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Agency Explains Why Certain Crypto Are Securities One of the #tokens in question is $MATIC , the native token of Polygon, an Ethereum scaling blockchain platform. Moreover, Polygon positions MATIC as essential for network #transactions and governance, incentivizing holders through staking mechanisms and other economic activities. Hence, the SEC contends that since its inception, MATIC has been marketed and sold as an investment vehicle. It mentions that investors expect an increase in MATIC value driven by Polygon’s ongoing development and expansion efforts. They highlighted the details on MATIC’s whitepaper to prove their point. The whitepaper read, “Matic Tokens are expected to provide economic incentives on the Matic Network [now Polygon]…Without Matic Tokens, there is no incentive for users to expend resources to participate in activities or provide services to the overall ecosystem on the Matic Network.” Polygon also revealed funding raised from renowned and celebrity investors. In addition, Sandeep Nailwal, co-founder of Polygon, wrote in a November 2022 tweet, “I won’t rest until Polygon gets the ‘top 3’ spot it deserves (alongside $BTC and ETH). No other project comes close.” The marketing and statements by the co-founder has also influenced the SEC’s decision. Similarly, MANA, the digital currency of Decentraland, a virtual reality platform on Ethereum, has been categorized as a security by the SEC. MANA facilitates transactions within the Decentraland ecosystem and grants holders rights to participate in governance and content creation. The SEC pinpointed the sale of $MANA tokens during its ICO and subsequent trading activities on platforms like #Metamask Swaps. Moreover, the agency noted that these activities were conducted with the implicit understanding of potential profit from Decentraland’s platform growth and adoption. #Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July {spot}(MANAUSDT) {spot}(MATICUSDT) {spot}(BTCUSDT)
Agency Explains Why Certain Crypto Are Securities

One of the #tokens in question is $MATIC , the native token of Polygon, an Ethereum scaling blockchain platform. Moreover, Polygon positions MATIC as essential for network #transactions and governance, incentivizing holders through staking mechanisms and other economic activities.

Hence, the SEC contends that since its inception, MATIC has been marketed and sold as an investment vehicle. It mentions that investors expect an increase in MATIC value driven by Polygon’s ongoing development and expansion efforts. They highlighted the details on MATIC’s whitepaper to prove their point.

The whitepaper read, “Matic Tokens are expected to provide economic incentives on the Matic Network [now Polygon]…Without Matic Tokens, there is no incentive for users to expend resources to participate in activities or provide services to the overall ecosystem on the Matic Network.”

Polygon also revealed funding raised from renowned and celebrity investors. In addition, Sandeep Nailwal, co-founder of Polygon, wrote in a November 2022 tweet, “I won’t rest until Polygon gets the ‘top 3’ spot it deserves (alongside $BTC and ETH). No other project comes close.” The marketing and statements by the co-founder has also influenced the SEC’s decision.

Similarly, MANA, the digital currency of Decentraland, a virtual reality platform on Ethereum, has been categorized as a security by the SEC. MANA facilitates transactions within the Decentraland ecosystem and grants holders rights to participate in governance and content creation.

The SEC pinpointed the sale of $MANA tokens during its ICO and subsequent trading activities on platforms like #Metamask Swaps. Moreover, the agency noted that these activities were conducted with the implicit understanding of potential profit from Decentraland’s platform growth and adoption.
#Mt_Gox_BTC_Dip #ETH_ETF_Approval_23July
🚀 WEMIX Unveils Groundbreaking Updates for Blockchain Gaming 🚀 Join us as we celebrate a new era in blockchain gaming, revealed at WEMIX DAY on July 16th, 2024! 🎮 What's New? - WEMIX Pay: Innovative payment method using WEMIX tokens, earning you PLAY Tokens and Prime Points. - WEMIX PLAY Reborn: A community-centric hub for gamers and creators. - New Games: Including Legend of Ymir, Project M, Meta Toy DragonZ SAGA, and Crystals of Naramunz.Wepublic: Blockchain-based certification voting system. - Brioche Hard Fork: Transformative tokenomics with a new halving cycle. Dive into the future of blockchain gaming with WEMIX! 👉 Watch the WEMIX DAY Video Presentation: https://www.youtube.com/watch?v=Lad_cKxwrwE #Wemix #CryptoNews🚀🔥 #Market_Update #GamingCoins #tokens
🚀 WEMIX Unveils Groundbreaking Updates for Blockchain Gaming 🚀

Join us as we celebrate a new era in blockchain gaming, revealed at WEMIX DAY on July 16th, 2024!

🎮 What's New?
- WEMIX Pay: Innovative payment method using WEMIX tokens, earning you PLAY Tokens and Prime Points.
- WEMIX PLAY Reborn: A community-centric hub for gamers and creators.
- New Games: Including Legend of Ymir, Project M, Meta Toy DragonZ SAGA, and Crystals of Naramunz.Wepublic: Blockchain-based certification voting system.
- Brioche Hard Fork: Transformative tokenomics with a new halving cycle.

Dive into the future of blockchain gaming with WEMIX!

👉 Watch the WEMIX DAY Video Presentation: https://www.youtube.com/watch?v=Lad_cKxwrwE
#Wemix #CryptoNews🚀🔥 #Market_Update #GamingCoins #tokens
💎 One of my favorite #tokens Friends, hello everyone. I'm sure that there are still some guys among my audience who haven't bought #Altcoins👀🚀 in their #portfolio . 📑 If this is about you, I advise you to take a closer look at #APT🔥 . I have already written about this asset, but now I have more interesting speculations. As you already know, if an asset has a lot of attention and a lot of people have bought it, it is unlikely that it will fly like a rocket. In order for it to give a multiple of growth, the market maker needs to put the crowd through a big drawdown. Speaking of Aptos, a lot of people have forgotten about it altogether now. Everyone is discussing $ARB , OP, STRK, $ZK and so on. To me, that's a good sign. The crowd is staying away from $APT . ❕ Because of this, it will be easier for the big player to pump the asset. That's why I think it's a pretty good buy point on APT right now. Not a financial asset. Good luck, everyone 🔥 #CPI_BTC_Watch {spot}(APTUSDT) {spot}(ARBUSDT) {spot}(ZKUSDT)
💎 One of my favorite #tokens

Friends, hello everyone. I'm sure that there are still some guys among my audience who haven't bought #Altcoins👀🚀 in their #portfolio .

📑 If this is about you, I advise you to take a closer look at #APT🔥 . I have already written about this asset, but now I have more interesting speculations.

As you already know, if an asset has a lot of attention and a lot of people have bought it, it is unlikely that it will fly like a rocket.

In order for it to give a multiple of growth, the market maker needs to put the crowd through a big drawdown.

Speaking of Aptos, a lot of people have forgotten about it altogether now. Everyone is discussing $ARB , OP, STRK, $ZK and so on. To me, that's a good sign. The crowd is staying away from $APT .

❕ Because of this, it will be easier for the big player to pump the asset. That's why I think it's a pretty good buy point on APT right now. Not a financial asset.

Good luck, everyone 🔥
#CPI_BTC_Watch
TRUMP Meme Coin #Skyrockets After Attempt on Former US President's Life 🔵 Following an attack on #donaldtrump , the #memecoin🚀🚀🚀 maga (TRUMP) surged over 40%, with prices swinging from $6.18 to $9.68 per coin. 🔵 At 8:30 p.m. ET Saturday, TRUMP traded at $8.91. Trump's holding of 579,290 TRUMP #tokens , worth $5.25 million, gained $1.6 million in value. By 8:44 p.m., TRUMP stabilized at $8.35, up 33%. This event could significantly impact the 2024 election. Stay tuned to @wisegbevecryptonews9 for the latest crypto updates and to manage your assets securely! #CPI_BTC_Watch
TRUMP Meme Coin #Skyrockets After Attempt on Former US President's Life

🔵 Following an attack on #donaldtrump , the #memecoin🚀🚀🚀 maga (TRUMP) surged over 40%, with prices swinging from $6.18 to $9.68 per coin.

🔵 At 8:30 p.m. ET Saturday, TRUMP traded at $8.91. Trump's holding of 579,290 TRUMP #tokens , worth $5.25 million, gained $1.6 million in value. By 8:44 p.m., TRUMP stabilized at $8.35, up 33%. This event could significantly impact the 2024 election.

Stay tuned to @WISE CRYPTO NEWS for the latest crypto updates and to manage your assets securely!
#CPI_BTC_Watch
T: Terra Luna Classic Staking Surges To 15% With Over 1T LUNC Staked The Terra Classic Foundation revealed on X that the staking ratio for Terra Classic (LUNC) has now surpassed 15%, with over 1 trillion tokens staked. This milestone coincides with substantial LUNC token burns by Binance, further boosting optimism about the crypto’s performance. Terra Luna Classic Staking Ratio Surges According to the latest data from Terra Classic Foundation, over 1.017 trillion LUNC has been staked on the network. At the current price, this Terra Luna Classic staked reserve is valued at $70.15 million. Moreover, the staking ratio has now surged to a high of 15.01% from 14.83% a few days ago. Earlier, on July 1, Binance, the world’s largest cryptocurrency exchange, burned 1.7 billion LUNC tokens. This marked the 23rd batch of the LUNC burn mechanism. Moreover, Binance has now burned nearly 62 billion LUNC tokens to date. The total LUNC tokens burned by the Terra Luna Classic community have exceeded 125 billion. In addition, Binance’s continuous support for the Terra Luna Classic revival since 2022 is noteworthy. The exchange’s monthly LUNC burn mechanism significantly contributes to reducing the overall supply. The 23rd burn batch covered the period from May 31 to June 29. It burned a substantial amount of trading fees. Furthermore, Binance alone accounts for over 50% of the total $LUNC burned by the community. Also, the increase in the staking ratio can positively influence the #TerraLunaClassic price. Higher staking ratios often indicate strong community confidence and reduced available supply for trading. This can lead to decreased selling pressure and potential price appreciation. Staking locks up #tokens , reducing the circulating supply. With fewer tokens available for trading, demand can push the #LUNC✅ price higher. Additionally, increased staking #signals long-term commitment from holders, which can attract more investors. #CPI_BTC_Watch {spot}(LUNCUSDT)
T:
Terra Luna Classic Staking Surges To 15% With Over 1T LUNC Staked

The Terra Classic Foundation revealed on X that the staking ratio for Terra Classic (LUNC) has now surpassed 15%, with over 1 trillion tokens staked. This milestone coincides with substantial LUNC token burns by Binance, further boosting optimism about the crypto’s performance.

Terra Luna Classic Staking Ratio Surges
According to the latest data from Terra Classic Foundation, over 1.017 trillion LUNC has been staked on the network. At the current price, this Terra Luna Classic staked reserve is valued at $70.15 million. Moreover, the staking ratio has now surged to a high of 15.01% from 14.83% a few days ago.

Earlier, on July 1, Binance, the world’s largest cryptocurrency exchange, burned 1.7 billion LUNC tokens. This marked the 23rd batch of the LUNC burn mechanism. Moreover, Binance has now burned nearly 62 billion LUNC tokens to date. The total LUNC tokens burned by the Terra Luna Classic community have exceeded 125 billion.

In addition, Binance’s continuous support for the Terra Luna Classic revival since 2022 is noteworthy. The exchange’s monthly LUNC burn mechanism significantly contributes to reducing the overall supply. The 23rd burn batch covered the period from May 31 to June 29. It burned a substantial amount of trading fees. Furthermore, Binance alone accounts for over 50% of the total $LUNC burned by the community.

Also, the increase in the staking ratio can positively influence the #TerraLunaClassic price. Higher staking ratios often indicate strong community confidence and reduced available supply for trading. This can lead to decreased selling pressure and potential price appreciation.

Staking locks up #tokens , reducing the circulating supply. With fewer tokens available for trading, demand can push the #LUNC✅ price higher. Additionally, increased staking #signals long-term commitment from holders, which can attract more investors.
#CPI_BTC_Watch
🔥🔥🔥 #AlchemyPay Integrates #Chiliz Chain, Bringing Fiat Payments to Fan #tokens Alchemy Pay Expands Services to Support Chiliz Chain and Ecosystem Tokens Key Highlights: - Enhanced Accessibility: Users can now purchase Chiliz's native token (CHZ) and 13 Fan Tokens, including ACM, ARG, and ATM, using fiat currencies. More tokens, such as JUV and ASR, will be added soon. - Strategic Collaboration: This partnership highlights the growing integration of fiat and crypto payment solutions in sports and entertainment. - Fiat-to-Crypto Transactions: Alchemy Pay supports fiat-to-crypto transactions in 173 countries and over 50 currencies, improving accessibility and usability of Chiliz tokens. Impact on Sports and Entertainment: Alchemy Pay and Chiliz are enhancing crypto payments in sports, creating new opportunities for fan interaction and strengthening fan-brand bonds. This collaboration leverages Alchemy Pay’s transaction capabilities to help fans connect with their favorite teams and clubs. About Chiliz: Founded in 2018, Chiliz is a key player in sports infrastructure, offering the Chiliz Chain, a Layer-1 EVM-compatible blockchain for sports and entertainment. It supports over 80 Fan Tokens for clubs like FC Barcelona, Paris Saint-Germain, and Manchester City, and powers websites like Socios.com. Current Market Data: - Price: $0.0666124 - Hour Trading Volume: $51,063,297 - Price Change: +0.88% (last day), -9.91% (last week) Conclusion: Alchemy Pay’s integration with Chiliz Chain advances crypto payment accessibility in sports and entertainment, fostering closer connections between fans and their favorite teams. #cryptopayments #BinanceSquareTalks
🔥🔥🔥 #AlchemyPay Integrates #Chiliz Chain, Bringing Fiat Payments to Fan #tokens

Alchemy Pay Expands Services to Support Chiliz Chain and Ecosystem Tokens

Key Highlights:

- Enhanced Accessibility: Users can now purchase Chiliz's native token (CHZ) and 13 Fan Tokens, including ACM, ARG, and ATM, using fiat currencies. More tokens, such as JUV and ASR, will be added soon.

- Strategic Collaboration: This partnership highlights the growing integration of fiat and crypto payment solutions in sports and entertainment.

- Fiat-to-Crypto Transactions: Alchemy Pay supports fiat-to-crypto transactions in 173 countries and over 50 currencies, improving accessibility and usability of Chiliz tokens.

Impact on Sports and Entertainment:

Alchemy Pay and Chiliz are enhancing crypto payments in sports, creating new opportunities for fan interaction and strengthening fan-brand bonds. This collaboration leverages Alchemy Pay’s transaction capabilities to help fans connect with their favorite teams and clubs.

About Chiliz:

Founded in 2018, Chiliz is a key player in sports infrastructure, offering the Chiliz Chain, a Layer-1 EVM-compatible blockchain for sports and entertainment. It supports over 80 Fan Tokens for clubs like FC Barcelona, Paris Saint-Germain, and Manchester City, and powers websites like Socios.com.

Current Market Data:

- Price: $0.0666124

- Hour Trading Volume: $51,063,297

- Price Change: +0.88% (last day), -9.91% (last week)

Conclusion:

Alchemy Pay’s integration with Chiliz Chain advances crypto payment accessibility in sports and entertainment, fostering closer connections between fans and their favorite teams.

#cryptopayments #BinanceSquareTalks
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𝗖𝗵𝗲𝗰𝗸 𝗢𝘂𝘁 𝘁𝗵𝗲 𝗧𝗼𝗽 𝗖𝗿𝘆𝗽𝘁𝗼 𝗚𝗮𝗶𝗻𝗲𝗿𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗮𝘆 $1M – $10M MarketCap: Berry (BERRY): 30% WOM Protocol (WOM): 30% Rainmaker Games (RAIN): 23% Choise.com (CHO): 20% UpOnly (UPO): 16% $10M – $100M MarketCap: Kommunitas (KOM): 139% MahaDAO (MAHA): 106% OAX (OAX): 64% Vela Token (VELA): 49% Only1 (LIKE): 40% $100M – $1B MarketCap: Syncus (SYNC): 140% Degen (Base) (DEGEN): 71% Yield Guild Games (YGG): 24% Goldfinch (GFI): 24% Rats (RATS): 21% #coins #tokens #BULLISH... #bitcoin #Ethereum
𝗖𝗵𝗲𝗰𝗸 𝗢𝘂𝘁 𝘁𝗵𝗲 𝗧𝗼𝗽 𝗖𝗿𝘆𝗽𝘁𝗼 𝗚𝗮𝗶𝗻𝗲𝗿𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗮𝘆

$1M – $10M MarketCap:

Berry (BERRY): 30%

WOM Protocol (WOM): 30%

Rainmaker Games (RAIN): 23%

Choise.com (CHO): 20%

UpOnly (UPO): 16%

$10M – $100M MarketCap:

Kommunitas (KOM): 139%

MahaDAO (MAHA): 106%

OAX (OAX): 64%

Vela Token (VELA): 49%

Only1 (LIKE): 40%

$100M – $1B MarketCap:

Syncus (SYNC): 140%

Degen (Base) (DEGEN): 71%

Yield Guild Games (YGG): 24%

Goldfinch (GFI): 24%

Rats (RATS): 21%

#coins #tokens #BULLISH... #bitcoin #Ethereum
We finally have the trailer of "Bull Run", the first Spanish film financed through the sale of #tokens , whose premiere will take place at Cinema Jove (Valencia International Film Festival), on June 24th. Produced and filmed by #crypto lovers, this becomes the first movie in history to be financed 100% selling tokens! Check our article about this Spanish Documentary! 🚀 #Binance #crypto2023
We finally have the trailer of "Bull Run", the first Spanish film financed through the sale of #tokens , whose premiere will take place at Cinema Jove (Valencia International Film Festival), on June 24th.

Produced and filmed by #crypto lovers, this becomes the first movie in history to be financed 100% selling tokens!

Check our article about this Spanish Documentary! 🚀

#Binance #crypto2023
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