Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.
Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Sandeep Nailwal de Polygon predice un lapso de 3 a 6 meses para la recuperación del criptomercado, aunque todo dependerá de la FED. El creador de DOGE, Billy Markus, no comparte esa fecha.
- Polygon’s Nailwal believes the crypto collapse is temporary.
- Billy Markus, co-founder of Dogecoin, argues that cryptowinter could last 4 years.
- Anthony Scaramucci is still optimistic. He thinks Bitcoin could touch $100,000 USD in 12 months.
En medio del caos que ha generado la caída más reciente del mercado de criptomonedas, algunas figuras prominentes del criptoespacio están compartiendo sus opiniones sobre el panorama bajista generalizado. Si bien algunos creen que el criptoinvierno es un fenómeno temporal, otros son menos optimistas.
Sandeep Nailwal, the co-founder of Polygon the Layer 2 scalability solution from Ethereum a decentralized open-source blockchain with smart contracts functionality. has been one of those who took to Twitter to give his opinion on the decline in cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. prices. On an optimistic note, he said that, in his view, the scenario has less to do with a weakness in Web3’s vision and more to do with macroeconomic factors.
También sostuvo que la tendencia bajista no se extenderá a largo plazo, porque las expectativas sobre los proyectos Web3 siguen siendo altas. “ Long-term, Web3 remains mega-mega bullish so the novices are still learning and the builders are still building. “Nailwal commented.
Nailwal’s comments occur when Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. sinks below USD $23,000, a level not seen since late 2020, and the rest of the cryptocurrencies mimic it in losses. Overall, the global cryptocurrency market an area or arena, online or offline, in which commercial dealings are conducted. also plummets as its capitalization has dropped below the $1 trillion level for the first time since 2021.
The fall is a short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. term issue
En su análisis, el cofundador de Polygon highlighted economic inflation a general increase in prices and fall in the purchasing value of money. in the U.S., and central banks’ efforts to curb this broader global inflationary spike. The U.S. Federal Reserve (Fed) has announced interest rate hikes to address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. inflation. However, with the inflation defying economists’ predictions In the past few years, fears of a recession have increased and led to a decline in investors’ appetite for risk.
Despite this daunting scenario, Nailwal believes that once the Fed finishes implementing the hikes and inflation has peaked, the market will begin to stabilize and investors will return.
Predicción : Dado que está impulsado por la macroeconomía, en 3-6 meses, cuando la FED haya subido los tipos de interés en 50-75 puntos básicos 2-3 veces y la inflación haya tocado “definitivamente” techo, los grandes inversores serán capaces de valorar cualquier otra subida y los mercados podrán encontrar el fondo y las cosas se normalizarán.
6. Prediction : Since its macro driven, in 3-6 months when FED has raised rates by 50-75 bps 2-3 times and inflation has “definitively” peaked, large investors would be able price-in any further hikes and markets will be able to find bottom and things will become normal
— Sandeep | Polygon???? (@sandeepnailwal)June 14, 2022
Nailwal also argued the push by venture capitalists (VCs) to invest investing is when you put money in a financial scheme with the intent of making a gain. in the cryptocurrency industry as an optimistic sign for the sector. He said he expects VC funds to continue to be deployed and reminded that “ most of them will also play in liquid markets”. This could lead to a rise in prices.
However, despite this promising outlook, he did not fail to warn and recommend investors to stay covered. Nailwal closed his remarks with a quote from economist Kenyes: “ Markets can stay irrational longer than you can stay solvent “.
Will extend 4 years, says Billy Markus
Not everyone is optimistic that the bearish season will end this 2022. The co-founder of the popular currency currency is a medium of exchange that defines value. meme Dogecoin Billy Markus is one of those who believes that the collapse of the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. asset market could extend, even for several years.
In a tweet in a joking spirit published on Monday, Markus shared that he expects the cryptomarket ” is well eventually “. However, he noted that it may take quite some time for recovery, ” but [it will be] not soon “. The creator of DOGE agreed with Nailwal’s analysis, pointing out that the recent drop is due to macroeconomic factors.
it’ll all be okay eventually
just not soon ????
maybe like 4 years
– Shibetoshi Nakamoto (@BillyM2k) June 14, 2022
When asked if this cryptocurrency liquidation liquidation refers to the conversion of an asset or cryptocurrency for fiat or its equivalents. would be “ fast and aggressive “and would end in a strong rebound, Markus disagreed, citing the dire state of the global economy, as picked up by U.Today . The developer, known on Twitter under the pseudonym Shibetoshi Nakamoto However, he predicts that a recovery could take place in 2026.
“ Maybe in 4 years “ was Markus’ comment, a timeline that has been seen before in the history of the market. The previous cryptowinter took approximately four years, starting in January 2018 when Bitcoin plummeted, until 2021, when it reached a new all-time price high, first above USD $63,000 in April, then near USD $70,000 in November.
Scaramucci is optimistic: Bitcoin at USD $100,000 in 12 months
At the extremes, some observers in the space are much more optimistic. Among them, the chief executive of the wealth management fund of SkyBridge Capital capital is most commonly defined as the large sum of money you would use to invest. , Anthony Scaramucci, revealed during an interview yesterday for the program Squawk Box de CNBC who was buying more Bitcoin y Ethereum with the expectation of future price increases.
Scaramucci, who is a former U.S. White House Communications Director, said he believes cryptocurrencies will recover from the “ butcher’s shop “if market players remain cautious, despite the fact that bearish sentiment the sentiment is the overall mood and attitude of traders and investors in regard to a particular asset or the whole market. dominates the headlines.
Along these lines, and without overlooking the 40-year inflation record the expert argued that Bitcoin still makes up more than 50% of the total cryptocurrency market capitalization, so “ here is a flight to quality “. He also showed confidence in the possibility of the flagship cryptocurrency reaching USD $100,000 within 12 to 24 months.
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Article by Hannah Estefania Perez / DiarioBitcoin
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