0x阿林

I just saw a super interesting tweet! 😱 This big shot @off_thetarget really broke down the concept of the new narrative clearly.

I carefully studied the link he shared and found that the formula for this new narrative is really amazing! It turns out that the current market play is to find a super influential soul to call the shots, then pair it with a set of innovative rule settings (whether for trading or asset sides), and finally let the upstream and downstream products quickly follow and imitate this set of rules.

To be honest, I had a vague feeling about this pattern before, but I hadn't summarized it so clearly. Now that I think about it, the recent hot projects are basically all following this model. First, there is a super charismatic KOL on stage, then some seemingly novel gameplay is launched, followed by various imitation projects and trends popping up like mushrooms after rain.

This model is indeed very powerful because it captures several key points of human nature: authority worship, desire for innovation, and herd mentality. With the endorsement of a soul figure, people are more likely to believe; with innovative rules, there is a reason for speculation; with rapid following, a heat and FOMO emotion is formed.

But to be honest, as an ordinary investor, it is still very important to see through this logic. At least know when to get on the bus and when to get off! 🚗

I saw an operation today that really left people stunned! There’s an old guy who might be the most eager person in the world for ETH to crash🤣

This operation truly shocked me. This big shot directly invested $174,000 to buy 6,000 ETH put options when ETH fell below $4,300 early this morning, setting the strike price at $4,250, and it's a short-term contract expiring today 09.06.

To be honest, when I saw this news, I thought this old guy was really bold. This is clearly betting that ETH will continue to plummet below $4,250. But now, with less than half an hour left until the option expires, ETH is still firmly standing around $4,300, showing no signs of dropping below $4,250.

It really looks like it’s going to end poorly; it seems like over a hundred thousand dollars is going to go down the drain. I truly feel for this old guy. These short-term put options are inherently high-risk, high-reward plays, and with such a short time window, a slight misjudgment can lead to total loss.

Indeed, options carry too much risk, especially with contracts that expire the same day; it’s basically gambling on direction and timing. This big shot might have thought that ETH would continue to plunge after dropping below $4,300, but the market is so cruel; sometimes it just doesn’t go as you expect.

It seems that unless ETH suddenly crashes below $4,250 in the last half hour, this $174,000 will really evaporate completely. This operation has made me deeply realize that trading options requires extremely precise judgment; a small mistake can lead to total ruin.

Today, I'm not going to talk about the ETH market, it's still just fluctuating.

I want to mention something about the fundamentals; this recent surge in ETH is entirely driven by MicroStrategy's rhythm. Including the 140 million USD in ETH from BlackRock the day before yesterday, it really left me stunned.

However, various signs are telling me that ETH is indeed not very optimistic lately. Plus, last night the SEC announced it would review companies that buy cryptocurrencies, which directly scared off investors, and now everyone is hesitant to put money into ETH and BTC.

So my current thought is to stay in cash for now, it's safer. If you want to play, you might consider shorting altcoins, which is relatively safer. After all, in this current environment, chasing highs is really too risky, it's better to wait and see how things develop.

Heaven, I went through all the accounts in that list with T3 and above, and it really opened my eyes!
But to be honest, the overall quality is so poor that I don't even know how to organize it into a table, it's simply a disaster scene! The content quality of most accounts is beyond words, I even doubt if I clicked on the wrong place.
However! After my keen eye screening, I still found some relatively reliable accounts with a bit of valuable content. These can be considered the gold found in a pile of garbage, at least they don't seem to lower one's IQ:
@TedPillows @RealPabloHema
n @renzosalpha @MattInWeb3
@CryptoTony_ @bryanross
wins @Rypto_ @C_POTENS
@defi_parcifap @Web3Niels
@thescalpingpro
It really is too difficult to find valuable content among so many accounts, it feels like searching for diamonds in a garbage pile, but in the end,
there are still gains, these accounts are at least watchable, and they won't make people want to quit the internet.
Throughout the process, I really gained a new understanding of the content quality in this circle. Can everyone think a little before posting content?

A sneak peek at the big move I'm about to make—"New Track Global Operator and Rule Maker - Thoughts on Pepper's Game Theory and Strategy"
Doesn't this title sound impressive? Even I feel a little excited about it; I've been pondering these deep topics for a while, and it feels like my thoughts are about to overflow!
To be honest, after holding back from writing long articles for so long, my hands are getting a bit itchy.
This time, I'm ready to pour out my deep thoughts on new track operations and rule-making, and I expect it to be quite a substantial piece of writing.
The case of Pepper is really classic; there are so many nuances from game theory to strategy! I'm planning to analyze it from the perspective of a global operator and see what the underlying logic of those rule-making processes is.
Get ready to be bombarded with great insights! The content this time will definitely be eye-opening.

I had been paying attention to Binance's
LaunchPool, and I found that they were basically open only to FDUV holders before, but a few months ago they started to open it up to USDC, which should be the result of a collaboration with Circle.
This time Plasma SXPL is really impressive, the participation amount skyrocketed to 1 billion dollars, and I think this is the first time Binance Earn has opened on a large scale to USDT holders. The airdrop scale may be close to 100 million dollars, and this number is indeed mind-blowing.
To be honest, exchanges are really the largest scene for stablecoin circulation. I have always believed that these large exchanges play a super important role in the stablecoin ecosystem, and this data further proves that.
USDT holders can finally participate on a large scale in
LaunchPool, which is indeed a good signal for the entire ecosystem. Before, we could only watch eagerly as FDUV and USDC users got in, now USDT users can also get a share.

I took a look at the conditions for this empty investment qualification, and I find it quite interesting!
First is the testnet users, which I think is super reasonable! After all, those willing to tinker on the testnet are genuinely helping the project team test bugs with love. I have participated in a few projects' testnets before, and although I found it a bit troublesome at the time, it really seems worthwhile in retrospect.
Then there are the participants of the trusted setting ceremony, which sounds really prestigious, doesn't it? Users who have participated in such ceremonies indicate a certain understanding of the project's technical foundation and are willing to spend time supporting the project's infrastructure.
The active speakers from Season 0 and Season 1 of the Mad Yaps event, I find this particularly interesting!
They are probably the kind of users who are very active in community discussions. Being able to participate from Season 0 and remain active shows they are true early supporters and community builders. These users definitely deserve rewards!
Finally, the holders of the 'Roaming Whale Shark' NFT, just hearing this name feels really cool! Users holding the project's NFT indicate confidence in the project and a willingness to invest real money to support it. Plus, the concept of whale calves feels like those big players swimming freely in the ocean, hahaha!
In summary, these conditions cover technical contributors, active community users, early supporters, and investors. I feel it's quite comprehensive. But now I just want to know, how many people can actually meet these conditions?

Today I was really lucky, I visited a garage coffee in Hong Kong and met a lot of amazing friends! We mainly talked about my understanding of the crypto and stock market.

To be honest, I think what everyone sees now is just the tokenization of stocks, and this operation is indeed quite fresh, but this is definitely not the ultimate form of on-chain brokerages. What should the real focus be?

My understanding is that the core value of on-chain brokerages is actually to support the exchange of diverse assets simultaneously, and also to help those cryptocurrency companies achieve securitization. This is the real big move!

Many people might still be confused, thinking that moving traditional stocks on-chain is all there is to it. But I think this is just the first step; the real opportunity lies in breaking down the barriers between various assets, allowing the crypto world and traditional finance to truly integrate.

This trend is indeed worth paying attention to, but everyone should not rush to get on board, after all, this track is still in the early stages. Personally, I believe that whoever can first achieve a complete closed loop of diverse asset exchange and corporate securitization will dominate this market.

I have been following the DOLO project, and I really didn't expect it to hit the spot market so quickly. As a project of WLFI's CTO, DOLO indeed occupies a very important position in the core foreign circle of @worldlibertyfi. This move has truly left people a bit stunned.

Now I feel like I can continue to observe the performance of $DOLO's products, especially the data on the WLFI APP. Moreover, I sense that there may be more USD1 concept cryptocurrencies listed on Binance in the future, and this trend is quite apparent.

I have been pondering a question: for an on-chain ecosystem, the most critical aspect is still the liquidity of the listings. Based on the current situation, this judgment should be correct. DOLO's successful entry into the spot market is largely due to its importance in the ecological niche, along with the backing of WLFI.

To be honest, projects with a clear ecological background are indeed more reliable than those that are purely speculative. However, we still need to continue to observe its actual performance, as getting listed is just the first step; the subsequent product rollout and user growth are key.

Wow, 0G @0G_labs, this operation really left me stunned. They have played "Ice Cream Studies" to such a level.

They said: We do not produce ice cream, we are just the transporters of ice cream—but today we are transporting attention. 😋 This statement really has some substance.

Over there at the venue, marketing genius @Jtsong2 (Head of the Chinese region) and @vanessaaal7 teamed up, holding cups of "life-saving" ice cream, attracting crowds like crazy. I am really impressed, this tactic is too powerful.

In the summer heat, who can refuse such adorable 🐼 ice cream? Anyway, I completely surrender; this wave of marketing is truly brilliant.

I found the presale analysis of this Lombard project quite interesting. This is the third phase project of BuidlPad, and I think it's worth studying thoroughly.

First, let's talk about the positioning of this project. Lombard mainly focuses on a liquid staking protocol for the Bitcoin ecosystem. In simple terms, it allows you to make use of your Bitcoin instead of leaving it idle, enabling you to stake it for returns while maintaining liquidity. This sector is indeed quite popular, as everyone is looking to make their assets work for them.

From the project's background, Lombard has chosen to conduct its presale on BuidlPad, and previous projects on this platform have performed relatively well. As a third-phase project, it should have undergone some selection and review process. However, I still need to further understand the specific team background and financing situation.

This move is indeed very interesting; the Bitcoin ecosystem has been very hot recently, with various Layer2 and DeFi protocols laying out strategies in this sector. If Lombard can carve out a niche in the liquid staking area, there is certainly some room for imagination.

However, participating in a presale comes with risks. I believe it mainly depends on the project's specific strengths, including technical solutions, team experience, and financial strength, which are all hard indicators. Additionally, it's important to pay attention to the specific participation methods and time nodes to avoid missing critical timing.

Overall, this project is worth attention, but whether to participate depends on more detailed analysis. After all, in presales, both returns and risks coexist.

My temper has not been great these past two days, and hearing some comments really made me laugh.

Some people say there's a problem with my fact-checking, but the core content of my tweet is just saying that changing the creator's earnings address is due to the CTO creator fee, and not some other reason for pump manipulation, right? I'm just curious to confirm whether changing the address is equivalent to an official pump operation, that's all.

It's really true that nowadays you can say anything and it can be misinterpreted. I just want to understand this logic. This whole situation has indeed left me a bit confused; it's clearly a very simple matter, so how did it get understood in such a different way?

Somnia's recent actions have really left me dumbfounded. The issue is not simply about counteracting, but rather their expectations management for the airdrop is extremely poor.
To be honest, I'm not surprised by Somnia's counteraction, but what truly shocks me is that this counteraction was actually meticulously designed by them!
Let me first explain the basic situation. The airdrop ratio is ridiculously low, and it also requires locking. The share allocated to community users is only 4.1%, with only 20% unlocked at TGE, which means TGE actually only distributes 0.82%. The remaining airdrop requires completing a 60-day task to unlock, isn't this just exploitative?
Other rewards are also pitifully low, with Discord only giving 0.38%, and Kaito's rewards are also negligible. I really can't believe this; such actions are simply exploiting the enthusiasm of community users.
Indeed, many project teams now like to play this game, first painting a big pie for you, making you think the airdrop will be very rewarding, only to find out that there’s very little and it comes with various restrictions. Somnia has truly taken expectation management to an extremely poor level this time.
I believe this approach is detrimental to the entire ecosystem. Users spend their time and energy participating, and the rewards they receive are so little, while being constrained by various conditions. If this continues, who would still be willing to genuinely participate in project development?
This operation has made me skeptical about airdrops from many new projects, and it seems that I really need to be more cautious in the future.

Finally, the day has come! The lottery will be drawn tomorrow, and I am so excited I can hardly contain myself 😭
To be honest, waiting this long feels like I've been waiting for a century. Every day I check my phone for news, just hoping this moment would come faster. Now it's finally about to happen, it feels so good!
Damn, thinking about all those days and nights of waiting, it really was worth it. Tomorrow will be the moment to witness a miracle; my wallet is ready to receive 💰 This feeling is like winning the lottery, my heart is racing.
Warning: this is too good to be true! When the lottery is drawn tomorrow, I will definitely rush over immediately; I can't miss such a good opportunity. I feel like I'm floating, I probably won't be able to sleep tonight 🎉

You can go to the inscription again, there should be some action lately. #铭文 #BTC

Retail investors are still very few in number, while those who survive are skilled at flipping between long and short positions like institutions. I thought that after yesterday's liquidation, the off-market prices would soar, but in the end, it has resulted in a mess of gamblers left behind.

Circle's first financial report shows its stock price has soared over 400% since its IPO. The company's core revenue model involves investing USDC reserves in government bonds to earn interest, making its profitability highly dependent on the Federal Reserve's interest rate policy. Although Wall Street expects it to report losses in the second quarter, the overall performance of the financial report exceeded market expectations, with pre-market trading rising to over $170. The market remains more focused on its growth trajectory and business model. There are diverging views on Circle: optimists see it as the 'AWS of digital dollars,' with a huge potential market and strong network effects. Additionally, the second quarter strengthened its strategic alliance with Binance, significantly expanding its distribution channels and market influence by partnering with the world's largest exchange. Currently, USDC's annualized yield on Binance is approaching 12%, part of which is the marketing cost Circle incurred to scale up, leading to a rapid increase in the issuance of stablecoins by several billion dollars. Pessimists, however, are concerned about declining interest rates, competition from traditional finance and PayPal, high distribution costs, and regulatory uncertainty. The key takeaway from this financial report is whether Circle can prove itself as a 'technology platform' capable of product diversification and international expansion, rather than just an interest-rate-sensitive 'bond fund.'

Where are the bulls?