? The markets today got me like...

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?Hello everyone! Here are some useful abbreviations if you're not familiar with them:

? FUD / Fear, Uncertainty, and Doubt – the spread of false or simply negative news and facts with the aim of tarnishing a project's reputation.

? KYC / Know Your Customer – the process of verifying a user to provide services.

❌ NFA / Not Financial Advice – a disclaimer encouraging independent research of a project, absolving the analyst or expert of responsibility.

? OTC / Over The Counter – a direct trade between parties without a central counterparty.

? Proof of Work (PoW) – a consensus algorithm in blockchain achieved by comparing previous blocks on all validator devices and choosing the version stored on the majority of devices.

? Retrodrop – a type of airdrop that users are not informed about in advance.

? Unpeg – the loss of a stablecoin's peg to the currency it represents.

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⏳ Only 4 days left to complete the Zealy quests! Don't miss out!

❗️ Quests: https://zealy.io/cw/snegbet-6522/questboard

*? *Prize Pool:

➖ Top 10: 3,000 $SNEG tokens
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➖ 10 Random Users: $100 each

✔️ Complete all tasks in Zealy to qualify.
? Winners will be announced on May 24.

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Soon ?

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? Fundamental Analysis and Why It Matters!
? The cryptocurrency market, known for its volatility and susceptibility to hype, views fundamental analysis as a key tool for assessing the intrinsic value and growth potential of assets. This method of analysis goes beyond price charts and includes:

? Development Team: Experience, reputation, and track record.
? Technology and Blockchain: Core infrastructure and its capabilities.
? Token Utility: Practical applications of the tokens.
? Tokenomics: Token supply and distribution plan.
? Partnerships, Adoption, Ecosystem: Collaborations and integrations.
? White Paper: Plan and objectives.
? Financial Evaluation: Market capitalization, liquidity, and trading volumes.

? Fundamental analysis helps make investment decisions by focusing on the intrinsic value of an asset rather than short-term price fluctuations.

*? *What do you think? Let us know in the comments!
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???? Top news from the last 3 days:

? In just 3 weeks, the total number of USDT tokens issued on the TON network exceeded 230,000,000 tokens – the most successful stablecoin launch in Tether's history across all blockchains.

? Global Bitcoin ETFs have accumulated a total of 949,756 BTC, which represents 4.5% of the total issuance of the leading cryptocurrency.

? JPMorgan invested in five Bitcoin spot ETFs.

? Ripple CEO Brad Garlinghouse suggests that the U.S. government is targeting Tether – in his view, these actions could have unpredictable effects on the crypto market and become the next black swan event.

From May 6 to May 10, 2024, capital inflows into crypto funds amounted to $130 million – CoinShares.

❗️ El Salvador launched a website for monitoring state balances in Bitcoin – they have already bought 5,748 BTC and continue to purchase 1 BTC every day.

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? We're launching a game! - https://app.snegbet.io/? Don't miss the chance to win up to $20,000!

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? When the timer runs out, the prize pool of collected BNB is divided equally between two participants: the one who placed the last bet and the one who placed the largest bet.
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? It's important not to disrupt the balance

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