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A strong, active community can be a good indicator of a cryptocurrency’s potential. Community support can drive adoption, provide valuable feedback, and contribute to the project’s development. https://bettingtanzanias.com/mbet-app/ Look at social media, forums, and other platforms to gauge the community’s size and engagement. Keep in mind — just because a project has a large social media presence or active community chats does NOT mean the project is a real one. Since communities are the easiest thing to grow inorganically, many fraudulent projects will purchase bots, fake followers and other metrics to build fake hype around their token or protocol.
Rollblock ($RBLK) is a revolutionary addition to the Ethereum ecosystem. It is a fully community-backed, crypto-native Web3 casino that is already generating revenue and racing through stage 8 of its early presale offering.
Yes, cryptocurrency is an excellent long-term investment, however financial success depends on choosing projects with strong fundamentals, compelling narratives, and cult-like communities. Coins like Bitcoin have proven their staying power, while newer projects like 888 that leverage a timeless and universally-appealing narrative along with an outrageously ambitious goal offer significant long-term growth potential.
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Solana (SOL) is the primary driver behind the ongoing meme coin bull run, marking a significant shift away from Ethereum’s dominance in this space. Notable for its speed, scalability, and ultra-low transaction fees, Solana is the perfect platform for traders chasing 1000x memecoins like 888, as its infrastructure supports high-volume trading with minimal costs.
Bitcoin is not innocuous. Transactions are processed by “miners” using massive amounts of computing power in return for rewards in the form of Bitcoin. By some estimates, the Bitcoin network consumes as much energy as entire countries like Argentina and Norway, not to mention the mountains of electronic waste from specialized machines used for such mining operations that burn out rapidly.
For instance, Bitcoin fell to $15k during the last bear cycle, only to rebound massively and surpass new all-time highs. Put simply, waiting for a dip in a coin you’ve thoroughly researched ensures that you enter closer to the bottom, setting you up to maximize returns when the market inevitably rebounds.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
Most memecoins thrive on a cocktail of hype, belief, and community support, however 888 ($888) takes this formula to the next level. With a masterful blend of timeless numerological rhetoric, an audacious price goal, and battle-hardened cult-like community, 888 presents itself as the best long-term investment in this bull market and beyond.
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In 2022, Ethereum plans to switch to proof-of-stake with its Ethereum 2.0 update. This switch has been in the Ethereum roadmap since the network’s inception and would see a new consensus mechanism, as well as introduce sharding as a scaling solution. The current Ethereum chain will become the Beacon Chain and serve as a settlement layer for smart contract interactions on other chains.
EIP-1559 also introduces a fee-burning mechanism. A part of every transaction fee (the base fee) is burned and removed out of circulation. This is intended to lower the circulating supply of Ether and potentially increase the value of the token over time.
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Second, the Merge significantly reduces ETH issuance. This has been dubbed the „triple halving“ in a nod to the Bitcoin halving, since the Merge reduces ETH issuance by 90%. With more than 14M ETH already staked, ETH could very well become deflationary after the transition. Furthermore, stakers are expected to earn between 8% and 12% APR at current projections. Staked ETH will not be withdrawable immediately after the Merge — it will only be enabled after the Shanghai upgrade, estimated to be 6 to 12 months later.