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Movement Network Spends $38 Million on Token Buyback
On March 24, the Movement Network Foundation revealed that it had recovered approximately $38 million in assets from a market maker. The firm was tasked with providing liquidity for the MOVE token on Binance. However, Binance detected “market irregularities” related to the maker’s activities. As a result, the exchange decided to terminate the partnership and freeze the offending firm’s profits.
According to the announcement, the recovered funds will be used to buy back MOVE tokens, starting from the end of March. The move is aimed at stabilizing the token’s value after recent volatility. The Movement Network Foundation stressed that this is an important step to protect the investment community.
The MOVE token buyback is expected to last until the end of June, according to the announcement from the Movement Network Foundation. The $38 million will be allocated appropriately to avoid causing strong market fluctuations. Binance also pledged to support this process to restore investor confidence. Market makers often play an important role in stabilizing token prices.
This incident shows the management loopholes at some major exchanges. The Movement Network Foundation hopes that the buyback will help the MOVE token regain its growth momentum after the recent unfortunate incident.
#Coinbay #MovementNetwork #MOVE #buybacktoken
On March 24, the Movement Network Foundation revealed that it had recovered approximately $38 million in assets from a market maker. The firm was tasked with providing liquidity for the MOVE token on Binance. However, Binance detected “market irregularities” related to the maker’s activities. As a result, the exchange decided to terminate the partnership and freeze the offending firm’s profits.
According to the announcement, the recovered funds will be used to buy back MOVE tokens, starting from the end of March. The move is aimed at stabilizing the token’s value after recent volatility. The Movement Network Foundation stressed that this is an important step to protect the investment community.
The MOVE token buyback is expected to last until the end of June, according to the announcement from the Movement Network Foundation. The $38 million will be allocated appropriately to avoid causing strong market fluctuations. Binance also pledged to support this process to restore investor confidence. Market makers often play an important role in stabilizing token prices.
This incident shows the management loopholes at some major exchanges. The Movement Network Foundation hopes that the buyback will help the MOVE token regain its growth momentum after the recent unfortunate incident.
#Coinbay #MovementNetwork #MOVE #buybacktoken
🔅
What is GYFI token? Building cryptocurrency based on DeFi Gyroscope
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Gyroscope is a decentralized finance (DeFi) protocol. The project creates a unique type of stablecoin that operates based on the principle of automatic adjustment to maintain stable value.
🧩
On March 14, Gyroscope announced the TGE plan for the GYFI token. This cryptocurrency supports governance and staking within the DeFi ecosystem, marking a significant advancement for the project.
Unlike conventional stablecoins tied to a fixed asset like USD, Gyroscope utilizes an algorithmic governance mechanism and a diverse ecosystem to minimize volatility risk. The platform is developed by a team at xAI, aiming to provide sustainable financial solutions in the blockchain space.
Gyroscope combines strategies such as flexible collateral assets and reserve funds to maintain stable value amid market changes. The system allows users to participate in staking, provide liquidity, or govern through the project's own token. The platform raised a total of 4.5 million USD from investment funds such as Galaxy, Placeholder Ventures...
Tokenomics
Token name: Gyroscope
Symbol: GYFI
Contract:
Ethereum (mainnet): 0x70c4430f9d98b4184a4ef3e44ce10c320a8b7383
Base: 0xc63529297dE076eB15fcbE873AE9136E446cFbB9
Total supply: 13,700,000 GYFI
#Coinbay #Gyroscope #GYFItoken #sGYD
What is GYFI token? Building cryptocurrency based on DeFi Gyroscope
🚩
Gyroscope is a decentralized finance (DeFi) protocol. The project creates a unique type of stablecoin that operates based on the principle of automatic adjustment to maintain stable value.
🧩
On March 14, Gyroscope announced the TGE plan for the GYFI token. This cryptocurrency supports governance and staking within the DeFi ecosystem, marking a significant advancement for the project.
Unlike conventional stablecoins tied to a fixed asset like USD, Gyroscope utilizes an algorithmic governance mechanism and a diverse ecosystem to minimize volatility risk. The platform is developed by a team at xAI, aiming to provide sustainable financial solutions in the blockchain space.
Gyroscope combines strategies such as flexible collateral assets and reserve funds to maintain stable value amid market changes. The system allows users to participate in staking, provide liquidity, or govern through the project's own token. The platform raised a total of 4.5 million USD from investment funds such as Galaxy, Placeholder Ventures...
Tokenomics
Token name: Gyroscope
Symbol: GYFI
Contract:
Ethereum (mainnet): 0x70c4430f9d98b4184a4ef3e44ce10c320a8b7383
Base: 0xc63529297dE076eB15fcbE873AE9136E446cFbB9
Total supply: 13,700,000 GYFI
#Coinbay #Gyroscope #GYFItoken #sGYD
🎉 VANA token increased by 2,500% upon listing on Binance
🎀 The VANA token has officially been listed on the Binance exchange and several major CEX exchanges. At Binance, this token has surged by up to 2,500.4% to a price of 26.004 USD. The highest recorded price was 30.460 USD and the lowest was 1 USD. The 24-hour trading volume was recorded at 16.01 million VANA tokens, equivalent to 420.9 million USD.
🛎 In addition to VANA/USDT, Binance has opened trading for other token pairs including VANA/BNB, VANA/FDUSD, VANA/TRY, all of which are experiencing rapid growth. Similar price levels have been recorded on several other major CEX exchanges with an ATH reaching 100 USD.
🌐 Vana is a layer 1 blockchain specializing in user-owned private data. The project creates a decentralized environment, allowing users to control and profit from their personal data. With EVM compatibility, Vana ensures privacy through a proof-of-contribution mechanism, making data a tradable asset.
〽️ Developers can access data to build applications and train AI models. The project has successfully raised 25 million USD from investors such as Coinbase Ventures, Paradigm, and Polychain. Vana launched a mini-app on Telegram, allowing users to earn points and receive rewards.
🧲 Tokenomics
🔰 Token Name: Vana Network
🔰 Symbol: VANA
🔰 Total Supply: 120,000,000 VANA
🌹 Allocation
💧 Community: 44%
💧 Ecosystem: 22.9%
💧 Core Contributors: 18.8%
💧 Investors: 14.2%
#Coinbay #Binance #Vana #VANAtoken
🎀 The VANA token has officially been listed on the Binance exchange and several major CEX exchanges. At Binance, this token has surged by up to 2,500.4% to a price of 26.004 USD. The highest recorded price was 30.460 USD and the lowest was 1 USD. The 24-hour trading volume was recorded at 16.01 million VANA tokens, equivalent to 420.9 million USD.
🛎 In addition to VANA/USDT, Binance has opened trading for other token pairs including VANA/BNB, VANA/FDUSD, VANA/TRY, all of which are experiencing rapid growth. Similar price levels have been recorded on several other major CEX exchanges with an ATH reaching 100 USD.
🌐 Vana is a layer 1 blockchain specializing in user-owned private data. The project creates a decentralized environment, allowing users to control and profit from their personal data. With EVM compatibility, Vana ensures privacy through a proof-of-contribution mechanism, making data a tradable asset.
〽️ Developers can access data to build applications and train AI models. The project has successfully raised 25 million USD from investors such as Coinbase Ventures, Paradigm, and Polychain. Vana launched a mini-app on Telegram, allowing users to earn points and receive rewards.
🧲 Tokenomics
🔰 Token Name: Vana Network
🔰 Symbol: VANA
🔰 Total Supply: 120,000,000 VANA
🌹 Allocation
💧 Community: 44%
💧 Ecosystem: 22.9%
💧 Core Contributors: 18.8%
💧 Investors: 14.2%
#Coinbay #Binance #Vana #VANAtoken
Binance HODLer Airdrops introduces Sign (SIGN token)
Binance HODLer Airdrops announces Sign as the 16th project, rewarding 200 million SIGN tokens (2% of total supply) to users holding BNB in Simple Earn or On-Chain Yields from 07:00 on April 15 to 06:59 on April 20.
Additionally, a supplementary 150 million SIGN (1.5% of total supply) will be allocated for marketing campaigns after 3 months of listing. The initial total supply is 10 billion SIGN, with 1.2 billion SIGN (12%) in circulation at the time of listing.
Users need to maintain BNB in Simple Earn (Flexible or Locked) or On-Chain Yields to be eligible. Binance will take hourly snapshots of the balance during a random period to calculate rewards, with a maximum BNB holding limit of 4%. Reward tokens will be transferred to the Spot wallet within 24 hours after the airdrop announcement.
Sign will be listed on the exchange at 18:00 on April 28, with trading pairs such as SIGN/USDT, SIGN/USDC, SIGN/BNB, SIGN/FDUSD, and SIGN/TRY.
Sign will appear on Binance Alpha starting at 17:00 on April 28, allowing early trading before the official listing at 18:00 on the same day. Users who reach the Alpha Points threshold will receive an airdrop within 10 minutes after trading opens.
Sign (SIGN) is a global infrastructure platform focused on identity verification and token distribution on the blockchain. The project operates on Ethereum to provide a decentralized solution for verifying information and managing token distribution.
#Coinbay #Sign #EthSign #Binance
Binance HODLer Airdrops announces Sign as the 16th project, rewarding 200 million SIGN tokens (2% of total supply) to users holding BNB in Simple Earn or On-Chain Yields from 07:00 on April 15 to 06:59 on April 20.
Additionally, a supplementary 150 million SIGN (1.5% of total supply) will be allocated for marketing campaigns after 3 months of listing. The initial total supply is 10 billion SIGN, with 1.2 billion SIGN (12%) in circulation at the time of listing.
Users need to maintain BNB in Simple Earn (Flexible or Locked) or On-Chain Yields to be eligible. Binance will take hourly snapshots of the balance during a random period to calculate rewards, with a maximum BNB holding limit of 4%. Reward tokens will be transferred to the Spot wallet within 24 hours after the airdrop announcement.
Sign will be listed on the exchange at 18:00 on April 28, with trading pairs such as SIGN/USDT, SIGN/USDC, SIGN/BNB, SIGN/FDUSD, and SIGN/TRY.
Sign will appear on Binance Alpha starting at 17:00 on April 28, allowing early trading before the official listing at 18:00 on the same day. Users who reach the Alpha Points threshold will receive an airdrop within 10 minutes after trading opens.
Sign (SIGN) is a global infrastructure platform focused on identity verification and token distribution on the blockchain. The project operates on Ethereum to provide a decentralized solution for verifying information and managing token distribution.
#Coinbay #Sign #EthSign #Binance
🔊 Binance lists GoPlus, GPS reaches 0.14 USD
🆙On Binance, GoPlus Security's GPS is priced at 0.1402 USD after listing, up 33.78%. The highest on the exchange is 0.15 USD. The token price does not differ much from other platforms, showing signs of decline, fluctuating around 0.11 USD.
💯GoPlus Security is the 11th project on HODLer Airdrops. Eligible users received tokens in their wallets about 1 hour before the listing. Currently, the exchange has opened trading pairs for GPS with USDT, USDC, BNB, FDUSD, and TRY.
🎯GoPlus Security (GPS) is a pioneering Web3 security project, developing the first decentralized security layer on blockchains to protect users in cryptocurrency transactions. GPS provides solutions such as detecting phishing links, malicious contracts, and transaction risks, handling over 30 million security requests.
👀 The GPS token plays a central role in the ecosystem, used for service payments, staking, and receiving rewards, while supporting over 10,000 projects and developers across 30 blockchains, protecting assets worth tens of billions of USD.
🎁In February, GoPlus Security launched the GPS staking program, allowing users to lock tokens with flexible options, providing attractive returns. The project also announced new integrations with more than five blockchains, bringing the total number of supported networks to 35.
⏰According to Coinmarketcap data, since its launch, the token has increased by 138.59% in value. The newly launched product GoPlus Wallet - an AI-integrated secure wallet - has processed over five million secure transactions.
#Coinbay #Binance #GoPlus #GPS
🆙On Binance, GoPlus Security's GPS is priced at 0.1402 USD after listing, up 33.78%. The highest on the exchange is 0.15 USD. The token price does not differ much from other platforms, showing signs of decline, fluctuating around 0.11 USD.
💯GoPlus Security is the 11th project on HODLer Airdrops. Eligible users received tokens in their wallets about 1 hour before the listing. Currently, the exchange has opened trading pairs for GPS with USDT, USDC, BNB, FDUSD, and TRY.
🎯GoPlus Security (GPS) is a pioneering Web3 security project, developing the first decentralized security layer on blockchains to protect users in cryptocurrency transactions. GPS provides solutions such as detecting phishing links, malicious contracts, and transaction risks, handling over 30 million security requests.
👀 The GPS token plays a central role in the ecosystem, used for service payments, staking, and receiving rewards, while supporting over 10,000 projects and developers across 30 blockchains, protecting assets worth tens of billions of USD.
🎁In February, GoPlus Security launched the GPS staking program, allowing users to lock tokens with flexible options, providing attractive returns. The project also announced new integrations with more than five blockchains, bringing the total number of supported networks to 35.
⏰According to Coinmarketcap data, since its launch, the token has increased by 138.59% in value. The newly launched product GoPlus Wallet - an AI-integrated secure wallet - has processed over five million secure transactions.
#Coinbay #Binance #GoPlus #GPS
SOPH Token Price Prediction: Breakthrough Potential from the Binance Ecosystem
The SOPH token is trading at $0.076 on Whales Pro, up 40.7% in the latest session, with a 24-hour trading volume of $39,016, an increase of 908.31%.
The order book shows the best bid price is $0.075 and the lowest ask price is $0.056, reflecting a strong upward trend but still carrying liquidity risks. Although recently launched on Whales Pro, SOPH shows strong appeal, with many large transactions ranging from 10,000 to 20,000 tokens.
The current common selling price range is $0.055, with buying prices hovering around $0.076, recording an upward trend from the $0.05 range to reach $0.08.
At the beginning of the sale, the SOPH price on Whales Pro once hit $0.15, bringing the estimated market capitalization to $350 million. However, trading volume remains low, not representative of the token at launch.
The predicted price is likely to be $0.08, slightly rising to the $0.1 range in the early listing phase. CryptoAnalystPro - an account on X with over 300 thousand followers indicates that Sophon can easily maintain this price range.
On Oriole, the community also supports the price range of $0.075 - $0.1, equivalent to a market capitalization of $149-199 million.
#Coinbay #SOPH #Binance #Sophon
The SOPH token is trading at $0.076 on Whales Pro, up 40.7% in the latest session, with a 24-hour trading volume of $39,016, an increase of 908.31%.
The order book shows the best bid price is $0.075 and the lowest ask price is $0.056, reflecting a strong upward trend but still carrying liquidity risks. Although recently launched on Whales Pro, SOPH shows strong appeal, with many large transactions ranging from 10,000 to 20,000 tokens.
The current common selling price range is $0.055, with buying prices hovering around $0.076, recording an upward trend from the $0.05 range to reach $0.08.
At the beginning of the sale, the SOPH price on Whales Pro once hit $0.15, bringing the estimated market capitalization to $350 million. However, trading volume remains low, not representative of the token at launch.
The predicted price is likely to be $0.08, slightly rising to the $0.1 range in the early listing phase. CryptoAnalystPro - an account on X with over 300 thousand followers indicates that Sophon can easily maintain this price range.
On Oriole, the community also supports the price range of $0.075 - $0.1, equivalent to a market capitalization of $149-199 million.
#Coinbay #SOPH #Binance #Sophon
Sophon (SOPH) joins Binance HODLer Airdrops
Binance announces Sophon (SOPH), a user-centered entertainment blockchain built on ZK Stack, as the 20th project in the HODLer Airdrops program.
Users who subscribed BNB to Simple Earn products (Flexible and/or Locked) and/or On-Chain Yields from 07:00 on May 14 to 06:59 on May 18 will receive the SOPH airdrop.
Binance will list SOPH at 20:00 on May 28, opening trading with pairs USDT, USDC, BNB, FDUSD, and TRY. Before trading on the spot exchange, users can access SOPH on Binance Alpha.
Details of SOPH HODLer Airdrops
Token name: Sophon (SOPH)Initial total supply of tokens: 10,000,000,000 SOPHTotal maximum supply: 10,000,000,000 SOPHHODLer Airdrops reward: 150,000,000 SOPH (1.5% of total token supply)Circulating supply at listing on Binance: 2,000,000,000 SOPH (20% of total token supply)
Additional rewards worth 50,000,000 SOPH for marketing campaigns after the spot listing, and 150,000,000 SOPH allocated 6 months after the spot listing.
#Coinbay #SOPH #Binance #Sophon
Binance announces Sophon (SOPH), a user-centered entertainment blockchain built on ZK Stack, as the 20th project in the HODLer Airdrops program.
Users who subscribed BNB to Simple Earn products (Flexible and/or Locked) and/or On-Chain Yields from 07:00 on May 14 to 06:59 on May 18 will receive the SOPH airdrop.
Binance will list SOPH at 20:00 on May 28, opening trading with pairs USDT, USDC, BNB, FDUSD, and TRY. Before trading on the spot exchange, users can access SOPH on Binance Alpha.
Details of SOPH HODLer Airdrops
Token name: Sophon (SOPH)Initial total supply of tokens: 10,000,000,000 SOPHTotal maximum supply: 10,000,000,000 SOPHHODLer Airdrops reward: 150,000,000 SOPH (1.5% of total token supply)Circulating supply at listing on Binance: 2,000,000,000 SOPH (20% of total token supply)
Additional rewards worth 50,000,000 SOPH for marketing campaigns after the spot listing, and 150,000,000 SOPH allocated 6 months after the spot listing.
#Coinbay #SOPH #Binance #Sophon
✍️
Binance receives an investment of 2 billion USD from MGX
🚪
According to Binance's announcement, MGX, an advanced technology group in Abu Dhabi, has just made a 2 billion USD investment in stablecoins for the exchange. The 2 billion USD deal between MGX and Binance sets a record as the largest investment in a crypto company. Additionally, the entire transaction was conducted in stablecoins, marking a historic milestone in payment scale within the industry.
👀
This is also the first time Binance has opened its doors to institutional capital since its establishment in 2017, especially as the company continues its path to becoming the most reliable and secure platform in the world. With this capital, MGX holds a minority stake in Binance, opening up prospects for strategic collaboration between the two parties.
🏆
Binance currently leads the cryptocurrency industry with over 260 million global users. The total accumulated trading volume of the exchange exceeds 100 trillion USD, far surpassing its competitors. CEO Richard Teng asserted that the investment from MGX is a turning point not only for Binance but for the entire industry.
🎲
The exchange is committed to building a sustainable digital financial ecosystem, focusing on security and regulatory compliance. Binance aims to accelerate projects related to smart contracts and blockchain applications.
🔔
MGX is not only making a financial investment but also aims for strategic collaboration with Binance. The group focuses on developing AI, DeFi, and tokenizing the digital economy.
#Coinbay #Binance #MGX
Binance receives an investment of 2 billion USD from MGX
🚪
According to Binance's announcement, MGX, an advanced technology group in Abu Dhabi, has just made a 2 billion USD investment in stablecoins for the exchange. The 2 billion USD deal between MGX and Binance sets a record as the largest investment in a crypto company. Additionally, the entire transaction was conducted in stablecoins, marking a historic milestone in payment scale within the industry.
👀
This is also the first time Binance has opened its doors to institutional capital since its establishment in 2017, especially as the company continues its path to becoming the most reliable and secure platform in the world. With this capital, MGX holds a minority stake in Binance, opening up prospects for strategic collaboration between the two parties.
🏆
Binance currently leads the cryptocurrency industry with over 260 million global users. The total accumulated trading volume of the exchange exceeds 100 trillion USD, far surpassing its competitors. CEO Richard Teng asserted that the investment from MGX is a turning point not only for Binance but for the entire industry.
🎲
The exchange is committed to building a sustainable digital financial ecosystem, focusing on security and regulatory compliance. Binance aims to accelerate projects related to smart contracts and blockchain applications.
🔔
MGX is not only making a financial investment but also aims for strategic collaboration with Binance. The group focuses on developing AI, DeFi, and tokenizing the digital economy.
#Coinbay #Binance #MGX
PLUME token reaches 0.1035 USD on Binance
Plume (PLUME), a modular layer 2 project dedicated to real-world assets, hit 0.1035 USD on Binance.
PLUME, the core token of Plume, was listed on Binance spot at 22:00 on August 18. The initial price of PLUME token was 0.072 USD, currently trading around 0.09459 USD, up 31.38%.
PLUME recorded a high of 0.1035 USD. According to Coinmarketcap, the market capitalization of Plume reached 248.94 million USD, with a trading volume of 103 million USD, soaring 591.14%.
Plume is the first layer 2 blockchain built specifically for real-world assets (Real World Assets – RWA) aimed at achieving on-chain regulatory compliance and integrating tokenized assets. The project simplifies the complex deployment process of real assets, providing a blockchain ecosystem to support users in investing and trading various types of real assets.
PLUME, an ERC20 token with a total supply of 10,000,000,000, serves as a means of payment for gas fees, governance tool, staking, and liquidity in the Plume network.
#Coinbay #BinanceAlpha #Plume #Binance $PLUME
Plume (PLUME), a modular layer 2 project dedicated to real-world assets, hit 0.1035 USD on Binance.
PLUME, the core token of Plume, was listed on Binance spot at 22:00 on August 18. The initial price of PLUME token was 0.072 USD, currently trading around 0.09459 USD, up 31.38%.
PLUME recorded a high of 0.1035 USD. According to Coinmarketcap, the market capitalization of Plume reached 248.94 million USD, with a trading volume of 103 million USD, soaring 591.14%.
Plume is the first layer 2 blockchain built specifically for real-world assets (Real World Assets – RWA) aimed at achieving on-chain regulatory compliance and integrating tokenized assets. The project simplifies the complex deployment process of real assets, providing a blockchain ecosystem to support users in investing and trading various types of real assets.
PLUME, an ERC20 token with a total supply of 10,000,000,000, serves as a means of payment for gas fees, governance tool, staking, and liquidity in the Plume network.
#Coinbay #BinanceAlpha #Plume #Binance $PLUME
🎊CAT token surges over 76% on Binance listing
💥On Binance, Simon's Cat's 1000CAT is trading at $0.06469, up 65% from its listing price of $0.03918. The token reached a high of $0.07 before falling back to its current price. The price of 1000CAT is not much different from the general market.
💲Users can also access 1000CAT through many other products on the exchange. 1000CAT was listed on Binance Simple Earn Flexible Products at 16:00 on December 17. From 17:00 on December 18, users can buy 1000CAT using any payment option supported on Binance Auto-Invest.
🔓Binance Margin added 1000CAT as a new borrowable asset on Cross and Isolated Margin, as well as the 1000CAT/USDT pair on Cross and Isolated Margin at 18:00 on December 17.
🎮Prior to the spot listing and Binance HODLer Airdrops, Binance Futures launched 1000CATUSDT perpetual futures with up to 75x leverage on October 21. Open interest on 1000CAT futures products nearly doubled to over $60 million following Binance's announcement, indicating increased expectations for further volatility with a bullish trend.
⭐️The project also updated its new tokenomics for users to keep a closer eye on upcoming activities. Details are as follows:
✅ Presale Investors: 30%
✅ FLOKI Token Holder Rewards: 15% (3.5% off)
✅ Liquidity: 22.3% (2.7% off)
✅ Simon's Cat Fund: 10%
✅ Reserve Fund: 5%
✅ Market Maker: 5%
✅ Binance HODLer Airdrops: 12.7%
#Coinbay #Binance $CAT $1000CAT #SimonsCatToken
💥On Binance, Simon's Cat's 1000CAT is trading at $0.06469, up 65% from its listing price of $0.03918. The token reached a high of $0.07 before falling back to its current price. The price of 1000CAT is not much different from the general market.
💲Users can also access 1000CAT through many other products on the exchange. 1000CAT was listed on Binance Simple Earn Flexible Products at 16:00 on December 17. From 17:00 on December 18, users can buy 1000CAT using any payment option supported on Binance Auto-Invest.
🔓Binance Margin added 1000CAT as a new borrowable asset on Cross and Isolated Margin, as well as the 1000CAT/USDT pair on Cross and Isolated Margin at 18:00 on December 17.
🎮Prior to the spot listing and Binance HODLer Airdrops, Binance Futures launched 1000CATUSDT perpetual futures with up to 75x leverage on October 21. Open interest on 1000CAT futures products nearly doubled to over $60 million following Binance's announcement, indicating increased expectations for further volatility with a bullish trend.
⭐️The project also updated its new tokenomics for users to keep a closer eye on upcoming activities. Details are as follows:
✅ Presale Investors: 30%
✅ FLOKI Token Holder Rewards: 15% (3.5% off)
✅ Liquidity: 22.3% (2.7% off)
✅ Simon's Cat Fund: 10%
✅ Reserve Fund: 5%
✅ Market Maker: 5%
✅ Binance HODLer Airdrops: 12.7%
#Coinbay #Binance $CAT $1000CAT #SimonsCatToken
The exchange allocates 25% of protocol fees, DYDX price surges
According to the announcement, dYdX will allocate 25% of the monthly net protocol fees, equivalent to approximately 4.4 million USD per year, to buy back DYDX tokens from the open market. The tokens will be managed by the Treasury SubDAO to generate yield, instead of being burned as in the traditional mechanism.
The protocol fees of dYdX, estimated at 17.5 million USD per year according to DefiLlama, are divided into the following parts:
Treasury SubDAO: 10% MegaVault: 25% Buyback program: 25% Staking rewards: 40%
The decision was approved by the community in early March, marking a significant change in the revenue allocation of the exchange.
The DYDX price surged more than 12%, reaching a daily high of 0.7398 USD, bringing the project's FDV valuation to 546 million USD. Currently, DYDX is trading at 0.7233 USD, representing a 15.41% increase over the past seven days.
Token trading volume skyrocketed by 200% to 41.98 million USD. The project's market capitalization has reached 551 million USD.
#Coinbay #DYDX
According to the announcement, dYdX will allocate 25% of the monthly net protocol fees, equivalent to approximately 4.4 million USD per year, to buy back DYDX tokens from the open market. The tokens will be managed by the Treasury SubDAO to generate yield, instead of being burned as in the traditional mechanism.
The protocol fees of dYdX, estimated at 17.5 million USD per year according to DefiLlama, are divided into the following parts:
Treasury SubDAO: 10% MegaVault: 25% Buyback program: 25% Staking rewards: 40%
The decision was approved by the community in early March, marking a significant change in the revenue allocation of the exchange.
The DYDX price surged more than 12%, reaching a daily high of 0.7398 USD, bringing the project's FDV valuation to 546 million USD. Currently, DYDX is trading at 0.7233 USD, representing a 15.41% increase over the past seven days.
Token trading volume skyrocketed by 200% to 41.98 million USD. The project's market capitalization has reached 551 million USD.
#Coinbay #DYDX
Plasma (XPL) launched at 0.85 USD on Binance
XPL, the core token of Plasma, was listed on Binance at 20:00 on September 25 with trading pairs XPL/USDT, XPL/USDC, XPL/BNB, and XPL/FDUSD. The starting price of the token was 0.1 USD, later peaking at 0.85 USD.
Currently, XPL is trading around 0.73 USD, equivalent to a 633% increase. According to Coinmarketcap data, the 24-hour trading volume of the token is 219.69 million USD and the market capitalization is 1.36 billion USD, reflecting strong interest from the community.
Plasma is an EVM-compatible layer 1 blockchain designed specifically for stablecoin financial applications, focusing on fee-free USDT transfers and DeFi activities.
With the ability to handle over 1,000 transactions per second (TPS) on the mainnet, expected to scale up to 10,000+ TPS, Plasma delivers speed and efficiency comparable to Web2, combined with the decentralization of Web3.
The network integrates the XPL token for:
Transaction fee payments: Except for fee-free USDT transfers, XPL is used for activities such as executing smart contracts and DeFi., Staking validator: Validators stake XPL to run nodes, earning rewards from transaction fees., Network governance: XPL holders participate in voting for upgrades and policies.,
#Coinbay #Binance #Plasma #XPL $XPL #HODLerAirdrops
XPL, the core token of Plasma, was listed on Binance at 20:00 on September 25 with trading pairs XPL/USDT, XPL/USDC, XPL/BNB, and XPL/FDUSD. The starting price of the token was 0.1 USD, later peaking at 0.85 USD.
Currently, XPL is trading around 0.73 USD, equivalent to a 633% increase. According to Coinmarketcap data, the 24-hour trading volume of the token is 219.69 million USD and the market capitalization is 1.36 billion USD, reflecting strong interest from the community.
Plasma is an EVM-compatible layer 1 blockchain designed specifically for stablecoin financial applications, focusing on fee-free USDT transfers and DeFi activities.
With the ability to handle over 1,000 transactions per second (TPS) on the mainnet, expected to scale up to 10,000+ TPS, Plasma delivers speed and efficiency comparable to Web2, combined with the decentralization of Web3.
The network integrates the XPL token for:
Transaction fee payments: Except for fee-free USDT transfers, XPL is used for activities such as executing smart contracts and DeFi., Staking validator: Validators stake XPL to run nodes, earning rewards from transaction fees., Network governance: XPL holders participate in voting for upgrades and policies.,
#Coinbay #Binance #Plasma #XPL $XPL #HODLerAirdrops
Hemi (HEMI) - Project 43 on Binance HODLer Airdrops
Binance has just announced Hemi (HEMI) as the 43rd project to participate in the HODLer Airdrops program, providing an opportunity to earn new tokens for the cryptocurrency community.
Focusing on rewards distribution based on BNB staking activity, the event continues to attract attention due to its simplicity and attractive rewards, while marking a significant advancement in the layer-2 ecosystem.
The HODLer Airdrops program is for users who have registered BNB into the Simple Earn product (flexible or locked) or On-Chain Yields from 07:00 on September 17 to 06:59 on September 20. The HEMI tokens will be credited to the spot account at least one hour before the official trading begins.
HEMI will trade on Binance from 19:00 on September 23, supporting pairs with USDT, USDC, BNB, FDUSD, and TRY. Users can deposit HEMI from 14:00 on the same day. The new token will carry the seed label, reflecting the early stage of development.
Previously, HEMI was available on Binance Alpha Market, but after spot trading opens, the trading volume here will no longer count towards Alpha points.
#Coinbay #Binance #HEMI $HEMI #HODLerAirdrops
Binance has just announced Hemi (HEMI) as the 43rd project to participate in the HODLer Airdrops program, providing an opportunity to earn new tokens for the cryptocurrency community.
Focusing on rewards distribution based on BNB staking activity, the event continues to attract attention due to its simplicity and attractive rewards, while marking a significant advancement in the layer-2 ecosystem.
The HODLer Airdrops program is for users who have registered BNB into the Simple Earn product (flexible or locked) or On-Chain Yields from 07:00 on September 17 to 06:59 on September 20. The HEMI tokens will be credited to the spot account at least one hour before the official trading begins.
HEMI will trade on Binance from 19:00 on September 23, supporting pairs with USDT, USDC, BNB, FDUSD, and TRY. Users can deposit HEMI from 14:00 on the same day. The new token will carry the seed label, reflecting the early stage of development.
Previously, HEMI was available on Binance Alpha Market, but after spot trading opens, the trading volume here will no longer count towards Alpha points.
#Coinbay #Binance #HEMI $HEMI #HODLerAirdrops
Space and Time (SXT token) listed on Binance at a price of 0.16 USD
Binance listed the SXT token at a price of 0.06 USD, currently trading at 0.168 USD, equivalent to an increase of up to 180%. The highest price on the exchange to date is 0.1988 USD.
Immediately after the spot listing, Binance also launched SXT products on Simple Earn, Margin, and Futures, providing attractive trading and investment opportunities for users. SXT Flexible Products will be listed on Binance Simple Earn from 20:00 on May 8th. The SXT Locked Products with an APR of 66% will launch at the same time.
Binance Margin adds SXT as a new borrowing asset on Cross and Isolated Margin, along with the trading pairs SXT/USDT and SXT/USDC, starting at 20:20.
Binance Futures will transfer the perpetual contract USDⓈ-M SXT from pre-market trading to standard contracts at 20:00 on May 8th. The transition process may take up to 1 hour, but trading SXTUSDT and existing positions will not be affected.
Previously, Space and Time (SXT) was introduced as the 69th project on Binance Launchpool, allowing users to lock BNB, FDUSD, and USDC to receive SXT tokens. SXT has also appeared on Binance Alpha and Binance Pre-market Perpetual Contract, gaining attention from the community. Binance Alpha announced an airdrop for users who reach the Alpha Points threshold, increasing the project's appeal.
Some investors expect SXT to become a "dark horse" thanks to integration with major projects and the superior processing speed of Proof of SQL. However, some cautious opinions suggest that the level of success will depend on the effectiveness of the listing and initial price volatility.
#Coinbay #Binance #SpaceandTimen #SXT
Binance listed the SXT token at a price of 0.06 USD, currently trading at 0.168 USD, equivalent to an increase of up to 180%. The highest price on the exchange to date is 0.1988 USD.
Immediately after the spot listing, Binance also launched SXT products on Simple Earn, Margin, and Futures, providing attractive trading and investment opportunities for users. SXT Flexible Products will be listed on Binance Simple Earn from 20:00 on May 8th. The SXT Locked Products with an APR of 66% will launch at the same time.
Binance Margin adds SXT as a new borrowing asset on Cross and Isolated Margin, along with the trading pairs SXT/USDT and SXT/USDC, starting at 20:20.
Binance Futures will transfer the perpetual contract USDⓈ-M SXT from pre-market trading to standard contracts at 20:00 on May 8th. The transition process may take up to 1 hour, but trading SXTUSDT and existing positions will not be affected.
Previously, Space and Time (SXT) was introduced as the 69th project on Binance Launchpool, allowing users to lock BNB, FDUSD, and USDC to receive SXT tokens. SXT has also appeared on Binance Alpha and Binance Pre-market Perpetual Contract, gaining attention from the community. Binance Alpha announced an airdrop for users who reach the Alpha Points threshold, increasing the project's appeal.
Some investors expect SXT to become a "dark horse" thanks to integration with major projects and the superior processing speed of Proof of SQL. However, some cautious opinions suggest that the level of success will depend on the effectiveness of the listing and initial price volatility.
#Coinbay #Binance #SpaceandTimen #SXT
📣Movement (MOVE token) listed on Binance HODLer Airdrops
💥Movement - the first Move-EVM layer 2 for Ethereum - is the third project to join Binance HODLer Airdrops. Users who registered BNB for Simple Earn Flexible or Locked products from 07:00 on 2nd December to 06:59 on 6th December will receive an airdrop from the exchange.
🚪Binance lists MOVE at 20:00 on 9th December, opening trading with MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY pairs.
💣Details on the MOVE HODLer Airdrop
⬆️Token name: Movement (MOVE)
⬆️Total and maximum token supply: 10,000,000,000 MOVE
⬆️HODLer airdrop token reward: 200,000,000 MOVE (2% of maximum token supply)
⬆️5% of total token supply will be allocated to Launchpool six months after listing.
⬆️Circulating supply at listing on Binance: 2,250,000,000 (22.5% of maximum token supply)
✍️Movement is a module blockchain network developed based on Move and managed by Movement Labs. The project offers two main products: M1 (layer 1) and M2 (layer 2) with the goal of popularizing the Move programming language to module blockchain ecosystems, especially Ethereum.
🔔MOVE token information
🎲Token name: Movement
🎲Symbol: MOVE
🎲Blockchain: Ethereum Network, Movement Network (coming soon)
🎲Standard: ERC-20
🎲Total supply: 10,000,000,000 MOVE
🏆Allocation
👀Ecosystem and community: 40%
👀Fund: 10%
👀Early investors: 22.5%
👀Early contributors: 17.5%
👀Early stage reward claims: 10% (allocated through MoveDrop and other activities)
#Coinbay #Binance #Movement $MOVE
💥Movement - the first Move-EVM layer 2 for Ethereum - is the third project to join Binance HODLer Airdrops. Users who registered BNB for Simple Earn Flexible or Locked products from 07:00 on 2nd December to 06:59 on 6th December will receive an airdrop from the exchange.
🚪Binance lists MOVE at 20:00 on 9th December, opening trading with MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD, and MOVE/TRY pairs.
💣Details on the MOVE HODLer Airdrop
⬆️Token name: Movement (MOVE)
⬆️Total and maximum token supply: 10,000,000,000 MOVE
⬆️HODLer airdrop token reward: 200,000,000 MOVE (2% of maximum token supply)
⬆️5% of total token supply will be allocated to Launchpool six months after listing.
⬆️Circulating supply at listing on Binance: 2,250,000,000 (22.5% of maximum token supply)
✍️Movement is a module blockchain network developed based on Move and managed by Movement Labs. The project offers two main products: M1 (layer 1) and M2 (layer 2) with the goal of popularizing the Move programming language to module blockchain ecosystems, especially Ethereum.
🔔MOVE token information
🎲Token name: Movement
🎲Symbol: MOVE
🎲Blockchain: Ethereum Network, Movement Network (coming soon)
🎲Standard: ERC-20
🎲Total supply: 10,000,000,000 MOVE
🏆Allocation
👀Ecosystem and community: 40%
👀Fund: 10%
👀Early investors: 22.5%
👀Early contributors: 17.5%
👀Early stage reward claims: 10% (allocated through MoveDrop and other activities)
#Coinbay #Binance #Movement $MOVE
Binance HODLer Airdrops listing Lagrange (LA token)
Binance announces the integration of Lagrange (LA) into the HODLer Airdrops program, marking the 26th project in the BNB holder reward initiative.
The LA token is listed on Binance at 22:00 on July 9th with trading pairs including LA/USDT, LA/USDC, LA/BNB, LA/FDUSD, and LA/TRY. LA is tagged as “Seed Tag”, indicating that this is a newly listed token.
According to the announcement, Binance will distribute 15 million LA tokens, equivalent to 1.5% of the total genesis supply (1 billion LA), to eligible users.
Additionally, 5 million LA will be allocated for marketing campaigns after the listing, and another 5 million LA will continue to be distributed after 3 months. The total circulating supply upon listing is expected to reach 193 million LA, accounting for 19.3% of the total supply.
To participate in the Lagrange airdrop, users need to hold BNB in Simple Earn products (Flexible or Locked) or On-Chain Yields from 07:00 on June 22nd to 06:59 on June 26th.
Following Binance's announcement, LA recorded a strong increase from the 0.5 USD range to 0.6055 USD. The token moved actively with 22.16% in 24 hours and a trading volume of nearly 26 million USD, up more than 70%.
Lagrange is a protocol that uses zero-knowledge proofs (ZK proofs) to verify artificial intelligence (AI), ensuring reliability and safety in AI applications globally. This project is expected to promote the development of the cryptocurrency ecosystem combined with AI technology.
#Coinbay #Binance #HODLerAirdrops #Lagrange #LA
Binance announces the integration of Lagrange (LA) into the HODLer Airdrops program, marking the 26th project in the BNB holder reward initiative.
The LA token is listed on Binance at 22:00 on July 9th with trading pairs including LA/USDT, LA/USDC, LA/BNB, LA/FDUSD, and LA/TRY. LA is tagged as “Seed Tag”, indicating that this is a newly listed token.
According to the announcement, Binance will distribute 15 million LA tokens, equivalent to 1.5% of the total genesis supply (1 billion LA), to eligible users.
Additionally, 5 million LA will be allocated for marketing campaigns after the listing, and another 5 million LA will continue to be distributed after 3 months. The total circulating supply upon listing is expected to reach 193 million LA, accounting for 19.3% of the total supply.
To participate in the Lagrange airdrop, users need to hold BNB in Simple Earn products (Flexible or Locked) or On-Chain Yields from 07:00 on June 22nd to 06:59 on June 26th.
Following Binance's announcement, LA recorded a strong increase from the 0.5 USD range to 0.6055 USD. The token moved actively with 22.16% in 24 hours and a trading volume of nearly 26 million USD, up more than 70%.
Lagrange is a protocol that uses zero-knowledge proofs (ZK proofs) to verify artificial intelligence (AI), ensuring reliability and safety in AI applications globally. This project is expected to promote the development of the cryptocurrency ecosystem combined with AI technology.
#Coinbay #Binance #HODLerAirdrops #Lagrange #LA
Binance HODLer Airdrop launches Mitosis (MITO)
The leading cryptocurrency exchange Binance has just announced the 34th project on the HODLer Airdrops page – Mitosis (MITO) - a groundbreaking layer 1 chain designed to unify fragmented liquidity in the cryptocurrency space.
Mitosis technology allows for simultaneous deployment of assets across multiple chains, enhancing cross-chain interoperability and optimizing capital efficiency.
According to the announcement, users who registered BNB in Simple Earn products (Flexible and/or Locked) or On-Chain Yields from 07:00 on August 3rd to 06:59 on August 7th are eligible to receive the airdrop.
Binance plans to list MITO at 22:30 on August 29th. Trading pairs include MITO/USDT, MITO/USDC, MITO/BNB, MITO/FDUSD, and MITO/TRY. The MITO token is labeled as a Seed Tag, indicating the high-risk nature and potential volatility of the new project.
Details of the MITO HODLer Airdrops program
- Token name: Mitosis (MITO)
- Maximum total supply: 1,000,000,000 MITO
- Circulating supply at listing: 181,273,082 MITO (18.13%)
- Airdrop rewards: 15,000,000 MITO (1.5%)
- Network: Binance Smart Chain
Mitosis (MITO) is a layer 1 focused on solving the liquidity fragmentation issue in the cryptocurrency market.
The project utilizes cross-chain technology to allow assets to operate seamlessly across multiple chains, minimizing transaction costs and time.
#Coinbay #Binance #MITO #Mitosis #HODLerAirdrops
The leading cryptocurrency exchange Binance has just announced the 34th project on the HODLer Airdrops page – Mitosis (MITO) - a groundbreaking layer 1 chain designed to unify fragmented liquidity in the cryptocurrency space.
Mitosis technology allows for simultaneous deployment of assets across multiple chains, enhancing cross-chain interoperability and optimizing capital efficiency.
According to the announcement, users who registered BNB in Simple Earn products (Flexible and/or Locked) or On-Chain Yields from 07:00 on August 3rd to 06:59 on August 7th are eligible to receive the airdrop.
Binance plans to list MITO at 22:30 on August 29th. Trading pairs include MITO/USDT, MITO/USDC, MITO/BNB, MITO/FDUSD, and MITO/TRY. The MITO token is labeled as a Seed Tag, indicating the high-risk nature and potential volatility of the new project.
Details of the MITO HODLer Airdrops program
- Token name: Mitosis (MITO)
- Maximum total supply: 1,000,000,000 MITO
- Circulating supply at listing: 181,273,082 MITO (18.13%)
- Airdrop rewards: 15,000,000 MITO (1.5%)
- Network: Binance Smart Chain
Mitosis (MITO) is a layer 1 focused on solving the liquidity fragmentation issue in the cryptocurrency market.
The project utilizes cross-chain technology to allow assets to operate seamlessly across multiple chains, minimizing transaction costs and time.
#Coinbay #Binance #MITO #Mitosis #HODLerAirdrops
Binance lists Dolomite (DOLO) through HODLer Airdrops
Binance continues to expand the HODLer Airdrops program with Dolomite (DOLO), a decentralized money market protocol that combines a decentralized exchange (DEX).
Users who registered BNB in Simple Earn (Flexible or Locked) or On-Chain Yields from 07:00 on August 3 to 06:59 on August 7 are eligible to share a reward of 15 million DOLO tokens, equivalent to 1.5% of the total maximum supply.
The rewards are expected to be distributed to Spot accounts at least one hour before trading begins. Binance will list DOLO at 23:00 on August 27. Binance also plans to allocate an additional 10 million DOLO after six months, with details to be announced later.
DOLO will be listed with trading pairs USDT, USDC, BNB, FDUSD, and TRY, accompanied by the Seed Tag label, indicating the novelty and higher risk of the token.
Detailed information about DOLO HODLer Airdrops
Token name: Dolomite (DOLO), Total supply: 998,851,995 DOLO, Maximum total supply: 1,000,000,000 DOLO, Airdrop rewards for HODLers: 15,000,000 DOLO (1.5% of the maximum total supply of tokens), Total circulating supply upon listing on Binance: 264,888,401 DOLO (26.49% of the maximum total supply of tokens),
Users can send DOLO from 19:30 on August 27. Additionally, DOLO is already available on the Binance Alpha Market, but will transition to the Spot Market when official trading begins, and the trading volume on the Alpha Market will not be counted towards Alpha Points.
#Coinbay #Binance #DOLO #Dolomite #HODLerAirdrops
Binance continues to expand the HODLer Airdrops program with Dolomite (DOLO), a decentralized money market protocol that combines a decentralized exchange (DEX).
Users who registered BNB in Simple Earn (Flexible or Locked) or On-Chain Yields from 07:00 on August 3 to 06:59 on August 7 are eligible to share a reward of 15 million DOLO tokens, equivalent to 1.5% of the total maximum supply.
The rewards are expected to be distributed to Spot accounts at least one hour before trading begins. Binance will list DOLO at 23:00 on August 27. Binance also plans to allocate an additional 10 million DOLO after six months, with details to be announced later.
DOLO will be listed with trading pairs USDT, USDC, BNB, FDUSD, and TRY, accompanied by the Seed Tag label, indicating the novelty and higher risk of the token.
Detailed information about DOLO HODLer Airdrops
Token name: Dolomite (DOLO), Total supply: 998,851,995 DOLO, Maximum total supply: 1,000,000,000 DOLO, Airdrop rewards for HODLers: 15,000,000 DOLO (1.5% of the maximum total supply of tokens), Total circulating supply upon listing on Binance: 264,888,401 DOLO (26.49% of the maximum total supply of tokens),
Users can send DOLO from 19:30 on August 27. Additionally, DOLO is already available on the Binance Alpha Market, but will transition to the Spot Market when official trading begins, and the trading volume on the Alpha Market will not be counted towards Alpha Points.
#Coinbay #Binance #DOLO #Dolomite #HODLerAirdrops
What is the SOMI token? The decentralized virtual social ecosystem Somnia
Somnia is a layer 1 blockchain designed to meet the needs of large-scale real-time applications, such as the metaverse, on-chain games, and decentralized social platforms.
Developed by the Virtual Society Foundation (VSF) with support from Improbable, Somnia leverages Multistream Consensus technology and architectural improvements to achieve superior performance compared to many current networks.
Binance Futures opened trading for the SOMIUSDT perpetual contract pre-market from 16:30 on August 25, with a maximum leverage of 5x. SOMI recorded a price of 1.4 USD on Binance Futures Pre-Market, receiving positive feedback from the community.
The SOMI token launches with the goal of becoming the backbone of the Somnia network, providing a unique economic model with staking, payment, and governance features.
- Token name: SOMI
- Symbol: Somnia
- Total supply: 1,000,000,000 SOMI
Distribution
- Community: 27.925%
- Ecosystem: 27.345%
- Team: 11%
- Advisors: 3.58%
- Launch partners: 15%
- Investors: 15.15%
The token plays an important role in the ecosystem:
- Staking: Validators use SOMI to operate nodes on the blockchain, while holders can delegate tokens to node providers to meet staking requirements.
- Payment: All transactions on Somnia use SOMI to pay for gas fees.
- Governance: In the future, SOMI will allow token holders to participate in decisions regarding the development direction of the network.
#Coinbay #Binance #SOMI #Somnia #HODLerAirdrops
Somnia is a layer 1 blockchain designed to meet the needs of large-scale real-time applications, such as the metaverse, on-chain games, and decentralized social platforms.
Developed by the Virtual Society Foundation (VSF) with support from Improbable, Somnia leverages Multistream Consensus technology and architectural improvements to achieve superior performance compared to many current networks.
Binance Futures opened trading for the SOMIUSDT perpetual contract pre-market from 16:30 on August 25, with a maximum leverage of 5x. SOMI recorded a price of 1.4 USD on Binance Futures Pre-Market, receiving positive feedback from the community.
The SOMI token launches with the goal of becoming the backbone of the Somnia network, providing a unique economic model with staking, payment, and governance features.
- Token name: SOMI
- Symbol: Somnia
- Total supply: 1,000,000,000 SOMI
Distribution
- Community: 27.925%
- Ecosystem: 27.345%
- Team: 11%
- Advisors: 3.58%
- Launch partners: 15%
- Investors: 15.15%
The token plays an important role in the ecosystem:
- Staking: Validators use SOMI to operate nodes on the blockchain, while holders can delegate tokens to node providers to meet staking requirements.
- Payment: All transactions on Somnia use SOMI to pay for gas fees.
- Governance: In the future, SOMI will allow token holders to participate in decisions regarding the development direction of the network.
#Coinbay #Binance #SOMI #Somnia #HODLerAirdrops
[SCENARIO FOR THIS WEEK BTC - ETH - ALCOIN WHERE TO GO?]
BTC:
“Last week I predicted that BTC would reach the range of 89 - 90k and then set up for a correction to 80k - The move to 92k last week is considered to be 90% complete.
BTC Scenario:
1. BTC retraces to test the 100k range - may spike up to 110 then retract and trigger a sell-off at 98500 => 85 => 80k. (Very harsh).
2. BTC retraces to the 100k range - then decreases to 80k.
3. From the range of 93 - 96k, sideways for 2 - 3 days then drops to 80k.
ETH:
“Last week, I predicted that ETH would reach the range of 3k5 and 3k, it went to 3k1 then spiked up to 3k4 - testing resistance 3k5. The wave cycle is 98% complete. However, it still has a debt - the debt here is the retracement wave!
ETH Scenario:
The range 3k2 - 3k270 is currently the support for ETH:
1. From [3k2 - 3k270], retesting the two resistance levels of 3500 and 3750k. There may be a spike to the 4k range if BTC pushes up to 110. => 3k - 2k8.
2. ETH retests 3750 => drops to 3k - 2k8.
3. Sideways at 3270 - 3k4 => 3k - 2k8.
ALCOIN:
Regardless of how BTC and ETH move, Alcoin will only have a slight rebound and continue towards the target of Total 3 declining => 783 - 790B.
Why are there 3 scenarios?
Because this market is always volatile and unpredictable. The important thing is its target direction - Overall view remains bearish. What will those holding BTC - ETH do? What will those holding USD do? That is up to you!
In ancient warfare, one also needs to be flexible and apply strategies accordingly, advancing or retreating at the right time. That is the essence of military strategy. This market is just like that!
—————————
P/s: “If you have profits from my analysis, I hope you can use a part for good deeds, much appreciated!
Wishing you a Blessed Christmas Season in the Love of God!”
$BTC $ETH
BTC:
“Last week I predicted that BTC would reach the range of 89 - 90k and then set up for a correction to 80k - The move to 92k last week is considered to be 90% complete.
BTC Scenario:
1. BTC retraces to test the 100k range - may spike up to 110 then retract and trigger a sell-off at 98500 => 85 => 80k. (Very harsh).
2. BTC retraces to the 100k range - then decreases to 80k.
3. From the range of 93 - 96k, sideways for 2 - 3 days then drops to 80k.
ETH:
“Last week, I predicted that ETH would reach the range of 3k5 and 3k, it went to 3k1 then spiked up to 3k4 - testing resistance 3k5. The wave cycle is 98% complete. However, it still has a debt - the debt here is the retracement wave!
ETH Scenario:
The range 3k2 - 3k270 is currently the support for ETH:
1. From [3k2 - 3k270], retesting the two resistance levels of 3500 and 3750k. There may be a spike to the 4k range if BTC pushes up to 110. => 3k - 2k8.
2. ETH retests 3750 => drops to 3k - 2k8.
3. Sideways at 3270 - 3k4 => 3k - 2k8.
ALCOIN:
Regardless of how BTC and ETH move, Alcoin will only have a slight rebound and continue towards the target of Total 3 declining => 783 - 790B.
Why are there 3 scenarios?
Because this market is always volatile and unpredictable. The important thing is its target direction - Overall view remains bearish. What will those holding BTC - ETH do? What will those holding USD do? That is up to you!
In ancient warfare, one also needs to be flexible and apply strategies accordingly, advancing or retreating at the right time. That is the essence of military strategy. This market is just like that!
—————————
P/s: “If you have profits from my analysis, I hope you can use a part for good deeds, much appreciated!
Wishing you a Blessed Christmas Season in the Love of God!”
$BTC $ETH
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