The AI + blockchain gaming sector currency Ulti has successfully built a bottom on the monthly chart. I've seen some bloggers recommending it these past couple of days. I just took a look and also invested a little here. Boss, please help check if there is an opportunity to make some profit.
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Unveiling the Expansion Path of $DOGE : Why Is Everyone Accepting 5 Billion New Coins Each Year?
Dogecoin, this thing has a truly unique issuance mechanism, and it can even be related to GPT!
Did you know? Dogecoin is issued every minute, adding ten thousand at a time; over a year, that amounts to 5 billion new coins. Based on the current price, this can increase Dogecoin's market value by 200 million each year, with an increase of about 3%. Although this increase is not significant, everyone seems to be quite accepting of it. After all, Bitcoin is becoming more and more scarce, whereas Dogecoin is becoming more and more inflated; each has its own way of playing!
Some are curious: Are these 5 billion new coins issued daily or all at once? ChatGPT provided the answer: Dogecoin's issuance is rewarded daily through the blockchain, not issued all at once. Every minute, a new block is generated on the blockchain, containing 10,000 Dogecoins. This adds up to 14.4 million new coins in a day, and over a year, it accumulates to 525.6 million.
This mechanism is designed quite solidly, ensuring that Dogecoin can add 5 billion coins each year. Now let's talk about Dogecoin's current status:
By 2024, Dogecoin's market value has reached approximately 66 billion dollars, with 147 billion Dogecoins in circulation. Market value is calculated by multiplying the current price by the circulating quantity, and this circulating quantity increases every year because Dogecoin has no upper limit, with a fixed annual issuance of 5 billion coins.
Looking ahead to the next decade, Dogecoin's issuance strategy remains unchanged, with 5 billion new coins each year. Over ten years, this will total 50 billion new coins. By 2033, although the proportion of newly added Dogecoins in the total supply will become smaller and the inflation rate will decrease, the rewards for miners will still be sufficient, and the network can remain stable.
The expansion of Dogecoin is actually a characteristic of its design. Unlike Bitcoin, Dogecoin has no upper limit, and it will have a fixed annual issuance of 5 billion new coins. This way, miners have rewards to earn, the network can maintain security, and transactions can proceed smoothly without becoming scarce due to a fixed supply.
Get ahead of potential coins, like + comment, keep up with my rhythm, and earn big in this round of bull market! $DOGE #比特币突破10万? #BTC创历史最大月度涨幅 #XRP与SEC新局面
$1000SATS It's time for me to chat again. Brothers, let's try a small long order. Brothers, enter the long order at the current price of 1000sata and set the stop loss at 0.000277. The target is to be determined. #sats,
One coin broke through 65,000, why is the second coin so much weaker than the first coin today? See the picture: One coin had an inflow of 250 million US dollars yesterday, and the second coin had an outflow of 5.7 million US dollars. Liquidity is mainly concentrated in Bitcoin, and Ethereum needs to find opportunities to catch up later. Regardless of whether the interest rate cut is in September, in short, the interest rate cut is not far away, and the bull market is not far away. #币圈新机遇 #BTC☀ #ETFvsBTC
BTC may fluctuate over the weekend, giving altcoins a chance to continue to perform. Sector rotation will continue. The GAMEFI sector has already had a round of gains, so you can temporarily put aside your attention and focus on the relatively small gains in AI, oracle, RWA and storage sectors.
Especially with Nvidia's financial report about to be released, the AI sector is expected to usher in a wave of market conditions, which should not be missed.
It should be noted that BTC's short-term pullback may lead to a synchronous pullback of altcoins, so look for a suitable entry position during the pullback, seize a short-term opportunity, and remember to stop profit in time
ROSE is currently performing as expected, with the highest increase reaching 12%, and the upward momentum is still continuing. Spot can be considered to buy around 0.065u, and continue to be optimistic about its subsequent performance.
With Bao's speech last night, the interest rate cut is basically a done deal. The price of Bitcoin also rose directly from 61,000 to 65,000, breaking through with large volume. Currently, the small level has begun to fluctuate at a high level. If the small level remains above 62,000, it is very likely to continue to rise after consolidation and accumulation! #币圈新机遇 #BTC☀
The current 4-hour price of STX is 1.676u, and the increase has reached 24%. In this case, you can consider selling a portion of your holdings appropriately to lock in profits.
BTC is once again back to the 200-day moving average level on the 4-hour chart. If the price closes above this level, BTC has the potential to rise to 64000-65000u. If there is resistance at this level, some consolidation is expected#BTC☀
The AI sector has recently started to show unusual movements. Last night we predicted the trends of the BSC and AI sectors, among which the BSC sector performed well today, with a significant increase.
At the same time, the AI sector's ARKM has also begun to show signs of rising, with a current price of 1.19u, which is worth paying attention to. #币圈新机遇 #arkm
Recently, all sectors of the market have generally seen a rebound, and the public chain sector has also begun to show an upward trend. From the daily chart, FTM rebounded at the bottom, and the K line has successfully broken through MA60, showing strong upward space. As the MACD indicator returns to the zero axis, FTM is expected to challenge the pressure level of 0.6u. If the price falls back to around 0.45u or lower in the short term, you can consider buying the bottom in batches#币圈新机遇
The current price of VOXEL is 0.201u, which is suitable for entering long orders. It is recommended to set the stop loss at 0.192u and the initial profit target at 0.24u.
As a new coin launched on Binance Futures, VOXEL has completed the necessary adjustments. At this stage, a new round of rising market may be coming, which is worth paying attention to
The current price of PIXEL is 0.15u, which means that the game sector is undergoing a rotation and explosion. As one of the best overseas game projects, PIXEL has shown signs of bottoming out.
As market sentiment warms up, PIXEL is expected to see a sharp rise and become a highlight in this round of market conditions
TIA has a strong performance with a maximum increase of 10%. The current market sentiment is positive and is expected to continue to rise in the short term.
The key resistance level above is in the 5.8-6u range. Investors should pay attention to the performance of prices in this area and be cautious about the risk of callbacks. If the price falls below the key support level, the strategy needs to be adjusted in time.
As of now: 1515 coins are outflowed from the first cake today, and 10760 coins are outflowed from the second cake today. Go to bed early, and don't place too many real-time orders. I won't repeat the rest, just follow the opening of this morning.
If you want to simplify it a little bit, then: Try to place long orders near 587 and near 618, with a stop loss of 400 US dollars.
For others, Bitcoin, Ethereum, Dogecoin, Sol, Wif, Sats... refer to Bitcoin directly.
1. They can't hold on to the price when it goes up, and they don't stop loss when it goes down.
2. When they make a little profit, they are eager to lock in the money, for fear that the cooked duck will fly away; but when they lose money, they are reluctant to leave, always thinking: "I will leave when I get my money back!" As a result, they often cannot get their money back, and they lose more and more.
3. Once the loss is big, they are so anxious that they think: "I have to make it back quickly!" So they increase their bets, and the result is like falling into a swamp, the more they struggle, the deeper they sink.
Countermeasures:
1. Set the buying and selling points: Before buying, think about when to sell, how much profit you are satisfied with, and how much loss you have to withdraw.
2. Stop loss decisively: When you lose to the set point, don't hesitate, leave immediately, and don't let a small loss turn into a big loss.
3. Take profits in batches: Don't be greedy when you make money, and slowly close the net in several times, so that your mentality is stable and the money you make is also steady.
4. The most important thing is, don’t open orders blindly, and don’t hold orders. Holding orders will only make you unable to survive in this market. Watch more, learn more, and execute more, so that you can survive longer in this market.
Today is the day for Bitcoin and Ethereum options to be delivered, which will have an impact on Bitcoin's trend.
From the technical indicators, Bitcoin (BTC) KDJ has formed a golden cross on the one-hour chart, showing the potential for an increase. However, KDJ on the 4-hour chart is still a dead cross. To turn it into a golden cross, it needs to be strongly pulled up from now on, at least for one to two hours. Today, if the trend is strong, it may hit $60,000 again and then quickly rebound!
BTC is close to the EMA on the 4-hour chart and is currently relatively strong. The inflow of ETF spot funds and the stability of news support this trend.
At the 60500u position, the game between long and short is still fierce. If the volume continues to increase in a smaller time period, the price is expected to rise to around 62000u.
The mentality that people in the currency circle should have: 1. Sowing and harvesting are not in the same season, learn to delay satisfaction. It is difficult to start, especially for ordinary investors who have no connections and resources, the positive feedback cycle will be longer. Don't be eager for quick success or retreat just because you can't make money in the short term. Many times, as long as you persist a little longer, the dawn is ahead. 2. Set a time period for yourself, during which time you just work hard and don't ask for harvest. The bull and bear cycle is four years. Even if you buy from the bottom of the bear market, you have to wait two years or even longer to see a definite return. There will be black swans and various accidents during this period, so be mentally prepared. 3. The market has cycles, and there will be highlights only after you survive the trough. The market is always composed of troughs and highlights. Realizing this, you will understand that the current trough is only temporary, and you can face the ups and downs of the market more calmly. The market will not always be sluggish, and when despair reaches its limit, the reversal is just around the corner#币圈新机遇