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In 2021, I bought Ethereum at 4700, and then the price fell, so I uninstalled all the exchanges.
I returned to society and lived a normal life. I worked hard and diligently. However, I always believed that I would return to the crypto market because I firmly believed in the future of cryptocurrency.
When my colleagues who had never been involved in the crypto market started talking about Bitcoin breaking $100,000, I couldn't help but shed tears.
This fixed thinking made me believe that Ethereum would also rise wildly one day. Yes, after more than a thousand days and nights of suffering, I finally decided to re-enter the market.
Under the eyes of the whole village, I opened the exchange platform where I had fought again, and seeing the price of Ethereum at 3300, I felt a little overwhelmed in an instant.
I returned to society and lived a normal life. I worked hard and diligently. However, I always believed that I would return to the crypto market because I firmly believed in the future of cryptocurrency.
When my colleagues who had never been involved in the crypto market started talking about Bitcoin breaking $100,000, I couldn't help but shed tears.
This fixed thinking made me believe that Ethereum would also rise wildly one day. Yes, after more than a thousand days and nights of suffering, I finally decided to re-enter the market.
Under the eyes of the whole village, I opened the exchange platform where I had fought again, and seeing the price of Ethereum at 3300, I felt a little overwhelmed in an instant.
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GMT is about to burn up to 600 million tokens!!! Worth up to 1.2 billion dollars!!!
STEPN Introduction: STEPN is a blockchain-based "move-to-earn" game where users earn tokens (GMT) and NFT shoes by walking or running. It combines the concepts of a healthy lifestyle, NFTs, and DeFi, aiming to motivate people to engage in physical activities through gaming.
The BURNGMT voting plan is initiated by GMT DAO, and the voting period for BURNGMT is from November 21, 2024, to January 20, 2025.
The tokens to be burned are 600 million GMT donated to GMT DAO after the GMT team repurchased the unlocked GMT from investors and advisors! This shows the strong financial power and great vision of the GMT team!
In the past, GMT has already burned 13% of the tokens, with the burngmt plan - 600 million GMT soft lockup ready for voting to burn, accounting for 10% of the total.
Mechanism to trigger the burn: The triggering of the burn mechanism relies on the voting results of the community. Users can participate in voting by locking up GMT to decide whether to burn these repurchased tokens. If the majority of users vote in favor, these tokens will be burned.
Voting lockup mechanism: To participate in the BURNGMT voting, users need to lock up a certain amount of GMT tokens.
Rate of return: During the voting process, 100 million GMT will be distributed as participation rewards, meaning that users participating in the voting may receive additional GMT tokens as rewards. The specific rate of return will depend on the number of participants, voting results, and the final allocation of incentive amounts.
GMT Team Background Strength: GMT is part of the STEPN project, and the STEPN team has a certain reputation in the cryptocurrency and blockchain gaming field. They are the champions of the Solana Ignition Hackathon Gaming Track, demonstrating their capabilities in combining blockchain technology and gaming.
We encourage everyone to keep an eye on the progress of the GMT BURNGMT voting event!!!
#GMT投票燃烧计划
STEPN Introduction: STEPN is a blockchain-based "move-to-earn" game where users earn tokens (GMT) and NFT shoes by walking or running. It combines the concepts of a healthy lifestyle, NFTs, and DeFi, aiming to motivate people to engage in physical activities through gaming.
The BURNGMT voting plan is initiated by GMT DAO, and the voting period for BURNGMT is from November 21, 2024, to January 20, 2025.
The tokens to be burned are 600 million GMT donated to GMT DAO after the GMT team repurchased the unlocked GMT from investors and advisors! This shows the strong financial power and great vision of the GMT team!
In the past, GMT has already burned 13% of the tokens, with the burngmt plan - 600 million GMT soft lockup ready for voting to burn, accounting for 10% of the total.
Mechanism to trigger the burn: The triggering of the burn mechanism relies on the voting results of the community. Users can participate in voting by locking up GMT to decide whether to burn these repurchased tokens. If the majority of users vote in favor, these tokens will be burned.
Voting lockup mechanism: To participate in the BURNGMT voting, users need to lock up a certain amount of GMT tokens.
Rate of return: During the voting process, 100 million GMT will be distributed as participation rewards, meaning that users participating in the voting may receive additional GMT tokens as rewards. The specific rate of return will depend on the number of participants, voting results, and the final allocation of incentive amounts.
GMT Team Background Strength: GMT is part of the STEPN project, and the STEPN team has a certain reputation in the cryptocurrency and blockchain gaming field. They are the champions of the Solana Ignition Hackathon Gaming Track, demonstrating their capabilities in combining blockchain technology and gaming.
We encourage everyone to keep an eye on the progress of the GMT BURNGMT voting event!!!
#GMT投票燃烧计划
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Sol's local dog coin issuance leader PUMP has started crazy mode!!!
First, Xiaohaige live broadcasted the issuance of coins. After cutting tens of thousands of dollars, he raised his middle finger to the camera, arousing people's anger and directly pulling the token to a market value of tens of millions
Xiaohaige's coins were also sold for millions of dollars!!!
Today, various live broadcast coin issuance modes are launched. There are things that others can't do except what you can't think of...
First, Xiaohaige live broadcasted the issuance of coins. After cutting tens of thousands of dollars, he raised his middle finger to the camera, arousing people's anger and directly pulling the token to a market value of tens of millions
Xiaohaige's coins were also sold for millions of dollars!!!
Today, various live broadcast coin issuance modes are launched. There are things that others can't do except what you can't think of...
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As the TikTok meme wave sweeps over, it is also important to protect your wallet.
TikTok Meme Coin CHILL GUY has been continuously rising since the 19th, with a 24H trading volume exceeding 300 million USD, and its market cap has quickly surged to 500 million USD, drawing market attention to TikTok Memes.
Some have lost 50% during the research process, after binge-watching short videos all night, they ended up losing 50%!!!
TikTok Meme Coin CHILL GUY has been continuously rising since the 19th, with a 24H trading volume exceeding 300 million USD, and its market cap has quickly surged to 500 million USD, drawing market attention to TikTok Memes.
Some have lost 50% during the research process, after binge-watching short videos all night, they ended up losing 50%!!!
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BTC is dominating, it's about to break the 100K barrier
Will the spring of altcoins come again?
In this round of market, the correlation between BTC's trend and the trend of altcoins is extremely low!
BTC is now controlled by capital, BTC rises while altcoins suffer
When BTC drops a little, altcoins plummet, now only if BTC remains stable, will altcoins have a chance to take off!
Will the spring of altcoins come again?
In this round of market, the correlation between BTC's trend and the trend of altcoins is extremely low!
BTC is now controlled by capital, BTC rises while altcoins suffer
When BTC drops a little, altcoins plummet, now only if BTC remains stable, will altcoins have a chance to take off!
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Most of the SOL memes have a deep pullback!!!
The price of sol has also been affected to a certain extent. In the afternoon, there was an apt pump, and apt once rose to $13.5!!!
As the apt pump sentiment subsided, apt also pulled back
Next, there may be a sector rotation. The sol meme has been high for so long, it is likely that other sectors will have their turn to exert their strength!
The price of sol has also been affected to a certain extent. In the afternoon, there was an apt pump, and apt once rose to $13.5!!!
As the apt pump sentiment subsided, apt also pulled back
Next, there may be a sector rotation. The sol meme has been high for so long, it is likely that other sectors will have their turn to exert their strength!
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Large Investor Tongluowan Happy Brother's Cryptocurrency Trading Journey In the cryptocurrency market, the movements of large investors are always highly regarded.
Recently, a large investor named Tongluowan Happy Brother bought BOME tokens for $2.3 million on March 15 this year, demonstrating strong confidence in the market. However, the ever-changing market does not always go as investors wish.
By November 15, Tongluowan Happy Brother took action again, purchasing 4.37 million LESTER tokens for 3,217 SOL (approximately $670,000). However, this investment did not go well, and a floating loss of $530,000 has already occurred, with assets shrinking by 78.7%. This loss is undoubtedly a direct reflection of market volatility.
However, the matter did not end there. Within 13 hours after Litecoin's official Twitter confirmed that Lester would be kept as its mascot, Tongluowan Happy Brother increased his holdings again, adding 10.2 million LESTER tokens. The average cost of this purchase was $0.07752. Such actions indicate his firm confidence in the future value of LESTER tokens, or some sort of prediction regarding short-term market fluctuations.
It is worth noting that Tongluowan Happy Brother's high-frequency trading activities in the Memecoin market are also eye-catching. Among them, his single trade on the Pnut token made a profit of over $10 million. This achievement is sufficient to prove his keen insight and operational ability in the Memecoin market.
Tongluowan Happy Brother's investment strategy seems to be a typical "high-risk, high-reward" model. He not only pays attention to traditional cryptocurrency projects but also actively participates in emerging markets like Memecoin, capturing short-term opportunities through high-frequency trading. Although his investment in LESTER tokens faced setbacks, his keen observation of the market and quick response ability have allowed him to gain substantial returns in other areas.
This investment strategy provides us with an interesting insight: in the cryptocurrency market, investors need to have the ability to make quick decisions, as well as a deep understanding and intuition about market trends. The example of Tongluowan Happy Brother tells us that cryptocurrency investment is a contest of intelligence, patience, and courage.
Recently, a large investor named Tongluowan Happy Brother bought BOME tokens for $2.3 million on March 15 this year, demonstrating strong confidence in the market. However, the ever-changing market does not always go as investors wish.
By November 15, Tongluowan Happy Brother took action again, purchasing 4.37 million LESTER tokens for 3,217 SOL (approximately $670,000). However, this investment did not go well, and a floating loss of $530,000 has already occurred, with assets shrinking by 78.7%. This loss is undoubtedly a direct reflection of market volatility.
However, the matter did not end there. Within 13 hours after Litecoin's official Twitter confirmed that Lester would be kept as its mascot, Tongluowan Happy Brother increased his holdings again, adding 10.2 million LESTER tokens. The average cost of this purchase was $0.07752. Such actions indicate his firm confidence in the future value of LESTER tokens, or some sort of prediction regarding short-term market fluctuations.
It is worth noting that Tongluowan Happy Brother's high-frequency trading activities in the Memecoin market are also eye-catching. Among them, his single trade on the Pnut token made a profit of over $10 million. This achievement is sufficient to prove his keen insight and operational ability in the Memecoin market.
Tongluowan Happy Brother's investment strategy seems to be a typical "high-risk, high-reward" model. He not only pays attention to traditional cryptocurrency projects but also actively participates in emerging markets like Memecoin, capturing short-term opportunities through high-frequency trading. Although his investment in LESTER tokens faced setbacks, his keen observation of the market and quick response ability have allowed him to gain substantial returns in other areas.
This investment strategy provides us with an interesting insight: in the cryptocurrency market, investors need to have the ability to make quick decisions, as well as a deep understanding and intuition about market trends. The example of Tongluowan Happy Brother tells us that cryptocurrency investment is a contest of intelligence, patience, and courage.
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A kid issued a token called Quant on live broadcast, and sold it soon after, then raised his middle finger to the camera, mocking the person who was cut!
In a short period of time, the market value directly rushed to 77M, and the kid sold it for more than one million dollars!!!
In a short period of time, the market value directly rushed to 77M, and the kid sold it for more than one million dollars!!!
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UXLINK has been working on something!!! UXLINK is working on something awesome!!!
V God mentioned something called account abstraction at Devcon in Thailand today. The purpose of account abstraction is to simplify complex account functions so that users can use it more simply and conveniently.
UXLINX is also currently working on account abstraction, with the goal of integrating users' social accounts and wallets on various chains into one account, so that users can interact more easily.
V God's views are consistent with UXLINK's Social Growth Layer, One account, One gas concept, and are also worth looking forward to.
Related documents: https://docs.uxlink.io/layer/technology/one-account-account-abstraction
#uxlink #devcon2024
V God mentioned something called account abstraction at Devcon in Thailand today. The purpose of account abstraction is to simplify complex account functions so that users can use it more simply and conveniently.
UXLINX is also currently working on account abstraction, with the goal of integrating users' social accounts and wallets on various chains into one account, so that users can interact more easily.
V God's views are consistent with UXLINK's Social Growth Layer, One account, One gas concept, and are also worth looking forward to.
Related documents: https://docs.uxlink.io/layer/technology/one-account-account-abstraction
#uxlink #devcon2024
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The US election affects the safety of the cryptocurrency market!!!
The impact of the US election on the cryptocurrency market is usually multifaceted:
Policy and Regulatory Expectations: Democratic vs Republican Policies: Different parties may adopt different regulatory attitudes towards cryptocurrency and blockchain technology. The Democratic Party may lean towards stricter regulations to protect consumers and market stability, while the Republican Party may be more supportive of innovation and less government intervention. However, specifically for the 2024 election, the personal positions of the candidates and the policies they propose will also play a key role. For example, if Trump supports cryptocurrency, he may promote a more favorable policy environment.
Market Sentiment and Investor Confidence: The uncertainty of election results may lead to market volatility. Investors may adjust their investment strategies based on the candidates' policy proposals, especially in high-risk assets like cryptocurrency. If the market expects a government friendly to cryptocurrency to come to power, it may see an increase in the prices of cryptocurrencies like Bitcoin, and vice versa.
Media and Public Opinion Influence: Media coverage and public discussion during the election period will also impact the cryptocurrency market. Candidates' comments on cryptocurrency can spread quickly through news and social media, influencing market sentiment. For example, if a candidate publicly supports or opposes cryptocurrency, it may significantly affect the market in the short term.
Economic Policies and Stimulus Measures: A new government may launch different economic stimulus plans or fiscal policies that could indirectly affect the demand for cryptocurrency. For example, loose monetary policy is generally considered beneficial for assets like Bitcoin, which are seen as "digital gold," as investors may seek tools to hedge against inflation.
Legislative Progress: In the US Congress, legislation regarding cryptocurrency may be influenced by the newly elected president. The speed and content of the legislative process may directly or indirectly affect the legality and market acceptance of cryptocurrency.
Overall, in the short term, election results may bring market volatility, while the long-term impact will depend on the specific policy implementation of the new government.
#美国大选后涨或跌？
The impact of the US election on the cryptocurrency market is usually multifaceted:
Policy and Regulatory Expectations: Democratic vs Republican Policies: Different parties may adopt different regulatory attitudes towards cryptocurrency and blockchain technology. The Democratic Party may lean towards stricter regulations to protect consumers and market stability, while the Republican Party may be more supportive of innovation and less government intervention. However, specifically for the 2024 election, the personal positions of the candidates and the policies they propose will also play a key role. For example, if Trump supports cryptocurrency, he may promote a more favorable policy environment.
Market Sentiment and Investor Confidence: The uncertainty of election results may lead to market volatility. Investors may adjust their investment strategies based on the candidates' policy proposals, especially in high-risk assets like cryptocurrency. If the market expects a government friendly to cryptocurrency to come to power, it may see an increase in the prices of cryptocurrencies like Bitcoin, and vice versa.
Media and Public Opinion Influence: Media coverage and public discussion during the election period will also impact the cryptocurrency market. Candidates' comments on cryptocurrency can spread quickly through news and social media, influencing market sentiment. For example, if a candidate publicly supports or opposes cryptocurrency, it may significantly affect the market in the short term.
Economic Policies and Stimulus Measures: A new government may launch different economic stimulus plans or fiscal policies that could indirectly affect the demand for cryptocurrency. For example, loose monetary policy is generally considered beneficial for assets like Bitcoin, which are seen as "digital gold," as investors may seek tools to hedge against inflation.
Legislative Progress: In the US Congress, legislation regarding cryptocurrency may be influenced by the newly elected president. The speed and content of the legislative process may directly or indirectly affect the legality and market acceptance of cryptocurrency.
Overall, in the short term, election results may bring market volatility, while the long-term impact will depend on the specific policy implementation of the new government.
#美国大选后涨或跌？
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Today's developments in the 2024 U.S. election: Latest polls show Harris and Trump in a dead heat
Voter perceptions of the U.S. economy
If there is one issue that could determine the election outcome, it is the economy.
Repeated polls show that American voters are most concerned about their wallets.
So how is the U.S. economy performing?
In many ways, it is strong—in fact, by most indicators, it leaves other developed countries in the dust.
Gross Domestic Product grew by 2.8% from July to September, while it grew by 3% in the previous quarter.
In contrast, the Eurozone only grew by 0.4% and 0.2% during the same period.
Nevertheless, most American voters in polls indicate that the economy is in poor shape.
The most compelling reason for this disconnect is that consumers are still feeling the impact of high inflation.
Although wage growth has outpaced price increases for more than a year, wage growth is still insufficient to fully offset the spike in living costs during the COVID-19 pandemic.
Analysts predict that people's real purchasing power will not fully recover to January 2021 levels until the second quarter of next year.
It is widely believed that negative economic sentiment is a burden for Harris, who represents the incumbent government, although recent polls show she has made some progress in undermining Trump's advantage on this issue.
Voter perceptions of the U.S. economy
If there is one issue that could determine the election outcome, it is the economy.
Repeated polls show that American voters are most concerned about their wallets.
So how is the U.S. economy performing?
In many ways, it is strong—in fact, by most indicators, it leaves other developed countries in the dust.
Gross Domestic Product grew by 2.8% from July to September, while it grew by 3% in the previous quarter.
In contrast, the Eurozone only grew by 0.4% and 0.2% during the same period.
Nevertheless, most American voters in polls indicate that the economy is in poor shape.
The most compelling reason for this disconnect is that consumers are still feeling the impact of high inflation.
Although wage growth has outpaced price increases for more than a year, wage growth is still insufficient to fully offset the spike in living costs during the COVID-19 pandemic.
Analysts predict that people's real purchasing power will not fully recover to January 2021 levels until the second quarter of next year.
It is widely believed that negative economic sentiment is a burden for Harris, who represents the incumbent government, although recent polls show she has made some progress in undermining Trump's advantage on this issue.
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Breaking News: Bitcoin's founder Satoshi Nakamoto is going to conduct a live broadcast for the entire network tomorrow!!!
Who exactly is Satoshi Nakamoto, is the mystery about to be revealed?
Does this represent a significant negative impact for BTC!!!
It implies a lack of decentralization!
Who exactly is Satoshi Nakamoto, is the mystery about to be revealed?
Does this represent a significant negative impact for BTC!!!
It implies a lack of decentralization!
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It has been 16 years since Satoshi Nakamoto published the Bitcoin white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" on the P2P foundation website.
The Bitcoin network was officially launched on January 3, 2009, and the initial trading price of Bitcoin was $0.0008. Today, Bitcoin has gradually appreciated over 90 million times since its launch.
According to market data, the current price of Bitcoin is $72,309, with a total market capitalization of $1.43 trillion.
The Bitcoin network was officially launched on January 3, 2009, and the initial trading price of Bitcoin was $0.0008. Today, Bitcoin has gradually appreciated over 90 million times since its launch.
According to market data, the current price of Bitcoin is $72,309, with a total market capitalization of $1.43 trillion.
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The Thousandfold Journey of BNB (Binance Coin)!!!
This is a story about the perfect combination of market, technology, marketing, and timing.
Here are some key points of the thousandfold appreciation journey of BNB:
Initial Issuance and Pricing: BNB was issued through an ICO (Initial Coin Offering) on July 25, 2017, with an initial price of $0.10. If you purchased BNB at that time, every dollar could have turned into thousands of dollars today.
Growth in Market Demand and Trading Volume: As the trading volume of Binance exchange surged, the demand for BNB as a trading fee discount tool also increased. Binance quickly became one of the largest exchanges in the world by trading volume, directly driving the value of BNB.
Technological Innovation: Binance shifted from the Ethereum ecosystem to its own Binance Chain, improving transaction speed and reducing fees. This was followed by the launch of Binance Smart Chain (BSC), which provided an Ethereum-compatible environment that is faster and cheaper. This greatly increased the ecosystem value of BNB.
Market Strategy: Binance reduces the circulating supply of BNB by regularly burning a portion of it, which theoretically increases the value of the remaining BNB. Additionally, BNB is used for various activities on Binance, voting, payments, etc., further enhancing its utility value.
Community and Brand Effect: Binance has built a strong brand awareness and user base globally. Through promotional activities, community engagement, education programs, etc., BNB is not just a token but a brand symbol that helps attract more investors and users.
Market Dynamics and Macroeconomic Environment: The overall prosperity of the cryptocurrency market has driven the value growth of BNB. The bull market of Bitcoin and other major cryptocurrencies has directly or indirectly pushed up the price of BNB.
Expanded Use Cases: BNB has extensive application scenarios not only on the Binance platform but also has started to be accepted elsewhere as a means of payment, expanding its potential market. Regulation and Compliance: Although the regulatory environment poses challenges to the overall cryptocurrency industry, Binance strives to maintain compliance globally, bringing relative stability and credibility to BNB.
The thousandfold appreciation path of BNB is not just a result of market opportunities but also a comprehensive reflection of the strategic planning, technological innovation, and successful marketing strategies of the Binance team.
This is a story about the perfect combination of market, technology, marketing, and timing.
Here are some key points of the thousandfold appreciation journey of BNB:
Initial Issuance and Pricing: BNB was issued through an ICO (Initial Coin Offering) on July 25, 2017, with an initial price of $0.10. If you purchased BNB at that time, every dollar could have turned into thousands of dollars today.
Growth in Market Demand and Trading Volume: As the trading volume of Binance exchange surged, the demand for BNB as a trading fee discount tool also increased. Binance quickly became one of the largest exchanges in the world by trading volume, directly driving the value of BNB.
Technological Innovation: Binance shifted from the Ethereum ecosystem to its own Binance Chain, improving transaction speed and reducing fees. This was followed by the launch of Binance Smart Chain (BSC), which provided an Ethereum-compatible environment that is faster and cheaper. This greatly increased the ecosystem value of BNB.
Market Strategy: Binance reduces the circulating supply of BNB by regularly burning a portion of it, which theoretically increases the value of the remaining BNB. Additionally, BNB is used for various activities on Binance, voting, payments, etc., further enhancing its utility value.
Community and Brand Effect: Binance has built a strong brand awareness and user base globally. Through promotional activities, community engagement, education programs, etc., BNB is not just a token but a brand symbol that helps attract more investors and users.
Market Dynamics and Macroeconomic Environment: The overall prosperity of the cryptocurrency market has driven the value growth of BNB. The bull market of Bitcoin and other major cryptocurrencies has directly or indirectly pushed up the price of BNB.
Expanded Use Cases: BNB has extensive application scenarios not only on the Binance platform but also has started to be accepted elsewhere as a means of payment, expanding its potential market. Regulation and Compliance: Although the regulatory environment poses challenges to the overall cryptocurrency industry, Binance strives to maintain compliance globally, bringing relative stability and credibility to BNB.
The thousandfold appreciation path of BNB is not just a result of market opportunities but also a comprehensive reflection of the strategic planning, technological innovation, and successful marketing strategies of the Binance team.