Tonight's hot project ID opened. The two previous projects of Binance, hook, have a circulating market value of 104 million, and hft has a circulating market value of 128 million. The normal circulating market value of ID is within this range, with an overestimation range of more than 128 million and an underestimation range of less than 100 million. There were 283 million IDs in circulation at the opening. 1.28/2.83=0.453u, it is overvalued and it is recommended to sell. 1/2.83=0.353, it is undervalued and it is recommended to buy. It is a personal algorithm and does not constitute investment advice.
Looking back at the peak of the bull market in 2022, I am still very satisfied with the results that have been achieved in more than a year since the bull market peaked. Pay attention to me to not get lost, and focus on on-chain and secondary transactions.
Arbitrum and Optimism are both Layer 2 expansion solutions for Ethereum, but they have differences in implementation and governance, ecological development, and application development. Arbitrum uses a Solidity-based virtual machine and runs EVM bytecode in the virtual machine, making Arbitrum compatible with the Ethereum network. Optimism uses a virtual machine called Optimistic Virtual Machine (OVM), which has higher performance and efficiency. In terms of governance mechanism, Arbitrum adopts a decentralized model to allow community members to participate in decision-making and governance of the network, while Optimism uses a DAO-based model to hand over decision-making power to token holders.
The empowerment of arb tokens can now be understood as follows:
When executing transactions and smart contracts on Arbitrum, users need to pay a certain amount of Ethereum (ETH) as gas fees. These ETH are burned and removed from the Ethereum chain instead of being paid with ARB tokens. ARB tokens are mainly used for the following purposes: Staking as a validator: A validator needs to stake a certain number of ARB tokens on the Arbitrum network as an incentive to maintain network security and reliability. If a validator violates network rules or malfunctions, they will lose a portion of their stake to encourage them to comply with network rules and keep nodes running stably.
Immutable announced a strategic partnership with Polygon Labs to create the Immutable zkEVM. According to 0xScope, an address suspected of insider trading (0xa8...7a49) deposited 1.5 million IMX to Binance two hours before the announcement, potentially bringing in more than $750,000 in profits.
1. Valuation of token circulation supply According to Coingecko data, the market value of Optimism as of March 20 was approximately US$839 million, the OP token was priced at approximately US$2.63, and the circulating supply was US$314.8 million. In comparison, after the airdrop is completed on Thursday, 1.275 billion ARB tokens will flow into the market. Since the total supply of ARB tokens is 10 billion, it means that the market circulation accounts for approximately 12.75% of the total supply. Token Circulating Supply Market Cap How many tokens will be traded on the market, excluding tokens locked for allocation, and token market cap is calculated by multiplying the token price by the circulating supply. If the ARB token valuation is similar to the OP token, you can divide the current OP token market cap (approximately $839 million) by the ARB token circulating supply ($1.275 billion), and then arrive at the potential price of ARB at approximately $0.65. .
The real value of Bitcoin is to return currency rights to everyone, allowing people in countries without minting rights to have currency rights. Today, only the United States, the United Kingdom, and the Euro have currency rights. All other countries are waste paper and have no currency rights. Other countries will disappear as their political power declines! When you understand it, you won't be obsessed with whether Western capital will buy Bitcoin.
What should we pay attention to when BTC continues to be strong?
1. Two second-layer concepts stx and rif 2. The only defi badger who has anything to do with btc can be followed 3.t stable currency tbtc, ren’s renbtc