Monero ($ XMR) is the most successful coin among those that provide complete privacy of monetary transactions. According to statistics, this cryptocurrency is the absolute and indisputable leader among such coins.
In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).
This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter.
In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).
This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter.
Why did cryptocurrencies start to grow so powerfully? Retail has begun to actively purchase cryptocurrencies.
The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors 📈
Institutional Demand + Population Demand = Crazy Bull Market
There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent 😂
The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years
The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors 📈
Institutional Demand + Population Demand = Crazy Bull Market
There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent 😂
The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years
Looking for dark horses that can still shoot in the medium to long term? It seems that Adam Cochran, a cryptanalyst, was able to find such a coin.
$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.
When comparing the two companies, it turns out that:
- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase
Wherein :
- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)
- $ FTT can be used as collateral on the exchange
- $ FTT will benefit from the FTX Insurance Fund
- $ FTT token can be staked
- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%)
$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.
When comparing the two companies, it turns out that:
- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase
Wherein :
- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)
- $ FTT can be used as collateral on the exchange
- $ FTT will benefit from the FTX Insurance Fund
- $ FTT token can be staked
- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%)
Summing up the results of the financial week:
▪️ The S&P 500 experienced a minor correction on Monday and Tuesday, but then reversed and ended the week near its highs. Investors were impressed by Biden's plans to raise taxes for the rich from 23.8% to 43.4%, but did not stop them from continuing to buy shares 🤑
▪️ Gold failed to rise above the important level of $ 1,800, but according to TA the rate is now above the downtrend line. To return to growth, the bulls should not let the price go below $ 1,760 🙃
▪️ The S&P 500 experienced a minor correction on Monday and Tuesday, but then reversed and ended the week near its highs. Investors were impressed by Biden's plans to raise taxes for the rich from 23.8% to 43.4%, but did not stop them from continuing to buy shares 🤑
▪️ Gold failed to rise above the important level of $ 1,800, but according to TA the rate is now above the downtrend line. To return to growth, the bulls should not let the price go below $ 1,760 🙃
Binance will launch its NFT platform in June. Knowing how carefully the exchange approaches the choice of areas of work, you can safely wait for a new hype in the field of NFT. Now, of course, is not the best time to select specialized projects like THETA or, for example, ENJ, but when the market stabilizes, you can make good money on them🚀🔥
Day summary, April 30
💳 Mastercard is exploring the possibility of introducing smart contracts into digital currencies of central banks.
🇹🇷 In Turkey, a ban on cryptocurrencies came into force today.
💸 USDC has printed a record 3 billion tokens today.
🌏 War of hash rates: the battle between the United States and China for blockchain supremacy.
💸 MicroStrategy reported earnings for Q1 2021 and promised to continue investing in Bitcoin.
🇺🇿 Uzbekistan plans to legalize cryptocurrency trading.
⚒ NVIDIA is preparing to release a new series of equipment codenamed LHR (Lite Hash Rate), in which it will re-introduce restrictions on the production of cryptocurrencies.
💳 Mastercard is exploring the possibility of introducing smart contracts into digital currencies of central banks.
🇹🇷 In Turkey, a ban on cryptocurrencies came into force today.
💸 USDC has printed a record 3 billion tokens today.
🌏 War of hash rates: the battle between the United States and China for blockchain supremacy.
💸 MicroStrategy reported earnings for Q1 2021 and promised to continue investing in Bitcoin.
🇺🇿 Uzbekistan plans to legalize cryptocurrency trading.
⚒ NVIDIA is preparing to release a new series of equipment codenamed LHR (Lite Hash Rate), in which it will re-introduce restrictions on the production of cryptocurrencies.
The best offer for liquidity providers on the market – 107% APY 🚀🛸
When a new DEX enters the market it does its best to attract liquidity from other protocols – and that’s why you’re lucky to be reading this post.
EmiSwap AMM DEX offers UNBELIEVABLY high rewards for liquidity miners, compensates 100% Ethereum gas fees, and distributes NFT items among LPs!
Don't pass up this opportunity. Get in early to make the best of this exciting DeFi novice.
Just visit their website and add liquidity to the protocol tonight. Mass marketing is coming!
When a new DEX enters the market it does its best to attract liquidity from other protocols – and that’s why you’re lucky to be reading this post.
EmiSwap AMM DEX offers UNBELIEVABLY high rewards for liquidity miners, compensates 100% Ethereum gas fees, and distributes NFT items among LPs!
Don't pass up this opportunity. Get in early to make the best of this exciting DeFi novice.
Just visit their website and add liquidity to the protocol tonight. Mass marketing is coming!
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⚡️ Hungry for ETH? Well, why don’t you earn it via Winz’s Level Up Adventure?⚡️
It’s not that complicated, we promise. In fact, all you have to do is play any of the fun slot games. Finding the right fit is no issue, especially since Winz.io features dozens of slots built by the market’s 16 best casino software developers.
Here’s how it works:
👉🏼 Step 1. Create your account and deposit your favourite coin.
👉🏼 Step 2. Start wagering the slot games, where every 1 EUR wager equals one point.
👉🏼 Step 3. If you’re the first to reach the 40th level, you’ll pocket a sheer 10 ETH and a commemorative NFT.
If you rank 2nd or 3rd, you’ll be splitting the remaining 15ETH.
But what if I’m not a high-volume player? No problem - you’ll receive guaranteed prizes like free spins or cash, with no applicable wagering restrictions.
⚡️ Heard enough? We’ll see you winnin’ on Winz!⚡️
It’s not that complicated, we promise. In fact, all you have to do is play any of the fun slot games. Finding the right fit is no issue, especially since Winz.io features dozens of slots built by the market’s 16 best casino software developers.
Here’s how it works:
👉🏼 Step 1. Create your account and deposit your favourite coin.
👉🏼 Step 2. Start wagering the slot games, where every 1 EUR wager equals one point.
👉🏼 Step 3. If you’re the first to reach the 40th level, you’ll pocket a sheer 10 ETH and a commemorative NFT.
If you rank 2nd or 3rd, you’ll be splitting the remaining 15ETH.
But what if I’m not a high-volume player? No problem - you’ll receive guaranteed prizes like free spins or cash, with no applicable wagering restrictions.
⚡️ Heard enough? We’ll see you winnin’ on Winz!⚡️
⚡️Friends, few people pay attention, but Pancake burns a huge amount of its tokens weekly, reducing inflation.
✖️3 May 2021 it was:
- Burned 5,143,789 CAKE ~ $ 216,966,407!
- Burned Bought back $ 7.8M CAKE from the market (trading + prediction commissions)
- Burned $ 87,500 + CAKE equivalent with auto-compound fees.
- Burned $ 280,000 + CAKE from NFT + Profiles purchases
💲PancakeSwap
- Total Value Locked (TVL) - $ 5,114,724,522 (5 yards)
- Market Cap - $ 6,128,149,429.37 (6 yards)
Something similar exists about Binance, where they spend 10-20% of their profits quarterly to buy back the BNB token from the market and then burn it. The result is impressive, BNB ~ $ 650.
❗️And yes, the price since January 2021, that is, in 4 months made x100
✖️3 May 2021 it was:
- Burned 5,143,789 CAKE ~ $ 216,966,407!
- Burned Bought back $ 7.8M CAKE from the market (trading + prediction commissions)
- Burned $ 87,500 + CAKE equivalent with auto-compound fees.
- Burned $ 280,000 + CAKE from NFT + Profiles purchases
💲PancakeSwap
- Total Value Locked (TVL) - $ 5,114,724,522 (5 yards)
- Market Cap - $ 6,128,149,429.37 (6 yards)
Something similar exists about Binance, where they spend 10-20% of their profits quarterly to buy back the BNB token from the market and then burn it. The result is impressive, BNB ~ $ 650.
❗️And yes, the price since January 2021, that is, in 4 months made x100
CryptEx is throwing $350,000 ☄️ into Staking on May, 10
What is CryptEx?
CryptEx is a B2B set of security services for Binance Smart Chain projects. CryptEx charges customers, and 50% of the fees go to its holders.
How to earn 50% of the fees?
All you have to do is stake $CRX from your wallet, and every time a client pays for CryptEx services, the stakers get 50% out of this payment. All the rewards are paid in 💰$BNB
Ask any question in the official CryptEx telegram chat 👉 @cryptexlocker
What about $100,000?
Since February 20, CryptEx provided services to 52 projects, charging them a total of over $100 000. However, staking has been released only on May 2.
After May 10, CryptEx will distribute 50% out of earned income between all CRX stakers. APY SHOULD BE ON FIRE 🔥.
Also, CRX Stakers are getting 1 000 000 DROPS (more than $250,000)during the airdrop. The snapshot will be recorded after May 10, at a random time.
Tiсker: $CRX
Max Supply: 100,000 CRX
Current Price: $36.88
FD MCap: $3,687,867
Network: Binance Smart Chain
Where to buy: 1Inch, ApeSwap, PancakeSwap V1
Join the chat: 🔥 @cryptexlocker
What is CryptEx?
CryptEx is a B2B set of security services for Binance Smart Chain projects. CryptEx charges customers, and 50% of the fees go to its holders.
How to earn 50% of the fees?
All you have to do is stake $CRX from your wallet, and every time a client pays for CryptEx services, the stakers get 50% out of this payment. All the rewards are paid in 💰$BNB
Ask any question in the official CryptEx telegram chat 👉 @cryptexlocker
What about $100,000?
Since February 20, CryptEx provided services to 52 projects, charging them a total of over $100 000. However, staking has been released only on May 2.
After May 10, CryptEx will distribute 50% out of earned income between all CRX stakers. APY SHOULD BE ON FIRE 🔥.
Also, CRX Stakers are getting 1 000 000 DROPS (more than $250,000)during the airdrop. The snapshot will be recorded after May 10, at a random time.
Tiсker: $CRX
Max Supply: 100,000 CRX
Current Price: $36.88
FD MCap: $3,687,867
Network: Binance Smart Chain
Where to buy: 1Inch, ApeSwap, PancakeSwap V1
Join the chat: 🔥 @cryptexlocker
According to Glassnode analysts, at the moment 12 percent of all ETH in circulation is on cryptocurrency exchanges. At the same time, 22.8 percent of all ethers are involved in smart contracts, that is, almost twice as much.
Judging by what is happening in the cryptocurrency network today, the gap will widen in the future.
Judging by what is happening in the cryptocurrency network today, the gap will widen in the future.
Tonight there was a special SNL comedy episode from Elon Musk.
Many were expecting some incredible $ DOGE marketing campaign from Tesla's creator. This has created an extremely unhealthy environment with high expectations.
Unfortunately, crypto traders did not like what they saw so much that they began to actively sell the meme token. Most viewers describe the release from Elon as "cringe" and "not watchable" 😂.
As the saying goes: buy rumors, sell facts 😎
Many were expecting some incredible $ DOGE marketing campaign from Tesla's creator. This has created an extremely unhealthy environment with high expectations.
Unfortunately, crypto traders did not like what they saw so much that they began to actively sell the meme token. Most viewers describe the release from Elon as "cringe" and "not watchable" 😂.
As the saying goes: buy rumors, sell facts 😎