#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
🪙 $SLF at historical low: Is it time to catch the crypto-bounce back? 🔥 Analysis of Selfchain! Hello, crypto researchers! 👋 Today we are examining Selfchain ($SLF) — an innovative project of modular MPC/L1 wallets, whose coin has plummeted by -90% from ATH and is now trading at historical lows! 📉 But is everything really hopeless? Or is this a chance for early adopters? Let's figure it out with emojis! 🚀
💡
Selfchain is a modular L1 network built on Cosmos SDK, which
simplifies the creation of secure MPC wallets for users, DAOs and
institutions. Key features:
🔑 MPC + Intent-Centric Architecture: Secure key management + "smart" transactions.
🧩 Modularity: Easily integrate wallets into dApps, DeFi, GameFi.
🛡️ Multichain: Support for Ethereum, Bitcoin, Cosmos, Solana, and others.
Coin $SLF: Network management, staking, gas payment, access to premium features.
📉 Why is $SLF at the bottom? Reasons for the decline:
1️⃣ Overall crypto bear market 🐻📉: Altcoins, especially infrastructure ones, have dropped more than BTC.
2️⃣ Low network activity 📊: Mainnet was recently launched (Q1 2024), the ecosystem is in its infancy.
3️⃣ Early Investors Sale 💸: Part of the private rounds has been unlocked against the backdrop of weak demand.
4️⃣ Competition ⚔️: Safe (Gnosis), Ledgermatic, other MPC solutions.
🚀 5 REASONS TO BELIEVE IN THE BOUNCE BACK OF $SLF:
1️⃣ 💪 Strong foundation & TeamFounder Lucas Huang (ex-CSMO at Particle Network).
The technology is real: Working mainnet, SDK for developers.
2️⃣
📈 VERY low capitalization ( now ~$4.5M! ) At ATH capitalization
was >$50M → Growth potential 10x+ with market and product revival.
Fully diluted valuation (FDV) ~$35M — a pittance for an L1 with ambitions!
3️⃣ 🔥 Tokenomics with burning mechanisms Up to 50% of network fees are burned → Gradual reduction of $SLF supply.
Staking ( up to 15% APY ) reduces liquidity + stimulates holders.
4️⃣
There will be new dApps on Selfchain → Demand for $SLF.
5️⃣ 📉 Technically OVERBOUGHT! RSI on the daily chart < 30 — a classic signal for a bounce back.
Sales volumes are falling → Sellers are exhausted.
If the team executes the roadmap, attracts developers and users — a bounce back of 5-10x from current prices is realistic! #SLF#