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XRP Could Begin Its Downtrend Today?
According to him, XRP could start collapsing from today. Following his analysis yesterday, XRP closed the day with a 2.34% drop, breaking the winning streak that began on Dec. 10. However, XRP has shown mild resilience this morning, trading flat at press time.
In his commentary, The Block Bull predicted that the forthcoming XRP collapse could result in a crash to $1.5 by next week. It bears mentioning that since XRP crossed the $1.5 level on Nov. 29, it has not revisited this price mark.
Interestingly, the market analyst still does not expect XRP to maintain the support at $1.5. According to him, a further slump could ensue, potentially pushing XRP back to the $0.5 level between Christmas and New Year. For context, XRP battled $0.5 for most of 2022 and 2023, but eventually conquered it in November 2024
According to him, XRP could start collapsing from today. Following his analysis yesterday, XRP closed the day with a 2.34% drop, breaking the winning streak that began on Dec. 10. However, XRP has shown mild resilience this morning, trading flat at press time.
In his commentary, The Block Bull predicted that the forthcoming XRP collapse could result in a crash to $1.5 by next week. It bears mentioning that since XRP crossed the $1.5 level on Nov. 29, it has not revisited this price mark.
Interestingly, the market analyst still does not expect XRP to maintain the support at $1.5. According to him, a further slump could ensue, potentially pushing XRP back to the $0.5 level between Christmas and New Year. For context, XRP battled $0.5 for most of 2022 and 2023, but eventually conquered it in November 2024
KAIA
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Binance Square Official
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Join the #RideTheKaiaWave Campaign and Win Up to $10,000 in KAIA!
We are excited to announce an exclusive campaign sponsored by @Kaia Chain . Kaia is the EVM Layer1 public blockchain integrated with Asia’s largest messengers. Through the Kaia Wave builder support program, Mini Dapps will be able to instantly reach over 200M+ users on LINE messenger.
🗓 Duration: December 16, 2024 (00:00 UTC) – December 23, 2024 (23:59 UTC)
🎁 Rewards: $10,000 in KAIA prize pool for the top 50 posts!
How to Participate:
Follow @Kaia Chain on Binance Square.Create and post original content on Binance Square with #RideTheKaiaWave . Share your ideas for Mini Dapps you’d love to see on the LINE messenger. Your post must be at least 300 characters long.Share your post on X and tag @Kaia Chain with the hashtag #RideTheKaiaWave. Encourage your followers to engage with your post to increase its visibility and interactions.
Your Post Must Answer at Least One of These Questions:
What innovative consumer-facing Mini Dapps ideas you’d like to see on LINE?What unique experiences could Mini Dapps offer in the lives of users on LINE?How can Mini Dapps bring creators and developers communities closer together?
Winner Selection:
The top 50 posts based on unique engagement (likes, comments, shares) and minimum impressions per rank will share $10,000 worth of $KAIA:
Top 1-10 posts: $400 worth of $KAIA each (Minimum 5,000 impressions required)Top 11-25 posts: $200 worth of $KAIA each (Minimum 3,000 impressions required)Top 26-50 posts: $120 worth of $KAIA each (Minimum 1,000 impressions required)
Guidelines:
Posts must be submitted by December 23, 2024 (23:59 UTC) to qualify.Content must be original, at least 300 characters, and relevant to Kaia and campaign task.Misusing hashtags, using misleading headlines and leads, or posting irrelevant content will lead to disqualification.Multiple high-quality entries are encouraged for higher chances of winning.Users must have posted at least one piece of content in the last 30 days to participate.Posts must receive at least 5 total engagements (likes, comments, or shares) to qualify for the reward ranking.Posts must meet both engagement and impressions requirements to qualify for the reward ranking.Engagement metrics (likes, comments, shares) combined with impressions will determine ranking.
About KAIA:
Kaia is a high performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favourite messenger superapp to connect, create, collaborate, and contribute to the ecosystem.
For more information, visit:
Website: kaia.ioX: https://x.com/KaiaChain Discord: https://discord.com/KaiaChain Telegram: https://t.me/KaiaChain_EN Facebook: https://www.facebook.com/KaiaChain Medium: https://medium.com/KaiaChain Reddit: https://www.reddit.com/r/KaiaChain/
Terms and Conditions:
This campaign may not be available in your region.Only content tagged with #RideTheKaiaWave during the event (including posts and articles) will qualify.Content relevance must be 70% or higher. Misusing tags or posting irrelevant content will lead to disqualification.Users must have posted at least one piece of content in the last 30 days to participate.Only new, original content is eligible. Previously submitted work is not eligible.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 300 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.Rewards in the form of token vouchers will be distributed within 30 working days after the activity ends. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
🗓 Duration: December 16, 2024 (00:00 UTC) – December 23, 2024 (23:59 UTC)
🎁 Rewards: $10,000 in KAIA prize pool for the top 50 posts!
How to Participate:
Follow @Kaia Chain on Binance Square.Create and post original content on Binance Square with #RideTheKaiaWave . Share your ideas for Mini Dapps you’d love to see on the LINE messenger. Your post must be at least 300 characters long.Share your post on X and tag @Kaia Chain with the hashtag #RideTheKaiaWave. Encourage your followers to engage with your post to increase its visibility and interactions.
Your Post Must Answer at Least One of These Questions:
What innovative consumer-facing Mini Dapps ideas you’d like to see on LINE?What unique experiences could Mini Dapps offer in the lives of users on LINE?How can Mini Dapps bring creators and developers communities closer together?
Winner Selection:
The top 50 posts based on unique engagement (likes, comments, shares) and minimum impressions per rank will share $10,000 worth of $KAIA:
Top 1-10 posts: $400 worth of $KAIA each (Minimum 5,000 impressions required)Top 11-25 posts: $200 worth of $KAIA each (Minimum 3,000 impressions required)Top 26-50 posts: $120 worth of $KAIA each (Minimum 1,000 impressions required)
Guidelines:
Posts must be submitted by December 23, 2024 (23:59 UTC) to qualify.Content must be original, at least 300 characters, and relevant to Kaia and campaign task.Misusing hashtags, using misleading headlines and leads, or posting irrelevant content will lead to disqualification.Multiple high-quality entries are encouraged for higher chances of winning.Users must have posted at least one piece of content in the last 30 days to participate.Posts must receive at least 5 total engagements (likes, comments, or shares) to qualify for the reward ranking.Posts must meet both engagement and impressions requirements to qualify for the reward ranking.Engagement metrics (likes, comments, shares) combined with impressions will determine ranking.
About KAIA:
Kaia is a high performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favourite messenger superapp to connect, create, collaborate, and contribute to the ecosystem.
For more information, visit:
Website: kaia.ioX: https://x.com/KaiaChain Discord: https://discord.com/KaiaChain Telegram: https://t.me/KaiaChain_EN Facebook: https://www.facebook.com/KaiaChain Medium: https://medium.com/KaiaChain Reddit: https://www.reddit.com/r/KaiaChain/
Terms and Conditions:
This campaign may not be available in your region.Only content tagged with #RideTheKaiaWave during the event (including posts and articles) will qualify.Content relevance must be 70% or higher. Misusing tags or posting irrelevant content will lead to disqualification.Users must have posted at least one piece of content in the last 30 days to participate.Only new, original content is eligible. Previously submitted work is not eligible.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 300 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.Rewards in the form of token vouchers will be distributed within 30 working days after the activity ends. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Early Adopters Have an Edge
Investors who entered DOGE early have the most significant advantage. For example, someone who acquired $100,000 worth of DOGE just five weeks ago when it was worth $0.08 would have secured 1.25 million tokens.
At DOGE’s current price of $0.40, those tokens are already worth $500,000. If DOGE hits $0.80, the same investor would realize $1.25 million.
Essentially, while Dogecoin offers the potential for life-changing gains, retiring on DOGE requires careful planning, significant capital, or early adoption.
Although these projections may seem appealing, it’s crucial to recognize that they are based on speculative evaluations. There is no certainty that Dogecoin will hit $10 or any other target high enough to allow an investor to retire.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
Investors who entered DOGE early have the most significant advantage. For example, someone who acquired $100,000 worth of DOGE just five weeks ago when it was worth $0.08 would have secured 1.25 million tokens.
At DOGE’s current price of $0.40, those tokens are already worth $500,000. If DOGE hits $0.80, the same investor would realize $1.25 million.
Essentially, while Dogecoin offers the potential for life-changing gains, retiring on DOGE requires careful planning, significant capital, or early adoption.
Although these projections may seem appealing, it’s crucial to recognize that they are based on speculative evaluations. There is no certainty that Dogecoin will hit $10 or any other target high enough to allow an investor to retire.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
Retiring with Dogecoin
The idea of retiring on Dogecoin hinges on two factors: the amount invested and DOGE’s future price appreciation. Retirement thresholds vary widely depending on geography, lifestyle, and economic conditions.
For example, in low-cost regions, $500,000 to $1 million may suffice for retirement. Meanwhile, in higher-cost areas like major U.S. cities, a comfortable retirement could require $2 million or more.
Given these benchmarks, let’s examine what it would take for DOGE to help an investor achieve financial independenc
The idea of retiring on Dogecoin hinges on two factors: the amount invested and DOGE’s future price appreciation. Retirement thresholds vary widely depending on geography, lifestyle, and economic conditions.
For example, in low-cost regions, $500,000 to $1 million may suffice for retirement. Meanwhile, in higher-cost areas like major U.S. cities, a comfortable retirement could require $2 million or more.
Given these benchmarks, let’s examine what it would take for DOGE to help an investor achieve financial independenc
Here is How Much Dogecoin You Need to Hold for Retirement if DOGE Hits $4
This piece analyzes how much Dogecoin (DOGE) you need to hold for retirement if its price reaches $4, with insights on investment strategies and potential returns.
As 2024 wraps up, Dogecoin has been one of the top-performing crypto assets in the market. At its current price of $0.4000, it boasts a year-to-date return of 355%.
Meanwhile, considering Dogecoin’s lowest value of the year at $0.07497 and its 2024 peak of $0.4835, holders have seen a 545% return on investment.
This performance affirms Dogecoin’s prospects for holders, and optimism continues to run high that the meme coin could indeed be a path to life-changing wealth for its investors.
For instance, widely followed market commentator Altcoin Moe recently boldly asserted that Dogecoin would retire many people, proposing a 6X potential return.
This piece analyzes how much Dogecoin (DOGE) you need to hold for retirement if its price reaches $4, with insights on investment strategies and potential returns.
As 2024 wraps up, Dogecoin has been one of the top-performing crypto assets in the market. At its current price of $0.4000, it boasts a year-to-date return of 355%.
Meanwhile, considering Dogecoin’s lowest value of the year at $0.07497 and its 2024 peak of $0.4835, holders have seen a 545% return on investment.
This performance affirms Dogecoin’s prospects for holders, and optimism continues to run high that the meme coin could indeed be a path to life-changing wealth for its investors.
For instance, widely followed market commentator Altcoin Moe recently boldly asserted that Dogecoin would retire many people, proposing a 6X potential return.
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XRP Bull Flag
While market participants expect an uptrend continuation to much higher levels, technical indicators suggest that XRP’s recent comeback may be on hold for a while, with signals pointing to a potential another bearish market.
In a tweet, Ali Martinez highlighted that while XRP’s price patterns continue to form a bull flag, the TD Sequential indicator has presented a sell signal on XRP’s four-hour chart. Based on this, he emphasized that XRP could face another correction before the much-anticipated breakout beyond the $2 price range
Martinez believes the run toward $4 will begin after the anticipated brief pullback. He first pointed out the potential for a $4 price run on Monday during the dip, noting that the asset was forming a fourth bullish pennant.
Previous instances saw XRP rise from $0.69 to $1.10, followed by a correction and then a resumption to $1.50. The cool-off from this movement eventually propelled XRP to $2.87.
With the current pullback, the next resumption is expected to push XRP to $4.40, according to Ali Martinez.
Notably, as of press time, XRP has already dipped by 4%, touching lows of $2.30 after reaching $2.46 yesterday.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
credis : cryptobasic
While market participants expect an uptrend continuation to much higher levels, technical indicators suggest that XRP’s recent comeback may be on hold for a while, with signals pointing to a potential another bearish market.
In a tweet, Ali Martinez highlighted that while XRP’s price patterns continue to form a bull flag, the TD Sequential indicator has presented a sell signal on XRP’s four-hour chart. Based on this, he emphasized that XRP could face another correction before the much-anticipated breakout beyond the $2 price range
Martinez believes the run toward $4 will begin after the anticipated brief pullback. He first pointed out the potential for a $4 price run on Monday during the dip, noting that the asset was forming a fourth bullish pennant.
Previous instances saw XRP rise from $0.69 to $1.10, followed by a correction and then a resumption to $1.50. The cool-off from this movement eventually propelled XRP to $2.87.
With the current pullback, the next resumption is expected to push XRP to $4.40, according to Ali Martinez.
Notably, as of press time, XRP has already dipped by 4%, touching lows of $2.30 after reaching $2.46 yesterday.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
credis : cryptobasic
XRP Whales Bought 1.1B XRP in 30 Days
This latest accumulation is in line with a consistent trend over the past 30 days, during which these whales have continued consolidating their holdings. In mid-November, their collective holdings stood at 3.71 billion XRP.
With the current level at 4.8 billion tokens, they have added approximately 1.1 billion XRP to their portfolio within a month. During this period, the asset’s price has risen from around $0.50 to $2.87.
Interestingly, when XRP first reached its seven-year high of $2.87 in the first week of December, these whales took some profit, as illustrated by the slight dip in their holdings. However, they have since used the price dip to buy more XRP at lower prices.
Their savvy move is already paying off gradually, as XRP has risen to $2.43 since the Tuesday crash
This latest accumulation is in line with a consistent trend over the past 30 days, during which these whales have continued consolidating their holdings. In mid-November, their collective holdings stood at 3.71 billion XRP.
With the current level at 4.8 billion tokens, they have added approximately 1.1 billion XRP to their portfolio within a month. During this period, the asset’s price has risen from around $0.50 to $2.87.
Interestingly, when XRP first reached its seven-year high of $2.87 in the first week of December, these whales took some profit, as illustrated by the slight dip in their holdings. However, they have since used the price dip to buy more XRP at lower prices.
Their savvy move is already paying off gradually, as XRP has risen to $2.43 since the Tuesday crash
Here Are Two Factors That Can Rise XRP To $4
While the recent market crash prompted many investors to exit the XRP market, on-chain data reveals that whales seized the opportunity to increase their XRP holdings.
Whale accumulating XRP and Bull flag formation are two factors that can take XRP to $4.
Based on data from Santiment, XRP whales holding between 1 million and 10 million XRP acquired an additional 100 million XRP tokens between December 7 and 10. During this period, the price of XRP dropped by 27.2%, from $2.61 to $1.90.
These whales’ holdings did not decrease during XRP’s downturn. Instead, their cumulative balance rose from approximately 4.71 billion XRP tokens to around 4.80 billion as they deployed an additional $200 million in capital
While the recent market crash prompted many investors to exit the XRP market, on-chain data reveals that whales seized the opportunity to increase their XRP holdings.
Whale accumulating XRP and Bull flag formation are two factors that can take XRP to $4.
Based on data from Santiment, XRP whales holding between 1 million and 10 million XRP acquired an additional 100 million XRP tokens between December 7 and 10. During this period, the price of XRP dropped by 27.2%, from $2.61 to $1.90.
These whales’ holdings did not decrease during XRP’s downturn. Instead, their cumulative balance rose from approximately 4.71 billion XRP tokens to around 4.80 billion as they deployed an additional $200 million in capital
5 Cryptocurrencies Under $0.10 To Watch Out For
There are thousands of digital currencies in the market today and this article spotlights 5 of the most promising altcoins to watch out for this year.
Numerous emerging cryptocurrencies make their way into the digital currency ecosystem every day. As a result, users looking for assets to explore may be caught up in the noise.
Investors are often impatient to pitch their tent on a coin since it takes a considerable length of time for crypto projects to establish their authority in the industry.
This compilation is not financial advice. However, it can give an educational insight into some of the promising crypto projects with price tags under the $0.1 mark
Radix (XRD)
Celer Network (CELR)
Vanar Chain (VANRY)
VeChain (VET)
Shiba Inu (SHIB)
There are thousands of digital currencies in the market today and this article spotlights 5 of the most promising altcoins to watch out for this year.
Numerous emerging cryptocurrencies make their way into the digital currency ecosystem every day. As a result, users looking for assets to explore may be caught up in the noise.
Investors are often impatient to pitch their tent on a coin since it takes a considerable length of time for crypto projects to establish their authority in the industry.
This compilation is not financial advice. However, it can give an educational insight into some of the promising crypto projects with price tags under the $0.1 mark
Radix (XRD)
Celer Network (CELR)
Vanar Chain (VANRY)
VeChain (VET)
Shiba Inu (SHIB)
Collateralization Model Sets XRP Fair Market Value at $122,580
XRP fair market value exceeds the $122,000 price mark, according to an assessment from the Collateralization model from Valhil Capital.
XRP has been one of the top performers over the past six weeks, having recently reclaimed and retained the $2 level. Despite this, some commentaries suggest the altcoin still trades below its fair market value due to several factors contributing to price suppression
XRP fair market value exceeds the $122,000 price mark, according to an assessment from the Collateralization model from Valhil Capital.
XRP has been one of the top performers over the past six weeks, having recently reclaimed and retained the $2 level. Despite this, some commentaries suggest the altcoin still trades below its fair market value due to several factors contributing to price suppression
According to the Binance announcement, open trading will be available for VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs starting on Dec. 16 at 10:00 UTC. Binance will also apply the seed tag to the Vana token due to its freshly launched status.
Binance sets an hourly hard cap per user of 8,500 VANA in the BNB pool and 1,500 VANA in the FDUSD pool. Binance also supports VANA farming amounting to 2.4 million tokens worth of total daily rewards.
With a maximum token supply of 120 million VANA, the Vana network has allocated 44% of its token supply to the Vana community with a 36-month-long unlocking period and 22.9% for the ecosystem with an unlocking period of 48 months. Meanwhile, core contributors and investors get 18.8% and 14.2% respectively, with an unlocking period spanning years.
Binance sets an hourly hard cap per user of 8,500 VANA in the BNB pool and 1,500 VANA in the FDUSD pool. Binance also supports VANA farming amounting to 2.4 million tokens worth of total daily rewards.
With a maximum token supply of 120 million VANA, the Vana network has allocated 44% of its token supply to the Vana community with a 36-month-long unlocking period and 22.9% for the ecosystem with an unlocking period of 48 months. Meanwhile, core contributors and investors get 18.8% and 14.2% respectively, with an unlocking period spanning years.
VANA is currently trading hands at $0.0015. Its trading volume in the past 24 hours saw a surge of 2432% to $616,640. Meanwhile its market cap has gone up by 609% to $90,750.
It appears Binance Launchpool’s VANA announcement accidentally brought a nearly dead token back to life. The X account linked to the Nirvana project was last seen posting in June 2024 but has stopped ever since.
The Vana network promotes itself as “the first open protocol for AI data sovereignty.” Its native token has not been launched yet, but the protocol stated that the token will be used to power its ecosystem and support user-owned, decentralized data transaction
It appears Binance Launchpool’s VANA announcement accidentally brought a nearly dead token back to life. The X account linked to the Nirvana project was last seen posting in June 2024 but has stopped ever since.
The Vana network promotes itself as “the first open protocol for AI data sovereignty.” Its native token has not been launched yet, but the protocol stated that the token will be used to power its ecosystem and support user-owned, decentralized data transaction
The VANA token linked to a metaverse-centered initiative called the Nirvana project skyrocketed to great heights after Binance Launchpool released an announcement saying it will list a native token from the Vana explorer, native EVM-compatible L1 blockchain for user-owned data.
Although the Nirvana token bears no connection to the VANA token Binance plans to list on Dec. 16 at 10:00 UTC, it seems crypto traders mistook the VANA token linked to the Nirvana project due to the Vana explorer token not being available on the market yet.
In the hours since Binance announced its plans to list VANA, the Nirvana token has formed a candlestick, wildly surging up to 2700% since its launch according to CoinMarketCap. At the time of writing, the token has gone up by more than 1200% after months of mostly stagnant activity on the charts.
Although the Nirvana token bears no connection to the VANA token Binance plans to list on Dec. 16 at 10:00 UTC, it seems crypto traders mistook the VANA token linked to the Nirvana project due to the Vana explorer token not being available on the market yet.
In the hours since Binance announced its plans to list VANA, the Nirvana token has formed a candlestick, wildly surging up to 2700% since its launch according to CoinMarketCap. At the time of writing, the token has gone up by more than 1200% after months of mostly stagnant activity on the charts.
VANA token skyrockets more than 2700% after Binance Launchpool announcement
The Nirvana project token, VANA, forms a candlestick, surging as high as 2700% after Binance Launchpool announced it will list a native EVM-compatible L1 blockchain token of the same name
The Nirvana project token, VANA, forms a candlestick, surging as high as 2700% after Binance Launchpool announced it will list a native EVM-compatible L1 blockchain token of the same name
Announcement
Support Center
Announcement
New Cryptocurrency Listing
Introdu...d FDUSD
Introducing Vana (VANA) on Binance Launchpool! Farm VANA by Locking BNB and FDUSD
2024-12-13 14:29
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-12-16 10:00 (UTC). Any claims to offer this token for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 62nd project on Binance Launchpool - Vana (VANA), a native EVM-compatible L1 blockchain for user-owned data. The webpage is estimated to be available in 12 hours, before the Launchpool starts.
Users will be able to lock their BNB and FDUSD to receive VANA Airdrops over two days, with farming starting from 2024-12-14 00:00 (UTC).
Listing
Binance will then list VANA at 2024-12-16 10:00 (UTC) and open trading with VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs. The Seed Tag will be applied to VANA.
VANA Launchpool Details:
Token Name: Vana (VANA)
Max Token Supply: 120,000,000 VANA
Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply)
Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)
Initial Circulating Supply When Listed on Binance Spot: 30,084,000 VANA (25.07% of max token supply)
Research Report: Vana (VANA) (will be available within 12 hours of publishing this announcement）
Layer 1 Network Details: Vana explorer
Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required
Hourly Hard Cap per User:
8,500 VANA in BNB pool
1,500 VANA in FDUSD pool
Supported Pools:
Lock BNB (webpage will be available in around 12 hours): 4,080,000 VANA in rewards (85%)
Lock FDUSD (webpage will be available in around 12 hours): 720,000 VANA in rewards (15%)
Farming Period: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC).
Support Center
Announcement
New Cryptocurrency Listing
Introdu...d FDUSD
Introducing Vana (VANA) on Binance Launchpool! Farm VANA by Locking BNB and FDUSD
2024-12-13 14:29
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-12-16 10:00 (UTC). Any claims to offer this token for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 62nd project on Binance Launchpool - Vana (VANA), a native EVM-compatible L1 blockchain for user-owned data. The webpage is estimated to be available in 12 hours, before the Launchpool starts.
Users will be able to lock their BNB and FDUSD to receive VANA Airdrops over two days, with farming starting from 2024-12-14 00:00 (UTC).
Listing
Binance will then list VANA at 2024-12-16 10:00 (UTC) and open trading with VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs. The Seed Tag will be applied to VANA.
VANA Launchpool Details:
Token Name: Vana (VANA)
Max Token Supply: 120,000,000 VANA
Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply)
Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)
Initial Circulating Supply When Listed on Binance Spot: 30,084,000 VANA (25.07% of max token supply)
Research Report: Vana (VANA) (will be available within 12 hours of publishing this announcement）
Layer 1 Network Details: Vana explorer
Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required
Hourly Hard Cap per User:
8,500 VANA in BNB pool
1,500 VANA in FDUSD pool
Supported Pools:
Lock BNB (webpage will be available in around 12 hours): 4,080,000 VANA in rewards (85%)
Lock FDUSD (webpage will be available in around 12 hours): 720,000 VANA in rewards (15%)
Farming Period: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC).
Vana is an EVM-compatible Layer 1 blockchain network that enables users to transform personal data into financial assets by aggregating private datasets for AI model training. This approach allows individuals to tokenize and monetize their data through Data Decentralized Autonomous Organizations (Data DAOs), granting them ownership and control over their digital footprints.
Key Features of Vana:
Data Liquidity Pools (DLPs): Vana introduces Data Liquidity Pools, where users can contribute data, which is then validated and tokenized. These pools facilitate the creation of data tokens, representing ownership and value of the contributed data.
Proof of Contribution: To ensure data quality and integrity, Vana employs a Proof-of-Contribution system. This mechanism validates data submissions, ensuring they meet the standards required by the network.
Incentive Structures: Participants in the Vana ecosystem, including data contributors, validators, and DLP creators, are rewarded with $VANA tokens. This incentivizes active participation and the provision of high-quality data.
Key Features of Vana:
Data Liquidity Pools (DLPs): Vana introduces Data Liquidity Pools, where users can contribute data, which is then validated and tokenized. These pools facilitate the creation of data tokens, representing ownership and value of the contributed data.
Proof of Contribution: To ensure data quality and integrity, Vana employs a Proof-of-Contribution system. This mechanism validates data submissions, ensuring they meet the standards required by the network.
Incentive Structures: Participants in the Vana ecosystem, including data contributors, validators, and DLP creators, are rewarded with $VANA tokens. This incentivizes active participation and the provision of high-quality data.
$VANA 🚀 NFT Value Soars 50% After Token Launch Announcement on binance #Launchpool
• The excitement is real! Following the announcement of the @WithVana token launch on Binance Launchpool, our NFT value has surged an incredible 50%!
💡 Seize the moment—be part of this innovative growth journey
• The excitement is real! Following the announcement of the @WithVana token launch on Binance Launchpool, our NFT value has surged an incredible 50%!
💡 Seize the moment—be part of this innovative growth journey
XRP Investment Strategy for Long-Term Holders
Notably, for those willing to take on higher risk, EGRAG suggested they reinvest profits into low- or mid-cap projects with high growth potential. While this can yield exponential returns, it requires a deep understanding of the market.
On the other hand, long-term holders might choose to forgo short-term selling altogether, instead opting to accumulate XRP for 10–15 years. This strategy appeals to those with a long-term vision and less immediate need for liquidity.
Another approach is on building generational wealth by retaining a significant portion of XRP holdings to pass down to future generations. This method aligns with investors looking to secure a legacy for their family.
EGRAG encouraged investors to develop custom strategies tailored to their individual goals and to share these approaches within the community. His own strategy is from his unique financial background and family priorities.
After spending two decades in investment sales and resigning from his role in early 2024, he now combines various methods to balance profit-taking with future growth potential.
He plans to recover his initial capital through percentage-based selling while gradually releasing 10% of his holdings at specific price milestones. Once XRP reaches the $27 to $33 range, he intends to hold a “moon bag” for further appreciation.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses
Notably, for those willing to take on higher risk, EGRAG suggested they reinvest profits into low- or mid-cap projects with high growth potential. While this can yield exponential returns, it requires a deep understanding of the market.
On the other hand, long-term holders might choose to forgo short-term selling altogether, instead opting to accumulate XRP for 10–15 years. This strategy appeals to those with a long-term vision and less immediate need for liquidity.
Another approach is on building generational wealth by retaining a significant portion of XRP holdings to pass down to future generations. This method aligns with investors looking to secure a legacy for their family.
EGRAG encouraged investors to develop custom strategies tailored to their individual goals and to share these approaches within the community. His own strategy is from his unique financial background and family priorities.
After spending two decades in investment sales and resigning from his role in early 2024, he now combines various methods to balance profit-taking with future growth potential.
He plans to recover his initial capital through percentage-based selling while gradually releasing 10% of his holdings at specific price milestones. Once XRP reaches the $27 to $33 range, he intends to hold a “moon bag” for further appreciation.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses