Bitcoin halving, ETH token #HalfBTC follows this narrative
A Bitcoin halving is something defined within Bitcoin’s protocol that requires the Bitcoin block reward to be cut in half every 210,000 blocks. The Bitcoin halving is arguably the most important event in the cryptocurrency world. So, whether you are a crypto novice or a seasoned investor, it’s essential to understand what the halving is and its impact on the market.
• A halving of block rewards occurs automatically once a certain number of blocks has been mined.
• The most recent Bitcoin halving event took place in May 2020. The next Bitcoin halving is likely to occur in April 2024.
• The purpose of halving is to decrease the number of new coins entering the network.
• A halving event includes the risk that miners may be less incentivised to mine Bitcoin.
One token on the Ethereum chain got launched following the halving narrative: Half Bitcoin
It is a community driven token. The liquidity pool and 50 percent of the supply are burned and the contract is renounced. So it should be a safe place for investors.
The community is working hard and the token reached a new all time high. With still some time till the halving will take place, there should be alot stuff coming there.
Contract: 0x871407d1630ce22a831bb74f0c94aee2e6af7ddf
Chain: Ethereum
Market cap: 220k
Do your own research. No financial advice.
$BTC #MemeCoinBoom
