A little calm in the storm Remember that we are in the time of airdrops or in English AirDrops
What are airdrops?
Cryptocurrency and token airdrops, known as “airdrops,” are free distributions of cryptocurrencies or tokens to multiple wallets. Typically, they are done to promote a new coin or project, reward loyal followers, or increase adoption and awareness of the project. Recipients generally need to meet certain criteria, such as owning a specific cryptocurrency or taking some promotional action.
Even crypto money must circulate. It comes and goes
Bitcoin: First cryptocurrency created in 2009, with the largest market capitalization. Altcoins: All other cryptocurrencies other than Bitcoin, such as Ethereum, Ripple, and Litecoin. Technology and Functionality:
Bitcoin: Uses Proof of Work (PoW) and is designed as an electronic cash system. Altcoins: They can use other algorithms such as Proof of Stake (PoS) and offer additional functionality, such as smart contracts. Purpose and Use:
Bitcoin: Reserve of value and medium of exchange (digital gold). Altcoins: Various additional uses, such as smart contracts (Ethereum) or privacy (Monero). Development and Community:
Bitcoin: Established and conservative community. Altcoins: More experimental communities and quicker to introduce new features. Volatility and Risk:
Bitcoin: More stable and less risky compared to altcoins. Altcoins: More volatile and risky. Adoption and Regulation:
Bitcoin: Greater adoption and regulation. Altcoins: They vary in adoption and regulation. This summary highlights the main differences in origin, technology, use, development, stability, and regulation between Bitcoin and altcoins.
Notcoin (NOT) is a community cryptocurrency designed to introduce users to the Web3 ecosystem through a “tap-to-earn” game. Its objective is to encourage the adoption of decentralized technologies through playful incentives.
The token has had significant fluctuations in its value. It reached its highest price of $0.01211 recently and has a significant daily trading volume, although it has shown a decline in market activity in recent days (CoinGecko). Notcoin is primarily traded on centralized exchanges such as Binance, OKX, and TokoCrypto (CoinGecko).
For more details on acquiring and trading Notcoin, you can visit platforms such as CoinGecko and CoinMarketCap.
What would happen if more people scanned their irises with #wld orbs? $WLD
If more people scan their irises with Worldcoin (WLD), there could be several consequences:
Greater Adoption and Use: Would increase the number of users with a World ID, making it easier to verify online identity and differentiating humans from bots.
Token Value: With more users, demand for the WLD token could increase, potentially raising its value.
Security and Privacy: Despite privacy guarantees, the increase in biometric data collection could raise concerns about the security and use of this information.
Universal Basic Income (UBI): With more users, the concept of using Worldcoin for a universal basic income could become more viable.
However, the success of these effects will depend on public acceptance and government regulation.
Despite rumors about Sam Altman leaving Worldcoin, he remains linked to the project. Sam Altman, co-founder of OpenAI, has played a crucial role in the creation and development of Worldcoin. Although his involvement in the day-to-day running of the project has decreased, he remains an influential figure in its evolution (CoinDesk) (For every human).
Recently, Worldcoin has continued its initiatives and expansions, launching new products and increasing its adoption globally. Altman and his team's vision remains focused on creating a globally inclusive digital and financial identity network, despite the regulatory and technical challenges they face (For every human).
Therefore, although Sam Altman is not as involved in the day-to-day operations, he is still an essential part of the project and its long-term vision for Worldcoin. #wld #Bitcoin! $BTC $WLD
Tron (TRX) is a cryptocurrency and decentralized blockchain platform that aims to build a global digital entertainment system. Founded by Justin Sun in 2017, Tron seeks to decentralize the web by allowing users to freely publish, store and own data, without relying on intermediaries. One of the main features of Tron is its ability to support a large number of transactions per second, making it suitable for high-demand applications such as online games and multimedia content. It uses a Proof-of-Stake (PoS) consensus algorithm called Delegated Proof of Stake (DPoS), which allows TRX holders to vote for representatives who validate transactions on the network. Tron has also partnered with a number of companies and projects in the blockchain and digital entertainment space. In 2018, it acquired BitTorrent, a popular peer-to-peer file-sharing protocol, with the goal of integrating decentralized technologies into its platform. Tron's native cryptocurrency, TRX, is used to pay for services and content on the Tron network, as well as to incentivize content creators through rewards. Additionally, Tron allows the creation of custom tokens on its blockchain, allowing developers to launch their own cryptocurrencies and decentralized applications (dApps) on the network. Tron has seen rapid growth since its launch, attracting a large community of fans and developers. However, it has also faced criticism and controversy, especially regarding its aggressive marketing and allegations of centralization. In short, Tron (TRX) is a blockchain and cryptocurrency platform that seeks to decentralize digital entertainment and allow users to control their own data. With features such as high scalability
Strong Communities: Meme coins typically have communities of dedicated followers who promote the coin on platforms like Reddit, Twitter, and TikTok. These communities can mobilize quickly to increase interest and value of the currency, although they can also fade quickly.
Lack of practical utility: Unlike other cryptocurrencies that may offer innovative technologies or practical solutions, meme coins rarely have a clear purpose beyond being a joke or a viral phenomenon.
Risks and Criticisms Despite their popularity, meme coins face significant criticism. The lack of solid fundamentals makes them extremely risky as an investment. Prices can be artificially inflated due to hype and crash just as abruptly, leaving many investors with large losses. Additionally, the speculative nature of these currencies makes them easy targets for fraud and scams.
Notable Examples In addition to Dogecoin and Shiba Inu Coin, other meme coins such as SafeMoon and CumRocket have emerged. Each one with its own history and reasons for virality, although few manage to stay relevant in the long term.
Conclusion In short, meme coins are a phenomenon in the world of cryptocurrencies that exemplifies the influence of internet culture and social media on modern financial markets. While they can offer quick profits, they also pose high risk due to their volatility and lack of solid fundamentals. Investors should be cautious and aware of the risks before investing in these cryptocurrencies.
Short summary. If you are new to this, it is good to read this type of information.
"Meme coins" are cryptocurrencies that are born from memes or internet jokes, and are usually based more on cultural and social phenomena than on solid economic fundamentals. These coins often attract attention from the online community and sometimes the media, which can lead to rapid fluctuations in their value. Below we detail what meme coins are and how they work.
Origin and Characteristics Meme coins emerged as a peculiar part of the cryptocurrency ecosystem. An early and well-known example is Dogecoin, created in 2013 as a parody of Bitcoin. Its logo is based on the Shiba Inu dog meme. The original idea behind Dogecoin was simply to make a joke about the rise of cryptocurrencies. However, the community enthusiastically adopted the currency, using it for purposes such as fundraising for charity and sponsoring sporting events.
Meme coins share several characteristics:
Inspiration from memes or viral events: Their creation is usually linked to a popular meme or internet event. For example, Shiba Inu Coin was directly inspired by Dogecoin and the popularity of the Shiba Inu dog.
High level of volatility: Due to the speculative and often ironic nature of these currencies, their prices can experience large fluctuations in short periods. This is partly because its value is more influenced by sentiment and popularity on social media than by traditional economic factors.
Prior to the exact day of the bitcoin halving, its market capitalization reached 3Q and reached a historical maximum of 72K Today, one month from the exact day of the halving, bitcoin is worth 69k with a market capitalization of 1.5T
If you do the math we could verify the cliché saying of our crypto era. “It is always good to invest in #bitcoin
What is halving?
The Bitcoin halving is a scheduled event that occurs approximately every four years, in which the reward that miners receive for validating new transactions on the blockchain is reduced by half. This mechanism is designed to control the issuance of new bitcoins and maintain a finite supply.
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All of us here should know about BITCOIN ETFs What is it about ?
A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin and is traded on traditional markets. It allows investors to gain exposure to Bitcoin without needing to own the cryptocurrency directly. The ETF buys and holds Bitcoin or Bitcoin futures contracts, reflecting their value. It offers a regulated and accessible way to invest in Bitcoin, with the security and simplicity of conventional financial markets. Thus, investors can diversify their portfolios with cryptocurrencies more easily.
I would like to share with new Binance users and those new to cryptocurrencies this brief summary of what the Block chain to become more familiar with this world of stock investments.
Blockchain is a distributed ledger technology that ensures the security and transparency of transactions using cryptography. It works as a digital ledger, where each block of data is linked and secured, allowing decentralized operations without intermediaries.
I made a risky move by studying the market a little but not focused on profits or money. Only in what the project promises. This was the result About 200 dollars in favor. #ETFvsBTC
Look at my portfolio a month and a half ago I had $550 dollars, post halving it went down to $350 and a Little less. I have maintained calm and tranquility, if I get desperate and sell I will lose money and time... I must be calm, serene, and stay on my feet. Don't sell at a loss, wait for the rise to come.