Challenging Worldcoin? TON will introduce palmprint identity recognition and launch Toncoin reward plan

According to The Block, the TON ecosystem will introduce palm scanning technology for identity authentication. This initiative is a Toncoin reward program launched by TON Society in cooperation with Human Code. The total reward will exceed US$5 million, which means it poses a challenge to Worldcoin co-founded by OpenAI CEO Sam Altman.

The program touts identity verification and anti-bot features, and requires no additional hardware equipment.

TON Society launched the initiative in partnership with artificial intelligence company Human Code. By scanning the user's palm, the program verifies their identity on the blockchain while protecting their anonymity. TON surpasses $6.4, surpassing ADA to become the 9th largest cryptocurrency! One million Toncoins will be airdropped

As a public chain based on the huge social software Telegram, TON has received good news frequently in the past two months, which has led to a continuous rise in its price. This morning, it even broke through $6.4, setting a new record high again, and the increase in the past month was as high as 126%.

With this strong rise, TON's market value has reached 22 billion US dollars, officially surpassing ADA and ranking ninth among cryptocurrencies. The next target is DOGE, the meme coin with the largest market value.

TON Society launches digital identity rewards program Ahan is here ZJ0304120

In addition, according to Cointelegraph's report yesterday, TON Society, a community of TON ecosystem developers, launched a digital identity rewards program. The program uses the biometric scanning technology of artificial intelligence company Human Code, allowing users to use palm scanning technology through smartphones to verify their human identity on the blockchain. (Although it is somewhat similar to Worldcoin, the authentication technology is different)

Arthur Hayes: I have taken profits on SOL and Meme coins! I will show my strength in May

In his latest article “Heat Wave”, Arthur Hayes, the founder of BitMEX, analyzed several upcoming events that will have an impact on market liquidity, which prompted him to close his positions in SOL and some meme coins and temporarily store the funds in the Ethena project, waiting for everything to stabilize in May before making another big move.

The impact of Bitcoin halving on price trends

Bitcoin's block reward is expected to be halved on April 20. This is considered a catalyst for the rise in the crypto market. Although Hayes agrees that the halving event will help push prices higher in the medium term, he is cautious about the price trend before and after the halving. Since the argument that halving is good for prices is deeply rooted in people's minds, when most market participants hold the same view, the opposite usually occurs. Therefore, Hayes chooses to avoid entering the market before and after the halving.

Close the position with profit first and enter the market again in May

Hayes said he has closed all his MEW, SOL and NMT positions and transferred the funds to Ethena's USDe staking project to earn returns.

Hayes believes that if his prediction of the US dollar liquidity comes true, he will be more confident to increase his holdings of various meme coins. Even if he makes a mistake, he will only miss a few percentage points of profit, which is a relatively acceptable result. He has packed his bags and is heading to Dubai to participate in the Token2049 event to celebrate the arrival of the cryptocurrency bull market with everyone!

Solana NFT Marketplace Tensor is now listed on Binance! Token TNSR surges by more than 8,800%

Tensor, the NFT market of the Solana ecosystem, officially announced on the 8th that its governance token TNSR has been launched. Prior to this, users could obtain treasure chests through the use of the Tensor protocol, and now all treasure chests in the first, second, and third seasons have been opened, and users have 180 days to claim the token airdrop.

Tensor officially stated that the Tensor Protocol is an important NFT trading infrastructure built on Solana. So far, users have traded more than US$2 billion worth of Solana NFTs through the Tensor Protocol. In the past 90 days, the Tensor Protocol has achieved more than 70% of the NFT transaction volume on Solana.

TNSR price performance

At present, Binance has launched Tensor (TNSR) at 23:30 on the evening of the 8th, and opened spot trading pairs such as TNSR/BTC, TNSR/USDT, TNSR/FDUSD, and TNSR/TRY.

After TNSR went online, its highest opening price soared from US$0.03 to US$2.689, an increase of more than 8853%. Although it has slightly corrected, it currently remains at around US$1.6842.

Akan today's market analysis

The price fluctuation of BTC/ETH is in line with expectations. Bitcoin found support near 68500, and Ethereum also found effective support near 3470. It is recommended to continue holding. Altcoins also experienced a pullback yesterday, but they still maintained the trend of daytime gains, so we are still optimistic about their rise.

Today’s analysis:
BTC：
On the 4-hour chart, the bullish momentum is relatively strong, forming a bottom pattern around 68,200, and it is expected to rebound to around 71,000 today.

ETH：
It received support near 3450 and is expected to rebound to around 3700 today.