This is a basic economic principle. If a cryptocurrency has a high token supply with little demand from traders and users, then the cryptocurrency’s value will drop. Conversely, if the supply of a particular cryptocurrency is limited and the demand is high, then the value of the coin will increase.
The SafeMoon coin has been making top predictions for months now, and it won’t be slowing down anytime soon. Forecasting site WalletInvestor predicts that the price could reach $0.000002 by November 1st, while Gov Capital forecasted its value will dive to zero in May 2022. In between these two extremes, there is still plenty of growth potential.
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It has a shorter blockchain creation time (one minute) and a vastly greater number of coins in circulation — the creators’ target of 100 billion units mined by July 2015 was met, and there’s a supply limit of 5.2 billion units mined every year thereafter, with no known supply limit.
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Shiba inu coin also surged earlier this week, but lost some recent gains after Tesla CEO Elon Musk — who is a big fan of dogecoin — tweeted that he does not own any shiba inu coin. In a follow up tweet, he added that he has bought "Bitcoin, Ethereum & Doge. That's it." Musk's tweets have frequently moved crypto markets.
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P.S. the only way to reach support is through email and when you send an email don’t be expecting to get a response back from their support team, I sent an email a few months ago and still haven’t heard back from them. The developer, Binance LTD, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Whether or not you are working in the cyber security field, I feel like this is an important book for everyone to read, especially with all the rumblings of Russian hackers, data breeches on credit cards and social media accounts and all the other hacking and phreaking that’s going on right under our noses. Knowledge is power, and it is our best defense against those who seek to hurt us. This book will help you find your ammunition. This story about the development of computer cryptography is both fascinating and important. The book is very well-written, and very easy to read. Its importance lies in the fact that it explains the machinations of government agencies to prevent the masses from using strong cryptography, and how the good guys in the software industry were able to overcome the obstacles. So, if you need a good read, go ahead and grab a copy.
WEALTHSIMPLE ramped up its retirement plans by launching a portfolio with an allocation to cryptocurrency ETFs, and the Shiba Inu coin is back up.
This is a basic economic principle. If a cryptocurrency has a high token supply with little demand from traders and users, then the cryptocurrency’s value will drop. Conversely, if the supply of a particular cryptocurrency is limited and the demand is high, then the value of the coin will increase.
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Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor Cassill in the Xfinity Series in his JD Motorsports entry.
Bitcoin’s price has taken a wild ride so far in 2021, and in October set a new all-time high price for the second time this year. This second record high of the year follows a previous high point of $60,000 in April and a subsequent drop to less than $30,000 as recently as July. This volatility is a big part of why experts recommend keeping your crypto investments to less than 5% of your portfolio to begin with.
This week, Binance announced it is pairing up with BAM Trading Services — which Coindesk notes is FinCEN-registered and has links to Koi Compliance, which counts Binance as an investor — to launch a U.S. exchange “soon.” That will mean, however a level of disruption for some U.S. customers in the meantime.
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