Binance Labs' massive investment project Initia is launching in spot trading; is it worth getting in? Read this article to understand.
As mentioned earlier: Binance Launchpool's 68th project, the modular interoperability star Initia, is set to officially launch on April 24 at 19:00 (Hong Kong time). Many people are unfamiliar with this project; past reports have only touched on it briefly, mentioning that Binance has invested heavily, and the project team has a history from the original LUNA, which was involved in modular L1+L2, but there hasn't been a detailed introduction until now.
1. What is the INIT (Initia) project mainly about? What are its strengths? In summary, Initia has created a modular blockchain operating system that allows developers to build chains as easily as stacking blocks, and enables users to transfer across chains as simply as sending a WeChat message. The goal is to eliminate blockchain "fragmentation" and "user-unfriendly operations."
The cryptocurrency market must have strong regulation. Otherwise, retail investors will always be exploited.
龚有柴GongYouchai
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If Chinese digital currency and virtual currency can achieve interconnectivity, it will truly usher in a new era! Today, both the virtual currency and Chinese digital currency sectors performed strongly, collectively rising sharply. Tonight, the opening of the U.S. stock market for digital currency is also expected to be lively; I hope it won't decline.
This is a mess with the harvesting, it was originally meant to give relatives permissions, but unexpectedly the permissions were made public🤫
史莱姆-Vibe
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A picture circulating all over the internet, a crypto friend made 100u by exploiting a certain exchange for over 100,000u, and those who directly withdrew u were shut down. Some exchanged it for sol.bnb and withdrew it directly.
The issue with the Bitget exchange highlights a problem: the lack of regulation is always the biggest risk. Retail investors find it difficult to protect their rights. Blaming the problem on a bug is very far-fetched; such a basic mistake could not have gone live without testing. This is clearly an internal function and is linked to the account #bitget .
Everyone with spare money can buy some Trump coins in spot trading, it has dropped from 83 to 7 dollars. Personally, I think there will at least be a 2-3 times rebound, with a chance to go above 20. Tomorrow, a bunch of Trump coins will be unlocked, and there will be a large amount of panic selling, then at this low point, a lot of people will likely sell. Once the retail investors have sold off enough, I personally think Trump will pump the price again, after all, this is the coin he issued as president. If it goes directly to zero, that would mean he has no vision. If you double your money with Trump coins, take it and don’t be greedy.
Then you should buy the spot goods quickly, watching you get buried, I smile without speaking.
假死的币勒
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The project party $OM is preparing to repurchase. Previously, it dropped and the long position was based on the belief that the project party wouldn't run away. Can it go up this time?