I've written my thesis or reasoning for holding most of these before but added some quick thoughts below as well.$ACE $VANRY$INSP$WINR$SAVM$IXS$PLANET$APP$PORT3Let's get into it 📈👇$ACE - Classic Binance Launchpad/pool price action. Seems to be building a range down here.Often these kind of coins range, break out and then rally to new highs. $10 level is important. Would like to buy the $7.3 sweep if we get it.This is a good one for the GameFi Narrative$VANRY - Slowly grinding up. Really needs to break that $0.065 region to get a bigger move going I think.This has been compressed for so long that if it does break it will likely cause a big move.Also GameFi.$INSP - Nice Rounded bottoming structure. Slowly making higher lows and higher highs.I think once the Friend Tech airdrop gets some spotlight somewhere relatively soon, that all the SocialFi projects, including Inspect, will see an uptick in interest again.$WINR - Just overall a solid up trend. My GambleFi play personally. They recently got integrated on the Solana chain as well so having Solana and Arbitrum is a good position to be I think.$SAVM - Newest launch. Bitcoin Infrastructure project which is a sector I've been bullish on for a while. This thing went up only since it's launch and has since ranged around the $10 region.I would love to add between 6-7.5 if the market were to give it to me.$IXS - Still kinda under the radar I feel like. I was offered to invest in this in 2021 but the RWA hype wasn't as big as it is now. So to see this still going and building throughout that time is nice.This is basically the Uniswap of RWA which is a very nice application.$PLANET - Another big RWA project. These got massive names (Like Messi) supporting it and holders can stake their tokens to earn unique rewards.Meanwhile the focus is on working on a sustainable future.$APP - New launch as well. Launchpad coin on one of the most hyped L1s $INJ. Has been ranging within this area since launch. I do think this will generally follow wherever INJ goes but in greater moves.$PORT3 - Another recent launch. Also just been holding steady which is always solid. This is also a SocialFi coin so for me it shares the same thesis as others. I think once the Friend Tech airdrop/hype re-ignite the spark, it will see all these benefit.These include most of the small/mid caps I'm holding which are live to this date. Most of these projects I was able to invest in their respective sales.There's more solid projects to come and I'll refer to any of these if I think there's something particularly worth sharing! 💪Remember: Your generous tips encourage the Creator for more profitable signal and Airdrops. #learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

“QR codes are a fad,” read the headline of an article published in Fall 2012. A few years later, the overhyped technology was included in a list of “Biggest Tech Fads of the Last Decade.” But then COVID happened, and now QR codes are widely used. The use cases were already there, but the need for social distance and everyone having internet-enabled smartphones combined to create the conditions for widespread use. Today, blockchain technology needs its own “Covid” moment.PwC projected that in 2020, nearly every business would adopt blockchain 2025, boosting global GDP by US$1.76 trillion by 2030. Many analysts made similar predictions beginning around 2017. Yet today, blockchain products are not nearly as used as predicted. For a technology product to be widely used, it needs:people changing their behaviors,reasons for businesses to use it, andappropriate tools to produce or consume it (aka, infrastructure).As governments introduce digital identities and currencies, people will inevitably get used to blockchain products like digital wallets. Tackling climate change or automating business processes are reasons businesses use it. This article argues that one of the final pieces for PwC’s trillion-dollar prediction to materialize will be infrastructure products like Gora that connect blockchain smart contracts to real-world data.What are smart contracts?Blockchains are immutable, add-only databases where many independent parties maintain an identical copy of the database.Each record in the database can include data like a digital asset, such as Bitcoin or a digital Euro, a credential like a driver’s license, or lines of code. The records containing code (smart contracts) are executed in response to an event.For example, if a customer with a flight delay insurance smart contract asks to claim their payout, a smart contract would first check if the flight in question is delayed past the agreed threshold. If so, it would initiate a transaction to transfer the agreed payout amount to the customer. But since smart contracts don’t have access to real-world data, such as flight departure times, it need specialized software to provide this information. This specialized software is known as Oracles.When someone wants to send a transaction or present their digital credentials, they must sign it with a ‘private key.’ A private key is like a hard-to-remember phrase to create a practically impossible-to-forge signature. This ensures that only the person accessing the private key could have interacted with the record.Changing People’s BehaviorsFor blockchain to be widely adopted, people should be comfortable managing their digital keys. Digital wallets make this easy by abstracting away the private key and providing mechanisms to recover lost keys. Many countries in Europe and worldwide have already begun rolling out digital identity products and digital currencies.Once people are more knowledgeable about storing their own digital identities, owning their own data, such as their web browsing habits, will begin to make sense. Data ownership has great benefits, such as preserving privacy and increasing consumer bargaining power. Products like Gora will be necessary to get that data onto the blockchain.Blockchains are currently well suited for financial and identity products, like transferring digital assets or issuing and verifying credentials. However, blockchains can help tackle some of the world’s biggest problems, such as climate change.Around 50,000 businesses in the EU will need to begin reporting verifiable data on their emissions starting in 2024. To comply, businesses can use IoT devices and sensors to collect real-time emission data. They can use software like Gora to create verifiable records of this gathered information on a blockchain.Blockchains can also give consumers more bargaining power and privacy. Europe and North America are expected to reach 84.5 million telematic insurance policies by year-end 2025. Telematic insurance is where insurance companies price policies based on a driver’s behavior, as measured by the sensors in their cars. The problem here is that it: provides an insurer with way too much information, such as where you go and when, and the data is kept with one insurer; you might have to build a driving profile again if you switch.Only 25% of drivers are willing to use the technology if it would save them money. Software like Gora can take sensor data from vehicles, parse the needed information while keeping it private, and store only the insights on a blockchain (i.e., whether the driver is a good driver or not). This gives ownership of a user’s driving history to the driver, which protects their privacy and allows them to use the data with any provider. This could make the number of telematic insurance policies much higher than 84.5 million.There are several more examples of billion-dollar industries, such as crop monitoring or cold chain verification, that blockchain products could improve. The common theme between all these use cases is the need for sophisticated software like Gora to connect real-world sensors to smart contracts.Are smart contracts necessary?Businesses already have software doing much of the above, so, are blockchain and smart contracts necessary? A regular database is enough if the data is for internal use, like how much of something is in stock. Blockchain is also unnecessary if data can only be verified through traditional audits, such as public financial statements. Blockchain products can be a perfect tool when organizations need greater trust in the accuracy of the data they share externally from a verifiable source.Policymakers struggle to create policies that protect consumers and the planet, without affecting companies’ profitability. 64% of German CEOs did not believe governments’ regulations have “increased consumer trust while maintaining business competitiveness.”VW has sophisticated reporting hardware and software in their vehicles, yet they still lie about how much nitrous oxide their vehicles emit. If sensors reported the emissions to the blockchain while the vehicles were in use, VW would have likely avoided the deception altogether.Policies around data protection in the EU have media companies there facing an existential dilemma:make users pay for their service or show non-targeted ads.The former makes most users stop using the service, while the latter significantly reduces operating revenues. Many Companies, like Meta (formerly Facebook), are getting around this by offering consumers the option to either pay a monthly fee or accept personalized ads.Accepting ads means the collection of a lot of personal information. But the European Center for Digital Rights says this is wrong and has lodged complaints against several media companies. But there can be another option – using products like Gora to anonymize a user’s data and give marketers only the topics they want to see ads about.Infrastructure is falling shortSoftware that connects smart contracts to real-world data is expensive to build. It needs to be as secure as blockchains but handle much more data and computations than they can. This requires hiring people skilled in cryptography and distributed systems engineering and spending months, if not years, in development. Instead, businesses can purchase existing solutions that are more than ten times cheaper and faster than building their own.However, businesses find the current products too specialized for their needs. The majority of products either only provide financial data (e.g., currency exchange rates) or need so much customizations that the business may as well develop their product. Gora focuses on enterprise needs by: exposing APIs for businesses to integrate their data sources with, providing an App Marketplace for businesses to find already-developed products and allowing for custom and private networks with controls on who can access data.Blockchain products should integrate into a business’s current software systems rather than replace them. Gora provides a marketplace for developers with industry-specific knowledge to sell premade products, such as insurance or emissions monitoring apps that integrate with companies’ ERP systems. Finally, Gora allows enterprises to self-host private networks while accessing personalized, on-demand support.ConclusionAdopting any technology is like a triangle, with behavior, use cases, and infrastructure as the three connecting lines. In the QR code example, the use cases were there, but it was not until the infrastructure and people’s behavior changed that it became widely used.With blockchain, the use cases are clear, and digital identity will likely be the use case that brings about behavioral changes (i.e., managing digital keys). Software that connects real-world data to blockchain, such as Gora, is one of the key pieces remaining for blockchain to become widely adopted by organizations.#QR #learnwithDLabs

As the year draws to a close, the cryptocurrency market often experiences a significant increase in activity, creating opportunities for investors to benefit from the festive season. Despite Bitcoin’s impressive surge to $43,148.35, not everyone may find it within their financial reach. Nevertheless, there are still promising cryptocurrencies trading below the $1 mark that could serve as excellent Christmas investment options. Here are the top 3 crypto tokens under $1 that could bring holiday cheer to your investment portfolio this Christmas.Cardano (ADA):With a recent surge in popularity among institutional investors and a notable increase in transactions exceeding $100,000, Cardano (ADA) appears poised for a bullish trend, making it an attractive option for holiday season investments. The crypto is currently trading at $0.494075, reflecting a 13% surge in the last 24 hours. Additionally, ADA has displayed resilience with a 29% gain over the previous seven days and an impressive 39% progress on its monthly chart.Polygon (MATIC):Polygon (MATIC) has caught the attention of investors as whales engaged in a buying spree, acquiring 120 million MATIC in the last week of November, totaling $90 million. Additionally, the recent introduction of Polygon’s perpetual future contracts on Coinbase International Exchange and Coinbase Advanced further enhances its appeal. MATIC’s current price stands at $0.861747 with a 4.9% daily surge. Furthermore, the crypto showcased resilience with a 10% increase over the last week and a 12.7% growth throughout the month.Dogecoin (DOGE):Overcoming a significant obstacle at $0.087, Dogecoin (DOGE) has surged ahead with expectations to reach $0.14, particularly given the approval received by its DOGE-1 Satellite from the National Telecommunications and Information Administration (NTIA) for its launch. Dogecoin is presently priced at $0.096990, recording a 2.4% increase in the day, contributing to a 15.09% gain on its weekly chart and an impressive 24.54% advance in the last month, according to the latest available information.While Bitcoin may be beyond the financial reach of some, the top 3 crypto under $1—Cardano (ADA), Polygon (MATIC), and Dogecoin (DOGE)—offer affordable alternatives for Christmas investments. As the year concludes, these tokens present promising opportunities for potential gains, allowing investors to usher in the new year with a crypto-filled celebration. As with any investment, conducting thorough research and considering your risk tolerance is crucial before entering the market.#learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also ran” – what are called “altcoins,” or alternatives to Bitcoin.While Bitcoin may have been the first major cryptocurrency to hit the market – it debuted in 2009 – many others have become highly popular, even if not quite as large as the original.Here are the largest cryptocurrencies by the total dollar value of the coins in existence, that is, the market capitalization, or market cap. (Data is from CoinMarketCap.com, as of December 21, 2023.)Largest cryptocurrencies by market cap1. Bitcoin (BTC)Price: $43,701Market cap: $855 billionAs the harbinger of the cryptocurrency era, Bitcoin is still the coin people generally reference when they talk about digital currency. Its mysterious creator — allegedly Satoshi Nakamoto — debuted the currency in 2009 and it’s been on a roller-coaster ride since then. However, it wasn’t until 2017 that the cryptocurrency broke into popular consciousness.2. Ethereum (ETH)Price: $2,228Market cap: $268 billionEthereum — the name for the cryptocurrency platform — is the second name you’re most likely to recognize in the crypto space. The system allows you to use ether (the currency) to perform a number of functions, but the smart contract aspect of Ethereum helps make it a popular currency.3. Tether (USDT)Price: $1.00Market cap: $91 billionTether’s price is anchored at $1 per coin. That’s because it is what’s called a stablecoin. Stablecoins are tied to the value of a specific asset, in Tether’s case, the U.S. Dollar. Tether often acts as a medium when traders move from one cryptocurrency to another. Rather than move back to dollars, they use Tether. However, some people are concerned that Tether isn’t safely backed by dollars held in reserve but instead uses a short-term form of unsecured debt.4. BNB (BNB)Price: $272.75Market cap: $41 billionBNB is the cryptocurrency issued by Binance, among the largest crypto exchanges in the world. While originally created as a token to pay for discounted trades, Binance Coin can now be used for payments as well as purchasing various goods and services.5. Solana (SOL)Price: $86.60Market cap: $37 billionLaunched in March 2020, Solana is a newer cryptocurrency and it touts its speed at completing transactions and the overall robustness of its “web-scale” platform. The issuance of the currency, called SOL, is capped at 480 million coins.6. XRP (XRP)Price: $0.6151Market cap: $33 billionFormerly known as Ripple and created in 2012, XRP offers a way to pay in many different real-world currencies. Ripple can be useful in cross-border transactions and uses a trust-less mechanism to facilitate payments.7. USD Coin (USDC)Price: $1.00Market cap: $25 billionLike Tether, USD Coin is a stablecoin pegged to the dollar, meaning that its value should not fluctuate. The currency’s founders say that it’s backed by fully reserved assets or those with “equivalent fair value” and those assets are held in accounts with regulated U.S. institutions.8. Cardano (ADA)Price: $0.5996Market cap: $21 billionCardano is the cryptocurrency platform behind ada, the name of the currency. Created by the co-founder of Ethereum, Cardano also uses smart contracts, enabling identity management.9. Avalanche (AVAX)Price: $44.57Market cap: $16 billionAvalanche is a blockchain that was launched in 2020 and competes with Ethereum as one of the most popular blockchains for smart contracts. AVAX is the native currency of the Avalanche blockchain.10. Dogecoin (DOGE)Price: $0.09158Market cap: $13 billionOriginally created as a joke after the run-up in Bitcoin, Dogecoin takes its name from an internet meme featuring a Shiba Inu dog. Unlike many digital currencies limiting the number of coins in existence, Dogecoin has unlimited issuance. It can be used for payments or sending money.11. Polkadot (DOT)Price: $7.66Market cap: $10 billionLaunched in May 2020, Polkadot is a digital currency that connects the technology of blockchain from many different cryptocurrencies. A co-founder of Ethereum is one of Polkadot’s inventors, and some industry watchers believe Polkadot is looking to dethrone Ethereum.12. Tron (TRX)Price: $0.104Market cap: $9 billionLaunched in September 2017 by Justin Sun, Tron is a blockchain ecosystem focused on decentralizing the internet through blockchain technology and decentralized apps. Tron hosts the largest circulating supply of stablecoins in the world, according to CoinMarketCap.com.Bottom lineThe cryptocurrency market is a Wild West (although the U.S. government is taking a more active role in overseeing the crypto space), so those speculating in these digital assets should not put in more money than they can afford to lose. Crypto assets faced downward pressure for much of 2022 and trading remained volatile in 2023. It’s also important to note that individual investors often trade against highly sophisticated players, making it a fraught experience for novices.#learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

If you’re riding the Bitcoin wave, brace yourself: the regulatory rollercoaster is only getting more intense. As Bitcoin continues to grow, it’s drawing the watchful eyes of regulators worldwide, setting the stage for some game-changing developments.While the regulatory crackdown is ongoing, investors are flocking to safer options that could shield them from uncertainty: two of the top crypto coins, Borroe Finance and Cardano – keep reading to find out why $ROE and ADA are projected to reach 100x growth in 2024.Bitcoin: Navigating the Highs and Lows of Crypto ComplianceFirst up, let’s talk about the big elephant in the room: Bitcoin ETFs. The financial world is abuzz with the SEC’s intricate dance with giants like Grayscale and BlackRock over Bitcoin ETF applications. This isn’t just paperwork; it’s a pivotal moment that could redefine the future of Bitcoin in the mainstream financial market. The SEC’s meticulous scrutiny here signals a new era of balancing innovation with investor protection, keeping everyone on their toes​.On the legislative front, don’t expect a smooth ride just yet. The U.S. Congress is still wrestling with crypto regulations, meaning a full regulatory regime might not be in place before 2025. However, keep an eye on those court rulings and agency policies – they’re shaping the crypto world as we speak.Borroe Finance: Investors’ New Darling Raises Over $2 MillionImagine a world where the boundaries of traditional finance don’t limit your creative potential. That’s the world Borroe Finance is crafting for today’s Web3 innovators – content creators, NFT artists, and blockchain visionaries. This isn’t just a new platform; it’s a revolution in how we think about funding in the ever-evolving Web3 universe.The Web3 market, with all its blockchain wonders and new DeFi projects, is a giant that’s only getting bigger. Reports from the World Economic Forum put the market capitalization of cryptocurrencies at an astounding $2 trillion, with a growth trajectory that’s as exciting as the technologies it encompasses. And right there, at the heart of this growth, is Borroe Finance.What makes Borroe Finance stand out? It’s how they’re empowering the people behind Web3 – the creative minds who often find themselves overlooked by traditional banks. If you’re a content creator, an NFT artist, or working on the next big thing in blockchain, Borroe Finance is your ally. They’re transforming the way you can secure funding, connecting you directly with those who believe in your vision – your fans and your community.Imagine turning your future earnings into something tangible today. Borroe Finance makes this possible by turning your potential income into NFTs. This isn’t just funding; it’s forging a new path in financial freedom for the digital age. For creators in the Web3 space, this is more than a convenience – it’s a game-changer.The excitement around Borroe Finance isn’t just because it’s a new player in the market. It’s about the potential it holds in a sector that’s primed for exponential growth. Experts are eyeing a 100x growth for Borroe Finance in 2024, riding the wave of the expanding Web3 market.Cardano’s 2024 Gold Rush: 100x Windfall Around the CornerCardano has already shown its prowess by skyrocketing over 100x from its lows in 2020 to a peak in 2021, capturing the imagination of investors worldwide.Enthusiasts and analysts are buzzing with optimism, forecasting that ADA’s price could hit astonishing heights. From its current consolidation phase, ADA is gearing up for a potential rally, with some analysts setting their sights on the $10 mark and beyond for 2024. This isn’t just wishful thinking; these predictions are based on Cardano’s past performance and the projected impact of the Bitcoin halving event on the crypto market.The growth in Cardano’s DeFi ecosystem further fuels this optimism. The Total Value Locked (TVL) on its platforms has surged, reflecting the burgeoning adoption and utility of Cardano in the crypto world.All in all, the crypto landscape is rapidly shifting. If you want to ride the new wave of innovation, Borroe Finance and Cardano could offer you the returns you’re seeking.As the best crypto to invest in now, Borroe Finance might be your golden ticket for spectacular gains in 2024!#learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

Everyone has their own ones, but in this post, I’ll highlight to you what worked out for me. (Yes, it took me years to figure it out, I slept in the meanwhile)It might be a little bit long, but I believe it's HIGHLY important.🔸 𝐒𝐚𝐯𝐢𝐧𝐠 𝐜𝐮𝐥𝐭𝐮𝐫𝐞The first key pillar is surely learning how to save money.I'm not talking about renouncing a good dinner at a restaurant or never having a party with your friends.What lasts forever isn't material stuff but memories, and youth ones are something precious that you exclusively collect while you're in the 15/30 years old range.By saving money I'm talking about refusing s*** that doesn't add value to your life.Alcohol and smoking don’t add value.Designer stuff neither.A new item when you already have one that perfectly does the work? No way.It's ok to drink some beer.It's not ok to make it a habit.These are all society’s traps made to keep you in a cage forever.The soon you'll realize it, the better.🔸 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 + 𝐜𝐚𝐬𝐡 𝐫𝐞𝐬𝐞𝐫𝐯𝐞I already know what you're thinking.“Ah, the classic cliche of investing, I already know it..”Might be, but you cannot make money without putting them to work.And I'm not talking solely about cryptocurrencies, I'm referring to having an elastic mindset to consider other sectors:• Real Estate• Commodities• Luxuries• Art• StocksExpand your horizons, especially once you start making substantial profits.Your goal is to conquer as many areas as possible.Additionally, NEVER forget to build up an alternative fund made of liquidity.You'll never know what will happen: want to buy the dip, necessity to repair your car, desire to pay for S*x (joking)ALWAYS leave some cash aside.🔸 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬This is something I discovered way too late.𝐄𝐚𝐜𝐡 𝐨𝐟 𝐮𝐬 is good at doing something.Cooking, programming, writing, drawing, giving advice, singing, playing games..Our limit is just our fear of not succeeding.If you wake up and think about a specific passion every day, something that makes your inner fire continue burning, THAT is the thing you need to translate into a business.Something you love to do and you are such good at that people can pay for.This is not a sexy “entrepreneur” label to flex on the gram.The world around us is falling, people lose jobs every single f*** day.Tomorrow you might wake up and get fired because your job becomes obsolete.You NEED to have a plan B, it's a necessity for yourself and your family.Don't make the mistake of exclusively relying on investments..what happens if the musical chairs game end?Develop a high-demand skill ~> be so good to get recognized ~> start producing cashflowDo NOT fear the judgment of people, you'll always be criticized by the ones who are doing LESS than you.They mocked me once I started to build this account.Now they’re in disbelief.🔸 𝐏𝐚𝐭𝐢𝐞𝐧𝐜𝐞 Do you know what is the real secret behind wealth?Yes, motivation.Yes, discipline.But also patience, something that modern humans truly lack.Pulling out a +100% from the market and being patient for the next opportunity to come is HARD, but this is how wealthy people play.They don’t go for the rocket moon shot like retails, they go for pulling out profits at HTF levels and then patiently wait to compound.That's why retails get rekt and institutions continue to get rich.Also, have patience with everything you do in life: business, relationships, progress..Don't make the mistake of watching others and thinking “It’s far way ahead of me..”Everyone has a different story and modus operandi but most importantly, everyone has his TIME.It doesn't matter how much it can take, the only thing that matters is the final destination.If you've come this far, I hope my post provided you with value.#learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

25th of February.And in about 2 months we're gonna approach the halving, an historical bullish catalyst.How about charting a bit analyzing the market and pointing out potential outcomes in order to be prepared?🔸Bitcoin macro chart 🔸Let's take a look at the logarithmic chart:What we can notice, historically speaking, that there are 4 main phases:- The parabolic phase (green box)- The mark-down (red box)- The macro accumulation range to break for initiating the parabolic phase (blue box)- The pre-parabolic re-accumulation phase (yellow box)We're currently floating inside the yellow box that should anticipate the most violent phase of the market, which usually comes after the bullish catalyst of halving.However, what is interesting to observe, is that through cycles the 0.618 has always acted as a watershed during "mid-cycles":- In June 2016 we stopped earlier- In June 2019 we get rejected- In this cycle we broke aboveThis is something that never happened and could potentially flash a left translated cycle, meaning that the peak could come earlier to the mid-point of 60 day cycle, therefore anticipating the classic end of the cycle (pointed out, less or more, in October 2025)🔸Closer look 🔸Now that we've seen the macro situation, let's take a closer look by zooming in a little bit:If you took a look at the previous analysis I made, I pointed out 2 important liquidity areas (💧🔨) where we could have seen a potential pullback.Bitcoin has in fact took out the first level (notice the wick) and we could now plausible see the 2 pullback zones to get hit.The first one would be a retest of the January highs, while the second and deeper one, a revisit of the range high where there was the high activity trading cluster, at 44K.If we zoom out on the 4HR the situation is even clearer:We have those 2 inefficiency areas that could give us a -8% or a -17/20%, totally aligned with past retracements and definitely healthy for the whole macro structure, producing 2 potential higher lows.These areas are also confirmed by the volume voids.(Fear & Greed Index is at 74, flashing greed that could sustain the thesis)"Mate, is it possible to see deeper prices?"I always tend to remain elastic enough to consider every potential scenario, I never pick blindly one side or another.But at the moment, the trend is clearly bullish even with lower prices and especially considering in which stage of the cycle we're walking on.🔸Regarding altcoinsWell, we're currently holding the 0.382 at 230B and this is good, but overall we're still lagging behind Bitcoin with a 40% gap on the whole sector.This is completely normal since we will see the risk aversion heating up once Bitcoin breaks ATH.#TrendingTopic #UNI Remember: Your generous tips encourage the Creator for more profitable signal and Airdrops. #learnwithDLabs #Decryptedlabs Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.

In the fast-paced world of technology and finance, a groundbreaking trend has emerged – SocialFi, the fusion of social media and decentralized finance (DeFi) within the realm of blockchain and cryptocurrency. As of August 22, 2023, SocialFi has become a hot topic, captivating users with its innovative approaches to social engagement, content curation, and value-based incentives.Unveiling the SocialFi LandscapeAt its core, SocialFi aims to reshape the conventional social networking model by integrating decentralized technologies, particularly tokenization. Unlike traditional platforms that consolidate data ownership, SocialFi employs smart contracts and decentralized identity systems, granting users ownership of their personal information. This not only enhances privacy but also enables users to monetize their data through tokenization.Operating within the Web3 framework, SocialFi creates an ecosystem where users interact and transact using cryptocurrencies. This includes rewarding users for valuable content creation, sharing, and collaboration through token-based incentives. The result is a transformative shift where online social interactions seamlessly transition into economic transactions.Cryptocurrencies: A Catalyst for New Content Monetization StrategiesThe integration of cryptocurrencies in social applications unlocks a realm of possibilities for both creators and fans. Notably, microtransactions enable direct monetization for content creators, providing a sustainable alternative to traditional advertising models. Fans, in turn, actively contribute to their favorite creators through small, instantaneous payments, fostering a sense of community and support.Balancing Act: Rewards and Risks of SocialFiAs with any emerging trend, SocialFi brings both advantages and risks to the table. While it democratizes online interactions and strengthens communities, concerns about cryptocurrency market volatility, regulatory compliance, and user experience must be carefully navigated. Convincing users to transition from familiar platforms, ensuring scalability, addressing privacy and security concerns, and mitigating potential scams are challenges that the SocialFi community faces.SocialFi in Action: Real-world ExamplesSocialFi isn't a distant concept—it's already woven into platforms you likely use. The implementation of non-fungible tokens (NFTs) as profile pictures on platforms like X (formerly Twitter) and Reddit showcases its practicality. NFTs add a layer of personalization and value to digital personas, allowing users to express their individuality in a tradable form. Platforms like Reddit have embraced cryptocurrency tipping, enhancing user engagement and fostering a supportive environment.Charting the Future of SocialFiThe path forward for SocialFi involves empowering creators, democratizing value, and finding a delicate balance between reaping benefits and mitigating risks. Responsible adoption and adaptation are crucial as the ecosystem evolves, offering the potential to revolutionize the ways in which we interact online.In conclusion, as SocialFi continues to gain momentum, its transformative influence on the intersection of social media and decentralized finance is undeniable. The fusion of Web3, cryptocurrencies, and decentralized technologies heralds a new era of online interactions—one where users are not just participants but active contributors, shaping the future of digital engagement.#Decryptedlabs #learnwithDLabs #Binance #SocialFi