Chung Daily Note - 2025/6/15
Happy Sunday! Reset, reflect, and get ready for another amazing week ahead! ✨
💡@LynexFi surpassed $5.35B trading volume, earned $6.64M fees, and distributed $10.3M to veLYNX voters
Top 5 Mindshare on @arbusai
1. @useBackroom - 3.48%
2. @virtuals_io - 3.42%
3. @thep33l - 2.26%
4. @KaitoAI - 2.20%
5. @GM_DFZ - 2.14%
Some highlights from today's note
🔸@saylor hints at buying more Bitcoin
🔸$ZKJ and $KOGE liquidity pools were drained after the KOGE pool ran out of USDT, triggering a sell-off, crashing both tokens
🔸@byreal_io (Incubated by Bybit, born on @Solana)
Read More Below 👇
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📰 News
• SEC approves Trump Media's Bitcoin Treasury registration
• @saylor hints at buying more Bitcoin
• Bitwise, Canary, and Grayscale include staking in Solana ETF filings
• Vietnam legalizes digital assets under new law starting Jan 1, 2026
• Brazil imposes 17.5% flat tax on all crypto gains, ending small investor exemption
• $ZKJ and $KOGE liquidity pools were drained after the KOGE pool ran out of USDT, triggering a sell-off, crashing both tokens
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📖 Good Reads
• @arndxt_xo - The Shape of the Cycle: Liquidity
• @ahboyash - How Coinbase, Binance, and Bybit Are Bridging CeFi and DeFi
• @leviathan_news - 10 red flags a crypto platform is a scam—and how to protect your money
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🎉 New Protocols
• @byreal_io (Incubated by Bybit, born on Solana)
• @useBackroom
• @trypango
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💰 Crypto Fundraising
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💵 Airdrops
• @Earndrop_io - Weekly Earndrop Recap (14 June 2025)
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💡Videos & Podcasts
• @KevinWSHPod - @SuiNetwork Founder reveals why he Left Facebook at 50 to Build What Crypto Couldn't | E125
• @BanklessHQ - Institutions Pour Billions into Crypto! Stripe’s Bold Move & Genius Act Explained
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😇 Opportunity
@nansen_ai Points Season 01 is set to launch soon on June 17!
That's all!
#Resolv | Crypto Encyclopedia Chapter 17 💎
RESOLV is listed on Binance TR 📈
Its current price is approximately 11 TL. With this listing, let's take a look together at what RESOLV is and what it does 🤔
Resolv offers USR, a stablecoin pegged to the USD but not backed by fiat. It only uses ETH and BTC as collateral, meaning it doesn't have dollar reserves like USDC/USDT. It only has ETH and BTC collateral. Furthermore, it is not centralized or algorithmic; it is completely on-chain 🔹
What is USR?
1 USR = 1 USD.
It is minted and redeemable 1:1 with ETH/BTC collateral 🔹
What is RLP?
It is an insurance layer that protects USR. Excess collateral creates the RLP. It offers higher returns but also carries risks 🔹
So how does USR always stay at $1?
The price of ETH and BTC can fall, but Resolv balances this risk. How? When buying ETH and BTC, it also opens a short position at the same time. If one falls, the other profits. Thus, the total value of the system remains constant 🔹
What about the risks?
1️⃣ Futures costs: If the market moves in one direction for a long time, the funding fees for hedge positions can increase. This can cause losses for the RLP pool 🔹
2️⃣ Liquidity risk:
In case of sudden increases in demand or panic sales, there is a possibility that the RLP may not be able to provide sufficient insurance 🔹
3️⃣ Extreme market movement risk:
If ETH or BTC falls very quickly and the hedge positions cannot be adjusted in time, the system can suffer losses. The system can be particularly strained during sudden crashes 🔹
I know buddies Everyone’s asking the big question:
Will $WCT hit $1 again or is that dream out of reach❓❓ Right
Based on the chart, $WCT saw a sharp rally to $1.39 but faced a steep decline afterward, now consolidating near $0.37.
While a return to $1 is not impossible, it would require a major catalyst like renewed volume, strong market sentiment, or a broader altcoin rally. If support holds and a reversal pattern forms, $0.60–$0.75 could be realistic mid-term targets, with $1 achievable only in a full bullish breakout scenario.
Stay alert and manage risk wisely.
{future}(WCTUSDT)
Geçtiğimiz hafta Binance TR borsasında listelenen @ResolvLabs projesi hakkında detaylı bir inceleme hazırladım.
Resolv, kripto dünyasında piyasa dalgalanmalarına karşı korumalı bir sisteme dayalı sabit coin yaklaşımıyla öne çıkan bir protokol. USR isimli stablecoin’iyle ETH teminatlı ama fiyat oynaklığını hedge eden bir model sunuyor. Bu yapının yönetimi, sürdürülebilirliği ve teşvik sistemleri ise $RESOLV tokeniyle sağlanıyor.
$RESOLV, protokolün yönetişim tokeni. Topluluk kararlarında oy hakkı tanıyor, sistemdeki teşvik mekanizmalarının dağıtımında ve stratejik yönlerin belirlenmesinde rol oynuyor. Aynı zamanda protokol büyüdükçe etkileşimi artan bir yapı üzerine kurulmuş.
Tokenin teknik ve ekonomik detayları, Resolv’un sunduğu şeffaflık politikasıyla birlikte Gitbook ve resmi dashboard üzerinden kamuya açık olarak takip edilebiliyor. Kurumsal yatırımcı desteği, güvenlik önlemleri ve protokol mimarisi, onu DeFi alanında uzun vadeli bir altyapı projesi haline getiriyor.
İncelemek isterseniz:
$XRP fans, let’s keep the momentum going
Hold strong, and new highs are just around the corner 🚀
Stay tuned 😉😉
Buddies if you've any questions in your mind frankly ask to me....
#XRP Calm Before the Rip? XRP Gearing Up for Expansion
$XRP is holding steady at $2.1651 after rebounding off the $2.08 low, showing signs of accumulation on the 4H chart. While the overall market has been cautious, XRP is slowly forming higher lows often a precursor to explosive moves.
Long Trade Setup (Reversal Accumulation Play):
Entry Zone: $2.15 – $2.17
Take Profit 1: $2.22
Take Profit 2: $2.30
Take Profit 3: $2.38
Stop Loss: $2.08
Volume remains stable and the bounce off support is being respected. If price closes above $2.18, expect upside acceleration toward the $2.30 zone.
{future}(XRPUSDT)
Dear #BINANCIAN💞💞 Lemme share my personal thoughts on #SUI with all of you.....
$SUI needs to reclaim the $3.120 level on the daily chart.
I grabbed the dip, but I’m staying cautious until it pushes back above that point.
🚀 #SUI Ready to Rise from the Ashes...
After bottoming out at $2.8051, $SUI is staging a solid +6.57% bounce, reclaiming the critical $3.00 zone on the 4H chart. Bullish momentum is picking up, and volume confirms fresh buyer interest. This could mark the start of a broader recovery phase.
📊 Long Trade Setup (Trend Reversal Play):
Entry Zone: $3.01 – $3.03
Take Profit 1: $3.12
Take Profit 2: $3.26
Take Profit 3: $3.42
Stop Loss: $2.94
With increasing buy-side pressure (51.41%) and a clean structure shift, SUI is primed for upside continuation. Hold above $3.00 is key.
{spot}(SUIUSDT)