The GMT DAO Burn Initiative represents a pivotal moment in the crypto landscape. By burning 600 million GMT tokens, this initiative could significantly reshape the GMT ecosystem, introducing a deflationary mechanism that strengthens token value over time. Such a move aims to reduce token supply, potentially driving demand and enhancing investor confidence.
For the broader crypto industry, this initiative highlights the importance of active community governance and the role of decentralized systems in shaping economic models. It also sparks conversations about tokenomics—how token burns can influence market behavior and long-term sustainability.
Decentralized voting emerges as a cornerstone of this initiative. By engaging the community in decision-making processes, it sets a precedent for democratic participation in blockchain projects, promoting trust and inclusivity.
Join the movement by creating your own content about the GMT DAO Burn Initiative and sharing it using #BURNGMT on Binance Square. Contribute to the ongoing transformation of tokenomics and the evolution of decentralized governance!
The cryptocurrency world is ruthless, but Xin Ge is loving. 10,000 Bitcoin red envelopes are given back to fans They are all Bitcoins. I wish everyone to get rich with Xin Ge. Comment in the comment area: Get rich automatically
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.
I thought Powell would say some negative things, but I didn't expect him to be so harsh, directly going against Trump. Make sure to have stop-losses in place for the counterfeit spot, and avoid situations where the value is halved. The necessary stop-losses must be in place, and patiently wait for new trading opportunities. Regarding the market, there is not much to say now. Ethereum has dropped so much; it aims to repair the K-line trend. It is expected that BlackRock and listed companies will buy it up. #币安Alpha项目公布 #加密市场回调 $BTC
#BTC再创新高 $BTC continues the vampiric market, it's really uncomfortable, back and forth with a needle, the imitation prices are even lower, the trend is still dragging on, if this continues, Bitcoin will have to march towards higher goals. It’s not advisable to connect too much with Bitcoin, otherwise, when the time comes, whether it’s to flip and withdraw or a large influx of water, both are very good things. A steady and slow flow is the truly sustainable market.
Anyway, today, whether it's imitation or going long, everyone is uncomfortable! #市场调整後的机会?
Bitcoin Tops $107,000, Inching Closer To Google, Amazon In Market Cap Ranks
Bitcoin has once again defied gravity, surging to the $107,000 highs Monday and pushing it closer to the market capitalization of Google parent, Alphabet, which has held its place in the top ranks of the world's largest assets by market value for a long time.
Data from CoinGecko showed that at one point late Monday night, the world's first decentralized cryptocurrency traded above $107,800, breaking its previous all-time high above $106,000.
The digital currency gained 1.4% in the last 24 hours amid a nearly 10% spike in the last seven days. It bounced back and skyrocketed after plunging at one point below $104,000 earlier Monday.
XRP Jumps 13% Ahead of Ripple Stablecoin Launch 👇🎉👇
$XRP $BTC $BNB XRP Jumps 13% Ahead of Ripple Stablecoin Launch “The two assets are intertwined and investors have noticed this correlation,” one analyst said, as RLUSD transactions will burn XRP. XRP prices have risen 21% over the past seven days and 13% over the past 24 hours, trading at $2.69 at the time of publication, as the Ripple USD (RLUSD) stablecoin was launched on the network.
Does Ethereum need to break 4200? Ethereum finally broke through the small bull high of 4098 from today’s February and March wave, reaching a maximum of 4109, then retracing all the way down to a minimum of 3942 before starting to fluctuate! Currently, it has just hit the 1h MA30 moving average, and it has also just retested the upward trendline! Therefore, Hunter believes that the support at this position is valid! If it falls below this support, pay attention to the key support at 3982! Now, let's look at ETH's daily K-line. From the daily perspective, ETH has already increased in volume and formed a bullish candlestick yesterday, and the 1️⃣h bullish trend is strong, so Hunter has reason to believe that ETH will continue to fluctuate upwards to test and break through the previous high!
Let the bold get rich first, let those who act first get rich first, and to dare to be the first is a kind of wisdom.
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独领风骚必暴富
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In the trend of making money, there’s not much nonsense, send a 🧧 and let everyone grab a bit of luck together with Brother Sao! Click the quoted article in yellow text to directly enter Brother Sao's exclusive chat room on Binance! $ETH
#加密市场狂欢 suddenly received a notification from Binance's little assistant, the square can post videos now, this is amazing. Recently, short dramas on major short video platforms have become extremely popular, and short dramas mainly focus on excitement, so the crypto world is obviously the Nth power of excitement. When it comes to speed of excitement or getting rich quickly, the crypto world outperforms any other circle. The crypto world is also the easiest channel for ordinary people to make a comeback. Earlier figures like Bao Er Ye seized the opportunity in the crypto world and enjoyed the most significant dividends from its development. Now, with the integration of short videos in the square, it can be imagined that a brand new direction will be opened up. $BNB
The current market is a tale of two extremes: Bitcoin is leading the charge, while altcoins are struggling to keep up. Some tokens occasionally shine, but they are just tempting retail investors. Currently, the greed index is at 83, indicating an extreme level of greed.
Personally, I remain optimistic about Ethereum. Despite Bitcoin's significant pressure, it has still reached a new yearly high, currently above 4000. However, ETH/BTC is still below 0.038, indicating plenty of room for growth in the future. A notable observation this week is that Ethereum's turnover period has passed, and ETF inflows continue, suggesting that Wall Street money is consistently flowing in. Meanwhile, long-time investors in the crypto space have sold off a lot, so the future of Ethereum still looks promising. #ETH
After the outbreak of the pandemic in 2020, the U.S. economy rebounded quickly, while the UK, Canada, and Europe as a whole have basically been stagnant since 2023. Consequently, the performance of the U.S. stock market during this period has been stronger. One important reason is that U.S. productivity has improved. In fact, U.S. productivity experienced a significant surge during the pandemic. In contrast, Europe has not been able to recover its production efficiency since 2019. Germany, as the locomotive of Europe, is also not optimistic; not only have high energy prices hit its manufacturing sector, which is heavily reliant on it, but competition has also impacted exports. Various factors have combined to keep the European economy in a relatively weak state. In the East Country, the demographic dividend has disappeared, the real estate economy is collapsing, foreign trade is severed, local debts are high, and 800 million people have a monthly per capita income of less than 1000. Nearly 40 million people are unemployed. Economic decline and domestic contradictions are building up to explode. Capital flows where profits are to be made, destined to move towards higher returns, and this place is essentially the United States. After Trump's policy package is implemented next year, people will rush to invest in the U.S. This is an unstoppable trend. Moreover, U.S. technology continues to improve. SoftBank CEO Masayoshi Son visited the U.S. today and announced a $100 billion investment alongside President-elect Trump. This investment will focus on building artificial intelligence, aiming to create 100,000 jobs in the U.S. Artificial intelligence will certainly bring new changes to human society. Science and technology are always the primary productive forces. The stock prices of the seven major U.S. stocks continue to rise. The bull market will continue. The East Country's prophecy of the East rising and the West falling ultimately ends up being a slap in the face. Trump proposed to make America great again, with new significant moves in the digital currency field. The bull market cycle still has nearly a year to go. It is still recommended that everyone steer clear of A-shares and seize the trend train of the cryptocurrency bull market. BTC spot ETF, traditional capital continues to buy in. Cryptocurrency prices will continue to rise. Flooding will nourish even the shanzhai one day. Everyone should buy on dips and hold for appreciation. Make sure to seize this four-year cycle bull market, because in the next four years, the East Country does not know what the economy will turn into, or whether most people will even be able to afford a bun. Do you have such anxieties and worries? $BTC #BTC持续刷新高点 #BTC再创新高 #加密市场狂欢
After the outbreak of the pandemic in 2020, the U.S. economy rebounded quickly, while the UK, Canada, and Europe as a whole have basically been stagnant since 2023. Consequently, the performance of the U.S. stock market during this period has been stronger. One important reason is that U.S. productivity has improved. In fact, U.S. productivity experienced a significant surge during the pandemic. In contrast, Europe has not been able to recover its production efficiency since 2019. Germany, as the locomotive of Europe, is also not optimistic; not only have high energy prices hit its manufacturing sector, which is heavily reliant on it, but competition has also impacted exports. Various factors have combined to keep the European economy in a relatively weak state. In the East Country, the demographic dividend has disappeared, the real estate economy is collapsing, foreign trade is severed, local debts are high, and 800 million people have a monthly per capita income of less than 1000. Nearly 40 million people are unemployed. Economic decline and domestic contradictions are building up to explode. Capital flows where profits are to be made, destined to move towards higher returns, and this place is essentially the United States. After Trump's policy package is implemented next year, people will rush to invest in the U.S. This is an unstoppable trend. Moreover, U.S. technology continues to improve. SoftBank CEO Masayoshi Son visited the U.S. today and announced a $100 billion investment alongside President-elect Trump. This investment will focus on building artificial intelligence, aiming to create 100,000 jobs in the U.S. Artificial intelligence will certainly bring new changes to human society. Science and technology are always the primary productive forces. The stock prices of the seven major U.S. stocks continue to rise. The bull market will continue. The East Country's prophecy of the East rising and the West falling ultimately ends up being a slap in the face. Trump proposed to make America great again, with new significant moves in the digital currency field. The bull market cycle still has nearly a year to go. It is still recommended that everyone steer clear of A-shares and seize the trend train of the cryptocurrency bull market. BTC spot ETF, traditional capital continues to buy in. Cryptocurrency prices will continue to rise. Flooding will nourish even the shanzhai one day. Everyone should buy on dips and hold for appreciation. Make sure to seize this four-year cycle bull market, because in the next four years, the East Country does not know what the economy will turn into, or whether most people will even be able to afford a bun. Do you have such anxieties and worries? $BTC #BTC持续刷新高点 #BTC再创新高 #加密市场狂欢