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$215 million move from Arbitrum: Will it go up?😱🚀🚀 The DAO of Ethereum-based layer-2 network #Arbitrum will fulfill requests to distribute hundreds of thousands of dollars to support gaming projects on the network over the next three years. The proposal would allocate 225 million $ARB dollars over three years, valued at approximately 215 million of its current price, to the Gaming Catalyst Program (GCP), which is designed to drive credit and adoption of Arbitrum/Orbit/Stylus. Arbitrum made game enthusiasts happy The proposals, first submitted in March, were formally adopted on Friday with the support of more than 75 percent of the vote. Organizations that significantly supported the proposal included L2Beat, Wintermute, and the gaming-focused Treasure DAO, while Blockworks Research and Camelot DAO were also among the opposing voters. Treasure DAO has written extensively about X in response to the proposal: “Arbitrum is the home of gaming; this includes all games, game chains, and all builders in its orbit. "Come on, it's a little magical." The bulk of the funding is allocated to publishers; While new and early-stage developments have the opportunity to apply for grants worth a maximum of ARB 500,000 (approximately $483,000 at current launch), better performers must apply for investments with a value share share. Tokens, equity or similar instruments will be distributed to bonuses and distribution expenses related to the back infrastructure of the funds. Day-to-day operations will be handled by a dedicated GCP team, but the program will be overseen by a GCP-selected “hosted 5 with deep gaming experience, initiative system, analytics/reporting, and/or DAO management maintenance.” The DAO has a system of vetoing investment decisions and appointments of team members. The GCP team's budget was set at $25 million for slack expenses; DAO needs to be completed for excess expenses. #ARB🔥🔥🔥 #altcoins
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Hello, Binance Square! I don’t know why people are so scared about the sudden drop of crypto prices. There are also some scams out there, trying to influence you to sell your coins. Do not do that. I think it is the best moment to hold or buy more. I lost about 1000 dollars today of my savings in crypto (i have more than that in Binance). Maybe i’ll keep losing more but the important thing here is that it is your savings, maybe tomorrow the market is bullish and you can recover some of that. If you have some savings that you cannot afford to lose, use stablecoins. #TopCoinsJune2024 #ETHETFsApproved #Binance55thProject(IO) #BTC #bitcoin $NOT $PEPE $BOME
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BREAKING: $300 million has been LIQUIDATED from the crypto market in the past 60 minutes. I always love the blood bath. Remember, even in a bull market, there are sections of bloodiness! #Bitcoin #Binance #ETHEREUM #Solana #NFT $SOL $ORDI $NOT
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Reason of #crypto market #BTC☀ sudden crash is 👉 SEC Chair Gary Gensler says "crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do," for more information follow and like my post. #BlackRock #altcoins #BnbAth $BTC $ETH $BNB
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🚀🚀🚀😱Altcoins with Big Bang Potential: 5X May Be Possible😱🚀🚀🚀 1. Floki (#FLOKI ) $FLOKI , a meme coin influenced by Elon Musk’s Shiba Inu, has become a center of investor enthusiasm. With a significant increase of 24.23% over the last day, hitting an all-time high of $0.0003462 FLOKI now has a market cap surpassing $3 billion, highlighting its increasing importance in the world of cryptocurrencies. FLOKI’s rapid surge in value is fueled by increased trading volume and a circulating supply of over 4 trillion tokens. This indicates a strong interest in meme-based cryptocurrencies among retail investors looking for lucrative prospects. 2. $ORDI (#ORDI ) Meanwhile, ORDI, a less dominant altcoin, has slowly but surely moved up in the rankings. The token has experienced a 19.34% increase in the last day, pushing its market capitalization to over $1 billion, highlighting its strength and potential for continued expansion. Although ORDI has a lower trading volume than other altcoins, its strong performance demonstrates the variety of investment options available in the crypto market. This appeals to both popular and specialized projects. 3. Uniswap (#UNI ) Uniswap price has also experienced substantial progress, driven by a 17.98% increase in the last 24 hours. Approaching a $7 billion market cap, $UNI is strengthening its role as a central part of the decentralized finance (DeFi) industry, giving users convenient entry to various digital assets. UNI’s importance in supporting liquidity provision and token exchanges remains crucial as the DeFi ecosystem grows and evolves. This contributes to the growth in its value, despite increased market volatility. #altcoins #ETHETFsApproved $SOL
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