Introduction
In the ever-evolving world of cryptocurrencies, meme coins have carved out a unique niche. Among them, LION stands out as a symbol of strength, unity, and humor. In this article, we'll explore the fascinating story behind LION, its features, and its place in the crypto landscape.
The Birth of LION
LION officially announced its presence and made its debut on Uniswap on May 31, 2024². But it's more than just a meme coin; it represents a community that believes in coming together for a common cause. Let's dive deeper into what makes LION roar.
Key Features
1. Token Symbol: LION
2. Listing: Uniswap (May 2024)
3. Vesting: 35% at TGE (Token Generation Event), 65% after a 1-month cliff³.
The LION Community
LION isn't just about trading; it's about building a community. Whether you're a crypto enthusiast, a meme lover, or someone who appreciates humor, LION welcomes you. The community's strength lies in its unity, and with your support, LION aims to grow even stronger.
Technical Details
- Token Type: ERC-20
- Total Supply: 114,100,000,000,000 LION
- Current Price: $0.00
- Number of Holders: 4
- Blockchain Explorer: [Etherscan](https://etherscan.io/token/0xF3c3745894d979F8F85761bd060520BDdbc464e9)¹
Conclusion
LION is more than just a meme; it's a rallying cry for a community that celebrates humor, strength, and unity. As the crypto world continues to surprise us, keep an eye on LION – the king of meme coins – as it roars its way into the hearts of crypto enthusiasts worldwide.
Remember, investing in cryptocurrencies involves risks, so always do your due diligence and consult with financial professionals before making any investment decisions. Long live the king! 👑🦁
Disclaimer: This article is for informational purposes only and does not constitute financial advice.²
---
Note: The information provided here is based on available data as of the time of writing. Always verify the latest details from official sources or blockchain explorers.¹
Following are sources I used to draft this article.
(1) ANNOUNCEMENT FROM THE LION COMMUNITY: KING OF MEMES COIN - Binance. https://www.binance.com/en/square/post/8385126760914.
(2) King of Meme. https://lion.athene.network/.
(3) KING OF MEME (LION) Token Tracker | Etherscan. https://etherscan.io/token/0xF3c3745894d979F8F85761bd060520BDdbc464e9.
(4) King of meme coins (Lion) Token Tracker | BscScan. https://bscscan.com/token/0x5B604b0Ca8CB2F99d96dA3B3d1a855Da80E01298.0

As stated in the Pi2Day 2024 announcement, the 6-month KYC Grace Period and its rolling 6-month window (the “Grace Period”) was enacted as of July 1st, 2024! As defined and clarified in the 2021 Whitepaper, the Grace Period is necessary for preparing Pi for Open Network. During this period, Pioneers must submit their initial KYC identity verification application within the first 3 months and take all available actions to complete their KYC and Mainnet migration within 6 months.
To make these important deadlines salient and clear, in the near future we will be rolling out new app interfaces, including initially a countdown timer on the Mainnet Checklist and later a new banner on the home screen, pop-ups, etc. These interface updates will help inform and remind Pioneers of their respective deadlines, whether to submit KYC or to complete Mainnet migration, and urge them to take actions as soon as possible. These Grace Period interface features will be iterated and improved upon over time, e.g., refining pauses on the timer for stuck cases and providing urgency levels. For Pioneers who have completed the Mainnet Checklist and are fully migrated, they will not see the timer in their app because the Grace Period requirements and deadlines no longer apply to them.
To reach Open Network in 2024, this is the time to enact the Grace Period and the rolling window. The KYC and migration process already work for the majority of the network. This means most Pioneers should be able to complete the KYC and migration on their own well within the 6-month Grace Period. Additionally, we have included flexibility in the 6-month timer design to accommodate those Pioneers that are stuck during the process due to specific system blocks or issues. Moreover, on the network level, the enactment of the Grace Period will positively improve our collective progress in achieving KYC and migration goals for Open Network.
What Happens in the Grace Period?
The Grace Period is a 6-month period during which Pioneers must take actions to complete KYC and migrate to Open Network. They must do this in order to keep all of their Pi that they mined. If Pioneers fail to submit their initial KYC application within the first 3 months or fail to finish all necessary steps to migrate their Pi within 6 months starting July 1st, 2024 (except for specific system blocks that pause their countdown timer), they will forfeit most of their past Pi balance other than the Pi mined within the last 6 months before their Pi is migrated—this is the 6-month rolling window. Being stuck in KYC or Mainnet migrations due to specific system reasons will not count against a Pioneer’s 6 months.
Specifically, to avoid losing most of the Pi mined, Pioneers should make sure they complete the two action steps within their respective deadlines:
1. Submit their initial KYC application within the first 3 months of the Grace Period, which means the deadline will be September 30, 2024, and
2. Complete the Mainnet Checklist to migrate to the Mainnet within 6 months, which means the deadline will be December 31, 2024.
Everyone who hasn’t migrated to the Mainnet yet will have an individual Grace Period timer. This timer will continue to count down as long as this process is pending a user action and will pause in the event that an individual is blocked by the system in these following specific steps: being ineligible to apply to KYC, being stuck in the KYC process more than one month, having a tentative KYC status, and delays by the system from Mainnet migration.
Whenever there is a pending action in the process for the Pioneer to take—be it resubmission, liveness check, correction of information, any Checklist items, etc.—the countdown timer will resume. Assuming that the Pioneer has X remaining months on the timer when it resumes from a pause, the Pioneer will have X or 1 month, whichever is longer, to complete the remaining steps of KYC and migration.
Pioneers who completed the above two steps within their respective deadlines will secure and keep the Pi balance they mined. Pioneers who miss either of the Grace Period deadlines will only keep the Pi they mined in the last 6 months before their Pi is migrated for the first time. The 6-month rolling window during which their Pi was previously mined and can be kept refers to the last 6 months before their first migration to the Mainnet.
Grace Period Examples for Various Pioneer Scenarios
Below are some scenarios to help demonstrate these deadlines and requirements based on specific Pioneers’ circumstances:
- The Grace Period for a Pioneer that is currently eligible for KYC begins on July 1, 2024. They need to submit their first KYC application by September 30, 2024, and will need to migrate to Mainnet before December 31, 2024.
- For Pioneers who are not eligible to submit their KYC application, their timer is paused and will resume once they become eligible.
- For Pioneers who currently have a Tentative KYC status, their 6-month timer is paused and will resume once the block is resolved.
- For Pioneers whose KYC applications are stuck in the KYC process for more than 1 month, their 6-month timer is also paused and will resume once the block is resolved. However, such pauses will be further refined in the future. The timer will only be paused for delays by system reasons. If there is a KYC user action pending, e.g., resubmission or additional liveness checks, the timer will not be paused. Pioneers should take such required actions as soon as possible within the timer countdown.
- For new Pioneers, the Grace Period will be paused until they complete thirty (30) mining sessions (“Minimum Mining Period”) and become eligible to apply for KYC. Then, the two deadlines of the Grace Period follow accordingly afterward. This also applies to new Pioneers who join after the end of 2024.
- If a Pioneer takes the pending user action in the KYC process less than 1 month before the deadline, the timer will automatically top up to 1 month to allow time for processing and finishing the next steps in KYC and Mainnet migration.
- There may be additional exceptions or pauses on the timer in the future if new major system delays emerge. We will consider them and decide as we encounter them.
Given the importance of these deadlines, we strongly encourage Pioneers to start their KYC and migration process as soon as possible! If you’re a Pioneer who hasn’t already downloaded the Pi Browser, do so now (via iOS App Store or Google Play Store) and navigate to the KYC app inside the Pi Browser to complete your application. Your migration steps are located in the Mainnet Checklist within the “Mainnet” tab of the Pi mining app, and they will also require you to take actions within the Pi Browser.
What Does This Mean for Network Growth?
The Grace Period will not affect new members joining the network or mining for free as usual, but it will require new Pioneers to complete KYC and migrate within the Grace Period following the same rules after they join. Not only will this not impact the growth of the network, but also it will ensure and improve the quality of the network, and make sure more people joining are real humans, KYC’ed, and on the Mainnet, fully ready to participate in and contribute to the Pi Mainnet ecosystem.
The Path Forward
As we approach the launch of Open Network, the KYC and Mainnet migration Grace Period is a pivotal measure to prepare our community for a seamless transition. This period not only ensures readiness among Pioneers but also upholds the integrity of Pi by aligning with the core principles set forth in our Whitepaper.
The coming months are crucial; they are not just a countdown but a call to action for all Pioneers to solidify their roles in Pi’s future. Let’s embrace this opportunity to strengthen our community and ensure that each Pioneer can participate fully in the Mainnet Pi ecosystem.
To learn more about Pi Network’s native KYC solution, read the full article and FAQs explaining what it is, why it’s important, and how it works. KYC is an essential component of Pi’s preparedness for an Open Network launch. Help KYC move forward for more Pioneers by becoming a KYC Validator yourself and inviting your fellow Pioneer peers to complete KYC and migrate to Mainnet.
I am sure who read the complete article have known and well understood the importance of six months grace period for moving towards open main net.
All the best Pioneers! Keep mining and be consistent and firm.
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Bloomberg analyst Eric Balchunas has described the updated S-1 filing as a "positive sign," suggesting that an Ethereum exchange-traded fund (ETF) launch by the end of June is a "credible possibility." BlackRock, which recently became the largest publicly traded Bitcoin fund, has filed an amended S-1 form for its proposed spot Ether ETF. The updated filing provides additional details about the product, which has already received approval for listing in the U.S.
According to the S-1 form, a "Seed Capital Investor" affiliated with BlackRock purchased the initial shares for the proposed Ether ETF. On May 21, 2024, this investor acquired the Seed Creation Baskets, consisting of 400,000 shares priced at $25.00 per share. The net asset value of the Trust was reported as $10,000,000.
Pending regulatory approval, investors in the ETF will have the option to redeem their holdings for cash or Ether. The iShares Ethereum Trust Ether ETF will trade under the ticker symbol "ETHA."
Eric Balchunas tweeted about the development, expressing optimism about the ETF's launch. He expects further updates and fine-tuning comments from staff before the end of June, although he maintains a conservative over-under date of July 4th.
The updated S-1 filing follows the Securities and Exchange Commission's recent approval of several Ether ETFs for listing in the U.S., contributing to bullish sentiment in the broader cryptocurrency market. BlackRock's successful Bitcoin ETF, which surpassed Grayscale in assets under management, underscores the company's growing presence in the digital asset space. Since its launch in January, the iShares Bitcoin Trust (IBIT) has attracted over $16 billion in net inflows, with significant investments from state pension funds.
Follow @MD Talha for more updates.
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Meer Group Revolutionizes Banking with Neo Banking Services Powered by Belobaba
Dubai, UAE – May 24, 2024
Meer Group, a leading conglomerate known for innovation, today announced the launch of groundbreaking Neo Banking Services in partnership with Belobaba, a next-generation financial technology company. This marks a significant step towards the future of banking, offering unparalleled convenience and flexibility for individuals and businesses.
Shakeel Ahmad Meer, Chairman of Meer Group, stated, "We are thrilled to partner with Belobaba to bring this revolutionary banking solution to the market. Our Neo Banking Services cater to the evolving needs of today's individuals and businesses, offering a secure, efficient, and all-encompassing financial experience."
One-Stop Financial Hub:
The new service breaks down traditional banking silos, providing users with a unified account that seamlessly manages both cryptocurrency and traditional fiat currency. This eliminates the need for multiple accounts and streamlines financial management.
Global Reach for Your Business:
For business owners and international freelancers, Meer Group's Neo Banking Services offer a game-changer. The integrated international bank account empowers users to conduct international transactions with ease, fostering global business growth.
Freelancers Rejoice:
Freelancers, a vital part of today's economy, will particularly benefit from the partnership. The service provides a Mastercard for seamless cash withdrawals, eliminating the hurdles often faced by freelancers in accessing their funds.
Llouise M, CRO of Belobaba, echoed this sentiment, adding, "This collaboration between our two companies is a testament to our shared vision of a future where financial services are accessible, user-friendly, and empower individuals and businesses to thrive."
A Glimpse into the Future:
This collaboration between Meer Group and Belobaba signifies a major leap forward in financial services. With its focus on innovation and accessibility, Meer Group's Neo Banking Services empower users to take control of their finances and navigate the dynamic world of tomorrow.
About Meer Group
Meer Group is a diversified conglomerate renowned for its pioneering spirit. They consistently strive to push boundaries and implement cutting-edge solutions across various industries, led by the visionary leadership of Chairman Shakeel Ahmad Meer.
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Elon Musk is a fascinating figure with a diverse range of accomplishments. Let's delve into his biography, technological interests, involvement in digital assets, and notable achievements:
## Elon Musk: A Brief Biography
Elon Musk was born on June 28, 1971, in Pretoria, South Africa. He is a South African-born American entrepreneur who has made significant contributions to various industries. Here are some key points from his life and career:
1. PayPal and Electronic Payments: Musk co-founded the electronic payment company PayPal. His involvement in PayPal revolutionized online transactions and laid the groundwork for modern digital payment systems².
2. SpaceX: Musk founded SpaceX (Space Exploration Technologies Corp.) in 2002. The company focuses on developing reusable rockets and spacecraft. SpaceX has achieved remarkable milestones, including launching the first privately funded spacecraft to reach orbit and successfully landing reusable boosters².
3. Tesla, Inc.: As the CEO of Tesla, Musk has been instrumental in advancing electric vehicles (EVs) and sustainable energy solutions. Tesla's electric cars have disrupted the automotive industry, and the company's innovations continue to shape the future of transportation².
## Elon Musk and Cryptocurrencies
Musk's interest in cryptocurrencies has been widely discussed. Here's what we know:
1. Bitcoin, Ether, and Dogecoin: Musk has publicly stated that he owns bitcoin, ether, and dogecoin. These three cryptocurrencies represent different aspects of the crypto market. While bitcoin is the pioneer and most well-known, dogecoin started as a joke but gained popularity due to Musk's tweets. Ether, associated with the Ethereum blockchain, has its unique use cases¹.
2. Support for Dogecoin: Musk's support for dogecoin is particularly interesting. He has described it as "the people's crypto" and appreciates its grassroots origins. Despite its initial joke status, Musk believes in its potential. However, it's essential to remember that social media hype doesn't necessarily translate to investment value¹.
## Elon Musk's Achievements
Elon Musk's achievements extend beyond the crypto world. Here are some notable ones:
1. Space Exploration: Through SpaceX, Musk aims to make space travel more accessible. The successful launch of the Falcon Heavy rocket and the ongoing development of the Starship demonstrate his commitment to space exploration³.
2. Electric Vehicles: Tesla's electric cars have transformed the automotive industry. Musk's vision of sustainable transportation has inspired other manufacturers to invest in EVs and reduce carbon emissions².
3. Neuralink and Boring Company: Musk's ventures also include Neuralink (brain-computer interface technology) and The Boring Company (tunneling and infrastructure projects). These ambitious endeavors reflect his desire to solve complex problems and improve humanity's future².
In summary, Elon Musk's impact extends far beyond cryptocurrencies. His relentless pursuit of innovation and commitment to solving global challenges make him a remarkable figure in the tech and business world⁵. Whether it's launching rockets, building electric cars, or exploring the human brain, Musk continues to push boundaries and inspire others.
Remember, investing in cryptocurrencies can be volatile and risky. Always do thorough research and consider your financial situation before making any investment decisions. As of now, bitcoin, ether, and dogecoin continue to fluctuate in value¹.
If you'd like more detailed information or have any specific questions, feel free to ask!
(1) Elon Musk | Biography, SpaceX, Tesla, Twitter, X, & Facts. https://www.britannica.com/money/Elon-Musk.
(2) Elon Musk on his crypto portfolio and why he supports dogecoin - CNBC. https://www.cnbc.com/2021/10/25/elon-musk-on-his-crypto-portfolio-and-why-he-supports-dogecoin.html.
(3) 30 Greatest Achievements of Elon Musk - LIST - CareerAddict. https://www.careeraddict.com/elon-musk-accomplishments.
(4) Crypto of Elon Musk: The Impact of Elon Musk's Involvement in .... https://yingo.ca/articles/crypto-revolution-elon-musks-impact-on-the-digital-currency-space.
(5) Elon Musk’s History in Crypto: the Good, the Bad and the Doge. https://coinmarketcap.com/alexandria/article/elon-musks-history-in-crypto-the-good-the-bad-and-the-doge.
(6) Getty. https://media.gettyimages.com/id/1368269938/photo/a-sign-is-posted-in-front-of-paypal-headquarters-on-february-02-2022-in-san-jose-california.jpg?b=1&s=612x612&w=0&k=20&c=en0akdHSAyY5cnIavaMbZU4UW5Yi4W_o86vliYz8VFA=.
(7) Getty. https://media.gettyimages.com/id/1227902590/photo/general-view-of-spacex-headquarters-on-august-03-2020-in-los-angeles-california.jpg?b=1&s=612x612&w=0&k=20&c=e5zkBIyH92OUu8sgVCBSV3PhX4f3WJBLEJNQabGVdyk=.
(8) Getty. https://media.gettyimages.com/id/1689016009/photo/israeli-prime-minister-netanyahu-meets-with-elon-musk-at-tesla-in-fremont-ca.jpg?b=1&s=612x612&w=0&k=20&c=rG7Bhakgc9aMkfEOqghNQxE-bMUVKHdsRmobx2o8KrE=.
(9) Getty. https://media.gettyimages.com/id/1240222485/photo/neuralink-logo-displayed-on-a-phone-screen-and-a-laptop-keyboard-are-seen-in-this.jpg?b=1&s=612x612&w=0&k=20&c=yztTwegpnBfTEgNPQo6c98SGReJ3xbzE0zZWDZ5JbAI=.
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#ElonMuskUpdates #ElonEmpire #Eloncrypto #ElonMuskImpact #PEPE‏
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