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As of Wednesday 9 AM (GMT+3) November 10th, here are the prices of the top 10 cryptocurrencies:
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Bitcoin was trading 3.7% higher Friday morning. The price was around $61,200 per coin.
Profit-booking near the resistance line pulled the price back toward the critical level at $49.54 on Nov. 9. The strong rebound off this level on Nov. 10 suggests that bulls are defending this level with vigor.
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Ethereum Dropped After Setting Another New All-Time High. Here’s What Investors Should Do Next
Cryptocurrency market is down 2.24% on the last 24 hours (2.15pm, Thursday 11 November).
NKN58.86 (17.40%) OmiseGO1,519 (16.92%) AdEx66.12 (4.81%) DigiByte5.04 (3.97%)
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Crypto market capital shoots to $2.34 trillion with Ethereum occupying 20% of crypto economy
Binance CEO Changpeng Zhao insisted that the long-term pay-off will be worth any compromise.
SafeMoon Protocol is a decentralized finance (DeFi) token. The protocol launched in March 2021 and has already more than 1 million users. SafeMoon stands for "Safely to the Moon", a phrase that was adopted by Redditors about DogeCoin which refers to the price going upwards "as high as the Moon". SafeMoon protocol is a combination of RFI tokenomics and an auto-liquidity generating protocol. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition and Burn. SafeMoon plans to develop a non-fungible token NFT exchange, as well as charity projects and crypto educational apps.
In addition, our Safemoon price prediction 2030 follows the same vein. By this point, we’d imagine that the development team will have understood the need for real-world use cases and developed their own blockchain or decentralised applications. With that said, we’d estimate that Safemoon could be worth $0.000040 by 2030.
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Generally, this means miners receive fewer new units per new block as time goes on. Eventually, miners will only receive transaction fees for their work, although this has yet to happen in practice and may not for some time.
Bitcoin’s volatility is more reason for investors to play a steady long game. If you’re buying for long-term growth potential, then don’t worry about short-term swings. The best thing you can do is not look at your cryptocurrency investment, or “set it and forget it.” As experts continue to tell us each time there’s a price swing — whether up or down — emotional reaction can cause investors to act rashly and make decisions that result in losses on their investment.