đ **Cardanoâs Governance Revolution: No Dictatorship, No Anarchy!**
- Charles Hoskinson, Cardanoâs founder, claims their new governance model avoids the âdictatorshipâ of Ethereum and the âanarchyâ of Bitcoin.
- Speaking at Token2049 in Singapore, he criticized Ethereum's reliance on Vitalik Buterin for direction.
- Cardanoâs Voltaire-era governance uses delegated representatives and a members-based organization called Intersect to ensure efficiency, effectiveness, and integrity.
- The recent Chang hard fork turned ADA into a governance token, empowering holders to vote on proposals.
- Hoskinson emphasizes Cardanoâs model works even without him, ensuring continuous innovation. đ
Source: Cointelegraph
The UTXO Realized Cap 6M-12M Dominance has surpassed 20%, indicating that a significant portion of Bitcoinâs realized market cap is held by coins last moved 6 to 12 months ago. This trend suggests that many investors from this period are holding onto their Bitcoin, potentially anticipating a price increase.
While this could signal a forthcoming price recovery, it is crucial to consider that if these holders decide to sell, particularly in the short term, the recovery might be short-lived. Nonetheless, the current data points to a generally optimistic market sentiment among long-term holders.
**Cardanoâs Governance Overhaul: Aiming for Balance**
Cardano founder Charles Hoskinson recently discussed the blockchainâs new governance model, aiming to avoid the pitfalls of Bitcoin's "anarchy" and Ethereum's "dictatorship." Speaking at Token2049 in Singapore, Hoskinson criticized Ethereumâs reliance on co-founder Vitalik Buterin, arguing that Cardanoâs approach ensures decentralized decision-making.
Key points:
- Cardanoâs Voltaire-era governance uses delegated representatives and a members-based organization called Intersect.
- This model aims to balance efficiency, effectiveness, and integrity in governance.
- The recent Chang hard fork turned ADA into a governance token, empowering holders to vote on proposals and elect representatives.
- Hoskinson emphasized that Cardanoâs system is designed to function independently of any single individual, including himself.
Cardano continues to refine its governance framework, working on a constitution to set clear limits on core issues.
The UTXO Realized Cap 6M-12M Dominance has surpassed 20%, indicating that a significant portion of Bitcoin's realized market cap is held by coins last moved between 6 to 12 months ago. This trend suggests that many investors from this period are holding onto their Bitcoin, possibly anticipating a price increase.
While this could signal a potential price recovery, it is crucial to consider that if these holders decide to sell, especially in the short term, the recovery might be temporary. Nonetheless, the overall market sentiment remains optimistic, reflecting confidence in Bitcoin's long-term value.
$PEPE $PEPE $PEPE
{spot}(PEPEUSDT)
**Pepe Price Rally Coming? $1.1 Billion Buys the DipâCan PEPE Reach $1?**
Pepe (PEPE) saw a 2% increase, reaching $0.000008195, while the overall crypto market dropped by 4% in the past day.
PEPE is up 12% this week but down 7% for the month. However, itâs still up 1,100% compared to last year.
This recent rise is happening as trade volume nears $1 billion, with large investors (whales) buying more meme tokens recently. This could lead to further price gains, especially as we approach the end of the year when the market typically picks up.
The coin's big move today has renewed interest after a slower week. The relative strength index (RSI) jumped above 60 from 40 earlier today, signaling strong buyer activity. Volume is increasing, and the resistance and support levels are getting closer, which is a positive sign.
After a slight pullback today, PEPEâs price may break out later this week. Following a quiet August, PEPE has been trending upwards, and it seems whales are expecting the token to grow again soon. As one of the best-performing coins in 2024, it has the momentum to finish the year strong.
The overall market outlook has improved, especially with the Federal Reserve's recent rate cut. PEPE could continue to be a favorite among whales, likely outperforming other top meme coins.
Based on current trends, PEPE might reach $0.000010 next week and could hit $0.000015 by the end of the year.#Write2Earn! #PEPEćžćŒè¶
è¶LTC #Write2Earn! #pepe⥠#Write2Earn!
The Inspiring Journey of Binance â€ïž and @CZ
1ïžâŁ Humble Beginnings CZâs story starts in Jiangsu, China, but life quickly shifted when his family moved to Canada at age 12. His father, a professor, faced political exile during Chinaâs Cultural Revolution, and these early struggles taught CZ the value of resilience and perseverance. đ±
2ïžâŁ From Flipping Burgers to Coding While most teens were focused on high school life, CZ was flipping burgers at McDonald's to help support his familyâall while studying computer science. đ» This unique combo of work ethic and tech skills laid the groundwork for his future success.
3ïžâŁ The Crypto Spark In 2013, CZ was introduced to Bitcoin by a friend, and it was love at first sight. He believed in it so strongly that he sold his apartment to invest in Bitcoin! đ đž That bold move solidified his place in the crypto world.
4ïžâŁ The Rise of Binance By 2017, after building his expertise at Blockchain.info and OKCoin, CZ founded Binance. It wasnât just another exchange; with low fees and a user-friendly experience, Binance rose to the top, becoming the worldâs largest crypto exchange in just six months! đđ
5ïžâŁ Overcoming Obstacles CZâs journey has had its share of challenges, including regulatory hurdles and a $40 million hack in 2019. But every time, CZ led with transparency and action, earning the trust of millions of users worldwide. đđȘ
6ïžâŁ Building the Binance Ecosystem Under CZâs leadership, Binance is more than just an exchangeâitâs a full ecosystem! From Binance Smart Chain (BSC) to Binance Academy and Binance Labs, CZâs vision is clear: making crypto accessible to everyone, everywhere. đâš
CZ isnât just leading a company; heâs shaping the future of finance. đđŒ
#CZBinance #BinanceVision #CryptoRevolution #BuildingTheFuture #StayBullish
$SOL $SOL $SOL
{spot}(SOLUSDT)
**SOL Price Analysis and Predictions**âŒïž
SOL has been moving within a clear triangle pattern, narrowing around the $146-$147 range. This often hints at a possible breakout. Since weâve already seen bullish momentum starting at $128, thereâs a good chance the price could push higher if buyers jump in.
The key support at $140 has been reclaimed, showing that bulls are defending this level. This also supports a strong upward trend. If the breakout happens, we might see SOL move up to the $150-$155 range, where the next resistance is.
But if SOL canât break above this pattern, we could see it pull back to around $144 or even drop to $136, offering better buying opportunities for those waiting.
Overall, Iâm still leaning bullish unless SOL loses support, in which case a dip to previous demand zones might happen.
Let me know in the comments if you want analysis on another coin! đ€#Write2Earn! #solonapumping #Write2Earn! #Solana_Blockchain
#Write2Earn!
đŁđŒđčđđșđźđżđžđČđ đ¶đ đ°đŒđ»đđ¶đ±đČđżđ¶đ»đŽ đź đđŒđžđČđ» đčđźđđ»đ°đ” đđŒ đłđđ»đ±đżđźđ¶đđČ đŒđđČđż $50đ
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Polymarket, a decentralized prediction markets platform, considers token launch to raise over $50M to potentially help operate its platform. The platform is reportedly in talks to raise $50M, granting investors the right to purchase tokens via token warrants if Polymarket launches them at a later date.
Back in May 2024, Polymarket raised $45M in funding from Founders Fund, Vitalik Buterin, 1confirmation, ParaFi, and Dragonfly Capital.
đŒ Data Credit - Coinmarketcap
đ
đŽđČđ·đ°đœđłđ
đžđżđ
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Bull Runđđ Explained đ€đ€đ
Bull Run in crypto refers to a period in which the prices of cryptocurrencies rise significantly over a sustained period of time. During a bull run, investor confidence is high, and there's a general sense of optimism in the market, leading to an increase in buying activity. This phase is often driven by positive news, institutional adoption, or technological advancements, and it can lead to significant returns for investors.For example, the crypto market experienced a major bull run in 2017 and another in late 2020, both of which saw Bitcoin and other major cryptocurrencies reaching new all-time highs.#BinanceSquareFamily
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đïž AMA Announcement đïž
đ Topic: How to Build a Safer BTC Ecosystem đ
đ Date & Time: Sep 26, 2024, 2 PM UTC [HKT: 10 PM]đ° Rewards: $100 USDT in $CTK for 10 winners
đșïžBroadcast on X: @cryptopower26
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1ïžâŁ Follow: @ShentuChain
2ïžâŁ Like, Retweet & Submit Your Best Question
3ïžâŁ Join our Telegram group: https://t.co/b2bua5SI7k
đ°Media Partners: @Foresight_News , @JinseFinance
đ Speakers:
- ShentuChain (@ShentuChain ): Ben Roman (@b3yondfi ), Head of BD (-Host-)
- BitCow (@bitCow_AMM ): ZacNL, Head of Marketing
- Bitlayer Labs (@BitlayerLabs ): Charlie Hu (@CharlieHusats ), Co-founder of Bitlayer Labs
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- MicrovisionChain (MVC) (@mvcglobal ):
Xiaohui Liu(@scryptplatform ), Development Head;
Tony Bet (@TonyBet_ ), MVC DAO Committee Member
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ShentuChain OpenBounty, a decentralized Web3 bug bounty platform, connects Web3 projects with white-hat hackers, ensuring mutual benefits for security and rewards.
$XRP $XRP $XRP
{spot}(XRPUSDT)
Crypto Experts Predict Bullish Rise for XRP
Despite XRP's stagnant price recently, crypto experts are forecasting a strong rise, especially with the approaching SEC Ripple appeal deadline, which could drive this upward trend. If no appeal is filed, the legal battle surrounding XRP could finally end.
XRP Predictions from Crypto Analysts:
Crypto analyst Bitlord recently shared on X that XRP is poised for a major breakout, predicting a "parabolic explosion" within 24 hours. He urged investors to keep a close watch on XRP, as timing this move could lead to significant profits.
Another expert, Jackis, also predicted XRP's rise. He posted an inverted chart on X, indicating that a dramatic move is imminent, which could push XRP to $1.
Mikybull Crypto, a well-known XRP bull, suggested that the market might see a move similar to XRP's massive 61,000% surge in 2017. While he doesnât expect that level of growth in the current cycle, he believes XRP has one of the strongest macro charts and could eventually reach $45, though not likely in this market phase.
Crypto analyst Egrag Crypto echoed similar thoughts, expecting XRP to hit double digits during the current bull run.
Lastly, Armando Pantoja highlighted XRPâs 7-year bullish pattern. He said this type of setup is extremely rare in his trading experience and expects one of the biggest breakouts of the year. After years of consolidation, he predicts XRP could soar to $4 following this anticipated move.#Write2Earn! #XRP_ETF #Write2Earn! #XRPGoal #Write2Earn!
$ETH $ETH $ETH
{spot}(ETHUSDT)
Ethereum showed an upward fluctuation on September 25. Yesterday, Liying predicted sideways movement, and now Ethereum is priced at 2660, just 10 points higher than yesterdayâs 2650. It seems the market hasnât moved much, but Liyingâs target of 2620 was hit yesterday. Currently, there is a small 40-point gap, with a new target of 2700 in sight. The market is trending upward between 2600 and 2700, with support holding strong as shown by K-lines with long lower shadows.
Looking at technical indicators, the MACD shows that DIF and DEA are flattening, and the histogram has turned positive, suggesting the market has stabilized. This hints that the sideways trend might be ending soon, and we should see a clear direction. RSI14 is hovering around 60, indicating the market could remain volatile in the short term, but this seems unlikely. The EMA trend also supports a bullish outlook, with EMA7 above EMA30, which is above EMA120, meaning short, medium, and long-term moving averages align for upward movement.
Today's key points for bulls:
- Long position at 2600, with a cover point at 2550 and a stop-loss at 2520. Target 2700.
- Short position at 2700, with a cover point at 2750 and a stop-loss at 2780. Target 2600.
Liying believes that 2600 has strong support, making it a good entry point for bulls, with good stop-loss protection. Meanwhile, 2700 has proven to be resistance twice before, making it a good level for shorting.
This analysis is for reference only; trade at your own risk.#Write2Earn! #ETHETFsApproved #Write2Earn! #ETHđ„đ„đ„đ„
#Write2Earn!
â ïž Worldcoin Price Gains Ahead of $58M Unlock Event; Is $5 a Potential Peak?
Worldcoin price surges as token unlock event nears. Positive momentum suggests potential gains ahead, positioning Worldcoin for further market growth.
Worldcoin (#WLD ) price has exhibited a strong upward trend recently. The momentum builds as the broader market experiences a surge. As token release events approach, Worldcoinâs value is poised for further increases. Notably, the cryptocurrency has appreciated by 20% over the last week.
đž Worldcoin Price Soars as Market Braces for Unlocks
From September 30 to October 6, 2024, the cryptocurrency market expects significant movements. A substantial $568 million in token unlocks across various projects is anticipated, with Worldcoin (WLD) highlighting the list. An estimated $58.07 million worth of WLD tokens will be released.
This considerable addition to the market supply might alter trading dynamics significantly in the forthcoming weeks. Notably, the last similar event occurred on July 24. Ahead of these token unlocks, Worldcoinâs value is projected to reach approximately $5
đž WLD Price Eyes 180% Surge Amid Positive Momentum
Over the past 24 hours, the Worldcoin price has seen a notable increase of 3.34%, indicating positive momentum in the market. At the time of writing, the WLD price stands at $1.74. Most of the crypto market today is trading in a sideways trend, indicating volatility in the market.
Within the same period, the price experienced a low of $1.66 and a high of $1.80, demonstrating significant fluctuations. The price movement chart shows a gradual climb throughout the day, with some minor dips, but overall, the token has shown resilience and a steady upward trend.
The Moving Average Convergence Divergence (MACD) indicator currently signals a potential positive shift. The MACD line (blue) recently moved above the signal line (orange), indicating a bullish crossover that could suggest an upward upward movement if the trend continues.
{spot}(WLDUSDT)
đ Top 5 Biggest Gainers Today! đ„
These coins are experiencing strong upward momentum in the market today. Letâs take a look at the top-performing tokens and why they are gaining traction:
1. Sei (SEI) â $0.4577 (+25.91%)
Sei leads the market today with a massive 25.91% gain. Sei is a Layer 1 blockchain optimized for high-speed trading, drawing attention for its scalability and low fees.
2. Bonfida (FIDA) â $0.3633 (+23.57%)
Bonfida, an all-in-one platform for decentralized trading on Solana, is seeing a strong 23.57% gain. Its utility in the Solana ecosystem is driving today's growth.
3. Enka Network (ENA) â $0.3348 (+20.00%)
Enka Network is up by 20% today. The project focuses on providing decentralized infrastructure, and its recent surge is likely fueled by growing interest in decentralized services.
4. Phoenix Global (PHB) â $1.74 (+19.08%)
Phoenix Global, a platform aimed at building smart business applications, has seen a 19.08% rise. PHB continues to gain traction as businesses look for blockchain solutions.
5. Dogwifhat (WIF) â $1.98 (+15.49%)
Dogwifhat, a meme-based token, is continuing its upward momentum with a 15.49% gain. Its meme appeal and strong community are pushing it higher in todayâs market.
These projects are showing strong momentum in todayâs market, making waves across DeFi, blockchain infrastructure, and meme culture. đ
#SEI #FIDA #ENA #PHB #WIF