Binance Square
Home
Notification
Profile
Trending Articles
News
Creator Center
Settings
LIVE
LIVE
Cryptoniteuae
Bullish
--・24.4k views
Don't Buy these 5 #Altcoins - #Dyor #Token unlocks are part of the crypto space. Vesting in principle is a good idea. However, token unlocks can also play a role in price volatility for a token. We show you the biggest unlocks in October 2023. Do you see this as an opportunity and a good entry point? 1. Axie Infinity $AXS 2. Optimism 3. Aptos APT4. ApeCoin 5. ImmutableX IMA

Don't Buy these 5 #Altcoins - #Dyor

#Token unlocks are part of the crypto space. Vesting in principle is a good idea. However, token unlocks can also play a role in price volatility for a token. We show you the biggest unlocks in October 2023. Do you see this as an opportunity and a good entry point?

1. Axie Infinity $AXS

2. Optimism 3. Aptos APT4. ApeCoin 5. ImmutableX IMA

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 1
Quote 1
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
Cryptoniteuae
@Cryptoniteuae

Explore More From Creator

No Bitcoin ETF Loans from DTCC Major financial firm #DTCC won't allow Bitcoin #ETFs. as collateral, limiting their use. This impacts loans between institutions but may not affect individual brokers. Despite this, spot #Bitcoin ETFs in the US saw strong initial inflows totaling $12.5 billion in just 3 months. However, recent outflows raise questions about their long-term viability. #cryptoniteuae
--
#Stablecoins Shine in Market Downturn: #USDT。 , #USDC Lead the Charge Despite a general market slump, stablecoins defied the odds with a 4.76% surge in April, reaching a $158 billion market cap. This unprecedented rise highlights their potential as safe havens during volatility. Tether's $USDT emerged as the champion, boasting a 70% market share and a new high of $110 billion. Notably, Hong Kong-based $FDUSD also saw a meteoric rise of 77.6% to $3.88 billion. While $USDC experienced a slowdown, other stablecoins like Ethena's USDe enjoyed significant gains. Interestingly, gold-backed stablecoins like Tether Gold (XAUT ) and Pax Gold ($PAXG ) also rose over 4%, potentially influenced by rising gold prices. Looking ahead, Stripe's announcement of resuming crypto payments with stablecoins this summer suggests further growth for the sector. Stablecoin adoption by foreign markets could be another catalyst, solidifying their position in the evolving crypto landscape.
--
#Taiwan Cracks Down on Crypto Exchange Fraud: 32 Indicted Taiwanese authorities indicted 32 individuals, including exchange founder David Pan and lawyer Wang Chen-huan, for allegedly defrauding investors of $24.5 million through a cryptocurrency token scheme. Prosecutors believe Pan and his associates promoted tokens like #MOCT and #BNAT since 2019, manipulating prices and creating fake documents to attract investors. When investors tried to withdraw funds, they were blocked. The investigation revealed over 1,200 victims and hidden funds used to purchase real estate. Pan and key figures could face 20+ years in prison, while Wang could get 12 years due to his prominent legal role. This isn't Pan's first brush with law. He's also accused of a separate $10.7 million scam involving an app used for crypto transactions. #ACE distanced itself from the accused, assuring users operations are normal and they're cooperating with authorities. #BullorBear
--
Forget the Crypto Boom, Enter the "Zombie" Coins: Forbes Calls Out XRP, ADA, LTC in $2.4 Trillion Market With a massive crypto market, not every token is thriving. Forbes identifies 20 "zombie blockchains" like Ripple ($XRP ), Cardano ($ADA ), and Litecoin ($LTC ) that keep high prices despite lacking real-world use. These "undead" tokens see continuous trading but offer little to no user benefit. Many survive on speculation and past funding, not on fulfilling their purpose. For instance, Ripple's #xrp aimed to challenge SWIFT payments but mainly relies on speculative trading, not actual network usage. Analysts say XRP's market value of $36 billion is "essentially worthless" compared to its lack of utility. Similar concerns surround Litecoin, #bitcoin Cash, and others – their value hinges more on speculation than actual use. "Ethereum killers" like #Cardano (ADA) are another concern. Despite advancements, they struggle with user adoption and developer interest. #Forbes also highlights the lack of accountability in these blockchain projects. This makes it difficult to assess their health, raising questions about "zombie coins" like Ethereum Classic, which still trades despite security breaches.
--
SEC Seeks $5.3 Billion Penalty Against Terra Founder Do Kwon According to reports, the U.S. Securities and Exchange Commission (#SEC上诉 ) intends to punish the discredited founder of the Terra ecosystem billions of dollars. As per a recent Bloomberg article, the regulatory body is pursuing Kwon and #Terraform Labs, who were found guilty of fraud during a trial earlier this month, opening the door for the possibility of the highest penalties in the history of the cryptocurrency business. According to the investigation, Kwon and Terraform gained about $4 billion by selling tokens as unregistered securities. Do Kwon was fined $5.3 billion for his alleged "brazen misconduct" in the 2022 collapse of the Terra ecosystem. As a result of his involvement in the $40 billion collapse of the #TerraLabs ecosystem, he is currently being sought by authorities for extradition to both the US and South Korea. #cryptoniteuae
--

Latest News

Bitcoin Volatility Index Hits Two-Month Low
--
Binance Market Update (2024-04-27)
--
Bitcoin (BTC) Drops Below 63,000 USDT with a 2.10% Decrease in 24 Hours
--
Hong Kong Institutions Apply for Virtual Currency Spot ETF
--
Kusama Initiates Coretime Trading, Ushering In A New Era
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie