With only five days left before the Bitcoin halving, potential buyers are getting cold feet due to the price volatility. However, buyers are willing to take short-term exposure to risk when it comes to new airdrops, mints, and tokens with the lowest possible price. Toncoin is one of the platforms offering those opportunities, but buyers are also flocking to the DeeStream presale, which has a 50X growth potential and solid token utility.
Bitcoin Miners in No Hurry for Halving
Bitcoin miners are not overdoing their activity, meaning there are five more days of block time until the halving. The event has already been hyped and is considered key to the 2024 bull rally. However, with the recent correction, Bitcoin’s halving event may have a relatively small effect on the price.
The halving will bring scarcity for new coins, but there is plenty of Bitcoin still available for sale. Inflows to exchanges have been positive in the last week, signaling readiness to sell and lock in profits. At the same time, large-scale entities are also buying, taking up to 400 Bitcoin off the market in a single deal.
In 2024, Bitcoin may also benefit from its decentralized ecosystem. Ordinals grew in value, and new projects may try to use the Bitcoin protocol to build decentralized exchanges and liquidity pools.
Toncoin Aims to Survive with Meme Hype
Toncoin, the native Telegram asset, is betting on its lively community for a boost in popularity. Toncoin was also an outlier, rising to $6.58 in the middle of the market correction. Having Toncoin may open access to new mints and airdrops, boosting hype and presence on social media.
One of the main reasons for the attention toward Toncoin is the appearance of new meme tokens. As with
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