Binance Square
LIVE
Cathleen Elman CRGn
@Square-Creator-27b78cb312ef
Following
Followers
Liked
Shared
All Content
LIVE
--
Bullish
See original
#raydium Raydium is an automated market maker (AMM) protocol and decentralized exchange (DEX) built on the Solana blockchain. Its main advantage is the speed and low cost of transactions due to the use of the Solana network, which is known for being extremely fast and efficient. Raydium offers several key functionalities, such as: 1. Liquidity provision: It allows users to provide liquidity to pools and earn fees on transactions. 2. Token swapping: Through its DEX, users can quickly swap tokens without the need for centralized intermediaries. 3. Serum integration: Raydium is integrated with the Serum order book, allowing it to access greater liquidity than other AMMs. 4. Farming: Users can do “yield farming”, i.e. deposit tokens into Raydium pools and earn rewards in the form of additional tokens. Raydium's native token, #RAY, is used for various functions within the platform, including governance and staking, where users can earn additional rewards. Raydium has become popular due to its ability to make transactions fast and cheap, as well as its integration with the Solana and Serum ecosystem, which expands its reach and liquidity. {spot}(RAYUSDT)
#raydium

Raydium is an automated market maker (AMM) protocol and decentralized exchange (DEX) built on the Solana blockchain.

Its main advantage is the speed and low cost of transactions due to the use of the Solana network, which is known for being extremely fast and efficient. Raydium offers several key functionalities, such as:

1. Liquidity provision: It allows users to provide liquidity to pools and earn fees on transactions.

2. Token swapping: Through its DEX, users can quickly swap tokens without the need for centralized intermediaries.

3. Serum integration: Raydium is integrated with the Serum order book, allowing it to access greater liquidity than other AMMs.

4. Farming: Users can do “yield farming”, i.e. deposit tokens into Raydium pools and earn rewards in the form of additional tokens.

Raydium's native token, #RAY, is used for various functions within the platform, including governance and staking, where users can earn additional rewards. Raydium has become popular due to its ability to make transactions fast and cheap, as well as its integration with the Solana and Serum ecosystem, which expands its reach and liquidity.
First Neiro on Ethereum $NEIRO (NEIRO) is a community-driven cryptocurrency that launched on the Ethereum blockchain. It draws inspiration from Dogecoin, specifically through its connection to Kabosu, the famous Shiba Inu behind Dogecoin. After Kabosu passed away in 2024, Neiro—a dog adopted by the same owner—became the symbol of this new meme coin. This emotional connection to the Dogecoin story has attracted a lot of attention from the crypto community. The NEIRO project initially faced challenges when the original developer abandoned it, but the community stepped in, taking full control. This decentralized approach has been a defining feature of Neiro on Ethereum (often called Neiro ETH), distinguishing it from other versions like "Cabal Neiro," which is more centralized and controlled by a small group. Neiro gained notable recognition when Ethereum co-founder Vitalik Buterin interacted with the project, boosting its credibility. Since then, Neiro has continued to grow, supported by a strong and engaged community. Despite its roots as a meme coin, it stands out for its decentralized structure and community-driven ethos. Here’s additional information about Neiro (NEIRO) on Ethereum: 1. Origins: Neiro ETH is a meme-inspired cryptocurrency with deep ties to Dogecoin's legacy. Following the passing of Kabosu, the famous Dogecoin Shiba Inu, Neiro—a dog adopted by the same owner—became the new face of the project. This emotional and nostalgic link drew in many early supporters. 2. Community-Driven Development: After the initial developer abandoned the project, the Neiro community took over. This transition marked a key turning point, as the project became fully decentralized, with decisions made collectively by the user base. The community-driven nature distinguishes it from other meme coins, fostering trust among investors. 3. Decentralized vs. Centralized Versions: Neiro has multiple variants, the most prominent being Neiro ETH (decentralized) and Cabal Neiro (centralized). Neiro ETH focuses on decentralization and fairness in token distribution, while Cabal Neiro is controlled by a smaller group, leading to centralization concerns. This difference appeals to different types of investors, with Neiro ETH seen as a safer long-term investment due to its decentralized approach. 4. Recognition and Popularity: Vitalik Buterin’s interaction with Neiro ETH significantly increased its visibility, helping it grow within the Ethereum ecosystem. Conclusion:If you believe in the power of community-driven projects and are comfortable with the risk associated with meme coins, Neiro could offer upside. However, due to its speculative nature, you should only invest what you're prepared to lose and diversify your investments It’s always wise to stay informed, follow project updates, and analyze the market trends before making any decisions. #Dogecoin‬⁩ #NeiroOnEthereum

First Neiro on Ethereum

$NEIRO (NEIRO) is a community-driven cryptocurrency that launched on the Ethereum blockchain. It draws inspiration from Dogecoin, specifically through its connection to Kabosu, the famous Shiba Inu behind Dogecoin. After Kabosu passed away in 2024, Neiro—a dog adopted by the same owner—became the symbol of this new meme coin. This emotional connection to the Dogecoin story has attracted a lot of attention from the crypto community.

The NEIRO project initially faced challenges when the original developer abandoned it, but the community stepped in, taking full control. This decentralized approach has been a defining feature of Neiro on Ethereum (often called Neiro ETH), distinguishing it from other versions like "Cabal Neiro," which is more centralized and controlled by a small group.

Neiro gained notable recognition when Ethereum co-founder Vitalik Buterin interacted with the project, boosting its credibility. Since then, Neiro has continued to grow, supported by a strong and engaged community. Despite its roots as a meme coin, it stands out for its decentralized structure and community-driven ethos.

Here’s additional information about Neiro (NEIRO) on Ethereum:

1. Origins: Neiro ETH is a meme-inspired cryptocurrency with deep ties to Dogecoin's legacy. Following the passing of Kabosu, the famous Dogecoin Shiba Inu, Neiro—a dog adopted by the same owner—became the new face of the project. This emotional and nostalgic link drew in many early supporters.

2. Community-Driven Development: After the initial developer abandoned the project, the Neiro community took over. This transition marked a key turning point, as the project became fully decentralized, with decisions made collectively by the user base. The community-driven nature distinguishes it from other meme coins, fostering trust among investors.

3. Decentralized vs. Centralized Versions: Neiro has multiple variants, the most prominent being Neiro ETH (decentralized) and Cabal Neiro (centralized). Neiro ETH focuses on decentralization and fairness in token distribution, while Cabal Neiro is controlled by a smaller group, leading to centralization concerns. This difference appeals to different types of investors, with Neiro ETH seen as a safer long-term investment due to its decentralized approach.

4. Recognition and Popularity: Vitalik Buterin’s interaction with Neiro ETH significantly increased its visibility, helping it grow within the Ethereum ecosystem.

Conclusion:If you believe in the power of community-driven projects and are comfortable with the risk associated with meme coins, Neiro could offer upside. However, due to its speculative nature, you should only invest what you're prepared to lose and diversify your investments It’s always wise to stay informed, follow project updates, and analyze the market trends before making any decisions.

#Dogecoin‬⁩ #NeiroOnEthereum
See original
What is Baby Doge Coin?Baby Doge Coin (BabyDoge) is a Dogecoin-inspired cryptocurrency project designed to appeal to the meme community, with a focus on charity and promoting pet adoption. Launched in June 2021, BabyDoge has gained popularity, primarily due to its active community and focus on donations to animal charities. Key Features of Baby Doge Coin: 1. Binance Smart Chain (BSC) based token: - BabyDoge uses the Binance Smart Chain network, allowing it to offer fast transactions and low fees compared to cryptocurrencies like Ethereum.

What is Baby Doge Coin?

Baby Doge Coin (BabyDoge) is a Dogecoin-inspired cryptocurrency project designed to appeal to the meme community, with a focus on charity and promoting pet adoption. Launched in June 2021, BabyDoge has gained popularity, primarily due to its active community and focus on donations to animal charities.
Key Features of Baby Doge Coin:

1. Binance Smart Chain (BSC) based token:
- BabyDoge uses the Binance Smart Chain network, allowing it to offer fast transactions and low fees compared to cryptocurrencies like Ethereum.
See original
#XRP. XRP is approaching the key $0.60 level as Ripple prepares to launch its Ripple USD (RUSD) stablecoin, despite the SEC's strict stance on cryptocurrency regulation. Additionally, the Grayscale XRP Trust has seen a rise in its Net Asset Value (NAV) to $11.49, indicating growing institutional demand. XRP has gained 2.3% this week, driven by factors such as the stablecoin launch and the rise in the Grayscale Trust's NAV. On a technical level, if XRP holds the $0.5500 support, it could see an increase of up to 6%. XRP is primarily used to facilitate fast and cheap transactions in cross-border payments. Although XRP is a decentralized cryptocurrency in terms of its structure (since it runs on a public ledger called the XRP Ledger), Ripple, the company, has a significant influence over the XRP ecosystem. This is because Ripple owns a large amount of XRP and is a major proponent of its adoption. This has led to some criticism that XRP $XRP {spot}(XRPUSDT)
#XRP.

XRP is approaching the key $0.60 level as Ripple prepares to launch its Ripple USD (RUSD) stablecoin, despite the SEC's strict stance on cryptocurrency regulation. Additionally, the Grayscale XRP Trust has seen a rise in its Net Asset Value (NAV) to $11.49, indicating growing institutional demand.

XRP has gained 2.3% this week, driven by factors such as the stablecoin launch and the rise in the Grayscale Trust's NAV. On a technical level, if XRP holds the $0.5500 support, it could see an increase of up to 6%.

XRP is primarily used to facilitate fast and cheap transactions in cross-border payments.

Although XRP is a decentralized cryptocurrency in terms of its structure (since it runs on a public ledger called the XRP Ledger), Ripple, the company, has a significant influence over the XRP ecosystem. This is because Ripple owns a large amount of XRP and is a major proponent of its adoption. This has led to some criticism that XRP

$XRP
See original
How did you contribute to bitcoin? 1. You can earn bitcoins by accepting them as payment for goods and services or by buying them from a friend or someone close to you. You can also buy them directly from an exchange like #Binance with a bank account. 2. There are a growing number of services and merchants accepting Bitcoin around the world. You can use Bitcoin to pay them and rate their expertise to help honest businesses gain more visibility. 3. Merchants usually make the receipts and display prices in their local currency. In cases where this is not the case, you should know that Bitcoin works similarly to a foreign currency. To get proper guidance on taxes in your territory, you should contact a certified accountant. 4. More and more users are looking for ways to spend their bitcoins. As a merchant, you can list your business in online directories so that consumers can easily locate your business. You can also display the Bitcoin logo on your website or on the door of your business. {spot}(BTCUSDT) $BTC #BTC🔥🔥🔥🔥🔥
How did you contribute to bitcoin?

1. You can earn bitcoins by accepting them as payment for goods and services or by buying them from a friend or someone close to you. You can also buy them directly from an exchange like #Binance with a bank account.

2. There are a growing number of services and merchants accepting Bitcoin around the world. You can use Bitcoin to pay them and rate their expertise to help honest businesses gain more visibility.

3. Merchants usually make the receipts and display prices in their local currency. In cases where this is not the case, you should know that Bitcoin works similarly to a foreign currency. To get proper guidance on taxes in your territory, you should contact a certified accountant.

4. More and more users are looking for ways to spend their bitcoins. As a merchant, you can list your business in online directories so that consumers can easily locate your business. You can also display the Bitcoin logo on your website or on the door of your business.
$BTC #BTC🔥🔥🔥🔥🔥
See original
Make sure you have at least 1 Bitcoin before it hits $300K. The cryptocurrency market, led by Bitcoin, has seen a strong rally due to the US Federal Reserve's decision to cut interest rates to stimulate the economy. This move has generated increased interest in riskier assets, such as cryptocurrencies, as investors look for investment alternatives with higher returns in a context of lower rates. Bitcoin, in particular, surpassed $62,000. Analysts claim that Bitcoin is seen as a hedge against inflation and volatility in the traditional market. In addition, other risky assets also benefit from this more flexible policy. Remember that this is not investment advice and it is not advisable to invest money that you are not willing to lose. #BTC🔥🔥🔥🔥🔥 $BTC {spot}(BTCUSDT)
Make sure you have at least 1 Bitcoin before it hits $300K.

The cryptocurrency market, led by Bitcoin, has seen a strong rally due to the US Federal Reserve's decision to cut interest rates to stimulate the economy. This move has generated increased interest in riskier assets, such as cryptocurrencies, as investors look for investment alternatives with higher returns in a context of lower rates. Bitcoin, in particular, surpassed $62,000. Analysts claim that Bitcoin is seen as a hedge against inflation and volatility in the traditional market. In addition, other risky assets also benefit from this more flexible policy.

Remember that this is not investment advice and it is not advisable to invest money that you are not willing to lose.

#BTC🔥🔥🔥🔥🔥 $BTC
See original
What is inflation Inflation is the widespread and sustained increase in the prices of goods and services in an economy over a period of time. When inflation occurs, the purchasing power of money decreases, meaning that fewer goods and services can be bought with the same amount of money than before. Governments and central banks try to keep inflation under control through fiscal and monetary policies. Moderate inflation is considered healthy in a growing economy, but when inflation is too high or too low, it can cause major economic problems. {spot}(USDPUSDT) {spot}(FDUSDUSDT)
What is inflation

Inflation is the widespread and sustained increase in the prices of goods and services in an economy over a period of time. When inflation occurs, the purchasing power of money decreases, meaning that fewer goods and services can be bought with the same amount of money than before.

Governments and central banks try to keep inflation under control through fiscal and monetary policies. Moderate inflation is considered healthy in a growing economy, but when inflation is too high or too low, it can cause major economic problems.
See original
Cardano Ada Investing in ADA (Cardano) for the long term can have several advantages, given its focus on blockchain technology, scalability, and sustainability. ADA can be an attractive option for diversifying an investment portfolio, especially for those seeking exposure to cryptocurrency projects with more formal technological and governance foundations. Like all cryptocurrency investments, investing in ADA for the long term also comes with risks, such as market volatility and regulatory uncertainty. It is important to conduct thorough research and consider risk tolerance before investing. $ADA {spot}(ADAUSDT)
Cardano Ada

Investing in ADA (Cardano) for the long term can have several advantages, given its focus on blockchain technology, scalability, and sustainability.

ADA can be an attractive option for diversifying an investment portfolio, especially for those seeking exposure to cryptocurrency projects with more formal technological and governance foundations.

Like all cryptocurrency investments, investing in ADA for the long term also comes with risks, such as market volatility and regulatory uncertainty. It is important to conduct thorough research and consider risk tolerance before investing.

$ADA
See original
#BTC The Bitcoin halving is an event that occurs approximately every four years, in which the block reward is reduced by half. This mechanism is part of the Bitcoin protocol and is designed to control the issuance of new bitcoins and maintain the scarcity of the cryptocurrency. The next halving is scheduled to occur on April 17, 2024. The Bitcoin halving is not a guarantee that the price of Bitcoin will rise, but it has historically been associated with increases in the price of Bitcoin due to the reduction in the rate of issuance of new coins and increased scarcity. However, the price of Bitcoin can also be influenced by other factors, such as adoption, innovation, regulation, competition, and trust in the cryptocurrency. In short, the Bitcoin halving is an event that reduces the block reward by half, but it is not a guarantee that the price of Bitcoin will rise. The halving is part of the Bitcoin protocol and is designed to control the issuance of new bitcoins and maintain the scarcity of the cryptocurrency. #Write2Earn‬ #BitcoinBullRally2024
#BTC

The Bitcoin halving is an event that occurs approximately every four years, in which the block reward is reduced by half. This mechanism is part of the Bitcoin protocol and is designed to control the issuance of new bitcoins and maintain the scarcity of the cryptocurrency. The next halving is scheduled to occur on April 17, 2024.

The Bitcoin halving is not a guarantee that the price of Bitcoin will rise, but it has historically been associated with increases in the price of Bitcoin due to the reduction in the rate of issuance of new coins and increased scarcity.

However, the price of Bitcoin can also be influenced by other factors, such as adoption, innovation, regulation, competition, and trust in the cryptocurrency.

In short, the Bitcoin halving is an event that reduces the block reward by half, but it is not a guarantee that the price of Bitcoin will rise. The halving is part of the Bitcoin protocol and is designed to control the issuance of new bitcoins and maintain the scarcity of the cryptocurrency.

#Write2Earn‬
#BitcoinBullRally2024
See original
#XRP. The legal issue of XRP, the Ripple platform token, has seen significant development recently due to a lawsuit against the United States Securities and Exchange Commission (SEC). Judge Analisa Torres, of the Southern District of New York, has ruled that XRP is not a “security” as defined by the US Securities Act. This judgment has been a turning point in the regulation of cryptocurrencies, since XRP is one of the first cases to reach the Supreme Court on this issue Ripple's lawsuit against the SEC is not over, and this ruling is only a partial victory for Ripple, as the decision is based on the fact that XRP was not a "security" when it was sold between anonymous buyers and sellers on secondary markets, such as the exchanges However, when Ripple sold XRP to institutional investors, against crypto exchanges like Coinbase and Binance The price of XRP has seen a slight increase in response to this partial victory, but the legal status of #Write2Earn. #XRP.
#XRP.

The legal issue of XRP, the Ripple platform token, has seen significant development recently due to a lawsuit against the United States Securities and Exchange Commission (SEC). Judge Analisa Torres, of the Southern District of New York, has ruled that XRP is not a “security” as defined by the US Securities Act. This judgment has been a turning point in the regulation of cryptocurrencies, since XRP is one of the first cases to reach the Supreme Court on this issue

Ripple's lawsuit against the SEC is not over, and this ruling is only a partial victory for Ripple, as the decision is based on the fact that XRP was not a "security" when it was sold between anonymous buyers and sellers on secondary markets, such as the exchanges

However, when Ripple sold XRP to institutional investors, against crypto exchanges like Coinbase and Binance

The price of XRP has seen a slight increase in response to this partial victory, but the legal status of

#Write2Earn.
#XRP.
See original
#BTC!💰 The price of Bitcoin is rising due to several factors, including the expectation of approval of a Bitcoin ETF, increasing demand, decreasing supply due to the upcoming Bitcoin halving, and global financial events. The possibility of approval of a Bitcoin ETF by the SEC has generated optimism in the market The price of Bitcoin is determined by supply and demand, and factors such as global financial events, popular culture, and the expectation of approval of new financial products can influence its price. Furthermore, it has been speculated that the cryptocurrency could reach $100,000 per unit in 2024. 🚀 The price of Bitcoin is volatile due to its high trading volume and relative smallness compared to other global markets. In summary, the rise in Bitcoin price is due to a combination of factors, including supply and demand, global financial events, and the expectation of approval of new financial products such as ETFs. #Write2Earn #BullRun2024
#BTC!💰

The price of Bitcoin is rising due to several factors, including the expectation of approval of a Bitcoin ETF, increasing demand, decreasing supply due to the upcoming Bitcoin halving, and global financial events. The possibility of approval of a Bitcoin ETF by the SEC has generated optimism in the market

The price of Bitcoin is determined by supply and demand, and factors such as global financial events, popular culture, and the expectation of approval of new financial products can influence its price.

Furthermore, it has been speculated that the cryptocurrency could reach $100,000 per unit in 2024. 🚀

The price of Bitcoin is volatile due to its high trading volume and relative smallness compared to other global markets.

In summary, the rise in Bitcoin price is due to a combination of factors, including supply and demand, global financial events, and the expectation of approval of new financial products such as ETFs.

#Write2Earn
#BullRun2024
See original
$SOL Solana is an open source blockchain project that aims to improve transaction processing speed and reduce costs. Its native cryptocurrency is SOL and it uses the PoS consensus protocol combined with PoH. Solana has suffered some network outages and security issues in the past. However, it has received a lot of praise for its speed and performance and has become the preferred blockchain for the development of DApps and DeFi projects. Regarding its investment potential, there are different opinions and predictions, but its solid scalability and transaction economics make it an interesting option for many investors. Industry experts and analysts foresee an increase in the price of Solana (SOL) in the coming years. VanEck, for example, has projected a SOL price increase of 10,600% through 2030, which would suggest a price of approximately $3,211.28 Other forecasts include an increase in SOL price to $322.44 in the next two years and to $240.37 in December 2024. These forecasts should be taken with caution, since the price of cryptocurrencies is highly volatile and can be influenced by technical, fundamental and market factors. #white2Earn #Solana📈🚀🌐 #sol
$SOL

Solana is an open source blockchain project that aims to improve transaction processing speed and reduce costs. Its native cryptocurrency is SOL and it uses the PoS consensus protocol combined with PoH. Solana has suffered some network outages and security issues in the past. However, it has received a lot of praise for its speed and performance and has become the preferred blockchain for the development of DApps and DeFi projects. Regarding its investment potential, there are different opinions and predictions, but its solid scalability and transaction economics make it an interesting option for many investors.

Industry experts and analysts foresee an increase in the price of Solana (SOL) in the coming years. VanEck, for example, has projected a SOL price increase of 10,600% through 2030, which would suggest a price of approximately $3,211.28
Other forecasts include an increase in SOL price to $322.44 in the next two years and to $240.37 in December 2024.

These forecasts should be taken with caution, since the price of cryptocurrencies is highly volatile and can be influenced by technical, fundamental and market factors.

#white2Earn
#Solana📈🚀🌐
#sol
See original
$ADA Cardano, known by its symbol ADA, is a third-generation blockchain network designed to solve scalability and security problems in networks such as Bitcoin and Ethereum. ADA is Cardano's native token and is used to pay fees, commissions, and make transfers within the network. Additionally, ADA can be used as a form of payment and to participate in network governance, as ADA holders have a say in decision-making regarding the development of Cardano. Cardano uses a proof-of-stake (PoS)-based consensus protocol and does not require miners to validate transactions, making it more efficient and ecologically friendly than proof-of-work (PoW)-based networks. The platform is open source and offers great scalability and security thanks to the way it is built Cardano also allows the creation of smart contracts and decentralized applications (dApps), and its development is based on an academic and scientific philosophy. ADA was named after Ada Lovelace, a programming pioneer The price of ADA varies constantly and is subject to the volatility of the cryptocurrency market ADA is one of the cryptocurrencies with the highest market capitalization Cardano (ADA) price is expected to rise in the bull market. According to a bullish prediction, stakeholders believe that the price of Cardano (ADA) could reach $12. Furthermore, a rapid change in market sentiment is expected to boost the price of ADA. The community and analysts maintain a positive view of Cardano, and some investors are optimistic that ADA could repeat its impressive rally during the last bull market, going from as low as 0.03 to as high as 3.10. It is important to note that these predictions are speculative and subject to a variety of factors that may influence the price of Cardano in the future. #white2Earn #ADA
$ADA

Cardano, known by its symbol ADA, is a third-generation blockchain network designed to solve scalability and security problems in networks such as Bitcoin and Ethereum. ADA is Cardano's native token and is used to pay fees, commissions, and make transfers within the network. Additionally, ADA can be used as a form of payment and to participate in network governance, as ADA holders have a say in decision-making regarding the development of Cardano.

Cardano uses a proof-of-stake (PoS)-based consensus protocol and does not require miners to validate transactions, making it more efficient and ecologically friendly than proof-of-work (PoW)-based networks.

The platform is open source and offers great scalability and security thanks to the way it is built

Cardano also allows the creation of smart contracts and decentralized applications (dApps), and its development is based on an academic and scientific philosophy.

ADA was named after Ada Lovelace, a programming pioneer

The price of ADA varies constantly and is subject to the volatility of the cryptocurrency market

ADA is one of the cryptocurrencies with the highest market capitalization

Cardano (ADA) price is expected to rise in the bull market. According to a bullish prediction, stakeholders believe that the price of Cardano (ADA) could reach $12. Furthermore, a rapid change in market sentiment is expected to boost the price of ADA. The community and analysts maintain a positive view of Cardano, and some investors are optimistic that ADA could repeat its impressive rally during the last bull market, going from as low as 0.03 to as high as 3.10.

It is important to note that these predictions are speculative and subject to a variety of factors that may influence the price of Cardano in the future.

#white2Earn
#ADA
See original
The TrueUSD stablecoin (TUSD) lost its peg to the US dollar due to an increase in sell-offs of TUSD on the Binance exchange, leading to a depegging of its fixed price to $1 This event came amid a high flow of TUSD outflows on Binance, with over $447 million in sales in the last 24 hours compared to just $303 million in purchase orders. Additionally, it was mentioned that TUSD might have experienced insufficient collateral, as no real-time certifications of its reserves had recently been released. Another factor that contributed to the decoupling was the decision to stop minting through Prime Trust, which also affected the stability of TUSD The unexpected drop in the value of TUSD to $0.9951 challenged the stability characteristic of stablecoins These events have challenged the stability of TUSD and led to concerns in the crypto market. #Write2Earn #TUSD
The TrueUSD stablecoin (TUSD) lost its peg to the US dollar due to an increase in sell-offs of TUSD on the Binance exchange, leading to a depegging of its fixed price to $1

This event came amid a high flow of TUSD outflows on Binance, with over $447 million in sales in the last 24 hours compared to just $303 million in purchase orders.

Additionally, it was mentioned that TUSD might have experienced insufficient collateral, as no real-time certifications of its reserves had recently been released.

Another factor that contributed to the decoupling was the decision to stop minting through Prime Trust, which also affected the stability of TUSD

The unexpected drop in the value of TUSD to $0.9951 challenged the stability characteristic of stablecoins

These events have challenged the stability of TUSD and led to concerns in the crypto market.

#Write2Earn
#TUSD
LIVE
--
Bearish
See original
$XRP The Securities and Exchange Commission (SEC) accused Ripple of selling XRP as unregistered securities, which has raised uncertainty around its legal status and trading in the United States. Despite a ruling favorable to Ripple in July 2023, in which a judge determined that XRP was not considered a security, the SEC requested an interlocutory appeal, citing substantial legal issues. This legal dispute has created uncertainty around the classification of XRP as a security and has impacted its price in the cryptocurrency market. In recent days it has become evident that many creators indicate that XRP will do 100x but I want you to take into account the legal problems it currently has before investing. In summary, investing in XRP is a matter of risk and perspective, and investors should carefully consider their financial situation and objectives before investing in XRP. opinions? #Write2Earn #XRP
$XRP

The Securities and Exchange Commission (SEC) accused Ripple of selling XRP as unregistered securities, which has raised uncertainty around its legal status and trading in the United States.

Despite a ruling favorable to Ripple in July 2023, in which a judge determined that XRP was not considered a security, the SEC requested an interlocutory appeal, citing substantial legal issues.

This legal dispute has created uncertainty around the classification of XRP as a security and has impacted its price in the cryptocurrency market.

In recent days it has become evident that many creators indicate that XRP will do 100x but I want you to take into account the legal problems it currently has before investing.

In summary, investing in XRP is a matter of risk and perspective, and investors should carefully consider their financial situation and objectives before investing in XRP.

opinions?

#Write2Earn
#XRP
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

avatar
Alek Carter
View More
Sitemap
Cookie Preferences
Platform T&Cs