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đšđ±Blum Coin Delays IPO: What You Need to Knowđ±đš
Blum Coin has announced a delay in its highly anticipated initial public offering (IPO), originally set for October 1, 2024.
Key Details: - New Launch Timeline: The new date for the IPO has not yet been announced. The postponement is aimed at allowing the team more time to perfect the platform's architecture and enhance user experience. - Initial Price: The price of $2.00 per coin, initially planned for the launch, will remain unchanged. - Reason for Delay: The delay is focused on refining key features, including security and scalability, to ensure a smooth and reliable user experience. Market and Outlook: - Analyst Perspective: Despite the delay, market analysts remain positive about Blum Coinâs prospects. The growing demand for blockchain solutions and favorable market conditions for the final quarter of the year are seen as strong indicators of potential success. - Fair Launch Commitment: Blum Coin is committed to a transparent and fair launch process, with efforts to distribute tokens equitably among early adopters and investors. - Ongoing Communication: The team pledges to keep stakeholders informed with regular updates on the revised timeline and any other significant developments. Blum Coinâs focus on improving platform security and scalability, alongside its commitment to regulatory compliance, aims to ensure a robust and successful launch when it occurs. Stay tuned for further updates on the revised IPO schedule.
đšSushiSwap Partners With Goat Trading To Launch New Meme Coin Feature Dojođš
According to BlockBeats, on September 3, SushiSwap announced a collaboration with Goat Trading to introduce a new meme coin issuance feature called Dojo. SushiSwap stated that tokens issued through Dojo will only exist on Sushi V3 and will not be moved to other platforms. This approach aims to prevent the tokens from being sold off immediately after launch, as seen on other platforms. Additionally, all liquidity will be destroyed, eliminating the risk of scams. By utilizing narrow liquidity on Sushi V3, SushiSwap enables users to sell tokens without slippage. Users can provide liquidity and sell as prices rise, rather than dumping on the market, thus avoiding sell-offs. This feature allows whales, snipers, and teams to sell without causing significant market impact. The initial market capitalization for tokens will be raised to $15,000. Although this is a minor change compared to the $5,000 starting market cap on other platforms, it significantly increases the cost for snipers to steal tokens at launch.
This is an incredible result, Majors! Your activity pleases us more and more. The listing is coming soon, which means itâs will be our turn to delight you!
The Top-100 players have already received their rewards for August in TON, and as for the rest â donât be discouraged! Weâve removed the weekly and monthly tops, leaving only the overall leaderboard, where you can immediately see how many $MAJOR tokens you will receive. And remember...
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đšBlum Token (BLUM) Airdrop Alert on Binance! đš
Get ready for an exciting crypto event! Binance is hosting the highly anticipated **Blum (BLUM) token airdrop** on **September 20, 2024**. Hereâs what you need to know to grab this golden opportunity: đïž **Airdrop Date**: September 20, 2024 â Circle this date on your calendar! đ„ **Why This Matters**: Airdrops are a golden opportunity to get in early on a new project. With BLUMâs innovative approach to DeFi, this could be a game-changer for your crypto portfolio with minimal investment. đ **Binance's Role**: As one of the worldâs top exchanges, Binance is hosting the BLUM airdrop to introduce the token to a larger audience and boost user engagement. đĄ **Airdrop Details**: - **Eligibility**: Complete tasks like following Binance's social media or holding certain tokens. Check Binanceâs announcement for specifics. - **Distribution**: Details on the number of tokens and distribution timing will be revealed on Binanceâs airdrop page. đ **Predicted Price Movements**: Expect some initial volatility! BLUMâs price could fluctuate due to market sentiment and demand. Stay informed about trends to make smart moves with your tokens. â **Maximize Your Experience**: - **Stay Informed**: Regularly check Binanceâs airdrop page and crypto news. - **Participate Actively**: Complete all required tasks to increase your chances of receiving BLUM tokens and boost your crypto presence. This airdrop is your chance to be part of something big. **Prepare now** and donât miss out on the chance to join the BLUM revolution! đđ° #BlumAirdrop #BLUM #BlumCrypto #CryptoMarketMoves
Binance Did Not Freeze Palestinian Crypto Wallets, Claims CEO Teng
Rechard Teng has dismissed allegations made by Ray Youssef, founder of the peer-to-peer Bitcoin (BTC) trading platform NoOnes, that the crypto exchange froze Palestinian assets on the exchange at the request of Israeli authorities. The controversy started following Youssefâs August 26 message on X, where he accused Binance of complying with directives to freeze accounts connected to Palestinian users. Teng Dismisses Assertions as âFUD,â Youssef Fires Back Teng responded to these claims in an August 28 X post where he described the claims as âFUD,â an acronym for fear, uncertainty, and doubt. Furthermore, he said that only a limited number of accounts were blocked from transacting, and all of them were linked to illicit funds. The Binance CEO noted that some statements made about the situation were inaccurate and emphasized that, as a global crypto exchange, his company adheres to internationally accepted anti-money laundering regulations, similar to other financial institutions. The post also expressed his desire for peace, âMost importantly, we hope for a lasting peace throughout the region.â However, Youssef responded to Tengâs statement, condemning it as an attempt to downplay the situation. âThis whitewashed gibberish will not work and only makes you look worse,â he retorted. The NoOnes founder accused Binance of giving in to pressure from authorities, suggesting that the company âhas no choiceâ but to comply due to the influence he alleges Israel holds over global financial and media structures. âYes, the Israelis wield tremendous power, they control the worldâs mightiest nation, the U.S. and the entire financial and media structures of the world,â he claimed. The Allegations Youssefâs original post included a letter in Hebrew purportedly from Paul Landes, head of Israelâs National Bureau for Counter Terror Financing, along with a translation. It rejected an appeal against a seizure order dating back to November 1, 2023, #CryptoMarketMoves#BinanceBlockchainWeek#DOGSONBINANCE
Cryptocurrency Thefts Surpass $1.2 Billion in 2024 Amid Rising Concerns
According to Odaily, following the latest hacking incident in August, cryptocurrency hackers have stolen over $1.2 billion, heightening concerns about the widespread adoption of digital currencies. So far in 2024, the crypto industry has experienced 154 hacking and theft incidents, resulting in a loss of $1.21 billion in digital assets. This figure represents a 15.5% increase compared to the same period in 2023, when losses slightly exceeded $1 billion, according to a report by Immunefi.Mitchell Amador, founder and CEO of Immunefi, expressed concern over this troubling trend, suggesting that the amount stolen by hackers in 2023 could be surpassed this year. He stated, 'It is difficult to make predictions, but the ecosystem is always at risk of a severe and successful attack, which could significantly increase these numbers. We must remain vigilant to mitigate such risks.'In August, hackers stole over $15 million worth of cryptocurrency, a significant decrease of 94% compared to the $274 million stolen in July. $BTC $ETH #CryptoMarketMoves #BinanceBlockchainWeek
Cats Coin Price Prediction: What Will Be the Listing Price?
Overview of $CATS
The memecoin community is abuzz as the $CATS token prepares for its debut on major crypto exchanges. Drawing inspiration from the popular Dog-themed tokens, $CATS has already garnered significant attention, amassing over 20 million Telegram users. With an airdrop scheduled before September 30th, anticipation is high among crypto enthusiasts for this cat-themed token.
CATS Token Listed on Bitget Pre-Market
The buzz surrounding $CATS has intensified with its recent listing on Bitget for pre-market trading. Traders are keenly watching the tokenâs potential, and speculation is growing that $CATS might soon be listed on Binance. Such a listing could drive its price to new heights.
Current Market Metrics
Last Price: $0.000728 per CATS 24-Hour Total Volume: $102,730 Total Volume (USDT): $241,040 Total Supply: 600,000,000,000 CATS Market Cap Calculation
To estimate the market capitalization (market cap) and predict future price scenarios, we use the formula:
Current Market Cap: $436.8 million (at $0.000728 price) Potential Market Caps: $600 million (at $0.001) $3 billion (at $0.005) $6 billion (at $0.01) Conclusion
Based on the current data:
At its current price, $CATS has a market cap of approximately $436.8 million. A price rise to $0.001 would increase the market cap to about $600 million. If the price reaches $0.005, the market cap could climb to $3 billion. A price of $0.01 would result in a market cap of around $6 billion. These predictions are based on the current market conditions .
**Boost Your Daily Profits with Binance!** GIVE ME VOTE AND COLLECT YOUR GIFT đđđ Want to earn $100 daily with Binance? Follow this simple guide to turn your trading into regular profits: 1. **Pick Your Pairs**: Trade high-volatility pairs like BTC/USDT or ETH/USDT for better gains. 2. **Set Daily Goals**: Aim for a 1-2% profit on your trading capital. For a $10,000 account, thatâs $100 a day! 3. **Use a Strategy**: Try mean reversionâbuy when prices drop below the average, and sell when they go above. 4. **Protect Your Profits**: Set stop-loss orders 2-3% below your entry price and take-profit orders 2-3% above to secure your earnings and limit losses. 5. **Trade at the Best Times**: Focus on trading between 12:00-16:00 UTC when the market is most active. 6. **Automate Your Trades**: Use Binanceâs tools like âStop-Limitâ orders to trade even when youâre not online. 7. **Spread Your Capital**: Distribute your funds across different trades to reduce risk and increase chances of daily profits. 8. **Manage Risks**: Set a daily loss limit (e.g., 5% of your capital) and avoid using too much leverage. 9. **Stay Updated**: Keep track of market news and trends to adjust your strategy and stay on target. Ready to make $100 a day? Start trading on Binance now! #squarecommunity #DOGSONBINANCE
Bitcoin Plunges to $59,000 As Global Crypto Market Cap Drops 6% The crypto market has once again erased all the gains from the past few days as Bitcoin has plunged to the $59,000 level amidst the drop in overall crypto market cap. Bitcoin, which was showing positive momentum as it regained the $63,000 level yesterday, has wiped off all its gains in the last 24 hours. BTC fell as low as $58,000 before climbing back to its current price above $59,000. Ethereum, on the other hand, lost 8% of its value during this period. ETH went from a 24-hour high of $2,700 to as low as $2,400. Global crypto market cap sheds 6% The overall cryptocurrency market has taken a tumultuous hit, with a 6% decrease recorded in the last 24 hours as per CoinMarketCap data. The bloodbath has also caused the top 20 altcoins to register single digit losses. Even though the AI tokens have been surging in anticipation of the Nvidia Q2 earnings report, the market crash took the tokens down with it, erasing the gains from the past few days. Coinglass data also shows that total crypto liquidations crossed $320 million in the last 24 hours. Over 87,700 traders were liquidated, with the largest single liquidation of $12.67 million. However, the exact reason for the sell-off and price dump remains unclear. Toncoin and a few meme coins trade in the green Interestingly, amidst the overall crash, the newly launched meme coin sensation DOGS, popular Solana meme coin POPCAT, and even Toncoin are trading in the green. DOGS and POPCAT are up by 2%, while TON is hovering near $5.3 with a 1% gain.
Toncoin nosedived by over 21% after Telegram founder Pavel Durov was arrested in France. Data from Tonscan also shows that the TON network is likely facing an outage as the network hasnât processed any transactions in the last four hours. The crypto fear and greed index has also fallen to the fear level at 30. According to Alternative data, the fear and greed index was standing at 48 in a neutral stance yesterday. However, the emotions and sentiments have triggered fear and panic among investo
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Terra Opens New Shuttle Bridge Interface for Asset Redemption
According to Odaily, Terra has announced on social media that the new Shuttle Bridge interface is now available for redeeming wrapped assets. This reopening allows users to transfer LUNC and USTC assets bridged to the Ethereum mainnet, BNB Chain (BSC), and Harmony network back to Terra Classic. The bridge will remain open until 30 days after the effective date of Terraform Lab's Chapter 11 bankruptcy plan, which is expected to be around October 30, 2024, based on the anticipated effective date of September 30, 2024, though this date may change.The reopening of the bridge provides users with the opportunity to redeem their assets and use them as needed. It is crucial for users to redeem their assets as soon as possible. Once the bridge closes, any assets still in the contract will be destroyed, and the bridge will be permanently closed.
According to Odaily, Sony Group has launched its new Ethereum Layer 2 network, Soneium, on the testnet. Owlto Finance has become the first cross-chain bridge to integrate with this testnet. Users can now transfer ETH test tokens between Sepolia, Berachain, and the Soneium testnet through Owlto Finance. Currently, Owlto Finance serves nearly 2 million users across more than 200 countries and regions. Soneium aims to leverage Sony Group's diverse business portfolio to create Web3 applications that appeal to the general public. Together, Owlto and Soneium are set to drive the adoption of Web3 into mainstream markets. #CryptoMarketMoves #MarketExperts
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