#pizza# More than 10,000 addresses have been airdropped, and transactions have already begun~ The orders I have seen so far are about 4U to 5U, both from OKX and UniSat.
Regarding the cost issue that everyone is concerned about, I have looked at several recent distribution transactions, 2375U / 880, which is about 2.7U per address (only distribution transactions, not counting previous mint and transfer inscriptions)
Don't worry, the airdrop speed is very fast, distribution transactions can be parallel, each distribution is nearly 900, and each block can pass two to three groups of distribution transactions. There should be no problem after the airdrop today.
🚨 What happened in crypto in the past 24 hours? 🚨 (June 07)
• $BNB - Binance announced the launch of $IO Launchpool. Trading will start on June 11th.
• $CFX - Joined China's Belt and Road delegation and signed MoUs with AIFC and Aral Petroleum Capital. (Conflux and AnchorX plan to launch AxHKD stablecoin in Q2)
• $CPOOL - Clearpool has revealed Base chain or Coinbase related announcements.
• $GME - Roaring Kitty will be live on June 7th at 16:00 UTC.
• $INJ - Injective released the first comprehensive paper on $INJ , detailing the token's utility and deflationary mechanisms.
• $JTO - @phantom partnered with Jito to launch native liquidity staking on solana. • $SAND - Sandbox has raised $20 million via convertible notes co-led by Kingsway Capital and Animoca Brands. • PANDORA - Pandora has released a beta version of its ERC-404 Launchpad. 5% of each token issued will be airdropped to $PANDORA holders • $PHA - Phala Network announced that multi-AI agent bots are coming to Telegram, and $PHA just entered its fifth halving period. •#RSS3- RSS3 founder @JoshuaRSS3 hints at Google getting an RSS3 node up and running. • $ZEN - Horizen presents a strategic technical plan to migrate $ZEN and EON. Voting begins on June 18. • $ZIL - Zilliqa hints at an announcement tomorrow.
The price behavior of the market is formed by capital manipulation: Wyckoff believes that the changes in market prices are dominated by a group of influential participants - Composite Man, who influence market trends through the operation of large amounts of funds.
Price behavior reflects the relationship between supply and demand: changes in prices reflect the power comparison between buyers and sellers, that is, the buyer's demand and the seller's supply. Both price increases and decreases are direct manifestations of changes in supply and demand.
Price behavior shows rhythm and periodicity: changes in market prices are not random, but have certain regularities and periodicities. By analyzing historical price data, these periodic changes can be identified, thereby predicting future market trends.
These three laws are the basis for understanding and applying the Wyckoff Method, helping traders better judge market trends in the crypto asset market and make more accurate trading decisions.
🗓️2024 Cryptocurrency June Calendar Mark your crypto events! June 3: $CEEK - CEEK 3.0 June 3: $DUSK - 3.5M EUR bond issuance June 4: $MINA - Berkeley upgrade June 4: $MPL - SyrupFi launch webinar June 5: $ATOM - V17 upgrade June 5: Coinbase Smart Wallet launch June 6: $FRONT - Selfchain mainnet June 10: $RNDR - Apple WWDC 2024 June 10: $ZKJ - Polyhedra staking June 11: $FET - ASI merger June 12: US - CPI June 13: $STX - Stacks showcase June 13: Bithumb - delisting decision $ALEX June 13: $AR - AO token launch June 14: $CHZ - Euro Launch in 2024 June 14: $CYBER - Mainnet Staking June 18: Bithumb - Delisting Decision $GALA June 18: $XLM - Mainnet Upgrade Vote June 19: $FLOW - Testnet Network Upgrade June 20: $BNB - Tycho Hard Fork June 24: $MTL - Snapshot June 25: $BTT - BTFS Storage Reward Halving June 25: $SD - Super Burn June 26: $THETA - Edge Node Client Release June 26: $FLUX - Fluxedge Alpha Public June 27: First Trump/Biden Debate June 28: $VET - VeBetterDAO Mainnet 🌥️ Token Generation Event 🔗 Token Unlock $APT - June 12 $100 million per day $STRK - $80 million on June 15 $ARB - $100 million on June 16 $UNI - $90 million on June 16 $OP - $80 million on June 30 🔥Major Event Announcement Ethereum Spot ETF Launch $FTM - $S Rebranding $UNI - Fee Switch Approval $GAL - $G Rebranding $APE - Apechain Mainnet $GHST - Gotchichain Mainnet $RDNT - Radiant V3 $ACE - Fusionist Game Release $AIOZ - AIOZ W3AI
Recently, I found out from Douyin that among the products that reap the rich in China, there is a particularly awesome one called Haiyin Wealth, which has reaped more than 70 billion. The amount of funds is secondary. The most important thing is that this fund has lasted for 18 years!
The most amazing thing is that all the underlying assets invested by this company are fake. Unlike Xu Jiayin, who at least has unsold houses to repay debts, this kind of person has nothing. After the thunderbolt, investors can't recover even a little loss. What a pure Ponzi.
When I was a child, I always thought that people who were fooled by the Ponzi scheme were so stupid. Didn't anyone do a careful investigation and throw all their wealth into it to earn interest? They cried and blamed the government after the thunderbolt.
Now I have more experience, and I have seen and played a lot of plates. I found that the Ponzi scheme is also mixed with a lot of human weaknesses. In fact, many people know that it is a plate, but as long as they don't take over, what's the problem?
It can even be said that many economic activities in the world are also based on Ponzi schemes (such as social security in various countries). As long as the plate can last long enough, most people will not feel anything. Why do they have to go to the death to investigate and burst the bubble? Anyway, you can't wake up the person pretending to sleep, so you might as well take a ride.
The people who got on the Haiyin plate earlier have made 8-10% per year (in recent years), and the income is settled every six months. With 18 years of compound interest, they have already made a lot of money.
So the take away of Haiyin is:
1. When an emerging market/market is on the rise, it is worth participating in a strong and rigorously designed plate.
2. When the market/market starts to reach the top and go down, the funds are weak, and even the most powerful and sophisticated plates may burst. Don't be lucky at this time. No matter how high the income is, you must stop. Fund safety is the first priority. If you want to buy, only buy the world's strongest plates, such as US bonds backed by the US government.
3. Control greed, withdraw the principal in time, and let the income fly.
4. The duration of the project can only be used as a plus point. If you really want to invest a lot of money, you still have to do your own DD no matter what others say. You can accept getting on board knowing that it is a plate, but you cannot accept being brainwashed by others and being treated as a fool who got on board.(The SPV registration address of Haiyin is either fake at first glance or a shared office with a table. A little on-site verification will reveal that there is a problem)
4. From time to time, read the three-plate theory written by Pan Ge @thecryptoskanda to improve your understanding and identification of the plate, choose the right time to enter and exit the market, and strive to increase your chances of winning in this huge grass-roots team in the world.
The picture shows the founder of the Ponzi scheme, Charles Ponzi
Puffer is really fighting for TVL! Holding pufETH can directly achieve five benefits! 😂
Currently, it is the fourth chapter of Puffer activities, which should also be the last event before the launch. E brothers can also participate. The current TVL is only 1.7 billion US dollars, not as high as Renzo at that time, but the valuation should exceed Renzo.
Now you deposit ETH in Puffer, you can get the following projects' airdrops:
1. Puffer airdrop. Expected to be issued in June. The expected airdrop yield range is between Renzo and http://Ether.fi.
2. Eigenlayer S2 airdrop. Expected to be issued after September.
3. Olive airdrop. Expected to be issued in Q3.
4. Rivalz airdrop. Expected to be issued in Q3.
5. Lucidly airdrop. Expected to be issued in Q3.
Note that the interaction method is very simple. Just deposit E on the official puffer website. You don’t need to deposit on other websites. As long as you hold the pufETH token, you can get airdrops from 5 projects at once!
A lot of projects are waiting to issue coins in June The projects that haven't issued coins in this market are either those who just want to build, or those who don't have money or good data and can't issue coins
If there are projects that were a little bit popular in the last round and are going to issue coins, there is a high probability that they don't have money to test the market...
With the changes in the industry, here are some suggestions for ordinary investors: 1. Avoid low-financing and no-financing projects, and prefer A16Z and BN financing projects. 2. Do less testnet. At this stage, technology players basically monopolize the market. If your account does not have mainnet tx and does not have enough time to do it every period, you should not compete with scripts. 3. Stay away from OK's main investment projects and do less projects with Chinese backgrounds. 4. Stay away from KOLs who do a lot of projects in a week. 5. Make accounts differentiated, randomized, and real-life portraits. 6. It is better to focus on one good project than to do a lot of projects.
cysic_xyz received $12 million in Pre-A financing led by Hashkey and OKX Venture. Although the valuation has not been disclosed, I personally believe that the "hardware acceleration" track, connecting ZK+DePIN+AI, can support a very considerable valuation in the long run. The reason is simple: 1) ZK zero-knowledge proof technology will gradually become the core technology for trusted connections between chains. When building a distributed Prover component system, the demand for ZK computing density, lightweight, and low energy consumption will gradually increase. ZK hardware acceleration can help ZK become the infrastructure of the entire chain ecosystem from the hardware level, consolidating the proportion and status of ZK in the current blockchain infra. In terms of Web3, ZK hardware acceleration will become a rigid component in the "chain abstraction" direction of full-chain interoperability. Currently, due to the limitation of hardware performance, ZK is limited to simple consistency confirmation based on proofs such as SNAKs. If the computing and verification performance is improved, the potential of ZK technology will be further released in the future in the direction of ZK privacy computing; 2) ZK+DePIN is the main narrative of Cysic. In the long run, it will provide very strong underlying technical support for the AI track, allowing AI+DePIN to truly set off this wave of bull market. Because AI large model training, machine learning reasoning, AI privacy protection and other directions will also have a strong demand for "hardware acceleration". For example, hardware acceleration is used to promote ZK technology to provide privacy protection for large model training, and hardware acceleration is used to enhance the efficiency of machine learning reasoning and reduce energy consumption. From this perspective, Cysic aims to integrate ZK and AI application scenarios through hardware acceleration. Its future service scenarios will span web2+web3, with a broader ecological development potential, and the valuation imagination space will be good.
MON Protocol will become the Nintendo of Web3, publishing and developing its own games and IP, as well as publishing other Web3 games.
Highlights: - MON Protocol has powerful background resources - MON’s token economy is very healthy The focus is on the community, and it is one of the most numerous Tier1 projects. 30% community airdrop 6% community pre-sale 29% ecosystem rewards (Pixelpal+task activities, etc.)
🚨 What happened in crypto in the past 24 hours? 🚨 (May 24)
• Today’s CT Narrative > One of the main narratives post-ETH ETF approval is likely to be RWA and tokenization. $ONDO • SEC has approved the 19b-4 application for a spot Ethereum ETF. The S-1 filing is still pending and is expected to be approved in a few weeks. • Coinbase Future announced support for $BONK, $FLOKI, and $SHIB perpetual futures starting May 30. • Grayscale announced two new trusts: Grayscale® Near Trust and Grayscale® Stacks Trust. $NEAR $STX • Hong Kong SFC in talks to allow Ethereum ETF issuers to stake. $LDO $ETHFI $REZ $SSV • $BNB - Binance announces the second project on Binance Megadrop @lista_dao$LISTA. • $DYM - Dymension Proposal 16, "Lockup Rewards for Locked Accounts", voting ends on May 25. • $FTM - Fantom announces $10M strategic funding round led by hashed. • $GMT - STEPN launches new social lifestyle app - STEPN GO $GGT. • $MKR - MakerDAO has allocated 50M DAI to the sUSDe/DAI treasury, raising the debt ceiling to a new ATH of 450M DAI. • $PRIME - The Parallel team announces a $600K $PRIME commitment over three years following the close of the Wayfinder vote. • $XRP - Coinbase announces Ripple $XRP trading is now live in New York.
Historically and in general, “sell the news” events exist.
However, at least for ETFs, let go of preconceived notions/biases. As BTC has shown, it ultimately leads to price discovery.
The concept of “buy the news/sell the news” for ETF approvals may become less relevant in the future. Market reactions will be minimal and major price moves will be less noticeable.
Simple as that.
If the ETH ETF is delayed, this is a great opportunity to buy the dip
**
The SEC announcement is expected to be released around 4 pm ET tomorrow. For the spot BTC ETF, the announcement was released at 3:45 pm, while other announcements in the past were released around 4 pm.
Currently, 93.32% of Bitcoins have been mined, with a total of approximately 19.59 million Bitcoins.
In 2024, there will be approximately 420 million Bitcoin users worldwide, and approximately 1.5 million people will own more than 1 Bitcoin, accounting for only 0.36% of the Bitcoin users.
Another 6.68% of Bitcoins (1.41 million) will be mined slowly over the next 100 years, until 2140, when all 21 million Bitcoins will be mined. By then, miners will no longer receive block rewards or transaction fees on the user chain.
Of the 19.59 million Bitcoins that have been mined, approximately 6 million have been lost! This leaves only 13.59 million Bitcoins that can be circulated in the market, so at most 13.59 million people own 1 Bitcoin, 1 per capita.
But the reality is not that simple, because wealth will be concentrated in the hands of a few people. We can see from the information on the chain that 1.94% of the wallet addresses hold 92.76% of the bitcoins, and the total number of these wallet addresses is: 1,020,070, or 1.02 million.
At present, the exchanges hold a total of about 1.89 million bitcoins, so at most 1.89 million people in the exchanges own 1 bitcoin, which is only a theoretical number, and in reality it is much less than this. For these 1.89 million bitcoins, we roughly use the 80/20 rule: 80% of retail investors in the exchange only own 20% of 1.89 million, 189×20% ≈ 379,000.
Then the number of retail investors who own 1 bitcoin must be less than 378,000 (1 per retail investor). Under the 80/20 rule, the ratio of large investors to retail investors is 1:4, so the number of large investors is 1/4 of 378,000, that is, 94,500, and the average number of large investors is 16. 378,000+94,500=472,500 people.
Then the number of retail investors who own 1 Bitcoin must be less than 378,000 (1 Bitcoin per retail investor). Under the 80/20 rule, the ratio of large investors to retail investors is 1:4, so the number of large investors is 1/4 of 378,000, that is, 94,500, and the average number of large investors is 16. 378,000+94,500=472,500 people.
🔶 Assuming that the on-chain addresses and exchange users do not overlap (in fact, there is a high possibility of overlap), the number of people who own more than 1 Bitcoin is: 102+472,500=149.25. If we take into account financial institutions and Bitcoin packaged into other public chains, we can conservatively say that there are about 1.5 million people who own more than 1 Bitcoin, accounting for only 0.36% of the 420 million users in the currency circle. It can be said to be rare in the currency circle!
The Shanzhai is indeed too bearish. The comparison chart of Binance's listing price and current price is a sea of blood. Shenyu's words that there is no Shanzhai season in this cycle may be true.
Focus on currencies with low market value, large circulation, and strong and strong currencies
#tru: $148 million market value, 80% circulation, small sector, almost fully unlocked, a16z investment, founder works as Google engineer
#Ssv: $400 million is basically fully circulated, 90% circulation, but has performed mediocre since the Cancun upgrade, eth is mainly because the United States does not want it to pass, and the sustainability of ssv in the staking sector is not very good
#Ygg: He began to explore the transformation of guilds to the infrastructure layer. So basically all games are related to it, and the future is promising
#Polyx: 395 million US dollars, 80% circulation, an institutional-level licensed blockchain built specifically for institutional assets #rwasector
#api: 3 oracle sector, 220 million US dollars market value, 80% circulation
#bome:, sol ecosystem 800 million US dollars, Wall Street capital behind the full circulation,
sol is an American project, and meme has performed the most eye-catching this year
#ondo: 1.4 billion US dollars, 13% circulation, Wall Street capital, Coinbase's RWA project has cooperated with sol. The ondo platform cooperated with BlackRock to issue bonds, and the token will not be unlocked until 2026. The RWA sector is currently favored by large Wall Street institutions, and the intervention of Jewish capital is long-term positive.
Pay attention to the leaders of the RWA sector, including #Ondo, the small market value is almost unlocked #Polyx, and#Tru
#phb: market value of 130 million US dollars, 75% unlocked, ranked 450th, and the strong will always be strong. #btc📷
A0 ~ A9 The mnemonic storage plan for the road to godhood, what level are you at?
A0 ~ A9 The mnemonic storage plan for the road to godhood, what level are you at?
What? Your knowledge of mnemonic storage is still limited to a piece of paper?
How much money you have will largely affect how you protect your mnemonics. If you don't have the necessary life-saving equipment to upgrade and fight monsters, you will be beaten back to the novice village.
OneKey roughly summarizes the four levels of mnemonic security. What level have you reached?
🦐 Common people: below A5 level
If you have thousands or tens of thousands of dollars in your hands, you are probably in the novice village of Crypto. Or, you are a victim who fell from A6, A7 or even A8.
🚨 What Happened in Crypto in the Last 24 Hours? 🚨 (May 20)
• SEC decision on spot Ethereum ETF due this week, with the final deadline for VanEck spot ETH ETF being May 23. • $AEVO - Aevo announces token airdrops for pre-launch traders and $AEVO stakers. The first two projects for Aevo Airdrops are SwellProtocol and @ZerolendFinance. • $ENA - Ethena's USDe stablecoin will be integrated into Bybit as collateral this week. • $FLIP - Chainflip announces slashing of FLIP token emissions. This change will be implemented on May 22. An updated roadmap is expected this week. • $FTM - Fantom proposes a vote for Sonic rebranding and a 1:1 migration of $FTM to $S on May 18. Governance vote ends on the 25th. • $GNO - The Gnosis DAO community proposes a $30 million buyback of GNO. Voting ends on May 24th. • $MEME - Memeland announces the launch of the MON protocol $MON on @Stakeland. • $NOT - Notcoin will launch its first events, products and offers this week. • $PYTH - $900 million worth of $PYTH will be unlocked on May 20th. This is 141% of its circulating supply. • $XEM - NEM developer @Jaguar062 hints at a merger between $XEM and Symbol $XYM.