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#Bitcoin❗
is now the 6th largest monetary asset in the world by market capitalization, ahead of the British pound sterling and silver
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I was just thinking! Investors who buy an asset want to see the growth of this asset, and therefore profit! The trader essentially does not care where the asset goes, he trades within a day or another time period! Does the creator of a product, project, platform care what the price of an asset will be? To be honest, no! I'll explain why! Using DYDX as an example. We have creators of a decentralized platform where people connect wallets and use the dydx coin to pay commissions! The project attracts investors in the early stages of development by demonstrating the idea of the platform! In exchange, it gives in the early stages the opportunity to purchase a coin of this platform at very attractive prices! Having received coins, early investors can pump the coin up, and then sell it to make a profit! That is, in fact, venture funds and platform creators remain the winners! Having received money for development, they create a platform and in order to generate income, they need as many users as possible to use the platform! More trading volumes, more commissions! Do they care about the price of the token for which they generate a fixed commission? In fact, no! They can be focused on attracting new funds! You can open the crypto rank and see how projects that received funding in 2019 conducted new rounds and received new funding to continue working on the project and product! Therefore, in fact, the DYDX team is doing its original job, the product is convenient and functional! After all, this is not a meme token, they present themselves as a platform, not a coin! That's why I thought that we, as investors, are often unhappy with the fact that the team is working on something, but the token price can go in a downward trend for 2-3 years! But in fact, the team's task is a product and a platform, not marketing to pump up their coin! In new rounds, they will not look for venture funds to invest in the coin! They will attract money to expand capabilities, scale and improve the platform! It is worth thinking about and reviewing the basic of research $DYDX
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$TIA Price Prediction. 817 Million Unlock #TIA🔥🔥🔥
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MrBeast, one of YouTube's most popular creators, is currently facing serious allegations related to cryptocurrency schemes. Blockchain investigator SomaXBT recently accused him of engaging in "promote-and-dump" schemes, where he allegedly promoted certain cryptocurrency tokens before selling off his holdings at inflated prices. Notably, MrBeast is claimed to have invested in projects like SuperFarmDAO and then used his influence to drive up the value of its token, SUPER, eventually selling his holdings and earning significant profits—reportedly upwards of $9 million from this project alone. Similar accusations involve other tokens like Polychain Monsters, STAK, and SHOPX. These accusations reflect a broader concern within the crypto industry, where prominent influencers have previously been implicated in similar "pump-and-dump" tactics, which harm retail investors and erode trust in smaller crypto projects. While MrBeast’s team has yet to issue an official response, the allegations are stirring a debate around the ethics of influencers promoting volatile financial products without disclosing potential conflicts of interest. And people think we dont need regulation? ))
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The average cost of mining 1 $BTC among the largest public miners has dropped to $49,500 . #BTC☀
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Canary Capital filed an application with the SEC to launch $SOL -ETF This is the company's third cryptocurrency ETF filing this month — Canary Capital previously filed ETFs for LTC and XRP.
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