SafeMoon, a token on Binance Smart Chain widely recognized as a TikTok meme coin, is seeing massive volatility after its huge gains of the past week.
Ethereum makes some noteworthy improvements to Bitcoin’s basic architecture. In particular, it utilizes “smart contracts” that enforce the performance of a given transaction, compel parties not to renege on their agreements, and contain mechanisms for refunds should one party violate the agreement.
.
Turning to the relationships between different cryptocurrencies, significant coherence is observed in the medium and long term between Bitcoin and Litecoin, which it is believed is due to their similarity. It is seen that short term correlations between the cryptocurrencies considered here are dependent again on news items and market wide events. We want your feedback. Do these Subject Areas make sense for this article? Click the target next to the incorrect Subject Area and let us know. Thanks for your help!
Although analysis of a single factor and cryptocurrency combination, as above, is of interest, more general findings across multiple cryptocurrency/factor combinations can also be pursued. Fig 7 shows, for each cryptocurrency and factor combination, the mean coherence values during the bubble and non-bubble regimes. Each horizontal subplot shows a different coherence period band, from the lowest period band (2–4 days) at the top to the highest period band (256–512 days) at the bottom. As the duration of data for each cryptocurrency varies, certain ranges are left blank when that cryptocurrency does not have enough data to produce values for such bands.
SafeMoon is another digital currency similar to Bitcoin and Ethereum, with a couple of key differences. Its creators say they want to fix some of the problems—like price volatility—that are common in other digital coins. To do this, SafeMoon aims to discourage day trading of its coin and to reward long-term holders by charging a 10% fee on each sale. Half of the fees collected are earmarked for existing coin owners, who receive a sort of dividend in the form of additional coins.
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
If you are a user outside the U.S., there are greater opportunities to trade and buy numerous coins on one platform. For those in the U.S. wanting to do the same, they may find themselves resorting to the use of other crypto exchanges.
Launched in 2015, Ethereum (ETH) is the second most popular cryptocurrency and, on most days, the second most valuable after Bitcoin.
SafeMoon had a very promising launch and maxed out at an impressive market price of $0.00001375. Many tokens and coins have price spikes soon after launch as this is the time when interest is at its peak for new potential investments. Investors were hoping that the market price would settle somewhere around this level and continue to rise at a more sustainable rate. Unfortunately, this was not the case, SafeMoon witnessed its market price continuously drop until it was priced around $0.000003458.
CASH ON THE WAY IRS portal open with payment date days away as calls for 4th check mount
One key thing to look out for is Safemoon to be added as a tradeable asset by a major broker or crypto exchange. Many of the best trading platforms will allow users to request assets to be added to the platform. If a request gets enough traction, the platform may look into its viability and then decide whether or not to add it.
Cryptocurrency can be mined by people by using computers. By mining cryptocurrency, people are rewarded small amounts of Bitcoin or another crypto for doing so.
About The PostNewsroom Policies & StandardsDiversity and InclusionCareersMedia & Community RelationsWP Creative GroupAccessibility Statement
U.S. NewsWorld NewsPoliticsSportsEntertainmentOdditiesLifestyleHealthScienceBusinessTechnologyPhotographyReligionTravelPress Releases
Lettau, M. and S. Ludvigson (2001), “Consumption, aggregate wealth, and expected stock returns”, The Journal of Finance 56 (3), 815–849.
RecommendedLifestyleTechnologyEntertainmentHome and GardenFashion and BeautyDeals
FT LiveFT ForumsBoard Director ProgrammemyFTPortfolioToday's Newspaper (ePaper)CrosswordOur AppsHelp CentreSubscribeSign In