I hope no one suffered too much loss. To tell you the truth, I am an investor, so I am one of those who wait for the long term. The decline affected me, but I think there are more buying opportunities. #btc #btc #Polygon #web3 #DEX
Bitcoin (BTC) prices have undergone remarkable fluctuations in recent years:
#BTC、 #btc #btc #web3 $BTC 2015: Bitcoin saw a modest rise, reaching $280. This marked the beginning of its journey into the mainstream 2016: The price surged to $670, indicating growing interest and investment in the cryptocurrency. 2017: Bitcoin's price skyrocketed to $2,590, capturing global attention and sparking a frenzy of investment. 2018: The price climbed even higher, peaking at $6,390, but the year also marked the beginning of a significant correction. 2019: Bitcoin reached a peak of $7,790, but market volatility remained a defining feature. 2020: Despite global economic uncertainty, Bitcoin hit $8,720, highlighting its perceived role as a hedge against traditional financial assets. 2021: Bitcoin experienced a massive surge, reaching an all-time high of $49,690, driven by increased institutional adoption and mainstream acceptance. 2022: The price saw a slight decline, dropping to $38,520, amidst regulatory concerns and market corrections. 2023: Bitcoin's price fell further to $27,270, reflecting ongoing market volatility and regulatory pressures. 2024: However, the price surged once again, reaching $69,350, suggesting continued investor confidence and resilience in the face of challenges.
It is highly unlikely that Shiba Inu (SHIB) will reach $1 per coin. Here's why:
There are currently over 549 trillion SHIB in circulation, according to CoinMarketCap. https://coinmarketcap.com/currencies/shiba-inu/ If each SHIB were worth $1, the total market capitalization of Shiba Inu would be more than all the money in the world. This is not a feasible scenario.
The price of a single SHIB would need to increase by thousands of times to reach $1. This kind of dramatic price increase is highly unlikely for any established cryptocurrency, let alone one with such a large circulating supply.
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Based on the past three halving events, the bull runs began: 48 days after the halving in 2012. 259 days after the halving in 2016. 149 days after the halving in 2020. With the upcoming halving in 2024
scheduled for April 19th, it's essential to prepare yourself by conducting thorough research before making any investment decisions.
"Based on a relative analysis, I am examining the relationship between Bitcoin's past halvings and bull runs. By considering the data in your table, we can calculate an average time for a bull run to start after each halving. According to this data, we can expect a similar period after the 2024 halving. Therefore, there is a probability of a bull run starting approximately 150 days after the halving on April 19th. However, past performance is not a guarantee of future results, so investments should be made considering the risks and potential returns. Conducting your own research to make informed investment decisions is important."
It's understandable that many people who invested in Bitcoin are feeling the impact of the recent decreases. While fluctuations in Bitcoin's value may not bother you personally, for those who entered the market as investors, experiencing a decline can be disappointing. It's important to remember that investing in any asset carries risks, and market downturns are a natural part of the investment cycle. So, if you're new to the market and feeling disheartened by the recent drops, know that it's a common experience for investors, and staying informed and patient is key to navigating through these fluctuations.
What is the reason for the sudden decrease in the price of Bitcoin? Here is the biggest suspect Among the 100 largest Altcoins, the most valuable subcoins in the last 1 hour were listed as follows:
Here's the translation: $ARB: $900,000 in purchases made $JUP: $430,000 in purchases made $LINK: $700,000 in purchases made$CKB: $900,000 in purchases made $TIA: $600,000 in purchases made# 1INCH: $600,000 in purchases made $SHIB: $900,000 in purchases made$RNDR: $430,000 in purchases made $CHZ: $560,000 in purchases made$FTM: $700,000 in purchases made $MKR: $222,000 in purchases made $MANTA: $229,000 in purchases made
Staying composed amidst the market's ebbs and flows and focusing on long-term objectives present numerous opportunities in the investment realm. In a bullish market, downturns often morph into buying opportunities, with each 20% drop signaling a potential upswing. However, substantial rewards typically entail significant risks; hence, being able to tolerate volatility is crucial. Rather than succumbing to panic in times of cash scarcity, gaining experience and gradually making purchases may prove to be a healthier approach. Assets like Bitcoin, resilient and battle-tested over time, demonstrate that cryptocurrencies will persist as a significant alternative to the traditional financial system.
Charles Hoskinson recently shared his personal views on the current market sentiment and situation, suggesting that it's not clear which are the best crypto projects to invest in for better returns. Hoskinson is primarily known as the founder of Cardano (ADA), a popular Proof-of-Stake (PoS) crypto network that focuses on promoting the commercial adoption of blockchain technology. Before the Cardano project, Hoskinson was a co-founder at Ethereum (ETH) blockchain project, but he left the project following disagreements with Ethereum's core co-founder Vitalik Buterin about the future direction of the Ethereum blockchain. On April 10, 2024, Charles Hoskinson used his personal Twitter account to share his thoughts on the current crypto bull run with his followers. Hoskinson mentioned that he doesn't know what others think, but he personally feels that the current bull run doesn't provide a clear indication of which crypto projects are the best to invest in for significant returns, particularly those that will pump with Bitcoin. According to Hoskinson, the innovative sector is currently quite selective in choosing better projects. In essence, Hoskinson believes that the 2024 crypto bull run is quite different from the 2021 bull run, and in this scenario, one cannot blindly invest in any flagship crypto asset. Some crypto Twitter users shared their views in response to Hoskinson's tweet, stating that the majority of crypto investors are now big bulls, with small traders already gaining substantial knowledge from the 2021 bull run. Most small crypto traders had already accumulated Bitcoin and other crypto assets at low commercial prices before mid-2023. Today, the majority of buyers are large institutions. This Crypto Twitter user also drew attention to meme tokens backed by the Solana network, which have gained significant popularity in recent months. Small crypto traders are not hesitant to invest small amounts in meme tokens. It's worth noting that the last bull run was not associated with any Bitcoin halving event, and there were also no major buyers in the market
April 12, 2024 18:36 (UTC). According to Binance Market Data, Ethereum dropped below 3,200 USDT and is currently trading at 3,153.459961 USDT, down 9.99% in 24 hours, No need to worry, the buying opportunity is coming #ETH
On Apr 12, 2024, 17:28 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 68,500 USDT and is now trading at 67,866.289063 USDT, with a 3.63% decrease in 24 hours. source binance
#Binance Coins Poised for Popularity During Halving && Bitcoin (BTC): Bitcoin, the pioneer of cryptocurrencies, is synonymous with halving events. Occurring every four years, halving reduces Bitcoin's supply, often leading to price surges. Litecoin (LTC): Often dubbed as "silver to Bitcoin's gold," Litecoin closely follows Bitcoin's halving schedule. With similar features and scarcity dynamics, Litecoin historically experiences price rallies post-halving. Ethereum (ETH): As the second-largest cryptocurrency, Ethereum's upcoming transition to Ethereum 2.0 may impact its value post-halving. Ethereum's role as a platform for decentralized applications adds to its potential popularity. Cardano (ADA): Positioned as a platform for smart contracts and decentralized applications, Cardano's growing ecosystem and developmental progress make it a candidate for post-halving popularity. Polkadot (DOT): Designed to facilitate interoperability between blockchains, Polkadot's innovative features and expanding ecosystem contribute to its potential popularity during halving events. While these coins hold promise for gaining popularity during halving events, investors must conduct thorough research and exercise caution due to the unpredictable nature of price movements during such events.
As the eagerly anticipated Bitcoin halving event approaches, crypto investors and enthusiasts are eagerly seeking opportunities to maximize their potential gains. While Bitcoin continues to reign as the undisputed king of cryptocurrencies, there are other cryptocurrencies that have the potential to deliver significant returns during this critical period. In this article, we'll examine three cryptocurrencies that you should consider adding to your portfolio before the Bitcoin halving: Bitcoin (BTC), Solana (SOL), and Shiba Inu (SHIB). Bitcoin (BTC) Bitcoin is a must-have asset for every investor during the halving period. As the pioneer of blockchain technology, Bitcoin has established itself as a store of value and a hedge against traditional financial systems. Currently priced at $69,883.44, Bitcoin has experienced a 2.14% decrease in the last 24 hours. With an impressive market capitalization of $1,374,456,029,885, Bitcoin solidifies its position as the largest cryptocurrency by market value. BTC's 24-hour trading volume stands at $35,096,718,820, indicating strong liquidity and market interest. As the halving event approaches, Bitcoin is expected to experience increased demand and potentially significant price increases. Historical data shows that Bitcoin tends to rally in the months leading up to and following halving events, making it a crucial asset to hold in your portfolio Solana (SOL) Solana is a high-performance blockchain platform designed to scale according to the demands of decentralized applications (dApps) and decentralized finance (DeFi). It has emerged as a strong competitor in the crypto space. Currently trading at $187.10, SOL has experienced a 4.64% decrease in the last 24 hours. With a market capitalization of $83,135,807,821, Solana ranks as the 5th largest cryptocurrency. SOL's 24-hour trading volume is $3,327,496,343, indicating significant market activity and interest in the platform.As the crypto market prepares for the Bitcoin halving, Solana's unique features and increasing adoption make it a promising investment opportunity #btc #sol
As the eagerly anticipated Bitcoin halving event approaches, crypto investors and enthusiasts are eagerly seeking opportunities to maximize their potential gains. While Bitcoin continues to reign as the undisputed king of cryptocurrencies, there are other cryptocurrencies that have the potential to deliver significant returns during this critical period. In this article, we'll examine three cryptocurrencies that you should consider adding to your portfolio before the Bitcoin halving: Bitcoin (BTC), Solana (SOL), and Shiba Inu (SHIB). Bitcoin (BTC) Bitcoin is a must-have asset for every investor during the halving period. As the pioneer of blockchain technology, Bitcoin has established itself as a store of value and a hedge against traditional financial systems. Currently priced at $69,883.44, Bitcoin has experienced a 2.14% decrease in the last 24 hours. With an impressive market capitalization of $1,374,456,029,885, Bitcoin solidifies its position as the largest cryptocurrency by market value. BTC's 24-hour trading volume stands at $35,096,718,820, indicating strong liquidity and market interest. As the halving event approaches, Bitcoin is expected to experience increased demand and potentially significant price increases. Historical data shows that Bitcoin tends to rally in the months leading up to and following halving events, making it a crucial asset to hold in your portfolio. Solana (SOL) Solana is a high-performance blockchain platform designed to scale according to the demands of decentralized applications (dApps) and decentralized finance (DeFi). It has emerged as a strong competitor in the crypto space. Currently trading at $187.10, SOL has experienced a 4.64% decrease in the last 24 hours. With a market capitalization of $83,135,807,821, Solana ranks as the 5th largest cryptocurrency. SOL's 24-hour trading volume is $3,327,496,343, indicating significant market activity and interest in the platform. As the crypto market prepares for the Bitcoin halving, Solana's unique features and increasing adoption make it a promising investment opportunity.
What is Bitcoin Halving? Bitcoin halving is an event where the block reward for mining Bitcoin is cut in half. This means that new Bitcoins will be created at a slower rate on the Bitcoin network. The halving event is coded into Bitcoin's protocol and occurs roughly every 4 years.
When Was the Last Halving? The last Bitcoin halving event happened on May 11th, 2020. Back then, the block reward dropped from 12.5 BTC to 6.25 BTC.
When is the Next Halving? The next Bitcoin halving is expected to occur on May 22nd, 2024. This date will coincide with the mining of the 840,000th block on the Bitcoin network.
How Does Halving Affect Price? Halving can put upward pressure on the price of Bitcoin by reducing its supply. This could potentially make Bitcoin more valuable. However, it's difficult to definitively predict how the price will react.
What Happened During Past Halvings? Historically, Bitcoin's price has often risen following halving events. For example...
MicroStrategy Doubles Down on Bitcoin: Purchases Additional 12,000 BTC! Reinforcing its belief in Bitcoin, MicroStrategy has scooped up another 12,000 BTC, bringing its total holdings to 95,064. Corporate software giant MicroStrategy continues to demonstrate its unwavering faith in Bitcoin. On March 11th, 2024, the company announced the purchase of 12,000 Bitcoin for a total of $821.7 million. This acquisition propels MicroStrategy's total Bitcoin holdings to a staggering 95,064.
Bitcoin Halving is Approaching: The "halving" event, in which Bitcoin's reward will be halved, will take place on May 22. This can put upward pressure on the price by reducing supply. https://cryptoinfinityai.com