Hi there, welcome to my feed. I will be sharing advice, experiences, market sentiments, and suggestions, which will help your trading, but no financial advice.
Worldcoin Airdrop Launch: A Guide to Claiming WLD Tokens for Free
Worldcoin, an innovative cryptocurrency project with the ambitious goal of establishing a worldwide identity system, has officially kicked off its highly anticipated #airdrop . These airdrops are strategically designed to disseminate $WLD tokens, the native currency of the Worldcoin ecosystem, to individuals across the globe.
To secure your share of $WLD tokens without cost, the first step is to download the Worldcoin app. Following this, you'll need to undergo a straightforward identity verifi
- $BTC Bitcoin now less volatile than Nasdaq, S&P 500 and #gold 'eruption is near' says K33 Research
Justin Sun withdraws $52.5m from Aave and purchases 5m $CRV ($2.9m) from Curve founder Michael Egorov for $2m in what appears to be an OTC deal and partners with Curve
- Uniswap delists $HEX
- Mithril is now live on $ADA Cardano. Aims to increase chain speed and efficiency, particularly reducing node syncing time without compromising security.
- Arkham Intelligence says Terraform Labs May Be Holding Over $159,000,000 in #crypto Despite Claims of Almost Losing Everything
- Voyager Digital Customer Data Reportedly Hacked During Bankruptcy Proceedings
Shiba Inu Whales Buy Over 1 Trillion $SHIB in Anticipation of Shibarium Launch
$SHIB burn rate has also experienced a massive upswing, doubling in just 24 hours. This recent spike has came following a successful price breakout that has invigorated the #shibainu community.
The meme coin’s surge can be attributed to the #shibarium Beta Bridge, which went live for public testing this week. The move is part of an ambitious roadmap that seeks to transform the Shiba Inu project into a complete #ecosystem
Shibarium is a layer 2 protocol and it is compatible with $ETH ERC-20 token standard and enhances scalability.
Shibarium will leverage four tokens, namely, BONE, TREAT, SHIB, and LEASH, for applications developed on top of the #blockchain
Often times, the market looks to be in an upward movement, but then again, after a little while, everything turns red. For seasoned investors, red is a good opportunity for an entry, after careful analysis of course. The idea is to accumulate at low prices and wait for a push up.
Here are a few coins to look when the market is down.
1. $BNB #Binance token has been the best performer in the last bear market, losing only about a third of it’s value. With a lot of utilities, it is one to buy 2. $SOL 3. $ADA 4. #ETH gas fees may have been a major issue on the ethereum network, but is a solid chain with a lot of developers 5. #FTM 6. #Near 8. Tron 9. #matic 10. Link 11. 1inch
As always, DYOR, and have an accumulation plan.
What other tokens do you think are worth looking at?
Bitcoin $BTC displays a robust bullish outlook, with long-term holders showing a notable absence of selling pressure. This bag holding contributes to the reduced selling pressure in the market.
While low selling pressure doesn’t guarantee an immediate price increase, it suggests that #BTC is less likely to be at its cyclic top, providing a positive sign for investors and enthusiasts alike.
Despite positive indicators, #bitcoin price remains just below $30,000, with the U.S. Federal Reserve’s upcoming decision on a 25-basis point rate increase creating market uncertainty.
Other top assets like $ETH and $BNB are still ranging without visible sell offs.
And as long as people are not in a hurry to sell, the #bull run isn’t over yet.
Chainlink is the industry-standard Web3 services platform connecting the people, businesses, and data of today with the Web3 world of tomorrow.
5. SXP
Solar is a decentralised blockchain using a Delegated Proof of Stake consensus model which is secured by 53 elected block producers that validate transactions.
6. Algo
Algorand accelerates the convergence between decentralized & traditional finance.
Cryptocurrencies have become a hot topic in recent years, with Dogecoin $DOGE gaining significant attention. Dogecoin's rise from a meme-inspired #cryptocurrency to a popular digital asset has sparked speculation about its future potential. One question that often arises is whether Dogecoin will ever reach the $1 mark. In this article, we will explore the factors influencing Dogecoin's price, analyze its chances of hitting $1, and discuss the potential benefits and risks associated with such
#multichain (MULTI), a cross-chain bridge protocol, has closed operations due to funding shortages and the arrest of its founder, Zhaojun, by Chinese officials.
Pending transfers were stuck, causing issues for the protocol. Zhaojun's family granted access to his desktop, which partially resumed operations.
However, Zhaojun's sister accessed client funds and moved at least $200 million worth of cryptocurrency. Chinese authorities have seized assets and forced Multichain to close.
Overall, Multichain's closure is a result of funding issues, combined with Zhaojun's arrest and the subsequent complications arising from his family's actions. The situation has led to uncertainty regarding the fate of the protocol and the assets held by Multichain.
#Binance created the peer to peer market place (P2P) to help users source #cryptocurrency by buying and selling to their peers directly. This is very important in countries like #Nigeria where the government has imposed very tough #crypto sanctions that prevents the citizens from freely accessing crypto.
Using the P2P market is supposedly an easy task, and Binance took some extra steps to ensure security, but there are a couple of things to make users lose money and below is a few
* Paying with an account with names different from the one on Binance.
* Falling for users who engage in #P2PScam by releasing assets without confirming receipt of funds
* Paying into an account different from the sellers account.
There could be others but these are the most common ones, stay safe.
In #crypto , you always hear that diamond hands always win. While this could be true in some cases, most of the time, it never is true. Most projects set out with good road maps and a clear vision of what they want to achieve, but the survival and longevity of a project lies with the adoption of the project by it's community, and how quickly new and dedicated members join the community.
So, sometimes, an asset might hold a lot of potential but over time, they are not good to #hold on the long run. they could rug, or not be accepted by the community, and in some cases, some of the founding members might exit and the project slowly fades.
I lost over $4,000 on two of such projects, $SLP and $FIS I held for a long time hoping for a #pump but it kept dumping.
• $ARB - Arbitrum Day event starts on July 19th, there are expected to be major reveals.
• $MATIC - Polygon has a Polygon 2.0 announcement coming next week
• $SOL - Solana’s On-chain metrics are starting to look good following the pump of last week.
Generally, there could be a mild retracement in the prices of assets this week after the surge of last week led by #Ripple's victory, but a lot of assests have shown a potential for an upsurge.
A lot of other assets are also supposed to make a move this week according #crypto #Twitter , these include $Pendle and $Grail. $pendle can be found on #Binance , but $Grail isn’t listed yet.
As always, these aren’t Financial advice, please always do you research before investing in any #cryptocurrency token.
Ripple #XRP saw a massive 90%+ surge today on #Binance accompanied by a substantial 24-hour trading volume of $4.3 billion, and here is why.
This price increase can be attributed to a ruling by a US judge, who declared XRP as not being a security. This ruling marks a crucial victory for Ripple Labs and carries wide-ranging implications for the entire #cryptocurrency community.
Where next?
With the newfound legitimacy of tokens and increased interest from institutional investors, this ruling has the potential to reshape the perception and utilization of #crypto . Although the ruling may still be subject to potential appeal, the positive response in XRP's price and that of other assets like $BTC $SOL and others indicates an optimistic outlook for Ripple and the broader #crypto industry.
$DOGE is one of the most popular animal themed meme coins which was released in 2013 as a fork of $LTC and has a 140,142,016,384 circulating supply.
It rose to prominence in the #cryptocurrency community when Tesla CEO began tweeting about it. It rose to a high of $0.73 on #Binance in 2021.
Doge is a fun meme coin that has seen acceptance as a form of payment in some places and has a very loyal community.
While Dogecoin has gained significant attention in the past year, it's price has been quite volatile, making it difficult to predict its future. Some analysts predict that #Dogecoin may reach $1 in 2023, but others believe that the cryptocurrency's price is more likely to continue to fluctuate and probably fall lower than its current price.
Tokens that will stand the test of the crypto market
Over time in the #crypto market, tokens come with lots of promises, but they rug as quickly as they launch. (A rug pull is a scam where a #cryptocurrency or NFT developer hypes a project to attract investor money, only to suddenly shut down or disappear, taking investor assets with them.)
Crypto investors are often advised to invest their money in assets that have strong fundamentals, assets that will stand the test of the bear of the crypto market.
Below I’ll share some.
1. $BNB The native token of #Binance , BNB sits at $248 from ATH of over $600. With its use cases, BNB is speculated to be worth $2000 in the future
2. $ADA Often dubbed as #Ethereum killer, ADA sits at 0.29 from an ATH of over $3. It is a gem.
The very first dilemma that people making their foray into #crypto in 2023 face isn't choosing which to buy between industry accepted assets like $BTC and $ETH , or meme coins like $DOGE and #pepe , it is understanding, and choosing who they want to be in their crypto journey.
There are basically lots of paths to take in crypto, but these paths can be broadly subdivided into
Investing
Trading.
Each of these paths, find in themselves, various subcategories.
When Sam Bankman-Fried and his FTX scandal hit the #crypto community, few people thought it would have the kind of impact it did on the price of assets, even less few people thought $SOL would plunge to the depths it did.
But given that Sam held a lot Solana and was a vocal advocate of the chain dubbed $ETH killer, perhaps the price drop was a justified reaction.
But $SOL has bounced back nicely, reaching a high of almost $30, falling back to around $12 before picking up in recent days to above 20, which it holds as at the time of writing.
Solana is a very fast, cheap and reliable network, with a lot of on chain activities and developers choosing it over its more expensive alternatives. Given it’s fundamentals, the questions isn’t if it will reach $100, but when, and given the bull run, soon.
#bitcoin has had a lot of #GOATMoments and so many not so #GOATMoments . A couple of months ago, $BTC was sitting pretty at about $15k and a lot of predictions held that bitcoin would go below the $9k dollar mark.
But it did not.
Instead, BTC is currently slightly above $30k on #Binance and though there are little corrections, the general idea is that it could reach $40k or more by the end of 2023.
But what is more important than bitcoin reclaiming it’s all time high of $67k, is that if you ever intend to have some bitcoin, now is the right time to buy.
Will it be a straight ride through to $67k? Most likely not. Will it reach ATH? Yes. As more countries and big players jostle to get their hands on $BTC , best be assured it will.
A couple of years ago, play to earn games were the rage in the #cryptocommunity , with Axie infinity and its token $AXS leading the charge.
Users only needed to have a gaming NFT to participate in these P2E games, and as at September 2022, Axie infinity had sold more than $6 billion worth of NFTs!
SLP was the potion used to feed the Axies, and at it’s all time high, it touched $0.3999. Some speculated it would touch the $1 mark, seeing as $AXS did a similar remarkable run from $0.12 to $164 (per coin gecko), but it kept reaching new lows and as at the time of writing, currently priced at $0.0016.
So what happened to SLP?
The rewards from play to earn games dropped and as they did, so did the price of tokens.
One thing constant with the crypto verse is the rise and fall of trends. At every point in time, there seems to be something struggling for the attention of the #crypto community.
Last two years up until early last year, it was NFTs and Memecoins.
$DOGE , $SHIB , and other animal themed memecoins took the crypto space by a storm, but where are they now? Some of these projects have rugged!
Because, most memecoins, have no use case.
So remember this, the very next time someone asks you to throw a few precious dollars into these type of projects. They sometimes give a crazy ROI, but more than 90 % of the time, they crash, and badly too. So, if you do not have a few dollars to lose, do not buy meme coins, they do not produce many #GOATMoments as people would have you believe.