Instructions for depositing/withdrawing money for beginners: What are BTC, BSC, TRC, ERC?
🎈 Keywords in this article: Which chain?
EVM, non-EVM. Most users are familiar with the TRC20 channel. But besides TRC20, there are other networks like BTC, BSC, and ERC. Let's find out what they mean.
BTC Chain: Little used other than storing BTC. There are two popular addresses: "bc1q" (cheaper fees) and "bc1p" (more popular). ERC (EVM): Address of the Ethereum chain, starting with "0X". This is the universal address for Ethereum-based chains.
📌 Newcomers may not need to use the above right now.
What are BSC, TRC and ERC? Choosing the wrong network will cause the money to not arrive and cannot be refunded. Think of BSC and TRC as different banks that cannot transfer money between each other.
Advice: When receiving or withdrawing BSC assets, choose the BSC channel (bep20). Newcomers should try depositing/withdrawing a small amount first to confirm a successful transaction.
China is planning to lift its cryptocurrency ban in the coming months 😍
The value of the entire market will skyrocket up to 20 times and will attract more than 100 million users.
This is the Chinese Communist Party's plan to become the world's No. 1 economy and surpass the United States.
Many projects have invested capital from China and we can expect huge profits from these projects.
Below are 3 Chinese-invested tokens that will increase up to 20,000% in this price increase 🧵
Filecoin (FIL) Filecoin is a decentralized storage network designed to securely store humanity's vital information. It allows users to rent out unused storage space or buy storage space from others online. ➣ $6.14 - current price ➣ $12 billion - current market capitalization
Ontology (ONT) Ontology is a high-performance public blockchain and distributed collaboration platform providing a decentralized identity and data management system. ➣ $0.27 - current price ➣ $276 million - current market capitalization
Quantum (QTUM) Qtum is a blockchain technology that combines the trustworthiness of Bitcoin's blockchain with the smart contract functionality of Ethereum. ➣ $3.11 - current price ➣ $335 million - current market capitalization
The Most Valuable Altcoins That Will Make You A Millionaire By The End Of The 2024-2025 Bull Run 🚀
As we approach the 2024-2025 bull run, many altcoins promise significant returns. Here are the 5 most underrated altcoins that could make you a millionaire:
People (PEOPLE): PEOPLE is not just a cryptocurrency but also an election-driven memecoin civilization. With the presidential election approaching, PEOPLE has significant upside potential as more investors learn about this meme trend.
Ripple (XRP): Despite its regulatory challenges, XRP remains an important player in the cryptocurrency world, especially in the cross-border payments sector. If Ripple successfully resolves the legal issues, XRP could surge, bringing significant profits to early investors.
Polygon (MATIC): Polygon is solving Ethereum's scalability problems by providing Layer 2 scaling solutions. As more decentralized applications turn to Polygon to benefit from lower transaction fees and faster transactions , the value of MATIC could skyrocket.
Dogecoin (DOGE): Initially starting as a joke, Dogecoin has garnered a huge following and public attention. A strong community and endorsements from celebrities like Elon Musk could take DOGE to new heights during the bull run.
Shiba Inu (SHIBA INU): Dubbed the "Dogecoin killer," the Shiba Inu has grown dramatically in popularity. With token burning strategies and new developments in its ecosystem, SHIBA INU can bring significant profits to holders.
Pay attention to these altcoins as they have the potential to turn small investments into significant wealth by the end of the upcoming bull run.
By focusing on these altcoins, you can become a millionaire during the 2024-2025 bull run.
Inspired by former President Donald Trump, Tremp skyrocketed in mid-May due to positive poll results. Despite recent volatility due to Trump's conviction, it has hit a new high of $1.60 and is currently trading at $1.20.
Boden (BODEN)
Named after President Joe Biden, Boden launched in March and peaked at $1 before falling to $0.25. With the upcoming Presidential debate on June 27, this is one coin to watch for potential price movements.
Brett Coin (BRETT)
Inspired by a frog, Brett Coin grew 180% in the month and its market capitalization surpassed $1 billion, becoming the seventh largest meme coin.
Popcat Coin (POPCAT)
Launched in December, Popcat Coin attracted attention in March 2024. It peaked at $0.65 in May with a market capitalization of over $600 million, currently trading at $0.45.
Shiba Inu (SHIB)
The second largest meme coin, Shiba Inu has a strong ecosystem called Shibarium. This is a significant asset with over 5 million blocks processed and transactions exceeding $420 million.
Things to know
Meme coins, created for entertainment and often influenced by famous figures, are known for their high volatility but have seen strong price increases, delivering significant returns to investors.
We are about to enter the green zone of altcoins 🚀
Currently, it is the stage of compressing the spring to wait for a strong rebound. In the near future, altcoins will continuously take turns increasing strongly!
Everything is supporting, even macro factors are showing that we are about to enter a period of cheap money!
- FED reduces the speed at which QT attracts money! - US Treasury QE pumps money into the market - The European Central Bank ECB, BoE and a series of other central banks around the world are about to cut interest rates
Regarding crypto, we have 2 things to welcome strong cash flow into the market:
BTC ETF is being traded ETH ETF is waiting to be traded
WHAT TO PREPARE FOR THE STRONG PRICE INCREASE IN 2024 - 2025? 🚀
Typically, about three months after the halving, the market will receive a large increase. There is now almost a month left until the halving, and in 1-2 months, that is, in July and August, this time will coincide.
The US presidential election will take place on November 5 this year. Governments often stimulate the economy by issuing and printing money. Trump (King of Understanding) has always supported the cryptocurrency market, so there could be a big market opportunity in the two months before the election.
This year, the Federal Reserve's interest rate cut is almost certain, and the specific time may be September or later. The greater the expectation of interest rate cuts, the stronger the market reaction. At the same time, ETH spot ETF will also become an important highlight in the second half of the year.
In June and July, sporting events take place regularly, and coin fans experience a trading fever.
Bottom line: Every market correction is a good time to buy and increase positions. It is not necessary to hunt for the bottom, just catching the general low position is enough!
5 memecoins will create new millionaires in the 2024-2025 price increase 🤑
1. FLOKI: Inspired by the Elon Musk-endorsed Shiba Inu, Floki has attracted attention for its humorous brand and passionate community. Named after Musk's pet dog, Floki aims to ride the wave of dog-themed cryptocurrencies to soar.
2. PEPE: Inspired by the famous internet frog meme, PepeCoin brings a bit of internet culture into the crypto space. With its devoted following and spontaneity, PepeCoin is not just a cryptocurrency but a cultural phenomenon.
3. DOGECOIN: The original meme, Dogecoin began as a joke but has evolved into a beloved symbol of community and absurdity. With its Shiba Inu mascot and a loyal fan base, Dogecoin continues to surpass expectations and capture the imagination of the crypto world.
4. BONK: With its impressive name, Bonk has resonated with its humorous approach to cryptocurrency. Billing itself as the “meme against the meme,” Bonk combines humor with a commitment to transparency and community engagement.
5. SHIBA INU: Following the success of Dogecoin, SHIBA INU has become a formidable force in the meme coin world. With its fun brand and passionate community, SHIBA INU has attracted the attention of both veteran and new investors.
The 5 best ways that helped me earn $1,000 for free from BINANCE without any risk!
1. Binance Megadrop Binance Megadrops are periodic events where users can participate to win free cryptocurrency. To participate, follow Binance's announcements about upcoming Megadrop events. Usually, you need to complete specific tasks like trading a certain volume, referring friends or participating in social media challenges. The rewards can be huge, giving you a great opportunity to increase your crypto holdings.
2. Binance Earn Binance Earn offers many ways to grow your crypto assets, including staking, saving, and liquidity farming. By depositing your crypto into Binance Earn, you can earn interest on your assets. Flexible savings allows you to earn interest daily with the freedom to withdraw funds at any time, while locked savings and staking offer higher interest rates for longer commitment periods.
3. Binance Launchpool Binance Launchpool allows you to earn new tokens simply by staking Binance Coin (BNB) or other supported cryptocurrencies. Each Launchpool project has its own staking period, during which you can stake your tokens and receive rewards in the form of newly launched tokens.
4. Binance Learn and Earn Binance Learn and Earn is an educational program that rewards you for learning about cryptocurrency and blockchain technology. By watching videos, reading articles, and completing tests, you can earn small amounts of cryptocurrency. This initiative not only helps you expand your knowledge but also increases the amount of cryptocurrency in your wallet.
5. Write2Earn on Binance Square If you enjoy creating content, Write2Earn on Binance Square is a great opportunity. By sharing articles, guides and market analysis, you can earn tips and rewards from the community. The more engaging and valuable your content is, the higher your chances of earning crypto rewards.
Fetch.AI is a leading AI project in cryptocurrency with a billion-dollar market capitalization. It allows users to build and monetize AI applications. The highlight of Fetch.AI is that it is an autonomous economic agent capable of processing and sharing data between IoT devices, performing cryptocurrency transactions, and supporting transactions on decentralized exchanges. like Uniswap.
Render Network (RNDR)
Render Network is a blockchain platform on Ethereum that aims to decentralize GPU cloud rendering. It connects people who need rendering services with owners of high-performance GPUs, helping artists and companies perform rendering faster and more economically. Render Network supports everything from basic game rendering to complex projects involving AI and machine learning.
The Graph (GRT)
The Graph is an open source, decentralized indexing protocol that collects and stores data just like Google. It allows exploring blockchain ecosystems and dApps, supporting at least 14 languages. Subgraphs help improve data querying across networks such as EVM and IPFS.
BitTensor (TAO)
BitTensor is an open source infrastructure built around a blockchain called Subtensor. It uses a unique consensus mechanism called Proof-of-Intelligence (PoI). This mechanism rewards miners for their valuable contributions in various areas of technology and research within the BitTensor network.
Akash Network (AKT)
Akash Network is a decentralized cloud platform that allows users to rent unused computing resources from service providers worldwide. The platform aims to provide cloud services that are more cost-effective and efficient than traditional cloud services.
SingularityNET (AGIX)
SingularityNET is a decentralized marketplace for AI services. It allows AI developers to monetize their creations and provides users access to a wide range of AI algorithms and applications.
Turn $100 Into $10000 This Month With These 3 Altcoins💰
Ready to turn a small investment into big profits? Here are three altcoins that have the potential to explode and fill your wallet with money!
1. Toncoin (TON) Developed by Telegram, Toncoin possesses advanced layer-1 technology, promising scalability and user-friendly features. Valued at $6.50, Toncoin has a market capitalization of $22.52 billion, holding the 8th position on CoinMarketCap. With a staggering 234% surge over the past year, Toncoin is a prime candidate for significant gains.
2. Blur (BLUR) Blur, the native token of NFT exchange Blur, is on the rise! Providing real-time price sources and cross-platform comparisons, Blur is priced at $0.376, with a market capitalization of $607 million. Ranked 120 on CoinMarketCap, Blur is up more than 3% over the past week, signaling growth potential.
3. Pepe (PEPE) Prepare for the meme coin explosion with Pepe! This Ethereum-based gem has a market capitalization of $4.17 billion and is trading at $0.0000099211. With an impressive 516% growth over the past year and a 17% increase over the past week, Pepe is making waves in the altcoin market.
In short: Toncoin, Blur and Pepe are your golden tickets to crypto success this week! With promising growth potential and profit opportunities, these altcoins are set to help you turn $100 into $10,000. Don't miss your chance to take action!
How Did Someone Lose 99,000 BTC Worth $6 Billion Today? 😵
In 2010, a Chinese man named Wei Zhang invested $10 in Bitcoin, buying thousands when they were worth less than a penny. As the value of Bitcoin skyrocketed, Wei's investment became a small fortune. With his new wealth and technological skills, Wei built the world's first cryptocurrency margin exchange, CryptoLeap, in 2014.
By 2017, Wei had accumulated 99,000 BTC, worth billions of dollars. However, in early 2018, a sophisticated phishing attack weakened CryptoLeap's security. Hackers stole Wei's entire Bitcoin assets, currently worth $6 billion. This incident led to the collapse of CryptoLeap and Wei's resignation.
Despite the tragic loss, Wei has turned his experience into the field of cybersecurity, becoming a guide and advocate for stronger protections in the cryptocurrency industry, ensuring that those The hard lesson he learned will protect future investors.
Yesterday, Pavel Durov received more than 1 billion NOT, equivalent to $6.8 million, as a gift. He promised to keep all these coins until $NOT increased 100 times! He will then invest this $680 million in servers for Telegram.
Notcoin Community Donates Record $6.8 Million to Telegram Founder 🎉
Yesterday the founder of telegram and his team received $6.8M in NOT coins, which he promised to keep until it became $680M (x100 compared to the present).
In a move that highlights the growing influence of cryptocurrency communities, the Notcoin user community donated a whopping $6.8 million to Telegram. This significant donation, totaling over 1 billion Notcoin tokens, demonstrates the deep connection users feel to both the Telegram platform and the Notcoin project.
Notcoin stands out in the cryptocurrency landscape thanks to its unique integration with Telegram. Unlike traditional cryptocurrencies that are mined through complex computational processes, Notcoin allows users to earn tokens by interacting with a game directly within the Telegram app. This availability has opened the door for a broader audience to participate in the cryptocurrency ecosystem.
The Notcoin community's generous donation to Telegram highlights the potential of symbiotic relationships between cryptocurrency projects and the platforms they use.
For quick updates and detailed analysis, follow me.
THE GENERAL MARKET MOOD IS DEPRESSING, IS THIS THE APPROPRIATE TIME TO BUY?
From March 20, the downward wave began when Bitcoin adjusted from $75k to $61k. Altcoins fall by 2 or even 3, making many people depressed.
But looking back at previous cycles, usually before a strong pump, there will be 2-3-divide dumps of altcoins that shake out the fry. That time is also the time when Market Maker gathers goods to prepare for the next wave x10 x20.
So for me, many new altcoin projects are still not popular enough for Market Maker as well as funds to take profits. I'm still bullish for a strong increase at the end of this year!
5 MOST ATTRACTIVE SOLANA MEMES FOR INVESTORS TO TURN $500 INTO $50,000 🚀
Dogwifhat (WIF): Dogwifhat (WIF), built on the Solana blockchain, has experienced an incredible growth in market value, climbing over 5% to reach a new high of $3.11.
With a spike of 1748% since launch, WIF has become one of the most successful altcoins on Solana, offering the potential to turn a $500 investment into nearly $50,000.
BOOK OF MEME (BOME): Operating on Solana's blockchain, BOOK OF MEME (BOME) combines meme culture, decentralized storage, and advanced trading features, driving its popularity.
BOME's value has skyrocketed 1093% in the past year alone, making it an attractive option for investors looking for significant returns.
Bonk (BONK): Bonk (BONK), famous for its dog-themed brand, attracted attention by distributing half of its tokens to Solana blockchain users, significantly increasing its market value.
With a current price of $0.00002397 and up 5% over the last 24 hours, BONK offers a highly profitable investment opportunity amid Solana's growing popularity.
Doland Tremp (TREMP): TREMP, inspired by the 2024 US presidential election, quickly attracted the attention of crypto enthusiasts, witnessing an impressive growth of up to 4,297% since its launch.
Currently valued at $0.56, TREMP has the potential to turn modest investments into significant profits, with trading volume reaching $34 million.
Joe Boden (BODEN): Building on Solana's blockchain, BODEN is a TREMP competitor that has surged 2765% since launch, taking the top spot in its category.
With a price of $0.2725 and up 16% over the past 24 hours, BODEN continues to show strong positive momentum, giving investors the potential to turn $500 into $50,000.
A SIMPLE BUT PRACTICAL TRADING STRATEGY THAT YOU MUST KNOW!
1/ Divide the total available capital into five equal parts. For example, if you have $10,000, divide it into five parts and use $2,000 for each transaction. 2/ Use part of the capital to buy a currency at the current price. 3/ If the price of the currency drops by 10%, buy another portion. 4/ When the price of the currency increases by 10%, sell part of it. 5/ Repeat the above steps until you run out of capital or all the currency sold.
This strategy helps reduce anxiety when currency prices fall, because we will continue to buy as prices fall. Even if you run out of capital, that means the currency price has at least dropped nearly 50%, unless the market experiences a downturn. Each sale can bring a profit of 10%, for example, if using 20,000 each time, will earn 2,000.
However, a 10% fluctuation can make trading difficult and affect capital efficiency. This can be addressed by reducing volatility and using stable financial products when capital is idle, providing additional income.
3 COINS YOU SHOULD BUY TO TURN $100 INTO $10,000 IN MAY 🚀
Why buy these cryptocurrencies?
Starting a new crypto portfolio or rebalancing a portfolio will take a lot of effort. Some investors hit the mark while others completely missed the mark. However, with the right guidance, you can narrow down the best cryptocurrencies to buy, thereby diversifying your portfolio to minimize risk and maximize returns.
Solana (SOL): SOL is poised for a potential rally this weekend. CoinCodex predicts SOL could reach $150 on Sunday, May 5, 2024, an increase of 6.62%. SOL could continue its bullish path for the remaining month, aiming for $210 by May 31, 2024, an increase of about 40% from now.
Toncoin (TON): Toncoin reached a record high of $7.63 on April 11, 2024, but its price has declined since then. However, CoinCodex expects an upcoming breakout. TON could reach $5.87 on Sunday, May 5, 2024, an increase of 10.13% from now. The platform predicts TON will reach a new record high of $17.82 on May 30, 2024.
Dogecoin (DOGE): What started as a joke, Dogecoin has become a serious contender with a very dedicated community. Its speedy and cost-effective transaction capabilities have made it an ideal choice for small online transactions and giving, with endorsements from figures such as Elon Musk.