Binance Square
LIVE
LIVE
koinmilyoner
Bullish
--15.5k views
How to Make $100,000 into $1 Million in 3 Cryptocurrencies by Spring of 2024 ⭐BNB : Binance is among the largest centralized cryptocurrency exchange and BNB coin has a strong use case. ⭐AltLayer : AltLayer is an open and decentralized protocol for rollups ⭐Nabox: Nabox is a Multi-chain DID Gateway to Web3. 🟢BNB If you're looking for a centralized cryptocurrency exchange, Binance is one of the best options. When trading on Binance, you may pay the fees using the BNB (BNB-USD) currency. Bonus levels and reduced fees are also available to customers whose BNB coin holdings above a certain threshold. 🟢AltLayer AltLayer rollups are decentralized and open. AltLayer uses restaking to increase rollup security, decentralization, interoperability, and crypto-economic rapid finality (in any rollup stack like OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.). The AltLayer native utility token, ALT, is needed for the following operations: Economic stake: ALT token and restaked assets will form an economic bond. If damaging behaviors are uncovered, this stake may be cut. ALT token holders may vote in elections. AltLayer operators may get ALT tokens for protocol use. Intra-network services need ALT tokens, which are protocol fees. AltLayer's restaked rollups include three key components: AVS—Actively Validated Service—is essential because it lets operators examine rollup sequencer states and blocks and raise fraud-proof issues. MACH allows operators to restore Ethereum-based assets to support rollup state claims, speeding up rollup finality. Create an economic decentralized sequencing system using SQUAD. Decentralized sequencing eliminates short-term liveness, low MEV, rent extractions, and other rollup issues with a single sequencer. 🟢Nabox For Web3, there is Nabox, a cross-chain DID app. Whatever the use case, it enables users to manage assets across many blockchains, whether it DeFi, GameFi, NFTs, or something else entirely. The platform's DID system is built on top of an asymmetric cryptographic method. #ALTrestaking $ALT #nabox #BNB⁩

How to Make $100,000 into $1 Million in 3 Cryptocurrencies by Spring of 2024

⭐BNB : Binance is among the largest centralized cryptocurrency exchange and BNB coin has a strong use case.

⭐AltLayer : AltLayer is an open and decentralized protocol for rollups

⭐Nabox: Nabox is a Multi-chain DID Gateway to Web3.

🟢BNB

If you're looking for a centralized cryptocurrency exchange, Binance is one of the best options. When trading on Binance, you may pay the fees using the BNB (BNB-USD) currency. Bonus levels and reduced fees are also available to customers whose BNB coin holdings above a certain threshold.

🟢AltLayer

AltLayer rollups are decentralized and open. AltLayer uses restaking to increase rollup security, decentralization, interoperability, and crypto-economic rapid finality (in any rollup stack like OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.).

The AltLayer native utility token, ALT, is needed for the following operations:

Economic stake: ALT token and restaked assets will form an economic bond. If damaging behaviors are uncovered, this stake may be cut.

ALT token holders may vote in elections.

AltLayer operators may get ALT tokens for protocol use.

Intra-network services need ALT tokens, which are protocol fees.

AltLayer's restaked rollups include three key components:

AVS—Actively Validated Service—is essential because it lets operators examine rollup sequencer states and blocks and raise fraud-proof issues.

MACH allows operators to restore Ethereum-based assets to support rollup state claims, speeding up rollup finality.

Create an economic decentralized sequencing system using SQUAD. Decentralized sequencing eliminates short-term liveness, low MEV, rent extractions, and other rollup issues with a single sequencer.

🟢Nabox

For Web3, there is Nabox, a cross-chain DID app. Whatever the use case, it enables users to manage assets across many blockchains, whether it DeFi, GameFi, NFTs, or something else entirely. The platform's DID system is built on top of an asymmetric cryptographic method.

#ALTrestaking $ALT #nabox #BNB⁩

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@koinmilyoner

Explore More From Creator

Analyst Expects Bitcoin To Reach $156,000 By May 2025 Its price swings keep investors intrigued by Bitcoin. However, Cryptorphic, a notable crypto analyst, says the future may be better than recent falls imply. The historical halving underpins Cryptorphic's projection. The quantity of Bitcoins for mining new blocks halves every four years. This decreases the quantity of new coins, which may raise their price. His research of historical halvings shows a remarkable tendency. Bitcoin's price soared 8,300% after the 2012 halving. The second half in 2016 showed a smaller but still significant 288% growth. The 2020 halving caused a 540% increase in a year. After the fourth halving in April, Cryptorphic anticipates a 130% price increase next year. This costs between $115,000 and $156,000. Despite the bright forecast, the research admits short-term volatility. Bitcoin has dropped 5% from its high. However, Cryptorphic finds the “inverse head and shoulders” pattern, signaling a price breakout. A broader market view The analyst presents opposing views. Others are more cautiously optimistic about the immediate future. They recognize shrinking negative situations and think the market may turn positive sooner than Cryptorphic predicted. Bitcoin market cap $1.3 trillion. TradingView.com chart This indicates more growth until 2025, although both experts stress the necessity of risk management. Bitcoin has risen 144% in a year. With increases surpassing Ethereum and 58% of the top 100 crypto assets, it has performed admirably. This large gain shows the asset's market strength and investor confidence. Bullish momentum is seen when the asset trades above its 200-day simple moving average. High liquidity and a large market value boost investor interest. #btc70k #altcoins #EarnFreeCrypto2024 #BlackRock $BTC
--
Coin and AI use in El Salvador might boost GDP 10-fold El Salvador's GDP might tenfold with Bitcoin and AI adoption, according to ARK Invest's Cathie Wood. She termed the country an AI and BTC “oasis”. If Nayib Bukele's Bitcoin and AI adoption strategy continues, ARK Invest CEO Cathie Wood thinks El Salvador's GDP may grow tenfold in five years. In a May 28 X article, Wood said that President Bukele's desire to make the country an oasis for the Bitcoin and AI communities, two of the largest economic and technological revolutions in history, might tenfold GDP growth. President Bukele's ambition to make El Salvador into an oasis for the bitcoin and AI communities—two of the largest economic and technological revolutions in history—is why I think its actual GDP might grow 10-fold in five years. Wood and US economist Art Laffer met with President Bukele to discuss El Salvador investment potential. The discussion focused on Bitcoin's capital market adoption, AI, and tax policy. Bitcoin supporter Stacy Herbert and ARK Invest research associate Marc Seal attended. Wood posted on her X account that El Salvador's GDP is $30 billion and the average monthly salary is $450. She said that President Bukele knows the Laffer Curve and Art Laffer can see several possibilities to expand on his tax incentives' momentum. The Laffer Curve tax theory suggests an inverted U-shaped connection between tax rates and government tax income, according to Investopedia. The best tax rate for an economy is at the top of the inverted U. World Bank statistics shows that the country's GDP was $32.4 billion in 2022, up 30% since Bukele assumed office in June 2019. If this reached $300 billion, the country's GDP would match Romania, the Czech Republic, and Chile. Introduce ARK Educate's tech innovation curriculum Wood said that El Salvador's president jumped at the chance to introduce ARK Educate's curriculum on technology enabled innovation to schools. These include robots, energy storage, AI, blockchain, and multiomics. #btc70k #ETHETFsApproved #altcoins #ARK $BTC
--
⭐Can Cardano (ADA) Recover? Examining Its Recovery Potential⭐ Cardano (ADA) touched $0.4520 after reversing gains. ADA must remain above $0.450 to rise again. ADA is battling to get over $0.4750. The price is below $0.460 and the 100-hour SMA. ADA/USD broke above a bearish trend line with resistance at $0.4570 on the hourly chart. The pair may rise if it closes over $0.4620. Cardano Price Tests Support Cardano has fallen in recent sessions after failing to break $0.4750 barrier. ADA fell below $0.4620 and tested $0.4520 like Bitcoin and Ethereum. The price is consolidating losses after a $0.4516 low. A modest recovery wave occurred over $0.4550. ADA/USD broke above a bearish trend line with resistance at $0.4570 on the hourly chart. The pair challenged the 23.6% Fib retracement of the latest fall from $0.4743 swing high to $0.4516 low. Cardano is below $0.4620 and the 100-hour SMA. Resistance at $0.4960 is imminent on the upside. The 50% Fib retracement of the latest slide from the $0.4743 swing high to the $0.4516 low is approaching $0.4620, the first resistance. The next hurdle may be $0.4750. A closing above $0.4750 barrier might spark a powerful surge. In this situation, the price may reach $0.50. More increases might lead to $0.5250. More ADA losses? If Cardano fails to break $0.4620 barrier, it may continue to fall. Near $0.4520 is immediate downside support. Near $0.4460 is the next important support. A drop below $0.4460 might challenge $0.4320. Near $0.420 is the next important support. #cardano #ada $ADA #EarnFreeCrypto2024 #altcoins
--
XRP Daily Payment Volume Exceeds 2 Million Transactions, Up 350% According to a Messari analysis, the XRP Ledger (XRPL) made significant development in Q1 2024. Activity on the decentralized public blockchain, which transfers XRP, fiat currencies, and other digital assets, is high. XRP Ledger Burn Rate Slows Due to Low Fees In Q1 2024, XRP, the native token of the XRPL, became the sixth biggest cryptocurrency by market capitalization at $34.1 billion (now $29M). XRP's circulation market value grew 1.3% QoQ despite a price drop. By burning transaction fees, the XRPL deflates. XRP's 100 billion token supply falls due to this procedure. Take charge at RAZE Sports and Casino. Daily cash backs and free spins. Join and Play! About 12 million XRP have been burnt since the XRP Ledger began. Q1's low burn rate was due to the network's low transaction fees (less than $0.002). Each month, Ripple receives 1 billion XRP from escrow, with any unused tokens deposited in new contracts. Until the remaining 45 billion XRP becomes liquid, deflationary pressure from burnt fees will mostly effect supply. XRP grew 14.8% year over year, but it fell 0.1% QoQ, behind the crypto market's 63.0% growth. The inscription-driven transactions propel XRPL daily payments. The paper notes that the XRPL's income is determined by total network fees, which are burnt to redistribute wealth from transaction fee spenders to XRP holders. Network activity increased 37% QoQ for active addresses and 113% for transactions. Many XRPL transactions were made, popularized in early 2023. About 45,000 inscription-related accounts submitted over 30 million transactions to one account. Messari said inscriptions, enabled by XRP Script, drove the 350% QoQ increase in daily payments to 2 million transactions. #altcoins #XRP #Ripple $XRP #ETHETFsApproved
--
Semler Scientific and Mt Gox whale actions cause Bitcoin long-term investors to re-accumulate With $40 million BTC investment, Semler Scientific emulates MicroStrategy. However, Mt Gox has not started compensating consumers after $9.6 billion BTC payments over multiple addresses. Spot BTC may be driving the bull market as long-term holders re-accumulate. Bitcoin temporarily fell below $70,000 on Tuesday after Semler Scientific and Mt Gox made whale movements. Key on-chain information from Glassnode illuminate the market's present status. Recent BTC actions by Semler Scientific and Mt Gox upset market. Health-tech company Semler Scientific said on Tuesday that it has embraced Bitcoin as its principal reserve asset after buying 581 BTC for $40 million, including fees and expenditures. "Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and compelling investment," stated chairman Eric Semler. Bitcoin's deflationary architecture, institutional acceptance following spot Bitcoin ETF approval, outsized gains, and digital gold story were other factors in Semler's BTC Treasury choice. "After studying various alternatives, we decided that holding Bitcoin would be the best use of our excess cash," he stated. The departure from MicroStrategy's playbook has boosted Semler's shares by 36% in 24 hours. Wu Blockchain said that Mt Gox sent around 141,000 BTC worth $9.6 billion to multiple addresses on Tuesday as it began refunding investors. Many worry that the refund would cause customers to dump their tokens and crush BTC's price, but the business hasn't started reimbursements using BTC or digital asset sales. "I believe MtGox is OK. There is no immediate bitcoin sale, but the trustee is shifting money to a new wallet in preparation for the distribution this year "Mark Karpeles, former CEO. Mt Gox's user repayment may temporarily lower BTC due to sell-side pressure. #btc70k #MicroStrategy #BlackRock $BTC #MtGox
--

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs