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Tekedia Capital Members: Best Wishes for 2023 – Happy New Year and Thank you!

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Dear Friends

It is beautiful – leaving the bounds of 2022 to leap into the blessings which 2023 has in stock for all. The sun has risen on the horizon as the songs of the happy crickets fade, and the flowers blossom, awakened by the fresh energy from the eastern corridor .

The happy birds are out, in ecstasy, and men and women, look with fresh imaginations, aspirations and resolutions, for the promises ahead. A new day, bringing a new year, has broken. Happy New Year!

The year 2023 will bring abundance to you, your families and your associates. Like the baobab tree, abundance unconstrained, on health, wealth and wisdom.

Welcome to 2023 – we sincerely appreciate your partnership. You have created jobs, you have solved frictions in communities, and you have made the world a better place through innovations. Thank you and Happy New Year.

Sincerely,

Ndubuisi for Tekedia Capital

Justin Sun Movement of Assets across Chains might Trigger Stablecoins Depegging

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It’s more likely that Justin simply withdrew $200M that he was Liquidity Providing versus borrowed the funds, as the JustLend dashboard shows only $6M borrowings.

Seems to be a pattern that he’d rather redeem USDC than USDT. Justin Borrowed 200M USDT from JustLend which he later collateralized via TRX, Sent 200M USDT to Binance, Chain swapped to ETH and withdrew, Swapped to USDC on 1inch, Cashed out 100m USD.

On chain analysis indicates, Justin Sun paid ~$15k+ in slippage to swap and cash out $100M via USDC/Circle instead of simply redeeming via Tether on Tron.

Besides the fees, this entailed multiple transfers, a CEX deposit, and a chain swap. Not sure why he went through the hassle. Seen quite a few of these where he dumps big bags of USDT in defi pools and sends USDC to Circle, on ETH at least— haven’t checked if he redeems Tron USDT.

Justin Sun used a token that he controls as collateral for the basis of this loan. How many other loans does he have set up like this? This sounds awfully familiar. This certainly could not have any negative consequences, I guess when you are really rich you just make your own blockchain, your own lending protocols, the whole infrastructure, then you become the main user.

Apparently, 110k $APE ($390k) was sent to Binance six days ago. Address 0x5d844a received 104k $APE 7 months ago and has been using them for staking for the last weeks, six days ago he transferred all available $APE to Binance via an intermediate address.

Address 0xbb2265 withdrawn 161k $APE ($576k) from the staking smart contract. Afterwards, these coins were transferred to giant whale address 0x307412, Its total wealth is $129M, of which $77M is held in ERC20 tokens. 4.5M $APE ($16M) has been transferred from address 0xf16bf1 to 0x3FD358.

26 days ago this 4.5M $APE was transferred from APE Treasury Wallet and has been moving from wallet to wallet for the past weeks. Justin has deposited/redeemed 62 times to Circle (USDC) for billions of dollars, while has just 5 withdrawals to Bitfinex/Tether.

It could simply come down to economics- USDC redeems could be cheaper than USDT redeems for Justin, and thus worth the additional steps/hassle + slippage. It would cost Justin $1K in fees to redeem that much via Tether. He is paying more in fees because he knows Tether doesn’t have the fiat for redemption.

Here’s a question to see if you have good faith answering: Why is USDT treated differently than other stablecoins at FTX? Why USDT doesn’t redeem 1:1.

Brett Harrison, who previously works with Bankrupt FTX said;

they’re different because there are fees to create/redeem USDT, while there are no fees to create/redeem the others (including at large sizes).

Wonder if this dynamic is the reason why USDT market cap has held up so strongly and why tether hasn’t really been seriously tested by redemptions. So long as USDT is near peg, it’s cheaper for people to swap to USDC/other stables, versus pay the 0.1% to redeem.

Federal-reserve will learn from here how to inflate, populate CBDCs and yet it’s legal across all stakeholders. The fact you can leverage loans against literal shitcoins is baffling to me, imagine willingly being on the other end of that loan.

Big Eyes Coin And Four Other Cryptos On The Rise This Christmas

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Since the cryptocurrency industry offers better returns than traditional investment avenues, the majority of people interested in cryptocurrencies want to invest in tokens and make good returns. Investors want to select better choices when choosing a crypto, to create a strong and secure income stream because the traditional investment systems have failed to provide fair returns and the economic slowdown is getting worse.

People are seeking to enhance all aspects of the financial industry thanks to blockchain and the new DeFi systems that made it possible. The term “decentralized finance,” or “DeFi” as it is more commonly known, refers to an open, global financial system designed for digital assets. It is offered ideologically as a replacement for the current system, which is rigid, biased, and held together by antiquated practices and procedures.

However, there are always losers and winners in a free market who rise and fall in accordance with consumer demand. The utility that top performers provide to their users and investors serves as their foundation for success. In this article, we will discuss how these five cryptocurrencies, Big Eyes Coin (BIG), Cardano (ADA), Ethereum (ETH), Chainlink (LINK), and Decentraland (MANA, are setting the pace in the industry.

Cardano (ADA) – The Popular Platform

Cardano (ADA) is a blockchain technology that aims to make transactions more secure, scalable, and efficient. On top of that, it’s an open-source platform that enables developers to create decentralized applications. The platform’s fees are paid with ADA, the native currency of Cardano, which is a trustworthy and secure payment method.

The goals of this project, on the other hand, aren’t doable soon. Once its Africa project picks up steam, I anticipate Cardano to experience large price increases. To make the initiative a reality, additional effort must be done locally and more details regarding Cardano’s objectives in Africa are needed.

Due to its focus on Africa, Cardano is still enticing to investors. But given how little is done to put these goals into action, in my opinion, it is more of a public relations effort. Nevertheless, this initiative has a good reputation, and I have no reason to believe that it will eventually succeed.

Ethereum (ETH) – The Largest Altcoin

Ethereum (ETH) is a top-ranked cryptocurrency. A decentralized open-source blockchain platform called ETH exists. It is one of the top-ranked coins in the cryptocurrency market, has its own cryptocurrency, and acts as a support system for several other cryptocurrencies.

The goal of ETH is to promote worldwide decentralization. It strives to remove all obstacles so that its users can easily build software. The coin is among the top 2 according to CoinMarketCap. In comparison to its all-time high, which was $4891.70 in November 2021, it currently costs between $1,000 and $1,500. Its market capitalization is under $160 billion.

 What is Big Eyes Coin (BIG)?

Big Eyes Coin (BIG) is a new trending meme currency that features a cat as its mascot. However, there are opportunities to tie the BIG into the portion about real life. For example, the film industry, in collaboration with the BIG developers, wishes to make films and comic books in the future for the amusement of its community.

The seventh phase of BIG’s presale adventure is currently ongoing. You still have access to about 6 billion tokens on the platform. BIG is available at the pitiful price of 2857.14 tokens per USDT. The tokens can be readily purchased by visiting the BIG presale website. Connect your wallet, choose how many tokens you want, and then pay for them.

Chainlink (LINK) -Linking Blockchains together

Chainlink (LINK) is an oracle system that links smart contracts with real-world data. Its native currency, LINK, is used to pay fees on the platform and is intended to provide a safe and dependable mechanism to link off-chain data to smart contracts.

There are constantly new applications for the blockchain that calls for the input of real-world data into the blockchain. This task is made simple and is compatible with Ethereum via the Chainlink project. LINK is undoubtedly a riskier investment. It is still crucial, but it depends more on predictions for the future. Chainlink is used by several well-known crypto brands to display blockchain statistics and provide pricing feeds. As a result, it will continue to be pertinent and link to the larger cryptocurrency market.

Decentraland (MANA) – The Profitable Crypto

Decentraland (MANA), another significant market participant in the Metaverse industry, is comparable to The Sandbox. Decentraland, a more recent cryptocurrency, was introduced in 2020 and soon achieved great success. MANA is now placed 55th in terms of market capitalization.

Decentraland is a virtual reality network that enables users to produce and monetize content and is powered by the Ethereum blockchain. Users can buy land parcels so they can start building and making money. Decentraland (MANA), one of the largest crypto initiatives in the Metaverse, has had a significant impact on the market. The price of Decentraland is currently US$0.3859, and its 24-hour trading volume is $34.6 M.

In addition the team behind Big Eyes Coin (BIG) is doing a bonus tokens giveaway. To benefit from the giveaway use the code: Ocean853 when buying BIG tokens.

To find out more about Big Eyes Coin (BIG), visit the links below:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Big Eyes Coin And Near Protocol: Two Cryptocurrencies That Can Help You Achieve Your Financial Goals In The New Year

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It’s good practice to set a financial target at the beginning of every year, even during the year. Only a few things come close to the joy of smashing your target, and you can feel this joy in the coming year as a crypto investor. All it takes is identifying great crypto assets with high financial prospects, applying the necessary risk reduction strategies, and hoping they come good.

You can consider Big Eyes Coin (BIG) and Near Protocol (NEAR) while searching for cryptocurrencies with promising prospects. The altcoins are equipped with features that can make them succeed in a favourable market, and having them in your crypto holdings boost your chances of reaching your financial target for 2023.

Near Protocol – Create Without Limits

Near Protocol (NEAR) is a blockchain protocol for entrepreneurs and developers to build useful digital applications, dApps, and other infrastructures with great benefits. It is user-friendly, interoperable, and utilizes Nightshade to ensure it remains highly scalable. The Near Protocol hosts top dApps, DAOs, and other crypto projects. Digital creators and blockchain developers enjoy Near Protocol’s hitch-free and high-efficiency nature. Its effort to simplify blockchain usage with no special knowledge or skills required has improved its adoption, positioning it for increased growth and prominence.

Near Protocol’s Erc-20 utility token could be a great crypto asset for investors, apart from playing vital roles in the protocol. NEAR’s profitability was high in the previous year, boosting from around $0.5 all-time low to a peak price of about $20.42. NEAR isn’t incapable of experiencing such a great increase in the coming year, as it hopes to recover from the price dump that has seen it fall in price.

Big Eyes Coin – The Upcoming Crypto Cat

Big Eyes Coin’s (BIG) multiple applications in various crypto spaces make it fit different descriptions. You won’t be wrong to call it a DeFi token, an NFT token, or a meme coin. Ideally, Big Eyes will launch as a meme coin with added utilities in these spaces. The crypto project will see the DeFi ecosystem improve in adoption and wealth. It will achieve this by being an easy means of accessing DeFi and providing resources individuals can leverage to gain more insight into DeFi.

Big Eyes Coin ecosystem is built on the Ethereum blockchain and will feature the Big Eyes Swap, an exchange for swapping different crypto assets for the Big Eyes Coin (BIG) or vice versa. The platform will host growth-enhancing events and have beneficial content users can benefit from leveraging Big Eyes NFTs collections. The NFTs collection will be a valuable set of cute cats billed to increase in worth and become a top project in the NFTs market. Users can trade their NFTs for cash in the platform’s marketplace. Other digital items or collectables are also traded there.

Big Eyes Coin is used to pay for transactions in Big Eyes Swap and the marketplace. It is also responsible for rewarding users and community members and plays a role in keeping the ecosystem functioning. Big Eyes is community-focused, and it will make conscious efforts toward community growth and expansion. The crypto project will channel charity funds to preserve aquatic lives through ocean protection. It will equally put more effort into donating to charities to ensure Big Eyes Coin remains in your face and mind for a long.

Big Eyes have the most per cent of its total supply on presale, indicating it’s a community token. Market predictors believe Big Eyes Coin’s progression in the coming year could be very high. Taking advantage of its large volume of presale tokens should be a no-brainer. The presale tokens are almost selling out, which is why you should act fast.

 

For More Information On Big Eyes Coin (BIG), Click The Links Below:

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

YouTube: https://www.youtube.com/watch?v=TDRr9KhHQRw

Promotional Code: Ocean720

Six Cryptocurrencies To Buy This Christmas: Big Eyes Coin Presale Gains Massive Attention

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Starting off in the crypto market could be difficult, especially considering the large number of cryptocurrencies available to choose to from. On the other hand, investing in well-known cryptocurrencies may be advantageous because they typically have diverse community support and productive use cases that set the stage for future growth.

The use of cryptocurrencies is expanding. Six of the most well-liked trending cryptocurrencies right now are Big Eyes Coin (BIG), Polygon (MATIC), Zcash (ZEC), Polkadot (DOT), Quant (QNT), and Dogeliens (DOGET), and for good cause too! For investors, these tokens can offer significant advantages. It’s time to invest in cryptocurrencies if you’ve been considering doing so. This article analyses the most successful cryptocurrencies on the market today, describing their qualities and why they are so profitable.

Big Eyes Coin (BIG)

Big Eyes (BIG) is an adorable cat who has a brilliant idea. The cat is motivated to protect the waters. Big Eyes Coin nearly drowned a few years ago, tipped over while sailing a yacht around the world. Thankfully, a humpback whale discovered BIG and brought it to shore. Later, when visiting Japan, Big Eyes Coin concluded that it needed to do everything it could to protect the waters. BIG adores seafood, and cats must eat. Each transaction will have a portion cut off and kept in a charity wallet. The software will also transfer users’ funds into the ecosystem for decentralized finance (DeFi), providing an additional benefit.

Big Eyes Coin has had an especially successful presale so far, having raised over $11 million.

 <<<<<<Join Big Eyes Presale>>>>>

Polygon (MATIC)

Polygon (MATIC) is an Ethereum layer-2 scaling solution platform. Polygon SDK enables users to create numerous apps. They can also build stand-alone chains, Optimistic and ZK rollup chains, and a variety of other networks. It turned Ethereum into a multichain system with excellent governance powers and security.

It intends to address the scalability issues the blockchain faces by serving as the layer-2 scaling solution. The scalability of blockchain platforms and the execution of autonomous smart contracts are both made possible by the Plasma Framework as proof-of-stake blockchains for MATIC. By CoinMarketCap, MATIC is one of the top 15 coins.

Website: https://polygon.technology/

Zcash (ZEC)

Zcash (ZEC) was created in 2016 in a bid to ease some of the issues within the blockchain ecosystem.  The Zooko Wilcox-led Zcash company created its cryptocurrency in 2014 on the Bitcoin platform. They produced a blockchain fork intending to enhance Bitcoin’s security and privacy. Zerocoin was the original name of Zcash, which was then changed to Zerocash before being finalized as Zcash.

Tokenized as “ZEC,” Zcash’s main objective is to safeguard the anonymity of its numerous users while they utilize the cryptocurrency. The privacy features of Zcash (ZEC) are comparable to those of conventional payment methods like credit and debit cards. Transactions on Zcash continue to be open and speedy.

Website: https://z.cash/

Source: Unsplash

Polkadot (DOT)

Polkadot (DOT) is a smart contract network that enables the development of interoperable and linked blockchain protocols. Blockchain ecosystems can all collaborate and interact with one another using Polkadot (DOT). Before reaching its all-time high in 2021, Polkadot (DOT) saw rapid growth; however, after that time, development activity peaked about 2022. Polkadot (DOT) token prices fell from $55 to $5.29 as of this writing as a result of investors selling their holdings in large quantities.

Website: https://polkadot.network/

Quant (QNT)

Quant (QNT) is a blockchain-based decentralized initiative that serves as the network’s operating system. It thinks of itself as the first operating system ever, similar to iOS and Android.

It makes it simple for users to create dApps. One of the most pressing challenges for this network is Blockchain Interconnectivity, which is the core goal of QNT. Developers can simultaneously design and deploy their apps over several networks. These turn into multi-chain applications supported by the ecosystem of Quant (QNT). With a trading price of about $119 per token, QNT does have a maximum supply of 14.61 million coins.

Website: https://quant.network/

Dogeliens (DOGET)

As a revolutionary meme currency, DOGET’s strategy is to condense well-known memes like Dogecoin and the fundamental structure of Shiba Inus into a practical and environmentally conscious winter coat. At its core, Dogeliens is a platform with an emphasis on peer-to-peer gaming and education. DOGET is now trading at $ 0.000252, with a 24-hour transaction volume of $ 853.00, and a market capitalization of $1.99M.

Website: https://dogeliens.io/

For bonus tokens use code Ocean308

Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL