Lifeform becomes the most used BNB Chain dApp According to t | Crypto Ahmet on Binance Square

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Lifeform becomes the most used BNB Chain dApp According to the last 30 days file on DappBay, Lifeform has registered 3.04 million monthly users!
#Lifeform #BNB #crypto2023 #BNBChain #Binance

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🚨🚨🚨Binance Delists Low Liquidity Trading Pairs: What You Should Know Binance, the world’s leading cryptocurrency exchange, has announced that it will delist several high-profile cryptocurrencies from its platform. This move includes removing trading pairs involving AI/TUSD, BTC/AEUR, #CHR /#BNB , ETH/AEUR, #GAS /FDUSD, and LQTY/FDUSD Binance’s decision is part of a broader review aimed at improving trading quality on its platform. The primary drivers behind this action are concerns over inadequate liquidity and low trading volumes. By streamlining its offerings, Binance aims to enhance overall market efficiency. Lots to unpack. Let’s dive in, shall we? Market Reaction: Immediate Volatility The news has already stirred significant reactions within the crypto community and financial markets at large. The affected cryptocurrencies saw initial price volatility as traders scrambled to adjust their positions in light of Binance’s announcement. Binance has reassured users that the delisting of these trading pairs will not hinder the availability of the tokens themselves. Traders can still access these cryptocurrencies through other trading pairs on the platform. Investor Sentiment and Market Dynamics In response to the delisting, Binance has indicated it may take further steps to manage risk if market conditions become unstable, potentially adjusting maximum leverage, position values, and funding rates. This move underscores Binance’s commitment to maintaining market stability. However, it has sparked speculation about how these adjustments could influence the prices of affected cryptocurrencies. Historically, such announcements have caused catastrophic situations in the market, with a major concern of an increase in liquidity. Positive news typically boosts prices, while negative developments can lower investor confidence. In this instance, the delisting of trading pairs has created uncertainty, prompting investors to reassess their trading strategies and positions. #altcoins #binance

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😱🚀🚀Altcoins with rising potential before the Bull Sseason arrives Pyth Netwrok (#PYTH ) $PYTH Network gained huge attention as the prices soared above 400% since the start of the year which remained unaltered regardless of the bearish trend that followedThe price is trading within a descending parallel channel and is consolidating within a range from the past fortnightThe extreme consolidation suggests the bulls could soon gain dominance and elevate the levels to $0.5 initiallyAs the selling pressure has intensified over time, it seems that the bulls may revamp a steep ascending trend as suggested by the bull-bear powerOnce, the PYTH price sustains at these levels, then the path to $1 may be pretty clear without major hindrance #ZkSync (#zkSynk ) The RSI has maintained an incremental trend, due to which the price is on the verge of completing the parabolic recovery to reach the necklineThe neckline around $0.232 to $0.23 can be considered extremely crucial, as the bulls are expected to fall weak at these levelsMeanwhile, if they display some strength at these levels, then the price could trigger a fresh rise to form a new ATH above $0.3By then, market sentiments may have turned bullish, which could trigger a fresh ascending trend, discovering new highs in the latter half of 2024 Conflux (#CFX ) The recent pullback appeared to be the end of the bullish trend as the price dropped after forming a mountain However, the possibility of a trend reversal emerges as the RSI is again testing the average range, aiming to surpass the levels Unfortunately, the bears have dominated the markets and as a result, the price may also face a minor pullback After undergoing a small drop of nearly 18% to 20%, the $CFX price is expected to initiate a fresh upswing and maintain a steep ascending trend to reach the upper resistance zone at $0.21 During the last quarter, the markets are expected to become more optimistic, which may trigger a fresh ascending trend to reach $1 in the last few weeks of 2024. #altcoins

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😱🐋🐋Newly launched Whale wallet focuses on a single Altcoin While cryptocurrency markets are waiting for Ether spot ETFs to open their transactions in the USA, Ether-based LINK has also been the choice of whales, especially in the last week. According to Lookonchain's reporting, 30 million 2.1 million LINK units were purchased in 1 week with 54 budgets that belonged to large institutions or whales and were also renewed. Interest grew with tokenization #Chainlink (#LINK ), which has made a splash with its work in the field of tokenization and expanded its investor base, especially in the last year, rose from 4-5 years old levels in this period last year to 21 years old in March. While many altcoins failed to survive Bitcoin's steep decline, the decentralized "oracle" coin was identified as one of the rare tokens that did so. Thanks to Chainlink's Cross-Chain Interoperability Protocol (CCIP), many important trials and tests, including SWIFT, were completed successfully last year. After these trials, there was a price increase in LINK. CCIP allows value transfer between different blockchains easily and quickly. In this way, it is aimed to spread the tokenized equivalents of real world assets to the digital world and reach large crowds. Whales prefer to buy Chainlink ($LINK ) in the last week. According to the chain, 30 million LINK purchases were made in 1 week from 54 newly opened branches. #altcoins #binance

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😱🚀🚀Cheapest Altcoins that will make a big impact in 2024 1.#SUI $SUI has seen a price drop of about 65% in the last three months. It also boasts a loyal community with a high staking percentage, even surpassing Cardano. Moreover, Sui successfully absorbed selling pressure from a major token unlock earlier this spring. The project is also involved in academic research, offering $500,000 in Sui for research awards and grants. Despite the recent price drop, Sui’s fundamentals remain bullish, making the current price of around $0.79 an attractive entry point. 2. Akash Network #AkashNetwork Network was a market favorite from mid-2022 until a few months ago, experiencing a 30x increase from a low of $0.20 in June 2022 to over $6 in March 2024. However, it has since declined by about 40%. Despite this drop, the demand for powerful Nvidia chips like the H100 and A100, crucial for AI applications and crypto protocols, remains strong. This demand explains Akash’s GPU marketplace, suggesting that the recent price decline may present a buying opportunity. 3.#astar $ASTR enables multi-chain smart contracts, allowing integration within Polkadot and EVM ecosystems. Despite a challenging market, Astar has performed relatively well over the past year but has seen a 60% drop in the last 90 days. Astar uses Polygon’s ZK EVM to maintain compatibility with Ethereum, providing access to more ETH liquidity and better pricing for trading and DeFi applications. #altcoins

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