Binance Square

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Binance Chain's data exploded in May DEX trading volume ranked first in the network Added 17 million addresses, total address count surpassed 560 million Currently, the top CEX is Binance, and surprisingly, the top DEX is also Binance Alpha Can a Binance Alpha event really have such a big impact? Indeed, it can! Binance Alpha is the most certain and simplest earning project I've seen in 4 years With one account depositing 1,000 USDT, earning 16,000 USDT daily, the profit in May was over 1,100 USDT With one account depositing 10,000 USDT, earning 32,000 USDT daily, the profit in May was over 1,300 USDT With one account depositing 100,000 USDT, earning 32,000 USDT daily, the profit in May was over 1,500 USDT Such a simple and replicable project, with a low threshold that anyone can participate in, naturally attracts a large number of participants and brings a lot of trading and liquidity In May, Binance Alpha launched 18 projects, with a total airdrop value of 100 million USD; generally, a single project can reach the entry threshold with about 30,000 to 50,000 addresses The total number of addresses that received the airdrop was about 100,000, with an average of 1,000 USDT in airdrop per account in May With 100,000 addresses, each address averaging 20,000 USDT daily, that's 2 billion USD With 200,000 addresses, each address averaging 20,000 USDT daily, that's 4 billion USD In May, approximately 100,000 addresses shared the 100 million USD airdrop Currently, there may still be 100,000 new addresses accumulating points In June, if the total value of airdrops remains unchanged, the average earnings per account will drop to 500 USDT By July, the average earnings per account will basically drop below 300 USDT, and profits will completely disappear However, it is still possible to play now, and through trading competitions, the cost can be reduced to nearly 0
Binance Chain's data exploded in May

DEX trading volume ranked first in the network
Added 17 million addresses, total address count surpassed 560 million
Currently, the top CEX is Binance, and surprisingly, the top DEX is also Binance Alpha

Can a Binance Alpha event really have such a big impact?

Indeed, it can! Binance Alpha is the most certain and simplest earning project I've seen in 4 years
With one account depositing 1,000 USDT, earning 16,000 USDT daily, the profit in May was over 1,100 USDT
With one account depositing 10,000 USDT, earning 32,000 USDT daily, the profit in May was over 1,300 USDT
With one account depositing 100,000 USDT, earning 32,000 USDT daily, the profit in May was over 1,500 USDT

Such a simple and replicable project, with a low threshold that anyone can participate in, naturally attracts a large number of participants and brings a lot of trading and liquidity

In May, Binance Alpha launched 18 projects, with a total airdrop value of 100 million USD; generally, a single project can reach the entry threshold with about 30,000 to 50,000 addresses
The total number of addresses that received the airdrop was about 100,000, with an average of 1,000 USDT in airdrop per account in May

With 100,000 addresses, each address averaging 20,000 USDT daily, that's 2 billion USD
With 200,000 addresses, each address averaging 20,000 USDT daily, that's 4 billion USD

In May, approximately 100,000 addresses shared the 100 million USD airdrop
Currently, there may still be 100,000 new addresses accumulating points

In June, if the total value of airdrops remains unchanged, the average earnings per account will drop to 500 USDT
By July, the average earnings per account will basically drop below 300 USDT, and profits will completely disappear

However, it is still possible to play now, and through trading competitions, the cost can be reduced to nearly 0
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According to glassnote data, the number of addresses holding more than 10 BTC has exceeded 150,000. The data in the past two years has generally been between 120,000 and 130,000. It is obvious that industry veterans have begun to accumulate coins.
According to glassnote data, the number of addresses holding more than 10 BTC has exceeded 150,000. The data in the past two years has generally been between 120,000 and 130,000. It is obvious that industry veterans have begun to accumulate coins.
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Trust BinanceFour days before the collapse of Ftx, the currency withdrawal ran away; this time Binance was fud, and what has been reported so far is not a big deal. If an industry wants to develop, there must be some great companies taking the lead. At present, Binance’s team is efficient and reliable, has principles and bottom lines, and is already very good in this industry. This time I choose to believe it and not mention the currency! !

Trust Binance

Four days before the collapse of Ftx, the currency withdrawal ran away; this time Binance was fud, and what has been reported so far is not a big deal. If an industry wants to develop, there must be some great companies taking the lead.

At present, Binance’s team is efficient and reliable, has principles and bottom lines, and is already very good in this industry. This time I choose to believe it and not mention the currency! !
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Yesterday, JPMorgan Chase, DBS Bank and SBI Digital Asset Holdings used the Aave protocol on Polygon, a second-layer scaling solution, to complete foreign exchange and government bond transactions on the Ethereum network. As a test, the banks swapped tokenized versions of Singapore government bonds for Japanese government bonds and Japanese yen for Singapore dollars. This is a sign of major industry benefits.
Yesterday, JPMorgan Chase, DBS Bank and SBI Digital Asset Holdings used the Aave protocol on Polygon, a second-layer scaling solution, to complete foreign exchange and government bond transactions on the Ethereum network. As a test, the banks swapped tokenized versions of Singapore government bonds for Japanese government bonds and Japanese yen for Singapore dollars.

This is a sign of major industry benefits.
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In the crypto winter, many on-chain data continue to decline, but some data continue to grow. For example, the second-layer gas consumption of Ethereum continues to grow, reaching a new high in October!
In the crypto winter, many on-chain data continue to decline, but some data continue to grow.

For example, the second-layer gas consumption of Ethereum continues to grow, reaching a new high in October!
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I really like the terms "proletarian intellectuals" and "question writers". There are many intellectuals who may have certain academic status and social influence, but in the final analysis they are just mediocre people with "knowledge but no insight". The concept of "question maker" is similar. In essence, they lack the ability to perceive the truth and can only output standard answers. But unfortunately, the truth in the world is often not a standard answer, and there is no standard answer. Judgment is important.
I really like the terms "proletarian intellectuals" and "question writers". There are many intellectuals who may have certain academic status and social influence, but in the final analysis they are just mediocre people with "knowledge but no insight". The concept of "question maker" is similar. In essence, they lack the ability to perceive the truth and can only output standard answers. But unfortunately, the truth in the world is often not a standard answer, and there is no standard answer. Judgment is important.

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With the implementation of EIP-4844 in the future, there is still a lot of room for Ethereum L2 fees to decrease. In the next cycle, Ethereum L2 will be one of the most important participants in the entire encryption ecosystem. The airdrop interactions of currently leading projects such as Arbitrum, Op, and Zksync are all worth doing.
With the implementation of EIP-4844 in the future, there is still a lot of room for Ethereum L2 fees to decrease. In the next cycle, Ethereum L2 will be one of the most important participants in the entire encryption ecosystem.

The airdrop interactions of currently leading projects such as Arbitrum, Op, and Zksync are all worth doing.
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Interest rate hike in November In the early morning, the Federal Reserve raised interest rates by 75 basis points as expected. U.S. stocks fell sharply. Nasdaq fell 3.36%. Cryptocurrencies fell slightly. The interest rate meeting was dovish. The market generally expected the last interest rate hike at the end of the year to be 50 basis points. The current interest rate is 3.75 -4%, and it should be 4.35-5% by the end of the year. According to the current trend, interest rate hikes will definitely continue next year. U.S. think tanks generally expect to stop raising interest rates by the second quarter of next year, but this depends on subsequent CPI data and the economy and employment. Condition.
Interest rate hike in November

In the early morning, the Federal Reserve raised interest rates by 75 basis points as expected. U.S. stocks fell sharply. Nasdaq fell 3.36%. Cryptocurrencies fell slightly. The interest rate meeting was dovish. The market generally expected the last interest rate hike at the end of the year to be 50 basis points. The current interest rate is 3.75 -4%, and it should be 4.35-5% by the end of the year. According to the current trend, interest rate hikes will definitely continue next year. U.S. think tanks generally expect to stop raising interest rates by the second quarter of next year, but this depends on subsequent CPI data and the economy and employment. Condition.
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