With regards to the distribution  of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor  Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated  for the Airdrop event.

What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.

With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already  listed the token on their platform leaving me with the question if ALT is worth investing in?

I also had the same thought until my encounter with the article...looking through the exchange, I discovered that aside the fact that solana gained massively towards the end of last year which increases the exchange market share because it is built on Solana, users can also exchange tokens minimal transaction fee and lower latency than any other dex on Ethereum which accounts for why it has been many users destination of late.

Binance new CEO needs to work out modalities for the exchange to get back on track in many countries where their services is no longer available otherwise more regulatory compliant cex like Bitget will continue to get a larger share of the market share coming from those region.
As for ORCA,. As long as the exchange continue to offer minimum transaction fee and lower latency compared to ETH, they should be able to maintain that top spot.

After going through the article released by TokenInsight on the analysis and performances of crypto exchanges in 2023, it's exciting to see that despite the challenges faced in the course of the year, the year was crowned with success as the Q4 of the year brought restoration and confidence to traders and investors.

Highlighting the growth and market share of various cryptocurrency exchanges both CEX and DEX, while Binance remained top for  cex, ORCA lead the race for Dex with an unbelievable surge towards the end of the year due to the gains in Solana ecosystem. Although, Binance market share  dropped by 5 5% due to factors related to regulatory compliance and lawsuit against the CEO in November but overall, the exchange was able to maintain its lead unlike what happened in the DEX where GMT and dydx lost the position as top market share holders

Some exchanges like OKX, Bitget and Bybit also did remarkably well increasing in market share and trading volume making them ranked among the top 6 exchanges.

FTT token was another surprise of the year, with a remarkable growth of 270% in the Q4, FTT lead the exchange token growth followed by Bitget BGB and MEXC MX while CET and HT fell significantly with HT falling by almost 50%.

What are your assessment about the performance of this exchanges, do you see any exchange making any stride to compete with Binance by the end of 2024? Do you think ORCA can also maintain its position in the DEX world?

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Gender inclusivity has been an advocacy for many highly placed individuals on a global space and seeing the same thing happening in the crypto space is highly commendable. Gracy Chen has always been vocal about women inclusivity in crypto and perhaps this is a good avenue for the information to get a wider audience. looking forward to it

I think it's just a matter of perspective, up till now, some people like Gary Gensler and several individuals still perceive crypto as scam. of course you and i know that's not true. The metaverse is still an evolving space and even people like Elon Musk testify to that, it may not be where it should be right now but it's obviously not scam.

I don't actually know if the project team plans airdropping the token but am optimistic of the project success looking at the teams commitment. I did invest some money in at and seeing that its getting traction since listed on top exchange like bitget, it's just a matter of time before the token becomes a household crypto especially if Binance also list it.

That's very true, in as much as their are lots of metaverse projects that aren't up to standard, there quite a good number like ASX, MANA, SAND, MAGIC and many others that were impressive and are not doing too badly atm. I think one just have to get his/her fact right before investing in such project. Looking at DOME features, tokenomics and roadmap, i think the team are serious minded and it could another successful metaverse project however, this is not a financial advise as dyor is essential in this space.

With web3 and blockchain adoption on the rise giving birth to several crypto assets, one must be careful and do his/her research well to know the kind of assets that will stand the test of time.

Several projects have come and gone but those that have real world use cases continue to impress and gain adoption. It's worthy to note that the desire for metaverse and NFT acquisition has also seen significant boost hence this aspect in one area investors are harnessing and I think it's a sector that one needs to watch out for.

Although not every project can make it to the top but while I was researching, I came across a potential metaverse project called EVERDOME. It's a project that ushers in a new era of human experience by stimulating human interaction, joining the physical and digital worlds through the creation of an enhanced hyper- realistic and immersive environment while simultaneously building the framework for ongoing scalable live in a metaverse native world.

With an amazing fundamentals and tokenomics, the project offers diverse array of features, the native token $DOME is BEP-20 token on the BNB chain. Already gaining popularity and with several cex already scheduled its listing with 48M DOME to be airdroped for both depositors and traders on Bitget, I think EVERDOME is another metaverse project that could stand the test of time but I would love to hear your reactions about the project.

In my 11 years of experience as a human resource manager, I am able to tell that recruiting and having more intellectuals in a company or institution can facilitate unprecedented success, reason is that this kind of individuals can see through the eye of the needle the opportunity hidden to most regular people.

The appointment of Gracy Chen as M.D of Bitget is a testament to this fact as the exchange has witnessed remarkable growth and expansion since joining Bitget 1st June, 2022.

I was elated to see that another big brain (Vugar Usi Zade) with expertise in the field of finance, telecom, crypto and other key sectors with over 15 years of experience has now been appointed as the new COO (chief operations officer) of the exchange.

While I have no doubt about the achievement the combination of Gracy Chen and Vugar Usi Zade will bring to the company, do you think the exchange can challenge other CEX to claim the top spot in few years to come?

Yeah
https://www.bitget.com/blog/articles/2024-crypto-year-open-letter-from-gracy

From what i observed yesterday night, I think there is every possibility that BTC would touch $100k or above if the BTC spot ETF is approved, BTC rose to $48k last night after a fake rumor of SEC approval hit the net before retracing back to $45k after it was observed the news was fake. It is now clear to me that the approval will definitely impact the price action but would BTC dip below $20k if it is rejected, that's the question i haven't gotten answer to

2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

Chipper cash, Klasha and ALAT do have challenges for days and sometimes weeks which is so annoying, I have heard about Bitmama crypto card but never explored it...also recently saw that Bitget has also launched its own crypto backed cards. Perhaps you might check them out

In the last quarter of 2023, BTC enjoyed significant gains and analysts projected 2024 as another bull year due to ranging factors of which Bitcoin halving and approval of the Bitcoin spot ETF are most significant.

Blackrock announcement about the approval of the spot ETF over the weekend could be the catalyst that have triggered the market in the first day of year 2024 with BTC and global marketcap up by 6% respectively and currently trading above the $45k mark.

While many are anticipating bullrun to kickstart after the Bitcoin halving, I have a feeling there could be a twist to this year's bullrun as it may not completely depend on the factors listed above. It's also important to note that the US interest rate is on a decline which is a good thing that could drive investors to opt for crypto. What do you think, let's discuss.

Are there no other top exchanges that are regulatory compliant that are operational in Indian? I don't think only Wazirix can cater for the millions of users who have been using Binance.

I don't see this signaling trouble for Binance but at the same time its a heavy blow to millions of Indians who depend heavily on the exchange. My problem with Binance has always been one: Avoiding regulations and if it persist, it will eventually have a ripple effect on them. With most government ensuring strict regulations of crypto, cryptocurrency exchange that are regulatory compliant will be the destination of many users coz not everyone like to be tossed to and fro.

Bitget is operational in Indian?