As the NFT ecosystem progress in a rapid pace, the traditional financial system had failed to accommodate its financial needs. Conservative approach, lack of vision and a conflict of interest, led the financial system to reject the Web3 ideas.
โฌ๏ธ
1/ Rarible is the 1st NFT marketplace to adopt veTokenomics.
It comes at a crucial point.
Daily trading volume has dropped to just $425 USD and only 146 traded in the past 24 hours.
Will $veRari help to reverse the trend?
I lost my ape today.. last month i took out a loan for 18.5e on my ape. Last week the lender and I agreed to extend the loan thru discord. today when i offered the extension he ignored it and instead defaulted my ape and now refuses to work out an extension.
If you were told three years ago that there would be a whole new class asset on the blockchain with assets worth more than 6 billion dollars, a monthly trade volume of more than one hundred million dollars, and more than 1.5 million users, you would have thought it's a fantasy
โฌ๏ธ
Indeed the market is down in comparisonย to the 2021-2022 bull run, but the NFT space still blows way above expectations๐คฏ
Survive these market conditions and the paranoid outcry, and you'll be well rewarded on the other side๐ซ
#Bullrun#BearMarket2022#NFTCommunity
If you were told three years ago that there would be a whole new class asset on the blockchain with assets worth more than 6 billion dollars, a monthly trade volume of more than one hundred million dollars, and more than 1.5 million users, you would have thought it's a fantasy
โฌ๏ธ
According to @Forbes recent research more than half of all Bitcoin trades are Wash Trades - meaning they are fake.
Let's explore what is Wash Trading and why it should concern you
๐งต
1/8
if you're curious how to trade fomc
https://t.co/ttnFnFuFIE
you will want to be checking the statement which comes out at 2pm est and the press conference which is usually 2:30pm est
for statement, check fed funds rate increase
for press conference, listen to powell talk
๐ฅ
According to @Forbes recent research more than half of all Bitcoin trades are Wash Trades - meaning they are fake.
Let's explore what is Wash Trading and why it should concern you
๐งต
1/8
While the anonymity of traders in the cryptocurrency space makes it difficult to notice a wash trade, checking for the affiliation of the wallets used in a collection's trades may raise red flags on the authenticity of these trades.
8/8