Major investors in the cryptocurrency market have begun preparing for the next potential altcoin rally amid rising altcoin demand. At the same time, the decentralized finance (DeFi) sector is also on the rise, with active DeFi loans reaching a level not seen since 2022, exceeding $13.3 billion.

CryptoQuant founder Ki Young Ju stated that crypto whales are positioning themselves in anticipation of the next altcoin rally amid the debate over when the altcoin season will begin. Ju’s analysis focuses on the cumulative bid/ask volume difference over a year. The analyst emphasized that whales prefer limit orders to prevent slippage, and the rise in the metric level is an increasing number of buy limit orders among large crypto investors and institutions. This suggests that future demand for altcoin projects represents strong buy walls, and this strategy by whales could be a precursor to a major move in the market.

Decentralized finance protocol Morpho Labs has raised $50 million after revamping its business model. The funding round was led by Ribbit Capital, with participation from a16z Crypto, Coinbase Ventures, Variant, Pantera Capital, Kraken Ventures, and other investors. Morpho Labs previously raised $23.6 million in multiple funding rounds in 2022. The funds will be used to support Morpho Blue, a permissionless lending protocol. The solution allows organizations to create and manage their own markets independent of central authorities, while also offering vaults that can be customized with specific risk management parameters.

The decline in memecoin projects continues. According to data from TradingView, most of the top 100 cryptocurrencies by market cap closed the past week with significant declines. Brett (BRETT), the native memecoin of Layer-2 network Base, fell by over 55% on the weekly chart of the top 100 projects. It was followed by Solana-based memecoin Dogwifhat (WIF), which fell by over 54%.

FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.

My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.

Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who can benefit?

Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.

I EXPLAIN IN DETAILED.

My brothers and sisters who have become Binance members without a reference, please listen carefully;

When you do what I say in order, you will receive 10 USDT.

Go to the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.

The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.

It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.

WHEN WILL THE REWARD COME?

Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.

You can share this post with your friends in need so that they can also benefit from it.

IN THE MEANWHILE, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. EVEN IF YOU HAVEN'T FOLLOWED US YET, DON'T FORGET TO FOLLOW US. WITH MY REGARDS.