Category Archives: Binance
Altcoins to Look Out For in 2023: Binance, Solana, and The Latest Meme Coin Caged Beasts | Mint – Mint
Cryptocurrency investment has gained immense popularity in recent times, and with Bitcoin (BTC) halving approaching soon, the ROI potential of altcoins seems to be on the rise. Three Major Altcoins that have captured the attention of crypto investors and enthusiasts alike are Binance Coin (BNB), Solana (SOL), and the newest meme coin in the crypto arena,Caged Beasts (BST).
Cryptocurrency investment has gained immense popularity in recent times, and with Bitcoin (BTC) halving approaching soon, the ROI potential of altcoins seems to be on the rise. Three Major Altcoins that have captured the attention of crypto investors and enthusiasts alike are Binance Coin (BNB), Solana (SOL), and the newest meme coin in the crypto arena,Caged Beasts (BST).
The standout feature of investing in Binance Coin (BNB) lies in its exceptional growth potential. Since its inception in 2017, BNB has witnessed remarkable expansion, cementing its position as one of the most successful cryptocurrencies in the market.
The standout feature of investing in Binance Coin (BNB) lies in its exceptional growth potential. Since its inception in 2017, BNB has witnessed remarkable expansion, cementing its position as one of the most successful cryptocurrencies in the market.
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BNB boasts a multitude of applications, augmenting its value and appeal among investors. It serves as a means to pay trading fees on the Binance exchange, with BNB holders enjoying discounted rates. Moreover, BNB serves as a gateway to acquiring other cryptocurrencies within the Binance ecosystem and even facilitates payments for select goods and services. With its high liquidity, Binance Coin ensures effortless buying and selling transactions.
The price of BNB received support around the $308 level. As a result, the bullish momentum allowed the price to rebound and reach the $315 level. However, it is important to note that the price is currently encountering significant bearish pressure, with the bulls being rejected at the $315 level.
Solana (SOL) has emerged as a prominent contender in the pursuit of lower transaction fees, capturing significant attention and resulting in a surge in active addresses on its network. Recent data from The Block has unveiled a remarkable 113% increase in the number of daily active addresses on the Solana blockchain.
When assessed on a month-over-month (MoM) basis, Solana witnessed substantial growth, with a total of 7.72 million active addresses recorded in April. What's even more intriguing is that, with around two weeks remaining in May, the chain has already surpassed 7 million active addresses.
In the month of May, Solana witnessed a significant surge in its user base, with the creation of an impressive 4.19 million new addresses. This remarkable increase surpassed the number of new addresses added to the network in April, which stood at 3.76 million.
The growing number of new addresses on the Solana network signifies a rising interest and adoption of the platform. Users are increasingly recognizing the benefits and advantages offered by Solana, leading to an influx of new participants eager to be part of its vibrant ecosystem.
This surge in new addresses reflects the growing confidence and trust in Solana as a blockchain network. With its efficient infrastructure and lower transaction fees, Solana has positioned itself as a top contender in the cryptocurrency space, attracting a significant number of users seeking a seamless and cost-effective blockchain experience.
In the realm of cryptocurrencies,Caged Beasts (BST) shines brightly with its innovative concept of "Caged Liquidity." This distinctive community token sets itself apart by securely locking up funds, fostering transparency, and setting it apart from its counterparts. Caged Beasts has a paramount objective of revolutionising the finance industry through decentralisation, striving to liberate itself from the constraints akin to caged beasts.
Caged Beasts (BST) brings a revolutionary approach to the world of cryptocurrencies by offering unparalleled transparency. Unlike other tokens, it allows every participant to observe the stringent lock-up of funds, ensuring a high level of trust and integrity. With 75% of the funds raised securely caged until the release date, the ecosystem operates in a controlled and safeguarded manner.
With a strong focus on decentralization and breaking free from the limitations of traditional finance, this community token aims to reshape the industry. The Plot, Pre-Sale, and Release stages lay the groundwork for an extraordinary transformation led by a diverse cast of powerful and captivating characters.
With active community engagement, transparent tokenomics, and a robust roadmap, Caged Beasts Coin invites investors and enthusiasts to join the revolution and be part of an exceptional decentralized ecosystem that challenges the existing norms. Don't miss out on the opportunity to embark on this exhilarating journey from its very inception.
Sign up now to secure your spot in the upcoming pre-sale, and together, let's reshape the world of finance and unleash the true potential of decentralized technology.
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The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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Binance is banking big on M&A and VC deals – TechCrunch
The worlds largest crypto exchange by volume, Binance, is making big bets on M&A this year, paying particular attention to geographical gaps and customer base. And to help the exchange get there is the companys chief business officer, Yibo Ling.
He joined Binance nearly seven months ago, after stints at Bird and Uber. Lings role at the company focuses on VC investments, strategic M&A and business development. And theres a lot to look at there; Binance Labs, the exchanges VC arm, has a portfolio valued at about $9 billion right now, Ling shared. Thats well in excess of 10x return.
I sat down with Ling at Consensus 2023 to learn more about Binances focus for investments, layer-1 blockchains, geographical and product growth for the business, among a ton of other things.
(Editors note: This interview has been edited for length and clarity.)
I know you just started recently, but what are the profitability metrics that Binance looks at as its north star? What are the most impressive or important metrics? And how has performance been?
In my role as chief business officer, I dont primarily focus on operating the exchange, I focus on the deal work that we do. So all the outbound VC investments that focus on strategic M&A, bringing in capabilities to the core exchange I focus on our commercial business development relationships. So Im probably not the right person to talk about that but yeah, the business seems pretty healthy. Clearly the market has meaningful impact, but the business is doing quite well.
When you look at VC investments and strategic M&A, what areas is Binance focusing on and most interested in?
Our VC arm, we call that Binance Labs, and the mission there is really this notion that a tide lifts all boats. So the investments that we do are basically across the board. Thats why its actually good for me to be in places like this [at the conference], because there are so many projects, working on different things. And we very generically invested in almost everything. So let me get more specific in that, but we also invest upstream and downstream.
So we invest in the growth stage, we invest in early stage, seed and [Series] A. Our preference and our focus is on seed and [Series] A going early stage, because thats where we think we can add the most value. But all of that is just to zoom back to the broader thing that were focused on from Labs perspective. We think that theres just so much potential for growth, for disruption, for improvement in many aspects of how people go about their lives. And so that can be enabled by web3 and blockchain technology. And so, ROI and return metrics are important for us there on that side of the house. The value of our portfolio is around $9 billion right now. Thats well in excess of 10x return. Again, mostly in the early stage, some in later-stage investments.
For the most part, we dont exit our investments because were able to buy and hold them really, really long term because of the mission. At this point we have probably over 200 portfolio companies on every continent other than Antarctica. We also have incubation, not just sort of direct investments. And so about a quarter of those portfolio companies come out of our incubation programs.
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Binance’s exit and Bank of Canada’s digital loonie discussions: How they impact Canadian crypto – Financial Post
Even in a crypto winter, the Canadian cryptocurrency landscape remains in flux. On May 12, Binance, the worlds largest crypto exchange, announced it was pulling out of the country because it didnt agree with new regulations put in place by the Canadian Securities Administrators. That came just days after the Bank of Canada said it was pushing ahead with an investigation of whether to create a purely digital version of the Canadian dollar. The Financial Posts Barbara Shecter unpacks what the moves mean for Canadians and the crypto industry and what comes next.
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Cryptocurrency advocates around the world have resisted rules set by authorities, and criticized Canadas regulators from the get-go for what they saw as a stifling of innovation. They argued that the whole point of cryptocurrencies such as bitcoin is to remove the middleman whether thats a banker or a regulator. Thats because the backbone of these digital currencies, known as the blockchain, is supposedly a self-policing technology. In its purest form, everyone on the blockchain can see every transaction. Its been compared to millions of cameras pointed at the same tree in the forest when it falls, all those cameras see it and it cant be changed after the fact.
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Regulators have authorized 11 so far: Bitbuy Technologies Inc., Bitvo Inc., Coinberry Ltd., Coinsquare Capital Markets Ltd., Fidelity Clearing Canada ULC, Fidelity Digital Assets Services, Netcoins Inc., Newton Crypto Ltd. Simply Digital Technologies Inc. (CoinSmart), VirgoCX and Wealthsimple Digital Assets Inc.
Coinbase, the largest crypto exchange in the United States, says it signed a pre-registration undertaking, or PRU, with Canadian regulators. Photo by Leon Neal/Getty Images
In addition, San-Francisco-headquartered Coinbase, the largest crypto exchange in the United States, says it signed a pre-registration undertaking, or PRU, with Canadian regulators on March 24, and is committed to working with Canadian regulators to comply with a regime that protects consumers while embracing innovation. Kraken, another large San Francisco-based crypto exchange, is also understood to be working with Canadian regulators with an eye to becoming authorized to do business with Canadians.
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The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press
There couldnt be many in Ontario as both Binance and FTX were forced to wind down accounts after tangling with the OSC in 2021 and 2022. However, there are some Binance clients in other provinces that were slower to regulate. Binance isnt saying much about whats happening with them, other than that they have received emailed information directly from the company, which it declined to share. Regulatory sources say these accounts are to be wound down and that this will be tracked by the watchdogs. There may also be some clients in Canada whose accounts cant be traced to this country because they are using something called geo-blocking technology to disguise where they live. The same VPN technology is used by some people to watch television services that arent available in their home country. FTX is no longer operating after a run on assets held by the platform revealed a shortfall of funds and the company entered bankruptcy proceedings in the United States.
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Platforms that are willing to register with regulators across the country, including signing pre-registration undertakings before they are even given the nod by regulators such as the OSC or Alberta Securities Commission, will be able to operate. But they will have to comply with a raft of added rules to ensure safe custody of crypto assets and the segregation of customer assets from those held or managed by the platforms. They may also have to comply with existing rules for securities that arent traditionally associated with cryptocurrencies, such as derivatives. The only way around this would be to get an exemption from a provincial regulator, and that doesnt seem to be in the cards at the moment.
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Binance Decides To Leave Canada, Citing Regulatory Issues Related to Stablecoins and Investor Limits – The Daily Hodl
The worlds largest crypto exchange by volume says that its leaving Canada due to issues with the nations regulations on stablecoins and investor limits.
In a new announcement, Binance says that it will be joining other prominent crypto-focused firms and leaving the Canadian marketplace.
According to Binance, Canadas new regulatory measures that seek to protect investors render its marketplace no longer tenable.
Today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace
Unfortunately, new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. We put off this decision as long as we could to explore other reasonable avenues to protect our Canadian users, but it has become apparent that there are none.
In February, the Canadian Securities Administration (CSA) created new guidelines indicating that the regulatory body may view stablecoins as securities and/or derivatives.
Binance says it may one day return to Canada once more appropriate regulations are in place.
While we do not agree with the new guidance, we hope to continue to engage with Canadian regulators aimed at a thoughtful, comprehensive regulatory framework. We are confident that we will someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets.
Earlier this month, Bloomberg reported that the Justice Department isinvestigating Binance Holdings to see whether or not the firms crypto exchange violated sanctions against Russia.
Generated Image: Midjourney
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Binance-WazirX exchanges relationship clarified after long row; implications for WRX token price – FXStreet
WazirX exchange has finally clarified its relationship with Binance, sayingthe largest crypto exchange by trading volume controlsthe WRX token.
The India-based exchange also noted that Binance conducted the initial exchange offering (IEO) for its ticker, WRX, with confirmations that the Changpeng Zhao (CZ)-led firm kept all sale proceeds from the IEO.
Also Read: Ledger fights customers' "betrayal" claims; could restore increased faith in CEXs like Binance
The feud came after Binance stopped offering wallet services to WazirX with demands that the Indian exchange removes its assets from Binance. The matter escalated to Binance declaring the termination in a blog post. At the time, the leading exchange said the move resulted from WarziX's owner, Zanmai Labs, making misleading statements concerning their relationship.
This prompted an ultimatum from Binance:
Retract the statements and continue using the wallet services or end the partnership.
From Binance's point of view, Zanmai's response was unsatisfactory, leading to the termination of the partnership.
The two then set a February 3, 2023 (23:59 UTC) deadline to resolve the issue, which entailed Zanmai pulling funds from the WazirX operation accounts. Binance also allowed Zanmai to arrange the withdrawal of any remaining assets.
WazirX has revealed new revelations to end the long row between the Indian firm and Binance. The news came in a Twitter announcement on the exchange's official account, bringing clarity to contentious aspects of the debacle that has lasted months.
Based on the announcement, Binance controls and manages the wallets that hold locked and released WRX tokens and determines when these tokens are released in line with the WRX Release Schedule. The Indian exchange has supported the claims with a list of wallet addresses showing that Binance currently holds 580.78 million locked and unlocked WRX tokens.
Reportedly, from these unlocked tokens, Binance moved 11.68% of its WRX token holdings (116.8 million WRX tokens) to a treasury account on Binance.com in four different transactions spread across different dates. This marked the last burn event for the October-December 2021 quarter. In this burn series, the flagship exchange burned 9,633,333 WRX, equivalent to 47 Crores INR ($6 million) during the seventh burn event.
Moreover, the WazirX team, assured of never receiving any token allocations, said that Binance is responsible for the quarterly burn of WRX tokens. Notably, Binance has not performed the quarterly burn of WRX tokens for the past five quarters beginning January 2022.
WazirX proceeded to disclose details of the pending burns, indicating the number of WRX to burn in individual periods.
It should be noted that token burning in cryptocurrency is the process of permanently removing existing tokens from circulation by storing them in a dead wallet that is never accessed.
The strategy helps combat inflation risk while creating an environment for the value of the remaining tokens to appreciate. The hallmark of token burning is "less supply = high demand."
The two exchanges have been at odds for months, and with the new development, WRX holders hope that the new settlement presages a calm period for the exchange, with anticipations that WRX tokens will start to pump.
At the time of writing, WazirX (WRX) price is $0.125, a daily drop of around 5%. Nevertheless, the altcoin is up 0.5% in the lower timeframe. This points to a possible trend reversal in the WRX market after the latest development as the $0.120 support level has come to play.
WRX/USDT 1-hour chart
As shown in the one-hour timeframe (above), WRX is close to a previous swing low, from which it bounced around May 12 in tandem with the Relative Strength Index (RSI). With sufficient bullish momentum, WazirX price could pivot around this level to initiate a recovery. Traders could place the stop loss below $0.120.
Considering the RSI is currently hinting at a possible upward move, WazirX price could also rise. Notice, also, the buy signal, which would be confirmed once the RSI crosses above the signal line (yellowband), also favoring the upside.
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New Rival to Binance (BNB) and Helium (HNT) Could Surge 100x … – Blockchain Reporter
Amongst hundreds of cryptocurrencies available in todays market, Helium (HNT) and Binance (BNB) have become average performers and posted modest gains. However, a new Altcoin Tradecurve (TCRV) which is currently in its presale is expected to rise 3,000% and has many experts excited about its potential growth.
>>BUY TRADECURVE TOKENS NOW<<
Helium (HNT) was recently delisted from the Binance network. It caused volatility in Helium (HNT) tokens value. The incident also halted Helium (HNT) from achieving its goal of spreading the adoption of IoT combined with blockchain technology applications. However, the announcement of Heliums (HNT) transfer to Solana (SOL) is anticipated to help the platform achieve its goal.
The Helium (HNT) community also detected the need for a new architecture for its Layer 1 blockchain last year. The community voted for a network upgrade through Heliums (HNT) migration to Solana (SOL). Thus, the transition has been useful for the Helium (HNT) network. However, the Helium (HNT) token price hasnt gained much as it stands at $1.79, which is a 2.74% decline within a day.
Binance (BNB) has come into association with the crypto-friendly nation of Brazil. The Binance (BNB) platform will help the Brazilian Football Confederation to build and launch its own NFTs. Thus, Binance (BNB) has enabled increased fan engagement and attracted new clients for the sports platform.
Binance (BNB) released a statement that said NFT is aimed to introduce fans to greater technology that will improve their match experience. Binance (BNB) also plans to create a gamified experience for fans by enabling them to bet against their favorite team or player. Winners will access tickets and prizes, and pay a lower transaction fee on Binance (BNB) network. These perks might cause a rise in Binance (BNB) token prices. However, Binance (BNB) is currently trading at $320.82, which is a slight boost within the past 24 hours.
Tradecurve.io is a new revolutionary trading platform that combines the best elements from decentralized and centralized exchanges. With tradecurve users are able to trade; cryptocurrencies, stocks, forex and commodities all from one account whilst maintaining full ownership over their crypto assets and encryption keys.
Tradecurves exchange allows users to connect their wallets, deposit crypto, and start trading without the need to complete strenuous KYC requirements. With the platforms permissionless and decentralized capabilities many experts predict that tradecurve.io could become one of the largest trading exchanges within the next 2 years.
TCRV is Tradecurves native currency which offers users a seamless and efficient way to trade multiple asset classes, using leverage with complete anonymity.
The Tradecurve token is currently in its first presale stage, and is trading at $0.01. Industry insiders predict the price to surge by 3,000% before the presale finishes. For investors who like to buy into cryptocurrency projects early, Tradecurve.io could be the perfect opportunity for you to maximize your crypto returns in 2023.
More Information About Tradecurve Pre-Sale Here:
Website: https://tradecurve.io/
Presale: https://app.tradecurve.io/sign-up
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New Rival to Binance (BNB) and Helium (HNT) Could Surge 100x ... - Blockchain Reporter
Binance Listing Welcomes Floki Inu And PEPE: Could Big Eyes … – The Coin Republic
The world of cryptocurrency is once again buzzing with excitement as the trend of meme coins Floki Inu continues to soar to new heights. Despite the inherent risks, many daring investors are willing to jump in for the tantalizing potential rewards.
Now, in a bold move, Binance the largest cryptocurrency exchange on the planet has thrown its hat into the meme coin ring by adding not one, but two of the hottest new tokens to its innovation zone: Pepe (PEPE) and Floki Inu (FLOKI). This has left many wondering if Big Eyes Coin (BIG) will be next.
Cat-themed sensation Big Eyes Coin (BIG) is on fire. This meme coin has posted some seriously impressive presale numbers that have left its competitors green with envy. With a whopping $35 million in sales, Big Eyes Coins presale has made history in the crypto world.
And the good news keeps on coming there are still just under thirty days left, and the presale is set to end with a bang. By offering an impressive 300% bonus on BIG tokens when using the promo code END300
Pepe Coin (PEPE) runs on Ethereums network and has taken the financial world by storm, all thanks to its origin story: the iconic Pepe, the Frog meme that rocked the internet in the early 2000s. Riding on the coattails of other meme currencies like Dogecoin and Shiba Inu, Pepe Coins native token, PEPE, boasts an in-built deflationary mechanism, keeping its token supply limited and preventing pesky price fluctuations.
Investors and traders cant seem to get enough of this cultural phenomenon, as Pepe Coin recently witnessed a jaw-dropping price surge that has caught the attention of the masses. Get ready to hop aboard the Pepe Coin train and join the wave of excitement around this meme-based currency.
Floki Inu has landed on the American branch of Binance, and its causing quite a commotion. Within just 24 hours of its listing, Floki saw a jaw-dropping 55% spike in value, leaving its market cap at a whopping $410 million a number not seen since February 2022.
With Big Eyes Coins irresistible offers and fantastic presale results, its no wonder this meme coin is the talk of the crypto town. Get ready to join the Big Eyes Coin hype train and dont miss out on this historic opportunity.
Presale: https://buy1.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
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Binance Listing Welcomes Floki Inu And PEPE: Could Big Eyes ... - The Coin Republic
Terra Classic Project Burns 2 Billion LUNC Tokens, Overtaking … – CoinGape
Terra Classic new project DFLunc, gaining popularity for its massive LUNC burn mechanism, has burned almost 2 billion LUNC tokens in two weeks. The DeFi protocol was launched in April to deflate LUNC circulating supply more rapidly by burning billions of tokens. With the massive LUNC burn by the protocol, the total LUNC burn has now surpassed 58 billion.
Binance burned 1.27 billion LUNC as part of its monthly LUNC burn mechanism on May 1. Until now, Binance has burned 31.83 billion LUNC tokens.
DFLunc on May 16 took to Twitter to share that it has burned 2 billion LUNC, overtaking Binances 1.27 LUNC burn. The Terra Classic community burned almost 2 billion LUNC through DFLunc Protocol as it begins to attract attention. The DeFi protocol consists of multiple smart contracts to deflate LUNC supply through a continuous burn mechanism.
DFLunc Protocol is also a validator for Terra Classic that allows users to mint its DFC token only by burning LUNC tokens. It utilizes two smart contracts based on CosmWasm DFLunc and CW20-DFC. Users burn LUNC by paying USTC as protocol fees to mint DFC tokens. Staking more through the validator burns more LUNC by the DeFi protocol.
The protocol has divided its plan into different stages that ultimately aimed toward the growth of its validator on the Terra Classic chain.
As per the transactions seen by CoinGape Media, the protocol is still burning LUNC through its contact address. The total burn by the community has now reached over 58 billion LUNC tokens.
Also Read: Bitcoin (BTC) Price At Inflection Point, Big Move Happening In Cardano (ADA)
Terra Classic core developerJoint L1 Task Force (L1TF)prepares for v2.0.1 Upgrade as the community successfully passed Proposal 11511. The Terra Classic blockchain will halt at block 12,812,900, estimated on May 17 at 17:11 UTC. It is followed by the Cosmwasm 1.1.0 Parity upgrade on May 31.
As GoinGape earlier reported, the upgrade includes several critical features such as a minimum initial deposit for governance proposals that will prevent spam, upgraded Cosmos SDK and Tendermint, and enhanced code maintainability.
LUNC price jumped 1% in the last 24 hours, with the price currently trading at $0.000090. The 24-hour low and high are $0.000088 and $0.000091, respectively. Furthermore, the trading volume has increased significantly in the last 24 hours, indicating a rise in interest among traders.
Also Read: Binance Adds New PEPE, SUI Margin Pairs; Popular Analyst Predicts Another Rally
Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Terra Classic Project Burns 2 Billion LUNC Tokens, Overtaking ... - CoinGape
Uwerx (WERX) Has Huge Potential to Pump Better than Binance … – Techpoint Africa
Meta Description: Discover the groundbreaking potential of Uwerx (WERX) as its presale skyrockets, positioning itself as a compelling alternative to Binance Coin (BNB). With its innovative features, Uwerx is revolutionizing the freelance landscape and captivating investors seeking exceptional opportunities.
A promising newcomer has emerged, capturing the attention of investors and enthusiasts alike. Uwerx (WERX), a rising star in the crypto sphere, has generated significant buzz with its recent presale, hinting at an unparalleled potential that could surpass even the mighty Binance Coin (BNB).
With its explosive growth and compelling features, Uwerx presents a unique case as the superior choice for discerning investors seeking substantial returns. Lets delve into the reasons behind Uwerxs meteoric rise and explore why it may overshadow Binance Coin (BNB) in the near future.
Binance Coin (BNB): Empowering the Binance Ecosystem and Beyond
Binance Coin (BNB) is driving the Binance ecosystem the biggest cryptocurrency exchange in the world by trading volume. The token is a flexible utility that makes it simple for users to pay transaction fees, participate in token sales, and send money online.
Binance is a popular option for experienced investors looking to maximize their earnings because it rewards its loyal users with discounts of up to 25% when they use Binance Coin (BNB) to cover their trading fees. Users can also use the exchanges cutting-edge support services to trade or earn yield with preferred cryptocurrencies.
Binance Coin (BNB) has experienced a slight 0.17% rise in price over the past seven days. However, it dropped by 1.22% in the last 24 hours. Currently trading at $323.03 per BNB, there are 155,861,564.631 BNB in circulation. Market analysts predict that Binance Coin (BNB) has the potential to reach $507.01 by Q1 2024.
Uwerx (WERX): Transparent, Rewarding, and Secure
Uwerx is rewriting the rules of the freelance landscape, introducing an innovative blockchain-based platform that challenges traditional marketplaces.
Uwerx offers a refreshing alternative for freelancers and clients by prioritizing transparency and fair compensation. With a minimal 1% transaction fee, Uwerx ensures that more money stays in the hands of those who deserve it, fostering a thriving ecosystem.
Uwerx guarantees the protection of intellectual property rights, empowering freelancers to showcase their skills confidently. Uwerx goes further by rewarding engagement and nurturing an active, vibrant community that benefits all participants. The introduction of the Uwerx Vault allows users to store their WERX tokens and gain rewards after a fixed time.
Uwerxs journey so far has been marked by impressive milestones, with the conclusion of Stages 1, 2, and 3 of the Presale in record time, including a successful presale and industry-leading audits that ensure a secure environment for users. The platforms commitment to stability is evident through the 25-year liquidity lock, inspiring confidence among investors.
WERX has been listed on CoinSniper and will be listed on Uniswap by 1st August. The team remains unwavering in its determination to renounce contracts once the project is launched on centralized exchanges and taxes are minimized. With a growing user base of over 3,500 freelancers, Uwerx is rapidly establishing itself as the premier platform for those seeking a transformative freelance experience.
Uwerx (WERX): Fine-Tuning Success
Given increased demand and fair valuation considerations, the launch price range for WERX has been adjusted to $0.095 $0.115, reflecting the platforms commitment to equitable pricing. In a user-centric move, token allocations have been optimized to reward early adopters. The founding team has reduced their allocation from 8% to 7%, underscoring their dedication to prioritizing user interests.
Similarly, the partnership incentives allocation has been adjusted from 7.5% to 3% to align with Uwerxs goals and honor the valuable partnerships contributing to the platforms success. To drive community growth and foster engagement, the joining incentives have been increased to 6.5%, encouraging new sign-ups and bolstering the platforms vibrant ecosystem. Meanwhile, the marketing and liquidity reserve allocation remains steady at 10%.
Uwerx has streamlined its project stages to provide more user engagement opportunities. Stage 4 now boasts an increased allocation of 77,500,000 tokens, while an exciting new Stage 5 has been introduced, with an allocation of 77,500,000 tokens. These adjustments reflect Uwerxs unwavering commitment to transparency and inclusivity.
With diligent efforts underway to develop the Alpha version of the platform, Uwerx demonstrates its agility and dedication to meeting the evolving needs of freelancers and clients. These strategic modifications highlight Uwerxs ability to adapt and innovate, creating an environment that fosters growth and prosperity for all.
Dont miss out on Stage 4 of the WERX Presalean opportunity you wont want to pass up.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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Uwerx (WERX) Has Huge Potential to Pump Better than Binance ... - Techpoint Africa
Binances CZ Shares His Sentiments On Ethereums Price Rally as Ape Brigade Enthralls Investors | Mint – Mint
In recent cryptocurrency news, Ethereum has reached a new milestone by locking away 19,375,242 ETH, with a total value locked (TVL) of $27.7 billion. This is a significant achievement, especially considering the recent minor withdrawals. The implications of this milestone are noteworthy for Ethereum and its investors, as it suggests the cryptocurrency's potential for continuous growth. Following this update, Binances CEO decided to share his thoughts on this situation, and if youre a crypto enthusiast, you might want to know what he said.
In recent cryptocurrency news, Ethereum has reached a new milestone by locking away 19,375,242 ETH, with a total value locked (TVL) of $27.7 billion. This is a significant achievement, especially considering the recent minor withdrawals. The implications of this milestone are noteworthy for Ethereum and its investors, as it suggests the cryptocurrency's potential for continuous growth. Following this update, Binances CEO decided to share his thoughts on this situation, and if youre a crypto enthusiast, you might want to know what he said.
In other news, a new meme token namedApe Brigade is found making noteworthy ripples in the crypto market. What is the hype behind this meme token - is it the cute outlook? Or the utility of this token? Or is it its love for the planet in general? Why is Ape Brigade quickly becoming a popular choice among meme coin enthusiasts? Lets find out all the answers as to why this meme coin is becoming an overnight sensation!
In other news, a new meme token namedApe Brigade is found making noteworthy ripples in the crypto market. What is the hype behind this meme token - is it the cute outlook? Or the utility of this token? Or is it its love for the planet in general? Why is Ape Brigade quickly becoming a popular choice among meme coin enthusiasts? Lets find out all the answers as to why this meme coin is becoming an overnight sensation!
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Changpeng Zhao, the CEO and co-founder of Binance, recently shared his thoughts on Ethereum's historic milestone of reaching a peak in the amount of ETH locked in staking contracts. In a tweet, CZ expressed his bullish sentiment and hinted at a potential price surge for Ethereum, asking his followers, "You know what follows?" This type of price increase is typically seen when the circulating supply of a cryptocurrency decreases, often through "burning" or locking coins away. With Ethereum's increasing popularity and adoption, the demand for ETH is likely to rise, potentially driving up its price and further establishing it as a leading cryptocurrency in the market.
Ape Brigade (APES) is making waves in the cryptocurrency market as the newest DeFi meme coin to enter the presale phase. This particular token is not your average meme coin and has several exciting features that make it stand out. For one, 20% of the total supply of APES is locked to enhance its stability and liquidity. Since it is built on the Ethereum blockchain, it follows the ERC-20 token standard, and the project is also building in the NFT space, which will help draw more eyes to its causes.
In addition to these features, Ape Brigade has an incentivised staking system that rewards token holders based on the number of tokens staked and the duration of the stake. A total of 15% of the token's supply is reserved for staking rewards.
However, what really sets this cryptocurrency apart is its mission to bring together a passionate community of individuals who care about wild animals, particularly apes. Ape Brigade has reserved 10% of its supply for charitable organisations that rescue apes and wildlife, making it a meme coin with a heart and a meaningful purpose.
The entire investors market is going crazy over this new meme coin sensation, depicted in the skyrocketing numbers in the ongoing presale. So, if you wish to be a crypto investor while also doing something meaningful for the planet passively, Ape Brigade is the best choice for you!
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