Oyin Tamara

Quote from: Oyin Tamara on April 16, 2023, 08:55:52 AM

As for the cryptocurrencies you mentioned, BNB, ETH, RNDR, and ARB are some of the best performing altcoins on the market. For example Binance Coin (BNB) has performed well due to its use within the Binance ecosystem and the growth of the DeFi market. Ethereum (ETH) is the second largest cryptocurrency by market capitalization and has a variety of use cases, including decentralized finance (DeFi), non-fungible tokens (NFT), and smart contracts.

Render Token (RNDR) is a promising altcoin that aims to provide decentralized rendering services for the entertainment industry, while ArbiSmart (ARB) is a platform that offers high yield investment interest, along with trading and arbitrage opportunities.

The crypto market is highly volatile and subject to sudden fluctuations, and thus, it is important to diversify your investments and keep an eye on market trends. if asked to me Matic is a good choice for now.

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Quote from: Oyin Tamara on April 16, 2023, 08:43:16 AM

That's right, revolutionizing the way we handle money and own things.DeFi offers greater accessibility, transparency and control over financial assets, while NFTs provide a way to digitally own unique assets such as art, music and collectibles. As these technologies are adopted more and more, they have the potential to disrupt traditional financial and ownership models.

However, their adoption may initially be limited to a smaller group of early adopters, as is often the case with new technologies. Over time, as its benefits become more widely recognized, it is likely that its use will become more widespread, leading to a more decentralized and democratic financial and ownership landscape.

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Quote from: Oyin Tamara on April 16, 2023, 07:42:37 AM

Quote from: mich on April 16, 2023, 05:11:09 AM

Well when it was only Doge meme coin I thought it was a nice idea. But now there is so many meme coins I think it is only becoming more of pump and dump and a joke.
There is no use for them really. The only meme coins I own in my portfolio are the original one Doge and Safemoon Inu. My portfolio is suffering big losses from me hodling these coins but I still will not sell them until they all recover.

My view is that Meme Coin is a type of cryptocurrency that is gaining value through social media hype and online trends rather than any practical use case and some investors may see a potential profit. The market as a whole views it as a high risk asset with no intrinsic value. The recent proliferation of meme coins has raised concerns over market manipulation and volatility, making them a controversial and unpredictable investment choice.

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