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HAEDAL
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#blockchaindeepdive BLOCKCHAIN #BinanceAcademy
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#cryptocurrencydeepdive CRYPTOCURRENCY DEEP DIVE , #BinanceAcademy
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$SUI Overall, Sui is positioned as a strong contender in the L1 blockchain space, focusing on scalability, usability, and a growing ecosystem for various decentralized applications.
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$HAEDAL #HAEDALUSDT refers to the trading pair for Haedal Protocol (HAEDAL) against Tether (USDT). Haedal Protocol is a liquid staking protocol built on the Sui blockchain. Here's a summary of the information found: What is Haedal Protocol (HAEDAL)? * Haedal Protocol is a decentralized finance (DeFi) platform on the Sui blockchain. * It focuses on liquid staking, allowing users to stake their SUI tokens to secure the blockchain and receive liquid staking tokens (LSTs) called haSUI. * haSUI tokens can then be used in other DeFi services and activities, optimizing capital use and yield potential. * Haedal also utilizes a Haedal Market Maker (HMM) model to optimize liquidity for haSUI and other assets. * HAEDAL is the native governance token of the Haedal Protocol, with a total supply of 1 billion units and a 7-year release schedule. Users can lock HAEDAL to receive veHAEDAL for governance and staking rewards. Price and Market Information (as of July 19, 2025): * The current price of HAEDAL is around $0.16 to $0.21 USDT, though it has experienced significant volatility. * Its all-time high price was approximately $0.30 USDT, and its all-time low was around $0.08 USDT. * The market cap of Haedal Protocol is currently around $32.69M - $46.92M USD, with a circulating supply of approximately 195M - 212.5M HAEDAL. * HAEDAL has seen positive price changes over the past week, month, and year, but has experienced a recent daily drop. * It is traded on various exchanges, including Bybit, KuCoin, and Bitget, and is also listed on Binance. Important Considerations: * Volatility: HAEDAL, like many cryptocurrencies, is subject to high market risk and volatility. * Scam Warnings: There have been isolated reports of scam-like activity asriskssociated with the $HAEDAL token on platforms like Binance Square, with one user claiming "scammers" stole their friend's account. This highlights the importance of caution and due diligence. * Technical Analysis: Traders are discussing various technical patterns, including inverse head and shoulders, falling
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$HAEDAL
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