Today we will learn about Haedal Protocol. It's recently listed on Binance. We will see whether it's a good investment or another floop project.
What is Haedal Protocol?
$Haedal is liquid staking protocol on Sui. It has a strong, reliable and secure infrastructure allowing people to stake sui and walrus token to earn rewards and LST (Liquid staking tokens) which can be used in Defi activities.
How Haedal Protocol Strengthens Sui and Benefits Users
Haedal Protocol helps to secure the Sui Blockchain. Haedal is also building some other products like Haedal Market Maker, haeVault and more. Haedal is introducing structured and organized products to help the users.
Tokenomics
Total supply: 1B Circulating supply: 195M Current Market Cap: $34M
Very much of its supply is locked 🔒 and Ecosystem incentives are unlocked 🔓 on daily or weekly basis while investers and Team tokens unlock will start from 6 months and 1 year respectively
Overall the project is good and it's built on Sui which is a very bright thing about it but it's always risky to invest in new projects. Do your own research before investing any penny in it. If you like the Thread please Follow #analysis #project #HAEDALToken
Merl coin is featured on Binance Alpha lets dive in to see which problem it is solving in Crypto Space and how much potential it have
What is $MERL ?
Merlin Chain is a L2 chain on Bitcoin it uses ZK-Rollup Networks to make transaction Faster & Cheaper. It also uses Decentralized Oracle Networks to bring real world data to Bitcoin and fraud proofs to prevent cheating.
Investers
Top investers like OKX ventures, Kucoin, Foresight ventures, ABCED ventures, ArkStream Capital, WaterDrip Capital, SkyLand ventures and many others have invested in Merlin Chain.
Founder
Merlin Chain is a product of Bitmap Tech which was founded by Jeff. Bitmap Tech is working on Bitcoin network for a long time and they have also launched Bitmap Explorer and BRC-420 Token Standard.
Merl Coin Utility
Merl coin is used for : Staking Delegate Merl to validators to secure network Network fees Provide Liquidity For Collateralization
Tokenomics
Total supply: 2.1B Circulating supply: 725M Market Cap: $64M
Xterio is basically a Gamefi category token with over 18M+ total Players and 47B+ Onchain Transactions. It has a total supply of 1B and circulating supply of 134M with 7M tokens on stake. It has a market cap of 34M.
Xterio is a game developer as well as publisher. It develops and publishes high quality multiple player games of different categories for both PC & Mobile. It enables players to own their in game assets and players have ownership of their assets in form of NFTs.
Xterio team consistes of people from leading gaming industries like FanPlus, Electronic Arts, Zynga, Activision, Blizzard, Krafton, Jam City, NetEase and others. There team also have a lot of experience in AAA (Top games ) & F2P ( Free to Play) games.
It's in Partnership with industry top tier 1 Venters like Binance Labs, Kucoin Venters, Animoca Brands, Hash Key Capital and other tier 2 & 3 ventures.
It's currently listed on Binance Alpha and you can trade to earn Alpha Points to receive future Airdrops. It has a strong chance to be listed on Binance Spot and Futures.
Currently it's chart is not looking well. It has dumped from 0.37$ to 0.25$. It has broken its 0.27$ support level and now trading below. It has a strong support at 0.24$. DYOR | NFA
>Indian stock market is down 4% >Japanese stock market fell by 7% >South Korean stock market fell by 5% >Chinese stock market fell by 7% >Hong Kong stock market fell by over 10% >European markets also fell heavily
The Reason behind is 👇
This all is happening due to fears of a global trade war growing after US President Donald Trump announced tariffs on all countries.
Is this condition likely to improve or deteriorate?
$BTC is looking good and gradually going upward good for crypto market. As I told earlier that Alts will recover this week and many of them are looking good
$BTC is looking bullish after trump says to ease tariffs. This week will be good for crypto market. The altcoins could recover as others.d is looking bullish. So, overall this week will be good for crypto