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Home ยป 5 MustRead Articles for the Evening A Glimpse of the Most Profitable Cryptocurrency Tracks in the First Half of 2024

5 MustRead Articles for the Evening A Glimpse of the Most Profitable Cryptocurrency Tracks in the First Half of 2024

By adminJun. 26, 2024No Comments2 Mins Read
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5 MustRead Articles for the Evening A Glimpse of the Most Profitable Cryptocurrency Tracks in the First Half of 2024
5 MustRead Articles for the Evening A Glimpse of the Most Profitable Cryptocurrency Tracks in the First Half of 2024
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1. A detailed look at the token economic model released by Blast
On June 26, 2024, Blast announced its token economics. The total supply of BLAST is 100 billion, with 50% being airdropped to the community, and the initial airdrop amount is 17 billion. Here is a detailed overview of Blast’s token economics for readers to enjoy.

2. Web3 Market Tokenization: A Reflection Framework of Supply and Demand Matrix
A typical application of cryptocurrency in the market is as a mechanism to drive growth: using tokens to incentivize the influx of supply and/or demand. Various DeFi networks and other market tokenization have successfully applied this model to overcome the cold start problem.

3. Sharing the application of “art” technical indicators in trading
Knowing is not difficult, but doing is not easy. For investment in the secondary market, everyone knows that they should not be greedy, nor should they chase high and kill low, but how many people can control their hands and achieve unity of knowledge and action? In the Tao Te Ching, Laozi mentioned Dao, Fa, and Shu. Dao refers to rules, natural laws, and core concepts; Fa refers to methods, legal principles, and systems; and Shu refers to behavior, operational methods. The combination of Dao, Fa, and Shu is considered to be an important principle and criterion guiding people’s lives and social development.

4. Glassnode: Who is the wealth concentrated in during this bull market?
To fully understand the current market, we can use indicators that describe the behavior of Long-Term Holders (LTH). The LTH group is the main participant on the supply side during a bull market, as they distribute tokens and profit. When LTH increases the selling pressure until it overwhelms and exhausts demand, the market cycle top has formed.

5. A look at the most profitable crypto tracks in the first half of 2024
According to data from BitEye, CoinGecko, and Wu Blockchain, since the beginning of 2024, the return rate of Memecoin has reached 1,834%, leading the competition. In second place is the tokenization of real-world assets, which has brought investors a return rate of 214%. The return rate of AI blockchain projects is 72%, while the return rate of the Decentralized Physical Infrastructure Network (DePIN) is 59%.

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