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Solana is a promising cryptocurrency and outperforms other cryptocurrencies on the chart. Solana's ecosystem is slowly taking shape, they have NFT, DEFI ... many other cool things.
Although Solana is fast, they use "proof of history" (POH). In my opinion, doing that will cause the size and speed of the Solana blockchain to decrease over time as the POH structure is recursive. And if that happened it would be really bad even though Solana now looks great.
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I have no doubts that the Altcoin season will end soon as the BTC Domain is dropping to 55 right now. It will turn up soon and altcoins will have to drop in price to return capitalization to Bitcoin or they might drop slightly if Cash flow is pumped regularly into Bitcoin. But eventually, the BTC Domain will go up and the altcoin bulls will stop.
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PundiX has been swapped out at a 1000: 1 ratio. The value of PundiX has surpassed $ 5 and has a market cap of over $ 1 billion. If the old tokens were worth $ 1 then Pundix's capitalization would be over $ 1000 billion. It can be said that is utopian for a project related to payment cards.
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Bitcoin is achieving very high decentralization so a zero value prospect is unlikely. I have thought a lot about this issue like the power outage or the internet outage around the world or all the institutions abandoning Bitcoin. Bitcoin has enough experience for every bad news, there are hundreds of value collapses so it can be said that when Bitcoin is dumped, people buy immediately.
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It is possible that due to the increased amount of withdrawals they begin to charge fees. If we compare withdrawals in USDT-ERC20 with other platforms, the difference is huge. ERC 20 has a very high cost so they apply a TRC20 fee of $ 1 for a withdrawal which is still too good because the speed is fast but the cost is cheap. The decoy effect in this case is very obvious.
Binance's increase in withdrawal fees also caused other exchanges to charge 1. Currently, as far as I know, only Kucoin allows free withdrawal of USDT-TRC20.
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NFT has flooded the crypto space. NFT creates value because of its uniqueness, people can create their own works and encrypt them on the blockchain.
The NFT is long before we realize its value. Crypto CAT has created a wave of blockchain games in the past and has slowed the Ethereum network for several days. In the next few years, blockchain games will be the mainstream and attract users. New blockchains are trying to integrate NFT into their blockchain as a trend.
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Regulations will benefit the cryptocurrency. The first is trust and there are more transparent projects. The cash flow will flow into cryptocurrencies on a more frequent basis, which means that the overall market cap will increase continuously.
I want the government not to apply securities laws to cryptocurrencies. The current adoption of cryptocurrencies is quite good.
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Ripple's technology deserves to be the # 1 currency for payments. The burning transaction fee mechanism causes Ripple's supply to decrease over time.
What ripple cannot overcome Bitcoin is the decentralization and community behind Bitcoin.
In the past, many believed that Ripple's growth would replace Bitcoin, but so far it's only Bitcoin that has always been bullish and leading.
Technology doesn't always win the crypto race. The community behind is the most important factor in my opinion.
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ETH is growing very well because of its technical factors. The probable price for ETH is $ 3000. The increase in ETH price also leads to an increase in GAS price, if GAS price rises again at 400-600Gwei then it is truly a disaster for the traders above. Ethereum's AMM (DEX) platform.
I am not sure about 3k just yet, I believe that is definitely possible and the probably outcome but I think that will happen depending on how July gets a response. In July there will be a try for eip 1559 which will try to lower the cost of fee's for ethereum and if it can achieve and actually drop it? That will make ethereum 3k and even more, but if it fails then it will not only can't reach those levels but it will be even worse later on. This is why I believe that July deal will have an impact either way and it is going to be very very important, I can't say that it is going to be easy neither it is going to be tough to get it done but if we can actually do it, that is going to revolutionize ethereum forever. After that we have eth 2.0 as well and it will make things easier there as well, it would give regular people a lot of power over miners too. It's an upgrade, possibly fail or succeed. If they create upgrades and reduce dependency on miners. Ethereum has too many Dapps on it and the requirement is to maintain the necessary decentralization, to expand the blockchain to reduce costs and speed up transactions. The worst-case scenario of the upgrade is a failure. I can't imagine what will happen after that. |
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An impressive number, what did they do to get 46k Bitcoins? Accept bribes or disperse property they have stolen from the state.
If all the countries have politicians, officials who own Bitcoin like that, they really are getting rich quickly. The rich get richer, and most of them are bad people.
Am I thinking of whether Chinese officials are doing the same thing to Ukrainian officials? China is a developed country with a very large economic scale, bribery has happened before in this country and this activity is more sophisticated than ever.
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ETH is growing very well because of its technical factors. The probable price for ETH is $ 3000. The increase in ETH price also leads to an increase in GAS price, if GAS price rises again at 400-600Gwei then it is truly a disaster for the traders above. Ethereum's AMM (DEX) platform.
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The Bitcoin domain is falling and money is flowing into other altcoins. Among cryptocurrencies capable of implementing smart contracts, Ethereum and Binance have risen sharply and only TRON is standing still. TRON's price increase is reasonable and inevitable. I think TRON is being undervalued, what Ethereum can do, TRON has done the same thing.
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Bitcoin has an expanding market, investment institutions, large payment services, and banks that have accepted Bitcoin in their systems. China may have many Bitcoin mining factories and it is also possible that they hold a lot of Bitcoin, but they will not be able to use Bitcoin to hurt the US dollar. In China, they have released the National cryptocurrency test and I have not heard they will use Bitcoin for payment.
The hypothesis that Bitcoin is China's weapon is unlikely to follow the current trend.
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Renewable energy such as wind or solar power cannot create stable reserves. Mining t in Texas is risky because it could be shut down.
The problem of Tesla mining Bitcoin is unlikely because Tesla has a mission to protect the environment.
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Isnt pi network hype already passed away? I remember the era when pi advertise their project everywhere and many people installed them on the phone just like ETN mining in the past.
I remember ETN, mining ETN on mobile devices takes time and consumes mobile space. Each individual can only mine ETN in small quantities, which looks very time-secret and has little value. As for Pi, I noticed that there are systems of Pi mining, it's like multi-level games. Whoever mobilizes more people to join their network gets more coins. I have seen accounts with millions of Pi. So if you do this personally, without the network it won't create much value. I just observed Pi and was not interested in this project. |
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With the rapid growth of Bitcoin and the domain, the market will certainly adjust and bring money from Bitcoin to other cryptocurrencies. Now we can see altcoins gaining attention and rapidly increasing in value. I have faith that the crypto market will soon revive. Through the years of screening, we have seen many TOP 100 altcoins that have forever failed to climb to the original position they conquered. There are more altcoins and most of them are new.
some of the newer altcoins just created hype at the start. many of them will not develop even they will lose the market after a few years. Of course, you see how altcoins can really survive in the market from the 2018 market process to the present. The current momentum I think is the best for us to benefit from. especially for those who have held their assets for years. the current altcoin season I think is the benefit of long patience. Exaggerated altcoins also deliver good returns in the short term. Usually, whales and sharks already own tokens at a good price and there is little supply out of the market. Whales are constantly pushing up the value of new project tokens so new projects will have better and faster price increases. I am not in denial about the price increases of old projects but to increase them, they need to be listed on major exchanges. I see Binance as a place to pump altcoins. Just being listed on Binance is sure the value of that altcoin will be promoted. |
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Providing liquidity for your currency to trade smoothly on Uniswap is also a way to keep the project value. The way UNISWAP works will be against fraudulent projects that are manipulated on centralized exchanges.
All coins require a real volume of buyers. I noticed that there are still transaction BOTs on UNISWAP, which is bad because they pay too high a fee for each of their transactions.
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Mina Protocol and Cere Network would be good.
Mina will be in Coinlist and Cere will be in DAO Maker. You need to hold at least 500 DAO and apply for SHO to buy Cere. For Mina you need to get high place in queue. Both will be hard to buy.
Mina is a promising crypto that I find to be very profitable. Buying Mina will also be easier when you limit the amount allowed to buy at a low level. Cere is one of the hottest projects right now and I firmly believe that it is hard to buy, even the largest groups can hardly buy Cere through a private sale. |
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With the rapid growth of Bitcoin and the domain, the market will certainly adjust and bring money from Bitcoin to other cryptocurrencies. Now we can see altcoins gaining attention and rapidly increasing in value. I have faith that the crypto market will soon revive. Through the years of screening, we have seen many TOP 100 altcoins that have forever failed to climb to the original position they conquered. There are more altcoins and most of them are new.
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Bitcoin's capitalization makes up a large portion of the entire market, and every Bitcoin volatility affects the entire crypto market. The more cryptocurrencies are created the more crypto market capitalization increases. In the past year, DEFI has contributed significantly to the growth of the cryptocurrency market. I think crypto will soon enter real life and replace paper money. If the real world accepts cryptocurrencies even more, then I believe the overall market cap will increase faster.
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