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Givens Chinny

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3.2 Years
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šŸ“CRYPTO CLASS What Is An Ethereum Gas Fee? On the Ethereum blockchain, every action like sending ETH or interacting with a smart contract requires computational work by the network. To perform this work, you need to pay a fee. This is called a gas fee. Think of gas as the fuel needed to power any transaction or smart contract on Ethereum. The gas fee is how much ETH (Ethereum's currency) you pay to the network to execute that action. šŸ”§ Real-Life Analogy: A Car on a Toll Road Imagine you’re driving a car on a toll road: The car = your transaction. The road = the Ethereum network. Gas = the fuel needed for your car to travel. Toll = the fee you pay to use the road (like paying miners to process your transaction). The longer or more complex the journey (e.g. more smart contract steps), the more fuel (gas) your car needs. Also, during rush hour, the tolls may increase this is like Ethereum gas prices rising when the network is busy. 🧮 Let's Break Down the Gas Fee Ethereum gas fees are calculated like this: Gas Fee = Gas Units Ɨ Gas Price Gas Units: Amount of computational work required (fixed for most tasks). Gas Price: How much you're willing to pay per unit of gas (can change depending on network congestion). $ETH
šŸ“CRYPTO CLASS

What Is An Ethereum Gas Fee?

On the Ethereum blockchain, every action like sending ETH or interacting with a smart contract requires computational work by the network. To perform this work, you need to pay a fee. This is called a gas fee.

Think of gas as the fuel needed to power any transaction or smart contract on Ethereum.

The gas fee is how much ETH (Ethereum's currency) you pay to the network to execute that action.

šŸ”§ Real-Life Analogy: A Car on a Toll Road

Imagine you’re driving a car on a toll road:

The car = your transaction.

The road = the Ethereum network.

Gas = the fuel needed for your car to travel.

Toll = the fee you pay to use the road (like paying miners to process your transaction).

The longer or more complex the journey (e.g. more smart contract steps), the more fuel (gas) your car needs. Also, during rush hour, the tolls may increase this is like Ethereum gas prices rising when the network is busy.

🧮 Let's Break Down the Gas Fee

Ethereum gas fees are calculated like this:

Gas Fee = Gas Units Ɨ Gas Price

Gas Units: Amount of computational work required (fixed for most tasks).

Gas Price: How much you're willing to pay per unit of gas (can change depending on network congestion).

$ETH
Still keep an Eye on XRP for long term holding. $XRP
Still keep an Eye on XRP for long term holding.

$XRP
Which #MEMECOIN will always have a special place in your heart? šŸ’– šŸ¤”šŸ˜‡
Which #MEMECOIN will always have a special place in your heart? šŸ’–

šŸ¤”šŸ˜‡
GM! GM! Still keep an Eye on XRP for long term holding.
GM! GM!

Still keep an Eye on XRP for long term holding.
Elon Musk’s Dogecoin Hype Will Return Soon: Crypto Expert🐶 With Elon Musk distancing himself from the White House, some crypto analysts, including Santiment founder Maksim Balashhevich, suggest a classic Dogecoin pump may be imminent. They believe Musk now has more time to resume his trademark Dogecoin promotions, potentially boosting the meme coin's value. $DOGE #MarketRebound
Elon Musk’s Dogecoin Hype Will Return Soon: Crypto Expert🐶

With Elon Musk distancing himself from the White House, some crypto analysts, including Santiment founder Maksim Balashhevich, suggest a classic Dogecoin pump may be imminent. They believe Musk now has more time to resume his trademark Dogecoin promotions, potentially boosting the meme coin's value.

$DOGE
#MarketRebound
šŸŖ™TON has surpassed all blockchains in daily NFT trading volume! šŸ‘›The chart clearly shows that TON is leading with a huge margin over Solana and other blockchains, getting very close to Ethereum! šŸ·ļøIt's worth noting that Telegram has created something truly unique within their messenger. This has become one of the best achievements for this social network! what do you think... šŸš€šŸš€šŸš€šŸ¤” $TON
šŸŖ™TON has surpassed all blockchains in daily NFT trading volume!

šŸ‘›The chart clearly shows that TON is leading with a huge margin over Solana and other blockchains, getting very close to Ethereum!

šŸ·ļøIt's worth noting that Telegram has created something truly unique within their messenger. This has become one of the best achievements for this social network!

what do you think...

šŸš€šŸš€šŸš€šŸ¤”

$TON
Hi! Hi! It's a new week, we begin with favour, May our trades bring profit, and let market always move to our prediction. Get ready as we try again šŸš€šŸš€šŸš€šŸ˜‡ #MarketRebound
Hi! Hi!

It's a new week, we begin with favour, May our trades bring profit, and let market always move to our prediction.

Get ready as we try again šŸš€šŸš€šŸš€šŸ˜‡

#MarketRebound
🚨 BREAKING NEWS 🚨 šŸ”„Trump plans to replace Fed Chair Powell with Kevin Warsh, pushing for a full 1% rate cut—even amid strong job numbers. Lower rates could weaken the dollar and boost crypto.... Just thinking though.... šŸ¤·šŸ¤” #TrumpTariffs
🚨 BREAKING NEWS 🚨

šŸ”„Trump plans to replace Fed Chair Powell with Kevin Warsh, pushing for a full 1% rate cut—even amid strong job numbers.

Lower rates could weaken the dollar and boost crypto.... Just thinking though....

šŸ¤·šŸ¤”

#TrumpTariffs
🚨 BREAKING NEWS 🚨 šŸš€ Hong Kong is set to legalize Bitcoin and crypto derivatives trading for professional investors, aiming to solidify its position as a global crypto hub. With the derivatives market surpassing $21 trillion in Q1 2025, this move could attract significant institutional interest. Is this a game-changer for crypto adoption in Asia? šŸ¤” $BTC
🚨 BREAKING NEWS 🚨

šŸš€ Hong Kong is set to legalize Bitcoin and crypto derivatives trading for professional investors, aiming to solidify its position as a global crypto hub.

With the derivatives market surpassing $21 trillion in Q1 2025, this move could attract significant institutional interest.

Is this a game-changer for crypto adoption in Asia? šŸ¤”

$BTC
Who is still holding $BTC $FLOKI / $SHIBA INU ?
Who is still holding $BTC $FLOKI / $SHIBA INU ?
What's your Top Reaction Each Time you see 20% dip...
What's your Top Reaction Each Time you see 20% dip...
What's the most important lesson you've learned in #CRYPTO that you wish you knew when you started? šŸ¤” #cryptooinsigts
What's the most important lesson you've learned in #CRYPTO that you wish you knew when you started? šŸ¤”

#cryptooinsigts
Cryptocurrency isn't going anywhere. šŸš€ It's time to educate yourself and make informed decisions about your investment strategy.šŸ¤”šŸ˜‰ #CryptoPatience
Cryptocurrency isn't going anywhere. šŸš€ It's time to educate yourself and make informed decisions about your investment strategy.šŸ¤”šŸ˜‰

#CryptoPatience
Famz!!! Something amazing is coming next Are you ready? šŸ’Ŗ
Famz!!!

Something amazing is coming next
Are you ready? šŸ’Ŗ
Binance to open perpetual futures trading for Bondex $BDXN on June 3 Crypto exchange @binance has announced on its official website that it will list the BDXN/USDT perpetual contract on June 3 at 10:30 UTC, supporting a maximum of 50x leverage. Avoid buying the wrong coin šŸ¤·ā€ā™‚ Be watchful #MarketPullback
Binance to open perpetual futures trading for Bondex $BDXN on June 3

Crypto exchange @binance has announced on its official website that it will list the BDXN/USDT perpetual contract on June 3 at 10:30 UTC, supporting a maximum of 50x leverage.

Avoid buying the wrong coin šŸ¤·ā€ā™‚
Be watchful

#MarketPullback
šŸ“ CRYPTO CLASS šŸ’Ž WHAT IS A DEGEN IN CRYPTO? Let's break it downšŸ‘‡šŸæ ā€œDegenā€ (short for degenerate) is a slang term in the crypto world used to describe someone who takes high-risk, high-reward bets, often in speculative tokens, meme coins, new projects, or early-stage protocols. Degens are early movers who jump into opportunities before they’re fully proven, sometimes even before proper audits, teams, or roadmaps are in place. They do it for the thrill, the upside, and (sometimes) the bragging rights. In short: Degens don’t wait—they ape in and hope for massive gains. šŸ¦šŸš€ Are you a Degen šŸ¤”šŸ˜‡? #TradingTypes101
šŸ“ CRYPTO CLASS

šŸ’Ž WHAT IS A DEGEN IN CRYPTO?

Let's break it downšŸ‘‡šŸæ

ā€œDegenā€ (short for degenerate) is a slang term in the crypto world used to describe someone who takes high-risk, high-reward bets, often in speculative tokens, meme coins, new projects, or early-stage protocols.

Degens are early movers who jump into opportunities before they’re fully proven, sometimes even before proper audits, teams, or roadmaps are in place. They do it for the thrill, the upside, and (sometimes) the bragging rights.

In short: Degens don’t wait—they ape in and hope for massive gains. šŸ¦šŸš€

Are you a Degen šŸ¤”šŸ˜‡?

#TradingTypes101
#FACT: Do you Know you are still early in #CRYPTO. Early enough that it can make you a millionaire!šŸš€šŸš€šŸš€ So don't SnoozešŸ˜€šŸ˜‰
#FACT:

Do you Know you are still early in #CRYPTO. Early enough that it can make you a millionaire!šŸš€šŸš€šŸš€

So don't SnoozešŸ˜€šŸ˜‰
Investing in CRYPTO is Risky. Not investing in CRYPTO is also Risky. Cz
Investing in CRYPTO is Risky.
Not investing in CRYPTO is also Risky.

Cz
Hi Guys! MAY 99% of your Trades this week be successful šŸš€šŸš€šŸš€
Hi Guys!

MAY 99% of your Trades this week be successful šŸš€šŸš€šŸš€
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