If you missed the bnb from 2017 and the bgb from the gt platform, then do not miss the dexx platform coin in 2025. The $6000 user compensation has been received promptly, and the $500,000 personal investment from the founder was not accepted in time. The dexx exchange is expected to be the golden goose, with an anticipated increase of 50 times for the dexx platform coin and a total market value exceeding $3 billion.
Binance's actions this time are truly heartwarming! ❗
They decisively shut down a market maker that was causing disruption due to improper behavior and used the confiscated profits to compensate affected $GPS and $SHELL users. This move not only deserves applause but also clearly demonstrates Binance's determination to maintain market fairness and protect investors.
Market makers are supposed to be the "stabilizers" in the market, responsible for providing liquidity and ensuring smoother transactions. However, once someone plays tricks, such as manipulating prices or engaging in shady activities, the entire market suffers. This time, Binance took direct action, kicking out the violators and compensating users for their losses with the profits, which is a textbook example of responsible behavior.
I think Binance's move was brilliant! This is not just an explanation for $GPS and $SHELL users; if I'm not mistaken, @AleoHQ $ALEO's market maker has also caused devastating blows to our miner ⚒️ community through @GSR_io, and now the machines are just scrap metal. Binance's actions this time are a reassurance for all investors. I hope other platforms can follow Binance's lead, adopting a zero-tolerance policy for misconduct, making our investment environment safer and more transparent. After all, who wouldn't want to trade confidently in a fair market?
Tether's revenue last year was 13.7 billion USD, and for a long time, it was a team of over 70 people (which has probably expanded a bit since then), with an RPE of nearly 200 million USD. Whether it’s net income or per capita net income, it surpasses all financial oligarchs, including the likes of Morgan Stanley, American Express, Berkshire Hathaway... Is this due to the high intellectual density of the Tether team? I don't think so.
The major shareholder of Tether is Giancarlo Devasini, while the BFX boss JL Van Der Velde only holds a small stake. It can be said that Tether's success largely belongs to Giancarlo, a pirate-like man who has a deep understanding of the financial rules and order of the real world. You can say Tether's success is due to first-mover advantage, regulatory arbitrage, etc., but regardless, it is now the capillary of the entire crypto industry, not easily replaceable. Tether has taken a full 11 years to reach this position.
Great success does not come easily.
Therefore, there is a limit to staff reduction because Tether's success has transcended the realm of team intellectual density; it is the nature of its business that determines the ceiling. The income generated from a large amount of on-chain assets has ultimately transferred to the stablecoin group.
Startup teams should, and only should, pursue businesses that will become huge in ten years because if the business is small at this moment, it means your competitors have not yet emerged in large numbers. You have the opportunity to develop the economy and create extraordinary products; your growth curve can rise almost linearly during the growth phase.
On the contrary, merely copying competitors does not lead to good products because you are replicating today’s user demands. Because what you are doing is not as good as others, you feel the need to copy, which can be said to be a preemptive defeat. Unless you have unlimited bullets and unlimited development resources to withstand this, such conditions do not apply to startup teams.
A long-term strategy allows you to accumulate advantages, while copying lacks differentiation. Respect the market and the Pareto principle.
Today I spent some time catching up on @_superexchange, although due to personal reasons I couldn't participate in the most FOMO wave, it's still necessary to study and research the new model to ensure that I have a keen sense when new things come out next time.
Super is a new coin issuance platform with a 3, 3 model. In the few days leading up to the launch, the flagship $Super and $Send generated a good wealth effect, with the external market at one point reaching 170M+ FDV. Currently, looking at the performance of the external prices of $Super and $Send, the first wave of FOMO sentiment in PVP has basically ended, and the trading volume has come down. Whether the second wave can rise depends on whether the market makers will take the opportunity to accumulate chips in the secondary market, after all, the internal market of $Super is still continuing to push forward.
However, during those two explosive days, the number of participants and funds was still considerable (compared to old platforms like Pumpfun during the same period). I dug into the timeline of several early players' tweets @off_thetarget, and here are a few takeaways summarized:
1. The simple and aggressive meme chip distribution method like Pumpfun has entered a stage of aesthetic fatigue, and the gameplay has gradually been understood by the market. With the successive collapses of large scam projects, top players are exiting, and the market needs a new primitive demand for distribution methods.
2. Market liquidity is tight, so how to lock in liquidity has become the key to whether the secondary market can soar. @_superexchange has introduced a trading point system similar to fcoin for buying coins, which is somewhat interesting, as it at least creates a cognitive gap. Therefore, OGs with DEFI backgrounds can quickly find the best participation strategy, such as quickly building a pool in the external market after acquiring $Super and setting the price high.
3. However, this 1.0 version has also exposed its vulnerabilities, front-end trading downtime → scientists low-loss刷积分 → external market crashing, which means that for a period of time, it completely gave benefits to the scientists. The biggest fear in this model is to create a panic bank run; once the external price of $SUPER collapses, $SEND will immediately drop, reducing the earnings of those刷分, and trading volume will decline, leading to a double whammy.
4. Is there still hope for this model? In fact, this model has some advantages compared to Pumpfun. First of all, the issued coins are not so easily reduced to zero after PVP; as long as there is still trading volume and profits, then the internal $Super can still rise.
Exchanges, project parties, and market makers all encourage retail investors to trade more, because only when retail investors are active will they make more mistakes, which is where their profits come from. Many fools believe that exchanges and project parties bring traffic to the crypto world; on the contrary, they are the counterparty to the trend. Their existence is to extract as much residual value from trend traffic as possible. Their role is inherently that of an enemy to retail investors, and what retail investors should do is to reduce trading.
Trump currently feels quite good about himself, as global finance dances to his tune 💃🏻.
Last night's 30 minutes of fiery rhetoric directly scared the U.S. stock market, with Nvidia dropping 9 points, losing a valuation of $900 billion, and Bitcoin also made a big dip.
During the announcement that TSMC (TSM.N) will invest $100 billion in the U.S., he stated that the U.S. will impose a 25% tariff on Canada and Mexico on the 4th of this month, claiming that there is no room for negotiation with these two American allies. The Canadian Foreign Minister responded by stating that they are prepared to impose tariffs on $155 billion worth of U.S. goods. In addition, Trump also mentioned that starting April 2, the U.S. will implement reciprocal tariffs and impose tariffs on countries that engage in currency devaluation as a form of sanction.
The international trade war is about to break out, and major funds are hurriedly securing their positions, as this implies uncertainty. Many people are starting to bet on a U.S. stock market crash, with the panic index VIX soaring by 16%.
It's tough for Bitcoin 🫓 and the cryptocurrency market, which are gradually becoming more like the U.S. stock market.
#dexx 《Retail Investors' Self-Rescue Initiative》 Seeing Ronaldo also coming to the crypto space to make money, I feel very heavy. I wrote an initiative: Do not believe in cryptocurrencies endorsed by celebrities from outside the industry anymore; these are just the traffic effects of celebrities and have no real impact on coin prices. Does Ronaldo understand blockchain? Does Yua Mikami understand Web3? Does the Brazilian president understand crypto? The impressive celebrities you think are only successful in their own fields and do not imply excellence in other industries. In the past, the crypto circle issued coins to attract funds from outside the industry into the crypto space. New users supported a crypto bull and bear market. Now, it's the opposite; celebrities from outside the industry and scammers are directly harvesting the limited liquidity in the crypto space. The logic of celebrities from outside the industry issuing coins is akin to Jackie Chan endorsing anti-hair loss shampoo—does Jackie Chan understand scalp health and follicle nutrition? He is just a filmmaker. He hasn’t even used that anti-hair loss shampoo himself more than a few times. Do not be infatuated with the celebrity effect of outsiders. You think you are meeting your favorite star, but what the celebrity is thinking is, 'Oh, here comes another gullible one to give me money.' Look at Trump, Trump's wife, Trump's son, Trump's daughter, the Brazilian president, the Argentine president, Ronaldo, Yua Mikami, Teacher Cang, Xue Manzi, and many other celebrities; which one is not coming to the crypto space to use their fading popularity to cash in for retirement money? The crypto circle should have its own temperament; it can be harvested by understanding because I can summarize and learn to improve my own knowledge. It can be harvested by technology because I can also learn technology to become more professional. But it cannot be harvested by celebrities who don’t know anything about the industry. After studying blockchain, Web3, PoW consensus mechanisms, and various technical analyses for so long, to be harvested by Ronaldo would be quite foolish. Crypto friends, stand up; do not kneel and lick the boots of those washed-up stars who know nothing. I'd rather wait another four years than be harvested by some washed-up star who knows nothing.
#dexx OK and ave charge a fee for each order placed. Retail investors often change prices and quantities many times, leading to significant wear and tear, and on-chain processing takes time, causing them to miss the best buying and selling points. Furthermore, at OKX and ave, a single fund can only place an order for one cryptocurrency, while the dexx exchange allows a single fund to place orders for countless cryptocurrencies you are optimistic about, alleviating the anxiety of insufficient funds. As for the Chinese information about ave, it is often written for a fee, which can be very misleading; many retail investors suffer losses after reading it.
#dexx #DEXX has now joined the #HackenProof program! A brand new "MPC+ authorization code" solution, multiple audit firms, 7 supervisory bodies, and a risk reserve plan Together safeguarding the security of your assets. Safety is no small matter; it can't just rely on tweets to say it!🤔
#dexx Fidelity is selling BTC, Ark is selling BTC, Grayscale is selling BTC, and the mainstay BlackRock is also selling BTC, and it has sold $150 million.
The growth flywheel has turned into a death spiral. Any game that steps on the left foot and the right foot cannot escape this fateful reflexivity.
This round of bull market in the tight dollar monetary environment has made everyone earn enough. Greed is the enemy of the portfolio growth curve. From now on, everyone should put "capital safety" first.
#dexx Bybit was stolen. The result is that it was a problem with the multi-signature tool SAFE. . I still remember that last year, when I listened to Vitalik's offline speech, he strongly promoted this tool and even estimated that everyone would use smart contract wallets like SAFE in the next 5 years.
As a result, Bybit really listened to the advice and used this tool at the end of last year, and lost 1.5 billion dollars. It is definitely not able to afford the compensation. Now the ETH Foundation and v are also silent.