The acquisition of Kwenta is expected to create additional value for SNX holders through the following ways: Removing KWENTA from circulation— Eliminating the split caused by the two assets SNX and KWENTA allows the community to focus on a single asset. Growth— Adding a front-end interface to Synthetix's product suite could provide many ways to grow our brand and products. The front-end interface allows Synthetix to add new features, control the customer experience, and design strategies to drive adoption. Awareness/branding— As customers use the front-end interface of the Synthetix brand, market awareness and public recognition of Synthetix will significantly increase. In the cryptocurrency space, awareness is crucial, and this can drive value. Efficiency— The merger of Synthetix and Kwenta's capabilities is expected to improve operational efficiency.
$SNX Altcoin Listed on Binance Announces Major Update: Price Volatility to Come
Synthetix (SNX) is gearing up to launch its long-awaited Snaxchain on September 15. Snaxchain, which will initially focus on Synthetix governance functions, promises to start a new era for Synthetix users and expand its capabilities over time. Snaxchain’s roadmap includes several innovations aimed at improving the Synthetix ecosystem. These include: Cross-chain SNX staking and fee collection: Allows staking of SNX tokens on different chains and collecting fees. Cross-chain asset management: Will make asset management across multiple networks easier. Cross-chain SNX liquidity sharing: Designed to provide deeper liquidity across multiple platforms. Multi-Chain Synthetic Perps Trading: Aims to provide new opportunities for leveraged trading. Although a website and explorer for the testnet have recently been created, they are not yet public. However, the upcoming launch shows that Snaxchain is approaching the final stages of development. This update will be put up for vote on the Synthetix governance forum today and will most likely be approved by the community.
Today, Binance announced that it will delist 4 coins: $WNXM $XEM $WAVES and $OMG
We were all surprised when we received the news that Binance would delist them, along with a strong panic sell crash of 20-30% and long-term effects on the exchanges where the coins are listed.
What do these 4 coins have in common: they are all old coins, have AirDroped out their maximum total supply, and the drivers/project teams are no longer interested in launching new events.
They are all too old, rarely updated, and have nothing new, making them less attractive and illiquid.
Now, the market with hundreds, thousands of new coins/tokens listed regularly every quarter on exchanges is extremely fierce competition, including the fomo trend into #memecoin🚀🚀🚀 that we know about the fever of Wif, Notcoin, Dogecoin, Toncoin and their long chains in 2024.
So choose a good coin, project, Dev team that works regularly, reputable to buy. #SNXand#ATOMare 2 reputable coins, great Dev team, work regularly, community support, ... very worth buying Hold for the uptrend season 2025.
WHAT IS THE REASON FOR THE ETF TO BE APPROVED AND ETH STILL NOT INCREASED? Although the ETFs have been approved, they are not immediately available for trading as approval is required for the S-1 registration statement
VanEck submitted its amended S-1 filing to the SEC following news of the form 19b-4 approval, and analysts say it could take weeks to months for the S-1 to be approved.
“ETFs haven't really launched yet, so new capital is still coming.”
“Expect a huge inflow in the first week, potentially in the billions of dollars,” crypto research firm Second Mountain announced shortly before the SEC approved the ETFs. However, some say it may not immediately lead to an uptrend.
Bitcoin prices dropped 15% after the spot Bitcoin ETF was approved for trading on January 10, and it took 30 days for the price to spike 30% to $51,870.
There are also lingering concerns that Grayscale's announcement of plans to convert the Grayscale Ethereum Trust (ETHE) into a spot Ether ETF could lead to significant outflows - similar to the Grayscale Bitcoin Trust (GBTC) after the conversion into an ETF in January.
“Grayscale has also resubmitted its ETHE registration. Do you remember the GBTC outflow? Over $11 billion in ETH has been stuck for 7 years,” trader Rho Rider warned.
Since spot Bitcoin ETFs began trading on January 11, GBTC has seen $17.6 billion in divestments. “ETH is shockingly undervalued,” independent Ethereum educator Sassal claimed, arguing that the market only had three days to “price in ETF approval.”
#Bitcoin #SNX #SNXis the coin to buy before Bitcoin regains the 73k mark and ATH in the next cycle.
On March 14, 2024, Bitcoin (BTC) reached an all-time high of $73,750.07, marking a major milestone in cryptocurrency history. This event not only shows the growing acceptance and adoption of Bitcoin, but also paves the way for other altcoins to ride the bull market wave.
As Bitcoin continues its journey to regain all-time highs, investors are eagerly looking for opportunities to capitalize on the potential profits of other cryptocurrencies, so $SNX is a top priority.
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SNX buy entry : 2.5xx
Short-term TP: 3.2-3.5$
HOLD : 10-16$ (x4 to x6)
SNX doesn't have stl, go down and buy more.
SNX is at its bottom and the 2.4$ zone has strong support, everyone buys and waits for results.
When the vast majority of people start to believe that BTC will fall to 54k-52k (even 50k-48k), Sharks and Big Funds will do the OPPOSITE.
According to recent data and the Usdt.D index, most traders are storing most of the USDt and waiting for a strong crash from the market to CATCH THE BOTTOM. (In that case, the game is too easy).
Channel Than Tai Crypto predicts that after Halving, Btc will grow strongly alone, breaking ATH and reaching the 85k area so that everyone can get in line, at this time the FOMO mentality will be at its maximum, right now when everyone is oversleeping. On victory, it will be when Btc dumps strongly to the 50k-48k area
The Crypto game is for Sharks and Big Funds, so it will always go against Crowd Psychology.
This is just a personal opinion - not investment advice.
Please follow Than Tai Crypto Channel for more multi-dimensional perspectives on Crypto.
+Circulation at listing: 10,391,492 OMNI (10.39% of total supply)
+ Binance will then list OMNI at 19:00 on April 17, 2024 (Vietnam time) and open trading functions for OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD trading pairs and OMNI/TRY.
+ Binance account registration link for new users:
Hey guys! Don't forget to farm free Saga (SAGA) on Binance Launchpool 💰
👑 There are 2 pools for you to join: Total pool: 45,000,000 SAGA (4.5% of total token supply) 🔸BNB: https://launchpad.binance.com/en/launchpool/SAGA_BNB 🔸FDUSD: https://launchpad.binance.com/en/launchpool/SAGA_FDUSD
🖥 Detailed information about the SAGA project:
✅ SAGA token information: ⭐️Total supply: 11,000,000,000 SAGA ⭐️Circulation at listing: 90,000,000 SAGA (9% of total supply) ⭐️Binance will then list SAGA at 14:00 (UTC) on April 9, 2024 and open trading for the trading pairs SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY .
The 51st Binance Launchpool - Saga Binance launches the 51st Binance Launchpool - Saga (SAGA). SAGA farm website will be available on Binance in less than 5 hours. You can stake BNB and FDUSD for 4 days from 7:00 a.m. April 5, 2024. ▪️Allocation: There is 45M SAGA (4.5% supply) allocated to Launchpool. 36M SAGA (80%) for $BNB stakers, 9M SAGA (20%) for $FDUSD. Binance will list SAGA at 21:00 UTC+7, April 9, 2024 ▪️About Saga: Saga is an L1 Blockchain that allows developers to automatically create parallel and interoperable dedicated chains that can flexibly expand according to Web3 application needs. ▪️Backer: ▪️Conditions for participating in Launchpool: - Have a KYC Binance account - Stake $BNB or $FDUSD (no lock)
➡️ See details HERE (https://www.binance.com/vi/support/announcement/introducing-saga-saga-on-binance-launchpool-farm-saga-by-staking-bnb-and-fdusd-22674210af2b4d35b7ddc62c243d66fa )
➡️ Register a Binance account to join Launchpool at:
Continuing another#restakingproject to #binance Launchpool after the success of $ETHFI
After a period of focusing on GameFi and Restaking ETHFI projects, this time #Binance diversifies its portfolio with a decentralized stablecoin project called#Ethena(ENA)
Join Farm Ethena (ENA) within 3 days, starting from 07:00 on March 30 ENA list: Will be announced at 3:00 pm on April 2 Vietnam time.
About Ethena: About the ETHena Labs project, this is a decentralized stablecoin protocol built on the Ethereum platform. The goal is to provide a stablecoin solution that does not rely on the traditional banking system, while also including a USD saving tool called Internet Bond. ETHena's stablecoin USDe uses a delta hedging strategy that is fully transparent and can be automated across various DeFi applications. This makes USDe a safe and effective stablecoin option in the DeFi space.
The project raised a $6.5M seed round in 2023 and raised an additional $14M strategic round in 2024. Raising the project's valuation to $300M.
The project has a powerful backer system such as: Binance Labs, PayPal, Gemini, Deribit, Bybit, OKX, Delphi Digital......
Launchpool ENA information and how to participate: To participate in Farm $ENA , you need to stake BNB and FDUSD. - Token name: ETHena (ENA)
- Total Token Supply: 15,000,000,000 $ENA - Launch Token reward: 300,000,000 ENA (equivalent to 2% of total supply) - Total Initial Circulating Supply: 1,425,000,000 ENA (accounting for 9.5% of total supply) Staking conditions: KYC required Information to you.
Binance has announced the launch of AEVO (AEVO), a decentralized derivatives trading platform, as the 48th project on its Launchpool platform.
Users will be able to stake their BNB and FDUSD into separate pools to farm AEVO tokens for 5 days, starting March 8, 2024 at 00:00 UTC (7:00 the same day Vietnam time).
According to AEVO Launchpool details, AEVO's maximum token supply is 1,000,000,000 AEVO, of which 45,000,000 AEVO (4.5%) will be distributed as Launchpool rewards.
The initial circulating supply of AEVO will be 110,000,000 AEVO (11%). AEVO's smart contract address is 0x… (Ethereum).
Users who want to join Launchpool must complete KYC verification and adhere to the hourly hard cap per user, which is 30,000 AEVO for the BNB pool and 7,500 AEVO for the FDUSD pool. Supported pools are:
• Stake BNB: Reward 36,000,000 AEVO (80%) • Stake FDUSD: Reward 9,000,000 AEVO (20%) • The farming period will last from March 8, 2024 at 00:00 UTC (7:00 Vietnam time) to March 12, 2024 at 23:59 UTC (March 13 6:59 Vietnam time). Male).
Daily rewards for each pool are as follows:
Binance will list AEVO on March 13, 2024 at 10:00 UTC (17:00 Vietnam time) and open trading with the following pairs: AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY. AEVO is a promising project that aims to provide a decentralized and scalable solution for derivatives trading in the crypto space.
Users interested in AEVO can visit the Binance Launchpool website (available in approximately 24 hours) to learn more about the project and join the Launchpool.
Tham gia Binance Vietnam Tele: https ://t. me/binancevietnamese & Follow Binance Vietnam.
Binance Announces 47th Project on Launchpool - Portal (PORTAL)
Users will be able to stake their BNB and FDUSD into separate pools to farm PORTAL tokens for seven days, with farming starting from 02/22/2024 00:00 (UTC).
Launchpool PORTAL information: - Launchpool reward: 50,000,000 PORTAL (5% of total supply) - Initial circulation: 167,134,615 PORTAL (16.71% of total supply) - Staking terms: KYC required.
➡️ Register a Binance account to join Launchpool 👇🏻👇🏻👇🏻