Binance held a conference, why did BNB still drop? Does it follow the crypto circle rule that prices always drop during conferences?

The entire cryptocurrency community is actually waiting for the results of the US election. My judgment is that regardless of the election outcome, BTC is a certain opportunity. However, if Trump becomes president, it will be beneficial for VC-type altcoins, as there may be a legal definition given from a legal perspective. Altcoins will do well, and BNB will do even better!

I bought a Polish UBE gift card on Coinsee using Binancepay. It was very smooth and convenient, and the payment was automatically converted to Euros. 👍

In fact, there are many old projects with good technology and innovation, such as POW. Now their prices and market capitalizations are much lower than memes. Is it not okay to hype them as memes?

Meme accounts for almost one-tenth of the cryptocurrency market. Eleven of the top 100 tokens are meme projects, which was unthinkable in the past. The market capitalization is ranked from high to low: doge shiba pepe wif bonk popcat floki brett NEIRO not and mog. Old investors are saying they don’t understand. Who is buying? Who is taking over?

FTT has sounded the clarion call for altcoins. Every time the altcoin market starts, there will be a unique way of exiting, and each time it is different. If you don't find the right way, you will get good returns. In the past, there was an old saying in the altcoin market that new coins are more popular than old ones, because old coins are heavy and new coins are lighter and more suitable for pulling the market. Now, on the contrary, which new coin is not overvalued? A bunch of BVs are holding cheap chips and preparing to cash out. In comparison, the old coins that have undergone sufficient market fluctuations seem lighter.
A few favorite old coins: DCR, CHR, XVS

cz gm, the king is back
The bull is coming

One of the highlights of this round is that BNB and ETH compete for the second place in market value. From the perspective of the traditional currency circle, this is almost impossible and a fantasy, because ETH has a longer history and pioneered smart contracts. But if you stand on the moon and look at the earth, apart from history, who has more users? Is it Binance or ETH public chain? Who has more assets, Binance or ETH public chain? Whose economic model is more reasonable? It is really difficult to tell the difference.

For the elderly, they may first come into contact with ETH and then Binance Exchange; for those who have entered the currency circle in recent years, they may first come into contact with Binance and then the ETH public chain. For example, many new friends around me have not used the ETH public chain yet.

When you are unsure about what copycat to buy, just do some bnb, the copycat leader. It started with copycat trading and is not soft on distributing chips to holders. This year, launchpool has a new feature, either there is no, or two at a time.

This round of copycats has not been able to gain momentum. In addition to the lack of new narratives, there should be another reason, which is that there are fewer retail investors. The main force of the bull market in 2017 was retail investors in China and South Korea. The bull market in 2021 is mainly retail investors in the United States (the epidemic received subsidies from the US government). By 2024, the state of retail investors in the United States is a large-scale credit card expectation; retail investors in China cannot deposit funds, and no new retail investors enter the market. The strength of BTC depends on the behavior of institutions after the approval of ETFs.

Will atom return to the bear market price of 2020? It fell below 4u

In previous years, there were many commemorative posts for September 4th, but this year, there are much fewer. This shows that the number of elderly people who have experienced September 4th has visibly decreased. Some of them should have retired after their success and turned to the health and baby-making circles to enjoy the second half of their lives; others should have been eliminated by the market. Those in the middle are still working hard to earn.

Commemorating 9.4. 9.4 was the first major risk warning education. On 9.4, I still had a lot of braised pork HSRs. I chatted with a client at noon and had no time to check the market. After chatting for a few hours, I was shocked when I opened my phone. The braised pork fell from more than 100 to more than 20. It was the first time I was educated by the market. It turns out that the currency circle can fall so much. From then on, I have a new understanding of the currency circle and a new understanding of the policy. It also avoids bigger pits in the future.

The current crypto market is very similar to China's A-share market, with large-cap stocks holding up well and small- and medium-cap stocks falling. Now BTC and BNB are trading sideways, and the overall altcoins are falling.

What is the safety margin of altcoins? The biggest safety margin is not to be delisted by Binance. Most of the altcoins that have been delisted have basically been sluggish in terms of price performance. For example, the privacy coin beam, which has been tracked for a long time, has been below 0.1u for a long time after being delisted by Binance. This has never happened on Binance.

Another Nordic public chain project, chr, can be seen through the blockchain browser that more than 50% of the tokens are connected to Binance. The possibility of being delisted is relatively low. The main force can control the market at a relatively high level, forming activity, and it is not easy to be delisted, so it can be played for a long time.

The cryptocurrency market is now in a bull market in terms of total market value and a bear market in terms of popularity. A long-term active group has begun to discuss bank stocks and long-term government bonds in the A-share market.

The MimbleWimble protocol has a unique position in the field of privacy coins, especially compared with other privacy coins such as Zcash, Monero (XMR), and Dash. Its design concept and technical implementation are significantly different. The following is a comparison and evaluation of MimbleWimble with Zcash, Monero, and Dash:
MimbleWimble’s Uniqueness and Advantages:
1. Balance between privacy and scalability:
MimbleWimble achieves a balance of privacy and scalability through its transaction merging and stateless output technology. This means that it can not only provide higher privacy protection, but also reduce the storage requirements of the blockchain and improve the efficiency of the network. This is a significant advantage among privacy coins.
2. Transaction anonymity:
MimbleWimble hides the sender, receiver and transaction amount of all transactions, making it almost impossible for outside observers to infer any information about the transaction. This is similar to Monero's ring signatures, stealth addresses, and confidential transactions, but MimbleWimble is simpler and more efficient in its implementation.
3. Better scalability:
Compared to Zcash and Monero, MimbleWimble’s blockchain does not swell significantly as transactions increase. Its ability to merge transactions means the blockchain is able to remain smaller over time, which gives it a significant advantage in terms of scalability.

Due to the compliance requirements of exchanges, various privacy tokens have to be delisted. The more privacy, the easier it is to be delisted, such as xmr. In the cryptocurrency circle before 2022, the privacy track is a very important track, and it is also highly praised and favored by major early KOLs. At present, the privacy track is in a downturn as a whole, regardless of the currency price, market value or traffic. Of course, the wind and water will turn, and the privacy track will eventually have a king's return. Today, we will talk about a protocol in the privacy track field, MimbleWimble.

The MimbleWimble protocol is a cryptographic protocol designed to improve the privacy and scalability of blockchains. It was first proposed by an anonymous developer in 2016 under the name "Tom Elvis Jedusor" (this name is the original name of Voldemort in the French version of "Harry Potter"). The name of the MimbleWimble protocol comes from a mute spell in "Harry Potter", implying its privacy protection function.

Main features:

1. Privacy protection:
MimbleWimble protects the privacy of users by eliminating explicit information about transactions. In this protocol, the sender, receiver, and transaction amount of the transaction will not be publicly recorded on the blockchain. This makes it difficult for observers to track the flow of transactions, thereby improving privacy.
2. Scalability:
MimbleWimble improves the scalability of the blockchain through a technology called "transaction merging". It can merge multiple transactions into a single transaction, reducing the storage requirements of the blockchain and improving the processing efficiency of the network.
3. Stateless output:
MimbleWimble does not rely on the traditional UTXO (unspent transaction output) model, but uses "zero-knowledge proof" to verify the legitimacy of transactions. The output of the transaction is hidden by encryption, which means that the blockchain does not need to store the complete transaction history, thereby reducing the amount of data.
4. Atomic swap:
The MimbleWimble protocol also supports off-chain atomic swaps, allowing users to directly exchange cryptocurrencies without trust.

There are currently three tokens using the MimbleWimble protocol: beam, grin, and ltc.