crypto2023

According to a screenshot posted by Shiba Inu marketing team member Lucie on the X platform, Shiba Inu lead developer Shytoshi Kusama said in the Telegram group "Shibarium Tech" that a "game-changing announcement" would be released soon, and he would be very angry if the community started FUD because of this.
Since the transaction fees on Shibarium totaled 1,351,496 BONE, equivalent to $1,212,940 (BONE will be converted into SHIB, and then part of the SHIB tokens will be destroyed), some netizens suggested that the SHIB community should not only destroy the relevant SHIB tokens, but also start destroying the BONE tokens (the part used to pay the transaction fees). Kusama responded: "No. Only destroy SHIB." (U.Today)

Introduction

Pulse Chain (PLS) and Hex are both cryptocurrencies that have gained a lot of attention in recent times. While Hex has been around for a while and has proven to be a successful investment for many, Pulse Chain is a new player in the game that is generating a lot of buzz. In this article, we will explore three reasons why Pulse Chain (PLS) will perform better than Hex.

Faster and Cheaper Transactions

One of the main advantages that Pulse Chain has over Hex is the speed and cost of transactions. Pulse Chain is built on the Ethereum blockchain, which means that it benefits from the same speed and low transaction fees as Ethereum. On the other hand, Hex is built on its own blockchain, which has been criticized for being slow and expensive. With faster and cheaper transactions, Pulse Chain is likely to be more attractive to investors and traders.

More Secure Network

Pulse Chain is designed to be more secure than Hex. It uses the latest security protocols to ensure that transactions are safe and secure. Hex, on the other hand, has been criticized for its lack of security measures. This could be a major concern for investors who are looking for a secure platform to invest their money.

Community Support

Another advantage that Pulse Chain has over Hex is its strong community support. Pulse Chain has a large and active community that is dedicated to the success of the project. This community has helped to promote the project and generate buzz around it. Hex, on the other hand, has a smaller community that is not as active. This could make it more difficult for Hex to gain traction and compete with other cryptocurrencies in the market.

Closing Thought

In conclusion, Pulse Chain (PLS) has several advantages over Hex that make it a more attractive investment option. With faster and cheaper transactions, better security measures, and strong community support, Pulse Chain is well-positioned to perform better than Hex in the cryptocurrency market. However, as with any investment, it is important to do your research and make informed decisions based on your individual needs and goals.

#PLS #Hex #Binance #crypto2023 #BTC

At the time of writing, the king of cryptocurrencies is finding buyers at $26,000. However, the cumulative volume of crypto has decreased to $14 billion. The lack of interest has led to significant sideways movement in price over the weekend. On the other hand, Bitcoin miners have set a new record. So, will this have an impact on the price?

Bitcoin Mining

Despite the decline in price, Bitcoin miners are increasing their activities with about 6 months left until the halving. Mining activities of Bitcoin provide vital clues about the network’s health and profitability in the mining sector, and are constantly monitored by experts in the crypto ecosystem. According to the on-chain analysis company Glassnode, the network hash rate reached its highest level in the last 4 months on August 26. The previous 4-month peak was recorded more than a month ago on July 7.

The increase in hash rate is an extremely positive development for the security of the network. More active miners contribute to decentralization. The participation of more miners or the use of more efficient machines usually leads to an increase in this metric.

Bitcoin Hash Rate

The jump in hash rate has pushed mining difficulty to an all-time high last week. Mining difficulty is automatically adjusted approximately every two weeks to keep the total block time at 10 minutes.

Analysts from Bitfinex have revealed that the increase in mining difficulty is due to miners’ expectations of a rise in Bitcoin price. Miners are among the largest investor groups, and their market history is much older than that of an average investor. Experience, knowledge, and advanced analytical capacity give hope to investors at this point.

In their recent evaluation, analysts said:

“Miners can be sure that the price of Bitcoin will eventually recover. This deviation can be seen as just a deviation from its true value. Therefore, making more resource investments to mine Bitcoin at these prices can be quite profitable for them.”

Analysts also pointed out that miners are delaying the sale of their assets due to their belief in the growth potential of BTC. Glassnode’s data supports these views. We can see that the total supply held in miner addresses reached a high level of 1.83 million as of August 26.

It should be noted that miners often make cash outflows to cover mining and energy costs. The delay in liquidations typically indicates their expectation of further strengthening of the Bitcoin price.

#crypto2023 #binacefeed $BTC