$BNB Deserves a move Tbh | CRYPTO MECHANIC on Binance Square

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$BNB Deserves a move Tbh

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BNB holders are getting a lot of benefits and you’re missing out a lot of it if you don’t know about these. Binance recently launched Sophon ( $SOPH ) as the 20th project in its BNB HODLer Airdrops. Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products got the Airdrop for free. As Sophon is now live on Binance, Lets explore the project and see what its all about. **What is Sophon? ** Sophon is a ZK chain that completely redefines onchain experiences. Real applications, a simple user experience, and highly scalable, Sophon brings crypto to the world. **Key Features of Sophon** Built on Validium and the ZK Stack 🔸Higher Throughput: Process a larger volume of transactions efficiently 🔸Low Transaction Fees: Cost-effective interactions for users 🔸Layer 2 Benefits: Scalable while maintaining Ethereum mainnet security Interoperability through Elastic Chains 🔸Seamless interactions with other ZK chains 🔸Operate across chains without liquidity fragmentation Enhanced User Experience 🔸Fast, seamless, and secure environment 🔸Developers can build apps that interact across the ZK ecosystem $SOPH Token Use Cases 🔸Gas token for all transactions; Paymasters enable gas-less UX 🔸Staking for PoS security; holders can delegate and share fees 🔸Node-operator rewards: 20% of supply over 3 years to Guardian NFT node runners 🔸Ecosystem & Liquidity incentives: 8% for L1+L2 farming and programs 🔸Future governance and burn mechanics after sequencer decentralization **Tokenomics** Token Name: Sophon (SOPH) Genesis Total Supply: 10,000,000,000 SOPH Max Supply: 10,000,000,000 SOPH Circulating at Listing: 2,000,000,000 SOPH (20%) Read More about Sophon Existing product and Binance Hodler Airdrop Here 👇 Deep Dive Into Sophon 👈

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One of the common mistake that most of the traders make is they pay so much attention to what's going on lower timeframe like 1hr or some even use 15 minutes chart and they flip-flop their bias on every Red or Green candle. One Red candle and bears start screaming for a dump and one green candle bulls start screaming for a pump. This is the kind of price action where people lose most of their hard earned money. They trade when it's not the right time to trade. What you should be doing instead ? The solution is simple, Pay attention to only what high timeframe is doing and used that biased for your lower timeframe setups. Have a look at the attached pictures. The first picture is chart boys trying to be look cool by calling a move up , down , up and down multiple times in a day/week. And the second picture is what HTF is actually doing. Literally nothing right? Instead of wasting time on these 1hr and 15 minute charts and change your BIAS multiple times in day. pay attention to the HTF only if the trend is bullish stick to it unless it's shift and if the trend is bearish, Be with it unless it shifts. Reduce the noise..!

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Mixed signals there on $BTC Monthly chart - Highest monthly close above $102k Bitcoin ever had - SFP / Fakeout prior ATH. What do you guys expect from the month of June?

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SOPH | The 20th Project On Binance HODLer Airdrops

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$WCT is a perfect example of why you should not marry with Your Altcoins bag. Before this we saw Layer and Om dumped in same pattern. BEWARE..!

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