Unicorn Channel

Everyone should pay attention to coin $CAKE , its price is very reasonable right now

Coin $CAKE is the entire ecosystem of BSC, do not underestimate it

No matter what people say, but this product at this point must be jumped on, don’t miss it, Mr. CZ is actively supporting it again

The BSC ecosystem will explode again, so don’t underestimate it
Whether little or much, allocate a little capital through it
It is the coin that will save many brothers who are hesitating

I have been continuously DCA-ing into Cake for a year now
Everyone can consider riding the wave of the BSC ecosystem

$CAKE
#LAYEROnBinance #cake #CAKEtoken #Binance #UnicornChannel

314$ 🥲

PI price is the consensus of users I see many people say so. I will give the consensus price on Binancae community 🥲

This poll may not be the correct PI price when listed on the exchange, but it can also partly know the price the community wants

This is a small poll to see the opinion of the community
#pi #Binance #UnicornChannel #PIOnBinanceYesOrNo

$ID is starting to feel quite solid with the domain project

We all should consider and allocate a bit of capital
To avoid losing a fairly stable position

The goal is to hold for the medium term in the next 3-5 months, and the price may fluctuate between $2.7 - $3.5

In fact, making any assessment right now carries risks, but this one seems quite reassuring as Web 3 is becoming widespread

Currently, various projects and platforms are entering the race, so competition is becoming increasingly fierce

Ultimately, now is the time for potential projects; only users can evaluate and make investment decisions

$ID we can consider allocating a bit

$ID
#Binance #id #UnicornChannel #Web3

Gm

Today (August 8), the focus of the Crypto community is on the latest developments related to the lawsuit between Ripple (XRP) & SEC (US Securities & Exchange Commission).$XRP

In the latest court filing, Judge Analisa Torres issued a judgment requiring Ripple to pay a fine of $125 million - the amount that the company is expected to pay to the SEC within 30 days.

However, this fine is 94% lower than the figure that the SEC initially proposed of more than $2 billion. The case has officially closed after 4 years of lingering, when the SEC accused Ripple of conducting an illegal offering of XRP securities in 2020 & profiting $1.3 billion.

Another important thing is that the judge affirmed that XRP is not a security. This will not affect Ripple’s ability to continue selling XRP to institutional investors, which they have been doing since July of last year

Ripple’s token price has increased by nearly 20% following the court rulings in the lawsuit and a surge in trading volume. XRP has even risen to the top of Binance’s top gainers, somewhat reflecting the impact of the legal news on the project$XRP

$XRP
#Write2Win #MarketDownturn #binance #Web3 #UnicornChannel

Notes on stablecoins during volatile markets

-Most major stablecoins such as USDT, USDC, DAI have held firm during the volatile period. However, some stablecoins have also temporarily lost their pegs, although they have recovered quickly afterwards

-Names to watch include Blast native USDB, TrueUSD (TUSD). In which:

•USDB: Native stablecoin on the Blast network, backed by DAI and MakerDAO. The redemption mechanism via the Ethereum network takes more time for investors

•TUSD: Depeg ~4% to 0.96 USD then recovered. According to S&P Global's stablecoin safety assessment, TUSD only scored 4 (Weak) on a scale of 1-5 with 1 being the highest score

➡️ The largest representative of decentralized stablecoin - USDe, despite recording the largest redemption volume ever, has performed well and has not been depeg.

However, the reduced funding rate on ETH could result in less yield for this stablecoin

In short: The bear market is a necessary test for stablecoins to prove their long-term viability

Data: Coin98 Insights

$ARB $SOL $BNB
#Write2Win #MarketDownturn #binance #Web3 #UnicornChannel

The Truth Behind Meme Maker Platforms

-After the success of Pump. fun, which brought in over $80 million in revenue, there have been many projects targeting this potential market, including Moonshot and most recently Makenow. meme

-However, looking back at the data, it can be seen that Moonshot almost failed to conquer the market from Pump. fun despite the support of DEXScreener

-On the side of Pump. fun, only 1.4% of the total 1.58 million memecoins created met the capitalization requirements to be listed on Raydium. In other words, 99% of memecoins created on Pump. fun were unsuccessful

-It can be seen that the opportunities for traders on these platforms are very low.

Data: Coin98 Insight

Potential Binace Meme List

$MEME
$BOME
$PEPE
#Write2Win #MarketDownturn #binance #btc #UnicornChannel

How did Solana (SOL) rise to the 4th position in terms of capitalization?

-In July 2024, Solana once again defeated BNB - the darling of Binance to become the 4th largest crypto coin in the market. Solana also surpassed BNB in ​​terms of TVL, revenue, transaction fees, number of transactions...

-Not only that, Solana also surpassed Ethereum in terms of revenue at the end of July 2024, and also surpassed Ethereum in terms of Google searches for most of the time from July 2023 to present

-The main factors contributing to Solana's success are providing DeFi products that are suitable for the market, having an airdrop strategy, developing suitable memecoins as well as being supported by many traditional financial institutions.

-Currently Sol meme systems are elite with coins approaching bottom

-Can consider dropping some to DCA to catch the bottom of some coins that have hit bottom

$BOME
$SOL
$BNB
#Write2Win #MarketDownturn #binance #Web3 #UnicornChannel

After a stormy day, the situation today
-The market has turned green again this morning, but whether it is a scam or not, we cannot know
BTC: ~$55.7k
ETH: ~$2.5k
Total market cap: back to 2 trillion USD

-Jump Trading - the hottest name yesterday, seems peaceful today. However, Jump is still holding an amount of ETH equivalent to $150M. If Jump continues to sell, the market may shake again.

Currently, there are many rumors about Jump Trading but there has been no response from the fund representative. The crypto market may revolve around this fund story in the next few days

-FedEx cash flow
~Bitcoin ETF Spot (5/8): -$168M (BlackRock statistics not yet available)
~Ethereum ETF Spot: (5/8): +$50.7M

-Last night the US government tested money transfers 😅 when making transactions to transfer ETH to new wallets in turn
- 1st time: 0.04ETH
- 2nd time: ~300ETH
The US government wallet still owns 50k ETH (~$118M) and 203k BTC (~$10.7B)

Total liquidation in 24h is $630M, of which long positions are $375M

-The greed and fear index is at 17, we saw this number last around July 2022

Data: Coin98 Insghts $BTC $BNB $C98 #Write2Win #binance #btc #Web3 #UnicornChannel

Buy now $CAKE x20-30

This potential coin seems to be really forgotten, when there are too many new coins launched with great fanfare

This coin has fallen into a price range that can be said to be profitable to buy

$CAKE Born to complete the Dex mission that binance wants to reach

PancakeSwap (CaKe) is the first decentralized exchange (DEX) with the automatic market maker (AMM) mechanism of Binance Smart Chain - a blockchain platform operated by Binance

Currently, this coin has fallen into a reasonable price range to invest

It seems that this cryptocurrency will be less risky than the floating coins out there, when it is backed by Binance itself

This coin has a continuous burning mechanism
This coin is a super product, everyone
Allocate it reasonably to buy it so you don't have to regret sorry

$CAKE
#Write2Win #binance #btc #bnb #UnicornChannel

Overview of the reasons for the market's fear
Macro situation

-Influenced by S&P500 and Nasdaq, investors are worried that the FED will cut interest rates late and the recession will begin. BoJ will raise interest rates, the Yen will appreciate, causing the Yen carry trade to be margin called and have to recover assets

-In which, Yen carry trade is a short-term trend that exists due to the interest rate/exchange rate difference, concerns about a recession are longer-term

-Geopolitical tensions: Tensions escalate between Iran and Israel in the Middle East. Trump's presidential election victory rate drops from 75% to 55%.
Jump Trading sells ETH: Jump Trading has withdrawn 120k wstETH (worth about 500 million USD) and then converted to ETH, sent to the exchange to sell and collect stablecoins. In fact, Jump has been in action since 24/7 and has been sending ETH to Binance continuously for the past few days

-ETF cash flow: BTC Spot ETF Net -$237m, ETH ETF Net -$54m. However, a positive sign is that Grayscale's ETHE fund no longer has a discount after net selling of $2.2 billion to the market

-Supply shock: News of continuous BTC sales from the German Government (50k BTC), the US Government (currently holding 203k). A positive sign is that Mt.Gox has completed paying BTC & BCH to more than 70% of creditors. MT.Gox now holds only 46k BTC compared to the original 142k

$ETH $BNB $SOL
#Write2Win #binance #btc #bnb #UnicornChannel

Be bold and spend 30% to buy immediately on your total capital

DCA From now on, you will not regret it

Now is the fear beyond the highest level for investors

Be stubborn when the market is still skeptical and sell off and run away from the game

Here are 3 goods with 3 indispensable ideologies for this cycle

First goods: $CAKE
Preparing to create a new bottom at ~1.2, buy DCA to the new bottom price zone of 0.85

Second goods: $AI
81% decrease, can not help but buy DCA ~0.28 to buy Average price to the zone of 0.17

Third goods: $C98
Create a new bottom DCA ~0.09 to the price zone of 0.075

A lot of good sale goods at DCA prices to collect to create a position, of course, our money we must allocate properly to recreate the position

But DCA now, when else
Get on board everyone

#binance #btc #Web3 #ETH #UnicornChannel

Binance CPT Standard Market Analysis

-Basically, Binance provides a guide to evaluating crypto projects/markets according to factors

•Capital: New capital flows, macro environment, market demand...

•People: Motivation of retail investors, demand from institutional investors, market makers...

•Technology: New use cases, user-attracting utilities, developer commitment...

-This method can also be used with individual projects

-This may also be the method used by Binance to evaluate projects on Launchpad

-Launchpool or Binance list conditions

•So choosing a project to follow to invest your assets in is very complicated and requires a clear analysis strategy.

During this time, the market begins to filter so that those who are patient stay

$BTC $BNB $ETH
#Write2Win #binance #bnb #Web3 #UnicornChannel

Binance ends July and 2024 numbers

- Binance Labs invests in 26 projects, of which projects in the DeFi segment account for more than 51%, especially staking and liquid staking projects...

Among these, there are 7 projects listed on Binance including: Aevo, BounceBit, QnA3Ai, Renzo, Ethena, Memecoin, NFPrompt

- 31 projects have been listed on Binance
- 13 Binance launchpool projects, only in the first 6 months of 2024. There were no projects in July.

- In addition, there are 2 new programs for BNB holders to receive free tokens: Megadrop and Binance Hodler airdrop.

In July, Binance also performed the 28th BNB burn with a total of 1.6M BNB burned, worth about $971M.
On July 29, Solana surpassed BNB to become the 4th cryptocurrency by market capitalization, but now the position has returned to BNB

$BNB $BTC $ETH
#Write2Win #binance #bnb #Web3 #UnicornChannel

Is It Okay To Buy The Dip Now?

Warren Buffett's Strategy

-Buy the Dip is a common term in the Crypto market, a popular "bottom-fishing" strategy, investors buy an asset after its price has dropped sharply with the expectation that the price will increase again in the future. hybrid

-This strategy is based on the view that the market will recover after short-term price drops and that buying at low prices will bring high profits when prices rise again

-However, every strategy will have certain risks, users need to keep in mind when implementing

1. Technical analysis

2. Follow the news

3.Consider the fundamentals

4.Risk management

The Buy the Dip strategy is not always profitable. There is no guarantee that the price will increase again after a decrease. The market may continue to decline, leading to losses for investors

$BTC $SOL $BNB
#Write2Win #binance #Web3 #btc #UnicornChannel

Is DCA Okay Now?

Answering this question is quite difficult, but according to past data, starting from August are important milestones for growth.

But there is no standard effective method for reasonable allocation, but DCA to average prices is the most reasonable.

Currently there are a number of coins that can allocate an amount of capital to DCA

No.1
$CAKE Dex System (Is the project behind Binance)

No. 2
$ID Web3 domain name project's recent sales force is quite strong

Number 3
$AI Sleepless AI is revolutionizing the gaming world with its Web3 and AI application game platform

These are a small number of projects you can refer to for reasonable allocation, control your cash flow properly to invest in potential future projects.

#Write2Win #binance #btc #Web3 #UnicornChannel

Which Ecosystem Will Explode In 2024-2025

The Poll is for reference purposes

$BNB $ETH $SOL #UnicornChannel

FOMC at 1:00 a.m. on August 1, 2024 (2 more hours)

In the last 4 times, FOMC increased 3 times and decreased 1 time
(Decreased at the time the German government sold Bitcoin)
Currently, the FOMC still keeps interest rates at the same level
5.25% - 5%. The highest level in 23 years and maintained since July 2023

Interest rate decision meeting on August 1: Expected to keep interest rates unchanged, possibly opening the possibility of cutting interest rates in September if inflation continues to move closer to the Fed's 2% target

- PCE recently increased 2.5% in June, down from a 2.6% increase in May.
- Since March, annual inflation has increased only 1.5% per month, 0.5% lower than the Fed's 2% target.
- Another measure that excludes food and energy prices (core PCE) is at 2.3%, close to the Fed's 2% target

=> Since the PCE announcement on July 26, with current inflation near the 2% target, the Fed has reason to keep interest rates unchanged, because inflationary pressure has gradually decreased and does not threaten economic stability. .
If inflation continues to decline and stabilize below the target level, the Fed may consider cutting interest rates in the future to stimulate economic growth.
At this time, the USD decreased in value -> Switched to riskier assets to seek profits -> Bitcoin or something was chosen -> Price increased.
But you also need to pay attention to transferring BTC to the US

Source: Virtual Money Blog
$BTC $ETH $BNB
#Write2Win #binance #btc #bnb #UnicornChannel

$HOOK Web3 Potential Now

Hooked Protocol is a project in the SocialFi segment, so to speak, the SocialFi segment will have a great potential to become a new trend of the market.

HOOK is the main token of the project, can be used for purposes such as, Participate in voting for project governance decisions, Use as gas fee for transactions in applications on the ecosystem, Have the right access limited edition NFTs....

$HOOK
Current capitalization ~$90 million
Total supply ~168M/500M
The current price ~$0.54 has decreased quite a lot compared to the price at the beginning of this year

Capitalization and project foundation compared to other projects are quite stable

Therefore, currently no money has been pumped into this project. For that reason, it is likely that there will be an injection in the near future.

In my opinion, whether this project is long or short term is very reasonable and feasible

Allocate cash flow appropriately and carefully check the project and then spend money to optimize your profits

$HOOK
#Write2Win #binance #btc #bnb #UnicornChannel