topadvert
@topadvert
365 Following
140 Followers
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📈 Why altcoins will rise
🟢The growth of new subscribers on YouTube has increased to the level of March 2024, but the level of 2021 is still far away.
🟢The number of views also increased to the level of March 2024. In contrast to subscriber growth, we believe that at the peak of the market, viewership will rise to 2021 levels and possibly exceed 2021 levels.
🟢Many may be confused by the “fear and greed index, which is currently at around 90 - Extreme Greed. But this index is only part of the big picture and should not be relied on as the main indicator.
For example, from November 2020 to February 2021, this indicator was at the level of 85-95 with minor corrections, and in the spring, when there was a major increase in altcoins, the indicator was at the level of 60-80.
Now the market does look a little overheated, given the news background. In the event of a correction, we do not expect fundamental altcoins to fall by more than 20-30% 0 reply
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❓ What is Dexscreener
Dexscreener is an analytics platform for monitoring and analyzing trading data from decentralized exchanges. The site provides users with price data, trading volumes, and charts for the crypto market trading on various DEXs.
Main functions:
▪️ Trading Pairs Analysis: Dexscreener displays data on thousands of trading pairs, including price, volume, liquidity and percentage changes.
▪️ Real-time charts: The platform provides real-time charts with technical analysis indicators.
▪️ Multi-blockchain support: Dexscreener supports data from multiple blockchains such as Ethereum, Binance Smart Chain, Polygon, Avalanche and others.
▪️ Token Information: The platform provides information about each token, such as contract address, liquidity, and a link to the original DEX. This helps users verify the authenticity of tokens before purchasing or selling them. 0 reply
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🤔 What is DEX?
A DEX (decentralized exchange) is a trading platform that operates without intermediaries such as banks or traditional exchanges.
⭐️ Main features of DEX:
▪️ Control over funds: On CEX exchanges, users keep their money in the exchange's accounts, which can be risky if the exchange is hacked or decides to close. On DEX, users always have control over their funds, as they are in their personal wallets.
▪️ Liquidity: On DEX, trading can be less liquid (fewer bids and offers) than on centralized exchanges, especially for unpopular assets. This can lead to large spreads, which worsen your entry point.
▪️ Easy to access: To start trading on DEX, just connect your crypto wallet (e.g. MetaMask). No KYC required.
🔝 Best DEXs:
Uniswap ( https://app.uniswap.org/ ), 1inch ( https://1inch.io/ ) — EVM network
Jupiter ( https://jup.ag/ ), Raydium ( https://raydium.io/swap/ ) — Solana 0 reply
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