Ditch the memecoins — They won’t motivate the next bull run

Categories
AI, Bitcoin

𝘐𝘧 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘸𝘢𝘯𝘵 𝘵𝘰 𝘴𝘦𝘦 𝘢 𝘣𝘶𝘭𝘭 𝘳𝘶𝘯 𝘵𝘢𝘬𝘦 𝘰𝘧𝘧 𝘵𝘩𝘪𝘴 𝘤𝘺𝘤𝘭𝘦, 𝘵𝘩𝘦𝘺 𝘴𝘩𝘰𝘶𝘭𝘥 𝘴𝘩𝘪𝘧𝘵 𝘵𝘩𝘦𝘪𝘳 𝘢𝘵𝘵𝘦𝘯𝘵𝘪𝘰𝘯 𝘧𝘳𝘰𝘮 𝘮𝘦𝘮𝘦𝘤𝘰𝘪𝘯𝘴 𝘵𝘰 𝘈𝘐 𝘢𝘯𝘥 𝘳𝘦𝘢𝘭-𝘸𝘰𝘳𝘭𝘥 𝘢𝘴𝘴𝘦𝘵𝘴. The memecoin market has been booming this year. It’s practically the only sector of cryptocurrency that’s been booming during this Bitcoin halving cycle. In some ways, it’s reminiscent of the GameFi […]

Memecoins dominate crypto open interest charts taking 4 out of top 10 spots

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AI, Bitcoin, Crypto

𝘖𝘱𝘦𝘯 𝘐𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘦𝘧𝘦𝘳𝘴 𝘵𝘰 𝘵𝘩𝘦 𝘵𝘰𝘵𝘢𝘭 𝘢𝘮𝘰𝘶𝘯𝘵 𝘰𝘧 𝘱𝘦𝘯𝘥𝘪𝘯𝘨 𝘥𝘦𝘳𝘪𝘷𝘢𝘵𝘪𝘷𝘦 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵𝘴 𝘵𝘩𝘢𝘵 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵 𝘺𝘦𝘵 𝘣𝘦𝘦𝘯 𝘴𝘦𝘵𝘵𝘭𝘦𝘥. 𝘐𝘯 𝘢 𝘧𝘶𝘵𝘶𝘳𝘦𝘴 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵, 𝘧𝘰𝘳 𝘦𝘷𝘦𝘳𝘺 𝘴𝘦𝘭𝘭𝘦𝘳, 𝘢 𝘣𝘶𝘺𝘦𝘳 𝘪𝘴 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘥 𝘵𝘰 𝘴𝘦𝘵𝘵𝘭𝘦 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘳𝘢𝘤𝘵. The memecoin frenzy has been the buzz of the crypto community this bull season. Pepe and WIF have surged into the top 20 […]

Assessing Blockchain Profitability: A Deep Dive into Ethereum, Bitcoin, and Solana

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Bitcoin, Crypto

𝗪𝗲 𝘀𝗵𝗼𝘂𝗹𝗱 𝘀𝘁𝗼𝗽 𝗷𝘂𝗱𝗴𝗶𝗻𝗴 𝗯𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻𝘀 𝗼𝗻𝗹𝘆 𝗯𝘆 𝘁𝗵𝗲𝗶𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽. Instead, we should also look at their profit & loss statement. That’s because P&L is the right metric indicating the maturity of the chain. And how far it is from breaking even and achieving long-term sustainability. Here’s how the top 3 chains are faring so […]

Meme Coins Dominate Profit Distribution Among Altcoins as BTC Rallies Above $70K

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Bitcoin, Crypto

Santiment explained that speculative asset growth, as seen in the meme coin space, has been one of the main themes of the crypto sector in 2024. Bitcoin’s (BTC) rally back to $70,000 has caused the value of meme coins to increase, making them the most profitable group among altcoins. According to a tweet by Santiment, […]

Bitcoin’s Inevitable Supply Shock: A Dive into the Metrics

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Bitcoin

Within the financial world, Bitcoin remains a polarizing topic, continuously drawing market attention. But beneath the allure, Bitcoin narrates a sophisticated tale of methodical scarcity, refined technology, and a seismic shift in asset allocation strategies. With over a decade spent in the crypto world, I recognize that Bitcoin is approaching a watershed event, a supply […]

Blockchain AI Market 2031: Beyond Size, Unleashing Market Trends

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AI, Bitcoin, Business, Crypto

The world of technology is in the midst of a seismic shift, and if you’re not paying attention, you could be left in the dust. The blockchain AI revolution is upon us, and it’s not just transforming industries; it’s creating opportunities for individuals like never before. In this article, we’ll explore the thrilling landscape of […]

Render (RNDR) and GRT: Crypto AI Tokens Surge Amidst Bitcoin Rally

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AI, Bitcoin, Crypto

The cryptocurrency world is off to a roaring start in 2024, with Bitcoin breaching the $42,000 mark and registering a remarkable 7% gain in the last 24 hours. However, there’s more to this crypto narrative than just Bitcoin’s resurgence. AI Tokens Rise to Prominence: While Bitcoin takes the spotlight, certain crypto tokens, closely tied to […]

2024: Crypto Spring and the AI-Blockchain Revolution

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Bitcoin, Crypto

Say goodbye to the crypto winter; 2024 is ushering in a ‘crypto spring’ like never before. Industry experts predict a transformational year ahead, with significant developments on the horizon. Here’s a snapshot of what you can expect. 💱 Stablecoins Take Center Stage Stablecoins set to evolve beyond their current roles as mere settlement tools. Regulatory […]