The cryptocurrency market has entered a new week. Let’s first look at the situation of Bitcoin. The price of BTC is still at a bear market level in the short term. The MA200 moving average has fallen back and is now around US$66,800. If Bitcoin is to resume its large-scale bullish trend, we believe that it is necessary to break through MA200. The prerequisite is that the performance throughout April was not very good. Bitcoin failed to continue to set new highs, and Bitcoin will end its 7-month winning streak.
Which altcoins with ten-fold potential can catch the SF Express! ?
SUN:
Founded in late 2017 by former Qualcomm, Intel, and Dropbox engineers, Solana is a single-chain delegated proof-of-stake protocol that focuses on providing scalability without sacrificing decentralization or security. At the heart of Solana's scaling solution is a decentralized clock called Proof of History (PoH), which is designed to solve the time problem of not having a single trusted source of time in a distributed network. By using a verifiable delay function, PoH allows each node to generate a timestamp locally using a SHA256 calculation. This eliminates the need to broadcast timestamps across the entire network, improving overall network efficiency.
SOL is the native token of the Solana blockchain. Solana uses a delegated proof-of-stake consensus algorithm to incentivize token holders to validate transactions. As part of Solana's security design, all fees are paid in SOL and burned, reducing the total supply. This deflationary SOL mechanism incentivizes more token holders to stake, thereby improving network security.
ARB：
Arbitrum is an Ethereum expansion solution that enables high-throughput, low-cost smart contracts while maintaining trustless security. Arbitrum has three modes: AnyTrustChannels, AnyTrustSidechains, and ArbitrrumRollup. ARB is the governance token of the Arbitrum ecosystem.
XI:
Xai empowers traditional gamers to participate in open trading, allowing them to trade in-game items in their favorite games without having to interact with a crypto wallet. The Xai network is open and decentralized, enabling anyone to operate a node, earn network rewards, and participate in governance.
solved problem:
Scalability: Layer 3 technologies enable scaling to hundreds of millions of users without sacrificing interoperability, composability, and security.
Gas Fees: Xai alleviates the gas fee problem in blockchain games by utilizing an innovative gas subsidy contract, completely eliminating gas fees, making in-game operations low-friction for players, and promoting the development of the blockchain gaming ecosystem.
Wallet Interaction Barriers: Xai solves traditional gamer friction barriers by seamlessly integrating cryptocurrency wallets into the backend of the gaming experience, managing them on behalf of players to simplify onboarding and usage.
Stability: Xai ensures the stability of its blockchain network by implementing robust AnyTrust technology and optimized smart contract execution, providing a stable gaming environment.
XAI is the native gas token of Xai. Users can stake XAI to obtain esXAI for the following uses:
Income Account: Staking esXAI in the income account can increase the esXAI income of the node operator.
Cultural Accounts: Operators can stake esXAI to gain access to special gaming events and NFTs on the Xai blockchain.
Governance Account: Staking esXAI provides governance rights, allowing participation in DAO/Foundation finance proposals.
Summarize:
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
