EOS is an operating system on the blockchain that runs decentralized applications for businesses. The main focus of the platform is the performance and scalability of smart contracts and transaction throughput. EOS is built to be horizontally scalable, so that in the future it can handle thousands of business applications. #EOSUSDT
After setting the current ATH at $73k in March 2024, demand for long positions in the futures market continues to decline. Additionally, a second attempt to reach above $73k in May saw sentiment briefly turn positive. However, overall sentiment has remained neutral to negative since then.
The recent rally from the $54k region has been a good example of over-leveraged long positions being liquidated near local lows. The funding rate being below the neutral level of 0.01% suggests that there has been no surge in demand for new long positions since the July low was formed. $BTC
A bull trap is a false signal, referring to a downward trend in a stock, index, or other security that reverses after a compelling rally and breakout of a previous support level.
A bull trap is a situation that occurs when an asset whose price continues to decline shows a reversal and upward trend but immediately resumes its downward trend. In a bull trap, the price of an asset surpasses a previous support level, attracting traders and investors who want to play the long term to buy more of the asset.
Bull traps are notoriously deceptive asset indicators, especially for traders who are inexperienced in the world of crypto. In fact, this is one of the reasons why traders should be wary of any sharp trend reversal in an asset's price once it begins to experience a breakout, which is a price movement below a support level.
REVOX is a cutting-edge modular on-chain AI network that revolutionizes decentralized application creation through AI and Large Language Models (LLMs). It provides developers with a variety of APIs and data sources, enabling the development of AI agents tailored to different situations. This intelligent digital ecosystem simplifies the challenges of on-chain AI inference and connects AI with blockchain development. With a strong incentive system, REVOX encourages a collaborative network of agents, promoting innovation and expansion.
Fast transactions, cardano is built to be highly scalable. Currently, it provides 250+ transactions per second Cheap gas fees, the PoS model that Cardano uses is able to offer low transaction fees on its network. The average transaction fee on Cardano is around 0.1 ADA, which is equivalent to a few cents. A higher level of decentralization, the network becomes increasingly decentralized as anyone can become a node validator on Ouroboros. There are approximately more than 1500 validator pools on Cardano. Environmentally friendly, one of the main concerns in the 2021 bull run is the high amount of electricity required by the PoW blockchain. Cardano, with its PoS mechanism, consumes 99% less electricity than blockchains with PoW. Passive income, every Cardano holder has the opportunity to earn passive income by staking their ADA coins. The procedure is as simple as buying ADA tokens and locking them in a wallet like Yoroi.
First, Teng stressed the importance of understanding the basics of crypto. He advises new crypto investors to invest time in learning blockchain technology, cryptocurrencies, and other basic concepts.
"Take the time to learn about blockchain, crypto, and other basics," he says.
Second, Teng highlighted the need for thorough research. "Explore various chains, protocols and projects. The key here is DYOR (Do Your Own Research)," he explained.
By studying various aspects of the crypto market, investors can identify promising opportunities and avoid potential pitfalls.
Lastly, Teng emphasized that investors should try it for themselves. "Start small and use a reputable platform," he added.
"Explore and constantly reassess your strategy," adds Teng.
He explained that this cautious approach allows investors to gain practical experience without having to face significant risks. In a follow-up post, Teng advised investors to avoid the fear of missing out (FOMO).
"Don't FOMO. It's definitely something important!" he emphasized.
Teng further reiterated that his tips are based on his personal experience and are not intended as financial advice. Rather, it is a practical guide aimed at helping individuals navigate the often volatile and unpredictable world of cryptocurrencies. #Binance
Meme coins also usually do not have a burning mechanism that can remove tokens from circulation to prevent excess supply or remove them from circulation permanently, so that their number continues to increase. Because of this, their value per unit is usually very low, therefore with little capital the number of meme coins you can generally get is very large.
The Lido DAO token (LDO) is an ERC-20 token, a native utility token on the Lido protocol used to reward users. The token has a total supply of 1 billion tokens and serves three main functions. $LDO
The price of CASH in 2025 may depend on Bitcoin's performance especially since the token operates on PoW. Many predictions predict BTC will reach $100,000 by 2025. And with CASH outperforming cryptocurrencies, it could go much higher. Therefore, the price of CASH could be $1.22 in 2025.
Hamster Coin is a digital asset that operates on the Binance Smart Chain network. The cryptocurrency is an integral component of the broader Hamster ecosystem, which includes a variety of features including play-to-earn (P2E) games, dedicated wallets, and a marketplace for non-fungible tokens (NFTs). With a circulating supply in the trillions, Hamster Coin is designed to be easy to access and use within its ecosystem for a variety of transactions and rewards. The project behind Hamster Coin aims to create a vibrant community and ecosystem, capitalizing on the popularity and engagement commonly found in meme tokens. It positions itself as a decentralized entity with a focus on community engagement and growth. The team behind Hamster Coin is committed to its development and cultivating a strong and supportive community around it.
Web3 is one of the newest technology systems in the modern world. The concept is to combine a decentralized system, blockchain technology and a token-based economy. One of the uses of Web3 is that it is also used for crypto investment purposes.
Dogecoin , originally created as a joke based on the popular “Doge” meme, has grown into one of the most famous meme coins. With a vibrant community and wide adoption, Dogecoin continues to be a favorite among traders and enthusiasts. Its simplicity and accessibility make it an excellent entry point for those new to cryptocurrency investing.
2. Shiba Inu (SHIB):
Shiba Inu quickly gained popularity for its meme-centric branding and community-based approach.
3. Pepe Coin (PEPE):
PepeCoin , named after the iconic Pepe the Frog meme, has attracted attention for its cheerful branding and active community. With a focus on meme culture and digital collectibles, PEPE aims to create a decentralized marketplace for meme fans.
4. Bonk Coin (BONK):
BonkCoin , tagged with the signature “Bonk” meme, has gained traction for its unique approach to decentralized finance (DeFi). Through decentralized exchange BonkSwap and lending platform BonkFi, BONK offers users a variety of financial services in the meme coin ecosystem.
5. Floki Inu (FLOKI):
Floki Inu , named after Elon Musk's pet dog and inspired by the success of Dogecoin, has gained momentum due to its meme-based marketing and community-focused initiatives. With a growing ecosystem of projects and partnerships, FLOKI aims to establish itself as a leading meme coin in the field of decentralized finance.
Blockchain Expo World is an organization that brings you the target audience and potential customers. You can expand your target audience by using face-to-face marketing tools with your active and potential customers.
BEW 2024 is one of the top blockchain conferences to look forward to in 2024. Through this TOBB-powered exhibition, attendees can discover the latest innovations in the field, and learn more about the industry through workshops, panels, and keynote presentations. In addition to gaining insight from industry leaders, attendees also have the opportunity to showcase their companies and services as exhibitors or sponsors.
The innovative decentralized application uses transparent smart contracts to protect your funds without any custodial control, providing trust, & assurance in the staking estimates of your assets.
Although several audits have been performed on Rocket Pool smart contracts, there is always a possibility that new vulnerabilities will be discovered.
Decentralization is the main principle of blockchain technology. This refers to the distribution of power across the network, meaning that no single entity has complete control over the system. In a decentralized blockchain, each node of the network has a copy of the ledger and can confirm transactions.
The importance of decentralizing blockchain technology is to ensure the security and transparency of the network. Decentralized blockchains are highly resistant to attacks because there is no single point of failure. This technology also ensures transparency as every transaction can be seen by all network users. $LTC #Binance