I’m Building a $100M Startup With My Own Money

Most traders only care about making money from the market, but some things are far more important than making money. Things like the safety of your funds, regulations, compliance, etc. I just saw that @bingxeu has secured MiCAR authorization from Austria's Financial Market Authority (FMA). This means there’s now an actual European regulator holding them to standards on governance, AML, and client asset protection. Things like this are important if we want to onboard the next million users into crypto. It'll be interesting to see how the industry continues to evolve. Congrats to the BingX Team #BingXEU #CompliantInEurope

There hasn't been a sad time to be in Crypto like this time and it pains me so much. There's a huge extraction going on and Only a few people are winning, we can pretend about this but data says it. When Doge, Shiba, Floki and other memecoins did well in 2021, so many people benefitted and got rich. Even in 2024, the market was way better than what it is today. Today, a coin goes to $100m and just a few people benefits because they bundled it and afterwards, they slowly rug and dump everything at once. Look at the crap happening with Kimchi and Pumpfun. If you are not getting insider information, it's almost impossible to win in this current market. We were complaining of pumpfun making it easier to create memecoins as the problem and boom, new launchpads pops up just to come extract theirs. Millions of coins get created every month, no one believes in holding anymore, since there's always new coins, make profit and move to the next. At this point, if nothing is done, this industry will keep going down. I'm not complaining, I have always had my ways around the market but I'm scared of the broader users in crypto, most are leaving, this industry isn't going to get better if we continue like this. Most people screaming bull market, I promise you, it's never going to look like what you use to know, it's going to be a selective bull market, few coins pump and your chance to get in is slim. You will only buy when insiders are done and then a huge red candle because insiders have made tons of money. Something has to be done otherwise this industry turns to a joke.

Showed up for @blockfestafrica and met with my friends and some of my Team members building @Clona_official with me. It was a great time and good job @blockfestafrica for putting up this amazing event. The first 📷 By @JolexCreativity