5 days in to the april and I doubt this changing of logo could still be considered as april joke because it's way past the day of the april joke. I guess elon is either really favour doge so much that he's willing to put it as a logo in his billions dollar platform or he just trying to manipulate the market no one knows for sure but what matters is that, this joke of his, could really influence the meme coin hugely.
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just use some AI to get the key takeaways from the whitepaper and you're set, honestly most of the time, average joe in investing shouldn't really dive into the whitepaper since it's so unnecessary to read such long whitepaper just for the sake of analysis, if your purpose is investing, then reading their tokenomics and their general idea of their project is enough, but regardless if you want to understand these whitepaper anyway, try to understand some technical term beforehand so you will understand what they're trying to say.
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I just read someone's post if Elon promised to change the Twitter logo to doge, if this is true of course in the future there will be a significant price increase in the price of doge.
that actually has already occurred so its not a promise anymore and indeed the value is increasing quite significantly, meme coin is always fueled by shills, it's not utility and real use case that helps them gaining new all time high but shills and it seems shilling that comes from famous figure like elon really being valued so highly by the meme coin community.
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despite all the rumour and the fact that USDC as stablecoin are having fud when it lost some of its value, it could regain back easily, stablecoin that have real reserve doesn't lie if the value decrease someone could just make some profit off the margin because they know it's truly backed by real money, so therefore I think stablecoin in general are still safe.
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even though it might cause uproar it seems elon shill for doge has fading in influence, the value might be increasing but honestly it's just a fraction unlike it was back in the past where the price could literally jump really high but it seems it just slight increase and everyone call it a day, even worst, the price aren't holding pretty well, I guess meme coins are really trend of the past right now.
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honestly i'd say these cex are the one that contributes to giving education towards many of the newer users, they are willing to spend money in educating at how investments work etc, in which I think is the reason we could get this far, therefore crypto world without centralized exchange would be drastically different than it is nowadays.
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the volume and market capitalization definitely aren't gonna be this big, these cexes always give convenience for those that just want to invest, like majority of people, we just wanna invest and thats it, these cexes are already good enough for that, meanwhile with dexes you could see their are lacking the volume, there's reason many thinks cexes better but I guess everyone have their own preference.
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everyone wants money, that's why someone are gonna have some ulterior motives behind the curtain mainly because they also want to make money. influencers are just the same, there's reason they are spending their hours creating content that's because they want to make money out of it, if you think these influencers cares about you, maybe you should rethink.
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it seems doge really need constant shilling for it to have meaningful increase, honestly it's just funny how after hundredth times of doge shilling attempts some famous figure influence aren't fading, i'd expected such shill to be useless after so many similar attempts and it seems i was mistaken.
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Altcoin season generally accompanied with the fact that bitcoin has rally, just because bitcoin stabilises doesn't mean altcoin season will arrives, the truth is, even bearish bitcoin could stabilise, but usually altcoin gonna get massive rally just when bitcoin is having some increase and shows rather bullish movement, but I do think that altcoin season is near, nowadays many coin are gaining quite good increase, that I think it already implicates that there gonna be some altcoin season incoming, more specifically coming from the layer 2.
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this is the reason diversifying could be somewhat futile attempt if not done right because whats the point of diversification if all the coin follow one trend in unity. but good altcoin will definitely try to hold its value despite the fact that bitcoin is falling and increase when there's altcoin seasons. after all the natural law of altcoin in general is always following bitcoin.
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I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
Altcoin price strongly depends on the acceptability of Bitcoin, the stronger BTC gets the closer we are to the next altcoins season. I expect that we will be in the next altcoins season when BTC breaks it's previous all-time high. that's true generally, but considering lately there have been many L2 coins that has risen really high, then I think some might not really dependant on the existence of bitcoin since they are just good enough in term of their own quality, take example optimism, arbitrum and there are many that's going to come, they could be rising while bitcoin just stuck but if bitcoin also have some rally, then it will be massive altcoin season.
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Currently, only Arbitrum and Arbitrum are everywhere in the crypto space. Arbitrum's token price is also increasing day by day. Now Arbitrum is in very beginning status. So I think now is a very good time to invest in ARB token. Huge profit can be obtained from this token when bullrun starts in crypto market. So there is no doubt that ARB is a rising star.
there are still many hesitation of accumulating arbitrum, if you happen to now get the airdrop, accumulating could be a way in gaining good profit but honestly there's still many airdrops left unclaimed that I think there might be other wave of correction which is kinda bad for someone that's gonna accumulate.
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you know it's just bullshit, their purpose of spreading such absurd information is also for it to become self fulfilling prophecy in which they are gonna be profitting massively out of it. anyone that thinks these are real prophecy should rethink twice because really it isn't, otherwise whats the point of spreading such important information if they could just hoard it for them selves.
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if one bank collapsing doesn't mean the rest will do the same, there's reason why these banks are collapsing one of them are really bad decision making in which causes them to lose money. if you are willing to properly learn about what's happening these banks are losing money because they've got high risk lending programs in which many of them are collapsing, so it is still safe keeping money in bank and your money aren't gonna vanish out of nowhere.
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realistic in judging the current circumstance of their investment is essential, it's the way that you gonna make wisest decision ever unless some that are overly optimistic even pessimistic, that way you're already having good mentality. being realistic didn't only help in investing but in business being realistic is really essential, you're trying to make money so being too emotional might make you fail instead.
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such good opportunities for getting the airdrops, even though the news regarding it was still rumour but considering the fact that same platform all have held some airdrop it's almost obvious that they'd do the same. airdrops are really effective ways of advertising when it comes to L2 considering the fact that they'd needed that to strive further.
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it is indeed quite good project, the airdrop was massive and the project itself is high quality, but there gonna be more and more competition in layer 2. zksync is waiting to be released, heck even polygon now implements the same technology. I guess it's still too early to decide even when its competition isn't even out yet.
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airdrops still a year away, so no need rushing in, currently the fee of ethereum didn't make sense again, you're more likely just wasting time if you try interacting with this l2.
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It doesn't matter to me unless the project has been out for years and the circulating supply is not increasing, this is when to be very suspicious about the project, a new project will have a small circulating supply at first, and as time goes by the circulating supply will increase.
such thing usually already being shown in tokenomics, when the vested unlocked, how much circulating supplies will increase, could also be used to judge whether a project is having abnormal allocation, but the most important thing is that the project has quality.
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