BTC Bull Market, this wave of comprehensive surge, yet the bulls are still stuck at the peak
Last night's pullback liquidated about 186,000 traders, with a total liquidation amount reaching nearly $500 million. ➥ About $360 million (accounting for 73.34%) came from long positions. ➥ About $130 million came from short positions.
The bull market has arrived, but the profit effect may not necessarily be higher. The volatility of contracts will become increasingly intense, making position management particularly important. This wave will be the focal point for market makers and speculative funds; strong old coins can be given more attention. Whether it’s based on news or technical analysis, make money within your understanding! News has led me to allocate resources to the metaverse and blockchain games, huge dividends from sand!
The depin track will be my key focus; I will invest fully in IOTX, trust me and follow me! $depins I have added to my position again!
Depin may be late, but it will not be absent.
A bull market without depin is incomplete
With the strong support of Raullen, the founder of the parent chain iotex, depins successfully restarted the community CTO autonomy and became the first vote in the depinmeme track, setting a new record. The iotex team gave considerable support. There are many inscriptions that are reset to zero, but it is unique to successfully restart and transform into a meme to open up a new track. It is the only one that has received strong support and endorsement from the founder of the parent chain. Depins has lived up to everyone. Under the attention of cz, the descimeme sector has become a hot spot in the market. The narrative of the trend, which was unparalleled at the time, created a large number of wealth myths and became the undisputed hottest topic that everyone is chasing after.
Agreeing with the view of #a16z , #depin will become one of the most exciting areas in crypto.
#iotex will play a very important role in this 🫨
1️⃣ The ecosystem already has over 60 DePIN projects, making it the third largest ecosystem after Ethereum and Solana. 2️⃣ 20% of the device data in the entire DePIN field is verified through #zk computations by #w3bstream.
Depins IoT devices AI interact and communicate with each other, then issue tokens, connecting everything and enabling interaction among all things. Then DePINs is the proxy platform. The trading pair must be DePINs.
IoTeX: A new IoT infrastructure under the DePIN narrative
Written by: FMResearch
introduction
Combining it with the real world has always been the direction of blockchain application efforts. Since this year, against the background of the strengthening of the US dollar, RWA has opened up the channel between traditional finance and encrypted finance, becoming one of the few outstanding sectors in the bear market. DePIN, as a branch of RWA, has been gaining traction recently. DePIN stands for Decentralized Physical Infrastructure Networks. Messari defined this new concept in the DePIN research report released in 2022. Messari believes that DePIN is "one of the most important areas of crypto investment in the next ten years."
This year is the last chance for depin leader IOTX to enter, and it will reach 5U in 24 years! Most of the projects currently are concepts! IOTX is a concept plus implementation, moving forward step by step! The layout has a wide range, and it has been following the current trends without slowing down its pace and moving forward step by step! #iotx
1️⃣ #iotex and Future MoneyGroup launch $5 million DePIN accelerator to cultivate DePIN, AI and real-world Web3 startups. 2️⃣ DIMO has reached a cooperation with CosmosIoT, an Internet of Things solution company, to provide hardware sales services to Dutch users. 3️⃣ Helium has now become the highest-grossing project on the Solana network. 4️⃣ Solana Pay now supports users to purchase Hivemapper driving recorders. 5️⃣ GEODNET has reached a cooperation with Deep Sand Technology to provide affordable precision agriculture RTK services to rural areas in North America. 6️⃣ Hotspotty launches DePIN Hub to provide users with various indicators of the DePIN project, research articles and other information. $IOTX