Russia's Central Bank gold and forex reserves for the week ending August 22

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🚨 UPDATE: The Strategic $ETH Reserve now holds 4.1M $ETH worth $17B. A platform just added $680M on Friday.

Recently, the focus of the cryptocurrency market has been on the upcoming listing of the WLFI token. It is reported that the project completed an important round of financing in March this year, raising $250 million at a price of $0.05 per token, with a total issuance of 5 billion tokens. Notably, the Token Generation Event (TGE) will unlock 20% of the supply. Currently, the pre-contract price of WLFI on the Binance platform has risen to about $0.4, achieving nearly 8 times the paper return compared to the initial price. This significant increase has undoubtedly sparked strong interest among investors. However, if this information is true, it means that WLFI will face enormous profit-taking pressure when it is listed. Conservatively estimated, there may be billions of dollars of profit-taking in the market. In this case, new investors need to carefully assess the risks. For investors interested in participating in WLFI trading, it is necessary to take the following points into full consideration: 1. Market Liquidity: A large number of profit-taking orders may lead to significant price fluctuations during the initial listing. 2. Long-term development prospects: In addition to short-term price performance, the project's technological innovation and application scenarios are also key considerations. 3. Risk management: Set reasonable stop-loss levels, avoid excessive leverage, and protect your asset safety. Whether choosing to participate or observe, investors should remain rational, conduct thorough market research and risk assessment. The cryptocurrency market presents both opportunities and risks; one should not blindly follow trends or make panic-driven decisions.

What coin is this? I just bought it yesterday and today it has risen.

Recently, the cryptocurrency market has seen significant gains, attracting widespread attention from investors. However, as rational investors, we need to remain calm and carefully analyze the current market situation. The recent price increase is mainly driven by news stimuli and investors' panic buying sentiment, rather than by substantial improvements in the market fundamentals. Historical experience shows that blindly entering a market driven by such sentiment often leads to unfavorable investment outcomes. When facing market fluctuations, investors should keep the following points in mind: 1. Maintain rational thinking and do not be influenced by short-term market emotions. Focus on objective analysis and professional judgment of the market, rather than following the crowd's emotions. 2. Recognize the volatility of the market. The current upward trend may reverse at any time, and investors need to remain vigilant. 3. Adhere to the principle of prioritizing capital safety. While pursuing returns, it is even more important to protect the principal and adopt a prudent investment strategy. In conclusion, in the uncertain cryptocurrency market, it is crucial to maintain a clear mind and rational judgment. Only by abandoning short-sighted behavior and adhering to a long-term investment philosophy can one achieve sustained success in this highly volatile market.