The crypto world is buzzing with major updates from Binance. The SEC has concluded its investigation, and CZ is set to be released from prison next month, ready to announce his next 100x project. Binance's $BNB chain volume dominance has surged by 6000% since June.
Here’s a breakdown of what’s happening and why you should pay attention👇🧵
Key Developments:
▫️ On July 11, SEC officially concluded its investigation into Binance's stablecoin issuer;
▫️ A few weeks ago, a US judge dismissed charges against CZ, and he's expected to return in the upcoming months;
▫️ $BNB chain volume and dominance have been steadily growing since June.
The SEC’s decision marks a pivotal moment for the crypto industry and Binance in particular. With these developments, Binance and the entire $BNB ecosystem are poised for rapid growth after CZ's return in Q3-Q4 2024. Insiders are already betting big on $BNB, with its dominance growing daily.
You still have time to check out these promising alts before they potentially pump 100x👇
Promising Altcoins:
▫️ $HOOK
- Protocol: @HookedProtocol
- Description: World's first Web3 social learning platform, transforming over 10M users.
- Price: $0.57
- Market Cap: $96M
▫️ $FET / $ASI
- Protocol: @fetch_ai
- Description: AI lab building an open, permissionless, decentralized machine learning network with a crypto economy.
- Price: $1.27
- Market Cap: $3.2B
▫️ $ID
- Protocol: @SpaceIDProtocol
- Description: BNB-based domain protocol similar to Ethereum ENS.
- Price: $0.46
- Market Cap: $306M
▫️ $EDU
- Protocol: @opencampus_xyz
- Description: Decentralized platform backed by Binance, addressing key challenges in the education sector.
- Price: $0.71
- Market Cap: $236M
▫️ $AI
- Protocol: @SleeplessAI_Lab
- Description: Web3 AI gaming platform aiming to revolutionize the gaming industry.
- Price: $0.56
- Market Cap: $110M
▫️ $TRB
- Protocol: @wearetellor
- Description: Transparent and permissionless oracle protocol for smart contracts.
- Price: $73.55
- Market Cap: $190M
▫️ $ALI
- Protocol: @real_alethea
- Description: Development of community-driven, secure, adaptive decentralized infrastructure for tokenized AI Systems.
- Price: $0.01
- Market Cap: $67M
▫️ $THETA
- Protocol: @Theta_Network
- Description: L1 DePIN blockchain and decentralized infrastructure for Video, AI & Entertainment use cases.
- Price: $1.50
- Market Cap: $1.5B
▫️ $GRT
- Protocol: @graphprotocol
- Description: Indexing protocol for querying data for networks like Ethereum and IPFS, powering many DeFi and Web3 applications.
- Price: $0.20
- Market Cap: $1.9B
▫️ $POND
- Protocol: @MarlinProtocol
- Description: Open protocol providing high-performance programmable network infrastructure for DeFi and Web3.
- Price: $0.0017
- Market Cap: $137M
▫️ $PHA
- Protocol: @PhalaNetwork
- Description: Execution Layer for Web3 AI, enabling tamper-proof and unstoppable AI Agents.
- Price: $0.12
- Market Cap: $94M
With these developments, Binance's influence in the crypto space is set to expand even further. Keep an eye on these promising altcoins as they may see significant growth in the near future.
