The original post: /r/cryptocurrency by /u/CriticalCobraz on 2024-12-07 23:28:35.

The original post: /r/cryptocurrency by /u/goldyluckinblokchain on 2024-12-07 22:54:12.

The original post: /r/cryptocurrency by /u/partymsl on 2024-12-07 22:52:00.

The original post: /r/cryptocurrency by /u/MericanInBKK on 2024-12-07 22:35:30.

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Alright, r/CryptoCurrency fam, let’s talk about Moons. No, not the ones in the sky. The ones we’ve been earning, tipping, and memeing about here on this subreddit. If you’re not paying attention to Moons right now, you might be missing out on what could become the next big thing. Let me break it down (with a sprinkle of humor and a dash of seriousness).

🚀 Why Moons Might Actually Be Worth Buying

1. Fixed Supply, Growing Demand

Moons are capped at 250 million total supply, but here’s the kicker—no new Moons are being minted anymore. That’s right, this is a deflationary asset. Add to that the fact that Moons are burned with every transaction, and you’ve got a recipe for scarcity. Think of it like Pokémon cards but with less cardboard and more crypto nerds.

1. The Great Decentralization Move

Reddit said, “Moons, you’re free now, go live your best decentralized life,” and Moons left the Vault system for the wild, wild Web3. This means no corporate overlords dictating their fate—just us, the community. Decentralized = infinite possibilities, including integrations into broader crypto ecosystems.

1. Utility Beyond Just Reddit?

Okay, hear me out. Right now, Moons are mostly used for tipping, voting on subreddit governance, and flexing your crypto wealth. But what happens when someone decides to integrate Moons into NFT marketplaces, DeFi platforms, or metaverse economies? The possibilities are endless. A Moon-backed game? Pay for merch with Moons? It’s all on the table.

1. Look at the Price Action

Moons are currently trading at $0.19–$0.26, with a market cap of just ~$28 million. Compare that to meme coins with billion-dollar valuations and no utility (looking at you, Dogecoin). Moons have surged over 67% this week alone. It’s volatile, yes, but it’s also alive and kicking.

1. Token Burn = Rocket Fuel

Every transaction burns Moons, and no new ones are being created. This deflationary mechanism means supply decreases while demand grows. Less supply = 🚀 (in theory, anyway).

TL;DR: Why Buy Moons?

Moons are no longer just subreddit points—they’re evolving into a real asset with deflationary supply, solid community backing, and the potential for utility beyond Reddit. Whether you’re here for the memes or the moonshots, Moons might just be worth a closer look.

So, what’s it gonna be? Are you buying the next Doge, but smarter, or sitting on the sidelines? Discuss below, and may the Moons be ever in your wallet’s favor.

The original post: /r/cryptocurrency by /u/MericanInBKK on 2024-12-07 22:27:47.

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Hey everyone,

I’ve been diving deeper into the world of blockchain projects and came across EOS. It’s hard to ignore its history—it was once considered an “Ethereum killer,” raising a record $4 billion during its ICO and promising fast transactions, scalability, and zero fees. However, over the years, EOS seems to have lost its momentum. I rarely hear it mentioned alongside other major players like Ethereum, Solana, or Avalanche.

That said, I’ve noticed some chatter about the EOS Network Foundation (ENF) spearheading a revival. This has me wondering: does EOS still have a shot at becoming a major player in the blockchain space? Or is it too late?

Here’s what I know so far:

Strengths of EOS: From a technical standpoint, EOS has a lot going for it. The delegated proof-of-stake (DPoS) model allows for high-speed transactions with no fees, which seems ideal for scalability. This is particularly attractive compared to Ethereum’s often high gas fees (even after the Merge).

The Downfall: Despite the initial promise, EOS’s reputation took a hit due to centralization concerns, governance issues, and accusations of mismanagement by Block.one. As a result, it didn’t achieve the level of adoption many expected, especially when compared to Ethereum or even newer chains like Solana.

Recent Developments: I’ve read that the ENF, led by Yves La Rose, is trying to breathe new life into the ecosystem. There’s talk of improving governance, developing partnerships, and expanding interoperability with other blockchains, including Ethereum. I’ve also seen claims that EOS is pivoting to position itself as a top-tier platform for Web3 development.

So, I’m reaching out to this community for insights and advice. Here are my specific questions:

1. What’s the investment case for EOS in 2024? Are there any strong use cases, partnerships, or dApps being built that make it stand out today? Have adoption rates or developer activity picked up recently?
2. How credible are the revival efforts by the EOS Network Foundation? Are there tangible signs of progress, or is this more of a PR move to regain relevance?
3. What are the risks of investing in EOS? The concerns around centralization, governance, and ecosystem stagnation still linger. Have these issues been addressed, or are they still valid?
4. Why should people buy EOS now? For those of you who are bullish, what’s your thesis? Is it based on new developments, market cycles, or long-term potential?

I’m also open to hearing from skeptics. If you think EOS is a lost cause or a poor investment, I’d like to understand why. I’m not here to shill or FUD; I genuinely want to weigh the pros and cons of this project before making any moves.

Lastly, if you believe there are better Layer 1 projects out there that are currently undervalued or overlooked, please share those as well. I’m always on the lookout for high-potential opportunities.

Looking forward to hearing your thoughts and advice!

The original post: /r/cryptocurrency by /u/Odd-Radio-8500 on 2024-12-07 22:04:27.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-07 21:58:30.

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-12-07 21:39:53.

The original post: /r/cryptocurrency by /u/Abdeliq on 2024-12-07 21:12:04.

The original post: /r/cryptocurrency by /u/wonderingdev on 2024-12-07 20:56:49.

The original post: /r/cryptocurrency by /u/gigabyteIO on 2024-12-07 19:54:54.

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What distinguishes Algorand is its ability to excel in all core technical areas without sacrificing any other. This is largely because of intelligent design decisions when creating the chain, its consensus mechanism, and its underlying guts. It's that "overall package" that distinguishes it for me. Lots of chains are on parity with (or sometimes exceed) Algo in one metric or another. But, when you look holistically, Algorand stacks up well on all fronts while lots of others fall short in one particular area. In addition, it has lots of other plus factors.

• Throughput without Sacrifice: Algorand's Layer 1 can handle high volume without sacrificing anything. It can currently handle around 12k TPS and has exceeded that mark in single blocks in the real world. This already exceeds what VISA's network handles on average per second, and already blows most chains out of the water. Though the capacity isn't needed right now, block pipelining could take us to 46k even without L2s or sharding. Now, some other L1s either currently handle more TPS or have a theoretical upper limit that exceeds Algorand's. But, those chains either are bullshitting you or they fall short in other critical areas (e.g. decentralization). Let's take a couple examples from some big market cap coins.
  • Solana advertises 65k max TPS, but they are full of shit. Due to technical bottlenecks their max real throughput is closer to 20k. But even that number is padded because 75% of Solana transactions are on-chain vote transactions (which is just bad design IMO). This is why they have never pushed the chain past a couple thousand *actual* transactions without (a) astronomical failure rates (there is even a block where essentially 100% of all non-vote transactions failed; (b) their chain skipping blocks and having other wonky issues; or (c) just shutting down entirely. Mind you, they essentially require supercomputers to do this while Algorand bests them using hardware that is essentially a maxed out Raspberry Pi 5.
  • Chains like Sui and Hedera will advertise huge TPS, but the tradeoff is permissionlessness and decentralization. The chains are de facto controlled by centralized entities, and this is essentially required because of how their networks operate. They are DAGS (directed acyclic graphs) instead of blockchains. DAG's require supercomputers to run and their performance drops off tremendously when you increase nodes or geographical distribution. Want to run a Hedera node? You can't. That's reserved to the ~30 corporations on their governing council. Want to run a Sui node? All you need is a supercomputer and hundreds of millions of dollars to buy up an unfathomable amount of circulating supply.
• Speed and Instant Finality: Algorand is fast. It puts out blocks approximately every 2.8 seconds. And, it can go even faster if needed. Importantly though, it also has instant finality. Finality time is the time it takes to guarantee that transactions cannot be altered, reversed, reorganized, or canceled after they are in a block. Algorand's chain is essentially impossible to fork (i.e. to have two competing blocks or series of blocks). That means transactions are instantly final as soon as they are verified in a block. Other chains can fork, and thus must wait for multiple block confirmations to say with sufficient probability that a transaction is final. Finality is critical for real world commerce. In the real world, nobody is going to let you walk out of a store because your crypto payment will "probably" go through.
  • Legacy chains are slow and not suited to everyday use. Bitcoin finality takes 6 blocks at 10 min/block. ETH has a finality time on Layer 1 of something like 14 minutes. Cardano is something like 5-10 minutes.
  • Other "fast" chains either aren't as fast as they claim, or make significant compromises on decentralization to achieve that speed. For example, Solana is seen as fast because it has 400 millisecond block time. But, those transactions aren't actually final. It takes 32 confirmations to be final, which is 12.8 seconds. (This may seem trivial, but think about the difference it makes for things like event ticketing, or just staring blankly at the cashier for 13 seconds vs. 3 or less). Hedera is pretty quick, but not as fast as Algo. Sui is super fast to finality (something I'm impressed with), but again (as mentioned above) it's achieved through a de facto permissioned and centralized system.
  • Another good comparison is Avalanche. It has fast block times, they finalize quickly thereafter, and they don't have the same centralization concerns as those listed above. But, importantly, it is not instant finality. This may seem trivial to you, but it is not trivial when it comes to developing on chain. Even if transactions are finalized fast (and so you don't have to wait around as long), if there is any lag between block verification and finality, its is something you must engineer around. Additionally, there are things that Algorand blows Avax out of the water on, such as throughput, smart contract handling, fees, etc.
• Elegant Consensus Mechanism Designed for Decentralization: Algorand has an elegant consensus mechanism that allows its validators to run on low cost hardware. Other highly performant chains effectively require supercomputers to run. For example, Sui requires 24 cores and 128GB RAM to validate (of course, the harder part is first owning hundreds of millions of dollars of SUI). Solana requires 12 cores and 128GB RAM (and also a large amount of SOL since it's goofy consensus mechanism clogs its own network and so charges validators for voting transactions). Algorand validators can run on a maxed out Raspberry Pi 5. It's built for decentralization and maximum participation. It's Pure Proof of Stake design means anybody, no matter the size of your holdings, can participate in consensus with no epochs, no lockups, no slashing, etc. We are moving to a "staking rewards" program to reward validators, which does have a 30k Algo minimum (which can be lowered later). But, importantly, that is not a prerequisite for running a node. A person with 1 Algo can still run a node if they want. Instead, it's a necessary component for being able to monitor node health with statistical significance (poorly performing nodes do not receive rewards). In short, Algorand is probably the most egalitarian proof of stake consensus mechanism out there. It is designed for decentralization.
• AVM vs. EVM: Many chains either explicitly use Ethereum Virtual Machine (EVM) or some derivative of it for coding. That is great for porting over existing Ethereum projects in a copy/paste fashion (which is why EVM chains explode quickly in terms of apps). However, that also means you are adopting the limitations of EVM. Algorand opted to build its system from the ground up with the Algorand Virtual Machine. If you want a technical rundown on benefits of AVM vs. EVM, I'm sure someone here can go into more detail. But here are some examples.
  • Native layer assets: Assets on most chains are smart contracts. Interacting with the token is interacting with a smart contract. The problem with that is that smart contracts can be malicious. That's why people say to never interact with dust in your wallets. Assets on Algorand are not smart contracts, but rather native layer assets. They operate with the same level of security and ease of use as the native Algo. In addition to security, this gives them a variety of other benefits. A big one is atomic swapping. Assets can be exchanged, trustlessly, on Algorand without needing to code or interact with a smart contract.
  • Smart contract handling. Not all transactions are created equal when it comes to consumption of the network. Things like DEX swaps are a good example. They require smart contracts and are more taxing than things like simple sends or atomic swaps. AVM is incredibly more efficient in its handling of these and so we blow every single EVM chain out of the water in terms of how many such transactions we can handle.
• Post Quantum Security: Algorand pioneered the use of FALCON encryption, which has now been formally adopted by the National Institution of Standards and Technology (NIST) as one of only a few quantum resistant cryptographic algorithms. Quantum computing is coming. A chain that is not quantum secure will be vulnerable to attack. Maybe it won't be today, this year, or next year, but in the not too distant future, chains that are not quantum resistant are going to get attacked and when they do, they will fail in spectacular fashion. To my knowledge we are the only chain with a quantum resistant chain history, and in 2025 should become fully quantum secure with quantum resistant VRF for consensus and with quantum wallets.
• Reliability: Over five years running with zero downtime. Almost no other network can claim this type of reliability. Certainly Solana can't. Not even centralized stuff like Sui or Base can claim that type of reliability. And, when you issue a transaction it either goes through or you don't pay for it. Other networks can have ridiculously high failure rates, and they charge you for them.
• World Class Developer Tools: If you are a developer, you'll appreciate AlgoKitand how easy it makes developing.

The original post: /r/cryptocurrency by /u/CragBawz on 2024-12-07 19:37:07.

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-12-07 18:37:04.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-07 17:55:48.

The original post: /r/cryptocurrency by /u/ArtifexR on 2024-12-07 17:48:01.

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The world is full of stories of people who win the lottery or come into money and end up ruining their lives. Why? Because they can’t help but talk about it. Celebrating with friends or family, sounds like the right thing to do, but pretty much right away people will begin demanding money. Some will ask for it for personal projects or investments, but most will “need” it for a car, medical care or housing costs. It will never need, even if you don’t make that much. The news is even sadly littered with stories of “lucky” people who were murdered for their winnings.

This is not meant to say you can’t help people. Of course you can. Do it quietly if you have to, but don’t say where the money came from. Just say you saved up or had a good year and “loan” them that $500 for the car or whatever, but don’t expect it to come back. Really, donating to a charity can also be a great thing to do to if you’re fortunate.

Good luck and stay safe out there!

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-07 17:06:26.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-12-07 15:25:44.

The original post: /r/cryptocurrency by /u/LackschuhBrust on 2024-12-07 13:20:22.

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I just graduated and will get paid my first salary starting february 2025. I bought bitcoin in 2018 and the little money I put in as a broke teenager did a x10. So basically my ~200usd turned into 2000usd. All this time I wanted to buy more but was missing the funds. So first thing I do when I start my job is to buy bitcoin weekly to finally invest as much money, as I am invested to bitcoin with my heart. I just hope that I wont be missing out on too much these next two months while I survive on what I have left until my first salary.

Have a nice christmas everybody. Looking forward to a better future for all of us

The original post: /r/cryptocurrency by /u/IlIlllIIllllIIlI on 2024-12-07 12:44:36.

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Hi everyone ! Since the daily isn’t really the best place for long posts, I’m here to make a recap on MOONs, what it is and why you should be bullish about it. While this is obviously quite a shill, I’m also willing to make it a public service announcement for the newcomers and crypto beginners on this sub.

What are MOONs ?

First of all, it’s a Governance Token for this sub. Formerly created and minted monthly by Reddit included in their RCP (Reddit Community Points) program.

The project has been sunset since then, and the contract has been renounced, making it a truely community owned token. Thanks to the mods and community members, a DAO was formed and all the usecases in place have been revived (banner renting, distributions, tipping, etc.)

Two major things changed with this event :

• No one can mint MOON anymore, the supply is hard capped and deflationnary
• The future of the project is in the hands of its community, no one is « in charge ».

You can earn MOONs…

Governance

Because it’s a governance token, participating in the sub’s activity rewards you some, according to your monthly earned Karma. The tokens will be sent directly to you if you have a registered wallet.

Tips

You can also tip them to other users as a reward for informative or useful contributions, right in the comments using the tipbot command.

Voting

Your holdings will reflect the weight of your votes in the monthly CCIP proposals made to change the rules of this sub and the economy surrounding it.

… or you can buy them !

Buy them, what for ? You may ask. Well, because you can ! This part is more dedicated to gamblers and people that believe in the evergrowing economy of this sub. Remember this is a high risk asset, no one knows what the future is made of and you could lose it all. Never invest more than you’ll be confortable losing.

Where can I buy MOON ?

There are a few ways to buy some, from easy to more advanced.

CEXs : the easy way

The easiest way is to grab some with $ or € is centralized exchanges like Kraken (our official partner) and Crypto .com

DEXs : more advanced users

For the DeFi adventurers, you’ll have to use either Arbitrum One or Arbitrum Nova networks. MOON is paired with ETH on DEXs :

• Camelot (Arb One)
• SushiSwap (Arb Nova)

What are the usecases of MOON ?

Adertising

MOON is the heart of this sub’s economy. The main usecase is advertising. Companies, brands and projects can rent the banner, book AMAs and giveways, sponsored events.

These events are paid in MOON that are, once bought by the renters, sent to the burn wallet. This creates scarcity, these tokens will disapear forever.

DAO

MOON is also used to vote for the rules and changes made to the sub (eg. discussing rent prices, new partnerships, etc.)

Education

It’s a good way to learn and make baby steps in the DeFi world. Since you’re getting rewarded MOON for your contributions, learning the process of managing and securing a wallet, sending and receiving tokens, bridging them, selling and buying them come along your DeFi journey at litterally no cost. It’s a free tutorial on what crypto is all about : decentralization and self-custody.

FAQ

This part is a non exhaustive list of questions I see in the daily that may help you catch up.

Are MOONs still a thing ?

Yes ! If you’ve read this far, I hope you get it. You’ll be able to follow the ventures of this project on r/cryptocurrencymeta and r/cryptocurrencymoons

Are Distributions going on again?

Yes ! After the sunset, distribution stopped for a time but has been revived thanks to the community. All you have to do is create a vault or a fresh new wallet and register your address with the bot to start earning monthly.

Are there guides to learn more?

Yes, you’ll find everything you need in this sub Wiki, but also the other dedicated subs mentionned above.

On a sidenote, I’m working on writing simple and explicit guides for setting up a wallet, registering for distributions, learn more about the tokenomics, how to sell and buy. Stay tuned.

Will MOON reach $1?

While no one can predict anything, here are some metrics to put it into perspective :

Right now MOONs are traded at around $0.21 with a Market Cap of roughly $18M. The hard capped supply of 80M tokens (after sunset) is burning at a fast pace, getting smaller everytime the banner is rented, or an AMA is hosted. Reaching $1 is x5 from now, and would make it a Top500 token by Market Cap which is already ridiculously low. A lot of memecoins without any utility go beyond $100M MC within a few days.

What makes you bullish about MOON?

Absolutely everything about it. Not only it has proved to be a great governance tool with great usecases, a well decentralized distribution, its meme potential is insane. This ticker is litterally MOON.

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This post is obviously not exhaustive. Your welcome to ask question and help out each other understand the project in the comments. Feel free to join the other dedicated subs to learn and discuss more about the project.

For all those interested in making some noise about it, raise your hand. I’m working on visual content to help communication on socials and will publish a work in progress status on r/cryptocurrencymoons in the coming days. Stay tuned and take care.

The original post: /r/cryptocurrency by /u/n1elsen95 on 2024-12-07 12:17:54.

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Well i got pretty fucked when the last bear market came around. I had just sold my apartment to rent an apartment with my girlfriend (now wife yay) and put most of my profit into crypto just to see my portfolio dwindle for all of 2022, only to begin seeing some upside again in 2023 and finally being profitable in the beginning of 2024 (doing preeetty good right now) - I did manage learn a few basic principles, that made my portfolio very happy, without taking on too much unnecessary risk during all this time.

I wanted to prepare myself the next bull-run, the one we are seeing now, so i did all the boring work, and learned how to come out on top.

Obviously I have made bad moves in the span of 2022-2024. But if I had followed these principles from the beginning and more strictly, I don't think i would have made most of those mistakes.

0. Most Important: Find an Actual Strategy and Stick to It

This is the foundation of any successful investment journey. Don’t let emotions like fear or greed drive your decisions—these can lead to impulsive moves that often result in losses. Whether you choose dollar-cost averaging (DCA), technical analysis, or another method, the key is consistency. From my experience, sticking to a well-thought-out strategy helps you stay disciplined and avoid costly mistakes 9 out of 10 times.

1. Bitcoin Dominance Chart

Understanding Bitcoin dominance—the percentage of the total crypto market that Bitcoin represents—is crucial. By analyzing its cycles, you can see how shifts in Bitcoin’s dominance impact the broader market.

For example, when Bitcoin dominance rises, it might indicate that investors are favoring Bitcoin over altcoins (this typically happens during the bear market, and reverses during the bull market), signaling a more conservative market sentiment. Keeping an eye on these trends helps you make informed decisions about where to allocate your investments.

2. ETH/BTC Chart

The ETH/BTC chart is a key tool for understanding the current market dynamics and potential future movements. It shows the relationship between Ethereum and Bitcoin, helping you gauge whether Ethereum is strengthening against Bitcoin or if Bitcoin is maintaining its lead. Additionally, looking at other pairs like ADA/BTC can provide further insights. Understanding these relationships helps you spot opportunities and manage risks more effectively.

3. Risk-Adjusted Dollar-Cost Averaging (DCA)

Risk-Adjusted Dollar-Cost Averaging is a dynamic investment strategy that uses a risk index (e.g., 1-100) to guide buying and selling decisions at specific intervals. When risk is low (e.g., a score of 10), you invest a large amount, gradually decreasing the investment size as the risk increases (e.g., at 20, 30, and 40). Beyond a certain threshold (e.g., 40), you pause buying entirely and start taking profits as the risk level rises. For instance, you might sell 10% of your portfolio at 60, 20% at 70, 30% at 80, and the remaining 40% at 90. This systematic approach maximizes opportunities at low risk while securing profits as risk intensifies, leveraging data-driven insights to eliminate emotional decision-making.

I'm not gonna suggest a specific index, but you can find a few online. (The one i use puts BTC at 63 risk right now)

4. Bitcoin is King

Bitcoin remains the most dominant and stable cryptocurrency in the market. Historically, very few altcoins have outperformed Bitcoin on a multi-year basis. When the market’s euphoria settles and volatility decreases, Bitcoin often stands out as the leading asset. Keeping a significant portion of your portfolio in Bitcoin (especially during a bear market) can provide stability and act as a solid foundation for your investment strategy, ensuring you have a reliable asset during turbulent times.

5. Value Your Portfolio in BTC, Not USD

It’s important to assess the value of your portfolio in Bitcoin rather than just in USD. Even if your portfolio’s dollar value increases, it might still be losing ground compared to Bitcoin. This indicates that while you may see nominal gains, you could be taking on higher risk for lower real returns. Valuing your portfolio in BTC gives you a clearer picture of your actual growth and risk exposure, helping you make more informed decisions about your investment strategy. - It's cool that your altcoin made a 70% year-to-date ROI, but BTC made 136% so far on less risk

6. Be Cautious of "This Coin Will 500X" Claims

Avoid blindly trusting promotional claims from YouTube influencers or following trends that have already experienced significant price increases. Investing in a coin that has already surged means you might have missed out on the most substantial gains. Instead, focus on researching the fundamental values and long-term potential of cryptocurrencies. This approach helps you make more rational investment decisions based on merit rather than hype, reducing the likelihood of falling for pump-and-dump schemes or overvalued assets.

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-07 11:41:23.

The original post: /r/cryptocurrency by /u/BriBumer on 2024-12-07 10:55:26.

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As we now Trump nominated David Sacks as „the Crypto czar“ and Paul Atkins as next SEC Chairman.

Some of us know Sacks as a big paypal guy. And the most of Solana Investors know him as an early Solana investor. Paul Atkins is from my POW less popular, but as the next SEC Chairman hes for sure not less important for the Cryptoindustries. Moreover he also got some Cardano connections, in 2020 he spoke at the Cardano Summit about the mainstream adoption of crypto.

We have two guys which got connection to two successful Blockchain which cant be more different.

One is build on account based model the other one is build on eutxo. One is made for the speed the other one is made for reliability. One goes the scientific way of developing the other one is more like a try and error scheme.

Lets see what will happen in the future! For sure Solana and Cardano are already in the minds of both of them. But in any case. Every other crypto project will benefit from both guys. Because this guys are in our team now! They will play with us! The game against us will end soon!

The original post: /r/cryptocurrency by /u/amanbhatia97 on 2024-12-07 07:22:25.

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I’ve been analyzing a couple of key charts that have historically indicated altcoin seasons, market tops, and the ends of bull markets. While I’m not an expert and fully acknowledge the many factors influencing price action and market cycles, my goal here is to simplify things for everyone.

I’m focusing on BTC dominance and the BTC and ETH charts, as these have historically provided strong signals. For instance, ETH has previously reached its all-time highs when BTC dominance was around 40%. Currently, BTC dominance is sitting at 55% and trending down. Based on this, I anticipate a surge in ETH and other altcoins in the coming months as BTC dominance approaches that 40% mark.

My personal strategy is to consider taking profits and exiting the market when BTC dominance hits the 40-45% range. While this approach is rooted in historical patterns, I understand that the market is unpredictable, and no one truly knows what will happen next.

I believe we sometimes overcomplicate things when a simpler, historical perspective can work well. Using this strategy, I aim to make decisions that feel logical to me. Would love to hear your thoughts and any insights you might have!

The original post: /r/cryptocurrency by /u/Odd-Radio-8500 on 2024-12-07 06:55:33.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-07 06:38:31.