🚀Buckle up, BTC enthusiasts! Binance Research has confirmed

--・629 views

🚀Buckle up, BTC enthusiasts! Binance Research has confirmed a growing trend of tokens launching with limited circulating supply and high valuations. 📈💰 This high valuation, low liquidity crisis is fueled by an influx of private market capital, aggressive valuations, and a positive market outlook. The report estimates a whopping $155 billion worth of tokens will be unlocked from 2024 to 2030. But hold on, there's a catch! 🤔 Without a proportional increase in buy-side demand, this could lead to substantial selling pressure, challenging the market's ability to absorb these tokens without negatively impacting prices. 📉 The analysis also highlights a growing gap between market caps and fully diluted valuations (FDVs) for tokens launched over the past three years. This is primarily driven by recent token launches with extremely low circulating supplies, often under 20% of the total supply, inflating their FDVs. 🎈 But don't worry, Binance has a plan! To address this trend, Binance is taking the lead in fostering a healthy and sustainable market environment. They're inviting high-quality teams and projects to apply for the exchange’s listing programs. So, let's see how this plays out! 🎯🌐 Remember, always keep your eyes on BTC! 👀💫

🚀Buckle up, BTC enthusiasts! Binance Research has confirmed a growing trend of tokens launching with limited circulating supply and high valuations. 📈💰
This high valuation, low liquidity crisis is fueled by an influx of private market capital, aggressive valuations, and a positive market outlook. The report estimates a whopping $155 billion worth of tokens will be unlocked from 2024 to 2030. But hold on, there's a catch! 🤔
Without a proportional increase in buy-side demand, this could lead to substantial selling pressure, challenging the market's ability to absorb these tokens without negatively impacting prices. 📉
The analysis also highlights a growing gap between market caps and fully diluted valuations (FDVs) for tokens launched over the past three years. This is primarily driven by recent token launches with extremely low circulating supplies, often under 20% of the total supply, inflating their FDVs. 🎈
But don't worry, Binance has a plan! To address this trend, Binance is taking the lead in fostering a healthy and sustainable market environment. They're inviting high-quality teams and projects to apply for the exchange’s listing programs. So, let's see how this plays out! 🎯🌐
Remember, always keep your eyes on BTC! 👀💫

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.

Последние новости криптовалют

⚡️ Участвуйте в последних обсуждениях в криптомире

💬 Общайтесь с любимыми авторами

👍 Изучайте темы, которые вам интересны

Эл. почта/номер телефона

Связанные авторы

LIVE

LONG BTC

@Square-Creator-4d9133520

Другие публикации автора

🚀🚀Buckle up, BTC enthusiasts! Grayscale's upcoming spot Ether exchange-traded fund (ETF) might see an average outflow of a whopping $110 million per day, following the trend set by the company’s Bitcoin Trust in its first month, says a report by Kaiko. 📉 🎉The U.S. Securities and Exchange Commission gave the green light to spot Ether ETFs last week, and it's all eyes on Grayscale now. The Grayscale Bitcoin Trust (GBTC) transitioned to an ETF on January 11 and saw a 23% outflow of its assets under management (AUM) in the first month, amounting to $6.5 billion. 😮 🔮If Grayscale’s Ether Trust (ETHE) sees a similar level of outflows as GBTC, we could be looking at average daily outflows of $110 million, representing 30% of ETH’s average daily volume on Coinbase. Over the past three months, ETHE has traded at a discount of up to 26% to its net asset value (NAV). 🎈Kaiko researchers suggest that once ETHE transitions to a spot ETF, it's "reasonable to expect" outflows or redemptions as this discount narrows. Will Cai, Head of Indices at Kaiko, commented that the SEC’s approval of spot Ether ETFs implies the agency views the underlying asset as a commodity rather than a security, which has significant positive implications for regulating similar tokens in the U.S. 🎯The likelihood of SEC approval became more evident last week after several issuers amended their filings to exclude staking. On May 20, Bloomberg even increased the approval odds from 25% to 75%. 🏁Meanwhile, Grayscale’s Ether Trust (ETHE) discount has narrowed since the SEC initially approved spot Ether ETFs on May 23, though ETHE has yet to begin trading as a spot ETF. 🔍Kaiko analysts highlighted that GBTC’s outflows were offset by inflows into other Bitcoin ETFs by the end of January. They concluded that even if inflows into Ether ETFs “disappoint in the short term,” the approval is significant for ETH and could significantly shift market sentiment toward the asset. 🎉🎉

🚀🎉 Bitcoin enthusiasts, buckle up! The long-awaited Mt. Gox distributions seem to be in motion! On May 28, on-chain analysts spotted a whopping 42,900 BTC (worth approximately $2.9 billion) on the move. This could be just the beginning, as Mt. Gox reportedly still holds 95,061 BTC, valued around $6.53 billion. 💰💼 This massive Bitcoin move is seen as Mt. Gox preparing to return its BTC holdings to creditors before the October 31 repayment deadline, over nine years after the exchange collapsed in 2014. The company went insolvent after a devastating hack that led to the theft of 850,000 BTC, valued at $460 million at the time. 📉💔 Now, here's the twist! Analysts had previously warned that transferring the Mt. Gox-era Bitcoin could spook the market and put downward price pressure on BTC. This seems to be happening as crypto markets tanked 2.7%, with total capitalization falling to $2.68 trillion. 😱📉 Bitcoin prices fell 4% from an intraday high of $70,600 to bottom out at $67,555 during the Tuesday morning Asian trading session. It had recovered marginally to trade at $67,844 at the time of writing and was within its multi-month range-bound channel. 📊📈 However, it remains to be seen whether prices will fall further if creditors decide to liquidate their assets when they receive them instantly. So, keep your eyes peeled, BTC lovers! This could be a wild ride! 🎢👀

🚀🌕 Bitcoin enthusiasts, buckle up! Racer, the co-founder of Friend.tech, has hinted at a possible departure from Base, an Ethereum Layer-2 network launched by Coinbase in 2023. The news has caused a stir in the crypto world, with Friend.tech's token taking a nosedive, down 31.4% to $1.02! 📉😱 Racer has put out a $200,000 bounty for anyone who can devise a smooth migration plan for Friend.tech off of Base. The catch? It should not disrupt users' experience. 🧠💰 The relationship between Friend.tech and Base has been rocky, with Racer stating that the team felt "isolated and disconnected" from parts of the Base and Ethereum ecosystems. Jesse Pollak, who heads Base for Coinbase, responded diplomatically, expressing sadness at the potential departure but promising support for Friend.tech's chosen path. 🤝💔 Friend.tech, launched in August 2023, has been a hot topic, attracting both supporters and critics. The platform, built on Ethereum’s layer-2 scaling network Base, allows users to buy and sell “keys” linked to Twitter accounts. 🐦🔑 Despite the drama, Base Network's activity is surging. Its trading volume has surpassed competitors, thanks to popular projects like Friend.tech and meme coins such as dogwifhat (WIF), Book of Meme (BOME). 🚀🎉 According to Dune Analytics, Base currently has 234,199 active addresses, with 38,087 new ones this week. The network's total profit is a whopping $42.7 million, and its total revenue is $58.67 million. 💰🔥 Stay tuned, crypto fans! The future of Friend.tech and Base is yet to unfold. 🍿👀

📣Hey BTC enthusiasts! Let's talk about Ethereum's upcoming Pectra upgrade, set to launch in early 2025. 🚀 Developers are playing it cool, opting against a rushed release before Devcon in November 2024. Instead, they're focusing on adding user features that could make a real difference. 🛠️ Pectra is the next big thing after the successful Dencun upgrade in 2023. It's set to introduce the Ethereum Virtual Machine Object Format (EOF), featuring around 11 improvement proposals to boost EVM code for Layer 1 and Layer 2 functionalities. 🎯 One of the highlights? EIP-7251, a.k.a "Increase Max Effective Balance." This will allow individual validators to stake up to 2,048 ETH, a huge leap from the current 32 ETH limit. This could simplify management for operators, who can oversee fewer, but higher-stake validators. 📈 But wait, there's a twist! The Ethereum community had mixed feelings about EIP-3074, aimed at improving blockchain wallet usability. So, developers are replacing it with EIP-7702, a new proposal by Vitalik Buterin. This introduces a new transaction type called a "user operation," authenticated by a smart contract wallet linked to the account, not signature authentication. 🔄 So, while we're all about BTC, it's worth keeping an eye on Ethereum's moves. After all, a rising tide lifts all boats, right? 🚢

🚀🚀 Polkadot (DOT) is on the move, folks! This crypto darling has seen a 10% price increase over the past two weeks, currently trading around a cool $7.50. And guess what? The party might just be getting started! 🎉🎉 Crypto Yapper, a notable analyst, has claimed that DOT's price has broken out of a specific consolidation pattern and is now seeing a "beautiful retest". The previous resistance has turned into support, meaning we could be aiming for higher targets. 🎯 Crypto Yapper isn't alone in his optimism. Block Diversity, another analyst, predicts a price rally to almost $14 as long as DOT trades above the major resistance level of $6.90. Crypto Thanos and Crypto Tony also chimed in, setting $10 as the next goal. 🚀 But let's not get ahead of ourselves. It's always good to keep an eye on the metrics. The Relative Strength Index (RSI) currently stands at 54, suggesting moderate momentum. And the stochastic oscillator, another momentum indicator, points at 74. Both indicators suggest potential for continued price increases. 📈 So, buckle up, Bitcoin enthusiasts! Polkadot might just be the next big thing in the crypto space. But as always, trade wisely! 🧠💰