Red The Mal PriceRED

📣 $XRP out of Billionaire Club: Bull Run Getting Canceled? As on-chain metrics start to show red flags, XRP's recent surge may be waning. The XRP Ledger's decline in daily payment volume, which has now dropped below $1 billion, is the most obvious warning sign. In sharp contrast to the steady multi-billion peak prices over the previous three weeks, the volume of XRP payments reached about 986 million as of July 28. 🔸 Activity wearing thin This indicator shows how much #XRP is being transferred between accounts and indicates a decline in institutional engagement and overall user activity when it falls off significantly. In summary: less momentum, less interest and less money in motion. Technically, things do not appear to be looking good either. After recently reaching a high of $3.70 the price of XRP is currently trading at about $3.16. The parabolic run has slowed, and the price stagnation is accompanied by a descending volume pattern that points to a classic case of exhaustion. RSI indicators remain in overheated territory, and if new demand does not emerge, a more significant cooldown may be imminent. 🔸 Potential cause Despite a few exceptions such as Ethereum and Solana, which continue to attract significant inflows this decline in activity coincides with a general slowdown in interest in altcoins. The decline in payments volume for XRP is more likely due to deteriorating fundamentals as much as price. The assets placed in the current cycle become more precarious if it is unable to sustain interest from high-volume traders. Even worse, the total volume of trading on the cryptocurrency market is starting to drop, which suggests that money is either pulling out of altcoins or sitting on the sidelines. XRP needs to re-attract network activity and liquidity at scale in order to prevent deeper retracements; otherwise, the recent bull run runs the risk of becoming just another failed breakout. XRP is currently outside the billionaire club, which could indicate that the rally is coming to an early end unless something changes quickly.

$RED / Usdt has made 8 consecutive 1h green candles 💥💥 Another Top gainer. $RED has jumped sharply from $0.31 zone and is now testing key resistance near $0.43 after a strong recovery. The momentum is increasing rapidly, and if the price moves above $0.4332, a sharp move higher could follow. Don't FOMO. If take retest thn you will get an entry. $RED

You don’t need to be a crypto expert to be part of a DAO. A DAO is just a modern cooperative, with smart tools instead of red tape: ⚙️ Smart contracts for clear rules 🔐 Wallets for secure participation 🗳️ Voting that happens in public, not on spreadsheets This model creates space for participation where it’s usually closed off. Not everything has to run through institutions. Not every decision needs a gatekeeper. DAOs offer a way to organize, fund, and act, together. And that’s the point: it’s less about understanding the tech, more about having a real say.

Ethereum is not just a network for moving money around, but also an uncensorable state machine which can be used for charter cities and various other physical systems. For example: Onchain provably-fair representative democracy, conviction voting, liquid democracy, futarchy, etc. guided by policy prediction markets, using MACI (developed by the EF's PSE team), @semaphoreci or other privacy protocols. Public CCTV cameras which use TEEs (or the holy grail, IO) to reveal footage to jurors/arbitrators in a deniable manner only after receiving an order from a trusted onchain court or arbitration provider like @Kleros_io. Smart locks which respond to onchain events to lock, unlock, add/remove authorized people, and can also be controlled by said onchain courts or other DAOs. For example, when granting an important role, a role can be added via @hatsprotocol that automatically gives them access to all systems without needing manual authorization. No streetlights at night, except for red lights along walkways, which for 45 minutes each night (a parameter adjustable by the city's DAO) also turn off to see the sky. And on winter solstice (night of stars) the lights stay off the whole night, to give a perfect view of the night sky. IYKYK ETH-backed currency such as @letsgethai or @reflexerfinance with predictable, algorithmic monetary policy, which can be used for real-world payments with Ethereum-based secure payment rails that don't involve literally giving your payment key to every single vendor what the hell is the card system. Onchain oracles with various physical monitoring devices placed around the city, livestreamed to the public to prove tampering-resistance. For instance, these oracles can be used to resolve fun little prediction markets such as "what will the average wind speed be on Aug 11th, 2035?" Charity via marginal price discrimination: businesses which care about a particular topic could give small discounts to people who do good in that area, allowing them to multiply their impact in comparison to simply donating a percentage of profits. It's not a thing that strictly requires Ethereum, but I found it from a 2017 Vitalik post so that's gotta count in some way. POAPs. Probably not much to explain there, they're little collectibles that show you went to an event. More businesses going public onchain as Ethereum massively reduces the cost of IPO to simply the cost of the smart contract deployment itself (for example, an initial Dutch auction can be used to find a good starting price rather than having to guess. @circle left a lot of money on the table) A fusion of the traditional joint-stock corporation with the DAO model that replaces it with liquid governance. One example of this done very well is @aave (mainly governed by the @AaveChan, run by @lemiscate), but there may be further room for improvement with more complex hierarchical structures. Tokenized land within said charter city that can be traded without requiring fee-taking intermediaries. For extra radical points, throw in Harberger taxes or some other form of land value tax, also collected onchain. This is all just the tip of the iceberg for what is possible with the World Computer. For the scifi future. Onwards! (a continuation of my original reply to @ethereum's moonshots post)

In my past life i used to work at the UN, one time i was in charge of building a way for them to have access to basic financial stuff like a card to pay, but based on crypto. Long story short i was supposed to conduct all of this project without talking to them. My request to talk to them had to go theough 4 different levels of decision making and would have taken likely over 2-3 weeks. Everything i did was sorrounded by red tape. I left as soon as i could, but a lot of people stayed trying to rise the ladder or get a nice diplomatic passport. Real impact > corporate titles