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⚠️ 6 Cryptocurrencies To Avoid Trading This Week As Token Unlocks Loom
Token unlocks refers to a phenomenon that ensures the release of previously locked tokens into the market, ramping up the supply. This stages as a potentially bearish event, prompting traders to steer clear of trading certain cryptos.
Arbitrum (#ARB )
Trading at $0.9227, down 2.99% over the past day, ARB remains at the top of the list, poised to witness token unlocks worth $86.23 million. Data from the Token Unlocks App shows that 96.13 million ARB, equivalent to 3.32% of the circulation supply, will be unlocked on June 16. This has caused speculations over a potential waning price trajectory for ARB ahead.
Space ID (#ID )
Meanwhile, ID traded at $0.5654, down 4.15% over the past day. The crypto stands firm to experience a token unlock of 78.49 million ID, worth $44.37 million, equivalent to 18.23% of the circulating supply on June 22. This significant unlock could trigger a slumping price action for ID ahead.
Pixels (#PIXEL )
The PIXEL crypto witnessed a 3.84% plunge to $0.3621 today, readying for a $19.65 million worth of token unlock. Notably, 54.38 million PIXEL, equal to 7.05% of the circulating supply, will be unlocked on June 19.
ApeCoin ($APE )
APE traded at $1.05 today, down 2.78% from yesterday. The token prepares for an unlock of $16.35 million worth of coins, equivalent to 2.48% of the circulating supply. A total of 15.60 million APE will be unlocked on June 17, igniting investor concerns about the token’s future price movements.
Manta Network ($MANTA )
MANTA traded at $1.27, correcting 8.49% over the past day. The token prepares for a $10.8 million worth of unlock on June 18. Data suggests that 7.87 million MANTA, worth 2.42% of the circulating supply, will be released in the market.
Render ($RNDR )
RNDR experienced a 2.56% fall to $8.05 today. The token readies for a $6.12 million worth of unlock on June 16. 760.57K RNDR coins, equivalent to 0.20% of the circulating supply, will be unlocked on the abovementioned date.
Token unlocks refers to a phenomenon that ensures the release of previously locked tokens into the market, ramping up the supply. This stages as a potentially bearish event, prompting traders to steer clear of trading certain cryptos.
Arbitrum (#ARB )
Trading at $0.9227, down 2.99% over the past day, ARB remains at the top of the list, poised to witness token unlocks worth $86.23 million. Data from the Token Unlocks App shows that 96.13 million ARB, equivalent to 3.32% of the circulation supply, will be unlocked on June 16. This has caused speculations over a potential waning price trajectory for ARB ahead.
Space ID (#ID )
Meanwhile, ID traded at $0.5654, down 4.15% over the past day. The crypto stands firm to experience a token unlock of 78.49 million ID, worth $44.37 million, equivalent to 18.23% of the circulating supply on June 22. This significant unlock could trigger a slumping price action for ID ahead.
Pixels (#PIXEL )
The PIXEL crypto witnessed a 3.84% plunge to $0.3621 today, readying for a $19.65 million worth of token unlock. Notably, 54.38 million PIXEL, equal to 7.05% of the circulating supply, will be unlocked on June 19.
ApeCoin ($APE )
APE traded at $1.05 today, down 2.78% from yesterday. The token prepares for an unlock of $16.35 million worth of coins, equivalent to 2.48% of the circulating supply. A total of 15.60 million APE will be unlocked on June 17, igniting investor concerns about the token’s future price movements.
Manta Network ($MANTA )
MANTA traded at $1.27, correcting 8.49% over the past day. The token prepares for a $10.8 million worth of unlock on June 18. Data suggests that 7.87 million MANTA, worth 2.42% of the circulating supply, will be released in the market.
Render ($RNDR )
RNDR experienced a 2.56% fall to $8.05 today. The token readies for a $6.12 million worth of unlock on June 16. 760.57K RNDR coins, equivalent to 0.20% of the circulating supply, will be unlocked on the abovementioned date.
📣 3 cryptocurrencies to avoid this week amid $150 million in token unlocks
Three cryptocurrencies will unlock over $150 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations.
🔸 Arbitrum’s (#ARB ) $85M token unlock
First, Arbitrum (ARB) has the week’s highest unlock in USD value, with an $85.37 million supply inflation. This amount will increase Arbitrum’s circulating supply by 3.2% on June 16, likely creating a selling pressure.
The event will release 92.65 million ARB from vesting contracts reserved for the team and private investors. Essentially, the former will receive 56.13 million ARB, worth $51.72 million, while the latter will receive $33.65 million of 36.52 million tokens.
Arbitrum unlocks a similar amount of tokens every month, resulting in a yearly inflation superior to 35%. In May, Finbold reported the same 92.65 million ARB unlock worth $92.44 million. Therefore, the $7.17 million month-over-month loss of its contracts evidences the economic effects of this event.
🔸 Avoid trading Space ID (#ID ) and Pixel (#PIXEL )
Finally, Space ID (ID) and Pixel (PIXEL) make for the second and third-largest cryptocurrency unlocks this week.
Vesting contracts will release 78.49 million ID on June 22, worth $44.45 million. This will inflate Space ID’s supply by 18.2%, being the most substantial token unlock this week. Moreover, 54.37 million PIXEL will enter the market on June 19, inflating the project’s supply by 7% at a $19.66 million valuation.
However, crypto traders will try to speculate on the economic effects these unlocks and sell-offs may have on price, which could bring increased volatility and worsen the potential risk-reward ratio. The market is uncertain and influenced by multiple factors, requiring proper risk management and learning when to avoid trading specific cryptocurrencies.
$ARB $ID $PIXEL
Three cryptocurrencies will unlock over $150 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations.
🔸 Arbitrum’s (#ARB ) $85M token unlock
First, Arbitrum (ARB) has the week’s highest unlock in USD value, with an $85.37 million supply inflation. This amount will increase Arbitrum’s circulating supply by 3.2% on June 16, likely creating a selling pressure.
The event will release 92.65 million ARB from vesting contracts reserved for the team and private investors. Essentially, the former will receive 56.13 million ARB, worth $51.72 million, while the latter will receive $33.65 million of 36.52 million tokens.
Arbitrum unlocks a similar amount of tokens every month, resulting in a yearly inflation superior to 35%. In May, Finbold reported the same 92.65 million ARB unlock worth $92.44 million. Therefore, the $7.17 million month-over-month loss of its contracts evidences the economic effects of this event.
🔸 Avoid trading Space ID (#ID ) and Pixel (#PIXEL )
Finally, Space ID (ID) and Pixel (PIXEL) make for the second and third-largest cryptocurrency unlocks this week.
Vesting contracts will release 78.49 million ID on June 22, worth $44.45 million. This will inflate Space ID’s supply by 18.2%, being the most substantial token unlock this week. Moreover, 54.37 million PIXEL will enter the market on June 19, inflating the project’s supply by 7% at a $19.66 million valuation.
However, crypto traders will try to speculate on the economic effects these unlocks and sell-offs may have on price, which could bring increased volatility and worsen the potential risk-reward ratio. The market is uncertain and influenced by multiple factors, requiring proper risk management and learning when to avoid trading specific cryptocurrencies.
$ARB $ID $PIXEL
💥💥💥 #CryptoExpert Reveals Top 7 AI Tokens For Massive 100x Growth – Don’t Miss Out!
The fusion of artificial intelligence (AI) and #Blockchain technology is gaining traction, prompting the launch of new tokens and listings on major exchanges like Binance. Analysts, known as "Crypto Symbiote," predict significant price surges for 10 AI-related tokens, with potential gains of 10x to 100x. They identified these top tokens after evaluating around 500 similar projects.
AI-Related Tokens Poised for Major Growth:
1. Omni Network ($OMNI ):
- An Ethereum-native protocol enabling rapid communication between Ethereum rollups.
- Current price: $15
- Market cap: $163 million
2. Numerai ($NMR ):
- A data science competition platform for predicting the stock market using machine learning models.
- Current price: $24
- Market cap: $168 million
3. SSV Network ($SSV ):
- A decentralized Ethereum staking network using Secret Shared Validator (SSV) technology for non-custodial staking.
- Current price: $36
- Market cap: $278 million
From Crypto Web3 Domains to AI Monetization:
4. Space ID Protocol (#ID ):
- A universal name service network for web3 domains, offering a multi-chain name service and development tools.
- Current price: $0.6
- Market cap: $279 million
5. Golem Project (#GLM ):
- A decentralized platform for sharing and accessing computational resources.
- Current price: $0.44
- Market cap: $445 million
6. AltLayer (ALT):
- A decentralized protocol enhancing the security, decentralization, and interoperability of rollups.
- Current price: $0.29
- Market cap: $449 million
7. NFPrompt (#NFP ):
- A Web3 tool for monetizing AI-generated content through verifiable ownership of AI art.
- Current price: $0.43
- Market cap: $110 million
Conclusion:
These AI tokens are believed to have substantial growth potential due to their innovative technology, potential for widespread adoption, and current undervaluation. However, investors should conduct thorough research and exercise caution when investing.
Source - newsbtc.com
The fusion of artificial intelligence (AI) and #Blockchain technology is gaining traction, prompting the launch of new tokens and listings on major exchanges like Binance. Analysts, known as "Crypto Symbiote," predict significant price surges for 10 AI-related tokens, with potential gains of 10x to 100x. They identified these top tokens after evaluating around 500 similar projects.
AI-Related Tokens Poised for Major Growth:
1. Omni Network ($OMNI ):
- An Ethereum-native protocol enabling rapid communication between Ethereum rollups.
- Current price: $15
- Market cap: $163 million
2. Numerai ($NMR ):
- A data science competition platform for predicting the stock market using machine learning models.
- Current price: $24
- Market cap: $168 million
3. SSV Network ($SSV ):
- A decentralized Ethereum staking network using Secret Shared Validator (SSV) technology for non-custodial staking.
- Current price: $36
- Market cap: $278 million
From Crypto Web3 Domains to AI Monetization:
4. Space ID Protocol (#ID ):
- A universal name service network for web3 domains, offering a multi-chain name service and development tools.
- Current price: $0.6
- Market cap: $279 million
5. Golem Project (#GLM ):
- A decentralized platform for sharing and accessing computational resources.
- Current price: $0.44
- Market cap: $445 million
6. AltLayer (ALT):
- A decentralized protocol enhancing the security, decentralization, and interoperability of rollups.
- Current price: $0.29
- Market cap: $449 million
7. NFPrompt (#NFP ):
- A Web3 tool for monetizing AI-generated content through verifiable ownership of AI art.
- Current price: $0.43
- Market cap: $110 million
Conclusion:
These AI tokens are believed to have substantial growth potential due to their innovative technology, potential for widespread adoption, and current undervaluation. However, investors should conduct thorough research and exercise caution when investing.
Source - newsbtc.com
#ID
Trendline + horizontal resistance breakout. Expecting a push up as long as the break holds.
#BTC #Binance #crypto2023
Trendline + horizontal resistance breakout. Expecting a push up as long as the break holds.
#BTC #Binance #crypto2023
⚡Trending Searches by #Coingecko (23 March 2023)
Let's take a look at the top trending #cryptocurrency . This list is sorted by coins that are most searched for in the last 3 hours.
#ID #TRX #APT $ID $TRX $GRAIL $SNX $PLS $UNI $APT $MATIC $MAGIC
Let's take a look at the top trending #cryptocurrency . This list is sorted by coins that are most searched for in the last 3 hours.
#ID #TRX #APT $ID $TRX $GRAIL $SNX $PLS $UNI $APT $MATIC $MAGIC
⚫️ Binance has listed Space ID.
ID is now trading at ~22x from the IEO price ($0.025).
#Binance #crypto2023 #dyor #ID #Eagle
ID is now trading at ~22x from the IEO price ($0.025).
#Binance #crypto2023 #dyor #ID #Eagle
SPACE ID Announces Retroactive Airdrop Of ID Tokens For Early Adopters
SPACE ID, a decentralized identity platform, has announced an Early Adopter Airdrop for its $ID tokens. The platform aims to reward its earliest supporters who believed in the project’s vision from the beginning. The retroactive airdrop is the platform’s way of showing gratitude and appreciation for the unwavering support it has received.
According to the announcement, eligible users for the airdrop are approximately 294,000 addresses that hold .bnb or .arb domain at snapshot time. The snapshot time was March 14th at 2 PM UTC, and the corresponding BNB Chain block number is 26459696, and the corresponding Arbitrum One block number is 69763080. The total allocation of the airdrop for claiming is 42,000,000 ID tokens, which is approximately 2.1% of the total ID token supply and 21% of the airdrop pool (10% of the total supply).
Token Contract (ERC20, BEP20): 0x2dfF88A56767223A5529eA5960Da7A3F5f766406, available on Ethereum (id.spaceid.eth) and BNB Chain (id.bnb). The airdrop claiming will be on BNB Chain.
The claimable amount is calculated based on various factors, such as holding days, days to expiry, having a valid primary name (.bnb or .arb), Voyage: Prime NFT, Voyage: Legacy NFT, Voyage: Awakening NFT, and all Voyage Prime/Legacy/Awakening NFT. Additionally, the number of other OATs held (issued by SPACE ID on Galxe), holding a 3/4/5(+) character .bnb, holding a 3/4/5(+) character .arb, holding both .bnb and .arb, are taken into consideration.
To claim the retroactive Early Adopter Airdrop, eligible users can visit space.id/voyage and click on Voyage Season 1 to see their achievements and claimable amount. The claiming process will be live from March 22nd to April 22nd, 2023, on the BNB Chain. Any unclaimed tokens will be sent back to the airdrop pool for future rewards.
The platform has also allocated 200,000 ID tokens to Steven Lei, an outstanding developer and contributor, and 200,000 ID tokens to Space Auroras, Space Novas, and Cosmic Astras, who have been incredibly helpful in their Discord. Additional ID tokens will be distributed to over 100 integration partners who have contributed to the adoption of SPACE ID domains.
For users who missed the snapshot time for the retroactive Early Adopter Airdrop, all the .bnb/.arb registrations after the snapshot will be counted in Voyage Season 2 – Calling. The rest of the airdrop allocation is reserved for Voyage Season 2 and future campaigns. The platform is also excited to announce Voyage Season 2, and users can get started at space.id/voyage/season-2. Check out the detailed rules & tutorial in https://docs.space.id/getting-started/programs/space-id-voyage-season-2-calling.
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, and manage web3 domains. The platform also provides a Web3 Name SDK & API for developers across blockchains and offers a multi-chain name service for everyone to easily build and create a web3 identity. With the Early Adopter Airdrop, SPACE ID hopes to show its appreciation to its earliest supporters and continue to develop and grow its decentralized identity ecosystem.
As AZCoin News reported, Binance recently unveiled Space ID on Binance Launchpad. The token sale for Space ID will follow Binance Launchpad’s subscription format, with user BNB balances being recorded on March 17, 2023, at 00:00 (UTC). The sale will run for five days, from March 17, 2023, to March 22, 2023, during which Binance will record user BNB balances for each day over a five-day period. The final BNB holding amount for each user will be determined as the average of the five days, using the Daily Average BNB Balance calculation previously announced by Binance.
#SPACEID #Binance #ID #dyor #azcoinnews
This article was republished from azcoinnews.com
According to the announcement, eligible users for the airdrop are approximately 294,000 addresses that hold .bnb or .arb domain at snapshot time. The snapshot time was March 14th at 2 PM UTC, and the corresponding BNB Chain block number is 26459696, and the corresponding Arbitrum One block number is 69763080. The total allocation of the airdrop for claiming is 42,000,000 ID tokens, which is approximately 2.1% of the total ID token supply and 21% of the airdrop pool (10% of the total supply).
Token Contract (ERC20, BEP20): 0x2dfF88A56767223A5529eA5960Da7A3F5f766406, available on Ethereum (id.spaceid.eth) and BNB Chain (id.bnb). The airdrop claiming will be on BNB Chain.
The claimable amount is calculated based on various factors, such as holding days, days to expiry, having a valid primary name (.bnb or .arb), Voyage: Prime NFT, Voyage: Legacy NFT, Voyage: Awakening NFT, and all Voyage Prime/Legacy/Awakening NFT. Additionally, the number of other OATs held (issued by SPACE ID on Galxe), holding a 3/4/5(+) character .bnb, holding a 3/4/5(+) character .arb, holding both .bnb and .arb, are taken into consideration.
To claim the retroactive Early Adopter Airdrop, eligible users can visit space.id/voyage and click on Voyage Season 1 to see their achievements and claimable amount. The claiming process will be live from March 22nd to April 22nd, 2023, on the BNB Chain. Any unclaimed tokens will be sent back to the airdrop pool for future rewards.
The platform has also allocated 200,000 ID tokens to Steven Lei, an outstanding developer and contributor, and 200,000 ID tokens to Space Auroras, Space Novas, and Cosmic Astras, who have been incredibly helpful in their Discord. Additional ID tokens will be distributed to over 100 integration partners who have contributed to the adoption of SPACE ID domains.
For users who missed the snapshot time for the retroactive Early Adopter Airdrop, all the .bnb/.arb registrations after the snapshot will be counted in Voyage Season 2 – Calling. The rest of the airdrop allocation is reserved for Voyage Season 2 and future campaigns. The platform is also excited to announce Voyage Season 2, and users can get started at space.id/voyage/season-2. Check out the detailed rules & tutorial in https://docs.space.id/getting-started/programs/space-id-voyage-season-2-calling.
SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, and manage web3 domains. The platform also provides a Web3 Name SDK & API for developers across blockchains and offers a multi-chain name service for everyone to easily build and create a web3 identity. With the Early Adopter Airdrop, SPACE ID hopes to show its appreciation to its earliest supporters and continue to develop and grow its decentralized identity ecosystem.
As AZCoin News reported, Binance recently unveiled Space ID on Binance Launchpad. The token sale for Space ID will follow Binance Launchpad’s subscription format, with user BNB balances being recorded on March 17, 2023, at 00:00 (UTC). The sale will run for five days, from March 17, 2023, to March 22, 2023, during which Binance will record user BNB balances for each day over a five-day period. The final BNB holding amount for each user will be determined as the average of the five days, using the Daily Average BNB Balance calculation previously announced by Binance.
#SPACEID #Binance #ID #dyor #azcoinnews
This article was republished from azcoinnews.com
#SpaceID launced on #Binance .
Did you get some #ID from the #Launchpad token distribution?
#crypto2023
Did you get some #ID from the #Launchpad token distribution?
#crypto2023
Top 7 Projects In Terms of ROI Since IEO on #binancelaunchpad
The current average returns of IEOs on #Binance #Launchpad now is +2,306%. At the same, time ATH average returns are +19,406%
What are your predictions for the #SpaceID #ID ?
The current average returns of IEOs on #Binance #Launchpad now is +2,306%. At the same, time ATH average returns are +19,406%
What are your predictions for the #SpaceID #ID ?
Have you ever bought from Binance launchpad? Most of the projects participated in launchpad pumped hard.
Binance is selling SpaceIDProtocol $ID tokens on launchpad.
#Binance #nfa #ID #Launchpad #dyor
Binance is selling SpaceIDProtocol $ID tokens on launchpad.
#Binance #nfa #ID #Launchpad #dyor
The ID has broken the downward trend in the morning, so those who were short need to pay attention.
📶Hi bro, pay attention to me, I am a crypto trader, analyzing hot coins daily
#crypto2023 #ID #DYOR
📶Hi bro, pay attention to me, I am a crypto trader, analyzing hot coins daily
#crypto2023 #ID #DYOR
LIVE
艾叔是个好哥哥
--
In a downtrend, continuing to execute the strategy, 0.36-0.4 would be a good entry point.
📶Hi bro, pay attention to me, I am a crypto trader, analyzing hot coins daily
#SPACEID#dyor
📶Hi bro, pay attention to me, I am a crypto trader, analyzing hot coins daily
#SPACEID#dyor
⚠SPACE ID #ID Airdrop Holders ⚠
Please Make sure that you claim your tokens today, and the token claim process will start at the moment of the token listing at #Binance which is Exactly 15:30 IST
#ExchangeWithKindness
Please Make sure that you claim your tokens today, and the token claim process will start at the moment of the token listing at #Binance which is Exactly 15:30 IST
#ExchangeWithKindness