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Insights from the $PNS Meme Token
This time in the crypto market, a trend of meme coins is ongoing and some of the coins performed pretty well. Although it is never recommended to invest in meme coins because these are highly risky and you may lose your investment, a small amount can be used for investment if you can take some risk. Invest what you can afford to lose and should not be a big part of your portfolio. You can check more about PNS meme token
Bitcoin Halving is over and the price of Bitcoin is slightly down in the market. Bitcoin emission was 6.25 BTC before halving and now its dropped to 3.125 BTC per block post-halving. The halving mechanism is designed in such a way and it happens once in 4 years. This was started as the reward of 50 BTC per block as the mining reward after the Bitcoin blockchain was launched. Currently, bitcoin is in the 9th rank as per its marketcap in the list of global assets/companies.
Ethereum price is slightly down and now there is a news update that approx $500 worth of Ethereum has been transferred to one of the wallets that Justin Sun owns. Is he planning to sell this amount? If yes then we need to be ready to see more dumps coming on the way. Ideally, we should wait after such an update to see if this happens. Its time to keep an eye on the market
We can see in many countries, that interest rates are rising, and also the govt debts are increasing. Along with this we also see the geopolitical differences between countries. All this is leading to a war-like situation and that too when some countries are already at war. Its known that war is never the solution to any problem but sometimes its difficult to avoid it. It is now expected that financing for oil and gas projects will continue and some countries are playing an important role in this business.
Hyperinflation is an economic situation that affects many countries. The world is going through a difficult economic situation and its hard to say how things will be in this year or the next year. Looking at the global front it seems that its not going to improve this year and some countries might be affected in a big way because of the ongoing economic crisis. Check more about this in this article
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