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.
The GMT DAO is an independent organization of GMT holders dedicated to overseeing GMT’s future through transparent and community-led governance. The DAO’s formation represents a commitment to empowering GMT holders with a voice in key decisions, from token management to ecosystem development.
For more information on the GMT Burn Initiative and to participate, users can visit burngmt.com.
About GMT
GMT sits at the heart of the FSL ecosystem. Exclusively earned through STEPN, this token plays a crucial role across all FSL products. GMT operates on four blockchains—Solana, BNB Chain, Ethereum, and Polygon—and is pivotal in Gas Hero, where it’s used to trade items and burn for NFT level-ups. On MOOAR, all items can be traded using GMT, and it’s also central to primary sale raffle mints with key partners and is used in the newly launched STEPN GO to buy Sneakers and perform various in app functions.
GMT DAO Launches Groundbreaking Burn Initiative with a Target of Up to 600 Million GMT
The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands of its community. Through this initiative, GMT holders will vote on the decision to burn up to 600 million GMT, equivalent to 100 million USD, marking this as one of the most ambitious token burns in the web3 ecosystem.
The GMT Burn Initiative reflects the GMT DAO’s commitment to transparency, governance, and sustainable token management. This community-driven approach aligns with the DAO’s goal to shape GMT’s future responsibly and collaboratively.
How It Works:
Lock and Vote: GMT holders can participate by visiting burngmt.com, where they can lock their tokens and cast their vote on various proposals, including the first of its kind “GMT Burn Initiative”. Participants will receive an exclusive soulbound ‘Make GMT Great Again’ Red Hat NFT as a token of acknowledgement for their involvement. This NFT will record metadata detailing the claimed and eligible airdrops, as well as the votes cast.
Earn Rewards: A total of 100 million GMT will be distributed at the end of the 60-day voting period as rewards to participants, contingent on achieving milestones.
On-Chain Transparency: The voting process is recorded on the blockchain, allowing anyone to verify results and ensuring the integrity and transparency of each decision.
Regular Voting Cycles: This burn initiative is just the beginning. Moving forward, GMT DAO will introduce new proposals and voting cycles every quarter, giving holders regular opportunities to shape the future of GMT via gmtdao.com.
This initiative showcases a proactive effort to ensure GMT’s sustainable future, emphasizing innovation and community engagement. The GMT DAO remains committed to true decentralization, empowering GMT holders to shape its direction. By enabling votes on key proposals.
Will Pi Network (PI) Indeed Launch on Mainnet During This Bull Cycle?
The highly-anticipated launch on December 31 seems uncertain once again Although it was launched as a project over 2,000 days ago, Pi Network’s mainnet and native token have yet to see the light of day officially. Could that finally change during the ongoing bull cycle? Perplexity weighs in On September 4, the project celebrated 2,000 since its official launch, which took place on March 14, 2019. Since then, it has amassed over 14 million customers who have completed the necessary KYC verificati
Cryptocurrency Bitcoin Hits New All-Time High Of $100,000 Bitcoin has more than doubled in value this year and is up about 45% in the four weeks since Trump's sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress. Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory enviro
XRP price has remained within an upward trading range in recent weeks, reflecting strong bullish sentiment for the cryptocurrency. The recent price surge aligns with a broader market rally, signaling growing momentum in XRP’s favor. Analysts maintain a positive outlook, with some forecasting a potential breakout that could drive XRP to $20 levels.
Why XRP Price Will Trigger Exponential Rally to $20
XRP price has successfully ended a downtrend that persisted since 2018, signaling potential exp
Dogecoin (DOGE) Begins $1 Wave Surge, Bitcoin's (BTC) Trouble at $100,000: Details, Solana (SOL) to
Dogecoin (DOGE) Begins $1 Wave Surge, Bitcoin's (BTC) Trouble at $100,000: Details, Solana (SOL) to Get Tested in 3 Days
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.
However, some trading volume trends and chart patterns suggest that a possible reversa
3 Tokens That Could Be the Next 100x Gems After XRP ETF Approval
3 Tokens Ready to 100x After XRP ETF Gets Approval
The cryptocurrency market is turning bullish, with several tokens showing strong potential. Three standout coins have displayed remarkable growth, positioning themselves as prime investment opportunities. This optimism follows growing anticipation surrounding an XRP ETF approval, sparking confidence among investors. The market’s momentum suggests further gains may be on the horizon 3 Tokens That Could Be the Next 100x Gems After XRP ETF Approva
Will Binance Coin (BNB) Hit $1,000 This Year as Whales Eye The Altcoin Market
Binance Coin (BNB), has substantially increased since its early days when it was worth mere cents.
A mix of factors – like Binance's massive growth, the rise of dApps, and the steady adoption of crypto – have all played a part in pushing BNB higher.
At the same time, up-and-coming projects like PlutoChain ($PLUTO), are getting a lot of attention thanks to their innovative solutions to common blockchain problems.
XRP is also on the move as Bitcoin soars past predicted timelines. The token is welcoming a new wave of change as it recently hit a new price mark of $1. As the Ripple ecosystem continues to forge global partnerships, the price of XRP is also expected to rise consistently on the radar. With the Trump regime supporting the crypto domain and the president-elect vowing to eliminate Gensler as US SEC chair, XRP holds ambitious prospects of hitting a new high very soon.
According to my current XRP price prediction, the price of XRP is predicted to rise by 14.50% and reach $1.253745 by December 20, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 83 (extreme greed). XRP recorded 18/30 (60%) green days with 30.67% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
How High Cardano Price Can Rise, Here Are The Targets
Cardano price surges to $0.83 as analysts weigh in on targets up to $15, fueled by rising whale activity, $735M futures OI, and DeFi growth.The Cardano price has surged more than 8% to an intraday high of $0.837. This bullish momentum is supported by a combination of rising on-chain activity and technical indicators pointing to further potential gains. On-chain data reveals that ADA’s daily trading volume has hit a seven-month high of $52.26
Lunex’s DEX and aggregator delivers deep DeFi liquidity
Lunex Network is the latest sensation in DeFi. As more crypto enthusiasts embrace DeFi through DEXs and on-chain markets, liquidity becomes scarce, and most DeFi traders fall victim to complex platforms with skyrocketing network fees.
Lunex offers a unique solution that connects multiple chains under one roof while providing access to more than 50,000 currency pairs. This capacity to unlock crypto liquidity across multiple chains offers an unrivaled level of transparency as the entire network is decentralized.
Lunex is built with an aggregator designed to source liquidity across multiple AMM protocols, thereby enabling DeFi traders to execute trades with speed and limited slippage.
Each transaction is 100% secure as Lunex deploys audited smart contracts to execute each trade. At the moment, Lunex is in its presale, and so far, over 1.4 billion LNEX tokens have been sold. Could LNEX offer crypto bulls meteoric gains this cycle?
THORChain (RUNE) Ready to Soar: Bullish Indicators Signal Big Gains Ahead
THORChain’s RUNE is showing strong signs of a potential price surge. In the past week, the token jumped over 34%, highlighting a bullish momentum. The Relative Strength Index is below 30, suggesting RUNE is oversold and primed for a rally. Currently trading above its 10-day and 100-day moving averages, the coin is poised to test the nearest resistance at $7.32. Breaking this level could push the price toward the next resistance at $9.23. If RUNE reaches these targets, investors could see gains of more than 20% and up to 50%. The indicators point to a promising upward trend for THORChain.
Sensational 21 Trillion Shiba Inu (SHIB) in 24 Hours: All Records Are Broken
Sensational 21 Trillion Shiba Inu (SHIB) in 24 Hours: All Records Are Broken
With an incredible 21 trillion SHIB transactions in the last 24 hours, Shiba Inu has broken previous records. SHIB's price has increased dramatically as a result of this spike, which has also given the meme coin newfound attention. SHIB's network is very active, as evidenced by the most recent data from IntoTheBlock, which shows both high transaction volume and an increase in the number of transactions.The price chart
Solana’s prowess is unmatched in the blockchain industry, with transactions worth $10 billion recorded in the 2024 year to date. The medium is far better than other platforms, with Near and Tron being the closest, with 1.9 billion and 1.95 billion transactions, respectively. In terms of network activity as well, the SOL cryptocurrency is way ahead of BNB Chain, Polygon, and Base, which are ranked in transactions ranging from 1.2 billion to 1.1 billion.The chart incorporates Solana’s huge transaction volume, further validating the token’s activity in the blockchain ecosystem. It emphasizes the high demand for platforms, as Solana is constantly used for decentralized applications and smart contracts. Therefore, it shows how Solana’s ecosystem is intact, and even the network’s scalability and cheap transaction costs are factors for the cryptocurrency’s success in 2024.
Solana Market Sentiment Shows Bullish Outlook
Currently, the sentiment around Solana cryptocurrency seems more positive than negative, with retail and institutional investors revealing hybrid signals. The crowd sentiment for the token stands at 0.08, which is slightly more than neutral, suggesting some degree of optimism prevailing in the market on the part of retail investors. On the contrary, Smart Money Sentiment shows an even better bullish trend at 1.31, reflecting confidence from institutional investors and big traders.
This synchronization between retail and institutional sentiment implies that the SOL token has a good outlook in the market and that there is room for more bullish sentiment to take hold. The optimism from both groups indicates a potential for aggressive buying and aspirations for higher prices in the short term
Influence of SHIB Burn on Shiba Inu Price Momentum
Besides the 565% increase in whale net flows, other factors have pushed SHIB’s price higher. Recent data from Shibburn shows an 1837.49% surge in the SHIB burn rate. 463,450,468 SHIB tokens were removed from circulation in just 24 hours.
According to the details, this stunning token incineration resulted from seven burn transactions since November 10. One stood out due to its size: 412,144,084 SHIB. The other top three transactions include 46,754,762 SHIB, 3,000,000 SHIB, and 1,240,000 SHIB transferred to dead blockchain wallets.
Notably, the Shiba Inu network conducts period token burn to reduce supply. Eventually, this leads to higher prices as demand increases.
Shytoshi Kusama and the Elon Musk S.H.I.B Proposal Pitch
In a recent post, Shiba Inu’s marketing expert Lucie highlighted a recommendation from lead developer Shytoshi Kusama. On Sunday, Elon Musk made an X post, asking for recommendations for roles in Donald Trump’s new administration.
Wasting no time, Kusama quickly sold his Strategic Hub for Innovation in Blockchain (S.H.I.B) strategy to the new government. “I think the Strategic Hub for Innovation in Blockchain would be a good start,” Kusama opined.
Backtracking, Kusama informally presented the new venture to the US government following Trump’s election win. The proposal seeks to turn a chosen city into the “Silicon Valley of Crypto” and reinforce U.S. leadership in digital technologies. The plan involved establishing the necessary physical and digital infrastructure, awarding economic incentives, and investing in talent development.