Back to Australia, I slept for most of the day to adjust my time zone, did some shopping and tidying up, and then had dinner with friends before sitting back at my desk.

Received a Labubu gift from @ocherryaweb3 brought from Italy, now I also have a Labubu, happy~

I took a look at the situation from yesterday and today:

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@virtuals_io New Subscription

The popular $IRIS indeed lived up to expectations, but unfortunately, I missed the opening of a 400x sale while on the plane yesterday. However, there was indeed a bit of hype, and the funds that could be invested were limited, so I don't mind missing out too much.

Recently, there have been a lot of articles on Twitter to farm Virtual points, and I’m less inclined to join the fray with similar content. Discovering Alpha when there are fewer people makes it more valuable; being among the first in the Chinese community to see the potential of Virtual Genesis and benefit is enough.

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Bnbchain Competition Progress

During this market correction, the market cap of the seed participants in the Bnbchain competition also corrected, but there were developments for each.

$EGL1 gained the attention of WLFI founder @ZachWitkoff, the price surged before correcting, but the trading volume reached number one on the new coin list, and led by a considerable margin.

$Janitor went live on @Aster_DEX yesterday, making it the first BSC Meme small coin to go live, currently second in trading volume.

$Liberty today added several hundred thousand dollars to its pool, with a depth reaching 1.3M, which looks promising.

$Bulla has been leading in trading volume on the old coin list, and yesterday it went live on Kucoin, with relatively little price correction.

Noteworthy is the previously mentioned $TAG, whose trading volume suddenly surged past CA to climb to second place. This project is focused on AI data labeling, and upon reviewing, I found its direction somewhat close to the currently popular Sahara. However, the price is also correcting, so I’ll check the chip structure later.

BTW, today @BNBCHAINZH announced the fund's purchase news, and the $VIXBT inside is the Ai Agent @videoxbt_agent who made a video for me several days ago. At that time, I found it interesting and bought a little, only to get stuck until today, finally breaking even 😂😂

Indeed, Bnbchain can’t just have strong players in the USD1 competition, otherwise, it would be too boring. Bnbchain’s support for small teams' innovations is quite good.

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AVAX Progress

Recently, @danielesesta is fully focused on activating the AVAX chain through memes. Compared to Solana and Base, AVAX has relatively fewer targets, and the focus is concentrated; this is also why I mentioned the easy mode before.

During this market correction, the top $Lambo was smashed to 26M but quickly pulled back to 45M, with other smaller targets like $WIFE also following a similar trend.

I still plan to continue putting some energy into observing the progress.

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@buidlpad New Subscription Progress

Today buidlpad tweeted that they will strictly control bots, farming, and witch behaviors in the new subscription process. It’s very likely that many participants and studios will be eliminated this time, but I'm not sure how they plan to filter them.

Then I saw many comments from people saying they didn’t pass, and they were very anxious, but the results haven’t come out yet. I asked the Buidlpad team, and they said the results won’t be out until tomorrow night at 11:00 PM Beijing time. I’m also in the “Review in progress” status, so please be patient.

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The market correction caused by this war has poured a bucket of cold water on the originally enthusiastic sentiment, but in previous instances where wars caused dips, they generally don't last long, so I bought a bit.

However, current liquidity is indeed not ideal, so I will continue to execute the dumbbell strategy, keep an eye on opportunities on-chain, reduce the frequency of interventions, and focus more on uncovering pre-TGE projects for ambush.