'WHAT THIS... ABOUT ALL?' Why People rush now to sale? #SOL is trending up still! It already left one-O- 5, For Real, Not to Bluff. Teea is calling one one seven, Where, U will find SOLANA soon. If not, U say: "this guy is not EVEN" #DYOR #Write2Eam
Why does JasmyCoin have huge potential? Opinion on Jasmy coin, aka “Japan’s Bitcoin”
JasmyCoinis one of crypto assets with huge market potential, though it's undervalued right now.
What are fundamental reasons to justify its future potential?
- Jasmycoin it's a utility coin, hence has a purpose. It belongs to a group of crypto assests known as Decentralised physical infrastructures (DePin), Internet of things (IOT), it emerged as a market place where individuals can control, sell their data and generat income.
Data market is a huge business and has been controlled by traditional and centralised mega campanies such as Google since the beginning of internet era. JasmyCoin and likes have revolutionised the traditional business model by creating a Decentralised and user controlled data marketplace.
- Since data business is a well established and multi billion dollars business, Jasmy as Decentralised data marketplace,finds itself in a better place to tap into already established mega business opportunities.
- JasmyCoin is one of the OG crypto assets who manage to survive for decades in the most fragile crypto industry, hence it has built a strong foundation and huge community which ensures sustainability of the project.
- It's current FDMC is around $650 Million and it's annual inflation rate is just 0. Almost all created (50 Billion) coins are in the circulation. Given total crypto market capital expected to reach 5 -7 trillions USD within next 5-10 years, imagine how much would be Jasmy's price, if it could have 1% market share from the total crypto market cap within the next few years!.
- Jasmy platform is continuously evolving, for instance recent integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is one of the remarkable developments around the JASMY ecosystem. This integration efficency by ensuring a seamless transaction across multiple chains.
- Crypto market is usually governed by narratives, IOT is one of the best crypto narrative. These are strong logics to argue!
- Phase one: Trump teweet or speech and a sudden rise of a price followed by price squeeze and continued price fall until previous support level is broken.
- Phase two: a similar pattern of sudden rise of price then short positions liquidation followed by a brief moment of price pump and squeeze followed by a news titled 'massive long positions liquidation'
Phase Three: Trump family teweet followed by Phase One, Phase Two and Phase Three. See the graph:
When we see the daily trend, the upper BB line; which is often relate with resistance level and the lower BB line; which equates with the support leve, are converging,- meaning, the distance between the resistance level and the support level is narrowing. In other word, the difference between resistance price and the support price is small, hence new trend will emerge soon, most often, the average price will go up, (note that the chance of the average price to go down is also on he table)
The convergence of the two lines is one of the indicators for the imminent breaking of the trend. If the buying presser increased, the price will grind up soon! Let's see what will come next. #DYOR #TrendingTopic."
Bybit Maintains Solvency Despite Major Cyberattack
According to PANews, Web3 auditing firm Hacken, in collaboration with Bybit, has released an update on proof of reserves following a significant cyberattack that has heavily impacted the industry. Despite the attack, Bybit's reserves continue to exceed its liabilities. As the independent auditor for Bybit's proof of reserves, Hacken has confirmed that user funds remain fully supported. This indicates that Bybit possesses sufficient reserves to cover all user assets, maintaining its solvency while prioritizing security and transparency.In response, Bybit CEO Ben stated that Hacken's audit of their finances demonstrates their ability to compensate for customer losses using their own financial resources.
That's why, taking a profit is the golden rule of any trading. It's a good story.
DusGames Cripto
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Millionaire for a Minute
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I’m going to tell the worst story of my life. I was 21 years old when my parents gave me some money that, according to them, was meant for my future. But I saw a unique opportunity: a new cryptocurrency was about to be launched, and people said this was the chance to become a millionaire. They promised profits above 3000%, claiming it was the new Bitcoin. I couldn’t miss this chance. I took the $ 45,000 I had and invested it all. No hesitation. No plan B. Just the certainty that, in a short time, I would be rich. The launch day arrived, and it felt like the universe was on my side. The sun shone brighter, people seemed happier, and deep down, I felt like everything was going to work out. And for five minutes, it did. The coin started rising. And rising. And rising. I looked at the screen and couldn’t believe what I was seeing. My $ 45,000 turned into hundreds of thousands. Then into millions. In a matter of seconds, I was a millionaire. I was free. I ran around the house screaming, telling everyone that everything was going to change, that our lives would never be the same. Finally, I had won. And that’s when everything collapsed. The coin started to drop. Fast. Faster than it had risen. In the middle of the euphoria, I didn’t even notice. I didn’t sell. I did nothing. I just kept celebrating. When I looked back at the screen, my millions had turned into cents. Everything was gone before I could react. Despair took over me. What was I going to tell my family? How would I explain that all the money was gone? I made up a lie: I said I had been hacked. No one could know how stupid I had been. Today, I’ve learned my lesson. I never trust absurd promises again. Now, I only invest in memecoins that are on Binance. At least if I lose, I know it was by choice and not by illusion. $SOL $PEPE #BNBRiseContinues
What if it reached just 10% of it's ATH? How much would be a profit, if I buy $10 worth of Curve at current price (0.3)? In 2020, it's price was over $60. Let's do a maths.
Imagine, if it reached just 10% of ATH, a price will be $6 per token. That means turning $10 to $200 It's very tempting. Should I go for it? #DYOR