If you have been following me closely, you will notice I often share the importance of holding good exchange tokens like $BNB and $BGB
Aside the fact that they have massive potential to generate good ROI, they let you acquire new tokens for free by simply staking your holdings.
Lost count of tokens in my PF as a result of staking either in launchpool or poolX.
As $XION launchpool concludes on Bitget in few hours, here is a gain for staking $8k BGB within 5 days. However, I am not selling right coz XION has prospect to touch $30 - $50 this cycle and a listing on Binance could position it for massive adoption
Overall, ensure to HODL tokens like BGB and BNB and use it to farm new tokens for free. It has made me free thousands of $USDT
While $BTC and #Altcoins continues to undergo correction, you might be tempted to panic sell but that's a wrong move coz you will end up buying high when the correction is over.
In market conditions like this, staking has proved to be an effective/efficient way to maximize your holdings that's what Bitget is offering #BTC☀ holders in a newly launched event.
By staking your Bitcoin, you not only earn APR but also BGPOINTS
The #Altseason is officially here and $BTC dominance will continue to wane over the next couple of weeks.
Leveraging the Diamond Thursday Event on Bitget has been a good strategy for me to increase my holdings. The 4th round is here after 3 successful edition with a total prize pool of 950,000 worth of $DOGE distributed over the 3 editions
In this 4th edition, simply trade tokens like BTC, SOL, DOGE, XRP and $TRX and grab a share of trending hot tokens worth $150,000 USDT. 🔥🔥🔥
Performance analysis of top centralized exchange tokens in 2024
$BNB price 1st January 2024 was $312 BNB price ATH as of December 4th 2024 is $788 ( An increase of 153%)
BGB price 1st January 2024 was $0.579 BGB new ATH as of December 6th, 2024 is $2.4292 ((An increase of 320%)
OKB price 1st January 2024 was $55.6 OKB price as of December 6th 2024 is $60.43 ( An increase of 9%)
KCS price 1st January 2024 was $10.30 KCS price as of December 6th 2024 is $13.51 ( An increase of 31%)
MX price 1st January 2024 was $2.776 MX price as of December 6th 2024 is $3.83 ( An increase of 38%)
#BNB and #BGB has obviously been the standout among other exchange tokens with Bitget a bit ahead. As we head into the bullrun, which of these tokens do you think has better price action prospect?
$BTC surges close to $100,000. Altcoins follow with $ETH rebounding, but this round most altcoins underperform BTC by about 60%. The SEC chairman will resign at the end of January.
U.S. stocks are up, while MicroStrategy suffers a plunge due to short selling.
Market Highlights:
ETH sees catch-up growth, with its ecosystem including OP, SCR, ETHFI, and ANON also rising. ETH and BCH are catching up recently, with capital beginning to spill over. ANON, a social protocol on the Base chain, surged fivefold in one day.
$SOL breaks new highs with significant gains, with ecosystem components like JTO and RAY also rising. Progress has been made in the application for a SOL ETF. SOL’s competitor, SUI, experienced a two-hour paralysis yesterday.
Exchange token FTT surges, with FTX planning to repay its debts at the beginning of 2025.
On-chain memes like ZEREBRO, BULLY, and PROJECT89 have seen significant increases. All three are AI-related: ZEREBRO is an AI NFT with a market cap of $400 million; BULLY involves AI-generated characters and has received ACT funding; PROJECT89 is an AI-enhanced virtual reality game.
Most of the Airdrop on $TON starting from NOT, DOGS up to $X Empire $X have been resurging in price and with the bullrun looking to start in full swing as we approach December, it will be unwise to sell your remaining airdrop for peanut.
Most of all the upcoming airdrops like $MEMEFI and $MAJOR will leverage on the current $BTC price action to gain massive adoption.
As $MEMEFI list tomorrow, locking up your airdrop via Bitget poolX enable you to earn more tokens to maximize your gains.
$BTC is surging towards $100K, with an OKX futures long-to-short ratio of 0.5. BTC's dominance has reached a new high of 61%, causing altcoins to plummet, with meme coins leading the decline.
U.S. stocks showed mixed results. MicroStrategy plans to issue bonds to purchase $2.6 billion in BTC, following a similar cycle loan model to Luna. MicroStrategy's trading volume in the U.S. stock market is approaching that of NVIDIA.
Market Highlights:
Meme coin $FLOKI is rising and is set to be listed on Coinbase. Previously strong meme coins such as $PNUT , ACT, and RIF have all crashed, halving in value. It's likely that the meme coin market will rest for a month.
The on-chain meme coin CHILLGUY has surged dozens of times, reaching a market capitalization of $400 million in just a few days. CHILLGUY, created by an artist in 2023, represents a laid-back lifestyle and has gained popularity on TikTok.
Only those who doesn't look beyond now thinks that $BTC has reached its high and might retrace. Buying #BTC☀ at $100k is still cheap when you think of what is ahead in 2030 and beyond. It took years for those who bought in 2009 and 2010 to become millionaires
CZ once said You can't be rich in crypto if you can't hold. If you are looking for short time gains, you are bound to FOMO and loss out. That's why you are told to always invest what you can afford to lose but the honest truth is that you don't loss in this game is you are patient enough and consistently learn.
$BTC is experiencing high volatility with a general decline in altcoins. BTC dominance continues to rise. U.S. stocks are up. The Russia-Ukraine war escalates, with Russia permitting the use of nuclear weapons.
Market Highlights:
$USUAL is listed on Binance, with a market capitalization of $1.2 billion. VC coin underperforms expectations, while a similar project, ENA, has a market value of $8 billion.
Game OL, listed on OKX, sees a significant increase, reaching a market cap of $500 million. Open Loot is a gaming platform that supports several games, including BIGTIME, with a cumulative trading volume of $500 million since 2024.
Older projects like $CRV and CVX are catching up. The exchange market lacks hotspots, with funds cycling through once.
There’s a general decline on-chain, with capital rotating to the BSC chain. AI's ELIZA surges, while AI16Z plummets, with the founder starting anew. DeSci plummets, and Bio is set to launch three new coins. BSC chain's CHEEMS and WHY are catching up.