What to buy to make 100 million quickly
In the past decade of the global crypto market, the most severe adjustment was on March 13, 2020, when the Covid-19 epidemic hit and the market crashed by 39.6%. Under the massive sell-off, the total market value of cryptocurrencies shrank sharply from $223.74 billion to $135.14 billion.
In comparison, the largest cryptocurrency market sell-off so far this year was significantly milder, at only -8.4%, which occurred on March 20, 2024. Similarly, although the recent decline lasted for 4 consecutive days, causing the total market value of cryptocurrencies to shrink from $2.44 trillion on August 2 to $1.99 trillion on August 6, these declines are far from enough to be considered a deep market adjustment.
The second largest correction in cryptocurrencies occurred on September 14, 2017, when the total market value of cryptocurrencies experienced a correction of -22.3%, from $136.55 billion to $106.14 billion. This coincides with Bitcoin's third largest price correction of -20.2% on the same day. This correction occurred against the backdrop of relatively strong performance throughout the year, and both the cryptocurrency market and Bitcoin rebounded quickly the next day, fully highlighting the high volatility of cryptocurrencies.
So, how long will the cryptocurrency correction last? In the past decade, the longest cryptocurrency correction lasted only 2 days at most. Since 2014, the global cryptocurrency market has experienced 3 such consecutive corrections, which occurred in early 2018, when the cryptocurrency market began to cool down after setting a new high, and at the end of 2022, due to the collapse and spread of FTX.
At the same time, the most popular Martian dog concept recently - Marvin the Martian has attracted much attention! Musk made it clear in the interview that he would take Marvin to Mars, and it is expected that its market value will soon exceed 10 million! Address: 7055. In the ever-changing cryptocurrency market, new opportunities may be quietly brewing. $BTC
$ETH
#DODO助力Meme发行 #本周美国将公布PCE、GDP数据 #新币挖矿已上线HMSTR #BNBChain与Telegram集成