Tron (TRX) in 2024: Introduced to the mainnet in 2018, Tron (TRX) quickly positioned itself as a formidable blockchain, trailing only Ethereum (ETH) in Total Value Locked (TVL). Its appeal lies in its economical transaction fees, swift block confirmations, and unwavering performance. At the helm of its ecosystem is Justin Sun, also recognized for BitTorrent and the HTX exchange. By 2024, Tron (TRX) is set to host over half of the USDT supply. However, Sun's ongoing legal tussles with U.S. authorities pose potential setbacks for TRX.Chainlink (LINK) in 2024: Chainlink (LINK) stands as a trailblazer, pioneering the decentralized network of blockchain oracles. This network seamlessly bridges on-chain applications with off-chain utilities like weather monitoring and point-of-sale systems. This pivotal role makes Chainlink (LINK) indispensable in embedding blockchains into tangible economies. Following its notable surge in the 2020-2021 market boom, Chainlink's trajectory in 2024 may be influenced by strategic collaborations or the fervent advocacy of its loyal community, the "LINK marines."2024 Crypto Snapshot: *Bitcoin (BTC):** Holds a $833B market cap, marking a 38.4% reduction from its peak. *Ethereum (ETH):** Commands a $269B market cap, experiencing a 54.1% dip from its zenith. *Tether (USDT):** Secures a $92B market cap. *Polygon (MATIC):** Registers an $8B market cap, down by 69.6% from its peak. *Binance Coin (BNB):** Witnesses a $46B market cap, a 56.6% descent from its pinnacle. *Dogecoin (DOGE):** Marks a $13B market cap, sliding by 87.4% from its highest. *Cardano (ADA):** Holds a $22B market cap, dipping by 80.2% from its peak. *XRP:** Commands a $34B market cap, down by 81.7% from its zenith. *Optimism (OP):** Maintains a $3B market cap, seeing a 13.3% decline from its peak. *Solana (SOL):** Registers a $48B market cap, down by 56.9% from its highest. *Shiba Inu (SHIB):** Holds a $6B market cap, decreasing by 87.5% from its pinnacle. *USD Coin (USDC):** Maintains a $25B market cap. *Arbitrum (ARB):** Secures a $2B market cap, witnessing an 84.7% dip from its peak. *Tron (TRX):** Commands a $9B market cap, marking a 54.9% reduction from its peak. *Chainlink (LINK):** Holds a $9B market cap, down by 71.1% from its zenith.The collective market capitalization of the cryptocurrency realm stands at $1.73 trillion, reflecting a 43.2% decline from its record high in November 2021.In Conclusion: Approaching 2024, the cryptocurrency domain brims with cautious anticipation. The community eagerly awaits pivotal developments, including the potential greenlight for Bitcoin and Ethereum ETFs, Bitcoin's fourth halving, Ethereum's EIP 4844 enhancement, and resolution of legal disputes involving industry giants like Binance, Ripple, and Tron. The outcomes of these milestones could either reignite a bullish rally or quash the momentum. As the market evolves, emerging trends such as real-world asset tokens, liquid staking, and AI-centric coins may overshadow meme coins. Concurrently, stablecoins might grapple with economic uncertainties and regulatory challenges.#BTC #ETH #2024 #TopCryptoNews

The cryptocurrency market never ceases to amaze, with the FTX Token (FTT) recently rallying a whopping 230% in the span of 30 days. This remarkable surge has left many investors and traders questioning whether it’s time to buy back into the FTX exchange or if there’s a better option out there, like investing in a community-driven exchange such as Pullix.io.
FTX Token (FTT) Makes a Striking Comeback
FTX Token’s rapid price escalation follows the potential news of FTX considering reopening its doors. The attorneys from Sullivan & Cromwell shared in a court hearing that FTX, navigating through bankruptcy, might let creditors convert their holdings into a stake in a new version of the exchange. This news spurred a significant price rally for FTX Token, more than doubling in value and injecting a dose of optimism into the token’s future.
Following this revelation, the token surged to $4.17, marking a staggering 230.34% increase in just one month. This impressive monthly performance has put the token on a 212.87% rise over the past year.
The FTX Token’s sharp increase comes amid revelations of FTX’s potential revival. The exchange, currently navigating bankruptcy proceedings, has hinted at allowing creditors to convert holdings into stakes in a reimagined platform. This news propelled the FTX Token’s value to more than double, igniting a flurry of market activity as traders reassess the FTX Token’s future viability.
Recovering from its spectacular collapse, FTX has made headway in asset recovery, with its attorneys announcing a jump from $1.9 billion to $7.3 billion in liquid assets. Despite this progress, the exchange is clear that it remains a long way from any equity distribution. Yet, FTX Token’s price movement is a strong indicator of the market’s reaction to the possibility of FTX’s comeback, with FTX Token investors eagerly watching the developments.
Is Pullix.io: A Viable Alternative?
In light of FTX Token’s surge, investors are exploring alternatives like Pullix, a community-driven exchange paving the way for a new era in TradeFi. Pullix.io stands out with its innovative token burn feature, aiming to reduce the total supply of its native token, PLX, to enhance its value. This feature, along with the promise of daily revenue sharing with PLX holders, positions Pullix.io as an attractive investment compared to the uncertainty surrounding FTX Token.
Pullix.io’s approach offers a stark contrast to the traditional exchange model. It provides investors with a sense of security and belonging, with its model ensuring that every PLX holder has a stake in the platform’s success. As Pullix prepares for its launch, the excitement around its community-focused model could very well position PLX as a smart investment choice, particularly for those wary of the turbulence surrounding FTX Token.
With FTX Token’s recent performance and the potential of Pullix.io, investors face a choice: take a chance on FTX Token’s newfound momentum or opt for the community-oriented, innovative platform that Pullix.io promises to be.

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#FTXRevival #FTX's #FTXUpdate #topnews #TopCryptoNews

Binance is launching the “VIP Elevate and Earn” promotion for all eligible Binance users. All eligible users who successfully advance their VIP level to VIP 1-3 during the promotion period via any of the eligible VIP sub-programs, i.e., VIP Trader Program (Spot or Futures), VIP Investors Program, and VIP Borrower Program, will have the opportunity to share a 265,000 USDT voucher prize pool.
🟡 How to advance your VIP level via the VIP sub-programs ?
Click on the “Register Now” button on the promotion page during the Promotion Period.Upgrade VIP level during the Promotion Period: Fulfill at least one of the following whilst maintaining the corresponding BNB holding requirements.Increase spot trading volume. Increase futures trading volume. Increase Simple Earn subscription amount.Increase borrowing amount on Margin, Crypto Loans and OTC Loan. 
🟡 VIP Trader Program - Spot

🟡 VIP Trader Program - Futures

🟡 VIP Investors Program 

🟡 VIP Borrower Program 

Rewards Mechanism:
A total of 265,000 USDT voucher prize pool is available on a first-come, first-served basis. Users may receive multiple voucher rewards if they are qualified for VIP level upgrades via different VIP sub-programs. The voucher type is dependent on the sub-program.VIP Spot/Futures Trader Program: Users may receive a Spot/Futures Trading Fee Rebate Voucher;VIP Investors Program: Users may receive a Token Voucher;VIP Borrower Program: Users may receive a Token Voucher. Users may receive a voucher reward every time they manage to upgrade their accounts by one VIP level, and receive multiple voucher rewards if they qualify for multiple level upgrades during the promotion.If a regular user upgrades to  VIP 3 via VIP Trader Program - Spot, the user will receive three Spot Trading Fee Rebate Vouchers for upgrading to VIP 1, 2 and 3 respectively.If a regular user upgrades to VIP 1 via VIP Trader Program - Spot, and also upgrades to VIP 1 via VIP Trader Program - Futures, the user will receive both a Spot Trading Fee Rebate Voucher and a Futures Trading Fee Rebate Voucher for upgrading by one VIP level via different VIP sub-programs.
Rewards Structure: Rewards for Obtaining VIP Level Upgrades via Different VIP Sub-Programs
For More Info: Click Here

#VIPElevateandEarn #TopCryptoNews

New memecoin Bonk saw a 300% price return in the first 8 days, compared to 141 days for Shiba Inu and 1,253 days for Dogecoin
New Solana-based memecoin Bonk (BONK) has seen exponential growth since its launch on December 25, 2022, quickly surpassing 300% price return in the first 8 days – more specifically, achieving a 305.8% price return on January 2, 2023. Compared to popular memecoin Shiba Inu (SHIB), 141 days were taken to exceed the same threshold, since its launch in August 2020. Bonk’s phenomenal growth is further contrasted with that of the first-ever memecoin Dogecoin (DOGE) launched in 2013, where 1,253 days lapsed before DOGE went beyond the 300% price return threshold.
Within 11 days from its launch, Bonk’s price peaked and hit an all-time high of $0.00000487 on January 5, 2023, and saw a gain of 3,649%, a 36X increase in value. BONK crossed $200 million in market capitalization that same day, peaking at a market cap of $204,964,399 before dropping to around $82 million on January 7, and subsequently sliding to $62 million.
Bonk’s launch strategy, which involved airdropping 50% of its total supply to a wide base of Solana users, drove its price spike
Bonk’s launch involved airdrops in multiple stages. First announced in a tweet on December 10, 2022 and in their one-pager, 20% of BONK’s supply was to be airdropped to holders of 40 Solana NFT collections – some notable ones include y00ts, Solana Monkey Business, and Degen Ape Academy.
Subsequently, 15% of its total supply were airdropped to early openbook traders, 10% to Solana artists and collectors and finally 5% to developers of the Solana blockchain. To sum, the airdrop made up 50% of its total supply of 100 trillion coins, resulting in a high market capitalization days upon launch and generated buzz on crypto Twitter, which further hyped up demand.
Bonk’s airdrop tactic greatly contrasts Shiba Inu’s infamous SHIB token airdrop in August 2020. SHIB’s anonymous creator, Ryoshi first locked 50% of total token supply in Uniswap to ensure liquidity, and then sent the remaining 50% of all tokens to Ethereum co-founder, Vitalik Buterin’s ERC-20 wallet. Unexpectedly, Vitalik burned 90% of the tokens received, and donated the remaining 10% to charity.
Bonk’s phenomenal growth contributed to Solana’s 63% price pump
The financial impact of FTX’s collapse extended to Solana, given that the now-defunct cryptocurrency exchange owned large sums of Solana’s native token, SOL. With multiple projects abandoning the Solana ecosystem, SOL has been on a downward trend since.
Yet, with Bonk creators setting out to flip the toxic ‘Alameda’ tokenomics narrative through the Solana-based memecoin, SOL has seen a resurgence in recent days, attributed to BONK’s phenomenal growth that coincided with a short squeeze happening in the same period. Its price has jumped 63.5%, from $9.97 on January 2 to $16.30 on January 10, 2023.
What is Bonk?
Bonk (BONK) is the first dog-themed memecoin of the Solana blockchain and described as ‘for the people, by the people.’ Created entirely for fun, Bonk has little or no real-world utility. Since its launch, the Bonk team has burned 5 trillion BONK tokens, equivalent to 5% of its total supply, allocated for team development, and has just launched 15,000 non-fungible tokens (NFTs) on Magic Eden, on Tuesday January 10, 2023.

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#BONK #SOLInnovation #MemeCoinCraze #Memepool #TopCryptoNews
$BTC $ETH $SOL

Ethereum (ETH) co-founder Vitalik Buterin was spotted moving 600 ETH worth approximately $1 million into a Coinbase exchange wallet on Monday, August 21. Historical on-chain data examines how ETH price could react to this noteworthy transaction.

On Monday, August 21, an 0xd8d wallet address linked to Vitalik Buterin’s Ethereum Name Service (ENS) pseudonym —Vitalik.ETH was spotted moving 600 ETH, worth $1.01 million, into a Coinbase wallet. The wallet now holds only 3,935 ETH ($6.57 million) at the time of writing.

When large crypto investors move bits of their holdings into an exchange wallet, it typically means they are looking to cash out into fiat or trade in for other tokens.

On-chain data analysis explores how previous noteworthy outflows by Vitalik have moved the market to project how ETH prices could potentially react in the coming days.

Ethereum Price Declined 13% After Vitalik Sold In April

Large transactions from recognized high-net-worth holders and influential figures like Vitalik Buterin often influence the markets significantly. Historical data culled from Arkham Intelligence shows how Ethereum’s price sank by 13% barely a week after Vitalik made a significant outflow in April.

How Will Ethereum (ETH) Price React to Vitalik Outflow | Vitalik.ETH/0xd8d wallet, Aug 2023. Source: Arkham Intelligence

As shown in the chart below, Vitalik had moved out a whopping $283 million worth of ETH on April 19. Interestingly, ETH price began to wobble within just 48 hours and later declined 13% from $2,102 to $1,840 by the close of April 25.

Also, back in 2021, Vitalik’s alternate 0Xabf address, which currently holds 248,027 ETH (~$415 million), exhibited a similar premonitory pattern.

How Will Ethereum (ETH) Price React to Vitalik Outflow | Vitalik.ETH/0Xabf wallet, Aug 2023. Source: Arkham Intelligence

On November 5, 2021, Vitalik moved out a total of 19.5 billion worth of ETH over an eventful period of two weeks. That period coincided with Ethereum losing its all-time high of $4,890, which it hasn’t reclaimed ever since.

Crypto investing, simplified. Get ETH price predictions here.

Crypto Traders Yet to React to Vitalik’s Outflow

At the time of writing, 12 hours after Vitalik’s most recent noteworthy $1 million transaction, Ethereum traders are yet to make significant reactionary moves. According to IntoTheBlock‘s aggregate Exchange On-chain Market Depth, the bulls still dominate ETH trading orders’ balance.

As depicted below, the bulls currently have the upper hand with 277,690 ETH buy orders, towering above the bears’ 145,000 ETH sell orders.

How Will Ethereum (ETH) Price React to Vitalik Outflow | Aggregate Exchange Order Books, Aug 2023. Source: IntoTheBlock

The Exchange On-chain Market Depth chart shows the real-time price distribution of active Ethereum orders placed across recognized crypto exchanges.

As seen above, the “Buy/Ask” wall is significantly higher “Sell/Bid” side by nearly 132,700 ETH orders. This shows that Ethereum market demand remains steady despite Vitalik’s noteworthy $1 million cash out.

In summary, strategic investors will be looking for further notable transactions on Vitalik’s addresses and Ethereum Foundation wallets.

ETH Price Prediction: Slow Recovery to $1,800

Ethereum price could react to Vitalik’s latest outflow with gradual higher lows toward $1,800 as the market FUD subsides.

The In/Out of Money Around Price data, which shows the price distribution of current holders, also validates this mildly-positive prediction.

However, the 1.8 million addresses bought 2.54 million ETH at the maximum price of $1,720, which will offer initial resistance. But, if a bullish momentum grows, the strategic traders could promptly raise their bids, pushing the ETH price toward $1,800.

Ethereum (ETH) Price Prediction | IOMAP data, Aug 2023 | Source: IntoTheBlock

Conversely, the bears could push the ETH price below $1,600 if Vitalik Buterin makes more outflows in the coming days.

But, as shown above, 1.88 million addresses had bought 2.2 million ETH at the average price of $1,620. They could offer considerable support if they HODL.

However, ETH could slide toward the $1,500 if that support level folds.

$ETH #TopCryptoNews

All my posts about DeFi Challange you can see here: "From 1 to 9" 🟡#1 The Future Of DeFi: Your Decentralized Freedom#2 My Experience Using A Crypto Trading Bot For 2 Months#3 Wll 2024 Be The Year DeFi Goes Mainstream?#4 Explore the impact of Ethereum 2.0 on DeFi#5 DeFi Meme#6 DeFi vs CeFi in Crypto: What is the Difference?#7 DAO Structure - Governance, tokenomics, smart contracts.#8 Cross-chain Interoperability Is the Future of DeFi !!#9 Stay Ahead of the Game: How Understanding DeFi Trends !#DeFiChallenge #TopCryptoNews