$XNY The XNY$ currency is considered one of the emerging digital currencies that appeared within the coddata projects aimed at developing smart solutions in Web3. XNY aims to provide faster transactions and lower fees with strong support for developers. The project is working on building an ecosystem that combines security and ease of use, giving the currency a chance to grow if it continues to implement its roadmap. Despite its novelty, XNY attracts the attention of investors looking for new projects with future potential.
$BAS There is still a distribution of Binance Web 3 wallet posters I don't think there will be a rise until after the distribution There might be selling pressure
$BAS It was a failed choice the day I placed my trust in this currency Unfortunately, there is no correction for this failure except the rise of this currency or completely forgetting the matter.
On-Chain trading provides high transparency and ease of transferring assets without intermediaries, but it also carries several risks that must be heeded. One of the most significant of these risks is **network congestion**, which can lead to increased transaction fees and delays in confirmations, potentially resulting in losses when trying to enter or exit a trade quickly.
There are also risks associated with **smart contract errors**; a tiny vulnerability in a decentralized trading platform’s contract can lead to a total loss of funds. Additionally, **frauds and fake tokens** are a recurring danger, especially when dealing with new tokens like **BAS$** or projects whose contracts have not been audited.
**Price slippage** also poses a problem in on-chain trading, particularly in low liquidity currencies, where the actual price at execution can differ significantly from the expected price. And we must not forget the risks of **private keys**; losing them or having them stolen can lead to permanent loss of assets.
Therefore, traders are always advised to verify smart contracts, use secure wallets, avoid trading in untrustworthy projects, and conduct the necessary research before dealing with any on-chain asset.
$BAS Some things cannot be removed or abandoned. This currency has consumed 95% of the funds since purchase until now. There is no point in selling as the 5% has no value.
$BAY It has a competition and a distribution of a reward The usual thing is that it will rise two days before the end of the competition and then drop immediately after the competition ends Sometimes things happen differently, but this is the norm.