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Gracy Chen, managing director of world cryptocurrency trade Bitget, suggested her followers and buddies to not scan their eyeballs in trade for a number of Worldcoin tokens.
“There’s an enormous privateness concern,” she tells Journal, including that she isn’t optimistic about its value prospects given the anticipated inflow of WLD tokens within the close to future.
“There shall be rather more launched within the upcoming 12 months or two,” she explains.
Chen admits that her gig with Bitget is fairly cool, however it additionally means her American buddies continually bug her for favors.
“Since we stopped onboarding U.S. clients, I’ve had a lot of buddies who maintain a U.S. passport ask if they will get a bit again solution to open an account.”
“I refuse a whole lot of requests like that. It’s a crimson line that we simply don’t cross,” Chen says.
Earlier than she began steering technique at Bitget, Chen labored as an anchor and producer at Phoenix TV’s tech and finance channel, a serious participant in China’s media scene.
Nevertheless, a billion-dollar thought got here knocking and rapidly led Chen away from journalism.
In 2015, she co-founded a tax startup designed for freelancers, and it skyrocketed to unicorn standing in simply three years.
“It’s a monetary tech firm. So, what they do is they supply companies for freelancers. They serve the freelancers and supply taxation and wage automation companies,” she says.
Nevertheless, one among her proudest achievements was having soccer legend Lionel Messi be a part of the Bitget crew as a companion.
Chen says Messi confronted stiff competitors from many candidates, however Bitget in the end chosen him resulting from his paternal qualities and similarities with the trade.
“He had repute as a father, husband and crew chief, and likewise we type of see some similarity between Bitget and Messi,” she states.
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Chen says that Bitget began in a bear market, and equally, Messi suffered from progress hormone deficiency when he was younger and first beginning out within the sport.
“He’s not tall. He’s at a drawback, so he had a really arduous start line as effectively.”
What led to Twitter fame?
Chen explains that she found her love for Twitter, now X, solely after snagging her high-ranking crypto place.
“My Twitter following started in crypto. I assume I wasn’t actually lively on Twitter once I was a journalist as a result of I used to be primarily overlaying the Asian market and reporting in Mandarin,” says.
Chen has a really friendly-natured strategy to X, explaining breaking occasions in broken-down, easy-to-understand threads for her followers.
Nevertheless, she observes that her Twitter following surges throughout the identical intervals Bitget’s enterprise exercise spikes.
“My followers grew throughout a sure time frame, from the top of final 12 months to earlier this 12 months. That’s a time frame once I see a singularity level the place you see exponential progress, and that’s additionally after we had progress in our firm.”
“So, I’d contribute my success or any kind of achievement or following quantity primarily to Bitget’s progress,” she provides.
What sort of Twitter content material are you able to count on?
Chen’s Twitter account affords critical selection. You’ll get a glimpse into her jet-setting escapades, and who is aware of, you may even come across some wild journey inspiration.
However when the crypto world goes haywire — whether or not it’s lawsuits, exchanges taking place or every little thing in between — Chen serves up trustworthy breakdowns in bite-sized parts.
What sort of content material do you want?
Chen has blended emotions about Twitter, considering it may well generally grow to be a raucous battleground.
“Twitter is principally a really noisy place. Everyone seems to be altering their opinions and making an attempt to be consideration grabbers,” Chen declares.
She reveals that she enjoys seeing updates from Altcoin Daily and Coin Bureau, however she advises hardcore Crypto Twitter addicts to tear their eyes away from the display screen now and again.
“I’d extremely suggest anybody who’s a heavy consumer of crypto data on Twitter to spend no less than one hour or two away from social media and do basic analysis and speak to a bunch of reliable buddies.”
Predictions
Chen firmly believes that Bitcoin exchange-traded funds are on the trail to approval, although 2023 won’t be the 12 months it occurs.
“Not this 12 months — we solely have three months left this 12 months. Possibly early 2024,” she predicts.
She hints that it might be a “excellent driving power” for the following bull market.
In the case of Coinbase and Binance’s showdown in opposition to the SEC, Chen suggests Coinbase is perhaps in secure waters — however Binance might be in for a rollercoaster.
“I personally assume that Coinbase is a fairly well-regulated, U.S.-driven crypto trade, so the lawsuits is perhaps settled by some fines. As for the SEC vs. Binance, it’s a lot trickier.”
Nevertheless, she is assured that Binance’s authorized warriors will put up battle:
“I believe they’ve a really, very large and robust authorized crew to battle this battle.”
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