48ClubIan

Did Sci-Hub issue its own currency?

Every afternoon, health and happiness is all that matters.

The founding directors of Club, including myself, have never received any extra chips.

48Club does not comment on the market trading behavior of $KOGE holders.

For users who bought from the secondary market and held for five years, we can only express our gratitude, with not even a hint of blame.

Many people criticize me, but I do not complain about this chaotic environment filled with mindless remarks. Because the strong never blame their environment.

The weak not only blame the environment but also complain about the strong.

How high can $SPK open? Can it reach a knife?

Poverty breeds cunning, wealth nurtures conscience

After throwing $KOGE and Wintermute
Only your damn air project is innocent
Like a dog thing

Strolled around Binance Square and Twitter

$KOGE Community: "zkj Dog Fund Dump"

$ZKJ Community: "zkj Dog Fund Dump"

Onlookers Community: "The Blue Old Man Conspiracy Group has been plotting for a long time, KOGE dumped 55%, causing ZKJ to crash (down by as much as 85%)"

Truly astonishing stuff

About the price crash of $KOGE on 20250615

Some facts:
The crash was not caused by 48Club dumping $KOGE
The crash was also not caused by me dumping $KOGE
48Club has no business dealings with the ZKJ project party, nor any similar plans
48Club's treasury has never held (or held) ZKJ
I have never held (or held) ZKJ
Binance Research and Binance Web3 colleagues have consulted me separately about the price drop incident, and I have given the above explanation
48Club has never provided a 'low fee pool that requires limitations on large amounts to enter'; in fact, technically it is impossible to achieve this by providing liquidity.

Some opinions:
The details of the events directly leading to the price drop can be found in @ai_9684xtpa's analysis (same number on Telegram)
Alpha assets can be counted as trading volume due to the arbitrage, which is a clear loophole in the rules. I have expressed my views and warned about the risks multiple times in Binance Square and on Twitter.

Some plans:
48Club will hold the second phase of the KOGE trading competition starting on 6.16, lasting for one week. The prize for the last phase was $57996.7872. Please check the official website for specific rules https://www.48.club/trade-race

Some heartfelt words:
Please correctly differentiate between 'being able to see through the conspiracy behind things' and 'being the promoter of the conspiracy behind the events'.

If the person who warns about the risks is necessarily the initiator of the risks, then why should you help up the elderly person you knocked down?

Be a bit more optimistic; don’t always think that everyone is trying to cut you. I have no interest in cutting you; your assets are thinner than the blade I use.

Make a simple prediction: If you traded koge zkj yesterday, you might find that you didn't trade enough today.

The reason is very simple. If you use 100u to buy any coin, the trading volume is definitely counted based on 100u.

But if you use 100u of zkj to buy koge, it may not be counted as 100u. How exactly is it counted? Based on the u price at the time of the trade, or a snapshot of the u price at a certain time of the day, or the average price for the day?

Who came up with this idea?

Individuals do not recommend ordinary users to buy $KOGE for LP

Considering the market heat of 48Club over the past 8 years, 99.9999999% of people in the market have no understanding of the underlying value of $KOGE, why would you buy it?

To brush Alpha, you just need to buy it temporarily and then sell it, why would you buy it?

The game of Alpha can actually be clearly compared to the college entrance examination.

The score line for the college entrance examination is getting higher, not because universities are deliberately making it difficult for you, nor because the neighbor's child is working harder, but because the number of eligible candidates is increasing, leading to fierce competition.

Is the increase in eligible candidates a bad thing? Not only is it not a bad thing, but it is also a KPI.

So how can we expect the competition to ease? Keep pushing it, Azu. Money is hard to earn and it's tough to eat shit; nobody owes you anything.

First, they insulted others and then had the nerve to complain.

$KOGE 10 hours ago, the price was pinned down. I will provide a simple explanation. First, it is not the case, as some people believe, that the project has withdrawn all its liquidity pools. It is very simple to check the pool addresses. I won't say much more.

Secondly, when regular people look at the 15-minute chart, they might think that the price was dumped and then recovered within those 15 minutes. However, if you look at the 1-second chart, you will find that the dump and recovery happen within two adjacent candlesticks, meaning the price recovered in just 2 seconds.

What does this indicate? It shows that this is not a one-off dump and recovery process (otherwise, even bots would need some reaction time), but rather similar to the last price spike to over 5 million dollars, just a small transaction that was statistically included by alpha.

The candlesticks of decentralized exchanges are fundamentally different from those of centralized exchanges. When a centralized exchange dips to a certain price and executes trades, it can be assumed that all buy orders at that price have been dumped. However, this is not the case on-chain.

Add LP:

1. More like a trading behavior than wealth management
2. Slippage needs to be set, and there is a risk of arbitrage if parameters are set incorrectly.
3. Must bear the price risk of two assets
4. Like the yield of all Defi, the yield number from LP can be very misleading
5. The ratio of assets deposited in LP to those withdrawn may (significantly) change, resulting in impermanent loss
6. Some protocols charge a protocol fee (tax) for LP income
#Alpha $KOGE

$KOGE V4 pool routing is not available, so let's continue with V3. Next week, we will restart the trading competition, and as usual, bonuses will be distributed to the first 4800 participants. Trading volumes on PCS and Uniswap V3 will both be counted. Further details will be announced on the official website.

While the person making the complaint is certainly despicable, it is the 'relevant departments' that process baseless complaints and respond to them that are the root of all evil.

Why is the price of $KOGE in Alpha only two decimal places (4 decimal points)?

Rate one in ten thousand, TVL 33.05 million U

$KOGE

There is a Chat in the Binance App, and there is also a Chat Room

Are these two different functions???

Regarding the issue of Alpha $KOGE transactions not reaching low-fee pools, I guess it can be like this:

1. Buy normally through the default channel from the web3 wallet
2. Sell by opening the 1inch dapp that can normally index v4 to sell

Since Alpha's trading volume only counts buys, at least this part of the sales can find low-fee pools.