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In 2017, Binance launched its initial coin offering (ICO) for BNB to raise funds for building its cryptocurrency exchange platform. At the time, BNB was introduced at a modest price of $0.10 per token. Despite being a relatively new exchange in a crowded market, Binance quickly gained popularity due to its fast transaction speeds, low fees, and a clever use case for BNB: users who held BNB could use it to pay for trading fees on the platform, often at a discounted rate.

One of the unique things about BNB was the “burn” mechanism. Binance announced that every quarter, it would buy back and “burn” (permanently destroy) a portion of BNB tokens, reducing the total supply and increasing scarcity. This burning process is a way to reward long-term holders, as it could potentially boost the coin’s value over time.

Over the years, as Binance grew into the world’s largest cryptocurrency exchange, BNB saw tremendous growth. From its humble beginnings, the coin reached extraordinary heights, sometimes even surpassing $600 in value during the 2021 bull run.

What makes this story interesting is the foresight of early BNB investors. Many people who purchased BNB during its ICO at $0.10 sold it for a few dollars soon after, thinking they made a good profit. But those who held onto their BNB for a few years saw their investments turn into a small fortune, with some early investors experiencing gains of over 100,000%.

The rise of BNB is not just a story of a successful cryptocurrency but also a testament to how strategic innovations, like the BNB burn mechanism and the token’s integration into Binance’s ecosystem, can drive long-term success in the volatile crypto market.
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What is Memefi ?
MemeFi Coin popular offers a tap-to-earn game where players defeat ghostly enemies to earn virtual coins. It provides daily combo codes, video codes, and YouTube codes for additional rewards
Does meme coin have future?
Memecoin continues its growth trajectory, and according to analysts, Great chances for worth.
MemeFi Airdrop criteria;
Only those who have accumulated a minimum number of coins will be considered for the airdrop. Additionally, top players will receive rewards in a non-linear fashion based on their coin totals.
How to join MemeFi Airdrop!
✨ Visit the Airdrop Page: Click on claim
✨ Register yourself
✨ Connect wallet
✨ Receive tokens

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1. Speculated Listing Date

The community is buzzing with speculation that the Blum coin listing will occur in October 2024, coinciding with a highly anticipated airdrop.

2. Total Supply and Scarcity

With a total supply of 10 billion tokens, the limited availability enhances the positive outlook for Blum coin price predictions.

3. Initial Price Projections

Early projections indicate that the price of Blum could range between $0.010 and $0.015 by the end of 2024, contingent on market conditions and project developments.

4. Impact of Scarcity on Price Growth

This scarcity may drive future price appreciation, especially with ongoing momentum in the cryptocurrency market.

5. Increasing Trading Volume

Since its listing, Blum coin has experienced a steady increase in trading volume, reflecting strong interest from the crypto community.

6. Support from Innovative Features

The coin’s performance has been supported by its innovative features and the growing adoption of its ecosystem.

7. Optimistic Future Outlook

Analysts express optimism about the future of BLM, bolstered by an ambitious roadmap from the development team that includes new features and partnerships to expand the coin’s reach.

8. Community Engagement
As more users and developers join the Blum ecosystem, the value of BLM is anticipated to rise.

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➖ Technical Analysis

80 days and no new highs. Still a lower high compared to 29-July. 225 days since the March peak. Major consolidation before a final leg-down. The end of the correction. The market crash. Bitcoin's 2024 capitulation event. Below you have the full trade-numbers from my latest Bitcoin trade.

➢ SHORT BTCUSDT

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$BTC

Entry levels:1) $70,5002) $68,0003) $67,000Targets:0) $64,0001) $60,0002) $57,0003) $53,5004) $50,0005) $44,4446) $39,0007) $36,5008) $33,500

Stop-loss:
Adjust to your own risk tolerance.