Bitcoin HODLers on the rise! 📈
New data shows that 70% of all #Bitcoin hasn't moved in 6 months!!!
That's a whole lotta HODLing going on!

Check out the graph below!

#bitcoin☀️ #HODLHODL #CryptocurrencyLaunch #Blockchain #Investment #Tribeacademy

Solana is Leading Interest in Chain-Specific Narratives

The Solana ecosystem has emerged as the most popular blockchain ecosystem so far this year, accounting for 49.3% of global crypto investor interest in chain-specific narratives. Solana ecosystem’s dominant mindshare has been fueled by Solana’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as Pyth and native meme coins such as dogwifhat.

Meanwhile, the Ethereum ecosystem has captured 12.7% of investor interest, ranking it as the second most popular blockchain ecosystem in 2024. This is likely because Ethereum is already well-established as an ecosystem and familiar to investors, such that it is no longer considered a new, trending crypto narrative. At the same time, attention towards the Ethereum ecosystem is increasingly dispersed across the layer 2 ecosystems building on top of it.

The third most popular blockchain ecosystem is crypto exchange Binance’s BNB Smart Chain ecosystem, which holds a 5.4% share of investor interest year to date (YTD). As with the Solana ecosystem, the BNB Chain ecosystem has continued to capture mindshare on the back of BNB’s price rallying near to its all-time high.

#sol #Memecoins #BullorBear

Why does discussing cryptocurrency give me chills every time?

I recently did a 4-hour offline workshop on the complete syllabus of Web3 for a houseful audience in Kerala. Tribe Academy went OFFLINE 😁 with CoinEx Global.

Out of about 40 slides, I focused on the fundamentals of investing and cryptocurrency trading because that is what the audience requested.

This is a topic that never fails to excite me. Perhaps it's because investing early in crypto transformed my life after hitting rock bottom. Or i see the immense potential of this technology, which is destined to be the foundation of emerging technology. Or perhaps both ?

#HotTrends #BTC #CryptoTradingSuccess

How Many Countries Have Defined Crypto Laws?

Only 62 (52.1%) of the 119 countries where cryptocurrency is legal have comprehensive regulations. This number has gone up by 53.2% since 2018 when only 33 jurisdictions had cryptocurrency regulations. 

Among the 62 countries with established regulations, 36 (58.0%) are individual countries, 22 (35.5%) are part of the European Union (EU), and 4 (6.5%) are British Overseas Territories. Notably, half of these countries are advanced economies, while the remaining half are emerging and developing economies.

Half of the countries that have legalized cryptocurrency have yet to implement robust regulatory frameworks. This gap between legalization and full regulation raises potential concerns about investor protection and clarity for businesses operating in the cryptocurrency space in those countries. 

#CryptoPredictions #CryptoBullRun

Where Is Cryptocurrency Legal?

Europe Leads With 39 Countries Recognizing Crypto’s Legitimacy

Europe is at the forefront of global cryptocurrency legalization, with 39 (95.1%) out of 41 analyzed countries acknowledging its legitimacy. North Macedonia is the only European country where cryptocurrency is illegal, while Moldova's status remains unclear.
Out of 31 countries in the Americas, 24 (77.4%) countries recognize cryptocurrency as legal. Bolivia stands as the sole exception, deeming cryptocurrency illegal. Six American countries - Guatemala, Guyana, Haiti, Nicaragua, Paraguay, and Uruguay - have yet to establish their official stance on cryptocurrency.
In Africa, only 17 out of 44 (38.6%) countries have legalized cryptocurrency, while 35 (77.7%) out of 45 countries in Asia recognize cryptocurrency as legal.

#CryptoPredictions #CryptoBullRun #MarketDynamics

Countries Where Cryptocurrency Is Legal vs Illegal

Cryptocurrency is currently legal in 119 countries and four British Overseas Territories. This means more than half of the world's countries have legalized cryptocurrency. 64.7% of countries that have legalized crypto are emerging and developing countries from the Asian and African continents. 

However, out of the 119 countries that legalized cryptocurrency, 20 (16.8%) have imposed bank bans. These bans restrict financial institutions from interacting with cryptocurrency exchanges or users.

$BTC
#CryptoBullRun #CryptoPredictions

How Many Web3 Games Have Failed?

After the success of CryptoKitties in late 2017, play to earn (P2E) gaming became a popular crypto narrative. As a result, 422 web3 games were launched in 2018, but 307 failed in the same year.
However, GameFi development and interest slowed amid the 2019 to 2020 bear market. Only 244 web3 games were launched during these two years. At the same time, the failure rate of web3 games rose to 94.3% in 2019 and maintained at 94.2% in 2020.
2021 recorded the lowest web3 games’ failure rate of 45.9%, on the back of the crypto bull run. This was despite the number of failed web3 games jumping to 339 in 2021, surpassing 2018.

The annual number of dead web3 games more than doubled in 2022, reaching a record yearly high of 742. This also marked the highest failure rate of 107.1%, even as the number of new web3 games remained high.
In 2023 to date, 509 web3 games have failed, which is equivalent to 70.7% of the web3 games launched this year. The lower failure rate could perhaps indicate a stabilization in the state of web3 gaming.

#Web3 #web3gaming #Web3Wallet #investors #TradeOpportunity

GameFi Dead? 3 in 4 Projects Have Failed

Around 2,127 web3 games have failed in the last five years since the GameFi niche emerged, representing 75.5% of the 2,817 web3 games launched. In other words, 3 out of every 4 web3 games have become inactive. 
The average annual failure rate for web3 games has been 80.8% from 2018 to 2023, based on the number of web3 games failed compared to launched.

#web3 #web3game

Solana Ecosystem Coins Price Returns

Bonk, Rollbit, and Orca were the three tokens out of the 8 Solana Ecosystem Coins that outperformed Solana from June 14 to November 19, 2023. During this period, Solana increased by 289.7% from $15.00 to $58.44.

#solana #SolanaPredictions $SOL

Solana Rises From The Dead

Solana (SOL) had a significant rally in recent months, increasing by 289.7% from $15.00 on June 14, 2023 to $58.44 on November 19, 2023.
Solana has had an eventful year, marked by a price dip to $9.60 on December 30, 2022, following the collapse of FTX. However, it subsequently rebounded, maintaining a price range between $14.00 and $27.00 before hitting another low of $14.51 on June 15, 2023. The turning point occurred when BlackRock filed for a spot Bitcoin ETF, kickstarting the entire Solana rally.
Solana also recently held its annual Solana Breakpoint conference in Amsterdam, Netherlands, from October 30 to November 2, 2023.

#SolanaPredictions #SolanaInsights $SOL

Top Performing Solana Ecosystem Coins

Bonk and Orca were the only two tokens that outperformed Solana from October 14 to November 19, 2023. During this period, Solana increased by 167.7% from $21.83 to $58.44.
Bonk outperformed all the other Solana ecosystem coins, increasing by 1514.3% from $0.00000018 to 0.00000286. It achieved returns 8.68 times higher than Orca, the second-highest gainer in the Solana ecosystem.$SOL

#SolanaPredictions #SOLSurge #SolanaInsights

Web3 Games’ Yearly Failure Rate

Record GameFi Failures in 2022
The annual number of dead web3 games more than doubled in 2022, reaching a record yearly high of 742. This also marked the highest failure rate of 107.1%, even as the number of new web3 games remained high.
In 2023 to date, 509 web3 games have failed, which is equivalent to 70.7% of the web3 games launched this year. The lower failure rate could perhaps indicate a stabilization in the state of web3 gaming.

The number of dead GameFi projects each year, as well as the corresponding failure rate when compared to the number of GameFi projects launched during the year:

#gamefi #CryptoWhaleWatch

My #BinanceWish is to empower a wave of Web3 creators through a crypto-fueled accelerator program! As a Level 1 creator on Binance Square, I aim to amplify this movement, sculpting the future of content creation. @Crypto Crown @Crypto_Professor
let's spark the Web3 revolution together!

How Many Web3 Games Have Failed?

Around 2,127 web3 games have failed in the last five years since the GameFi niche emerged, representing 75.5% of the 2,817 web3 games launched. In other words, 3 out of every 4 web3 games have become inactive. 
The average annual failure rate for web3 games has been 80.8% from 2018 to 2023, based on the number of web3 games failed compared to launched.

#gamefi #CryptoWhaleWatch $SOL

Top Performing AI Tokens:

The top 11 performing AI tokens after OpenAI’s announcement to fire & rehire Sam Altman as of November 23, 2023 (5am UTC) are:

#openai #CryptoTrends2024 $BTC $ETH

Biggest Gainers since OpenAI Fired & Rehired Sam Altman

Akash Network (AKT) was the largest gainer since OpenAI’s announcement to fire Sam Altman on November 17, 2023, increasing by 61.1% from $1.02 to $1.65 on November 23, 2023. It peaked at 80.4% on November 20, when its price increased to $1.85.
OriginTrail (TRAC) was the second largest gainer, increasing by 45.8% from $0.26 to $0.38 in the same period. At its height, it increased 50.9% by November 20, when its price reached $0.40.
Bittensor (TAO) came in close as the third largest gainer, increasing by 33.9% from $171.87 to $230.15 in the same period. It reached its peak of 71.3% on November 20, when its price reached $294.39.

#openai #CryptoTrends2024 $ETH $BTC

How Has OpenAI Firing & Rehiring Sam Altman Impacted AI Tokens?

10 out of 11 AI tokens made gains after OpenAI’s announcement to fire & rehire Sam Altman as its CEO, with gains ranging from 11.8% to 61.1% on November 23, 2023 (5am UTC). PAAL AI (PAAL) was the only AI token with negative gains, decreasing by 5.3% in that same period.
9 out of 11 AI tokens peaked on November 20, 2023, where gains ranged from 19.3% to 80.4%, shortly after Microsoft announced that Altman, Brockman, and colleagues will join them to lead a new AI research team.
2 out of 11 AI tokens peaked on November 22, 2023, where gains ranged from 26.4% to 50.9%, shortly after OpenAI’s announcement that Altman would return to OpenAI as CEO. Worldcoin (WLD), founded by Sam Altman, is one of the two coins aside from OriginTrail (TRAC), which reached their peak gains after this announcement.

#openai #CryptoNews🔒📰🚫 $BTC $ETH

Ethereum Dominates the L1 Space

Ethereum dominates the Layer-1 blockchain space, capturing 63.1% or $28.0 billion TVL of the top 10 L1 blockchains market share in October 2023.

Despite reaching its yearly peak TVL of $31.5 billion in April 2023, its market share peaked in March 2023, capturing 69.6% or $27.8 billion TVL. The gains were largely led by the DeFi sector, with MakerDAO (MKR), Curve (CRV), and Aave v2 (AAVE) leading the charge, accounting for 54.9% or $17.2 billion of TVL on Ethereum in April 2023.

Despite being the dominant L1, Ethereum has lost market share since the start of Q3, with market share dropping from 69.3% or $26.9 billion TVL in July 2023 to 63.1% or $23.0 billion TVL in October 2023. Curve still remains the top 5 protocol on Ethereum, despite suffering the largest loss in TVL after its re-entrancy attack on July 30, 2023, where TVL decreased by 30.6% or $1.9 billion since January 1, 2023.

$ETH #Ethererum #ETHUSDT

Layer-1 Blockchains Are 10x Larger than Layer-2s

Ethereum (ETH) is the top Layer-1 (L1) blockchain, with $23.0 billion in total value locked (TVL) as of October 2023. It reached its yearly peak TVL of $31.5 billion in April 2023, shortly after the Ethereum Merge (Shapella/Shanghai Upgrade) on April 12, 2023.

The top 10 L1 blockchains have 9.6 times more TVL than the top 10 L2 blockchains. Despite the fact that L1s have seen smaller growth in terms of TVL compared to L2s, the total value locked (TVL) in the top L1s significantly surpasses the TVL of the top L2s. This underscores that TVL remains predominantly concentrated on L1s and suggests that L2s still have substantial ground to cover in this respect.
$ETH $SOL $TRX #layer1 #Ethererum #SolanaInsights