Then 5% goes to buying back and burning tokens to reduce circulation and increase demand for the token. The buyback and burning process is automated. With every transaction, 5% of the 12% fee goes to the Buyback smart contract, which automatically buys tokens from the liquidity pool and burns them. Therefore, Safemoon members would also want to invest in a coin whose supply is diminishing hence a consistent increase in the price of the coin.
Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
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Fun StuffRussell Alexander was wrongly advised he could keep the money and even bought a house.
“Volatility is as old as the hills, and it’s not going anywhere,” Noble says. “It’s something you have to deal with.”
The crypto industry is still very young. Bitcoin, the most well-known and first viable cryptocurrency, is only 12 years old. Even the biggest companies in crypto are often recent start-ups. One of these companies is Binance. Founded just 4 years ago in 2017 Binance has grown to become a leader in cryptocurrency exchange. However, there is more than one Binance. Read on to learn how Binance relates to Binance.US. Difference Between Binance and Binance.USCurrencies OfferedTrading FeesLiquidityConclusion
When formed by real members instead of bots—we’ll get to that in a second—these communities are unofficial and unpaid public relations departments continually working in favour of the reputation of the projects they support.
NYC is getting its own city coin in line with the incoming mayor's crypto hub vision
Tesla-linked crypto tokens are trading 5% below the stock's current price as traders react to possible Musk share sale
SAN SALVADOR, El Salvador (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning.
Beijing's crackdown on cryptocurrency sends bitcoin entrepreneurs moving to the wild wild west.
The CEO of the electric vehicle pioneer detailed his sales to the Securities and Exchange Commission. He exercised 2.2 million options, sold some to pay income tax, and then sold 3.6 million more shares.
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If you are worried about possible scams – funny enough DogeZilla claims it aims to make the crypto space safer for users.
HUH Token is currently in its presale stage and has no official release date as of yet, the creators have stated that it will be soon. The main question investors have is, which of these cryptocurrencies will turn their $1000 into much more? After examining both SafeMoon and HUH Token, these are some of the conclusions that have presented themselves
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