Airdrops often drive short-term hype but can lead to volatility. The value of airdropped tokens depends on the project's long-term potential, token utility, and adoption. Strong teams and clear use cases are key for sustainability.
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The Lightning Network is a layer-2 solution designed to improve Bitcoin’s scalability by enabling faster and cheaper transactions. It operates off-chain, meaning transactions occur outside the main blockchain and only settle on-chain when necessary. This reduces congestion, lowers fees, and speeds up transaction times, making Bitcoin more suitable for everyday use. While it doesn’t completely solve Bitcoin’s scalability challenges, it helps ease the burden on the main network, improving overall efficiency and usability, which could contribute to Bitcoin’s mainstream adoption as a payment method.
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Large buy orders at support levels or big sell orders at resistance levels act as indicators of price barriers. If a large buy order is placed, it suggests strong demand at that level, potentially leading to a price increase if the order is absorbed. Conversely, large sell orders can create resistance, limiting upward price movement. Monitoring the order book for these significant orders can help traders identify key support and resistance levels, giving them insight into potential price breakouts or reversals.
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