256901
depri.base
@depri #256901
lfg bro
540 Follower 852 Following
🪙 Bitcoin's 'Illiquid' Supply Soars to New All-Time High Near 15M Tokens
The illiquid supply of Bitcoin, which refers to the number of bitcoins that are held in wallets and are unlikely to be sold, has reached a new all-time high of nearly 15 million tokens. This indicates that a significant portion of the total Bitcoin supply is not readily available for trading or spending, as it is being held by long-term investors or users who are not actively participating in the market.
The high level of illiquid supply suggests a growing level of scarcity and potential for increased price volatility in the Bitcoin market, as the available supply for trading and transactions is reduced. This development is likely to be of interest to Bitcoin investors and analysts, as it provides insights into the overall market dynamics and the potential impact on the price and adoption of the cryptocurrency.
The illiquid supply of Bitcoin, which refers to the number of bitcoins that are held in wallets and are unlikely to be sold, has reached a new all-time high of nearly 15 million tokens. This indicates that a significant portion of the total Bitcoin supply is not readily available for trading or spending, as it is being held by long-term investors or users who are not actively participating in the market.
The high level of illiquid supply suggests a growing level of scarcity and potential for increased price volatility in the Bitcoin market, as the available supply for trading and transactions is reduced. This development is likely to be of interest to Bitcoin investors and analysts, as it provides insights into the overall market dynamics and the potential impact on the price and adoption of the cryptocurrency.
lesgo claim
I just came to know about Purple DAO. It’s fascinating. You can also take the quiz, learn about Purple DAO, and earn some ETH
amswe: A D D B
amswe: A D D B
gm all
It turns out this is a photo of @superanon full body, who else should be in the photo, tag your friends
#fanart #art #anom
#fanart #art #anom
People love to shit on Base/FC memecoins as being cringe, but the fact is they are a lot more sophisticated.
Farcaster has done an incredible job at cultivating a strong ecosystem of incredibly smart builders which led to a lot of successful memecoins stem from builders introducing a novel mechanism or concept of what can a token represent.
You won’t get a Quant, Pnut or whatever other shitter, but something completely new which typically resonates with the right curve.
$DEGEN - new tipping mechanism
$HIGHER - headless brand
$CLANKER - launch tokens in a social feed
Many such cases
Long term bullish on this
Farcaster has done an incredible job at cultivating a strong ecosystem of incredibly smart builders which led to a lot of successful memecoins stem from builders introducing a novel mechanism or concept of what can a token represent.
You won’t get a Quant, Pnut or whatever other shitter, but something completely new which typically resonates with the right curve.
$DEGEN - new tipping mechanism
$HIGHER - headless brand
$CLANKER - launch tokens in a social feed
Many such cases
Long term bullish on this
Hi guys , I back after a little delay
@base Onchain Daily Snapshot (12/02/2024)
Active Addresses: 1.16M (+37.37%)
Transaction Count: 5.90M (-43.54%)
Total Value Locked (TVL): $11.43B (-1.72%)
Stable TVL: $3.31B (+0.30%)
Revenue: $600.94K (-21.93%)
Paid to L1: $2.02K (-98.53%)
Onchain Profit: $598.92K (-5.26%)
Transaction Cost: $0.021 (0.00%)
Summary: November 29 saw a significant decline in transaction count and revenue, alongside a substantial increase in active addresses. This suggests a shift in user behavior or a temporary cooldown in transactional activity. The sharp reduction in payments to Layer 1 might indicate fewer bridging activities or cost optimization strategies. Stable TVL growth hints at a small increase in confidence in stable assets, even as total TVL slightly declined. The unchanged transaction cost reflects stable network efficiency despite fluctuating usage metrics.
compare between 29 November and 2 December
@base Onchain Daily Snapshot (12/02/2024)
Active Addresses: 1.16M (+37.37%)
Transaction Count: 5.90M (-43.54%)
Total Value Locked (TVL): $11.43B (-1.72%)
Stable TVL: $3.31B (+0.30%)
Revenue: $600.94K (-21.93%)
Paid to L1: $2.02K (-98.53%)
Onchain Profit: $598.92K (-5.26%)
Transaction Cost: $0.021 (0.00%)
Summary: November 29 saw a significant decline in transaction count and revenue, alongside a substantial increase in active addresses. This suggests a shift in user behavior or a temporary cooldown in transactional activity. The sharp reduction in payments to Layer 1 might indicate fewer bridging activities or cost optimization strategies. Stable TVL growth hints at a small increase in confidence in stable assets, even as total TVL slightly declined. The unchanged transaction cost reflects stable network efficiency despite fluctuating usage metrics.
compare between 29 November and 2 December
hallo guys i back,
how are you?
how are you?
TOCD (@tocd) Bought Back OVER 150,000 $FOMO tokens. Guess where the price will go?
BuyBack increases the $FOMO (/omof) price. It makes $FOMO difficult to acquire.
$FOMO is available for staking and trading paired with $DEGEN
Share this cast and receive 30,000 $FOMO Tip allowance
BuyBack increases the $FOMO (/omof) price. It makes $FOMO difficult to acquire.
$FOMO is available for staking and trading paired with $DEGEN
Share this cast and receive 30,000 $FOMO Tip allowance
gm $DED
Claiming my @socialtoken airdrop and crediting @strangebed ones with my social airdrop for being a good friend
I am minting a Pixel Noun in Round 420.