Initial start: 300 Day 158 Current result: 1222 Dabuliu What’s in your pocket: WLD UFT SANTOS TKO OP Today’s summary: The yield has suddenly returned to the peak before the correction. The familiar new brother is back again, and we will sprint towards new highs every day from now on😃
Does staking tru yield returns, and what is the annualized return?
Diganta
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TrueFi (TRU): A Potential Breakout or a Breakdown?
$TRU
Decoding the Chart TrueFi (TRU) is currently trading at a crucial juncture, poised for a potential breakout or a breakdown. Let's analyze the chart to understand the possibilities. Bullish Scenario * Strong Support Levels: TRU has been holding strong support at the $0.1185 and $0.1080 levels. These levels coincide with key Fibonacci retracement levels, indicating significant buying interest. * Potential Breakout: A decisive break above the $0.1315 resistance level, coupled with strong volume, could signal a bullish trend. This could lead to a rally towards $0.1516 or even higher. * Positive Volume Profile: The Volume Profile Visualizer (VPVR) shows increased volume at the support levels, confirming the strength of these areas. Bearish Scenario * Breakdown Risk: If the price fails to hold the $0.1185 support level, it could trigger a downward move towards $0.1080 or even lower. * Negative Volume Profile: A decrease in trading volume at the support levels could weaken the bullish case. Trading Strategy * Buy the Dip: If the price dips to the $0.1185 or $0.1080 support levels, consider buying. * Set Stop-Loss Orders: Always use stop-loss orders to protect your investment. * Take Profit: Identify potential profit targets and consider taking partial profits at key resistance levels. Conclusion TRU is currently in a delicate balance between bullish and bearish forces. A decisive breakout above the $0.1315 resistance level could lead to significant gains, while a breakdown below the $0.1185 support level could trigger a correction. Remember, this is not financial advice. Always do your own research before making any investment decisions. Stay tuned for more updates on TRU and other exciting cryptocurrencies!
Does staking tru yield returns, and what is the annualized return?
菜鸟B
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If the project party wants to continue developing its RWA project, it is basically unlikely to stop at 1 dollar from the perspective of prospects. Similar RWA competitive projects include OM and TRU, but OM tends to focus on real estate and dollar-denominated assets in RWA.
#io latest information According to the latest announcement of io.net official discord #IO , the business model is about to transform. The graphics card/CPU supply model is gradually changing from the original distributed, low stability requirements, and everyone can participate in the model to a centralized model with high requirements for network and equipment stability, which is more suitable for large-scale IDC computer room participation. Combined with the previous customer model transformation, the IO network is currently moving from web3.0 to web2.0. This seemingly "reverse" upgrade is actually of great help to the stability of the IO network, thereby further promoting the demand for IO I personally think that this shift can be regarded as a positive, and it can be bullish in the short term. In the long term, the selling pressure of more than 2 million per month is still a bit stressful. If the demand of the IO network still does not increase effectively after completing the business model shift, it can be appropriately bearish
#IODecentralized Computing Network Binance Square National Essay Writing Competition is here!
This article is sponsored by @IONET1
The 9th call for papers project IO: Decentralized GPU computing network @IONET1 Introduction information: io.net is a decentralized GPU DePIN computing network that provides decentralized GPU computing cloud services for use scenarios such as AI, rendering, games, ZK, and verification nodes. io.net aggregates GPU resources from independent data centers, crypto miners, and individual participants, and uses leading distributed cluster technology to enable decentralized computing power to be used for complex tasks such as AI training and reasoning. Currently, there are more than 200,000 GPUs on io.net that have passed computing power authenticity verification, including more than 20,000 professional AI graphics cards such as A100, H100, and L40S. It is the DePIN project with the most computing power in Web 3.
Project $AXL , in my opinion, is better in its category than Wormhole and Layerzero projects. They will compete for leadership in the future. #AXL was previously sold for $0.028 in the seed project round, and was sold for 0.21 in the A round sale. It was sold for $1 in B tour and ICO tours. It received a total investment of 114 million dollars. After it was listed on the Binance platform, it hit a price of $2.66 and dropped to $0.86. Although it showed resistance at the levels of 2.30 ~ 2.00 ~1.50 ~ 1.20, it was as if a secret hand made all the effort to make it fall. As far as I follow, these secret hands are still trying to suppress. It wouldn't be a surprise to me if they show $0.72 levels. Its total value for me is 3 billion dollars. Divide this by the amount of supply in circulation and you get a level of $4.40. It's worth $4 at best. Taurus goes for higher goals. However, I think some people want it to go away right now at current price levels.
From the Ordinals ecosystem to Bitcoin L2, from the Restaking war to the meme wave, various narratives have emerged one after another with the myth of wealth creation of leading tokens, thus leading the entire market in stages. The potential main narrative of the next wave of rotation may be in which track, which becomes the key to ambush and layout the wealth effect of the new stage. As a relatively niche track that is difficult for retail investors to understand, the cross-chain/full-chain interoperability track has been "forgotten" to some extent. So can full-chain interoperability still become a new narrative in this bull market? The AXL investors in this free speech are strong, such as Polychain, Dragonfly, Coinbase Ventures, Binance, Galaxy, and many top individual investors. They provide strong strategic advice and also provide business development support.
Which sol will be the next one? ? Is there no prospect for massive unlocking of new L1 (vc) coins?
Sol opened on Binance on August 11, 2020, with an opening and closing price of 3.29u. According to the total volume of 578 million, the FDV (fully diluted market value) is as high as 329*578 million=1.901 billion. The specific data of the circulating market value (MC) at the opening is not available. According to the general opening of 10%-15% of the circulation, the MC is also about 200 million US dollars. Everyone knows the subsequent trend of Sol. In the crazy bull market in 2021, the growth rate was as high as more than 200 times. After the bear market in 2022, it is still awesome now.
Note: When Sol opened, MC was more than 200 million US dollars and FDV was nearly 2 billion, but the total market value of cryptocurrencies in August 2020 was only 400 billion US dollars. At that time, a project with such a market value was also terrible, and this VC coin was more criticized than it is now. But later it convinced people with its rise until now.
AXL has been washed out since it was listed on Binance and returned to its previous price. It is relatively competitive among several cross-chain projects. Today, it just announced cooperation with Deutsche Bank and the Monetary Authority of Singapore. As a cross-chain project, it has a position in the RWA track. The developers also have a good reputation. The 24-year roadmap is very rich, most of which should be implemented in the second half of the year, including virtual machines, deflation and other mechanisms. The market value is 667 million, which is suitable for small funds to ambush at low prices~
From the four-hour entanglement theory trend, whether it breaks the previous low or not, it will be a better ambush position. Of course, if it breaks, it will be better, because it will form a standard trend divergence buying point~
$OMNI I mentioned that it can be bought at $15, and now it is $19. It has 10 million coins in circulation, more than 4 million of which are sold to exchanges, and there are actually 6 million coins in circulation. Moreover, it is an L1, and the valuation will not be so low. I personally expect it to reach $39 per coin.
$BB trading needs to slow down. The listing trend of new coins is always surprisingly similar. The valuation of new coins and the issue price will always go against each other for a period of time. The selling pressure from retail investors exceeds the purchase expectations of large investors. But this situation will generally stabilize after a period of time. The length of time depends on the issuance background of the coin and its own popularity. It should be noted that as the price of new coins stabilizes. Next, the rise is possible. The basis difference between the issue price and the current price is getting bigger and bigger, which will attract more retail investors to buy at the bottom of consciousness. Especially for coins with lower unit prices, this consensus will become stronger and stronger. Nothing is immutable. If it has not changed, it means that the time has not come yet. Therefore, it is wise to hold the spot and wait for a callback. Be cautious when looking short, pay attention to protecting the profit range or establishing a stop-profit and stop-loss plan. The current holdings are still dominated by large investors, so the price of $BB is very easy to reverse. Everyone pays attention to the stabilization signal. This article is for reference only and does not provide investment advice. Please treat it rationally.
According to statistics, most of the new coins listed on Binance fell by as much as 50%. Previously, He Yi, the "number one lady in the cryptocurrency circle", responded to the "high valuation". Recently, Binance also responded quickly and launched an open recruitment plan for Binance coin listing projects. The plan stated that "launching tokens with high fully diluted valuations and low circulation will lead to huge selling pressure when they are unlocked in the future. Such a market structure is unfavorable for ordinary investors and loyal community members of the project. Binance is committed to reshaping this trend and creating a diverse market environment for our users and all market participants."
The price of $REZ is very low The price of rez is reduced 3 times than its actual price Buy Rez now so that it will go to its original price in some weeks so you can sell it Follow my decision for helpful profit With best Wishes
BounceBit (BB), a BTC restaking public chain BB coin English full name is BounceBit, BounceBit's native asset is called BB. The total supply of BB is capped at 2,100,000,000 (two billion coins). This number was consciously chosen as a recognition of Bitcoin's total supply of 21 million. A portion of the total supply will become liquidity at the launch of the mainnet, and the remaining tokens will be distributed as future equity rewards or vested in the next few years. BounceBit is the first-ever native BTCRestake chain. The BounceBit network is secured by staking Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility. BounceBit has launched a groundbreaking initiative to introduce a hybrid DeFi and CeFi yield mechanism, allowing BTC holders to earn income through native validator staking, the DeFi ecosystem, and the CeFi mirror mechanism supported by Ceffu and MainnetDigital.
Highlights:
Staking: Stake BB to participate in the dual-currency staking mechanism of Bounce Bit PoS.
Dual-currency PoS: A hybrid cognitive mechanism where each validator can accept BBTC and/or BB tokens at the same time;
Original LSD module: This module allows for delegation of staking to validators and receiving LST as a fund return.
Compliant custody: All users are stored in a secure custody solution through an MPC wallet.
Over-the-counter settlement: OES can safely tap into the liquidity of CEX, while transactions are settled over-the-counter. BB is a very unique cryptocurrency with a series of compelling features and logical rules, let me explain them to you in detail:
1. The total issuance of $BB is set at 2.1 billion, which is very large compared to Bitcoin's 21 million. This design means that $BB has huge room for expansion in terms of quantity, providing the possibility for widespread application in the future. 2. In the economic model of $BB, users can obtain $BB by staking Bitcoin. This mechanism not only motivates Bitcoin holders to participate in the $BB network, but also provides a guarantee that the value of $BB is linked to Bitcoin. 3. In the $BB system, $BB obtained by staking is considered equivalent to Bitcoin. This means that $BB can be used as a substitute for Bitcoin to some extent, increasing its liquidity and acceptance in the market.
BB still looks different. As Binance’s first megadrop, it shouldn’t be too bad. Personally, I think it’s time to shake off the chips received in the early airdrops and start trading! BounceBit releases 2024 roadmap, focusing on CeDeFi development According to ChainCatcher, BounceBit announced its development roadmap for 2024, which includes three main development pillars, each with a detailed roadmap. BounceBit’s main goal is to focus on CeDeFi Lego to build various CeDeFi products on the chain. The structure of BounceBit can be divided into three main pillars: BounceBit Portal, BounceBit Chain and BounceClub. BounceBit Portal, as an operating system, provides users with an interactive interface with BounceBit products; BounceBit Chain is the settlement layer and execution layer of the project; BounceClub is committed to building CeDeFi into a Lego of services and ecosystems. $BB $BNB
#BB币 BB coin surged more than 20 times today. What kind of monster can surge more than 20 times in such a tired market? Is there still potential in the future?
BTC re-staking: The BTC Restaking infrastructure built by BounceBit ensures fund security through regulated custody services of Ceffu, Mainnet Digital and Fireblocks. When assets generate interest through arbitrage strategies managed by experienced asset management entities, users will be given a BTC-pegged version called bounceBTC, which can be delegated to node operators, who will return the pledge certificate to the pledger. This liquid pledge derivative can then be re-pledged to other shared security clients such as sidechains, bridges and oracles.
The mission of the project is to allow more people to access high-yield opportunities in Bitcoin assets that are usually only available to quantitative and top asset management companies. BounceBit aims to bring the combined advantages of transparent CeFi and DeFi to the masses.
Well, it's too professional and you may not understand it. Next, I will tell you in plain words. Newly launched projects need time to study. For example, bnb private placement was 1u, and then it was launched on Binance and fell below 1u. After the development of the past few years, bnb has risen hundreds of times. The current price of bnb is also more than 500u, which means more than 500 times.
So does the market of bb still have potential? What I want to say is that new projects need time to study. At present, we can't see how much potential there is in the later stage. According to the nature of new coins, they will be pulled back after a wave of rushing online. Today, it has reached a maximum of 0.6, and it is currently around 0.4. Whether it can rise to 1u in the short term depends on the market heat. According to the recent market heat, my cousin thinks it can't go up, because the market has no heat recently, and all major groups are silent, and there is no activity at all. I don't recommend you to buy it. The launch time of this coin is wrong. If it is launched in a bull market, it may directly rush to 2u, because the market heat is high, and there are bullets to rush.
Finally, what my cousin wants to say is that the choice in the cryptocurrency circle is more important than hard work. Only by choosing the right potential currency can you have a chance to turn around in the cryptocurrency circle and make a lot of money when the bull market comes. If you buy junk currency, you will only watch others make money.
Finally, pay attention to the public account of my cousin in the 500x community. Several potential currencies have been announced, with an estimated return of more than ten times. They are all key investments by institutions. You can refer to them!