flowermarine
@flowermarine
Visual Communicator, Data Analyst, and Spanish-language Stacks Ambassador.
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sBTC within the Stacks ecosystem is the bridge that connects BTC with Web3 ✨
sBTC (Stacked Bitcoin) is a token that represents Bitcoin (BTC) within the ecosystem of @Stacks Network , a network that allows smart contracts and decentralized applications secured by Bitcoin. It is a type of synthetic asset, designed to be a one-to-one equivalent with Bitcoin, meaning that each sBTC must have a backing of 1 BTC.
Main features of sBTC
1. Interoperability with Bitcoin:
sBTC allows users to interact with decentralized applications (dApps) in <t-169/>#Stacks without losing exposure to the value of Bitcoin. This is possible because sBTC is directly anchored to the value of BTC.
Main features of sBTC
1. Interoperability with Bitcoin:
sBTC allows users to interact with decentralized applications (dApps) in <t-169/>#Stacks without losing exposure to the value of Bitcoin. This is possible because sBTC is directly anchored to the value of BTC.
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In the coming days? Ummm could expect a performance similar to what $USUAL has been doing, launched last month. That is, that $PENGU reaches a value of $1, at least.
I keep my $PENGU and I will continue to keep it 👊 I believe it will give us good movements next year 🌻🍀
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5 significant events about $PENGU that have influenced its price and trend in the market
Since December 20, 2024, several significant events related to the token <t-21/>#PENGU of Pudgy Penguins have been recorded that have influenced its price and trend in the market. The following highlights five relevant news items:
1. Launch and initial price drop of PENGU: Following its launch, the PENGU token experienced an initial rise, followed by a drop of over 50% in its value. This volatility is attributed to selling pressure following a massive airdrop that distributed approximately 70% of the circulating tokens.
1. Launch and initial price drop of PENGU: Following its launch, the PENGU token experienced an initial rise, followed by a drop of over 50% in its value. This volatility is attributed to selling pressure following a massive airdrop that distributed approximately 70% of the circulating tokens.
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I keep my $PENGU and I will continue to keep it 👊 I believe it will give us good movements next year 🌻🍀
$BTC : Beyond the Volatility, a Revolution in Motion 👏
To those feeling anxious about Bitcoin's recent price drop and the ripple effect on altcoins and memecoins: remember that #Bitcoin is more than just a financial asset—it’s a global paradigm shift. Price volatility is a natural part of its growth, but its true power lies in the principles it embodies: decentralization, financial sovereignty, and an escape from the control of the fiat system, which continuously erodes value through inflation.
Bitcoin is the first truly free currency in modern history, powered by a network that cannot be censored or manipulated. Every market cycle has shown us that despite temporary declines, Bitcoin always prevails, breaking previous highs and gaining broader adoption and trust worldwide.
This is a moment to pause and breathe, not panic. Short-term volatility does not define the future of this transformative technology. Keep a long-term perspective, and remember that Bitcoin's fundamentals remain unshaken. Those who understand the shift it represents know that its real value far exceeds today’s price.
#Write2Earn
To those feeling anxious about Bitcoin's recent price drop and the ripple effect on altcoins and memecoins: remember that #Bitcoin is more than just a financial asset—it’s a global paradigm shift. Price volatility is a natural part of its growth, but its true power lies in the principles it embodies: decentralization, financial sovereignty, and an escape from the control of the fiat system, which continuously erodes value through inflation.
Bitcoin is the first truly free currency in modern history, powered by a network that cannot be censored or manipulated. Every market cycle has shown us that despite temporary declines, Bitcoin always prevails, breaking previous highs and gaining broader adoption and trust worldwide.
This is a moment to pause and breathe, not panic. Short-term volatility does not define the future of this transformative technology. Keep a long-term perspective, and remember that Bitcoin's fundamentals remain unshaken. Those who understand the shift it represents know that its real value far exceeds today’s price.
#Write2Earn
👊
If you are worried about the current cryptocurrency crashes, I assure you that there is no need to panic. What you are witnessing is a strategic phase of the market known as Wyckoff accumulation. This method is widely used by large investors or “whales” to accumulate assets at discounted prices from less experienced traders who mistakenly believe that the market is headed for a major crash.
Here is how it works: Initially, the price drops significantly, creating fear and uncertainty. It briefly recovers, giving traders hope, only to fall even further afterwards. This pattern repeats itself, with each drop shaking the confidence of those holding the asset. Over time, the price steadily declines until it hits a crucial low point, often referred to as a “triple bottom.” At this stage, many traders, who were once optimistic about the asset’s potential, lose all hope and sell their holdings at a loss, believing that a further decline is inevitable.
However, this phase is not the end – it is the foundation of a strong uptrend. Whales take advantage of pessimism to buy at these rock bottom prices. Once they have accumulated enough, the price begins to rise steadily, often resulting in a powerful rally.
The key lesson here is patience and perspective. Don't let fear cause you to sell your assets at a loss. This accumulation phase is a common strategy designed to manipulate emotions and transfer wealth from impatient traders to experienced investors. Stay calm, avoid impulsive decisions, and trust the process – this phase often sets the stage for a significant price increase.
Here is how it works: Initially, the price drops significantly, creating fear and uncertainty. It briefly recovers, giving traders hope, only to fall even further afterwards. This pattern repeats itself, with each drop shaking the confidence of those holding the asset. Over time, the price steadily declines until it hits a crucial low point, often referred to as a “triple bottom.” At this stage, many traders, who were once optimistic about the asset’s potential, lose all hope and sell their holdings at a loss, believing that a further decline is inevitable.
However, this phase is not the end – it is the foundation of a strong uptrend. Whales take advantage of pessimism to buy at these rock bottom prices. Once they have accumulated enough, the price begins to rise steadily, often resulting in a powerful rally.
The key lesson here is patience and perspective. Don't let fear cause you to sell your assets at a loss. This accumulation phase is a common strategy designed to manipulate emotions and transfer wealth from impatient traders to experienced investors. Stay calm, avoid impulsive decisions, and trust the process – this phase often sets the stage for a significant price increase.
👊
Binance Square Official
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Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
👊 STX to $6 very soon ⌛
$TRX $XRP $STX
3 currencies that will most likely have a strong rise in the coming period if the price of Bitcoin rises again
Waiting 🚀🚀🚀
3 currencies that will most likely have a strong rise in the coming period if the price of Bitcoin rises again
Waiting 🚀🚀🚀
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Did you know that $STX was the first token approved by the SEC?
Stacks ($STX ) has a unique characteristic in the world of cryptocurrencies: it was the first token approved by the #SEC (U.S. Securities and Exchange Commission) to be sold publicly under a regulated framework. This was achieved because Blockstack PBC, the company behind Stacks, decided to register the #STX offering under Regulation A+ in 2019, a mechanism designed to help startups and small businesses raise funds transparently and legally in the U.S.
🥲💔
$PENGU As expected, it went back to 0.3
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I bought $PENGU with an average cost of $0.003 and I see my balance in losses 🫠🙄 WTF!
I invested $50 and now I have less than $35 😐
I invested $50 and now I have less than $35 😐
sBTC is here! 🤯 *December 17th at 11 AM ET 🟧 $STX 🍀 The next chapter for @Stacks Network has begun ✨
The sBTC launch marks a significant milestone for the #stacks community, as it introduces a Bitcoin-backed token (1:1), enabling deeper integration of #Bitcoin into the #DeFi ecosystem. Here's what we can expect in the coming days regarding price action for Stacks (STX) and memecoins like $WELSH:
🟧 Impact on Stacks $STX
Historically, major developments in the Stacks network have positively influenced STX’s price. For example, prior to the "Nakamoto" upgrade and the sBTC launch, STX surged by 30%. While past performance doesn’t guarantee future results, the release of sBTC today could reignite interest in Stacks and reflect positively on its price action over the next few days.
🟧 Impact on Memecoins Like $WELSH:
$WELSH, known as the first dog memecoin in the Stacks ecosystem, has garnered attention within the community. The introduction of sBTC could increase liquidity and activity in the Stacks ecosystem, benefiting tokens like $WELSH. However, it’s crucial to note that memecoins are highly volatile, and their value often depends on speculative factors.
🟧 Key Takeaways:
While the sBTC launch has the potential to drive growth in the Stacks ecosystem and related tokens, it’s essential to remember that the cryptocurrency market remains highly volatile and influenced by external factors. Investors are advised to conduct thorough research and assess their risk tolerance before making financial decisions.
👊 sBTC is here ✨
The next chapter for Stacks has begun 🔥
🟧 Impact on Stacks $STX
Historically, major developments in the Stacks network have positively influenced STX’s price. For example, prior to the "Nakamoto" upgrade and the sBTC launch, STX surged by 30%. While past performance doesn’t guarantee future results, the release of sBTC today could reignite interest in Stacks and reflect positively on its price action over the next few days.
🟧 Impact on Memecoins Like $WELSH:
$WELSH, known as the first dog memecoin in the Stacks ecosystem, has garnered attention within the community. The introduction of sBTC could increase liquidity and activity in the Stacks ecosystem, benefiting tokens like $WELSH. However, it’s crucial to note that memecoins are highly volatile, and their value often depends on speculative factors.
🟧 Key Takeaways:
While the sBTC launch has the potential to drive growth in the Stacks ecosystem and related tokens, it’s essential to remember that the cryptocurrency market remains highly volatile and influenced by external factors. Investors are advised to conduct thorough research and assess their risk tolerance before making financial decisions.
👊 sBTC is here ✨
The next chapter for Stacks has begun 🔥
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I expect a strong movement of $STX in the next few hours... sBTC will be the trigger 💥
$STX is set to pump so bad in the next few days. Had Binance not been so ignorant about the development around Stacks coin and its ecosystem, such as hundreds of young and talented developers being onboarded from Harvard, the Nakamoto upgrade that has come to live back in October, and the revolutionary sBTC bridging asset that is being activated tomorrow, we would have seen a much more phenomenal rally u til now. Foe some reason, Binance has been silent about this, not letting people see the amazing opportunity to earn. Don’t know why !?!
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Stacks stands out as one of the best layer 2 (L2) solutions for Bitcoin
Stacks stands out as one of the best Layer 2 (L2) solutions for #Bitcoin due to its unique features that position it as a powerful tool for extending Bitcoin’s capabilities. Here are the key reasons:
1. Secure smart contracts anchored to Bitcoin
Clarity: Stacks uses the <t-74/>#Clarity smart contract language, which is predictable and auditable, significantly reducing the risk of bugs or exploits like those seen in Ethereum.
These contracts run independently, but important transactions and states are anchored to the Bitcoin main chain, taking advantage of its security and decentralization.
1. Secure smart contracts anchored to Bitcoin
Clarity: Stacks uses the <t-74/>#Clarity smart contract language, which is predictable and auditable, significantly reducing the risk of bugs or exploits like those seen in Ethereum.
These contracts run independently, but important transactions and states are anchored to the Bitcoin main chain, taking advantage of its security and decentralization.
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on December 17th, the launch of sBTC will take place, and this implies a HUGE increase in liquidity that benefits Stacks and its entire ecosystem.
📈 Exciting news for $STX /USDT traders!
The price of STX has shown a strong increase of 5.74% in the past 24 hours, reaching $2.358. The BOLL indicator suggests a bullish trend, with an upper band at $2.403 and a lower band at $2.185.
🔍 Technical Analysis:
- 24h High: $2.392
- 24h Low: $2.165
- 24h Volume (STX): 13.62M
- 24h Volume (USDT): 30.95M
⚡️ Trading Signal:
Based on the current trend and analysis, I recommend a BUY position with a target price of $2.914 and a stop loss at $2.211.
#STX
The price of STX has shown a strong increase of 5.74% in the past 24 hours, reaching $2.358. The BOLL indicator suggests a bullish trend, with an upper band at $2.403 and a lower band at $2.185.
🔍 Technical Analysis:
- 24h High: $2.392
- 24h Low: $2.165
- 24h Volume (STX): 13.62M
- 24h Volume (USDT): 30.95M
⚡️ Trading Signal:
Based on the current trend and analysis, I recommend a BUY position with a target price of $2.914 and a stop loss at $2.211.
#STX