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The Power of Binance 🔥: Lessons from the $REEF Delisting
Recently, Binance, the world’s largest cryptocurrency exchange, issued a delisting notice for $REEF, causing its value to plummet dramatically. Following the announcement, $REEF experienced a staggering 1500% drop in price, emphasizing the volatility associated with low-volume and low-value tokens.
This extreme price reaction highlights the enormous influence that exchanges like Binance wield in the crypto market. A single delisting event can trigger massive sell-offs as panic sets in, particularly for tokens with low liquidity. Investors are often caught in a whirlwind of price crashes, reinforcing the need for proper research and risk management.
Why Delisting Matters
Delisting essentially removes a coin from an exchange's platform, preventing users from trading it there. Binance's delisting of $REEF sent a strong signal to the market that caused an immediate drop in value. This showcases the risks of trading in low-market-cap tokens, where price movements can be erratic and hard to predict.
Key Takeaway: Always DYOR
This case serves as a critical reminder: always Do Your Own Research (DYOR). Relying solely on market sentiment or trending coins can be risky. As crypto markets remain highly speculative, it's important to invest only in assets that have strong fundamentals and active communities. Low-volume coins, especially, are prone to manipulation and unexpected events like delistings.
For traders and investors, focusing on higher liquidity coins with solid project foundations may provide more stability. While high-risk, low-volume tokens can offer big rewards, they also come with severe risks, as evidenced by the $REEF situation.
Here's a look at the dramatic price drop of $REEF after Binance delisting announcement:
In conclusion, when trading or investing in the crypto world, always ensure you're fully informed about the assets you engage with, especially those susceptible to delisting or other market shocks. It's a volatile space where even small actions can have outsized impacts.
Recently, Binance, the world’s largest cryptocurrency exchange, issued a delisting notice for $REEF, causing its value to plummet dramatically. Following the announcement, $REEF experienced a staggering 1500% drop in price, emphasizing the volatility associated with low-volume and low-value tokens.
This extreme price reaction highlights the enormous influence that exchanges like Binance wield in the crypto market. A single delisting event can trigger massive sell-offs as panic sets in, particularly for tokens with low liquidity. Investors are often caught in a whirlwind of price crashes, reinforcing the need for proper research and risk management.
Why Delisting Matters
Delisting essentially removes a coin from an exchange's platform, preventing users from trading it there. Binance's delisting of $REEF sent a strong signal to the market that caused an immediate drop in value. This showcases the risks of trading in low-market-cap tokens, where price movements can be erratic and hard to predict.
Key Takeaway: Always DYOR
This case serves as a critical reminder: always Do Your Own Research (DYOR). Relying solely on market sentiment or trending coins can be risky. As crypto markets remain highly speculative, it's important to invest only in assets that have strong fundamentals and active communities. Low-volume coins, especially, are prone to manipulation and unexpected events like delistings.
For traders and investors, focusing on higher liquidity coins with solid project foundations may provide more stability. While high-risk, low-volume tokens can offer big rewards, they also come with severe risks, as evidenced by the $REEF situation.
Here's a look at the dramatic price drop of $REEF after Binance delisting announcement:
In conclusion, when trading or investing in the crypto world, always ensure you're fully informed about the assets you engage with, especially those susceptible to delisting or other market shocks. It's a volatile space where even small actions can have outsized impacts.
"High risk, High reward.
WHAT TO KNOW!!!
The truth is, in investing, survival matters more than the thrill of a big win. Protect yourself by choosing the right moments and setting clear boundaries, like stop-losses or a diversified portfolio, so if a risk doesn’t pan out, you’re still in the game.
Real success comes from calculated, controlled risks. Don’t rely on others to guide you — when losses hit, it’s you against the market. Plan for every scenario: understand the worst outcomes, and stay rational. FOMO can destroy portfolios, but patience and discipline will keep you moving forward. The goal isn’t to win once; it’s to win over the long haul. Bet boldly, but smartly — because staying in the game is how real winners rise.
WHAT TO KNOW!!!
The truth is, in investing, survival matters more than the thrill of a big win. Protect yourself by choosing the right moments and setting clear boundaries, like stop-losses or a diversified portfolio, so if a risk doesn’t pan out, you’re still in the game.
Real success comes from calculated, controlled risks. Don’t rely on others to guide you — when losses hit, it’s you against the market. Plan for every scenario: understand the worst outcomes, and stay rational. FOMO can destroy portfolios, but patience and discipline will keep you moving forward. The goal isn’t to win once; it’s to win over the long haul. Bet boldly, but smartly — because staying in the game is how real winners rise.
How to Make $50 to $100 Daily on Binance
New to crypto trading? Binance, one of the world’s largest crypto exchanges, offers many ways to make money—even if you're just starting out. If your goal is to make $50 to $100 daily, here’s a streamlined guide to help you maximize profits while managing risks. Let’s dive in! 🚀
1. Understand the Basics First 📚
Before jumping into trading, it’s essential to understand crypto fundamentals. Start with:
Crypto Wallets: Where you'll store digital assets securely.
Trading on Exchanges: Learn ho
1. Understand the Basics First 📚
Before jumping into trading, it’s essential to understand crypto fundamentals. Start with:
Crypto Wallets: Where you'll store digital assets securely.
Trading on Exchanges: Learn ho
Top 3 Crypto Trading Mistakes You MUST
When trading cryptocurrencies, avoiding common mistakes can significantly enhance your trading experience and success. Here are the top three crypto trading mistakes you should steer clear of:
1. Lack of Research and Understanding: Many traders jump into crypto trading without fully understanding the market dynamics or the specific assets they are trading. This lack of research can lead to poor decision-making and unexpected losses. It's crucial to analyze project fundamentals, market trends, a
1. Lack of Research and Understanding: Many traders jump into crypto trading without fully understanding the market dynamics or the specific assets they are trading. This lack of research can lead to poor decision-making and unexpected losses. It's crucial to analyze project fundamentals, market trends, a
As of today, October 24, 2024, Shiba Inu (SHIB) is trading at approximately $0.0000179. Over the past 24 hours, the price has decreased by about 0.43%. SHIB has experienced a 3.06% decline over the past week. Despite the short-term drop, SHIB has performed well this year, with a 138% rise in value.
The total market cap of Shiba Inu currently stands around $10.5 billion, placing it among the top meme coins. The trading volume over the last 24 hours reached around $435 million, suggesting steady interest in the token.
If you're looking for potential price movements, Shiba Inu has been fluctuating but could see future increases depending on broader market trends.
#SHIB #Write2Earn #ScrollOnBinance
#ScrollOnBinance #CryptoPreUSElection $SHIB
#
The total market cap of Shiba Inu currently stands around $10.5 billion, placing it among the top meme coins. The trading volume over the last 24 hours reached around $435 million, suggesting steady interest in the token.
If you're looking for potential price movements, Shiba Inu has been fluctuating but could see future increases depending on broader market trends.
#SHIB #Write2Earn #ScrollOnBinance
#ScrollOnBinance #CryptoPreUSElection $SHIB
#
$BTC PREDICTION FOR TODAY
As of today, October 24, 2024, the price of Bitcoin (BTC) is around $67,300, with some fluctuations expected throughout the day. The current trend suggests that Bitcoin's value might range between $65,375 and $72,225 for the remainder of the month. There is optimism in the market, particularly following Bitcoin's halving event earlier this year, which could contribute to further price increases towards the year's end.
#BTC #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection #XRPDonationsUSElections
$BTC
As of today, October 24, 2024, the price of Bitcoin (BTC) is around $67,300, with some fluctuations expected throughout the day. The current trend suggests that Bitcoin's value might range between $65,375 and $72,225 for the remainder of the month. There is optimism in the market, particularly following Bitcoin's halving event earlier this year, which could contribute to further price increases towards the year's end.
#BTC #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection #XRPDonationsUSElections
$BTC
ETHEREUM ($ETH ) PRICE PREDICTION
Ethereum (ETH) price predictions for 2024 show a range of possibilities, driven by its growing adoption and the evolving crypto market. Experts forecast Ethereum could reach a maximum price of $2,725 by October 2024, with an average trading price of around $2,652, and a lower estimate of $2,579.For the end of 2024, some predictions are more optimistic. WalletInvestor suggests ETH could reach $3,660, while other analysts like AMBCrypto estimate $2,997. Looking further ahead, 2025 could see Ethereum potentially rise to around $6,600 on average, with highs as much as $8,700.These estimates reflect the uncertainty in the market, influenced by factors such as Ethereum’s staking system, network upgrades, and competition from other blockchain platforms. As always, investors should keep in mind that crypto markets are highly volatile.
#eth #Write2Earn #XRPDonationsUSElections #CryptoPreUSElection #APTSurpassesSUI
$ETH
Ethereum (ETH) price predictions for 2024 show a range of possibilities, driven by its growing adoption and the evolving crypto market. Experts forecast Ethereum could reach a maximum price of $2,725 by October 2024, with an average trading price of around $2,652, and a lower estimate of $2,579.For the end of 2024, some predictions are more optimistic. WalletInvestor suggests ETH could reach $3,660, while other analysts like AMBCrypto estimate $2,997. Looking further ahead, 2025 could see Ethereum potentially rise to around $6,600 on average, with highs as much as $8,700.These estimates reflect the uncertainty in the market, influenced by factors such as Ethereum’s staking system, network upgrades, and competition from other blockchain platforms. As always, investors should keep in mind that crypto markets are highly volatile.
#eth #Write2Earn #XRPDonationsUSElections #CryptoPreUSElection #APTSurpassesSUI
$ETH
SOLANA ($SOL ) PRICE TODAY
As of October 24, 2024, the price of Solana (SOL) is experiencing some volatility. Currently, it is trading around $135 to $155, depending on the market and platform. Solana has dropped by more than 14% earlier this month, driven by various factors, including geopolitical tensions and concerns about centralization within the Solana network. The price action has been further impacted by bearish sentiment in the broader crypto market.The current price is at a critical level, with technical indicators suggesting potential for either a further decline or a breakout above resistance. If bullish momentum picks up, SOL could see a recovery toward the $180 range, but if the bearish trend persists, prices may continue to hover near $134 or lower.
#SOL #Write2Earn #ScrollOnBinance #CryptoPreUSElection #XRPDonationsUSElections
$SOL
As of October 24, 2024, the price of Solana (SOL) is experiencing some volatility. Currently, it is trading around $135 to $155, depending on the market and platform. Solana has dropped by more than 14% earlier this month, driven by various factors, including geopolitical tensions and concerns about centralization within the Solana network. The price action has been further impacted by bearish sentiment in the broader crypto market.The current price is at a critical level, with technical indicators suggesting potential for either a further decline or a breakout above resistance. If bullish momentum picks up, SOL could see a recovery toward the $180 range, but if the bearish trend persists, prices may continue to hover near $134 or lower.
#SOL #Write2Earn #ScrollOnBinance #CryptoPreUSElection #XRPDonationsUSElections
$SOL
$BNB TODAY
As of today, October 24, 2024, Binance Coin (BNB) is priced at around $593.32. Over the past few days, the price has fluctuated slightly, ranging from a high of $604.74 earlier in the week to today's value.BNB plays a crucial role within the Binance ecosystem, acting as the gas token for the Binance Smart Chain, similar to Ethereum’s ETH. Its utility goes beyond just exchange fee discounts; it is also widely used in decentralized finance (DeFi) protocols, staking, and even payments across various services.
#Write2Earn #BNB #ScrollOnBinance #APTSurpassesSUI #XRPDonationsUSElections
$BNB
As of today, October 24, 2024, Binance Coin (BNB) is priced at around $593.32. Over the past few days, the price has fluctuated slightly, ranging from a high of $604.74 earlier in the week to today's value.BNB plays a crucial role within the Binance ecosystem, acting as the gas token for the Binance Smart Chain, similar to Ethereum’s ETH. Its utility goes beyond just exchange fee discounts; it is also widely used in decentralized finance (DeFi) protocols, staking, and even payments across various services.
#Write2Earn #BNB #ScrollOnBinance #APTSurpassesSUI #XRPDonationsUSElections
$BNB
$DOGE NEWS
As of today, October 24, 2024, the price of Dogecoin (DOGE) is around $0.0607, showing slight fluctuations in the past 24 hours. Over the last month, Dogecoin has seen a drop of about 20%, but it still maintains a strong community presence and continues to be supported by several companies as a payment option, including Tesla and AMC Theatres.Dogecoin’s price is highly correlated with other major cryptocurrencies like Bitcoin and Ethereum, meaning it tends to move in the same direction as these coins.
#Write2Earn #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection #XRPDonationsUSElections $DOGE
As of today, October 24, 2024, the price of Dogecoin (DOGE) is around $0.0607, showing slight fluctuations in the past 24 hours. Over the last month, Dogecoin has seen a drop of about 20%, but it still maintains a strong community presence and continues to be supported by several companies as a payment option, including Tesla and AMC Theatres.Dogecoin’s price is highly correlated with other major cryptocurrencies like Bitcoin and Ethereum, meaning it tends to move in the same direction as these coins.
#Write2Earn #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection #XRPDonationsUSElections $DOGE
RIPPLE ($XRP ) TODAY
Today, XRP is trading around $0.53, reflecting a slight 0.84% increase over the past 24 hours. Over the past week, it has risen by about 1.59%, and it has gained around 5.16% in the past month. This is part of an overall upward trend for XRP, which has seen a 71.45% increase over the past year.The price is supported by positive sentiment surrounding Ripple's potential IPO and developments in cross-border payment solutions, with some predictions indicating that XRP could push towards the $1 mark by the end of the year. However, there are risks, including market volatility and the possibility of price corrections, with analysts suggesting a potential pullback to $0.55.
#Write2Earn #xrp #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection $XRP
Today, XRP is trading around $0.53, reflecting a slight 0.84% increase over the past 24 hours. Over the past week, it has risen by about 1.59%, and it has gained around 5.16% in the past month. This is part of an overall upward trend for XRP, which has seen a 71.45% increase over the past year.The price is supported by positive sentiment surrounding Ripple's potential IPO and developments in cross-border payment solutions, with some predictions indicating that XRP could push towards the $1 mark by the end of the year. However, there are risks, including market volatility and the possibility of price corrections, with analysts suggesting a potential pullback to $0.55.
#Write2Earn #xrp #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection $XRP
PEPE TODAY
Pepe (PEPE) is trading at approximately $0.000009979 today, showing a slight decline of around 0.32% over the last 24 hours. Over the past week, it has dropped by about 4.5%, though it has had some upward momentum over the past month, rising by around 24%. The market capitalization is around $4.19 billion, with a circulating supply of 420 trillion PEPE tokens.Despite its recent losses, Pepe has shown notable volatility, with its all-time high recorded at $0.00001722 earlier this year. Its price performance remains largely influenced by broader market trends and social media-driven trading.
#Write2Earn! #pepe #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection
$PEPE
Pepe (PEPE) is trading at approximately $0.000009979 today, showing a slight decline of around 0.32% over the last 24 hours. Over the past week, it has dropped by about 4.5%, though it has had some upward momentum over the past month, rising by around 24%. The market capitalization is around $4.19 billion, with a circulating supply of 420 trillion PEPE tokens.Despite its recent losses, Pepe has shown notable volatility, with its all-time high recorded at $0.00001722 earlier this year. Its price performance remains largely influenced by broader market trends and social media-driven trading.
#Write2Earn! #pepe #ScrollOnBinance #APTSurpassesSUI #CryptoPreUSElection
$PEPE
The current price of Bitcoin (BTC) is approximately $66,489. Over the past week, it has experienced some fluctuations, reaching a high of about $68,963 and a low of around $66,489. This represents a slight increase of about 4.90% over the last month, which is notable compared to the broader crypto market's performance.
#Write2Earn #btc $BTC $BTC
#Write2Earn #btc $BTC $BTC
How Much Are You Earning on Binance Square? Let's Boost Each Other's Morale! 💪
Hey Binance Square fam! 👋
I'm curious to know how much creators are earning on this platform and what strategies have worked best for you! Whether it's from content creation, affiliate links, or sponsorships, it would be super inspiring to hear some success stories. 💰✨
It’s not just about numbers—it’s about motivating each other and sharing tips on how to maximize our potential here. So if you're comfortable, drop some insight into your earnings journey! How many followers did you start seeing growth with? What content drives the most engagement? Let’s share our progress and support one another!
Looking forward to hearing your stories and boosting the community spirit! 🔥
#BinanceSquare #CreatorsCommunity #Motivation #ShareYourJourney #Earnings
Hey Binance Square fam! 👋
I'm curious to know how much creators are earning on this platform and what strategies have worked best for you! Whether it's from content creation, affiliate links, or sponsorships, it would be super inspiring to hear some success stories. 💰✨
It’s not just about numbers—it’s about motivating each other and sharing tips on how to maximize our potential here. So if you're comfortable, drop some insight into your earnings journey! How many followers did you start seeing growth with? What content drives the most engagement? Let’s share our progress and support one another!
Looking forward to hearing your stories and boosting the community spirit! 🔥
#BinanceSquare #CreatorsCommunity #Motivation #ShareYourJourney #Earnings
DEVELOPING A SIMPLE TRADING STRATEGY FOR BEGINNERS
Entering the world of trading can be overwhelming, especially for beginners who are eager to make their mark in the financial markets. The key to successful trading lies in having a well-defined strategy. This article will explore the essential components of a simple trading strategy that can help you navigate the complexities of the market while minimizing risks.
Understanding the Basics
Before diving into trading strategies, it's crucial to understand some fundamental concepts:
1. Market Ty
Understanding the Basics
Before diving into trading strategies, it's crucial to understand some fundamental concepts:
1. Market Ty
TOP 4 LOOSERS
Here are the top four losers on Binance as of October 22, 2024:
1. AEVO Price Change: -16.00%
Details: AEVO has experienced the largest drop, suggesting negative market sentiment or external events affecting its valuation significantly.
2. BOME Price Change: -15.52%
Details: Following closely behind AEVO, BOME's substantial decline indicates strong selling pressure, possibly linked to investor reactions to recent news or market trends.
3. PEPECOIN Price Change: -14.04%
Details: This meme coin's decline could be attributed to market volatility or specific developments that have led to reduced investor confidence.
4. ALT Price Change: -13.42%
Details: ALT's significant drop highlights ongoing volatility within this asset class, as it adjusts to broader market movements and investor sentiment
#Write2Earn #aevo #bome #pepe #alt $AEVO $BOME $PEPE $ALT
Here are the top four losers on Binance as of October 22, 2024:
1. AEVO Price Change: -16.00%
Details: AEVO has experienced the largest drop, suggesting negative market sentiment or external events affecting its valuation significantly.
2. BOME Price Change: -15.52%
Details: Following closely behind AEVO, BOME's substantial decline indicates strong selling pressure, possibly linked to investor reactions to recent news or market trends.
3. PEPECOIN Price Change: -14.04%
Details: This meme coin's decline could be attributed to market volatility or specific developments that have led to reduced investor confidence.
4. ALT Price Change: -13.42%
Details: ALT's significant drop highlights ongoing volatility within this asset class, as it adjusts to broader market movements and investor sentiment
#Write2Earn #aevo #bome #pepe #alt $AEVO $BOME $PEPE $ALT
TOP 4 GAINERS
As of October 22, 2024, the top gainers on Binance are:
1. SCR (Scream)Price: $1.07
24h Change: +34.00%SCR has seen a significant price surge recently, possibly due to increased trading volume or positive market sentiment surrounding its utility.
2. SLP (Smooth Love Potion)Price: $0.003061
24h Change: +16.03%This token is often associated with gaming and rewards within blockchain games, which may be experiencing renewed interest.
3. CHESS (CryptoBlades Chess)Price: $0.1719
24h Change: +11.26%The rise in CHESS could be linked to trends in play-to-earn gaming models gaining traction in the crypto space.
4. PIXEL (Pixel)Price: $0.1824
24h Change: +10.95%PIXEL is also benefiting from a gaming-related boom, capitalizing on its community and use case within the NFT ecosystem.
These fluctuations can be influenced by various factors, including market trends, investor sentiment, and project developments. For more detailed insights, you can check Binance's market overview or news sections.
#scr #slp #chess #pixel $SCR $SLP $CHESS
As of October 22, 2024, the top gainers on Binance are:
1. SCR (Scream)Price: $1.07
24h Change: +34.00%SCR has seen a significant price surge recently, possibly due to increased trading volume or positive market sentiment surrounding its utility.
2. SLP (Smooth Love Potion)Price: $0.003061
24h Change: +16.03%This token is often associated with gaming and rewards within blockchain games, which may be experiencing renewed interest.
3. CHESS (CryptoBlades Chess)Price: $0.1719
24h Change: +11.26%The rise in CHESS could be linked to trends in play-to-earn gaming models gaining traction in the crypto space.
4. PIXEL (Pixel)Price: $0.1824
24h Change: +10.95%PIXEL is also benefiting from a gaming-related boom, capitalizing on its community and use case within the NFT ecosystem.
These fluctuations can be influenced by various factors, including market trends, investor sentiment, and project developments. For more detailed insights, you can check Binance's market overview or news sections.
#scr #slp #chess #pixel $SCR $SLP $CHESS
MUST READ;Start Small:Manage RISK
When entering the world of cryptocurrency, adopting a "start small, manage risk" approach is essential. The volatile nature of the market means prices can surge or plummet rapidly, as seen with coins like Bitcoin and Dogecoin, which can swing by double-digit percentages in a single day. Here’s why starting small and managing your risk is key:
1. Volatility is the norm: Crypto markets are known for sudden and sharp price changes. Take Bitcoin, for example—its price in 2024 jumped from $30,000 to
1. Volatility is the norm: Crypto markets are known for sudden and sharp price changes. Take Bitcoin, for example—its price in 2024 jumped from $30,000 to
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