Decentralised, Whale, Market Capitalization

Increasing cryptocurrencies: How decentralized and re -define whales

In recent years, financial worlds have shown a significant shift in decentralization. The formation of cryptocurrencies such as Bitcoin, Ethereum and others has revolutionized the type of thinking about money, property and control. One of the most important aspects of these new technologies is their decentralized character, in which the transactions in a public main book (blockchain) and a consensus mechanism are recorded, which eliminates the need for mediators and government interventions.

Decentralization: The backbone of the cryptocurrencies **

The term “decentralization” refers to the process in which power and control are divided between several nodes instead of concentrating on a single entity. In connection with cryptocurrencies, this means that transactions are carried out without the need for banks or central governments.

The decentralized nature of cryptocurrencies is facilitated by a number of key factors:

• Blockchain technology : The blockchain enables all transactions to keep them safe, transparent and fake.

• Consal mechanism : The use of algorithms (Pow) or Bour-of-Take (POS) ensures that miners validate transactions before adding to blockchain.

• Open source code : The decentralized nature of cryptocurrencies means that your source code is publicly available and can contribute to developers and fans to the ecosystem.

Wale: The greatest owners of cryptocurrencies

The term “whale” refers to a large investor who has a considerable amount of cryptocurrency. These people often have several coins that can be used to speculate market trends or simply out of comfort. The whales play a crucial role in the development of market dynamics and can have significant effects on the price movements.

According to CoinmarketCap, Krypto is one of the largest whales:

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• Sushiswap : Decentralized exchange (Dex), which offers a wide range of cryptocurrency couples.

Market capitalization: The value of decentralized cryptocurrencies

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The market capitalization shows the total value of all remaining stocks or tokens. This indicator offers an insight into the general emotion and acceptance of a certain cryptocurrency.

From March 2023 market capitalization of the five most important cryptocurrency:

• Bitcoin (BTC) : 500 billion US dollars in market capitalization.

• Eteum (ETH) : A market capitalization of around 150 billion US dollars.

• Tether (USDT) : Stabcoin on the US dollar with market capitalization of less than 10 billion US dollars.

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• Cardano (ADA) : A decentralized platform that focuses on scalability and security with a market capitalization of around 3 billion US dollars.

The effect of decentralized whales

Due to their high operations and market trends, decentralized whales have a significant impact on the cryptocurrency market. You know:

• Speculates of price movements : By buying or selling coins, decentralized whales can influence the general price dynamics according to market conditions.

• Form control guidelines : Large investors are often committed to favorable regulations that improve their investments and interests.

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