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elon
Crypto Intelligence
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Elon Pumps Solana Memecoin to Rally 19,000% Ahead of Exchange Listing, While SHIB and DOGE Lag
Elon Pumps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon Pumps (ELONPUMP), a new Solana memecoin that was launched today, is poised to explode over 19,000% in price in the coming days.
This is because ELONPUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Pumps could become the next viral memecoin.
Elon Pumps launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Pumps on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Pumps by entering its contract address – 9EwZaRCDjZWs2AkiSi2nhPxcExjtv5obd5kYXDRipyir – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elon Pumps (ELONPUMP), a new Solana memecoin that was launched today, is poised to explode over 19,000% in price in the coming days.
This is because ELONPUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Pumps could become the next viral memecoin.
Elon Pumps launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Pumps on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Pumps by entering its contract address – 9EwZaRCDjZWs2AkiSi2nhPxcExjtv5obd5kYXDRipyir – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
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that
How to Make $50 with a 3-Minute Candle by Following These Patterns📈
Trading in financial markets can be a lucrative way to make quick profits, but it requires skill, strategy, and a strong understanding of patterns. One of the fastest ways to make $50 is by trading using 3-minute candlestick charts. Here's a step-by-step guide on how you can achieve this by recognizing key patterns and executing trades effectively.
1. Understand 3-Minute Candles A candlestick chart represents price movements within a specified time frame. In this case, each candlestick covers a 3-minute period. The candlestick has:
Body: The open and close prices. Wicks (or Shadows): The highest and lowest prices. Color: Green (bullish) or red (bearish). By analyzing these candles, you can identify patterns that predict price movements.
2. Learn the Key Patterns Here are some common candlestick patterns you should master:
a. Bullish Engulfing - A smaller red candle is followed by a larger green candle that fully "engulfs" it. - This indicates a potential upward price movement. Strategy: Buy immediately after the pattern forms. b. Bearish Engulfing - A smaller green candle is followed by a larger red candle that fully "engulfs" it. - This signals a possible downward price trend. - Strategy: Sell or short the asset after confirmation. c. Hammer and Inverted Hammer - Hammer: A small body with a long lower wick, signaling a potential reversal upward. Inverted Hammer: A small body with a long upper wick, indicating possible bullish reversal. Strategy: Buy after confirmation of a reversal. d. Doji- A candle with almost equal open and close prices, forming a cross shape. - Indicates market indecision, often preceding a breakout. Strategy: Wait for the next candle to confirm the direction before entering a trade.
3. Risk Management Even the best patterns can fail. To minimize losses: - Use stop-loss orders to cap potential losses. - Risk only 1-2% of your total capital per trade. - Trade in high-volume assets for better liquidity and execution.
4. Execute the Trade Here’s how you can make $50 using a $500 trading account:
Identify the pattern: Spot one of the patterns on the 3-minute chart. Enter the trade: Buy or sell based on the pattern's signal. Set targets: Aim for a 1:1 or 1:2 risk-to-reward ratio. For example, if your stop-loss is $25, aim to make $50 in profit. Monitor the trade: Exit as soon as the profit target is hit. 5. Practice and Refine Success in trading requires practice. Use a demo account to test your strategy before using real money. Learn from your mistakes and refine your approach to improve consistency.
Conclusion
Making $50 with a 3-minute candle is achievable if you follow the right patterns, manage your risks, and maintain discipline. Always remember that trading involves risks, so never trade with money you can’t afford to lose. With practice and a well-defined strategy, you can turn these quick trades into a reliable income source.
#BinanceSquareFamily
1. Understand 3-Minute Candles A candlestick chart represents price movements within a specified time frame. In this case, each candlestick covers a 3-minute period. The candlestick has:
Body: The open and close prices. Wicks (or Shadows): The highest and lowest prices. Color: Green (bullish) or red (bearish). By analyzing these candles, you can identify patterns that predict price movements.
2. Learn the Key Patterns Here are some common candlestick patterns you should master:
a. Bullish Engulfing - A smaller red candle is followed by a larger green candle that fully "engulfs" it. - This indicates a potential upward price movement. Strategy: Buy immediately after the pattern forms. b. Bearish Engulfing - A smaller green candle is followed by a larger red candle that fully "engulfs" it. - This signals a possible downward price trend. - Strategy: Sell or short the asset after confirmation. c. Hammer and Inverted Hammer - Hammer: A small body with a long lower wick, signaling a potential reversal upward. Inverted Hammer: A small body with a long upper wick, indicating possible bullish reversal. Strategy: Buy after confirmation of a reversal. d. Doji- A candle with almost equal open and close prices, forming a cross shape. - Indicates market indecision, often preceding a breakout. Strategy: Wait for the next candle to confirm the direction before entering a trade.
3. Risk Management Even the best patterns can fail. To minimize losses: - Use stop-loss orders to cap potential losses. - Risk only 1-2% of your total capital per trade. - Trade in high-volume assets for better liquidity and execution.
4. Execute the Trade Here’s how you can make $50 using a $500 trading account:
Identify the pattern: Spot one of the patterns on the 3-minute chart. Enter the trade: Buy or sell based on the pattern's signal. Set targets: Aim for a 1:1 or 1:2 risk-to-reward ratio. For example, if your stop-loss is $25, aim to make $50 in profit. Monitor the trade: Exit as soon as the profit target is hit. 5. Practice and Refine Success in trading requires practice. Use a demo account to test your strategy before using real money. Learn from your mistakes and refine your approach to improve consistency.
Conclusion
Making $50 with a 3-minute candle is achievable if you follow the right patterns, manage your risks, and maintain discipline. Always remember that trading involves risks, so never trade with money you can’t afford to lose. With practice and a well-defined strategy, you can turn these quick trades into a reliable income source.
#BinanceSquareFamily
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If you see like this 3 equal candle stick with the short thing in middle, it will pump.
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elon
Crypto Intelligence
--
Elon Pumps Solana Memecoin to Rally 19,000% Ahead of Exchange Listing, While SHIB and DOGE Lag
Elon Pumps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon Pumps (ELONPUMP), a new Solana memecoin that was launched today, is poised to explode over 19,000% in price in the coming days.
This is because ELONPUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Pumps could become the next viral memecoin.
Elon Pumps launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Pumps on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Pumps by entering its contract address – 9EwZaRCDjZWs2AkiSi2nhPxcExjtv5obd5kYXDRipyir – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elon Pumps (ELONPUMP), a new Solana memecoin that was launched today, is poised to explode over 19,000% in price in the coming days.
This is because ELONPUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Pumps could become the next viral memecoin.
Elon Pumps launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elon Pumps on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Pumps by entering its contract address – 9EwZaRCDjZWs2AkiSi2nhPxcExjtv5obd5kYXDRipyir – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
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claim
Quoted content has been removed
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telegram
CryptoNews
--
Telegram Transforms: From Messaging App to Blockchain Powerhouse
Telegram launched as a simple messaging app in 2013. Today, it’s a major player in the cryptocurrency space, integrating the TON blockchain.
When brothers Nikolai and Pavel Durov founded Telegram, the startup quickly gained popularity for its emphasis on privacy and speed.
In the subsequent years, Telegram underwent a transformation: changing from a communication tool to a key platform for crypto users and applications.
In this article, we will retrace Telegram’s journey, from its initial foray into blockchain technology with the TON Blockchain to its legal battles with the U.S. Securities and Exchange Commission and its current influential role in the crypto community.
Table of Contents
Telegram origins and shift to crypto
Developing the TON blockchain
Telegram’s current role in crypto
Rise of mini-apps and the tap-to-play ecosystem
Looking ahead
Telegram origins and shift to crypto
As stated earlier, Telegram started as a messaging app — touted for its strong security features and user-friendly interface. It utilized encrypted chats and large group chats.
Telegram’s introduction of bots in 2015 marked a significant milestone. This allowed the app’s users to automate tasks, manage groups, and even facilitate complex interactions.
As the platform grew, Telegram introduced voice calls in 2017 and video calls in 2020, further enhancing its communication capabilities.
Its evolution continued with the launch of channels, which provided a new way for users to broadcast messages to large audiences. This tool was further enhanced with stories for channels, a feature allowing users to share fleeting content with unique dual-camera functionality and detailed privacy settings.
It also introduced a transparent and fair giveaway system within channels, enabling users to win real-world prizes.
However, the Durov brothers had a grander vision for Telegram beyond messaging. They sought to create a decentralized platform that could change the way people handled digital transactions and communications.
This vision led to the creation of the Telegram Open Network blockchain. The goal was to build a high-performance blockchain capable of processing millions of transactions per second while integrating seamlessly with Telegram’s messaging platform.
The project promised to introduce new features such as decentralized applications, smart contracts, and a native cryptocurrency, Gram.
Developing the TON blockchain
The TON Blockchain began in earnest when Pavel Durov released a whitepaper in 2018 outlining its technological advancements and potential.
Originally envisioned to integrate cryptocurrency and blockchain features into the Telegram ecosystem, TON’s creators designed it with scalability in mind. It was meant to handle millions of transactions per second, a feat it aimed to achieve through a unique multi-blockchain architecture and sharding mechanism.
The mechanism splits the blockchain into a master chain, which manages the overall network, and multiple work chains, each capable of operating independently.
To actualize this dream, Telegram sought to raise funds through an initial coin offering. Before that, the company raised about $1.7 billion from 175 investors in a private sale of its native Gram token.
However, the success was short-lived. Soon after the presale, the U.S. Securities and Exchange Commission cast its regulatory eyes on the platform.
Legal battle with the SEC
In October 2019, the SEC filed a complaint against Telegram, alleging that the company had conducted an unregistered securities offering by selling Gram tokens. The commission argued that those tokens were securities and should have been registered under U.S. securities laws.
The legal battle culminated in a landmark decision in March 2020 when a U.S. federal court ruled in favor of the SEC, halting the distribution of Gram tokens.
As a result, Telegram postponed and eventually abandoned the project in May 2020. It also agreed to return the money raised in the pre-ICO event to investors and pay an $18.5 million civil penalty.
Telegram felt the impact of this decision, which also sent shockwaves through the broader crypto industry, highlighting the regulatory challenges blockchain projects face.
Once Telegram stepped back, a group of independent developers picked up the slack and continued to build TON, now renamed The Open Network. This ensured the project’s survival.
Its development is now supported and guided by a non-profit organization, the TON Foundation, based in Zug, Switzerland. Steve Yun serves as the president of the TON Foundation, while Andrew Rogozov, former CEO of Russian social media site VK, is a founding member.
Throughout 2021 and 2022, the TON community focused on improving the network’s architecture, implementing dynamic sharding, and refining its proof-of-stake consensus mechanism.
Telegram’s continued support and integration
While no longer the architect of the development of TON, Telegram has continued to support the platform. For instance, in September 2023, the messaging app, with more than 800 million users at the time, integrated the TON Space self-custodial wallet.
This integration was followed by an introduction to an ad revenue-sharing system this past March, where payments are made exclusively in Toncoin (TON), the successor of Gram, thereby fostering further engagement with the TON ecosystem.
In September 2023, Telegram officially endorsed TON, declaring the blockchain and its associated token as the app’s “official web3 infrastructure.” This move has sparked investor interest and led to substantial gains for the TON token.
As a result, the total value locked on TON surpassed $300 million on May 27, 2024, marking a significant milestone fueled by a community rewards program from the TON Foundation.
You might also like: The secret behind Toncoin’s success
Telegram’s current role in crypto
Seemingly putting its disappointment at not being able to build the TON network by itself, Telegram has continued to play a pivotal role in the crypto space. The messaging app has become a central hub for the crypto community, providing a platform for discussion, collaboration, and information sharing.
Telegram groups and channels are widely used for announcements, trading signals, and community building within the crypto ecosystem.
Additionally, the platform’s influence in the crypto space has been further solidified by its recent introduction of new features that cater to crypto users, such as a digital marketplace within the app and integrations with popular wallets like Trust Wallet.
Telegram’s collaboration with Trust Wallet will enable the crypto wallet to leverage the messaging app’s vast user base, focusing on gaming finance and dapps. It will also reportedly allow Trust Wallet’s 100 million users to send and receive TON tokens.
Furthermore, TON announced it would soon support Tether (USDT) tokens on its blockchain, allowing Telegram users to send the stablecoin within the app.
News of that particular development boosted TON’s value, pushing it up to $7.63 on April 11 from approximately $2.21 a year ago, according to CoinGecko data.
At the time of this writing, a TON token was going for $5.46, giving the cryptocurrency an overall value of $13.7 billion and making it the tenth-biggest digital asset by market cap, just behind Dogecoin (DOGE).
Rise of mini-apps and the tap-to-play ecosystem
On July 31, Telegram announced it was rolling out a new in-app browser, expanding its blockchain capabilities and user experience. The announcement followed the introduction of a mini app store earlier in the month by CEO Pavel Durov.
The latest Telegram update added a Mini App Store in search, where users can find a list of popular mini apps. Featured mini apps display their number of monthly active users and developers can now add screenshots and video demos to their bot's profile. pic.twitter.com/Jxr0CdUeMM
— Telegram Messenger (@telegram) August 3, 2024
This new browser will enable Telegram’s vast user base to access TON sites, a platform for decentralized websites. The Telegram co-founder highlighted that the browser offers features akin to traditional web browsers and integrates web browsing with messaging.
Additionally, you can access the Telegram mini app store through the app’s search feature. According to the announcement, 500 million of Telegram’s 950 million users interact with mini-apps monthly, and they can now find all their mini-apps in one consolidated location.
The ecosystem also introduces “Stars,” a new in-app payment unit launched on June 7. Users can send Stars to friends and use them for transactions within mini-apps, which can later be exchanged for Toncoin.
Telegram’s mini-apps have been quite successful. Popular applications like Notcoin (NOT) and Hamster Kombat attract millions of users worldwide. In Notcoin, users earn tokens by completing social challenges. The game has amassed more than 35 million users in five months and had a $1.15 billion market cap at the time of writing.
Hamster Kombat, a crypto exchange management simulation game, is no slouch either. It has become one of the fastest-growing web3 applications, reportedly boasting over 300 million users since its launch in March 2024.
The project plans to launch a significant airdrop for its native token, HMSTR, on the TON network, an exercise it described as the “largest airdrop in the history of crypto.”
As reported by crypto.news, Hamster Kombat plans to distribute at least 60% of the HMSTR supply to players of the game on Telegram.
🫶🏽🐹 https://t.co/NBkaoBE8n5
— Hamster Kombat (@hamster_kombat) July 31, 2024
Another noteworthy mini-app, Catizen, launched alongside Hamster Kombat, has attracted over 27 million active users. This success led to investment in the app’s publisher, Pluto Studio, from HashKey Capital, a Hong Kong-based crypto venture firm.
However, despite the excitement, some delays have caused frustration among users. The highly anticipated token airdrops for HMSTR and Catizen’s CATI tokens were expected to launch on the TON blockchain in July but have both been postponed.
Catizen cited planning challenges, including securing exchanges, ensuring liquidity, and compliance issues, as reasons for the delay. Similarly, Hamster Kombat explained that the complexity of the technical task has pushed back its token release.
You might also like: Telegram’s gaming scene faces a hiccup as Catizen and Hamster Kombat delay their token drops
Looking ahead
Telegram’s foray into the crypto and digital assets market is a testament to its vision of becoming a comprehensive digital ecosystem. With its approach to monetization and the success of its mini-apps, the messaging platform is positioning itself to continue its growth in the crypto space.
It also seems like Telegram is planning an initial public offering. In his first interview since 2017, Pavel Durov revealed plans for the messaging app’s financial future, including a potential IPO.
Additionally, Durov told the Financial Times on March 11 that Telegram aims to become profitable by 2025, if not sooner.
Since 2021, Telegram has raised $2 billion through bond issues, with bondholders reportedly set to receive a 10-20% discount on the IPO if it occurs before March 2026.
Telegram’s journey from a messaging app to a significant player in the crypto space is a testament to its ability to adapt and innovate. Despite facing regulatory challenges and setbacks, it has remained a vital platform for the crypto community.
Read more: When will Hamster Kombat be listed: Rumors and community reactions
When brothers Nikolai and Pavel Durov founded Telegram, the startup quickly gained popularity for its emphasis on privacy and speed.
In the subsequent years, Telegram underwent a transformation: changing from a communication tool to a key platform for crypto users and applications.
In this article, we will retrace Telegram’s journey, from its initial foray into blockchain technology with the TON Blockchain to its legal battles with the U.S. Securities and Exchange Commission and its current influential role in the crypto community.
Table of Contents
Telegram origins and shift to crypto
Developing the TON blockchain
Telegram’s current role in crypto
Rise of mini-apps and the tap-to-play ecosystem
Looking ahead
Telegram origins and shift to crypto
As stated earlier, Telegram started as a messaging app — touted for its strong security features and user-friendly interface. It utilized encrypted chats and large group chats.
Telegram’s introduction of bots in 2015 marked a significant milestone. This allowed the app’s users to automate tasks, manage groups, and even facilitate complex interactions.
As the platform grew, Telegram introduced voice calls in 2017 and video calls in 2020, further enhancing its communication capabilities.
Its evolution continued with the launch of channels, which provided a new way for users to broadcast messages to large audiences. This tool was further enhanced with stories for channels, a feature allowing users to share fleeting content with unique dual-camera functionality and detailed privacy settings.
It also introduced a transparent and fair giveaway system within channels, enabling users to win real-world prizes.
However, the Durov brothers had a grander vision for Telegram beyond messaging. They sought to create a decentralized platform that could change the way people handled digital transactions and communications.
This vision led to the creation of the Telegram Open Network blockchain. The goal was to build a high-performance blockchain capable of processing millions of transactions per second while integrating seamlessly with Telegram’s messaging platform.
The project promised to introduce new features such as decentralized applications, smart contracts, and a native cryptocurrency, Gram.
Developing the TON blockchain
The TON Blockchain began in earnest when Pavel Durov released a whitepaper in 2018 outlining its technological advancements and potential.
Originally envisioned to integrate cryptocurrency and blockchain features into the Telegram ecosystem, TON’s creators designed it with scalability in mind. It was meant to handle millions of transactions per second, a feat it aimed to achieve through a unique multi-blockchain architecture and sharding mechanism.
The mechanism splits the blockchain into a master chain, which manages the overall network, and multiple work chains, each capable of operating independently.
To actualize this dream, Telegram sought to raise funds through an initial coin offering. Before that, the company raised about $1.7 billion from 175 investors in a private sale of its native Gram token.
However, the success was short-lived. Soon after the presale, the U.S. Securities and Exchange Commission cast its regulatory eyes on the platform.
Legal battle with the SEC
In October 2019, the SEC filed a complaint against Telegram, alleging that the company had conducted an unregistered securities offering by selling Gram tokens. The commission argued that those tokens were securities and should have been registered under U.S. securities laws.
The legal battle culminated in a landmark decision in March 2020 when a U.S. federal court ruled in favor of the SEC, halting the distribution of Gram tokens.
As a result, Telegram postponed and eventually abandoned the project in May 2020. It also agreed to return the money raised in the pre-ICO event to investors and pay an $18.5 million civil penalty.
Telegram felt the impact of this decision, which also sent shockwaves through the broader crypto industry, highlighting the regulatory challenges blockchain projects face.
Once Telegram stepped back, a group of independent developers picked up the slack and continued to build TON, now renamed The Open Network. This ensured the project’s survival.
Its development is now supported and guided by a non-profit organization, the TON Foundation, based in Zug, Switzerland. Steve Yun serves as the president of the TON Foundation, while Andrew Rogozov, former CEO of Russian social media site VK, is a founding member.
Throughout 2021 and 2022, the TON community focused on improving the network’s architecture, implementing dynamic sharding, and refining its proof-of-stake consensus mechanism.
Telegram’s continued support and integration
While no longer the architect of the development of TON, Telegram has continued to support the platform. For instance, in September 2023, the messaging app, with more than 800 million users at the time, integrated the TON Space self-custodial wallet.
This integration was followed by an introduction to an ad revenue-sharing system this past March, where payments are made exclusively in Toncoin (TON), the successor of Gram, thereby fostering further engagement with the TON ecosystem.
In September 2023, Telegram officially endorsed TON, declaring the blockchain and its associated token as the app’s “official web3 infrastructure.” This move has sparked investor interest and led to substantial gains for the TON token.
As a result, the total value locked on TON surpassed $300 million on May 27, 2024, marking a significant milestone fueled by a community rewards program from the TON Foundation.
You might also like: The secret behind Toncoin’s success
Telegram’s current role in crypto
Seemingly putting its disappointment at not being able to build the TON network by itself, Telegram has continued to play a pivotal role in the crypto space. The messaging app has become a central hub for the crypto community, providing a platform for discussion, collaboration, and information sharing.
Telegram groups and channels are widely used for announcements, trading signals, and community building within the crypto ecosystem.
Additionally, the platform’s influence in the crypto space has been further solidified by its recent introduction of new features that cater to crypto users, such as a digital marketplace within the app and integrations with popular wallets like Trust Wallet.
Telegram’s collaboration with Trust Wallet will enable the crypto wallet to leverage the messaging app’s vast user base, focusing on gaming finance and dapps. It will also reportedly allow Trust Wallet’s 100 million users to send and receive TON tokens.
Furthermore, TON announced it would soon support Tether (USDT) tokens on its blockchain, allowing Telegram users to send the stablecoin within the app.
News of that particular development boosted TON’s value, pushing it up to $7.63 on April 11 from approximately $2.21 a year ago, according to CoinGecko data.
At the time of this writing, a TON token was going for $5.46, giving the cryptocurrency an overall value of $13.7 billion and making it the tenth-biggest digital asset by market cap, just behind Dogecoin (DOGE).
Rise of mini-apps and the tap-to-play ecosystem
On July 31, Telegram announced it was rolling out a new in-app browser, expanding its blockchain capabilities and user experience. The announcement followed the introduction of a mini app store earlier in the month by CEO Pavel Durov.
The latest Telegram update added a Mini App Store in search, where users can find a list of popular mini apps. Featured mini apps display their number of monthly active users and developers can now add screenshots and video demos to their bot's profile. pic.twitter.com/Jxr0CdUeMM
— Telegram Messenger (@telegram) August 3, 2024
This new browser will enable Telegram’s vast user base to access TON sites, a platform for decentralized websites. The Telegram co-founder highlighted that the browser offers features akin to traditional web browsers and integrates web browsing with messaging.
Additionally, you can access the Telegram mini app store through the app’s search feature. According to the announcement, 500 million of Telegram’s 950 million users interact with mini-apps monthly, and they can now find all their mini-apps in one consolidated location.
The ecosystem also introduces “Stars,” a new in-app payment unit launched on June 7. Users can send Stars to friends and use them for transactions within mini-apps, which can later be exchanged for Toncoin.
Telegram’s mini-apps have been quite successful. Popular applications like Notcoin (NOT) and Hamster Kombat attract millions of users worldwide. In Notcoin, users earn tokens by completing social challenges. The game has amassed more than 35 million users in five months and had a $1.15 billion market cap at the time of writing.
Hamster Kombat, a crypto exchange management simulation game, is no slouch either. It has become one of the fastest-growing web3 applications, reportedly boasting over 300 million users since its launch in March 2024.
The project plans to launch a significant airdrop for its native token, HMSTR, on the TON network, an exercise it described as the “largest airdrop in the history of crypto.”
As reported by crypto.news, Hamster Kombat plans to distribute at least 60% of the HMSTR supply to players of the game on Telegram.
🫶🏽🐹 https://t.co/NBkaoBE8n5
— Hamster Kombat (@hamster_kombat) July 31, 2024
Another noteworthy mini-app, Catizen, launched alongside Hamster Kombat, has attracted over 27 million active users. This success led to investment in the app’s publisher, Pluto Studio, from HashKey Capital, a Hong Kong-based crypto venture firm.
However, despite the excitement, some delays have caused frustration among users. The highly anticipated token airdrops for HMSTR and Catizen’s CATI tokens were expected to launch on the TON blockchain in July but have both been postponed.
Catizen cited planning challenges, including securing exchanges, ensuring liquidity, and compliance issues, as reasons for the delay. Similarly, Hamster Kombat explained that the complexity of the technical task has pushed back its token release.
You might also like: Telegram’s gaming scene faces a hiccup as Catizen and Hamster Kombat delay their token drops
Looking ahead
Telegram’s foray into the crypto and digital assets market is a testament to its vision of becoming a comprehensive digital ecosystem. With its approach to monetization and the success of its mini-apps, the messaging platform is positioning itself to continue its growth in the crypto space.
It also seems like Telegram is planning an initial public offering. In his first interview since 2017, Pavel Durov revealed plans for the messaging app’s financial future, including a potential IPO.
Additionally, Durov told the Financial Times on March 11 that Telegram aims to become profitable by 2025, if not sooner.
Since 2021, Telegram has raised $2 billion through bond issues, with bondholders reportedly set to receive a 10-20% discount on the IPO if it occurs before March 2026.
Telegram’s journey from a messaging app to a significant player in the crypto space is a testament to its ability to adapt and innovate. Despite facing regulatory challenges and setbacks, it has remained a vital platform for the crypto community.
Read more: When will Hamster Kombat be listed: Rumors and community reactions
crypto trading
Crypto PM
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Real-Life Examples of Successful Crypto Trading Strategies
Cryptocurrency trading has become increasingly popular in recent years, with some traders achieving remarkable success. This article explores several real-life examples of crypto trading strategies that have proven effective in this volatile and rapidly evolving market.
1. Michael Saylor's Bitcoin Accumulation Strategy
Michael Saylor, CEO of MicroStrategy, has become famous for his company's aggressive Bitcoin acquisition strategy.
Key Principles:
- Accumulate Bitcoin as a long-term store of value
- Use corporate treasury funds to purchase Bitcoin
- Hold through volatility, focusing on long-term appreciation
Real-Life Example:
Starting in August 2020, MicroStrategy began converting a significant portion of its cash reserves into Bitcoin. By 2023, the company had acquired over 130,000 bitcoins. ( 226,331 BTC holding at present )
Despite market volatility, this strategy has led to substantial gains and positioned the company as a major player in the crypto space.
2. Sam Bankman-Fried's Arbitrage Trading (Pre-FTX Collapse)
Before the collapse of FTX, Sam Bankman-Fried was known for his successful arbitrage trading strategy in the crypto market.
Key Principles:
- Identify price discrepancies across different exchanges
- Execute rapid trades to profit from these discrepancies
- Utilize high-frequency trading algorithms
Real-Life Example:
In 2017-2018, Bankman-Fried's firm Alameda Research profited from the "Kimchi premium" - the price difference of Bitcoin in South Korean exchanges compared to other global exchanges. This strategy reportedly yielded profits of up to $25 million per day at its peak.
3. Willy Woo's On-Chain Analysis
Willy Woo, a prominent crypto analyst, has developed trading strategies based on blockchain data analysis.
Key Principles:
- Analyze on-chain metrics such as active addresses, transaction volume, and holder behavior
- Use this data to predict market movements
- Combine on-chain analysis with traditional technical analysis
Real-Life Example:
Woo's Network Value to Transactions (NVT) ratio, which he introduced in 2017, has become a popular metric for valuing Bitcoin. Traders using this metric to time their entries and exits have reported significant success, particularly in identifying market tops and bottoms.
4. Plan B's Stock-to-Flow Model
Anonymous analyst Plan B gained fame for applying the stock-to-flow model to Bitcoin.
Key Principles:
- Use the ratio of existing supply (stock) to new production (flow) to predict Bitcoin's value
- Make long-term price predictions based on Bitcoin's halving cycles
- Adjust positions based on the asset's position relative to the model's predictions
Real-Life Example:
While not a trading strategy in the traditional sense, many investors have used Plan B's model to inform their long-term Bitcoin investment decisions. The model accurately predicted Bitcoin's rise to around $50,000 after the 2020 halving, though it has faced criticism for its limitations in predicting short-term price movements.
5. Raoul Pal's Macro Crypto Strategy
Raoul Pal, founder of Real Vision, has applied his macro investing experience to the crypto markets.
Key Principles:
- Analyze global macro trends and their potential impact on crypto
- Invest in cryptocurrencies and tokens that align with these trends
- Maintain a long-term perspective while adjusting allocations based on market cycles
Real-Life Example:
Pal was an early investor in Ethereum, basing his investment on the belief that Ethereum would become the foundation for a new financial system. He has reported making returns of over 100x on his initial investment by holding through multiple market cycles.
Conclusion
These real-life examples of crypto trading strategies demonstrate the diverse approaches that can lead to success in this market:
1. Long-term accumulation and holding (HODLing)
2. Arbitrage trading across exchanges
3. On-chain data analysis
4. Quantitative modeling
5. Macro trend analysis and long-term investing
It's crucial to note that the crypto market is highly volatile and past performance doesn't guarantee future results. Additionally, some strategies (like high-frequency arbitrage) may not be accessible to retail traders due to capital and technological requirements.
Successful crypto trading often involves:
- Thorough research and understanding of blockchain technology
- Risk management and position sizing
- Adaptability to rapid market changes
- Emotional discipline to stick to a strategy during high volatility
As always, potential traders should be aware of the high risks involved in crypto trading and should never invest more than they can afford to lose.
#CryptoTradingGuide
#CryptoTradingGuide
1. Michael Saylor's Bitcoin Accumulation Strategy
Michael Saylor, CEO of MicroStrategy, has become famous for his company's aggressive Bitcoin acquisition strategy.
Key Principles:
- Accumulate Bitcoin as a long-term store of value
- Use corporate treasury funds to purchase Bitcoin
- Hold through volatility, focusing on long-term appreciation
Real-Life Example:
Starting in August 2020, MicroStrategy began converting a significant portion of its cash reserves into Bitcoin. By 2023, the company had acquired over 130,000 bitcoins. ( 226,331 BTC holding at present )
Despite market volatility, this strategy has led to substantial gains and positioned the company as a major player in the crypto space.
2. Sam Bankman-Fried's Arbitrage Trading (Pre-FTX Collapse)
Before the collapse of FTX, Sam Bankman-Fried was known for his successful arbitrage trading strategy in the crypto market.
Key Principles:
- Identify price discrepancies across different exchanges
- Execute rapid trades to profit from these discrepancies
- Utilize high-frequency trading algorithms
Real-Life Example:
In 2017-2018, Bankman-Fried's firm Alameda Research profited from the "Kimchi premium" - the price difference of Bitcoin in South Korean exchanges compared to other global exchanges. This strategy reportedly yielded profits of up to $25 million per day at its peak.
3. Willy Woo's On-Chain Analysis
Willy Woo, a prominent crypto analyst, has developed trading strategies based on blockchain data analysis.
Key Principles:
- Analyze on-chain metrics such as active addresses, transaction volume, and holder behavior
- Use this data to predict market movements
- Combine on-chain analysis with traditional technical analysis
Real-Life Example:
Woo's Network Value to Transactions (NVT) ratio, which he introduced in 2017, has become a popular metric for valuing Bitcoin. Traders using this metric to time their entries and exits have reported significant success, particularly in identifying market tops and bottoms.
4. Plan B's Stock-to-Flow Model
Anonymous analyst Plan B gained fame for applying the stock-to-flow model to Bitcoin.
Key Principles:
- Use the ratio of existing supply (stock) to new production (flow) to predict Bitcoin's value
- Make long-term price predictions based on Bitcoin's halving cycles
- Adjust positions based on the asset's position relative to the model's predictions
Real-Life Example:
While not a trading strategy in the traditional sense, many investors have used Plan B's model to inform their long-term Bitcoin investment decisions. The model accurately predicted Bitcoin's rise to around $50,000 after the 2020 halving, though it has faced criticism for its limitations in predicting short-term price movements.
5. Raoul Pal's Macro Crypto Strategy
Raoul Pal, founder of Real Vision, has applied his macro investing experience to the crypto markets.
Key Principles:
- Analyze global macro trends and their potential impact on crypto
- Invest in cryptocurrencies and tokens that align with these trends
- Maintain a long-term perspective while adjusting allocations based on market cycles
Real-Life Example:
Pal was an early investor in Ethereum, basing his investment on the belief that Ethereum would become the foundation for a new financial system. He has reported making returns of over 100x on his initial investment by holding through multiple market cycles.
Conclusion
These real-life examples of crypto trading strategies demonstrate the diverse approaches that can lead to success in this market:
1. Long-term accumulation and holding (HODLing)
2. Arbitrage trading across exchanges
3. On-chain data analysis
4. Quantitative modeling
5. Macro trend analysis and long-term investing
It's crucial to note that the crypto market is highly volatile and past performance doesn't guarantee future results. Additionally, some strategies (like high-frequency arbitrage) may not be accessible to retail traders due to capital and technological requirements.
Successful crypto trading often involves:
- Thorough research and understanding of blockchain technology
- Risk management and position sizing
- Adaptability to rapid market changes
- Emotional discipline to stick to a strategy during high volatility
As always, potential traders should be aware of the high risks involved in crypto trading and should never invest more than they can afford to lose.
#CryptoTradingGuide
#CryptoTradingGuide
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#copytrading
COMB straight
COMB straight
ooo
The verdict is clear for CZ
"Former Binance CEO Changpeng Zhao was sentenced to 4 months in prison. Before being sentenced, CZ apologized and accepted responsibility for his wrong decisions. However, he also emphasized that under its leadership, Binance has implemented strict control measures 🙏🏻#Binance#CryptoNews
US prosecutors have proposed a 36-month prison sentence for CZ for "unprecedented" crimes. However, the judge disagreed, saying there was no evidence that CZ knew about illegal activities at the exchange.
CZ's case has shed light on the lack of regulatory oversight and compliance in the crypto industry. Some market observers say that although the prison sentence is light, it could affect future regulatory compliance efforts of crypto businesses. #CryptoRegulation
And what do you think about this case? Please leave your opinion in the comments section! 👇🏻"
#binance #BNB
$BNB
"Former Binance CEO Changpeng Zhao was sentenced to 4 months in prison. Before being sentenced, CZ apologized and accepted responsibility for his wrong decisions. However, he also emphasized that under its leadership, Binance has implemented strict control measures 🙏🏻#Binance#CryptoNews
US prosecutors have proposed a 36-month prison sentence for CZ for "unprecedented" crimes. However, the judge disagreed, saying there was no evidence that CZ knew about illegal activities at the exchange.
CZ's case has shed light on the lack of regulatory oversight and compliance in the crypto industry. Some market observers say that although the prison sentence is light, it could affect future regulatory compliance efforts of crypto businesses. #CryptoRegulation
And what do you think about this case? Please leave your opinion in the comments section! 👇🏻"
#binance #BNB
$BNB