I woke up in the morning and had some of the melon from last night, while also supplementing my knowledge base on HPV. I don't know either party involved in this matter, and I don't take sides.
However, I can't help but reflect that the advice I previously gave about "not getting involved with women from the crypto world" is gaining more validity.
If this were to happen outside of the circle, it would probably just get shared as a PDF in friends' WeChat groups and quickly die down. But within the circle, with Twitter being a major weapon, the impact has already gone beyond what the parties involved can control.
After all, when something gains traction in the public domain, it means there are interests to be gained, and more people want a piece of it. At the very least, even the chicken leg meal that Jack Ma sends out every two weeks could become a bit bigger.
Unless it’s for the purpose of getting married, it’s best to avoid getting involved with people from the circle for casual fun. Of course, young people driven by desire will definitely not listen, so every once in a while, such drama will resurface. Let's see.
Some friends came to ask me if I am still optimistic about the future of @BNBCHAIN and some of the coins I liked before, and some of them can't hold on any more.
I will roughly update the status of the holdings on Bnbchain:
$B is still optimistic and held. Although the heat and discussion of @BUILDonBsc_AI in this competition have been diverted a lot, as one of the referees, they are issuing reports every day. As long as USD1 is developing and there are no more powerful projects challenging the position of Longyi, I will continue to hold. At present, some positions are used as LP. Anyway, it is a volatile market, and it is comfortable to earn a few thousand dollars of passive income every day.
$Skyai is still optimistic and held. I hope that their functions will be more complete and down-to-earth, and they can enter the daily workflow.
$Jager will continue to hold and receive dividends every day. Recently, I see that they are actively preparing for cooperation with projects on Bnbchain and working hard to promote their Bnb 10,000 dollar concept. They are working hard, so I will continue to hold it.
$Janitor is a potential project recently discovered, and I continue to be optimistic and hold it. Every time I review their Ai Agent, I can see some changes, and the evolution speed is quite fast. For example, today I found that it has set up an automatic screening reply to give unfixed airdrop rewards to KOLs who called the project on Twitter early, and there are obviously more interactions. In the future, everyone shills the projects on bnbchain and remember @JanitorBNB, maybe you can receive rewards.
I didn’t touch $BC and $Cousin, which everyone had fun playing these two days, and it was also because I didn’t sit and sweep the chain because of the increased rest time. I won’t chase the second stage of this kind of emotional disk that didn’t enter at a low position, after all, the ceiling of the emotional consensus disk has never been higher after the white cloth wave.
It’s better to miss than to be trapped.
In addition, I have also found some interesting new targets, but I haven’t decided whether to take action yet. If I am sure, I will share it on Twitter.
Compared with rushing N CAs in a day, I really enjoy the sense of accomplishment of entering after careful investment research and then holding on to accompany the growth.
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A few more words
@BNBCHAIN will definitely have more market in the future, because don’t forget that the sponsor of this event is @worldlibertyfi, and they are not idle.
Just now, their $WLFI also transferred 400M to other wallets. This big truck looks like it is not far from TGE (fortunately it is not issued on Bnbchain, otherwise it will suck a lot of blood)
The market will continue to be attracted by WLFI, and the USD1 sector should also benefit. More teams that want to share mindshare will come to Bnbchain to launch projects and build. I have heard a lot of similar voices in recent days.
Good Dev teams chase liquidity like experienced shepherds. Bnbchain is obviously much better recently.
CEX is too boring recently, and I have no interest in participating in the game of dog dealers cutting people. It is still more fun on the chain.
It's quite funny, a foreign girl has sent me private messages several times over the past couple of days, saying she can help me retrieve on-chain assets. Because there are so many scammers on TG, I didn't pay much attention to her until today when she said 10 ETH has been unlocked in my wallet.
I was very cautious and repeatedly confirmed that indeed 10 $ETH had been credited before I started to ponder what kind of scam was so impressive? While others are reluctant to part with their children to catch wolves, she directly sent the child into the wolf's den, what was her plan?
Her explanation was that I had deposited ETH in Edgeware 5 years ago, but I didn't remember doing that. To prevent the scammer's tricks from exceeding my understanding, I specifically asked @evilcos to help me verify (Yushen is really reliable 🥰).
In the end, the result turned out to be:
Five years ago, in order to receive the airdrop from @PlasmaFDN, I used 10 ETH to choose the longest lock-up -- 5 years. I really completely forgot about it! And the way Edgeware and Plasma distributed tokens by locking ETH was almost the same, the foreign girl thought I had deposited in Edgeware.
In the end, I sent her a bit of ETH as a reward; their method of helping people retrieve lost/forgotten on-chain assets and getting rewards is indeed a win-win.
After the excitement passed, I felt a bit gloomy again, why didn't I just lock up 500 ETH at that time? That would have been a direct 10 times.
Back then, many friends around me had 4-digit $ETH in their wallets, after all, it was only $240 each, just like $BNB being everywhere (at $17.5).
It seems that only forgetting or being imprisoned can fully hold onto it 😂😂😂
I previously wrote two tweets about @ResolvLabs. I initially had moderate expectations, but unexpectedly, it not only got listed on Binance Alpha but also on contracts, OKx, and Bybit, which is an unexpected gain.
At that time, I was a bit worried about their mechanism that required two weeks to unlock, but now I see that unlocking on May 27 and receiving on June 10 isn't too difficult, especially since Binance only started contracts on the 10th, making it a perfect fit.
To be honest, there are now more project parties that can hype things up, but the real skill lies in their ability and level of cooperation. Recently, I even heard about a novice project party being misled and almost paying 3 million dollars for Alpha😂😂😂.
From a DeFi perspective, this protocol has a certain appeal for traditional financial funds looking to enter crypto from Europe and America because the logic is relatively simple: all assets are deployed in ENA, along with an insurance pool to bear risks and earn 30% returns.
After all, quant funds are very common in traditional finance, and it's difficult for them to re-understand Web3. However, if they can start with a relatively familiar path to experience DeFi returns in a one-stop manner, they may gradually follow Resolv to explore relatively more complex asset modules.
I can't predict the short-term price fluctuations after the launch, but with this subsidy tool, it is no longer blind mining for airdrops, which is actually more favorable for traditional funds in calculating returns.
I just woke up and was called by a friend to buy some. I got a bit excited and didn't even look at the ratios clearly. Let me wash my face and post again.
Bulla just opened and directly surged to 250m, now it's around 150M.
The economic model is also out, 15% is allocated for people including presale and new investors (currently there seems to be presale + Aspecta, could there be a launchpool as well?)
The proportions for each part haven't been announced yet. If each part is 5%, and if the market cap can be maintained at 150m, that means 750w can be distributed. Investing 1W could yield an airdrop return of 3700.
Of course, the pools on the chain are still relatively small. Looking at the economic model, they specifically allocated 5% for Cex, and this project is not a traditional fully circulating Meme. Hasbulla himself, the team, the treasury, and the community have all retained a considerable proportion of the coins. Everyone should be careful not to FOMO when rushing in.
I bought some with small funds after the opening, but I'm currently stuck. I can consider how to enter once more details come out.
Are we going to witness the downfall of a red-roofed businessman?
Seriously suspecting that @elonmusk has gone off the rails, even digging up 12 years' worth of Trump's tweets to beat a dead horse, this is childlike behavior.
Could it be that the injury on Old Ma's face a few days ago was really from getting beaten up in the White House? So now he has completely let loose?
Congratulations @ohyishi, your solid work on hardware infrastructure is a significant contribution to the industry, and I no longer have to struggle with those foreign hardware wallets that have poor user experiences and slow responses to issues.
Further reflection 🤔: In the future, founders of products must actively engage as the chief representatives and chief customer service on social media.
The founder's attitude towards things, personal style, and character enrich users' impressions and understanding of the product itself to a certain extent.
Especially when users can interact with the founder through social platforms and receive responses, the experience becomes completely different from a one-way output.
Now we are used to encountering problems on Binance @heyibinance @sisibinance, hardware wallet issues @ohyishi, project problems at Founder, like @haze0x @everythingempt0 @Punk9277 (of course, this should be for genuinely serious issues).
Many official project accounts also actively engage in PR issues, and I have a much higher regard for teams that have this awareness and service mentality, and I am increasingly uncomfortable with the cold, bureaucratic email response methods that foreign teams are accustomed to (like Coinbase).
In this regard, local teams are genuinely much stronger, well done, and keep rolling towards the whole world.
Although everyone thinks that pumpfun's token issuance is like Monkey Land, my personal experience is that the market sentiment is a world apart.
Monkey Land's launch was at the peak of the NFT frenzy, when the faith in the metaverse was at its strongest. @yugalabs was the industry benchmark at that time, and BAYC was the spiritual totem breaking the dimensional wall between Web3 and Web2. Even listed companies were signing agreements to rent their image from holders in that era.
The effects of sudden wealth + celebrity influence + the dream of breaking barriers + grand narratives created the terrifying frenzy of Monkey Land back then.
Does Pumpfun have this qualification? The biggest tumor on Solana has long been a consensus, constantly draining resources, making it generally unpopular from Solana officials to Sol holders. It's no wonder that a bunch of platforms have come out to besiege it.
Besides currently being the number one meme launcher, there’s nothing to brag about in terms of data trends and narratives. The only interest I might have in such a project is to find a suitable position to short it; I wouldn’t even want to touch the token.
Ask yourself: With a valuation of 4-5 billion, why would you want to join the fun for something so disliked? Not only is there private placement ahead, but everything is in full circulation. Is the risk-reward ratio worth it?
In short: There will be liquidity extraction, which may impact the market, but the number of participating players and funds won’t be too many. I believe the draining effect is far less than that of Monkey Land and the $Trump token.
The assets on the Solana chain will be more affected, but there shouldn't be much of a problem on BSC; they can play their own game.
The friend in the group who just finished writing the Alpha resignation report has torn up the report and rejoined.
Now, my little tip is:
Don't claim airdrops immediately because most of the major tokens tend to rise in the second round. First, see how much the anxious sellers have received before deciding whether to claim or not.
Recently, I have avoided several projects with returns below $50 by doing this. And it's not a bad thing; otherwise, if it's a guaranteed $100 every time, it would really feel like a salary, and the uncertainty that comes with the lottery effect would be lost.
Every time I return home, I am overwhelmed by the enthusiasm of my friends, and my sense of happiness is off the charts.
Today I transformed into a human logo wall, trying to give the gifts 🎁 more chances to be in the spotlight. Thank you to the exchanges and project friends who provided these gifts; many of them are really creative and practical, showing their thoughtfulness!
There are also some gifts that are a bit too big and heavy to hang up, but they will gradually make their appearance in the future.
I would like to thank @binancezh @okxchinese @Backpack_CN @bitgetglobal @OneKeyHQ @Stake_Stone @AethirCloud
Yesterday was Children's Day and I wonder how everyone celebrated 🎉. Since everyone has a child inside them, I thought I would indulge myself a little.
I was tempted by @0xcryptowizard and picked up Honor of Kings, which I hadn't played for months. I won about 20 consecutive games in solo queue and reached the rank of King. It felt great, so I uninstalled it.
Playing this game too much hurts my eyes, and I still can't get too addicted as it interferes with writing and making money. Just enjoying the holiday is enough.
In the morning, while walking in the park, I thought about the upcoming strategy:
A portion of the funds will continue to maintain a certain risk exposure in strong chains and strong narratives, hoping that there is still FOMO and capital accumulation in a specific battlefield. ( @BNBCHAINZH USD1 narrative, AI narrative, Kaito system )
A portion of the funds (the majority) will focus on stable income defense, aiming for passive income, even if the market declines, I won’t panic (including holding BTC, BNB, and various USDT), participating in various CEX benefits distribution, chain new listings, deposit interest/earning points, and various arbitrage opportunities.
A portion of the funds will mainly focus on small bets for big gains, entering some potential targets with low market cap, such as the previous $Candle $Labubu $King and some tokens on bnbchain, as well as high-quality tokens on @virtuals_io genises.
The rest of the altcoins that might be okay but lack strong narratives will be put on hold for now, waiting for a more certain market condition to re-enter, such as RWA, GAMEFI, etc. After all, the current market liquidity is still limited, and in the future, it might be possible to get better prices.
Actively ambushing high-quality tokens that have not yet issued coins, deeply participating in projects before their TGE through various methods such as word-of-mouth digging, capital digging, and manual digging. This kind of participation yields cash flow; the odds of value are good at any time, but the previous method of just grabbing tokens may not work anymore, and one needs to adapt to new formats.
In the future, besides hedging with perp-dex, I will reduce contract operations. A review of the past month or two shows that the big money was made from discovering on-chain Alpha. Contract operations need timely attention to market changes; if there isn't enough energy, it's better to simplify; one cannot catch every fish.
Reduce the frequency of calls and try to conduct in-depth interpretations of the targets I deeply believe in and hold heavily (1%+), with a beginning and an end, rather than just shouting without regard for the consequences.
Here, I remind my readers that I will focus on the progress of many projects, but it does not mean that I am necessarily holding them at the moment.
Because the fundamentals of the project and the secondary price may not be directly linked in the short term, for example, $Huma @humafinance. Both @Wuhuoqiu and I think the project is decent, but the generous airdrop strategy will inevitably lead to significant continuous selling pressure. After a short-term market focus, there will also be a shift in attention, with funds withdrawing to chase other hotspots, causing pain, along with the impact of the secondary market.
However, if the market turns around in the future, I will consider placing it in bottom-hunting targets. So, some of the projects and tokens I mentioned are not necessarily a call for everyone to immediately bottom-fish; I hope everyone can have their own judgment ability and be responsible for their own wallets.
Just sharing casually, typing on my phone might be a bit messy, but please bear with it. I hope everyone has a good harvest in June, bless.
Today, the girl walking in front of me has really long legs 🦵🏻, she doesn’t even need to pull them, the proportions are unbeatable, and the yellow leaves are pleasing to the eye.
This entire wall of Bitcoin white papers gave me a great shock when I first stepped into the blockchain world.
I am quite grateful to Alan @jaydenw3i and the Australian blockchain pioneers for hanging such a piece in their office nearly ten years ago.
That shock and almost fanatical attitude made me seriously go home and spend two days reading the Bitcoin white paper to understand what this thing, which is often referred to as CX in the country, truly is, and to grasp the essence of currency.
The concept of 'Bitcoin standard' deeply resonated with me and my initial impression of entering the industry is greatly related to the people I interacted with; otherwise, I wouldn't have been able to hold on to it.
I am very happy that some of those people are still deeply involved in the industry. Today's event is about to start, and the champagne 🍾 and gifts 🎁 are already waiting.
Previously in the morning report, I specifically mentioned @farcaster_xyz, encouraging everyone to activate it after trying it out and binding their wallets, as it seemed like they were about to make a move.
Sure enough, they started actions yesterday, first offering an NFT giveaway for the first 10,000 subscribers to the pro plan (annual fee of 120), and today projects began sending airdrops to NFT holders.
Just now, the airdrop price reached as high as 120U, directly covering the cost, and is currently at 101U.
It feels like this white European and American elite Socialfi platform, which has been dragging its feet for several years, has finally realized it can't wait any longer. To attract attention and users, there will likely be a wave of wealth effect in the early stages. Those without an account can go get one to avoid missing out.
Portal: https://t.co/rcheKFGAbK
Everyone who has registered is welcome to follow me back:
There have always been people asking you why you don't call it Long Er, is it because of bias? Let me explain a few things briefly.
One important reason I don’t call it is: If I call it, some coins might reach their peak, and they would be overexposed.
It’s important to know that most of the Long Zi and Long Sun are aiming at those who missed out and are anxious about Long Yi. In situations where liquidity is not sufficient, not many project teams have the vision to really aim for a big outcome; their goal is to take profits as they come.
Look at the situation after every big Doge moment before: after $Trump came $Wife Coin, after Mila came $Pepe, after $Moodeng came various strange frogs, and besides $Doge when liquidity was extremely abundant, there was also $Shib, and besides $Orid, there was also $Sats. In most cases, Long Er is pretty difficult.
Recently, many KOLs have shared the same viewpoint: How can a coin I shout out, even with a clear address, just get overexposed? ( @connectfarm1 has said this, Maojindao has said this, and there should be many others who have as well.)
Because many setups in the front row are precisely targeting the head of the car, or the following orders/fans/liquidity brought in by the head of the car. This logic is similar to the situation before where people were waiting for CZ to flip the card.
The wealth effect on @BNBCHAIN has just started, and I currently judge that liquidity is not good enough to be extremely abundant, which can support Long Zi and Long Sun to take off significantly. So for project teams I don't understand, and when the narrative doesn’t have a particularly unique and convincing angle, I will be very cautious to shout, and I would rather miss out.
Of course, me not shouting does not mean that I can't play; if the market cap is small, there’s no problem with aiming for big gains with a small investment. If the position is good, I will also play with a small amount, but it must be timely profit-taking.
If the market cap is already high, then asking me to take over the second stage because of the concept of 'Long Er,' or even to call my fans to jump in, is impossible. If the project hasn’t surged to Alpha, then a major influencer shouting is basically the ideal exit point.
So I might as well patiently wait for the next project that I feel has its unique angle and potential to reach 100M before I shout, there will definitely be one.
Since yesterday, I've seen many people discussing whether this Binance Alpha coin from OKX is worth getting into. I just spent a few minutes researching it.
For seasoned DeFi users, this isn't just a simple function. To be precise, it’s essentially a rebranded version of the LP pool addition feature from @PancakeSwap, wrapped in a new shell by OKX, making it more intuitive, improving the user experience, and making it more convenient for mobile operations.
Recently, @BinanceWallet's straightforward maneuver has indeed troubled other CEXs, and OKX's development of this product to boost daily active Alpha users shows they are really trying hard.
Let's get to the conclusion: 1. This strategy is most suitable for a range that is continuously oscillating; otherwise, you might either sell your coins too early, resulting in smaller returns than holding, or you might get a bit of a coin and lose more. It only makes profit if it keeps oscillating within the small range you've set for a longer time.
2. Don’t just look at the high APR; some coins can bring disaster to you if you are too eager to chase them, especially VC's new coins.
3. Choose those that have been running the longest, have the largest and most stable pools, or have the highest potential for future secondary market movements – I’ll explain the reasons later.
4. If you’re worried about the coins you hold selling too low, you can buy some USDT to form a pair for trading, for example, I bought a part of $B this morning to trade.
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Currently, I only dare to invest in 3 projects in this area:
1. $zkj Reason: This team is genuinely wealthy, directly increasing the pool thickness to 23M, leading the pack, earning about $300,000 daily just from transaction fees. So they don’t really need any favorable news such as futures or spot trading; they can just maintain their position without much motivation to do harm.
2. $B Reason: I specifically analyzed it in this morning's post. My mental preparation for buying into LP with USDT is that I will probably sell out of the range, essentially passively selling my goods. I don’t know when $B will take off, but if it oscillates around this position for a bit longer, I can earn some extra returns. But I won’t do LP with all my coins; if it truly breaks out of the range, I will sell everything off. https://t.co/RSPfR65PTW
3. $B2 Reason: I’ve talked about this team before, they show very clear signs of support, indicating a strong determination to climb the Binance ladder. Based on historical data, coins that maintain sideways trading for a long time tend to be relatively stable.
I looked through the data, and currently, B2’s trading volume and number of traders should be quite stable, second only to $zkj.
Yesterday, the official launched Staking, and it is said that they will use the BNB raised from IDO to buy back B2, and then stake it, which can be seen as actively getting involved.
As for the others, either I’m not familiar with them, or they might need some time to stabilize; anyway, I’m currently not too willing to invest in them.
Additionally, I still have some coins I’m doing LP with on Pancake that have not been included in this OKX list, probably because they think the trading volume doesn’t match the larger ones above, like $SKYAI and $Siren. But actually, performing LP on Pancake has been relatively stable, with decent returns, and the pools are not shallow.