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If You Want To Become Rich in Next Bullrun Keep Eye on These Coins🐂
$8 Million in Crypto & NFTs Mysteriously Burned. "The anonymous trader destroyed $3.3 million worth of the crypto tokens GMX and GNS, including several and very expensive NFTs, which comes just a few days after he also, without explanation, burned approximately $4.5 million in assets"
Mysterious ETH destroyer nd4.eth burns nearly $4 million worth tokens and NFTs again
What projects/sectors do you guys think will be the big winners next bull run?
Why is there such a large price difference in this Uniswap V3 LP pool?
I still don’t understand how CeFi gained this much power when DeFi has many more benefits and features.
Notice how with DeFi its a “scam” but when it comes to CeFi its “bankruptcy”
Perpetual Protocol and Perpetual DeX 101
Our "meme" one-liners exist for a reason, stop thinking you're over that if you're a newbie
DXP - Upcoming Project riding the Perp Dex narrative (>$3mil mc GMX competitor)
DXP - An upcoming leverage trading platform launching on Arbitrum.
Gains Network - Polygon grant winner, massive protocol revenue compared to current valuation
Gains Network - GNS - decentralised leverage trading sharing revenues - winner of multiple Polygon grants!
Gains Network - GNS - decentralised leverage trading platform sharing revenue with holders - multiple Polygon grant winner!
gTrade and Gains Network's GNS Token: Value Proposition
Gains Network, possibly the best Decentralized Leverage platform, direct competition to dYdX, PERP and GMX
Mentions
Good alts to me are those that generate and share revenue with holders/stakers completely on-chain. Examples such as: PENDLE, GNS, Meridian MST, A51, QUICK, MMY, HEGIC
PENDLE, GNS, Meridian (MST), A51, MMY are all examples of dapps sharing on-chain revenue with stakers.
I'd rather go with a DEX not in the light of sight of the SEC, preferably ones with a history of sharing platform fees with holders: GNS, QUICK, AERO, PENDLE, MUMMY.
GNS, MST, QUICK, A51, MUMMY are the ones I am watching.
Meridian Finance (MST), A51, PENDLE, GNS
PENDLE or GNS. AVAX and ETH are both good choices with ETH being more conservative.
QUICK probably should be on the list. Biggest native dex on Polygon. I'd also consider a new category for leveraged DEX's like GNS, DXDY, and GMX.
There are fundamentals for certain coins. ETH is revenue positive. GNS is paying out 20% to stakers from entirely on chain sources of revenue. Meridian MST is sharing revenue with stakers from four different chains. Do coins with fundamentals pump as hard as eloncumdoge? No. Meme coins are all about hype. So they question that leaves you with is what is your risk posture? Chase random meme coins or lock in projects that are revenue plays that will only grow with general crypto adoption.
PENDLE - A unique app this cycle is turning yield bearing tokens into bond markets GNS - gTrade is the best fully on-chain leveraged DEX in crypto. Pays out huge dividends on DAI, USDC, or ETH.
Only DEX tokens worth considering are QUICK and GNS.
Looking into gTrade (GNS) if you want to do perps on-chain. The CEX are all trading against you.
Pendle is turning liquid staking into an actively traded bonds market, which is a unique concept this cycle. GNS is the most efficient leveraged trading platform in crypto and paying out an insane 20% APR in stable coins. All revenue is fully on-chain.
My top3 are ETH, PENDLE, GNS.
Gains Trade (GNS) because it pays out in stables. 20% APY right now.
I use GNS mostly. I use it through Rabby on desktop and Metamask on mobile.
PENDLE, GNS, Meridian Finance, A51, TLOS, HEGIC, ELK All of these are undervalued at the moment.
GNS and PENDLE are my on the bubble blue chips this cycle.
GNS is better in every meaningful way.
If you are into serious nonsense: GNS, PENDLE, GAMMA.
ETH, GNS, PENDLE, GAMMA. You can thank me later.
IMO, there are tokens that provide real yield entirely on-chain (and not propped up by an inflating token) and those are the ones that will skyrocket during a bullmarket: GNS, PENDLE, GAMMA, MST (Meridian Finance)
DYDX and GMX are terrible places to do leveraged trading. gTrade (GNS) is architected better for capital efficiency so it has lower fees and better revenue sharing.
GTrade (GNS) is the best place to do it fully on chain.
GNS, PENDLE, GAMMA All are coins that share revenue with holders entirely on chain.
Switch to GTrade (GNS). Not a GMX clone, nor relying on inflating its token supply.
Buying GNS is owning the casino and being paid every block in hard currency. And GNS isn't designed to inflate away your stack. I know people will figure it out at some point but this is the time to be balls deep in the good alt projections.
GNS pays platform fees out in DAI (a decentralized stablecoin). You can also stake DAI in the gDAI vault and earn a competitive interest rate.
Honestly, I don't get why people aren't into GNS more. I keep hearing people talk about inflating GMX and non-profit sharing DYDX but GNS is simply better across all relative measures. On-chain real yield is imo what this bull run will be about.
Gains Network (GNS) - DeFi ecosystem on Arbitrum and Polygon with amazing developers and community Radix (RDX) - Layer 1 DeFi blockchain Delphibets (DPH) - Betting platform built on Radix
Look into GNS token. The math behind its pretty solid.
Seeing if this GNS pump has legs this week. Interesting price movement over the weekend.
Its true and a lot of CEX-based leverage trading is fairly predatory (and likely trading against their customers). I'd look into Gains Network (GNS), GMX, Meridian Finance, QuickSwap, Buffer, Mummy Finance, etc. if you want to do leveraged trades transparently on-chain. Many are cheaper overall on fees.
NANO -- fully distributed, fast, feeless, green cryptocurrency. The only crypto with the attributed I want to use for point of sale payments. All on chain. GNS -- Fully distributed and shares its leveraged trading protocol revenue with stakers. Created the gDAI vault so you can get paid interest on a trusted stable coin. $30M+ in the vault earning 4.5% APR this week all on chain. PENDLE -- Effectively turns yield bearing tokens (staked ETH, gDAI, etc) into tradeable bonds (huge for capital markets). All on chain. Unipilot/Gamma -- Two protocols for automating concentrated liquidity strategies. All on chain.
$GMX - derivative platform on ARB, I believe the derivative DEX narrative will gain popularity, especially when people are forced out of CEXs for derivatives. $GNS - see above. $ICP - best team in the game, decentralized cloud computing, it's never really had a bull run and it was short squeezed by the FTX cartel, I believe it's undervalued. $ARB - L2s will be a big narrative, I am hedging my bets with all of them. $ZKS - see above. $ZRO - see above. $LINEA - see above. $BASE - see above. The only old crypto from last cycle is icp. A lot of these are potentially airdrops I am trying to farm as well.
Isn't GNS a buy stock get airdrop?
tldr; An unknown crypto user named "nd4.eth" has burned approximately $8 million worth of cryptocurrency and high-valued NFTs, leaving the crypto and NFT communities puzzled. The anonymous trader destroyed $3.3 million worth of crypto tokens GMX and GNS, as well as several expensive NFTs, and previously burned around $4.5 million in assets. These assets were sent to a designated wallet address, removing them from circulation. The motivations behind these actions remain a mystery, and speculation and theories are circulating within the crypto community. The enigmatic actions of nd4.eth have sparked intrigue and curiosity, highlighting that even in the transparent realm of blockchain, mysteries can persist. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
tldr; An unknown crypto user named "nd4.eth" has burned approximately $8 million worth of cryptocurrency and high-valued NFTs, leaving the crypto and NFT communities puzzled. The anonymous trader destroyed $3.3 million worth of crypto tokens GMX and GNS, as well as several expensive NFTs, and previously burned around $4.5 million in assets. These assets were sent to a designated wallet address, removing them from circulation. The motivations behind these actions remain a mystery, and speculation and theories are circulating within the crypto community. The enigmatic actions of nd4.eth have sparked intrigue and curiosity, highlighting that even in the transparent realm of blockchain, mysteries can persist. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
>The anonymous trader destroyed $3.3 million worth of the crypto tokens GMX and GNS, including several and very expensive NFTs, which comes just a few days after he also, without explanation, burned approximately $4.5 million in assets (approx. 2,500 ETH as of press time). >Alongside the tokens, several high-value NFTs were also dispatched to oblivion. These included pieces from Bored Ape Yacht Club (BAYC), three Mutant Ape Yacht Club (MAYC) NFTs, and coveted CryptoPunk #5237. Taking a further look at the current floor prices of each of these NFT projects, this was an estimated value of around $225,000 (or 122 ETH) as of press time.
Remember the ETH address nd4.eth, who burned $4.5 million worth of ETH by sending them to a dead wallet? It looks like the mysterious burning spree continues. **July 26, 2023:** The wallet address nd4.eth sent 2500 ETH to the burn address. It was worth $4.5 million. There was a rumor doing the rounds that his girlfriend cheated on him, and he destroyed his ETH. **July 29, 2023:** He spent 5,330 DAI to buy GMX and GNS and also transferred 34.9 GMX ($1,989) and 600 GNX ($2,733) to the dead address. He had 34,287 GMX (worth $1.84 million) and 311,003 GNS (worth $1.43 million) in his wallet during the first burn incident. **August 9, 2023:** He sent 1 BAYC, 1 MAYC, and 1 BAKC NFTs to the burn address (worth $88.3K). **August 10, 2023:** He burned another $3.59 million worth of GMX and GNS tokens today, most of which he has held for months. What could be the possible reason for this self-destruction?
tldr; An unknown individual with the ENS identifier nd4.eth has burned $8 million worth of crypto tokens and NFTs, including GMX and GNS tokens and various valuable NFTs. This comes after the individual previously burned 2,500 ether worth $4.5 million. The motives behind these actions remain unclear, as the individual has not provided any explanation. The burned NFTs include pieces from the Bored Ape Yacht Club, Mutant Ape Yacht Club NFTs, and a Crypto Punk. The total estimated value of the destroyed NFTs is around 122 ether ($225,000). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
tldr; An unknown individual with the ENS identifier nd4.eth has burned $8 million worth of crypto tokens and NFTs, including GMX and GNS tokens and various valuable NFTs. This comes after the individual previously burned 2,500 ether worth $4.5 million. The motives behind these actions remain unclear, as the individual has not provided any explanation. The burned NFTs include pieces from the Bored Ape Yacht Club, Mutant Ape Yacht Club NFTs, and a Crypto Punk. The total estimated value of the destroyed NFTs is around 122 ether ($225,000). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
You don't have to be a VC, no. You just have to grind. You've got to research, you've got to adapt to new info, and you've got to build a network of people. I'll let you in on a secret - nothing in this market is much more than following trends and understanding narratives, at least in the short term. You've got to pay attention to what people are buzzing about on social media. Does that mean run out and buy up the first thing you see people shilling? No, it doesn't. What that means is, for example - last year when perpetual dexes were all the rage, you could have rotated between numerous - GMX, GNS, etc and realized solid profit. All that took is recognizing what the flavor of the week is. In some instances, you're going to be front running the VCs depending on how early you are. The best thing you can do is expand your network. Meet people on Twitter, Telegram, Discord, etc. Form groups, where you are all researching. You will have infinitely more luck in this market when people are paying attention to sectors you might not be. You can't survive in an isolated bubble imo
Would make sense if he doesn't still have about $3.5 million worth of tokens in his wallet. Although those coins (GMX and GNS) are staked and I have no idea if there is an unstaking period for these coins.
The guy has $1.5million in something called GAINS (GNS).
The comments below are so detached from reality that it you can only assume the only things people have seen is either BTC or cumrocketinu69 coin Then again r/cc is the WORST place for any information on crypto as its always 5 years behind. There are hundreds of revenue-generating products and tokens that pay you the revenue of the platform for the services they provide. Theres literally entire sites dedicated for this like [https://defillama.com/fees](https://defillama.com/fees) and [https://tokenterminal.com/terminal/metrics/revenue#data-table](https://tokenterminal.com/terminal/metrics/revenue#data-table) Use DeFillama for more friendly UX and sort by holders revenue. These are all platforms and protocols that pay the user based on ACTUAL usage of their PRODUCT. Not minting tokens out of thin air, not some ponzi stuff, just actual usage and fees collected by people paying to use a service distributed to holders. \- GMX is the most solid example here being a leverage trading exchange on arbitrum. People pay fees to use the exchange and 30% of that gets distributed to holders of GMX. Same thing for GNS, SNX, LVL, and UNIDX on this list. \- Then you have protocols like THENA, VELODROME, CRV which are just normal spot trading DEXs which distribute some of the fees people pay to stakers of the token \- Then you have protocols like CONVEX, AURA, and RADIANT which have paying customers to do a service for them such as automated tasks, loan markets, or staking optimizer services. This whole narrative that anything besides BTC is just a ponzi is just an extremely butt hurt BTC maxi that their precious network cant do anything useful other than be traded on a CEX. Yes 99% of coins are ponzis but that's just a flawed interpretation of the statistic. 99% of stocks are also bullshit and 99% of companies are also bullshit. 99% of people that has started a restaurant has failed if it hasn't lasted more than 3 years. You see how the statistic means nothing? not even 1% of traded volume touches this 99% of ponzi esque projects so I'm not sure why its even brought up. If this was 2017 anyone can easily agree with you but this is what I mean by r/cc is literally 5 years behind because these tools and revenue-sharing products have existed for a very long time now. Anyone saying that crypto doesn't have any value backing its price is pushing a narrative or just completely clueless repeating some comment they read on forbes from 2014.
GNS because it has real yield that can be seen on-chain. Unipilot for the same reason.
I was lucky to be among the first users of the CHNG app years ago. Others on the list will be: - Privacy: SYLO and AZERO - AI: OCEAN and ASTO - Pero DEXs: GMX, GNS, and DyDx VET too was a good buy but I sold off and the above mentioned are my alpha buys, besides both Asto and Sylo play core roles in futureverse.
Ummm… have u followed any of the GME AMC stuff? Haha protections for investors my ass look at GNS heavily manipulated naked short sold stock that is a security but the SEC has nothing to say and hasn’t stopped any of the crime that’s actually happening with securities… instead they go after crypto which legally isn’t anything yet… how about they do their actual job first before worrying about things they don’t know are or are not securities.?
Perp dexes are popping up more and more every day. GMX, KWENTA, DYDX and GNS are all growing all the time as well as a few other newer ones. This trend will likely only accelerate imo.
DyDx, GMX, GNS are your tickers, boys
Mostly ETH, but also some ARB, OP, GNS, GMX, PENDLE and GRAIL.
Just a reminder Gains Network (GNS) doesn’t allow scam wicks from one exchange to set the price.
You can do that onchain via Gains Network. Think it is fairly obvious to do BTC or ETH but GNS also offers stocks.
GNS. Decentralized, capital efficient, no scam wicks. Best place to trade derivatives for both sides.
Not the only token. GNS also has a great run, also leveraged dex on Arbi :)
GNS allows x150 or something like this :D also many crypto pairs, gold, silver, sp500 etc. Also operates on Arbitrum.
I've been getting treated properly by GNS, it's a decentralized perpetual futures platform on Polygon and Arbitrum, basically, it lets you trade EVERYTHING, from crypto to stocks, forex, and ETFs, right from your metamask, and has recently released 1click trading by using proxy wallets. This baby took me back on top of my BTC losses, saw a 700% run from the bottom of the bear, and is currently triying to retest it's ATHs. It's still a small cap, sitting at rank 255 on the rankings, so I wager it's got lots of room to grow, specially during a mania phase when leverage trading is all the rage.
I think that in the next bull run DEXs could play an important role, so I'd consider buying some token like GMX, GNS, CAKE, UNI. What's your thought about those?
Nah man… they had 2X Polygon’s TVL even before the airdrop. Arbitrum just has the best dapps right now. It’s been that way for like a year. GMX, GNS, RDNT, DPX, along with L1 blue chips like AAVE, BAL, UNI, CVX. Arbitrum is just where all the builders are deploying. That could change with more rollups entering the space, but right now Arbitrum is the king of DeFi and it’s not even close.
My longshot is GNS. Gains is a leveraged trading platform on Polygon. The token allows you to claim a portion of trading fees on the platform.
I have to chash out of my alt coin stash to get new windows and a new roof right away (aint cheap, and sadly my stock positions are so red its even worse). I'm not at the bottom anymore but ain't far from it so it hurts, bad.. What do i get into when i start to build back in June? thinking dydx new thing on Cosmos, GNS, and possibly GMX again. Thoughts?
BTC, ETH, GMX, GNS, and depending on how the phone goes, SOL
I’m pretty big on DEX perpetual exchange tokens, they’ve all done pretty well through the bear and I expect it to continue as volatility and volume rises. This would be GMX, DYDX, GNS, LVL, and INJ mainly. They all hold value as they accrue platform fees, I’m sure a couple will rise to the top and sustain a majority of the volume.
Selling my GNS stack way too early
That depends on the sums, if you're not using leverage you'll spend cents in gas for swaps (or no gas at all with 1inch fusion) and dex fees depend on the DEX it routes through, could be anywhere from %0.01 to %0.3 , if you're gonna use Leverage a Perp. Trading protocol on Polygon (GNS) will charge around 10-20 cents in gas per trade and around 0.08% per trade.
There is more than one. GMX is on Arbitrum and Avalanche, GNS on Polygon and Arbitrum, DYDX is on ETH mainnet and building on Cosmos (I don't actually use DYDX so don't quote me on that)
KAS and GNS imho
"real yield". dApps like GMX, GNS, and DYDX... For the uninitiated, protocols enabling leverage trading where the staker becomes the "house" of the casino
Thats why I like using GNS for my leveraged trades, makes you use a stop Loss so you can never lose more than what you put in
Wow, $1.5B in trading volume on Arbitrum is an impressive number that Gains Network has achieved, and recently they added 7 more new Exotic forex pairs trade with a 0.02% fee and up to 500x leverage. The token that is vital to the functioning of the Gaines platform is GNS and can be traded on the MEXC which has been crucial for listing the best projects on the market.
7 billion shib for $100 GNS @ .97 Fantom @ .05 My problem is I sell too early
tldr; A wallet that had been previously engaged in front-running token listings on Binance made another trade, this time purchasing and selling the Gains Network (GNS) token just before listing on the world’s leading exchange. The trader made a profit of more than $100,000 by purchasing a GNS token just a few minutes before it was listed on the exchange. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
$GNS, discovered it when it was called GFARM on day 2.
Gains Network has not only crossed $1.5B in trading volume on Arbitrum, but its native token GNS is also listed on top exchanges like MEXC and Binance, providing more liquidity and accessibility for users to participate in the growing DeFi ecosystem.
tldr; An unidentified trader made more than $100,000 in profit after buying a token just minutes before it was listed on Binance. The trader bought $208,335 worth of Gains Network (GNS) tokens just 30 minutes before Binance listed the token on its global exchange. GNS shot up about 51% right after the listing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
>”Following the listing, GNS increased by 51%, from $7.92 to $12.01, and the trader sold their GNS holdings for a profit of $106,747, a flip made in just under one hour.” I’d still be holding waiting for it to hit $20
**Short summary of the article** For those who don’t know what frontrunning is: > In the context of crypto exchanges, front running can occur when a trader or an exchange employee uses confidential information about a customer’s trade to place their own trade before the customer’s trade is executed, which can result in a profit at the expense of the customer. What actually happened: > According to analysis by Lookonchain, the crypto trader, whose identity remains unknown, made a profit of more than $100,000 by purchasing a token just a few minutes before it was listed on Binance. The on-chain sleuth found that just before being listed on Binance, a trader bought Gains Network (GNS) tokens worth $208,335 just 30 minutes prior. Following the listing, GNS increased by 51%, from $7.92 to $12.01, and the trader sold their GNS holdings for a profit of $106,747, a flip made in just under one hour. Binance/CZ’s responds: > “We try not to tell project teams when they will be listed on Binance to the point where we can. But when we have those kind of discussions, sometimes the project teams do know that, okay, we integrated the wallet already, so we’re probably pretty close to listing or launch or something. And then the news, the news sometimes leaks on the project side. So we want to prevent that as much as possible. It’s not 100%, but I think we do a better job than most other exchanges.” **What do you guys think?** This is clearly not luck in my opinion…
tldr; A wallet that had been previously engaged in front-running token listings on Binance made another trade, this time purchasing and selling the Gains Network (GNS) token just before listing on the world’s leading exchange. The trader, whose identity remains unknown, made a profit of more than $100,000 by purchasing a token just a few minutes before it was listed. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
>Gains Network developed gTrade, a decentralized trading platform that offers leverage trading up to 150x on crypto assets, 1,000x on forex, 100x on stocks, and 35x on indices. GNS is the project’s Ethereum (ETH)-based utility token. That's one hell of a degen platform. No wonder gamblers are buying bags of this coin on Binance.
tldr: GNS was launched on Binance and increased in price. I am following GNS vor a few months since it was mentioned here on this sub as a smaller alternative to GMX, also with a revenue share model. Did not invest, I believe my reason was that I could not find much about their team. Apparently big mistake, could have done an easy 4x since then 🥲
$GLQ Graphlinq. $GNS Gains network. I see a lot of shills of Alts from the last cycle, sounds more like people bag holding hoping they'll catch on again in the next bullrun. The real potential is in new alts that are good projects during the next narrative e.g. AI and defi trading.
I had 97k GNS tokens, sold most at < $1. Having a look at the charts is just hurting me.
tldr; An unidentified trader made over $100,000 in profit after buying a token just minutes before it was listed on Binance. The trader purchased $208,335 worth of Gains Network (GNS) tokens just 30 minutes before Binance listed the token on its global exchange. GNS soared some 51% just after the listing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
hahaha, by the way, I believe GNS offers 150x margin, in case you wanna max out that leverage bar to the furthest right
tldr; Two addresses made over $200,000 from Gains Network’s token sales after it was listed on Binance. One wallet accumulated $500,000 worth of GNS at an average price of $7.38. The transactions have drawn various reactions from community members who alleged that the traders had inside information. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
tl:dr A trader bought $208,000 worth of Gains Network (GNS) tokens before it was listed on Binance, and made a profit of $106,000 by selling them on the same exchange after the price surged. There are concerns that the trader may have engaged in frontrunning, which could be due to insider information or a leak in the exchange's API. Binance's policy restricts its employees from short-term trading, and the company did not comment on the matter.
GNS and GMX are up only in just about every metric.
LOL, I was about to say the same thing. It's funny how some people believe they can predict the cryptocurrency market. and then tend to convince others to hold off on purchasing until the ideal time. Waiting for the ideal moment could cause me to lose a shitload of money in the name of prediction, especially with initiatives like SOLVE ALBT and GNS that have promising potential and strong fundamentals. Don't make me laugh, please. The time to buy is now.
GNS (a fork of GMX?) offers 150x leverage. I wonder why may cause a casino operator to blow up?
BNB, ETH, SOL, DOGE, and MATIC are my recommendations for 5 cryptocurrencies that will make you wealthy. ALBT and GNS also appear promising in light of their background and influence in the crypto space.
$GNS gains is such a solid performer.. wish i had free funds to invest! Although it always seems like its at a peak, it just keeps climbing.
Derivatives protocols like GMX, DYDX and GNS. Or, if an actual good game is released that either has a utility token or the L1 token it's hosted on. NFA
Keep a close eye on GNS because its everlasting trading platform is grabbing attention. Despite current FUD surrounding them, ALBT is also having a substantial influence. These are two possible initiatives that are promising.