Fezoo’s presale has emerged as a beacon of opportunity, drawing increasing attention from investors entrenched in the Tether and Uniswap communities. As the broader cryptocurrency market navigates through fluctuations, Fezoo’s allure intensifies, promising potential returns of up to 25 times amidst Bitcoin’s recent decline.
Recent events within the cryptocurrency sphere underscore the volatility and challenges faced by prominent players like Tether and Uniswap. Meanwhile, a lot of crypto enthusiasts are rushing to grab their slots in the Fezoo presale while the opportunity is still available so that they don’t miss out on future substantial returns.
Tether’s Involvement and Continued Efforts Against Illicit Activities
FixedFloat, a decentralized exchange operating on the Ethereum blockchain, experienced a security breach resulting in the unauthorized withdrawal of $2.8 million within a day. Tether, a stablecoin issuer, responded by blocklisting ten addresses associated with the withdrawals, freezing approximately $400,000 worth of Tether’s USDT tokens. Despite the significant loss and freeze of assets, FixedFloat has not issued a public statement regarding the incident.
Tether, the stablecoin issuer, took proactive measures to freeze addresses involved in the suspicious transactions on FixedFloat. This shows Tether is working hard to stop bad things happening with cryptocurrencies. In the last year, Tether has been teaming up with governments around the world to get back money stolen by criminals.
Whale Activity Causes Uniswap’s Price to Drop
Recently, there’s been a lot of talk about Uniswap, especially because of its recent price downturn. People noticed that a big player in the crypto world, known as a whale, made some big moves that affected Uniswap’s price. This whale, identified by its wallet address 0x1c6, sold over 1.16 million UNI tokens, which were worth about $12.9 million, on the Binance exchange. This selling spree caused the price of Uniswap to drop by 4%.
It turns out that this same whale had bought around 1.54 million Uniswap tokens worth $6.46 million in late 2023 and sold 1.41 million Uniswap tokens at an average price of $11.05. With this move, the whale made a profit of over $6.99 million, which is a whopping 71% return on their investment. Aside from the big sale by the whale, experts are also looking at the technical side of things when it comes to Uniswap’s price.
Bitcoin’s Fourth Halving and Price Predictions
This year marks Bitcoin’s fourth halving, an event that occurs approximately every four years and plays a crucial role in Bitcoin’s monetary policy. Scheduled for April, the halving involves cutting Bitcoin’s supply growth rate in half, thereby increasing its scarcity. Over time, this process reduces the rate at which new Bitcoins are created, with the supply growth rate dropping from over 10% to about 1.75%.
During the halving month, this rate is expected to fall even further to just 0.85%. Bitcoin’s max supply is capped at 21 million coins, with around 19.6 million currently in circulation. Geoff Kendrick, head of crypto research at Standard Chartered Bank, predicts that Bitcoin’s price could reach $100,000 by the end of the current year. Some, like the Chinese-Canadian Bitcoin entrepreneur Samson Mow are more conservative in their estimates.
Fezoo Presale’s Magnetism Intensifies
Fezoo is a fresh decentralized exchange that brings together traders from all around the world. Signing up is easy – just enter your email address and username. Since Fezoo is decentralized, you don’t need to worry about complicated verification processes. Once you’re signed up, you have complete control over your funds, unlike on centralized exchanges. Deposits and withdrawals happen instantly and the trading fees are lower compared to big exchanges.
Users can also earn passive income through a revenue-sharing system, with 50% of platform fees distributed among presale investors based on their holdings. Fezoo’s presale is currently in Stage One, with tokens priced at $0.013. There are a total of six stages in the presale. With Fezoo’s potential to become a blue-chip cryptocurrency, now could be a great opportunity to invest in a promising project at an attractive price point.
Find out more about the Fezoo presale by visiting the website here
