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Muhaammaadd

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Everything posted by Muhaammaadd

  1. They pushed the threshold even higher and leverage their partnership with Messi. With the prices even higher than last year, I think you should tell all your trading friends. Good luck out there!
  2. Yeah... They seem to be on the Frontline of the crypto space getting people's interest and nurturing talents. Just recently, they had the Bitget's Blockchain 4 Youth (B4Y) and it was a major success!
  3. With incredible performances and prices won last year, the stage is set for the return of the King’s Cup Global Invitational (KCGI) for its fifth consecutive year. According to the official announcement, the KCGI 2024 is set to be the most electrifying and competitive edition yet, with a staggering prize pool of up to $5 million up for grabs. The Derivatives Trading Tournament will start on June 7, kicking off a three-week adrenaline-fueled battle in the volatile realm of crypto derivatives. Coveted rewards include a luxury Ferrari 296, premium watches, and memorabilia signed by football legend Lionel Messi. The prize pool is dynamic, starting at a generous 100,000 USDT for 8,000 participants and can skyrocket to an impressive 5,000,000 USDT with over 200,000 traders joining the fray. Gracy Chen, Bitget’s Managing Director, expressed her enthusiasm for the upcoming tournament, stating, “KCGI is more than a trading tournament—it’s a festivity of the skill, commitment, and prowess of our worldwide trading community.” Since its inception, KCGI has evolved into one of the most prestigious trading tournaments in the cryptocurrency sector, attracting over 51,000 participants globally. Bitget noted that the event is a testament to its dedication to empowering traders and nurturing an inclusive trading ecosystem.
  4. There is never a static time in the crypto space as innovations always seem to pup up from every horizon. The latest on this line is Lifeform, a Web3 leader that lets users create stunning 3D virtual avatars that act as your digital identity across web3 and even familiar web2 platforms like Zoom and TikTok. What stood out for me was their user-friendly editor, powered by cutting-edge Unreal Engine 5 technology, that crafts hyper-realistic avatar with billions of customization. Latest information I got shows that their DID solution acts like a digital passport, granting access to dApps and the metaverse with a single login. By leveraging AI, Lifeform analyzes your blockchain activity and recommends personalized services and dApps, making your Web3 journey smooth and efficient. With millions of users already on board, and Tier1 listing of LFT, Lifeform is poised to be the key that unlocks Web3 for the next billion users.
  5. Surfing through the cryto space and there is a big movement by Drift, the #1 open-source perpetual futures exchange which boasts of over 180,000 users and $22 billion in TV and backed by prominent investors like Polychain Capital and Solana's founders. At its core, Drift empowers traders with perpetual swaps, allowing leveraged bets on cryptocurrencies. It utilizes a Dynamic AMM (DAMM) mechanism, adapting to market conditions and minimizing slippage. With the launch of Drift V2, the platform now offers spot trading and spot margin trading, enabling direct asset trading while , a lending module similar to Aave lets you earn interest on your crypto. With a surprise airdrop of 100 million tokens, a shift towards token-based governance and a Bitget listing on the horizon, Drift is actively building a community-driven future.
  6. With the backing they have gather, coupled with the enthusiasm of the growing community, I believe they are definitely one to keep an eye on!
  7. Recently, we saw some innovative Game-fi projects like Undead hit the ground running and ignited interest of investors. This time though, it is Engines of Fury which has popped up on the radar. Engines of Fury (EoF) is a unique top-down extraction shooter set in a post-apocalyptic world fighting off mutated creatures in a story-driven campaign. EoF has an in-game economy powered by its $FURY token. Players forge NFTs to upgrade their characters and trade them. What sets it apart is it's P2E mechanics, rewarding skilled players with $FURY tokens and NFTs. The developer's ambitious goal? To become the first game to introduce over 3 billion gamers to the exciting world of crypto and are set to be listed on Bitget soon.
  8. DeFi functionalities like savings are exactly what CEXs need to grab the attention of the non crypto users... Plus using blockchain will further enhance the trust of customers. Bitget's are going about it the right way and savings are actually a good idea
  9. While the posts Bitcoin halving haven't been eventful for some people so far, investors are always brainstorming effective ways for people earn with the BTC they already own. In that regards, my early morning surfing landed me at the shores of BounceBit and I believe it's CeFi + DeFi model is worth sharing. BounceBit basically is a pioneering native BTC Restaking chain that's reshaping how Bitcoin holders earn yield on their assets while securing its network through a dual-token staking system that combines the robustness of Bitcoin and the flexibility of BounceBit tokens. What was impressive in my opinion was how users generate passive income from their idle BTC. They achieved this with their first-of-its-kind Proof of Stake mechanism which leverages native BTC security while ensuring full Ethereum Virtual Machine compatibility. Supported by giants like Binance Lab, Breyer Capital, and Blockchain Capital, BounceBit is poised to transform Bitcoin’s utility and it’s Pre-Market Trading just rolling out on Bitget I believe will be another milestone in their journey.
  10. Unlike many emerging platforms that are building a reputation, Safe is already a leading provider of smart wallet infrastructure for Ethereum and EVM blockchains and their focus is to transform every Ethereum account into a secure smart account. With over 200 projects already deployed on Safe's standard, including Gnosis Pay and Worldcoin, it boasts a vast ecosystem that enables new applications in DeFi, staking, gaming, and more. Widely used by individuals and organizations for features like gasless transactions, facial recognition logins, Safe is trusted by industry giants like Vitalik Buterin, Punk6529, Shopify, and Reddit for managing their digital assets. I believe with over 8.3 million Safe accounts, 47 million transactions processed, zero critical security incidents since launch in 2018 plus a slated Bitget listing of SAFE token, Safe is setting the industry benchmark for security. Who is/are Safe’s closest competitors?
  11. Security and Transparency have always been the bedrock of cryptocurrency and focusing on these principles is particularly endearing to the crypto community. I found this to be more true when I came across BRC-20 DEX Exchange. In short, BRC-20 DEX Exchange is a DEX built on the BRC-20 protocol, offering secure and transparent trading for BRC-20 tokens. Basically, the BRC-20 DEX Bridge allows users to easily transfer BRC-20 tokens to Ethereum (ETH), Binance Smart Chain (BSC), and Polygon (Matic) networks for wider trading options. Additionally, the bridge enables transferring assets back to the BRC-20 blockchain. The BRC-20 DEX offers various utilities, including efficient bridging of BRC-20 tokens, spot trading of cryptocurrencies, and margin trading for borrowing, trading, and leveraging BRC-20 tokens. While they have gained popularity, the listing of their token BD20 on Bitget will be another milestone in their journey. Do you think BRC-20 DEX transparency and security will offset the limited number of operating chains?
  12. How Merlin Is Addressing Bitcoin Scalability With A Unique Layer 2 Approach If you've been around the crypto world for a while, you're likely familiar with the limitations of Bitcoin's Layer 1 and its scalability issues. Over time, we've seen various innovative proposals like Wormhole's unique approach to address these limitations. In this context, Merlin Chain caught my attention. It's a project that aims to tackle Bitcoin's scalability challenges by offering a Layer 2 solution built on the ZK-Rollups model. This translates to faster and cheaper transactions while maintaining security through a decentralized oracle network with anti-fraud measures. Developed by the well-established Bitmap Tech team, Merlin Chain boasts a market cap exceeding $500 million. Their key objective has always been to empower existing Bitcoin assets by enabling them to interact seamlessly on the Layer 2 network. I believe backing from 20+ prominent VC firms like OKX Ventures and ViaBTC suggests confidence in Merlin Chain's future. MERL was launched as the first token on Bitget's pre-market trade platform and had a commendable price action. Is Merlin Chain's Layer 2 solution a long-term solution to this issue? Let's hear your candid opinions in the comments section below! Cheers! #Bitcoin #btc #halving #transactions #merlin #merl #bitget #web3 #wormhole
  13. Just recently, I wrote an article about how a Solana blockchain art project (Artrade) is helping artists raise their earnings and even further transforming their physical works into RWA essentially NFTs. With that in mind, I came across Rarible, a marketplace that focuses on digital art and NFTs and the similarities of the platforms caught my attention. Rarible allows artists to sell their creations as NFTs, essentially digital certificates of ownership and cuts out middlemen, connecting artists directly with buyers. Beyond trading, Rarible offers a somewhat user-friendly interface for creating NFTs, even for beginners. The platform unlike Artrade is built on the Ethereum blockchain and uses its own token, RARI, for governance and rewarding active users. In the long term they seem building with the goal of becoming a DAO in the future While it’s still early days, I have no doubt Rarible offers a unique approach to buying, selling, and creating digital art, and the recent listing on Bitget will further expose it to new communities and potential investors. Do you think RARI's approach will be sustainable as a marketplace for NFTs?
  14. I came across an interesting new meme token called EPIK that launched on the Solana blockchain earlier this month. It features a playful little duck character and has been gaining traction since its debut. In my opinion, several factors contribute to EPIK's potential. Meme coins naturally attract attention, and EPIK's unique duck character design helps it stand out. Additionally, backing from crypto influencers has fueled market interest. It seems on-chain activity is also picking up steam, with daily TV reaching millions of dollars and the number of holders approaching 10,000. With a strong community presence in both English-speaking and Chinese-speaking communities, a recent listing on Bitget potentially exposing it to a much wider audience, coupled with the potential for further price increases, I believe EPIK is a project to keep an eye on.
  15. I couldn't agree more... the main concern will be of the other users' assets. How do they intend to secure them when the potential ramification are come to their door steps?
  16. This is a surprising stance taken by BingX and a commercially detrimental one no less! i wonder what fuels this kind of behavior and what the long time consequences are?
  17. Smart move mate... BTC will probably ride the bull for now until after the Halving... Are you participating in the Bitget giveaway too?
  18. Ive been doing some research on DeFi options lately, and Chainge seems to be on the rise. It is positioning itself as a one-stop shop for cross-chain trading, offering a decentralized exchange (DEX) for swapping tokens across different blockchains. What was impressive in my opinion is their multi-chain wallet for storing assets securely and a bridge to facilitate easy transfers between 55+ blockchains. This could be handy for users looking to diversify holdings across various networks. Beyond trading though, XCHNG seems to offer additional DeFi functionalities like staking and yield farming, potentially allowing passive earning. While it may boasts over $1 billion in trading volume and a slated Bitget listing, I have to say that it is normal to find a number of these features in one DEX or CEX but usually not all in one... Do you think newbie like Chainge can be a household name in the future? What do you think they have to do to keep up the momentum? Let's here your opinion in the comment section!
  19. Originally conceived as just a crypto bridge platform Wormhole (W) is building up as a leading cross-chain protocol, revolutionizing communication and asset transfers across more than 30 blockchain and Layer 2 networks. Wormhole has swiftly evolved into a comprehensive cross-chain protocol, marking significant milestones by processing over 1 billion cross-chain messages and facilitating transactions exceeding $40 billion in crypto funds. Offering a suite of products such as the Wormhole Messaging protocol, Wormhole Connect for seamless integration of cross-chain asset bridging, and the Wormhole Gateway for Cosmos ecosystem interoperability, developers have access to essential tools for enhancing connectivity within the blockchain space. Backed by substantial funding and with a valuation of $2.5 billion, Wormhole enjoys strong financial support from prominent VCs like Coinbase Ventures and Brevan Howard, underscoring its strategic positioning in the cross-chain bridge ecosystem. With a promising tokenomics model and an recent listing on Bitget, Wormhole stands as a dynamic project set to redefine the landscape of cross-chain operations and functionality in the crypto sphere.
  20. In an unprecedented surge of activity, the meme token $MFER has captured the crypto community's attention, recording a massive $104 million in trading volume within its first 24 hours. With around 23,000 holders already, its market capitalization is rapidly expanding, indicative of a burgeoning phenomenon. What sets $MFER apart is not only its remarkable trading activity but also its widespread popularity on social media and extensive media coverage, fueled by an active community championing the project. Behind $MFER is an experienced founder recognized for the successful NFT project, Mfers, enhancing the project's credibility. This meme token, doubling as an accessible NFT, has distributed all its coins, confirmed the renouncement of its contracts, and announced the locking of LP tokens. With a listing on giant CEXs like Bitget, $MFER represents a unique blend of hype and substance, promising an early-stage investment opportunity in the meme coin space that is both lucrative and captivating.
  21. Binance is discontinuing all Nigerian Naira (NGN) services and they said we users are encouraged to withdraw or convert our NGN before March 8th, 2024. I didn't know how big the issues with Binance was but I was kinda expecting this... As a Nigerian, I was prompted to switch platforms after this announcement. Bitget came up as a strong alternative, and I decided to give it a try cos of its long clean track record amongst others. Here's how I managed my transition: 1. First, I withdrew my NGN from Binance promptly. 2. Then, I set up my Bitget account. I followed the steps for registration, which were straightforward. 3. Next, I transferred my crypto holdings. Since Binance would have converted my NGN to USDT by default, I directly moved my USDT to my new Bitget account. 4. I spent some time exploring Bitget's features. As a trader, I was interested in futures and spot trading, but what really caught my attention was the copy trading feature—it seemed perfect for when I'm too busy to trade on my own. 5. Finally, I completed the KYC (Know Your Customer) verification. The whole experience with Bitget has been user-oriented and the shift to a new platform seemed daunting at first, Bitget's ease of use and strong customer support smoothed the process.
  22. In a stunning display of market momentum, the PANDORA token, the first of its kind, has skyrocketed an astonishing 4872% from its introduction on February 2nd to February 7th. This remarkable performance has not only caught the attention of cryptocurrency enthusiasts but has also solidified PANDORA’s position as a groundbreaking asset in the digital currency landscape. Pandora's ERC-404 protocol revolutionizes the token landscape by seamlessly blending the qualities of ERC20 and ERC721 standards. This experimental mixed implementation enables persistent liquidity and non-fungibility for NFTs, unlocking a realm of possibilities previously unexplored. Adding to the excitement, Bitget Wallet is gearing up to introduce a specialized section dedicated to ERC-404 token market listings. This feature creates a hub for tokens that blend the best of both worlds—the liquidity of ERC-20s and the uniqueness of ERC-721 NFTs. I have come to believe that, the electrifying surge of PANDORA token and the innovative ERC-404 standard is not just a fleeting trend but a window into the future of cryptocurrency.
  23. Naturally after the debut of ERC 404, it was only natural that developers would begin to take advantage of its ability to bridges the gap between fungible (ERC-20) and non-fungible (ERC-721) tokens. One such project is the Dancing Beans ($BEANS) which allows fractional ownership of hilarious meme-inspired creatures NFTs on the blockchain. About a week ago I wrote about the exponential rise of Pandora to 20,000% plus in just five days setting the bar high for competition! I also spoke about other NFT projects like CryptoPunks and Bored Ape Yacht Club but Dancing Beans brings a fresh twist with. While Focusing on fun and interactivity and community-driven approaches the Dancing Beans team is constantly listening to their fans and creating new experiences based on their feedback... For me though, the question is if Beans can follow the successful dancesteps of Pandora and make players, NFT collectors and investors dance about the figures in their wallets. With my fingers crossed, I'm inclined to hold the Beans I bought on Bitget after the recent listing and it has already gone up by 24%... What are your thoughts guys? Pandora style or nah?
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