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can Solana will be $200 in next month
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Introducing Hyperlane (HYPER) on Binance HODLer Airdrops! Earn HYPER With Retroactive BNB Simple Earn Subscriptions

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The launch of Initia ($INIT) on Binance Launchpool presents a compelling opportunity for users to engage with a new Layer-1 blockchain project, but whether it will spark a frenzy or face overvaluation concerns depends on several factors derived from the search results:

Catalysts for Potential Frenzy
1. Binance’s Dominance in Launchpool Rewards
Binance distributed 94% of all centralized exchange Launchpool rewards in 2024, totaling $2.64 billion, with past projects like Saga (SAGA) and Etherna (ETHERNA) yielding median APYs of 11–112% and even higher returns.

2. Strategic Tokenomics and Scarcity
$INIT has a total supply of 1 billion tokens, with only 3% (30 million) allocated to Launchpool rewards and an initial circulating supply of 14.87% (148.75 million) at listing . Limited availability post-launch may amplify scarcity-driven price action,

3. Project Fundamentals
Initia positions itself as an Ethereum competitor focused on simplifying appchain development through its “Interwoven Stack,” which streamlines rollup deployment for developers . This value proposition aligns with growing demand for scalable blockchain infrastructure, potentially attracting long-term interest.
4. Trading Pair Diversity
Binance plans to list $INIT with multiple pairs (INIT/USDT, INIT/BNB, etc.), enhancing liquidity and accessibility
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($INIT Launchpool )

#WCTToken Launchpool ended today.
I recieved small amount of $WCT
Listing starting in 9 hours.
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#BTCRebound
1. We must prioritize building up our Bitcoin reserves promptly to avoid higher costs as its value continues to rise."
2. It’s crucial to acquire Bitcoin swiftly before its price increases further."
3. "We need to act quickly to accumulate Bitcoin ahead of its anticipated appreciation.
4. "Our focus should be on rapidly expanding our Bitcoin holdings before market prices escalate."
5. "Urgent action is required to stockpile Bitcoin now, before it becomes cost-prohibitive."
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#SECGuidance Binance, the world’s largest cryptocurrency exchange, is strategizing a return to the U.S. market through forged political connections with the Trump family, including discussions around investment stakes, regulatory leniency, and partnerships with Trump-linked crypto ventures . This effort aligns with its broader campaign to reduce federal oversight and secure a presidential pardon for its founder, Changpeng Zhao, while advancing mutual financial interests
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Liz Truss, the former UK Prime Minister whose brief tenure (September–October 2022) was marked by economic turmoil and political instability, has not explicitly cited Bitcoin (BTC) in the provided search results. However, her broader rhetoric and actions align with a worldview that critiques centralized power structures—a perspective often associated with cryptocurrency advocates. Here’s a synthesized analysis based on her public statements and ideological positioning:

1. Anti-Establishment Rhetoric: Truss has repeatedly blamed the UK’s “economic establishment,” bureaucrats, and institutions like the Office for Budget Responsibility (OBR) and the Bank of England for thwarting her policies. She characterized these entities as part of a “deep state” resistant to change, claiming their interests over public welfare . This aligns with the decentralized ethos of Bitcoin, which seeks to reduce reliance on traditional financial and governmental systems.

2. Populist Alignment: At the 2024 CPAC summit in the U.S., Truss positioned herself as a populist fighting against centralized power, sharing a stage with far-right figures like Steve Bannon and Nigel Farage. Her critique of “quangos” and the “administrative state” mirrors libertarian arguments for decentralized alternatives like cryptocurrencies .

3. Policy Parallels: Truss’s short-lived economic agenda—unfunded tax cuts, deregulation, and a rejection of fiscal scrutiny—reflected a desire to diminish state control. While she did not directly endorse Bitcoin, her emphasis on reducing government intervention in markets resonates with cryptocurrency proponents who view BTC as a means to bypass centralized financial systems .

4. Blame-Shifting Narrative: After her resignation, Truss attributed her downfall to systemic opposition rather than policy failures, was “not given a realistic chance” to enact reforms. This narrative of battling entrenched power structures could indirectly frame tools like Bitcoin as vehicles
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#WoTD 20-11-24
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