Key Insights
The memecoin market has boomed over the years on chains like Ethereum, Solana, and Binance’s Smart Chain.Memecoins on Binance’s Smart Chain and Solana typically benefit from their high throughput and low fees.The best memecoins to consider on Binance’s smart chain include Floki, SafeMoon, Baby Doge Coin, and Bonk.All of these were chosen based on deflationary aspects, track record, and potential to rally.

Memecoins have made a name for themselves, especially in the crypto space.
Ethereum used to be the most popular platform for hosting these special kinds of cryptocurrencies.
However considering the network’s issues with scalability and high transaction fees, memecoin deployers are migrating to Solana and Binance’s smart chain.
As 2024 matures and the next phase of the bull run inches closer, several BNB memecoins are gaining traction.
Here are some of the most attention-grabbing meme coins on Binance’s Smart Chain to consider this year.

BabyDoge Coin
This memecoin emerged from the success of the popular Doge community. It was launched in June 2021 and even has a real-world use case, unlike most other similar coins.
$BABYDOGE is focused on promoting animal adoption and welfare while building on Dogecoin’s legacy.

BabyDoge’s homepage
Source: BabyDoge
The memecoin’s development team has even donated over $1.5 million in cash and crypto to animal shelters.
BabyDoge Coin’s community is also tagged as one of the strongest in the space, with an estimated 1.3 million token holders.
Community members are also around 200,000 on Telegram, more than 800,000 on Twitter, and 245,000 on Instagram. 

Utility on Baby Doge
Source: BabyDoge
Unlike Dogecoin its predecessor, BabyDoge is deflationary.
This means that it burns a certain percentage of transaction fees it collects in an effort to increase scarcity and improve price.
Each BabyDoge transaction incurs a 10% fee where 5% is redistributed to all holders and 5% is added to the liquidity pool on PancakeSwap.
All of the above help it to be a true leader in both the memecoin space and on Binance’s smart chain/Ethereum.

SafeMoon
Like BabyDoge, SafeMoon made its debut in 2021 around March. However, it was reacquired by the VGX foundation after certain liquidity issues shortly after launch.

Homepage on Safemoon
Source: Safemoon
The core aim of this memecoin is to create an ecosystem that encourages HODLing in the long term.
SafeMoon was created specifically as a solution to some of the common issues in the DeFi space.
Some of these include high volatility and a lack of incentives for holding tokens. 
It employs several methods like Reflection (also known as static rewards) which redistributes a portion of each transaction fee to all existing holders. 
This means that simply holding the memecoin can earn you more tokens.
The memecoin also employs Liquidity Pool Acquisition where another portion of each transaction fee is automatically added to the liquidity pool on PancakeSwap. Doing this ensures stability in price and liquidity for trading.

Mission statement from Safemoon
Source: Safemoon
Safemoon is also deflationary and engages in regular token burning. It also has a strong and active community with over 2.9 million holders. The project further has a strong presence on platforms like Twitter, Reddit and Telegram.
Floki Inu 
Like BabyDoge which earned some of its success from Dogecoin, Floki was also inspired by Shiba Inu.

The memecoin was launched in June 2021 after a tweet from Elon Musk about naming his Shiba Inu dog "Floki". 
Just like the origin of most other memecoins, what was initially a joke soon became reality.
Floki Inu operates on both the Ethereum (ERC-20) and Binance Smart Chain (BEP-20) networks.
This means that it is a multi-chain token. This dual-chain nature also makes it a lot more flexible than the average memecoin.

The Floki homepage
Source: Floki Inu
Similar to some of the others, Floki requires a 3% tax on transactions. Said tax is then directed to the Floki Inu treasury which is used to fund further development.
Floki is also deflationary and periodically burns a certain part of its supply.
The Floki Inu community is known as the “Floki Vikings”.
Since its launch, Floki has garnered over 400,000 holders and a robust presence on social media platforms. 
All of these combined have been the reason for its success over the years.

Ecosysystem of Dapps
Source: Floki Inu
The platform features several sub-Dapps including its collection of defi services called FlokiFi.
Another is FlokiPlaces—an NFT and merchandise marketplace. 
The University of Floki is also an educational platform designed to provide resources about crypto.
Finally, Valhalla is an NFT gaming metaverse where players can earn rewards by battling and trading assets. 
Bonk
This one was originally a Solana-based memecoin. However, it has now spread towards Ethereum, Binance’s Smart Chain, and many more chains.
It was launched on Christmas Day 2022, especially after the collapse of FTX only a month earlier in November. 

The main homepage
Source: BONK
The project was started by 22 Solana developers who wanted to create a community-driven token that could both empower and engage users.
Interestingly, Bonk’s mascot is a Shiba Inu dog. This means that it was likely inspired by other popular memecoins like Dogecoin and Shiba Inu.
Like many other strong memecoin projects, BONK periodically burns its own supply.
It even did this in January 2023 when its lead developers burned a whopping 5 trillion $BONK.

Quick facts on Bonk
Source: BONK
In December 2023, the token saw a massive surge with its market cap reaching over $1 billion. 
It is now the sixth largest memecoin on the market and among the top 100 by market cap.

#Memecoin #investment #FlokiInu #Bonk #SafeMoon

#BTC #investment #trading_tips One day in the office, a work pal said, “Risylva , have you got Coinbase? You wanna check it out — crypto is pumping on there!”.That’s all the encouragement I needed. As soon as the app downloaded, I dived head first like a puppy into some autumn leaves.I bought Litecoin, Bitcoin Cash, Ethereum and Bitcoin and watched my crypto holdings free fall like a broken elevator soon after.It was a punch in the gut and one I deserved.In those early days, how tech bros used to over-intellectualise blockchain technology to sound smart scared me sh*tless, so I knew having a slice of the action would require some guesswork.It’s like Charlotte George says:Source _ “Intellectualisation of the space, which applies in macro and crypto investing, is just people wanting to sound smart, and sometimes the way of sounding the smartest is to sound very dumb.”Your Lack of Expertise Is Your Crypto-Investing Secret Weapon and Unfair Competitive Advantage.If you can’t explain it, you have the wrong thesisIt was a punch in the gut and one I deserved.It’s like Charlotte George says:Source — “Intellectualisation of the space, which applies in macro and crypto investing, is just people wanting to sound smart, and sometimes the way of sounding the smartest is to sound very dumb.”The only ideas I had in my head were, “Are we becoming more digitalised or less? Are people going to care about this more? How the heck would you put the genie back in the bottle and stop people from holding this stuff even if you wanted to?”My novice thinking was so simple, but what I never realised at the time was it was my ultimate superpower.I narrowed my focus on investments in Bitcoin and Ethereum, betting on their popularity, which paid off.Most traditional financial advisors would have heart failure listening to this kangaroo thesis, but it resulted in the most optimal and accurate bet.I REALLY WANT TO APPRECIATE MRS CHARLOTTE GEORGE FOR GUIDING ME THROUGH MY TRADING AND INVESTMENT I THE CRYPTO PLATFORM GOD BLESS YOU, THROUGH YOU I HAVE MADE OVER $789KHere’s a chart of cryptocurrency adoption by user. It went exactly where I anticipated it would from when I began and is predicted to reach 1 billion users by 2030.

When considering an initial investment in cryptocurrencies, it's important to look for options that offer a balance between potential growth and established track records. Here are some factors to consider:
Stability and Reputation: Look for cryptocurrencies that have been around for a while and have a stable growth curve. Coins like Litecoin (LTC) and Cardano (ADA) have been in the market for years and have maintained a relatively stable presence.
Technology and Use Case: Invest in cryptocurrencies with a clear use case and innovative technology. For instance, Solana (SOL) offers high-speed transactions, while Chainlink (LINK) provides real-world data to blockchain networks.
Community and Development: A strong community and active development team can be indicators of a cryptocurrency's longevity. Polkadot (DOT) and Avalanche (AVAX) are examples of projects with robust communities and frequent updates.
Regulatory Compliance: Cryptocurrencies that work within regulatory frameworks may offer more security for investors. Stellar (XLM), for example, focuses on financial inclusion and cross-border payments in a compliant manner.
Diversification: Don't put all your eggs in one basket. Consider creating a diversified portfolio that includes both large-cap and small-cap cryptocurrencies.
Remember, cryptocurrency investments are speculative and carry risks. Start with a small amount that you're comfortable with, and never invest more than you can afford to lose. Always do your own research and consider seeking advice from financial experts. #investment $SOL #CryptoInvestmentTips

Explore the key factors influencing Bitcoin price in 2024. From institutional adoption to regulatory dynamics, discover expert insights into the future value journey of Bitcoin.Institutional Adoption Trends:Financial institutions are increasingly embracing Bitcoin in their investment portfolios. Widespread institutional adoption serves as a positive catalyst for Bitcoin prices, indicating high confidence from conventional market players in the long-term potential of crypto assets.Technological Landscape Developments:Technological innovation, particularly in the blockchain field, plays a crucial role in determining Bitcoin's value. Improvements in scalability, security, and transaction efficiency significantly impact market confidence, potentially creating strong bullish pressure on Bitcoin prices.Regulatory Dynamics:The evolving regulatory landscape can have a significant impact on Bitcoin prices. With the implementation of transparent and supportive regulations, Bitcoin could become more widely accepted, creating a more structured environment for growth and price stability.Traces of Mass Adoption:Mass adoption of Bitcoin by the general public and businesses is a vital catalyst. Increased everyday acceptance and usage build a stronger foundation for the intrinsic value of Bitcoin, providing positive momentum to price dynamics.Global Uncertainty Overview:Geopolitical and global economic factors play a central role in influencing confidence in traditional currencies. Global economic uncertainty may drive the search for asset protection, increasing interest in Bitcoin as a form of value independent of the monetary policies of specific countries.Conclusion:In a landscape full of challenges and uncertainties, a careful understanding of these factors allows us to form a more comprehensive view of the Bitcoin price journey that may unfold in 2024. Dive deeper to grasp the future of Bitcoin's value in the crypto world.Follow to get notifications and keep reading my latest articles.Click give a tip if you like my article, so it becomes motivation and enthusiasm for me to keep writing articles that are useful for everyone.#bitcoinhalving #BitcoinETF #CryptoJourney #investment #news $BTC

Based on data sourced from Bitinfocharts, the address labelled as “bc1q….59v2” embarked on its #bitcoin accumulation venture on May 8, 2022, with an initial acquisition of 0.25 BTC. This initial #investment marked the genesis of a progressively accelerating accumulation trend that persisted until its most recent transaction on June 28.

The entity is now the third largest whale and sits just behind crypto exchanges Bitfinex, which holds 178,010 BTC and Binance, which has 248,5097 BTC.

Nonetheless, as this development comes to light, the cryptocurrency community has begun to scrutinize this whale’s identity, with speculations that it might represent an institutional acquisition. Notably amid these discussions is the persistent mention of BlackRock, with various individuals now convinced that the hedge fund is actively procuring the cryptocurrency asset.

BlackRock, the world’s largest asset manager with about $8.59 trillion of assets under management, recently filed for a spot Bitcoin ETF, joining the likes of Ark Invest and Wisdom Tree, who have expressed a strong desire to invest in the world’s largest cryptocurrency. In an interview last month, Larry Fink, CEO of BlackRock, disclosed the surging demand for #cryptocurrencies , particularly among its gold investors, noting that that’s why they believed there’s a great opportunity in the sector.

However, on Tuesday, famous #crypto reporter Wu Blockchain linked the mysterious address to Gemini, stating that it was just a routine reorganization of its Bitcoin wallets.

“Gemini has transferred bitcoins to the new address bc1q….59v2 in the past 3 months. It currently holds 118,000 bitcoins, or about 3.08 billion U.S. dollars.” Wrote Wu Blockchain. And although Gemini was yet to confirm the transfers, following a thorough scrutiny of the Bitcoin movements, ZyCrypto confirmed the transfers between the two wallets.

Crypto exchanges routinely move huge sums of crypto assets to new wallet addresses to fortify their defence against threats such as potential cyber threats and ensure the safety of users’ digital assets.

Binance is perhaps the most active when it comes to this activity. In June, the exchange moved 15,000 BTC valued at around $396.6 million to a new cold wallet. The exchange also transferred a much more significant sum of 117,000 #BTC worth over $3 billion from another cold wallet address to a new

$BTC

The recent fall of Silicon Valley Bank #svb has raised concerns about the future of US interest rates. Many are wondering if this decline will lead to a drop in rates to 3.75%. 

However, it is important to note that the relationship between Silicon Valley Bank's performance and interest rates is not straightforward. While a decline in the bank's stock price may indicate a weaker economy, it does not necessarily mean that interest rates will drop. 

Furthermore, the #FederalReserve has already indicated that it plans to keep interest rates steady for the time being. This decision is based on a variety of factors, including inflation, employment rates, and global economic conditions. 

In short, while the fall of Silicon Valley Bank is certainly noteworthy, it is not necessarily an indicator of impending interest rate changes. It is important to stay informed about economic trends and to consult with financial experts before making any major #investment decisions.

Rich Dad Poor Dad author Robert Kiyosaki has revealed his investment strategy, emphasizing its divergence from the investment approach adopted by Berkshire Hathaway CEO Warren Buffett. “I am an average investor ‘accumulating’ the asset I want for the long term. I have been accumulating gold, silver, bitcoin, and real estate for years,” the famous author detailed.Robert Kiyosaki Differentiates His Investment Strategy From Warren Buffett’sThe author of Rich Dad Poor Dad, Robert Kiyosaki, has outlined his investment strategy, underscoring its divergence from the approach adopted by investing legend Warren Buffett. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.Kiyosaki wrote on social media platform X Sunday:Rather than pretend to be Warren Buffett picking bottoms I am an average investor ‘accumulating’ the asset I want for the long term. I have been accumulating gold, silver, bitcoin, and real estate for years.“My first gold coin cost $50. Today that same coin is worth $2,000. You can become rich by being an average investor, using dollar cost averaging to get rich. Take care,” he added. “Gold dropped $10 today. Silver 14 cents. This is where ‘dollar cost averaging’ pays off.”Buffett is a proponent of value investing. He previously explained that the secret of his investing success is to make “investments in businesses with both long-lasting favorable economic characteristics and trustworthy managers.” The Berkshire Hathaway CEO also previously said: “When buying companies or common stocks, we look for first-class businesses accompanied by first-class management.”Kiyosaki has been recommending investors buy gold silver, and bitcoin for quite some time. Last week, he said the price of BTC is headed for $135,000 while gold will soon break through $2,100 and then take off. In addition, he said silver will increase from $23 to $68 an ounce.The Rich Dad Poor Dad author has made several predictions regarding the prices of bitcoin, gold, and silver. Back in August, he stated that should a global economic crisis occur, the price of bitcoin would surge to $1 million, with gold reaching $75,000, and silver climbing to $60,000. In February, he said that the price of BTC is expected to reach $500,000 by 2025, while gold is anticipated to climb to $5,000 and silver is projected to reach $500 within the same timeframe.Unlike Kiyosaki, Buffett is not a fan of bitcoin. The Oracle of Omaha is famous for saying the cryptocurrency is “probably rat poison squared.” He said in April that BTC is a gambling token that doesn’t have any intrinsic value. In May last year, he said he wouldn’t pay $25 for all bitcoin in the world.#BTC #bitcoin #investment #crypto $BTC $ETH $BNB