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CryptoScenario

@zekaviva

128 Following
12 Followers


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**NAVIGATE Airdrop Reward Program!** Join NAVIGATE’s reward points program for a chance to earn an airdrop! Backed by $7.5M funding from Distributed Global, Kraken Ventures, and Alan Howard. 1. **Sign Up**: - Register at [this link](https://dataquest.nvg8.io/signup?ref=1132558), log in, and install the extension. - Click the gear icon, enter **Code: 1132558**, and Save. - Add your wallet address and Save. 2. **Collect Points**: - Visit [this page](https://points.absinthe.network/nvg8/start?ref=3d0fc5cd), connect email/Twitter, enter **Code: 00c6cad7**, and start earning. 3. **Complete Connections**: - Link Twitter, Discord, and wallet under *Connections*. 4. **Claim NFT & Role**: - Wait 1-2 days for your NFT, then claim the **"Founding Navigator"** role on [Discord](https://discord.gg/Up69y3RucJ). 5. **Extra Points**: - Complete this [form](https://docs.google.com/forms/d/e/1FAIpQLSf6bRoo5C8NBCehsXDcDq8-aC63DD-XtI1yGsCF7ubYtlXj2w/viewform). join now!
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Who created Berachain? You can now check your wallet ranking here: https://layerhub.xyz/search?p=berachain Berachain is a Layer-1 blockchain built to support decentralized finance (DeFi) applications with compatibility for Ethereum’s ecosystem. Initially launched as an NFT project called "Smoking Bears," Berachain has since transformed into a DeFi-focused platform featuring the unique *Proof of Liquidity* (PoL) consensus mechanism. This PoL system encourages users to stake liquidity instead of tokens alone, enhancing the platform’s functionality and providing more liquidity for DeFi activities. Berachain’s economy is powered by three main tokens: 1. **BERA**: the network’s gas and utility token for transaction fees. 2. **BGT**: a soulbound governance token acquired by staking BERA and used in the platform’s DAO to decide protocol changes. 3. **HONEY**: a stablecoin pegged to the USD, created by collateralizing other stablecoins through smart contracts.
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*** Top 5 cryptocurrency updates and coins for November 2, 2024: 1. **Bitcoin (BTC)**: Bitcoin is on the edge of reaching a record high, driven by rising institutional interest and increasing ETF volumes. 2. **Ethereum (ETH)**: Despite market volatility, Ethereum remains strong with robust DeFi and NFT applications, positioning it for sustained demand and development. 3. **Solana (SOL)**: With its unique Proof-of-History mechanism, Solana has captured attention for its high-speed, low-cost transactions, especially with growing interest from institutional investors. 4. **Ripple (XRP)**: As Ripple's case with the SEC moves closer to resolution, anticipation grows around XRP’s future in cross-border payments. 5. **Toncoin (TON)**: Backed by Telegram, Toncoin has garnered interest as a promising blockchain for scalable, low-cost dApps.
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