$SOL $BTC $USDC #Memecoins #BullorBear #SHIB #WIF #sui Twelve Solana Pre-Sale Meme Coins Abandoned After Raising Over 180,650 SOL SOL $149.27 -0.38% According to PANews, blockchain detective ZachXBT has reported on the X platform that in just the past month, twelve Solana pre-sale meme coins have been completely abandoned after raising more than 180,650 SOL, equivalent to approximately 26.7 million USD. The community has been urged to be vigilant about projects that the founders will initiate in the future. ZachXBT's findings highlight the potential risks associated with investing in such projects. The abandonment of these coins after raising substantial funds raises concerns about the intentions and credibility of the project founders. The community has been advised to exercise caution when considering investment in future projects initiated by these founders. This report underscores the importance of due diligence in the cryptocurrency investment space. Investors are encouraged to thoroughly research and understand the projects they are investing in to mitigate potential risks. The abandonment of these twelve Solana pre-sale meme coins serves as a stark reminder of the volatility and unpredictability inherent in the cryptocurrency market.
Advantages of Spot Trading Lower risk: Spot markets rely solely on buy and sell orders without concerns of liquidation or margin calls. It’s ideal for users who want to buy and hold. Simplicity: Spot trading is straightforward, making it accessible for everyone and ideal for beginners. Immediate entry and exit: Traders can enter or exit a trade at any time. #bitcoinhalving #Megadrop #BullorBear #Memecoins #Spot_Trading $BTC $ETH $BNB
What’s the Difference Between Spot Markets and Futures Markets? Spot markets execute instant or short-term trades with immediate delivery, while futures markets involve contracts that set delivery for a future date. Spot trading relies on the current market price based on supply and demand. Futures contracts, on the other hand, are based on agreements between buyers and sellers. #bitcoinhalving #SpotTradingSuccess #FutureTradingSignals
What Is Spot Trading? Spot trading is a direct and immediate form of trading, with transactions settling instantly and without any kind of leverage. It’s one of the most basic forms of trading and can be done with a variety of asset classes, such as cryptocurrencies, stocks, commodities, forex, bonds, and more. Although spot trading may occur directly between traders, transactions are usually facilitated by an exchange like Binance. #bitcoinhalving #Memecoins #Spottrading #BullorBear $SOL $BNB $ETH
Bitcoin NFT Project INK Secures $10 Million Funding According to Foresight News, Bitcoin NFT project INK has successfully raised $10 million in funding. The investment was pledged by incubator CaesarEon. The funds raised will provide crucial financial and industrial resources for INK's brand strategy planning and IP expansion. This investment will help boost its unique brand, expand its IP universe, and enhance its market influence. Additionally, it will support INK holders in developing their businesses and building personal brands through the INK platform. #bitcoinhalving #Memecoins #BullorBear $BTC $ETH $BNB
Bitcoin halving events draw attention to the cryptocurrency market, including Altcoins. Investors may become more optimistic about the potential price growth of other cryptocurrencies. This excitement can lead to increased investment in Altcoins, causing their prices to rise. Additionally, some miners may switch to mine Altcoins that offer better rewards as Bitcoin's mining reward decreases.
Trader Earns $1.49 Million In Two Days Through MEMEcoin Transactions SOL $140.37 -2.72% According to PANews, a trader has reportedly made a profit of $1.49 million in just two days by trading MEMEcoin, as monitored by Lookonchain. The trader conducted seven transactions with MEMEcoins on March 16 and 17, all of which were profitable, yielding a total profit of 8,282.8 SOL ($1.49 million). Initially, the trader was not adept at trading MEMEcoin, with six out of the first ten coins resulting in losses, giving a success rate of only 40%. The trader was cautious, never investing more than 80 SOL in a token. However, after two weeks of trading, the trader seemed to have mastered the method, starting to invest more than 500 SOL, and even over 1,000 SOL. So far, the trader has transacted with 35 tokens, 25 of which have been profitable, giving a success rate of 71.43%. The total profit stands at 8,582.6 SOL ($1.54 million), with 96.5% of the total profit coming from the last two days of trading. #bitcoinhalving #Megadrop #Token2049 #BullorBear #Memecoins $BTC $SOL $USDC
Binance Market Update (2024-04-20) SYS $0.2790 +26.02% SAGA $4.2362 +7.78% ID $0.81167 +9.81% The global cryptocurrency market cap now stands at $2.35T, up by 4.63% over the last day, according to Coin Market Cap data. Bitcoin (BTC) has been trading between $62,954 and $65,450 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,617, down by -1.52%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYS, SAGA, and ID, up by 26%, 15%, and 13%, respectively.
Bitcoin halving events draw attention to the cryptocurrency market, including Altcoins. Investors may become more optimistic about the potential price growth of other cryptocurrencies. This excitement can lead to increased investment in Altcoins, causing their prices to rise. Additionally, some miners may switch to mine Altcoins that offer better rewards as Bitcoin's mining reward decreases.
Why Are the Halvings Occurring Less Than Every Four Years?
The Bitcoin mining algorithm has a target block time of approximately 10 minutes. However, the actual time can vary, with some blocks taking more or less than 10 minutes to mine. This variation can affect the time frame to reach the next halving, which is expected to take place in 2028.
Since Bitcoin's launch in 2009, the mining reward has been halved four times. The first halving in November 2012 cut the reward from 50 BTC to 25 BTC. Subsequent halvings occurred in July 2016 (12.5 BTC) and May 2020 (6.25 BTC). Most recently, the reward was halved again in April 2024, bringing it down to 3.125 BTC per block. These halvings are essential to Bitcoin's scarcity and control inflation, ensuring the total supply never surpasses 21 million coins and aligning with its deflationary principles. #bitcoinhalving #Megadrop #BullorBear #Memecoins #SHIB $BTC $ETH $BNB
When Bitcoin halves, the reward for mining a new block is cut in half. This reduces the rate at which new BTC are created, effectively lowering the inflation rate of the cryptocurrency. The halving event occurs approximately every four years and is part of Bitcoin's controlled supply, aiming to limit the total number of BTC to 21 million.
Bitcoin halving is a prescheduled event where the reward for mining and verifying new blocks is reduced by 50% and miners earn only half the number of BTC per mined block. Scheduled to take place every 210,000 blocks, or approximately every four years, Bitcoin halvings continue until the network has produced the maximum total supply of 21 million BTC.