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B (Da Viking) Profile picture
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Mar 11 • 9 tweets • 6 min read
Just a few months ago, the narrative the media was peddling was that #Binance was "insolvent". 🧵

Meanwhile, two US banks just collapsed in a week in what is regarded as the second largest bank failure in U.S. history.

How is Binance faring? The numbers will surprise you!
1. Binance Reserves

Contrary to the extreme FUD at the time, #Binance survived one of the biggest "stress tests" any financial institution has ever faced, relatively speaking -- processing over $10 billion in withdrawals in mere days.

More importantly, data shows that #Binance's reserves have since grown by a massive $9.59 billion.

At the time, there was $55.72 billion in the Binance reserves. Now, there is $65.31 billion in Binance reserves.

2. Binance Market Share

It isn't just Binance's reserves that have grown, it's market share has grown as well.

Third party data shows that #Binance's market share has grown for four consecutive months. Furthermore, Binance's spot volume has increased by 13.7% to $504 billion.
The fact that #Binance is growing this massively during one of the worst bear markets ever, when it is arguably the most fudded organization on earth, speaks volume!

Binance has been stress tested, and it has proven itself. Trust in the #Binance brand is at an all time high!
3. BNB Chain

The growing trust in #Binance, despite the FUD and attacks, extends to all aspects of the Binance ecosystem.

A notable example is the #BNB chain...
Data from @Coin98Analytics shows that #BNBchain is the most used blockchain in the world.

In fact, the BNB chain has almost the same number of daily active users as the three next most used blockchains: BTC, ETH, and Polygon. These aren't small blockchains either. Impressive!
4. Bank Collapses

Two major US banks have collapsed this week. More are on the brink!



These banks haven't been subjected to half the pressure #Binance has been subjected to -- especially coordinated FUD.

Meanwhile, Binance continues to grow stronger!
In Conclusion

If you were to believe the media, #Binance would be gone by now. Yet, it has only grown stronger due to its strong fundamentals.

Meanwhile, major banks that have escaped media scrutiny are collapsing!

Do with this information what you will!

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More from @100bviking

B (Da Viking) Profile picture
Dec 23, 2022
Is #BNB going to ZERO? Very important facts you should know 🧵

I see a lot of coordinated BNB FUD lately. What are the facts?

This 🧵 looks at:

- BNB vs FTT. Are they similar?
- BNB being an “exchange token”.
- The BNB Smart Chain.
- The BNB in #Binance reserves.

Read on 👇
The #BNB FUD looks coordinated for a couple reasons:

They are being pushed by the same accounts pushing the #Binance FUD which I already debunked here:


They are all comparing BNB to FTT. That’s either ignorant or intentional fearmongering, or both.
The basic narrative being driven by BNB fudders is that “Binance is insolvent” (all indications show that this isn’t true and Binance is a very strong exchange) and that BNB will crash just like FTT since it is just the Binance exchange token.

Except BNB is NOT like FTT...
Read 33 tweets
B (Da Viking) Profile picture
Dec 17, 2022
Is Binance insolvent? Four critical facts about the current #Binance FUD

This 🧵looks at:

1. The Mazars FUD.
2. Claims of a Binance bank run/insolvency.
3. @cz_binance’s $2.1 billion FTT statement on CNBC.
4. BUSD.

These seem to be the major FUD angles. So what are the facts?
1. Mazars FUD.

Mazars stopped ALL crypto audits, not just Binance.

Mazars audited Crypto.com, Kucoin, and Binance. They removed their audits of ALL of these exchanges.

That's a Mazars problem. Attempts to make it look like a Binance problem reeks of desperation.
Mazars could have stopped *crypto audits* because they felt it was too risky for them, which is understandable in this climate.

TradFi companies are increasingly wary of crypto since the FTX implosion.

For example, banks have started banning accounts of crypto users.
Read 19 tweets
B (Da Viking) Profile picture
Jan 7, 2022
The #FLOKI Ecosystem: The Bullish Case (a thread)

This thread looks at exactly what the #FLOKI ecosystem is and what it means for the future of $FLOKI token.
To understand just how important the #FLOKI ecosystem is, we need to first look at the projects FLOKI tend to be most commonly compared to:

- $DOGE: $21 billion market cap
- $SHIB: $16 billion market cap

The above 2 projects complete the "memecoin trilogy" with $FLOKI.
So exactly how does $FLOKI compare to $DOGE and $SHIB in view of the ecosystem being built -- especially considering that both are valued at least 20x more?

Let's start with #DOGE:

- $DOGE's only utility is as a currency and that's it -- which isn't necessarily a bad thing.
Read 24 tweets
B (Da Viking) Profile picture
Dec 14, 2021
The Metaverse Case for #FLOKI -- and Why it is Significantly Undervalued (a thread!)

The #Metaverse industry is projected to be a $1 trillion industry according to crypto giant Grayscale.

This thread looks at the Metaverse trend and what it means for #FLOKI as a cryptocurrency.
I’ll start with the disclaimers:

1. This is not financial/investment advice.
2. I'm a core team member at $FLOKI and actively involved with the project.

Let’s start by looking at the Metaverse trend…
Facts and data:

- The #Metaverse industry is a $1 trillion annual revenue opportunity according to Grayscale!

- Metaverse games will benefit mostly from this growth - with a projected annual revenue of $400 billion by 2025.

- #FLOKI is building a Metaverse game named VALHALLA.
Read 18 tweets
B (Da Viking) Profile picture
May 24, 2021
Hathor / $HTR is everything you want $ETH to be -- but much more! (a thread)

Transactions are near instant, there are zero fees, and you can create tokens with just a few clicks.

In this thread, I make a bullish case for $HTR and explain why I think it can do 100x or more.
1/ Let’s start by taking a look at what Hathor is:

Hathor is a decentralized and highly scalable blockchain that enables near instant, feeless, and secure transactions.

Now, that’s putting it simply.
2/ If we compare $HTR to $ETH (currently the most used blockchain) $HTR has a few advantages:

- Transactions on $HTR are free compared to $10 - $100 per transaction on $ETH.
- Transactions on $HTR settle in seconds compared to minutes/hours on $ETH depending on congestion.
Read 36 tweets
B (Da Viking) Profile picture
May 15, 2021
CardStarter / $CARDS -- The Launchpad Defining the Future of $ADA (a thread)

Okay, let me start by saying this:

CARDS is that rocket that only goes up -- it is that one GEM that I feel so bad about not sharing early enough.

Here’s why:
1/ I got in $CARDS immediately after listing at an average price of about $1.4.

I didn’t share $CARDS then because the team was anonymous at the time (and I’ve been burnt by a few anonymous projects leading to that period).
2/ In fact, I’d have invested a lot more in $CARDS if I knew it will be this big.

It quickly shot up and ranged around $4 - $6 for a while; partnerships kept coming in and I felt more confident in my investment, but I did not share because I felt it had pumped already.
Read 29 tweets

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