TOKEN PLAY EXPLANATION: HALVING
Halving definition:
A Bitcoin halving event is when the reward for mining Bitcoin transactions is cut in half.This event also cuts in half Bitcoin's inflation rate and the rate at which new bitcoins enter circulation. Previous halving have correlated with intense boom and bust cycles that have ended with higher prices than prior to the event.
Bitcoin halving affects the Bitcoin network
After the halving, a decrease in block rewards often leads to an increase in the price of Bitcoin due to a decrease in supply and increased demand. This can be considered as a good investment opportunity for investors. However, the rate of price increase will vary based on the demand and popularity of the halving event at the time it occurs.
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VIETNAM ARAB CHINESE
