jojoo70

The #MerlinTradingCompetition is now live on Binance Alpha, offering traders a chance to share in a $1 million reward pool by trading MERL tokens.
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‎🧙‍♂️ What Is the Merlin Trading Competition?
‎Binance has launched the Merlin Trading Competition to promote the trading of Merlin Chain’s native token, $MERL. Participants who trade MERL through Binance Wallet (Keyless) or Binance Alpha between May 20 and June 3, 2025 (09:00 UTC) will be ranked based on their total purchase volume. The top 10,000 traders will each receive 984 MERL tokens, totaling 9,840,000 MERL in rewards.
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‎🏆 How to Participate
‎• Update your Binance app to the latest version.
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‎• Create and back up your Binance Wallet (Keyless).
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‎• Trade MERL tokens via Binance Wallet (Keyless) or Binance Alpha during the promotion period.
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‎• Rank among the top 10,000 traders by cumulative MERL purchase volume to win.
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‎Note: Only purchase volumes are considered; sell volumes are excluded. There is no cap on trading volume, and bridging transactions are not eligible.
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‎📈 MERL Token Performance
‎As of May 23, 2025, the MERL token is trading at approximately $0.093, with an intraday high of $0.112. The ongoing trading competition has contributed to increased trading activity and interest in the token.
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‎📅 Important Dates
‎Competition Period: May 20 – June 3, 2025 (09:00 UTC)
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‎Reward Distribution: By June 17, 2025

#ETHMarketWatch

| Ethereum Market Snapshot |
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‎Current Price: ~$2,555.36
‎24h Change: -4.44%
‎30-Day Performance: +47.45%
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‎Ethereum (ETH) remains a top contender in the crypto space, recently boosted by the Pectra upgrade—the biggest update since the Merge. Key improvements include:
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‎Faster transaction processing
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‎Reduced gas fees
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‎Increased validator cap (from 32 ETH to 2,048 ETH)
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‎These advancements have significantly improved Ethereum’s scalability and staking ecosystem, driving strong bullish momentum through May.
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‎Monthly Performance:
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$ETH : +45%

‎$BTC : +10.7%
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$SOL ‎: +20.6%

‎‎Technical Outlook:
‎ETH is approaching critical resistance at $2,800. A breakout could target $3,250+, while failure may bring consolidation near $2,500.
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‎With a market cap over $308B and growing DeFi and smart contract activity, ETH continues to lead as a core asset for both investors and developers.
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‎Stay tuned & watch the charts.

#ETHMarketWatch #BinanceUpdate
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Here's your crypto market update for Saturday, May 24, 2025, along with a visual snapshot:
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‎📊 Market Overview
‎• Global Crypto Market Cap: $3.52 trillion, up 0.51% over the last day .
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‎• Bitcoin ($BTC ): Trading at $108,307, down 2.57% from the previous close.
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‎• Ethereum ($ETH ): At $2,558.29, experiencing a 4.58% decrease.
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‎• Binance Coin ($BNB ): Priced at $671.50, down 2.06%.
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‎• Cardano ( $ADA ): Currently at $0.7585, a 7.85% drop.
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‎• XRP: Trading at $2.35, down 4.08%.
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‎‎🔥 Key Highlights

‎• Market Volatility: Bitcoin's price dropped sharply, leading to significant losses across the crypto market, including Ethereum, Solana, $XRP, and Dogecoin.
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‎• Investor Sentiment: The Fear & Greed Index stands at 66, indicating a "Greed" sentiment among investors.
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‎• Altcoin Movements: Cardano (ADA) and XRP have seen notable declines, reflecting broader market trends.
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‎📈 Visual Snapshot

‎Stay informed and make well-researched decisions in this dynamic market environment.
‎#BinanceAlphaAlert #MarketPullback #BinanceUpdates