BNB Drops $200K on Chinese Memecoins – What Happens Next?

This update will speed up transactions and allow BNB Chain to handle more activity, helping it become a major player in the growing world of memecoins.

This update will speed up transactions and allow BNB Chain to handle more activity, helping it become a major player in the growing world of memecoins.

This précis seeks to untangle the ribbons of fees, risks, and the kaleidoscope of holdings, that you might choose your champion with the wisdom of a back-alley numerologist rather than a coin-toss gambler.

Note: The SEC’s formulary price was $49.58-because apparently, the SEC has a better sense of a stock’s worth than your last date. The market closed at a cozy $50.04, just to keep us all honest.

According to market data from Bitfinex, the leading privacy coin by market cap, Monero ( XMR) has ascended to a lifetime high of $545 per coin, surpassing its 2021 peak near $518. For many, this ascent seems tied to a selective altcoin pop and a discernible rotation of capital away from Zcash (ZEC) holdings. 🤔💸

At this very moment, the “King Coin” trades at 90,739, a mere 0.12% dip on the daily charts-a yawn so profound it could lull even the most zealous HODLer to sleep. Meanwhile, the Futures market’s whales, those aquatic titans of crypto, have grown timid, trimming their sails like sailors fearing a storm. 🌊

All this based on SEC Form 4’s weighted average purchase price of $38.70, a number that, frankly, could make a mathematician smile rather than frown, considering the recent rally.

no intermediary beasts (trusts, funds, or gifting spirits) were present, lest they sully the transaction’s pristine absurdity.
Ki Young Ju, the founder of CryptoQuant, has taken to X like a man with a quill and a grudge, declaring that the platform’s algorithm is as subtle as a sledgehammer. Instead of whacking bots, it’s punishing honest folks who dare to mention “crypto” with a straight face. 🧠

even giants trim their sails when the wind shifts.

Beta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns.