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$WIF I just closed my long position near 3.84 but I re opened long around 3.80 cause its potential is much higher than expected so I'm looking forward 4.1 and up. I also looking at 3.75 around entry is good opportunity to enter. If it falls below my entry I will buy again to keep my position
$WIF only thing keeps puuling up the market is patience and belief. It is not the graph or pattern anymore
follow the trend take your position TP/SL
LIVENoahTony
--
Bikovsko
$WIF /USDT Technical Analysis:
On the daily timeframe, #WIF exhibits a ‘Bullish Pennant Pattern.’ If the price successfully retests the level, we could witness a bullish move toward approximately $4.2370. Keep a close watch on the price action for potential trading opportunities. 📈🚀
Remember to do your own research (DYOR) before making any trading decisions! 🙌💡
#WIF #Cryptocurrency #Breakout #DYOR
On the daily timeframe, #WIF exhibits a ‘Bullish Pennant Pattern.’ If the price successfully retests the level, we could witness a bullish move toward approximately $4.2370. Keep a close watch on the price action for potential trading opportunities. 📈🚀
Remember to do your own research (DYOR) before making any trading decisions! 🙌💡
#WIF #Cryptocurrency #Breakout #DYOR
WWow
LIVE
CoinQuest
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Whale Alert! $18.23 Million PEPE Hoarded in Just Three Days - Is a Massive Crash Coming? 🚨🐋
Just One Click To Get USDT Rewards
In a shocking move, a crypto whale has amassed a staggering $18.23 million worth of $PEPE in just three days. This could be a strong signal that a massive crash is on the horizon for PEPE.
Starting on May 22, the whale, using an address beginning with 0x837, began transferring a whopping 1.32 trillion PEPE tokens from Binance, at an average price of $0.00001378 each. This massive transfer not only resulted in market gains of about $90,000 but also likely played a significant role in the recent price surge of PEPE.
However, such large-scale movements often trigger market instability. The sheer volume of the whale’s holdings and transfers could disrupt the supply-demand balance. If the whale decides to dump their PEPE holdings suddenly, the market could be flooded, driving prices down significantly.
Moreover, this transfer activity might serve as a market signal, prompting other investors to follow suit and sell off their PEPE, further increasing the risk of a price drop. Despite the current price uptick, this whale's actions could very well be the prelude to a major PEPE crash.
Investors should stay vigilant and implement robust risk management strategies to navigate the potential market volatility ahead.$PEPE
#PEPE #ETHETFsApproved #FIT21
Just One Click To Get USDT Rewards
In a shocking move, a crypto whale has amassed a staggering $18.23 million worth of $PEPE in just three days. This could be a strong signal that a massive crash is on the horizon for PEPE.
Starting on May 22, the whale, using an address beginning with 0x837, began transferring a whopping 1.32 trillion PEPE tokens from Binance, at an average price of $0.00001378 each. This massive transfer not only resulted in market gains of about $90,000 but also likely played a significant role in the recent price surge of PEPE.
However, such large-scale movements often trigger market instability. The sheer volume of the whale’s holdings and transfers could disrupt the supply-demand balance. If the whale decides to dump their PEPE holdings suddenly, the market could be flooded, driving prices down significantly.
Moreover, this transfer activity might serve as a market signal, prompting other investors to follow suit and sell off their PEPE, further increasing the risk of a price drop. Despite the current price uptick, this whale's actions could very well be the prelude to a major PEPE crash.
Investors should stay vigilant and implement robust risk management strategies to navigate the potential market volatility ahead.$PEPE
#PEPE #ETHETFsApproved #FIT21
Lets share some good vibes. I earned a lot from #WIF_Usdt also lost some. But I still believing in WIF HAT
LIVEkoinmilyoner
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Bikovsko
Pundit predicts Dogwifhat will reach $10 amid short liquidations
Unipcs (Bonk Guy), a crypto trader and analyst, remains enthusiastic on Dogwifhat. He said this when detailing short traders' losses because to meme coin bearishness.
Dogwifhat Reaching $10
Unipcs said on X (previously Twitter) that Dogwifhat is “headed to $10” and will never dip below $1 again. As the market is in a meme coin supercycle, he feels the currency may rise. The crypto trader stated WIF shorts were “getting squeezed hard” and this is “way it should be.”
Apart from Dogwifhat, Unipcs is optimistic on meme currencies. He was known for buying Bonk, another Solana-based meme currency, with $16,000 in October 2023 and still holding when he last updated the transaction. According to his update, his unrealized profit reached $13.7 million.
Considering meme coins are one of the main themes in this bull run, Unipcs's bullishness is hardly unexpected. With YTD increases of nearly 1,800% and 1,000%, meme currencies Dogwifhat and Pepe (PEPE) are this year's best-performing top 50 coins by market cap.
UNIPCS isn't the only one that thinks WIF might reach $10. Another crypto trader, ‘Free’, has repeatedly said the meme currency would reach that price.
Crypto analyst Bluntz Capital is also positive on Dogwifhat, predicting that it would surpass PEPE and Shiba Inu (SHIB) as the second-largest meme currency by market valuation.
He predicts a “meme wipeout,” which may be worse than expected. He said it would “catch a ton of people off guard.” He said he will become a meme coin bull when the timing is perfect, but not now.
WIF had risen dramatically, as he correctly anticipated in a previous market report. He predicted the meme currency will reach $3.8 before falling to $1.6.
He said in a recent video that he won't short Dogwifhat even at $3.8. To confirm his pessimistic forecasts, he would wait for the meme currency to reach $4 highs.
CoinMarketCap shows Dogwifhat trading at $3, up over 6% in 24 hours.
#WIF #DogWifhat #altcoins #buythedip $WIF
Unipcs (Bonk Guy), a crypto trader and analyst, remains enthusiastic on Dogwifhat. He said this when detailing short traders' losses because to meme coin bearishness.
Dogwifhat Reaching $10
Unipcs said on X (previously Twitter) that Dogwifhat is “headed to $10” and will never dip below $1 again. As the market is in a meme coin supercycle, he feels the currency may rise. The crypto trader stated WIF shorts were “getting squeezed hard” and this is “way it should be.”
Apart from Dogwifhat, Unipcs is optimistic on meme currencies. He was known for buying Bonk, another Solana-based meme currency, with $16,000 in October 2023 and still holding when he last updated the transaction. According to his update, his unrealized profit reached $13.7 million.
Considering meme coins are one of the main themes in this bull run, Unipcs's bullishness is hardly unexpected. With YTD increases of nearly 1,800% and 1,000%, meme currencies Dogwifhat and Pepe (PEPE) are this year's best-performing top 50 coins by market cap.
UNIPCS isn't the only one that thinks WIF might reach $10. Another crypto trader, ‘Free’, has repeatedly said the meme currency would reach that price.
Crypto analyst Bluntz Capital is also positive on Dogwifhat, predicting that it would surpass PEPE and Shiba Inu (SHIB) as the second-largest meme currency by market valuation.
He predicts a “meme wipeout,” which may be worse than expected. He said it would “catch a ton of people off guard.” He said he will become a meme coin bull when the timing is perfect, but not now.
WIF had risen dramatically, as he correctly anticipated in a previous market report. He predicted the meme currency will reach $3.8 before falling to $1.6.
He said in a recent video that he won't short Dogwifhat even at $3.8. To confirm his pessimistic forecasts, he would wait for the meme currency to reach $4 highs.
CoinMarketCap shows Dogwifhat trading at $3, up over 6% in 24 hours.
#WIF #DogWifhat #altcoins #buythedip $WIF
Is it the Calm before the storm. Had you grabbed some alts on sale?
It is the time
It is the time
THESE BORING DAYS LETS DO SOME RESEARCH AND GET REWARD CLICK ON THE LINK YOU WILL GET REWARDED FOLLOW ME
LIVECryptoNewsLand
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Investor Sees $2000 Invested in Retik Finance (RETIK) During Presale Turn Into $200,000 As Token ...
Cryptocurrency investments are made for the potential for exponential gains is often coupled with substantial risk. One striking example of this phenomenon is the story of an investor who, seizing an opportunity during the presale phase of Retik Finance (RETIK), allocated $2000 with foresight and patience. As the token launched and gained traction in the market, its value surged to an all-time high (ATH) of $3, translating the initial investment into a staggering $200,000. This remarkable transformation underscores both the volatility and the potential for immense returns within the crypto space, where strategic decisions and timing can yield extraordinary outcomes.
Leading the DeFi Revolution: How Retik Finance (RETIK) is Transforming Crypto Transactions and Financial Accessibility
Retik Finance (RETIK) emerges as a trailblazer in the realm of decentralized finance, setting itself apart through a suite of pioneering features and solutions tailored to empower users and elevate the functionality of DeFi. Foremost among its offerings are the DeFi Crypto Cards, a groundbreaking tool granting users unprecedented ease and adaptability in managing cryptocurrency transactions. By harnessing blockchain technology, these cards ensure transactions are conducted securely and seamlessly, effectively bridging the gap between traditional financial systems and the burgeoning digital asset landscape. Beyond the Crypto Cards, Retik Finance boasts a diverse array of products and services aimed at propelling the widespread adoption of decentralized finance. Among these are the Smart Crypto Payment Gateway, facilitating frictionless transactions, an AI-driven peer-to-peer (P2P) Lending platform enhancing accessibility to financial services, and a Multi-Chain Non-Custodial Highly Secured DeFi Wallet, safeguarding assets across multiple blockchain networks. Each facet of Retik Finance’s ecosystem is meticulously crafted to cater to distinct demands within DeFi, delivering innovative solutions that prioritize security, efficiency, and user-friendliness, thereby solidifying its position as a frontrunner in the rapidly evolving landscape of decentralized finance.
Retik Finance (RETIK) Presale Triumphs with $32M Raised, Highlighting Strong Investor Confidence in DeFi Vision
The presale campaign of Retik Finance (RETIK) proved to be an unequivocal triumph, showcasing robust investor confidence in the project’s vision and potential. Spanning ten meticulously planned stages, the presale witnessed an overwhelming influx of participants eager to secure a share in the future landscape of decentralized finance. Retik Finance (RETIK) successfully amassed an impressive $32,050,000 within an astonishingly brief timeframe, surpassing initial prognostications and underscoring the burgeoning demand for forward-thinking DeFi solutions. The presale’s triumph can be attributed to a confluence of factors, notably including the project’s sturdy foundational framework, its groundbreaking product offerings, and an adeptly executed marketing strategy. Investors were magnetically drawn to Retik Finance’s steadfast dedication to furnishing state-of-the-art DeFi solutions tailored to meet the dynamic demands of users within the digital ecosystem. Moreover, the project’s transparent, community-centric ethos engendered a sense of trust and assurance among investors, further bolstering belief in its enduring sustainability and potential for profound impact.
Retik Finance’s Official Launch: Poised for Success with Uniswap Debut and Multiple Exchange Listings
With the presale campaign concluded, Retik Finance (RETIK) just concluded its official launch on May 21st, 2024, both on Uniswap and multiple exchanges, heralding a pivotal moment for the project and its community. This move not only signifies a significant milestone but also ignites anticipation among investors and cryptocurrency enthusiasts for potential price surges and heightened trading activity. Opting for Uniswap, a premier decentralized exchange (DEX), highlights Retik Finance’s dedication to decentralization and inclusivity, granting global traders unrestricted access to RETIK tokens. Furthermore, by diversifying its exchange listings, Retik Finance aims to bolster liquidity and broaden market accessibility, positioning itself for sustained growth and engagement within the cryptocurrency ecosystem. This strategic launch follows a remarkable presale success, where an investor saw a $2,000 investment in RETIK turn into $200,000 as the token reached a $3 all-time high (ATH) post-launch, exemplifying the project’s potential for delivering substantial returns and cementing its status as a rising star in the DeFi landscape.
Conclusion
The journey of this investor in Retik Finance (RETIK) exemplifies the dynamic nature of cryptocurrency markets, where early adoption and calculated risk-taking can lead to remarkable financial success. However, it also serves as a reminder of the inherent volatility and speculative nature of such investments. While stories of overnight riches captivate attention, prudent investment practices, thorough research, and risk management remain essential for navigating this ever-evolving landscape. As cryptocurrencies continue to reshape the financial world, the tale of $2000 blossoming into $200,000 stands as both a testament to the potential rewards and a cautionary tale against the perils of unchecked speculation
Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com
Whitepaper: https://retik.com/retik-whitepaper.pdf
Twitter: www.twitter.com/retikfinance
Telegram: www.t.me/retikfinance
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.
The post Investor Sees $2000 Invested in Retik Finance (RETIK) During Presale Turn Into $200,000 as Token Hits $3 ATH After Launch appeared first on Crypto News Land.
Leading the DeFi Revolution: How Retik Finance (RETIK) is Transforming Crypto Transactions and Financial Accessibility
Retik Finance (RETIK) emerges as a trailblazer in the realm of decentralized finance, setting itself apart through a suite of pioneering features and solutions tailored to empower users and elevate the functionality of DeFi. Foremost among its offerings are the DeFi Crypto Cards, a groundbreaking tool granting users unprecedented ease and adaptability in managing cryptocurrency transactions. By harnessing blockchain technology, these cards ensure transactions are conducted securely and seamlessly, effectively bridging the gap between traditional financial systems and the burgeoning digital asset landscape. Beyond the Crypto Cards, Retik Finance boasts a diverse array of products and services aimed at propelling the widespread adoption of decentralized finance. Among these are the Smart Crypto Payment Gateway, facilitating frictionless transactions, an AI-driven peer-to-peer (P2P) Lending platform enhancing accessibility to financial services, and a Multi-Chain Non-Custodial Highly Secured DeFi Wallet, safeguarding assets across multiple blockchain networks. Each facet of Retik Finance’s ecosystem is meticulously crafted to cater to distinct demands within DeFi, delivering innovative solutions that prioritize security, efficiency, and user-friendliness, thereby solidifying its position as a frontrunner in the rapidly evolving landscape of decentralized finance.
Retik Finance (RETIK) Presale Triumphs with $32M Raised, Highlighting Strong Investor Confidence in DeFi Vision
The presale campaign of Retik Finance (RETIK) proved to be an unequivocal triumph, showcasing robust investor confidence in the project’s vision and potential. Spanning ten meticulously planned stages, the presale witnessed an overwhelming influx of participants eager to secure a share in the future landscape of decentralized finance. Retik Finance (RETIK) successfully amassed an impressive $32,050,000 within an astonishingly brief timeframe, surpassing initial prognostications and underscoring the burgeoning demand for forward-thinking DeFi solutions. The presale’s triumph can be attributed to a confluence of factors, notably including the project’s sturdy foundational framework, its groundbreaking product offerings, and an adeptly executed marketing strategy. Investors were magnetically drawn to Retik Finance’s steadfast dedication to furnishing state-of-the-art DeFi solutions tailored to meet the dynamic demands of users within the digital ecosystem. Moreover, the project’s transparent, community-centric ethos engendered a sense of trust and assurance among investors, further bolstering belief in its enduring sustainability and potential for profound impact.
Retik Finance’s Official Launch: Poised for Success with Uniswap Debut and Multiple Exchange Listings
With the presale campaign concluded, Retik Finance (RETIK) just concluded its official launch on May 21st, 2024, both on Uniswap and multiple exchanges, heralding a pivotal moment for the project and its community. This move not only signifies a significant milestone but also ignites anticipation among investors and cryptocurrency enthusiasts for potential price surges and heightened trading activity. Opting for Uniswap, a premier decentralized exchange (DEX), highlights Retik Finance’s dedication to decentralization and inclusivity, granting global traders unrestricted access to RETIK tokens. Furthermore, by diversifying its exchange listings, Retik Finance aims to bolster liquidity and broaden market accessibility, positioning itself for sustained growth and engagement within the cryptocurrency ecosystem. This strategic launch follows a remarkable presale success, where an investor saw a $2,000 investment in RETIK turn into $200,000 as the token reached a $3 all-time high (ATH) post-launch, exemplifying the project’s potential for delivering substantial returns and cementing its status as a rising star in the DeFi landscape.
Conclusion
The journey of this investor in Retik Finance (RETIK) exemplifies the dynamic nature of cryptocurrency markets, where early adoption and calculated risk-taking can lead to remarkable financial success. However, it also serves as a reminder of the inherent volatility and speculative nature of such investments. While stories of overnight riches captivate attention, prudent investment practices, thorough research, and risk management remain essential for navigating this ever-evolving landscape. As cryptocurrencies continue to reshape the financial world, the tale of $2000 blossoming into $200,000 stands as both a testament to the potential rewards and a cautionary tale against the perils of unchecked speculation
Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com
Whitepaper: https://retik.com/retik-whitepaper.pdf
Twitter: www.twitter.com/retikfinance
Telegram: www.t.me/retikfinance
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.
The post Investor Sees $2000 Invested in Retik Finance (RETIK) During Presale Turn Into $200,000 as Token Hits $3 ATH After Launch appeared first on Crypto News Land.
Ripple
LIVECoinpaprika
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Ripple vs. SEC: Final Court Filing as Judge Prepares Decision
The legal showdown between Ripple Labs and the US Securities and Exchange Commission (SEC) has reached a critical juncture. The SEC's recent court filing marks the final submission before Judge Analisa Torres of the Southern District of New York decides on the remedies phase of this significant case.
On May 20, 2024, the SEC filed a comprehensive rebuttal against Ripple’s request to seal certain financial documents and other key evidence. The SEC’s letter to Judge Torres strongly opposes Ripple’s motion to conceal financial data and contractual terms essential for the Court’s decision on appropriate remedies. The SEC’s stance is rooted in the principle of public access to judicial documents, vital for transparency and accountability. Citing Lugosch v. Pyramid Co. of Onondaga, the SEC stresses the importance of public access in cases involving public interest and regulatory enforcement. “The common law right of public access to judicial documents is deeply rooted in our nation’s history,” the SEC asserts, emphasizing the need for transparency.
While the SEC agrees to seal five exhibits in their entirety, it opposes Ripple’s request to keep key financial figures and contract terms hidden. These include details on Ripple’s financial health, recent XRP sales volume, and specifics of revenue and expenses, which are crucial for assessing compliance and potential penalties. The SEC criticizes Ripple’s attempt to hide this information: “Ripple invites the public to judge the SEC’s stance. It cannot simultaneously conceal the evidence supporting that stance,” the SEC argues, pointing out a contradiction in Ripple’s public and legal positions.
Ripple argues that disclosing sensitive financial details would harm its competitive position. However, the SEC counters by pointing out inconsistencies in Ripple’s argument about the relevance and sensitivity of this information. The SEC states, “Once an item is deemed relevant to judicial power, the presumption of access must be based on its role in the exercise of Article III judicial power.” The SEC also notes that some of the information Ripple wants to seal is outdated, arguing that old financial records are unlikely to harm Ripple’s current business operations significantly. “Stale business records cannot justify the necessary finding of harm,” the SEC asserts, reinforcing the need for transparency.
As Judge Torres prepares to rule, the crypto industry watches closely. The stakes are high, with the SEC proposing fines and penalties around $2 billion, while Ripple suggests a maximum penalty of just $10 million. The final step before Judge Torres’s decision is for Judge Netburn to determine whether Andrea Fox is a summary or expert witness, which could further complicate the case.
The outcome of this case will have significant implications for the cryptocurrency industry. A ruling against Ripple could set a precedent for regulating other digital assets under US securities laws. Conversely, a favorable ruling for Ripple could strengthen the industry’s stance against regulatory challenges and clarify the status of digital currencies.
The Ripple vs. SEC case is in its final stages, with both sides making their last arguments. The SEC’s insistence on transparency and public access to judicial documents underscores the broader implications for legal accountability and digital asset regulation. As the industry awaits Judge Torres’s ruling, the future of cryptocurrency regulation hangs in the balance, potentially shaping the landscape for years to come.
On May 20, 2024, the SEC filed a comprehensive rebuttal against Ripple’s request to seal certain financial documents and other key evidence. The SEC’s letter to Judge Torres strongly opposes Ripple’s motion to conceal financial data and contractual terms essential for the Court’s decision on appropriate remedies. The SEC’s stance is rooted in the principle of public access to judicial documents, vital for transparency and accountability. Citing Lugosch v. Pyramid Co. of Onondaga, the SEC stresses the importance of public access in cases involving public interest and regulatory enforcement. “The common law right of public access to judicial documents is deeply rooted in our nation’s history,” the SEC asserts, emphasizing the need for transparency.
While the SEC agrees to seal five exhibits in their entirety, it opposes Ripple’s request to keep key financial figures and contract terms hidden. These include details on Ripple’s financial health, recent XRP sales volume, and specifics of revenue and expenses, which are crucial for assessing compliance and potential penalties. The SEC criticizes Ripple’s attempt to hide this information: “Ripple invites the public to judge the SEC’s stance. It cannot simultaneously conceal the evidence supporting that stance,” the SEC argues, pointing out a contradiction in Ripple’s public and legal positions.
Ripple argues that disclosing sensitive financial details would harm its competitive position. However, the SEC counters by pointing out inconsistencies in Ripple’s argument about the relevance and sensitivity of this information. The SEC states, “Once an item is deemed relevant to judicial power, the presumption of access must be based on its role in the exercise of Article III judicial power.” The SEC also notes that some of the information Ripple wants to seal is outdated, arguing that old financial records are unlikely to harm Ripple’s current business operations significantly. “Stale business records cannot justify the necessary finding of harm,” the SEC asserts, reinforcing the need for transparency.
As Judge Torres prepares to rule, the crypto industry watches closely. The stakes are high, with the SEC proposing fines and penalties around $2 billion, while Ripple suggests a maximum penalty of just $10 million. The final step before Judge Torres’s decision is for Judge Netburn to determine whether Andrea Fox is a summary or expert witness, which could further complicate the case.
The outcome of this case will have significant implications for the cryptocurrency industry. A ruling against Ripple could set a precedent for regulating other digital assets under US securities laws. Conversely, a favorable ruling for Ripple could strengthen the industry’s stance against regulatory challenges and clarify the status of digital currencies.
The Ripple vs. SEC case is in its final stages, with both sides making their last arguments. The SEC’s insistence on transparency and public access to judicial documents underscores the broader implications for legal accountability and digital asset regulation. As the industry awaits Judge Torres’s ruling, the future of cryptocurrency regulation hangs in the balance, potentially shaping the landscape for years to come.
Bear
LIVECrypticNews Hub
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Wall Street tumbled on Thursday after a higher-than-expected PMI index heightened fears about prolonged interest rate hikes. The Dow Jones dropped by 605 points, marking its worst day of the year. Similarly, the S&P 500 and Nasdaq Composite retreated from record highs, closing 0.7% and 0.4% lower, respectively. S&P Global's flash PMI indices exceeded expectations, indicating an acceleration in U.S. business activity. This, combined with persistent inflation, fueled speculation that the Federal Reserve will maintain its current stance on interest rates, leading to a rise in Treasury yields. Shares of mega-cap companies fell, except for Nvidia, which surged by 9.3%, surpassing $1,000 per share for the first time. The company reported earnings and revenue that beat forecasts, driven by high demand for AI chips. In contrast, Boeing shares plunged 7.5% after the company's CFO projected negative free cash flow and no recovery in aircraft deliveries in the second quarter, citing ongoing production issues.
$WIF from 2.96 to 3.0 is entry zone
If we have good news tonight it will check previous 3.2 again or upper.
Make sure stop loss. Don't do high leverage 3x - 10x is ok Don't be too greedy always take your profit
If we have good news tonight it will check previous 3.2 again or upper.
Make sure stop loss. Don't do high leverage 3x - 10x is ok Don't be too greedy always take your profit
$WIF everytime I have been warning about patience. Now take your profit or close your positions without losses
#SolanaUSTD on fire
LIVECryptoNewsLand
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SOL and JUP Introduce the Giant Unified Markets Initiative (GUM) to Mobilize All Assets Into Jupi...
Solana and Jupiter launch the Giant Unified Markets Initiative (GUM).
This move will bring more assets into Solana to be indexed on Jupiter.
At faster and cheaper transaction rates more value will flow into SOL and JUP.
Jupiter Swap launches the Giant Unified Markets Initiative which will bring all asset markets ro Soalan in a globally accessible single lightning-fast atomic marketplace. Solana drives hype towards GUM.
The Giant Unified Markets Initiative by @JupiterExchange aims to bring all asset markets to Solana in a single, globally accessible, and lightning-fast atomic marketplace It’s time to chew GUM. https://t.co/9ikkxmpBDX
— Solana (@solana) May 21, 2024
In detail, the Jupiter Swap has launched the Giant Unified Market Initiative where its key effort is to bring all assets into a single atomic market. This will make all these assets accessible to the masses with a fraction of a cent. This is a privilege for all Solana users powered by Jupiter.
The idea is to have all these assets indexed on Jupiter which will bring more assets towards Solana. Not only will this boost easy access to the world, but the move will drive more value towards both SOL and JUP.
This initiative will bring all types of tokens to a main hub. Thus, from memecoins, real-world assets (RWA_, stocks and forex, the move aims to bring all these assets to Solana and index them on JUP. Thus, more users can transact across all these markets atomically.
Jupiter marks this move as a great dream of finance for the crypto exchange platform. This dream will now be brought to life right there on the Solana blockchain network. A world where highly liquid markets for stocks, RWAs, forex, and crypto (native or wrapped) is almost within our grasp.
Imagine a world where highly liquid markets for forex, stocks, RWAs, all crypto assets (wrapped or native), commodities ALL sit in one single state machine, and you can transact across all of them in a single atomic txn taking 1 sec & $0.002.Coming your way on Solana x Jupiter https://t.co/FuN5YFY1Ad
— meow 喵 (@weremeow) December 31, 2023
All these commodities will soon sit in one single state machine where users from across the globe can transact across all of them in a single, smooth, and speedy transaction of less than 1 second at $0.002.
To bring this vision to life on Solana more assets, more liquidity, and more accessibility must be brought. The GUM alliance has been assembled to achieve it. Finally, over the next few months, assets will be onboarded onto Solana, liquidity markets will be created for them, and these markets will be integrated into Jupuiter to encourage adoption.
Read Also
Which Three Cryptocurrencies Can Grow Your $500 to $10,000 in the First Quarter of 2024 With Minimal Risk?
Unlocking Solana’s Top 5 Crypto Coins of 2024: Your Ultimate Investment Guide
Unified Trading Account Now Live For Bybit Users
Polygon Unveils Next-Gen UX with Polygon Portal for Seamless Web3 Experience
XRP to $1,000 Now Holds a Greater Possibility, Analyst Explains How
The post SOL and JUP Introduce the Giant Unified Markets Initiative (GUM) to Mobilize All Assets Into Jupiter on Solana for Greater Crypto Adoption appeared first on Crypto News Land.
This move will bring more assets into Solana to be indexed on Jupiter.
At faster and cheaper transaction rates more value will flow into SOL and JUP.
Jupiter Swap launches the Giant Unified Markets Initiative which will bring all asset markets ro Soalan in a globally accessible single lightning-fast atomic marketplace. Solana drives hype towards GUM.
The Giant Unified Markets Initiative by @JupiterExchange aims to bring all asset markets to Solana in a single, globally accessible, and lightning-fast atomic marketplace It’s time to chew GUM. https://t.co/9ikkxmpBDX
— Solana (@solana) May 21, 2024
In detail, the Jupiter Swap has launched the Giant Unified Market Initiative where its key effort is to bring all assets into a single atomic market. This will make all these assets accessible to the masses with a fraction of a cent. This is a privilege for all Solana users powered by Jupiter.
The idea is to have all these assets indexed on Jupiter which will bring more assets towards Solana. Not only will this boost easy access to the world, but the move will drive more value towards both SOL and JUP.
This initiative will bring all types of tokens to a main hub. Thus, from memecoins, real-world assets (RWA_, stocks and forex, the move aims to bring all these assets to Solana and index them on JUP. Thus, more users can transact across all these markets atomically.
Jupiter marks this move as a great dream of finance for the crypto exchange platform. This dream will now be brought to life right there on the Solana blockchain network. A world where highly liquid markets for stocks, RWAs, forex, and crypto (native or wrapped) is almost within our grasp.
Imagine a world where highly liquid markets for forex, stocks, RWAs, all crypto assets (wrapped or native), commodities ALL sit in one single state machine, and you can transact across all of them in a single atomic txn taking 1 sec & $0.002.Coming your way on Solana x Jupiter https://t.co/FuN5YFY1Ad
— meow 喵 (@weremeow) December 31, 2023
All these commodities will soon sit in one single state machine where users from across the globe can transact across all of them in a single, smooth, and speedy transaction of less than 1 second at $0.002.
To bring this vision to life on Solana more assets, more liquidity, and more accessibility must be brought. The GUM alliance has been assembled to achieve it. Finally, over the next few months, assets will be onboarded onto Solana, liquidity markets will be created for them, and these markets will be integrated into Jupuiter to encourage adoption.
Read Also
Which Three Cryptocurrencies Can Grow Your $500 to $10,000 in the First Quarter of 2024 With Minimal Risk?
Unlocking Solana’s Top 5 Crypto Coins of 2024: Your Ultimate Investment Guide
Unified Trading Account Now Live For Bybit Users
Polygon Unveils Next-Gen UX with Polygon Portal for Seamless Web3 Experience
XRP to $1,000 Now Holds a Greater Possibility, Analyst Explains How
The post SOL and JUP Introduce the Giant Unified Markets Initiative (GUM) to Mobilize All Assets Into Jupiter on Solana for Greater Crypto Adoption appeared first on Crypto News Land.