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🚨‼️ Mastering Profit and Loss (PNL) in Trading: A Comprehensive Guide‼️🚨In trade, "PNL" stands for Profit and Loss. It refers to the financial result of a trading position, calculated as the difference between the revenue generated from selling assets and the costs incurred to acquire or maintain those assets. - A positive PNL indicates a profit, meaning the trader made money. - A negative PNL indicates a loss, meaning the trader lost money. PNL is used to assess the performance of trades in both traditional markets (stocks, commodities) and in cryptocurrency trad

🚨‼️ Mastering Profit and Loss (PNL) in Trading: A Comprehensive Guide‼️🚨

In trade, "PNL" stands for Profit and Loss. It refers to the financial result of a trading position, calculated as the difference between the revenue generated from selling assets and the costs incurred to acquire or maintain those assets.

- A positive PNL indicates a profit, meaning the trader made money.
- A negative PNL indicates a loss, meaning the trader lost money.
PNL is used to assess the performance of trades in both traditional markets (stocks, commodities) and in cryptocurrency trad
Bitcoin made history by reaching $88,000 and Counting!Not too long ago, $BTC ‘s value saw an impressive surge, reaching the $88,000 mark. With growing momentum, some experts predict it could hit the milestone of $100,000 sooner than expected. This recent increase signals renewed investor confidence in Bitcoin, especially following key political changes in the U.S., which appear to favor pro-crypto policies. Corporate Confidence: MicroStrategy’s Bold $2 Billion Bitcoin Investment Major companies are betting big on Bitcoin. MicroStrategy, one of the

Bitcoin made history by reaching $88,000 and Counting!

Not too long ago, $BTC ‘s value saw an impressive surge, reaching the $88,000 mark. With growing momentum, some experts predict it could hit the milestone of $100,000 sooner than expected. This recent increase signals renewed investor confidence in Bitcoin, especially following key political changes in the U.S., which appear to favor pro-crypto policies.

Corporate Confidence: MicroStrategy’s Bold $2 Billion Bitcoin Investment
Major companies are betting big on Bitcoin. MicroStrategy, one of the
XRPL UpdatesThe XRP Ledger (XRPL) is set for a major upgrade with the launch of its Decentralized Identity (DID) capabilities on October 30, 2024. This enhancement aims to bolster security and user control within the ecosystem. Additionally, the community is exploring native staking features, led by proposals for new protocols that would facilitate yield farming and decentralized lending on XRPL. These advancements signal a significant step toward making XRPL a more versatile platform for users, especially

XRPL Updates

The XRP Ledger (XRPL) is set for a major upgrade with the launch of its Decentralized Identity (DID) capabilities on October 30, 2024. This enhancement aims to bolster security and user control within the ecosystem.
Additionally, the community is exploring native staking features, led by proposals for new protocols that would facilitate yield farming and decentralized lending on XRPL. These advancements signal a significant step toward making XRPL a more versatile platform for users, especially
MemeFi is currently trending with a significant surge in popularity.MemeFi is currently trending with a significant surge in popularity, boasting over 20 million players engaging in its unique tap-to-earn gameplay. Players defeat meme-themed enemies through quick taps, earning virtual currency and rewards through in-game activities. This engaging concept is drawing attention, especially with its recent updates on airdrops, a Token Generation Event (TGE), and upcoming exchange listings. The airdrop model is designed to reward active community members based on the

MemeFi is currently trending with a significant surge in popularity.

MemeFi is currently trending with a significant surge in popularity, boasting over 20 million players engaging in its unique tap-to-earn gameplay. Players defeat meme-themed enemies through quick taps, earning virtual currency and rewards through in-game activities. This engaging concept is drawing attention, especially with its recent updates on airdrops, a Token Generation Event (TGE), and upcoming exchange listings.
The airdrop model is designed to reward active community members based on the
🚨🚨BlackRock’s Spot Bitcoin ETF Approved 🚨🚨The U.S. SEC has approved the listing and trading of options for BlackRock’s spot Bitcoin ETF. This approval is seen as a positive step for institutional adoption of crypto and may influence the market significantly .

🚨🚨BlackRock’s Spot Bitcoin ETF Approved 🚨🚨

The U.S. SEC has approved the listing and trading of options for BlackRock’s spot Bitcoin ETF. This approval is seen as a positive step for institutional adoption of crypto and may influence the market significantly .
🚨Bitcoin Breakout Potential 🚨Analysts are predicting a potential breakout for Bitcoin by late September 2024. Historical data suggests that Bitcoin usually experiences a bullish impulse about 150-160 days after the halving event. While September is known for lower returns, October could be a more promising month for gains, as historical trends show average returns of +22.9% for that month.

🚨Bitcoin Breakout Potential 🚨

Analysts are predicting a potential breakout for Bitcoin by late September 2024. Historical data suggests that Bitcoin usually experiences a bullish impulse about 150-160 days after the halving event.

While September is known for lower returns, October could be a more promising month for gains, as historical trends show average returns of +22.9% for that month.
🚨Binance News: 🚨 Binance’s founder, Changpeng Zhao, is expected to be released from prison on September 29, 2024. His return is likely to boost market sentiment and confidence in the platform, potentially driving up Binance Coin (BNB) and the overall market
🚨Binance News: 🚨

Binance’s founder, Changpeng Zhao, is expected to be released from prison on September 29, 2024. His return is likely to boost market sentiment and confidence in the platform, potentially driving up Binance Coin (BNB) and the overall market
Today’s Crypto News: 1. Coinbase Expands Futures Trading to Retail Investors Coinbase, a leading U.S. crypto exchange, has received regulatory approval to offer futures trading to retail investors in the U.S. This move opens up access to crypto derivatives, allowing users to trade Bitcoin and Ethereum futures with leverage, providing more trading options. 2. Ethereum Developers Delay Shanghai Upgrade Ethereum’s long-awaited Shanghai upgrade, initially set for Q4 2024, has been postponed to early 2025. This update is crucial as it will enable users to withdraw staked ETH, bringing more liquidity to the market. Developers cited the need for more testing before the launch. 3. Bitcoin Rallies Above $30K Amidst ETF Speculation Bitcoin surged past $30,000, driven by renewed speculation that the SEC might approve Bitcoin ETFs soon. Investors are hopeful that the approval could trigger more institutional involvement, driving up prices further. Bitcoin’s rise follows a period of market consolidation.
Today’s Crypto News:

1. Coinbase Expands Futures Trading to Retail Investors

Coinbase, a leading U.S. crypto exchange, has received regulatory approval to offer futures trading to retail investors in the U.S. This move opens up access to crypto derivatives, allowing users to trade Bitcoin and Ethereum futures with leverage, providing more trading options.

2. Ethereum Developers Delay Shanghai Upgrade

Ethereum’s long-awaited Shanghai upgrade, initially set for Q4 2024, has been postponed to early 2025. This update is crucial as it will enable users to withdraw staked ETH, bringing more liquidity to the market. Developers cited the need for more testing before the launch.

3. Bitcoin Rallies Above $30K Amidst ETF Speculation

Bitcoin surged past $30,000, driven by renewed speculation that the SEC might approve Bitcoin ETFs soon. Investors are hopeful that the approval could trigger more institutional involvement, driving up prices further. Bitcoin’s rise follows a period of market consolidation.
**OKX Set to Relaunch U.S. Exchange with New App in Late 2024** In an exciting development for the cryptocurrency world, OKX, one of the largest global crypto exchanges by trading volume, has announced plans to relaunch its U.S. exchange with a brand-new app by the end of 2024. This move comes as OKX continues to adapt and expand its services for the U.S. market while navigating evolving regulatory challenges. The relaunch will bring significant changes, including the introduction of a new app that is designed to offer a seamless, user-friendly experience for both novice and experienced traders. The fresh platform will include a range of new features aimed at improving trading efficiency, security, and accessibility for U.S. users, while maintaining OKX’s hallmark of high-performance trading technology. Along with the debut of the new app, OKX has also confirmed that it will be sunsetting its current U.S. platform, OKCoin, by fall 2024. OKCoin has long been a staple in the crypto industry, but this strategic shift reflects OKX’s desire to consolidate its services and better serve U.S. users with a more cohesive and modern platform. For those already using OKCoin, the transition to the new app should be relatively smooth, with OKX providing support and guidance on how to migrate accounts and funds. This move aligns with OKX’s ongoing efforts to enhance the overall user experience and adhere to regulatory standards that govern the U.S. crypto space. OKX's relaunch in the U.S. marks a significant milestone for the company, as it looks to solidify its presence in one of the world's largest crypto markets. The new app is expected to integrate advanced features such as enhanced security protocols, trading tools, and access to a wider range of cryptocurrencies and digital assets. #OKX.
**OKX Set to Relaunch U.S. Exchange with New App in Late 2024**

In an exciting development for the cryptocurrency world, OKX, one of the largest global crypto exchanges by trading volume, has announced plans to relaunch its U.S. exchange with a brand-new app by the end of 2024. This move comes as OKX continues to adapt and expand its services for the U.S. market while navigating evolving regulatory challenges.

The relaunch will bring significant changes, including the introduction of a new app that is designed to offer a seamless, user-friendly experience for both novice and experienced traders. The fresh platform will include a range of new features aimed at improving trading efficiency, security, and accessibility for U.S. users, while maintaining OKX’s hallmark of high-performance trading technology.

Along with the debut of the new app, OKX has also confirmed that it will be sunsetting its current U.S. platform, OKCoin, by fall 2024. OKCoin has long been a staple in the crypto industry, but this strategic shift reflects OKX’s desire to consolidate its services and better serve U.S. users with a more cohesive and modern platform.

For those already using OKCoin, the transition to the new app should be relatively smooth, with OKX providing support and guidance on how to migrate accounts and funds. This move aligns with OKX’s ongoing efforts to enhance the overall user experience and adhere to regulatory standards that govern the U.S. crypto space.

OKX's relaunch in the U.S. marks a significant milestone for the company, as it looks to solidify its presence in one of the world's largest crypto markets. The new app is expected to integrate advanced features such as enhanced security protocols, trading tools, and access to a wider range of cryptocurrencies and digital assets.
#OKX.
POPCAT, DOGS soar as Bitcoin reclaims $56k 📰📩 Popcat and Dogs are the two top-gaining tokens in the 100 largest cryptocurrencies by market cap as Bitcoin price climbs back above $56,000. The meme coins $Popcat and $Dogs traded at $0.62 and $0.0011, with 19% and 16% in 24-hour gains respectively at the time of writing. Upside momentum meanwhile had pushed Bitcoin price above $56,500 as bulls fought to recover from the dip that saw the leading digital asset trade near $53,300 on Sept. 7. Subheading: Futures listing helps POPCAT, DOGS higher. Most meme coins have struggled for upward momentum in recent weeks, mainly as the broader market experienced downward pressure throughout August. However, like many other small cap tokens, Solana based Popcat and Telegram-related Dogs have benefited from a rush of positive sentiment following crucial futures trading support across major exchanges.. Binance recently added POPCAT perpetual contracts, allowing traders to bet on the meme coin’s price. This move caused Popcat’s price to spike significantly. OKX also added POPCAT futures and outlined a trading contest that offers up to $100 in rewards. DOGS, which slipped amid the recent arrest of Telegram CEO Pavel Durov, has recovered some of the losses since falling to $0.0009 on Sept. 8. Previously, the Telegram-native meme coin had rallied thanks to Binance’s offering of 40 million DOGS in a contest that ends on Sept. 17. Binance, OKX, and Bybit are some of the top exchanges supporting the DOGS airdrop and token listing. $DOGS #popcat $BTC
POPCAT, DOGS soar as Bitcoin reclaims $56k
📰📩

Popcat and Dogs are the two top-gaining tokens in the 100 largest cryptocurrencies by market cap as Bitcoin price climbs back above $56,000.

The meme coins $Popcat and $Dogs traded at $0.62 and $0.0011, with 19% and 16% in 24-hour gains respectively at the time of writing.

Upside momentum meanwhile had pushed Bitcoin price above $56,500 as bulls fought to recover from the dip that saw the leading digital asset trade near $53,300 on Sept. 7.

Subheading: Futures listing helps POPCAT, DOGS higher.

Most meme coins have struggled for upward momentum in recent weeks, mainly as the broader market experienced downward pressure throughout August.

However, like many other small cap tokens, Solana based Popcat and Telegram-related Dogs have benefited from a rush of positive sentiment following crucial futures trading support across major exchanges..

Binance recently added POPCAT perpetual contracts, allowing traders to bet on the meme coin’s price. This move caused Popcat’s price to spike significantly. OKX also added POPCAT futures and outlined a trading contest that offers up to $100 in rewards.

DOGS, which slipped amid the recent arrest of Telegram CEO Pavel Durov, has recovered some of the losses since falling to $0.0009 on Sept. 8. Previously, the Telegram-native meme coin had rallied thanks to Binance’s offering of 40 million DOGS in a contest that ends on Sept. 17.

Binance, OKX, and Bybit are some of the top exchanges supporting the DOGS airdrop and token listing.

$DOGS #popcat $BTC
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital Summary: QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate. Subheading: QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024. The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk. Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth. Discussion Question: What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital

Summary:
QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate.

Subheading:
QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate

In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024.

The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk.

Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth.

Discussion Question:
What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital Summary: QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate. Subheading: QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024. The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk. Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth. Discussion Question: What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Trump-Harris Debate Expected to Trigger Crypto Volatility, Says QCP Capital

Summary:
QCP Capital suggests that the upcoming debate between former President Donald Trump and current Vice President Kamala Harris could significantly impact the crypto market. Given their polarizing political influence, the event is anticipated to drive price fluctuations in the days leading up to the debate.

Subheading:
QCP Predicts Crypto Price Fluctuations Amid Trump-Harris Debate

In its recent market report, QCP Capital notes that while crypto prices have stabilized following a decline, implied volatility remains elevated. Traders are preparing for potential price swings ahead of two major events: the Trump-Harris debate on Sept. 10 and the U.S. Consumer Price Index (CPI) release on Sept. 11, 2024.

The CPI release comes just one week before the Federal Reserve's decision on interest rates. QCP highlights a cautious market sentiment, with risk reversals in Bitcoin (BTC) and Ethereum (ETH) skewed towards puts, reflecting concerns of downside risk.

Despite the short-term volatility and uncertainty, QCP maintains a "structurally bullish" outlook on crypto assets, noting significant long-term trades. The report mentions substantial call option purchases for March 2025, with BTC strike prices at $85,000, $100,000, and $120,000, reflecting continued confidence in the asset's long-term growth.

Discussion Question:
What do you think of QCP's outlook regarding the potential crypto market impact of the Trump-Harris debate and the upcoming CPI release? Share your views below. #crypto #CryptoMarketMoves #CPI_BTC_Watch
Key Takeaways Memecoins can offer high yields, but also exhibit significant volatility and may be prone to rug pulls, where developers abandon the project after raising funds. When choosing a memecoin, consider its social presence, supply distribution, and how it stands out from other memecoins. We all know what memecoins are—highly speculative currencies usually supported by enthusiastic communities. Often represented by animal images or animated characters, memecoins are purely trading instruments, unlike Ethereum and other chains with specific utilities. Despite this, they occupy a significant market share, with multiple memecoins boasting nine-figure market capitalizations. In fact, excluding Bitcoin, Ethereum, and stablecoins, the top 5 largest memecoins today hold a 22% dominance within the top cryptocurrencies. #memecoin🚀🚀🚀
Key Takeaways

Memecoins can offer high yields, but also exhibit significant volatility and may be prone to rug pulls, where developers abandon the project after raising funds.

When choosing a memecoin, consider its social presence, supply distribution, and how it stands out from other memecoins.

We all know what memecoins are—highly speculative currencies usually supported by enthusiastic communities. Often represented by animal images or animated characters, memecoins are purely trading instruments, unlike Ethereum and other chains with specific utilities. Despite this, they occupy a significant market share, with multiple memecoins boasting nine-figure market capitalizations. In fact, excluding Bitcoin, Ethereum, and stablecoins, the top 5 largest memecoins today hold a 22% dominance within the top cryptocurrencies.

#memecoin🚀🚀🚀
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Bullish
How to Trade Memecoins in 2024

General Tips for Trading Memecoins

1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment.

2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations.

3. Understand memecoins seasons, adoption waves, culture and parabolic movements.

4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project.

5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach.

6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential.

7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play.

#mememcoinseason2024 #BinanceTurns7
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Bullish
How to Trade Memecoins in 2024 General Tips for Trading Memecoins 1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment. 2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations. 3. Understand memecoins seasons, adoption waves, culture and parabolic movements. 4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project. 5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach. 6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential. 7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play. #mememcoinseason2024 #BinanceTurns7
How to Trade Memecoins in 2024

General Tips for Trading Memecoins

1. Study extreme volatility. It is common for memecoins to see 50% drawdowns even in a bull market environment.

2. Stay away from leverage. While most memecoins do not have platforms to host leveraged trading, those with access will likely lead to liquidations.

3. Understand memecoins seasons, adoption waves, culture and parabolic movements.

4. Technical analysis might not work. Memecoins generally trade on sentiments and virality of the project.

5. Understand the upside potential. SHIB did a 1000x from its bottom and is unlikely to 100x from where it is today, a good knowledge on this will cultivate a strong risk management approach.

6. Betting on memecoin leaders. Projects who occupy the throne will likely lead the markets – with a huge number of memecoins in the market this helps narrow your choices without compromising on upside potential.

7. Holding long term might hurt. Learn to be good at profit taking, majority of memecoins do not have the fundamentals to be held in an entire cycle, view it as a seasonal play.

#mememcoinseason2024 #BinanceTurns7
Finding and Participating in Airdrops • Aggregator Websites: Platforms like Airdrop Alert list opportunities. • Social Media and Forums: Follow influencers, join Telegram groups, Reddit, and Twitter. • Official Channels: Subscribe to project newsletters and announcements. • Wallets and Exchanges: Look for partnerships that facilitate airdrops, like Binance. Strategies for Airdrops 1. Diversify Participation: Engage in multiple airdrops. 2. Research Projects: Ensure legitimacy to avoid scams. 3. Stay Active: Monitor snapshot dates and community activities. 4. Prioritize Security: Use separate wallets for airdrops. Notable Airdrops • Uniswap (UNI): 400 UNI tokens airdropped to early users, significantly valuable. • dYdX (DYDX): Tokens rewarded based on trading activity, benefiting active traders. Conclusion Airdrops are a powerful tool in the crypto space for promoting projects and rewarding users. By staying informed and strategically participating, users can gain significant benefits while contributing to the blockchain ecosystem’s growth. #AirdropGuide #BinanceTournament #FIT21
Finding and Participating in Airdrops

• Aggregator Websites: Platforms like Airdrop Alert list opportunities.
• Social Media and Forums: Follow influencers, join Telegram groups, Reddit, and Twitter.
• Official Channels: Subscribe to project newsletters and announcements.
• Wallets and Exchanges: Look for partnerships that facilitate airdrops, like Binance.

Strategies for Airdrops

1. Diversify Participation: Engage in multiple airdrops.
2. Research Projects: Ensure legitimacy to avoid scams.
3. Stay Active: Monitor snapshot dates and community activities.
4. Prioritize Security: Use separate wallets for airdrops.

Notable Airdrops

• Uniswap (UNI): 400 UNI tokens airdropped to early users, significantly valuable.
• dYdX (DYDX): Tokens rewarded based on trading activity, benefiting active traders.

Conclusion

Airdrops are a powerful tool in the crypto space for promoting projects and rewarding users. By staying informed and strategically participating, users can gain significant benefits while contributing to the blockchain ecosystem’s growth.

#AirdropGuide #BinanceTournament #FIT21
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What are Crypto Airdrops?

Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters.

How do Airdrops Work?

1. Eligibility: Users meet criteria like holding a specific token or performing tasks.
2. Distribution: Tokens are sent to qualifying wallets.
3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem.

Types of Airdrops

1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders.
2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT).
3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders.
4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders.

#AirdropGuide
#Mrreal
What are Crypto Airdrops? Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters. How do Airdrops Work? 1. Eligibility: Users meet criteria like holding a specific token or performing tasks. 2. Distribution: Tokens are sent to qualifying wallets. 3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem. Types of Airdrops 1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders. 2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT). 3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders. 4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders. #AirdropGuide #Mrreal
What are Crypto Airdrops?

Crypto airdrops are a strategic distribution of free tokens by blockchain projects to promote awareness and incentivize user engagement. They can help bootstrap communities and reward early adopters.

How do Airdrops Work?

1. Eligibility: Users meet criteria like holding a specific token or performing tasks.
2. Distribution: Tokens are sent to qualifying wallets.
3. Usage: Recipients can trade, stake, or use the tokens within the project ecosystem.

Types of Airdrops

1. Standard Airdrops: Free distribution to wallet addresses, e.g., OmiseGO to Ethereum holders.
2. Bounty Airdrops: Tokens for tasks like social media promotion, e.g., BitTorrent (BTT).
3. Holder Airdrops: Tokens to holders of a specific cryptocurrency, e.g., Stellar Lumens to Bitcoin holders.
4. Fork Airdrops: Tokens after a blockchain fork, e.g., Bitcoin Cash to Bitcoin holders.

#AirdropGuide
#Mrreal
Do you think the price of bitcoin will hit $100K before the November election and rise to $150K if Donald Trump wins? And, do you think Trump will win the election? Let us know in the comments section below. $BTC
Do you think the price of bitcoin will hit $100K before the November election and rise to $150K if Donald Trump wins? And, do you think Trump will win the election? Let us know in the comments section below.

$BTC
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Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins.

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets.

Standard Chartered’s $150K Bitcoin Price Prediction

Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election.

Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook:

Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment.

Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May.

Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections.

Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts.

$BTC
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins. Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets. Standard Chartered’s $150K Bitcoin Price Prediction Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election. Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook: Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment. Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May. Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections. Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts. $BTC
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins.

Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research cites Trump’s perceived crypto-friendly stance as key for this bullish outlook for bitcoin. Trump’s administration is seen as fostering a supportive regulatory environment, which could further boost cryptocurrency markets.

Standard Chartered’s $150K Bitcoin Price Prediction

Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts bitcoin could climb to $100,000 as the November presidential election nears, potentially reaching $150,000 by year-end if former U.S. President Donald Trump wins the election.

Kendrick stated in a research note on Thursday, citing Trump’s perceived crypto-friendly stance as a key factor for this bullish outlook:

Standard Chartered similarly said in May that the second Trump term would be broadly positive for the crypto space due to a more supportive regulatory environment.

Moreover, Standard Chartered also believes that the SEC will approve spot ethereum exchange-traded funds (ETFs). “For other coins (eg. SOL, XRP), markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story, not a 2024 one,” Kendrick said in May.

Initially a crypto critic, Trump has acknowledged bitcoin’s growing popularity and pledged to oppose President Joe Biden’s anti-crypto agenda, advocating for favorable regulations for digital assets. He also promised to free Ross Ulbricht. Since leaving office, Trump has launched three non-fungible token (NFT) collections.

Former Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo considers Trump America’s first crypto president, highlighting that bitcoin futures were approved during his administration. At the end of May, Trump was found guilty of 34 felony counts.

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These patterns suggest a bullish outlook among long-term holders and other key market participants, highlighting a collective confidence in Bitcoin’s future prospects. The interplay between these accumulation trends and market events like the halving will be crucial in shaping Bitcoin’s trajectory in the coming months.

Below image is the - Accumulation Addresses: (Source: Glassnode)

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