There's no crypto without Telegram. I made a lot of money freelancing on telegram. Telegram has made lots of people rich. If you're in the crypto industry today. Make sure you lend your voice and get Durov free #FREEDUROV #FreePavel
$BB & $LISTA — FUDders are everywhere, they don't believe in the project and always bring up Chinese, Russian, or other issues. If you check their profiles, you'll see all their posts are about shorting and spreading FUD. Ignore them and let them have their fun. Rest assured, these projects are backed by the world's #1 crypto exchange, #Binance , and they won't fail. #HOLD #Megadrop #LISTA #BounceBit
BounceBit (BB) has shown notable activity in the cryptocurrency market recently. As of early June 2024, BB is trading at approximately $0.583 across several major exchanges, including Binance, KuCoin, and WazirX [oai_citation:1,BounceBit Price: BB Live Price Chart, Market Cap & News Today | Announcements Archives -
The token has seen steady trading volumes, reflecting healthy investor interest. On WazirX, BB/USDT trading was officially listed in mid-May 2024, which has contributed to its visibility and accessibility to a broader audience Additionally, Bitget has been promoting BB through various events and giveaways, enhancing its market engagement and encouraging new user participation [oai_citation:4,Bitget Will List BounceBit (BB). Come and grab a share of $40,000 Worth of BB!
Overall, the current situation for BB/USDT indicates a stable market presence with ongoing promotions and exchange listings supporting its growth. This stability in pricing and trading volume suggests a positive outlook for the token in the near future.$BB
### The Current Crypto Market Situation: June 2024 Overview
#### Market Overview
As of June 2024, the cryptocurrency market stands around $1.8 trillion in total market capitalization. This reflects a mix of resilience and volatility. Key factors include regulatory developments, macroeconomic influences, and technological progress.
#### Bitcoin Dominance and Performance
Bitcoin (BTC) remains the leading cryptocurrency with approximately 47% market dominance. Trading between $28,000 and $30,000, Bitcoin's stability is bolstered by institutional interest and anticipation of the 2024 halving event.
#### Ethereum and the Altcoin Market
**Ethereum (ETH)** remains crucial, holding about 20% of the market cap. Its transition to Ethereum 2.0 has enhanced scalability and energy efficiency, keeping ETH around $1,800. **Altcoins** show varied performance: - **DeFi Tokens** like Uniswap (UNI) and Aave (AAVE) are gaining traction as the DeFi sector grows. - **Layer 2 Solutions** such as Polygon (MATIC) are popular for improving Ethereum transaction efficiency. - **Privacy Coins** like Monero (XMR) retain a loyal user base despite regulatory scrutiny.
#### Emerging Trends
- **NFTs and Metaverse**: Platforms like Decentraland (MANA) continue developing virtual worlds, attracting users and brands. - **Regulatory Environment**: The SEC and the EU’s MiCA regulation are creating clearer guidelines for digital assets. - **CBDCs**: Central banks, led by China’s digital yuan, are exploring Central Bank Digital Currencies.
#### Market Challenges
- **Volatility**: High volatility remains a major deterrent for new investors. - **Security Risks**: Cybersecurity is critical, highlighted by recent DeFi platform hacks. - **Environmental Impact**: Bitcoin's energy consumption remains controversial despite efforts to use renewable energy.
Vitalik Buterin - The Most Influential Figure In Crypto
Vitalik Buterin - the most influential figure in crypto. Knowing his vision = foreseeing market moves. I spent 14 hours reading his recent articles and watching his interviews so you don't have to. Here's his vision and current market takes 👇🧵
Before I begin, I have a favor to ask... I spent a lot of time writing this thread, trying to make it genuinely useful for you, so if it's not too much trouble, please SAVE it, REPOST, leave a comment, or simply hit like 🤍 ➮ Quick Overview: ✧ Vitalik created $ETH at 19 ✧ His Net Worth now is $1B+ which makes him the youngest crypto billionaire according to Forbes ✧ He received WTN award in 2014 surpassing Mark Zuckerberg ✧ He's one of the most influential people in crypto ➮ His views 👇 1/➮ What Is Money ✧ Money is like a game where points can be transferred, serving as a way to store wealth, exchange value, and designate future payments ✧ It's also can be a symbol of power and social status for some people, essentially acting as a societal scoreboard 2/➮ Why Are There Thousands of Crypto ✧ I think the diversity is good, but the blockchain space is cluttered with too many similar platforms ✧ The focus should shift from quantity to quality, prioritizing meaningful and successful projects over mere quantity. 3/➮ The Future Of Crypto ✧ Some fiat currencies will remain strong and gradually become digitized. ✧ Crypto will play a vital role as an alternative if fiat currencies falter. ✧ For crypto to serve as a main form of value effectively, it needs significantly more price stability. ✧ While stables and other newer crypto aim for greater stability than BTC and ETH, achieving this remains a major challenge. 4/➮ Ethereum roadmap update ✧ The ETH roadmap has become more stable recently. ✧ Key developments include addressing staking centralization and redesigning the staking system to improve decentralization and efficiency. ✧ This involves necessary trade-offs to enhance performance. ✧ Progress continues in data availability, vertical trials, and sorting of the EVM, along with ongoing improvements to the EVM itself. ✧ There's no new functionality, but efforts remain focused on enhancing the existing system. 5/➮ Dencun upgrade ✧ EIP 4844 is a crucial step toward full denc sharding, which could increase data capacity to 16 megabytes per slot or more. ✧ Post-EIP 4844, transitioning to full denc sharding mainly involves parameter adjustments, such as modifying the maximum number of blobs. ✧ Future upgrades could potentially implement a voting system, eliminating the need for further hard forks. ✧ The changes required for full denc sharding don't affect ETH's consensus or execution but are limited to specific settings that manage data availability 6/➮ Ethereum Security ✧ For ETH L1, the primary security upgrade is enhancing the proof of stake to improve its decentralization ✧ For L2, the focus is on hardening the zk VMs to eliminate serious bugs ✧ On the user side, security involves keeping coins safe within wallets and during interactions with apps ✧ These aren't protocol changes but require wallets that proactively respond to various threats. 7/➮ L2 fragmentation ✧ L2 in ETH is designed to foster independent experimentation, such as creating a Solana rollup or using Fuel for parallelization without an EVM. ✧ However, there's also a pressing need for standardization and basic interoperability to ensure wallet functionality and token authenticity. ✧ Standardization in blockchain needs to be broader than just supporting private and public keys, yet more flexible than mandating an EVM for all platforms. 8/➮ Future of Ethereum ✧ ETH transitioned from proof of work and are advancing scalability with zk VMs and methods like Dank Sharding and plasma, ensuring ETH can handle user demand. ✧ Privacy solutions are evolving, enhancing user confidentiality without government oversight. ✧ Account abstraction is also gaining traction, improving wallet security. ✧ Additionally, decentralized social media is taking off, and "Sign in with ETH" is expanding, signifying a robust ecosystem. ➮ Liked this Article? I write educational content daily, so don't forget to: ✧ Follow me @Crypto PM
#altcoins This is all you need to know to maximise your profits and exit the market at the right time. $BTC “The most important market update” Read very carefully: Previously i have given generational wealth entry in January of this year for the whole #crypto market and it went massive. We saw multiple 10-150x pumps and made good money. Now everything went down. Whats next? We will get one more Agressive Alts rally in the coming weeks as the Total2 market is sitting on HTF support , forming an inverse H&S on weekly, double bottom on daily, & is repeating what it did in previous bullmarket. Every Red circle (first photo) is the first Altcoins rally, after that the whole market retraces to reach the Yellow circle, which is the second wave! In this bullmarket we are still missing the second wave which should start in the upcoming weeks and last till end of this year. When we are at the top highlighted area of resistance which is at 1.5-1.7 trillion $. This is where i intend to exit all markets. This is the only blue print you need to make money and i spent hours and days on this analysis so i would appreciate any likes & RTs on this post 🌸