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Good evening, brothers. Bitcoin has been strong for two days over the weekend, breaking through resistance daily. Many altcoins have started to rebound tonight, and many have already broken through the four-hour resistance. Tomorrow is the weekly line change; as long as the market moves sideways, altcoins may experience a four-hour level rebound. BTC Tonight, pay attention to the support at 102447. As long as it does not break this level on the one-hour chart, the market remains bullish. The upper resistance continues to look at the vicinity of 103655 and 104648. If the one-hour closing falls below 102447, the one-hour level will begin to correct. The lower correction support is at 102000, 100564, and 99800. If the four-hour closing falls below 102000, the four-hour level will start to correct. ETH Currently, Ethereum has once again surged above the four-hour support at 3884. If it holds this position, it will see a four-hour level increase. The upper resistance is at 3946, 3988, and 4026. If it falls below 3884 again, the market will continue to enter a consolidation phase. Lower support: 3830 and 3800. If these two levels are broken, the daily line will begin to correct. SOL SOL is currently testing the four-hour resistance at 221. If the four-hour closing breaks this resistance, it will start a rebound at the four-hour level. The upper rebound resistance is at 227 and 234. If it breaks below 219, this rebound will end, and lower support continues to look at 215 and 203. BNB Just now, it surged to the four-hour resistance at 720. Continue to pay attention to this resistance tonight. If the four-hour closing breaks this resistance, the four-hour level will start to rebound. The upper rebound resistance: 732 and 741. If the one-hour closing falls below the support at 713, this rebound will end, and lower support continues to look at 697, 677, and 660. DOGE Dogecoin has currently broken the four-hour resistance at 0.402. Tonight, watch the four-hour rebound resistance: 0.42. If it breaks this resistance, look for 0.44 and 0.45. If the one-hour closing falls below the support at 0.4, the smaller level will start to correct. Lower correction support: 0.387, 0.37, and 0.34#BTC☀ ☀ #ETH🔥🔥🔥🔥 🔥🔥🔥🔥 #sol趋势 #doge⚡ ⚡ #BNB金鏟子
Most of the targets that are on contracts and not on spot are down! Borrowing a certain big shot's statistical chart to express my own opinion, from a probability perspective, most are down, which means treating the act of going on a contract as a good opportunity to sell? 1️⃣ Why not go on spot? Because there are no chips? 2️⃣ Why go on contract? Because the hype is high, aiming to earn transaction fees? Share your views in the comments.
In November 2024, the cryptocurrency market reached unprecedented heights, with the total market capitalization soaring to a record $3.47 trillion. The monthly market cap growth of cryptocurrencies in November was 39.9% (Figure 1).
This growth was driven by a significant rise in Bitcoin to over $100,000 and substantial institutional participation, evidenced by over $6.5 billion in spot ETF inflows over the month, marking seven consecutive weeks of inflows. The Federal Reserve cut interest rates to 4.5%-4.75% on November 7, boosting confidence in risk assets, while SEC Chairman Gary Gensler's resignation intensified speculation about potential regulatory reforms favorable to digital assets.
BTC and ETH spot ETFs led the way, breaking inflow records with cumulative net inflows exceeding $30 billion and $577 million, respectively.
Altcoins also saw a revival, with the altcoin season index climbing from 27 to 70, and a total market cap increase of $470 billion month-over-month. Monthly price performance of the top 10 tokens by market cap (Figure 2).
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You ask me why I gamble, the bowing of my father, the indifference of relatives, the departure of friends, the empty pockets, the things I desire but cannot obtain are all reasons for us to go all in, brothers, let's do it!! $BTC
Today’s Bitcoin market showcases significant activity amidst shifting trends. After November's remarkable rally, which saw Bitcoin gain nearly 50% to touch $100,000, December has brought a period of consolidation. Currently trading at approximately $97,000, Bitcoin has declined by 2% in the past 24 hours. Its market capitalization stands strong at $1.92 trillion, dominating 55.71% of the global cryptocurrency market. Market Trends and Activity The broader crypto market has seen a 5% drop, with B
Once the 60 days elapse, locked tokens are returned to the user for unrestricted use.
Interplay Between the Mechanisms
These two features often function together to balance governance incentives and token dynamics:
Example Process:
A user commits 100 tokens to a governance vote.
A percentage (e.g., 5%) is burned, permanently reducing the token supply.
The remaining 95 tokens are locked for 60 days, ensuring the user maintains a stake in the protocol’s outcomes.
Benefits to the Ecosystem:
Scarcity Creation: Burning reduces total supply, enhancing value for other holders.
Long-Term Alignment: Locking ensures participants cannot act opportunistically by voting and quickly exiting.
Governance Integrity: Combines economic and time-bound costs to discourage malicious activity or disinterest.
Balancing Commitment with Flexibility
While these mechanisms strengthen governance and protect protocols, they also impose constraints on token liquidity for participants. Effective implementation requires balancing these trade-offs to maintain community trust and engagement while safeguarding protocol objectives.
By integrating the voting burn and 60-day lock mechanisms, DeFi platforms can achieve a robust governance framework that fosters accountability, stability, and long-term growth.
In decentralized finance (DeFi) governance, mechanisms like voting burns and token locks are key tools to foster accountability, discourage malicious behavior, and ensure sustained commitment to the ecosystem. Here’s an overview of these strategies:
Voting Burn Mechanism
This feature introduces an economic cost to governance participation by requiring users to stake or burn tokens when voting.
Core Principles:
Token-Based Governance:
Staking: Voters temporarily lock their tokens during the voting period, regaining access later.
Burning: A portion or all of the tokens used for voting are permanently removed from circulation.
Incentive Alignment:
Burn mechanisms ensure voters prioritize the protocol's health, as they lose part of their holdings by participating.
Token scarcity increases as more tokens are burned, potentially driving long-term value for holders.
Protocol Stability:
This approach minimizes frivolous or harmful proposals since participation has tangible consequences. #BURNGMT
How to Earn Daily $1 on Binance Without Any Investment
Earning money on Binance without an initial investment may sound challenging, but it is possible by leveraging the platform’s features designed to help users kick-start their crypto journey. Here’s how you can earn $1 (or even more) on Binance without investing your own money. 1.Join Binance Referral Programs Binance has a robust referral system that rewards users for inviting friends to the platform. Steps: 1.Create a Referral Link: Go to your Binance account and generate a unique re
Bitcoin Hits $100,000: A Historic Moment in Financial Evolution
The cryptocurrency world has achieved a monumental milestone as Bitcoin, the leading digital asset, crosses the $100,000 threshold. This landmark event not only cements Bitcoin's place as a key player in the global financial ecosystem but also highlights the growing trust and adoption of decentralized currencies. The Journey to $100K Reaching $100,000 is a culmination of over a decade of technological innovation, market resilience, and increasing institutional adoption. Bitcoin's rise reflects i
Binance is giving us a great opportunity day by Day #Share1BNBDaily
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DIN Completes $4M Pre-Listing Round, Total Fundraising Reaches $8M
We are thrilled to announce that DIN has successfully raised $4M in the latest pre-listing round, bringing our total funding to $8M! The pre-listing round saw new participation from Manta Network, Moonbeam Network, Ankr, Maxx Capital, and some community and KOL investors. We are incredibly grateful for the support from our new investors and remain thankful for the steadfast backing of our Seed round investors: Binance Labs, Hashkey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings, and Archerman Capital. This funding will accelerate the development of DIN, the first modular AI-native data pre-processing layer. We will redefine the AI data ecosystem in crypto. With the financial support and collaborative efforts of our partners, we believe we can unlock even greater potential at the intersection of AI and crypto. Earlier this July, we unveiled our future plans for DIN on X, including xData New Version, Node Sale, Node Mining, Airdrop Claim, and TGE. We’ve completed the new xData version update and are excited to announce that the DIN Chipper Node Whitelist Round is live as of August 20th. The Public Sale Round will begin on August 22nd. The Chipper Node is an essential part of the DIN ecosystem, enabling data validation and vectorization, and providing the computational power for converting our main token, $DIN. Join us in shaping the future of the AI data economy! Follow our X page for updates and be part of our journey as we continue to innovate and expand the AI data + Crypto landscape.
Ethereum (ETH) is experiencing a notable rise, driven by several key factors that could shape its future trajectory.
1.Scalability Improvements: The Ethereum 2.0 roadmap, which includes sharding, aims to scale the network significantly, enabling up to 100,000 transactions per second. This positions Ethereum as a leading blockchain for decentralized applications (dApps) and smart contracts, enhancing its utility and attractiveness to investors.
2.Institutional Adoption: The approval of Ethereum-focused ETFs and the increasing institutional interest are boosting ETH's credibility as a store of value and medium of exchange. This could decouple its price movements from Bitcoin over time.
3.DeFi and NFT Growth: Ethereum continues to dominate the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. These sectors expand its use cases, attracting developers and users, which in turn fuels demand for ETH.
4.Market Predictions: Experts project ETH to potentially reach prices between $6,000 and $8,000 by the end of 2024. Long-term forecasts vary widely, with some suggesting prices exceeding $10,000 by 2030 due to increased adoption and technological advancements.
5.Challenges and Competition: Ethereum faces challenges such as competition from other blockchains like Solana and Cardano, as well as regulatory uncertainties. Its slightly inflationary supply dynamics may also impact its appeal compared to capped-supply cryptocurrencies like Bitcoin.
In summary, Ethereum's future looks promising, backed by technological upgrades, robust ecosystem growth, and institutional interest. However, investors should remain mindful of market volatility and the evolving competitive landscape.#ETHOnTheRise