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Article
Cryptocurrency market capitalization surges by 170 billion in a single day, Circle's financial report shines, and Coinbase rises strongly!The cryptocurrency industry has welcomed multiple significant positive developments in the past 24 hours. First, Terraform's liquidator accused Jane Street of using insider information to engage in preemptive trading before the Terra crash in 2022, exacerbating the market collapse. Jane Street firmly denies the accusations, stating that they are 'baseless'. Before the lawsuit was exposed, there was a bizarre phenomenon in the market for months: Bitcoin falls on time every day at the opening of the US stock market (22:00 Beijing time), referred to as the '10 o'clock sell-off'. The market generally suspects that institutions are regularly driving down prices. However, as soon as the lawsuit news broke, this ongoing '10 o'clock sell-off' phenomenon immediately came to a halt.

Cryptocurrency market capitalization surges by 170 billion in a single day, Circle's financial report shines, and Coinbase rises strongly!

The cryptocurrency industry has welcomed multiple significant positive developments in the past 24 hours.
First, Terraform's liquidator accused Jane Street of using insider information to engage in preemptive trading before the Terra crash in 2022, exacerbating the market collapse. Jane Street firmly denies the accusations, stating that they are 'baseless'.
Before the lawsuit was exposed, there was a bizarre phenomenon in the market for months:
Bitcoin falls on time every day at the opening of the US stock market (22:00 Beijing time), referred to as the '10 o'clock sell-off'.
The market generally suspects that institutions are regularly driving down prices.
However, as soon as the lawsuit news broke, this ongoing '10 o'clock sell-off' phenomenon immediately came to a halt.
Let's dive into low-risk investing, fam!
Let's dive into low-risk investing, fam!
🎙️ Current market is volatile, exploring new opportunities in the Solana ecosystem: native yield hedging protocols
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BG's preIPO #preSPAX has currently raised 160 million, with a hard cap of 1 billion. The subscription ends at 2 PM, and token distribution will occur at 6 PM, with spot trading starting at 8 PM. This kind of investment opportunity is rare and should be fully subscribed if eligible. Moreover, it doesn't really lock up capital; you can invest before 2 PM and directly sell it by 8 PM, regardless of the amount. It's definitely worth participating; not doing so would be a bit of a waste. Additionally, there are activities after the new issuance. Exclusive high interest for new issuers: Enjoy a maximum of 6% APR on USDT savings! New VIP privileges: Up to 10% APR on $USDGO investments + an additional 3% interest coupon! Tesla stock airdrop: 500 $TSLA stock tokens! The sincerity in this aspect is indeed quite substantial.
BG's preIPO #preSPAX has currently raised 160 million, with a hard cap of 1 billion. The subscription ends at 2 PM, and token distribution will occur at 6 PM, with spot trading starting at 8 PM.

This kind of investment opportunity is rare and should be fully subscribed if eligible. Moreover, it doesn't really lock up capital; you can invest before 2 PM and directly sell it by 8 PM, regardless of the amount. It's definitely worth participating; not doing so would be a bit of a waste.

Additionally, there are activities after the new issuance.

Exclusive high interest for new issuers: Enjoy a maximum of 6% APR on USDT savings!
New VIP privileges: Up to 10% APR on $USDGO investments + an additional 3% interest coupon!

Tesla stock airdrop: 500 $TSLA stock tokens!

The sincerity in this aspect is indeed quite substantial.
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Bearish
Continuous clearing market game This wave of rebound fell from around 78000 to around 74000 The densely packed short-term liquidity below has been cleared, with long orders at 75200/74800/74400 being collectively cleared last night. Now there is a considerable amount of short liquidity above 76000-78000, with the daily line around 78000 being a relatively strong resistance level. Generally, such resistance levels do not break through all at once unless the market's fundamental trends change, so a slight pullback is expected. There is also no good news on the information front. On one side, Trump is crazily releasing good news to the market, but not long after, Iran comes out to refute it. The market's sensitivity to the US-Iran war is gradually decreasing. What really led to this wave of decline is still Trump's statement last night that he would send Vance to Islamabad for a second meeting with Iran. As a result, Iran immediately jumped out to deny the talks in Islamabad, suspecting it was a cover for an attack. With no agreement and the ceasefire period ending next Tuesday, it means that fighting will resume. Additionally, there have been two hacker incidents in the primary market within a month, with losses exceeding 500 million USD. If the secondary market is pessimistic, then the primary market is in despair, and the future looks bleak. The information front is a mess, and the main market and altcoins are also taking the opportunity to stretch their legs during the ceasefire talks. Therefore, the subsequent market outlook is not optimistic; I personally lean bearish. It’s always correct to short during a bear market at highs. Finally, there are 723 days until the Bitcoin halving. I personally suggest that starting from 500 days before the halving, one should shift from a bearish inertia to a bullish inertia. History does not repeat itself, but it often rhymes. If there is another drop within the next 200 days, to a BTC starting with 5 or a spike starting with 4, this bear market will basically come to an end. If not, this bear market will be different from the past, proving that blockchain is moving towards stability. Because in the past, the last drop of a bear market would always involve a big player being sacrificed.
Continuous clearing market game

This wave of rebound fell from around 78000 to around 74000

The densely packed short-term liquidity below has been cleared, with long orders at 75200/74800/74400 being collectively cleared last night.

Now there is a considerable amount of short liquidity above 76000-78000, with the daily line around 78000 being a relatively strong resistance level. Generally, such resistance levels do not break through all at once unless the market's fundamental trends change, so a slight pullback is expected.

There is also no good news on the information front. On one side, Trump is crazily releasing good news to the market, but not long after, Iran comes out to refute it. The market's sensitivity to the US-Iran war is gradually decreasing.

What really led to this wave of decline is still Trump's statement last night that he would send Vance to Islamabad for a second meeting with Iran. As a result, Iran immediately jumped out to deny the talks in Islamabad, suspecting it was a cover for an attack.

With no agreement and the ceasefire period ending next Tuesday, it means that fighting will resume.

Additionally, there have been two hacker incidents in the primary market within a month, with losses exceeding 500 million USD. If the secondary market is pessimistic, then the primary market is in despair, and the future looks bleak.

The information front is a mess, and the main market and altcoins are also taking the opportunity to stretch their legs during the ceasefire talks.

Therefore, the subsequent market outlook is not optimistic; I personally lean bearish. It’s always correct to short during a bear market at highs.

Finally, there are 723 days until the Bitcoin halving. I personally suggest that starting from 500 days before the halving, one should shift from a bearish inertia to a bullish inertia. History does not repeat itself, but it often rhymes.

If there is another drop within the next 200 days, to a BTC starting with 5 or a spike starting with 4, this bear market will basically come to an end.

If not, this bear market will be different from the past, proving that blockchain is moving towards stability.

Because in the past, the last drop of a bear market would always involve a big player being sacrificed.
The topic and popularity ranking of Binance Square in the past 24 hours
The topic and popularity ranking of Binance Square in the past 24 hours
After the liquidity clearing around 75000, how should the market proceed? After clearing the shorts near 75000, there are no significant large orders appearing above, and no obvious long positions accumulating below. The direction of longs and shorts is not clear. Those who should have been liquidated have been, and those who should have taken profits have also exited. After breaking 75000, there were indeed large players eager to go long, and their positions were significant, but they were cleared within less than 6 hours; the liquidation point was very close. After the market broke 75000, it made a slight pullback and then easily took profits.
After the liquidity clearing around 75000, how should the market proceed?

After clearing the shorts near 75000, there are no significant large orders appearing above, and no obvious long positions accumulating below.

The direction of longs and shorts is not clear.
Those who should have been liquidated have been, and those who should have taken profits have also exited.

After breaking 75000, there were indeed large players eager to go long, and their positions were significant, but they were cleared within less than 6 hours; the liquidation point was very close. After the market broke 75000, it made a slight pullback and then easily took profits.
🎙️ Has the counterfeit season arrived? Let's chat about it!
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🎙️ The weekend market, even the retail investors are too lazy to cut their losses.
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🔔 Bitcoin Halving Daily Check-in | Day 【4】 ✅ Current Block 944,415 / Target 1,050,000 ✅ Estimated Halving Countdown: 【733】 days ✅ Today's Bitcoin Price: 【72221】 USDT ✅ Days Remaining Until Regular Investment Starts: 【233】 days 📌 Core Reminder: Halving occurs every 210,000 blocks, current block reward is 【3.125BTC】, and post-halving will further compress daily output, enhancing scarcity — Bitcoin's inflation rate has dropped to 0.782%, lower than gold mining inflation rate, long-term deflation logic remains unchanged 🌐 Invest in spot purchases 500 days before the Bitcoin halving and start quantitative selling 500 days after the halving, during other times patiently wait. Stick to daily check-ins and witness every historic node of Bitcoin, together waiting for the next cycle turning point ✨ News: 🔴 Putin Ceasefire, Trump Warning, Houthi Threat — On the same night, drums of war sound in three parts of the world 🟠 Iran continues to control the Strait of Hormuz, North Sea crude oil prices hit historic highs 🟡 US stocks closed this morning: S&P 500, Nasdaq up for 7 consecutive days, cryptocurrency concept stocks mixed 🔵 War of words escalates, OKX Star clashes again with CZ from a distance, claiming he cannot participate in public "betting" due to compliance issues 🟢 Bessenet and Powell urgently summon Wall Street CEOs, Anthropic's new model triggers financial regulatory alarms tips: Today's Fear and Greed Index rises to 17 #Bitcoin #BTC Halving Countdown #BTC {future}(BTCUSDT)
🔔 Bitcoin Halving Daily Check-in | Day 【4】

✅ Current Block 944,415 / Target 1,050,000

✅ Estimated Halving Countdown: 【733】 days

✅ Today's Bitcoin Price: 【72221】 USDT

✅ Days Remaining Until Regular Investment Starts: 【233】 days

📌 Core Reminder: Halving occurs every 210,000 blocks, current block reward is 【3.125BTC】, and post-halving will further compress daily output, enhancing scarcity — Bitcoin's inflation rate has dropped to 0.782%, lower than gold mining inflation rate, long-term deflation logic remains unchanged 🌐

Invest in spot purchases 500 days before the Bitcoin halving and start quantitative selling 500 days after the halving, during other times patiently wait.

Stick to daily check-ins and witness every historic node of Bitcoin, together waiting for the next cycle turning point ✨

News:

🔴 Putin Ceasefire, Trump Warning, Houthi Threat — On the same night, drums of war sound in three parts of the world

🟠 Iran continues to control the Strait of Hormuz, North Sea crude oil prices hit historic highs

🟡 US stocks closed this morning: S&P 500, Nasdaq up for 7 consecutive days, cryptocurrency concept stocks mixed

🔵 War of words escalates, OKX Star clashes again with CZ from a distance, claiming he cannot participate in public "betting" due to compliance issues

🟢 Bessenet and Powell urgently summon Wall Street CEOs, Anthropic's new model triggers financial regulatory alarms

tips: Today's Fear and Greed Index rises to 17

#Bitcoin #BTC Halving Countdown #BTC
🎙️ Apologies and then the contract, the contract and then liquidation
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🎙️ ETH endures countless trials and remains strong, no matter the winds from east, west, south, or north
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🔔 Bitcoin Halving Daily Check-in | Day 【3】 ✅ Current Block 944,256 / Target 1,050,000 ✅ Estimated Halving Countdown: 【734】 days ✅ Today's Bitcoin Current Price: 【70922】 USDT ✅ Days Remaining Until Regular Investment: 【234】 days 📌 Core Reminder: Every 210,000 blocks there is a halving, current block reward is 【3.125BTC】, and after the halving, the daily output will be further compressed, enhancing scarcity—Bitcoin's inflation rate has dropped to 0.782%, lower than the inflation rate of gold mining, and the long-term deflation logic remains unchanged 🌐 Invest in spot purchases 500 days before the Bitcoin halving, and start quantitative selling 500 days after the Bitcoin halving, patiently wait during other times. Stick to daily check-ins and witness every historic node of Bitcoin, let's watch for the turning point of the next cycle together ✨ News: Iran: Strait of Hormuz access interrupted, Israel violated the ceasefire agreement in Lebanon Iran's Foreign Ministry accuses the U.S. of 'prematurely abandoning' the agreement terms Federal Reserve minutes: More officials mention the possibility of interest rate hikes, decision-makers are concerned about the dual risks of the Iran war Israeli military bombards Lebanon, the Strait of Hormuz closes again, the situation escalates again on the first day of the ceasefire tips: arh investment index currently at 0.38 #Bitcoin #BTCHalvingCountdown #BTC {future}(BTCUSDT)
🔔 Bitcoin Halving Daily Check-in | Day 【3】

✅ Current Block 944,256 / Target 1,050,000

✅ Estimated Halving Countdown: 【734】 days

✅ Today's Bitcoin Current Price: 【70922】 USDT

✅ Days Remaining Until Regular Investment: 【234】 days

📌 Core Reminder: Every 210,000 blocks there is a halving, current block reward is 【3.125BTC】, and after the halving, the daily output will be further compressed, enhancing scarcity—Bitcoin's inflation rate has dropped to 0.782%, lower than the inflation rate of gold mining, and the long-term deflation logic remains unchanged 🌐

Invest in spot purchases 500 days before the Bitcoin halving, and start quantitative selling 500 days after the Bitcoin halving, patiently wait during other times.

Stick to daily check-ins and witness every historic node of Bitcoin, let's watch for the turning point of the next cycle together ✨

News:

Iran: Strait of Hormuz access interrupted, Israel violated the ceasefire agreement in Lebanon

Iran's Foreign Ministry accuses the U.S. of 'prematurely abandoning' the agreement terms

Federal Reserve minutes: More officials mention the possibility of interest rate hikes, decision-makers are concerned about the dual risks of the Iran war

Israeli military bombards Lebanon, the Strait of Hormuz closes again, the situation escalates again on the first day of the ceasefire

tips: arh investment index currently at 0.38

#Bitcoin #BTCHalvingCountdown #BTC
Celebrate the ceasefire, Binance has issued 1000 BNB red envelopes!!! Reply BNB in the comments to receive the red envelope!!!
Celebrate the ceasefire, Binance has issued 1000 BNB red envelopes!!!

Reply BNB in the comments to receive the red envelope!!!
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Bullish
🔔 Bitcoin Halving Daily Check-in | Day 【2】 ✅ Current Block 944,112 / Target 1,050,000 ✅ Estimated Halving Countdown: 【735】 days ✅ Today's Bitcoin Price: 【71950】 USDT ✅ Days Remaining Until Regular Investment Starts: 【235】 days 📌 Core Reminder: Every 210,000 blocks, halving occurs. The current block reward is 【3.125BTC】. After halving, the daily production will further decrease, enhancing scarcity—Bitcoin's inflation rate has declined to 0.782%, lower than the inflation rate of gold mining, and the long-term deflation logic remains unchanged 🌐 Invest in spot purchases for 500 days before the Bitcoin halving, and start quantitative selling 500 days after the halving; be patient during other times. Stick to daily check-ins to witness every historic milestone of Bitcoin and together wait for the next cycle turning point ✨ News: Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be paused. U.S. federal funds futures generally rise, with December contracts up 14 basis points, suggesting a rate cut space of 17 basis points this year. tips: Do you think we can still see BTC at 40,000? #Bitcoin #BTCHalvingCountdown #BTC {future}(BTCUSDT)
🔔 Bitcoin Halving Daily Check-in | Day 【2】

✅ Current Block 944,112 / Target 1,050,000

✅ Estimated Halving Countdown: 【735】 days

✅ Today's Bitcoin Price: 【71950】 USDT

✅ Days Remaining Until Regular Investment Starts: 【235】 days

📌 Core Reminder: Every 210,000 blocks, halving occurs. The current block reward is 【3.125BTC】. After halving, the daily production will further decrease, enhancing scarcity—Bitcoin's inflation rate has declined to 0.782%, lower than the inflation rate of gold mining, and the long-term deflation logic remains unchanged 🌐

Invest in spot purchases for 500 days before the Bitcoin halving, and start quantitative selling 500 days after the halving; be patient during other times.

Stick to daily check-ins to witness every historic milestone of Bitcoin and together wait for the next cycle turning point ✨

News:

Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be paused.

U.S. federal funds futures generally rise, with December contracts up 14 basis points, suggesting a rate cut space of 17 basis points this year.

tips: Do you think we can still see BTC at 40,000?

#Bitcoin #BTCHalvingCountdown #BTC
Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended. Due to this positive news, crude oil plummeted, and Bitcoin reached 72000. Last night before going to bed, I saw Trump say that the entire Iranian civilization is about to perish tonight; this is a critical moment that determines fate. As a result, looking again in the morning, it turns out that Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended. For those who can make money in such market conditions, I can only say they are extraordinary. Therefore, I have always advised everyone not to hold positions in the face of such major news; normal people think that when Trump says this, it's basically a sure thing to strike, but then waking up in the morning, it directly reversed. BTC surged from 67000 to 72000, and the large liquidity that had accumulated at 72000 was also cleared out, and it was neither too much nor too little. So if there really is a two-week ceasefire, there’s no negative news that can make Bitcoin continue to drop. The short-selling liquidity accumulated around 75000, and if there’s any slight warming, just relying on positive news for an upward surge will definitely not be enough; slowly rising to around 75000 should still be fine. Hopefully, there can be a stable rebound for two weeks; the crypto world needs a decent rebound to restore confidence. Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended. Due to this positive news, crude oil plummeted, and Bitcoin reached 72000. Last night before going to bed, I saw Trump say that the entire Iranian civilization is about to perish tonight; this is a critical moment that determines fate. As a result, looking again in the morning, it turns out that Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended. For those who can make money in such market conditions, I can only say they are extraordinary. Therefore, I have always advised everyone not to hold positions in the face of such major news; normal people think that when Trump says this, it's basically a sure thing to strike, but then waking up in the morning, it directly reversed. BTC surged from 67000 to 72000, and the large liquidity that had accumulated at 72000 was also cleared out, and it was neither too much nor too little. So if there really is a two-week ceasefire, there’s no negative news that can make Bitcoin continue to drop. The short-selling liquidity accumulated around 75000, and if there’s any slight warming, just relying on positive news for an upward surge will definitely not be enough; slowly rising to around 75000 should still be fine. Hopefully, there can be a stable rebound for two weeks; the crypto world needs a decent rebound to restore confidence. {future}(BTCUSDT)
Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended.

Due to this positive news, crude oil plummeted, and Bitcoin reached 72000.

Last night before going to bed, I saw Trump say that the entire Iranian civilization is about to perish tonight; this is a critical moment that determines fate.

As a result, looking again in the morning, it turns out that Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended.

For those who can make money in such market conditions, I can only say they are extraordinary.

Therefore, I have always advised everyone not to hold positions in the face of such major news; normal people think that when Trump says this, it's basically a sure thing to strike, but then waking up in the morning, it directly reversed.

BTC surged from 67000 to 72000, and the large liquidity that had accumulated at 72000 was also cleared out, and it was neither too much nor too little.

So if there really is a two-week ceasefire, there’s no negative news that can make Bitcoin continue to drop. The short-selling liquidity accumulated around 75000, and if there’s any slight warming, just relying on positive news for an upward surge will definitely not be enough; slowly rising to around 75000 should still be fine.

Hopefully, there can be a stable rebound for two weeks; the crypto world needs a decent rebound to restore confidence. Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended.

Due to this positive news, crude oil plummeted, and Bitcoin reached 72000.

Last night before going to bed, I saw Trump say that the entire Iranian civilization is about to perish tonight; this is a critical moment that determines fate.

As a result, looking again in the morning, it turns out that Trump agrees to a two-week ceasefire, during which bombings and attacks on Iran will be suspended.

For those who can make money in such market conditions, I can only say they are extraordinary.

Therefore, I have always advised everyone not to hold positions in the face of such major news; normal people think that when Trump says this, it's basically a sure thing to strike, but then waking up in the morning, it directly reversed.

BTC surged from 67000 to 72000, and the large liquidity that had accumulated at 72000 was also cleared out, and it was neither too much nor too little.

So if there really is a two-week ceasefire, there’s no negative news that can make Bitcoin continue to drop. The short-selling liquidity accumulated around 75000, and if there’s any slight warming, just relying on positive news for an upward surge will definitely not be enough; slowly rising to around 75000 should still be fine.

Hopefully, there can be a stable rebound for two weeks; the crypto world needs a decent rebound to restore confidence.
🔔 Bitcoin Halving Daily Check-in | Day 【1】 ✅ Current Block 944,039 / Target 1,050,000 ✅ Estimated Halving Countdown: 【736】 days ✅ Today's Bitcoin Price: 【68779】 USDT ✅ Days Remaining Until Scheduled Investment: 【236】 days 📌 Core Reminder: Halving occurs every 210,000 blocks, current block reward is 【3.125BTC】, the production will be further compressed after halving, strengthening scarcity — Bitcoin's inflation rate has dropped to 0.782%, lower than the inflation rate of gold mining, long-term deflation logic remains unchanged 🌐 Invest in the spot market 500 days before the Bitcoin halving, start quantitative selling 500 days after the Bitcoin halving, and patiently wait during other times. Persist in daily check-ins to witness every historic node of Bitcoin and collectively monitor the next cycle turning point ✨ tips: What are your long-term plans? #Bitcoin #BTCHalvingCountdown #BTC {future}(BTCUSDT)
🔔 Bitcoin Halving Daily Check-in | Day 【1】
✅ Current Block 944,039 / Target 1,050,000
✅ Estimated Halving Countdown: 【736】 days
✅ Today's Bitcoin Price: 【68779】 USDT
✅ Days Remaining Until Scheduled Investment: 【236】 days
📌 Core Reminder: Halving occurs every 210,000 blocks, current block reward is 【3.125BTC】, the production will be further compressed after halving, strengthening scarcity — Bitcoin's inflation rate has dropped to 0.782%, lower than the inflation rate of gold mining, long-term deflation logic remains unchanged 🌐
Invest in the spot market 500 days before the Bitcoin halving, start quantitative selling 500 days after the Bitcoin halving, and patiently wait during other times.
Persist in daily check-ins to witness every historic node of Bitcoin and collectively monitor the next cycle turning point ✨
tips: What are your long-term plans?
#Bitcoin #BTCHalvingCountdown #BTC
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Bullish
The short liquidation of 68000 and 70000 has reached Although there is some accumulation at 72000 above, it is far less than the position at 66000 below. There was not much movement over the weekend; it was sideways, with the U.S. stock market closed for three days, and the liquidity in the crypto circle seemed to have frozen for three days, almost forming a straight line. On Monday, influenced by the negotiations between Iran and the United States, it broke through the 70000 mark, liquidating a wave of accumulated short liquidity. However, shortly after, Iran launched a barrage of missiles at Israel, causing the market to respond with a drop, and we will see the conclusion of the negotiations today. In the face of such news, it is still not advisable to hold positions; the volatility is great, and the direction is unclear. If there is no positive stimulus to push it up to 72000 in the short term, the liquidity at 66000 is basically in the hands of the market makers. {future}(BTCUSDT)
The short liquidation of 68000 and 70000 has reached

Although there is some accumulation at 72000 above, it is far less than the position at 66000 below.

There was not much movement over the weekend; it was sideways, with the U.S. stock market closed for three days, and the liquidity in the crypto circle seemed to have frozen for three days, almost forming a straight line.

On Monday, influenced by the negotiations between Iran and the United States, it broke through the 70000 mark, liquidating a wave of accumulated short liquidity.

However, shortly after, Iran launched a barrage of missiles at Israel, causing the market to respond with a drop, and we will see the conclusion of the negotiations today.

In the face of such news, it is still not advisable to hold positions; the volatility is great, and the direction is unclear. If there is no positive stimulus to push it up to 72000 in the short term, the liquidity at 66000 is basically in the hands of the market makers.
🎙️ Although the account has lost its color, there is a rainbow in my heart
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04 h 17 m 06 s
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Newly emerged meme coin #TRU saw a surge in trading volume of +21463% in the past 24 hours. Leading the increase with a staggering performance is #TRU, the level of data is astonishing. In the past 24 hours: Price increased by 180% Trading volume increased by 21463% Contract open interest increased by 1423% Launched on 8 exchanges, with 7 exchanges pushing the perpetual contract funding rates to the maximum. TrueFi is an unsecured lending protocol driven by on-chain credit scoring, maximizing capital efficiency for borrowers and yield for lenders. The project received $20 million in investment in 2018, which already qualifies it as an ancient project in the crypto space, and the token shares are mostly unlocked, belonging to full circulation. Recently, there have been no significant news or updates from the project. In September 2024, a suspected DWF labs address received 7.5 million tokens distributed by the TrueFI project team. So to summarize: Another low liquidity small cap coin (before the surge, the contract trading volume was around 1-2M for a long time, today the trading volume is 400M) Funds concentrated in a pump (net inflow of $1.6 million in a single day, before the surge the market cap was only around 6M, now it’s 18M) Tightly controlled spot (token unlocked for full circulation) Such meme coins are advised against, as market manipulators can harvest at will. Since the bull market, every surge and drop of meme coins has been shadowed by DWF labs; when they pump it, there's no reasoning, and when they crash it, it also happens smoothly, giving you no chance to retreat. Keeping an eye on the situation and not participating is the best course of action. {future}(TRUUSDT)
Newly emerged meme coin #TRU saw a surge in trading volume of +21463% in the past 24 hours.

Leading the increase with a staggering performance is #TRU, the level of data is astonishing.

In the past 24 hours:

Price increased by 180%
Trading volume increased by 21463%
Contract open interest increased by 1423%

Launched on 8 exchanges, with 7 exchanges pushing the perpetual contract funding rates to the maximum.

TrueFi is an unsecured lending protocol driven by on-chain credit scoring, maximizing capital efficiency for borrowers and yield for lenders.

The project received $20 million in investment in 2018, which already qualifies it as an ancient project in the crypto space, and the token shares are mostly unlocked, belonging to full circulation.

Recently, there have been no significant news or updates from the project.

In September 2024, a suspected DWF labs address received 7.5 million tokens distributed by the TrueFI project team.

So to summarize:

Another low liquidity small cap coin (before the surge, the contract trading volume was around 1-2M for a long time, today the trading volume is 400M)

Funds concentrated in a pump (net inflow of $1.6 million in a single day, before the surge the market cap was only around 6M, now it’s 18M)

Tightly controlled spot (token unlocked for full circulation)

Such meme coins are advised against, as market manipulators can harvest at will.

Since the bull market, every surge and drop of meme coins has been shadowed by DWF labs; when they pump it, there's no reasoning, and when they crash it, it also happens smoothly, giving you no chance to retreat.

Keeping an eye on the situation and not participating is the best course of action.
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