3 Token Unlocks to Watch in April (Summary)
April will see major token unlocks for PRCL, DBR, and SCR, potentially impacting market dynamics and price action.
Parcl (PRCL)
• Unlock Date: April 16
• Tokens Unlocked: 161.7M (16.2% of total supply)
• Use: Decentralized platform for trading real estate price movements.
• Impact: $15.56M worth of tokens to be released, mostly for early supporters and contributors. Price is down 33% in 30 days.
deBridge (DBR)
• Unlock Date: April 17
• Tokens Unlocked: 1.11B (11.1% of total supply)
• Use: Cross-chain protocol for asset/data transfer between blockchains.
• Impact: $32.19M in tokens nearly doubling supply. Allocated to contributors, partners, and ecosystem. DBR is up 38% in the past month.
Scroll (SCR)
• Unlock Date: April 22
• Tokens Unlocked: 40M (4% of total supply)
• Use: Layer 2 zkRollup solution for Ethereum scalability.
• Impact: $11.52M worth allocated for airdrops. Price down 46% in 30 days, with reduced market cap.
These unlocks are worth monitoring due to their potential impact on supply and short-term volatility.
$PEPE Trading Skills or Luck ?
Crypto trader turns $2K PEPE into $43M, sells for $10M profit.
A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value.
The trader made an over 4,700-fold return on investment on the popular frog-themed Pepe $0.000007046.
“This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T #PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x),
#Write2Earn #tradingtechnique #cryptomeme #pi $ETH
Fervor for Stablecoins Shakes Up the Blockchain Industry, Upsets Global Power Balance
Stablecoins, digital representations of traditional currencies like the dollar and euro, are shaking up the blockchain industry and geopolitical order. Unlike other cryptocurrencies, stablecoins offer stability and are increasingly used by traders as a safe haven during bear markets.
Despite a drop in the total crypto market cap in Q1, the industry continues to grow with the introduction of five new stablecoins: Fidelity's corporate stablecoin, Trump-backed WLFI's USD1, Wyoming's state stablecoin, Texas Vantage Bank's Avit, and Bitso's MXNB. Fidelity's entry and the institutional adoption of cryptocurrency notably disrupts the traditional state of affairs.
Wyoming's state stablecoin is the first government-issued stablecoin in the U.S., and Bitso's MXNB addresses challenges with cross-border payments and bank fraud.
$BTC Hyperliquid is catching heat after axing JELLY perpetuals, igniting “FTX 2.0” panic!
The HYPE token took a nosedive following the delisting, triggered by shady market moves, drawing ire from users and a sharp rebuke from Bitget’s CEO, who slammed it as “unethical and immature.”
Even with pledges to compensate affected traders, doubts about centralization and murky decision-making have rattled confidence. HYPE’s still reeling, down over 50% from its all-time high.
Is Hyperliquid’s damage control enough to rebuild trust, or are we watching a deeper unraveling? What’s your take on this mess?
#jelly #wendy
{future}(BTCUSDT)
#NavigatingAlpha2.0
The future of trading is evolving, and **#NavigatingAlpha2.0** is at the center of it all! As markets shift and new strategies emerge, staying ahead requires adaptability and innovation. Whether you’re into algorithmic trading, DeFi, or traditional market analysis, mastering the next wave of financial tools is crucial. With Alpha 2.0, traders have access to better insights, enhanced strategies, and smarter decision-making tools. How will you navigate this new era of trading? The journey to Alpha 2.0 is just beginning, and those who embrace it early will lead the way!
#NavigatingAlpha2.0
In the future, might BinanceSquare become the Web3 equivalent of Twitter ?
Social media platforms are also seeing transformations in the fast-paced world of cryptocurrency. Among the several social media platforms that Binance offers, BinanceSquare stands out as an active hub for the cryptocurrency community. However, is it possible for BinanceSquare to eventually become Web3's Twitter?
One of BinanceSquare's main tenets is that it will facilitate decentralized content creation and community interaction in the cryptocurrency industry. It might compete with Twitter and other large social media sites in this space. But BinanceSquare stands out from the crowd because to its blockchain-based ecosystem and decentralized structure, which set it apart from the conventional social network.
Twitter is great for sharing quick thoughts and links, while BinanceSquare is more suited to in-depth articles, analysis, and crypto news. It is also well-known that tokenization technologies that let users profit from their material are constantly evolving. By offering incentives to content producers, this technique has the potential to enhance the platform's appeal.
A community-centric framework is essential in the Web3 era, as users perform dual roles as information consumers and creators. An important step towards BinanceSquare being the Twitter of Web3 would be its community-centered character and an interface that lets users openly express their ideas. To get there, however, it needs to keep its focus on decentralization and work to enhance the user experience all the time.
Ultimately, BinanceSquare aims to become a top social media platform in the Web3 age by empowering its community and encouraging user involvement.
#BinanceSquare #Twitter #Web3
The 20 Millionth $BTC Bitcoin Has Yet to Be Mined!
Over the weekend, Bitbo mistakenly displayed a milestone of 20 million BTC mined, but this was inaccurate.
✅ Jameson Lopp clarified that Bitbo relies on proprietary calculations rather than full node data.
📊 In reality, around 19.84 million BTC are currently in circulation, with the true 20 millionth Bitcoin still about a year away.
⛏️ With just 1.15 million BTC left to mine, the network is entering its final phase before reaching full supply.
Fresh Whale Bought an Insane Amount of This Altcoin, Put It in His Cold Wallet.
According to cryptocurrency onchain data, a massive cryptocurrency whale withdrew a large amount of altcoins from the Kraken exchange today.
Onchain data spotted by blockchain tracking firm Onchain Lens has revealed that a newly created cryptocurrency address recently withdrew 1.77 million Solana ($SOL ) coins, or approximately $223 million worth of SOL, via Kraken.
The fresh whale then staked all of these coins.
Based on current staking reward rates, assuming the SOL price remains constant at current levels, if this whale stakes all of his coins for a year, he will earn approximately $17 million at the end of the year. This is valid for the native staking model.
If he uses liquid retaking models, this whale could earn a SOL reward worth $23 million at the end of a year with the same assumptions.
At the time of writing, Solana is trading at $124, approximately 36% lower than last year. In other words, despite these staking rewards, there is a possibility that the crypto whale will lose money in dollar terms after staking.
$SOL
{spot}(SOLUSDT)
#Write2Earn
🚀 Bitcoin's role is evolving! BTCFi, a fusion of Bitcoin and DeFi, is gaining traction, with its value surging from $800M to $6.5B in late 2024. Institutional interest is rising, and by 2030, 2.3% of Bitcoin's supply could be active in DeFi.
🔍 BTCFi leverages Bitcoin L2 solutions, enhancing scalability and transaction efficiency. This innovation could transform Bitcoin from a passive asset to an actively utilized financial tool.
Join the discussion: Can BTCFi redefine Bitcoin's utility? Share your thoughts below!
A trader made a 4,700x return on Pepe (PEPE), turning $2,184 into $10.3M, according to Lookonchain. He bought 1.5T PEPE, sold 1.02T for $6.66M, and still holds 493B PEPE ($3.64M) despite PEPE dropping 74% from its ATH.
Memecoins remain highly speculative but have delivered massive gains. In May 2024, another investor turned $27 into $52M (1.9Mx ROI). Memecoins like DOGE, PEPE, and FLOKI surged 5.6% recently, even as Solana fell 51% since TRUMP token’s launch.
However, scams and rug pulls plague the sector. On March 5, New York lawmakers introduced a bill to protect investors, following the LIBRA scandal linked to Argentina’s President Javier Milei.