🔥What is XRP and why is it gaining ground lately?👀
$XRP is a native cryptocurrency of the XRP Ledger, created in 2012 by Ripple Labs. It was designed to facilitate fast and low-cost cross-border payments. 🚀
In this last year 2025, XRP has exceeded many expectations:
👉It led the altcoin surge with a 23% increase in July, while $BTC hovered near its records.
👉It attracted billions in institutional flows even during a general market downturn.
👉CME Group announced the launch of XRP futures contracts in May of this year, marking a milestone in institutional adoption.
⭐Even some analysts indicate that if this momentum is maintained, XRP could reach a value between $5 and $9 and even more by the end of 2025
💥$PENGU is a memecoin launched by the Pudgy Penguins project on the Solana blockchain. Its debut rose more than 500% in days, thus becoming the largest memecoin on Solana!🤯
👉It surpassed other memecoins like BONK and ranked among the top 5 memecoins, but still far from DOGE.
🔥However, not everything was perfect. After the Airdrop, many sold, causing a drop of more than 50% in just a few days.🤯
🚀Some analysts and opinions say that PENGU could grow exponentially due to the marketing it has.
👇Do you think that one day PENGU will reach the level of BTC?🤔
In simple words, they are cryptocurrencies that originated from memes or viral trends, have no real utility, and are highly volatile. They are sustained by active communities and high marketing movement.👀
- Dogecoin was the first memecoin that was created as a joke in 2013, it reached a market capitalization of billions thanks to its community, even Elon Musk supported the coin!🤯
- The success of Dogecoin inspired the creation of many more memecoins, driven by their community and viralization.
👉Investing in memecoins is like gambling in a casino, don’t risk money you aren’t willing to lose.
👇Comment your experience if you bought memecoins. Did you profit from memecoins?
💥Are you new to Binance and see everyone talking about Trading, Staking, or Tokens and don't understand what it means?🤔
✨Here I show you the meaning of several terms necessary for you to build your path in Binance!😎
1. Blockchain🚂 "Chain of blocks", securely stores information where each block contains data such as transactions or other operations and is connected to the previous one.
2. Wallet💰 It's like a bank account where you store and have control over all the cryptocurrencies you own.
3. Token/Coin💵 A token is a digital unit CREATED on an existing blockchain, it can represent value, utility, or ownership. There are different types of tokens: - Utility Tokens - Governance Tokens - Security Tokens - Stablecoins - NFTs 👉Difference with Coin: It is a cryptocurrency that operates on its own Blockchain, mainly used as a means of payment. (Ex: BTC, ETH, BNB).
4. Staking⭐ It is a process where you lock your cryptocurrencies to support the security and functioning of a Blockchain and in return receive rewards.
5. Trading💻 It consists of buying and selling cryptocurrencies with the aim of making profits by taking advantage of price variations (when it goes up or down). There are different types of trading: - Scalping - Day Trading - Swing Trading
6. Airdrop🎁 They are free rewards distributed in the form of tokens for supporting projects, signing up, completing tasks, etc.
7. HODL🚀 It originated from a misspelling of "HOLD" on a forum, it consists of holding your cryptocurrencies without selling them, trusting that their value will increase in the long term.
👀There are still many terms missing! Comment "Second part" to continue with this glossary or comment the term you don't know so it can appear in another post. Good luck on your journey in Binance!💪