🚀 Litentry to Launch IdentityHub Mini Program in Early October
#Litentry #IdentityHub #TON #decentralizedidentity #avatar #blockchain #LIT
According to Foresight News, decentralized identity solution provider Litentry has announced via a tweet that it will launch the IdentityHub mini program on the TON network in early October. This new feature will allow users to obtain an otter avatar that evolves as their identity grows.#Litentry #IdentityHub #TON #decentralizedidentity #avatar #blockchain #LIT
🚀 Polkadot's Q3 2024 Report Highlights Key Developments
#Polkadot #Q32024 #Blockchain #MythicalGames #AgileCoretime #OpenGov #NetworkDevelopment #TransactionVolume #Rollups #Validators #NakamotoCoefficient #DOT #LIT
According to PANews, Messari has released its Q3 2024 report on Polkadot, revealing significant developments within the network. Parity has introduced the Agile Coretime system, replacing the previous parachain leasing model with a block space sales approach, allowing for on-demand allocation of network resources.
In the third quarter, Mythical Games made a notable entry into the Polkadot ecosystem, quickly becoming one of the top three projects by transaction volume. Its NFL Rivals game generated 11 million transactions, accounting for 15% of the total quarterly transaction volume.
Despite a 53% quarter-over-quarter decrease in Polkadot DAO treasury spending to $28 million, OpenGov activities remained robust. July 2024 saw a record high of 171 referendums, indicating sustained community engagement.
Additionally, Polkadot experienced a 69% increase in rollup external calls, averaging 763,000 transactions per day, primarily driven by contributions from rollups like Frequency, Litentry, and Mythos. The number of active validators rose to 400, with expectations to reach 500 in the fourth quarter, elevating Polkadot's Nakamoto coefficient to 112 in the third quarter.#Polkadot #Q32024 #Blockchain #MythicalGames #AgileCoretime #OpenGov #NetworkDevelopment #TransactionVolume #Rollups #Validators #NakamotoCoefficient #DOT #LIT
🚀 Binance to Support Litentry (LIT) Token Swap and Rebrand to Heima (HEI)
#Binance #Litentry #LIT #Heima #HEI #TokenSwap #CryptoNews #TradingPairs #Delisting #CirculatingSupply #UserGuidance
Binance has officially announced its support for the Litentry (LIT) token swap and rebrand to Heima (HEI), with a structured transition plan to facilitate a smooth upgrade for users.Key Details of the TransitionDelisting of LIT Trading Pairs:Binance will halt trading and remove all existing LIT spot trading pairs, including LIT/BTC and LIT/USDT, on February 10, 2025, at 11:00 (ET).Any pending orders for LIT will be automatically cancelled at the time of delisting.New Trading Pairs Launch:HEI spot trading pairs, HEI/BTC and HEI/USDT, will go live on February 13, 2025, at 16:00 (ET).Circulating Supply Adjustment:The total circulating supply of HEI will expand from 66 million to 100 million gradually over 20 months, reflecting the project's roadmap and strategic goals.User GuidanceBinance users holding LIT tokens in their accounts will have their holdings automatically converted to HEI at a 1:1 ratio, ensuring a seamless transition. Deposits and withdrawals for LIT will be suspended prior to the swap, and users are encouraged to stay updated through Binance's official channels.#Binance #Litentry #LIT #Heima #HEI #TokenSwap #CryptoNews #TradingPairs #Delisting #CirculatingSupply #UserGuidance
🚀 Whale Initiates Short Position on LIT with USDC Deposit
#Whale #ShortPosition #LIT #USDC #Leverage #ForesightNews #OnchainLens #Cryptocurrency
According to Foresight News, Onchain Lens has reported that a significant whale has deposited 2.6 million USDC and opened a short position on LIT using 1x leverage.#Whale #ShortPosition #LIT #USDC #Leverage #ForesightNews #OnchainLens #Cryptocurrency
🚀 Whale Makes Significant LIT Purchase Following USDC Deposit
#Whale #USDC #Lighter #LIT #Cryptocurrency #ForesightNews #OnchainLens #Purchase #Token #Wallet
According to Foresight News, Onchain Lens has reported that a major cryptocurrency holder has deposited 4.03 million USDC into Lighter. The whale then spent 3.8 million dollars to acquire 1.63 million LIT at a price of 2.33 dollars per token. The wallet still holds 227,099 USDC, indicating potential for further purchases.#Whale #USDC #Lighter #LIT #Cryptocurrency #ForesightNews #OnchainLens #Purchase #Token #Wallet
🚀 Wallet Increases LIT Holdings with Additional USDC Investment
#Wallet #LIT #USDC #Investment #OnchainLens #ForesightNews #Crypto #Token #Expenditure
According to Foresight News, Onchain Lens has reported that a particular wallet has deposited an additional 2 million USDC to boost its LIT holdings. The wallet currently possesses 2.45 million LIT tokens, acquired over the past two days at a price of $2.46 per token, totaling an expenditure of $6.03 million.#Wallet #LIT #USDC #Investment #OnchainLens #ForesightNews #Crypto #Token #Expenditure
🚀 Whale Closes Long Position with Significant Losses
#Whale #LongPosition #Losses #LIT #ForesightNews #OnchainLens #Cryptocurrency #MarketTrends
According to Foresight News, Onchain Lens has reported that a whale, inactive for 1.6 years, has closed its long position on LIT. The closure resulted in a loss of $767,403. The whale's profits have decreased from $3 million to $420,000.#Whale #LongPosition #Losses #LIT #ForesightNews #OnchainLens #Cryptocurrency #MarketTrends
🚀 LIT Surges Past 3 USDT with Significant 24-Hour Increase
#LIT #cryptocurrency #USDT #marketdata #14percentincrease #crypto
According to Odaily, market data indicates that LIT (Lighter) has surged past 3 USDT, currently trading at 3.174 USDT. The cryptocurrency has experienced a 14% increase over the past 24 hours.#LIT #cryptocurrency #USDT #marketdata #14percentincrease #crypto
🚀 Zhu Su Predicts Asset Rotation in Upcoming Market Cycle
#ZhuSu #AssetRotation #MarketCycle #ThreeArrowsCapital #ETH #BTC #SOL #HYPE #LIT #SUI
Zhu Su, the founder of Three Arrows Capital, has shared insights on potential asset rotation paths in the upcoming market cycle. According to Odaily, Zhu Su suggests using analogical reasoning to observe these potential shifts. He proposes the following correlations: ETH may perform similarly to BTC in the previous cycle; SOL might mirror ETH's past performance; HYPE could follow the path of SOL from the last cycle; and LIT may resemble SUI's previous cycle performance.#ZhuSu #AssetRotation #MarketCycle #ThreeArrowsCapital #ETH #BTC #SOL #HYPE #LIT #SUI
🚀 Cryptocurrency Market Sees Mixed Performance Among Top 100 Tokens
#cryptocurrency #marketperformance #top100tokens #LIT #HumanityProtocol #River #pippin #VirtualsProtocol #MYXFinance #LayerZero #Uniswap #Decred #BitcoinCash #UNI #DCR
The cryptocurrency market experienced varied movements among the top 100 tokens, according to Coinmarketcap data. According to ChainCatcher, the top gainers included Lighter (LIT), which rose by 12.17% to a price of $1.49, and Humanity Protocol (H), which increased by 10.73% to $0.1674. River (RIVER) saw a 10.59% rise to $19.93, while pippin (PIPPIN) climbed 10.12% to $0.5067. Virtuals Protocol (VIRTUAL) also gained 8.82%, reaching $0.5828.
Conversely, the biggest decliners were MYX Finance (MYX), which fell 30.46% to $2.79, and LayerZero (ZRO), which dropped 13.15% to $2.16. Uniswap (UNI) decreased by 12.37% to $3.35, Decred (DCR) declined 5.65% to $21.78, and Bitcoin Cash (BCH) saw a slight decrease of 0.99% to $506.06.#cryptocurrency #marketperformance #top100tokens #LIT #HumanityProtocol #River #pippin #VirtualsProtocol #MYXFinance #LayerZero #Uniswap #Decred #BitcoinCash #UNI #DCR
🚀 Whale Reduces PUMP and UNI Short Positions, Increases LIT Holdings
#Whale #PUMP #UNI #LIT #Cryptocurrency #ShortPosition #InvestmentStrategy #Altcoin #UnrealizedGains #BlockBeats #OnChain
On February 13, a significant cryptocurrency holder known as 'Altcoin Air Force Leader' has adjusted their investment strategy. According to BlockBeats On-chain Detection, the holder partially closed their short position on PUMP, reducing it by approximately $1.3 million. Following this reduction, the PUMP short position now stands at $1.68 million, with unrealized gains of $757,300, yielding a return of 448.76%.
Additionally, the holder has partially closed their short position on UNI, bringing the current position to less than $500,000. The total holdings of the account have decreased by 50% from last week's peak, continuing to realize unrealized gains.
In contrast, the whale has increased their short position on LIT, with the current holdings amounting to approximately $4.17 million and unrealized gains of $3.28 million. The average holding price is $2.615, maintaining the status as the largest on-chain LIT short position holder.#Whale #PUMP #UNI #LIT #Cryptocurrency #ShortPosition #InvestmentStrategy #Altcoin #UnrealizedGains #BlockBeats #OnChain
🚀 Trader Closes MEGA Short Position with $17,800 Profit
#Trader #ShortPosition #Profit #MEGA #MON #LIT #FOGO #Cryptocurrency #BlockBeats #LeveragedTrading
On February 14, a trader known as 'Special Short New Coin' closed a leveraged short position of 242,356 MEGA tokens, resulting in a profit of $17,800. According to BlockBeats, this trader had previously shorted MON, LIT, and FOGO, earning a total profit of $41,600.#Trader #ShortPosition #Profit #MEGA #MON #LIT #FOGO #Cryptocurrency #BlockBeats #LeveragedTrading
🚀 Altcoin Volatility: Kite Surges While Lighter and Official Trump Face Challenges
#Altcoin #Volatility #Kite #KITE #Lighter #LIT #OfficialTrump #TRUMP #Cryptocurrency #NS3AI #Rebound #SupportLevels #ResistanceLevels
Three altcoins are experiencing significant volatility this weekend, with Kite (KITE) showing notable gains. According to NS3.AI, Kite has increased by 22.8% this week, reaching an all-time high of $0.323. Meanwhile, Lighter (LIT) and Official Trump (TRUMP) are navigating their recent all-time lows, with analysts examining potential rebound scenarios and key support and resistance levels for these cryptocurrencies.#Altcoin #Volatility #Kite #KITE #Lighter #LIT #OfficialTrump #TRUMP #Cryptocurrency #NS3AI #Rebound #SupportLevels #ResistanceLevels