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🚨📰 BREAKING NEWS: The United States government shocks the world with a groundbreaking decision to switch its official currency from #USD to $SHIB , effective immediately! 🌐💸
This monumental move has sent shockwaves across the financial landscape, marking a historic moment in the world of cryptocurrencies. 🌟🔄
Disclaimer: This announcement includes third-party opinions and is not intended as financial advice. Always refer to the terms and conditions for accurate information. 📝💼
Share this momentous news with your friends and stay tuned for further updates! 🚀🔥 #SHIB #CryptoRevolution" #Memecoins #BinanceLaunchpool. $SOL
🚨📰 BREAKING NEWS: The United States government shocks the world with a groundbreaking decision to switch its official currency from #USD to $SHIB , effective immediately! 🌐💸
This monumental move has sent shockwaves across the financial landscape, marking a historic moment in the world of cryptocurrencies. 🌟🔄
Disclaimer: This announcement includes third-party opinions and is not intended as financial advice. Always refer to the terms and conditions for accurate information. 📝💼
Share this momentous news with your friends and stay tuned for further updates! 🚀🔥 #SHIB #CryptoRevolution" #Memecoins #BinanceLaunchpool. $SOL
$SOL I see that Solana will achieve a beautiful goal today because she broke the two-week barrier in which the price was the same, and today we see a new number for a long period, but do not get greedy, perhaps there is a possibility of a significant decline for it after this#BinanceLaunchpool. #BullorBear #Memecoins #WIF
🚨 99,999 #SOL (10,511,803 USD) transferred from unknown wallet to #BinanceLaunchpool. #BinanceSqaure #Write2Earn Be careful Guys!!
🚨🚨🚨 Breaking 🚨🚨🚨
you can allocate your BNB & FDUSD to farm #AltLayer $ALT 🌾
💰Stake $BNB & $FDUSD to earn free #ALT :
link here:
LAUNCHPAD
#BinanceLaunchpool. #airdropfor #Airdropnews
you can allocate your BNB & FDUSD to farm #AltLayer $ALT 🌾
💰Stake $BNB & $FDUSD to earn free #ALT :
link here:
LAUNCHPAD
#BinanceLaunchpool. #airdropfor #Airdropnews
Here comes another opportunity to be Rewarded with new tokens from Binance !
Pixels (PIXEL) farming will be live Tomorrow being 9th February on Binance Launchpool! Farm PIXEL by Staking BNB and FDUSD
Hello all, Binance is excited to announce the 46th project on Binance Launchpool - Pixels (PIXEL), a social web3 game built on the Ronin Network.
The webpage is estimated to be available in 24 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm PIXEL tokens over ten days, with farming starting from 2024-02-09 00:00 (UTC).
LISTING:
Binance will then list PIXEL at 2024-02-19 10:00 (UTC) and open trading with PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD and PIXEL/TRY trading pairs. The Seed Tag will be applied to PIXEL.
PIXEL Launchpool Details:
Token Name: Pixels (PIXEL)
Max Token Supply: 5,000,000,000 PIXEL
Launchpool Token Rewards: 350,000,000 PIXEL (7% of max token supply)
Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max token supply)
Smart Contract Details: Ethereum, Ronin
Staking Terms: KYC required
Hourly Hard Cap per User:
116,666.66 PIXEL in BNB pool
29,166.66 PIXEL in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 24 hours): 280,000,000 PIXEL in rewards (80%)
Stake FDUSD (webpage will be available in around 24 hours): 70,000,000 PIXEL in rewards (20%)
Farming Period: 2024-02-09 00:00 (UTC) to 2024-02-18 23:59 (UTC).
For details read here
#Crypto_Angel #BinanceLaunchpool.
Pixels (PIXEL) farming will be live Tomorrow being 9th February on Binance Launchpool! Farm PIXEL by Staking BNB and FDUSD
Hello all, Binance is excited to announce the 46th project on Binance Launchpool - Pixels (PIXEL), a social web3 game built on the Ronin Network.
The webpage is estimated to be available in 24 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm PIXEL tokens over ten days, with farming starting from 2024-02-09 00:00 (UTC).
LISTING:
Binance will then list PIXEL at 2024-02-19 10:00 (UTC) and open trading with PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD and PIXEL/TRY trading pairs. The Seed Tag will be applied to PIXEL.
PIXEL Launchpool Details:
Token Name: Pixels (PIXEL)
Max Token Supply: 5,000,000,000 PIXEL
Launchpool Token Rewards: 350,000,000 PIXEL (7% of max token supply)
Initial Circulating Supply: 771,041,667 PIXEL (15.42% of max token supply)
Smart Contract Details: Ethereum, Ronin
Staking Terms: KYC required
Hourly Hard Cap per User:
116,666.66 PIXEL in BNB pool
29,166.66 PIXEL in FDUSD pool
Supported Pools:
Stake BNB (webpage will be available in around 24 hours): 280,000,000 PIXEL in rewards (80%)
Stake FDUSD (webpage will be available in around 24 hours): 70,000,000 PIXEL in rewards (20%)
Farming Period: 2024-02-09 00:00 (UTC) to 2024-02-18 23:59 (UTC).
For details read here
#Crypto_Angel #BinanceLaunchpool.
Unraveling the BNB Surge: A Comprehensive Insight 🚀
In the midst of the cryptocurrency market's recent volatility, one asset has been making waves with its remarkable surge – Binance Coin ($BNB ). But what's driving this sudden spike in value? Let's delve deeper into the factors behind BNB's meteoric rise.Bitcoin's Bull Run Effect: The primary catalyst behind BNB's upward trajectory can be attributed to the bullish sentiment surrounding Bitcoin (BTC). With $BTC soaring from $38,000 to $52,000, a wave of optimism has swept through the market, propelling not only Bitcoin but also altcoins like BNB to new heights. As traders ride the BTC wave, they're also diversifying their portfolios by investing in altcoins, including BNB.Binance Launchpool Initiatives: Another significant driver of BNB's surge is Binance's strategic launchpool initiatives. The launchpool for $PIXEL Coin generated substantial demand for BNB as users flocked to stake their assets in exchange for Pixel tokens. This surge in demand led to increased buying pressure on BNB, driving up its price and solidifying its position as a top-performing cryptocurrency.Introduction of Portal Coin Launchpool: Building on the success of its previous launchpool ventures, Binance introduced a new launchpool for Portal Coin, further fueling the BNB buying frenzy. Traders eagerly converted their assets to BNB to participate in the launchpool, which offers the dual benefits of locking up BNB for daily holding profits and enabling free staking of Portal Coin through farming. With a lockup period of 7 days, traders anticipate the official listing of Portal Coin on the Binance trading platform, driving further excitement and demand for BNB. 🪙Benefits of Binance Launchpools 🪙The launchpool initiatives introduced by Binance offer investors and traders a host of benefits. Firstly, by locking up their BNB holdings, users can earn daily profits as the price of BNB appreciates. This incentivizes long-term holding and strengthens the overall value proposition of BNB. Secondly, investors have the opportunity to stake Portal Coin for free through farming, with the added benefit of potential rewards once the coin is officially listed on Binance. This dual benefit structure enhances user engagement and fosters a vibrant ecosystem within the Binance platform.Conclusion: The surge in BNB's value is driven by a combination of factors, including the broader market sentiment fueled by Bitcoin's rally, as well as Binance's innovative launchpool initiatives. As BNB continues to solidify its position as a leading cryptocurrency, investors and traders alike are capitalizing on its growth potential and the lucrative opportunities offered by Binance's ecosystem.In conclusion, BNB's surge is a result of multiple factors converging at the same time. Bitcoin's rally has lifted the entire market, including BNB. Additionally, Binance's strategic launchpool initiatives have driven demand for BNB as users participate in staking and farming activities. These initiatives not only provide immediate benefits for users but also contribute to the long-term growth and sustainability of the Binance ecosystem. As the cryptocurrency market continues to remains a key player, offering investors and traders opportunities for profit and innovation.#CryptoInsights #Portal #BinanceLaunchpool. #PortalCoin #CryptocurrencyRally
Hi t
#BinanceLaunchpool. #friendlyadvice
Promotion: Subscribe to SOL Locked Products to Share 104,000 PYTH in Airdrop Rewards
Promotion Period: 2024-04-01 00:00 (UTC) to 2024-04-13 23:59 (UTC)
During the Promotion Period, users who fulfill the following requirements will be eligible to participate:
Opt-in to the promotion
Subscribe to SOL Locked Products with at least 1 SOL
All eligible users will be ranked by their net SOL Locked Products subscription amount during the Promotion Period. The top 500 users will qualify to share the following rewards, as per the table below.
Please Note:
Net SOL Locked Products subscription amount = (Total amount of assets subscribed to SOL Locked Products) - (Total amount of assets redeemed from SOL Locked Products).
Users who redeem existing Locked Products positions created before the promotion only to recreate the same Locked Products positions during the Promotion Period, will have a net eligible subscription amount equivalent to zero.
Case Study 1:
User A has a Locked Products position of 10 SOL before the promotion start date. Then User A decides to redeem 10 SOL from Locked Products, opt-in to this promotion, and subscribe to Locked Products with 10 SOL during the Promotion Period.
User A’s net eligible SOL subscription amount: 10 - 10 = 0
Case Study 2:
User B has a Locked Products position of 10 SOL before the promotion start date. Then User B opts in to this promotion and subscribes to SOL Locked Products with an additional 5 SOL during the Promotion Period.
User B’s net eligible SOL subscription amount: 5 SOL.
Rewards Structure:
Rankings by Net Eligible SOL Subscription Amount During the Promotion Period
Reward per Eligible User
1st - 10th Places
1,000 PYTH
11th - 20th Places
900 PYTH
21st - 30th Places
700 PYTH
31st - 40th Places
600 PYTH
41st - 50th Places
450 PYTH
51st - 100th Places
250 PYTH
101st - 300th Places
160 PYTH
301st - 500th Places
115 PYTH
Join the Promotion Now!
Terms & Conditions:
#BinanceLaunchpool. #friendlyadvice
Promotion: Subscribe to SOL Locked Products to Share 104,000 PYTH in Airdrop Rewards
Promotion Period: 2024-04-01 00:00 (UTC) to 2024-04-13 23:59 (UTC)
During the Promotion Period, users who fulfill the following requirements will be eligible to participate:
Opt-in to the promotion
Subscribe to SOL Locked Products with at least 1 SOL
All eligible users will be ranked by their net SOL Locked Products subscription amount during the Promotion Period. The top 500 users will qualify to share the following rewards, as per the table below.
Please Note:
Net SOL Locked Products subscription amount = (Total amount of assets subscribed to SOL Locked Products) - (Total amount of assets redeemed from SOL Locked Products).
Users who redeem existing Locked Products positions created before the promotion only to recreate the same Locked Products positions during the Promotion Period, will have a net eligible subscription amount equivalent to zero.
Case Study 1:
User A has a Locked Products position of 10 SOL before the promotion start date. Then User A decides to redeem 10 SOL from Locked Products, opt-in to this promotion, and subscribe to Locked Products with 10 SOL during the Promotion Period.
User A’s net eligible SOL subscription amount: 10 - 10 = 0
Case Study 2:
User B has a Locked Products position of 10 SOL before the promotion start date. Then User B opts in to this promotion and subscribes to SOL Locked Products with an additional 5 SOL during the Promotion Period.
User B’s net eligible SOL subscription amount: 5 SOL.
Rewards Structure:
Rankings by Net Eligible SOL Subscription Amount During the Promotion Period
Reward per Eligible User
1st - 10th Places
1,000 PYTH
11th - 20th Places
900 PYTH
21st - 30th Places
700 PYTH
31st - 40th Places
600 PYTH
41st - 50th Places
450 PYTH
51st - 100th Places
250 PYTH
101st - 300th Places
160 PYTH
301st - 500th Places
115 PYTH
Join the Promotion Now!
Terms & Conditions:
#PIXEL
#binance
#BinanceLaunchpool.
Between February 9 at 00:00 UTC and February 18 at 23:59 UTC, users will be able to earn Pixels (PIXEL) on Binance simply by staking BNB or FDUSD. The staked coins can be withdrawn at any time, and you'll be able to receive PIXEL token rewards
80% of these rewards will be distributed to BNB stakers, while the FDUSD stakers will receive 20% of the rewards.
However, this doesn’t mean that you will earn more PIXEL if you stake BNB rather than FDUSD.
It all depends on how big the size of your stake is relative to the size of the staking pool you've selected.
#binance
#BinanceLaunchpool.
Between February 9 at 00:00 UTC and February 18 at 23:59 UTC, users will be able to earn Pixels (PIXEL) on Binance simply by staking BNB or FDUSD. The staked coins can be withdrawn at any time, and you'll be able to receive PIXEL token rewards
80% of these rewards will be distributed to BNB stakers, while the FDUSD stakers will receive 20% of the rewards.
However, this doesn’t mean that you will earn more PIXEL if you stake BNB rather than FDUSD.
It all depends on how big the size of your stake is relative to the size of the staking pool you've selected.
Launchpool AEVO (AEVO) dự án thứ 48 trên Binance #Binance
Anh em có thể Stake BNB và FDUSD trong 4 ngày từ 07:00 08/03/2024 - 6:59 12/03/2024. Token Aevo sẽ được niêm yết vào lúc 17:00 13/03/2024
Thông tin Launchpool: https://www.binance.com/vi/support/announcement/introducing-aevo-aevo-on-binance-launchpool-farm-aevo-by-staking-bnb-and-fdusd-3ff4cb81f21346a4a6b1c966e0b797f0
Aevo là một Layer 2 phái sinh được xây dựng trên bộ công cụ OP Stack (OP Chain), tiền thân trước đây là dự án Ribbon Finance
Sản phẩm: Aevo cung cấp các sản phẩm như Perp, Option, OTC,... Gần đây nổi lên với thị trường OTC các đồng coin hot hit
Điểm mạnh: Thu hút người dùng nhờ giao diện dễ dùng, Perp list nhiều Token mới chưa xuất hiện trên thị trường, cùng loạt tiện ích giao dịch còn hơn cả CEX như đặt lệnh, hiển thị SL/TP trên Chart,...
Gọi vốn: Xuất thân từ Ribbon nên quỹ đầu tư Ribbon cũng chính là quỹ đầu tư Aevo. Dự án đã gọi vốn hơn $8.8M từ nhiều tên tuổi như: Paradigm, DragonFly, Coinbase Ventures,...
Token Usecase: AEVO được Stake để nhận sAEVO, có thể dùng để tham gia quản trị và chia sẽ doanh thu từ Aevo. Tương lai cũng có thể dùng để trả phí giao dịch
Tokenomics:
Chi tiết về Token AEVO:
Tên mã thông báo: AEVO (AEVO)
Nguồn cung cấp tối đa: 1.000.000.000 AEVO
Phần thưởng mã thông báo Launchpool: 45.000.000 AEVO (4,5% nguồn cung cấp mã thông báo tối đa)
Nguồn cung lưu hành ban đầu: 110.000.000 AEVO (11% nguồn cung cấp mã thông báo tối đa)
Contract Aevo: 0xB528edBef013aff855ac3c50b381f253aF13b997
Trong phân bổ đáng chú ý nhất là gần 50% cho Treasury dưới thời Ribbon. Và hiện tại phần này còn gần 34%, sắp tới Airdrop 16% và còn lại 18% để thực hiện các chiến lược khác
🖥Theo dõi 2 kênh Social Media của Binance Việt Nam:
🚀Twitter: https://twitter.com/binance_vietnam
✈️Telegram: https://bit.ly/BinanceVietnamTelegram
Đăng kí tài khoản Binance để giảm phí giao dịch https://accounts.binance.com/register?ref=738825048
#BinanceLaunchpool. #AevoUpdate #Binance
Anh em có thể Stake BNB và FDUSD trong 4 ngày từ 07:00 08/03/2024 - 6:59 12/03/2024. Token Aevo sẽ được niêm yết vào lúc 17:00 13/03/2024
Thông tin Launchpool: https://www.binance.com/vi/support/announcement/introducing-aevo-aevo-on-binance-launchpool-farm-aevo-by-staking-bnb-and-fdusd-3ff4cb81f21346a4a6b1c966e0b797f0
Aevo là một Layer 2 phái sinh được xây dựng trên bộ công cụ OP Stack (OP Chain), tiền thân trước đây là dự án Ribbon Finance
Sản phẩm: Aevo cung cấp các sản phẩm như Perp, Option, OTC,... Gần đây nổi lên với thị trường OTC các đồng coin hot hit
Điểm mạnh: Thu hút người dùng nhờ giao diện dễ dùng, Perp list nhiều Token mới chưa xuất hiện trên thị trường, cùng loạt tiện ích giao dịch còn hơn cả CEX như đặt lệnh, hiển thị SL/TP trên Chart,...
Gọi vốn: Xuất thân từ Ribbon nên quỹ đầu tư Ribbon cũng chính là quỹ đầu tư Aevo. Dự án đã gọi vốn hơn $8.8M từ nhiều tên tuổi như: Paradigm, DragonFly, Coinbase Ventures,...
Token Usecase: AEVO được Stake để nhận sAEVO, có thể dùng để tham gia quản trị và chia sẽ doanh thu từ Aevo. Tương lai cũng có thể dùng để trả phí giao dịch
Tokenomics:
Chi tiết về Token AEVO:
Tên mã thông báo: AEVO (AEVO)
Nguồn cung cấp tối đa: 1.000.000.000 AEVO
Phần thưởng mã thông báo Launchpool: 45.000.000 AEVO (4,5% nguồn cung cấp mã thông báo tối đa)
Nguồn cung lưu hành ban đầu: 110.000.000 AEVO (11% nguồn cung cấp mã thông báo tối đa)
Contract Aevo: 0xB528edBef013aff855ac3c50b381f253aF13b997
Trong phân bổ đáng chú ý nhất là gần 50% cho Treasury dưới thời Ribbon. Và hiện tại phần này còn gần 34%, sắp tới Airdrop 16% và còn lại 18% để thực hiện các chiến lược khác
🖥Theo dõi 2 kênh Social Media của Binance Việt Nam:
🚀Twitter: https://twitter.com/binance_vietnam
✈️Telegram: https://bit.ly/BinanceVietnamTelegram
Đăng kí tài khoản Binance để giảm phí giao dịch https://accounts.binance.com/register?ref=738825048
#BinanceLaunchpool. #AevoUpdate #Binance
ENA: Launchpool Darling - Price Prediction & Potential
The wait is over! ENA, the governance token of Ethena, is primed to launch on Binance Launchpool. But what about the price?
Pre-launch Buzz: ENA prelaunch futures have been soaring, hinting at a potential market cap of over $500 million! This suggests an opening price between ** $0.35 and $1.5** depending on circulating supply.
Beyond Launch: While the initial price is exciting, ENA's potential goes further. Here's what could impact its future value:
Binance Boost: Listing on a major exchange like Binance is a huge plus for adoption and liquidity.
Ethena's Ecosystem: ENA's role in Ethena's DeFi protocol could drive demand as the platform grows.
Remember: Crypto is inherently volatile. Predictions are educated guesses, not guarantees. Do your own research (DYOR) before investing!
****Join the Discussion: What's your ENA price prediction? Share your thoughts in the comments!***
#ENA #BinanceLaunchpool. #MemeCoinsSeason #ENALAUNCHPOOL! #BullorBear
The wait is over! ENA, the governance token of Ethena, is primed to launch on Binance Launchpool. But what about the price?
Pre-launch Buzz: ENA prelaunch futures have been soaring, hinting at a potential market cap of over $500 million! This suggests an opening price between ** $0.35 and $1.5** depending on circulating supply.
Beyond Launch: While the initial price is exciting, ENA's potential goes further. Here's what could impact its future value:
Binance Boost: Listing on a major exchange like Binance is a huge plus for adoption and liquidity.
Ethena's Ecosystem: ENA's role in Ethena's DeFi protocol could drive demand as the platform grows.
Remember: Crypto is inherently volatile. Predictions are educated guesses, not guarantees. Do your own research (DYOR) before investing!
****Join the Discussion: What's your ENA price prediction? Share your thoughts in the comments!***
#ENA #BinanceLaunchpool. #MemeCoinsSeason #ENALAUNCHPOOL! #BullorBear
PREDICTION OF $ENA ?
It’s all here 👇👇🍀
It’s a new token, let’s say it will be affordable starting with 0,01$
After few seconds let’s expect the rise to completely 0,9$ going to 1$
And when everyone else seems to be buying we skip some dollar 💵 and go to 4$ ENA
The more FOMO people get then the price becomes higher and double it to 8$ yes you had it right
$ENATHA ain’t going to be cheaper as you are probably imagining🤣 remember we haven’t heard a listed coin almost 15 days and I guarantee you this coin will be the hell of a expensive and everyone will be longing FOMO. Or should I say the majority of us
Never mind!
Remember those are all assumptions please I am not expert of this prediction and don’t purchase the coin and say you that Crypto Mummy said it’s a good one no that’s wrong.
DYOR= Do your own research 🔬 and stop putting the blame on me for your ignorance.
ENA
#BinanceLaunchpool.
#BullorBear #ExpertParaCommUNITYon #ExpertParaCommUNITY #HotTrends
It’s all here 👇👇🍀
It’s a new token, let’s say it will be affordable starting with 0,01$
After few seconds let’s expect the rise to completely 0,9$ going to 1$
And when everyone else seems to be buying we skip some dollar 💵 and go to 4$ ENA
The more FOMO people get then the price becomes higher and double it to 8$ yes you had it right
$ENATHA ain’t going to be cheaper as you are probably imagining🤣 remember we haven’t heard a listed coin almost 15 days and I guarantee you this coin will be the hell of a expensive and everyone will be longing FOMO. Or should I say the majority of us
Never mind!
Remember those are all assumptions please I am not expert of this prediction and don’t purchase the coin and say you that Crypto Mummy said it’s a good one no that’s wrong.
DYOR= Do your own research 🔬 and stop putting the blame on me for your ignorance.
ENA
#BinanceLaunchpool.
#BullorBear #ExpertParaCommUNITYon #ExpertParaCommUNITY #HotTrends
#BinanceChallenge #binanacesquare #BinanceWish #BinanceLaunchpool. #BinanceSeasonOfGiving
$BNB coin Price Target for $500
$BNB $USDC
$BNB coin Price Target for $500
$BNB $USDC
LIVE
Coinspeaker
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Binance Coin Up 11%: BNB Price Targets $500 As Crucial Resistance Breaks, What’s Behind This Surge?
Coinspeaker Binance Coin Up 11%: BNB Price Targets $500 as Crucial Resistance Breaks, What’s Behind This Surge?
On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend that began last week when the price surged from $233 to $277, an 18% increase, before closing around $264. Although the price is currently experiencing a minor retracement from yesterday’s gains, the overall trend appears poised for further bullish moves, with BNB having increased by over 14% this week.
The sudden price increase has surprised many observers, considering the challenges currently faced by Binance. The company’s founder and former CEO Changpeng Zhao pleaded guilty to money laundering, resulting in billions of dollars in fines on the crypto exchange and significant personal penalties. As the case remains unresolved, the potential for additional fines and the risk of the former CEO facing up to 18 months in jail looms.
Typically, when such issues arise, people tend to distance themselves from the involved company, as evidenced by the significant withdrawals from Binance in the days following the incident and the bears pushing the price down from $272 to $228 last month. Despite all these, BNB bulls have remained resilient, driving the price beyond the November high.
BNB Targets $500 after Crucial Breakout
A careful analysis of the price action reveals that BNB is breaking out of a falling wedge pattern that has constrained its price since January 2022 when the downward and sideways trend began. A successful retest of this pattern could propel the price upward, targeting the top of the channel at around $500. However, this upward movement may encounter some minor resistance at key levels.
Additionally, this analysis aligns with the assessment of a prominent crypto analyst Captain Faibik who shared it with his 75,000 followers on his X account.
$BNB train has also left the Station..🚞
Expecting New All time High in first Half of 2024..📈#Crypto #BNB #Binance pic.twitter.com/9c0AGwiUH6
— Captain Faibik (@CryptoFaibik) December 27, 2023
Slight Increase in Onchain Activities and Other Possible Explanations
The Binance Smart Chain has witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days. However, this alone may not sufficiently explain the unexpected rise in price.
However, given that Binance is the largest cryptocurrency exchange in the world by daily trading volume, it follows that the overall health of the crypto market would impact the price of BNB. If the market performs well, accompanied by high demand and positive news, the demand for BNB on Binance is also expected to increase, as the coin serves various functions within the ecosystem.
With major cryptocurrencies experiencing price increases since October, and some like Solana sustaining stable surges, the crypto market is displaying upward price momentum and positive sentiment.
As BNB is used for payment and to access certain privileges on Binance, such as being a verified merchant on Binance P2P, its price is expected to rise alongside increased adoption. It is worth noting that BNB may have experienced even greater price spikes had there not been significant withdrawals from Binance a few weeks ago.
next
Binance Coin Up 11%: BNB Price Targets $500 as Crucial Resistance Breaks, What’s Behind This Surge?
On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend that began last week when the price surged from $233 to $277, an 18% increase, before closing around $264. Although the price is currently experiencing a minor retracement from yesterday’s gains, the overall trend appears poised for further bullish moves, with BNB having increased by over 14% this week.
The sudden price increase has surprised many observers, considering the challenges currently faced by Binance. The company’s founder and former CEO Changpeng Zhao pleaded guilty to money laundering, resulting in billions of dollars in fines on the crypto exchange and significant personal penalties. As the case remains unresolved, the potential for additional fines and the risk of the former CEO facing up to 18 months in jail looms.
Typically, when such issues arise, people tend to distance themselves from the involved company, as evidenced by the significant withdrawals from Binance in the days following the incident and the bears pushing the price down from $272 to $228 last month. Despite all these, BNB bulls have remained resilient, driving the price beyond the November high.
BNB Targets $500 after Crucial Breakout
A careful analysis of the price action reveals that BNB is breaking out of a falling wedge pattern that has constrained its price since January 2022 when the downward and sideways trend began. A successful retest of this pattern could propel the price upward, targeting the top of the channel at around $500. However, this upward movement may encounter some minor resistance at key levels.
Additionally, this analysis aligns with the assessment of a prominent crypto analyst Captain Faibik who shared it with his 75,000 followers on his X account.
$BNB train has also left the Station..🚞
Expecting New All time High in first Half of 2024..📈#Crypto #BNB #Binance pic.twitter.com/9c0AGwiUH6
— Captain Faibik (@CryptoFaibik) December 27, 2023
Slight Increase in Onchain Activities and Other Possible Explanations
The Binance Smart Chain has witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days. However, this alone may not sufficiently explain the unexpected rise in price.
However, given that Binance is the largest cryptocurrency exchange in the world by daily trading volume, it follows that the overall health of the crypto market would impact the price of BNB. If the market performs well, accompanied by high demand and positive news, the demand for BNB on Binance is also expected to increase, as the coin serves various functions within the ecosystem.
With major cryptocurrencies experiencing price increases since October, and some like Solana sustaining stable surges, the crypto market is displaying upward price momentum and positive sentiment.
As BNB is used for payment and to access certain privileges on Binance, such as being a verified merchant on Binance P2P, its price is expected to rise alongside increased adoption. It is worth noting that BNB may have experienced even greater price spikes had there not been significant withdrawals from Binance a few weeks ago.
next
Binance Coin Up 11%: BNB Price Targets $500 as Crucial Resistance Breaks, What’s Behind This Surge?
Binance Launchpool: A Step-by-Step Tutorial
Binance Launchpool is a platform that enables users to earn new cryptocurrencies by providing liquidity to certain token pools. This is a great way to get involved in new projects and potentially earn significant rewards.
In this tutorial, I'll walk you through the steps on how to use Binance Launchpool.
Step 1: Create a Binance account
If you don't already have a Binance account, you can create one by visiting the Binance website.
Step 2: Fund your Binance account
Once you have a Binance account, you'll need to fund it with some BNB. You can do this by depositing crypto from another wallet or by purchasing BNB directly on Binance.
Step 3: Go to the Launchpool page
Once you have some BNB in your account, you can go to the Launchpool page. Here, you'll see a list of all the active Launchpool pools.
Step 4: Choose a pool
There are several factors to consider when choosing a pool. These include the project's team, the token economics, and the potential rewards.
Step 5: Stake your BNB
Once you've chosen a pool, you can stake your BNB to start earning rewards. The amount of rewards you earn will be based on the amount of BNB you stake and the length of time you stake it.
Step 6: Claim your rewards
Once the pool has ended, you can claim your rewards. You can do this by going to the Launchpool page and clicking on the "Claim" button.
Conclusion
Binance Launchpool is a great way to get involved in new projects and potentially earn significant rewards. By following the steps in this tutorial, you can start using Binance Launchpool today.#BinanceLaunchpool. #HotTrends
Binance Launchpool is a platform that enables users to earn new cryptocurrencies by providing liquidity to certain token pools. This is a great way to get involved in new projects and potentially earn significant rewards.
In this tutorial, I'll walk you through the steps on how to use Binance Launchpool.
Step 1: Create a Binance account
If you don't already have a Binance account, you can create one by visiting the Binance website.
Step 2: Fund your Binance account
Once you have a Binance account, you'll need to fund it with some BNB. You can do this by depositing crypto from another wallet or by purchasing BNB directly on Binance.
Step 3: Go to the Launchpool page
Once you have some BNB in your account, you can go to the Launchpool page. Here, you'll see a list of all the active Launchpool pools.
Step 4: Choose a pool
There are several factors to consider when choosing a pool. These include the project's team, the token economics, and the potential rewards.
Step 5: Stake your BNB
Once you've chosen a pool, you can stake your BNB to start earning rewards. The amount of rewards you earn will be based on the amount of BNB you stake and the length of time you stake it.
Step 6: Claim your rewards
Once the pool has ended, you can claim your rewards. You can do this by going to the Launchpool page and clicking on the "Claim" button.
Conclusion
Binance Launchpool is a great way to get involved in new projects and potentially earn significant rewards. By following the steps in this tutorial, you can start using Binance Launchpool today.#BinanceLaunchpool. #HotTrends
Gear Up for Takeoff! ETHFI Launches on Binance Launchpool #ETHFI #Binance
Calling all ETH stakers! The wait is over - ETHFI is taking flight on Binance Launchpool!
Starting March 14th, 00:00 UTC, stake your BNB or FDSUD to farm those sweet ETHFI tokens.
Here's why you shouldn't miss this:
Effortless Staking: Earn rewards with ETHFI, the future of ETH staking.
Full details: https://www.ether.fi/
Don't miss your chance to be part of the ETHFI revolution! #Crypto
#BinanceLaunchpool.
Calling all ETH stakers! The wait is over - ETHFI is taking flight on Binance Launchpool!
Starting March 14th, 00:00 UTC, stake your BNB or FDSUD to farm those sweet ETHFI tokens.
Here's why you shouldn't miss this:
Effortless Staking: Earn rewards with ETHFI, the future of ETH staking.
Full details: https://www.ether.fi/
Don't miss your chance to be part of the ETHFI revolution! #Crypto
#BinanceLaunchpool.
Big News of #ETHFI 💰 ETHFI will Launch Soon.
Wait for #ETHFI #investethfi
👉🎁Get Free Rewards Here
Ethfi is Expected very profitable coin.
Get #profitethfi #BinanceLaunchpool.
Wait for #ETHFI #investethfi
👉🎁Get Free Rewards Here
Ethfi is Expected very profitable coin.
Get #profitethfi #BinanceLaunchpool.
Binance vui mừng thông báo Launchpool AEVO (AEVO) dự án thứ 48 trên #Binance
⏰Thời gian farming: kéo dài 4 ngày từ 07:00 08/03/2024 - 6:59 12/03/2024 (Giờ VN)
⏰Thời gian niêm yết: 17:00 13/03/2024 (Giờ VN)
⚒Stake: BNB & FDUSD
Thông tin chi tiết về Launchpool: https://www.binance.com/vi/support/announcement/introducing-aevo-aevo-on-binance-launchpool-farm-aevo-by-staking-bnb-and-fdusd-3ff4cb81f21346a4a6b1c966e0b797f0
Aevo là một Layer 2 phái sinh được xây dựng trên bộ công cụ OP Stack (OP Chain), tiền thân trước đây là dự án Ribbon Finance
Sản phẩm: Aevo cung cấp các sản phẩm như Perp, Option, OTC,... Gần đây nổi lên với thị trường OTC các đồng coin hot hit
Điểm mạnh: Thu hút người dùng nhờ giao diện dễ dùng, Perp list nhiều Token mới chưa xuất hiện trên thị trường, cùng loạt tiện ích giao dịch còn hơn cả CEX như đặt lệnh, hiển thị SL/TP trên Chart,...
Gọi vốn: Xuất thân từ Ribbon nên quỹ đầu tư Ribbon cũng chính là quỹ đầu tư Aevo. Dự án đã gọi vốn hơn $8.8M từ nhiều tên tuổi như: Paradigm, DragonFly, Coinbase Ventures,...
Token Usecase: AEVO được Stake để nhận sAEVO, có thể dùng để tham gia quản trị và chia sẽ doanh thu từ Aevo. Tương lai cũng có thể dùng để trả phí giao dịch
Tokenomics:
Chi tiết về Token AEVO:
Tên mã thông báo: AEVO (AEVO)
Nguồn cung cấp tối đa: 1.000.000.000 AEVO
Phần thưởng mã thông báo Launchpool: 45.000.000 AEVO (4,5% nguồn cung)
Nguồn cung lưu hành ban đầu: 110.000.000 AEVO (11% nguồn cung)
Trong phân bổ đáng chú ý nhất là gần 50% cho Treasury dưới thời Ribbon. Và hiện tại phần này còn gần 34%, sắp tới Airdrop 16% và còn lại 18% để thực hiện các chiến lược khác
🖥Theo dõi kênh Social Media của Binance Việt Nam:
🚀Twitter: https://twitter.com/binance_vietnam
✈️Telegram: https://bit.ly/BinanceVietnamTelegram
Đăng kí tài khoản Binance để giảm phí giao dịch https://accounts.binance.com/register?ref=738827697
#Binance #BinanceLaunchpool. #Aevo
⏰Thời gian farming: kéo dài 4 ngày từ 07:00 08/03/2024 - 6:59 12/03/2024 (Giờ VN)
⏰Thời gian niêm yết: 17:00 13/03/2024 (Giờ VN)
⚒Stake: BNB & FDUSD
Thông tin chi tiết về Launchpool: https://www.binance.com/vi/support/announcement/introducing-aevo-aevo-on-binance-launchpool-farm-aevo-by-staking-bnb-and-fdusd-3ff4cb81f21346a4a6b1c966e0b797f0
Aevo là một Layer 2 phái sinh được xây dựng trên bộ công cụ OP Stack (OP Chain), tiền thân trước đây là dự án Ribbon Finance
Sản phẩm: Aevo cung cấp các sản phẩm như Perp, Option, OTC,... Gần đây nổi lên với thị trường OTC các đồng coin hot hit
Điểm mạnh: Thu hút người dùng nhờ giao diện dễ dùng, Perp list nhiều Token mới chưa xuất hiện trên thị trường, cùng loạt tiện ích giao dịch còn hơn cả CEX như đặt lệnh, hiển thị SL/TP trên Chart,...
Gọi vốn: Xuất thân từ Ribbon nên quỹ đầu tư Ribbon cũng chính là quỹ đầu tư Aevo. Dự án đã gọi vốn hơn $8.8M từ nhiều tên tuổi như: Paradigm, DragonFly, Coinbase Ventures,...
Token Usecase: AEVO được Stake để nhận sAEVO, có thể dùng để tham gia quản trị và chia sẽ doanh thu từ Aevo. Tương lai cũng có thể dùng để trả phí giao dịch
Tokenomics:
Chi tiết về Token AEVO:
Tên mã thông báo: AEVO (AEVO)
Nguồn cung cấp tối đa: 1.000.000.000 AEVO
Phần thưởng mã thông báo Launchpool: 45.000.000 AEVO (4,5% nguồn cung)
Nguồn cung lưu hành ban đầu: 110.000.000 AEVO (11% nguồn cung)
Trong phân bổ đáng chú ý nhất là gần 50% cho Treasury dưới thời Ribbon. Và hiện tại phần này còn gần 34%, sắp tới Airdrop 16% và còn lại 18% để thực hiện các chiến lược khác
🖥Theo dõi kênh Social Media của Binance Việt Nam:
🚀Twitter: https://twitter.com/binance_vietnam
✈️Telegram: https://bit.ly/BinanceVietnamTelegram
Đăng kí tài khoản Binance để giảm phí giao dịch https://accounts.binance.com/register?ref=738827697
#Binance #BinanceLaunchpool. #Aevo
#Binance announces the 44th project on the #BinanceLaunchpool. — #Manta (MANTA).
Starting January 16, 2024, at 00:00 (UTC), users can stake #BNB and $FDUSD in distinct pools to farm $MANTA tokens over two days. Then January 18th, at 10:00 UTC , Binance will list $MANTA and open trading with the $MANTA /$BTC, $MANTA /$USDT, $MANTA /$BNB, $MANTA /$FDUSD $FDUSD NTA/$TRY trading pairs. Manta Network is privacy-preserving protocol designed for seamless integration across the entire #DeFi ecosystem.
🟠Total Token Supply: 1,000,000,000 MANTA
🟠Launchpool Token Rewards: 30,000,000 MANTA
🟠Initial Circulating Supply: 251,000,000 MANTA
👉 binance.com/en/support/announcement/introducing-manta-manta-on-binance-launchpool-farm-manta-by-staking-bnb-and-fdusd-d408406a0b594b2d82206f7ea9ca60bc
Starting January 16, 2024, at 00:00 (UTC), users can stake #BNB and $FDUSD in distinct pools to farm $MANTA tokens over two days. Then January 18th, at 10:00 UTC , Binance will list $MANTA and open trading with the $MANTA /$BTC, $MANTA /$USDT, $MANTA /$BNB, $MANTA /$FDUSD $FDUSD NTA/$TRY trading pairs. Manta Network is privacy-preserving protocol designed for seamless integration across the entire #DeFi ecosystem.
🟠Total Token Supply: 1,000,000,000 MANTA
🟠Launchpool Token Rewards: 30,000,000 MANTA
🟠Initial Circulating Supply: 251,000,000 MANTA
👉 binance.com/en/support/announcement/introducing-manta-manta-on-binance-launchpool-farm-manta-by-staking-bnb-and-fdusd-d408406a0b594b2d82206f7ea9ca60bc
Binance introduces the 46th project on Binance Launchpool - Pixels (PIXEL), a social web3 game running on the Ronin Network. Users can stake BNB and FDUSD in separate pools for ten days to earn PIXEL tokens, starting from 2024-02-09 00:00 (UTC). PIXEL will be listed on Binance on 2024-02-19 10:00 (UTC) with trading pairs including PIXEL/BTC, PIXEL/USDT, PIXEL/BNB, PIXEL/FDUSD, and PIXEL/TRY. The Seed Tag will be applied to PIXEL.
For more details, visit: [Binance Announcement](https://www.binance.com/en/support/ar ouncement/introducing-pixels-pixel-on- binance-launchpool-farm-pixel-by- staking-bnb-and-fdusd-c055fa89dda84402b7b662f13b80fffe) #BinanceLaunchpool. #Pixelsxyz
For more details, visit: [Binance Announcement](https://www.binance.com/en/support/ar ouncement/introducing-pixels-pixel-on- binance-launchpool-farm-pixel-by- staking-bnb-and-fdusd-c055fa89dda84402b7b662f13b80fffe) #BinanceLaunchpool. #Pixelsxyz
