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What you think about the next move of       BTC🔥
$BTC 
#BinanceLaunchpool 
#BTCHalvingApril2024 

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I took a look at Binance Research's new updated research report on BTC L2. The basic plate and basic schemes used by BTC L2 are comprehensively introduced. Recommended reading 📍For friends who are too lazy to read the original text, I will translate this article into Chinese later. This time it is a full translation Summarize the report👇🏻 (1) The latest developments in Bitcoin, including inscriptions, BRC-20 tokens and runes, have pushed the discussion of Bitcoin's expansion plan to a new height. Bitcoin's average transaction fee has risen from $1.5 in 2022 to $4.2 in 2023, and so far in 2024, it is $9.5. (2) Ethereum's market value is about $450 billion, while the total TVL of various L2 solutions is about $45 billion, that is, the entire L2 sector accounts for about 10% of Ethereum's total market value. Bitcoin's market value is $1.4 trillion, and its L2 TVL is only about $2 billion, accounting for only about 0.13% of Bitcoin's overall market value. (3) Key considerations when analyzing Bitcoin scalability solutions include: - How they solve the trustless bidirectional bridge problem - Relationship and consistency with the Bitcoin base layer - Whether there is any requirement for forking - What level of incentives do they have between users, developers, and new users (4) The development of Taproot and BitVM solutions at the infrastructure level has expanded the possibilities for building protocols on Bitcoin. Although some of these implementations are still in their infancy, this has not prevented innovative solutions to Bitcoin's scalability problem from being provided. (5) "Bitcoin native" protocols such as the Lightning Network and the RGB protocol both aim to improve Bitcoin's P2P transaction capabilities and introduce smart contract functionality to the original chain while retaining Bitcoin's integrity. So far, the launch of the Lightning Network has been relatively successful, while RGB is still in the development stage. $BTC

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⚡ MUST READ ⚡ Seems like the farming rate is slow on this one. This leads me to speculate that the price of the coin might be higher than the previous ones. #OMNI farming will be finished in a few hours. Will this be another pump and dump by big whales or is this going to the moon? #BullorBear #BinanceLaunchpool Also what are your thoughts with the current trend right now? #OMNILAUNCHPOOL

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🔥 Important During this period, the best operation is to wait for a big drop, copy the oversold rebound coins, make a profit after copying, and then continue to short, waiting for the next target! For example, buy at 7.5, sell at 10.5, and easily gain 40% with low risk! Holding positions every day does not necessarily make money, it is good not to lose money or lose less money! In the past two days, many fish, shrimps and crabs have experienced a bottoming drop. For these fish, shrimps and crabs, it is a technical bear market! The huge drop caused panic. In the next few days, fish, shrimps and crabs will have a relatively large rebound. If the big cake stabilizes and does not break 58700, there will be a last chance for a new high, but the new high will be after halving! If there is a new high, be sure to run away before the new high! Wait for the new high of the big cake and then look at the drop of the cottage. Long-term investment will be involved at least from May to July! #BinanceLaunchpool $BTC $BNB $ETH

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🚨 IMPORTANT 🚨 ⚡OMNI⚡ Don't rush into buy on lunching. $OMNI on Launchpool will be listed. Let's predict the price at listing. Tokenomics:Max Token Supply: 100,000,000 OMNI. Initial Circulating Supply: 10,391,492 OMNI Average initial market cap of Launchpool is around $400M - $500M => OMNI listing: $3.88 - $4.8 #OMNICOIN #OMNILAUNCHPOOL #BinanceLaunchpool

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