According to Odaily, Sui Chung, the CEO of CF Benchmarks, has stated in an interview that all regulatory precedents indicate that ETH tokens should be classified as a 'commodity'. This statement comes amidst ongoing discussions about the nature and classification of various cryptocurrencies. Chung's assertion adds to the growing consensus among industry leaders about the status of ETH tokens. His comments are based on existing regulatory precedents, suggesting that the classification of ETH tokens as commodities is not a new concept, but rather a widely accepted view within the industry. However, it is important to note that the classification of cryptocurrencies can vary depending on the jurisdiction and the specific regulatory body involved. Therefore, while Chung's comments provide insight into one perspective, they do not necessarily represent a universally accepted viewpoint. This news highlights the ongoing debate about the nature of cryptocurrencies and their place within the global financial system. As the industry continues to evolve, the classification and regulation of cryptocurrencies like ETH will likely remain a topic of discussion.

It seems like you are referring to a promotional event or campaign involving MEMEFI and MAJOR tokens where users can deposit, trade, and refer others to earn rewards. Here's how you might organize the information for clarity:

1. MEMEFI Trading and Referral Event

Event Name: Deposit/Trade MEMEFI to Earn

Reward Type: Refer & Earn

Total Prize Pool: 18,000,000 MEMEFI

Total Participants: 0 (so far)

Trade Task Deadline: Ends in 14 Days, 11 Hours, 12 Minutes, and 54 Seconds

Action Needed: Join now if not registered!

---

2. MAJOR Token Trading and Referral Event

Event Name: Deposit/Trade MAJOR to Earn

Reward Type: Refer & Earn

Total Prize Pool: Not mentioned

Total Participants: 10,012

Trade Task Deadline: Ends in 19 Days, 14 Hours, 12 Minutes, and 54 Seconds

Action Needed: Join now if not registered!

Would you like help with creating promotional content for these events or understanding the tasks better?
#EarnFreeCrypto2024 #BinanceSquareFamily #Binance #ETHETFsApproved #BTC☀

Ethereum $ETH is trading at $3,145. The chart shows bearish momentum with a clear breakout pattern forming.

💡Trade Setup:

● $ETH Entry = $3,145

● Targets;
⛳️ TP 1 = $3,103
⛳️ TP 2 = $3,074

● Stop Loss = $3,200

Aided by strong trading volume. The success of this downward journey may depend on $ETH performance.
#etherreum #ETHETFsApproved #COSSocialFiRevolution #ETH🔥🔥🔥🔥 #ETH

Ready to turn your financial dreams into reality by 2025? With the right strategy and careful selection of undervalued coins priced under $1, you could potentially unlock life-changing wealth. Despite the volatility of the crypto market, some coins have incredible upside potential, especially those priced affordably but backed by strong community support and real-world use cases. Here's a guide to 5 crypto gems under $1 that could set you on the path to millionaire status.
1: Pepe Coin ($PEPE )
Current Price: $0.00000113Market Cap: $3.39 billion
Why It's a Game-Changer:
PEPE has proven it’s more than just another meme coin. With a passionate community and sustained momentum, PEPE has the potential to take advantage of the next market wave, making it a high-risk, high-reward asset.
Why It’s Worth the Risk:
For those who are willing to bet on speculative coins, PEPE could deliver massive returns if it rides the next crypto wave. A small investment now might result in big profits down the line.
2. Bonk Inu ($BONK )
Current Price: $0.000017Market Cap: $1.2 billion
The Underdog with Potential:
BONK is gaining attention with its upcoming meme token Exchange-Traded Product (ETP). With backing from Osprey Funds, it’s gaining credibility among institutional investors, setting it apart in the meme coin space.
Why It’s Promising:
The potential for institutional adoption and mainstream attention could drive BONK’s growth. While speculative, its unique positioning in the market makes it an interesting pick for short- to mid-term gains.
3. Shiba Inu ($SHIB )
Current Price: $0.00001468Market Cap: $8.53 billion
More Than Just a Meme Coin:
Shiba Inu has evolved from a meme coin into a full ecosystem with deflationary mechanics like token burns. Projects like Shibarium, a Layer 2 solution, enhance its scalability and utility, making SHIB a strong contender for long-term growth.
Long-Term Outlook:
Shiba Inu’s expanding ecosystem, community support, and future potential make it a solid long-term hold for anyone seeking a stable asset in their crypto portfolio.
4. Floki Inu (FLOKI)
Current Price: $0.000132Market Cap: $1.28 billion
The Comeback King:
Floki Inu has bounced back from previous lows with strong community backing and clever marketing campaigns. Positive technical indicators suggest FLOKI could soon break out, offering substantial gains for short-term traders.
What Sets It Apart:
FLOKI’s clever marketing strategies, community strength, and positive momentum position it for breakout potential. For traders seeking quick returns, FLOKI could be the coin to watch.
The Blueprint for Success: Building a Balanced Portfolio
To maximize your chances of becoming a crypto millionaire, it’s crucial to diversify your investments. Here’s a suggested allocation:
Rexas Finance (RXS): 40% – Stable, real-world utilityPepe Coin (PEPE): 20% – Short-term speculativeBonk Inu (BONK): 15% – Meme coin with institutional backingShiba Inu (SHIB): 15% – Long-term ecosystem growthFloki Inu (FLOKI): 10% – Short-term breakout potential
Key Strategies for Aspiring Millionaires
Do Your Research:
Keep up with market trends and news. Engage with the communities of each coin and stay informed about their developments.Set Realistic Goals:
Crypto markets are volatile. Set achievable targets and balance your portfolio between short-term trades and long-term holds.Dollar-Cost Averaging (DCA):
Invest small amounts consistently instead of lump sums to mitigate the impact of market volatility.Secure Your Investments:
Use cold or hardware wallets to store your coins securely. Avoid leaving funds on exchanges for long periods.Be Patient but Vigilant:
While long-term growth requires patience, always be alert to market signals that could present short-term opportunities.#COSSocialFiRevolution #Write2Earn! #ETHETFsApproved #Megadrop #BTC☀