According to data from Token Unlocks, several projects will undergo significant token unlocks this week, including:

Aptos($APT ) will unlock 11.31 million APT on June 12, valued at approximately $96.7 million, accounting for 2.58% of the circulating supply;

Immutable($IMX ) will unlock 25.53 million IMX on June 14, valued at approximately $51.32 million, accounting for 1.72% of the circulating supply;

Cyber($CYBER ) will unlock 886,000 CYBER on June 14, valued at approximately $7.28 million, accounting for 3.96% of the circulating supply;

Starknet($STRK ) will unlock 64 million STRK on June 15, valued at approximately $74.88 million, accounting for 4.92% of the circulating supply.

☠️☠️☠️Binance will delist and cease trading on all spot trading pairs for the following token(s) at 2024-06-17 03:00 (UTC):

• OmiseGO ($OMG )
• Waves ($WAVES )
• Wrapped NXM ($WNXM )
• NEM ($XEM)

Binance has conducted these reviews, considering a variety of factors.
Below are some that drive whether Binance decide to delist a digital asset:
• Commitment of team to project
• Level and quality of development activity
• Trading volume and liquidity
• Stability and safety of network from attacks
• Network / smart contract stability
• Level of public communication
• Responsiveness to our periodic due diligence requests
• Evidence of unethical/fraudulent conduct or negligence
• New regulatory requirements
• Contribution to a healthy and sustainable crypto ecosystem

DWF Labs has deposited 97 million $JASMY (worth $3.3 million) into Binance over the past 3 days.
Each day, DWF Labs has reduced their holdings of $JASMY , and each deposit has been followed by a short-term price drop.
Their current holdings amount to 24 million $JASMY (approximately $841,000), with a total profit of $9.49 million (+307%).

On June 2nd at 5:30 AM(UTC+8), 1 billion $XRP was transferred from an unknown wallet (starting with rw2hzLZ) to Ripple in three transactions.

At approximately 5:41 AM, Ripple locked a total of 800 million XRP (in two transactions) into an custodial wallet, with a total value exceeding $416 million.

Then at 5:47 AM, 200 million $XRP was transferred from another unknown wallet (starting with rhyp1uM) to Ripple.

Additionally, two unknown wallets (starting with rw2hzLZ and rDqGA2G) unlocked a total of 1 billion $XRP , with each unlocking 500 million XRP, valued at over $519 million.

Velocore has released an incident analysis report on a vulnerability event that resulted in approximately $6.8 million in $ETH losses due to a hacker attack. Measures have been taken to ensure the vulnerability can no longer be exploited. The team is actively investigating, tracking the hacker during on-chain negotiations, and has requested cooperation from various protocols and centralized exchanges to investigate the attacker's activities. They are also maintaining close communication with security partners and foundations. Based on these investigations and collaborations, they will continuously adjust their future plans. For affected users, the team took a snapshot of the blockchain state before the incident. Once operations resume, an appropriate compensation plan will be implemented to address the losses suffered by users.

The DEX Velocore, deployed on zkSync and Linea, was allegedly hacked, resulting in the theft of all users' LP tokens. The hacker converted the stolen assets into $ETH and transferred the $ETH to the Ethereum mainnet via a cross-chain bridge. Currently, the hacker has transferred all the $ETH , amounting to 1,807 ETH($6.88M), to an address starting with 0xe40.

Two hours ago, an address associated with Amber Group deposited 2.96 million $FRONT (worth $4.26 million) to Binance. Between April 27 and May 20, this address accumulated 11.9 million $FRONT from multiple exchanges at an average price of $1.03. If all the tokens are sold this time, the profit would be $1.09 million.

A whale has withdrawn 8,400 ETH (worth approximately $31.86 million) and 360 BTC (worth approximately $24.54 million) from Binance in the past two hours, depositing them into Venus as collateral. Subsequently, the whale borrowed 58,000 BNB (worth approximately $34.45 million) from Venus and transferred it to Binance.

$BTC $ETH $BNB

⛏️ Introducing Renzo (REZ) on Binance Launchpool
Renzo is a protocol that simplifies staking complexity for users and facilitates seamless collaboration with EigenLayer node operators and Validated Services (AVSs).
ezETH is Renzo's liquid restaking token that provides users with exposure to restaking while retaining liquidity.

💰 Native Utility & Governance Token - $REZ
$REZ will be utilized for voting on governance proposals concerning matters related to the Renzo protocol, including critical operational measures.

📊 Token Metrics
- Token type: ERC-20
- Total Supply: 10,000,000,000
- Initial circulating supply: 1,050,000,000 (10.50%)
- Binance Launchpool Allocation: 250,000,000 (2.50%)

👀 Key Highlight
After restaking ETH, there can be an issue of liquidity being locked up. Renzo's solution is to use a derivative token called ezETH to unlock liquidity from restaked ETH.
As the number of EigenLayer Validated Services (AVS) increases, different validation configuration strategies will offer varying returns and risks. Renzo can leverage its algorithm to dynamically balance returns and risks in real-time, replacing the need for users to make complex configuration choices and assisting them in achieving stable, high returns.

🔭Price Prediction
Based on previous BNB Launchpools, and assuming an APR of 90% for this mining period duration of 6 days, the token price is projected to be 0.8 USDT. With a conservative estimate derived from a minimum yield rate of 70%, the price is estimated to be approximately 0.6 USDT. However, considering the average market capitalization of Binance Launchpool projects to be in the range of 400M to 500M, the floor price is anticipated to reach 0.5 USDT.

⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.

#BinanceLaunchpool #priceprediction #RENZO #Megadrop

⛏️ Introducing Saga(SAGA) on Binance Launchpool
Saga is a Layer 1 protocol enabling developers to effortlessly create VM-agnostic, parallelized, and interoperable dedicated chains known as "Chainlets." These Chainlets offer applications infinite horizontal scalability.

Saga enables developers to initiate Chainlets with just a click, utilizing automated CI/CD deployment pipelines standardized across any type of blockchain virtual machine, leveraging shared security and state-of-the-art validator orchestration.

💰 Native Token - $SAGA

🔧 Token Utility
- Chainlet Activation Fee: Developers remit $SAGA to network validators for initiating and maintaining their Chainlets.
- Participatory Governance: Users can partake in voting for network governance matters.
- Staking Incentives: By contributing to network security, participants earn rewards in $SAGA and tokens from projects utilizing the Saga protocol.

📊 Token Metrics
- Token type: Native Cosmos token
- Total Supply: 1,000,000,000
- Initial circulating supply: 90,000,000
- Binance Launchpool Allocation: 45,000,000

👀 Chainlets Features
- Cost-Efficient Transactions & Predictable Chain Fees
- Interoperability & Rapid Bridging
- Highly Customizable Stack
- Infinite Horizontal Scalability
- Automation

🔭Price Prediction
Based on previous BNB Launchpools, and assuming an APR of 90% for this mining period duration of 4 days, the token price is projected to exceed 2 USDT. With a conservative estimate derived from a minimum yield rate of 70%, the floor price is estimated to be approximately 1.5 USDT. However, considering the average market capitalization of Binance Launchpool projects to be in the range of 400M to 500M, the token price is anticipated to reach 5 USDT.

⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.

#Launchpool #SAGALAUNCHPOOL #priceprediction #Cosmos

⛏️ Introducing Ethena (ENA) on Binance Launchpool

Ethena is a groundbreaking protocol on Ethereum designed to offer a crypto-centric alternative to traditional banking systems. It aims to provide a universally accessible savings instrument denominated in dollars, known as the 'Internet Bond', thereby enabling financial independence within the crypto sphere.

💰 Native Token - $ENA

📊 Token Metrics
- Token type: ERC-20
- Total Supply: 15,000,000,000
- Initial circulating supply: 1,425,000,000 
- Binance Launchpool Allocation: 300,000,000

🔎 Protocol Introduction

Ethena is an open hedge fund offering a 1.3 billion USDe, utilizing liquidity-backed ETH as collateral to short an equal amount of ETH, thus establishing a portfolio with a delta of 0. Ensuring that the net value of assets held by Ethena remains stable despite fluctuations in the underlying asset values. Simultaneously, it generates revenue from financing against the ETH collateral and the short position.

Since pledged ETH can be perfectly hedged with an equal nominal value of short positions, USDe can be minted with a 1:1 collateral ratio, ensuring that Ethena achieves capital efficiency comparable to stablecoins backed by USD assets (such as USDC and USDT). Furthermore, it avoids reliance on assets sourced from traditional financial markets.

👀 Advantages & Risks
Advantages
1. Scalability
2. Stability
3. Resistance to censorship
Risks
1. Decoupling Risk from Collateral
2. Financing Rate Risk
3. Counterparty Risk
4. Integrity Risk

🔭Price Prediction
Based on previous Binance Launchpool, where the average annualized return was 120%. Calculating for a 3-day mining period, the price of ENA token would be 0.42 USDT. The minimum guaranteed price would be nearly 0.18 USDT.
With a total token supply of 15 billion tokens, when the price reaches 0.45 USDT, the Fully Diluted Valuation (FDV) would be 6.75 billion USD. However, the current pre-market trading on Aevo with a higher price of around 0.65 USDT.

#Launchpool #ethena #ENA #priceprediction #BinanceLaunchpool

⛏️ Introducing ether.fi ($ETHFI ) on Binance Launchpool

ether.fi is a non-custodial liquid restaking protocol for Ethereum. With ether.fi, users retain control of their keys while participating in staking. By harnessing Eigenlayer technology, deposited ETH is seamlessly restaked, fortifying external systems like rollups and oracles. This innovative approach not only enhances security but also amplifies yield for ETH stakers.

💰 Native Token - $ETHFI

🔧 Token Utility - Protocol Governance
- ether.fi treasury
- Protocol upgrade 
- Protocol fees & distribution

📊 Token Metrics
- Token type: ERC-20
- Total Supply: 1,000,000,000
- Initial circulating supply: 115,200,000
- Binance Launchpool Allocation: 20,000,000

🔎 Protocol Features
1. Delegated Staking
- Node Operator Bidding 
- Deposit and Auction Mechanism
- Encryption of Validator Key
- Validator Launch
- Exit Command and Recovery
- Slashing Insurance and Responsibility
- Monitoring Validator Performance

2. Liquidity Pool & eETH 
- Minting and burning eETH
- Bond-holders and minting new T-NFTs and B-NFTs
- Exiting validators

3. Node Service
- Enrolling nodes into services
- ether.fi Node client
- Billing

🗺️ Roadmap
- Delegated staking with self-custody of keys ✅
- Solo node operators integration phase 1 ✅
- DVT integration phase 1 ✅
- Permissionless minting and redemptions of eETH✅
- DVT integration phase 2 ✅
- DAO Governance & TGE 🔥
- Contracts ossification

🔭Price Prediction
Based on previous BNB pools, the average annualized return rate for the past eight launchpools is 135%. Assuming that the annualized return rate for this mining period is also 135%, and considering a mining duration of 4 days, the token price would be above $8 USDT. Using a conservative estimate based on minimum yield rate of 70%, the floor price would be nearly $4.60 USDT.

⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.

#Launchpool #ETHFI #priceprediction #HotTrends

⛏️ Introducing Aevo ($AEVO ) on Binance Launchpool
Aevo is a decentralized derivatives exchange platform specializing in options and perpetual trading. Built on the Aevo Chain, users can seamlessly transfer funds from the exchange.

💰 Native Token - $AEVO

🔧 Token Utility
- Governance: $AEVO holders can vote on network upgrades, new listings and general DAO governance
- Staking: Staking $AEVO will get discounted trading fees on the Aevo exchange and boosted rewards on Aevo’s trader reward program

📊 Token Metrics
- Token type: ERC-20
- Total Supply: 1,000,000,000
- Initial circulating supply: 110,000,000
- Binance Launchpool Allocation: 45,000,000

🔎 Key Highlight
1. Off-chain Order Book and Risk Management Engine
2. On-chain Settlement
3. L2 Architecture
4. Liquidation Mechanism
5. Stable asset - aeUSD

🗺️ Roadmap
- Launches with ETH Options Trading ✅
- Launches Perpetual Futures Trading ✅
- Launches Pre-Launch Futures Trading ✅
- Launches aeUSD Stablecoin ✅
- Launch and airdrop $AEVO - Ongoing 🔥
- Launch Aevo Strategies
- Launch spot and derivatives RFQ Platform
- Ecosystem Building for Aevo L2

🔭Price Prediction
Currently, there is no $AEVO available in the pre-launch market. However, at Whales Market, the floor price stands at 4.6 USDT per token.
Based on previous BNB Launchpool performance, averaging an annualized yield of 135% over the initial eight periods, assuming similar performance for this mining phase, the token's price is projected to reach approximately 3.71 USDT over a 5-day mining period, aligning closely with the Whales Market's order price. Calculating with a minimum yield rate of 70%, the floor price would be around 1.92 USDT.
Considering a token supply of 110 million, the floor market capitalization would reach 211 million USD, nearing the 2.5 billion USD valuation of A+ round financing.

⚠️ $AEVO is built by the team that launched Ribbon Finance. As such $RBN holders are able to convert their $RBN to $AEVO at a 1:1 rate, which requires a 2-month lockup.

#Launchpool #Aevo #priceprediction #TrendingTopic