🕵️♂️ A month later, 12 out of 27 meme projects on the Solana blockchain were completely abandoned after the presale - users lost 180,650 SOL ($26.7 million) .
🏆 Forbes has compiled an annual list of crypto billionaires 🤑🤑🤑:
1️⃣ Changpeng Zhao , founder of the world's largest crypto exchange Binance - $33 billion
2️⃣ Brian Armstrong , co-founder of the Coinbase crypto exchange - $11.2 billion
3️⃣ Giancarlo Devasini , CFO and largest private shareholder of Tether - $9.2 billion
4️⃣ Michael Saylor , co-founder of MicroStrategy - $4.4 billion
5️⃣ Paolo Ardoino , head of Tether - $3.9 billion
The ranking also included: Ripple Labs co-founder Chris Larsen, Paradigm foundation co-founder Fred Ersam, the Winklevoss twins (Gemini), as well as several other influential cryptans.
What is play-to-earn, and what do I need to know about it?
The blockchain industry has had a profound influence on many aspects of our lives over the past few years. In the gaming sector, blockchain technology introduced a brand-new form of entertainment.
Gamers will be familiar with a modern concept of gaming, called pay-to-play, which means you have to buy the game to play. However, blockchain made possible a new gaming model called play-to-earn (P2E), where gamers can earn crypto or NFTs by playing the game.
Although the idea sounds promising on paper, the reality is that it isn’t simple or easy to earn significant sums from P2E games. Many projects require large up-front costs, others are aggressive and unfair with their tokenomics, and some are outright scammers.
Want to see what a P2E game looks like, without coughing up money? comment yes and follow me, I'll be dropping articles about potential free-to-play P2E games 🎯
$ETH Year to Date, Exchanges have witnessed a net outflow of over 800,000 Ether, valued at approximately $2.4 billion.
The reduction in ETH reserves on exchanges is often viewed as a bullish sign for Ethereum. This trend suggests increased holding and decreased selling pressure, potentially leading to:
1. Price Appreciation: Reduced supply on exchanges could drive up the price of Ethereum as demand remains steady or increases.
2. Increased Value: With fewer ETH available for trading, the scarcity factor may contribute to a rise in the asset's value over time.
3. Market Sentiment: A decrease in exchange reserves could indicate growing confidence in Ethereum, which may attract more investors and traders to the ecosystem.
4. Long-Term Investment: Investors holding onto their ETH instead of actively trading it may indicate a belief in Ethereum's long-term potential and value.
5. Increased trading on DEXs while lead to increased gas and therefore burn ❤️🔥
6. More investors are staking ETH as more rewards are being paid with the increase in ETH transactions and airdrops from other projects.
Overall, the decline in ETH reserves on exchanges can signal positive market sentiment and investor behavior that may potentially lead to a stronger Ethereum ecosystem and price growth in the future. 📈
Check out for ETH, Pro Traders suggest ETH below $3000 is an opportunity not to miss.
⚫️Over 90% of BTC holders are profitable, signaling potential market demand exhaustion and increased rollback risk ⚫️Demand for BTC block space is growing ⚫️Over 90% of new investors are profitable, indicating high risk, with a recent downward trend ⚫️Transition from speculative ETF peaks to cautious trading suggests weakening profit-taking ⚫️Long-term holders face high risk with substantial unrealized profits, despite a steady trend over the last 7 days, signaling an early bull market stage.
$LEVER lever coin: cmp and dca at: 0.001588 total Mcap : ~$50M place sl according to your portfolio. bullish news coming for lever. keep an eye on it. microsoft is their partner. since its and open ai coin. (research is not done by me. i read it on twitter looks promising)