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Binance Announces New HODLer Airdrops for Simon's Cat and Pudgy Penguins Binance has announced its latest offerings in the HODLer Airdrops program, introducing Simon's Cat (1000CAT) and Pudgy Penguins (PENGU). Users who subscribed their BNB to Simple Earn products from Dec. 9 to Dec. 12, 2024, will be eligible for airdrop distributions. The HODLer Airdrops rewards for Simon's Cat will total approximately 1.14 trillion CAT tokens, representing 12.7% of its maximum supply of 9 trillion tokens. The current circulating supply stands at about 6.75 trillion CAT, and upon listing, it will increase to approximately 7.89 trillion. The token will be listed on Binance starting Dec. 17, 2024, at 9:00 a.m. UTC, with trading available against USDT, BNB, FDUSD and TRY pairs. The smart contract for 1000CAT is hosted on the BNB Chain. Pudgy Penguins, on the other hand, will see airdrop rewards of around 2.67 billion PENGU tokens, which is 3% of its total supply of 88.89 billion tokens. The circulating supply upon listing is projected to be about 62.42 billion PENGU. This token will be available for trading on the same date, Dec. 17, 2024, at 2:00 p.m. UTC, with similar trading pairs as 1000CAT. The PENGU smart contract is on the Solana network. The HODLer Airdrops program incentivizes users holding BNB by distributing additional tokens based on their historical balances. Users can automatically qualify for these rewards by subscribing to Simple Earn products, which will allow Binance to take snapshots of their balances to determine eligibility. Research reports for both tokens will be published shortly after this announcement, with Simon's Cat expected within 24 hours and Pudgy Penguins within 12 hours.
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$LINK Coinbase Partnership Spark a Bull Rally? LNEX Soars By 283% As Bonk Dips to a Critical Zone Chainlink’s partnership with Coinbase’s Project Diamond aims to deliver essential data and enable comprehensive lifecycle management of the newly tokenized assets on the platform. This move could propel an upward trend in Chainlink’s price movement, which has dipped by over 7% in a week. Similarly, Bonk’s price has dropped over 10% in a week. The price stopped at the 50-day SMA, now a key support level. Lunex Network, on the other hand, continues to enjoy a bullish outlook, surging by over 283% to $0.0046. This impressive gain has seen the project raise over $5.2 million in revenue as investors anticipate more gains before the year ends. Lunex Network Surges By Over 283% Lunex Network presale continues to create more excitement by providing exceptional privacy and security. Each transaction in Lunex Network will be safely executed on-chain without the need for personal information. This will allow traders to confidently engage in trading activities, knowing their investments are secure. However, this is not all. Lunex Network employs an aggregator protocol, procuring liquidity from many exchanges and guaranteeing optimal pricing. This function helps enhance the trading efficiency and fluidity of both seasoned and novice traders in the crypto market. It also delivers sophisticated analytics directly to data enthusiasts. By utilizing real-time data and predictive market research, Lunex Network will provide its traders with the needed skills to make the best choices. These features have already made Lunex Network stand out, with a presale revenue of over $5.2 million, the LNEX price has recorded an impressive gain, with an over 283% surge to $0.0046. Chainlink Price Prediction: Will LINK Partnership with Coinbase Lead to A Bullish Outlook? Chainlink’s collaboration with Coinbase will enable financial institutions to utilize verifiable data via LINK, enhancing their operations. This move could help Chainlink regain a bullish outlook.
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#BTCNewATH $SUI Babylon Labs and Lombard Protocol are preparing to bring liquid Bitcoin staking to Sui, the burgeoning layer-1 blockchain network, Sui and Babylon disclosed on Nov. 25. Starting in December, Bitcoin holders on Sui will be able to stake BTC to Babylon, a Bitcoin layer 2 (L2) network, and mint LBTC, Lombard’s liquid staking token (LST), according to the announcement. The initiative “aims to onboard Bitcoin liquidity to the Sui ecosystem, growing the decentralized finance ecosystem with LBTC as a collateral asset, and inviting Bitcoin holders to do more with their Bitcoin via LBTC,” Sui and Babylon said. They said LBTC “will become a core asset in Sui’s DeFi ecosystem, enabling lending, borrowing and trading to unlock Bitcoin’s $1.8 trillion USD worth of liquidity on Sui.” Cubist, a blockchain developer, will build infrastructure for depositing, minting, staking, and bridging BTC to Sui. “Bitcoin’s $1.8 trillion market capitalization represents immense untapped potential,” Jacob Phillips, Lombard’s co-founder, said in a statement. Cubist seeks to facilitate “a future where Bitcoin holders can fully participate in the next generation of onchain finance without compromising security or liquidity,” he added. Launched in 2023, Sui has attracted approximately $1.4 billion in total value locked (TVL), according to data provided by DefiLlama. Dubbed a Solana killer, Sui specializes in high-performance decentralized applications (DApps). Bitcoin LSTs command some $4.5 billion in TVL, according to stakingrewards.com. At around $1.5 billion in TV, Solv BTC (SolvBTC) is the most popular among Bitcoin LSTs. It is followed by Lombard, with a TVL of approximately $1 billion. Bitcoin LSTs are tokenized claims on Bitcoin staked to L2s, including CoreChain and Babylon. Similar to proof-of-stake (PoS) networks such as Ethereum, Bitcoin L2 stakers lock up BTC as collateral to secure the networks in exchange for rewards. Lombard’s LBTC is the largest LST on Babylon, which has yet to start distributing staking rewards.
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Will Cardano (ADA) Reach $2 Before Dogecoin? This Viral Altcoin Eyes a 4,000% Surge Cardano (ADA) recently broke past the $1 mark after a prolonged struggle, sparking fresh speculation about its potential to hit $2 before Dogecoin (DOGE), which has also seen notable price swings. While these established coins battle for dominance, Lunex Network is capturing attention with its extraordinary growth potential. Promising a staggering 2,000% surge, Lunex Network is emerging as a standout player. $LNEX’s ongoing ICO has already raised over $4 million, signaling strong investor confidence. Cardano (ADA) Eyes a 66% Surge in December: Can It Hit $2 Soon? Cardano (ADA) is primed for a potential 66% surge in December, mirroring its historical bullish trend during the month. According to Cryptorank data, Cardano has consistently delivered an average December growth rate of 66.8%, positioning it for a strong end to the year. Currently trading at $1.14, Cardano recently gained 6.60% within 24 hours, while its trading volume skyrocketed by 214.52% to $4.29 billion, signaling renewed investor enthusiasm. This positive momentum aligns with bullish patterns from prior December. In 2021, for instance, peaked at $1.72 in December, just months after nearing its $3 all-time high. Analysts are optimistic that Cardano could repeat such a rally, particularly if its current upward trend holds. Fibonacci projections even suggest ambitious price targets, with $2.453 and $8.30 emerging as key levels. Cardano’s fundamentals further bolster its prospects. Innovations like Quantum Hosky and the Chang hard fork update have fueled hype, enhancing its potential to outperform peers like Dogecoin (DOGE). #MarketCorrectionBuyOrHODL?
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