Gelios Goes Public: AlphaNet Launches
& $gOS Now on Ethereum!
Gelios Goes Public: AlphaNet Launches & $gOS Now on Ethereum!
Gelios, a leading blockchain project focused on enhancing the capabilities of Bitcoin through its Layer 2 solutions, is thrilled to announce two significant developments happening today, March16, 2024.
1. Gelios Alphanet Public Version Goes Live Following rigorous development and testing phases, Gelios proudly announces the public launch of the Gelios Alphanet Public Version. This highly anticipated event kicks off on March 16th, 2024, at 13:00 UTC. Early participation in the Alphanet Public Version not only grants users valuable experience with the platform but also presents opportunities to earn rewards for their contributions. Users can participate in various activities such as: - Bridging assets between different blockchains - Effortless token transfers within the Gelios network - Deployment of smart contracts on the Gelios platform For more information on the Gelios Alphanet and how to get involved, visit: https://medium.com/@geliosofficial/gelios-alphanet-all-you-need-to-know-e95bba3678cf?responsesOpen=true&sortBy=REVERSE_CHRON 2. Gelios $gOS Token Listing on ETH! Adding to the excitement, Gelios announces the listing of its native token, $gOS, on theEthereum network! The listing will take place on Uniswap at 14:00 UTC, also on March 16th,2024. Key Details of the $gOS Listing: - Trading Pair: $gOS/ETH - Initial Supply: 210,000,000 $gOS - Initial Price: $0.0019 - Initial Market Cap: $40,000,000 - Initial Liquidity: 100 ETH
Committed to a Fair and Sustainable Launch: Strategic players and major crypto investors are recognizing Gelios' groundbreaking potential, highlighting the project's promise, and positioning Gelios for a successful future. However, Gelios prioritizes a fair and sustainable launch for the $gOS token. Here's how we achieve this: - Investor-Driven Liquidity: Only investor tokens will be used for initial liquidity provision, ensuring a decentralized start. - Preventing Market Manipulation: Tokens allocated to private investors are solely dedicated to liquidity, mitigating early dumping and market manipulation. - Controlled Token Supply: All remaining tokens will be locked within the bridge contract, guaranteeing a stable token supply and preventing inflation. - Bridging the Gap: As the bridge opens for transfers from Gelios to Ethereum, new tokens will be minted, facilitating smooth $gOS movement between networks. As announced on official Twitter, they've successfully collected investments from private investors, kicking off the Entry Key minting process today. This milestone adds momentum to gOS's listing and significantly contributes to liquidity. Join AlphaNet early to secure your spot for the airdrop and unlock exclusive benefits and rewards! Stay tuned for more exciting news, including the upcoming $gOS listing.
About Gelios! Gelios stands as the pioneering community-owned dApp layer atop the Bitcoin network, marking a monumental shift in decentralized finance (DeFi) innovation. Seamlessly operating across three major blockchain networks—Arbitrum, Ethereum (ETH), and Bitcoin—Gelios acts as a versatile "bridge," facilitating the frictionless processing and transfer of information, data, and assets. ▫️ Total Value Locked: $4,600,000+ ▫️ The active wallets connected: 109,000+ ▫️ Entry Keys Minted: 10,537+ ▫️ 874,099+ Total transactions ▫️ Ecosystem Partners: Collaborating with over 50 industry leaders For more information about Gelios, visit their website or reach out to their team at: - Website: https://www.gelios.io/ - Document: https://docs.gelios.io/ - Telegram: https://t.me/GeliosOfficial - Discord: https://discord.com/invite/DY6TGjdNbQ Youtube: https://www.youtube.com/@geliosofficial - X (Twitter): https://twitter.com/GeliosOfficial - Medium: https://geliosofficial.medium.com
America's future Vice President while rewarding holders in MAGA TRUMP
MAGA VP is an Ethereum project that was formed to become the recognized Vice President meme token of the MAGA TRUMP project. The ethos behind this project is to support the MAGA TRUMP ecosystem and is the only Vice President token actually backed by top TRUMP holders as far as we know. With the TRUMP hype starting to take off, this seems to be impeccable timing for a concept such as this.The total token supply is 50M to commemorate the upcoming 50th Vice President. 1% of the token tax goes towards TRUMP rewards for MVP holders, and another 0.25% goes towards adding to the MAGA TRUMP LP plus an additional 0.25% towards adding to the MVP LP. The team just released a dapp where holders can connect and see their TRUMP rewards balance, and so far we're seeing over $15K in in total TRUMP rewards already rewarded via the rewards distributor.What makes this project shine brighter than other TRUMP reward tokens is the fact that the founder of this token is one of the top holders of MAGA TRUMP and has organized another dozen MAGA TRUMP whales to support the cause. Additionally the team has recently donated 1% of the total supply to Donald Trumps crypto wallet and they plan on be donating another 1% to the MAGA $TRUMP project as well as an additional 1% to whoever is selected as Donald Trump's Vice President Elect. As this token is early in it's development, we see incredible potential here. This very well could be the next meme moonshot so we'll be following it closely.Email: contact@magavpcoin.comWebsite: https://www.magavpcoin.comTelegram: https://t.me/MagaVPX: https://x.com/magaVPcoinDextools: https://www.dextools.io/app/en/ether/pair-explorer/0x2b7d0cb53b9b88281578cf7f8abc0982d7f4c166?t=1707693023816PLEASE NOTE: shared Details Are For Knowledge Purpose, Investment In Crypto Is Very Volatile, Kindly Please DYOR & NFA.
It's surprising how many have turned bearish and are calling for Bitcoin cycle top, despite the price holding above all key levels and is trading only 8% below its ATH.
In bull markets, periods of sideways price action are very normal, where the price consolidates for a few months before moving higher.
Many confuse this consolidation with distribution, attempting to time the top, and end up selling too early or staying on the sidelines.
After each Bitcoin halving, we've seen similar consolidations before the price pumps higher and reaches its peak.
IMPORTANT POST WHERE DID THE 100X CRYPTO PROJECTS GO ? WHY RETAIL DON’T CARE ABOUT BIG FUNDAMENTAL PROJECTS ANY MORE ? WHY THE SENTIMENT IS SO LOW ? Simple - all These High FDV Project Launches Are now Pushing Retail Investors Away From Fundamental Projects with experienced teams. People only seem to care about memecoins now and big projects created this problem themselves. Let me explain. What is FDV? Fully diluted valuation (FDV) represents the total value of a cryptocurrency project if all its tokens were in circulation. FDV vs Market Cap The market cap shows the current value of a cryptocurrency project by multiplying the current token price by the total number of tokens in circulation. Now Crypto has become a place where you need lots of money to make more money. There are very limited 50x-100x opportunities right now where retail can make life-changing gains. VCs and new crypto projects have made it almost impossible for retail to win in this market condition. Nowadays, crypto projects are launching at such high FDV that they have very limited upside potential left. Let's see a few recent crypto launches and their FDV at the time of their launch: 1️⃣ Wormhole ➬ Launched in April with an FDV of $15B 2️⃣ EtherFi ➬ Launched in March with an FDV of $5B 3️⃣ Ethena ➬ Launched in April with an FDV of $10B Apart from them, there were other projects like SAGA, DYM, and REZ, which all launched with an FDV > $2B The only chance for retailers to make money through these protocols was through airdrops, but now it has completely become a game for the ultra-rich. Very Few big FDV projects are been successful but most have been just hanging there. But this was not always the case. In the last bull run, several crypto projects pumped 100x-1000x, and retail made a ton of money from them. Here are a few examples 1️⃣ Solana ➬ Launched in April with a market cap of just $7M and peaked in 2021 at $98B ➬ 14000x in just 18 months 2️⃣ Polygon ➬ Launched at a market cap of < $20M despite being a Binance launchpad ➬ Peaked at over $20B, an astonishing return of 1000x in just 2 years 3️⃣ Axie Infinity ➬ Launched on Binance launchpad in Nov 2020 with a market cap of $7M ➬ Peaked at $11B in 2021, a gigantic 1571x in just one year There are several other projects too, like GALA, OCEAN, and FTM, that launched at a very low market cap and gave life-changing returns. Rather than launching at $2B+ FDV, they build it to become a billion-dollar crypto. Why Is This Bad? For an AltSeason, retail influx is very important. Right now, retail is entering the crypto market, but they're not focusing on fundamental coins as they have very high FDV. If you look at the Binance top 10 coins with the most volume, 6 of them are memecoins. This shows that retail is mostly interested in memecoins right now. Reasons 👇 • Memecoins gave everyone an equal chance of participation • Memecoins usually launch at < $5M FDV • Memecoins are fun, and nowadays exchanges are also listing them very frequently Will this AltSeason be different? Just like every bull run, there'll be another AltSeason, but this time it could be a bit different. IMO, retail is going to max bid memecoins this cycle to such an extent that it has never happened before. Most fundamental tokens will not give crazy returns as they're already overvalued and retail is not interested in them. In crypto, no one wants to be an exit liquidity, and with large VCs involved, it's usually retail on whom the tokens get dumped. That's all from my side. Hit like and repost if you found this info helpful. Share your thoughts in the comments about the current crypto market dynamics