Is TROPTIONS a Scam?

The use of Enjin’s gas-free, eco-friendly JumpNet blockchain will enable Blockster to mint and distribute all 400,000 NFTs with zero fees. In comparison, the same transactions on Ethereum would cost over $3 million in gas fees (at the time of writing).

Blockster’s waitlist has already amassed over 380,000 registrants, who are now eligible to receive Blockster’s first-ever NFT as a reward. To claim the NFT, users simply need to register for the Blockster waitlist and enter on the giveaway page.

“We are excited to work with Blockster to launch their first NFTs on JumpNet,” said Enjin CMO Deon Moh. “Gas-free NFT transactions are opening new doors for community building and engagement, and we look forward to working with Blockster as they pursue a new vision for social media in the vibrant blockchain community.”

In addition, Blockster is hosting an exclusive giveaway of five NFTs backed by 50 Enjin Coin (ENJ) each. All participants will be entered into a random drawing for the chance to win one of the limited-edition NFTs. The more actions a user completes, the more likely they are to win.

Blockster is leveraging Enjin’s NFT technology to pioneer a new community-building strategy, offering blockchain-based rewards for the completion of social actions, such as subscribing, sharing, and referring friends.

"We are excited to release the first set of Blockster NFTs in celebration of this important milestone, and provide our community with first-hand experience with NFTs. We plan to launch an NFT marketplace in the future, and we wanted to use this technology to reward our loyal user base for supporting our project since the early days," stated Lidia Yadlos, co-founder and CMO of Blockster.

Blockster launched its closed testnet in July 2021 and is actively onboarding users from its waitlist. The platform aims to become “the official space for the blockchain industry,” as well as a community for NFT trading, with an NFT Marketplace included in Stage 3 of its roadmap.

Users interested in joining the NFT giveaway and Blockster waitlist can participate at enj.in/blockster-nft.

http://thefinancialmetrics.com...ng-currency/0137511/

2018 was the year of cryptocurrency, even a 14-year-old kid can testify to that. Bitcoins overshadowed the cryptocurrency world and brought the awareness of digital money to the general public. The currency skyrocketed up to 1000% and before the end of 2018, investors were scrambling for it.

Either way, the storm is still on. Blockchain technology has proven to be ground-breaking. It has changed the way, we perform transactions. The problem is holders of cryptocurrency still struggle to use their currency in the real world. So while, cryptocurrency is becoming part of everyday life, they are yet to make their way into the real world.

The number one question Newbie’s and outsiders in the cryptocurrency space ask is: how can I spend my currency? What can you actually do with it?  Cryptocurrency is more than an investment medium. There are a new means for transacting and exchanging.

Many cryptocurrencies on the marketplace are difficult and cumbersome to use, especially for newbies. Most of them require you to register with an exchange, set down money, validate your information, and wait for 1 or 2 months before you can finally your withdraw money.  Also, slowdowns and the outages affect the marketplace.

What is the biggest reason why cryptocurrency has not become generally accepted?  It’s the usability. It seems nearly impossible to spend your cryptocurrency like a fiat currency.  It’s not like you can use bitcoins to buy apples at a local grocery store.

If we want cryptocurrency to achieve wide adoption, then we need to make it quick and easy (less techie) for people to use.

This is why troptions was created. Troptions is a cryptocurrency that can be used for real-time business transactions. The coin was originally developed in 2004 as a barter coin but became a cryptocurrency in 2016. Troptions is the next generation of cryptocurrency!

Troptions was designed, conceived and developed by business people who are fully aware of the blockchain technology and its capabilities.Troptions is a Coin know as a Proof Of Use Coin.Which means you can use it daily.

The previous generation of cryptocurrency focuses on the technical aspect of the blockchain technology which is: security, decentralization. Great! But the technical aspect of cryptocurrency adds nothing to its usage in the real world.

Troptions focuses on real-world transactions through the blockchain technology. It has bridged the gap between blockchain technologies, consumers, and businesses. Troptions enables secured B2C and B2B transactions on the marketplace.

In simple terms, Troptions allows regular customers to perform day-to-day transactions without having to convert their coins to regular currencies. The coin can be used to buy goods and services.And can also be used thur the Troptions ECO System of Merchants that now except the CryptoCurrency from it's customers.

Troptions also offers a Free University for consumers to sign up and get educated about cryptocurrency @. TroptionsUniversity.com

Troptions is a ground-breaking coin built on the blockchain technology. With troptions, you can buy, sell, and trade your coins for other goods and service's peer-to-peer or trade for other cryptocurrencies or fiat currencies through the GoldBergsXchange.com

Conclusion

One day, cryptocurrency will replace fiat money. Troptions is on a mission to replace regular money. You can call it the “The King of Coins”. It is a global currency that can be used anywhere in the world. The emergence of troptions is a one-step forward in the cryptocurrency world and the demand will increase slowly as the general public becomes aware of it. For more informations on The King Of Coins go to:TroptionsXchang.com

Media Contact: TROPTIONS1148@GMAIL.COM

For More Information: On TROPTIONS

Professional wrestlers are illusionists, performing physical theatre that leaves real welts and bruises while convincing an audience that what they’re seeing is reality.

At least that’s how Anthony “Slam Shady” Colletti sees it.

Colletti has wrestled for 25 years and is bringing that love of wrestling to Macon in the family friendly event, Heroes of the Ring, this July 24 at the Macon Arts Center.

Colletti had a non-traditional path. He went to college to be a mechanical engineer but started wrestling in his hometown of Pittsburgh, Penn. after he dropped out.

“I always loved acting,” he said, “I loved working out and I thought, how do I make money at that?”

In those early days, Colletti’s mom was more supportive than his dad. “Mom said, ‘We were gonna pay for your college, now your college is learning to be a pro wrestler. So you eat, sleep, and train to be a pro wrestler. That’s your job now,’” Colletti said.

With some help from friends, an 85-year-old gym mate, and wrestler Skandor Akbar, Colletti was able to make it as a wrestler in Dallas, Texas. He donned the ring name “Slam Shady” and has wrestled for 25 years, including stints with World Championship Wrestling (WCW) from 1999 to 2001 and World Wrestling Entertainment (WWE) from 2001 to 2006.

Colletti was living out of hotels and suitcases until it all stopped in 2020.

“Everything that I do is entertainment based and needs crowds, and no crowds were allowed to come, “said Colletti, “In just an instant, it was cut off and I went from making money to making zero money.”

Before the pandemic, Colletti was on the road anywhere from 270 to 330 days a year. But in 2020, he only wrestled six times.

“I’ve hardly wrestled at all this year too, but it is starting to pick up,” Colletti said.

As people start to venture out of their bubbles, and feel more comfortable at events, Colletti is returning to work too. He is vice president of operations and will be a featured wrestler at Heroes of the Ring Championship Wrestling this July 24.

President Bryan Stone founded Heroes of the Ring back in 2013 to not only entertain kids, but to teach them values like honor and integrity as well. The brand includes boxing, mixed martial arts, and plans for an animated series. Colletti will be part of the first wrestling show.

“There’s just so much stuff going on in our country right now that it’s starting to look a whole lot different than when I grew up, and I’m 64,” Stone said.

Colletti echoed Stone’s sentiments, “I wanted it to be something that people aren’t just excited for because it’s wrestling. They’re excited because they know they leave feeling better.”

Stone encourages people to bring their families. “It’s gonna be a lot different than the big boys,” he said, “We’re more family oriented.”

The event is scheduled for July 24 beginning with a car show at 3 p.m. with a 5 p.m. bell time for matches.

Tickets and other information about Heroes of the Ring Championship wrestling can be found on their facebook page.   HOTRCW.COM

HEROES OF THE RING CHAMPIONSHIP WRESTLING  IS POWERED BY

                                                TROPTIONSXCHANGE.COM

THE CRYPTO TOKENS YOU CAN USE TO BUY GOODS AND SERVICES!

DancingSwap Invitation Mechanism, Invite your friends now

Easy 3 steps, INVITE > HODL >EARN

Step 1

Step 2

Step 3

Invite your friends now!
https://www.dancingbanana.org/ (via wallet browser)

✅Hold 100,000,000 DANCE as One Star Ambassador and enjoy 3% of DANCE’s commission from invited friends.

✅Hold 500,000,000 DANCE as Two Star Ambassador and enjoy 6% of DANCE’s commission from invited friends.

✅Hold 1,000,000,000 DANCE as Three Star Ambassador and enjoy 9% of DANCE’s commission from invited friends.

So in the past I’ve had success buying, selling, or renting domains. Recently I purchased a couple blockchain domains. Anyone else invest in any of these with the intention of selling for a profit?

He's just spreading FUD like many others recently, because they don't want decentralized peer to peer transactions. They always want to be the intermediary third party to be in control and have everyone at their mercy and in the process charge ridiculous amount of fees on every swift, cheque, deposit /saving / checking accounts, you name it. Crypto is the evolution of money as we know it, it's inevitable.

Very interesting and accurate infographic about how #altseasons are formed. As a matter of fact we seem pretty much in phase 4 now. We had first #Bitcoin #BTC that was soaring big time followed by the second #crypto market leader #Ethereum #ETH then the latter started to outshine the first in terms of market dominance, then we saw some large cap coins like #Cardano #ADA and similar coins going parabolic which describes the path from 1 to 3. So pretty much I feel an new #altseason 2021 is coming soon.

#Vechain #VET #NFT #BCH #Polkadot #DOT #Chainlink #LINK #Dogecoin #DOGE #Tron #TRX #Stellarlumen #XLM #Ripple #XRP #Uniswap #UNI #Pancakeswap #CAKE #DEFI

Hello everyone, welcome to the YOLO community. You must read this because you don’t want to miss this new BEING RICH CHANCE! YOLO is the abbreviation that means “You Only Live Once.” WallStreetBets members establish the YOLO community. The last “GameStop incident” made us realize that being united with having common goals and consensus will allow us to SUCCEED.

The idea of establishing YOLO was generated during discussions among partners in the WSB community. The members quickly reached a consensus on ideas, so we decided to do what we wanted to do! We created a genuinely autonomous community. Specifically, we will create a 100% decentralized and fully autonomous community with no institutions, no central individuals, called “YOLO”. The main quote and idea of the community” can be described by three words like “To the Moon.” “The society aims to avoid investment institutions and do not need large companies to get involved. We only need you, who are also individuals/retail investors. At the same time, as a member of the community, as long as you have the resources, technology, or time, you can contribute to the development and promotion of YOLO and reach an agreement on the future development of YOLO.

In the early days of the establishment of YOLO, the members of the WSB community gave YOLO a lot of support, including YOLO token design and the establishment of its economic model. YOLO is a progressively deflationary DeFi token. The main idea behind it is to provide a decentralized transaction network running on multiple chains such as ETH and BSC. The maximum supply of YOLO is 100 billion (100,000,000,000), and the previous token burning is 60%. Using the form of deflation + FOMO, 6% is deducted from each transaction, of which 2% is used for holders’ dividends, and black holes destroy 2%, 2% flows into the FOMO pool (if there is no transfer between accounts within 6 hours, all rewards in the pool will be sent to the last transaction address), thereby encouraging holders to actively participate in the promotion and reduce supply. As the supply decreases, the token’s Increasing scarcity, this inverse proportional relationship constitutes a reasonable supply and demand model. In addition, to ensure decentralization and prevent institutional giant whales from monopolizing the market and controlling arbitrage, the upper limit of each account cannot exceed 500 million (the excess will not be credited on bookkeeping), and the limit for a single transaction is 100 million as maximum. The critical element of YOLO’s success depends on market volatility and the enthusiasm of the market.

However, since cryptocurrency is destined to be linked to interests, if the YOLO community wants to remain purely decentralized, there must be some rules to secure the community from such goods. Therefore, the founding “team” of the YOLO community and the members of WSB has issued the following rules:

1. The YOLO community and its encrypted tokens belong to the community members. Our main idea is only initiator or volunteer for YOLO community, and we are only responsible for establishing and operating the YOLO community and providing fair distribution and ownership opportunities.

2. The founding members of the YOLO community, like future community members, do not directly hold YOLO tokens. If they want to own YOLO tokens, they must buy them from the free market. All tokens will be distributed fairly.

3. YOLO refuses to be invested by any investment institutions.

The YOLO community welcomes anyone who supports “YOLO” community ideas and willing to grow together with the YOLO community to join, but you need to be an actual individual investor. YOLO hopes you can understand that everyone shares this community, and every YOLO member is voluntarily contributing to our goals and ideals. We believe more and more people participate in and this experiment will become more and more realistic. Mark Twain once said: “History will not repeat itself, but it will always be surprisingly similar.

Finally, the YOLO community is still in its infancy stage. We welcome these kinds of help from everyone:
1. If you are a blockchain influencer, we welcome you to discuss YOLO cooperation on your platform.
2. If you want to help the core growth of the community, such as technology development, marketing plan formulation, or help YOLO establish new media channels, then welcome to email and discuss with us. connectwithyolo@gmail.com
3. If you are the person in charge of the exchange, you are welcome to contact us to list YOLO tokens, but it should be noted that our team does not have any YOLO token quota cannot pay you any fees.

Finally, we emphasize once again quote the classic phrase, “GameStop united the country at a time when nothing else could.” (GameStop united the entire country when this country was powerless.), but this time GameStop will become YOLO. I hope again that when we will board YOLO to the moon.

Twitter：https://twitter.com/YoloSupporter
Telegram：https://t.me/ArthurYOLO
Medium：https://medium.com/@yolocustomerservice

#ElonMusk is a #crypto market manipulator by excellence. Fortunately for him, crypto is not regulated or the #SEC will be hunting him down like a rabbid dog. He knew before he invested in #Bitcoin #BTC and enabled it as a method to pay for #Tesla that it consumes hell of energy! What a Hypocrite! And I bet you after btc bottoms he will be the first to buy back the dip. He did it before with #Dogecoin #Doge and now he's doing it back again with BTC.

Biggest #crypto gainers in the last 30 days.
#shibainu #shib
#telcoin #tel
#dogecoin #doge
#ethereumclassic #etc
#bakerytoken #bake
#revain #rev

I have this feeling that we might just have entered a new #altseason guys. Fasten your seatbelt!

#Ethereum #ETH #Cardano #ADA #Polkadot #DOT #Chainlink #LINK #BinanceCoin #BNB #Vechain #VET #Tron #TRX #Stellar #XLM #Dogecoin #DOGE #Uniswap #UNI #DeFi #NFT #Crypto #Cryptocurrency

I feel a full fledged #altseason is around the corner. We have #Bitcoin $BTC dominance that keeps dropping reaching 46.3% and still falling, #Ethereum $ETH hitting new All Time Highs almost on daily basis. This could be one of the biggest #altseasons that we will witness.

YFX Token Launch Schedule: IDO - LBP - DEX

Period:May 6th-May 9th!

IDO (May 6th - May 7th)

On May 6th, YFX will start IDO (Initial Dex Offering) on 2-3 platforms （on Ethereum and Heco Chain）. Investors participating in YFX IDO need to be whitelisted in advance on the platform. The list of IDO platforms and participating tutorials will be announced in the official channels in advance. Please stay tuned!

LBP (May 7th - May 9th)

YFX token will be deployed to Balancer’s Liquidity Bootstrapping Pool (LBP) on May 7. Investors will be able to purchase YFX after opening LBP which is open to all investors. Investors participating in LBP do not need to be whitelisted. The address of LBP Pool will be announced in the official channel in advance. Platform URL: https://balancer.finance

Note: LBP uses a variation of Dutch auction and reverse auction. At first YFX token will be set at a high price and if there are no buying orders, the price of YFX token will keep decreasing with time. Please make sure you are familiar with the auction rule first!!!

Launch DEX (May 9th)

After LBP, YFX Token will be released.　YFX will Launch DEX on May 9th and investors will be able to trade freely at that time. YFX token will be fully priced by the market!

NOTE: All the information will be released in official channels!

#Bitcoin $BTC dominance is at 49.9% and #Ethereum $ETH has hit a new All Time High. Some #Alts like #Vechain $VET are recovering at a record speed from the most recent dip. All this looks like a recipe for an imminent #altseason.
#ADA #DOT #LINK #BNB #Tron #TRX  #XRP #UNI #LTC

That's massive news for the #crypto community and it should be given no lesser attention than when PayPal got into this space. What's left is for the crypto market to lift up and sees the same positive effect this had on the market when PayPal announced the same thing. Go @Venmo!

Some Coins returns over last year!

•VeChain $VET: +3,768%
•Cardano $ADA: +3,290%
•BinanceCoin $BNB: +3,058%
•Polkadot $DOT: +1,353%
•Ethereum $ETH: +1,171%
•Uniswap $UNI: +953%
•Chainlink $LINK: +875%
•Bitcoin $BTC: +728%
•XRP $XRP: +532%
•Litecoin $LTC: +406%
•Bitcoin Cash $BCH: +161%
•Gold: +3% (not impressive)
•US Dollar Index $USD: -8% (depreciation)

What a glorious day for #crypto! All green across the board!

It's indeed a new #altseason in the making!

#Bitcoin #BTC #Ethereum #ETH #Cardano #ADA #Polkadot #DOT #Chainlink #LINK #BinanceCoin #BNB #Vechain #VET #Tron #TRX #Stellar #XLM #Ripple #XRP #Uniswap #UNI #Litecoin #LTC #THETA #Filecoin #DeFi #NFT

YFX TOKEN GENESIS MINING

As of today, YFX is yet to issue its official token(as it hasn't begun trading on any exchanging platform). But it has put the needed requirement in place to start up its Genesis mining as of today.

BRIEF REVIEW ABOUT YFX

YFX is a straightforward decentralized trading platform for perpetual contracts. All assets are facilitated by smart contracts.

A smart contract is self-executing and a contract with the consensual agreement between both transacting parties written in code lines. The code and the agreements contained are left across a distributed, decentralized blockchain ledger. The code takes charge of the execution, and transactions are recorded, trackable, and not reversible

It permits the conveyance of secured transactions and agreements to be carried out among two different anonymous parties without the need for a central authority or a third party system, or external enforcement law.

All smart contract codes on YFX DEX are open sources, which have been examined by the expert establishments. Users have full control of their assets in smart contracts.

YFX-DEX Trading Principle

YFX is a decentralized smart contract trading platform is the most recent decentralized cross-chain trading platform which underpins numerous blockchains including Ethereum, TRON, Binance Smart Chain(BSC), Huobi Eco (HECO) Chain, OKEX Chain, and Polkadot. Through the specialized technical plan, for example;

•Reasonable value quotation
•QIC-AMM
•Constrained liquidation
•Trading charges
•Traders being able to utilize any token on Ethereum, TRON, Binance Smart Chain, Huobi Eco Chain, OKEX Chain, and Polkadot, including ETH, TRX, USDT, USDC, WBTC, utilized as an edge to open long or short positions.

YFX is such decentralized in that everyone can partake in its liquidity vote mining

Liquidity mining is naturally performed by YFX's smart contracts with an open capital pool that expands each client's energy for mining and actuates each client's worth creation.

YFX GENESIS MINING

YFX GENESIS mining is scheduled to start today March 2, 2021 till March 11, 2021, and the mining plan will take place accordingly to the headings given below:

TOKEN DISTRIBUTION

The token distribution plan for YFX GENESIS mining is divided into four portions: Community taking 60% of the token allocation, Team and early investors taking 25%, Strategic partner taking 10%, and the Strategic Investor will be allocated the least as 5% is allocated to it.

1) Community Token Allocation: This mainly comprises Genesis mining, airdrop, other promoting action, and community rewards.
The token will follow a three-way distribution part which is distinguished by years. The first part is the distribution of 50% of the token from the whole 60% token allocatio , in the primary/first year then followed by the second year taking 25% of the token's distribution and finally the third/last year taking the remaining 25%.

2) Team And Early Investor: The allocation is distributed into two portions: 20% is going to be made available to team members and early investors who provided initial financial backing.

While the remaining 80% will be shared evenly and in all fairness for a year too early investors and two years for the team.

3) Strategic Partner: 10% of the Token allocation will go to the YFX key partner as earlier stated.

Thirty percent(30/100) of the whole allocated token distributed will be delivered when the YFX token begins to disperse. 70 percent (70/100) of which is to be discharged straightforwardly within a year.

4) Strategic Investors: Despite getting the least distribution their role in token allocation can not be waved off as they provide vital funding to the platform

This part of the token allocation is saved for Strategic investors later on(kept as a backup fund). 30% will be discharged immediately, while the rest 70% will be straightly discharged in a year. The YFX economic model followed the pattern below to ensure the smooth running of the DEX

* Half of the exchange expense(transaction fee) gotten by YFX will be utilized for token repurchase on Decentralized exchanges (DEX) such as Uniswap, Mdex, JustSwap, or different trades.

*It prohibited that more than half of the insurance fund will be utilized for token repurchase.

*YFX token can also be utilized as an edge in perpetual contract exchanging (In simple terms they can serve as margin when it comes to perpetual trading).

*The voting force/ability of the YFX token is in an equivalence.

GENESIS MINING

3,000,000 YFX token will mind out for the first stage of genesis mining and this will be done by Trade Ming, Liquidity Mining, and Trading rivalry. The first round is going to reign for about fourteen days on Binance Smart Chain, Heco, and Tron.

YFX token is going to be delivered after the second round of Genesis Mining closes. Gauge no later than the center of April. All mined tokens will be delivered simultaneously. No lock-up period.

FIRST ROUND GENESIS MINING

Time span: March second, 2021 to March 15thh, 2021.

(1) Trade Mining

This will be taking place on the DEX stated below:

BSC: https://bsc.yfx.com/
Heco: https://ht.yfx.com/
Tron: https://trx.yfx.com/

For each position a user holds, he/she will get an equivalent in hash Power. 1$=1 hash Power

For a better explanation, if a position with a value of $800.60 is being traded, an equivalent of 800 hash Power will get.

The Hash Power reward follows the simple arithmetic equation below:

Estimated YFX tokens rewards = Your Hash Power for Trade Mining/Total Hash Power for Trade Mining * YFX Trade Mining token pool.

For trade mining, you need to exchange on the trading sets beneath to get the YFX token. New trading pairs may be added.

For Binance Smart Chain(BSC): BTC_USDT(USDT)

HECO: BTC_USDT(USDT), ETH_USDT(USDT), BTC_USDT(HT)

TRON:BTC_USDT(USDT), TRX_USDT(TRX)

The accompanying wallet upholds exchanging on YFX: Meta Mask, Tronlink, Huobi Wallet, Trust Wallet, Math Wallet, imtoken, Token Pocket, Bitkeep, Bitpie, HyperPay.

(2) Liquidity Mining

Liquidity providers are made Hash Power holders simply by providing liquidity to the YFX's market creator pool. The greater liquidity you give, the more Hash Power you get, likewise, the more drawn-out time you hold the LP token, the more Hash Power you get.

You will get 1 Hash Power for 1 USD Valued added market maker pool each. For instance, if you add $10 to the liquidity pool, you will get 10 Hash Power from the following minute. On the off chance that you hold this for 60 minutes, you will get 600 Hash Power.

Estimated YFX tokens rewards = Your Hash Power for Liquidity Mining / Total Hash Power for Liquidity Mining * YFX Liquidity Mining token pool.

Disqualification can result if the transfer of the LP token to other addresses is made.

(3) Trading Competition

Another way of entering Genesis mining is by partaking in a trading competition on YFX DEX. We will reward top winning and top losing accounts with the YFX token. Ranked from the first to thirteen positions. The first position; the best/earned trader on YFX DEX. Reward slated for this position is 30,000 YFX token. This is followed by the second position with the reward of 20,000 YFX tokens.

Followed by the third position with a reward of 10,000
For the 4th to 13th position, 2,000 YFX tokens each will be rewarded
The last position (who lose the most) in trading will be allocated 10,000 YFX tokens. Last 2–11 place：1,000 each

(4) Invitation Rewards:

By inviting others to partake in YFX Genesis Mining through your referral link you stand a chance of getting more Hash Power. When your referred makes any trade, you will get 10% Hash Power of his/her trade. The more people you invite, the more Hash Power you got .
NOTE: 1USD Trade Value = 1 Hash Power.

For more information on YFX TOKEN GENESIS MINING you can reach out to YFX through it's social media:

Website: https://www.yfx.com/

Twitter: https://twitter.com/YFX_Defi

Telegram: https://t.me/YFX_EN

Discord: https://discord.gg/xwAtjpabC5

Media Contact: media@yfx.com

Last 24 hrs top 100 #coins:

Top gainers:
#TheGraph $GRT +28.42%
#Dogecoin $DOGE +25.4%
#Ripple $XRP +9.64%
#Ampleforth $AMPL +9.16%
#OKB $OKB +8.61%

Top losers:
#Uniswap $UNI -11.92%
#Alphafinance $ALPHA -11.01%
#Fantom $FTM -10.53%
#Thorchain $RUNE -9.87%
#Voyager $VGX -9.77%

So @elonmusk just put the hashtag of #Bitcoin in his #Twitter bio and the whole #crypto market went into a frenzy with $BTC getting to usd 40 k earlier today.

#Altcoins the likes of $ETH $XRP $ADA $VET $LTC $XLM $TRX considerably surged in price as well.

According to BitTok market data, as of 16:00 today (GMT + 8), the platform currency BCHC rose for 9 consecutive days, rising more than 6.5 times from the bottom. As the first scalable blockchain infrastructure based on IPv8 technology to serve distributed commerce. BitCherry public chain builds P2PLUS peer-to-peer encryption network protocol with a new idea of innovating the physical layer, realizes highly scalable data architecture through hash diagram improved by relational graph, and provides operation mechanisms such as intelligent contract and cross chain consensus. BitCherry provides high-performance, high security and high availability underlying technical support for global businesses. Its services cover many fields, such as supply chain finance, product traceability, asset digitization, commercial consumption, e-commerce, distributed cloud computing, etc.

Know more about BitCherry BCHC at https://www.bitcherry.io/

#altseason back on track? Looks like it!

Last 24 hrs movement shows green across the #crypto board:

#Bitcoin $BTC ⬆️ +2.86%
#Ethereum $ETH ⬆️ +16.5%
#Polkadot $DOT ⬆️ +0.93%
#Ripple $XRP ⬆️ +2.27%
#Cardano $ADA ⬆️ +5.22%
#Chainlink $LINK ⬆️ +2.26%
#Litecoin $LTC ⬆️ +5.31%
#Vechain $VET ⬆️ +4.15%

Today we can say we are witnessing a #crypto correction to the #correction 😜✔️

#Bitcoin $BTC ⬆️ +5.54% @ $32,566
#Ethereum $ETH ⬆️ +10.91% @ $1,231
#Litecoin $LTC ⬆️ +7.18% @ $139
#Cardano $ADA ⬆️ +14.31% @ $0.35
#Ripple $XRP ⬆️ + 5.85% @ $0.30
#Vechain $VET ⬆️ + 13.76% @ $0.031

How to spot a real #crypto coin with strong fundamentals opposite to a #shitcoin?

You look at the most recent #Bitcoin #BTC major correction, you go back 7 days and trace a chart and see what held strong with upward trend.

Eg:
$DOT +27.96%
$ADA +12.38%
$LINK +12.87%
$VET +30.3%

See that is what an #altseason looks like. When prices of #altcoins dissociate themselves from the downtrend in #Bitcoin #BTC prices and #alts start to move upward independently from $BTC:

#ETH up by 7.63% @ USD 1,257
#ADA up by 17.39% @ USD 0.35
#VET up by 9.12% @ USD 0.027

Distance to #ATH:

#Bitcoin $BTC 6.38% to ATH $42,000
#Ethereum $ETH 15.9% to ATH $1,421
#Ripple $XRP 90.8% to ATH $3.29
#Litecoin $LTC 58.2% to ATH $366
#Cardano $ADA 75.3% to ATH $1.29
#Chainlink $LINK 18.4% to ATH $19.88
#BinanceCoin $BNB 7.29% to $44.98
#TRON $TRX 89% to $0.27

The DeFi field has amazing upside potential. Whether it is relative to the entire crypto market, or especially relative to the traditional derivatives market, the total value of DeFi is negligible. New users entering the field will bring liquidity and promote the exponential growth of the DeFi derivatives market.

Compared with the products launched by CEX, the transaction of various products in DEX is still not much, but the decentralization features such as permissionless and non-custodial insisted by DEX are becoming more attractive to the crypto world, coupled with a large number of professional flow which has solved the liquidity problem that DEX has been facing. We are looking forward to the breakthrough development of DEX market share.

Among the few DEXs, INJ and YFX are mainly based on decentralized derivatives contract transactions in terms of products. Let's take a look at the differences between the two DEXs in terms of trading mechanisms.

In terms of market making mechanism:

• YFX applies the QIC-AMM market maker pool trading method to provide users with extremely high liquidity and extremely low trading slippage. Traders directly trade with QIC-AMM to open and close their position. The depth is a function of the available balance of the LP pool, there is no impermanence loss in the LP pool.
• Instead of the AMM mechanism, INJ only uses the Layer 2 side chain to achieve efficient transaction efficiency, and makes it possible to trade cross-chain assets by basing on the Cosmos-Tendermint underlying protocol.

In terms of transaction mechanism:

• YFX adopts the market maker fund pool trading mechanism, each trading pair corresponds to a market maker fund pool. All user orders will be traded with the market maker fund pool and the user's profit and loss will eventually be directly conducted with the market maker fund pool settlement. In the process of market making, market makers only need to invest in one currency to participate in market making. If the net value at the time of redemption is higher than the net value at the time of purchase, it can make a profit.
• INJ is temporarily in the testnet stage and has not publicly disclosed its trading mechanism.

[img]https://iili.io/KmuY4p.md.jpg[/img]

YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading.

The most traded Bitcoin product in centralized exchanges is Bitcoin futures, which is 10 times bigger than spot trading in terms of the trading volume. But in DEX, spot trading platforms like Uniswap are occupying a large portion of the total trading volume, and there is not a single decentralized futures trading platform that could reach even 1/10 of Uniswap’s trading volume. What stops decentralized futures trading platforms from becoming 10 times bigger than Uniswap? Why are decentralized futures trading platforms performing worse than their centralized counterparts?

The main reason is that decentralized futures exchanges don’t currently provide an attractive futures product to compete with centralized futures exchanges. For instance, centralized futures exchanges like BitMex can provide 100x leverage on Bitcoin futures trading. On the other hand, decentralized futures exchanges like dYdX only offer 10x leverage. None of the decentralized exchanges can keep up with the 100x leverage offering from centralized exchanges.

YFX Descartes V1 uses QIC-AMM and a system de-risk mechanism to migrate perpetual futures trading from CEX to DEX without reducing the trading leverage, which makes YFX the first DEX that could offer 100x leverage on a perpetual contract. You can do everything on YFX that you can do on BitMex or OKEx. YFX is poised to compete directly against established centralized exchanges. YFX Descartes V1 runs on the TRON MainNet, for faster transaction times and cheaper gas fees compared to Ethereum. The YFX team is also working on Ethereum’s Layer 2 solution to provide pragmatic perpetual trading on DEX.

About YFX

YFX Descartes V1 is the first DEX that offers 100x trading leverage. YFX Descartes V1 launched on the TRON MainNet, and all trades are held and processed by smart contracts. The main goal of the YFX team, which is formed by a group of engineers who have years of experience working on trading systems and blockchain, is to build a DEX that can compete with CEX on derivative trading.

Reference:
Website: https://www.yfx.com/
Trading: https://trx.yfx.com/
Twitter: https://twitter.com/YFX_Defi
Telegram: https://t.me/YFX_EN
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com

#Crypto Market Update:
We are witnessing a slight downtrend today that opens an opportunity to short some of the top coins ⬇️

#Bitcoin $BTC @ USD 37,400
#Ethereum $ETH @ USD 1,211
#Litecoin $LTC @ USD 146
#Cardano $ADA @ USD 0.31
#Ripple $XRP @ USD 0.28
#Vechain $VET @ USD 0.025

Nice little rebound for #crypto across the board. Solid upward ⬆️ movement below:
#Bitcoin $BTC +5.91% @ USD 36,050
#Ethereum $ETH +5.31% @ USD 1,105
#Ripple $XRP +3.94% @ USD 0.30
#Cardano $ADA +4.07% @ USD 0.30
#Vechain $VET +10.69% @ USD 0.025
#Litecoin $LTC +5.82% @ USD 141

Not sure if the downtrend is over but the last hour crypto coins movements show bit of recovery however can't tell yet if it's temporary or market will go up from here.

Here's the last 1 hour crypto market update of some of the top coins:

So is the ⬇️ Done?

#Bitcoin $BTC ⬆️ 8.05%
#Ethereum $ETH ⬆️ 6.91%
#Ripple $XRP ⬆️ 4.25%
#Litecoin $LTC ⬆️ 8.81%
#Bitcoincash $BCH ⬆️ 7.32%
#Cardano $ADA ⬆️ 6.15%
#Polkadot $DOT ⬆️ 5.53%
#Chainlink $LINK ⬆️ 3.85%
#Stellar $XLM ⬆️ 7.05%
#Monero $XMR ⬆️ 7.83%
#VeChain $VET ⬆️ 7.48%
#DASH ⬆️6%

Wow talking about a #crypto bloodbath. A true massive correction! But don't worry guys, it's a healthy retracement for a better upcoming boost for #Bitcoin and #Altcoins. Don't be scared and don't let this make you sell low after you bought high. It's a no no in #trading. #HODL!

No doubt this is a significant #crypto correction. Here's the update on some of the #coins movements last 24hrs:

#BTC ⬇️ - 9.62%
#ETH ⬇️ - 7.40%
#XRP ⬇️ - 8.33%
#LTC ⬇️ - 7.88%
#ADA ⬇️ - 11.72%
#DOT ⬇️ - 10%
#LINK ⬇️ - 14.90%
#XLM ⬇️ - 13.62%
#VET ⬇️ - 10.99%
Bags filling time!🤩