Neko 🐯

🔓 Top 7 Token Unlocks of the Upcoming Week

The following tokens with the largest unlock amount will be unlocked next week:

Optimism - $71.50M
Immutable - $38.39M
1inch - $27.61M
Santos FC - $12.11M
Skale - $11.16M
Tribal Token - $10.75M
Portal - $8.85M

#NekoNews @OriNeko

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

The U.S. SEC released its enforcement report for fiscal year 2024, showing that a total of 583 enforcement actions were initiated, a 14% increase from 2023, with fines and settlements reaching a record high of $8.2 billion. The enforcement focus includes high-risk areas such as cryptocurrencies and private equity funds.

#Nekonews @OriNeko

How is OriginTrail used ?

OriginTrail (TRAC) is a blockchain-based protocol designed for supply chain management and data sharing. The TRAC token is the native cryptocurrency of the OriginTrail network and serves several purposes:

🎥Staking and Collateral: TRAC is used for staking and setting collateral on the Decentralized Knowledge Graph (DKG) network nodes, ensuring the integrity and security of the data shared on the network.
🎥Publishing and Updating Data: TRAC is used to pay for fees to publish and update Knowledge Assets, which are pieces of data stored on the network.
🎥Incentivizing Network Participation: TRAC incentivizes network participants to provide accurate and timely data about supply chain activities, ensuring the reliability and trustworthiness of the data shared.
🎥Data Storage and Services: TRAC is used to pay for data storage and other services on the network, making it a crucial component of the OriginTrail ecosystem.
🎥Improving Keyword Ranking: TRAC can be used to improve the keyword ranking for information stored on the network, enhancing discoverability and accessibility.
🎥Earning Rewards: Users can earn rewards by staking or delegating TRAC to DKG nodes, providing an additional incentive for participation in the network.

Overall, the TRAC token plays a central role in powering the OriginTrail ecosystem, ensuring the secure, transparent, and decentralized sharing of data across various industries.

#NekoSpotlight @OriNeko

What is OriginTrail?

OriginTrail (TRAC) is a blockchain-based protocol designed for supply chain management. It enables seamless data sharing among stakeholders, ensuring the authenticity and quality of products, and compliance with regulations. The protocol is built on Ethereum and uses the TRAC token to incentivize accurate data provision and pay for services. OriginTrail aims to address fragmented supply chain data by creating a decentralized network for secure and transparent data sharing.

#NekoSpotlight @OriNeko

Okay, so according to the voting results, the majority choose OriginTrail ($TRAC) in the next post I will explain about OriginTrail ($TRAC).

Polymarket blocks French users amid regulatory probe

Polymarket has blocked access to French users following an investigation by France's national gaming authority, the ANJ, into its compliance with gambling laws.

The move comes after reports of significant betting activity by a French trader on the U.S. Presidential election, drawing regulatory scrutiny.

#Nekonews @OriNeko

SSV Network - Alan Upgrade Fork

SSV Network will undergo the 'Alan' upgrade, which aims to enhance the network's performance and scalability. This fork could lead to a more efficient and faster network, potentially attracting more developers and users.

Such improvements often breed positive sentiment and could positively influence the asset's price. However, network upgrades can also introduce unforeseen challenges, so it's crucial for traders to remain vigilant during this period. To learn more about the technical details and implications of the upgrade, check the source here.

📈 Neko Forecasting $SSV for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko

Binance Futures, Bitget Futures
#1MBABYDOGE/USDT Take-Profit target 1 ✅
Profit: 42.038% 📈
Period: 1 Days 1 Hours 2 Minutes ⏰

Layer-1 cryptocurrencies like XRP, TRX, TON, ADA, and SOL surged after the US presidential election, driven by expectations of a pro-crypto administration.

Spot trading volumes have also sharply increased.

#NekoNews @OriNeko

How Does Zircuit Protocol Work?

Zircuit utilizes a modular architecture with several key components:

Sequencer: The sequencer is responsible for ordering transactions and generating the cryptographic proofs. Notably, Zircuit incorporates AI-powered security features within the sequencer to monitor for malicious activity.

Verifier: The verifier, running on the Ethereum main chain, validates the proofs submitted by the sequencer, ensuring the accuracy and legitimacy of the transactions included in the rollup.

Smart Contracts: Zircuit leverages smart contracts to manage user funds and facilitate interactions within the rollup environment.

#NekoLearn @OriNeko

🐱 Learning With Neko Week 62.
Hola, Necats, happy weekend today we'll talk about Zircuit.

What is Zircuit (ZRC)?

Zircuit (ZRC) is a EVM-compatible zero-knowledge rollup that aims to provide a faster and more secure way to process blockchain transactions. By using zero-knowledge proofs, Zircuit enhances privacy and security, ensuring that users' information remains confidential while still allowing for transparent and verifiable transactions.

#NekoLearn @OriNeko

Solana Average Transaction Fee & Burn Rate

The surge of memecoins trend has led to increased transaction volume on Solana network, resulting in higher network fees and burn rate. Such network activity may impact SOL's future inflation rate, which currently stands at 4.89%.

#NekoNews @OriNeko

1inch - 98.74MM Token Unlock

On November 30, 2024, 1inch will unlock 98.74 million tokens, representing about 7.72% of its circulating supply. Large token unlocks can affect the supply-demand balance and potentially influence the price. With more tokens available, some traders might sell, lowering the price. Others might see this as a buying chance if they believe in 1inch's long-term value. Understanding both perspectives helps in making smart trading decisions. To keep updated on this event, you can learn more at here.

📈 Neko Forecasting $1INCH for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#TIA/USDT Take-Profit target 2 ✅
Profit: 79.619% 📈
Period: 3 Days 17 Hours 59 Minutes ⏰

Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe

Solana finally broke a new record high on Nov. 22, two years after the FTX exchange collapsed and pulled down prices of the layer-1 blockchain token. Solana prices tapped $264.31 on Coinbase on Nov. 22, according to TradingView. The move follows an impressive 11% gain over the past 24 hours.

SOL has been one of the better-performing altcoins this year, having gained 160% since the beginning of 2024. The asset fell to a cycle low of just under $10 in December 2022 after the collapse of former FTX CEO Sam Bankman-Fried’s crypto empire.

#NekoNews @OriNeko

Hedera to Conduct Testnet Upgrade

Hedera will be upgrading its testnet to version v.0.56 on November 21st at 18:00 UTC. Refer to the official tweet by HBAR

📈 Neko Forecasting $HBAR for short-term correction and bounce from current marked demand zone for buy position.

#NekoChart @OriNeko

📊 Fear and Greed Index: What Is It and Why Does It Matter?

The Fear and Greed Index is a popular tool to assess the "mood" of the market.

🌈 What is the Fear and Greed Index?
The F&G Index measures whether the market is dominated by "fear" or "greed," ranging from 0 (Extreme Fear) to 100 (Extreme Greed).

🟢 Today, it’s at 94! Extreme Greed! 🤑
Many investors are optimistic and actively buying, believing prices will keep rising.

💡 Why Is This Important?
Extreme Greed often signals an overheated market, increasing the likelihood of a price correction.
On the other hand, Extreme Fear could be a buying opportunity, as asset prices tend to be lower.

🔥 What Should We Do?
- Stay rational! Fear and Greed can lead to impulsive decisions.
- Always rely on technical and fundamental analysis before making investment moves.

Save and share if you find this post helpful as a reference and reminder! 📚

@OriNeko

SEC Chair Gary Gensler will step down Jan. 20, make way for Trump replacement

The U.S. SEC Chair Gary Gensler will resign on January 20, 2025, paving the way for President-elect Donald Trump to select a replacement immediately.

Gensler took over the SEC in 2021, and under his leadership the commission has taken an ambitious but controversial approach to several regulatory issues, including cryptocurrencies. His term was supposed to officially end on June 5, 2026.

#NekoNews @OriNeko