Welcome to Episode 5 of Firo bi-weekly update, brimming with exciting developments

Revamped Tokenomics :
$FIRO has overhauled its coin distribution strategy, ensuring that miners and validators have continuous incentives, thereby maintaining a robust and dynamic network.

Boosting Liquidity : A new initiative is underway to enhance Firo trading experience, promising smoother transactions and potentially better prices for traders.

Spark Assets on the Rise : Firo privacy technology, Spark, now extends beyond transaction anonymity to safeguarding your assets, ensuring they remain discreet.

Campfire Wallet Enhancements : The Campfire Wallet has received significant upgrades, making it more user-friendly, secure, and packed with features to protect your crypto privacy.

Future of Firo : Explore the latest innovations from Firo’s labs, including new technologies and community projects, all designed to redefine privacy in the crypto space.

@Firo $FIRO #privacy

Easily acquire $FIRO on these platforms :

Fiat Exchanges :
Digitalexchange.id, Fiatom, Guardian, Indodax, Kriptomat, Satang.

Crypto Exchanges :
Binance, CoinEx, Huobi, Gate.io

Swap Services :
SimpleSwap, ChangeNOW, Changelly, Swapzone

#Privacy @Firo $FIRO

🚀 #Monerotopia 2024 is coming to the lively Roma district in Mexico City from November 14th to 17th ! 🎉 #FIRO @Firo $FIRO

This premier event is dedicated to exploring and celebrating privacy technologies and digital currencies. It’s a unique opportunity to not only learn about these innovations but also to see them in action! 💸

Join us for an exciting lineup of speakers, hands-on workshops, a hackathon, a Monero marketplace, and live music performances.

Exclusive Offer: Use the promo code “firo24” to enjoy a 10% discount on your tickets. 🌐

Don’t wait—secure your spot today at monerotopia.com !

Embracing the Future with $FIRO

With $FIRO gaining traction, now is an excellent opportunity to explore this innovative cryptocurrency.

Firo champions the cause of private transactions, staying true to the original vision of cryptocurrency as a decentralized and uncensorable financial system.

Unlike many cryptocurrencies that prioritize market value, #Firo remains steadfast in safeguarding our financial privacy.

The idea of a cryptocurrency becoming widely accepted seems unlikely if transaction histories are easily accessible, essentially turning them into bank statements.

Discover FiroDEX : The revolutionary decentralized exchange for confidentiality. $FIRO @Firo $FIRO #Binance

We're delighted to introduce you to FiroDEX, an innovative decentralized exchange platform that uses atomic swap technology to enable secure, trustless exchanges. With FiroDEX, you can exchange native FIRO for FIRO-BEP20 smoothly and efficiently.

What is Firo-BEP20 ?

Firo-BEP20 is a tokenized version of FIRO on the Binance Smart Chain (BSC). This enables FIRO users to participate in the BSC ecosystem, including decentralized exchanges such as PancakeSwap, and to use FIRO in various decentralized applications (dApps).

Why choose FiroDEX ?

Privacy and security : Firo is renowned for its strong privacy features, ensuring that your transactions remain anonymous and secure. FiroDEX is non-custodial, which means you always retain full control of your keys and funds. There are no KYC requirements and no geographical restrictions.

Atomic swaps :
Atomic swaps enable trustless inter-chain exchanges, ensuring that your transactions are secure and censorship-resistant. This technology enables assets to be exchanged directly between different blockchains without intermediaries.

Liquidity and efficiency :

FiroDEX uses an order book system, offering greater liquidity control and capital efficiency than automated market makers.

How do I trade FIRO for FIRO-BEP20 ?

Via FiroDEX :

Connect your BSC-compatible wallet to FiroDEX and follow the instructions to exchange your native FIRO for FIRO-BEP20.

Via Binance Exchange :
If you have a Binance account, you can also convert your FIRO to FIRO-BEP20 using the withdrawal function to the Binance Smart Chain.

Join us on FiroDEX and discover a new era of decentralized exchanges, where confidentiality, security and efficiency are at the heart of every transaction.For more information, visit the official Firo website : FiroDEX..

Dive into the secure world of #Campfire , the @Firo $FIRO wallet that ignites privacy. With Spark, your privacy is at the heart of our concerns. The Tor network adds an extra layer of anonymity, while the open source code guarantees the system's transparency and reliability. Forget prying eyes, Campfire offers you a space where your transactions are protected like a treasure.

#PrivacyProtection

FIRO : A Privacy Coin on the Rise

Market Analysis :

@Firo $FIRO the privacy-focused cryptocurrency, is demonstrating a positive trend. Currently trading at $1.10, the token has experienced a 2.80% increase in the past 24 hours. This surge, coupled with a healthy trading volume of 365,240 FIRO, suggests growing investor interest.Technical indicators are also pointing towards a potential uptrend. The 7 day Moving Average MA(7) has recently crossed above the 1 day Moving Average MA(1), indicating a bullish sentiment. For new investors, this could be a favorable entry point.

The Case for $FIRO : FIRO unique privacy technology, Lelantus Spark, positions it as a leader in the privacy coin space. As concerns about data privacy and surveillance grow, the demand for cryptocurrencies that prioritize user anonymity is increasing. FIRO's innovative approach could make it a valuable asset in the future.FIRO recent price action and positive technical indicators suggest that it may be a promising investment opportunity. With its strong privacy features and growing market relevance, #Firo could continue to gain traction in the cryptocurrency landscape.

$FIRO is a cryptocurrency project with significant growth potential. It currently has a market capitalization of $15.72 million and a maximum supply of 21.4 million coins. Ranked No. 843 in the market, its current price is substantially lower than its all-time high (ATH) of $169.99, indicating considerable room for appreciation.Since its inception in 2016, Firo has been at the forefront of innovations in transaction privacy. The project is dedicated to enhancing privacy features in digital finance, making it a key player in the privacy-focused cryptocurrency space. #Firo @Firo $FIRO

$FIRO is a cryptocurrency dedicated to maintaining user privacy. It leverages Lelantus technology, which enables completely anonymous transactions by concealing both the origins and amounts involved. @Firo

This advanced protocol ensures that financial activities remain confidential and secure, addressing the growing need for privacy in the digital era. By using $$FIRO FIRO, users can confidently conduct transactions without the risk of their financial information being exposed.

Why Choose $FIRO ?

$FIRO stands out in the cryptocurrency world due to its cutting-edge privacy features, such as Lelantus, which guarantee complete transaction anonymity. It provides robust security measures to safeguard your assets from potential threats and offers user-friendly wallets suitable for both novices and seasoned users. With a capped supply of 21.4 million coins, $FIRO offers a unique chance for substantial price growth as demand increases. Despite its current ranking, FIRO has a solid history and significant growth potential. Embrace the privacy revolution and secure your financial future with $FIRO ! #privacy #firo #security

December 18th Summary

🇷🇺 The EU has banned Russian citizens from owning businesses and holding senior positions in companies offering cryptocurrency services.

🪙 Solana Saga smartphones are selling for $1,500 to $5,000 on eBay.

💸 Lawyers billed FTX $118.1 million for 92 days of work, or $1.3 million per day or $53,000 per hour.

💸 A trader turned $226,000$ into $1.69 million in 5 days, buying 19.86 million WIF between December 13th and December 15th at an average price of $0.01137.

🔍 Google is missing a lot of phishing ads.

👀 An analyst noticed that auditor CertiK's website has a malicious link embedded in its Discord widget.

✅ Salvador, a “volcanic” debt. The small Central American country is preparing to issue its first bonds redeemable in bitcoins. The “Volcano Bonds” will be available for subscription on Bitfinex Securities in early 2024, according to Coindesk.
Objective: raise $1 billion to build a “Bitcoin City👌🔥

✅ In China, identity will be (de)centralized. The Ministry of Public Security is launching RealDID, an on-chain project to verify the real digital identities of the country's 1.4 billion inhabitants. In short, they will connect to websites anonymously using decentralized identity addresses (DID) and private keys.

📈 The average transaction fee on#Bitcoinsis currently $37.22.

It was $28.56 yesterday.

The average transaction fee has increased significantly due to network congestion caused by Ordinals.

For comparison, these fees reached up to $60 during the cryptocurrency boom in 2017.

🗞️ Ycharts

🥶 Aragon DAO, end clap. Established in 2017 to help other DAOs create themselves, Aragon DAO will not have survived a complex governance conflict. As a reminder, the controversy began when the Aragon Association announced its intention to dissolve and terminate the ANT token, without first consulting the Aragon DAO community.

🤣🤣
SafeMoon (SFM), not so safe. The company has just filed for bankruptcy in Utah. Filing for Chapter 7 bankruptcy typically involves liquidating assets to repay creditors. CEO John Karony and developer Thomas Smith were arrested in November, accused of defrauding customers for more than $200 million.

FTX, the tax authorities threaten to ruin creditors. While the bankruptcy administrators had recovered $7 billion in various assets, the Internal Revenue Service (IRS) is demanding $24 billion in unpaid taxes in an ongoing audit. Problem: the taxpayer's claims have absolute priority over creditors and investors...

✅ Justin Sun, the speech does not convince. The controversial founder of Tron and the crypto exchanges Poloniex and HTX wanted to be reassuring. The two exchanges suffered several hacks and lost $200 million in November. A Bloomberg article draws up a (very) alarming observation of HTX's reserves, weighed down by more than 258 million customer withdrawals.

What will happen in 2024 in the world of cryptos?

1- The Bitcoin Spot ETF in January 2024

2-February: the arrival of the Ethereum ETF

3-Bitcoin Halving in April 2024

4-The introduction of MiCA: the harmonization of crypto practices

🙊 tokenization

🗞️ 📲 Saga phone sales by solana mobile increased 10x after a user discovered that $BONK was linked to the Saga NFT Pass!

Indeed, it is possible to claim 30 million $BONK (~$860 approximately at present) after downloading an application via the SAGA mobile.

The phone costs $599.