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$HMSTR ! The revelation that 93.95% of Hamster Kombat's (HMSTR) tokens are controlled by just five wallets is a concerning development for small investors. With such a significant concentration of the token's supply, there are fears of market manipulation and sudden price drops due to large sell-offs by these key holders. The fact that the largest wallet controls 61% of the supply gives it immense power over the token’s market behavior. The presence of Binance holding 14% raises additional questions about the initial distribution process, potentially signaling a lack of transparency. The 42% drop in the token's value just three days after launch adds to the worries, as early investors who were expecting gains are now facing losses. This highlights the risks of centralization in token ownership, where a few individuals or entities can dominate market decisions, leaving smaller investors vulnerable to sharp price swings. It’s essential for those holding HMSTR to reassess their position carefully, monitor the activity of these large wallets, and proceed with caution, given the volatility and uncertainties surrounding the project. #BinanceLaunchpoolHMSTR #EIGENonBinance #BTCUptober #BitwiseFilesXRPETF #BTCPredictedNewATH $HMSTR {spot}(HMSTRUSDT) #
$HMSTR !

The revelation that 93.95% of Hamster Kombat's (HMSTR) tokens are controlled by just five wallets is a concerning development for small investors. With such a significant concentration of the token's supply, there are fears of market manipulation and sudden price drops due to large sell-offs by these key holders.

The fact that the largest wallet controls 61% of the supply gives it immense power over the token’s market behavior. The presence of Binance holding 14% raises additional questions about the initial distribution process, potentially signaling a lack of transparency.

The 42% drop in the token's value just three days after launch adds to the worries, as early investors who were expecting gains are now facing losses. This highlights the risks of centralization in token ownership, where a few individuals or entities can dominate market decisions, leaving smaller investors vulnerable to sharp price swings.

It’s essential for those holding HMSTR to reassess their position carefully, monitor the activity of these large wallets, and proceed with caution, given the volatility and uncertainties surrounding the project.
#BinanceLaunchpoolHMSTR #EIGENonBinance #BTCUptober #BitwiseFilesXRPETF #BTCPredictedNewATH $HMSTR
#
TapSwap, another Telegram-based game, offers a simple and easy-to-use way to earn tokens. The airdrop is set to launch between mid-October and the end of the month. The TAPS token is expected to be listed at prices ranging from $0.03 to $0.06, giving early adopters a chance to earn free money. Players can increase their earnings by completing daily tasks, inviting friends, and upgrading in-game tools. The game also features a unique “Tap Bot” that allows users to earn even when they are inactive, providing a steady stream of passive income. TapSwap founder Naz Ventura has promised additional rewards to users who supported the project by purchasing paid boosts during its initial phase. While the exact parameters of the airdrop have not been fully disclosed, analysts estimate the project’s market cap to be between $700 million and $800 million, with a total supply of 18 billion TAPS tokens. TapSwap's simplicity and potential make it one of the best airdrop opportunities of October, especially for those who participate early and actively. #BinanceLaunchpoolHMSTR #EIGENonBinance #BitwiseFilesXRPETF #BTCReboundsAfterFOMC #BTCPredictedNewATH
TapSwap, another Telegram-based game, offers a simple and easy-to-use way to earn tokens. The airdrop is set to launch between mid-October and the end of the month. The TAPS token is expected to be listed at prices ranging from $0.03 to $0.06, giving early adopters a chance to earn free money. Players can increase their earnings by completing daily tasks, inviting friends, and upgrading in-game tools. The game also features a unique “Tap Bot” that allows users to earn even when they are inactive, providing a steady stream of passive income. TapSwap founder Naz Ventura has promised additional rewards to users who supported the project by purchasing paid boosts during its initial phase. While the exact parameters of the airdrop have not been fully disclosed, analysts estimate the project’s market cap to be between $700 million and $800 million, with a total supply of 18 billion TAPS tokens. TapSwap's simplicity and potential make it one of the best airdrop opportunities of October, especially for those who participate early and actively.

#BinanceLaunchpoolHMSTR #EIGENonBinance #BitwiseFilesXRPETF #BTCReboundsAfterFOMC #BTCPredictedNewATH
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Binance South Asia
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Exclusive for Indian Creators: Extra $5,000 FDUSD Rewards on Top of 30% Write to Earn Commission
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As part of “Write to Earn”, eligible Binance Square creators who post qualified content on Binance Square may each earn up to 30% trading fee commissions from their readers’ Spot, Margin and/or Futures trade(s). 

India Leaderboard Promotion Details
Duration: 2024-09-23 00:00 (UTC) – 2024-10-30 23:59 (UTC)Rewards: Top 25 Indian creators with the highest weekly “Write to Earn” earnings will receive $50 FDUSD each.

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Click on the [[Register Now](https://www.binance.com/en/square/WritetoEarn)] button on the promotion page. Publish qualified content pieces (i.e., short posts, long articles, videos, or polls) on Binance Square. Get up to 30% in trading fee commissions from regular and VIP 1 - 2 users’ Spot, Margin, and Futures trade(s) (excluding copy trading) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as per the screenshot below.

Terms & Conditions
This promotion is available only to creators with India KYC.Weekly leaderboard for India Write to Earn participants will be posted weekly. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC).Extra rewards will be allocated within 30 working days after the promotion ends in FDUSD token vouchers. The voucher will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Write to Earn Promotion may not be available in your region. Detailed terms and conditions about the “Write to Earn” campaign can be found here.  Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. 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 promotion, 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 to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: All content on Binance Square is presented on an “as is” basis for information purpose only (without representation or warranty). Binance Square includes content posted by third parties, which shall not be construed as endorsement by Binance of such views. No content shall be construed as financial advice. See Terms of Use for more information.
$BNB /USDT is currently facing a pullback, with a 4.55% decrease to $553.8. The price remains above critical support levels, with the MA(99) and MA(25) converging around $549, creating a potential support zone. A recovery above $570 could set the stage for a renewed upward trend, while continued selling pressure might test the $536 low. Traders should closely watch the 24-hour high of $583 as resistance, while the high trading volume in BNB suggests significant market activity. #BinanceLaunchpoolHMSTR #BTCUptober #BitwiseFilesXRPETF #BTCReboundsAfterFOMC #Write2Earn! {spot}(BNBUSDT)
$BNB /USDT is currently facing a pullback, with a 4.55% decrease to $553.8. The price remains above critical support levels, with the MA(99) and MA(25) converging around $549, creating a potential support zone. A recovery above $570 could set the stage for a renewed upward trend, while continued selling pressure might test the $536 low. Traders should closely watch the 24-hour high of $583 as resistance, while the high trading volume in BNB suggests significant market activity.
#BinanceLaunchpoolHMSTR #BTCUptober #BitwiseFilesXRPETF #BTCReboundsAfterFOMC #Write2Earn!
Cheat sheet outlines a simple yet powerful strategy based on price action and breakouts. Here's a structured summary of the strategy: 1. Identify a Price Range (Resistance Area): Look for a level where the price has tested multiple times but has been unable to break through. 2. Wait for the Breakout: Once the price breaks and closes above the resistance area, don’t enter immediately. 3. Confirm with the Next Candle: Wait for the next candle to break the high of the breakout candle. This candle confirms the breakout, and that’s where you should enter your trade. 4. Set Your Invalidations (Stop-Loss): The breakout area becomes your stop-loss or invalidation point if the trade doesn't go in your favor. This helps limit losses. 5. Apply the Strategy on Any Timeframe: If you're using the 1-hour chart, your entry and exit should be based on that timeframe. Similarly, on the daily chart, use the daily candlesticks for confirmation and decisions. 6. Trend Alignment: This strategy works best when the trade is in line with the overall trend. For a bullish setup, the price should be in an uptrend. 7. Adapting to Market Conditions: The strategy works across different market conditions but is particularly effective in a trending market, which could be the current situation. By mastering this, you can simplify your trading and improve your chances of catching high-probability moves! #BitwiseFilesXRPETF #BTCUptober #EIGENonBinance #BTCPredictedNewATH
Cheat sheet outlines a simple yet powerful strategy based on price action and breakouts. Here's a structured summary of the strategy:

1. Identify a Price Range (Resistance Area):

Look for a level where the price has tested multiple times but has been unable to break through.

2. Wait for the Breakout:

Once the price breaks and closes above the resistance area, don’t enter immediately.

3. Confirm with the Next Candle:

Wait for the next candle to break the high of the breakout candle.

This candle confirms the breakout, and that’s where you should enter your trade.

4. Set Your Invalidations (Stop-Loss):

The breakout area becomes your stop-loss or invalidation point if the trade doesn't go in your favor. This helps limit losses.

5. Apply the Strategy on Any Timeframe:

If you're using the 1-hour chart, your entry and exit should be based on that timeframe.

Similarly, on the daily chart, use the daily candlesticks for confirmation and decisions.

6. Trend Alignment:

This strategy works best when the trade is in line with the overall trend.

For a bullish setup, the price should be in an uptrend.

7. Adapting to Market Conditions:

The strategy works across different market conditions but is particularly effective in a trending market, which could be the current situation.

By mastering this, you can simplify your trading and improve your chances of catching high-probability moves!

#BitwiseFilesXRPETF #BTCUptober #EIGENonBinance #BTCPredictedNewATH
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