🌟 Token Spotlight: BarnBridge (BOND), the groundbreaking DeFi solution
BarnBridge (BOND) is a Derivatives Protocol (supports cross-chain), allowing tokenizing "risk" into bonds with relatively stable interest rates.
With BarnBridge, the amount of money users put into the platform will be broken down and distributed into many different Lending platforms or participate in some Yield Farming programs, the purpose is to limit risks.
🤔 What outstanding features does BOND have to help the project thrive in the future?
👉 The risk of centralization will be limited by splitting into different parts of capital. In general, BarnBridge allows users to limit the risk of coming from "Defi products".
👉 The yield the user receives will be more stable - the interest rate of the user will depend on the risk that the user wants to take.
👉 BarnBridge is not limited to the Ethereum Blockchain. In the future it will support other blockchains, other assets.
With its unique characteristics and pioneering vision, BOND's development potential is extremely promising.
✅ Right now, users can Buy/Sell BOND through the ONUS app at the best rates and completely free transactions.
✅ BONDVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #BOND #ONUS #ONUSPro
🚀 VIB rises 84.02% after 24 hours, hits 6-month high
Viberate (VIB) is known as a Blockchain platform to connect artists with event organizers. The project has slowly been building adoption and recently announced several partnerships, including integration with Travala.com.
🔥 VIB, the official utility token in the Viberate ecosystem, is now breaking downtrend with remarkable growth over the past 24 hours. This significant growth has helped VIB rise to 2,397 VNDC, the highest in 6 months.
🏆 With these achievements, VIB has become the leading asset in the Top Gainers and ranked 3rd in the Top Trending on the ONUS app in the past 24 hours.
🌟 Token Spotlight: Band Protocol (BAND), the data layer of the Web3 ecosystem
BAND Protocol is a blockchain protocol that makes it possible for developers, companies, brands, celebrities to issue personalized community tokens. This token manages data in their own community.
The main functions are to bridge the gap between decentralized applications and real-world data; ensure accurate and reliable data through economic incentives. The BAND Protocol will be built initially on Ethereum, but the protocol itself is not restricted to the Ethereum infrastructure. If the protocol is more widely adopted, it will support all leading smart contract platforms.
🤔 What outstanding features does BAND have to help the project thrive in the future?
👉 BAND has a low cost of use. Band Protocol smart contracts are optimized for usage and require lower fees to process a query.
👉 BAND is well scalable. The fees paid to data providers remain the same no matter how many dApps are using data. Once a datapoint is included in the chain, multiple smart contracts can use the data at no additional cost to the data providers.
👉 BAND has fast, instant querying capabilities. Logic can be processed in a transaction that does not need a confirmation blockchain. The data is available on the blockchain so that data usage can be done synchronously in the same transaction.
With its unique characteristics and pioneering vision, BAND's development potential is extremely promising.
✅ Right now, users can Buy/Sell BAND through the ONUS app at the best rates and completely free transactions.
✅ BANDVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 25x along with the most attractive trading fees in the market.
#Token_Spotlight #BAND #ONUS #ONUSPro
Notable news in the last 24 hours (17/10)
BTC: 28,300 USD | ETH: 1,592 USD| Total market cap: 1,069 billion USD
1️⃣ Bitcoin price fluctuated wildly following the false news about the Bitcoin Spot ETF. Rumors of the SEC approving the iShares Bitcoin Spot ETF pushed the BTC price to $30,000 before a sharp correction. BlackRock clarified that its ETF application is still under review, clearing up rumors swirling around the SEC's approval of the ETF.
2️⃣ The SEC "balked" in its efforts to appeal the Grayscale case. The U.S. Securities and Exchange Commission (SEC) does not appear to be expected to appeal the court's decision on the execution of Grayscale's Bitcoin futures exchange-traded fund (ETF). While the SEC has suffered legal setbacks in cases involving Grayscale, this has not been enough to increase the agency's ability to approve Bitcoin Spot ETFs.
3️⃣ Block acquires startup Hifi Fintech. Block, the fintech company founded by Jack Dorsey, has acquired Hifi, a music-focused startup that provides financial services to artists. This acquisition marks Block's ongoing commitment to economic empowerment through innovative financial technologies, as outlined on Hifi's updated website.
4️⃣ Upbit was given the green light by the Singapore government. Upbit has received approval in principle from the Monetary Authority of Singapore to provide digital asset services. Upbit Singapore may continue to offer regulated Digital Payment Token services pending full license approval.
Economic calendar for the second half of October (16/10 - 31/10)
Experiencing the first half of October with not too big fluctuations in the whole market, traders are waiting for good signals, promoting the market to have stronger growth.
Will the second half of October have any outstanding news that will have an impact on the price movement of Bitcoin in particular as well as the market in general?
🗓 In the second half of October, the US and major economies will announce a number of important events that have a direct impact on the USD, the DXY (USD Strength Index) as well as financial markets.
👇 Here is a summary of 5 important events that can impact the cryptocurrency market in general and Bitcoin in particular.
#ONUS #ONUSPro #Bitcoin #FederalReserve #PCE #GDP
Notable news in the last 24 hours (16/10)
BTC: 27,167 USD | ETH: 1,561 USD| Total market cap: 1,040 billion USD
1️⃣ Metamask returned to the App Store after briefly disappearing. MetaMask, the leading cryptocurrency wallet provider, recently resurfaced on the Apple App Store after being temporarily removed. The subsequent deletion and restoration of the app sparked speculation in the crypto community. A representative from Metamask has corrected that this is just an unintended error, not related to the security of the application.
2️⃣ California initiates crypto regulatory framework. California Governor Gavin Newsom has initiated a regulatory framework for the emerging crypto industry, known as the Digital Financial Assets Act. The new law empowers the Department of Financial Protection and Innovation (DFPI) regulation and an implementation period of 18 months. Governor Newsom believes the framework will strengthen consumer and investor protections, reduce fraud and strengthen accountability against illegal activities.
3️⃣ The South Korean cryptocurrency market exploded in the latest report. According to a report by the South Korean Financial Services Commission, the country's cryptocurrency market value has increased by 46% year-on-year in just the first 6 months of the year. The majority of cryptocurrency holders in South Korea are over the age of 30.
4️⃣ Hong Kong is set for a public consultation on regulation related to stablecoins. The Hong Kong Monetary Authority is currently preparing for a public consultation on stablecoin regulation. NFTs, if they are purely digital collectibles, are not regulated by the Securities and Futures Commission. However, if they constitute "collective investments" or have the characteristics of "securities", they will require the approval of the Commission before being offered to the market.
Notable news in the last 24 hours (14/10)
BTC: 26,918 USD | ETH: 1,554 USD| Total market cap: 1,032 billion USD
1️⃣ Tether appoints new CEO. On the evening of October 13, 2023, Tether, the world's largest issuer of the USDT stablecoin, promoted its longtime CTO holder Paolo Ardoino to the position of CEO. Ardoino will begin his new role in December 2023, succeeding Jean-Louis van der Velde, who will move into an advisory role at Tether and CEO of Bitfinex, a cryptocurrency exchange platform closely linked to stablecoin issuer USDT.
2️⃣ Binance Labs announces investment in Initia. Binance Labs, the venture capital arm of the Binance exchange, announced on October 12, 2023 its investment in Initia, a Layer-1 blockchain project on the Cosmos network. Initia will use the newly raised capital to provide infrastructure for developers to build their own Layer-2 scaling solution. This allows them to extend their product tools and develop decentralized applications (dApps), expanding the Initia ecosystem. Details of the investment amount were not disclosed.
3️⃣ Terraform Labs accused Citadel Securities of causing the collapse of the UST stablecoin. Terraform Labs, the organization behind the Terra (LUNA) blockchain, has once again criticized market maker Citadel Securities for their role in a "deliberate, proactive effort" to cause the devaluation of Terra's stablecoin in 2022. On October 10, Terraform Labs filed an application with the U.S. District Court for the Southern District of Florida to charge Citadel Securities LLC with conducting suspicious trading activities in May 2022.
4️⃣ Genesis halted withdrawals following a court decision involving FTX. Genesis Global Trading (GGC) has been ordered to pay a whopping $175 million to FTX. The directive stems from a lawsuit in which FTX, along with its affiliate Alameda Research, sought significant financial compensation from Genesis. Furthermore, recent reports suggest that Genesis allegedly halted customer withdrawals in its lending division.
🚀 LOOM rises 511.423% after 1 month, hits the highest in 5 years
🌟 As a network of DPoS Sidechains, Loom Network allows developers to run large-scale decentralized applications such as online games and social networks.
🥈 LOOM, the native coin of the Loom Network ecosystem, is now leading the Top Gainers on ONUS after witnessing a recent continuous growth. On this morning, LOOM officially surpassed the 7,200 VNDC mark for the first time since August 6, 2018, peaking at 7,285 VNDC.
🔥 In the last 24 hours, LOOM has gained 26.97%, with a trading volume of 144.5 million USD, 3 times the average trading volume of the previous 10 days. At the broader time frame, this asset has officially hit the growth of 511.423% after just 1 month.
💬 What do you think about LOOM's price change? Please share your opinion in the ONUS community!
Notable news in the last 24 hours (13/10)
BTC: 26,795 USD | ETH: 1,541 USD| Total market cap: 1,026 billion USD
1️⃣ Circle partnered with the Philippine cryptocurrency exchange to promote the USDC exchange. Circle will partner with Coins. ph, a cryptocurrency exchange based in the Philippines, to accelerate the transfer process through its USDC stablecoin. According to statistics, the Philippines received $38 billion worth of remittances in 2022. This partnership will help reduce remittance costs from 5.7% to less than 3%, solving a major pain point for recipients and helping to increase USDC's popularity in the region.
2️⃣ UK MPs warn NFTs and Fan Tokens. On October 11, MPs and the UK Culture, Media and Sport Committee issued a press release asking the UK Government to take measures to protect creators from NFT-related copyright infringement and address potential issues from sports organisations issuing digital assets, also known as Fan Token.
3️⃣ Binance continues to struggle in the UK. Recently, Binance has continued to face new obstacles in the UK, when its advertising here has been subject to legal action from the government. The UK's Financial Conduct Authority (FCA) has introduced restrictions on cryptocurrency advertising services for the company "Rebuildingsociety Limited". It is a company that has been authorized by the FCA to approve crypto-related marketing and communication materials from Binance within the UK territory, as an "S21 approver".
4️⃣ Platypus Finance was hacked, $2 million in damages. Platypus Finance, a DeFi protocol operating on the Avalanche network, fell victim to a security hack this morning. Security firm PeckShield reported an estimated loss of more than $2 million. The incident appears to be the result of a flash loan attack, the apparent target of the AVAX-sAVAX liquidity pool — although an official comment on how the attack worked has yet to be announced.
🌟 Token Spotlight: Optimism (OP), a strong contender in the L2 race
Optimism is arguably one of the best options right now, and this ecosystem has received a lot of attention from the Ethereum community recently.
Optimism or Ethereum Optimistic (OE) is a Layer 2 scaling solution that allows users to send transactions on the Ethereum network at faster speeds and much lower gas fees than usual.
🤔 What outstanding features does OP have to help the project thrive in the future?
👉 OP supports increasing transaction speed with optimal gas fees. With its Rollups technology, OP will bring fast processing speeds, gas fees will be reduced from 10-100 times compared to current gas.
👉 OP makes dApp scaling and deployment convenient. OP fully supports EVM, Ethereum dapps or dApps in other EVM-compatible ecosystems can be run on layer 2 with just a few lines of code.
👉 OP ensures the security of the network at the highest level. Optimism inherits the strict security level of Layer 1 Ethereum, keeping the network protected and ensuring the highest level of security.
With its unique characteristics and pioneering vision, OP's development potential is extremely promising.
✅ Right now, users can Buy/Sell OP through the ONUS app at the best rates and completely free transactions.
✅ OPVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 20x along with the most attractive trading fees in the market.
#Token_Spotlight #OP #ONUS #ONUSPro
📣 Futures Assistant - 12:30 today: FED announces the CPI for September
➡️ According to the forecast, the US CPI increased slightly by 0.3% compared to the previous month, the Core CPI was kept unchanged at 0.3%.
⚡️ At 12:30, 12/10/2023, FED will officially release the CPI inflation index. If CPI and Core CPI are kept as forecast or slightly decreased, it will be a good signal, which is a driving force for the market to recover. If the published indicator is higher than forecast, the market tends to correct downwards due to the not very positive macroeconomic situation.
‼️ One of the important indicators that has a decisive influence on the direction of the economy is the CPI, so the CPI released tonight will greatly affect the trend of the market in the near future. Everyone pays attention to the time frame to be able to conduct the transaction.
#Futures_Assistant #ONUS #ONUSPRO #CPI #FED
Notable news in the last 24 hours (12/10)
BTC: 26,848 USD | ETH: 1,561 USD| Total market cap: 1,031 billion USD
1️⃣ WOO Network plans to buy back and burn 3AC-related tokens. Cryptocurrency exchange WOO is preparing to buy back its shares and WOO tokens that are owned by Three Arrows Capital (3AC) fund to "address potential risks." WOO said that it has reached an agreement with Teneo, 3AC's liquidator, to buy back shares and tokens it purchased during WOO's Series A funding round in November 2021. It is estimated that the tokens burned are worth approximately $3.4 million.
2️⃣ Blur announces BLUR season 2 airdrop opening time. Blur, a fast-growing NFT platform, just announced plans to conduct a season 2 airdrop on Nov. 20. According to the information, Blur will distribute a total of 300 million BLUR tokens in this airdrop, which is equivalent to 10% of the total token supply. The estimated value of this airdrop is around $49.2 million based on the current BLUR rate.
3️⃣ TON Foundation announces partnership with Alibaba Cloud. Telegram partner TON Foundation announced that it will partner with Alibaba Cloud on October 31 to set up 256 servers for performance testing. This experiment aims to register the "world's fastest blockchain" in the Guinness Book of Records.
4️⃣ Polygon Labs wants to make layer-2 for ApeCoin. On the evening of October 10, 2023, Sandeep Nailwal, co-founder of Polygon Labs, launched a new initiative on the ApeCoin DAO forum, proposing that both parties work together to build a Layer-2 using his ZK technology-based blockchain development kit, the Polygon Chain Development Kit (CDK). If the proposal passes, the investor community will witness the launch of the ApeCoin Layer 2 network known as "ApeChain" with an annual maintenance cost of around $200,000 from the ApeCoin DAO.
🔥 Neutron Token (NTRN) gets listed on ONUS
Starting from 05:00 UTC on October 11, we officially list Neutron (NTRN) on the ONUS application.
Soon after NTRN is added, users can perform Off-chain and Trade features with this asset.
👉 Details: https://goonus.io/en/neutron-token-ntrn-gets-listed-on-onus/
💵 Claim your 150,000 VNDC Trial Fund 💵
Earn real profits with 150,000 VNDC Futures Bonus from ONUS 🎁
✅ All resulting profits from the Trial Fund can be withdrawn at ANY TIME.
🤔 How to receive rewards:
1️⃣ Open a #ONUS account and complete advanced KYC
2️⃣ Tag & Share Facebook post with the hashtag #ONUS_150k_Bonus
3️⃣ Submit your info: earn.goonus.io/en/projects/ONUS-cap-von-150k
✅ Applicable to ALL users who complete advanced KYC during the promotion period.
✅ The Trial Fund will be unlocked when accumulating enough Futures trading volume.
In addition, 10,000,000 VNDC Prize Pool will be shared among the top referrers 🫂
⏰ Ending time: 10:00 UTC October 15, 2023
Notable news in the last 24 hours (10/10)
BTC: 27,640 USD | ETH: 1,585 USD| Total market cap: 1,052 billion USD
1️⃣ Justin Sun takes notable action with Ethereum. On-chain data shows that Justin Sun, the founder of Tron (TRX), has just suddenly moved hundreds of millions of dollars worth of ETH. Specifically, Lookonchain discovered Sun's ETH transactions totaling $132 million. However, through the investigation, this may just be Justin Sun's act of exchanging storage wallets.
2️⃣ The Ethereum Foundation continuously sells ETH. On the afternoon of October 9, 2023, on-chain data shows that wallet addresses labeled Ethereum Foundation, the organization that manages Ethereum, have just moved to swap 1,700 ETH via Uniswap DEX exchange to receive 2.76 million USDC. On-chain information from the Arkham Intelligence tool also shows that this wallet address holds 240.68 ETH, 3.2 million USDC, 49,700 DAI and 10,000 ARB, for a total asset of 3.687 million USD.
3️⃣ FTX uses algorithms to falsify the value of customer insurance funds. According to the testimony of FTX co-founder Gary Wang, crypto exchange FTX used hidden Python code to transform the value of its insurance fund. Wang added that FTX's $100 million insurance fund in 2021 was actually fake and did not contain any FTT tokens from the exchange.
4️⃣ Binance continues to collaborate with superstar Cristiano Ronaldo on the next NFT collection. According to information from ChainCatcher, Binance has announced its third partnership with football legend Cristiano Ronaldo and will launch the CR7 ForeverZone NFT series in October this year.
Notable news in the last 24 hours (19/10)
BTC: 28,245 USD | ETH: 1,549 USD| Total market cap: 1,057 billion USD
1️⃣ Vitalik Buterin dismisses the idea of selling Ethereum. Recently, Vitalik Buterin, the founder of Ethereum, responded to the community's questions about his preparation to sell ETH. On Warpcast, Farcaster's centralized social media platform, Vitalik Buterin has just shared that moving ETH to his CEX exchanges is not for sale, but rather to donate to charities, non-profits, or other projects. He asserts that he has not sold ETH for personal gain since 2018.
2️⃣ SUI prices fell after news that Sui was investigated by South Korea. Recently, Sui Network has come under criticism and investigation from the Korean Financial Supervisory Authority. This has caused the price of the SUI token to decline amid the difficult altcoin market. During a Q&A with Senator Min Byung-deok, Director of the Korea Financial Supervisory Authority (FSS), Lee Bok-hyun pledged to create transparency towards controlling the supply of SUI cryptocurrencies. This has caused the price of SUI to continue to "plunge" amid the difficult altcoin market.
3️⃣ Scroll officially launches mainnet. Scroll's X account has announced the mainnet rollout. In the early stages, they focus on developing infrastructure to support projects that integrate products into the network. In its official blog post, Scroll says that its zkEVM technology offers an experience almost identical to Ethereum, but at a lower cost, faster speeds, and infinite scalability.
4️⃣ MOON and BRICK prices dropped 90% following Reddit's announcement. In an official announcement on the r/cryptocurrency subreddit, a member of the Reddit team said that while the platform sees "some future opportunities for Community Points, there is no path to expand it across the entire platform." This information caused investors to "rush" to sell Reddit's two community tokens, MOON and BRICK, leading to the two tokens falling in price by more than 90%.
Notable news in the last 24 hours (18/10)
BTC: 28,456 USD | ETH: 1,564 USD| Total market cap: 1,066 billion USD
1️⃣ BNB Greenfield official mainnet. BNB Chain's infrastructure-based decentralized data storage solution called BNB Greenfield has been deployed mainnet, after more than a year of testing and development. Greenfield is introduced as a solution to support users and dApps on the BNB Chain ecosystem to create, store and trade data in a common economy.
2️⃣ Binance US officially stops USD withdrawals. Under continued regulatory pressure, Binance US has officially halted all USD withdrawals. The suspension of the USD withdrawal service will take effect from this week. These changes were communicated via email to users. There, they announced a new requirement for Binance US customers to convert their dollars into "stablecoins or other digital assets," after which they can withdraw funds. Furthermore, the updated terms also note that U.S. dollar deposits are no longer insured by the FDIC.
3️⃣ TrueUSD customer data was leaked. TrueUSD, the issuer of the TUSD stablecoin, has announced that it has experienced a security attack from a third party. This attack resulted in the leaking of personal information of some of their customers. The issuer of the TUSD stablecoin has also confirmed this information and stated that neither the TUSD system nor the TUSD reserve are affected.
4️⃣ Meitu is about to sell $100 million worth of Bitcoin and Ethereum at a loss. Specifically according to the announcement, due to financial losses incurred because of investing in cryptocurrencies, Meitu has decided to divest its entire crypto portfolio. Accordingly, they will redirect capital to the thriving field of artificial intelligence (AI). Meitu invested $100 million to buy 31,000 ETH and 940.89 BTC. However, due to cryptocurrency market volatility and macroeconomic situation, the company faced a loss of around $24.76 million.
ONUS Voting: Upgrading ONUS Shares to v4.0
With the aim of increasing rewards and reducing ONUS Coin inflation, the proposed team is upgrading ONUS Shares to version 4.0, expected to be implemented from cycle 16.
ONUS Shares members have the right to participate in voting to approve or disapprove these adjustments. The voting results will determine the future mechanism of ONUS Shares.
Details👇
https://goonus.io/en/onus-voting-upgrading-onus-shares-to-v4-0/
ONUS Futures Pro #New_Listing: BANDVNDC, BONDVNDC, STRAXVNDC
Trade now at: https://pro.goonus.io/en/
📌 Detail: https://goonus.io/en/onus-futures-pro-new-listing-bandvndc-bondvndc-straxvndc/
📰 Stratis announces their plans for StratisEVM, STRAX rises 37.24%
Blockchain-as-a-service (BaaS) platform Stratis recently announced their plans for StratisEVM, a new blockchain that leverages an Ethereum.
As Stratis submerses itself into the Ethereum network, it unlocks a multitude of opportunities, including access to mature web3 tooling, streamlined entry to DeFi protocols, and a thriving ecosystem of dApps, while also becoming more accessible to a well-established developer community.
➡️ As a result of the above news, STRAX, the utility coin in the Stratis ecosystem, has surged by 37.24% in the last 24 hours.
➡️ At the broader time frame, this asset has officially hit the growth of 55.2% after 1 week and 121.53% after 1 month.
🏆 With these achievements, STRAX has now ranked 2nd in the Top Gainers on the ONUS app.
📣 Announcement: Disable 2 Farming Pools for BNB (Auto-Renew)
After the end of the current cycle, ONUS will close 02 Farming Pools (Auto Renew) for BNB:
- Farming Pool BNB – VNDC (30 days)
- Farming Pool BNB – VNDC (90 days)
Users participating in these 02 Farming Pools will continue to complete the current cycle and can withdraw all deposited assets after the end of their cycle.
Starting from 04:00 UTC on October 14, 2023, users cannot deposit BNB to participate in these 02 Farming Pools.
📌 Official announcement: https://goonus.io/en/announcement-disable-2-farming-pools-for-bnb-auto-renew/
🔥 New Listing!
ONUS Futures Pro opens new trading pair: BIGTIMEVNDC. Trade now!
📌 Details: https://goonus.io/en/onus-futures-pro-new-listing-bigtimevndc/
🔥Big Time Token (BIGTIME) gets listed on ONUS
Starting from 04:30 UTC on October 13th, we officially list Big Time (BIGTIME) on the ONUS application.
Soon after BIGTIME is added, users can perform Off-chain and Trade features with this asset.
👉 Details: https://goonus.io/en/big-time-token-bigtime-gets-listed-on-onus/
📢 Delist Matching game (MATCH)
Based on the latest announcement from the HTX exchange – where ONUS takes liquidity for Matching game (MATCH), this exchange officially delisted this asset.
Since there is no alternative source of liquidity, the team will proceed to delist Matching game (MATCH) on the ONUS app:
- ONUS closed all features for Matching game (MATCH): Off-Chain, Trade.
- Users’ MATCH balances will be automatically converted to USDT at the exchange rate at 08:00 UTC October 9th.
📌 Official announcement: https://goonus.io/en/delist-matching-game-match/
🔥 New Listing!
ONUS Futures Pro opens a new trading pair: LOOMVNDC. Trade now!
📌 Official announcement: https://pro.goonus.io/en/help-center/announcements/onus-futures-pro-new-listing-loomvndc
📢 Announcement: Suspend On-chain Transactions via Polygon
According to the official announcement from Polygon, the Polygon network upgrade and hard fork will occur on October 13, 2023.
Accordingly, the team would like to announce: Starting from 11:00 (UTC) on October 13, 2023, deposits and withdrawals via Polygon will be suspended on the ONUS app.
During this time, customers cannot make On-chain deposit/withdrawal transactions via the Polygon network on the ONUS app.
Polygon On-chain transactions will be reopened after the upgrade is completed, based on an update from Polygon. ONUS will not notify users in a further announcement.
👉Official announcement: https://goonus.io/en/announcement-suspend-on-chain-transactions-via-polygon/
🚀 Top 5 Daily Gainers
1. REQ: +71.08%
2. RARE: +22.72%
3. NTRN: +17.87%
4. JOY: +13.06%
5. AIDOGE1B: +12.71%
Although the global cryptocurrency market remained under the influence of correction, some altcoins still witnessed strong growth over the past 24 hours.
🏆 REQ, the token of the decentralized payment system Request Network, is leading the Top Gainers on ONUS with a solid increase of more than 71%, and a trading volume of up to $38.25 million, an extremely impressive figure when compared to the average of $4 million of the previous 10 days.
🥈 Neutron (NTRN), a new asset listed on the ONUS app, also surprised when it took the 3rd positions in the Top Gainers on ONUS with a growth of 17.87% after 24h.
🥉 Other assets also made the list, including RARE (up 22.72%), JOY (up 13.06%) và AIDOGE1B (up 12.71%).
Notable news in the last 24 hours (11/10)
BTC: 27,106 USD | ETH: 1,559 USD| Total market cap: 1,036 billion USD
1️⃣ Israel's Web3 community establishes Crypto Support Fund to provide humanitarian assistance. Israeli Web3 leaders set up the Crypto Aid Israel fund to support citizens displaced by conflict, using Bitcoin, Ethereum and stablecoins to donate. Crypto assets will be managed by Fireblocks and require at least four of the seven signatories to transfer funds. So far, the foundation has raised $41,000 for humanitarian causes.
2️⃣ The weekly flow of cryptocurrencies increased by 370%. The crypto asset attracted $78 million in inflows last week, marking a 3.7-fold increase from the previous week, which saw only $21 million inflows. Solana is one of the places that attracts large cash flows. The network recorded its highest inflows since March 2022, with weekly inflows of $24 million.
3️⃣ Binance announces new Launchpool despite strained regulatory status. The next launchpool to be introduced is Neutron (NTRN), which will begin on October 11, 2023. Launchpool was announced by Binance despite the ongoing legal troubles besetting the exchange.
4️⃣ Ripple's CFO resigns. Chief Financial Officer Kristina Campbell recently stepped down from her position at Ripple and took the same position at Maven Clinic, an online healthcare provider. According to Campbell's LinkedIn profile, her journey at Ripple spanned 2 years and ended in October. The news of Campbell's departure from Ripple comes amid a legal battle between Ripple and the US Securities and Exchange Commission (SEC).
🌟 Token Spotlight: Woo Network (WOO), the perfect combination of CEX and DEX
WOO Network is a trio of exchanges including WOOTrade, WOO X, WOOFi. In particular, WOOTrade and WOO X will focus on the CeFi segment (similar exchanges to Binance, etc.), WOOFi will be in charge of DeFi.
WOO Network has been very clever when providing the above 2 types of exchanges at the same time. At the same time, the project also combines their liquidity to minimize the weaknesses of these 2 types of exchanges.
🤔 What outstanding features does WOO have to help the project thrive in the future?
👉 WOO optimizes capital efficiency. WOO Network applies The Proactive Market Maker (PMM) algorithmic model introduced by DODO with high performance and is proven to improve capital efficiency through the creation of on-chain order books. This approach also causes WOO Network to internalize the process of ordering the order books.
👉 WOO can use liquidity in the ecosystem flexibly. WOO Network has developed its suite of products including providing both DeFi services and as a CEX exchange. This will make it possible for them to serve a wider range of customers within their own ecosystem.
👉 WOO will share the profits of the investment with the community. WOO Ventures will deduct 50% of the profits from the investment (if any) to return to WOO token holders, but it will vary in many forms. Be it staking to get more rewards, etc.
With its unique characteristics and pioneering vision, WOO's development potential is extremely promising.
✅ Right now, users can Buy/Sell WOO through the ONUS app at the best rates and completely free transactions.
✅ WOOVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 20x along with the most attractive trading fees in the market.
#Token_Spotlight #WOO #ONUS #ONUSPro
🚀 Top 5 Daily Gainers
1. TURBO: +33.33%
2. KIN: +31.51%
3. STMX: +22.88%
4. AIDOGE1B: +21.74%
5. AFK: +20.27%
🏆 After adjustment, meme coins continued to dominate The Top Gainers and Top Trending on ONUS with outstanding growth. TURBO and AIDOGE1B are currently ranked 1st and 4th in the Top Gainers on ONUS, with growth rates of 22.19% and 17.28%, respectively.
🥈 KIN is also outstanding since it has witnessed continuous growth in recent days. Ranked 2rd on the Top Gainers, KIN has gained 31.51% in just 24 hours. At the broader time frame, the asset has grown by a whopping 144.53% in 1 week.
🥈 Other assets also made the list, including STMX (up 22.88%) and AFK (up 20.27%).