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$MEME $MEME Meme coins typically gain attention through social media hype rather than intrinsic value. They can experience sudden surges in value due to viral trends or celebrity endorsements. 🔥2. High Volatility: The prices of meme coins are extremely volatile. They can experience significant price swings in short periods, making them attractive for traders seeking quick profits but also risky for investors. 🔥3. Community Engagement: The success of meme coins heavily relies on community engagement. Online forums like Reddit, Twitter, and Discord play a crucial role in discussing, promoting, and sustaining these coins. 🔥4. Lack of Utility: Unlike some cryptocurrencies designed for specific use cases like decentralized finance (DeFi) or smart contracts, meme coins often lack a clear purpose or utility beyond the meme or theme they represent. #TreadeNTell #meme
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$SEI On Nov. 21, 2023, Binance and its CEO, Changpeng Zhao, pleaded guilty to money laundering charges. Binance agreed to pay $4.3 billion to settle charges; Changpeng Zhao stepped down as CEO and agreed to pay $50 million toward the settlement. This came just one month after Binance paused all U.S. dollar deposits, withdrawals, and trades on Oct. 17, 2023, in response to the Securities and Exchange Commission (SEC) lawsuit filed against Binance.US on June 5, 2023.2 On June 5, the SEC charged Binance Holdings Ltd., BAM Trading Services Inc., and their founder, Changpeng Zhao, with various securities law violations. According to the SEC, the two companies, which operate Binance.US, misrepresented trading controls and oversight, operated unregistered exchanges, broker-dealers, and clearing agencies, and participated in the unregistered offer and sale of securities to U.S.-based investors.3 We are continuing to monitor the situation closely. #TrendingTopic #
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$ETH Like other crypto exchanges, Binance offers services for trading, listing, fundraising, de-listing, and withdrawing cryptocurrencies. Cryptocurrency enthusiasts willing to launch their tokens can use Binance to raise funds through initial coin offerings (ICOs). Binance is used by millions of traders for exchanging and investing in various cryptocurrencies. To start trading, users must complete the necessary know-your-customer (KYC) requirements. Upon successfully creating a trading account, they can add funds to their public wallet address (provided by Binance) to start trading. #Write2Earn #TradeNTell #TrendingTopic #eth
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$BNB On Nov. 21, 2023, Binance and its CEO, Changpeng Zhao, pleaded guilty to money laundering charges. Binance agreed to pay $4.3 billion to settle charges; Changpeng Zhao stepped down as CEO and agreed to pay $50 million toward the settlement. This came just one month after Binance paused all U.S. dollar deposits, withdrawals, and trades on Oct. 17, 2023, in response to the Securities and Exchange Commission (SEC) lawsuit filed against Binance.US on June 5, 2023.2 On June 5, the SEC charged Binance Holdings Ltd., BAM Trading Services Inc., and their founder, Changpeng Zhao, with various securities law violations. According to the SEC, the two companies, which operate Binance.US, misrepresented trading controls and oversight, operated unregistered exchanges, broker-dealers, and clearing agencies, and participated in the unregistered offer and sale of securities to U.S.-based investors.3 We are continuing to monitor the situation closely. #TradeNTell #TrendingTopic #bnb
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$CYBER Every new block generated must be verified before being confirmed, making it almost impossible to forge transaction histories. The contents of the online ledger must be agreed upon by a network of individual nodes, or computers that maintain the ledger.1 Experts say that blockchain technology can serve multiple industries, supply chains, and processes such as online voting and crowdfunding. Financial institutions such as JPMorgan Chase & Co. (JPM) are using blockchain technology to lower transaction costs by streamlining payment processing.2 #TrendingTopic #TradeNTell #
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