Chinese people avoid pits 🕳️coin

$BTC Regarding Bitcoin (BTC), the relevant information is as follows:

• Price Performance:

• According to the latest market data, the price of Bitcoin recently hit a historic high, reaching $97,116.6 per coin, with an intraday increase of up to 1.03%.

• Bitcoin's price surged on the evening of November 20, 2024, with an intraday increase of 3.91%, breaking through the psychological barrier of $94,000.

• Market Dynamics:

• The strong rise of Bitcoin is benefiting from the U.S. approval of a Bitcoin spot ETF in 2024 and supportive regulatory trends for cryptocurrencies.

• The price ratio of Ethereum to Bitcoin has fallen to 0.032, the lowest level since March 2021, indicating Bitcoin's strength in the market.

• Investment Risks:

• Bitcoin investment faces various risks, including market risk, trading risk, operational risk, legal and regulatory risk, and expectation risk.

• Due to its production mechanism, market size, trading mechanism, and national recognition, Bitcoin has many differences from traditional currencies, which constitute its unique risks.

• Legality:

• In China, Bitcoin does not possess monetary attributes such as legal tender and enforceability, does not have the same legal status as currency, and cannot circulate as currency in the market.

• Some countries have banned the use of Bitcoin, while others have an open attitude towards Bitcoin, allowing for legal trading.

• Technical Analysis:

• The spot price of Bitcoin is above $25,000, which is the upper resistance level from May 2022 to March 2023. If it can hold, then Bitcoin is in a bull market, albeit a quiet one.

• ETF and Options Market:

• BlackRock's BTC spot ETF (IBIT) options market is performing strongly, with a bullish-to-bearish ratio of 4.4:1, highlighting institutional confidence in Bitcoin as a mainstream asset class.

$COW COW token, the native token of CoW Protocol, is a digital asset in the field of decentralized finance (DeFi).

• Introduction to CoW Protocol:

• CoW Protocol is a decentralized financial infrastructure provider, known for its product CoWSwap. COW token is the native token of this project, primarily used for payments, governance, and rewards.

• Technical Features:

• COW token utilizes top-notch blockchain technology, effectively preventing fraud and attacks, and protecting users' assets. It is completely decentralized, and no one can interfere with or control it.

• CoW Protocol adopts the DPOS consensus mechanism, enhancing transaction speed and stability. In addition, COW token has its own decentralized trading platform, CowSwap.

• Application Scenarios:

• COW token can be applied in various scenarios such as cross-chain transfers, decentralized finance, decentralized exchanges, etc.

• Governance Token:

• COW token is the governance token of Cowswap, and holders of COW token will be granted voting rights in CowDao. In the future, COW token holders can obtain transaction fee discounts by staking COW.

• Legality and Investment Risks:

• The issuer of COW token fully considered the laws and regulations of various countries during the design phase, striving to operate within a compliant framework. Investors need to remain rational while focusing on the potential of COW token, as market changes are often unpredictable, and the future development of COW token faces many uncertainties.

• Features of CoW Protocol:

• CoW Protocol is a completely permissionless trading protocol that uses Batch Auctions as its price discovery mechanism, maximizing liquidity through Coincidence of Wants (CoWs).

• CoW Protocol offers a new trading method, where users do not need to send transactions to submit trades but send signed messages, achieved through off-chain messaging by the protocol.

In summary, COW token is the core token in the CoW Protocol ecosystem, characterized by decentralization, high security, and wide application scenarios, and it has certain market performance and potential in the DeFi field.

$UTK UTK Coin, or Utrust

• Background and Development History:

• Utrust Coin was developed by the Utrust team, which was established in 2016 and is headquartered in Switzerland. The Utrust team is dedicated to solving application problems of cryptocurrencies in the payment sector, enhancing the practicality and popularity of cryptocurrencies. In 2018, Utrust successfully completed its ICO (Initial Coin Offering) and launched its native token UTK.

• Technical Features:

• Based on Ethereum Platform: Utrust Coin is an ERC20 token based on the Ethereum blockchain, leveraging Ethereum's technological advantages to ensure the security and reliability of transactions.

• Decentralized Payments: Through a decentralized payment network, direct transactions between users are realized without the need for third-party intervention, reducing transaction costs and increasing transaction speed.

• Privacy Protection: Advanced encryption technologies are employed to ensure that users' transaction information is not leaked, protecting user privacy.

• Smart Contracts: Utilizing smart contract technology, the agreements between the two parties in a transaction are automatically executed, avoiding the default risks that may occur in traditional payment methods.

• Fast Transaction Speed: Advanced consensus mechanisms are utilized to achieve rapid transaction confirmations, enhancing payment efficiency.

• Application Scenarios:

• Payments: Users can use Utrust Coin for shopping and payment activities worldwide, reducing transaction costs and improving payment efficiency.

• Cross-Border Transfers: Fast and low-cost cross-border transfers can be achieved, addressing the long processing times and high fees associated with traditional bank transfers.

• Investment and Wealth Management: Users holding Utrust Coin can participate in investment and wealth management projects offered by the platform to earn returns.

• Decentralized Application (DApp) Development: Provides developers with a secure and convenient payment solution, aiding the development of decentralized applications.

• Advantages:

• Security: Based on blockchain technology, Utrust Coin has high security features, effectively preventing fraud and theft risks.

• Convenience: Simplifies the payment process, allowing users to easily make payments and transfers globally.

• Low Cost: Reduces transaction costs, saving expenses for users.

• Efficiency: Achieves rapid transaction confirmations, enhancing payment efficiency.

$PIVX PIVX Coin, also known as PIVX, is an open-source cryptocurrency focused on privacy, decentralization, and operated by a global community. Here are some key pieces of information about PIVX Coin:

• Project Background:

• The concept of PIVX Coin was conceived in 2015, aiming to address the challenges that hinder the widespread adoption of blockchain technology, integrating multiple features to provide a data-protective and privacy-oriented cryptocurrency.

• PIVX was launched on February 1, 2016, under the name Darknet (DNET), later renamed to PIVX to reflect its community philosophy and ideals.

• Technical Features:

• PIVX is based on Bitcoin Core 0.10.x and DASH technology, utilizing the Proof of Stake (PoS) 3.0 protocol to ensure network security, and features an innovative variable reward mechanism to dynamically balance block rewards between masternodes and stake nodes.

• PIVX offers users the flexibility to choose whether to keep their transaction information private through its custom zk-SNARKS-based SHIELD protocol.

• Monetary Policy:

• The monetary policy of PIVX aims to achieve long-term sustainable balance, supporting a scalable, decentralized, and resilient node infrastructure for instant private transactions.

• PIVX has a fixed issuance rate of 10 PIV per block (split between stakers and masternodes), with transaction fees deducted from the supply, creating a deflationary effect.

• PIVX's annual inflation rate is approximately 12.68%, which will effectively decay to 0%.

• Market Performance:

• According to data from 2024, PIVX's market price is 0.2377, with a 24-hour trading volume of 12,808,327, a circulating supply of 87,979,018 PIVX, a maximum supply of 87,981,037 PIVX, and a market capitalization of 20,858,536.

• Community Governance:

• PIVX emphasizes community governance, with 10% of the remaining budget proposals allocated to support community development.

• Privacy Protection:

• PIVX provides the SHIELD protocol, allowing users to choose whether to keep transaction data confidential, effectively addressing the challenges to financial privacy in the digital age.

• Trading Platforms:

• PIVX is listed on multiple trading platforms, including Bithumb, Binance, Bittrex, KuCoin, CoinEx, and more.

PIVX Coin is known for its privacy protection features, community governance, and technological innovations, aiming to provide a secure, private, and decentralized digital currency solution.

$DF DF Coin is the application platform token of dForce, which plays multiple roles in the dForce ecosystem, including fee payment, platform governance, risk management, synthetic derivative assets, partner incentives, and more. dForce is a blockchain-based DeFi protocol platform and also the first platform to receive strategic investment from leading global commercial banks. It aims to build a complete open financial ecosystem that covers areas such as stable assets, liquidity protocols, lending markets, derivative markets, and more.

The total supply of DF Coin is 1 billion DF, with a current market circulation of 123 million DF. DF Coin can be traded on mainstream trading platforms such as Binance, Huobi Global, Gate.io, and others. The dForce protocol matrix adopts a dual-token model, using stablecoin assets (such as USDT, USDC, DAI, USDx, dToken, etc.) as trading tokens in the network, while the platform token (DF token) plays a protective role to ensure the network effect of the platform and provide utility.

The prospects for DF Coin are promising because its application focus is on the DeFi sector, which is a high-potential area that can address issues in the existing financial system. The supply of DF Coin is relatively small, with only 100 million in total, which can ensure a good balance of supply and demand for DF Coin and enhance returns for investors. At the same time, DF Coin also adopts a deflationary mechanism, meaning it restricts an average of 5% inflation annually and reduces the circulation of DF Coin by increasing transaction fees by 1%, distributing profits to those willing to hold DF Coin as Stakers.

DF Coin features low-cost and high-speed trading, with fast transaction speeds and no intermediary costs associated with traditional asset markets, which will attract more investors. The high fees for DeFi operations on Ethereum make the low transaction fees and quick execution of DFChain even more attractive.

$SCRT SCRT Coin, fully known as Secret Network, is a blockchain project focused on privacy protection. Below are some key information about SCRT Coin:

• Project Background and Introduction:

• Secret Network is the first blockchain with privacy-preserving smart contracts running on the mainnet, combining the best features of decentralized, open-source networks and blockchain, with advantages in data privacy and improved usability.

• Secret Network is built on the Cosmos/Tendermint framework, allowing various organizations and individuals to participate in the community and network of the platform.

• SCRT Token Usage:

• SCRT tokens exist for interactions with smart contracts on the Secret Network, minting default private tokens, encrypted to ensure anonymity and confidentiality. Viewing token balances, transaction details, and token metadata requires accessing the keys.

• Secret tokens can be used within the Secret Network ecosystem, more so in the fields of Secret Finance and Secret NFTs.

• Economic Model Analysis:

• The total supply of SCRT is 190 million coins, with token utilities including staking, governance token voting, and payment of network transaction fees.

• Secret Network employs inflation, block rewards, and staking to reduce the likelihood of system attacks under the PoS consensus mechanism. The target inflation rate for Secret is 15%, expected to rise to 20% if less than 67% of the supply is staked, and gradually decrease to 7% when staking exceeds 67%.

• SCRT Coin Trading and Circulation:

• SCRT tokens can be traded on Binance, Mandala Exchange, Huobi Global, Gate.io, and MEXC.

• The total circulating supply of SCRT is 291.28 million SCRT, with a total issuance of 307.385 million SCRT.

• SCRT Coin Market Value and Price:

• The price of SCRT today is 0.49124, with a 24-hour trading volume of 126.136 million. SCRT has increased by 124.08% in the past 24 hours.

• SCRT Coin's Privacy Features:

• Secret Network prevents validation nodes and blockchain analysis tools (such as block explorers) from viewing transaction data by hiding it, thereby preventing validation nodes from reordering transactions or conducting MEV attacks. Therefore, the metadata of transactions on the Secret Network is private by default.

$FUN The FUN token of the FunFair platform is an ERC-20 token based on the Ethereum blockchain, serving as a medium of exchange within the FunFair ecosystem, facilitating all transactional activities on the platform. Here are some details about the FUN token:

• Purpose:

• FUN tokens are used for gaming bets on the FunFair platform, purchasing in-game items, and participating in various games.

• Players earn FUN tokens as rewards by participating in games and tournaments, which can be used within the ecosystem or traded on external platforms.

• FUN tokens are also used to acquire, own, and trade digital assets, including NFTs, and can be used across multiple games and platforms connected to the FUNToken ecosystem.

• Players can lock their FUN tokens in "Vaults" to gain exclusive privileges such as early game access, special NFTs, and partner airdrops.

• FUN tokens can also be used to participate in DeFi, earning passive income by staking FUN tokens or providing liquidity on various decentralized platforms.

• Technical Features:

• The FunFair platform utilizes Fate Channels technology to provide instant gaming demands without delays, while FUN tokens make payments and rewards more seamless for all platform participants.

• FunFair is not a casino operator but licenses its technology and games to casino operators.

• Market Performance:

• The total supply of FUN tokens is 10,999,873,621, with a peak price reaching $0.191369.

• The FunFair ICO ended on June 22, 2017, raising approximately $20 million in BTC, ETH, and ZEC.

• Storage and Purchase:

• As an ERC-20 token, FUN tokens can be stored in any cryptocurrency wallet that is ERC20 compatible, including MyEtherWallet and Nano Ledger S hardware wallets.

• Users can purchase FUN tokens through exchanges like Binance, first needing to buy Bitcoin or Ethereum, and then exchanging it for FUN tokens.

• Decentralization and Transparency:

• The FunFair platform is decentralized and serverless, eliminating the risk of operator or player interference or hacking affecting the system.

• Transparency is provided through blockchain and smart contracts, ensuring fairness in gaming.

• Development History:

• In the ICO of June 2017, FunFair raised $26 million, demonstrating its activity and recognition in the cryptocurrency market.

$BCH Bitcoin Cash (BCH) is a forked currency originating from Bitcoin (BTC), created through a hard fork on August 1, 2017. Below are some key features and latest information about BCH:

• Technical Features:

• Block Size: BCH's block size was initially set at 8MB and later increased to 32MB, which is significantly larger than Bitcoin's 1MB block size, allowing BCH to handle more transactions, reduce congestion, and maintain lower transaction fees.

• Transaction Speed and Fees: Due to the increased block size, BCH has a faster transaction speed and relatively lower fees.

• Community Philosophy: The BCH community emphasizes its practicality as a peer-to-peer electronic cash system, pursuing higher transaction efficiency and lower fees, contrasting with the Bitcoin community's view of Bitcoin as "digital gold."

• Market Performance:

• According to the latest market data, BCH's price has fluctuated. On November 21, 2024, the price of BCH reached 445.9 at one point but later declined to around 432.5, with a daily drop of -3.01%. The trading volume was 434 million, showing a certain level of market activity.

• Use Cases:

• Peer-to-Peer Electronic Cash System: BCH is designed as an efficient peer-to-peer electronic cash system for everyday transactions and payments.

• Cross-Border Payments: BCH can be used for cross-border payments, especially in cases where traditional financial systems have high fees or slow remittance speeds.

• Store of Value: Although BCH is primarily used as a means of payment, some users also regard it as a store of value.

• Investment and Trading: BCH holds a position in the global cryptocurrency market and is used by many investors for trading and investment.

• Challenges and Controversies:

• BCH faces several challenges and controversies, including internal disputes within the community that have led to further forks, such as the emergence of Bitcoin SV (BSV). Additionally, like all cryptocurrencies, BCH is subject to regulatory scrutiny and market uncertainty, which may impact its adoption and value.

In summary, BCH is a cryptocurrency aimed at providing faster transaction speeds and lower fees, holding a place in the global cryptocurrency market, and being accepted by an increasing number of merchants and payment processors.

$DGB DigiByte (DGB) is a digital currency known for its speed, security, and scalability. Here are some key pieces of information about DGB:

• Origin and Vision:

• The origin of DigiByte dates back to 2013, created by developer Jared Tate. Tate's intention was to create a digital currency that could withstand quantum computing threats while also addressing Bitcoin's scalability and speed issues. DGB's vision is to become the world's leading digital currency, providing global users with a fast and secure payment method through its unique technological features.

• Technical Features:

• Fast block generation time: DGB's block generation time is 15 seconds, much faster than Bitcoin's 10 minutes, which means faster transaction confirmation and a smoother user experience.

• Multi-algorithm mining: DGB supports five different hashing algorithms (Scrypt, SHA256, Groestl, Skein, and Qubit), allowing more hardware to participate in mining and enhancing the network's decentralization.

• Quantum resistance: DGB employs an algorithm called Odocrypt, designed to withstand attacks from quantum computers, protecting the network from potential future quantum computing threats.

• High transaction volume: Due to its fast block generation speed, DGB can handle a transaction volume far greater than Bitcoin, making it an ideal choice for large-scale payments.

• Low transaction fees: DGB's transaction fees are extremely low, making it an ideal choice for small payments, especially in scenarios where quick payments are needed.

• Use Cases:

• Everyday payments: Due to its fast transaction confirmation and low fees, DGB is very suitable for everyday small payments.

• E-commerce: Merchants can reduce transaction costs by accepting DGB payments, while providing consumers with more payment options.

• Cross-border payments: DGB's fast transaction confirmation and low fees make it an ideal choice for cross-border payments, especially in international trade where quick capital flow is needed.

• Smart contracts and decentralized applications (DApps): DGB's speed and scalability make it an ideal platform for building smart contracts and DApps.

• Internet of Things (IoT): DGB's security and speed make it promising for transactions between IoT devices.

$CTXC CTXC token is the native token of the Cortex platform, issued on April 17, 2018. Cortex aims to create a decentralized artificial intelligence autonomous system and provide advanced machine learning models on the blockchain, allowing users to infer these models using smart contracts on the Cortex blockchain. Cortex also aims to create a machine learning platform that allows users to publish tasks and submit AI DApps (Artificial Intelligence Decentralized Applications). CTXC tokens can be used to purchase AI-related products and services, such as graphics cards, deep learning machines, and cloud computing services.

Cortex’s features include:

• Smart AI Contracts: Cortex allows users to write machine learning programs on the blockchain and submit interactions dependent on other contracts.

• Cortex Virtual Machine (CVM): Cortex has its own virtual machine, and the CVM instruction set is fully compatible with the Ethereum Virtual Machine (EVM) and supports inference instructions.

The total issuance of CTXC tokens is 299,792,458, and the maximum supply is also 299,792,458. The CEO of Cortex is Chen Ziqi, who has a machine learning background from the University of California, Santa Cruz, graduated from the Civil Engineering Department of Carnegie Mellon University, and is also a graduate of Tsinghua University and a co-founder of Waterhole.io.

The application scenarios for CTXC tokens include the publication and trading of AI algorithms, deployment of AI applications, and computing power leasing, with CTXC tokens serving as a means of payment, facilitating the circulation of algorithms and ensuring fairness and transparency in the market. With the popularization of artificial intelligence technology and the growth of market demand, the value of CTXC tokens is expected to increase accordingly.

$UTK UTK Coin, fully known as Utrust, is a cryptocurrency based on blockchain technology, designed to provide a secure and convenient payment method, and to create a decentralized payment platform. Below are some key information about UTK Coin:

• Technical Features:

• Based on Ethereum Platform: UTK Coin is an ERC20 token based on the Ethereum blockchain, leveraging Ethereum's technological advantages to ensure the security and reliability of transactions.

• Decentralized Payments: Through a decentralized payment network, direct transactions between users are achieved without third-party involvement, reducing transaction costs and increasing transaction speed.

• Privacy Protection: Advanced encryption technology is adopted to ensure that users' transaction information is not leaked, protecting user privacy.

• Smart Contracts: Utilizing smart contract technology, the agreements between the two parties in a transaction are automatically executed, avoiding the default risks that may arise in traditional payment methods.

• Fast Transaction Speed: An advanced consensus mechanism is adopted to achieve rapid transaction confirmation, enhancing payment efficiency.

• Application Scenarios:

• Payments: Users can use UTK Coin for shopping, payments, and other consumption activities globally, reducing transaction costs and improving payment efficiency.

• Cross-Border Transfers: Achieving fast, low-cost cross-border transfers resolves the issues of long transfer times and high fees associated with traditional bank transfers.

• Investment and Wealth Management: Users holding UTK Coin can participate in investment and wealth management projects offered by the platform to earn returns.

• Decentralized Application (DApp) Development: Provides developers with a secure and convenient payment solution, helping to promote the development of decentralized applications.

• Advantages:

• Security: Based on blockchain technology, it has high-security performance, effectively preventing risks such as fraud and theft.

• Convenience: Simplifies the payment process, allowing users to easily conduct payments and transfers globally.

• Low Cost: Reduces transaction costs, saving expenses for users.

• Efficiency: Achieves fast transaction confirmation, improving payment efficiency.

• Market Prospects:

• With the popularity of digital currencies, more and more users and businesses are seeking a secure and convenient payment method, and UTK Coin perfectly meets this demand, with huge market potential.

The issuance of UTK Coin is 500,000,000 pieces, and the issuance price is $0.065.

$TROY TROY Coin is a cryptocurrency based on blockchain technology, developed by the Troy team, aimed at building a decentralized financial ecosystem that provides a secure, efficient, and transparent financial service platform. The main features of TROY Coin include:

• Security: TROY Coin employs strong encryption algorithms to ensure the safety of users' assets and transaction information.

• Decentralization: TROY Coin achieves decentralization through a proof-of-work mechanism, avoiding risks of single points of failure and censorship.

• Scalability: The TROY Coin network supports smart contracts, allowing developers to build decentralized applications (DApps) and provide users with a more diverse range of services.

• Low transaction fees: The TROY Coin network reduces transaction fees, making small payments more feasible.

The application scenarios for TROY Coin include payments, investment and wealth management, decentralized application (DApp) development, and cross-border transfers. The total supply of TROY Coin is 10 billion coins, with a circulation of 1.64 billion coins and a circulation rate of 16.4%. TROY Coin entered the market in 2019 through an initial coin offering (ICO), with an issuance price of around $0.1. The market value and price of TROY Coin will fluctuate with market changes and project developments.

The market outlook for TROY Coin is promising, as the global digital currency market continues to grow, TROY Coin is expected to gain more attention from investors. At the same time, as part of the decentralized financial ecosystem, TROY Coin is likely to benefit from the rapid development of the DeFi market.

$FIL Filecoin (FIL) is a decentralized storage network based on blockchain, and its native token is also called FIL. Here are some key information about FIL coins:

• Token distribution: The total number of Filecoin tokens is 2 billion, of which 70% (1.4 billion) are allocated to miners, which are linearly released through block rewards and halved every 6 years; 15% (300 million) are allocated to the Protocol Labs team as R&D and operating expenses, which are linearly released over 6 years; 10% (200 million) are allocated to investors participating in private and public offerings, which are linearly released over 6-36 months; 5% (100 million) are allocated to the Filecoin Foundation, which are used as long-term community building, network management and other expenses, which are linearly released over 6 years.

• Consensus mechanism: Filecoin adopts a hybrid consensus mechanism, including Proof of Replication (PoRep) + Proof of Spacetime (PoSt) + Expected Consensus.

• The relationship between IPFS and Filecoin: Filecoin is a decentralized storage network built on IPFS (Interplanetary File System). IPFS is a peer-to-peer distributed file system, and Filecoin is its only incentive layer, which promotes the development of IPFS through the mechanism of economic incentives.

• The role of FIL: FIL, as the token of the Filecoin network, is used to pay for data storage, data retrieval, and any fees that may occur within the network. Filecoin has built a decentralized storage trading market for cloud storage based on the IPFS protocol, including two markets: "storage" and "retrieval".

• Market development: Filecoin's storage market continued to grow in the third quarter of this year, with active trading volume increasing by 45% month-on-month and nearly 10 times year-on-year. As of the end of the third quarter of this year, nearly 1,900 clients used Filecoin's data set.

• Filecoin Virtual Machine (FVM): Filecoin Virtual Machine (FVM) brings Ethereum-style smart contracts to support new use cases, including liquidity staking, permanent storage, decentralized retrieval, and computing.

• Price and market: The price of FIL coins will change with market supply and demand. It is a cryptocurrency affected by market sentiment, technological development, community activities and macroeconomic factors.

$FLOKI Floki Coin, usually refers to Floki Inu (FLOKI), a cryptocurrency themed around a meme, inspired by Shiba Inu, and named Floki by Elon Musk for his dog. Floki Inu has become one of the more popular dog-themed meme coins in the cryptocurrency market, aiming to provide a new and fun experience for cryptocurrency investors and users.

Floki Inu (FLOKI) is a multi-chain token that exists on Ethereum (ETH) and Binance Smart Chain (BSC).

The tokenomics of Floki Inu includes burning 25% of FlokiFi locker fees and burning 1% of Floki prepaid card fees. In addition, Floki Inu also offers some services such as Floki Name Service, allowing users to create decentralized .floki domain names, and Floki trading bot, which is a Telegram bot that allows users to manage hot wallets through the Telegram chat interface.

$SSV

• Price and Market Cap: The latest price of SSV coin is 18.40, with a 24-hour trading volume of 55,079,120. The price of SSV coin has changed by -8.31% in the past 24 hours, with a circulating market cap of 130,395,736.

• Circulation and Issuance: The total circulating supply of SSV coin is 7,085,670 SSV, and its issuance is 11,838,400 SSV.

• Technical Development: SSV Network is dedicated to developing the first secure and robust way to split ETH staking validator keys among untrusted operators, providing network-wide improvements for decentralization and security. SSV.network is an Ethereum-based community committed to enhancing the activity and security of Ethereum holders.

• Market Performance: SSV coin has grown by 2.83% in the past 24 hours, with a market cap of 13,532,700 USD.

• Staked ETH: SSV Network has stated on social media that over 800,000 ETH have been staked on its platform.

• Core Team Restructuring: The core team of SSV has officially restructured into SSV Labs, which will play the role of core contributors to the ssv.network protocol, providing various services to the SSV DAO and foundation while actively participating in the protocol's development.

$ATOM ATOM is the native token of the Cosmos network. Here are some key information about ATOM:

• Purpose:

• Staking: Users can earn a portion of block rewards by staking ATOM tokens.

• Voting: As a governance token, holders can vote on proposals, participate in the governance of the Cosmos Hub, initiate proposals, and vote on the future direction of the ecosystem.

• Payment Fees: ATOM is also used as a fee required for using the Cosmos network.

• Market Performance:

• The price of ATOM is stable at around $9.63, with a 24-hour trading volume reaching $210.1 million and a market capitalization of approximately $3.609 billion, firmly ranking 22nd in the cryptocurrency market.

• The market capitalization ranking of ATOM is 29th, with a total market cap of $3.471 billion.

• Supply:

• ATOM does not have a fixed total supply; instead, it will increase as the tokens are used, which is intended to encourage users to stake more ATOM tokens.

• Historical Background:

• The Cosmos team can be traced back to 2014, co-founded by Jae Kwon, Zarko Milosevic, and Ethan Buchman with Tendermint. In 2016, the Tendermint team published the Cosmos white paper and issued the ATOM token through an ICO the following year.

• Technical Features:

• Cosmos aims to simplify technical complexity with a modular framework, ultimately building a blockchain internet.

• Investment and Trading:

• ATOM can be purchased on major exchanges such as Binance, Huobi, Coinbase, etc.

• Potential and Prospects:

• As the Cosmos network continues to grow, more and more applications and blockchain projects will choose to build on it, leading to an increase in users and trading volume, which will help boost the demand for ATOM.

• As a cryptocurrency for cross-chain interoperability, with the continuous development of the blockchain industry and the growing demand for applications, the market demand for ATOM will further increase, driving its appreciation.

$APT APT Coin (Aptos Coin) is the native token of the Aptos blockchain, primarily used for transactions and payments on the chain. Below are some key information about APT Coin:

1. Purpose

• Transactions and Payments: APT Coin is used to pay transaction fees on the Aptos network, similar to SOL Coin on Solana. Users need to use APT Coin to pay relevant fees when conducting transactions in the Aptos ecosystem.

• Governance: APT holders can participate in governance voting for the network, influencing protocol upgrades and decision-making processes both on-chain and off-chain.

• Staking: Users can stake APT Coins to earn rewards, supporting the security and stability of the network.

2. Issuance
The initial total supply of APT Coin is 1 billion tokens, with no upper limit. The initial inflation rate is 7%, decreasing by 1.5% each year, ultimately reaching 3.25%.

3. Ecosystem
The Aptos blockchain uses the Move programming language, aiming to enhance scalability and security. Since the mainnet launch on October 17, 2022, the Aptos ecosystem has introduced several decentralized finance protocols and NFT markets. Currently, there is a stablecoin protocol called Argo on Aptos, allowing users to mint stablecoins by staking relevant assets.

4. Market Performance
APT Coin has experienced significant price fluctuations over the past period, reaching a historical high of around $20 in 2023, before falling back to lower levels. Current market sentiment and usage have a direct impact on the value of APT Coin.

$TRX TRX Coin (TRON Coin) is the TRON network

1. Uses
TRX Coin is primarily used in the following areas:

• Medium of exchange: Within the TRON network, TRX is used to pay various service fees, including fees for the use of decentralized applications (DApps) and transaction fees.

• Smart contracts: TRX can be used to deploy and execute smart contracts, supporting automated operations of decentralized applications.

• Asset trading: Users can use TRX to purchase and trade various digital assets on the TRON network, including in-game items and virtual assets.

• Governance participation: TRX holders can participate in community governance by staking TRX, gaining voting rights, and influencing the future development direction and major decisions of the network.

• Staking and rewards: Users holding TRX can stake their tokens to receive a certain annual return rate (approximately 4-6%) and participate in the election of super representatives, sharing block rewards.

2. Total Supply
The total supply of TRX Coin is 100.851 billion, with a current circulating supply of 71.66 billion, making the circulation rate approximately 71.1%.

3. Staking and Governance
TRON uses a Delegated Proof of Stake (DPoS) mechanism, allowing TRX holders to earn governance rewards and voting rights by staking TRX and participating in the election of super representatives. The more TRX staked, the higher the rewards.

4. Payment and Circulating Currency
TRX is the primary payment currency for DApps on the TRON blockchain, allowing users to trade and pay using TRX, enjoying low transaction fees and high transaction processing capacity.

5. Token Issuance and Exchange
Users can easily create their own tokens using TRON's smart contract functionality and exchange them for TRX. This provides convenience for entrepreneurs and project teams to establish their digital assets on the TRON blockchain.

6. Rewards and Incentive Mechanism
TRX, as part of the rewards and incentive mechanism, encourages users to actively participate in the TRON ecosystem. Users can earn TRX rewards by participating in the consensus mechanism and staking, which helps maintain and secure the TRON blockchain network.

$AVAX AVAX is the native token of the Avalanche platform, playing an important role in the Avalanche ecosystem. Here are some key information about AVAX:

• Use: AVAX tokens are used to secure the network through staking, trade between different tokens, pay transaction fees, and provide a basic unit of account across multiple subnets created in Avalanche. All transaction fees on the main network's blockchains, creation and minting fees of digital assets, blockchain creation, and subnet creation need to be paid with AVAX. These tokens are subsequently burned, thus reducing the total supply.

• Deflationary Effect: If the amount of AVAX burned exceeds the amount minted as rewards for validators, the total number of tokens will decrease, further leading to a deflationary effect.

• Issuance: AVAX has a maximum issuance cap of 720 million, which will never be exceeded. In contrast, Ethereum does not have a fixed token issuance limit, which will increase according to network demand to maintain security.

• Consensus Mechanism: Avalanche employs a novel consensus method that guarantees security, fast confirmation, and high throughput without sacrificing decentralization.

• Network Structure: Avalanche uses the concept of "network of networks" to describe its network and its capabilities. It consists of three blockchains that manage different functions: Platform Chain (P-Chain), Contract Chain (C-Chain), and Exchange Chain (X-Chain).

• Transaction Fees: The transaction fee structure of Avalanche varies based on network congestion, and all fees are burned, making AVAX increasingly scarce over time.

• Participation Incentives: High uptime and quick response times can increase the number of AVAX rewards that network participants receive for processing AVAX transactions.

• Governance: Avalanche is typically governed by a proof-of-stake mechanism. AVAX holders need to stake AVAX in exchange for the right to validate AVAX transactions. Participants holding the most AVAX are most likely to be selected as validators for Avalanche blocks. Additionally, holding AVAX tokens is also a requirement for participating in voting on Avalanche governance proposals.

• Market Performance: According to the latest market news, the circulating supply of AVAX is 405.93 million, with a market cap of 10.67 billion USD, and a 24-hour trading volume of 478.71 million USD.