#MyFirstFeedPost Hello, Binance Square! | Master Mind01 on Binance Square

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#MyFirstFeedPost Hello, Binance Square!

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Let me teach you guys how whales make money. (read full article) They don't lose money unlike normal folks who keep long position for long time. Whales tend to enter soon and exit soon. So what whales do and how they make money? Step 1: Whales first try to find some low float coin or the one which did not rally past few days. Step 2: they now ensure that coin is in futures segment. They start to take high leverage and open many positions but ensuring price doesn't move much. ( such things can be easily found if people check long to short ratio. But most people don't Step 3: now with sufficient long positions they start to pump up the coin on spot market atleast 20-30% up.. Step 4: along side they start to close their future positions which are at much higher leverage. Step 5: once the most of future positions are closed, they start to dump at spot market. Catch here is that despite sometimes bearing loss in spot market, they are still at massive profits due to high leverage positions which they closed at futures market. I hope my small article was enjoyable and you people now understand much more than justing buying and selling. So how do I know all this? Let it be the secret...

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📢 Ethena Labs Unveils 750 Million ENA Airdrop for Shard Contributors, Launches Bitcoin Sats Campaign ➡️ In a move to further engage and reward its community, Ethena Labs, the team behind the synthetic crypto-native dollar protocol, has announced a major airdrop of 750 million ENA tokens for participants of its shard campaign. Additionally, the platform is set to launch a new Bitcoin sats campaign aimed at fostering even greater community involvement. 📅 The highly anticipated ENA token airdrop is scheduled for April 2nd, with 5% of the total token supply being distributed to eligible participants. The move demonstrates Ethena Labs' dedication to engaging its community and incentivizing user participation in the growing decentralized finance (DeFi) ecosystem. 💰 Alongside the airdrop, the new Bitcoin sats campaign will offer users the chance to earn rewards in the world's largest cryptocurrency while exploring the potential of Ethena's innovative protocol. The campaign will further strengthen Ethena's commitment to driving the adoption of DeFi solutions and fostering a thriving, engaged community of users. #ena #Write2Earn

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#BNB Binance’s golden shovel is here again, and BNBholders are comfortable again This time Binance Launchpool Ethena @ethena_labs is a stable currency protocol based on ETH's Delta. This track is also very popular at present, and the off-site price is about $0.7. So what is thena? Ethena is a synthetic USD protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, as well as a globally accessible USD-denominated savings instrument - "Internet Bonds". Ethena’s synthetic U.S. dollar USDe will provide the first censorship-resistant, scalable, and stable cryptocurrency-native solution for funding enabled by delta-hedged Ethereum collateral. USDe will be fully transparently supported on-chain and freely composed throughout DeFi. The stability of the U.S. dollar peg is ensured by using delta-hedged derivative positions against the collateral held by the protocol. The “Internet Bond” will combine proceeds from staking Ethereum with funding and basis from perpetual and futures markets, creating the first on-chain crypto-native “bond” that can serve as a USD-denominated savings instrument for users in permitted jurisdictions Jurisdictions. #ENA is Ethena’s native utility token and is used for the following functions: Governance: ENA token holders can vote on protocol governance decisions About token economics and initial circulation (with photos) The total supply of ENA is 150,000,000,000 as of March 29, 2024, and the initial circulating supply at launch will be 1,425,000,000 (approximately 9.5% of the total token supply) How to participate in mining? Use BNB and FDUSD to mine Ethena (ENA). After 08:00 on March 30, 2024 (East Eight District time), put BNB and FDUSD into the ENA mining pool on the Launchpad website to obtain ENA rewards. ENA can be mined in total. 3 days; BNB mining accounts for 80% of the weight, BNB can mine a total of 240,000,000 ENA (80%), and the FDUSD mining pool can mine a total of 60,000,000 ENA (20%) #Binance #Write2Earn

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Elon Musk strikes again, setting the crypto world abuzz with his enigmatic tweet! 🚀🔥 The Tesla and SpaceX magnate, known for his quirky sense of humor, dropped a bombshell of a statement that sent ripples through the XRP and Dogecoin communities alike. 🌊💥 In classic Musk style, he declared, "The most entertaining outcome - as if we're in a soap opera - is the most likely." 🎭 This tantalizing phrase, reminiscent of his past musings on Dogecoin, ignited a firestorm of excitement among crypto enthusiasts. 🔥🐕 And let's not forget the recent Dogecoin fever! 🐶🔥 Musk's hint at the possibility of Dogecoin payments for Tesla cars sent the meme-inspired currency soaring to new heights. 🚗💰 But with the current market dip, Dogecoin is feeling the pressure, down 11.11% in the last 24 hours. 😔 Meanwhile, XRP is also feeling the pinch, down 5.27% to $0.607. 💸 Musk's latest tweet wasn't just any random remark; it echoed his earlier sentiments about Dogecoin's improbable rise to fame. 🌟 Remember when he mused about Dogecoin becoming Earth's currency? 🌍🚀 It's like fate loves irony, and Musk is here to remind us with every tweet! 🤯 For the Dogecoin faithful, Musk's words are a beacon of hope and a nod to their beloved meme coin's journey to the moon. 🌕🚀 And XRP enthusiasts are taking note, seeing the potential for meme coins to skyrocket. 📈❤️ So, buckle up, crypto adventurers! 🎢 The Elon Musk saga continues, and who knows what entertaining twists and turns lie ahead in this epic soap opera of digital assets! 🍿🌟 #write2earn…. #HotTrends

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🚨What happened in Crypto in the last 12h?🚨 - BlackRock #BUIDL - Coinbase listing $RONIN - Binance delisting $DREP $MOB $PNT - $SLERF Arthur Hayes shilling - $GALA "Project Cerberus" - $SUI Autoscaling technology - $TON $115M rewards initiative 👇 • BlackRock launches "BlackRock USD Institutional Digital Liquidity Fund (BUIDL)" on the Ethereum Network - RWA sector is rising in the wake of this news. • Coinbase has announced the listing of $RONIN. • Coinbase International Exchange to start futures trading for $DOGE $LTC $BCH from April 1. • Binance will delist $DREP $MOB $PNT on April 4. • $AEVO - Aevo has launched a trading & staking incentive program. • $GALA - Gala games announced "Project Cerberus" mobile prototype is coming soon. • $LINA - Linear Finance's Multi-Collateral feature is set to launch soon. • $NAKA - Nakamoto Games will be listed on Bybit on March 22. • $SUI - Mysten Labs has launched Pilotfish (Autoscaling technology) on Sui. • $SLERF - Arthur Hayes promoted the memecoin $SLERF. • $STRK - Starknet has announced its 2024 roadmap and planning to implement parallelization in Q2. • $TON - TON Foundation launches $115M community rewards initiative. #write2earn…. #HotTrends

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