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faithcoin

FaithCoin is trending as users promote the token and its association with Phantom Wallet, while others warn of potential scams and high concentration of ownership. Community members are actively debating the legitimacy and risks associated with investing in this cryptocurrency. The coin's connection to the Solana network is also part of the discussion.

CTX is a governance token that powers and secures the Cryptex protocol. Holders of CTX can vote on protocol upgrades for TCAP as well as all future products within the Cryptex ecosystem.

Cryptex Finance

Cryptex Finance ($CTX) is trending as traders discuss its low market cap and potential for significant gains, drawing comparisons to similar coins like $AVT. Community members are closely watching volume and key resistance levels, anticipating a potential breakout. The upcoming launch of TCAP is also generating buzz, with some speculating it could drive further price appreciation.

What Is Pi Network? Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem.  Supply Model and Mining Mechanism The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following: 65 Billion tokens (or 65%) are allocated for all community mining rewards; 10 billion (10%) are allocated for foundation reserves; 5 billion (5%) are allocated for liquidity purposes; and 20 billion (20%) are allocated for the Core Team. Each allocation mentioned above tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remains the same at any given time.   The Effective Total Supply of Pi—the total Pi supply at the current time—allocates Pi proportionally the same as the Maximum Supply. Since every allocation tracks the Migrated Mining Rewards of the community, the Effective Total Supply can be calculated by dividing the current Migrated Mining Rewards of Pi on the Mainnet blockchain by 65%. The other allocations within the Effective Total Supply can then be calculated based on the same proportions as the Maximum Supply, e.g. at most 10% of the Effective Total Supply is available in the foundation reserve, 5% of the Effective Total Supply is available for liquidity purposes, and 20% of the Effective Total Supply is available for the Core Team. This remains true despite the fact that all tokens were minted at the genesis as technically required by the blockchain protocol.  Circulating Supply includes all Migrated Mining Rewards and all tokens that entered circulation from other buckets of the allocations, which at its maximum could be summed up to equal the Effective Total Supply.   Pi’s mining rewards are distributed based on an issuance formula that follows a declining exponential model defined in the Pi whitepaper. Users can increase the amount of mining rewards they receive based on their individual contributions to the network, like Security Circles, using utility-based Pi apps, running Nodes, etc. For each month, the amount of Pi to be distributed as mobile balance is capped and determined by the model, regardless of how many people or how many types of mining rewards there are during the month. The capping is achieved by the design of a system-wide base mining rate, and each type of mining rewards to each individual are just a multiplier of this base mining rate. As the monthly supplies always diminish, the base mining rate generally decreases over time.   Fewer Pi may also be issued because the real Pi issuance on the blockchain depends on Pioneers passing KYC and completing all steps required for migration to the Mainnet. Despite all efforts to facilitate and remind Pioneers to complete those required steps, there are always dropoffs along the way, resulting in less than all outstanding mobile balances to be issued on the blockchain. Because of this mechanism, the community issued amount (Migrated Mining Rewards) on the blockchain will likely be closer and closer to a line lower than the 65 billion. This is thus the reason for the variable Effective Total Supply which incorporates this effect. Effective Total Supply results from all Migrated Mining Rewards divided by 65%, as opposed to the Maximum Supply of 100 billion.  Ecosystem and Adoption Pi Network has built an integrated ecosystem that facilitates real-world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local brick-and-mortar businesses.  Users can engage with Core Team and community-built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide a seamless experience. Events like PiFest 2024 showcased Pi’s growing adoption, with over 27,000 active sellers and 28,000 test merchants across 160 countries.  Who Are the Founders of Pi Network? Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University and a passion for improving human lives through technology.  Dr. Nicolas Kokkalis is a Stanford PhD in EE and postdoc in CS with research on distributed systems and human-computer interaction. His work focuses on combining distributed systems and human computer interaction to bring cryptocurrency to everyday people. As a strong and long-term believer of the technical, financial and social potential of cryptocurrencies, he is determined to move them beyond their current limitations and is committed to bringing the power of blockchain to more people.  Dr. Chengdiao Fan holds a Stanford PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive ecosystem for global citizens to unleash and capture their own agency, and in turn create utilities and productions for society and the world.  Compliance and Identity Verification Pi Network follows a one-account-per-person policy through its Know Your Customer (KYC) solution. This system combines machine automation and human verification to authenticate user identities while preserving privacy.  The KYC process emphasizes real individuals, combats fraudulent activities and enables fair participation in the mining process of the network. Pi’s identity verification approach balances scalability, security, and accessibility, allowing millions of users worldwide to validate their accounts while maintaining regulatory compliance.

Pi Network

Pi Network is trending amidst discussions around locked vs. unlocked balances and speculation about future value, with some community members expressing frustration over unverified balances. There is also considerable discussion of other tokens on the Solana network, as well as some general negativity towards the project.

Bounce Token

Bounce Token is trending as traders discuss its potential for a significant run, citing strong bids and a technically driven breakout. The community is actively debating entry points and anticipating a surge, with some drawing comparisons to previous pumps and highlighting its solid fundamentals. Discussions also mention potential integration with auctions and AI, contributing to the heightened interest.

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ProShares Ultra Bloomberg Natural Gas

ProShares Ultra Bloomberg Natural Gas ($BOIL) is trending as natural gas futures see upward movement, sparking bullish sentiment among traders. Community members are actively discussing weather models, potential gap fills, and whether consolidation above a certain price point will hold. The broader conversation revolves around leveraged natural-gas ETFs as traders weigh bullish versus bearish scenarios heading into the winter season, considering factors like weather, storage, and LNG flows.

Summit Therapeutics, Inc. is a biopharmaceutical company, that focuses on the discovery, development, and commercialization of patient, physician, caregiver, and societal-friendly medicinal therapies intended to improve quality of life, increase potential duration of life, and resolve serious unmet medical needs. The firm conducts clinical programs focusing on Clostridioides Difficile Infection (CDI). Its lead product, Ridinilazole, is an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. The company was founded in 2003 and is headquartered in Miami, FL.

Summit Therapeutics Inc

Summit Therapeutics ($SMMT) is trending following promising data regarding their lung cancer drug, ivonescimab, which is being evaluated in a global Phase III trial; specifically, there is excitement around the drug's potential to compete with Keytruda. Community discussion centers on whether the data will translate to FDA approval and potential partnership opportunities, with some also closely monitoring the stock's short interest.

CorMedix, Inc. is a pharmaceutical and medical device company, which engages in the development and commercialization of therapeutic products for the prevention and treatment of diseases and conditions. The company was founded by Antony E. Pfaffle on July 28, 2006 and is headquartered in Berkeley Heights, NJ.

CorMedix Inc

CRMD is trending amid community discussion around its strategic investment in TLPH and the upcoming Phase 3 data for TLPH's Niyad, with speculation about a potential bidding war. Some are concerned about recent acquisitions, dilution, and the CEO's actions, while others remain optimistic about the company's growth potential and future revenue.

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iShares Silver Trust

SLV is trending as discussions emerge around silver's potential for a short squeeze due to high demand, supply shortages, and manipulation claims against large institutions. The community is weighing bullish scenarios amid a volatile market, as some analysts suggest further upside driven by economic uncertainties and potential for safe-haven asset demand. Conversely, others caution about overbought conditions and potential pullbacks.

Etsy, Inc. engages in the operation of an online marketplace. It offers handmade products such as shoes, clothing, bags, and accessories. It operates through the following segments: Etsy, Reverb, and Depop. The company was founded in 2005 and is headquartered in New York, NY.

Etsy Inc

Etsy is trending as traders assess its potential for upward movement based on technical patterns like VCP and base-on-base formations, as well as a possible partnership with OpenAI. Community discussion also includes speculation about the company moving to NYSE and potential buyout opportunities. However, a recent Jefferies rating update to "Hold" tempers immediate bullish sentiment.

Towns

$TOWNS is trending as community members discuss recent price movements and potential for a breakout, with some suggesting shorts are covering.  Enthusiastic bulls are welcoming new members and anticipating a rally, while others question the token's utility and exchange availability. The conversation also touches on potential connections with other companies and possible supply squeeze.

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Paramount Gold Nevada Corp. engages in the acquisition, exploration, and development of mineral properties. Its projects include Grassy Mountain Gold, Frost, Sleeper Gold, and Bald Peak. The company was founded on June 15, 1992 and is headquartered in Winnemucca, NV.

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