Why do I have a feeling everything will crash after halving? I pray not. 🙏
But I think, in anticipation of that, and hopeful prevention of massive sell-off, Binance launched Megadrop ahead of halving to force participants to lock their $BNB for a longer period. Although it says it's optional, but you get less rewards if you don't opt the Locked Products.
Secondly, the first project they are launching is #BounceBit a $BTC restaking platform similar to EtherFi for $ETH which means this is another hopeful attempt to lock your #Bitcoin and prevent sell-offs.
So what's in it for you and the whales? If small players lock their BNB or BTC, while the whales will dump their holdings, you will see right before your eyes a new bloodbath unfolds while your assets are locked. Then afterwhich once panic kicks in, you will be forced to sell your assets late after the massive dumping of whales. When all of you are too late to dump, then that's the time the whales will begin restocking fresh supplies from you at very low prices.
This is not a prediction, just some wild thoughts going through my mind. I hope I am wrong and BTC will simply continue to pump for the sake of our alts.
But anyways, while the possible retaliation of Israel to Iran still looms, and a possibility of Bitcoin crash, I am diversifying some of my assets into Gold or Oil trading for now until the crypto market settles down. Enough of these scam coins on Launchpool, and now on Megadrop. Though I still plan to farm on Launchpool using some FDUSD to keep the peace of mind.
Wish you success and more profits as always my dear crypto traders!
Please quote this post if you want instead of cooy-pasting or rewriting it using AI. Thanks! @futurbnk