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I Just joined the SGC listing carnival on BingX with its 6.7M SGC prize pool. I’m watching it alongside some top gainers on Binance, $JTO is up around 7–12%, now trading at about $2.10, and $THE is showing strong momentum, up ~13.4% around $0.275. $ETH holding around $2,540 and $SOL around $150, the broader market looks bullish. It feels like mid-caps and newer tokens are getting real attention again. So events like the SGC carnival could get a nice boost from overall sentiment. Not saying it’s the next moonshot but timing looks better than random listings. Worth watching how it performs once the carnival wraps.
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J.J. Edwards’ Expert Market Analysis at FenzoFx
FenzoFx replied to FenzoFx's topic in Forex News & Analysis
GBP/JPY Tests 196.4 FenzoFx—GBP/JPY is testing the 196.4 monthly high, a fragile resistance after four previous attempts. On Friday, bulls pushed higher with a long-wick candlestick, but the Stochastic Oscillator signals an overbought market. The bullish trend remains intact if GBP/JPY holds above 193.8 support. A breakout above 196.4 may target 198.3, while closing below support could shift momentum downward. -
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Just came across something interesting on BingX, they’re offering up to 666% APR on a USDT Wealth Product exclusively for new users in Portuguese-speaking regions. It’s showing under their "Earn" section and seems like a limited-time opportunity. This move comes as BTC trades around $104,600, staying strong above the $100K mark. With ETF inflows still healthy and no major bearish pressure yet, the market feels like it's in a holding phase before the next move. Meanwhile, on Binance, altcoins like $BMT, $RAD, and $PARTI are among today’s top gainers, showing how quickly capital is rotating across narratives. For anyone from Brazil or Portugal, the BingX event could be a timely way to tap into crypto yield, especially while Bitcoin remains steady and altcoins are heating up.
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A new GameFi token, SGC (SG Coin), just made its debut on BingX and it's already raising eyebrows due to its immediate volatility. SGC serves as the governance token for KAI SANGOKUSHI TAISEN, a strategy focused blockchain game where users can earn $SGCP (its in game token) through gameplay and spend it on card packs and other game assets. Key tokenomics & metrics: 🔸 Chain: BNB Smart Chain 🔸 Total Supply: 10,000,000,000 🔸 Circulating Supply: Still early, low float 🔸 Current Market Cap: Approx. $13.5M 🔸 First Day Price Action: • High: $0.003138 • Low: $0.001964 • Current Price: $0.001989 • Daily Drop: -23.44% This kind of post listing dip is not uncommon, especially when early sellers or bots try to front run demand. However, the real question lies in its underlying utility with governance rights tied to game development decisions, SGC is aiming to give players a bigger voice in the ecosystem. While it's too early to determine long term value, it could be worth watching if you're diversifying into smaller cap GameFi tokens with utility backing. Would you consider adding such micro cap utility tokens to your watchlist? Or is this just another speculative listing among many?
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Hey everyone, If you're planning to launch your own crypto exchange or just curious about how exchanges work, let me tell you, liquidity is the real game-changer. Without good liquidity, even a feature-rich exchange will struggle. Here's why liquidity is so important and how it's shaping the future of crypto trading platforms 1. Smooth Trading Experience: Imagine trying to sell your crypto but waiting forever for a buyer, frustrating, right? That’s what low liquidity feels like. With high liquidity, trades happen instantly. No long waits. Buyers and sellers match quickly, giving users a fast and smooth trading journey. 2. Price Stability: In crypto, prices move fast. But when there's enough liquidity, prices stay more stable. It helps balance the supply and demand, so even big trades don’t shake the market too much. That means fewer sudden ups and downs. 3. Less Slippage, Better Value: Ever placed a trade and got a worse price than expected? That’s slippage. In highly liquid exchanges, this doesn’t happen much. You get almost the same price you saw no surprises, no losses just because of trade delays. 4. Attracts Institutional Investors : Big players like hedge funds and financial institutions only enter when the market is liquid. Why? Because they want to trade in large volumes without affecting prices. So, if your exchange has strong liquidity, it becomes a magnet for big investors. 5. Beating the Competition There are hundreds of exchanges today. But the ones with high liquidity are the ones people trust and trade on. More liquidity = more users = more trades = more revenue. It’s a win-win loop! 6. Handling Risk Like a Pro When there’s liquidity, even during a market crash, your platform can handle trades without freezing. Liquidity helps reduce panic-selling impact and gives users confidence that the platform is strong and stable. If you're serious about launching or running a crypto exchange, never ignore liquidity