Bigtime.
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#MyFirstFeedPost Hello, Binance Square! Can anyone tell me about #Bigtime. is it bearish or bullish?
$BTC
Will the Altcoin Bull Market Arrive in the Current Crypto Market?
Bitcoin is fluctuating up and down.
It is currently in a range-bound position, so its price volatility is relatively stable. While calling it “stable” might sound contradictory, for those holding Bitcoin, there hasn't been much of a significant change.
There aren’t many altcoins that are following Bitcoin’s upward movements.
Moreover, when Bitcoin drops, altcoins tend to fall even more sharply.
This kind of market condition has persisted for the past 6 months, causing most altcoin prices to remain at low levels. So, just by looking at the charts, there seem to be quite a few promising altcoins.
What I want to say is that it might be a good idea to gradually accumulate solid altcoins.
There will definitely be an opportunity.
Although it’s difficult to pinpoint exactly when, many believe that altcoins are at or near their bottom right now.
While it's not entirely safe, if you accumulate to a level you can manage and take responsibility for, I believe a significant upward move will eventually come.
#Bigtime. #carrieverse
Will the Altcoin Bull Market Arrive in the Current Crypto Market?
Bitcoin is fluctuating up and down.
It is currently in a range-bound position, so its price volatility is relatively stable. While calling it “stable” might sound contradictory, for those holding Bitcoin, there hasn't been much of a significant change.
There aren’t many altcoins that are following Bitcoin’s upward movements.
Moreover, when Bitcoin drops, altcoins tend to fall even more sharply.
This kind of market condition has persisted for the past 6 months, causing most altcoin prices to remain at low levels. So, just by looking at the charts, there seem to be quite a few promising altcoins.
What I want to say is that it might be a good idea to gradually accumulate solid altcoins.
There will definitely be an opportunity.
Although it’s difficult to pinpoint exactly when, many believe that altcoins are at or near their bottom right now.
While it's not entirely safe, if you accumulate to a level you can manage and take responsibility for, I believe a significant upward move will eventually come.
#Bigtime. #carrieverse
#altcoin
Personal Thoughts on #P2E and #T2E Altcoins
Starting with the commonalities between P2E and T2E, I believe that both initially had good intentions. These systems allow individuals to earn rewards by investing their time and effort in the ecosystem. The operation of these ecosystems is driven by those rewards, making tokenomics crucial. I think we are now seeing issues with how these tokenomics are set up.
In the case of P2E (Play-to-Earn), a certain level of investment is required to start playing. Players then receive rewards through gameplay, which leads to a split between those who reinvest and those who cash out. Over time, if proper tokenomics or new developments aren't introduced, the system starts to stagnate. This situation worsens when the broader asset market weakens, leading to a downward trend.
On the other hand, T2E (Telegram-to-Earn) easily attracts users through Telegram. Most of the initial token supply was distributed via airdrops, allowing many users to profit. Over the past year, numerous T2E meme coins have evolved, as Telegram users became aware of how to claim these tokens, spending more time in the ecosystem. However, the problem is that the airdrop quantities were arbitrarily reduced, which contradicts the initial concept of T2E. As a result, these coins are likely to lose users and eventually fade away.
While P2E and T2E share a similar foundation, I find the current state of T2E disappointing compared to its initial appeal. Personally, I would prefer to find a well-structured P2E platform where I can receive rewards.
That concludes today's analysis. Follow me for more updates on chart analysis!
#carrieverse #Bigtime.
Personal Thoughts on #P2E and #T2E Altcoins
Starting with the commonalities between P2E and T2E, I believe that both initially had good intentions. These systems allow individuals to earn rewards by investing their time and effort in the ecosystem. The operation of these ecosystems is driven by those rewards, making tokenomics crucial. I think we are now seeing issues with how these tokenomics are set up.
In the case of P2E (Play-to-Earn), a certain level of investment is required to start playing. Players then receive rewards through gameplay, which leads to a split between those who reinvest and those who cash out. Over time, if proper tokenomics or new developments aren't introduced, the system starts to stagnate. This situation worsens when the broader asset market weakens, leading to a downward trend.
On the other hand, T2E (Telegram-to-Earn) easily attracts users through Telegram. Most of the initial token supply was distributed via airdrops, allowing many users to profit. Over the past year, numerous T2E meme coins have evolved, as Telegram users became aware of how to claim these tokens, spending more time in the ecosystem. However, the problem is that the airdrop quantities were arbitrarily reduced, which contradicts the initial concept of T2E. As a result, these coins are likely to lose users and eventually fade away.
While P2E and T2E share a similar foundation, I find the current state of T2E disappointing compared to its initial appeal. Personally, I would prefer to find a well-structured P2E platform where I can receive rewards.
That concludes today's analysis. Follow me for more updates on chart analysis!
#carrieverse #Bigtime.
