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Many newcomers to cryptocurrency find the concept of staking challenging to understand. To help explain the process, there's an educational video guide available that demonstrates staking mechanics using $GRASS token as an example. The guide shows how this particular token currently offers staking yields between 20-25% APR." http:// https://vm.tiktok.com/ZMhpjg6L7/
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By iamcryptic · Posted
As the bull run approaches, it's imperative to interact with exchanges that are secure and user-oriented. One way to assess this is by looking at their practice of constantly updating their Proof of Reserves (POR) and protection funds, which showcases transparency. Bitget recently published its updated Proof of Reserves, reflecting a strong financial position with a total reserve ratio of 166%. This update underscores their commitment to transparency and user fund security, offering users reassurance about the platform's asset backing and liquidity. The Proof of Reserves report provides an in-depth look at the exchange's holdings, detailing reserve ratios for major assets, including Bitcoin, Ethereum, and Tether (USDT). Each of these assets maintains a reserve ratio significantly above 100%, indicating that Bitget holds more than the total user balances in these assets, ensuring full backing and coverage. By maintaining high reserve ratios, this demonstrates its proactive approach to safeguarding user assets and its dedication to best practices in asset transparency and security within the cryptocurrency industry. What do you think about this practice? -
Bitcoin has been on a brilliant surge, reaching a new ATH of around $89,864. Although the price might have slumped slightly since then, it still has a thrilling 30% surge over the past seven days and 102% surge in 2024, while expectations are rife that its price could rise significantly higher before the end of 2024. Historically, whenever the world’s biggest cryptocurrency is on a tear as this, the market comes alive. While this has also applied in this current surge, memecoin enthusiasts will be keen to witness exponential pump orchestrated by the Bitcoin’s happy mood. For a good part of the year, memecoins have garnered the most attention particularly within Solana and Ton ecosystems, if memecoin market will witness a major rally, then these ecosystems will surely be on the forefront. With this likelihood, all eyes seems to be fixated on PNUT, a meme token on Solana Blockchain. The token pays homage to Late PNUT, a social media sensation squirrel rescued in 2017 by Mark Longo after its mother was killed by a car in New York City. Backed by Beeple, Elon Musk, Doge, Wif, and Justin Sun; PNUT successfully launched on Bitget where its volume is on the rise. Bitcoin soars, could PNUT and other meme gaints respond accordingly?
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