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Glassnode: Bitcoin has been in a consolidation period for 5 months now. Short-term holders traditionally sell at a loss, long-term holders either buy or do nothing. Such consolidation periods are usually observed before a significant increase in volatility. We are watching)) π
While the market is experiencing panic selling and huge trading volumes (and liquidations) at established minimums. Usually such situations occur at the climax of the movement. In addition, there are rumors that the FRS will soon intervene and help stabilize the situation. But until this happens, we can invest cash and gradually select assets at favorable prices for our portfolio.
Gm π
Vitalik Buterin put forward the idea of ββusing airdrops as a tool for testing blockchain identification systems. According to Buterin, blockchain systems will verify users based on their activity, and tokens will be received not by random people, but by cryptocurrencies interested in the development of the project. Additionally, Buterin suggests implementing a mechanism for selling tokens at a discount. Such a strategy will attract users who are genuinely interested in the success of the project, which will ultimately strengthen its foundation. What do you think?