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#LitecoinETF Attention!!! A few minutes ago, the $LTC Fund announced on Twitter that the first ETF has been listed and recognized in the Canary Islands of Spain! Here are some facts about the Canary Islands The Canary Islands are home to approximately 2.24 million people and their gross domestic product (GDP) per capita in 2021 was approximately €18,990, with around 40% of GDP dependent on tourism. The informal economy in the Canary Islands, which includes undeclared and illegal economic activities, accounts for around 17.9% of GDP and amounts to over €8 billion per year. The informal economy means that business is conducted without paying taxes through loopholes and criminals also launder money.
#TokenMovementSignals when the US President raised hopes for a new era for cryptocurrencies. Except for #BTC #Eth #BNBToken But coins that are not in the top will plummet. Every time I wake up, the sky is red. After the event #LUNA✅ , the market is no longer predictable.
#GasFeeImpact Many new investors will not pay attention to gas fees for cryptocurrency transactions. Gas fees are the costs associated with processing transactions on the blockchain network. And here are some key impacts that new investors need to know - Transaction costs: High gas fees can increase transaction costs. Low gas fees can lead to network congestion because many users are using them to execute transactions. - Transaction speed: Higher gas fees can prioritize transactions, making them processed faster. - User experience: Excessively high gas fees can negatively affect user experience, causing users to shy away from the network. - Scalability: Gas fees can impact the scalability of the network as high fees can limit the number of transactions that can be processed. Managing gas fees is crucial to maintaining the efficiency of the blockchain network.