binance Launchp
Overview Binance is thrilled to announce the upcoming listing of Alpha Coin (ALPHE) on its platform. This listing will allow users to trade ALPHE even before its mainnet is live, enabling early adoption and trading opportunities for this promising cryptocurrency. Below is a detailed report on how this process works and what it means for users.
---
About Alpha Coin (ALPHE)
Alpha Coin is an innovative blockchain project designed to revolutioniz
#Christmas market move during festival season 🎄 short positive market indicator for the cryptocurrency market during Christmas week:
"Festive optimism and increased retail activity often bring positive momentum to the crypto market during Christmas week. Historically, assets like BTC, ETH, DOGE, and LUNC tend to see upward trends as holiday sentiment combines with year-end market positioning and increased adoption during gift-giving and tipping season. The growing interest in crypto as a digital gift also bolsters demand, contributing to short-term bullishness."
To assess the impact of a 1.2% burn rate per transaction on Terra Luna Classic (LUNC), we'll examine the time required to reduce the supply to 10 billion coins and estimate the potential coin price, assuming a tenfold increase in market capitalization.
Current Metrics:
Total Supply: Approximately 6.5 trillion LUNC.
Circulating Supply: Approximately 5.5 trillion LUNC.
Current Price: $0.000109 per LUNC.
Market Capitalization: Approximately $600 million.
This surge is attributed to factors such as President-elect Donald Trump's pro-crypto stance, including plans to establish a U.S. bitcoin strategic reserve, and the anticipated inclusion of MicroStrategy in the Nasdaq 100, which is expected to drive further investment into Bitcoin.
Analysts have varying predictions for Bitcoin's future price movements. Some forecasts suggest that Bitcoin could trade between $645,119 and $774,474 by 2030. Others anticipate a potential peak price between $256,000 and $310,000 by August 2025, based on historical patterns and moving averages.
However, the market is also showing signs of potential corrections. Some investors are betting on a decline in Bitcoin's price after it narrowly missed hitting an all-time high of $100,000, with increased demand for protective puts ahead of the December 27 options expiry.
Given the inherent volatility of the cryptocurrency market, it's crucial to approach these predictions with caution. Market dynamics can change rapidly due to various factors, including regulatory developments, macroeconomic conditions, and shifts in investor sentiment. Therefore, it's advisable to conduct thorough research and consider multiple perspectives before making any investment decisions. if you are long-term just cool 😎 make your own research ✨️ share your thoughts with me what you think 🤔 Don't forget to #follow me My next target for #BTCNextMove BTC is 500000$ for year $2025.
As of December 22, 2024, the total supply of Terra Luna Classic (LUNC) is approximately 6.51 trillion tokens, with a circulating supply of about 5.51 trillion tokens.
The current burn rate is around 80 billion LUNC per year.
At this rate, reducing the total supply to 10 billion tokens would take over 80 years.
However, if the on-chain tax rate is increased to 1.5%, resulting in a 1.2% burn tax, the burn rate could accelerate.
The actual time to reach the 10 billion supply target would depend on various factors, including transaction volumes and network activity.
U need BNB balance for swap transfers if u don't have u can't make transfers make sure
Toccara Dishon vGZ9
--
Hello guys, I am using web3 for the first time. And I don't have much experience. I sent usdt to my wallet via poly network and I have money left here. I think I need to pay gas fee to withdraw it but I can't do that. I need to buy poly for gas fee but I have no idea how to do this. Can you help me? Thanks.
Studying a cryptocurrency before investing on Binance involves several key steps to assess its potential and reduce risks. Here’s a comprehensive approach:
1. #Fundamental Analysis (FA):
Understand the project's core value, team, and technology.
Whitepaper: Read the project's whitepaper to learn about its goals, technology, and use cases.
Team & Advisors: Research the team behind the project and their credibility.
Partnerships: Look for strong partnerships that indicate trust and growth potential.
Roadmap & Updates: Check the project's roadmap and whether it is meeting milestones.
Community & Social Media: Active and transparent communities on platforms like Twitter, Telegram, and Reddit signal strong community support.
2. #Technical Analysis (TA):
Analyze the coin’s historical price movements and trading patterns.
Price Charts: Use Binance’s built-in charting tools or platforms like TradingView.
Indicators: Use indicators such as Moving Averages (MA), Relative Strength Index (RSI), MACD, and Bollinger Bands.
What is your opinion with regards to last news regarding #LUNC ? Any serious expectations or prognosis for upcoming weeks? Honestly, I don't now why, but I feel there will be serious Storm and something will be changed in #LUNC performance, what will totally surprise investors, especially not positively mnded. Maybe it's just my wish, but I do believe #LUNC has now strong potential to reach over 1$ price... Any ideas?
Криптоәлемдегі соңғы жаңалықтармен танысыңыз
⚡️ Криптовалюта тақырыбындағы соңғы талқылауларға қатысыңыз