Binance users are already been familiar with the upcoming blasting entry of Binance Megadrop but letโs have a look at it from my perspective, right?
A token launch platform where airdrops and web3 quests are waiting for you at your doorsteps and you can claim them simply by subscribing BNB to Locked Products or by completing the tasks in your web3 wallet. By doing so, youโll be eligible for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange. This is as easy and twice as beneficial for you guys!
HOW TO GET ACCESS TO BINANCE MEGADROP
Note: Megadrop on the Binance App is coming soon
1- Youโll Log into your Binance account. 2- You can earn scores by subscribing to BNB Locked Products or completing Web3 Quests. To complete Web3 Quests, you need to have an active Binance Web3 Wallet.
3- Sign up for a Binance account and create your first Web3 Wallet now, if you haven't done so already.
4- To get scores, it is necessary to subscribe to BNB Locked Products on Simple Earn.
5- Complete all designated Web3 quests in Megadrop on Binance to earn a score and get a score multiplier
Youโll receive Megadrop rewards based on your Total Score.
MEGADROP EXTENDING HANDS TO BOTH BNB & NON-BNB HOLDERS
For BNB holders, Binance Megadrop offers you dual benefits allowing participants to enjoy the advantages of Launchpool as well as engaging with Megadrop activities. In this way, they get an excellent way to secure new token rewards as a token of appreciation for their long-standing support. Extending hands towards NON-BNB holders, Binance Megadrop provides opportunities to those who couldn't participate in Launchpool due to not holding BNB. Engage with tasks in the Binance Web3 Wallet to earn new currency rewards, bridging the gap between simple token holding and active participation.
MEET BounceBit (BB) โ the first project on Megadrop
BounceBit represents the pioneering native BTC Restaking chain that is set to take the market by storm. The network is fortified by the joint staking of Bitcoin and BounceBit tokens, making it one of the most secure platforms out there. BounceBit's PoS mechanism is characterized by its unmatched dual-token staking system, which ingeniously combines native BTC security with full EVM compatibility to deliver an unbeatable user experience - a huge project that has great potential! The BB token serves multiple purposes on the BounceBit platform. โข Firstly, it can be staked to actively participate in the Proof-of-Stake (PoS) dual-token staking mechanism. โข Secondly, validators who secure the network are rewarded with the BB token as an incentive. โข Lastly, BB is the currency used to pay for gas fees required to conduct transactions and execute smart contracts. With the total maximum supply of 2,100,000,000 BB, 8% of the total maximum supply is set for Megadrop token rewards i.e., 168,000,000 BB
GET READY FOR A MIND-BLOWING JOURNEY WITH BINANCE MEGADROP
๐๐๐ฒ๐ป๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐๐ Bitcoin's upcoming halving, expected around block number 840,000, will cut the rate of new Bitcoin creation in half, from 900 to 450 per day.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ Analysts at JPMorgan suggest that the market may have already priced in the halving, potentially leading to a post-event price downturn instead of a rally.
๐๐ฎ๐ฐ๐๐ผ๐ฟ๐ ๐๐ผ๐ป๐๐ถ๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ Overbought conditions in Bitcoin futures, current price levels compared to projections, and subdued venture capital funding contribute to this perspective.
๐ ๐ถ๐ป๐ฒ๐ฟ ๐๐บ๐ฝ๐ฎ๐ฐ๐ Attention is also on Bitcoin miners, with expectations of consolidation and adjustments as profitability dynamics shift.
๐๐ผ๐บ๐บ๐๐ป๐ถ๐๐ ๐๐ป๐๐ถ๐ฐ๐ถ๐ฝ๐ฎ๐๐ถ๐ผ๐ป Despite differing opinions, the crypto community eagerly awaits the event's implications for Bitcoin's scarcity and future price trajectory.
Presenting to you the fusion of Binance Simple Earn & Binance Web3 Wallet, i.e., Binance Megadrop.
BINANCE MEGADROP
A Token Launch Platform with Airdrops and Web3 Quests. While reinventing the airdrop experience for you, Binance has found the best way to give you access to select amazing Web3 projects before they are listed on Binance via Binance Megadrop.
THE QUESTION IS, HOW?
You can unlock the power of early access rewards from selected Web3 projects before their tokens are listed on Binance. By subscribing BNB to Locked Products or completing tasks in your Web3 Wallet, you can be at the forefront of the next big thing in the world of blockchain.
THE EXCEPTIONAL BLEND OF ENGAGEMENT
Megadrop's exceptional blend of engagement, education, and rewards makes it a truly unparalleled interactive experience, not just within Binance but across the entire crypto ecosystem.
Are you ready to grab lots of rewards, and airdrops and earn coins? Let's dive in!
HOW TO GET ACCESS TO BINANCE MEGADROP?
1- Login to your Binance account and head straight to More & then to Megadrop.
2- Upon accessing the designated page, you will see a comprehensive list of the chosen Web3 projects. To view further details, simply tap on the project of your interest.
3- Complete quests under the โQuestโ tab to earn points and rewards. You'll see the participation period, reward distribution, and coin listing time.
EARN POINTS ON BINANCE MEGADROP
Are you ready for an extraordinary journey to earn massive points just by using your Binance App? You can earn points on Binance Megadrop by subscribing your BNB to Simple Earnโs BNB Locked Products or connecting your Web3 Wallet to a project.
1- LOCK BNB
To earn points from Binance Megadrop, you need to lock up a certain amount of Binance Coin (BNB). Once you lock your BNB for a certain period, youโll start getting points on Binance Megadrop.
The amount of BNB you subscribe with and the length of your subscription period determine your subscription score. The subscription period options are displayed in the "Lock BNB" section, and the longer your subscription period, the higher your score will be.
2- COMPLETE WEB3 QUESTS
To participate in Web3 quests to need to create a Binance Web3 Wallet. For this, head towards โMOREโ on Binance & youโll see โWeb3 Walletโ there.
Here You Go! Back up your wallet and secure it with a passcode.
โข You can earn points by completing the quests under โComplete Web3 Questsโ โข To participate in the quest, tap on โEarn Pointsโ
โข After reading the quest description and watching the tutorial, tap on โStart nowโ
โข Follow all the instructions to complete the quest and then tap on โVERIFYโ so that the system will verify that you have completed the quest by following the instructions.
โข After that, you will see a โCompletedโ tag on your quest details page
โข Your score will also be automatically calculated under โReward Infoโ.
YOUR TOTAL SCORE Your total score is a crucial factor in determining the rewards you can earn through locked BNB and Web3 quest completion. It is calculated based on the amount and duration of your locked BNB and quest completion. Remember that this score is subject to change depending on your daily locked BNB holdings and Web3 quest completion status. Note that this score is not final and can fluctuate.
Itโs that easy, stay tuned for the upcoming mind-blowing features of Binance Megadrop!
The Bitcoin halving, a topic of fervent debate among crypto aficionados, sparks discussions on its potential market impact, mining profitability, and long-term adoption trends.
On the horizon: the Bitcoin halving, an event deeply ingrained in the psyche of Bitcoin enthusiasts, as the issuance of new bitcoins will halve, impacting the cryptocurrency's supply dynamics.
Altcoins have shown some signs of recovery, while the Bitcoin Dominance has tested a resistance level.
This area is currently acting as a support level. We need to wait and see if the Dominance can break below the 55% level, otherwise, we may see another dip in altcoins.
It is advised to set a tight stop loss and keep an eye on the Bitcoin Dominance.
Get ready, folks! The anticipation is reaching its peak!
We've conquered farming, and now, it's our chance to stand out as the countdown to the OMNI listing begins.
After delving into the nitty-gritty, I'm confident that $OMNI is poised for some incredible strides. Buckle up for what could be a price range between $1.25 and $3.0! ๐
BTC is trading above $65,000, while ether has surged back above $3,100, indicating a calmer market after recent geopolitical tensions.
The dip below $62,000 over the weekend was attributed to market jitters amid geopolitical uncertainties, which have since subsided.
Traders are now focusing on the potential approval of BTC ETFs in Hong Kong, which could unleash significant demand, estimated to be up to $25 billion.
The market was already under pressure due to U.S. tax season and anticipation of the halving, exacerbating the recent volatility. The launch of ETFs this week could provide easier access to digital assets for traders in China, potentially influencing market dynamics.
Research suggests that $OMNI Token's low supply, along with significant acquisition through staking FDUSD and $BNB, could drive its price considerably higher.
Speculations hint at an opening price range of $0.5 to $1, with a potential 24-hour all-time high around $50.
Timing trades strategically could yield 2-3 times returns, but remember, this is speculative. Conduct thorough research before investing in crypto.
Bitcoin has climbed 2.8% in the last 24 hours, surpassing $66,500, while Ethereum reaches $3,240.
Several Hong Kong applicants, including China Asset Management and Bosera Capital, claim approval for spot crypto ETFs, though the SFC has not issued an official statement.
Despite this, industry insiders anticipate institutional demand to rise during Asia trading hours once the ETFs are approved, offering a bullish short-term outlook amidst broader market narratives and macro events.
As Bitcoin and Ethereum prices bounce back, Hong Kong embraces the trend with approvals for spot cryptocurrency ETFs, reinforcing its status as a crypto hub.
The move comes ahead of the Bitcoin halving event, boosting market optimism. Despite setbacks like the JPEX fraud, Hong Kong remains competitive against Singapore and Dubai in attracting crypto ventures.
The news sparks a market recovery, with Bitcoin rising 3.1% and Ethereum nearly 6% in the past 24 hours. Solana also sees a 7.4% surge, possibly fueled by network updates
The Omni Network ($OMNI )! Experience the thrill of staking your BNB and BUSD tokens to earn OMNI, as Launchpool cultivates growth and innovation.
The Omni Network's integration of Ethereum's rollup technology promises unparalleled scalability, enhanced security, and a seamless user experience, setting the stage for a transformative journey in blockchain development.
Join us in embracing this dynamic initiative, and let's embark together on a journey of exploration and discovery.