0x0xFeng

In the past, Binance had a strong effect on listing new coins, strictly selecting projects for listing, which led to funds forming a collective force and consensus to speculate on some new coins, often resulting in a good wealth effect.

Now with the emergence of Binance ALPHA, it has driven down the listing fees for its competitors in the spot market, Bybit and Gate, to half the price, with GATE having almost no listing fees.

Market competition is fierce, and CEXs are also competing.

OKX has taken a compliance route, going public in the US, focusing on stabilizing mainstream liquidity and fundamental business without overly participating in the liquidity battle. It still relies on wallets to secure future opportunities, especially if there is strong demand for on-chain transactions; the share is very high and the potential is vast, leading to greater valuations.

Currently, Binance's wallet business hasn't performed very well; after all, the freedom of custodial wallets is limited, but it has still captured the largest share of the altcoin market, stabilizing and expanding its share.

Bybit, caught in a tight spot after losing $1.5 billion to a hack, is severely injured, compounded by Binance ALPHA's aggressive squeeze on the altcoin market. Gate is also experiencing FUD and a tumultuous period.

What the future holds is uncertain; cherish the liquidity you have and find ways to gradually become wealthy.

There will be no consensus among the counterfeits, the chance of buying into a consensus is harder than winning the lottery. Any rebound in counterfeits is a short, get rid of the airdrop as quickly as possible, do not hesitate.

Never show mercy.

No more playing with altcoins, it's always the same. I lose back most of what I earned before the market opens. 😭

Respect the market rules; aside from Perp DEX, which operates like a casino, there’s basically no future in other altcoins.

Perhaps too many people do not understand SAHAR. Meta acquired 49% of Scale AI for $14.3 billion, and the leading AI data labeling company has a labeling price of 30B.

As the number one in blockchain data labeling, SAHARA, whether in terms of team, technology, or implementation, can be considered an excellent product in blockchain AI.

Currently, there is a 15% premium on contracts and spot trading, and the exchange is fully loaded with listings.

I can't think of any reason not to confront the short sellers.

Moreover, there are quite a few opposing positions; it's been a while since I've seen such an interesting battle.

I have gone long and am holding spot; DYOR.

I heard there are many Sahara Air Force, opening -2% fee rate full, for more take a look at the 8:30 UPBIT opening contract, to see if there is a Sino-Korean cooperation for an AI revolution!

There are many people in this world who speak nonsense with their eyes wide open.. but those who are willing to speak the truth are truly rare.

I have found that the vast majority of those who boast about themselves and talk a lot of inspirational nonsense are actually quite bad.

I may seem neither good nor bad, but I actually have quite a few friends, especially in the cryptocurrency space, where I've made a lot of friends, and they are all quite impressive.

The concept of an energy field does indeed exist.

Did not sleep well yesterday
Recently under a lot of stress
The bathroom light was left on
It's too hot
Feeling a bit excited
Brain is lacking oxygen
It's too late today
Sweat dripped into my eyes
I miss my grandpa
Bitcoin has dropped
It's all the fault of COVID-19

Just finished, I've said all these reasons, what other reasons are there? I really can't come up with anything else.

Deploying more capital to @Lighter_xyz and @Backpack ，@StandX_Official this summer！

Perp Dex summer coming soon！

Continuing to discuss the Perp Dex track

Looking at the Perp Dex in the Base ecosystem, I saw the newly rebranded RollX @rollxfi, formerly known as RollDex, which is the number one perp dex in terms of trading volume in the BTC Layer 2 ecosystem.

Not long after entering Base, it has shown explosive growth on the Base chain. The Base official team has also interacted with RollX on Twitter, indicating that the team has received official support.

Currently, the platform has a daily trading volume of around $100 million, with a TVL of about $32 million. It currently supports up to 500x leverage on BTC perpetual contracts, with plans to increase to 1000x leverage in the future.

One innovative aspect of the product is that RollX also supports LST extra yields, prediction markets, and BitVM.

It seems that RollX currently does not have VC backing; it is a community-driven project, similar to the Hype model.

Current activities available for participation:

The Genesis event held in collaboration with Galxe, tracking trading and social media contribution points through Galxe Starboard, allows users to participate in a $200,000 token prize pool and subsequent airdrops.

The official team revealed that the first snapshot was in July, and TGE is not far away.

Reflections After a Painful Loss

I feel that I am not very suited for short-term contract trading, especially with assets like BTC/ETH/SOL. Having a small position is meaningless, and with a large position, since I'm not constantly monitoring the market, it's easy to get wiped out, which also affects my sleep and quality of life. I won't play anymore.

So I will stick to trading altcoins with positions worth hundreds of thousands of dollars that I can understand.

How can I earn back the money I've lost recently? I can only wait for the wind to come.

Wishing everyone a quick return to profit.

Isn't OKX's pursuit of listing a strategy publicly disclosed over the past year? Why is it gaining traction now?

Throughout the past year, in this bull market, OKX has been relatively passive in listing altcoins and focused on WEB3 wallet business (which has less regulatory compliance compared to CEX business).

From the current perspective, OKX's strategy seems to be quite right; Circle has such a high premium on Nasdaq, and if a CEX of OKX's level were to go public, it's hard to imagine what kind of market value it could achieve.

Compared to issuing platform tokens and going public, the vast majority of platform tokens are highly controlled, with liquidity primarily within the exchange, making them essentially non-redeemable market caps. For example, Bybit's MNT has enormous market value that does not match its liquidity and trading volume.

On the other hand, issuing stocks means that liquidity comes entirely from external capital and individuals, and currently, the overall liquidity of stocks in the cryptocurrency industry is very good.

The correctness of the strategy makes the tactical efforts somewhat pale.

Oh fuck, my account has been hit, it's been liquidated.

Teacher Ao has become a god, and I have fallen.

See you all in the next bull market 😭

Except for a few who are just playing around, the $SPK chain's second largest DEFI, are you telling me it's less than 70 million, brother?

Is it A Shui's fault or the world's?

It hurts, it hurts too much.

A Shui is about to jump off the building with a cost of 0.49, everyone please save him. I don't want to lose a brother.

Why is Hype so weak? Can you explain, Understanding King, can we bottom out?

When will 50$ Hype happen?

Twitter seems to be not as easy to fool as Weibo; if you don't have real results, don't come to Twitter to show off. The same goes for not having on-chain performance.

The pro circle is just that small; showing off on Twitter without any substance is like looking for a hammer, after all, many have already been hammered.

The only question is, why are there still people who would fawn over these pretentious scammers?

Being scammed is also a personal fate.

Actually, everyone, don't be anxious. What nonsense about wanting to buy osmanthus flowers while carrying wine, it’s certainly not like the youthful travels.

In the cryptocurrency world, there aren't many big successes in their 20s, specifically above A8.5.

The Pro-level players I know are all around 30. Many people have exciting lives every day.

Traveling everywhere, buying everywhere, the young can now satisfy their delayed gratification without any pressure.

Morning flowers can be picked up in the evening, those in their 80s can find those in their 00s.

Don’t be afraid, work hard, and gradually become rich.

The basics of making money on BSC are insider information and the core circle.

I'm not in the core circle, can't even grab a public offering, how can the small investors expect to make money?

Numerous strong P players from SOL have been splashed in the face on BSC, so whose problem is it really?

Who are the gods that can win?

Forget it, forget it.

Even the BSC dogs don't play.

GMT
Crypto veteran: What a silly thing, isn't it just the Ponzi scheme of Qubao back then?
Newbie: Play to Earn, blockchain revolution!

This story is quite similar to Circle now.

So when can I break even on the AAVE I bought and the SPK I picked up?

I hope the daddies outside the circle can come and take my valuable coins. 😭

One misstep leads to a lifetime of mistakes; dancing in the sea for a living.

Dancers are also human; who do they tell their inner pain to? Each tear is swallowed down.

I f*** your mother’s altcoins😭😭😭

Those who buy altcoins are worse off than dancers.

Every time I hold onto a shoddy investment, I always joke around with my friends; this time, the retail investors are daydreaming.

All day long, brainwashing themselves, imagining a market rally and good news.

Looking at the K-line chart eighty times a day.

Yesterday, I went to check a coin in the DC I bought, and I knew I had started daydreaming as a retail investor because I even began researching projects in their DC.

If it rebounds a bit more, I’ll just cut my losses.

Just consider it another tuition fee for the daydreaming retail investors.

No more next time.