Foreword:
Before the live broadcast, some brothers asked $Siren. From the earliest alpha, I thought its market value was too high. Now I have been slapped in the face. Siren really has some strength. This article will give an analysis from the perspective of narration, on-chain market making techniques, and current trend operations. This article participates in the Binance Square Essay Contest #SIREN的星辰大海 , all content does not provide investment advice analysis, DYOR
Body:
I. Project Introduction: What is SIREN?
$SIREN is the first AI Agent concept token on BNB Chain. Note, it is the first. Its core function is to provide intelligent trading signals and data analysis for crypto market users. Different from the traditional "air Meme", $SIREN provides "Golden Personality" (conservative strategy) and "Scarlet Personality" (aggressive strategy) dual modes through the on-chain AI trading assistant - SirenAI Agent, which is suitable for users with different investment styles.
Simply put, this is not a simple Meme that relies on images and dog heads to tell stories, but a real AI assistant with "brains", which can send you signals, recommend currencies, and help you identify opportunities. It is "real AI, not pure Meme."
II. Technical highlights and application prospects
✅ Dual Personality AI Agent: Make trading strategies have temperature
Golden Personality: Track trends, be conservative, and suitable for novices.
Scarlet Personality: Pursue high volatility returns, suitable for experienced drivers.
✅ Fully on-chain execution, decentralized security
Relying on BNB Chain, all logic is executed through smart contracts, combined with Chainlink and other oracle pricing, to eliminate "black box operations."
✅ Multi-scene application layout:
DeFi Trading Assistant: Real-time data insights, reducing the barrier to entry.
Future multi-chain expansion: Planning to support ecosystems such as Solana and Base.
AI DAO Governance: Token holders participate in model training and optimization.
III. Growth Logic: Why can it rise from a market value of 100 million to 500 million?
1. Binance's own son-level treatment
Selected into the Binance Alpha program, won the daily champion and the first runner-up in the trading competition.
BNB Chain provides $200,000 in liquidity incentives.
Listing on exchanges such as Gate, MEXC, and Lbank, igniting traffic through multiple channels.
2. Top institutions endorse
DWF Labs heavily increased its holdings by $540,000.
BNB Chain official wallet purchased $25,000.
Simply understand: Big guys are buying, and leeks dare to rush in.
3. High community consensus
The market value exceeded 100 million US dollars, with more than 50,000 currency holding addresses.
The official social media heat continues to rise, and participating users have changed from "watching the excitement" to "true HODL."
IV. Future vision: SIREN's "Sea of Stars"
🔮 Prototype of decentralized AI platform:
Allows developers to build their own AI Agents and tokenize them, spawning an AI Agent trading market.
🔮 Smart contract optimization:
Real-time identification of contract vulnerabilities, re-entry attacks, and protection of on-chain security.
🔮 Web3 Creative Culture Engine:
Use AI to generate Meme, music, iNFT and other content to create a decentralized creative ecosystem.
SIREN will not only be a trading tool, but is also expected to become the cornerstone of a decentralized AI ecosystem.
V. Trend review, the core method of passing 200 million quickly in the past week - relying on the carnival of contract opponents
Siren's first high point at the bottom was a market value of 100 million. This market value successfully allowed Siren to enter the Binance contract. Then the dealer quickly completed the shipment and recovered the cost by opening short, which caused the situation that the contract began to fall as soon as it was launched. Although it is a bit of harvesting liquidity, this is the most common way for entrepreneurial MEMEs to collect funds, and it is also the shackles that BNB has copied on the alpha project.
Want to ship, build first.
Later, at the bottom, we can see that around March and April, the dealer directly added a one-way BNB pool around 0.33 to protect the market.
Those who play on the chain will go to dig and see if the dealer does not want to fall and start entering the market
At the same time, the contract trading volume is much larger than the spot trading volume, which forms a new way to control the market.
Rely on blasting contract opponents to swallow energy and pull the market
Here is a quote from what Mai Zong said last month, which is better than what I said:
First, you have to understand why the dealer wants to harvest with contracts:
1. Harvesting requires finding opponents, that is to say, if the dealer wants to sell a coin, someone has to buy it. Now no one in this market is willing to take over the spot of the counterfeit coin. No matter how much it rises or falls, retail investors' willingness to buy is very low; but many contract traders are willing to short, and the dealer blows up the short sellers, and their liquidation is "buying", which is equivalent to converting the air force at a high level into buying orders.
2. The liquidity of contracts is several times that of spot.
3. Because of leverage, the dealer's capital utilization is extremely high.
4. As long as the circulating spot is under control, the contract can be operated at will.
In fact, the main thing is to look at the changes in contract positions (open interest). I tried to trade this method on FHE and COW in the earliest days, and the final result was drinking soup with the dealer. If you are interested in improving your trading level, you can come to my live broadcast.
It can be seen that Siren has been repeating operations since April, and repeatedly "accumulating short orders and reversing the short squeeze" in terms of contract positions. This is also a presentation reason for the so-called wave shape. As long as someone enters the market to buy orders, as long as there are still stubborn short sellers, this gameplay can continue. This willing Ponzi scheme has become Siren's left foot stepping on the right foot to pull the market.
Here Siren really has to thank BNBchain for providing liquidity. Relying solely on their busy adding V3 pools, the K-line would be very outrageous if it was not equipped with a pool of sufficient thickness for this pull-up speed.
VI. Investment Considerations (not financial advice), maybe there is a real chance to go to the moon
VII. Fun Communication: Meme and slogan suggestions (from Binance Essay requirements)
A slogan:
"I am SIREN, not just AI, but also your on-chain trading partner!"
(Too difficult for me, really QWQ)
VIII. Operation: Current operational considerations for $SIREN, active market manipulation worth paying attention to
In the current situation where the "AI+Crypto" narrative continues to heat up, most projects are still in the PPT stage, and $SIREN has already given a practical and usable product, and with the dual drive of Binance Alpha ecosystem and community consensus, it has run out of a highly recognizable AI leader route on the BNB chain. At least for now, Siren is considered the AI Agent leader on the BNB Chain.
Secondly, it is a consideration on the K-line. Currently, Siren is showing a high-level triangle, and the contract position has also begun to decline. It cannot be regarded as a very good entry position. At the same time, the dealer also needs to consider returning funds to prepare for the next spot, after all, the liquidity of the secondary market is what every meme wants.
Based on the current liquidity range, if it can stand above 0.142 in this triangle formation, then it is basically not a problem to explore the previous high again in the future, and once it starts to rise, it will be very rapid. At the same time, you can pay attention to the subsequent operations of the BNB chain to see if it will provide liquidity support. For retail investors, this is a lower slippage and smoother K-line. For the dealer, this is real money.
If it falls below 0.14, then you must consider conservatively and observe the position of 0.05-0.07 below the neckline of the double bottom structure. If it really pulls back here, then you can indeed consider playing a big one.
So, this is the end of the analysis of Siren. Thank you for reading. If you think what I said is somewhat informative, I would be very grateful if you could give me a free like, comment, and repost. These are very important to me, thank you! 👍
