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Ravindra Kumar, a founding member of Self Chain, addressed recent coordinated FUD and general questions about $SLF, the project, and its mission. Self Chain, rebranded from Frontier, has been active since 2019 and continues to evolve. The distinction between circulating supply and bonded tokens in the Cosmos ecosystem is crucial, as they are designed to be different.
The $FRONT token was a utility token for a wallet, while $SLF is a Layer 1 blockchain asset securing an entire network. The recent supply modification was DAO-approved, made in the interest of all parties involved, and supported by new investors and node operators. Exchange listings and coordination have been ongoing since early 2023.
For more details, please refer to the post at https://x.com/selfchainxyz/status/1830837127438880820.
The cost of producing Bitcoin now exceeds its market price on average, raising serious questions about the sustainability of mining operations under these conditions. Only a handful of miners, particularly those with substantial cash reserves, can continue to operate profitably. This situation suggests a deliberate strategy, possibly orchestrated by powerful interests, to squeeze weaker miners out of the market, paving the way for a price recovery.
U.S.-based miners currently dominate, controlling over 40% of the global hash rate. Yet, despite the hash rate reaching record highs, Bitcoin's price remains stagnant, a deviation from historical patterns where rising hash rates typically led to price increases. This time, the involvement of influential players like BlackRock—who may have a vested interest in controlling the Bitcoin network—adds a new layer of complexity.
In my view, this isn't just a typical cycle. The dynamics at play suggest that we are witnessing a fundamental shift in the market, one that could redefine the future of Bitcoin mining. A miner capitulation now doesn’t necessarily signal market weakness; instead, it might be part of a larger, strategic realignment. Comparing this cycle to previous ones may no longer be relevant, as the forces driving the market have evolved.
⚜️ NEW PROJECT : MEGAETH ⚜️
Invested by Vitalik Buterin, MegaETH is an EVM-compatible blockchain that brings Web2-level real-time performance to the crypto world for the first time. Our goal is to push the performance of Ethereum L2s to hardware limits, bridging the gap between blockchains and traditional cloud computing servers.
🔗 Contribution Link: https://azaventures.presail.com/deals/eboJqpdYyQH53uW4JYVooQ
☄️ NOTE : Pool will be live for 48 Hours or till the hardcap is reached
Accumulating #Catdog for Meme exposure here at the support.
Cheers!
@ianAlex1
There’s this New Meme coin on Solana ecosystem called FapTax. 😂Might go as big as 100M MC. Sitting at 3-4M MC now.
Risky one so only put in what you can lose.
Using Raydium with Phantom Wallet to get this
Cheers!
@ianAlex1
Aza Ventures is thrilled to Invite It's Legendary Community for a special opportunity that lets you participate at a preferential price of $0.003 per $RVV, compared to the public rate of $0.005.
🔗 Secure Your Spot Now:
Presale Link: https://presale.astranova.world/24
Fill this form Pre-Sale WL - https://forms.gle/gdUqz8GDPn5jhWyeA
Astra Nova is a revolutionary action RPG co-created by and for gamers originating as the 1st Web3 Game from the Kingdom of Saudi Arabia. The game is set in a universe on the brink of destruction, offering players a blend of immersive storytelling, strategic gameplay, and next-gen rewards with integrations of AI & UGC.
For more details about the pre-sale and what you can expect, check out their full guide: https://astranovaofficial.medium.com/astra-novas-rvv-token-community-pre-sale-starts-august-2nd-5469021b69cd
Note: After filling the form, please wait 24 hours to make your pre-sale purchase to ensure the whitelist price is applied
FET All loaded up and hoping for a reversal here
Читать полностью…Shaving off some profits from BTC ETH SOL AND POPCAT.
Cheers!
@ianAlex1
BTC ETH SOL POPCAT All in Profit at least 15% each
BTC reaching back to 58K as expected
Cheers!
@ianAlex1
Here we go 🔥 BTC should bounce back to 58K if NASDAQ doesn’t puke.
Читать полностью…BTC, ETH, SOL should be good down here
Читать полностью…Adding 25% to POPCAT as expected BTC dumped further. Seems like 58K is holding for now
Читать полностью…BTC support 58,300 so hopefully we can fill up more if it dumps further
Читать полностью…⚜️ NEW PROJECT : APPLAYER ⚜️
Modular L1 and EVM-compatible appchain network, with C++ pre-compiles for advanced on-chain primitives
🔗 Contribution Link: https://azaventures.presail.com/deals/gfLC1PLMqez8KILwVNuJew
☄️ NOTE : Pool will be live for 48 Hours or till the hardcap is reached
Buying some #RATS on Mexc. Looking like a nice breakout here.
Aiming for 0.00012
25% Up on #SLF.
Still one of our gem.
Buy and hold!
⚜️ NEW PROJECT : SENTIENT ⚜️
Sentient AI, a cutting-edge technology company, has developed a groundbreaking decentralized application (dApp) that leverages the power of Web3 and blockchain to create a secure and transparent platform for artificial general intelligence (AGI) development.
🔗 Contribution Link: https://azaventures.presail.com/deals/o7vp46phFdLOhsgjKRdPXA
☄️ NOTE : Pool will be live for 48 Hours or till the hardcap is reached
I’m accumulating some #SLF here. Expecting it to slowly move towards $1 in the coming days
Читать полностью…BDciduUgepb9DehoJ1CDK1gqNkUUKusQP7PwHr9cTwX2
Читать полностью…https://youtu.be/ZiOIlJEyp4A?si=CDbFYN6TzjwYcrIn
Читать полностью…Looking to accumulate some FET down here at current price
Cheers!
@ianAlex1
Hope you guys got on.
You should be in about +20-30% profit for each coin now.
All you need is timing.
If I’m not posting anything for awhile it doesn’t mean I’m not scanning the market. In fact, it means I AM just scanning and waiting to jump in at the right time.
We got in at the lowest possible price we could.
Congrats if you made some profit. Happy for you guys
All you need is 2-3 trades a week or a month.
Your goal is NOT TO LOSE
Cheers!
@ianAlex1
You should all be in profit now 🔥 buy the dip not sell the dip
Читать полностью…NASDAQ just did a heavy puke on fear of recession which brought BTC down with them.
Buying some ETH Spot here
Don’t use leverage. Only spot for now
Читать полностью…Building a position on POPCAT and BONK on this dump.
Entering 25% at market now.
Buy the dip, sell the high
Cheers!
@ianAlex1
Up around 12-15% now
Again, quality over quantity peeps
Cheers!
@ianAlex1