Since the HMSTR token listing is coming up on September 26, let's see what's going on with the tokens.
• 131 million users out of 300 million are eligible for the drop. 2.3 million users were blocked for fraud.
• Total supply is 100 billion HMSTR, of which 75% is allocated to the community.
• 60% of tokens will be distributed in the first season. The remaining 15% will go to the second season.
• At the listing, users will receive only 88.75% of their tokens. The remaining 11.25% will be blocked for 10 months.
• On the OKX premarket, the price for an HMSTR token is $0.0087. At this price, MC = $522 million and FDV ~ $870 million.
Does the token have potential? Yes, since the project has gained cosmic momentum.
Is it profitable to farm the second season? Rather no than yes, since there are much fewer tokens allocated, although the number of users will also decrease.
The moral of this story is that you shouldn't have tapped the hamster
1. Parkinson's Law. If you have a task but no clear deadline, you waste 90% of your time. To get things done faster, assign a "due date" to the project. And give yourself a little less time than you actually need. Understand and use the power of deadlines. 2. Occam's Razor Paradox. More often than not, the right solution is the simplest one. The explanation too. And if something seems complicated, always remember that in reality the subject is simpler, and you are just looking “in the wrong place.” Change your approach.
How to protect your crypto wallet and what to do if it gets hacked?
• Don’t keep all your money in one wallet – diversify your assets to reduce potential losses. • Use a separate device - store your cryptocurrency on an isolated device that is not connected to the internet. There are cold wallets for this. • Have a backup – create multiple copies of your wallet and keep them updated.
The King of Meme Coins, Dogecoin, is no longer a joke.
Dogecoin was conceived as a joke, but 11 years later the token has become popular among merchants for paying for purchases. Journalists noted that the average commission in the network costs @ $ 0.01, which is ~ 79 times cheaper than in the Bitcoin blockchain. Transactions are processed in less than a minute. DOGE is suitable for money transfers, where commissions reach 7% due to intermediaries.
New HBO documentary claims to have revealed the identity of Bitcoin creator Satoshi Nakamoto
The film is called Money Electric: The Bitcoin Mystery.
It is the latest effort from Emmy nominee Cullen Hoback, who received critical acclaim for his series Q: Into the Storm, which exposed the QAnon conspiracy theorists.
The documentary will air next Wednesday at 2am CET/9pm ET.
The trader spent 198 SUI ~ $368 to buy 253 million HIPPO tokens. After 3 days, he sold 119 million HIPPO for 175k SUI ($325k) and left with 133 million coins worth $1.7 million.
Bitcoin mining profitability has been falling for three months in a row and remains at a record low — last month miners earned an average of $42,100 per 1 EH/s in daily block rewards, down 6% from the previous month.
Despite the drop in profitability, the total market capitalization of the 14 largest US miners grew by 4% to $21 billion.
The reaction to the start of Israel's ground operation in Lebanon and the announcement of a strike by the US longshoremen's union, which blocked the work of all ports on the East Coast (50% of American imports) has begun.
The reaction of the markets is classic: BTC (↓1.18%) and S&P 500 (↓1.21%) are falling, gold (↑1.01%) and oil (↑2.40%) are growing.
No panic yet, there is hope for a quick solution to both problems
📊 99% of Bitcoin Will Be Mined Within 10 Years – Michael Saylor.
In a recent tweet, he stated that he believes that by January 2, 2035, “99% of Bitcoin will be mined.”
There are currently about 19,760,384 BTC mined, which is about 94.10% of Bitcoin’s total supply of 21 million. According to CoinMarketCap, there are about 1,239,588 BTC left to be mined.
Saylor’s prediction suggests a surge in Bitcoin mining over the next decade, implying that nearly 5% of the total supply could be mined in that time frame.
If 99% of Bitcoin is indeed mined, the remaining 1% will become increasingly rare, which will likely drive its price up as demand outstrips supply
Gram token grew by 80% after burning half of the emission.
On September 30, the creator of the experimental token Gram (GRAM) Oleg Oskolsky stopped mining the coin and burned 50% of the emission, amounting to $8.5 million. A total of ~2.52 billion GRAM were destroyed, leaving ~2.46 billion coins in circulation. Total market cap dropped from $18.4 million to $9.12 million. In January 2024, Oskolsky proposed the idea of mining tokens using modified smart contracts — PoW givers. They were previously used to distribute the emission of the original Gram (GRM) token of the Telegram Open Network (TON) project from the Durov brothers.
🇺🇸 Donald Trump promises to make America great with cryptocurrencies.
Trump's World Liberty Financial project has opened user registration (KYC) for Whitelisting, preparing for token sale.
Meanwhile, a Harris Poll survey conducted with support from Grayscale showed that 56% of American voters are more likely to vote for a candidate who supports the crypto industry.
There are 58 million dollar millionaires in the world, which is 1.5% of the total population of the planet. They account for 47.5% of the world's wealth, and these figures are breaking all records.
⚡️CZ said that after serving his sentence he will continue to develop Giggle Academy, invest in blockchain, decentralized technologies, AI and biotechnology.
He will devote more time to charity and finish writing a book.
He also added that Binance is doing great without him.
Bitcoin continued to grow - for the first time since the beginning of August, the asset's price exceeded the $65,000 mark. Ethereum is slightly lagging behind digital gold in terms of growth rates over the past 24 hours - 1.9% versus 2.8%. Of the top 10, Solana demonstrates the best dynamics over 24 hours - 4.7%. The cryptocurrency is trading at $157.