What is currently happening with XRP is quite a madness and is making headlines in the crypto market.

But what is happening with this crypto asset?

I will tell you next.

At this moment, the value of the cryptocurrency XRP is at $2.93, which represents a significant increase influenced by the following:

- Market Positioning: XRP recently surpassed Tether and Solana in market capitalization, becoming the third most valuable cryptocurrency. This has resulted in greater interest among investors and increased confidence in the asset​.

- Solid Technical Performance: The token has experienced a 377% increase in the last month and more than 30% in the recent 24 hours, driven by bullish technical indicators and significant trading volume, reinforcing its appeal as an investment​.

- Legal and Fundamental Momentum: Ripple, the company behind XRP, has made progress in its legal situation, leaving behind the negative impact of its battle with the SEC. This has revitalized optimism around the use of the token in cross-border payments and its adoption​.

- Overall Market Trend: The positive context of the crypto market, led by Bitcoin approaching $100,000, has benefited altcoins like XRP, which has been boosted by the overall bullish sentiment.

$XRP

What are your current expectations regarding the crypto market? Tell me...

We all go through rookie mistakes at some point, and I was no exception.

I'll tell you, a few weeks ago, just when the whole $HMSTR airdrop boom started, I needed some $TON and because the Toncoin Dapps ecosystem is still very small, in the sense that there is not much interoperability with other blockchains, it was kind of complicated for me to exchange another token for Ton.

What solution did I find? A kind of cumbersome, but effective one.

Ultimately, in order to have some TON in my wallet and thus request my hamter tokens, I deposited some Sats to my #Binance account using the Lightning Network and then converted them into Ton and made a withdrawal of funds.

Why did I go through this process when I could request my tokens directly from an exchange and not need to pay a fee? because when I made my process to request my tokens I chose binance as the default exchange and then when making the withdrawal it presented errors, leaving me without the option to withdraw it to another exchange.

Returning to what is important and the topic I am here to comment on, doing this process I made a rookie mistake then managing to exchange my sats for ton, withdraw them to the wallet and swap my hamter tokens for ton, what was the mistake? Well, since toncoin does not yet allow converting ton for btc on the lightning network, I chose to send my #TON💎 back to binance, in order to exchange them for #btc and withdraw funds to my wallet through the LN network.

However, it turns out that I forgot to include the memo that Binance requests when depositing the Ton token into the Spot wallet, which is why my funds are not reflected, despite having sent them to the correct deposit address.

This led me to the need to request customer service. An option that I had not used since my beginnings on the Binance platform. Now I find myself with the request made while waiting to solve the problem presented, everything looks very good at the moment.

How was your experience with the $HMSTR airdrop?

Mine was pretty cool (as we would say in Venezuela)

Why? Because although I really didn't have any expectations towards this token launch because the time I've been within the web3 ecosystem has made me understand how it really is that "the crypto ecosystem is taken advantage of" and airdrops are more than a way to multiply your capital or obtain large profits, they are more of a marketing technique that serves to promote a crypto project and in turn to be able to give a value within the market to the token, but the fact that it really is usually of great help for those who are starting in crypto as a strategy to have a capital in cryptocurrencies without requiring a greater investment than their time is not denied.

Clarifying the above, now I will make known the reason why I perceived that the modus operandi of the airdrop was not entirely attractive.

1) There were many obstacles when claiming the token, either to an exchange or a wallet.

2) There was a discrepancy with certain instructions and options.

For example, initially the hamter platform provided you with various ways to withdraw your tokens, however, when the deadline came it did not allow you to make any changes in the case that, for example, #binance did not allow you to request your tokens because you did not have verification #KYC

This, in my opinion, takes away the appeal for newbies to want or continue interacting with the crypto ecosystem, since they can see it as an unattractive obstacle or even as some indication that generates doubt in the credibility of what is promoted.

3) Shortage of Dapps or ways to exchange any token for ton to be able to pay the #fees in the case of withdrawing funds directly to a wallet.

What other variables did you observe that caused you dissatisfaction regarding the Hamster Kombat airdrop? I read them, since I want to know your experience and perspective.

Certain actions such as speculation and the search for exaggerated profits end up delaying the use of cryptocurrencies as part of our daily lives. A good example of this is Venezuela, since... who is going to choose to buy USDT when the salary of an average worker is paid in bolivars or the equivalent in dollars but according to the BCV rate? Which implies that when I need to change my bs for USDT, the loss is greater than the gain in said commercialization.

This is because the BCV dollar is at approximately 36 bs, while the parallel dollar, with which many usually trade in exchanges, can be found at up to 45 bs.

What ends up being more viable? Buy #USDT or save the bs to later spend it on some need or pleasure that we want to give ourselves?

And for the record, I am not making a criticism, after all, this is simply a consequence of a free market, which is thanks to the autonomy and freedom that the crypto ecosystem grants, I am only expressing a financial reality that exists.

There are realities surrounding crypto investments that are not often mentioned, one of them is that investing in crypto does not consist of simply placing part of your capital in the cryptocurrency that seems most attractive to you or in the one that is on everyone's lips, all investment must be made after a plan in which a clear goal is set out, said goal being understood as the return on profit that we wish to obtain and in what period of time, but at the same time, investing in crypto also implies investing in those cryptocurrencies that we will require to interact with the blockchain ecosystem that was created and that provides a solution to some existing conflict or need within the financial, political or social environment.

As many of you may already know and should know, new changes within the Blockchain #Polygon have begun to take place.

This is why many exchanges have already begun to delist the#Maticcryptocurrency on their platforms.

What can and should you do in this case to not lose the funds you had in this cryptocurrency?

Simple, you simply have to change your Matics to $POL .

Even in some exchanges, such as #binance, if you have your Matic funds stored there, the change is made automatically.

What happens if you do not have your Matics in an exchange but in a Wallet such as Trustwallet, metamaks or exodus?

It is also very simple, what you have to do is search for the Pol cryptocurrency on your exchange, copy the deposit address and send your Matics to Pol, and later, if you want to withdraw your Pol to your Wallets you can do so, taking into account how much they are charging for withdrawal fees and the minimum amount that the exchange is requesting.

For example, Binance charges you a 0.80 Pol fee, and requires a minimum amount of 10 Pol for withdrawal.

The Evolution of Polygon's Blockchain.

Several months ago, Polygon announced a major update that will set a new precedent for its Blockchain.

What is it about? Well, it was announced that there will be a change that consists of the transition from its native token MATIC to POL.

But this goes beyond a simple name change, since several highly relevant adjustments will also be made to its network.

Do you want to know what changes are coming?

➡️ New token: The native token MATIC will now be called Pol

➡️ Increased scalability: The network will be much faster and more efficient as it will allow a greater number of transactions to be processed per second.

➡️ Interoperability: This will allow for greater integration with other blockchains, resulting in easier transfers of assets between different networks.

➡️ Greater security: New security measures will be implemented to protect user funds.

Although these changes promise a lot, the price of $MATIC is currently falling.

What could be the reason? Because many frequent users of this Blockchain consider having to exchange tokens to be tedious.

Even so, there is great optimism regarding this update.

What do you think? What does the future hold for Polygon?

One of the virtues of the web3 ecosystem is that you don't necessarily need to invest in the first instance to have a capital in crypto.

Do you want to know one of the ways how this is possible? 🤔

Keep reading...👀

We in the CryptoFinanzas community (https://t.me/CF_Grupo) are granting every day through a tool offered by the#binanceplatform called#criptoboxa percentage of tokens to the members of our strategy channel (https://t.me/CF_Estrategias)

Why and for what? 🤷🏼‍♂️

Because we understand that many people sometimes, out of fear of risking their capital, do not take that first step that is needed to enter the world of cryptocurrencies. This fear is also due to the bad reputation that they have come to have as a result of certain projects that ended up being ponzis and dirtying the name and term "Crypto"

For this reason, to encourage and make it easier for users to interact with cryptocurrencies and thus understand how the various web3 tools work, achieving as a result that they can take advantage of the benefits that they provide, we have decided to allocate certain capital from the community as rewards for their active participation and support in the form of a crypto box.

But what is this famous cryptobox tool and how does it work?

Criptobox is one of the many tools that the Binance exchange has, and consists of a user with an account on the platform having the possibility of distributing tokens or cryptocurrencies, either through a distribution of random or fixed amounts for the number of users specified, depending on the number of tokens to be sent.

Shall I tell you a sad truth?

Web3 is far from being the reality that was once thought and expressed in its philosophy.

The worst thing is that the tools for the philosophy to become a reality are there.

Now tell me... What do you think is missing or what has failed in its implementation?

What does #DOGS have in store for us in the coming days?

To be honest, I don't know, but it intrigues me greatly.

Did I sell my tokens? No, I keep them at #HOLD and I placed them to obtain more tokens with the option granted by the #TELEGRAM Wallet that gives us an APY of 300%. Why did I make this decision? Because I have confidence in the appreciation of the token, either to later trade it and obtain an interesting profit in exchange or to know the utility that it can have within the blockchain ecosystem of #TON

The #ton_blockchain ecosystem has begun to show us its clear intention to be the one that grants the necessary step for crypto adoption.

We are once again in a scenario where we see a bear market, this took many by surprise, others with the basic and required knowledge were able to visualize this situation with some anticipation.

Even so, what has been said is the same as on other occasions.

Do not be afraid, be patient, because when the market and asset prices fall, you have to buy low and sell high, and see it as a product on offer.

And yes, much of that is valid, but at the same time, unrealistic.

What do I mean?

Before all that, we must instill financial awareness, create investment plans adjusted to the reality of the income received by each individual according to their country or life situation.

This is how we can make web3 a massive reality and not just a niche.

What are the Blockchain projects that have captivated you the most so far this year? and because ?

#Bitcoin #ETH #BlockchainRevolution

Despite all the advances that have been happening at a technological level, web3 has not established itself as that tool and philosophy of life that was so desired in its beginnings.

Certainly there are multiple communities that encourage education and knowledge about the benefits of using Blockchain technology in their daily lives. Interesting projects have emerged that solve the limits that the main protocols such as bitcoin or ethereum could have. The implementation of DeFi protocols that challenge the traditional financial system has been made known in various ways.

But even so, some could say that we are at a stagnant point in terms of adoption of this new economic, social and political system.

What do you think it is due to?