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🪙 Binance Fires the 3rd Shot on AirDrops Portal: Movement (MOVE) 🌟
It seems many of us are feeling the pain today as the entire market faced a pretty strong flash dump, right? But amidst the gloom, a few rays of hope emerged. One of them is $MOVE, the token that rewards those who worked hard on airdrops and reaped the benefits after some time aping the project. 🪙
Today, as I browsed Telegram, everyone seems to be talking about MOVE. 🗣
Let’s dive into Movement ($MOVE) with the admin:
1️⃣ What is Movement?
Movement is a modular framework that enables the construction and deployment of blockchains using the Move programming language. It is designed to be integrable and scalable, with interoperability with Avalanche and other ecosystems.
2️⃣ Movement’s Products • M1: A new Layer 1 blockchain designed for flexibility, adaptability, and ease of use, utilizing Move as its programming language. • M2: A Layer 2 blockchain built with Move, currently operating as a Celestia rollup. The mainnet for this Layer 2 will launch soon.
3️⃣ Backers of the Project
The project has successfully raised $41.4 million through three funding rounds, with support from prominent names such as: • OKX Ventures • Polychain Capital • Binance Labs
4️⃣ Project Team
Key members of Movement’s development team include: • Rushi Manche: Co-Founder and CEO of Movement • Cooper Scanlon: Co-Founder and CTO of Movement • Will Gaines: Marketing Director of Movement • Brian Hennessey-Hsieh: Strategy Director of Movement
5️⃣ Tokenomics
➡️ Key Metrics • Token Name: Movement • Ticker: $MOVE • Blockchain: Ethereum, Movement • Total Supply: 10,000,000,000 MOVE • Initial Circulating Supply: 2,250,000,000 (22.5% of total supply)
CZ and Vitalik Buterin attended Devcon Bangkok. Binance recently invested in the decentralized science project, Bio. CZ mentioned he wants to see 1,000 DeSci projects next year. The wealthy all seem to want to live longer. It appears that an anti-aging supplement has also been developed, while emphasizing that DAOs are key to DeSci’s growth; CZ envisions thousands of new DeSci projects in the coming year.
Me: “I’m holding a lot of STRK. When are you planning to push up the token price?” Starknet: “Oh man! Don’t focus on the price. We’re in this for the long run!” 🙄🙄🙄 Who are we, man?
The period from now until the end of November, possibly stretching into mid-December, will likely be the time when Market Makers (MM) make us question everything. 🙄
In the 2020-2021 season (and even in the 2017 season), after $BTC broke out above its previous all-time high (ATH) and continued to rise strongly, altcoins kept dropping.
Let’s take two examples: $DOT, a top coin, and $AVAX, a midcap (from the 2020-2021 season).
On December 16, 2020, $BTC broke out to the 21k mark and continued to climb to 26k by December 25 before making a slight correction.
During that same period:
• $DOT dropped from 5.7 to 4.7, a 20.5% decline. • $AVAX dropped from 3.5 to 2.7, a 23% decline. • Similarly, other altcoins also dropped. A few exceptions, like $DOGE and $LTC, rose alongside $BTC (these were top coins in the 2018 season).
Then, from December 25, 2020, altcoins started collectively hitting their lows and surged until the season ended.
This means that currently, although altcoins are in a downtrend, they could continue to drop to retest previous lows or even set new lows. However, they are all likely to explode spectacularly when the time comes, surprising everyone.
👉 So, I think we shouldn’t hop from coin to coin restlessly, watching something like $NEIRO increase by 5x and feeling tempted to jump in. Let’s be patient, and everyone will get their turn!
Two days ago, Harris unexpectedly narrowed the gap with Trump. However, the distance has now once again widened.
👉 In the “battleground” states, Trump is predicted to win in 4 out of 6, where he’s pulling ahead of Harris. In Wisconsin, Trump is also gradually closing the gap with Harris.
• In reality, $BTC is likely to reach a new ATH this year, regardless of whether Harris or Trump wins, thanks to strong buying pressure from the Bitcoin Spot ETF. This reflects Wall Street’s interest in “digital gold.”
• However, a Trump victory could spark optimism for Altcoins in the crypto market, especially tech-oriented Altcoins (the Trump camp has just launched a DeFi project).
• Trump is expected to accelerate regulations favorable to the crypto market. So if you’re holding Altcoins… maybe head to Polymarket and place a bet on Trump winning =]]
👉 “What you’re buying is the project’s token, not the project itself.” Unfortunately, Layer 2 tokens have almost no use case.
$BASE is the most successful Layer 2 in attracting Dapps and liquidity to TVL, but it doesn’t have a token. $BASE generates its own revenue, with Coinbase being the beneficiary.
In contrast, other Layer 2 projects have yet to generate positive cash flow as they haven’t attracted enough users. Therefore, the cash flow to support devs comes from unlocking tokens and dumping them on the market.
Do you believe Layer 2s will see a strong rally when #altcoinseason begins?
Everyone thinks creating a meme coin is easy, just sit down and work a bit, and it’s done. No need to write a well-prepared white paper; 3-4 pages with a story for show, and that’s it. True – but after making it, how will the community find out? How will you run marketing? How will you get KOLs to talk about it? How will you get it listed on an exchange? No one seems to discuss these things. Famous meme coins all have connections and funding! It’s not like everyone thinks, that you can just create it on a whim and the community will naturally notice, and the money will automatically flow into the dev’s pocket. Nothing happens by itself; everything has a reason behind it.
I just checked the charts of some AI-related tokens, and Worldcoin’s accumulation looks great, very likely to pump!
The Worldcoin chart has broken out of its downtrend after more than two months of sideways movement within an extremely narrow range and very low volume. This shows that the whales are definitely accumulating. And now that they’ve finished accumulating, how will they take profit without pushing the price up for liquidity? According to the daily chart, Worldcoin just needs to break through the price resistance to confirm the strong upward trend of wave C1, which is the whale’s push wave. Our job now is to accumulate within this price range, between price and price, and then take profits at the peak of 9.4812. This way, we can easily multiply our accounts by x times. If we hold tight, we could potentially 10x our accounts.
This chart is currently the strongest in crypto, mainly because it belongs to the AI sector. Earlier in October, OpenAI raised an additional $6.6 billion, bringing its valuation to a staggering $157 billion. And the CEO of OpenAI, Sam Altman, is an angel investor in Worldcoin. So, if you’re not buying Worldcoin, then what are you buying? Not to mention, Worldcoin’s current market cap is only around $650 million, which is extremely low compared to its potential.
This season, aside from $BTC, AI and memes will be the sectors attracting the most capital. Want me to share some top AI or meme coins?
🚨 All 11 Bitcoin Spot ETFs have officially been approved by the SEC for options trading on the New York Stock Exchange (NYSE) and CBOE. This is likely to be a positive signal for the market, as the biggest hurdle, the SEC, has been cleared. However, there is still no official information regarding the listing yet, and I will continuously update with the latest news here. #Lcademy #Lcagency #vietnamkol
Hamster Kombat launchpool on Binance will run from September 23rd to September 25th. Those who have FTUSD or BNB can stake them to receive HMSTR tokens. You can transfer the tokens from our Telegram to Binance for trading on the 26th. How many tokens have you earned so far? Please comment below!
It means that they are preparing to push the price up. Once everyone has staked their assets, the market makers will start driving the price up to restore confidence in the projects on the Ton network. That's my personal opinion; what do you all think?
Hey Startups! If your Mentor tells you, "You can’t do it," then stop collaborating with that Mentor immediately. 1. They don’t believe in your capabilities. 2. They don’t believe in their own advice. The first possibility is more likely. Ending the collaboration will save time for both parties. However, use those words as motivation and prove to them that you can succeed. Focus on the value your team brings to the community and have confidence in your team. That way, mentors will be more likely to want to collaborate with you. Remember that! P.S.: A meaningful conversation with Haseeb Qureshi - Managing Partner at Dragonfly.