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According to Glassnode, the inflation rate of
#bitcoin
(0.83%) has been significantly lower than that of gold (2.3%) since the last halving.
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BTC
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CVC analysis: CVC analysis: Price is approaching the resistance area. Let's observe how it reacts. If rejected, the price may return to the support area. Better to wait for more confirmation. Support Area: $0.078-$0.0855 Resistance Area: $0.115-$0.125
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WHEN MEN WERE BUSY FIGHTING FOR RANK IN 2009/2012.🙄 *Other men were busy mining bitcoin (BTC) and other mineable coins back then in 2010/2012/15.* Same is happening today.🤩😌 *Some people are busy mining web 3.0 projects* While *some are busy looking for followers on TikTok, Facebook, Twitter, Instagram and so on.* The question is, what value are you deriving with your phone and internet bundles? 🥹🥹🥹 Work for Assets, this can only be achieved from Crypto, don't give up and be consistent! History will continue repeating itself.🏆🤑
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#Educational_Post✨ What Is the Atomicals Protocol? Atomicals is a free, open-source protocol that provides a flexible way of creating digital objects on Bitcoin or any other blockchain that adopts the same UTXO model. Each digital object is called an “Atomical” or “atom” and basically consists of a chain of digital ownership, which follows a set of simple rules. The Atomicals protocol can be used to mint, transfer, and update all sorts of static or dynamic digital objects, including fungible tokens and non-fungible tokens (NFTs). Atoms are created through Bitcoin transactions, and the protocol is compatible with any Bitcoin wallet without the need for separate chains, layer 2 networks, or third-party services. What Is ARC-20? Inspired by the BRC-20 token standard and built with the Atomicals protocol, ARC-20 is an experimental token standard for fungible tokens (colored coins) on the Bitcoin network. Each ARC-20 token is linked to the value of at least one satoshi, the smallest unit of Bitcoin. This means that, by design, the value of each ARC-20 cannot go below 1 satoshi. However, that doesn’t necessarily mean that there will be market demand for such tokens, so it’s important to DYOR before taking risks. It’s worth noting that there are no official ARC-20 tokens. All of them were created by the community and launched independently of the Atomicals Protocol team.
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JUP analysis: Price was rejected from the resistance area and now slowly moving towards the support area. This is no trade zone and better to wait for some time. Support Area: $0.835-$0.895 Resistance Area: $1.14-$1.22
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IMX analysis: The price of IMX is currently oscillating within a range defined by support and resistance levels. At present, the market is in a consolidation phase, indicating a neutral stance for traders. It's advisable to await a confirmation of the price action at the resistance level before considering any trading positions. Support Area: $1.65-$1.80 Resistance Area: $2.45-$2.60
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