Greetings Cryptonians! 

Here is your price roundup of the week:

BTC- $64 768

Eth - $3152

Sol- $148 

Once again we have a crazy, historic week for crypto! 

The Bitcoin halving has officially occurred, and the reward for mining BTC has dropped from 6.25 BTC down to 3.125 BTC. 

The halving occurred so silently it was like it almost didn't happen as the 840 000th block ticked past with ease. As we have discussed previously, this usually has an effect on the long term price of BTC, as the rewards for miners solving blocks has now decreased.

This is more pertinent to the BTC maximalists, as opposed to general crypto investors.

So, we hope you have positioned yourself correctly, as we anticipate an exciting year ahead for the BTC world. 

In other events, the launch of the token created by famous Crypto influencer and youtuber Ran Nuener, termed $GUMMY, was successful in launching their first “memecoin” with 100% of the tokens going to the community. All users had to do was participate in the airdrop and they could qualify to receive these tokens, which were released on April 20 2024, in honor of 420 day.

Projects like this come up very often and cause many people to get excited for the airdrops, which are basically free tokens given to users who participate in the  projects earlier on. Pretty awesome right? It's almost like getting free money! 

However, don't be fooled, as many projects claim to be giving airdrops, and often take most of the coins to themselves, which they then sell as soon as the token reaches a higher price. This is what we call a  rugpull, meaning they sell their tokens and plummet the price, leaving the people who bought the tokens with nothing. So as we always say: DYOR (Do your own research) and always monitor your allocations wisely.