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The cryptocurrency market earthquake

We have severe shocks in the cryptocurrency market and stocks are falling because US inflation is falling too slowly. As a result, Apple is no longer the world’s most valuable company. The government bravely finds solutions to the problems it once created, and the phenomenon of real wage growth is disappearing from the economic landscape. Here are five of the most interesting developments in the economy right now.
1. The earthquake in the cryptocurrency market
The world of cryptocurrencies is having a hard time all over the world. The price of bitcoin dropped overnight to its lowest level since December 2020 below 28,000. hole. Bitcoin has lost nearly 60% since the November peak ($ 68,991). its market value. Other major cryptocurrencies look similar.
The day before, the exchange rate of one of the largest so-called stable coins, i.e. cryptocurrencies, the value of which was always to be always the same as the US dollar, collapsed. Thanks to them, investors in the cryptocurrency market do not have to return to the real dollar after closing their investments but can keep their capital in something that mimics the dollar while still being part of the cryptocurrency market. At the beginning of the week, however, a large wave of supply “peeled” the Terra-USD stable coin rate from the dollar, so that its quotations fell to 62 cents on Tuesday, and below 30 cents on Thursday.
Anyway, no matter how much the Terra-USD now costs, this instrument has lost its meaning as it no longer costs as much as the dollar. Some investors perceive it as a collapse of a significant part of the architecture of the crypto world, hence a lot of nerves and the sale of the largest “ordinary” cryptocurrencies. Coinbase, the organizer of one of the cryptocurrency exchanges, also contributed to the deterioration of the situation, informing about the publication of the results that in the event of its bankruptcy, investors will not recover their cryptocurrencies.
Another issue is that in the previous months, cryptocurrencies have not been appreciated, and the turnover on them has gradually decreased. According to some economists, capital stopped flowing towards them, because in times of interest rate increases they definitely lost their attractiveness (similar to many companies on the Nasdaq stock market).

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MP Presale: Early Access and The Mirror Launch Sequence

The Mirror Protocol (MP) has gained significant attention in the decentralized finance (DeFi) space, generating anticipation for its presale. However, unlike traditional presales that offer discounted token prices, MP adopts a unique approach. This article explores the rationale behind MP’s decision not to have discounted token prices during the presale and the various factors influencing this strategy.
Premium Company Image.
The decision not to offer discounted token prices during the presale aligns with MP’s positioning as a premium company. By maintaining the token price at a consistent level, MP emphasizes the value and quality of its ecosystem. This approach ensures that early participants perceive MP as a reliable and high-caliber project, building trust and attracting long-term supporters rather than short-term speculators.
Avoiding Massive Sell-Offs.
Discounted token prices during presales often attract participants solely interested in taking advantage of the discounted rates and selling off their tokens immediately after listing. This can result in significant price volatility and undermine the stability of the project. MP aims to discourage such early sell-offs and create a sustainable market environment by setting a fair token price during the presale.
MP Launch Sequence.
To manage the presale process effectively, MP implements a launch sequence that includes specific measures:
a) Sell Limit for the First 48 Hours.
During the initial 48 hours of the presale, MP implements a sell limit to regulate the volume of tokens that can be sold. This measure helps prevent any potential market manipulation or excessive token dumping, promoting a more controlled and stable market environment.
b) Presale Dashboard.
MP provides a dedicated presale dashboard where participants can track the progress and status of the presale in real-time. The dashboard offers transparency and enhances the user experience, enabling participants to make informed decisions and monitor the presale’s progression.
Conclusion.
The Mirror Protocol’s decision not to offer discounted token prices during the presale reflects its commitment to maintaining a premium company image, avoiding malicious sell-offs, and serving its marketing objectives. By setting a fair token price, The Mirror Protocol attracts long-term supporters who believe in the project’s value and are invested in its success. The implementation of measures such as a sell limit during the initial phase and the provision of a presale dashboard enhances transparency and ensures a controlled presale process. Through this strategic approach, The Mirror Protocol sets the stage for a sustainable and thriving ecosystem in the decentralized finance space.
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The Town of Kingstown in ‘Mayor of Kingstown’ Is Home to Seven Prisons — Is It a Real Place?

Imagine growing up in a place that is home to seven prisons. You can now picture ‘Mayor of Kingstown,’ but is Kingstown, Michigan real?
L.M. Montgomery, the author of Anne of Green Gables, once said in The Blue Castle, “That’s all the freedom we can hope for — the freedom to choose our prison.” In Kingstown, Mich. where Mayor of Kingstown takes place, you certainly have options in that regard.
In the show, there are seven prisons in the town, a town that needs them to survive. Is Kingstown, Mich. real or is it just another Hollywood fabrication?
Is Kingstown, Mich. real?
While Kingstown, Mich. is a fictional city, it’s actually based on a real town in Ontario, Canada. Taylor Sheridan, who is best known for Yellowstone, is focusing on something different with Mayor of Kingstown. While Yellowstone allows the viewers to drink in the gorgeous Montana mountains, Mayor of Kingstown does the opposite. In Kingstown, the sky is not limitless, but the prison sentences are.
Terry created the show with Hugh Dillon, who grew up in Kingston, Ontario. Kingston is called the prison capital of Canada, and it has certainly earned that title. There are nine prisons in the area, seven of which are located within the city’s municipal boundaries. In September 2013, its most famous prison shuttered its doors forever.
Kingston Penitentiary opened in 1835 and was even once on the receiving end of a touring Charles Dickens. This prison, much like the prisons in Mayor of Kingstown, is most known for the role its inmates played in building the city itself.
It was their job to toil in the nearby limestone quarry, breaking apart rocks that would eventually become buildings. Within its walls, men learned admirable trades such as furniture making.
Before we wax poetic about the prison, it was also an unkind place. In 1847, prisoners were subjected to a slew of cruel punishments, like The Box. The Box looked like a coffin, except it stood upright, as did the prisoner inside of it anywhere from six to nine hours.
The men were also beaten using cat-o’-nine-tails. Having this many prisons in one place really does something to a city, and you see that in Mayor of Kingstown.
Where is ‘Mayor of Kingstown’ filmed?
Believe it or not, Mayor of Kingstown is filmed all over Canada, and of course one of the locations is Kingston. They also shot in Brantford, and if you only learn one thing about this town, let it be that Alexander Graham Bell actually invented the telephone there, not in Boston. In a 1906 speech, he said, “the telephone problem was solved, and it was solved at my father’s home,” which was in Brantford.
You obviously cannot film in Canada without spending at least a little time in Toronto. Hamilton, Ontario was also a setting for the show. It’s most likely due to the fact that the local economy thrives under steel and heavy manufacturing industries, a perfect backdrop for the fictional working-class town of Kingstown, Mich.
The series is also a testament to the versatility of Canada and the ways in which it can lend itself to a project that doesn’t even take place there.
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What does ONG mean on TikTok? The story behind the viral trend

Another week, another TikTok phrase…
Since its conception in 2016, TikTok has not only become a go-to destination for creative short-form video content, it’s also become a sort of cultural zeitgeist.
Beyond offering a platform for users to share their life hacks, parenting techniques, funny impressions and more, the social site spews out new phrases and trends like there’s no tomorrow.
From “cheugy” and “the CEO of”, to the recent “Adult Swim” challenge – there’s a plethora of language constantly being added to our everyday vocabulary.
The latest addition? ONG.
Here’s exactly what it means and how it’s being used on TikTok.
So, what does “ONG” stand for and what does it mean?
Nope, people aren’t accidentally misspelling “OMG” (Oh my God). “ONG” actually stands for “On God”.
Essentially, it just means you strongly agree with a statement or sentiment – sort of like “I swear to God”. For example, “Sour Patch Kids are the best sweets ONG.”
It’s usually added at the end of a sentence.
Where did the TikTok phrase come from?
A viral clip of 22-year-old social media star Tana Mongeau talking about YouTuber Bryce Hall recently became a meme.
In the video, Tana was discussing the upcoming Youtube vs TikTok boxing match when she was asked whose side she was on.
She replied saying she thought Bryce would win, commenting: “We team Bryce out here. Even the paparazzi’s team Bryce, on God.”
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