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Despite the recent price stability of TRON and Bitcoin, both cryptocurrencies face unique challenges and opportunities. Meanwhile, Bitcoin continues to keep its price above $70,000, indicating market stability, but the upcoming halving event in April 2024 adds an element of expectation and speculation. TRON, on the other hand, has emerged as a preferred network for hackers associated with North Korea.
Phase 1 of the Fezoo pre-sale is now available, with Fezoo promising 20x rewards for TRON and Bitcoin investors, with its future uncertain according to the sponsored content poster. The project is new and its future is uncertain, and the investment carries the risk of loss.
Concerns About TRON’s Role in Illegal Activities
TRON’s weekly price ranges from $0.119 to $0.1212 with an increase of 2.94%. But while TRON’s price appears to have experienced a slight increase in value, recent data reveals that the TRON network is experiencing an increase in illicit activity, accounting for 45% of all illicit volume in 2023. TRON in particular has emerged as a preferred network for hackers associated with North Korea, and these hackers use this network to exchange stolen funds predominantly for USDT.
The laundered crypto funds are then converted into fiat currency through high-volume over-the-counter (OTC) brokers. Despite relatively low gas fees and perceived transaction anonymity, TRON’s association with cybercrime and terrorist financing raises questions about its regulatory compliance and long-term viability.
Bitcoin Hashrate Increases Despite Price Stability
Bitcoin has maintained its price above previous years’ high of $70,000, signaling stability in the market. Despite this modest price increase, Bitcoin hashrate, which represents the computing power used to secure the network, has increased significantly. According to CryptoQuant CEO Ki Young Ju, the total hashrate increased by 200% compared to its previous high in 2021.
As the Bitcoin network prepares for the biggest halving event in terms of exchange of miner rewards in USD, anticipation and speculation are rife in the crypto community. This halving, scheduled for April 2024, will see miner rewards drop from 6.25 to 3,125 Bitcoins per block. Analysts estimate that this reduction in rewards could lead to 3-7% of Bitcoin miners going offline after the halving.
Fezoo Expects Big Rewards for Investors
Fezoo, whose future is uncertain, will allegedly offer a groundbreaking decentralized exchange (DEX) that allows investors worldwide to make safe and transparent transactions, according to the sponsored content poster. Unlike centralized exchanges, Fezoo, whose future is uncertain, is claimed to provide user privacy and autonomy by working without the need for Know Your Customer (KYC) checks. However, its future is uncertain and there is a risk of investment loss.
According to his team, a revenue sharing system provides passive income opportunities by ensuring that 50% of platform fees are distributed proportionately to all pre-sale investors. Fezoo is currently in Phase One of its pre-sale with tokens priced at $0.013. Investors participating in the pre-sale continue to earn a share of income from fees generated on the platform in proportion to the assets they own. The future is uncertain, there is a risk of investment loss.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
Click to review Fezoo Coin (FEZ) token from its official website.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and carry the risk of investment loss. Do your detailed research before making any transaction.
