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Cryptocurrency mega-thread

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Polkadot slot auctions are open with a 'warm up' period on Binance, which gives an opportunity to earn extra rewards.

I've allocated towards Moonbeam and Acala so far. I will likely also contribute to Kilt when it's available.
Intestingly I also shortlisted Moonbeam and Acala, as well as Bifrost. Thanks for the tip to look at Kilt.
Interesting that Kraken didn't allow Australia to access parachain auctions through their portal but Binance does.
 

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Any more presales you are looking at?
Looking at this one this week. Presale in 3 and a half days. New gaming project, which are pretty hot right now.

https://www.pinksale.finance/#/launchpad/0x201B51F43ddF08f20Ea17A469e136aC9Dd551720?chain=BSC

They already gave out 50 NFTs to the first 50 people to enter the telegram. Not too much hype now but I'd expect people to flood into the TG around 2 days prior to presale. Looks like a fair bit of work gone into it already so I'm fairly confident it's not a rug at this stage.
 
A few crypto influencers are plugging Merit Circle over the last few days, has anyone looked into this? I’m always cautious with influencers shilling a project they were able to get into the presale on and buy at a cheaper price than the general market. It’s on the Ethereum network and so the gas fees mean you need to buy a decent amount to make it worthwhile. Market Cap already 350M only a few days since launch.
 
Didn’t check my trust wallet for a day. Login and see this. Alas I don’t think it’s an accurate price.

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Yeah I saw that yesterday. It was listed on CoinMarketCap at $74 or something crazy. It’s a glitch, MetaMask didn’t do it. I guess trust wallet takes their information from CoinMarketCap?
 

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What do people think about the Solana news?

My sell order hit as I'm typing at $246. Could be a bit of a dump happening.

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Solana has had a few red flags for a while. The distribution from the beginning was very centralised to the devs. Ethereum and Cardano both have far superior tokenomics if the basis is true decentralisation (over 85% of supply with the general public); Solana is basically an arm of FTX.
 
Solana has had a few red flags for a while. The distribution from the beginning was very centralised to the devs. Ethereum and Cardano both have far superior tokenomics if the basis is true decentralisation (over 85% of supply with the general public); Solana is basically an arm of FTX.

And that's why SOL will have far greater adoption in the long run because they are about working with governments and financial systems, not clinging onto the hope decentralisation is going to happen on some large scale.

Governments won't allow it so it's the projects and people that are happier to work with them who'll succeed the most.

Who do you think big money institutions would rather get behind, Bankman-Fried or Hoskinson?
 
And that's why SOL will have far greater adoption in the long run because they are about working with governments and financial systems, not clinging onto the hope decentralisation is going to happen on some large scale.

Governments won't allow it so it's the projects and people that are happier to work with them who'll succeed the most.

Who do you think big money institutions would rather get behind, Bankman-Fried or Hoskinson?

Agree 100%
 
Intestingly I also shortlisted Moonbeam and Acala, as well as Bifrost. Thanks for the tip to look at Kilt.
Interesting that Kraken didn't allow Australia to access parachain auctions through their portal but Binance does.
I'm glad the auctions are available on Binance. I participated in the Kusama auctions and had to fumble my way through the Polkadot.js mess.
 

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