Megadrop is a new platform from Binance that provides support to cryptocurrency projects in the process of launching their tokens. This platform brings together Launchpool, Web3 and airdrop elements, breaking new ground in the cryptocurrency world.
The formation will also provide liquidity to the BNB market and activities such as BNB swap will earn points on the platform and offer rewards to users.
Megadrop will provide rewards to users through various activities, including BNBs locked in Locked Products. At the same time, it will support new projects to make a strong debut by enabling participants to win Launchpool rewards.
Avalanche (AVAX) has been gaining significant traction in the cryptocurrency market, with many predicting it to be the next big thing. Its high transaction speed, low fees, and robust ecosystem make it an attractive option for both developers and investors. As more projects and users migrate to the Avalanche platform, the demand for AVAX is likely to increase, potentially leading to substantial price appreciation. However, like any investment, it's essential to conduct thorough research and consider the inherent risks before making any decisions.
BTC price traded at $101,356, marking a 4% increase in the past 24 hours. Its 24-hour low and high were $97,173 and $101,872, respectively. The market cap stood at $2 trillion, with a trading volume of $81 billion and a dominance of 55.08%.
Farside Investors reported ETFs with a total inflow of $223 million. Fidelity contributed $121 million, while ARK 21Share recorded a $52 million inflow.
ETH price was trading at $3,875, reflecting a 6% increase in the last 24 hours. Its 24-hour low and high were $3,647 and $3,881, respectively. Over the past week, ETH has gained 17%. The market cap stood at $466 billion, with a trading volume of $34 billion.
ETH ETFs recorded a total inflow of $102 million, with $74 million from BlackRock and $12 million from Grayscale. Top analysts have predicted a 150% increase in Bitcoin, Ethereum, and Solana prices during the first year of a potential crypto-friendly Trump presidency.
The following sentences contain individual optimistic predictions. They do not constitute any recommendations. I find the price predictions for Avalanche (AVAX) in 2025 to be quite positive. I think this is mainly due to the increasing adoption of decentralized applications (dApps) and blockchain networks. The price of AVAX will change significantly depending on market conditions. According to my estimates, the price may fluctuate between $ 48 and $ 180, considering its current progress, and may remain around $ 120 on average throughout the year. I believe that Avalanche will be a major player in the blockchain space in the long term due to its scalability and transaction speed. Seeing the Avalanche platform further develop in areas such as scalability, security and interoperability strengthens my belief that it will be successful in the future. The potential returns of investing in AVAX appeal to me, but I should make a long-term plan and evaluate all risks. The following sentences contain individual optimistic predictions and do not constitute any advice. I find the price predictions for Avalanche (AVAX) in 2025 quite positive. I believe the main reason for this is the increasing adoption of decentralized applications (dApps) and blockchain networks. The price of AVAX will vary significantly depending on market conditions. Based on my predictions, considering its current trajectory, it may range between $48 and $180, with an average of around $120 throughout the year.Thanks to Avalanche's scalability and transaction speed, I believe it will be a key player in the blockchain space in the long term.Seeing the Avalanche platform develop further in areas like scalability, security, and interoperability strengthens my belief in its future success.The potential returns from investing in AVAX attract me, but I need to Make a long-term plan and evaluate all risks.cheers!
Key Developments in 2024: * Regulatory Scrutiny: Binance has faced increased regulatory scrutiny from various jurisdictions, including the United States. This has led to challenges in certain markets and forced the exchange to adapt its operations. * Product Expansion: Binance has continued to expand its product offerings, including derivatives, staking, and DeFi services. This has helped to attract new users and increase trading volume. * Market Volatility: The cryptocurrency market has experienced significant volatility in 2024, impacting Binance's trading volumes and user sentiment. * Security Incidents: While Binance has a strong security track record, the platform has experienced some security incidents in 2024, highlighting the importance of robust security measures. Overall, Binance has remained a dominant force in the cryptocurrency market in 2024. The platform's commitment to innovation, user experience, and security has helped it navigate the challenges and continue to grow. However, the regulatory landscape and market volatility remain significant risks that could impact the exchange's future.
Ethereum is rapidly rising as one of the most important projects in the cryptocurrency world. Ethereum, which has the second largest market value after Bitcoin, is more than just a currency, it offers a platform for smart contracts and decentralized applications (dApps). This feature makes Ethereum a technology that has the potential to revolutionize many sectors.
Among the main reasons for the rise of Ethereum;
* Smart Contracts: Automatically executed digital contracts provide reliable and transparent transactions. * dApps: Applications that work without being dependent on central authorities create new business models and services. * DeFi: Decentralized finance increases financial access by offering alternatives to the traditional financial system. * NFTs: NFTs, which are unique digital assets, create a new economy in areas such as art, gaming and collection.
Although Ethereum's future looks quite bright, it faces some challenges such as scalability and energy consumption. However, the work done to solve these problems can make Ethereum grow even stronger.
Key Factors Contributing to BSC's Rise: * Fast Transaction Speeds and Low Fees: BSC offers significantly faster transaction speeds and lower fees compared to Ethereum, making it a more cost-effective and efficient platform for DeFi applications. * EVM Compatibility: BSC is compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily port Ethereum-based dApps to the BSC network. * Strong Community and Developer Support: BSC has a vibrant community and strong developer support, which fosters innovation and growth. * Binance's Backing: Being backed by Binance, one of the world's largest cryptocurrency exchanges, provides BSC with significant credibility and resources. * Diverse DeFi Ecosystem: BSC has a thriving DeFi ecosystem with a wide range of decentralized applications, including decentralized exchanges, lending platforms, and yield farming protocols. Potential Challenges: While BSC has experienced significant growth, it's important to be aware of potential challenges: * Centralization Concerns: Some critics argue that BSC's close ties to Binance raise concerns about its level of decentralization. * Security Risks: Like any blockchain network, BSC is susceptible to security risks, such as hacks and scams. Overall, BSC has the potential to continue its upward trajectory and become a major player in the DeFi ecosystem. However, it's crucial to stay informed about the latest developments and conduct thorough research before investing in any cryptocurrency or DeFi project.
This combination has the potential to revolutionize the gaming world. Why is it so important?
* Smarter Games: AI will make games more dynamic, personalized, and unpredictable. * New Game Economies: New revenue models will emerge by integrating in-game assets with real-world economies. * Deeper Game Experiences: Players will be able to interact with smarter and more adaptive opponents or helpers thanks to AI. * New Game Genres: AI will create new gaming experiences that we have not yet imagined. Example Applications: * NPCs: AI will allow NPCs (Non-Player Characters) to enrich the game world by exhibiting more realistic behaviors. * Game Design: AI will reduce the workload of developers by automatically generating game levels. * Game Economy: AI will balance in-game economies and ensure a fair gaming environment. What Will Happen in the Future? The world of gaming will change completely with the combination of AI and GameFi. Games will no longer just be entertainment, but will also become tools for investment and social interaction.
James: Who cooked this turkey like this? Perfect! Just like Bitcoin's rise! Angelica: Oh James! Those cryptocurrencies again? Don't spoil the meal. Besides, you never know when that Bitcoin will drop! James: It won't drop, it won't drop! My investment is like gold!
Bitcoin at the Thanksgiving Table: Which Crypto Pie Slice is Sweeter? Cryptocurrency Pie Contest: Bitcoin, Ethereum, and Santa Who Wins? A Family Feud Over Blockchain on Thanksgiving: Bitcoin or Altcoin? 😀
What is Bounce Bit? Bounce Bit is a blockchain solution specifically designed for the Bitcoin ecosystem. It is based on Binance Bitcoin (BTCB) and supported by a mechanism called $AUCTION. In this way, it aims to offer new and innovative financial products while benefiting from the security and liquidity of the Bitcoin network.
Key Features of Bounce Bit:
* Based on BTCB: Bounce Bit is based on Binance Bitcoin (BTCB). In this way, it benefits from the security and liquidity of the Bitcoin network.
* $AUCTION Mechanism: The project uses a governance token called $AUCTION. This token gives users voting rights in decision-making processes on the platform.
* New Financial Products: Bounce Bit aims to offer new and innovative products in the DeFi (Decentralized Finance) field in addition to traditional financial products. For example, it can offer services such as lending, borrowing and asset management. * Open Source: Since Bounce Bit is an open source project, it can be reviewed and developed by anyone.
Advantages of Bounce Bit:
* Security of the Bitcoin Network: It benefits from the security and liquidity of the Bitcoin network.
* New Financial Products: In addition to traditional financial products, it offers new and innovative products in the DeFi space.
* Transparency: It provides transparency because it is an open source project.
* Community Participation: Thanks to the $AUCTION token, users can have a say in the management of the platform.
Usage Areas of Bounce Bit:
* DeFi: It can be used to develop decentralized finance applications.
* Asset Management: It can provide solutions for the management of crypto assets.
* Lending and Borrowing: Crypto assets can be borrowed or lent by providing collateral.
Ethereum (ETH) Price Predictions: Looking Ahead Ethereum (ETH) is considered one of the most important altcoins in the cryptocurrency market, and its price predictions are closely followed by investors. Many factors can affect the ETH price: network upgrades, new projects, general market trends, and regulatory developments.
While experts and analysts predict that Ethereum will gain value in the long term, short-term price movements can be quite volatile. When making investment decisions, it is important to pay attention not only to price predictions, but also to factors such as Ethereum's underlying technology, future use cases, and market risks.
The main factors that affect Ethereum price predictions are:
* Network Upgrades: Large-scale upgrades such as Ethereum 2.0 can increase value by improving the performance of the network. * New Projects: New projects and dApps built on Ethereum can increase demand by increasing the usage of the network. * General Market Trends: Price movements of leading cryptocurrencies such as Bitcoin can also affect Ethereum. * Regulatory Framework: Changes in cryptocurrency regulations could shape the future of Ethereum.
* New Projects and Technologies: Innovations in blockchain technology can lead to the emergence of new altcoins and attract investor interest. * Major Investor Interest: Investments by large institutions or famous people in certain altcoins can cause a rapid increase in the price of that altcoin. * Market Sentiment: Optimism in the general cryptocurrency market can also lead to altcoins gaining value. * Regulatory Changes: Uncertainties or positive developments in cryptocurrency regulations can affect altcoin prices. Things to Consider When Investing in Altcoin Momentum: * High Risk: Altcoin investments are quite risky and there is a possibility of losing all the money invested. * Research: It is important to do detailed research on the altcoin project, team, technology and market value before investing. * Diversification: In order not to put all your eggs in one basket, it is important to spread the risk by investing in different altcoins. * Long-Term Perspective: Instead of focusing on short-term price movements, it may be a better approach to prefer projects with long-term potential.
Is $BNB a Future Investment Tool? BNB, the native cryptocurrency of Binance, has gained significant traction in the cryptocurrency market. Its utility within the Binance ecosystem, including discounted trading fees and governance rights, has positioned it as a promising investment. However, the cryptocurrency market is highly volatile, and the future value of any digital asset is uncertain. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
#MarketBuyOrHold: A Deep Dive into AVAX Understanding #MarketBuyOrHold The #MarketBuyOrHold strategy, a popular investment approach, involves purchasing a specific asset at regular intervals, regardless of market conditions. This strategy, often referred to as dollar-cost averaging, can help mitigate the impact of market volatility. AVAX: A Promising Investment Avalanche (AVAX) has emerged as a significant player in the blockchain space, offering high scalability and speed. Its unique features and strong community support have attracted significant attention from investors.
Utilize your $WAVAX, $USDC, $sAVAX, and additional currencies at any location that accepts Visa.
Experience the convenience of both physical and virtual cards, round-the-clock dedicated support, and effortless transactions via widely used applications.
You can sign up for the waitlist and review the complete terms and conditions with the following link:
avalanchecard.com
it is not an advertisement!
Introducing the Avalanche Card!
You can use your $WAVAX, $USDC, $sAVAX, and other cryptocurrencies anywhere that accepts Visa.
Experience the convenience of physical and virtual cards, 24/7 dedicated support, and seamless transactions via popular applications.
You can sign up for the waitlist and see the full terms and conditions at:
Let's prepare the $BNB s. Megadrop staking process has been opened. I performed the procedure.
LIVE
Binance Announcement
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BounceBit (BB) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate!
IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds. This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to announce the first project on Binance Megadrop - BounceBit (BB), a BTC restaking chain. Users can start participating in the BounceBit Megadrop from 2024-04-26 00:00:00 (UTC). The BounceBit Megadrop page is estimated to be available on the Binance App in five hours. Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs. The Seed Tag will be applied to BB. Read about BounceBit (BB) in our research report. BounceBit Megadrop Period: 2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC)BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-04-26 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period.Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit” (Tutorial) 2024-05-13 06:00:00 (UTC)Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet. BounceBit Megadrop Details Token Name: BounceBit (BB)Max Token Supply: 2,100,000,000 BB Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)User Eligibility: KYC required in eligible jurisdictionsHard Cap per User: 1,344,000 BBRewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest BonusLocked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average 30-day BNB Locked Amount x 100) Web3 Quest Multiplier: 1.5Web3 Quest Bonus: 1,000 How to Get Started With Binance Megadrop*: Log into your Binance account.Subscribe to BNB Locked Products and/or complete all designated Web3 Quest(s) via Megadrop on the Binance App to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Web3 Wallet. Create your first Web3 Wallet now if you have not yet done so.After completing all the designated Web3 Quest(s), click on the [Verify] button at the Megadrop project page before the Quest Period ends to successfully obtain the Web3 Quest Bonus and Web3 Quest Multiplier.Receive Megadrop rewards based on your Total Score. * Notes: External wallets imported to Binance Web3 Wallet will not count. Only backed-up wallets that are created in Binance Web3 Wallet may participate in Megadrop events.About BNB Locked ProductsFor the calculations of Locked BNB Score, the "30 Days" multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score. Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.Users may receive both Megadrop and Launchpool rewards at the same time (where applicable). There is no need to redeem BNB Locked Products positions to participate in Launchpools. BNB Vault assets will not count toward the Megadrop score calculation. BounceBit (BB) Project Links: WebsiteWhitepaperXMedium Further Information: Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 QuestsWhat Is Binance MegadropWhat Is Binance Web3 Wallet and How Does It WorkHow to Back Up Your Binance Web3 WalletFrequently Asked Questions on Megadrop and BNB Locked Products Terms & Conditions: Only users who complete identity verification in eligible jurisdictions may participate in the BounceBit (BB) Megadrop. During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked Products subscription amounts will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate users’ Locked BNB Score. Locked BNB Score will be updated on a daily basis.Each sub-account will not be viewed as an independent account when participating in this Megadrop. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.Please note that some features of Megadrop may not be available in every country due to regional restrictions. This includes, but is not limited to, Web3 Wallet access or participation in Simple Earn. Therefore it is possible that only some features of the Megadrop platform may be available in users’ regions, and users may have partial access to the Megadrop platform. Currently, users residing in the following countries or regions will not be able to participate in Megadrops by subscribing to BNB Locked Products or completing Web3 Quests: For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2024-04-25 Note: This announcement was updated on 2024-04-26, and on 2024-04-25 to add further clarifications on the calculations of Locked BNB Score.