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OVAT CRYPTO
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Crypto market right now 😄
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Overpriced listings 🤑 Tron founder Justin Sun and Sonic Labs co-founder Andre Cronje claimed Coinbase charges substantial listing fees. ✅ Simon Dedic, CEO of Moonrock Capital, commented on Binance, mentioning a top-tier crypto project that raised nearly nine figures and received a listing offer for 15% of its total token supply. He stated, “Imagine paying $50–$100 million just for a CEX listing. This is unaffordable for projects and a major factor in declining charts. Something needs to change.” ✅ Cronje, who also previously founded Yearn Finance, posted: “Coinbase has asked us for; $300m, $50m, $30m, and more recently $60m." ✅ Following Cronje’s comments, Tron founder Justin Sun made similar claims on Monday. “Coinbase required us to pay 500 million TRX (worth $80 million) and demanded a $250 million BTC deposit in Coinbase Custody to boost their performance.” #NovemberMarketAnalysis #BinanceSquareFamily #ovatcrypto
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#Telegram projects are "getting smaller" 🤔 ✅ Due to the significant drop in the value of all major projects on the first day, dev teams do not want to spend resources on maintaining high liquidity at once as well as buying listings on all big exchanges ✅ Telegram projects' Market Cap has been decreasing since the 1st project, only NOTCOIN could surpass $1B. The last big project - X couldn't hit even $120 in maximum, and got a Binance listing $ ✅ Now projects are betting on growth from a low base and buying tokens from weak hands at a very low price. This will potentially attract more investors because the project will have a better chance of making a good profit in the long run. ✅ Thus, the $SOON token will have $7.5M starting FDV, LostDogs announced that they will choose only one exchange for the listing #ovatcrypto #CryptoAMA #29thBNBBurn #BinanceSquareFamily #NovCryptoOutlook
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CZ's speech in Dubai highlights 🤩: ✅ CZ believes that global crypto regulation is moving in a positive direction. ✅ According to CZ, not only Donald Trump, but both US parties have expressed support for crypto ✅ The EU law MiCA could become a model for creating a global system for regulating stablecoins ✅ CZ will not return to work at Binance, even if the US government allows it. He will focus on education and investments. #BinanceBlockchainWeek #ovatcrypto #BinanceSquareFamily
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🗞 October 29, 2024 cryptocurrency news highlights 【Cryptocurrency】 US Crypto Regulation Needs a Hard Fork Crypto .com’s spot trading volume surpasses Coinbase, dominating the North American crypto market 【Economy】 ⛏ Sazmining is setting up a bitcoin (💰BTC) mining site in northern Norway that will heat a large building in a fishing village ♨️ 【Indicators】 Bitcoin traders eye $70,000 again as funds flow into U.S. ETFs 🏹💸 Bitcoin open interest increased by more than 20,000 $BTC in a single day, the largest increase since June 3 【More】 Trump’s election odds soar to nearly 67% as a Polymarket whale bets an additional $2M on his victory 🗳 #ovatcrypto #BTCBreak71K #CryptoAMA
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TGE, Airdrop and Listing ✅ TGE (token generation event) is the moment when, for the first time, a token is generated on its blockchain and distributed among the devs team, investors, and so on ✅ An airdrop is a free distribution of tokens to attract attention to a project. Unlike TGE, it can be carried out several times ✅ Listing a token on an exchange is the process of adding a crypto asset to a trading platform so that it becomes available for purchase, sale, and exchange. #BinanceBlockchainWeek #BTCBreak71K #ovatcrypto #CryptoAMA #AirdropBinance
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