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Network Marketing Effectiveness Strategies for Success

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Network Marketing Effectiveness

Network Marketing Effectiveness Strategies for Success

Network marketing, also known as multi-level marketing (MLM), is a business model that has been around for decades. It involves a company recruiting independent representatives to sell products or services directly to consumers, often through personal networks. While some people have found success in network marketing, others have criticized the model for being ineffective or even predatory.

Network Marketing Effectiveness: Strategies

Understanding network marketing is key to evaluating its effectiveness. The model relies on a network of independent distributors, who are compensated based on their sales and the sales of those they recruit. Key components of network marketing success include building a strong team, selecting the right products or services, and developing effective marketing strategies. Analyzing network marketing companies can also help individuals determine the legitimacy and potential profitability of a particular opportunity.

KEY TAKEAWAYS

  • Network marketing is a business model that relies on a network of independent distributors to sell products or services directly to consumers.
  • Key components of network marketing success include building a strong team, selecting the right products or services, and developing effective marketing strategies.
  • Analyzing network marketing companies can help individuals determine the legitimacy and potential profitability of a particular opportunity.

UNDERSTANDING NETWORK MARKETING

Network Marketing Effectiveness: Strategies

DEFINING NETWORK MARKETING

Network marketing, also known as multi-level marketing (MLM), is a business model that relies on independent distributors to promote and market products or services directly to consumers. These distributors are compensated based on their sales and the sales of the team they build, creating a network of individuals who work together to generate income.

In network marketing, the focus is on building relationships with customers and team members, rather than relying on traditional advertising methods. This allows for a more personalized approach to sales and marketing, which can lead to increased customer loyalty and repeat business.

MULTILEVEL MARKETING VS. PYRAMID SCHEMES

While network marketing can be a legitimate business model, it is important to distinguish it from illegal pyramid schemes. Pyramid schemes are fraudulent business models that rely on recruiting new members to generate income, rather than selling products or services. In a pyramid scheme, the focus is on recruiting new members, rather than selling products or services to customers.

In contrast, legitimate network marketing companies focus on selling products or services to customers, while also providing opportunities for distributors to build their own businesses and earn income. While distributors can earn income through recruiting new members, the emphasis is on selling products or services, rather than simply recruiting new members.

THE EVOLUTION OF NETWORK MARKETING

Network marketing has evolved over time, with many companies now offering a wide range of products and services, from health and wellness products to financial services and more. In addition, many network marketing companies have embraced technology, using social media and other online platforms to reach new customers and build their businesses.

Overall, network marketing can be an effective business model for individuals who are willing to put in the time and effort to build their own businesses. By focusing on building relationships with customers and team members, and by providing high-quality products or services, network marketers can create a sustainable income stream and achieve financial success.

KEY COMPONENTS OF NETWORK MARKETING SUCCESS

Network Marketing Effectiveness: Strategies

Network marketing, also known as multi-level marketing (MLM), is a business model that relies on a network of distributors to sell products or services directly to consumers. Success in network marketing requires a combination of effective sales strategies, recruitment and team building, and training and resources.

EFFECTIVE SALES STRATEGIES

Successful network marketers know how to sell products or services effectively. They understand their target audience and tailor their sales approach accordingly. They use a variety of methods to reach potential customers, including social media, email marketing, and direct mail.

One effective sales strategy is to focus on the benefits of the product or service rather than its features. By highlighting how the product or service can improve the customer’s life, network marketers can increase their chances of making a sale.

RECRUITMENT AND TEAM BUILDING

Recruiting and team building are critical components of network marketing success. To build a successful team, network marketers must identify motivated individuals who are willing to invest time and effort into their business. They must also provide ongoing support and training to help their team members succeed.

One effective recruitment strategy is to focus on building relationships with potential team members. By getting to know them and understanding their goals and motivations, network marketers can better tailor their approach to recruitment.

TRAINING AND RESOURCES

Effective training and resources are essential for network marketing success. Network marketers must provide their team members with the tools and knowledge they need to succeed, including product information, sales techniques, and marketing materials.

One effective training strategy is to provide ongoing support and education through webinars, conference calls, and training sessions. By investing in their team members’ development, network marketers can help them grow their business and achieve greater success.

In conclusion, network marketing success requires a combination of effective sales strategies, recruitment and team building, and training and resources. By focusing on these key components, network marketers can build a successful business and achieve their goals.

ANALYZING NETWORK MARKETING COMPANIES

Network Marketing Effectiveness: Strategies

When analyzing network marketing companies, it is important to consider various factors that contribute to their effectiveness. This section will examine some of the key aspects of network marketing companies, including their company profiles and success stories, compensation structures and incentives, and ethical considerations and controversies.

COMPANY PROFILES AND SUCCESS STORIES

One of the most important factors to consider when analyzing network marketing companies is their company profile and success stories. Successful network marketing companies such as Avon, Amway, Mary Kay, Herbalife, Tupperware, Natura, Oriflame, and QNet have all built strong brand identities and have become household names in many countries. These companies have been able to achieve success by partnering with successful sponsors and building strong organizational structures that incentivize partners to work together towards a common goal.

COMPENSATION STRUCTURES AND INCENTIVES

Another important factor to consider when analyzing network marketing companies is their compensation structures and incentives. Network marketing companies typically offer commissions to partners based on the sales they generate, as well as bonuses and other incentives for achieving certain sales targets. It is important to carefully examine these compensation structures and incentives to ensure that they are fair and provide partners with a reasonable opportunity to earn income.

ETHICAL CONSIDERATIONS AND CONTROVERSIES

Finally, when analyzing network marketing companies it is important to consider ethical considerations and controversies. While many network marketing companies operate ethically and provide partners with a legitimate opportunity to earn income, there have been instances where some companies have engaged in unethical practices or have been banned in certain countries. It is important to carefully evaluate the ethical track record of any network marketing company before investing any time or money into their program.

In conclusion, analyzing network marketing companies requires a careful consideration of various factors, including their company profile and success stories, compensation structures and incentives, and ethical considerations and controversies. By carefully evaluating these factors, individuals can make informed decisions about which network marketing companies to partner with and can maximize their chances of success in this industry.

MARKETING STRATEGIES AND CUSTOMER ENGAGEMENT

Network Marketing

Network marketing relies heavily on effective marketing strategies and customer engagement to succeed. By building brand and product awareness, leveraging social media and online platforms, and creating a loyal customer base, network marketers can increase their effectiveness and grow their business.

BUILDING BRAND AND PRODUCT AWARENESS

Building brand and product awareness is essential in network marketing. This involves creating a message that resonates with customers and effectively communicates the benefits of the product. To achieve this, network marketers must have a deep understanding of their target audience and their needs. They can then tailor their message to meet those needs and create a connection with the customer.

LEVERAGING SOCIAL MEDIA AND ONLINE PLATFORMS

Social media and online platforms provide a powerful tool for network marketers to reach a wider audience. By leveraging these platforms, network marketers can connect with customers and build relationships that lead to sales. They can also use social media to create a community around their product, which can help to increase brand loyalty and customer engagement.

CREATING A LOYAL CUSTOMER BASE

Creating a loyal customer base is critical to the success of network marketing. This involves building a relationship with customers and providing them with a high level of service and support. By doing this, network marketers can create a sense of trust and loyalty that encourages customers to purchase their products and recommend them to others.

To achieve this, network marketers can use a variety of strategies, including offering incentives and rewards for repeat business, providing excellent customer service, and creating a sense of community around their product.

NETWORK MARKETING EFFECTIVENESS: STRATEGIES FOR SUCCESS

In conclusion, effective marketing strategies and customer engagement are essential for the success of network marketing. By building brand and product awareness, leveraging social media and online platforms, and creating a loyal customer base, network marketers can increase their effectiveness and grow their business.

How Do You Build Your Network?

Tim Moseley

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Solana Bulls Look To Propel SOL Price Past 150 But All Doesn’t Seem Quite Well

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Solana Bulls Look To Propel SOL Price Past $150, But All Doesn’t Seem Quite Well

By Georgi Farfarov – February 5, 2024

Solana (SOL) is one of the most crucial players in crypto. Its recent market movements have kept many on the edge, with SOL attempting to break free from the $100 zone. The burning question on everyone’s mind is whether Solana can sustain its upward momentum and secure a position above the crucial $150 mark.

The Current Scenario

SOL went on a heavy decline after facing resistance at the $106 level, similar to Bitcoin’s struggles around $43,800. The setback resulted in a dip below the $102 and $100 support levels, compounded by a break in a key bullish trend line with support at $100 on the 4-hour chart of the SOL/USD pair.

However, demonstrating resilience, the bulls rallied near the $92 level, supported by the 100 simple moving average (4 hours). Currently, SOL is trying to stay above $95 and build momentum for another push upwards.

Key Resistance Levels

SOL aims to overcome the $100 resistance, which is a critical level.

This may form a bullish trend and make $104 the next significant obstacle. This level corresponds to the 76.4% Fibonacci retracement level from the recent drop from $106.41 to $92.95.

A Breakthrough and Beyond

If SOL can close above the $104 resistance, the price may go even higher. Traders are closely watching the $132 mark as the following resistance level, and any further gains might propel SOL toward the coveted $150 level.

The Downside Scenario

While there’s plenty of optimism around Solana’s price potential., the crypto market is known for its unpredictability. If it fails to reach the $100 resistance, this may lead to another dump.

Initial support is around the $92 level and the 100 simple moving average (4 hours), with $90 being the first support. A drop below this level could retest $85, and a close below $85 might open the door to a dump towards the $78 support.

Technical Indicators

Examining technical indicators, the 4-hour MACD for SOL/USD is gaining pace in the bullish zone, instilling confidence in the potential for an upward movement. The 4-hour RSI (Relative Strength Index) is also above 50, signalling positive strength in SOL’s current position.

As Solana continues its journey in the crypto market, the spotlight remains on its ability to navigate key resistance levels. Traders closely monitor developments around $100 and $104, recognizing that a breakthrough or failure at these levels could shape SOL’s near-term trajectory.

DISCLAIMER: None Of The Information You Read On ZyCrypto Should Be Regarded As Investment Advice. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

The original article written by Georgi Farfarov and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Get secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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Dormant Ether Address Awakens After 85 Years Realizing A 11 Million Profit

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Dormant Ether Address Awakens After 8.5 Years, Realizing A $1.1 Million Profit

By Newton Gitonga – February 4, 2024

In a surprising development, a dormant Ethereum (ETH) address, inactive for 8.5 years, has sprung to life, causing ripples in the cryptocurrency community.

The mysterious address, containing 492 ETH, equivalent to a staggering $1,139,052, was brought to light by the popular crypto tracking service, “Whale Alert,” in a tweet on Friday.

Since the launch of Ethereum on July 30, 2015, the coins have remained securely stored. Notably, on February 2, 2024, a test transaction of 0.5 ETH was seemingly initiated from the address as seen on Etherscan. Subsequently, a transfer of 98 ETH was executed, redirecting the funds back to the same wallet.

The unexpected awakening of such a substantial amount of Ethereum raises numerous questions within the crypto community, leaving enthusiasts puzzled about the motives behind this sudden move.

Various theories thrive regarding the owner’s intent, with one line of thought proposing that the address’s revival may stem from the recovery of lost or forgotten seed phrases.

Alternatively, some posit that the long-term holder, otherwise known as a “hodler,” might have opted to liquidate their assets, enticed by attractive profits.

Others have speculated that the awakening is fueled by upcoming upgrades on the Ethereum network as well as the potential approval of a spot ETH ETF, both of which are seen as potential catalysts for the cryptocurrency.

That said, Friday’s occurrence, however, is not an isolated one. On January 22, the platform reported another case where a dormant pre-mine address containing 133 ETH worth $329,492 was activated after 8.5 years. Similarly, on January 14, another address containing 200 ETH worth $506,140 was reactivated after the same period of dormancy.

Notably, the largest resurgence happened on December 23, when Whale Alert reported the activation of a dormant pre-mine address containing a staggering 11,640 ETH, equivalent to a jaw-dropping $26.5 million.

Amidst these developments, Ethereum has demonstrated resilience in its trading performance, maintaining a nominal strength in the aftermath of a challenging January. Notably, ETH recently experienced a rebound from a pivotal support level of around $2,200.

That said, a potential surge could propel it upwards to January highs of $2,700 with further sights on a formidable $3,400. Conversely, a downside shift may see the cryptocurrency sliding below $2,200, potentially dropping to around $1,790.

ETH was trading at $2,320 at press time after a 0.56% surge in the last 24 hours.

DISCLAIMER: None Of The Information You Read On ZyCrypto Should Be Regarded As Investment Advice. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

The original article written by Newton Gitonga and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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Home Based Business Leads Made Easy: Top Strategies and Services

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Home Based Business Leads Made Easy: Top Strategies and Services

Home-based businesses are becoming increasingly popular due to their flexibility and convenience. Starting a business from home can be a great way to earn extra income or even turn a hobby into a full-time job. However, finding leads for a home-based business can be challenging, especially for those who are just starting out.

A cluttered desk with a computer, phone, and notepad. A stack of business books and a calendar with highlighted dates. A "Top Strategies and Services" poster on the wall

Identifying your niche is the first step in finding leads for your home-based business. This involves determining what products or services you will offer, who your target audience is, and what sets your business apart from competitors. Once you have identified your niche, planning and strategy are essential to building a successful home-based business. This includes creating a business plan, setting goals, and establishing a budget.

Building your online presence is crucial for generating leads and growing your home-based business. This can be done through creating a professional website, utilizing social media, and optimizing your website for search engines. Operational essentials such as setting up a home office, managing finances, and staying organized are also important for the success of your home-based business. Finally, marketing and growth strategies such as networking, advertising, and building relationships with customers are crucial for generating leads and growing your business.

KEY TAKEAWAYS

  • Identifying your niche and creating a solid business plan is essential for finding leads for a home-based business.
  • Building a strong online presence through a professional website and social media is crucial for generating leads and growing your business.
  • Operational essentials such as managing finances and staying organized, as well as marketing and growth strategies such as networking and advertising, are important for the success of a home-based business.

IDENTIFYING YOUR NICHE

A desk with a laptop, phone, and notebook. A stack of business books and a sign with "Niche Home Based Business Leads" written on it

Before starting a home-based business, it is essential to identify a niche that has potential demand. A niche is a specific area of the market that your business will focus on. Identifying a niche can be challenging, but it is crucial to the success of your home-based business. Here are some strategies to help you identify your niche.

MARKET RESEARCH AND DEMAND

Market research is the process of gathering information about the marketplace to understand the demand for a particular product or service. Conducting market research is essential for identifying your niche. You can use tools like surveys, focus groups, and social media analytics to gather data and gain insights into consumer behavior.

Once you have gathered data, you can use it to determine the potential demand for your product or service in the marketplace. This can help you identify a niche that has the potential for growth and profitability.

EVALUATING HOME BUSINESS IDEAS

There are many home business ideas to choose from, but not all of them will be profitable. It is essential to evaluate potential home business ideas to determine if they are viable. This can involve researching the competition, understanding the target market, and considering the startup costs and potential revenue.

By evaluating potential home business ideas, you can identify a niche that has the potential for growth and profitability.

UNDERSTANDING YOUR COMPETITION

Understanding your competition is essential for identifying a niche that has potential demand. You can use tools like Google Trends and social media analytics to identify your competition and understand their marketing strategies.

Once you have identified your competition, you can use this information to differentiate your product or service and target a specific niche. This can help you stand out in the marketplace and attract customers.

In conclusion, identifying your niche is essential for the success of your home-based business. By conducting market research, evaluating potential home business ideas, and understanding your competition, you can identify a niche that has the potential for growth and profitability.

PLANNING AND STRATEGY

A home office with a desk, computer, and phone. A whiteboard with business strategies and leads. Bright, organized, and professional

When starting a home-based business, creating a solid business plan is essential. A business plan outlines the goals, strategies, and financial projections of the business. It helps entrepreneurs to stay focused and on track, especially during the early stages of the business.

CREATING A SOLID BUSINESS PLAN

A business plan should include a company overview, market analysis, marketing and sales strategies, financial projections, and management structure. It should be well-researched and tailored to the specific needs and goals of the business. Entrepreneurs can use free online templates or seek the help of a professional business plan writer to create a comprehensive plan.

SETTING REALISTIC GOALS AND SCHEDULE HOME BASED BUSINESS LEADS MADE EASY

Setting realistic goals and schedule is crucial for the success of a home-based business. Entrepreneurs should set specific, measurable, achievable, relevant, and time-bound (SMART) goals. They should also create a realistic schedule that allows them to balance work and personal life.

FINANCIAL PLANNING AND STARTUP COSTS

Financial planning is a critical aspect of starting a home-based business. Entrepreneurs should determine their startup costs, including equipment, supplies, legal fees, and marketing expenses. They should also create a budget and a cash flow projection to ensure that they have enough money to cover their expenses and sustain the business until it becomes profitable.

In conclusion, planning and strategy are essential for the success of a home-based business. Entrepreneurs should create a solid business plan, set realistic goals and schedule, and conduct thorough financial planning to ensure that their business is sustainable and profitable.

BUILDING YOUR ONLINE PRESENCE

A laptop sits on a desk with a website open, showcasing "Home Based Business Leads Made Easy." A smartphone and notebook are nearby, ready for use

In today’s digital age, building an online presence is crucial for any home-based business. A strong online presence can help establish credibility, attract new customers, and increase sales. Here are some effective strategies for building your online presence:

DEVELOPING AN ONLINE STORE OR WEBSITE

One of the most important steps in building an online presence is creating a website or online store. This not only provides a platform to sell products or services, but also serves as a hub for all online activities. The website should be visually appealing, user-friendly, and optimized for search engines. It should also include relevant information about the business, such as contact information and a description of products or services.

LEVERAGING SOCIAL MEDIA MANAGEMENT

Social media management is another effective strategy for building an online presence. Social media platforms like Facebook, Twitter, and Instagram provide a way to connect with potential customers and promote products or services. It’s important to create engaging content that resonates with the target audience and to post consistently. Social media management tools can help streamline the process and make it easier to manage multiple platforms.

SEARCH ENGINE OPTIMIZATION STRATEGIES

Search engine optimization (SEO) is the process of optimizing a website to rank higher in search engine results pages. This can help drive more traffic to the website and increase visibility. Effective SEO strategies include keyword research, on-page optimization, and link building. It’s important to stay up-to-date with the latest SEO trends and best practices to ensure the website stays relevant and competitive.

In conclusion, building an online presence is essential for any home-based business looking to succeed in today’s digital landscape. By developing an online store or website, leveraging social media management, and implementing effective SEO strategies, businesses can establish credibility, attract new customers, and increase sales.

OPERATIONAL ESSENTIALS

A home office with a computer, phone, and organized desk. A calendar with marked deadlines and a list of essential business leads

Starting a home-based business can be an exciting and rewarding experience, but it also requires careful planning and attention to detail. In this section, we will discuss some of the operational essentials that every home-based business owner should consider.

UNDERSTANDING TAXES AND REGULATIONS

One of the most important aspects of running a home-based business is understanding the tax and regulatory requirements that apply to your business. Depending on the nature of your business, you may be required to obtain licenses and permits, register with state and federal agencies, and collect and remit sales tax.

To ensure that you are in compliance with all applicable laws and regulations, it is important to consult with a qualified tax professional or attorney. They can help you navigate the complex tax and regulatory landscape and ensure that your business is set up for success.

SETTING UP YOUR WORKSPACE HOME-BASED BUSINESSES

Another important consideration when starting a home-based business is creating a workspace that is conducive to productivity and success. This may include setting up a dedicated office space, investing in high-quality equipment and furniture, and establishing clear boundaries between your work and personal life.

To create an effective workspace, it is important to consider factors such as lighting, temperature, noise levels, and ergonomics. By creating a comfortable and functional workspace, you can improve your productivity and reduce stress and fatigue.

STREAMLINING BUSINESS PROCESSES HOME BASED BUSINESS LEADS MADE EASY

Finally, it is important to establish streamlined business processes that help you manage your time and resources effectively. This may include automating repetitive tasks, outsourcing non-core functions, and leveraging technology to improve efficiency and productivity.

Some of the tools and technologies that can help you streamline your business processes include project management software, accounting software, and customer relationship management (CRM) systems. By taking advantage of these tools and technologies, you can focus your time and energy on growing your business and achieving your goals.

In summary, by understanding taxes and regulations, setting up your workspace, and streamlining your business processes, you can set yourself up for success as a home-based business owner. By taking a professional approach and paying attention to the details, you can achieve your goals and enjoy a fulfilling work-life balance.

MARKETING AND GROWTH

GENERATING LEADS AND BUILDING RELATIONSHIPS

One of the most crucial things for growing a home-based business is finding potential customers and forming connections with them. There are lots of ways to do this, like using social media ads, sending emails, and creating helpful content. By making valuable content and interacting with potential customers through different ways, businesses can show that they’re experts in their field and create a loyal customer group.

CUSTOMER REVIEWS AND TRUST BUILDING

Another key factor in the growth of a home-based business is building trust with customers. One effective way to do this is by collecting and showcasing customer reviews. Positive reviews on platforms like Angi and Yelp can help to establish credibility and attract new customers. Businesses can also build trust by providing excellent customer service and offering guarantees or warranties on their products or services.

EFFECTIVE MONETIZATION AND SCALING HOME BASED BUSINESS LEADS MADE EASY

Once a home-based business has established a solid customer base, it’s important to focus on effective monetization and scaling strategies. This can include offering additional products or services, implementing upselling and cross-selling techniques, and exploring new revenue streams. It’s also important to track progress and continually optimize the business model to ensure continued growth and success.

Overall, by focusing on generating leads, building trust with customers, and implementing effective monetization and scaling strategies, home-based businesses can achieve long-term success and growth.

GENERATING LEADS FOR A HOME-BASED BUSINESS CAN BE DONE THROUGH VARIOUS METHODS. HERE ARE SOME STRATEGIES:

  1. Use B2B List Building and Cold Emails: Utilize list-building tools to find potential leads. Then, reach out to them via cold emails1.
  2. Run PPC Ads: Pay-per-click ads can help you reach a wider audience1.
  3. Create Lead Magnets: Offer something valuable (like an e-book or a free consultation) in exchange for contact information1.
  4. Use Your CRM: Customer Relationship Management (CRM) systems can help you find hidden lead generation opportunities1.
  5. Offer Live Chat: A live chat feature on your website can engage visitors and convert them into leads1.
  6. Set Up a Company Blog: Regularly posting relevant content can attract visitors and generate leads1.
  7. Use Social Media: Platforms like Facebook, LinkedIn, and Twitter can be effective for lead generation1.
  8. Create Product/Service Pages and Use SEO: Well-optimized product or service pages can attract organic traffic and generate leads1.

Remember, the key to successful lead generation is to understand your target audience and tailor your strategies to meet their needs1. Good luck!

MARKETHIVE BANNER IMPRESSIONS CAN HELP YOU UNLOCK YOUR MARKETING POTENTIAL

Tim Moseley

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Why Crypto OG Arthur Hayes Foresees A Phenomenal Solana SOL Rally After This Momentous Event

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Why Crypto OG Arthur Hayes Foresees A Phenomenal Solana (SOL) Rally After This Momentous Event

By Brenda Ngari – February 1, 2024

Arthur Hayes, a billionaire known for founding crypto exchange BitMEX, has delved into a potential epic Solana (SOL) price surge connected to imminent turmoil in the U.S. banking system.

SOL On Verge Of Bullish Trend Reversal?

Arthur Hayes, the chief investment officer of family office Maelstrom and the ex-CEO of BitMex, expects markets to relive last year’s U.S. banking crisis, which could subsequently trigger a notable resurgence in the price of Solana.

Hayes indicated that now might be the perfect time to hop back on the Solana train, hinting at explosive growth in the near future.

Hayes’ bullish sentiment is bolstered by recent happenings in the United States banking sector. As per a recent report by Reuters, New York Community Bancorp (NYCB) fell as much as 41% in its share price after investors became skeptical of the firm following a massive dividend reduction. This has prompted fears of a liquidity rug pull event akin to the banking crisis in March 2023.

Looking at the past, Hayes may be presuming that the U.S. government will likely inject liquidity to prevent another modern-day bank run. He expects that this move will spark a huge rally, specifically in the crypto market.

Hayes’ previous prediction on Solana, preceding the token’s move past the $100 milestone, adds a layer of credibility to his latest forecast. As such, SOL holders are now keenly watching the pundit’s analysis, hoping history repeats itself.

Solana’s Network Robustness Could Pave Way For A Price Comeback

SOL was trading for $97.56 at press time, a 1.2% gain on the day. The token soared alongside the broader crypto market rebound. At the current price level, SOL remains 62.7% lower than its peak in November 2021. The fifth-largest crypto has been unable to successfully hold above the $100 level despite recording an impressive 83% gain in December.

A significant source of optimism for SOL’s price performance emanated from the surge in deposits within the network’s decentralized finance (DeFi) sector. Moreover, there has been a notable increase in the activity of the Solana network in terms of transactions and volumes.

There has also been growing market speculation that a spot Solana exchange-traded fund (ETF) could launch in the U.S. in the future after the approval of a spot Bitcoin ETF earlier this month.

Trillion-dollar asset manager Franklin Templeton further fueled the SOL ETF hype after singing the blockchain’s praises for its progress in DeFi, infrastructure, NFTs, and meme coins. The Wall Street giant already offers a spot market Bitcoin ETF investment vehicle.

If Hayes’ prognostication comes to pass, SOL might be primed to test its January highs around $115.

DISCLAIMER: None Of The Information You Read On ZyCrypto Should Be Regarded As Investment Advice. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

The original article written by Brenda Ngari and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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Understanding The Cryptocurrency Token and Network Equity within Markethive and Beyond

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Understanding The Cryptocurrency Token and Network Equity Within The Markethive Ecosystem And Beyond

Since the inception of Bitcoin, it has been regarded as the trailblazer and the gold standard of the cryptocurrency realm. Its influence extends beyond being a digital store of value, as it is often used as a reference point for other digital assets in the crypto finance industry. The emergence of thousands of crypto tokens has led to a plethora of use cases, but the Securities and Exchange Commission's (SEC) tendency to classify most tokens as securities might be misguided, as they have not fully appreciated the groundbreaking potential of these tokens.

The concept of tokens is a foundational permutation in blockchain technology, and it is essential to explain this new concept in a way that is easy to understand. Doing so increases the likelihood that the general public, regulators, and the myriad of established entities will grasp the importance of this paradigm shift. This article aims to demonstrate the various aspects of a cryptocurrency token and why it is crucial for those in positions of authority to gain a deeper understanding.

The complexity of understanding the token stems from its nature as a multi-functional abstract. We are not accustomed to encountering something that possesses multiple functional properties, represents diverse units of value, and exists in a digital form that unifies it all. Tokens are a relatively novel concept, and if we persist in attempting to categorize or categorize them using our previous frameworks, we will miss their potential. In essence, tokens can simultaneously embody the characteristics of currency, equity, financial instruments, rewards, rights, and, since blockchain, digital assets.

 

Traditional Thinking

Until now, we’ve only been familiar with fragmented structures to represent each of these roles. For example; 

CURRENCY: We have employed currencies such as the dollar, yen, euro, pound, and numerous other sovereign fiats for currency. 

EQUITY: In the equity realm, we have shares or stock units, commonly referred to as securities. 

FINANCIAL INSTRUMENTS: Regarding financial instruments, we have an array of options, such as derivatives, bonds, futures, options, swaps, and so on, which brokers, agents, custodians, or exchanges typically manage. 

REWARDS: For incentives or rewards, we have various companies doling out reward points, frequent flyers, loyalty cards, and the like. 

RIGHTS: For rights, we have government-issued identity cards or share proxies that enable us to participate in the governance of matters that concern us, effectively giving us a voice in decision-making processes.

However, introducing a token that combined all these facets into a single entity led to much confusion in traditional finance, corporate, private, and public arenas.

The advent of blockchain technology has created a distinct category of digital assets: non-fungible tokens. (NFTs) These tokens are unique and transferable units of value that can represent a wide range of items, including a digital artwork of a cat, such as CryptoKitties, a cartoon character, a virtual toy, or a rare in-game item. 

They can also represent real-world items like concert tickets or collectibles. This classification encompasses all the possible use cases for crypto tokens, opening up new possibilities for the future of digital ownership and exchange.

The Six Roles Of A Token

Currency can be exchanged for goods and services or utilized to access computer resources associated with blockchain technology, such as Ethereum’s gas, Bitcoin’s miner fees, transaction fees, etc. 

Equity signifies owning a tangible asset such as real estate or a representation of a commodity like gold.

Financial instruments encompass a wide range of financial services products, both existing and emerging that are destined to transition to a fully digital format in the future.

Rewards are work tokens, representing a tangible outcome that can be earned through various forms of human or computer-based effort. This can include active contributions, such as completing tasks or providing services, as well as passive contributions, such as sharing valuable data or content.

A Right may encompass the ability to participate in decision-making processes such as voting (governance-related) or the ability to access resources like digital content or services that offer tangible benefits.

The Digital Asset signifies a virtual entity, an NFT (non-fungible token) within the blockchain community. These tokens are unique digital objects that exist solely in a digital format and do not have a physical counterpart.

Additionally, tokens can also have a time-based restriction, meaning their usage is limited to a specific period. They can be locked or unlocked, which determines when they can be used.

A crypto token can potentially encompass all of these functions simultaneously, or only a few of them. Alternatively, it might initially serve one purpose and evolve into others. This challenges regulators and others as they struggle to comprehend and regulate this innovative concept that exists in multiple forms concurrently, contrary to our accustomed perception of them as separate entities.

Moreover, each token can have numerous variations in its lifecycle, including creation, acquisition, purchase, sale, granting, storage, and utilization. The most crucial aspect is that these tokens can be exchanged, traded, or transferred between individuals without the need for intermediaries, fostering a seamless and decentralized process.

The token embodies the adaptable spirit of a chameleon, utilizing cutting-edge technology to shatter various barriers imposed by society, government, and commercial entities. This versatile tool condenses numerous constructs into a single, potent symbol of innovation and progress.

This leads us back to the topic of regulation. The focus on securities regulation for governing tokens is misguided. It's like trying to force a square peg into a round hole or applying a solution where it's not needed. This approach not only hinders the development of new business models but also stifles the potential of token-based innovations.

Accordingly, it is essential to acknowledge that the token represents a distinct category of assets. To succinctly describe it, we can refer to it as a novel asset class that warrants its own legal and regulatory framework. Unlike the term "security," which regulators may use to classify it, a token does not always signify a personal financial stake or equity share in a larger financial entity. Instead, it serves as a novel representation of our progressively digital existence. 


William Mougayar's Blockchain Marketplace. Source: Coindesk 

Tokens Create Value Through User-Generated Work

Apart from tokens, protocols, and new forms of securities, there is a broader concept at play here. This concept revolves around the work that is indirectly symbolized by the tokens and its connection to the generation of value through user interactions. In other words, it pertains to the paradigm of creating value through work.

Tokens serve as a tool to achieve a goal. User actions yield tokens, which represent their value in the digital realm. These tokens are directly tied to the worth generated by users' efforts, benefiting both the network and other users.

Social networks have long been associated with user-generated content (UGC), which refers to creating and sharing original content by users. However, as the concept evolves, it may be more accurate to refer to it as user-generated work (UGW) in order to highlight the importance of diverse user participation that yields tangible financial benefits.

Categorizing Token Functions in Three Components

1. Tokens that enable a protocol's functionality, like Bitcoin or Ethereum, are primarily utilized for software development activities carried out by the network participants.

2. Tokens that are inherent to a vertical-specific area of operation, such as Steemit, Filecoin, and Storj, are used for tasks like curating or creating content, storing files, sharing data, etc. 

3. Tokens that expand existing businesses, such as loyalty points provided by established companies, have the potential to create an ecosystem that drives more transactions. We can refer to this as "hybrid models," which is the classification that Markethive belongs to.

The underlying principle is that users' behaviors and engagements within the platform create value, which in turn allows them to earn internal tokens that can be used to facilitate new transactions within the network, thereby generating further value.

► The tokens that are generated resemble the outcome of the user's activities.

► Tokens embody a multifaceted purpose, transcending their traditional role as a medium of exchange. They also serve as a measure of reputation, a reflection of engagement, a symbol of influence, and a gauge of activity within a given community or platform.

► Tokens serve as a representation of the economic activity occurring within the network.

► Acquiring tokens should be achieved honestly, not through manipulative gaming tactics.

► The more aligned the token is with a company's core values and business model, the greater its long-term viability will be.

► Value creation is aimed at various categories of individuals or customers, such as core developers, creators of applications, end-users, speculators, ecosystem collaborators, founders, buyers, sellers, readers, writers, investors, influencers, partners, and more.

The foundation of these tokenized structures is the principle that every participant is entitled to receive a portion of the total value generated through their combined efforts.

The Evolution Of Digital and Social Media

Facebook
Facebook's business model revolves around capitalizing on its users' attention and engagement, including likes, shares, posts, and comments, yet users don't receive any compensation for their contributions. If Facebook were structured as a decentralized entity with a token, users would earn tokens for their participation, which could be traded or redeemed through a liquid marketplace, both within and outside the platform.

Facebook does not engage in economic sharing. However, billions of individuals create and share content for them. Meanwhile, Facebook has been researching user data to understand how friendships on the platform are linked to economic opportunities. They have found that social connections greatly influence people's ability to secure employment, excel academically, and receive assistance in times of crisis. This behavior may harm Facebook as other business models centered around sharing network equity gain popularity.

X (formerly Twitter)
In contrast, Elon Musk's X has relaxed its censorship rules and is currently prioritizing the development of a peer-to-peer payment system. Musk envisions a platform where users can easily transfer funds to others and withdraw their money into verified bank accounts. Furthermore, there are plans to introduce a high-interest money market account to incentivize users to keep their funds within the X platform. This strategy would directly challenge PayPal's dominance in the market, as Musk aims to revolutionize the current banking system.

The payment system will also facilitate X's expansion into the creator economy, which rewards users with at least 500 followers and 5 million organic post impressions in the past three months. These users can now participate in X's Ads Revenue Sharing program, furthering the platform's commitment to empowering creators in the digital economy. 

It’s yet to be determined whether the payment system will include cryptocurrency even though Musk hinted at supporting crypto on the platform, briefly switching out Twitter's bird logo to dogecoin's dog before its rebranding to X.

Markethive
Markethive understands and has embraced the concept of "Tokenization of Work" and has leveraged cryptocurrency and blockchain technology to create a revolutionary platform that is trailblazing a new path in the digital media landscape. This groundbreaking project is the first to venture into uncharted territory that no other platform has dared to explore. Its innovative hybrid model serves as a benchmark for the future of digital media.

Markethive’s vision is a fully decentralized social network inbound marketing and broadcasting platform integrated and operated on a massively distributed database system (the internal giant blockchain), controlled by a smaller external blockchain Markethive’s dApp wallet will utilize. 

Essentially, the Markethive ecosystem has its own financial operating system with its native token, the Hivecoin (HVC), which is used as a medium of exchange and will continually be circulating, earned, and accumulated by users within the Markethive economy.  It allows us to be completely decentralized financially with complete autonomy and protection of our intellectual property, ascertaining a viable and comprehensive ecosystem.

Every member of Markethive, free or upgraded, is rewarded and can earn income with Hivecoin in many different ways daily. The only prerequisite is to refer three people to Markethive. Other opportunities include becoming a shareholder through its Founders Token representing the ILP or the Entrepreneur One Upgrade and using the staking advantage provided by our crypto wallet with Markethive Credits. 

Additionally, members can profit from the multiple cottage industries within the Markethive ecosystem. It is important to note that venture capitalists or corporations do not fund Markethive. Instead, it is the community itself that owns Markethive, with no hierarchy in place.

In Closing

We have come a long way since the advent of social media, and tokenization is just one of the ways to reward its users and promote a more equitable distribution of wealth. However, regulatory obstacles pose a significant challenge to the widespread adoption of tokens. So, to overcome these hurdles, it's crucial to facilitate open discussions about tokens and embrace the various applications that incorporate them. By doing so, we can create an environment conducive to the growth and acceptance of tokenization.

 


 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech.  I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

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Help Make Markethive Great

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We need your support

We need to expand our engineer capacity. Right now our revenue comes from investors like you subscribing to the Entrepreneur One subscription for $100 per month. It is handled as a loan. It earns you an ILP (Incentivized Loan Program), an assumable note.

Each ILP you earn will pay interest for 20 years. This interest is an equal share of 20% of Markethive’s revenue. If we should even reach just 10% of LinkedIn, each ILP will return about $25,000 per month for the life of Markethive. Realize this is not a promise but an educated projection.

As an Entrepreneur One subscriber (you can have more than one) you also receive an equal share of our impressions. Right now with current traffic that is about 100,000 impressions earned for your banner ads. You may also sell your banner ads via our banner exchange to other members in Markethive. Only Entrepreneur One subscriptions receive impressions. Impressions selling on the low end @ $2 per CPM making one E1 delivering at least $200 worth of impressions.

When we reach 1 million members that number will rise to 10,000,000 impressions per E1 subscription. I think you can do the numbers from here. When we reach 10 million members and when we reach 100 million members. You get the picture.

All of this takes engineering and marketing. Engineering must reach a level, where we have the promo code system completed, the E1 exchange launched, the Premium Upgrade ready to go and the KYC/2FA login option installed. At that point we begin the 1st phase of our launch.

So you see why we are making this call to you add another Entrepreneur One subscription (or more) to help us scale the wall to our preliminary launch of this massive project.

Now thankyous are in order. We are not funded by a couple big venture capitalists like Facebook was, like Paypal was, like TikTok was, like Instagram was, like Binance was, like…..etc. We are funded by the little guys and gals like you and me. With simply subscribing $100 contributions to the Entrepreneur One loan protocol and earning your lifetime share of our revenue.  It is the loyal members like you making this project a reality.

Because of you we have already delivered the lion’s share of the system. Now we ask you to help us take it to the masses and help this giant rise from the land and sea to serve the masses as the world prepares to receive her savior. Do you want to be part of this? I know I certainly do and so do 100s of other Markethive members.

What say you? See my recording in the current blog.

Subscribe here
https://markethive.com/index_members.php?entrepreneur-popup

Thomas Prendergast
CEO

P.S. I am keeping this offer active until this coming Sunday.

 

 

Tim Moseley

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The Remarkable Influence of Markethive E1 Subscribers

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The Remarkable Influence of Markethive E1 Subscribers

If you are one of the Markethive E1 subscribers who have been supporting the development of this innovative social network, you deserve a big round of applause. Your monthly contributions have helped build a powerful ecosystem that is transforming the way people communicate, collaborate, and professionally grow online. You are part of a visionary group shaping the internet's future.

Markethive is a social network with a purpose. Its purpose is to empower entrepreneurs, freelancers, artists, activists, and anyone who wants to make a positive impact in the world. The company respects your privacy, rewards your participation, and gives you access to cutting-edge tools and resources to help you achieve your business and personal goals.

Thanks to your support, Markethive stands out as a genuinely unique player in the world of social networking, inbound marketing, and cryptocurrency. It's a unique space where entrepreneurs connect and grow their businesses in a safe and supportive environment. And guess what? It's all made possible by your fantastic contributions, our noble investors.

Your monthly support isn't just about the numbers; it's about fueling the development of new features, improving the user experience, and broadening the platform's reach. This has turned Markethive into a social network that's truly one-of-a-kind. And you know what? It's all thanks to you.

When you invest in Markethive, it's not just about backing a platform; it's about supporting a movement. It is a movement dedicated to empowering entrepreneurs and helping them thrive in today's digital economy and a movement for you to attain financial freedom. Your monthly contributions are the powerhouse behind this incredible social network, and we're here to illuminate the extraordinary journey we've embarked on together. Cheers to building something extraordinary! 

A Social Network with Heart

Markethive is a God-given vision that has a vibrant community with a beating heart. What truly makes Markethive stand out goes beyond its features; the authentic sense of community sets it apart. And guess what? You, with your unwavering commitment, are the reason behind this unique environment where members aren't just users but a supportive family.

In this community you've helped create, people don't just navigate through features; they support each other, share valuable knowledge, and cheer for each other's successes. Markethive, in essence, is more than a mere platform; it's a family, and you're the driving force behind the warmth and connection of this company.

Through your dedication, you've carved out a space where individuals from all walks of life can connect and grow together. It doesn't matter where someone comes from, how much experience they have, or what their goals are, Markethive is a place where everyone is welcome. It transcends being just a social network; it's a movement, and you, my friend, are the catalyst for this transformative change.

You have helped build a magnificent sanctuary that isn't just a space to market products or services; it's a place where meaningful relationships are formed, new skills are learned, and contributions to the common good are made. Markethive has evolved into more than just a social network; it's a hub of shared passions, and you are the reason behind that infectious passion. Cheers to creating a space that goes beyond the ordinary, where genuine connections and collective growth flourish! 

Markethive: A Unique Competitor

One of the incredible things about Markethive is that it isn't just taking on the local scene; it's gearing up to compete with the heavyweights in the global social network and crypto project arena. What sets Markethive apart? It's not just about the tools and features; it's about the community, the spirit, and the commitment to empowering entrepreneurs.

In the vast landscape of social networks and crypto projects, Markethive stands out as a unique player, driven by a genuine passion for entrepreneurship and innovation. While others may focus solely on functionalities, Markethive places a premium on fostering a community of like-minded individuals who are not just users but active contributors to each other's success. So, as Markethive steps into the ring with other giants, it brings not just a platform but a movement dedicated to the rise of entrepreneurs and reshaping how they connect, collaborate, and thrive.

Your generous contributions have fueled the creation of a versatile space where entrepreneurs can do more than just dip their toes into the business world. Whether crafting a compelling blog, launching a dynamic campaign, connecting with like-minded individuals in a group, or gaining insights from a webinar, Markethive provides the infrastructure for entrepreneurs to expand their businesses.

The Ripple Effect: Your Investment, Our Collective Growth

Your E1 subscription is more than just a tick on your to-do list. It's like throwing a pebble in a pond, and the ripples? They're pretty darn amazing. When you sign up for the E1 subscription, it's not just about you; it's about a shared vision we're all painting together. Your commitment starts a ripple effect, and those ripples? They touch every corner of the Markethive community.

Now, why does this matter? Well, it's like planting a seed. Your investment grows into something much bigger, benefiting not just you but everyone in this dynamic Markethive family. Think about it: by backing our mission, you're not just getting the key to a toolbox; you're also handing out keys to others. Tools, resources, opportunities – it's like a treasure chest, and you're sharing the loot.

But it goes beyond that. Your support is like a booster for our innovation engine. It helps us fine-tune the platform, making it Fort Knox secure, ready to handle growth, and user-friendly for every tech level, from newbie to pro. And here's the cool part: your E1 subscription? It's not just a thumbs-up emoji for our vision. It's the fuel for our collective growth. Picture it as a bunch of friends on a road trip; everyone pitches in for gas, and suddenly, you're cruising farther and faster.

Together, we're not just building a platform but creating a wave of positive change. Your contribution might seem like a drop in the ocean, but guess what? Those drops add up, creating a tide that lifts all boats. So, keep riding this wave with us. Your investment isn't just about today; it's a high-five to the future. Let's keep creating those ripples, one subscription at a time, and watch how we can make a splash in the world. Let’s get ready for the ride.

Why Your Continued Support Matters

♦ Keeping the Innovation Wheel Turning

Keeping the innovation wheel turning is like keeping a good story rolling. It's all about the ongoing journey, not just a single chapter. At Markethive, we're on a mission to provide top-notch solutions for your online marketing adventures. Picture it like constantly adding cool twists and turns to a thrilling plot.

Your support is the fuel that keeps our innovation engine running smoothly. We're always cooking up new and improved tools, like a writer crafting a captivating sequel. Your feedback and suggestions? They're our plot twists, helping us fine-tune the narrative and make Markethive the go-to platform for all the entrepreneurial storytellers out there.

So, here's to you, our loyal readers and contributors. Together, we're shaping the ultimate success story in the ever-changing digital landscape. Cheers to keeping the pages turning and the innovation flowing!

♦ Expanding Reach and Inviting More to Join the Movement

This company is a fantastic ecosystem where dreamers, doers, and change-makers come together to make a positive impact. But guess what? We're not doing the solo journey; we want you on board!

Markethive empowers entrepreneurs, visionaries, and changemakers to pursue their dreams and positively impact the world. But we can't do it alone. We need your support to spread the word and invite more people to join our community.

By contributing to Markethive, you are helping us grow our network, enhance our features, and create more opportunities for everyone. You are also enriching the community with your unique insights, experiences, and skills. Together, we can make Markethive the ultimate hub for innovation, collaboration, and social good.

♦ Leave Your Mark on Markethive's Future

So, when we talk about Markethive, we're not just talking about a regular platform. It's a big project, a legacy in the making. Now, why do I say that? Your support and involvement in Markethive are like planting a tree that will keep growing and making a difference.

Think of it as leaving your mark on this mind-blowing social network. Your actions and your support all add up to something much bigger. It's not just about today; it's about the lasting impact you're making for the future. You're part of something extraordinary, and together, we're creating a story that will be remembered by generations yet unborn.

So, every time you engage with Markethive, you're essentially contributing to this bigger picture, leaving a kind of "indelible mark" – a mark that won't easily fade away. You are part of a journey where your steps matter, shaping what's coming next, which is this year. Markethive is launching from the depths of the oceans to the top of the highest mountains.

Conclusion: Together, We Build the Extraordinary

In wrapping up, we want to express our most profound appreciation for each Markethive E1 subscriber. Your contributions have transformed a vision into reality, creating an extraordinary social network that continues to redefine the landscape. As you consider your monthly E1 subscription, know that it's not just a transaction; it's a continued investment in something exceptional.

Your monthly subscriptions serve as the lifeblood of continuous innovation. 
We thank you for your continued support and loyalty. We appreciate your trust and confidence in our vision and mission. We hope that you are happy with the results that we have achieved so far and that you are excited about the future that we are building together.

We also invite you to keep supporting Markethive and to spread the word about it. The more people join Markethive, the more value it will generate for everyone. The more E1 subscribers we have, the more resources we will have to improve and expand Markethive. The more feedback we get, the more we can tailor Markethive to your needs and preferences.

You are the reason why Markethive exists. You are the reason why Markethive is extraordinary. You are the reason why Markethive will succeed. Thank you for being the heart and soul of Markethive. Let's continue this incredible journey together! Remember, your E1 subscription makes Markethive extraordinary. 

 


 

About: Prince Ibenne. (Nigeria) Prince is passionate about helping people understand the crypto-verse through his easily digestible articles. He is an enthusiastic supporter of blockchain technology and cryptocurrency. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

Tim Moseley

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Why Experts Foresee Solana SOL Outshining Ethereum ETH By 500 In the Next Bull Run

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Why Experts Foresee Solana (SOL) Outshining Ethereum (ETH) By 500% In the Next Bull Run

By Newton Gitonga – January 19, 2024

The co-founders of leading crypto analytics firm Glassnode, Jan Happel and Yann Allemann, foresee Solana (SOL) outperforming Ethereum (ETH) by a staggering 500% in the next bull run.

The duo who operate under the X account “Negentropic” recently shared their optimistic outlook on Solana’s potential ascent. Notably, their perspective was inspired by a recent interview featuring macroeconomist Henrik Zeberg and Global Macroinvestor CEO Raoul Pal, where the discussion centered around the potential for a remarkable rally in the SOL/ETH chart.

Notably, the interview host asked Pal and Zeberg about their crypto preferences for a $10,000 investment over a 12-month period, specifically focusing on Ethereum and Solana in terms of risk-adjusted returns.

Pal and Zeberg, examining Solana’s recent performance trend, expressed strong confidence in its significant momentum. They anticipated Solana maintaining its upward trajectory, surpassing Ethereum, as indicated by the SOL/ETH chart.

That said, Glassnode’s co-founders delved into Pal and Zeberg’s analysis to answer the intriguing question of how much Solana could potentially outperform Ethereum. According to insights from Glassnode’s analytics, the current SOL/ETH ratio stands at around 0.14, and the co-founders anticipate a substantial increase in the ratio.

“We all watched Zebergand and Paul talking about SOL-ETH ratio. They both agreed it looks BULLISH. But – just how much could the ratio rally? This chart suggests, that the SOL/ETH ratio could rise to ~0.76 from current level of ~0.14. In other words, SOL may outperform ETH by 4-5X into the Crypto top.” Negentropic remarked.

Contrary to an isolated rally for SOL, the market experts also anticipated a significant bullish rally for Ethereum.

That said, following a remarkable surge last month that propelled it to reach an impressive $126, SOL has experienced a subsequent retracement attributed to profit-taking by investors and the broader market downturn, particularly influenced by Bitcoin’s performance after the spot BTF approval.

However, despite this setback, bullish sentiments surrounding Solana remain notably high. In a Friday tweet, analyst “Crypto Simon” noted that the SOL/USDT price chart is signalling a potential breakout from its descending channel, suggesting a shift towards an upward trend. He further highlighted a high probability of a bullish movement originating from the support level around $98, with SOL poised to target resistance levels near $128.

At press time of the latest update, Solana was trading at $89.31, reflecting a 6.36 % decline over the past 24 hours. Ethereum, on the other hand, was trading at $2,438 after experiencing a similar 3.8% decrease during the same timeframe. Despite this decline, Solana’s one-year trajectory remains notably robust at 340.43%, surging from around $20. In contrast, Ethereum’s one-year trajectory is comparatively lower at 60.72%, indicating growth from $1,500.

DISCLAIMER: None Of The Information You Read On ZyCrypto Should Be Regarded As Investment Advice. Cryptocurrencies Are Highly Volatile, Conduct Your Own Research Before Making Any Investment Decisions.

The original article written by Newton Gitonga and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

** Loans, secure funding for business projects in the USA and around the world. Learn more about USA & International Financing at Commercial Funding International. **

Tim Moseley

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What Is It About a Home-Based Business That Can Make You Money?

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What Is It About a Home-Based Business That Can Make You Money?

Make Money Home Based Business

Please enlighten me on a home-based business that allows you to make money.

Start Your Own Business from Home

If you want to make money and have more freedom than a regular 9 to 5 job, consider starting a business from your own home. It’s a low-cost and almost free way to generate a monthly income while enjoying the comfort of working from home.

Because you are your own employer, you are able to determine your own working hours and break times while still earning money. As a result of the abundance of home-based company ideas, you are able to pick and select anything that aligns with your interests and areas of skill while still generating income. There are many advantages to operating a business from home.

AS A RESULT

As the Internet has expanded, more people have started home-based Internet businesses using affiliate marketing to make money. To start this kind of business, you need to create a website and send visitors to an affiliate. The affiliate will pay you when these visitors make a purchase after clicking on your website. Since it’s free to sign up with other firms as an affiliate, this is a way to run a home-based Internet company without investing money.

ON THE OTHER HAND

On the flip side, just creating a website to make money is not sufficient. Home-based online businesses need to put in extra effort to make their websites generate income.

The cost of running an online business is not entirely free. You need to pay for the domain name and web hosting. However, when comparing the costs of starting a physical store to starting an online business from home, it may seem almost as affordable as a home-based Internet business.

IT IS NECESSARY

It is necessary to acquire an understanding of the inner workings of affiliate marketing in order to be successful in making money through this method. When it comes to making money online, selecting online merchants that people want to buy from is a good strategy.

 

By reading all of the material that is accessible on affiliate marketing, home-based business owners who have modest internet enterprises can obtain the information that they require in order to run a free affiliate marketing business from the comfort of their own homes. Selecting a retailer who offers products that are in demand by customers is the most important element.

THE OWNERS OF HOME-BASED BUSINESSES

The owners of home-based businesses need to search the Internet in order to locate online merchants that have a good ranking in the search engines in order to profit from their businesses.

Discover how you can benefit from a free home-based Internet business by researching the websites that have links to affiliates and learning how to take use of these links. Think about what is currently trending in the market, and then begin the process of locating retailers who sell products of a similar quality to those that are available.

After completing this step and getting your website up and operating, you will be well on your way to achieving your goals. In order to continue making money, you will need to continue working for at least a few hours every day. One of the requirements of running a home-based business that makes use of the Internet is that you must always be on the lookout for new ideas and innovations.

If you want to make money, starting an online home-based business is a really efficient and affordable method.

ecosystem for entrepreneurs

Markethive’s HVC Token Poised for Crypto Market Triumph

Tim Moseley

The Artist that came out of the Winter