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br_ning

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br_ning

@Brytomotive

Crypto Enthusiast. Web3 Explorer. NFT Lover. Seek for the unknowns.

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Is It Possible to Turn $100 into $100,000 in a Year Through Crypto Investments? 🤭

Straight to the point, let’s look at the calculation below first.

The calculation for turning $100 into $100,000 in a year through cryptocurrency investments involves estimating the potential percentage gain required. Here’s the formula:

Percentage Gain = ((Final Value - Initial Value) / Initial Value) * 100%

In this case:

• Initial Value (IV) = $100
• Final Value (FV) = $100,000

Now, plug these values into the formula:

Percentage Gain = (($100,000 - $100) / $100) * 100%
Percentage Gain = ($99,900 / $100) * 100%
Percentage Gain = 99900%

So, you would need a whopping 99,900% return on your initial $100 investment to reach $100,000 in one year.

Now, what do you think? Is it still possible?

Leave a comment and tell me 👇🏻

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PINNED

🎉 Happy 6th Anniversary, Binance! 🥳

I am very happy to have finally received the 6th-anniversary merchandise sent to me by Binance. Binance’s luggage stands out for its attention to detail, excellent quality, and incredibly appealing appearance. 😍 It’s worth mentioning that the luggage also comes with a large yoga mat and a long-sleeved warm clothing inside. ❤️

I am not willing to use them and can only keep them as part of my collection. 😆

Once again, I wish Binance a happy 6th anniversary! ✨

#Binance
#BinanceTurns6

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July 8 Update:

9 #ETFs added 2,394 $BTC(+$135M).

#Fidelity added 2,077 $BTC(+$177M) and currently holds 170,764 $BTC($9.2B).
#Grayscale decreased 475 $BTC(-$26.8M) and currently holds 274,249 $BTC($15.46B).

#Binance
#crypto2024

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Cryptocurrency prices dropped sharply in Asia due to increased $BTC supply news and speculator selling, but stabilized around $54,000 for BTC and $2,950 for $ETH .

US jobs data revisions hint at potential rate cuts. A trade idea suggests buying ETH at a 9.6% discount for a September maturity, with a strike price of $2,680 and upper barrier at $3,550.

#Binance
#crypto2024

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Mt Gox begins repayment 🚨

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Sexyy Red launched the meme coin PRESI this morning. On-chain detective ZachXBT claims that the PRESI team purchased around 90% of the total supply during the presale. 😱

Additionally, an hour earlier, they launched another token and bought up 82% of its total supply.

What do you think of this move?

#Binance
#crypto2024

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🚨 A dormant address holding 33 $BTC (worth $2,142,474) has been activated after 13 years of inactivity!

#CryptoNews
#Binance

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USDT Supply on TON Blockchain Surpasses 500 Million After Two Months 😱

The supply of #USDT stablecoin on the TON blockchain has surpassed 500 million after just two months of rollout, according to a recent report.

This significant growth highlights TON’s recent surge in popularity, likely due to its integration with #Telegram , a messaging app with over 900 million users. Telegram users can play crypto mini-games on the TON blockchain to earn cryptocurrencies.

#Binance
#crypto2024

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CME Bitcoin Futures Surge 80% Due to Spot ETF Basis Trades 📈

#CME Bitcoin futures open interest surged 80%, driven by spot ETF basis trades, says K33 research. Since #BlackRock 's spot Bitcoin ETF filing on June 15, open interest rose from 9,000 to 16,000 contracts.

Analyst Vetle Lunde notes traders are buying Bitcoin in the spot market and selling futures contracts to profit from price differences, expecting spot #ETF approval to narrow these prices. This rise is due to structured trades, not speculation like in 2021.

#Binance
#crypto2024

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Trump Predicts Florida as Future Hub for Cryptocurrency Industry 😱

Former #President Donald Trump stated that much of the cryptocurrency industry's future will be developed in Florida, citing the state's favorable business environment with lower taxes and fewer regulations.

This positions #Florida as a potential hub for crypto innovation amidst growing interest in the sector. The article also discusses how state policies impact the overall growth of the cryptocurrency industry in the U.S.

#Binance
#crypto2024

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SEC Chairman Predicts $ETH Spot ETF Approval by End of Summer 🤩

SEC Chairman @GaryGensler has just informed Senator @BillHagertyTN that he anticipates $ETH Spot ETF S-1’s will likely receive approval by the end of the summer. 🌟

#Crypto
#Ethereum
#ETF

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BREAKING 🔥: On May 24, #Aptos set a new L1 industry record with 95.6 million daily #transactions , surpassing the previous record held by @SuiNetwork by over 50%! This surge in activity is driven by the Aptos tap-to-earn game, @taposcat 🐈.

#Binance
#crypto2024
#EarnFreeCrypto2024

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The expected one-year inflation rate in the United States for May is 3.5%, reaching a new high since November last year. 🚨

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#Gnosis , an Ethereum sidechain, is partnering with Zeal, a digital wallet company, to make everyday cryptocurrency transactions easier.

Gnosis is also investing $2 million in #Zeal , bringing their total funding to $9 million. This collaboration aims to simplify self-custody crypto transactions, making them more user-friendly for everyday use.

#Binance
#crypto2024

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Smart contracts are currently difficult to write due to complex #coding languages.

The future of smart #contracts could involve writing them in natural language like English. This would allow more people to write smart contracts, including lawyers and everyday users.

There are challenges to this approach, such as defining legal terms and ensuring the accuracy of AI-written contracts. However, there are also potential solutions, such as using multiple AI agents to write and verify contracts. This new way of writing smart contracts has the potential to bring billions of new users to #blockchain technology.

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Yesterday BlackRock (IBIT) Daily BTC Flows: +21.8m 💰

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#Sui recently clarified misleading information about their token supply. Locked tokens are safely held by third parties and cannot be moved until unlocked according to the public schedule.

The founders have no control over community reserve or other allocated tokens. Sui Foundation holds the largest portion of #locked tokens and will use them to support the ecosystem.

#Staking rewards are already circulating and 100% of those earned by Sui Foundation go back to the community. See the official token unlock schedule at https://sui.io/token-schedule for details.

#Binance
#crypto2024

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Forget Big Tech's stranglehold on AI!

KIP Protocol just joined forces with Aethir, the champion of decentralized GPU cloud power. This dream team is shaking things up by granting KIP's AI products access to Aethir's massive GPU muscle.

But that's not all! KIP becomes Aethir's go-to partner for deploying AI, bringing secure transactions and monetization tools to the party. Imagine - faster AI development, empowered creators, and groundbreaking innovation - all fueled by this powerful alliance.

Buckle up, because KIP and Aethir are paving the way for a revolutionary, distributed future for AI! Stay tuned - this is just the beginning!

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The successful voting of Fetch.ai and SingularityNET communities led to the approval of merging $FET , $AGIX, and $OCEAN into $ASI, forming the Artificial Superintelligence Alliance. An additional 1,477,549,566 $FET tokens have been minted to facilitate the ASI Token Exchange Mechanism. Conversion rates: $AGIX:$ASI 0.433350:1, $OCEAN:$ASI 0.433226:1, $FET :$ASI 1:1. Total $FET supply becomes 2,630,547,141. $FET will be renamed to $ASI in subsequent steps.

#Binance
#crypto2024

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The Genesis NFT TAROT of the MATR1X ecosystem's 3A-grade Roguelike RPG game Castile has all been minted, with the floor price of TAROT rising from 0.3E to 3E, a 1000% increase, currently ranking first on the BLUR hot list according to Blur data.