{"id":11143,"date":"2025-02-03T20:17:31","date_gmt":"2025-02-03T20:17:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11143"},"modified":"2025-02-03T20:17:31","modified_gmt":"2025-02-03T20:17:31","slug":"this-too-shall-pass-says-binance-ceo-richard-teng-amid-bloodbath-explore-best-crypto-to-buy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11143","title":{"rendered":"\u201cThis Too Shall Pass,\u201d Says Binance CEO Richard Teng Amid Bloodbath. Explore Best Crypto To Buy!"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">The cryptocurrency market has experienced a dramatic downturn, with significant losses across major digital assets. Bitcoin (BTC) has fallen below $95,000, Ethereum (ETH) has plummeted to $2,600, and altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) have suffered double-digit declines.\u00a0<\/span><span style=\"font-weight: 400\">This crash, driven by geopolitical tensions and new US trade tariffs under President Donald Trump, has wiped out over $2 billion in liquidations within 24 hours. Despite the chaos, Binance CEO Richard Teng has stepped forward with a message of resilience and optimism for the crypto community.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">There\u2019s understandably been a lot of panic surrounding the market volatility and sudden selloffs.<\/p>\n<p>This is not the first time it has happened, and it won\u2019t be the last either. Here are 3 pieces of advice I would like to share with you.<\/p>\n<p>A thread. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f9f5.png\" alt=\"\ud83e\uddf5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2014 Richard Teng (@_RichardTeng) <a href=\"https:\/\/twitter.com\/_RichardTeng\/status\/1886372288033153182?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-prediction-suggests-skyrocket-as-trump-trade-war-takes-hold\/\" rel=\"bookmark\">Bitcoin Prediction Suggests Skyrocket As Trump Trade War Takes Hold<\/a><\/strong><\/p>\n<h2>\u201cIt\u2019s helpful to realize that this downturn is temporary,\u201d Says Teng<\/h2>\n<p><a href=\"https:\/\/x.com\/_RichardTeng\/status\/1886372291472498780\" target=\"_blank\" rel=\"nofollow\">In a 3 February 2025 post on X<\/a>, Teng said, \u201cThere\u2019s understandably been a lot of panic surrounding the market volatility and sudden selloffs. This is not the first time it has happened, and it won\u2019t be the last either.\u201d<\/p>\n<p>Furthermore, he offered three pieces of advice.<\/p>\n<p>\u201cThis too shall pass!\u201d said Teng. \u201cIt\u2019s helpful to realize that this downturn is temporary.\u201d<\/p>\n<p>He pointed out that \u201clike traditional markets, the crypto market is cyclical in nature, with its moments of ups and downs.\u201d<\/p>\n<p>\u201cBut,\u201d he added, \u201cthe positive thing is that the overall trajectory of the crypto market is one of growth.\u201d<\/p>\n<p>According to him, when markets slow down, it\u2019s the perfect time to build and learn!<\/p>\n<p>\u201cFocus on product development, improve technical skills, study projects, explore new protocols, and connect with communities. Use quieter periods to strengthen your foundation and prepare for opportunities,\u201d he added.<\/p>\n<p>Teng pointed out that as the crypto market matures, volatility will become less of a concern. \u201cVolatility is tied to market size\u2014assets with smaller market caps are more volatile. As digital assets gain utility value, volatility will be less of a concern,\u201d he said. \u201cThat\u2019s a cause for optimism!\u201d<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/major-economic-events-to-watch-for-this-week-in-crypto-best-crypto-to-buy-during-the-dip\/\" rel=\"bookmark\">Major Economic Events To Watch For This Week In Crypto: Best Crypto To Buy During The Dip?<\/a><\/strong><\/p>\n<h2 class=\"page-title\">Best Crypto To Buy Today<\/h2>\n<p>Solana has taken the front of the meme crypto trading volume, and Raydium has recently outpaced Uniswap.<\/p>\n<p>The American blockchain,\u00a0<span id=\"coin_widget_id_67a0e7ff3c317\" class=\"cwp-coin-widget-container\" data-id=\"sol-solana\"><span class=\"cwp-coin-widget-wrapper\" data-id=\"sol-solana\"><span class=\"cwp-coin-widget-holder \"><span class=\"cwp-coin-name\" data-id=\"sol-solana\"><span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/sol-solana.png\" alt=\"Solana\"><\/span><span class=\"cwp-coin-label \">Solana<\/span><span class=\"cwp-coin-trend-holder\"><span class=\"cwp-coin-trend positive\">2.02%<\/span><\/span><\/span><\/span><\/span><\/span>\u00a0, offers some of the fastest transaction speeds in web3, yet with almost zero trading fees. Its low-cost transaction processing drives more frequent trading, thus driving up volume. Scalpers heaven, you can basically take 10-20% scalp on Solana with small size and still be profitable.<\/p>\n<p>January 2025 saw an explosive volume spike in Solana meme crypto trading. Memecoins accounted for 65% of Raydium\u2019s monthly trading volume, a speculative and fun trading hub.<\/p>\n<p>Pump.fun, a meme coin launchpad on Solana, has also been very helpful during this Solana volume spike. The launchpad facilitates the creation of new meme coins, which then find their primary trading venue on\u00a0<a class=\"general-link\" href=\"http:\/\/raydium.io\/\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow\">Raydium<\/a>.<\/p>\n<p>When a token on\u00a0<a class=\"general-link\" href=\"http:\/\/pump.fun\/\" target=\"_blank\" rel=\"noopener nofollow\">Pump.fun<\/a>\u00a0hits a market cap of around $70k to $100k, depending on the Solana price, it bonds. Bonded meme coins from Pump.fun automatically add liquidity to Raydium\u2019s pools, creating a cycle of liquidity and volume that benefits both platforms.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/solana-meme-coin-volumes-are-dominating-crypto-best-crypto-to-buy-today\/\" rel=\"bookmark\">Solana Meme Coin Volumes Are Dominating Crypto: Best Crypto to Buy Today<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/this-too-shall-pass-says-binance-ceo-richard-teng-amid-crypto-market-bloodbath-explore-best-crypto-to-buy\/\">\u201cThis Too Shall Pass,\u201d Says Binance CEO Richard Teng Amid Bloodbath. Explore Best Crypto To Buy!<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has experienced a dramatic downturn, with significant losses across major digital assets. Bitcoin (BTC) has fallen below $95,000, Ethereum (ETH) has plummeted to $2,600, and altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) have suffered double-digit declines.\u00a0This crash, driven by geopolitical tensions and new US trade tariffs under President Donald Trump, has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11143","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11143"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11143\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}