erc404

I've been playing around with the $BURR lottery for a while now. Every time I trade and stack up 10001 coins, an NFT from @bearish_af pops up in my Abstract wallet. This ERC 404 situation is honestly a bit surreal.

But all I've been pulling are floor bears, so I just toss them back and keep grinding for more, no cap.

#ERC404 #NFT

Although the recently released #ERC404 protocol and the token swap protocol have certain innovations, they still feel that they cannot really solve the liquidity problem. #NFT Although tokenization provides a certain degree of liquidity, it also makes NFT lose its due characteristics. All NFTs are unified and have no characteristics of their own. This is consistent with the emphasis on NFT that each NFT itself is unique. In and out. And there are still many shortcomings of ERC404 that still need to be overcome. For example, because mint and burn operations need to be performed during the conversion process of NFT and tokens, more gas fees are often required, so if you have a small amount of funds, you will often have to double the amount to get it back. Therefore, you should still be cautious when participating in some current imitation disks. 404 cannot solve the problem of NFT rarity.

There is a certain degree of popularity about the 404 protocol at the current stage, and the popularity will have a beneficial effect, so what we need to focus on now are the innovative projects of the follow-up agreement, as well as projects with strong backgrounds. For ordinary imitation disks, I think ordinary retail investors should still participate. be careful. Because higher gas fees will greatly increase your costs.

No more questions
No more doubts
No more clarification
Long $BILL Now with 20x leverage
Entry: $0.0500 - $0.0510 |
Stop Loss (SL): $0.0470
Target 1: 0.0550
Target 2: 0.0600
Target 3: 0.0650
Click below to take the trade 👇
$BILL
#ERC404 #EarnFreeCrypto2024 #ETHETFsApproved #ENA #Ethereum

3 mistakes that cost me money in crypto

Started trading 3 months ago. Lost money on these 3:

1. Using 20x leverage with $10. Got liquidated in 2 hours.
2. Sending crypto to “airdrop” links on Telegram. Scam.
3. Not setting stop loss. Held a coin down 70%.

If you’re new, start with spot trading and small amounts.
What’s your biggest lesson so far?
#BeginnerCrypto #LearnAndEarn #BTC☀ #ERC404

$ZEREBRO This ZIRIBRO is still going crazy. There's another strong leg up and the RSI is now at 88 - which means it's overbought. These kinds of parabolic moves can pump up due to FOMO for a while, but the risk of a sharp reversal is getting really high. Chasing here is risky.
Short
Entry: 0.0400 – 0.0415
Stop Loss: 0.0440
Take Profit 1: 0.0360
Take Profit 2: 0.0320
To trade click here👇
$ZEREBRO
#DGBUSDT #ERC404 #WeekendWisdom #Q&A