Congratulations to BNB for successfully reaching ATH. Since the last time I had a deep discussion about the BNB price increase with a passerby in the square, he kept reiterating that compared to BTC, BNB's price increase is insignificant. If I remember correctly, BNB was around 600+ at that time, and his argument was that holding BNB would never be a relief in this lifetime. Now that BNB has reached 1000, he has been slapped in the face, and it hurts.
I remember that the lowest point was close to the liquidation price, which should have been around 200, and then he was crazily FUDing BNB. I argued fiercely at that time, saying that BNB has launchpool, has Hodler, and even has Megadrop, all of which are positive factors for BNB. Moreover, the series of activities from the low point to the high point is enough to increase your BNB by nearly 50%. Considering the BNB bought at 200, it could be an increase of up to 7.5x. If we factor in Alpha and TGE, then it would be even more; none of these are not contributing to the continuous rolling of BNB. From the words of the first sister, believing in BNB, BSC chain, apart from NFT and Gamefi, which cannot be saved by the trend, BNB truly has no regrets towards anyone.
BNB is awesome! Give a shoutout to Brother Xianyu 🥳
一只咸鱼想翻身
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Congratulations to BNB for successfully reaching ATH. Since the last time I had a deep discussion about the BNB price increase with a passerby in the square, he kept reiterating that compared to BTC, BNB's price increase is insignificant. If I remember correctly, BNB was around 600+ at that time, and his argument was that holding BNB would never be a relief in this lifetime. Now that BNB has reached 1000, he has been slapped in the face, and it hurts.
I remember that the lowest point was close to the liquidation price, which should have been around 200, and then he was crazily FUDing BNB. I argued fiercely at that time, saying that BNB has launchpool, has Hodler, and even has Megadrop, all of which are positive factors for BNB. Moreover, the series of activities from the low point to the high point is enough to increase your BNB by nearly 50%. Considering the BNB bought at 200, it could be an increase of up to 7.5x. If we factor in Alpha and TGE, then it would be even more; none of these are not contributing to the continuous rolling of BNB. From the words of the first sister, believing in BNB, BSC chain, apart from NFT and Gamefi, which cannot be saved by the trend, BNB truly has no regrets towards anyone.
Let me first say that I might post on Twitter later, after all, I can't express myself well in Malaysia's squares, which is quite frustrating. Besides traffic, I can't gain anything; no matter how well I speak, there are no rewards, which is very frustrating.
Personally, I won't be attracting traffic. I believe content is king; if I write well, someone will always see it, and I don't care about drawing traffic. However, the content here should be similar to that on Twitter, and I will likely post the same content on both platforms, with Twitter having English translations and Grok helping me polish it up. So if you follow me, don't worry; the content is mostly the same. Just a reminder, my analyses are an integration of my understanding and are not absolutely correct; remember to DYOR.
Back to the market, the rise of BTC is quite weak, and ETH's upward push is feeble. Many people say that September's interest rate cut will lead to a rebound, but I personally am not optimistic about it. ETH's rise indeed surprised me, but the overall market situation is just there. I still adhere to my previous logic of dollar-cost averaging into those coins that are likely to have their ETFs approved in October, such as Sui, Pepe, and Sol. You can check for specifics yourself. Every drop is an opportunity for you to buy the dip. If you are very aggressive, you can go long at support levels and short at resistance levels. We are currently in a volatile market, and there are still some opportunities to profit, but remember to only play with small contracts and not let it affect your main positions.
The SOON Foundation is established to promote the SVM ecosystem project on Solana
According to Mars Finance, the SOON Foundation has been officially established, aiming to promote the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and to implement the vision of 'Super Adoption Stack (SAS)'. The foundation focuses on ecological acceleration, transparent governance, secure management, and strategic cooperation. It plans to host global hackathons, launch an enterprise-level toolkit, and collaborate with multiple universities for research. SOON was founded by former executives from Solana and Optimism and is supported by well-known investors such as Celestia, AltLayer, and Coinbase Ventures.
Farcaster: WCT airdrop rewards have been distributed to some users
BlockBeats news, on May 16, Farcaster's official social media announced that it has distributed WCT airdrop rewards to some users.
According to community reports, only a very small number of users received this airdrop, with a single address receiving 14.5 WCT, approximately worth 7 dollars.
Initia: 93% of airdrop tokens have been claimed, currently about 3.4 million INIT awaiting claim
PANews, May 16 - The airdrop claim for the full-chain Rollup L1 network Initia will close at 18:00 Beijing time on May 24, 2025. Currently, 93% has been claimed, with approximately 3.4 million $INIT tokens remaining.
Trump announces that the U.S. will unilaterally set new tariffs
According to Deep Tide TechFlow, Trump stated at a meeting with business executives in the UAE that the United States will unilaterally set new tariff rates for many trading partners, rather than reaching agreements with all trading partners. Washington will impose new tariffs in the next two to three weeks.
Update on the Zero Maker Fee Activity for ARS, BRL, and ZAR Spot Trading Pairs
This is a general announcement, and the products and services mentioned here may not be applicable in your region. Dear user: Binance will regularly review its limited-time promotional activities. Binance will update the zero maker fee activity for ARS, BRL, and ZAR spot trading pairs at 08:00 (UTC+8) on May 23, 2025: Main Update: Starting from 08:00 (UTC+8) on May 23, 2025, standard maker fees will apply for all users trading ARS, BRL, and ZAR spot trading pairs. Details of fee structure after the update: Spot trading pairs User type