Cryptocurrency analysis platform Coin98 conducted an in-depth analysis of each Binance Launchpool, revealing which tokens are more profitable to stake.

Since 2020, 51 projects have been listed on Binance Launchpool and 4 projects on Binance Launchpad. The number of Binance Launchpool projects has been growing steadily for the last three years. Remarkably, 12 projects were listed in just the first four months of 2024.

The sectors to which the projects listed on Binance Launchpool belong have changed over the years:

2020: DeFi
2021: Gaming, Fan Token, Infrastructure, Layer 1, DeFi
2022: Gaming, DeFi
2023: DeFi, Infrastructure, Layer 1, AI, Meme, SocialFi
2024: Gaming, Infrastructure, DeFi (Restaking), Artificial Intelligence, Layer 1, Layer 2
Sectors gaining the most attention since the beginning of 2023 include Gaming (with 4 projects listed), Infrastructure and restaking, and Artificial Intelligence.

The average Farm Season from 2020 to late 2023 lasted 30 days. However, since December 2023, the Farm Period has shortened and ranged from 2 to 10 days, with an average of 5 days per project.

From 2023 until today, there were only 3 pools in Binance Launchpool: BNB Pool, FUSD Pool and TUSD Pool. Investors tend to prefer the BNB pool over the other two stablecoin pools.

According to analysts, one of the main advantages of investing in the BNB pool is the potential for double profit: profit from the amount of tokens allocated from the pool and double profit from the increase in the price of BNB.

So, what is the average profit of each participant if $1000 is invested in each pool? Here are the project names, the end date of farming in the pool, farming duration in days and the altcoin profit per 1000 dollars of each pool.

Xai (XAI):
January 9, 2024

4 days

FUSD pool: $4.98

BNB pool: $5.38

TUSD pool: $5.90

Sui (SUI):
January 9, 2024

4 days

FUSD pool: $7.73

BNB pool: $11.74

Radiant Capital (RDNT):
January 9, 2024

4 days

FUSD pool: $0.93

BNB pool: $1.38

Maverick Protocol (MAV):
January 9, 2024

4 days

FUSD pool: $2.57

BNB pool: $4.40

Pendle (PENDLE):
January 9, 2024

4 days

FUSD pool: $6.53

BNB pool: $17.10

CyberConnect (CYBER):
January 9, 2024

4 days

FUSD pool: $16.59

BNB pool: $12.79

TUSD pool: $14.87

Sei (SEI):
January 9, 2024

4 days

FUSD pool: $50.54

BNB pool: $35.06

TUSD pool: $43.12

Neutron (NTRN):
January 9, 2024

4 days

FUSD pool: $7.65

BNB pool: $3.66

TUSD pool: $6.23

Memecoin (MEME):
January 9, 2024

4 days

FUSD pool: $11.26

BNB pool: $7.09

TUSD pool: $10.57

Fusionist (ACE):
January 9, 2024

4 days

FUSD pool: $9.02

BNB pool: $5.89

NFPrompt (NFP):
January 9, 2024

4 days

FUSD pool: $5.83

BNB pool: $5.10

TUSD pool: $6.97

Sleepless Al (AI):
January 9, 2024

4 days

FUSD pool: $6.76

BNB pool: $6.81

TUSD pool: $7.54

Manta Network (MANTA):
January 9, 2024

4 days

FUSD pool: $7.67

BNB pool: $5.04

AltLayer (ALT):
January 9, 2024

4 days

FUSD pool: $19.87

BNB pool: $17.72

Pixels (PIXEL):
January 9, 2024

4 days

FUSD pool: $15.79

BNB pool: $13.96

Portal:
January 9, 2024

4 days

FUSD pool: $4.23

BNB pool: $4.15

Aevo (AEVO):
January 9, 2024

4 days

FUSD pool: $7.90

BNB pool: $5.73

Ether.fi (ETHFI):
January 9, 2024

4 days

FUSD pool: $7.47

BNB pool: $12.62

Ethena (ENA):
January 9, 2024

4 days

FUSD pool: $30.01

BNB pool: $20.75

Saga (SAGA):
January 9, 2024

4 days

FUSD pool: $12.80

BNB pool: $13.17

Omni Network (OMNI):
January 9, 2024

4 days

FUSD pool: $3.77

BNB pool: $4.52

#Write2Earn

*This is not investment advice.

If #cardano price fails to climb above the $0.4740 resistance level and the 100 simple moving average (4 hours), it could continue to move down. Immediate support on the downside is near the $0.450 level.
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The next major support is near the $0.4280 level. A downside break below the $0.4280 level could open the doors for a test of $0.40. The next major support is near the $0.3880 level.

Bitcoin price broke above $65,000 after reacting positively to the US CPI data released today.

At the time of writing this article, Bitcoin price is trading at $64,955, with a 5.85% increase in the last 24 hours.

Gold also increased by more than 1% during the day.

The increase in Bitcoin price was followed by many other altcoins. Ethereum increased by 3.20%, Solana increased by 7.60%, and Toncoin increased by 3.35%. Despite this, altcoins including Ethereum, BNB, XRP and Cardano continue to be in the red zone on their weekly charts.

With the recent rally that carried the BTC price above $65,000, there were major increases in the transaction volumes of some altcoins, according to Binance data. In the last 24 hours, the dominance of memecoins in transaction volumes was observed.

Here is the ranking of the altcoins with the most transaction volume on Binance in the last 24 hours:

$Ethereum (ETH)
$PEPE
$SOL Solana (LEFT)
#Floki Inu (FLOKI)
#dogwifhat (WIF)
#Dogecoin (DOGE)
#BNB
$BOME
$BTC
Floki Inu, in particular, has seen a double-digit increase in trading volume in the last 24 hours.

*This is not investment advice.

The recent market activities have put Solana in the spotlight. Despite experiencing a sharp 30% correction in the past six weeks, dropping to a low of $120, the cryptocurrency is showing signs of an imminent upturn. Analysts, including the noted Inmortal, are optimistic, predicting that Solana could not only recover but also set new records. According to Inmortal’s analysis, if Solana can push past the immediate resistance at $158 and maintain momentum through $175 and $185, it might clear the way for a significant rally. A sustained move above $160 could definitively signal the end of the downturn, ushering in a bullish phase. However, a slip below $140 could lead to further declines, testing the robustness of support at $120.

Crypto billionaire Changpeng “C.Z.” Zhao took to Twitter hours after being sentenced to four months in prison in a Seattle courtroom to thank supporters and call out a “silver lining” to the months-long legal process.
“I will do my time, conclude this phase and focus on the next chapter of my life,” Zhao wrote. “I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase.”

He noted that education will be his post-prison focus—most likely through the Giggle Academy, which he announced in March while waiting for his day in court.

”I would like to thank everyone for your care and support, be it writing letters, showing support on X, or in any other form,” Zhao wrote. “They all mean a lot to me and keep me strong.”

He also praised his former company and reinforced the overall theme of his court case.

“A silver lining of this whole process is that Binance has been under the microscope and funds are SAFU,” he said. “Compliance is super important... Protect users!”

Zhao had pleaded guilty to federal money laundering charges last year, which focused on a corporate culture at Binance that federal prosecutors say sidelined fraud prevention in favor of growth. He was forced to leave the company and pay a $50 million fine.

The U.S. Department of Justice said Zhao should be subject to enhanced sentencing guidelines due to the severity of his crimes, and asked the judge for a three-year prison sentence. Tuesday's sentencing began with a debate over the appropriate sentence, as prosecutors wanting to use the case to “send a message” to future bad actors.

U.S. District Judge Richard Jones disagreed, and instead followed the recommendations of the federal probation office. Zhao will receive credit for time already served, and the four-year sentence could include as little as 10 months behind bars with the remaining time under supervised release.

“Everything I see about your history and characteristics are of a mitigating nature and a positive nature," Jones told Zhao, according to The Verge.

When Zhao has completed his sentence, his “next chapter” in education will likely include Giggle Academy, a free online education platform for students from first grade through high school. He pitched the project via a concept paper that proposed to “make basic education accessible, addictive and adaptive, to the kids who don't have access to them today, all around the world, for free".

#write2earn🌐💹 $BNB #Binance

$BTC and cryptocurrency markets are in an important week where critical decisions will be announced. The most important of these is undoubtedly the FED's interest rate decision and the subsequent statements by FED Chairman Jerome Powell.
BTC and the market are experiencing a general correction as they prepare for the FOMC meeting. As BTC price falls below $61,000 during this correction, analysts are predicting potential volatility for Bitcoin and Ethereum ($ETH ).
At this point, while investors were worried about the continuation of the declines, popular analyst Michael van de Poppe stated that he expected BTC to rise after the FOMC meeting.
Arguing that historically Bitcoin fell before the FOMC but rose again afterwards, Poppe said that the same pattern is happening now.
Poppe, who expects a further decline in Bitcoin with the impact of this week's important events, claimed that BTC will reach the bottom within a week. Poppe advised investors to buy BTC below $61,000 and wait for the rise.
#dyor #Write2Earn
⚠️NOT A FINANCIAL ADVICE

#DYOR
⚠️NOT A FINANCIAL ADVICE
In a recent post on the X social media platform, Glassnode co-founder Yann Allemann has opined that the price of Bitcoin, the leading cryptocurrency, could end up crashing all the way back to the $52,000 where it would be expected to find some stability.
However, he is bullish on the largest cryptocurrency since he believes that it will be able to attract buyers and reinforce the current uptrend.
Even though the largest cryptocurrency experienced a significant correction over the weekend, Allemann still sees potential signs of recovery that are currently emerging.
The analyst sees the Exponential Moving Average (EMA) as potential support. For now, the $60,000 level seems to be like "robust bottom" as the flagship cryptocurrency continues its streak of range-bound trading.
At press time, the leading cryptocurrency is trading at $60,860 on major spot exchanges. According to the 100eyes Crypto Scanner account, the cryptocurrency has now approved its critical horizontal support.

#Write2Earn

Terra Classic, a blockchain network, recently proposed a new governance rule. This rule aims to enhance the network’s security and decentralization. The regulation restricts validators from operating more than one node. Furthermore, entities cannot validate the network across different project divisions. Non-custodial service providers are also barred from allowing customers to run multiple validators.

This measure addresses concerns about potential risks to the network’s security and decentralization. Validators currently operating multiple nodes would need to revert to a single-node operation. Non-custodial providers must enforce these restrictions rigorously. The proposal seeks to diminish the likelihood of Sybil attacks, where one entity controls multiple nodes, thus compromising the network’s integrity.

The Terra community is set to vote on this crucial proposal soon. If passed, the rule would mandate immediate compliance from all network participants. This would ensure a fair and equitable environment within the Terra Classic network, bolstering its reputation and operational stability.

As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious.
Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower lows, signaling continued bearish momentum. This downtrend is mirrored in the 4-hour chart where a recent sharp decline was followed by a modest recovery, only to descend again, indicating strong selling pressure. The daily chart underscores this bearish narrative with a significant downward trend from recent highs near $3,730, further solidified by the recent consolidation, suggesting a weakening momentum in the sell-off.
#Write2Earn

When Ethereum price tumbled to a 2024 low of $2,868 on April 19, it sparked fears of an incoming post-Bitcoin Halving crash driving ETH to new lows. However, rather than entering a large scale sell-off, ETH whale holders and Liquidity Staking Derivatives (LSD) users turned to the yield staking contracts to tide over the market downturn with passive income.
As hinted in an earlier report from The Crypto Basic, a $620 million surge in Ethereum 2.0 staking appears to have helped slow down the selling pressure in ETH markets over the past week.
#Write2Earn #etherium

Cardano is witnessing a resurgence of whale interest, as large transactions on the network soar to an average of $13 billion a day over the last seven days.
On-chain data from blockchain surveillance resource IntoTheBlock confirms this trend. IntoTheBlock took to X today to reveal that Cardano has commanded some of the largest daily transaction volumes over the last week, nearly competing with the premier cryptocurrency.
According to the disclosure, the volume of ADA transactions worth at least $100,000 has surged to a daily average of $13.84 billion in the past seven days. Further data suggests that this massive volume is a third of Bitcoin’s volume within the same timeframe, and more than 16x the volume of Dogecoin.
#Write2Earn

Cardano (ADA) is moving lower below the $0.500 resistance zone. ADA could gain bearish momentum and decline if it stays below the 100 SMA (H4).
ADA price is slowly moving lower from the $0.520 zone.The price is trading below $0.500 and the 100 simple moving average (4 hours).There is a key bearish trend line forming with resistance at $0.4740 on the 4-hour chart of the ADA/USD pair (data source from Kraken).The pair could attempt a fresh increase if the bulls remain active above the $0.4280 support.
Cardano Price Faces Key Hurdles
In the past few days, Cardano saw a steady decline from the $0.520 resistance zone, like Bitcoin and Ethereum. ADA price declined below the $0.500 and $0.4950 levels to enter a bearish zone.
There was a move below the 50% Fib retracement level of the upward move from the $0.4000 swing low to the $0.5201 high. It even declined below $0.4650 and tested $0.450. The price is now trading below $0.500 and the 100 simple moving average (4 hours).
There is also a key bearish trend line forming with resistance at $0.4740 on the 4-hour chart of the ADA/USD pair. The bulls seem to be active near the $0.450 zone and the 61.8% Fib retracement level of the upward move from the $0.4000 swing low to the $0.5201 high.
On the upside, immediate resistance is near the $0.4740 zone, the 100 simple moving average (4 hours), and the trend line. The first resistance is near $0.4920. The next key resistance might be $0.500. If there is a close above the $0.50 resistance, the price could start a strong rally.
#Write2Earn