Before we begin, let’s chat about the recent market dynamics~
In the past two weeks, OKB has truly shown me what 'violent aesthetics' means! I increased my position at 100 and added a bit at 140—this wave of market was indeed powerful!
Alright, enough chit-chat, let's talk about the recent market opportunities. Over on the primary market, the host's new investment returns were quite good last week~ I managed to get in on the SOL ecosystem's $CODE and OKB's memecoins, and thankfully I ambushed a bit before the market sentiment picked up, so I hit the rhythm right!
There are a few other noteworthy updates: the official Alkanes protocol has opened the swap function, making token swaps much easier; MagicEden announced integration with OKX wallet, which is quite interesting; F2Pool has reduced its transaction fee to 0.1 sat/vB, so miners should take note; and of course, there are new opportunities in the OKB X-Layer ecosystem, as well as the transition from the FOMO hype of RGB to the current quiet situation—mainly driven by the anticipated listing hype, but there are some short-term opportunities in memecoins within the ecosystem.
Which of the updates mentioned above have you participated in over the past two weeks?
Today, we're focusing on the surge of OKB in the secondary market, the new investment situation of the X-Layer protocol in the past two weeks, and some target analysis (note, this is not investment advice, just a value analysis of the targets~).
We've mentioned before that on-chain ecosystems revolve around tokens, and this time OKB has truly sparked a wave of enthusiasm. The host feels that the cost-performance ratio of entering new investments now is very high, but remember: it's only suitable for new investments, don't take positions!
Some friends asked if there are too many low-quality memecoin listings on OKB right now? You know, those memecoins that have a new listing every few minutes. Honestly, I haven't shared much of this type lately because I really don't like calling out trades; the risks are too high!
First, let's take a look at the market: currently, the OKB track is primarily dominated by locals, with ODOG, OKAY, and Wangcai seeing relatively high traffic. Among them, ODOG is the leader, initially launched around 9 PM as the internal market—everyone should understand what the internal market is, right?
A little anecdote: When I saw the $ODOG project, it was just an hour before it went live. I thought it was something new, so I participated a bit, with a cost of $15, but ended up taking profits at $100. Later it peaked at 300 times, which was quite a missed opportunity! Now it's pulled back by half, and during such times, I wouldn't recommend buying in. Recently, new protocols have risen quickly and fallen to zero just as fast, so caution is essential.
Everyone can keep an eye out and select some top targets, then participate appropriately when it drops to a low point. The dividend period for new protocols is inherently short; if you miss it, it's gone~ Just look at this chart, and you'll understand how short the play cycle for new protocols is.
As for memecoins, I won't involve you in that; they are basically short-term plays, with a project possibly being active for only half an hour or even just a few minutes. There's really no need to take positions, and the information gap is too large, making it easy to get stuck at the top of the mountain!
Here’s a practical feature to share: our 'News' function. If you're looking for information sources and on-chain data, trending updates will show in the search bar. I'll teach you how to operate it later. Don't just focus on short-term news; this is also a good channel for acquiring on-chain information~
Here's a quick feature for those anxious about secondary trading: 'Little A Analysis'. This feature is very friendly to 'short-term players'; if you want to ease up on data analysis, Little A Assistant can provide references, which is much more efficient than trading based on 'feel': the path is app - group chat - Little A Analysis at the bottom left. Have you used the AI page feature? Any feedback can be shared with me after the live stream; I'll gather it to help with updates~
After discussing features, let's talk about the situation with BTC miners. Recently, OGs have voiced concerns about two issues worth worrying about in the Bitcoin network:
First, the transaction fee has dropped to 1 sat/vB, which may reflect network congestion or miner manipulation; second, the last eight blocks were mined by KYC-regulated U.S. mining company Foundry USA, leading to concerns that Bitcoin's degree of decentralization may be affected—essentially, U.S. miners are taking a significant amount of profit.
F2Pool has reduced its minimum transaction fee from 0.5 sat/vB to 0.1 sat/vB, aligning with other mining pools. It seems that the mining pool ecosystem is generally accepting low fees now.
Next, let's move on to the practical operation segment! The SOL ecosystem inscriptions have recently risen again, with the SOLs initiator stirring up waves once more~ On August 15, the SOL ecosystem project SOLs made new moves, starting to lay out the project at 6 AM, and by around 9 AM, I had sent a message in the group.
The market was particularly FOMO back then, making it hard to get in; costs had risen to 0.6u, while foreigners were still shouting on social DC wanting to buy, peaking at 30u. The project is still open in the market now~ By the way, friends who want to join the new investment group can find me; welcome to come play in the new investment section!
This project party, solkek, saw its first SOLs inscription peak at $8000 each~ That day when this code was released, remember to prepare your web3 wallet in advance for new investments; don’t be lazy! Make sure to have wallets for sol, btc, eth, and okb ready!
Let me explain the practical steps: first, buy SOL with USDT in the exchange wallet, then withdraw the coins to the SOL address of your web3 wallet.
Now search for SOL, open it and input the copied web3 wallet SOL address, enter the address and quantity, and that's it.
Then mint assets on the website—this is the most basic process: exchange → web3 wallet → on-chain minting of assets. The host suggests preparing your wallet and funds in advance so that you can participate at the first opportunity when projects arise.
The ecosystem itself isn't crucial; the operational processes are fairly similar. The key is to have quick information sources! After discussing the SOL ecosystem, let's talk about the opportunities in the BTC ecosystem.
This week, the official Alkanes protocol has opened the swap function, allowing for quick trading of Alkanes protocol tokens on its platform, and you can also add liquidity pools, making it quite convenient. However, the Alkanes ecosystem has been somewhat lukewarm lately, so I wouldn't recommend playing around, but do keep an eye on new updates~ There's also the BTC methane project, which currently lacks hype, so it's best to observe and wait for new protocols to emerge.
Speaking of methane, let's take a look back at MagicEden. It is a primary trading market platform dedicated to promoting ecological trading. This announcement of integration with OKX wallet is quite timely—after OKB's surge, many people are trying to capitalize on the trend, and ME has managed to keep up with the rhythm. They are attempting to blend candlestick charts and memecoins, which might be a new direction~
Currently, mainly focusing on runes and the NFT market, you can interact and record transactions on-chain; who knows, there might be an airdrop opportunity in the coming quarters~ When withdrawing OKB, remember to copy the OKB X-Layer address of your web3 wallet, don't mix it up, as it has two addresses~
When it comes to new investments, basically if you can get more than 5 times, you can run. I don't plan to hold long-term; just take the profits that are there!
Finally, let me share a method for finding project parties; it's really simple: search for project parties related to OKB on Twitter and participate in their ecosystem's new investments.
Currently, opportunities in the BTC ecosystem are decreasing, and sentiment is mostly concentrated on OKB. The host is now mainly keeping an eye on the first-line OKB ecosystem~ Whether it's memecoins, new protocol NFTs, or inscriptions, there are new opportunities emerging. Now is the time for a hundred flowers to bloom; if you don't act fast, others will finish the market and start trading, so don't be biased!
A reminder: there are too many retail investors entering memecoins right now, and liquidity has been drained, so be very careful; it's best not to touch them!
This article represents the author's personal views and does not reflect the stance or opinions of this platform. This article is for informational sharing only and does not constitute any investment advice for anyone.