The SEC has quietly ended its investigation into Binance, marking a pivotal moment for the crypto industry. This, coupled with CZ’s impending release and subsequent announcement of a new 100x project, has led to a significant increase in $BNB chain volume dominance, which is up 6000% since June.
Key Points:
▫️ On July 11, the SEC concluded its investigation into Binance’s stablecoin issuer.
▫️ A US judge recently dismissed charges against CZ, with his return expected in the upcoming months.
▫️ $BNB chain volume and dominance have surged since June.
The combination of these factors indicates rapid growth for Binance and the $BNB ecosystem in Q3-Q4 2024. Insiders are already betting big on $BNB, and its dominance grows daily.
Promising Altcoins to Watch:
▫️ $HOOK (Hooked Protocol): A Web3 social learning platform transforming over 10M users.
➢ Price: $0.57 | Market Cap: $96M
▫️ $FET (Fetch.ai): An AI lab building a decentralized machine learning network.
➢ Price: $1.27 | Market Cap: $3.2B
▫️ $ID (SpaceID Protocol): A BNB-based domain protocol similar to Ethereum ENS.
➢ Price: $0.46 | Market Cap: $306M
▫️ $EDU (OpenCampus): A decentralized platform backed by Binance to tackle education challenges.
➢ Price: $0.71 | Market Cap: $236M
▫️ $AI (Sleepless AI Lab): A Web3 AI gaming platform.
➢ Price: $0.56 | Market Cap: $110M
▫️ $TRB (Tellor): A transparent and permissionless oracle protocol.
➢ Price: $73.55 | Market Cap: $190M
▫️ $ALI (Alethea): Developing a decentralized physical infrastructure for AI systems.
➢ Price: $0.01 | Market Cap: $67M
▫️ $THETA (Theta Network): An L1 DePIN blockchain for video, AI & entertainment.
➢ Price: $1.50 | Market Cap: $1.5B
▫️ $GRT (The Graph): An indexing protocol for querying data for networks like Ethereum.
➢ Price: $0.20 | Market Cap: $1.9B
▫️ $POND (Marlin Protocol): Provides a high-performance programmable network for DeFi and Web3.
➢ Price: $0.0017 | Market Cap: $137M
▫️ $PHA (Phala Network):