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However, a bit disappointed whey they don't do the regularly in every quarter. That will help BGB to pump harder (similar case happen to the BNB that surged a lot due to its buyback and burning mechanism). I hope bitget will consider to do that quarterly.
That's some good suggestion there. Hopefully one of the team members get this feedback haha.
Btw, I think this looks like another opportunity to stack up before the burn. Maybe a progreesive DCA into January might make sense.
Inflationary mechanism has been widely considered as one of the major deciding tool for rise in token value. Ethereum for example, uses both deflationary and inflationary mechanism. The inflationary mechanism which is primarily token-burns was introduced recently to control supply. While Ethereum inflationary mechanism employs token-burns from network fees, other projects do either, quarterly or yearly burn like BNB and BGB.
In Q4 of 2024, we saw how BGB for instance, rose from $1.4 to $8.5 after the Q4 burn of the token. Now, there is another burn on the horizon for the same token, coming up in Q2 of 2025, but the burning question is "will this burn contribute immensely to the token price as it did last year?
In Q4 of 2024, we saw how BGB for instance, rose from $1.4 to $8.5 after the Q4 burn of the token. Now, there is another burn on the horizon for the same token, coming up in Q2 of 2025, but the burning question is "will this burn contribute immensely to the token price as it did last year?
Tokens burns don't necessarily cause market prices to rise. It all depends on demand. If there's low demand for a token, don't expect a "pump" to occur anytime soon. Believe me, I've seen this happen many times. For instance, there's a coin called Garlicoin with a limited supply which never reached the "double digits". That's because there was no demand for the cryptocurrency, leading market prices all the way down the drain. DASH is in the same boat. Even Binance's periodic burns of BNB's supply hasn't had any effect over market prices. BNB still sits below $1k, ranked as the 5th largest coin by market cap.
At least, tokens burns help tame down inflation. It raises the possibility of higher market prices in the long run (subject to demand). Who knows which will be the next token/coin to be burnt by its developers?
Fun fact: 42 is an old coin with a very finite supply of 42 coins. Current market price hovers around ~$86k. Insane, isn't it?
If the ecosystem is not supportive around the token utility, such measure is bound to be futile.
Now, there is another burn on the horizon for the same token, coming up in Q2 of 2025
So, this burn has already happen since we're done with June which is the last month for Q2, I assume that it is not coming for Q3.but the burning question is "will this burn contribute immensely to the token price as it did last year?
Not at all times. There were projects that have burned their supply and nothing happened. I think it's just a good timing for the devs to do it last time because we're on a bull run. But if these devs do it at a wrong timing like in a bear market, there won't be any difference at all.Oh sh*t, did I say 2025? Nah, it's 2026.
And yeah, timing is very important especially when token momentum is at its peak and during the bull season.
Token utility in a strong ecosystem results in more demand for a rapidly decreasing supply of the token leading to increase in token value over time.
Looking at BGB, has the ecosystem done well to support this trend?
I think this is where the token is created like for example there is a token under ETH and then there is also under Solana, and the list goes on... Choosing a strong ecosystem can indeed contribute. For some, they can also go with a trendy ecosystem over the other. It works like a charm too. I still think ecosystem won't really matter but what important is the usability of the project.Looking at BGB, has the ecosystem done well to support this trend?
2 key words there (investors and devs). Investors are driven by utility created by innovative devs who strive to evolve the cosystem to meet the contemporary demands of users.
That should how a crypto project work, although before, that it is already how most things are working but unfortunately later on, there are now lots of copy-cats, low-quality, and fake projects. What is only surprising is that all of them can still be successful due to hype and massive marketing or manipulations.Yeah you are right about hype and marketing but if onchain data does not corroborate with the price movement, there are high possibilities of a massive dump in price later on.
We all expected liuquidity flow to alts in Q3 of 2024 but didn't happen basically because this bull cycle is more driven by adoption rather than market moves. So, project teams and devs need to up their game and ensure their ecosystem evolve to cater for the need of the society (global economy). BTC for instance is now used as strategic reserves, base value for ETF trades, payment solution etc, Ethereum, Ripple and Chainlink are rapidly evolving too to provide evolutionary banking solutions and meet defi needs.
Bitcoin's L2 already exist for that, truth is if you migrate such thing to bitcoin blockchain, the blockchain will be spammed heavily like how ordinals played out.
On the other hand you got L2 that was created to handle such thing and help smart contract to integrate to bitcoin.
Bitcoin's blockchain is already perfect as it is. If you care to look around, you'd find there are actually tons and tons of L2 of bitcoin.
On the other hand you got L2 that was created to handle such thing and help smart contract to integrate to bitcoin.
Bitcoin's blockchain is already perfect as it is. If you care to look around, you'd find there are actually tons and tons of L2 of bitcoin.
Unfortunately, Bitcoin L2 presents another essential problem - fragmented liquidity. I don't really know how ordinals was engineered (prbably an open-souce tech) but having a VM that audits transaction before being executed on L1 might be the solution here. I still believe Bitcoin L1 has a lot to offer in curating the present defi space if programmability is achieved.
Using BTC as fees, collaterals and getting yield from their defi stakes will be more reliable and universally appealing than ETH.
What if apples tasted like oranges?
You can't have any kind of token creation inside Bitcoin protocol at all. That's simply because Bitcoin protocol does not have that capability and for good reasons. Bitcoin is a payment system not a token creation platform.
When you see some people on the internet refer to some garbage as "token on bitcoin blockchain" is a scam. None of them are real tokens, they are arbitrary messages injected into bitcoin's blockchain to scam people with.
Similarly you can't really call platforms like Ethereum, Solana, etc. payment systems because they are designed to be token creation platforms and their protocol is specifically designed to do that. This is why for example ether is called "fuel for smart contracts" instead of being a currency.
You can't have any kind of token creation inside Bitcoin protocol at all. That's simply because Bitcoin protocol does not have that capability and for good reasons. Bitcoin is a payment system not a token creation platform.
When you see some people on the internet refer to some garbage as "token on bitcoin blockchain" is a scam. None of them are real tokens, they are arbitrary messages injected into bitcoin's blockchain to scam people with.
Similarly you can't really call platforms like Ethereum, Solana, etc. payment systems because they are designed to be token creation platforms and their protocol is specifically designed to do that. This is why for example ether is called "fuel for smart contracts" instead of being a currency.
You're literally saying Bitcoin L1 doesn't welcome innovations. Well, blockchain exist for this same reason - innovation. If you've been attentive enough, there's a major shift ongoing behind the scenes already on making Bitcoin L1 programmable with the likes of Arch network and OpnetBTC. Arch network uses a VM based on Solana's eBPF tech to execute defi on Bitcoin L1.
Also, ordinals were meant to be token standards on Bitcoin L1 using the BRC model but sadly, that has not gone as planned.
I know a lot of maxis might not wanna hear this but it's a possibility that might soon become our reality. I'm not certain about but when it does happen, there will be a major shift in the ecosytem.
With Bitcoin's immense dominance and unmatched market cap, imagine if DeFi was fully built on Bitcoin Layer 1, but with:
- Full composability (no bridges or wrappers needed)
- High scalability
- Full smart contract support
- Rollback options for critical events
If such a system became reality, would developers and builders flock back to Bitcoin, given its strong adoption and network effect?
And if that shift happens—what would become of Ethereum, Solana, and other DeFi-native chains that have long been the playground for innovation? Would they become obsolete, or would they evolve to remain relevant?
- Full composability (no bridges or wrappers needed)
- High scalability
- Full smart contract support
- Rollback options for critical events
If such a system became reality, would developers and builders flock back to Bitcoin, given its strong adoption and network effect?
And if that shift happens—what would become of Ethereum, Solana, and other DeFi-native chains that have long been the playground for innovation? Would they become obsolete, or would they evolve to remain relevant?
$PUMP Launch: Memecoin Hype or a Turning Point for Pump.fun?
The announcement of $PUMP, the official token of Pump.fun, has sparked mixed reactions. While some critiques argue the platform hasn’t lived up to expectations so far, others believe the token could help fix those issues—especially as it introduces community governance, giving users a stronger voice in shaping the platform’s direction.
All eyes are on its public sale, going live across 6 centralized exchanges on July 12. According to Bitget, one of the participating exchanges, here are key details:
- Subscription Period: July 12–14
- Accepted Assets: USDT and USDC
- Minimum Participation: 5 USD
- Listing Date: TBD
https://x.com/pumpdotfun/status/1942947267436056740?t=GFk66oj0BmQ9ny47Dw7JWA&s=19
With Pump.fun seen as a symbol of memecoin culture, the big question is: Could this launch mark a broader acceptance of memecoins in mainstream crypto?
All eyes are on its public sale, going live across 6 centralized exchanges on July 12. According to Bitget, one of the participating exchanges, here are key details:
- Subscription Period: July 12–14
- Accepted Assets: USDT and USDC
- Minimum Participation: 5 USD
- Listing Date: TBD
https://x.com/pumpdotfun/status/1942947267436056740?t=GFk66oj0BmQ9ny47Dw7JWA&s=19
With Pump.fun seen as a symbol of memecoin culture, the big question is: Could this launch mark a broader acceptance of memecoins in mainstream crypto?
Don't we think it's time to look beyond the monetary gain of the bull cycle?
I believe it's time to look beyond the frequent fever of taking profit from crypto as the major purpose of this ecosystem. Let's look at the base tech and how we can all inspire users and non-crypto natives to explore it form more real world usecases and utilities.
DeFi has evolved over the years with earnings and utilities carved around:
1. launchpads
2. PoS and dPoS staking
3. yield market
4. LP fees
5. loans (lending and borrowing)
And with Bitcoin going DeFi very soon without leaving the base layer, more BTC utility might be on the horizon but will the maxis join the train? But what "if" devs can bring this huge $2T market to the DeFi world and provide real world and crypto solutions?
What if we look deeper into the many ways to benefit from defi and blockchain? We might actually just make this ecosystem the major backbone of world economy!
DeFi has evolved over the years with earnings and utilities carved around:
1. launchpads
2. PoS and dPoS staking
3. yield market
4. LP fees
5. loans (lending and borrowing)
And with Bitcoin going DeFi very soon without leaving the base layer, more BTC utility might be on the horizon but will the maxis join the train? But what "if" devs can bring this huge $2T market to the DeFi world and provide real world and crypto solutions?
What if we look deeper into the many ways to benefit from defi and blockchain? We might actually just make this ecosystem the major backbone of world economy!
Token burning is done with the aim of reducing the total number of a particular token being in circulation to a eater address and it was being done in other to help enables the token reduced in circulation and with the intent of increasing its demand, so that it value may rise, but at the end, its not an effective means of achieving the rise in value of a token, it has a lot to do with the developers and those investing in the token before anything could be done.
Yeah. 2 key words there (investors and devs). Investors are driven by utility created by innovative devs who strive to evolve the cosystem to meet the contemporary demands of users. Ethereum on one hand has done immensely by introducing blob on the mainnet, flexibility in tokens used for fee payments and defragmenting liquidity. For BGB, its ecosystem has evolved by adding more utility to the ecosystem through launchx, launchpool and the candybomb.
if their is no proper ecosystem to support the price of the token to sustain and attain the new all time highs, so token burn can help the price to surge if the team behind it a re legit.
I agree with you here. Token utility in a strong ecosystem results in more demand for a rapidly decreasing supply of the token leading to increase in token value over time.
Looking at BGB, has the ecosystem done well to support this trend?
Inflationary mechanism has been widely considered as one of the major deciding tool for rise in token value. Ethereum for example, uses both deflationary and inflationary mechanism. The inflationary mechanism which is primarily token-burns was introduced recently to control supply. While Ethereum inflationary mechanism employs token-burns from network fees, other projects do either, quarterly or yearly burn like BNB and BGB.
In Q4 of 2024, we saw how BGB for instance, rose from $1.4 to $8.5 after the Q4 burn of the token. Now, there is another burn on the horizon for the same token, coming up in Q2 of 2025, but the burning question is "will this burn contribute immensely to the token price as it did last year?
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In Q4 of 2024, we saw how BGB for instance, rose from $1.4 to $8.5 after the Q4 burn of the token. Now, there is another burn on the horizon for the same token, coming up in Q2 of 2025, but the burning question is "will this burn contribute immensely to the token price as it did last year?
[/url][/img]If someone told me we'll get to where memecoin launchpads like pumpdotfun and odindotfun produces huge volumes everyday, I'll probably laugh my ass to "coma" but here we're today savouring these moments and prolly saying memecoins are the best things that have happened during bears of 2021 - 2023.
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
Wish you could show you my PnL card. That would explain everything, haha. Anyway, memecoins feel kind of overdone now. Not many real winners left, it’s more like survival of the fittest. Still, there are some tools that help you get in early and stay ahead. What tools do you use to find and trade memecoins?
I've mentioned some existing tools in only message above. But still, it's better you double-check to avoid imminent loss. Sometimes, I hedge my losses by leveraging events like this
https://x.com/bitgetglobal/status/1942161761169203234
If someone told me we'll get to where memecoin launchpads like pumpdotfun and odindotfun produces huge volumes everyday, I'll probably laugh my ass to "coma" but here we're today savouring these moments and prolly saying memecoins are the best things that have happened during bears of 2021 - 2023.
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
Wish you could show you my PnL card. That would explain everything, haha. Anyway, memecoins feel kind of overdone now. Not many real winners left, it’s more like survival of the fittest. Still, there are some tools that help you get in early and stay ahead. What tools do you use to find and trade memecoins?
I've mentioned some existing tools in only message above. But still, it's better you double-check to avoid imminent loss. Sometimes, I hedge my losses by leveraging events like this [https:/[Suspicious link removed]/Hmqzg2sx76]
I've read a lot that's not good about that pumpfun, because most of the meme coins that we know and hear about come from platforms that are under the solana network because with a very cheap amount of dollars you can create meme coins in just a few minutes.
And because of this system that exists, until now many people still rely on luck because they saw many communities still hoping that they would hit the jackpot
here with meme coins which is not really true.
I am not good at playing in meem coin so until now the buzz about meme coin has not succeeded in tempting me. Some platforms seem to survive quite well but with the process of making meme coins getting easier it is certainly getting harder to filter them. When altcoins are not given a chance in this bullrun market, meme coins are not really getting a good flow from investors.And because of this system that exists, until now many people still rely on luck because they saw many communities still hoping that they would hit the jackpot
here with meme coins which is not really true.
I think memecoins selections are evolving to minimize loss. With an advanced AI scoring mechanism and AI trained analytics tool, some cexes like Bitget help traders to filter potential memecoins from rug-traos. Most of my trades are done there.
One more thing, it isn't wise to invest in memecoins because they're majorly shitcoins; so we tend to trade them only when they're in their best moments.
If someone told me we'll get to where memecoin launchpads like pumpdotfun and odindotfun produces huge volumes everyday, I'll probably laugh my ass to "coma" but here we're today savouring these moments and prolly saying memecoins are the best things that have happened during bears of 2021 - 2023.
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
What has helped it more is the assumed delay of Alt season that have reduced lots of us to bag holders.
The obvious alternative is memecoins trading where degens could easily rack in 2x daily just like what I got recently on $Luckycoin (+322%) while attempting some trading comp.
*Unfortunately I can't attach my pnl card lol
⭐ Merited by coin-investor (1)
Since Bitcoin's inception in 2009/10, crypto has faced numerous challenges influencing its adoption. Among the most critical factors have been:
1. Hacks and Fraud: High-profile breaches undermined trust.
2. Centralization: A dilemma for decentralization advocates.
3. Scalability and Complexity: Early reliance on PoW (Bitcoin, Ethereum) slowed accessibility.
4. Regulatory Uncertainty: Continues to shape the global crypto narrative.
Between 2022 and 2024, two years stand out for contrasting reasons:
- 2022: A dark chapter for crypto, with over $2.57 billion lost to hacks and fraud. Major collapses (FTX, Celsius, 3AC, TerraLuna, Voyager) triggered widespread regulatory scrutiny. The market experienced its worst bear run, dipping below a $1T market cap, with BTC hitting $18k and ETH $800.
- 2024: A turnaround year, marked by innovations like scalable L2 solutions (Arbitrum, ZK tech), Solana’s Firedancer upgrade, and the BTC spot ETF approvals. These events reignited adoption and brought institutional actors into the fold. Significant regulatory shifts, like MiCA in the EU and US regulatory leadership changes, signal a potential easing of tensions.
Looking ahead, 2025 holds immense promise with these:
- ETH and SOL spot ETFs are likely next in line.
- BTCfi and Ethereum restaking could attract more institutional interest.
- Ecosystem upgrades continue, with further scalability and interoperability enhancements on the horizon.
Yet, challenges remain, particularly on the regulatory front. With sentiment shifting post-2024 elections, the resignation of SEC Chair Gary Gensler, and China recognizing BTC as a legal asset, are we on the verge of a breakthrough?
Could 2025 finally be the year that crypto achieves widespread adoption? Share your thoughts
1. Hacks and Fraud: High-profile breaches undermined trust.
2. Centralization: A dilemma for decentralization advocates.
3. Scalability and Complexity: Early reliance on PoW (Bitcoin, Ethereum) slowed accessibility.
4. Regulatory Uncertainty: Continues to shape the global crypto narrative.
Between 2022 and 2024, two years stand out for contrasting reasons:
- 2022: A dark chapter for crypto, with over $2.57 billion lost to hacks and fraud. Major collapses (FTX, Celsius, 3AC, TerraLuna, Voyager) triggered widespread regulatory scrutiny. The market experienced its worst bear run, dipping below a $1T market cap, with BTC hitting $18k and ETH $800.
- 2024: A turnaround year, marked by innovations like scalable L2 solutions (Arbitrum, ZK tech), Solana’s Firedancer upgrade, and the BTC spot ETF approvals. These events reignited adoption and brought institutional actors into the fold. Significant regulatory shifts, like MiCA in the EU and US regulatory leadership changes, signal a potential easing of tensions.
Looking ahead, 2025 holds immense promise with these:
- ETH and SOL spot ETFs are likely next in line.
- BTCfi and Ethereum restaking could attract more institutional interest.
- Ecosystem upgrades continue, with further scalability and interoperability enhancements on the horizon.
Yet, challenges remain, particularly on the regulatory front. With sentiment shifting post-2024 elections, the resignation of SEC Chair Gary Gensler, and China recognizing BTC as a legal asset, are we on the verge of a breakthrough?
Could 2025 finally be the year that crypto achieves widespread adoption? Share your thoughts
What factors do you consider when opening a trade position?
I've seen quite a lot of guides out there that literally sounds like fiction when getting down to the real deal.
Some referencing a long list of "to-dos" and "not to-dos" which are practically impossible. Other shares varieties of market indicators to monitor; mostly not doable too.
There's practically one that intrigues me - "stick to what works for you".
But that's not all. We'll still need to:
1. Choose an exchange with high liquidity.
2. Choose an exchange that is cost-effective in terms of trading fee.
Right now, we've got the likes of Binance, Bitget and Bybit flexing top muscles with competitive fees.
Which do you prefer?
Some referencing a long list of "to-dos" and "not to-dos" which are practically impossible. Other shares varieties of market indicators to monitor; mostly not doable too.
There's practically one that intrigues me - "stick to what works for you".
But that's not all. We'll still need to:
1. Choose an exchange with high liquidity.
2. Choose an exchange that is cost-effective in terms of trading fee.
Right now, we've got the likes of Binance, Bitget and Bybit flexing top muscles with competitive fees.
Which do you prefer?