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Mothpeople-web3
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SL-Reminder 9:
Trying to trade without setting any
#stoploss
means you're getting dragged down to hell once the chart swings the other way.
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What are they used for? – Part 4 1. Trust Wallet $TWT – Wallet Utility - Used in Trust Wallet for governance, discounts, and access to certain features. 2. ApeCoin $APE – Digital Collectibles - Used in the APE ecosystem for NFT purchases, games, and metaverse activities. 3. Chiliz $CHZ – Fan Engagement - Used on platforms like Socios to let fans vote on team decisions and access exclusive perks. What other use cases do you know of these tokens? Share what you know and let’s #LearnTogether
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What are they used for? – Part 3 1. Solana $SOL – Decentralized Apps - Used to build fast, low-cost blockchain apps and NFTs on the Solana network. 2. Shiba Inu $SHIB – Meme Token - Started as a meme, now used in online tipping, DeFi, and Shiba ecosystem projects. 3. $XRP – International Transfers - Used by banks and fintech firms to send money across borders quickly and cheaply. What other use cases do you know? Share what you know and let’s #LearnTogether
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SL-Reminder 8: Setting up leveraged trades from the top without setting a #stoploss is going to feel like bungee jumping without a rope.
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My Crypto Learning Journey #16 – Avalanche ( $AVAX ) Avalanche is a fast, smart-contract blockchain built for speed, low fees, and energy efficiency. It uses a unique setup of three focused chains (X-Chain, C-Chain, P-Chain) that work together to keep things running smoothly. A key feature is its Subnet architecture, allowing developers and institutions to launch custom blockchains tailored to specific needs. Key Facts: - Token: AVAX (native token) - Max supply (capped): ~720 million AVAX - Circulating supply (mid‑2025): ~422 million AVAX - Launch year: 2020, by Ava Labs What You Can Do with AVAX: - Pay for transactions (gas fees) - Stake AVAX to secure the network and earn rewards - Vote on proposals affecting the Avalanche ecosystem - Use subnets—institutional or gaming applications Real-World Uses: - Popular for DeFi (like Trader Joe, Benqi) and NFT platforms - Institutions use subnets for tokenized assets, and digital IDs - Avalanche is gaining traction in gaming and public infrastructure Real-World Analogy: Imagine Avalanche as a high-speed train network with custom lines (subnets) for different needs. AVAX is the ticket which is used to ride, help run the lines (stake), and shape where new tracks are built (governance). #Write2Earn #AvalancheAVAX
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What are they used for? – Part 2 1. Binance Coin $BNB – Transaction Fee Savings Used on Binance to get discounts on trading fees and access platform benefits. 2. USD Coin $USDC – Digital Dollars Used by businesses and individuals for payments, payroll, and savings — with 1:1 backing in USD. 3. Polygon $POL – Scaling Solutions Used across Polygon’s ecosystem for powering blockchain games and low-cost transactions. What other use cases do you know? Share what you know and let’s #LearnTogether
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