The entire crypto industry should UNITE against the SEC's latest attack against Binance (🧵)

The SEC's complaint accuses @cz_binance, #Binance, and affiliates of offering unregistered securities.

MAKE NO MISTAKE:

This is an attack against the ENTIRE crypto industry. The SEC labeled $BNB, $BUSD, $SOL, $ADA, $MATIC, $FIL, $ATOM, $SAND, $MANA, $ALGO, $AXS, and $COTI as "unregistered securities".

This claim is problematic!

Several regulatory bodies, both in and outside of the US, have established that several of these assets aren't securities.

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.

https://twitter.com/100bviking/status/1604138120022204417

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:

https://twitter.com/100bviking/status/1604138086551756804

They are all comparing BNB to FTT. That’s either ignorant or intentional fearmongering, or both.

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.

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.

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…

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.

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).

I posted a more detailed update about the whole Elon/Vitalik stuff -- and when I'll be buying $TRU dips (hint: NOT now) on my TG:

t.me/trugems

Since I can't find a way to copy the message here, I'll make it a thread.

So here goes: 1/ First of all, if you're not in the TG group it might be a good idea to join -- I won't always copy paste messages I post there here on Twitter like I'm doing now.

So:

1/ I'm humbled and honored by the love towards my $TRU thread.

It's been read 350,000 times in about 14 hours since it was published.

I'm humbled and honored. Thanks y'all!

I continue to research $TRU and will certainly be sharing any noteworthy information I come across.

https://twitter.com/youngprepro/status/1388642390932664323

2/ One of the main questions I've gotten is if $TRU is a good buy now.

My answer:

I saw $TRU first at $0.14 and ignored, bought at about $0.30 and called it here then:

https://twitter.com/youngprepro/status/1388282098247680002

I just bought more today at $0.98.

I think I got a sweet deal, too!

I just got into Rentible / $RNB.

Rentible aims to be a kind of blockchain-based #AirBNB.

I HAVEN'T researched this yet, but I put in some change because:

- It has fully public and legitimate teams.
- It's a SOLID concept that could run very hard.
- Reports liquidity is locked I have NOT verified that liquidity is locked.

However, I got some tokens around $.8 as this just listed.

The token price is around $.97 when I posted my first tweet about it.

I'll certainly be looking into this and posting a thread tomorrow if I like what I see.

I just loaded up on Truebit / $TRU -- an $ETH L2 solution that I think will be among the top 100 crypto projects in the not-so-distant future.

Truebit's whitepaper was written by Christian Reitwiessner -- creator of the solidity programming language.

But it doesn't end there... While $TRU was still a struggling academic concept, the founders of $OCEAN actually worked with the $TRU team to help make it a reality.

It is also reportedly backed by #Coinbase!

AND...

It is JUST around $10 million market cap right now!!!