FameEX Biweekly | Ride the Crypto Wave And Dive into FameEX for Emerging Crypto! (Issue 1, February 2024)

Overview:

Catch up the highlights from February 1 to February 29, 2024. In the past month, the cryptocurrency market has seen a comprehensive recovery. To embrace the upcoming wave of new cryptocurrencies, FameEX has selected the top-tier tokens for global users, aiming to create more investment opportunities under low-risk trading conditions. At the same time, FameEX has prepared heavyweight events such as token airdrops and reward programs. For more details, check out this issue of FameEX Biweekly and embark on a new era of earning coins with FameEX!

Crypto World News

FameEX Hot Topics | OpenAI’s Market Value Reportedly Skyrockets to $80 Billion Following Recent Transaction

OpenAI, the San Francisco-based artificial intelligence company, has seen its valuation soar to $80 billion or more following a recent deal, a substantial increase from its valuation less than 10 months ago.

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Nvidia Exceeds Tesla as the Most-Traded Stock with a 265% Surge in AI Revenue

Nvidia has recently made headlines by becoming the most-traded stock on Wall Street in the United States, surpassing the trading volumes of Elon Musk’s Tesla over the past 30 trading sessions. This noteworthy development highlights Nvidia’s substantial growth and its influential role in the technology sector, especially within the artificial intelligence (AI) domain.

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Vitalik Buterin: AI May Be Able to Address Ethereum’s Vulnerabilities within Ethereum’s Codebase

Vitalik Buterin, one of the co-founders of Ethereum, recently expressed his optimism regarding the AI potential in identifying and addressing vulnerabilities within Ethereum’s codebase.

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Early Predictions Highlight March 13 as the Launch Date for Ethereum’s DenCun Mainnet Upgrade

According to Barnabas Busa, an Ethereum Foundation Development Operations Engineer, the shadow fork will trigger the next phase of the upgrade process. Upon successful evaluation, official announcements will be made through Ethereum Foundation (EF) blog posts, detailing the mainnet activation date for the Dencun upgrade, currently slated for March 13. It marks another significant milestone in Ethereum’s ongoing evolution.

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Robert Kiyosaki Issues Dire Prediction: Global Economic Downturn Looming, Soft Landing Unlikely

Kiyosaki’s advocacy for Bitcoin, gold, and silver is rooted in his belief that these assets can protect against what he views as theft by the Federal Reserve (Fed), the Biden administration, and Wall Street bankers. With his prediction that Bitcoin could reach $150,000, he highlights the significance of the upcoming Bitcoin halving, urging investors to remain vigilant and consider these assets as critical tools for financial safety in turbulent times.

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“Wolf Of All Streets” Predicts Bitcoin Halving Could Propel BTC to $240,000

Scott Melker, renowned as the “Wolf Of All Streets”, has shared his insights on why the upcoming Bitcoin halving event could propel the cryptocurrency’s price to $240,000. In a recent article in the Wall Street Journal, he explained the reasoning behind this prediction.

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Powell of the Fed Warns That Growing Debt Puts US on an 'Unsustainable Fiscal Trajectory'

The Fed Chairman Jerome Powell, in a revealing February 4 interview, has issued a stark warning that the United States is navigating an “unsustainable fiscal path”, with the nation’s debt expanding at a pace that eclipses economic growth. He emphasized the urgency for U.S. policymakers to engage in serious discussions aimed at curbing the escalating debt levels. He pointed out that the trajectory of U.S. fiscal policy, characterized by a widening gap between debt accumulation and economic expansion, signals a troubling future.

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FameEX Updates

Platform Events

1. Deposit to Share the $38,000 Prize Pool. FameEX launched the “February Delights at FameEX: Join to Share a $38,000 Prize Pool Event” from February 2, 2024 to February 8, 2024. Everyone can participate through sign-in, deposit, futures trading, etc. A total of 10,568 users signed up for the event, and all rewards for the winners have been distributed.

View Winning Announcement

2. New ListingBIBI Token Airdrop Event. During the period from February 2, 2024, to February 8, 2024, in celebration of the launch of the BIBI token and as a gesture of gratitude to platform users, FameEX launched the “FameEX New Listing BIBI Coin (BIBI): Join to Share 14,000 USDT” event. A total of 8,568 users participated in the event, and all rewards for the winners have been distributed.

View Winning Announcement

3. FameEX Global Affiliate Upgrade. On February 20, 2024, the FameEX Global Affiliate Program underwent a comprehensive upgrade. This upgrade included adjustments to default commission rates, modifications to the affiliate assessment mechanism and criteria, as well as supplementary explanations of other rules. The following is the specific announcement for this event.

View Announcement

4. FameEX Trading Gala Event. The FameEX platform launched the “Join the FameEX Trading Gala to Win 66,000 USDT in Prize Pool” event during the period from February 25 to March 2, 2024. Everyone can participate through deposit tasks, spot trading, and futures trading, and share corresponding rewards. The following is the platform's event announcement.

View Announcement

New Listing

Six new tokens were listed on the FameEX platform during the period.

◆ BIBI (BIBI): BIBI/USDT was listed in the spot trading zone on February 5, 2024.

◆ Altlayer (ALT): ALT/USDT was listed in the spot trading zone on February 6, 2024.

◆ Ondo (ONDO): ONDO/USDT was listed in the spot trading zone on February 6, 2024.

◆ Manta Network (MANTA)：MANTA/USDT was listed in the spot trading zone on February 7, 2024.

◆ Jupiter (JUP)：JUP/USDT was listed in the spot trading zone on February 7, 2024.

◆ Xpet Tech (XPET)：XPET/USDT was listed in the spot trading zone on February 8, 2024.

Trading Volume

◆ The FameEX platform ranked 51 on CoinMarketCap on February 29, with a 24-hour trading volume of $903,126,830, average liquidity of 585, and an average weekly visit count of 581,113 . (Data source: CoinMarketCap)

◆ As of February 29, the total assets in the risk reserve wallet amount to5,243,239 USDT. It is updated daily and can be viewed HERE in real-time.

Feature Upgrades

1. APP Function Updates and Optimization. On February 21, the Android version and iOS enterprise package of FameEX have officially gone live, with the following main updates: 

◆ Adjusted the functional structure, interaction, and style of the APP homepage.

◆ Optimized the style of the login and registration on the APP and adjusted the style and process of facial/fingerprint/gesture login.

◆ Enhanced the article loading experience on the APP.

◆ Added detailed rules for the Referral & Affiliate function and an entry for senior affiliate applications.

Project Information

Project Research

FameEX Research Institute released the latest reports:Black Phoenix (BPX), Port3 Network (PORT3),Troll (TROLL),Vechain (VET), and PUTinCoin (PUT).

FameEX Official Community

1. X (formerly Twitter): 100.9K Followers. Link: https://twitter.com/FameexGlobal 

2. Chinese X:8.78K Followers. Link: https://twitter.com/FameEXzh 

3. YouTube:1,740 Subscribers. Link:https://www.youtube.com/c/FAMEEX 

4. Telegram (Global):147,412 Members. Link:https://t.me/fameexgroup 

5. Discord:7,420 Members. Link: https://discord.gg/V8yvKPxVCk 

Thanks for reading this report of FameEX Biweekly. Stay engaged with our official social media, and your voice matters to us!