When does the Year of the Kraken end in the world of cryptocurrencies?

3 answers

• Dec 29, 2021 · 3 years ago
  The Year of the Kraken is not a specific time period in the world of cryptocurrencies. It is a metaphorical term used to describe a period of intense volatility and unpredictability in the crypto market. The term 'Kraken' refers to the mythical sea monster known for its destructive power. So, the Year of the Kraken can be seen as a period of time when the crypto market experiences significant fluctuations and challenges.
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• Dec 29, 2021 · 3 years ago
  The Year of the Kraken is not a fixed duration in the world of cryptocurrencies. It is more of a concept that represents a period of time when the crypto market is highly volatile and unpredictable. It can last for a few months or even longer, depending on various factors such as market conditions, regulatory changes, and investor sentiment. During this period, it is important for crypto investors to stay updated and make informed decisions.
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• Dec 29, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, believes that the Year of the Kraken is an ongoing phase in the crypto market. According to their analysis, the market is currently experiencing a high level of volatility and uncertainty, which is characteristic of the Year of the Kraken. They recommend investors to exercise caution and diversify their portfolios to mitigate risks during this period.
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