IGNORE THE FUD ABOUT AIRDROP, IS $REZ COST $0.3 OR $0.42?

Binance continues to launch its 53rd Launchpool. This project is Renzo Protocol, a staking platform built on EigenLayer. Join me in reviewing the highlights and predicting the price list.

Renzo highlights:

- Built on EigenLayer, one of the most prominent platforms recently. Renzo makes it easier for users to access the EigenLayer platform and its ecosystem.

- The first highlight that I see is Cross chain staking. This helps#Renzoexpand more to the user file in Layer 2 surrounding the ETH ecosystem. If successful, this will be a big lever for the project to explode.

- The second highlight is multi-protocol. Renzo combines a variety of protocols such as Pendle, Curve, Balancer... => more liquidity.

- Renzo successfully raised $3.2M in the seed round from tier 2 funds such as: Maven 11 Capital (lead), OKX, SevenX... Most recently, February 2024#Renzocontinued to call from Binance Labs (amount undisclosed)

So how to set a reasonable price?

- With a total supply of 10B tokens, the initial circulating supply is 10.5%, meaning 1.05B tokens will be circulated to the market. To make it easiest to guess, I bring EtherFi for you to compare. EtherFi raised $32M and current cap is around $450M. Renzo raises to 3.2M, what do you think the price will be? OTC is trading at $0.37.

I will give you a few options for you to discuss.

- MC $450M (on par with EtherFi) price will be $0.42
- MC $300M price will be $0.28
- MC $200M price will be $0.19

For me, if the price is $0.42 it is expensive, a reasonable price would be $0.30 which is around $300 - $350M. The number is quite close to recent Launch projects on Binance.

So what are your views? Please share and discuss in the comments. If you find it useful, don't forget to give me a retweet.

Thank you guys for reading the article
#Renzo#REZ #binancelaunchpool

According to my observations these past few days, many Mint Runes people are still quite confused and don't understand what#Runeis, so let me explain it to you in the simplest way.

+ In terms of general users and traders, it is completely similar to BRC20 that you have experienced for the past year.

+ Technically, Rune takes advantage of the UTXO mechanism available in the Bitcoin network to store tokens to increase compatibility and not waste resources like BRC20.

+ In terms of genealogy among today's popular standards, it will look like this:

BTC

/\

Ordinals Runes

|

BRC20

It can be seen that Rune's role is on par with Ordinals, while BRC20 is a fork based on Ordinals (NFT protocol for Bitcoin).

Because BRC20 is "on the other side" on Ordinals, they cannot optimize the Bitcoin network well, so according to experts, Rune is the "biological child" of Bitcoin.

Another fact is that the father of Rune is also the father of the Ordinals protocol, which receives support from the community, so we can completely trust the origin of the Rune protocol.

Rune's success does not mean all projects on Rune are successful!

Rune is just a token standard like ERC20, BRC20,... anyone can create Rune tokens so you must research carefully before investing.

If you find it interesting, remember to retweet and bookmark it to reflect on it many times to absorb it.

#RUNES

What is the reasonable price for OMNI list, bosses? $12 or $20 or $66?

Why did I give the number $66? Please consider below
👇
Seeing that most people still do not understand what the Omni Network project does, now I will explain it to you in the simplest way.

$OMNI is a crosschain infrastructure similar to Axelar, built with the Cosmos SDK. Comparing these two projects, there are a few differences as follows:

- OMNI focuses on the L2 rollup niche, Axelar is broader including L1 and L2.

- OMNI leverages AVS on EigenLayer to increase security, while Axelar owns its own node network.

In terms of technology and products, I rate Axelar slightly better because:

- Been on Mainnet for a long time + integrated more than 50 chains.

- Wider coverage than OMNI's L2 niche.

Regarding price increase motivation:

- $ALT + $DYM -> create more L2 -> Crosschain demand is higher -> Use OMNI as crosschain gas.

- The first crosschain to take advantage of AVS -> Can benefit from EigenLayer's waves.

In terms of valuation, I think in the current context it will be difficult for $OMNI to surpass Axelar in many aspects so I will assume the following scenarios:

- Price $66: capitalization ~660m (same as Axelar)

- Price $12: capitalization ~120m (equal to Celer)

There is a fairly large gap in the crosschain segment. In this segment, I can expect#OMNIwill be the product to fill the gap in this segment.
👉
The list price I expect will be somewhere around 18-$20 (~200M cap) around the same level as some of the products on#BinanceLaunchpoolrecently.

As usual this is just my personal perspective and opinion. In your opinion, is the price I offered reasonable? Comment your opinions below to discuss together.
#OMNI#BinanceLaunchpool

Layer 1 Saga factory price prediction 10$ reason is at the end of the article 👇

A brief introduction for those who don't know, Saga is a blockchain built on the Cosmos SDK and aims to become a "blockchain production center". Blockchains released on Saga are called Chainlets, Chainlets can optionally use Cosmos SDK, Avalanche Subnets and Polygon Supernets.

In terms of ideas, Saga is quite similar to two projects that have made waves recently, $ALT and $DYM. Below I will distinguish the differences between them:

$ALT and $DYM: Produce layer 2, rent/connect sequencers to operate Layer 2.

$SAGA : Producing layer 1, SAGA itself becomes the security layer for blockchains, renting/connecting validators to operate layer 1.

Compared to the other two projects, the role of $SAGA is somewhat better because this will be an important security layer for the entire ecosystem, this is an important factor for the valuation section below.

In terms of tokens, $SAGA will be a token staked into the Security Chain to help increase the security of SAGA and all blockchains released on the platform. Therefore, we will be able to witness the story of staking $SAGA to receive airdrops from projects on Saga, which will be a long-term price increase driver.

So how should we value $SAGA ?

With an initial supply of 90,000,000 $SAGA then I can assume the following cases:
The $7 cap will be 630m on par with AltLayer
The $9 cap price will be 810m equal to DYM
The $10 cap price will be 900m, slightly higher than DYM, this is a more optimistic case that I aim for.

What price and cap do you think SAGA will have?

#SAGA #Launchpool

DeFi summer is almost here, Binance continues to run Launchpool 50 called #Ethena

After a period of focusing on GameFi and Restaking ETHFI projects, this time Binance diversifies its portfolio with a decentralized stablecoin project called#Ethena(ENA)

Join Farm Ethena (ENA) within 3 days, starting from 07:00 March 30 ENA list: Will be announced at 15:00 April 2 Vietnam time.

Some information about Ethena:

About the ETHena Labs project, this is a decentralized stablecoin protocol built on the Ethereum platform. The goal is to provide a stablecoin solution that does not rely on the traditional banking system, while also including a USD saving tool called Internet Bond.

ETHena's stablecoin USDe uses a delta hedging strategy that is fully transparent and can be automated across various DeFi applications. This makes USDe a safe and effective stablecoin option in the DeFi space.

The project raised a $6.5M seed round in 2023 and raised an additional $14M strategic round in 2024. Raising the project's valuation to $300M.

The project has a powerful backer system such as: Binance Labs, PayPal, Gemini, Deribit, Bybit, OKX, Delphi Digital......

Launchpool ENA information and how to participate:

To participate in Farm $ENA , you need to stake BNB and FDUSD.

- Token name: ETHena (ENA)

- Total Token Supply: 15,000,000,000 $ENA

- Launch Token reward: 300,000,000 ENA (equivalent to 2% of total supply)

- Total Initial Circulating Supply: 1,425,000,000 ENA (accounting for 9.5% of total supply)

Staking conditions: KYC required

Information to you guys.

#ETHENALAUNCHPOOL

I still continue to buy more $PIXEL $STRK

How about you? Comment on potential projects you are holding 👇

What should I buy at this time? "Good price" time

The market is in a state of correction. So what are your views? From my perspective, it is clear that adjustment is necessary. Because we have had more than 6 months of excitement and adjustment is very normal.

In my opinion, this is still the foot of a big wave. And this is also the time to start gradually importing goods at good prices. In this article, I will suggest projects that you need to pay attention to in the near future.

1. AI: $FET $AGIX $OCEAN $PAAL $AKRM $TRAC $WLD

2. DEPIN: $ICP $FIL $TAO $RNDR $THETA $AR $STORJ

3. LAYER 2: $OP $STRK $METIS $MANTA

4. RWA: $ONDO $CFG $CTC $GFI

5. MEME: $PEPE $BOME $AIDOGE

6. BRC 20: $SAVM $BMV $1CAT $MUBI

7. GAMEFI: $PIXEL $SHRAP

8. SOCIALFI: $CYBER $ID $HOOK $EDU

Note: This article is my personal opinion.

Project portal 47 launchpool on Binance

Binance recently listed a lot of projects serving gamefi, almost all the pieces of the big picture have been completed.

On February 19, the @Portalcoin project will launch on #Binance  promising to achieve great success like other projects under the guarantee of binance launchpad/launchpool projects. Below is my personal opinion about #PORTAL

👉 Portal is a Web3 gaming platform similar to Valve Corporation's Steam, developed to help gamers interact with blockchain gaming more easily. Simply put, $Portal makes gaming more accessible in the web3 world.

👉 $PORTAL price prediction

- Total supply: 1B
- Lauchpool: 5% (50M tokens)
- Initial circulating supply: 16.71% (167,134,615 tokens)
- Recent binance launchpool projects are all around 300M

Based on that, I think a reasonable valuation would be around 2-2.5$ corresponding to a marketcap of around 350-370M. To further consolidate the OTC price $portal is also around $2 recently the OTC price is very close to the listing price like $STRK $PIXEL

=> So if the listing Cap is less than 300M, you can consider joining the line to make a profit.
#Coin79#Binance  #PORTAL

Have we missed the wave yet?

Currently BTC has increased to more than 50K and many people have started to be "hot" because there is no goods or they have cashed in the previous period. At this stage, it's uncomfortable, guys. When you get in, you're afraid of swinging to the top, but if you stand outside, you're afraid of missing the wave.

What stage are we in?

I see them standing at the base of a super cycle. When everything was quite clear. Let's review the reasons to support my point of view.

- BitcoinETF has been approved, this is probably a big motivation for us to have a super cycle season. Previously, BTC or Crypto was like a separate world, but when BitcoinETF was approved, the story was different. We will witness a massive influx of money from traditional investors through ETF funds.

- New Narratives are also gradually being clearly formed. These include L2, AI, GameFi, BRC20, RWA... Although the stories have been told, everything is still the first stage of a big wave.

- Halving is getting closer and closer and this is also a big driving force to promote a "super cycle" wave.

So have we missed the wave yet?

In my opinion we still have a chance. The market has had a very strong growth phase, but most of the money has flowed into BTC. This shows that the large cash flow comes from available funds from ETFs, not retail => there has not been an altcoin season yet.

So when will the market explode?

- Cheap money is the first factor when the FED decides to reduce interest rates.
- After halving we will have more great motivation to push.
- Inflows from other altcoinETFs are not just BTC.

That is my personal opinion.

Thank you guys!
#Coin79#BitcoinETF #BTC

#DailyUpdate Market commentary and trading plan on December 14

1. I currently see BTC like this, the biggest wave will be ABC, currently wave A is created by wave 12345, wave B is created by wave ABC (as shown).

2. Whether the starting point of big wave C is UTAD or not, we still have to wait for the market to answer.

3. Current Bias will be#Short#BTC, however we need bearish confirmation here.

Still like the above plan, we need to fill the CME GAP so what we need to do now is wait for confirmation from the Market and short BTC. Everyone follow the channel so the team can update the earliest and fastest information about#BTCas well as #Alts.

#Marketoverview December 1

Market capitalization remains stable, trending on coinmarketcap focuses on the LUNA system, trending marketcap as well as an index we need to pay attention to.

Usually when the price increases fomo reaches its peak, the number of visitors learning about the new project begins to increase, which is an early signal that the price increase is about to end at wave 5.

Or being searched continuously for many days shows that the project has strong fomo and this phenomenon appears in wave 3.

Information to everyone.

BINANCE IS BUILDING ABSOLUTE TRUST

In the volatile world of cryptocurrency, trust and financial stability are vital. Binance, the world's largest cryptocurrency exchange by volume, stands out for its solid approach to protecting user assets. This article will dive into how Binance built a system designed to last, ensuring each user's assets are secured 1:1, and highlight its debt-free approach to financial management. Surname.

1:1 User Financing Guaranteed
Binance has implemented a comprehensive proof-of-reserve system, ensuring that all user assets are secured 1:1. This means that for every unit of cryptocurrency held in a user's account, there is an equivalent amount held by Binance. This system is further bolstered by the Secure Assets Fund for Users (SAFU), an emergency fund established to protect user assets in extreme situations.

- Reserve proof system to protect assets
- The role of the Safe Asset Fund for Users (SAFU)
- Build user trust through transparent financial practices

Binance Proof of Reserves of Crypto Assets: https://www.binance.com/en/proof-of-reserves

Maintain a debt-free capital structure:
Binance's commitment to a debt-free capital structure is a testament to their prudence and financial stability. Debt-free operations ensure that Binance can withstand market fluctuations and global economic downturns, providing a secure platform for users. This approach also reflects Binance's responsible financial management, setting a high standard in the cryptocurrency trading industry.

Refer to the interview with new Binance CEO Richard Teng on Finchannel to better understand securing assets for users: https://finchannel.com/your-assets-are-protected/117713/tech-2/2023 /11

- Benefits of a debt-free financial model
- Binance's resilience to market fluctuations
- Set industry standards for financial management

Thank you for reading this article.

#JUST IN

The SEC is looking for evidence that Binance and CZ have a back door to control assets on Binance US.

Mr. Bang gets punched every year and gets over it. Hopefully this time too.

What do you guys think about this big fud?

📊📈#Trading#BTC

BTC is still following this scenario with no new developments

Today's overview has a slight decrease in capitalization but trading volume is still maintained

Hot tokens are mainly LUNA LUNC and USTC systems after the news of USTC version 2.0

Economic Calendar and Token Unlocks This Week

Coin79 is the leading source of information on important events and token unlock information.

Amid market engagement this week, 1inch unlocked a whopping 98 million tokens, equivalent to $34 million. At the same time, AcalaNetwork also realized a significant amount of unlocking, reaching $42 million.

Besides, don't forget to follow important macroeconomic indicators such as GDP and PCE (Consumer Price Index), along with other important speeches.

Please join Coin79 to continue following important information and sharing your personal views on this week's events.

🙏 Thank you everyone for following. Don't forget to like and comment your personal opinion below.

#Bitcoin. #crypto #news #newscrypto

Some basic information about @Ronin_Network

As for @Ronin_Network, my team called from a fairly low price range, at the same time as IMX. However, I am still hoping for a GameFi boom at the end of the year and then #RON will fly strong.

@Ronin_Network was born in 2021 as an Ethereum sidechain, designed specifically to serve Axie Infinity. The difference between Ronin and Ethereum is faster transaction speed, cheaper gas fees, and better scalability.

However, after a hacker attack stole hundreds of millions of dollars in August 2022, Ronin decided to operate independently as a layer 1 blockchain. This allows Ronin to have its own token (RON). ), independent consensus system (PoS) as well as compatibility with many other decentralized applications, not just Axie Infinity.

Currently, Ronin is still focused on developing and securing Axie's replacement. However, as an independent platform, Ronin is gradually expanding its scale to be able to support thousands of decentralized applications in the future such as other blockchain games, NFTs, DeFi...

Currently, Ronin only supports about 30 small-scale projects. However, this number is expected to grow strongly in the near future thanks to the development of technology.

In addition to receiving great support from investment funds, Ronin also has a large and quality community.

Overall, with strong efforts after the hacking incident and the technological transition, Ronin promises to become one of the most potential blockchain platforms in the field of gamefi and metaverse.

Hopefully next time #RON will explode with the GameFi waves.

#BNB UPDATE November 27

It seems like the negative news from CZ is still continuing and this is being reflected directly in the price of BNB

Currently in terms of ptkt, BNB has broken the accumulation triangle to continue the downtrend, the price line below the ema lines further shows that.

That shows that the BNB price will continue to decrease and in the immediate future it will reach the 210 area and if this support area does not hold, the BNB price may return to 190.

📊📈#Trading#BTC
Once again, I would like to share with you that $BTC has entered the Overbought zone in the Weekly frame and the times it entered this zone in the past there was always a correction, this is necessary.

Furthermore, prices continuously diverge in multiple frames. The price has touched the 38k5 area like the previous Plan and decreased strongly by 1k. I am inclined that the price will continue to look for the border below 36k6 and maybe even break the border to find the 34k5 area.

When the price returns to this area, I will continue DCA Altcoin. As for the Altcoins that have low profits at present, I will close down the volume so that I can DCA in a good area.
This is not a good area to buy HOLD or DCA.
Detailed analysis of the week will be posted tomorrow.
Information to you👍

The Crypto market has just faced quite negative events of CZ and Binance and outside there are many rumors of a collapse similar to the event of FTX exchange. To talk about legal standards, I think Binance is still the company that does the best. Below is the information I have compiled about Binance and their journey in the past through which we can strengthen our trust in the future.

Binance was founded in 2017 by Changpeng Zhao (CZ), and within just a few years, it has become one of the largest cryptocurrency exchanges in the world. This rapid development can be attributed to several factors:

1. Technological Innovation: Binance is always at the forefront of applying new technology, from improving its trading platform to implementing advanced blockchain solutions.

2. International Expansion: Binance is constantly expanding its business globally, with the establishment of offices and cooperation with partners around the world.

3. Diverse Services: This exchange offers a wide range of products and services, from cryptocurrency trading to more complex financial services such as staking and margin trading.

Binance Policies Compliance Program

A highlight of Binance's growth is its focus on building and maintaining a robust compliance program. This not only helps them minimize legal risks but also increases trust from users and regulatory agencies.

1. AML/KYC Compliance: Binance has implemented a strict KYC/AML (Anti-Money Laundering/Customer Control) system, ensuring that they comply with global financial regulations.

2. Cooperation with Regulators: Binance continuously seeks cooperation with regulators around the world to ensure they operate within the legal framework.

3. Invest in Security and Privacy: Binance places a high priority on protecting users' data and assets, applying advanced security measures.

4. Education and Transparency: Binance also focuses on educating its users about financial safety and transparency in trading activities.

Have you received the email from#MtGoxcreditors? MtGox is planning to repay debt from this period until 2024. The amount of BTC expected to be paid in this period is expected to be about 142K.

What do you guys think about this news? Will that amount of BTC be released into the market?
#MtGox#Bitcoin #Cryptonews