244.38K
1.36M
2024-05-10 08:00:00 ~ 2024-05-16 11:30:00
2024-05-16 16:00:00
Total supply102.45B
Resources
Introduction
Notcoin started as a viral Telegram game that onboarded many users into web3 through a tap-to-earn mining mechanic.
Donald Trump has picked Steve Miran, a former senior economic adviser at his 2016 Treasury Department, to lead his Council of Economic Advisers. Miran, known for his sharp opinions on Bitcoin and monetary policy, now steps into a position that will shape Trump’s ambitious second-term economic strategy. Trump announced the nomination on Truth Social, saying, “Steve will work with the rest of my economic team to deliver a great economic boom that lifts up all Americans.” Miran, responding on X, said : “I am beyond honored that President Trump has chosen me to lead his Council of Economic Advisers. I look forward to working to help implement the President’s policy agenda to create a booming, noninflationary economy that brings prosperity to all Americans!” Economic plans loaded with controversy As head of the Council, Miran will be Trump’s go-to figure for economic policy decisions, a critical role given the president’s plans to tackle inflation, renew tax cuts, and launch a wave of protectionist tariffs. Trump claims these will restore manufacturing jobs and boost household incomes, a promise he doubled down on during his campaign. Economic concerns like inflation and stagnant wages helped Trump secure his second term and a Republican majority in Congress. But economists have flagged potential risks in his agenda. See also Afghanistan's Taliban actively trades crypto memecoins despite imposing nationwide ban Some believe deporting undocumented immigrants and imposing tariffs could drive up consumer prices and inflate the national debt. Trump, unfazed, has brushed off these warnings, maintaining his focus on economic growth and price stability. Bitcoin and Miran: A love-hate relationship? While he’s not a die-hard Bitcoin maximalist, Miran’s public commentary on the asset has been enough to grab the community’s attention. Cryptopolitan ran a quick search of the word “bitcoin” on his Twitter and the results show a nuanced—if a bit skeptical—take on the role of crypto in the economy. In March 2023, Miran replied to Cathie Wood’s suggestion that Bitcoin could act as a “flight to safety” during Federal Reserve rate hikes. “Wait, is she saying Bitcoin moving higher is a reason for the Fed NOT to hike rates?” he asked , hinting at skepticism over Bitcoin’s supposed safe-haven status. His more pointed critique came earlier this year when he called out crypto’s contribution to inflation. Miran claimed “I profoundly believe the income/wealth effects on labor force supply due to the crypto/memestock phenomena were nontrivial drivers of inflation. If the Fed cuts into this nonsense, they’ll re-emerge.” His acknowledgment of crypto’s macroeconomic impact, while not overly enthusiastic, shows he’s at least been paying attention. But Miran has also admitted gaps in his crypto expertise. See also UK court finds Craig Wright in contempt for violating order, sentences him to one year in prison In a discussion about Bitcoin’s $1 trillion growth from late 2023 to early 2024, he agreed it likely added to inflation but hesitated to quantify its overall impact. He also pointed out that a huge amount of Bitcoin is lost or inaccessible—“sunk on the ocean floor or stuffed in a mattress,” as he put it. Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Stargate is down for over 6 hours. DVN executors failure causes delay in 25.600 transactions. LayerZero works to resolve issues and restore operations. Stargate, a cross-chain bridging solution developed by LayerZero, has faced an outage lasting over six hours due to a malfunction in the decentralized verifier network (DVN) executors. The issue caused significant delays in transaction validation, affecting users across multiple blockchains. #PeckShieldAlert Our community has reported that #stargate is currently down. Do *NOT* use Stargate for cross-chain fund transfers at this time. Transactions are getting stuck in transit. —PeckShieldAlert (@PeckShieldAlert) December 20, 2024 The flaw was initially highlighted by blockchain security firm PeckShield, which advised users to suspend cross-chain transfers while the issue persists. Shortly after, ExVul, another Web3 security firm, confirmed that Stargate had been down for nearly six hours. According to data from LayerScan, around 25.600 transactions are currently stuck in the system, awaiting processing. These backlogged transactions represent a significant impact for users who rely on Stargate for fast and secure transfers between different blockchain networks. The team behind Stargate has acknowledged that the issue was caused by a flaw in the DVN network’s executors. In a statement, LayerZero said that its technicians are working to resolve the incident and restore normality as quickly as possible. In the meantime, investors and enthusiasts are advised to avoid using Stargate for fund transfers until the situation is resolved. This type of failure reinforces the importance of continuously monitoring and improving infrastructure solutions in the cryptocurrency market, especially when it comes to tools that handle large transaction volumes. For projects like Stargate, user trust is essential, and the response of the LayerZero team will be a key factor in restoring that trust. In addition to the technical impact, the outage raises questions about the resilience of decentralized solutions in the face of scalability and performance challenges. The community is closely monitoring the case's developments, while the LayerZero team works to fix the failure and minimize losses. Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Organic communities like DOG, PEPE, and SPX show better long-term resilience. Corporate-driven tokens like PNUT and NOT suffer steep declines due to manipulation. Memecoins with grassroots support maintain value better during market downturns. An analysis of memecoin performance since their all-time highs (ATH) shows a difference between organic, community-driven tokens and those controlled by corporate interests. Crypto analyst Leonidas recently looked at the top 15 memecoins (excluding AI-driven projects) and found a significant disparity in their value retention. Strongest Performers: DOG, PEPE, and SPX DOG leads in resilience, dropping just 24.84% from its ATH of $0.009999 to $0.007515. This shows the value of a committed and organically grown community. Similarly, PEPE, which declined by 30.79% from $0.00002803 to $0.0000194, and SPX, which fell 33.89% from $0.989 to $0.6538, also stand out for their robust performances. These tokens share a common trait: grassroots support that has helped sustain growth. Mid-Performers: MOG, BRETT, and BABYDOGE Mid-tier performers such as $MOG, $BRETT, and $BABYDOGE have faced declines ranging from 34% to 39%. $MOG dropped 36.44% from $0.000004007 to $0.000002547, while $BRETT fell 36.64% from $0.2342 to $0.1484. BABYDOGE is down 39.01%, with its price falling from $0.000000006227 to $0.000000003798. These tokens show decent resilience, but their losses highlight the challenges of maintaining value. Sharper Declines: FLOKI, BONK, and DOGE Tokens like $FLOKI, $BONK, and $DOGE have seen sharper declines, with $FLOKI falling 44.85% from $0.0003449 to $0.0001902 and $BONK dropping 46.35% from $0.00005825 to $0.00003125. Even DOGE lost 50.36% from its ATH of $0.7316, now trading at $0.3632. These figures reflect vulnerabilities in sustaining market enthusiasm amid bearish trends. Worst Performers: SHIB, PNUT, and NOT The worst declines were seen in SHIB, PNUT, and NOT. SHIB plummeted 71.88%, from $0.00008616 to $0.00002423, while PNUT dropped 63.47%, from $2.2491 to $0.8216. Read also: Is the Meme Coin Craze Back? Binance Trading Data Suggests Yes $NOT had the largest loss, falling 72.08% from $0.02448 to $0.006834. These tokens, often criticized for corporate influence, show the risks of pump-and-dump strategies. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Author: Xin Yan, Co-founder and CEO of Sign In a few months, Sign will turn four years old. Time flies; we have grown from a simple hackathon idea into a team with multiple business lines, with revenue and funding both exceeding tens of millions. We have witnessed our own changes and growth in the industry, during which we burned millions of dollars iterating on products in search of PMF (macro-wise, venture capital funds have also invested hundreds of billions to find PMF for crypto). Today, I mainly want to write about the changes and perspectives we have personally experienced. Around 2018, when I entered the space, the crypto community was very Cypherpunk, eager to learn about cryptography, blockchain consensus algorithms, the performance of different virtual machines, and so on. At that time, we believed that the main reason crypto had not achieved large-scale applications was due to inadequate infrastructure. Later, around 2021, we had many fast and cheap public chains available, and the main narrative in the industry shifted to the Web3 revolution. Web3 is the next generation of the internet, where we aim to reconstruct the entire network on the blockchain (our first application, EthSign, also started with this idea). This idea is radical and straightforward: we rebuild all applications using the blockchain's standard (public and private key) system, turning many SaaS into protocols while providing free and reliable services to users worldwide. However, in reality, the adoption of Web3 has not been as fast as we imagined. Personally, I have not seen my friends outside the circle continuously onboard to Web3 over the past few years. For startups in this space, the best outcome is to find loyal users within a small community (currently, the main users of EthSign come from Indonesia, Turkey, and Nigeria, countries where the adoption rate of electronic signatures is low but crypto-friendly), while many have already given up their ideals and been acquired by Web2 companies. The adoption of Web3 and crypto has not gone as smoothly as expected, and I believe there are the following reasons: No new functions or user experiences have been provided. Most Web3 products attempt to replicate the features of Web2 competitors while emphasizing security and privacy. However, the reality is that most users do not care much about data privacy or do not trust laws and regulations. The most basic data in the entire industry, the number of wallets, has not grown exponentially, limiting the network effect of Web3. Although both email and crypto wallets are anonymous electronic identities, users still prefer the former because it is more familiar to them. Web3 demands users to take responsibility for everything from the start (they must remember and keep secret 24 words) without providing a user experience that is ten times better than existing applications, new features, or sustained significant economic incentives, which inevitably scares off novice users who are just looking to get onboard. Mnemonic: If you show it to someone else, you will lose everything! Compliance. Essentially, the capabilities offered by Web3 are ahead of the existing systems and struggle to gain regulatory support. For example, we all know the value of peer-to-peer transfers worldwide, but this easily achievable function does not fit well with the current mainstream anti-money laundering frameworks, making crypto payments difficult to integrate into mainstream applications. Since our attempts to hard sell/fomo the entire world to onboard Web3 have failed, we should choose a more conservative and gentle approach, wrapping Web3 into different concepts and creating simple, easy-to-use products. The most successful examples this year share this commonality: Bitcoin ETF. It is far from Satoshi Nakamoto's original vision, but it has effectively brought Bitcoin into mainstream society. The controversy surrounding this issue reminds me of the problems of adapting excellent literary works into films; there will always be people who say that the film adaptation loses the spirit of the original work. However, objectively speaking, adaptations lower the barrier to entry, allowing a more mainstream audience to engage with the original. The Bitcoin ETF alleviates many issues for traditional capital, such as custody responsibilities and investment category restrictions, truly bringing Bitcoin into the mainstream. TON. TON is the native blockchain of the Telegram ecosystem and is an important part of Telegram's goal to become a global super app. Telegram's users are scattered across different countries, and the cost of establishing partnerships with all banks, similar to WeChat Pay or PayPal, far exceeds the cost of running a blockchain. As long as Telegram users can onboard TON, peer-to-peer transfers can be easily realized. However, the first ecosystem project to achieve large-scale onboarding was not DeFi or NFTs, but an application with just one button, Notcoin. Notcoin has only one huge button Notcoin is an application that requires no documentation or introduction; users only needed to tap their fingers to receive Notcoin airdrops in their wallets early on (Notcoin transitioned into a traffic distribution platform after TGE, directing traffic to other ecosystem projects). Notcoin opened up the "tap coin" track, bringing tens of millions of users into Web3 with minimal user education, allowing them to have interest-bearing USD stablecoin accounts. TokenTable is honored to serve most TON ecosystem projects, helping them distribute tokens to users and providing us with our main source of income this year. The success of TON represents the most successful mass onboarding in crypto history, with twenty million addresses created within three months. However, because most users come from Eastern Europe, the Middle East, and Africa, it has not received enough coverage in the US-centered crypto world. Pump.fun. Pump.fun may be the fastest company in the world to generate one hundred million dollars in revenue. It allows anyone to quickly and easily create a memecoin while preventing early rug pulls. This platform has brought memecoins from the margins to the mainstream, making memecoins a new way for users to participate in predicting mainstream event changes or capturing various traffic values. I don't have data, but many of my friends who recently joined crypto bought memecoins on Pump.fun as their first application. Over the past year, I feel that the opinions of my friends have diverged into two distinct camps, or rather, fled to both ends of the IQ curve. One camp, with an IQ of 150, remains obsessed with discussing how to build the infrastructure for large-scale applications faster and cheaper, while the other camp has given up on doing anything, believing that any product or even webpage is redundant, and that only CA matters. We proudly and bravely sit in the middle of the curve, packaging new technologies into simple products, striving to connect more closely with the real world and gain funding and traffic. I believe the industry has moved past the era of selling concepts; the vast majority of people already understand crypto but lack blockbuster applications to onboard them. We are in a time window for mass onboarding; the infrastructure has been established, and the future will resemble the application era of the internet. Entrepreneurs need to find the right angles to attract and retain users. This realization has been painful. Earlier this year, we launched Sign Protocol, an omni-chain attestation system. But as you might ask, what is attestation? This is a technical concept that takes us five minutes to explain. We wanted to establish standards for on-chain proof and data verification, but most of our time was spent explaining technical concepts. So in the second half of the year, we began promoting applications based on Sign Protocol, such as the on-chain verifiable ID system we created for Sierra Leone and ZuThailand, and TokenTable, which distributes and unlocks tokens for users. This actually promoted the adoption of Sign Protocol. We learned a lesson that seems laughably simple in web2: Sell functionality/experience/service, not technology/standards. Sign Protocol's npm download volume: We did not promote it in the second half of the year, but the data is still good. We are not a team satisfied with just creating demos to validate feasibility; we genuinely want to drive our products to be used by tens of millions of users and change their perceptions of crypto. We will aggressively collaborate with the traditional world (which is not as traditional as it seems) to seek to bring already digitized information and trust into the barren world of chains. Cyberspace, while independent, is not isolated from the real world. Over the past few years, we have witnessed the developmental bottlenecks of purely on-chain native projects due to insufficient data, information, and applications on-chain. For example, on-chain lending struggles to develop because it cannot utilize users' credit systems from the real world, always requiring excessive collateral from users. In the future, we will focus on mass onboarding, using the latest technologies (mainly zk) to allow more users to easily use crypto and enjoy its conveniences. Our new products will address the most fundamental issues: identity and trust.
Despite sideways volatility, Bitcoin (BTC) price has closed a daily candle above $95,000 every day since Nov. 27, indicating continuous buying pressure from investors at a higher range. Bitcoin 1-day chart. Source: Cointelegraph/TradingView While price fluctuations or choppy markets can last weeks, an Ernst and Young consultant says the long-term price expectation for Bitcoin in 2025 remains high. Bitcoin target ranges between $173K to $461K in 2025 Danny Marques, a Bitcoin mining industry researcher, recently highlighted a study based on the past three bull cycles. The study includes BTC’s post-halving performance and targets based on Fibonacci extensions. Bitcoin price target based on Fibonacci extensions by Danny Marques. Source: X.com The researcher said that after “back-testing” data over the past three cycles, Bitcoin has chronologically topped around the 3.618, 2.272, and 1.618 Fibonacci levels in 2012, 2016, and 2020. Thus, the minimum target attained by BTC during each cycle is the 1.618 FIB level. Marques added, “Assuming that the macro does NOT deteriorate like in 2020, prior cycle observations show that Bitcoin could land anywhere between the 1.618 and the 2.272 fib. In other words, 1 BTC $173,646 - $461,135 in fiat terms.” In Q3, Cointelegraph reported a similar study that evaluated BTC targets for 2025-2026 based on decaying peaks from past cycle highs. The research was conducted through an “exponential decay fit analysis,” which led to a minimum price target of $199,998 for BTC by the end of Q4 2025. However, the upper range was more conservative at $288,211 compared to Marques’ maximum price target of $461,135. Related: Historically accurate ‘decaying peaks’ study sees Bitcoin price at $164K by 2025 Bitcoin miners are “diamond handing” BTC With Bitcoin crossing $100,000 on Dec. 5, a wave of profit-taking has occurred over the past week, with long-term holders selling 827,783 BTC around the $99,200 mark. However, On-Chain College, an anonymous Bitcoin analyst, said miners are “diamond handing” their BTC in 2024. The analyst explained that miners back in January 2021(the beginning of the last bull run) were facilitating high-selling pressure, with Bitcoin miners’ net position change rising as high as 41,000 BTC. MIner Net Position change chart. Source: X.com It has dropped down to 3,700 BTC in December 2024, which is a drop of almost 91%. The analyst added, “Long gone are the days of mine BTC and sell to cover costs plus keep profit. A new wave of more consistent hodling AND buying from miners is upon us.” From a technical standpoint, Bitcoin's price continues to coil at a higher price range, with immediate targets between $115,000 and $126,500. Unless BTC closes a daily candle below $95,000 or drops below $90,200, the crypto asset is expected to attain higher prices before the end of 2024. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Titan of Crypto, an independent crypto analyst, shared a similar outloo k, saying that BTC has “surged” above the blue line on the “power law corridor.” Based on historical data, the trader expected the BTC price to move rapidly, as “such breakouts often signal explosive upward moves.” Related: ‘Patient zero’ of Bitcoin gaslighting was Digiconomist in 2018: ESG analyst
Popular Telegram tap-to-earn game TapSwap revealed it will launch its TAPS token on The Open Network (TON) alongside an airdrop of rewards for players in the second half of January 2025. TAPS will become a critical resource in the TapSwap ecosystem, the developers said, granting holders access to tournaments, staking rewards, and governance participation. Whether or not a player receives the TAPS airdrop will be determined by the player’s overall engagement within TapSwap—in other words, how often a player interacted within TapSwap or played the game. Users will need to connect their wallet to receive the airdrop. What started as a tap-to-earn game on Telegram, in which users repeatedly tap a button on the screen to earn in-game coins, has since evolved. In August, the game added a city builder mode called “Tappy Town,” and achievements accrued through that experience will also affect the likelihood of receiving a TAPS airdrop. Alongside the airdrop, the game’s evolution is expected to continue. TapSwap is transitioning into a skill-based platform, offering competitive tournaments to players and “leaving traditional pay-to-win models behind,” a representative for the game told Decrypt. The platform has amassed more than 50 million users globally since its launch in February. Telegram gaming and participation on The Open Network has blossomed this year, led by popular mini apps and games like Hamster Kombat and Notcoin. Notcoin famously dropped more than 35 million players over 80 billion tokens earlier this year, gaining listings from Binance and OKX in the process. The Open Network is a layer-1 network created by Nikolai and Pavel Durov, the co-founders of messaging app Telegram. While development began internally, the company dropped the project in 2020 under regulatory scrutiny, leading a community of external developers to continue building the ecosystem. Its native token, Toncoin (TON), has risen nearly 200% in the last year, pushing it to more than a $16 billion market cap. That’s made it the 16th-largest crypto asset by market capitalization, according to CoinGecko. Edited by Andrew Hayward
WhiteBIT, one of Europe’s largest cryptocurrency exchanges, has significantly expanded its collateral offering, adding 60 new assets. This expansion brings WhiteBIT’s supported assets to over 80, quadrupling the number in a matter of months. Among the newly added coins are some of the most popular and in-demand assets: PEPE, BONK, SUI, DAI, NOT, BOME, APT, AAVE, TON, MRK, STRK—just to name a few. These assets can now be used as collateral for borrowing, margin trading, and futures trading, providing traders with more opportunities to implement advanced strategies and manage risks effectively. This strategic move positions WhiteBIT on equal footing with the market’s leading exchanges and aligns with the platform’s commitment to meeting the diverse needs of its growing 5.5 million user base, including retail and institutional traders. Key Benefits for Traders: 80+ Collateral Assets: WhiteBIT’s expanded collateral options now provides unparalleled choice and flexibility for users. Wide Accessibility: All traders, regardless of experience or account size, have access to the collateral assets on WhiteBIT. Ease of Use: WhiteBIT’s user-friendly interface and efficient tools make cryptocurrency trading accessible to everyone—from beginners to experienced professionals. WhiteBIT provides a unified trading experience that centralizes spot, margin, and futures trading into one system, available by default to all users. This approach opens new opportunities for risk management and advanced trading strategies across multiple markets. WhiteBIT remains focused on growth and innovation, ensuring it remains aligned with the needs of modern traders. About WhiteBIT WhiteBIT is the largest European centralized crypto exchange, with over $2.3 trillion in annual trading volume. The exchange offers 600+ trading pairs, 300+ digital assets, and 9 state currencies. WhiteBIT is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. It is a part of WhiteBIT Group serving over 30 million clients globally. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.
Bitcoin is making headlines as analysts project its price could soar between $175,000 and $461,000 by 2025, driven by sustained buying pressure. Despite prevailing market fluctuations, historical trends suggest a significant price increase for Bitcoin, especially post-halving cycles. “Assuming that the macro does NOT deteriorate like in 2020, prior cycle observations show that Bitcoin could land anywhere between the 1.618 and the 2.272 fib,” states industry researcher Danny Marques. Optimistic forecasts predict Bitcoin prices reaching up to $461,000 by 2025, fueled by historical trends and long-term hodling from miners. Bitcoin Target Ranges Between $175K to $461K in 2025 The recent analysis by Danny Marques, a researcher specializing in the Bitcoin mining sector, proposes ambitious price targets for Bitcoin by 2025. Highlighting patterns observed from previous bull cycles, Marques emphasizes that Bitcoin’s price trajectory often aligns closely with Fibonacci extensions. According to his comprehensive study, the minimum price of Bitcoin during these cycles is typically observed at the 1.618 Fibonacci level, suggesting a baseline target of $173,646. Marques notes that historical data from the last three cycles in 2012, 2016, and 2020 supports this projection, as Bitcoin reached its peak prices around these same Fibonacci levels. He adds, “Assuming that the macro conditions remain stable, Bitcoin could potentially reach a range of $173,646 to $461,135.” Furthermore, a related study reported by Cointelegraph indicates a somewhat conservative upper target of $288,211 for the same period, suggesting that while some forecasts are optimistic, there is a broad consensus on the potential for substantial price increases. Bitcoin Miners are “Diamond Handing” BTC In a significant development, Bitcoin mining operations are reportedly adopting a “diamond handing” approach, holding onto their BTC rather than selling. This behavior marks a stark contrast to previous cycles, where profit-taking was prevalent after price rallies. On-Chain College, an anonymous analyst, highlighted that miners sold a substantial amount of BTC during the last bull run but have significantly reduced their sales pressure in 2024. “Long gone are the days of mine BTC and sell to cover costs plus keep profit. A new wave of more consistent hodling AND buying from miners is upon us,” the analyst noted, underscoring a shift in the mining strategy. This sentiment aligns with the observed miner net position change, which has plummeted from 41,000 BTC in early 2021 to just 3,700 BTC by December 2024. As Bitcoin cotinues to stabilize above $95,000, immediate price targets for the cryptocurrency have emerged between $115,000 and $126,500. Analysts suggest that unless the price drops below these crucial levels, the potential for upward movement remains strong. Market Outlook and Analysis With Bitcoin’s price breaking above $100,000 recently, emerging signals from various analysts indicate that the market might be poised for an explosive upwards trajectory. Titan of Crypto, an independent crypto market analyst, has pointed out that Bitcoin’s recent movements align with historical breakouts that typically precede substantial price surges. “Such breakouts often signal explosive upward moves,” he emphasized, indicating a strong bullish sentiment in the market. As traders and investors alike keep a close watch on Bitcoin’s performance, market sentiment remains relatively optimistic, particularly within the context of its anticipated post-halving price behavior. It’s crucial for investors to remain informed and alert to these developments, especially considering the potential for both volatility and opportunity in the cryptocurrency landscape. Conclusion In conclusion, Bitcoin’s future price targets appear to be marked by significant historical patterns and evolving market dynamics. Analysts’ forecasts suggest a promising range between $175,000 and $461,000 by 2025, driven by factors such as sustained buying from miners and the influence of past bull cycles. As the market navigates this landscape, it is essential for investors to stay informed and prudent in their strategies, keeping in mind that, while bullish trends are apparent, volatility remains an inherent characteristic of the cryptocurrency market. In Case You Missed It: Byte Federal Data Breach: 58,000 Users’ Information Compromised, Highlighting Cybersecurity Risks in Bitcoin Transactions
WhiteBIT, one of Europe’s largest cryptocurrency exchanges, has announced a significant expansion of its collateral offering, adding 60 new assets. This expansion brings WhiteBIT’s supported assets to over 80, quadrupling the number in a matter of months. Among the newly added coins are some of the most popular and in-demand assets: PEPE, BONK, SUI, DAI, NOT, BOME, APT, AAVE, TON, MRK, STRK—just to name a few. These assets can now be used as collateral for borrowing, margin trading, and futures trading, providing traders with more opportunities to implement advanced strategies and manage risks effectively. This strategic move positions WhiteBIT on equal footing with the market’s leading exchanges and aligns with the platform’s commitment to meeting the diverse needs of its growing 5.5 million user base, including retail and institutional traders. This expansion empowers traders with greater flexibility to tailor their strategies to specific market conditions and risk tolerances. By leveraging a diverse set of assets as collateral, traders can access a wider range of trading opportunities. All traders, regardless of experience or account size, have access to the collateral assets on WhiteBIT. Additionally, the ability to utilize multiple assets as collateral provides traders with greater control over their risk exposure. Follow The Crypto Times on Google News to Stay Updated!
On December 12th, Notcoin officially announced the launch of the "Hold to Earn" feature. Users only need to hold tokens to receive BUILD rewards, which is simplified and can be enjoyed without clicking. By connecting to the wallet, users can join multiple reward pools. For example, holding $NOT and $DOGS tokens can join different mining pools at the same time, and the system will take a snapshot every hour. In addition, based on the user's balance, the system will automatically generate a ranking list, and holding more tokens can improve the ranking and obtain higher returns. The official also stated that the Notcoin community application token BUILD supports the development of open source tools for millions of users on Telegram, providing additional reward pools for Notcoin-level users and stakers. This marks an important step for Notcoin in community incentives and ecological development, providing users with a simple and efficient experience of holding coins and earning profits.
As the crypto market continues to showcase its dynamic nature, December 12 brings a spotlight on four remarkable coins: Aelf, Livepeer, Aevo, and Notcoin. These cryptocurrencies have emerged as top gainers, making them worth every investor’s attention. But what sets them apart? Biggest Crypto Gainers Today- Top List Aelf’s ability to integrate seamlessly with other blockchains makes it a favorite among developers and businesses. Livepeer offers scalable, low-cost video infrastructure powered by blockchain. Aevo is designed for speed and scalability, while Notcoin excels in offering low fees and fast transactions. Why are they outperforming others, and what opportunities do they bring as top crypto gainers today ? 1. Aelf (ELF) First on the list is Aelf, a blockchain platform designed to offer a highly scalable and efficient infrastructure for decentralized applications (dApps). It leverages a unique multi-chain structure to ensure seamless communication between sidechains, addressing the limitations of existing blockchains, such as slow transaction speeds and lack of interoperability. Launched in 2017, ELF has established itself as a platform that prioritizes decentralization, innovation, and adaptability for enterprise-grade blockchain solutions. It organizes its ecosystem with a mainchain and sidechains to handle specific dApps or tasks. Stakeholders are given the power to vote on network upgrades, ensuring transparency and decentralization. ELF has seen consistent growth over the last few months, with a 15% increase and 17 green days in the previous 30 days. It’s currently priced at $0.589 per token, ranking it #76 in the Ethereum Tokens sector, #9 in the Binance Smart Chain sector, and #58 in the Layer 1 sector. Its trading volume and market cap signify high liquidity, robust interest, and activity from traders. It recently rolled out its V2.0 update, enhancing transaction speed and sidechain management. ELF is now collaborating with global enterprises to create blockchain-based solutions for supply chain, gaming, and finance. ELF’s approach to scalability, interoperability, and customizability places it among the most promising blockchain platforms. 2. Livepeer (LPT) We’re moving forward with Livepeer, a decentralized video streaming network built on the Ethereum blockchain. It aims to revolutionize video infrastructure by making it more efficient, cost-effective, and accessible through blockchain technology. The coin allows users to contribute unused computing resources to process videos, creating a decentralized and scalable video transcoding and streaming solution. The coin uses a distributed network to process video content efficiently and reduces video processing costs by up to 50x compared to traditional methods. Users can earn LPT tokens to contribute computing power, creating a robust incentive system. It also offers tools and APIs for developers to integrate video streaming into their applications seamlessly. LPT is being traded at $17.74 per token, with an 8% gain over the past week, showing positive momentum. Its price increased by 190% in the last 1 year and has outperformed 70% of the top 100 crypto assets, including Bitcoin and Ethereum. The coin maintains strong market liquidity and investor interest with growing adoption in the decentralized video space, positioning the coin for long-term success. Significant platforms and developers are integrating LPT’s technology to reduce streaming costs and improve efficiency. The number of active participants have steadily increased, driven by its rewarding system and low-cost solutions. LPT’s innovative use of blockchain for video streaming positions it as a game-changer in the industry. 3. Catslap (SLAP) The crypto market loves an innovative underdog or, in this case, an undercut! Catslap , the latest feline-themed cryptocurrency, is making waves with its highly anticipated presale. It offers investors a chance to get in early on what could be the next big hit in the meme coin universe. But what makes Catslap stand out? The coin combines the viral appeal of meme coins with tangible utility, a combination that’s becoming increasingly rare. While meme coins often thrive on hype alone, SLAP promises a platform that rewards active participation, making it more than just another “fun” crypto. Presales are often where fortunes are made, and Catslap’s presale offers a unique chance to buy in at the lowest possible price. As the project gains traction, early adopters will see exponential returns. Early investors will enjoy bonus token allocations of up to 25%. The coin has already raised $2 million within the first two weeks of its presale, signaling strong interest from investors. Its presale price of $0.003 per token offers a low-risk entry compared to post-launch market prices. SLAP isn’t just banking on hype; it’s building a platform designed for sustainability and user engagement. Whether you’re a seasoned investor or a newcomer looking for your first big win, SLAP’s presale is an opportunity worth exploring. Join the SLAP movement before it takes off! Visit Catslap Presale . 4. Aevo (AEVO) Aevo enhances efficiency, scalability, and usability in decentralized finance (DeFi) and beyond. The coin aims to bridge the gap between blockchain technology and mainstream adoption by focusing on advanced smart contracts and user-friendly tools. AEVO is tailored for developers, businesses, and end-users alike, and it has a robust architecture that combines security and flexibility. The coin introduces a next-generation framework for secure and efficient contract execution. With cutting-edge technologies, it ensures rapid transaction speeds even under heavy network loads and connects with multiple blockchains, ensuring smoother cross-chain operations. AEVO uses innovative technology to provide faster and more scalable solutions. AEVO has shown resilience with a 12% rise over the past month, bringing its price to $0.516. It has been trading above the 200-day simple moving average, with 19 green days in the last 30 days. With its high trading volume, the coin enjoys strong liquidity and investor confidence. Positive developments and increasing partnerships fuel optimism around AEOVO’s future. Its tools are increasingly being adopted by developers building innovative dApps, and active participation in its governance model highlights its decentralized ethos. AEVO recently expanded its mainnet capabilities, introducing support for advanced multi-chain applications. As it gains momentum through strategic partnerships and technological advancements, it holds the potential to become a cornerstone of the decentralized ecosystem. 5. Notcoin (NOT) Shifting our focus, let’s discuss Notcoin, a decentralized cryptocurrency designed to empower real-world applications by integrating blockchain technology with everyday services. Businesses increasingly use the coin for logistics and payment solutions, expanding their ecosystem. Its reward programs and educational campaigns are also growing its user base. The coin focuses on real-world utility, including e-commerce, logistics, and peer-to-peer payments. It processes thousands of transactions per second and ensures reliable service. Built on a low-energy consensus mechanism, NOT is eco-friendly and cost-effective. It connects seamlessly with other blockchains, enabling cross-chain functionality and wider adoption. NOT has seen a steady increase of 7% over the past week, increasing its price to $0.0085. Based on its market cap, it has experienced 15 green days in the last 30 days and has high liquidity. The coin is actively being traded, reflecting high investor confidence and strong market presence. Its focus on utility and partnerships positions it for sustained growth in the crypto and real-world markets. Several global e-commerce platforms have integrated NOT for transactions, boosting its use cases. It recently launched a sustainability program to offset carbon emissions associated with blockchain operations. Its commitment to usability and adoption strengthens its market position, setting it up for long-term success. Read More Biggest Crypto Gainers
On December 11, the team behind Notcoin, Open Builders, launched the Launchpool platform Earn, planning to reward users who hold TON-based tokens in the Telegram Wallet application. It is understood that Telegram Wallet was developed by TON Foundation and users can directly manage and trade cryptocurrencies through this platform. Earn is the first such program launched by Notcoin, aiming to encourage user participation in the ecosystem by providing a way to unlock rewards without needing a more complex collateral mechanism. The rewards from Earn mainly come from new project launches; users can participate in multiple project pools at once without having to transfer funds or pledge assets. Currently, rewards are only distributed to holders ranked within top 100k in mining pool.
Open Builders, the creators behind the popular clicker game Notcoin, has introduced Earn, a launchpool platform designed to reward users for simply holding TON-based tokens in the Telegram Wallet app. Built by TON Foundation, Wallet is a feature within the Telegram messaging app that enables users to manage and transact with cryptocurrencies directly through the platform. It supports assets such as bitcoin, USDT and TON ecosystem assets, allowing the buying, selling, exchanging and transferring of these digital currencies. Users can access the wallet by interacting with the @wallet bot on Telegram. Earn is the first such initiative from Notcoin, designed to encourage participation in the ecosystem by offering users a way to unlock rewards without more complicated staking mechanisms. Notcoin was the first Telegram game to pioneer the clicker model, where all users had to do was press a button and earn in-game currency, which later became a $1 billion token airdrop. Nocoin’s pseudonymous founder, who goes by Sasha, set out how the project could evolve in June. The plan for the next four years is for the project to become independent of the team by building sustainable and efficient subsystems, Sasha told The Block at the time. Where do the rewards come from? The Earn rewards come from new project launches effectively airdropping some of their tokens to holders of existing Telegram-linked, TON-based coins like NOT and DOGS, the team told The Block. Users can participate in multiple project pools at the same time, such as the Notcoin Pool or DOGS Pool, with hourly rewards distributed based on users’ leaderboard rankings from onchain snapshots. There are also exclusive pools for Gold, Platinum and Early Notcoin Stakers, the team said. Users can simply request to access the pools, their wallet balance is automatically checked and if they meet the requirements, they can join and start earning rewards without having to move their funds or stake their assets. Conditions vary for each independently operated pool, and although anyone has the chance to participate, currently, rewards are only distributed to the top 100,000 holders in a pool, according to the team. One of the initial projects featured on Earn is BUILD, a community-driven token created to reward active participants across Telegram's ecosystem. Earn is also set to introduce NOT PX tokens this month, broadening the range of rewards and offering additional opportunities for user engagement, the team said. Telegram clicker game craze fuels TON blockchain growth Telegram mini apps are lightweight, web-based applications that can be embedded and accessed directly within the popular messaging platform, which claims to have over 900 million users. Telegram has expanded its crypto footprint this year, with millions of gamers using the messaging app to play tap-to-earn games like Notcoin, as well as Hamster Kombat, Catizen and Yescoin in the hope of earning corresponding tokens on TON blockchain. Notcoin’s NOT token went live on TON blockchain in May, peaking at a market cap of around $1.5 billion before dropping back to its current $782 million level, according to The Block’s Notcoin Price Page . Capitalizing on the games' explosive growth, Telegram also introduced a mini-app store and an in-app browser with support for Web3 pages in July.
On December 11, the team behind Notcoin, Open Builders, launched a startup pool platform called Earn, aimed at rewarding Telegram Wallet users who hold TON ecosystem tokens. Through this program, users can receive rewards simply by holding relevant tokens without the need for complex staking operations. The rewards from Earn come from airdrops of new projects that distribute their tokens to existing holders of TON ecosystem tokens such as NOT and DOGS. Users can participate in multiple project pools simultaneously like the Notcoin pool or DOGS pool and are rewarded hourly based on rankings from on-chain snapshots. In addition, exclusive pools have been provided for gold, platinum and early Notcoin stakers. Each pool has its own set participation conditions and currently only rewards the top 100 thousand users.
Open Builders, the creators behind Notcoin (NOT), are unveiling their new platform, Earn. The product aims to transform how Telegram’s vast user base of over 900 million people engage with and benefit from token holding. With the launch of Earn, Telegram communities now have a new way to grow their token holdings easily and be rewarded for their loyalty to projects they support. Earn Launches for Telegram Communities Earn is Notcoin’s first-ever initiative, designed to reward users simply for holding tokens without the complexity of traditional staking systems. It lets participants receive rewards by merely holding tokens in their wallets. This is as opposed to requiring users to lock up their assets or participate in complicated processes, “Earn is a new kind of launch pool platform built specifically to cater to Telegram communities. We’re giving people a new, exciting way to grow their holdings and stay engaged with the projects that they believe in. With Earn, users no longer need to worry about staking mechanisms or minimum token requirements. All they have to do is hold, and the rewards will come,” Open Builders said in a statement shared with BeInCrypto. Earn differentiates itself from other platforms by offering several unique features that cater to the diverse needs of Telegram users. Among them are dynamic hourly rewards, multiple and exclusive pools, and on-chain snapshots with no minimum requirements. One of the first tokens available on Earn is BUILD. The community-utility token will reward active participants within the Telegram ecosystem. Starting in December, Earn will also feature NOT PX tokens. This will broaden the array of rewards available and provide even more incentives for Telegram users to get involved. “We’re excited to offer BUILD and NOT PX tokens as part of our Earn ecosystem. These tokens are integral to our mission to foster deeper engagement within Telegram communities and reward users who contribute to their growth,” the team continued. This development reflects a shift in user interest away from tap-to-earn games, which once brought significant popularity to the Telegram ecosystem. As reported by BeInCrypto, user numbers have been steadily declining, highlighting waning enthusiasm. Contributing factors include repetitive gameplay, reduced airdrop rewards, cheating, hacking, and cash-out difficulties. These issues have driven players away, leading to a shrinking user base on TON. The fading hype surrounding these games has also caused a nearly 60% drop in total value locked (TVL) on TON since August. TON Blockchain TVL. Source: DefiLlama Whether the new holding-to-earn mechanism achieves sustained user growth remains to be seen. However, it will depend on Telegram’s ability to mitigate user concerns and improve from the failures in tap-to-earn gaming.
Ripple CEO Brad Garlinghouse has recently found himself at the center of a public clash with John Reed Stark, a former U.S. Securities and Exchange Commission Official. After Garlinghouse’s interview with 60 Minutes, he went on the social media platform X to respond to the Stark 60 Minutes interview, leading to a back-and-forth between the two. The disagreement started when Garlinghouse accused Stark of spreading false information, especially a recent court ruling that XRP is NOT a security. He also didn’t hold back, slamming the media for leaving out key details in their coverage. He took to X (formerly Twitter) to say, “The media left out crucial facts,” referring to the judge’s decision in the ongoing legal issue between Ripple and the SEC. Ripple CEO calls out John Reed on X | Source: X Stark denied Garlinghouse’s accusation of being a “shill” for SEC Chairman Gary Gensler. He clarified that while he holds a strong opinion about crypto, he believes the SEC’s enforcement actions should come to an end. Stark believes halting these actions could help bring clarity to the industry. Garlinghouse, however, stated that while Stark might not be a Gensler supporter, the arguments sounded too much like the SEC Chair. In the interview, Stark had made some bold statements about the cryptocurrency market, claiming it facilitates crime and has little real-world use. Garlinghouse responded, saying that the problem isn’t the crypto itself but rather the SEC’s crackdown. “The SEC’s role in cracking down on the market is the major challenge,” he said. Ripple’s involvement in the political landscape was another major topic during the 60 Minutes segment. It has donated $25 million to the pro-crypto Super PAC Fairshake, which supports candidates who back digital assets. This push for political allies paid off in the last election, where crypto-friendly voters helped secure Republican wins. Meanwhile, the future of crypto regulation could soon shift as the SEC prepares for new leadership. With President-elect Donald Trump nominating pro-crypto Paul Atkins to head the SEC, Garlinghouse is hopeful that the agency will take a more balanced approach starting next year. Follow The Crypto Times on Google News to Stay Updated!
December 10th, the market shows that the top tokens are: LEO is now at $9.406, up 0.53% during the day. In addition, intraday losses ranked the top several tokens are: CORE is now reported at $1.108, down 21.55% intraday; NOT is now reported at $0.00728, down 21.04% intraday; SATS is now reported at $0.000000242, down 18.32% intraday; DYDX is now reported at $1.915, down 17.99% intraday; PEOPLE is now at $0.0587, down 17.82% on the day.
Members of the Taliban have been “making good money” trading memecoins, specifically Shib and Dogecoin, according to a recently-released documentary film. On Sunday, X user and documentary filmmaker “Arab” posted a snippet of a two-part film in which he spends seven days with the Taliban. In the 37-second clip, Arab sits in a room of (presumably) Taliban members and asks one particularly elderly man “do you like memecoins?” At this point, another man interjects, telling Arab that “they don’t know about that.” However, he goes on to explain that he is familiar with crypto and opens up with more details about his trading strategies and preferred coins. “I’ve done Shib and these things,” he says, adding, “I made some good money in Shib and with Doge.” However, he then clarifies that he “lost it back.” “Talibros trading memecoins,” laughs an excited Arab before the man chimes in again with “buying high, selling low. That was my thing.” Read more: US congressman Mike Collins goes from altcoins to memecoins Arab then jokes to the camera, “If you rug-pulled, just know, you took it from this man here. And me” Other clips from the film feature the same man claiming that women “cannot rule because they have less brain,” revealing the “truth behind 9/11,” explaining why the Taliban banned music, and attempting to recruit Arab (he seems open to the idea). In the comments under the clip, Arab posted, “Someone run up $SHARIA coin,” before quickly following up with, “GUYS IM TROLLING DONT BUY $SHARIA COIN. I DO NOT CONDONE THIS.”
Recently, Helika Gaming and Notcoin have teamed up to launch the Telegram Gaming Accelerator program, which aims to provide high-quality game content to more than 900 million Telegram users worldwide. The program will provide game studios with free traffic and analysis tools, as well as professional guidance from game industry veterans and Web3 experts to help developers create innovative game projects. The application for the game accelerator will continue until December 16th, and applications will be considered on a rolling basis to ensure that more potential game developers receive support. Notcoin is a casual game based on Telegram. Users can earn in-game tokens by clicking on coin images. The goal of this project is to simplify the cryptocurrency processing process, make it easier for more ordinary users to access and participate in the cryptocurrency ecosystem, and lower the entry barrier. In addition, Notcoin plans to guide users to understand and experience cryptocurrency by attracting the public, thereby promoting the popularity of the cryptocurrency industry. According to the announcement on November 10th, the Notcoin project stated that the TON ecosystem has become the main active ecosystem for users on the 100 million chain and an important platform for this group to participate in crypto activities. With the launch of the Telegram game accelerator, Helika Gaming and Notcoin plan to continue to strengthen their close cooperation with the TON ecosystem and promote further integration of the crypto and gaming industries.
The Pledge , a newly launched cryptocurrency project launched by a group around the photographer and Web3 advocate Rainer Hosch and Mike Hager , has become a hot topic in the crypto world. With its unique token-holding rules and a controversial enforcement mechanism, The Pledge has divided opinions. What Is The Pledge? The Pledge is a crypto project designed to create a controlled token economy, where participants are restricted to selling only 1% of their holdings per month—amounting to just 12% per year. This structure locks holders into an 8.5-year commitment. The project has onboarded 900 participants, each receiving 1 million tokens. These participants were reportedly handpicked by Hosch, who extended private invitations to build the initial community. Leadership by Rainer Hosch, Mike Hager, and Team Faces Heavy Criticism Rainer Hosch , widely known for his NFT project "52 Icons," along with Mike Hager and a small group of collaborators, is at the center of significant backlash for their leadership of The Pledge. While the team has presented the project as a "social experiment," critics argue that their repeated focus on financial gains casts doubt on the project's credibility as a genuine social endeavor. Community members have voiced growing frustration over the team’s lack of transparency. Key questions about the project’s goals and the ethics behind its strict enforcement mechanisms remain unanswered. Allegedly, Hosch and his co-leaders have avoided addressing these concerns directly, further eroding trust. Statements made by Hosch and others on X (formerly Twitter) have been called out as "bullshit" by some participants, intensifying the dissatisfaction. Many in the crypto community view their actions as falling short of the accountability expected from leaders, arguing that this group has failed to set a positive example with their approach to the project. Another X user who is believed behind The Pledge project was seen on Discord scaring people into selling and pushing the "Pledging" narrative, talking about the benefits of NOT selling Pledge tokens. Behind the technical infrastructure of The Pledge lies the work of DappPunk . While specifics about his contributions are not explicitly detailed, DappPunk is reportedly responsible for the smart contract development that powers the project. An interesting pattern has emerged among participants: users involved in The Pledge are actively reposting and amplifying each other’s content on X. This coordinated promotion strongly suggests that the project is a premeditated effort to create hype and maintain a tightly controlled narrative. Such behavior raises concerns about transparency and authenticity, as the orchestrated nature of the posts may mislead outsiders into believing in the organic success of the project. Community members have expressed frustration with Hosch’s lack of transparency. Despite growing concerns, he has allegedly avoided answering key questions raised by the community about the project’s goals and enforcement mechanisms. His statements on X (formerly Twitter) have been labeled as "bullshit" by some participants, further fueling discontent. However, there are also many "Pledgers" who already are pushing The Pledge narrative. PLEDGE Token Price: Volatile Start The PLEDGE token experienced an explosive launch, initially shooting up to a peak of $0.04, reaching a market cap high of around $40 million. This hype was driven by intense hype and coordinated promotion from its early participants. However, the momentum was short-lived, as the token’s value plummeted shortly after, crashing to its current price of approximately $0.0053. This dramatic drop has left many questioning the sustainability of the project and the motives behind its orchestrators. The rapid decline highlights the high-risk nature of speculative tokens, especially in projects surrounded by controversy and limited transparency. PLEDGE price on Uniswap - DEX Screener Controversial Enforcement Mechanism The enforcement rules of The Pledge have been a focal point of controversy. Participants who breach the selling agreement reportedly face public shaming, drawing comparisons to the dystopian theme of "The Purge." This punitive approach has been condemned for its ethical implications and potential violation of human dignity. Also. their Discord channel looks very aggressive, enticing people to publicly shame other users. Transactions and breaches are documented on the blockchain and publicly discussed on X, amplifying the reputational risks for those who fail to comply. Critics argue that this creates a coercive environment where participants are pressured into compliance under fear of public defamation. Is It Really a Social Experiment? Rainer Hosch markets The Pledge as a "social experiment," but critics challenge this narrative. They argue that: The project revolves around real money and real reputations, making the claim of an "experiment" baseless. The ultimate goal appears to be financial gain, as reflected in Hosch’s messaging and the project’s design. The ethical concerns, such as public shaming and coercion, undermine the legitimacy of any experimental claim. One of the most alarming aspects of The Pledge is its use of on-chain blame lists and public shaming to coerce compliance. Participants who sell more tokens than allowed risk having their reputations destroyed, both within the crypto community and beyond. This isn’t just a matter of financial loss—it’s an orchestrated attack on an individual’s personal and professional identity. By leveraging blockchain technology to permanently record actions and enforce social consequences, the project creates an environment where participants are not just held accountable, but punished in ways that could have lasting and far-reaching effects. If one were to assume or even attempt to convey the impression that "this is just an experiment," it must be strongly countered that this is happening publicly, accessible to everyone, even recorded on the blockchain, and on X (formerly Twitter), which could lead to individuals being publicly defamed and suffering lasting harm. Since this involves real money, the argument of an "experiment" is entirely baseless. Every participant could be held liable as an accomplice, as the purpose is financial gain, and a criminal offense could be unequivocally proven depending on the participant's country of residence. The CryptoPunks Connection The Pledge has garnered attention partly due to the involvement of prominent figures from the CryptoPunks community. While their participation adds credibility, it has also led to increased scrutiny. Critics question the alignment of CryptoPunks’ ethos with The Pledge’s controversial practices. Every X account talking highly of the project seems to be currently affiliated with the project. Mike Hager for example is known to have participated in many previous shady projects, and is among those who are pushing the Pledge narrative. Zeneca, the famous crypto influencer on X seems to also be "Pledging" his allegiance to this project, as he is pushing the narrative hard on his accounts. It seems that he is either behind the project, or one of the few first investors looking to benefit from an upcoming "Big Dump". Conclusion: Is The Pledge really Helping Crypto Investors? While much of the criticism surrounding The Pledge focuses on its apparent focus on financial gain, the project raises deeper ethical and human rights concerns. At its core, The Pledge enforces a system where participants have their autonomy stripped away, placing them in a framework of strict control with public shaming as a form of enforcement. This goes far beyond the typical risks of financial speculation in crypto projects and ventures into a realm that challenges the very foundation of human dignity. Critics argue that this form of enforcement violates basic human rights. In a world where dignity and the right to privacy are fundamental, The Pledge’s methods strip away these protections, reducing individuals to pawns in a system that thrives on control and coercion. Participants are not only financially obligated but socially and reputationally bound to the system, with no option to freely exit without significant repercussions. What makes this even more troubling is the absence of free will within the project. While the founders and their inner circle appear to wield complete control over the rules and enforcement mechanisms, participants are left with little choice but to comply or face public defamation. This has drawn comparisons to totalitarian systems, where the actions of a few dictate the fate of many, and dissent is met with severe punishment.
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