Lista (LISTA token): The 2nd project on Binance Megadrop
On May 23, Binance announced the deployment of Lista (LISTA token) on Binance Megadrop. Users can lock BNB and complete Web3 tasks to receive rewards. Previously, Lista DAO was Helio Protocol (HAY token), designed to be a liquidity staking infrastructure provider on BNB Chain. According to Defillama, Lista DAO operates as an open-source decentralized stablecoin lending protocol backed by LSDfi, with a total value locked (TVL) reaching 305.04 million USD. Details about Lista Megadrop: Token name: Lista (LISTA) Maximum supply: 1,000,000,000 LISTA Megadrop Reward: 100,000,000 LISTA (10% of total supply) Initial circulating supply: 230,000,000 LISTA (23% of total supply) More detailed information about Megadrop quantity, Web3 mission and listing plan will be announced soon. Binance Megadrop seamlessly integrates Binance Simple Earn and Binance Web3 wallet, improving users' airdrop experience. Megadrop offers early access to select Web3 projects before they are listed on Binance. The unique combination of engagement, education, and rewards makes Megadrop a great interactive experience within both Binance and the broader cryptocurrency ecosystem.#Coinbay#BinanceMegadrop #LISTA
BounceBit - A potential investment opportunity with great growth potential!
BounceBit is a $BTC Restaking project in the#Bitcoinecosystem, strongly collaborating with#Binanceto create a CeDeFi platform with high returns. This project has a series of core components: 1. BounceBit Protocol: Simplifies asset conversion to BounceBTC $BBTC or BounceBit USD $BBUSD. 2. BounceBit Chain: Uses Delegated-Proof-of-Service (DPoS) consensus mechanism and is compatible with EVM. 3. Security Client: Focus on Restaking to optimize profits. With its advantages, BounceBit promises to bring profits from three main sources: 1. Income from Binance asset management on BounceBit Protocol: In particular, the Delta Neutral trading strategy helps minimize risks. 2. Staking rewards on BounceBit Chain: Comes from transaction fees and $BB tokens issued through POS. 3. Benefits from the DeFi ecosystem: Expected to grow with the development of Dapps on BounceBit Chain. With a total token supply of 2,100,000,000 $BB, unlocking and allocation are done in a specific and planned manner. In the future, if the Bitcoin ecosystem continues to grow, BounceBit could become a ticking time bomb, bringing innovation and growth opportunities to investors.
Instructions for Transferring NOT Coin to the Exchange
If you still hold NOT Coin (NOT) and want to transfer them to the exchange, don't miss the opportunity before the transfer deadline ends on May 14. Below are detailed instructions to transfer NOT Coin to Binance or OKX: 1. Visit @notcoin_bot on Telegram and select "Check the Results" or "Open" to check your NOT Coin amount. 2. Select "Send" to start the NOT Coin transfer process. 3. Select the exchange you want to transfer NOT Coin to. For example, if you choose Binance, select Binance and continue. 4. In Binance, fill in the deposit address and required memo to transfer NOT Coin. Note: Make sure you have filled in the memo correctly so the transaction goes smoothly. 5. After completing the transfer, note that you will be charged a 1.5% fee. Make sure you check and make sure all information is filled in correctly before making a transaction, to avoid fees or other issues. If you need support or have any questions, don't hesitate to leave a comment below. NOT Coin is highly appreciated for its potential to be listed on Binance and can bring many opportunities to investors.
Dogecoin (DOGE) Is On A Bullish Breakout: Golden Cross and Prospects
Dogecoin (DOGE) is experiencing a significant bullish period, predicted by the "golden cross" technical pattern. The emergence of this pattern has attracted attention, especially after it appeared in early 2021, especially before DOGE's strong price increase. With a current market capitalization of around $21.7 billion, Dogecoin has shown impressive performance this year, with a price increase of over 70%. This growth has outpaced the nearly 50% increase in Bitcoin (BTC), the largest cryptocurrency by market capitalization. Golden Cross: Bullish Signal for Dogecoin? The Golden Cross is an important technical pattern that occurs when a short-term moving average crosses above a long-term moving average, typically the 50-week SMA and 200-week SMA. This crossover often signals a transition from a downtrend to an uptrend. Traders often use moving average crossovers as part of their trading strategies to identify entry and exit points in the market. The appearance of a golden cross on Dogecoin's chart could herald a significant price increase. In March 2023, Dogecoin price crossed the 200-week SMA, breaking out of a prolonged sideways consolidation pattern. Since then, the cryptocurrency has managed to hold above this key average, adding to the positive sentiment surrounding DOGE. Could DOGE Reach $0.20 in May?
Shiba Inu Burned More Than 82 Million VND, Burn Rate Increased 4,111.57% In 24 Hours
Over the past 24 hours, more than 82.14 million Shiba Inu (SHIB) memecoins were burned, resulting in an unusually high burn rate of 4,111.57%. The process of burning these tokens aims to remove them from circulation by transferring them to dead wallets, aiming to reduce the overall supply of SHIB and hopefully increase its market value.
After the recent burn, the total number of SHIB tokens burned has increased to over 410 trillion, with approximately 589 trillion SHIB still in circulation. However, despite the significant volume of memecoin burned, there was not much of a dramatic impact on SHIB price. shiba Recent technical analysis suggests that SHIB price could rise by 15%, targeting $0.00002625, and a potential breakout could lift SHIB's price by over 24% to $0.00003103. However, without this breakout, the token could find support at around 0.00002349 USD. Additionally, Shiba Inu has made significant technological advancements in its quest to move beyond its meme-currency origins, with the launch of Shibarium, an Ethereum layer 2 scaling solution. The new fundraising efforts have also attracted interest from prominent investors such as Polygon Ventures, Mechanism Capital and Animoca Brands.
Bad Kids: Unique NFT Collection on the Cosmos Ecosystem
What are Bad Kids? Bad Kids is a PFP (Profile Picture) NFT collection of 9,999 unique hand-drawn works, created on the Cosmos blockchain. Launched on November 3, 2022, Bad Kids has quickly become one of the pioneering and iconic NFT collections for this ecosystem. Bad Kids Highlights: Unique drawings: Each Bad Kids work is a combination of more than 400 separate characteristics, creating uniqueness and diversity for each work. The doodle style simulates the drawing of 11-year-old children, bringing a sense of fun and creativity. Benefits for owners: Bad Kids can be used as avatars on social networks, expressing the owner's personality and interests. In addition, owners can also participate in activities in the Bad Kids community and receive airdrops from several projects in the Cosmos ecosystem. Pioneering collection on Cosmos: Bad Kids is the pioneering NFT collection on Cosmos, playing an important role in promoting the development of the NFT movement in this ecosystem. The collection inspired many other NFT projects that followed, diversifying and enriching the Cosmos community.
Information about NFT Bad Kids: Bad Kids has a total of 14 characteristics, including body, skin color, hair, mouth, eyes, nose, clothes, age, intelligence stat, muscle stat, damage level, accessories, background paper color and background paper material. Development Team: Bad Kids' development team includes Cortlandt - Artist, Alvin - Engineer, Simon - Producer, and Couchandlamp - Housekeeping Manager. #coinspake
A new meme coin on Solana called $SMOG will soon land on the centralized exchange (CEX) according to the latest announcement from the token founders on social networks.
Listing Event and Airdrop
The Smog team promises that the listing will be a landmark event. The announcement calls for#Dragons(pet names for those who join Smog's army) to get ready for the first $SMOG exchange listing event.
While details on the listing are still scant, rumors suggest it could take place as early as next week and could be accompanied or followed by a second CEX listing.
The team also encourages $SMOG holders to continue completing their daily tasks to earn bonus points before the season one airdrop ends in a little over six days – when approximately $1 million worth of tokens will be available. distributed to the Smog community. The second season airdrop is expected to focus more on on-chain transactions.
$SMOG and Price Volatility
Meme coins are known to be one of the most volatile investments in the cryptocurrency market. $SMOG is no exception to this rule.
Even though it has the ability to fly to the moon, meme coins can also sink quickly, losing value faster than any other cryptocurrency.
The Floki Inu development team has announced its strategic roadmap for 2024, with ambitious initiatives aimed at increasing the utility and adoption of the FLOKI token.
One of the main highlights is the introduction of digital bank accounts. Floki Inu plans to create these accounts, allowing users to set up and deposit money directly into bank accounts using FLOKI tokens. This represents an important step forward in bridging the gap between cryptocurrencies and traditional banking services.
Partnering with an undisclosed fintech company, Floki Inu aims to provide digital banking services in many countries such as Canada, Spain, Dominica, Australia and UAE. These digital bank accounts will support SWIFT and SEPA IBAN payments, giving users a seamless way to interact with traditional financial systems.
Additionally, the roadmap details plans to integrate with the Venus decentralized finance protocol. The inclusion of FLOKI into Venus Core Pool aims to improve liquidity and open up new opportunities for the community.
Floki Inu is also preparing to launch the Floki debit card, linked to users' digital bank accounts. This card is designed to allow transactions in common currencies such as euros and US dollars, creating convenience for users when using cryptocurrencies on a daily basis.
Polygon's Zero-knowledge Ethereum Virtual Machine (zkEVM) Experiences Downtime for Over 12 Hours
Polygon's Zero-knowledge Ethereum Virtual Machine (zkEVM) experienced significant downtime lasting over 12 hours, raising concerns about the reliability and scalability of the network.
Several cryptocurrency stakeholders have expressed concerns about the network's inability to produce blocks for several hours, and the outage has evoked comparisons to the problem that previously occurred with Solana.
Polygon said the downtime was due to a glitch in protocol sequencing, a process triggered by Layer-1 realignment. The development team assures that they are taking measures to resolve the issue and will provide a detailed investigation report.
Fortunately, Polygon's other platforms such as the PoS chain and Chain Development Kit (CDK), as well as the protocols that use the CDK, are still operating normally and are not affected by this issue.
However, this incident has posed significant challenges for Layer-2 networks, especially as the industry has faced many difficulties since its inception last year. Ava Labs founder Emin Gün Sirer has warned about the potential for “junk L2” issues, emphasizing the need for diligence in assessing and monitoring the Layer-2 ecosystem.
Dencun Upgrade: Opens a New Phase for Layer 2 Technology on the Ethereum Market
After March 13, the prices of Ethereum Layer 2 including Arbitrum (ARB), Polygon (MATIC), Optimism (OP), Starknet (STRK) and even the main network Ethereum (ETH) all recorded a significant decrease. This goes against the expectations of many previous investors when Dencun was upgraded, with the hope that transaction fees would decrease and boost prices.
Since March 13, the price of ETH has decreased by nearly 25%, MATIC decreased by 29%, OP decreased by 33%, STRK decreased by 34%... It can be said that the day of upgrading Dencun is also the day of creating a temporary peak of Layer 2 , while Layer 2 recorded an average reduction of 25% - 30%.
The main reason is probably not because of the Dencun upgrade, but because of Bitcoin's selling pressure, causing the market to reduce expectations and change psychology. The entire market capitalization has also decreased by nearly 20% after the 13th. The driving force behind the pressure to sell BTC is said to be from Grayscale and American investors.
Bitcoin Price Upside Potential Below 65,000 USD: Analysis and Forecast
Bitcoin price is experiencing a decline below the $65,000 level, however, analysts believe that it could head towards a new increase if bulls remain active above the $60,000 region.
Recently, Bitcoin price saw an increase surpassing $70,000 and approaching the resistance zone of $74,000. A new all-time high was set near $73,835 before the price began to correct.
The bears can sink the price below the 23.6% Fib retracement level of the upward move from the $50,941 swing low to $73,835 high. The current critical support level is $71,000.
In particular, the price has spiked below $62,000, and the bulls have been operating near the 50% Fib retracement level.
Bitcoin is currently trading below $65,000 with immediate resistance on the upside near $64,500. The next major resistance could be near the $65,500 area.
A fresh move above $65,500 could take the price up to $68,500, from where BTC price could continue to rise towards $70,000. However, without any upside breakout occurring, BTC could continue to fall towards $62,400.
In the context of Bitcoin price surpassing 71,000 USD and the market is in a state of extreme greed, the question "When?" becomes especially important in predicting price fluctuations of this currency. Interest in when the uptrend ends is growing, especially as the cyclical nature of Bitcoin may provide clues.
Main Motivation Behind Uptrend
Bitcoin's notable price rally in early 2024 was largely driven by interest in Bitcoin ETFs, with data from CryptoQuant showing that US spot ETFs are holding nearly 813,000 BTC, representing about 4% of supply circulate. This growth, spanning over the past two months, shows an ongoing trend of increasing BTC collection.
Ki Young Yu, CEO of CryptoQuant, commented that this uptrend could last at least until the end of the third quarter of 2024, provided that the flow of Bitcoin into ETFs continues. He also pointed out that a liquidity crisis for sellers could occur within six months if this situation does not change.
Role of Realized Cap
Realized Cap, the actual capitalization calculated based on the last trading price of each UTXO, provides another approach to evaluating the uptrend. The capital conversion between new and old investors, when their Realized Cap intersects, is an indication of the movement of BTC into the hands of new investors. According to @AxelAdlerJr from CryptoQuant, this process usually lasts 6 to 18 months before the Bitcoin price peaks.
The phenomenon of Realized Cap of new investors surpassing old investors has lasted for 2 months, suggesting that the uptrend may continue for another 4 to 16 months before there is a reversal in price.
Shiba Inu and PEPE Memes Face Downward Price Pressure As Whales Start Taking Profits
Meme Shiba Inu (SHIB) and PEPE are facing downward pressure as large investors, commonly known as whales, begin taking profits.
According to Spot On Chain, memecoin whales have transferred large amounts of both SHIB and PEPE to centralized exchanges to withdraw their profits. One of these whales received over $6 million in profits by transferring 200 billion SHIB into Gemini and crypto.com.
It is known that this whale bought 15.2 trillion tokens four years ago at the cost of just 10 ETH.
Additionally, another crypto whale sold 1.9 trillion PEPE tokens, netting about $3.3 million in estimated profits.
Whether SHIB, PEPE and other meme coins can fully recover remains to be seen, the continued interest from investors suggests these digital assets still have significant support .
Dogwifat (WIF) – Marks the Ascent of Meme Coin on Solana
Dogwifat (WIF), the meme token based on the Solana platform, has recorded significant growth over the past month. With a market capitalization surpassing $2.3 billion, WIF has earned its place among the top 100 cryptocurrencies.
The token's price hit an all-time high of $2.48 on March 10 before a correction due to profit-taking. Despite this price drop, WIF still saw a 723% increase over the past 30 days.
In just the last 24 hours, WIF has increased nearly 25% from its 24-hour low of $1.83. Currently, WIF is trading at $2.37, according to CoinGecko data.
Dogwifat's rise can be explained by a number of factors, including the popularity of the meme coin among the retail investor community, the influx of liquidity into altcoins, and its plans for utility in the real world of the project.
Up 60% After News Telegram Plans IPO, Toncoin Token Price (TON) Hits New High After Pavel Durov, founder and CEO of Telegram, announced plans for an IPO in the United States, the price of Toncoin Token (TON) from The Open Network increased by more than 60% in the past 48 hours. News of the IPO and Telegram's new strategy ignited a strong rally in Toncoin's price, taking it to its highest level since December 2021.
According to the announcement in the filing with the SEC on March 11, Telegram launched an IPO strategy and expected to successfully raise $519 million, similar to Reddit's strategy. Pavel Durov, in an interview with the Financial Times, shared that Telegram currently has 900 million monthly users and is expected to reach profitability this year or next.
Toncoin (TON): Cryptocurrency Benefits From Telegram's New Strategy
News of the IPO plan has put Toncoin (TON) on a strong upward trajectory. Over the past month, TON increased nearly 38%, reaching an intraday high of $4.40. Although the current price is lower than the previous ATH, TON still ranks 12th on the market capitalization rankings, with $15.2 billion.
I realize that the TON system has great potential in the field of Meme coin, and am focusing on developing this segment.
The TON system stands out with its large community, an undeniable advantage when anyone participating in the crypto market almost needs to use Telegram.
Even though I don't understand this system well, I am still in the process of looking for potential investment opportunities. The TON system, with its growing interest and strong inflows, is truly a sector not to be missed.
Recently, the TON system has become vibrant with the appearance of many attractive investment "gems". Let's join together and explore new investment opportunities.
If you are interested in participating in gem bets on the TON system, take the following steps to get ready:
1. Visit tonkeeper.com and download the TON wallet to your phone. 2. Buy TON on OKX and withdraw to Tonkeeper wallet through the TON portal, to have TON available for upcoming investment opportunities.
Binance, the world's leading exchange, has just announced the 49th project on Binance Launchpool – Ether.fi (ETHFI). This is a decentralized, non-custodial delegated staking protocol. The website is expected to be available within 24 hours, before the Launchpool officially begins.
ETHFI Token Farming and Distribution Period
Users can stake BNB and FDUSD into separate pools to farm ETHFI tokens for 4 days, starting from 2024-03-14 00:00 (UTC). ETHFI will then be listed at 2024-03-18 12:00 (UTC) and open for trading with multiple trading pairs, including ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI /TRY. Seed tokens will be applied to ETHFI.
ETHFI Launch Team Details:
Token Name: Ether.fi (ETHFI) Maximum Supply: 1,000,000,000 ETHFI Launchpool Reward: 20,000,000 ETHFI (2% of maximum supply) Initial Circulating Supply: 115,200,000 ETHFI (11.52% of maximum supply) Smart Contract: Ethereum Staking Terms: KYC required Hard Limit and Pool Support:
Hourly Hard Limit Per User: 16,666.66 ETHFI in BNB pool 4,166.66 ETHFI in FDUSD pool Supported Swimming Pools: Stake BNB (site will be available in about 24 hours): 16,000,000 ETHFI (80%) reward FDUSD Staking (website will be available in approximately 24 hours): 4,000,000 ETHFI (20%) reward ETHFI Farming and Distribution Time:
Farming Time: 2024-03-14 00:00 (UTC) to 2024-03-17 23:59 (UTC). Daily Distribution: 2024-03-14 – 2024-03-17: Total Daily Rewards: 5,000,000 ETHFI BNB Pool Daily Rewards: 4,000,000 ETHFI FDUSD Pool Daily Reward: 1,000,000 ETHFI
Arbitrum DAO Rejects Proposal to Fund Tornado Cash's Legal Defense
Today, the cryptocurrency market witnessed another shocking situation when Arbitrum DAO decided to scrap an important proposal for legal funding for the Tornado Cash project. The proposal aims to transfer nearly $1.3 million worth of ARB tokens from the community wallet to support developers Roman Storm and Alexey Pertsev, who are behind the cryptocurrency mixing service Tornado Cash.
According to information, the delegate with the pseudonym DK submitted this proposal on March 7 with the goal of providing legal protection for developers. However, according to an Arbitrum spokesperson, this proposal was removed from the system at DK's request.
The reason behind the removal of this proposal was not clearly disclosed. However, it has created concern and confusion in the cryptocurrency community.
XRP Price Disappoints in Recovery, But Is There Hope for 2024?
The cryptocurrency market is seeing XRP disappoint in its ongoing recovery, failing to return to its historic price high set in January 2018. However, these negative developments May change in 2024.
XRP Lags Behind Bitcoin
Amid the bullish sentiment in the crypto market, XRP failed to post significant gains. While Bitcoin (BTC) and Ether (ETH) increased by 58% and 68.50% respectively, XRP only had a return of 1.85% in 2024. In particular, the XRP/BTC trading pair lost 88% in 5 over the past year, as investors turned their attention to newly launched Bitcoin ETFs and speculated about an Ethereum ETF.
Selling Pressure and Technical Challenges for XRP
XRP price faced extreme selling pressure from the descending trendline since December 2017. By 2024, traders had difficulty closing above this trendline. The decline in XRP also coincides with the decreasing number of whales (addresses holding at least 100,000 tokens), indicating a decrease in motivation on the part of wealthy investors.
Bitcoin is forming a strong bullish flag, demonstrating readiness for a breakout with support from technical indicators, on-chain and fundamental factors.
BTC Bullish Pennant and New Bullish Target Bitcoin price is currently in a consolidation phase and moving sideways like a triangle, simulating a bullish pennant. With a new all-time high of $69,210, the expected breakout could take the price to $92,500 in the coming weeks, a 35% increase from current levels.
Bitcoin ETF Inflows Increase Strongly Bitcoin's price increase has been accompanied by a significant increase in capital inflows into Bitcoin ETF funds in the US. Latest data shows these funds hold more than $53 billion, pushing the Bitcoin price target to $100k by October 2024, according to analyst Timothy Peterson.
2020 Bitcoin Fractal Forecasts Rising Profits The similarities between current Bitcoin price action and a 2020 fractal suggest that the next bull run could be highly profitable. If the historical scenario repeats itself, BTC price could reach $75,000 after a successful breakout cycle higher.
With these positive signals, the market is expecting a big step forward in Bitcoin price in the near future.