Most people are focusing their energy on the U.S. election at the beginning of next month, anticipating Trump to take office and lead the next market cycle. Be careful not to get robbed before the U.S. election.
On October 15, the highly anticipated OEX token was officially launched for trading, but the opening price was only $0.017. This extremely low performance immediately caused an uproar on domestic and foreign social media platforms, with many negative comments emerging. Even Satoshi and the Core team behind OEX were not spared and became the center of the public opinion storm. The following is a comprehensive analysis of this incident, covering the reasons behind the low opening price, the criticism of users, and the impact of the incident on relevant parties.
Analysis of the reasons for the low opening price
1. **Market saturation and investor sentiment**: There are many new products emerging in the current cryptocurrency market, and investors tend to be more cautious when faced with many choices. In addition, the recent overall market volatility and reduced risk appetite may lead to OEX failing to attract sufficient buying power when it opens, thus affecting the opening price positioning.
OEX official latest news, officially launched on October 15
Dear OEX community members,
At this dawn of hope, we are filled with joy and excitement to officially announce that OEX, a digital asset trading platform that embodies countless days and nights of hard work and wisdom, will usher in its grand opening on October 15 and officially open trading services to global users. The following are the detailed information and specific schedule for this launch. We sincerely invite every dreamer and pioneer to witness this revolution in the field of financial technology together.
OEX latest news, staking smart contracts are now available
Dear OpenEX Community:
We are excited to announce a redesign of our staking rewards smart contract! With this update, tokens allocated for community staking rewards (30% of total supply) are now locked and will be released linearly according to our token economics. This ensures fair and transparent distribution of rewards over time.
Our new staking rewards system allows users to stake tokens for different periods of time, providing different annual percentage yields (APY) depending on the staking period. This flexibility enables users to choose a staking period that aligns with their investment strategy and market conditions. The system will be launched shortly after the TGE, so stay tuned on our Twitter for the release date.
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OEX official news: OEX team raised another $800,000 in investment
Dear OpenEX Community: We are pleased to announce that OpenEX has received approximately $800,000 in new investment from DEAI Venture. This funding will be disbursed in the coming months and will help drive our R&D, marketing, and partner initiatives forward. Founded by early pioneers in the blockchain space, DEAI Venture is an emerging force in AI and Web3 investing. These funds will be gradually transferred to the DAO secure wallet over the next six months to fuel our growth. We have already received our first tranche of funding, which will allow us to accelerate key initiatives including our upcoming Token Generation Event (TGE) and listing efforts.
OpenEX listing time has been set, TGE process will be announced on September 25
As we approach the Token Generation Event (TGE), we will perform the following steps in order: 1. Confirm and lock airdrop rewards: Users will be able to confirm and lock their airdrop rewards in the OEX application. Given that the number of active addresses has exceeded 5 million, the confirmation process may take some time. We recommend avoiding peak hours for a smoother process. 2. Email Address Correction Requests: For users who are unable to confirm their rewards due to an email binding error, we will allow a review and correction process. This will enable email updates and reward confirmations.
[OEX officially announced: The token generation event will be launched on September 25th, opening a new era]
In the world of cryptocurrency, every milestone event can attract widespread attention and discussion in the industry. Recently, OEX, a highly anticipated digital asset trading platform, announced through its official Twitter account that it will officially kick off the "Token Generation Event" (TGE) on September 25, which undoubtedly adds a strong sense of anticipation to the upcoming autumn.
### The significance of the Token Generation Event
The so-called "token generation event" usually refers to the process of issuing a certain number of tokens to the circulation market at a preset time point in a cryptocurrency project. This event marks the official entry of the project into the operational stage, and holders can begin to enjoy corresponding rights and services. For OEX, this TGE is not just a simple token distribution, but also a key step in its strategic transformation and ecological expansion, aiming to deepen its influence in the blockchain and digital asset fields and build a more complete and diverse ecosystem.
Regarding the bull market, I have heard two most recently!
1. The 73,000 bitcoin price in March and April this year is the peak of this round of bull market. The pullback in recent months has proved this voice. The violent interest rate cut of 50 points by the Federal Reserve is enough to show that the US economy is in the prelude of recession. 2. The current market is just in a correction, and the big bull market will be from March to October next year. People with this view will compare the peak time of the previous rounds of bitcoin halving, as well as the increase of bitcoin in each round of bull market.
In addition to these two voices, I wonder if anyone has any new views on the bull market?
I remember that in September and October last year, there were a group of people who said that bitcoin would fall sharply before halving, and they were ready to buy the bottom. As a result, the market took off directly at the end of October. Will this year copy last year's market and get an unexpected harvest?
CoreDAO and OEX: Join hands to build a new ecosystem of decentralized finance
In the field of blockchain and decentralized finance (DeFi), the combination of CoreDAO and OEX coins is becoming a new force to promote industry innovation and development. They not only represent the latest technological trends in decentralized finance, but also herald a new pattern of the future financial market.
### 1. CoreDAO: Building infrastructure for decentralized finance
CoreDAO is a decentralized financial infrastructure based on blockchain technology. It aims to build a native token for a secure, efficient and scalable de-trading platform and is an important participant in the field of decentralized trading. The OEX platform provides users with a trading venue without trusting a third party through smart contracts and blockchain technology. Users holding OEX coins can participate in platform governance and enjoy rights such as transaction fee discounts, which enhances users' participation and trust in the platform.
### 3. Synergy between CoreDAO and OEX coins
The combination of CoreDAO and OEX coins has brought new opportunities to the field of decentralized finance. On the one hand, the CoreDAO core chain provides OEX coins with more secure and efficient underlying technical support, enabling OEX coins to better serve the decentralized trading market and provide users with a smoother and safer trading experience. On the other hand, as an important participant in decentralized trading, OEX coins can bring more traffic and users to the DApp ecosystem of the CoreDAO core chain, and promote the prosperity and development of the entire decentralized financial ecosystem.
### 4. Looking to the future: co-creating a new chapter in decentralized finance
With the continuous maturity and application of blockchain technology, the combination of CoreDAO core chain and OEX coins will bring more innovation and possibilities to the field of decentralized finance. We have reason to believe that with the joint efforts of CoreDAO core chain and OEX coins, the future of decentralized finance will be brighter and broader, providing more fair, transparent, secure and efficient financial services to global users.
In summary, the combination of CoreDAO core chain and OEX coins not only represents the latest technological trends in decentralized finance, but also foreshadows the new pattern of the future financial market. We look forward to working together to create a new chapter in decentralized finance and bring more value and opportunities to global users.
In the latest update to the OEX app, we focused on enhancing the DEX Swap Aggregator functionality and made important upgrades to the $OEX Airdrop Claims smart contract. Here are the main highlights of this update:
1.DEX exchange aggregator update We have significantly increased the depth of liquidity on trading pairs such as Core/USDT in the aggregator. This improvement helps minimize the impact of slippage during trading, providing users with a smoother and more cost-effective trading experience. In addition, we will gradually support more tokens with aggregate liquidity to further improve trading performance on the OpenEX platform.
2. $OEX airdrop application for smart contract support We also made a critical update to the airdrop claims smart contract, introducing new locking functionality for claim operations. Currently, this feature is only available to users who have linked their email accounts. Once the lock is activated, users must verify their claim via email code and designate a designated beneficiary address to receive airdrop rewards. After this designation, all future claims will automatically be transferred to the designated beneficiary address.
3. Future improvements In our next update, we plan to add a feature to test email usability, ensure email binding is correct, and prevent issues that may prevent users from unlocking rewards due to email binding errors.
You can download the latest version of the application via the following link: [OpenEX App Download Link](https://oex.to/app)
We are always committed to improving user experience. Thank you for your support and trust. We hope you enjoy the convenience of the latest features!
The Fed's rate cuts usually have an important impact on the cryptocurrency market, because rate cuts mean an increase in liquidity, which is usually good for risky assets, including cryptocurrencies. Rate cuts can reduce borrowing costs, stimulate economic activity, and increase the supply of funds in the market, which may push up asset prices. However, the specific impact of rate cuts also depends on the market's expectations of rate cuts, the economic background, and other macroeconomic factors. According to the latest information, the market generally expects the Fed to cut interest rates at its September meeting, and this expectation has been reflected to some extent in the prices of the cryptocurrency market. If the Fed cuts interest rates, it may cause short-term price fluctuations in Bitcoin and other cryptocurrencies. Some analysts predict that if the Fed cuts interest rates, Bitcoin may experience a correction, and the price low may reach $40,000-50,000. In addition, rate cuts may increase market volatility as market participants adjust their investment strategies based on the magnitude of rate cuts and economic data. It should be noted that the market's response to rate cuts may not always be immediate or direct, because the cryptocurrency market is increasingly closely linked to the global macroeconomy, and the expectations and sentiment of market participants will also affect price trends. In addition, rate cuts may raise concerns about future economic conditions, especially if the market interprets them as the Fed's response to an economic slowdown, which could have an adverse impact on risk assets such as Bitcoin. In summary, the impact of the Fed's rate cuts on the cryptocurrency market is complex, involving multiple economic factors and market psychology. Market participants should pay close attention to the Fed's policy moves and other economic data to better understand the possible impact of rate cuts on the cryptocurrency market.
This bull market was so unexpected that I began to doubt how I made all the money before. I started to trade in cryptocurrencies in 2019, and my luck has always been pretty good. I made some money from airdrops and the usual trading. I bought a house in our second-tier city and a small car in the last bull market. I got married in 2022, and then my child was born. I thought I could be financially free in this bull market, at least I could have enough food and clothing in our small city, but this bull market really caught me off guard. Although I bought some coins at the bottom last year, the overall statistics are still in a floating loss state. And I have no direction for the market outlook. Brothers, how are you all doing now?
Brothers, is the overall trend of the currency circle confusing everyone? Whether you are a newcomer or an old player in the currency circle, it is difficult to judge the current situation. The following views only represent personal opinions and do not constitute investment advice. It has been more than two months since the Bitcoin halving, and it has been between 60,000 and 70,000 yuan. What is the main force doing at this time? What do they want to do? Some recent off-site news are mostly negative news. Governments are selling Bitcoin, and some individuals in the Federal Reserve in Mentougou are still going to continue to raise interest rates? Is our bull market really over? In my personal opinion, the main force is currently forcing retail investors to hand over their chips. In a bull market that happens once every four years, this is not at the height of the main force closing the net and cashing out? Subsequent interest rate cuts, elections, and ETFs of concubines have not been hyped yet, but the current short-term market is still not optimistic enough. In my opinion, the current short squeeze has not been fully exerted, and negative news will continue to be released in the next one or two months. At this point, it depends on who can hold on to the end. Many cottages have already fallen to the lowest price. Brothers who have chips in their hands can still buy some. The chips at this price are all bloody chips. If you double your money, those who take over at a high price may not get their money back, so the cost performance is still quite high. Don't be fooled by the illusion in front of you. What is coming will come!
WLD.ORDI.AEVO This is the currency I have seen in the square recently, and it is quite controversial. There are two reasons for the controversy. Some people buy at low prices and think it will rise sharply, while some people are stuck at high prices, or they sell at a loss and leave the market. In fact, whether it is worth buying depends on the trend. You must first figure out which period of the bull market you are in. If it is at the end of the bull market, let alone these coins, I will also clear out Bitcoin and Ethereum to cash out. So, it is not that a certain coin is not worth buying. If you want to make money, you must first figure out the trend. As for some people who are now starting to sing shorts, they think the bull market is over. In that case, you can just open shorts at high prices, and there is no need to worry about it. Wish you all good luck.
The highest price of Bitcoin reached 66666 during the day. Is it a coincidence? Those who have seen Fanhua should know that brokerage firms have strict points for each pull-up. This is also the institutions showing their ability to control the market. The downward trend line was broken during the day, but it is still in a wide range of fluctuations. The spot that entered the market in the morning currently has a profit of about 10%. Short-term opportunities, if Bitcoin does not cool down significantly today and tomorrow, the probability of copycats will follow the rise on the weekend.
The bull market stalled halfway, and the copycats were all out of business. Basically, many people couldn't get into the trap without doubling, right? Let's take a look at the program list for the second half: 1: June European Cup Sports Fan Coin: CHZ Fan Coin Leader, SANTOS Binance's own son, POR Portugal C Ronaldo endorsement, ARG Argentina Messi endorsement 2: Apple's Developer Conference on June 10, the release of GPT5 in June AI: AGIX, FET OCEAN, RNDR ARKM WLD invested by Ultraman 3: ETC still has room for production reduction in June. Although the ETH system is not strong enough in this bull market, there are still some high-end players among the short ones. 4: Solona Annual Conference in September, there will definitely be RAY JUP, PYTH, and the local dogs on the SOL chain. In this bull market, the local dogs of Solana are very eye-catching and gold-attracting.
#BTC走势分析 Bitcoin's lowest point yesterday was 58,800 and it has risen by more than 3,000 points to 62,000 today. Today, I will only talk about the small level. At present, I will first look at the breakthrough. It is still within the downward trend line. If it cannot break through smoothly, it will continue to test downward. As for whether the large-level fourth wave correction is complete, I think it has not been completed yet. Only after the fourth wave is completed will the large-level fifth wave main rising wave be opened. This is our last chance to escape the top. Those who have chips in hand should patiently wait for the buying signal.
cz was eventually sentenced to 4 months. This photo was taken a few months ago. It seems that everything is expected, but it also seems that everything is just an accident. At present, it seems that the possibility of the Fed's interest rate cut in June is very low. The yen has depreciated recently. The good news is that a certain country in the Middle East is expected to cease fire under certain mediation. Will the market reverse in May? Let's wait and see
The sharp rise and slow fall of Bitcoin 📉 looks like it is preparing to cash out and leave the market. In the past two months, most of the copycat performance has been cut in half. Is it a wash or a trend reversal? There is no reversal signal from the current technical side of Bitcoin. It is still fluctuating between 6-7w and showing a triangular narrowing trend. It has been nearly one and a half months since Bitcoin reached its historical high of 73.87k on March 14. From a weekly perspective, it is still in the fourth wave of correction. Since the last round of bull market, this round still lacks the main voice wave of the fifth wave. Pay attention to today's monthly closing and the support level below.