What Are Smart Contracts?
#Smart contracts are self-executing contracts that use blockchain technology to automatically enforce the terms of an agreement. They are computer programs that run on a blockchain and can #facilitate, #verify, and #enforce the negotiation or performance of a contract without the need for intermediaries. Smart #contracts can be used in a wide range of applications, including finance, real estate, supply chain management, and more.
They are designed to be #secure, #transparent, and #tamper-proof, with all transactions being recorded on a public #ledger that is accessible to all parties involved. Smart contracts eliminate the need for intermediaries, reduce costs, increase efficiency, and improve the overall #transparency and #trustworthiness of transactions.
Smart contracts have the potential to revolutionize the way we conduct business and interact with each other. They offer greater #transparency, #security, and efficiency, and can help reduce the #costs and risks associated with traditional contract enforcement.
Benefits of Smart Contracts ?
Distributed β> Smart contracts are replicated and distributed in all nodes of the #Ethereum network. This is one of the major differences from other solutions that are based on #centralized servers.
Deterministic β> Smart contracts only perform the actions they were designed to, given the requirements are met. Also, the outcome will always be the same, no matter who executes them.
Immutable β> Smart contracts can't be changed after deployed. They can only be "Deleted" if a particular function was previously implemented. Thus, we may say that smart contracts can provide tamper-proof code.
Customizable β> Before deployment, smart contracts can be coded in many different ways. So, they can be used to create many types of #Decentralized applications (#DApps).
Trustless β> Two or more parties can interact via smart contracts without knowing or trusting each other. In addition, #blockchain technology ensures that data is accurate.
Transparent β> Since smart contracts are based on a #public blockchain, their source code is not only #immutable but also visible to anyone.
#Smart contracts are self-executing contracts that use blockchain technology to automatically enforce the terms of an agreement. They are computer programs that run on a blockchain and can #facilitate, #verify, and #enforce the negotiation or performance of a contract without the need for intermediaries. Smart #contracts can be used in a wide range of applications, including finance, real estate, supply chain management, and more.
They are designed to be #secure, #transparent, and #tamper-proof, with all transactions being recorded on a public #ledger that is accessible to all parties involved. Smart contracts eliminate the need for intermediaries, reduce costs, increase efficiency, and improve the overall #transparency and #trustworthiness of transactions.
Smart contracts have the potential to revolutionize the way we conduct business and interact with each other. They offer greater #transparency, #security, and efficiency, and can help reduce the #costs and risks associated with traditional contract enforcement.
Benefits of Smart Contracts ?
Distributed β> Smart contracts are replicated and distributed in all nodes of the #Ethereum network. This is one of the major differences from other solutions that are based on #centralized servers.
Deterministic β> Smart contracts only perform the actions they were designed to, given the requirements are met. Also, the outcome will always be the same, no matter who executes them.
Immutable β> Smart contracts can't be changed after deployed. They can only be "Deleted" if a particular function was previously implemented. Thus, we may say that smart contracts can provide tamper-proof code.
Customizable β> Before deployment, smart contracts can be coded in many different ways. So, they can be used to create many types of #Decentralized applications (#DApps).
Trustless β> Two or more parties can interact via smart contracts without knowing or trusting each other. In addition, #blockchain technology ensures that data is accurate.
Transparent β> Since smart contracts are based on a #public blockchain, their source code is not only #immutable but also visible to anyone.
What is Coin Burn ?
Coin #burn, also known as token burning, is a process in which a certain amount of #cryptocurrency or tokens are permanently removed from circulation by being destroyed or #deleted. The process involves sending the coins or tokens to an #address that has no #private key, effectively rendering them unusable and removing them from the total supply.
What's the Use of Coin Burn ?
Token burning is often used by #blockchain projects as a mechanism for managing the supply of their tokens, and can be implemented in a number of ways. For example, some projects may choose to #burn a percentage of their tokens every time a transaction is processed on their network, while others may burn tokens as part of a #buyback program.
Token burning can also be used as a way to #reward token #hodlers. In some cases, a portion of the tokens that are burned may be redistributed to existing token holders, either as a direct distribution or as a reduction in the circulating #supply.
Overall, coin burn is a common practice in the cryptocurrency industry and can be used for various reasons. While it may not be appropriate for every project or #cryptocurrency, it can be an effective tool for managing #supply, managing #inflation, and rewarding #token holders.
Coin #burn, also known as token burning, is a process in which a certain amount of #cryptocurrency or tokens are permanently removed from circulation by being destroyed or #deleted. The process involves sending the coins or tokens to an #address that has no #private key, effectively rendering them unusable and removing them from the total supply.
What's the Use of Coin Burn ?
Token burning is often used by #blockchain projects as a mechanism for managing the supply of their tokens, and can be implemented in a number of ways. For example, some projects may choose to #burn a percentage of their tokens every time a transaction is processed on their network, while others may burn tokens as part of a #buyback program.
Token burning can also be used as a way to #reward token #hodlers. In some cases, a portion of the tokens that are burned may be redistributed to existing token holders, either as a direct distribution or as a reduction in the circulating #supply.
Overall, coin burn is a common practice in the cryptocurrency industry and can be used for various reasons. While it may not be appropriate for every project or #cryptocurrency, it can be an effective tool for managing #supply, managing #inflation, and rewarding #token holders.
What is PoW (Proof of Work) ?
#Proof of Work (#PoW) is a consensus #mechanism used by many #blockchain networks to validate transactions and add new blocks to the #chain. In a PoW system, nodes on the #network compete to solve complex mathematical problems, with the first node to #solve the problem being rewarded with a block of #transactions that is added to the blockchain.
The process of solving the #mathematical problem requires significant #computational power, which is provided by the #nodes on the network. Nodes that participate in the PoW process are called #miners, and they use specialized hardware and software to perform the calculations necessary to #solve the problem.
Once a miner successfully solves the problem, they #broadcast the solution to the network, along with a list of valid transactions. Other nodes on the network then validate the solution and the transactions, and if everything is correct, the new #block is added to the blockchain.
PoW systems are designed to be #secure and resistant to attacks. However, PoW can be resource-intensive and require a significant amount of #energy to operate.
Some well-known #cryptocurrencies that use PoW include #Bitcoin, #Ethereum, and #Litecoin. These networks rely on PoW to maintain the integrity of the blockchain and ensure that transactions are processed in a secure and #decentralized manner.
#Proof of Work (#PoW) is a consensus #mechanism used by many #blockchain networks to validate transactions and add new blocks to the #chain. In a PoW system, nodes on the #network compete to solve complex mathematical problems, with the first node to #solve the problem being rewarded with a block of #transactions that is added to the blockchain.
The process of solving the #mathematical problem requires significant #computational power, which is provided by the #nodes on the network. Nodes that participate in the PoW process are called #miners, and they use specialized hardware and software to perform the calculations necessary to #solve the problem.
Once a miner successfully solves the problem, they #broadcast the solution to the network, along with a list of valid transactions. Other nodes on the network then validate the solution and the transactions, and if everything is correct, the new #block is added to the blockchain.
PoW systems are designed to be #secure and resistant to attacks. However, PoW can be resource-intensive and require a significant amount of #energy to operate.
Some well-known #cryptocurrencies that use PoW include #Bitcoin, #Ethereum, and #Litecoin. These networks rely on PoW to maintain the integrity of the blockchain and ensure that transactions are processed in a secure and #decentralized manner.
What is PoS (Proof of Work) ?
Proof of Stake (#PoS) is a consensus #algorithm used in #blockchain networks as an alternative to Proof of Work (#PoW). It is used to validate transactions and add new #blocks to the blockchain.
In #PoS, #validators or nodes are selected based on the amount of cryptocurrency they hodl or "#stake" in the network. The more cryptocurrency a validator hodls, the higher their chances of being chosen to validate the next block. This is in contrast to PoW, where miners compete to solve complex mathematical problems in order to# validate the next block.
The process of block validation in PoS is called #forging, and the validators who are chosen to forge the next block are responsible for validating #transactions and adding them to the blockchain. Validators are incentivized to act honestly and perform their duties correctly, as they can lose their stake in the #network if they are found to be malicious or negligent.
One of the advantages of #PoS is that it is more #energy-efficient than PoW, as it does not require the use of specialized #hardware to perform the validation process. It also allows for a greater level of #decentralization, as more individuals can participate in the network as validators.
However, #PoS also has its limitations. For example, it can be vulnerable to# attacks if a single entity or group of entities holds a large percentage of the total #cryptocurrency in the network. It also requires a certain level of #trust in the validators, as they have the power to validate transactions and add them to the blockchain.
Proof of Stake (#PoS) is a consensus #algorithm used in #blockchain networks as an alternative to Proof of Work (#PoW). It is used to validate transactions and add new #blocks to the blockchain.
In #PoS, #validators or nodes are selected based on the amount of cryptocurrency they hodl or "#stake" in the network. The more cryptocurrency a validator hodls, the higher their chances of being chosen to validate the next block. This is in contrast to PoW, where miners compete to solve complex mathematical problems in order to# validate the next block.
The process of block validation in PoS is called #forging, and the validators who are chosen to forge the next block are responsible for validating #transactions and adding them to the blockchain. Validators are incentivized to act honestly and perform their duties correctly, as they can lose their stake in the #network if they are found to be malicious or negligent.
One of the advantages of #PoS is that it is more #energy-efficient than PoW, as it does not require the use of specialized #hardware to perform the validation process. It also allows for a greater level of #decentralization, as more individuals can participate in the network as validators.
However, #PoS also has its limitations. For example, it can be vulnerable to# attacks if a single entity or group of entities holds a large percentage of the total #cryptocurrency in the network. It also requires a certain level of #trust in the validators, as they have the power to validate transactions and add them to the blockchain.
What is #PoI (Proof of Importance) ?
"Proof of Importance" is a #consensus mechanism used in #blockchain technology to validate and verify transactions on a network. It is used in the #NEM cryptocurrency network, which is based on the "#Importance" score of network participants rather than their #computing power (as in the case of Proof of Work) or their stake in the network (as in the case of Proof of Stake).
In the #Proof of Importance mechanism, the Importance score is determined by the amount of #NEM coins held by the user, as well as the number of transactions they have made in the network. The more coins held by the user and the more #transactions they have made, the higher their Importance score. This score is used to determine the likelihood that a particular user will be chosen to create the next block in the #blockchain.
The Proof of Importance #mechanism is designed to incentivize active participation in the network and discourage hoarding of #coins. It also allows for a more #decentralized network since users with a higher Importance #score are more likely to be chosen to validate transactions, rather than those with a large amount of computing power or #stake in the network. In other words, consensus reward users who actively transact in a cryptocurrency by prioritizing miners based on the amounts and sizes of transactions made from their wallets. A proof of importance system may account for additional factors, such as the wallets to and from which transactions are made.
"Proof of Importance" is a #consensus mechanism used in #blockchain technology to validate and verify transactions on a network. It is used in the #NEM cryptocurrency network, which is based on the "#Importance" score of network participants rather than their #computing power (as in the case of Proof of Work) or their stake in the network (as in the case of Proof of Stake).
In the #Proof of Importance mechanism, the Importance score is determined by the amount of #NEM coins held by the user, as well as the number of transactions they have made in the network. The more coins held by the user and the more #transactions they have made, the higher their Importance score. This score is used to determine the likelihood that a particular user will be chosen to create the next block in the #blockchain.
The Proof of Importance #mechanism is designed to incentivize active participation in the network and discourage hoarding of #coins. It also allows for a more #decentralized network since users with a higher Importance #score are more likely to be chosen to validate transactions, rather than those with a large amount of computing power or #stake in the network. In other words, consensus reward users who actively transact in a cryptocurrency by prioritizing miners based on the amounts and sizes of transactions made from their wallets. A proof of importance system may account for additional factors, such as the wallets to and from which transactions are made.
What is #PoT (Proof of Time) ?
Proof of Time (#PoT) is a consensus algorithm used in some #cryptocurrencies to validate transactions and add new blocks to the #blockchain. It is a type of proof-of-resource #consensus mechanism, uses time as the resource instead of #computing power or stake.
In #PoT, participants must show that they have waited for a certain #amount of time before they can participate in the consensus process. This waiting period ensures that participants have invested real time and resources into the network, and helps to prevent #attacks such as double-spending or #blockchain reorganizations.
To participate in the consensus process, participants must first wait for a certain amount of time, which can vary depending on the #cryptocurrency and the network's #configuration. Once the waiting period has #elapsed, participants can then validate transactions and earn block #rewards by providing valid proofs of their participation in the consensus #process.
Proof of Time (#PoT) is a consensus algorithm used in some #cryptocurrencies to validate transactions and add new blocks to the #blockchain. It is a type of proof-of-resource #consensus mechanism, uses time as the resource instead of #computing power or stake.
In #PoT, participants must show that they have waited for a certain #amount of time before they can participate in the consensus process. This waiting period ensures that participants have invested real time and resources into the network, and helps to prevent #attacks such as double-spending or #blockchain reorganizations.
To participate in the consensus process, participants must first wait for a certain amount of time, which can vary depending on the #cryptocurrency and the network's #configuration. Once the waiting period has #elapsed, participants can then validate transactions and earn block #rewards by providing valid proofs of their participation in the consensus #process.
What Are #Bitcoin Ordinals?
The #Ordinals protocol is a system for numbering #satoshis, giving each satoshi a serial number and tracking them across #transactions. Simply put, ordinals allows users to make individual satoshis unique by attaching extra data to them. This process is known as βinscriptionβ.
Satoshis are numbered based on the order in which they were #mined and transferred. The numbering scheme relies on the order satoshis are mined, while the transfer scheme relies on the order of transaction #inputs and #outputs. Hence the name, βordinalsβ.
While traditional #NFTs are similar to ordinals in some ways, there are a few key differences. NFTs have typically been made using smart #contracts on blockchains such as #Ethereum, #Solana, and the #BNB Smart Chain, and sometimes, the assets they represent are hosted elsewhere.
Conversely, ordinals are inscribed directly onto individual #satoshis, which are then included in blocks on the #Bitcoin #blockchain. Ordinals reside fully on the blockchain and do not require a sidechain or separate token. In this sense, ordinal inscriptions inherit the #simplicity, #immutability, #security, and #durability of Bitcoin itself.
The #Ordinals protocol is a system for numbering #satoshis, giving each satoshi a serial number and tracking them across #transactions. Simply put, ordinals allows users to make individual satoshis unique by attaching extra data to them. This process is known as βinscriptionβ.
Satoshis are numbered based on the order in which they were #mined and transferred. The numbering scheme relies on the order satoshis are mined, while the transfer scheme relies on the order of transaction #inputs and #outputs. Hence the name, βordinalsβ.
While traditional #NFTs are similar to ordinals in some ways, there are a few key differences. NFTs have typically been made using smart #contracts on blockchains such as #Ethereum, #Solana, and the #BNB Smart Chain, and sometimes, the assets they represent are hosted elsewhere.
Conversely, ordinals are inscribed directly onto individual #satoshis, which are then included in blocks on the #Bitcoin #blockchain. Ordinals reside fully on the blockchain and do not require a sidechain or separate token. In this sense, ordinal inscriptions inherit the #simplicity, #immutability, #security, and #durability of Bitcoin itself.
What Is Taproot in #Bitcoin ?
#Taproot is a soft #fork that improves Bitcoinβs scripts to increase privacy, efficiency, and the networkβs ability to process smart #contracts. It is considered the most significant Bitcoin upgrade since the #SegWit upgrade in 2017.
The #Taproot upgrade consists of 3 distinct Bitcoin Improvement Proposals (BIP), including Taproot, #Tapscript, and its core - the new digital signature scheme called #Schnorr signatures. Taproot aims to bring several benefits to Bitcoin users, such as enhanced transaction #privacy and lower transaction fees. It will also enable #Bitcoin to execute more complex transactions and potentially widen its use cases to compete with #Ethereum, especially on smart contract capabilities and supporting Decentralized Finance (#DeFi) and non-fungible token (NFT) on the network.
How does Taproot benefit #Bitcoin?
β> Improve network #scalability by reducing the amount of data to be transferred and stored on the #blockchain.
β> More transactions per block (higher #TPS rate).
β> Lower transaction #fees.
#Taproot is a soft #fork that improves Bitcoinβs scripts to increase privacy, efficiency, and the networkβs ability to process smart #contracts. It is considered the most significant Bitcoin upgrade since the #SegWit upgrade in 2017.
The #Taproot upgrade consists of 3 distinct Bitcoin Improvement Proposals (BIP), including Taproot, #Tapscript, and its core - the new digital signature scheme called #Schnorr signatures. Taproot aims to bring several benefits to Bitcoin users, such as enhanced transaction #privacy and lower transaction fees. It will also enable #Bitcoin to execute more complex transactions and potentially widen its use cases to compete with #Ethereum, especially on smart contract capabilities and supporting Decentralized Finance (#DeFi) and non-fungible token (NFT) on the network.
How does Taproot benefit #Bitcoin?
β> Improve network #scalability by reducing the amount of data to be transferred and stored on the #blockchain.
β> More transactions per block (higher #TPS rate).
β> Lower transaction #fees.
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
What is #Unlabelled Miners ?
#Unlabeled #miners refer to the anonymous or unidentified participants in a #cryptocurrency network who are mining blocks but have not been publicly associated with any specific mining #pool or entity. In many blockchain networks, miners are typically associated with specific #mining pools or known entities that publicly #disclose their participation in the network.
Unlabeled miners, on the other hand, operate #independently without publicly declaring their identity or #affiliation. Their mining activities can be observed on the #blockchain as they contribute #computational power to validate transactions and secure the network. However, their specific identities or affiliations are not disclosed or #publicly known.
The presence of unlabeled miners adds to the decentralized nature of the network, as it #demonstrates that there are independent miners contributing to the consensus mechanism without necessarily being part of a larger mining pool. These #miners may choose to remain anonymous for various reasons, such as #privacy concerns, #competitive advantage, or #personal preferences.
It's worth noting that the #anonymity of miners can vary across different blockchain #networks. Some networks prioritize #transparency and require miners to publicly disclose their #identities or affiliations, while others allow for greater #anonymity and participation as unlabeled #miners.
#Unlabeled #miners refer to the anonymous or unidentified participants in a #cryptocurrency network who are mining blocks but have not been publicly associated with any specific mining #pool or entity. In many blockchain networks, miners are typically associated with specific #mining pools or known entities that publicly #disclose their participation in the network.
Unlabeled miners, on the other hand, operate #independently without publicly declaring their identity or #affiliation. Their mining activities can be observed on the #blockchain as they contribute #computational power to validate transactions and secure the network. However, their specific identities or affiliations are not disclosed or #publicly known.
The presence of unlabeled miners adds to the decentralized nature of the network, as it #demonstrates that there are independent miners contributing to the consensus mechanism without necessarily being part of a larger mining pool. These #miners may choose to remain anonymous for various reasons, such as #privacy concerns, #competitive advantage, or #personal preferences.
It's worth noting that the #anonymity of miners can vary across different blockchain #networks. Some networks prioritize #transparency and require miners to publicly disclose their #identities or affiliations, while others allow for greater #anonymity and participation as unlabeled #miners.
What is Fork in Crypto ?
a #Fork refers to a significant change or divergence in the protocol of a blockchain network. It is a term used to describe the splitting of a #blockchain into two separate paths, each following its own set of rules.
There are two main types of forks: hard forks and soft forks.
#Hard Fork: A hard fork involves a substantial change in the protocol that is not #backward-compatible. It creates a permanent #divergence in the blockchain, resulting in two separate chains. #Nodes or participants who do not upgrade to the new protocol will continue to follow the old chain, while those who adopt the changes will follow the new chain. Hard forks often lead to the creation of new #cryptocurrencies with their own separate blockchain.
#Soft Fork: A soft fork, on the other hand, is a backward-compatible upgrade to the #protocol. It introduces changes that are compatible with the #existing rules, allowing nodes that have not #upgraded to continue validating transactions on the updated blockchain. In a soft fork, the blockchain remains as a single unified #chain, but nodes that have upgraded will enforce additional rules.
a #Fork refers to a significant change or divergence in the protocol of a blockchain network. It is a term used to describe the splitting of a #blockchain into two separate paths, each following its own set of rules.
There are two main types of forks: hard forks and soft forks.
#Hard Fork: A hard fork involves a substantial change in the protocol that is not #backward-compatible. It creates a permanent #divergence in the blockchain, resulting in two separate chains. #Nodes or participants who do not upgrade to the new protocol will continue to follow the old chain, while those who adopt the changes will follow the new chain. Hard forks often lead to the creation of new #cryptocurrencies with their own separate blockchain.
#Soft Fork: A soft fork, on the other hand, is a backward-compatible upgrade to the #protocol. It introduces changes that are compatible with the #existing rules, allowing nodes that have not #upgraded to continue validating transactions on the updated blockchain. In a soft fork, the blockchain remains as a single unified #chain, but nodes that have upgraded will enforce additional rules.
What is #DeFi ?
#DeFi, short for Decentralized Finance, refers to a category of financial applications and platforms built on #blockchain technology. It aims to recreate traditional financial systems and services, such as lending, borrowing, trading, and investing, in a #decentralized and permissionless manner, without the need for intermediaries like banks or #financial institutions.
In #DeFi, smart contracts are used to automate and execute financial transactions, allowing users to interact directly with the protocol using their digital assets. This eliminates the need for traditional intermediaries, reduces costs, and provides greater accessibility and financial inclusivity.
Key characteristics of #DeFi include open and transparent protocols, #permissionless access, composability (the ability to combine different #DeFi protocols and services), and the use of cryptocurrency or digital assets as #collateral or means of exchange.
#DeFi has gained significant popularity and growth in recent years, offering users opportunities to earn passive income, participate in #yield farming, access decentralized exchanges, and engage in other #innovative financial activities within the cryptocurrency #ecosystem.
#DeFi, short for Decentralized Finance, refers to a category of financial applications and platforms built on #blockchain technology. It aims to recreate traditional financial systems and services, such as lending, borrowing, trading, and investing, in a #decentralized and permissionless manner, without the need for intermediaries like banks or #financial institutions.
In #DeFi, smart contracts are used to automate and execute financial transactions, allowing users to interact directly with the protocol using their digital assets. This eliminates the need for traditional intermediaries, reduces costs, and provides greater accessibility and financial inclusivity.
Key characteristics of #DeFi include open and transparent protocols, #permissionless access, composability (the ability to combine different #DeFi protocols and services), and the use of cryptocurrency or digital assets as #collateral or means of exchange.
#DeFi has gained significant popularity and growth in recent years, offering users opportunities to earn passive income, participate in #yield farming, access decentralized exchanges, and engage in other #innovative financial activities within the cryptocurrency #ecosystem.
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.