The Cardano (ADA) network has announced a strategic plan to withstand the threats that quantum computing may pose in the future. This proactive approach aims to ensure the security and robustness of its blockchain against potential technological advances that could compromise current cryptography. Key points of the plan: ⢠Advanced research: Cardano is investing in studies on post-quantum cryptography to anticipate potential vulnerabilities. ⢠Protocol updates: Improvements are being developed in the protocol to incorporate security mechanisms resistant to quantum computing.
Cardano (ADA) has recently experienced a notable increase in its price, reaching $0.74 USD, which represents a 7.5% increase in the last 24 hours.
Factors driving this increase: 1. Announcement of the Strategic Cryptocurrency Reserve in the U.S.: President Donald Trump has signed an executive order to create a strategic cryptocurrency reserve, including Bitcoin, Ethereum, XRP, Solana, and Cardano. This initiative aims to position the United States as a leader in the crypto sector and has generated an increase in the value of these currencies. 2. Growth of the Cardano network: An increase in network activity and user participation has been observed, reinforcing confidence in the Cardano ecosystem.
Current ADA data: ⢠Current price: $0.74 USD ⢠Market capitalization: $25.98 billion USD ⢠24-hour trading volume: $814 million USD
This increase in the price of ADA reflects the growing adoption and confidence in Cardano's blockchain technology. It is expected that, with government initiatives and the ongoing development of the network, Cardano will continue its upward trend in the cryptocurrency market. $ADA #BNBChainMeme #CardanoPredictions
đ´ Trump signs executive order to establish a strategic Bitcoin reserve đ´
đ¨ The President of the United States, Donald Trump, has signed an executive order to create a strategic Bitcoin reserve, aiming to position the country as a leader in the world of cryptocurrencies. ďżź
đĄ Key points of the initiative: ⢠Comprehensive audit of digital assets: It is estimated that the government holds around 200,000 bitcoins confiscated in legal proceedings. ďżź ⢠Sale prohibition: The bitcoins in this reserve cannot be sold, serving as a permanent store of value. ďżź ⢠Funding without affecting taxpayers: The reserve will be funded with confiscated bitcoins, with no impact on the public budget. ďżź
đ Market impact: Following the announcement, the price of Bitcoin experienced a significant surge, surpassing the $100,000 barrier for the first time. ďżź
đ Implications: This measure reinforces the Trump administration's commitment to the crypto sector and could attract more institutional investors to the market. ďżź
đť Share your opinion on this initiative and how you think it will affect the future of cryptocurrencies. đ #TONRally $TON
đš What is the APR on Binance and how does it affect your investments? đš
If you've ever seen the term APR in Binance Earn or in investment products, let me explain it simply.
đĄ APR (Annual Percentage Rate) = Annual Percentage Rate It is the estimated return you can earn in a year on your investment, not including the effect of compound interest.
đ Quick example: If you invest $100 in a product with an APR of 10%, after one year you would earn $10 in interest. But if you reinvest the interest (compound interest), your actual gain would be higher.
đ Difference between APR and APY ⢠APR: Does not include compound interest. ⢠APY: Includes compound interest, which can increase long-term earnings.
â Use the APR to compare investment opportunities and maximize your returns.
đŹ Do you have questions about how to take advantage of the APR on Binance? Leave them in the comments!
đš What is APR in Binance and how does it affect your investments? đš
If you've ever seen the term APR in Binance Earn or investment products, here I explain it simply. đĄ APR (Annual Percentage Rate) = Annual Percentage Rate It is the estimated return you can earn in a year from your investment, not including the effect of compound interest. đ Quick example: If you invest $100 in a product with an APR of 10%, after one year you would earn $10 in interest. But if you reinvest the interest (compound interest), your actual earnings would be higher.
đš What is APR in Binance and how does it affect your investments? đš
If you've ever seen the term APR in Binance Earn or investment products, here I explain it simply. đĄ APR (Annual Percentage Rate) = Annual Percentage Rate It is the estimated return you can earn in a year from your investment, not including the effect of compound interest. đ Quick example: If you invest $100 in a product with an APR of 10%, after one year you would earn $10 in interest. But if you reinvest the interest (compound interest), your actual earnings would be higher.
đ´ Major cryptocurrency scam dismantled in Spain: over 3,600 victims affected đ´
đ¨ The National Police have dismantled a pyramid scheme involving cryptocurrencies in MĂĄlaga, Murcia, and Madrid, resulting in eight arrests and over 3,600 victims, most of them in Spain. The fraud amounted to more than 30 million euros through fraudulent investments in bitcoins. (cadenaser.com) đĄ How did they operate? ⢠Promises of impossible returns: They offered up to 40% profit in a month or up to 300% in a year. ⢠Fake online platform: They attracted investors through the internet and social media, showing a legal facade.
đ´ Major cryptocurrency scam dismantled in Spain: over 3,600 victims affected đ´
đ¨ The National Police have dismantled a pyramid scheme involving cryptocurrencies in MĂĄlaga, Murcia, and Madrid, resulting in eight arrests and over 3,600 victims, most of them in Spain. The fraud amounted to more than 30 million euros through fraudulent investments in bitcoins. (cadenaser.com) đĄ How did they operate? ⢠Promises of impossible returns: They offered up to 40% profit in a month or up to 300% in a year. ⢠Fake online platform: They attracted investors through the internet and social media, showing a legal facade.
đ´ Major cryptocurrency scam dismantled in Spain: over 3,600 victims affected đ´
đ¨ The National Police have dismantled a pyramid scheme involving cryptocurrencies in MĂĄlaga, Murcia, and Madrid, resulting in eight arrests and more than 3,600 victims, mostly in Spain. The fraud amounted to over 30 million euros through fraudulent investments in bitcoins. (cadenaser.com)
đĄ How did they operate? ⢠Promises of impossible returns: They offered up to 40% profit in a month or up to 300% in a year. ⢠Fake online platform: They attracted investors through the internet and social media, presenting a legal façade. ⢠Pyramid scheme: Initial profits were paid with money from new investors, collapsing when they tried to recover their capital.
đ How to protect yourself from these scams? ⢠Be wary of high returns: If it sounds too good to be true, it probably is. ⢠Verify legality: Ensure that the entity is authorized by official bodies. ⢠Avoid pyramid schemes: Be suspicious if they ask you to recruit new clients for more profits.
Invested $1000 in XRP at $2.73, Now Down to $350: Should I Hold or Move On?
I initially invested $1000 in XRP when the price was $2.73, but my investment has now dropped significantly to $350. Iâm struggling to understand the reasons behind this sharp decline and would appreciate insights. Should I hold onto my XRP, or is it time to explore other opportunities?
The 600M GMT Buyback & BURNGMT Initiative: A Game-Changer for Community Growth
The GMT ecosystem has introduced a bold new initiative called the BURNGMT Initiative, designed to transform its tokenomics and empower its community. This ambitious plan underscores the team's long-term vision and commitment to sustainability. Hereâs an in-depth look at its key elements and potential impact.
đĽ Why Participate in the BURNGMT Initiative?
At the heart of this initiative is a plan to burn 600 million GMT tokensâvalued at $100 millionârepurchased from early allocations for advisors, team members, and investors. This demonstrates GMT's dedication to creating a community-driven and equitable ecosystem. By participating, you can:
Contribute to Scarcity: Reducing the token supply could increase the value of GMT over time. Earn Rewards: A reward pool of 100M GMT will be distributed among participants who take part in the voting process. Be Part of History: Play an active role in a pivotal moment of GMTâs evolution and its community-driven growth.
đ How the Voting and Burning Process Works
The BURNGMT Initiative relies on a transparent, community-centric voting mechanism:
Token Locking Period:
Between November 21, 2024, and January 20, 2025, the 600M GMT tokens will be locked in the GMT DAO, ensuring transparency.
Community Voting:
Participants lock their GMT tokens and vote on whether the 600M GMT tokens should be burned.
Reward Pool Distribution:
A reward pool of 100M GMT will be distributed among voters based on the amount of GMT they lock.
This process highlights GMTâs commitment to decentralization, transparency, and fairness.
đ The GMT Ecosystem and Key Partnerships
GMT powers a robust ecosystem of innovative platforms and products, including:
STEPN: A lifestyle app with over 6 million global users. STEPN GO: Combining fitness and gamification through blockchain technology. MOOAR: A leading NFT trading platform designed for user simplicity. DOOAR: A cross-chain decentralized exchange (DEX) for seamless transactions.
Collaborations with renowned brands like Casio, ASICS, and Adidas further solidify GMT's presence, bridging blockchain with real-world applications.
đ Why Burning 600M GMT Tokens Matters
This proposed burn has significant implications for GMT's tokenomics and market position:
Enhanced Scarcity:
Reducing circulating supply strengthens GMTâs value proposition and boosts demand.
Improved Distribution Model:
Reallocating early allocations creates a more community-focused and equitable token distribution.
Increased Investor Confidence:
A reduced supply, paired with ecosystem growth, results in a more appealing and sustainable tokenomics model.
đ How to Join the BURNGMT Initiative
Participating in this transformative event is straightforward:
Prepare Your GMT Tokens:
Purchase and hold GMT tokens in a compatible wallet.
Register for Voting:
Visit the GMT DAO platform during the lock period (Nov 21, 2024 â Jan 20, 2025) to register.
Cast Your Vote:
Lock your tokens and vote on whether to burn the 600M GMT tokens.
Claim Your Rewards:
After voting concludes, claim your share of the 100M GMT reward pool based on your locked tokens.
đ Why This Initiative Matters
The 600M GMT Buyback & BURNGMT Initiative is more than just a token burnâitâs a testament to trust, transparency, and GMT's commitment to decentralization. This initiative empowers the community, strengthens GMTâs market position, and sets the stage for sustainable growth.
đ Take Part in This Historic Event
Donât miss the chance to actively shape GMT's future while earning rewards. By participating, youâll contribute to a transformative moment in blockchain history and enjoy tangible benefits.
What are your thoughts on the BURNGMT Initiative? Share them below!
1900% Up â New Listing Phenomenon! đ¨ Newly listed token $ME on Binance is grabbing the limelight with a staggering +1900.33% surge! After launching at a low price of 0.300, the price has jumped to 6.001, marking a historic move in just one day. The 24-hour high stands at 6.240, reflecting massive buying momentum. đĄ Key metrics to watch: ⢠Current price: $6.001 ⢠24-hour high/low: $6.240 / $0.300 ⢠Volume (USDT): $35.14M This meteoric rise shows growing interest and significant trading activity. However, caution is warranted as volatility remains high. Traders should watch potential resistance at $7,000 and support near $5,500 for any further corrections or breakouts. â ď¸ Market Insight: Early entrants are entering into large profitable trades, but the unpredictable nature of new entries makes proper risk management crucial. Stay alert for corrections or consolidation at these levels. #ME
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