比特欧 Elvin

Grayscale made another move yesterday. They have released 2 reports this year:
1) Promising altcoins in the first quarter of 2025
2) List of assets to be considered for altcoins

Today, let’s focus on the second report. The so-called list to be considered means that Grayscale is currently looking for some high-quality altcoins to include in their asset list. If so, these included altcoins are likely to usher in a huge wave of capital inflows in the future.

I took a quick look at this list, which contains many low-market-cap tokens. The lowest market value is the AI ​​infrastructure project @flock_io, which has a market value of only 30 million (flock is also one of Binance Alpha). A total of 39 projects were announced in the report, of which 5 projects were unissued projects, namely:
• @hyperbolic_labs (AI cloud service)
• @PrimeIntellect (AI protocol)
• @SentientAGI (AI development platform)
• @SpaceandTimeDB (decentralized data platform)
• @StoryProtocol (on-chain IP)

12 of the 39 forms are related to AI, accounting for nearly 30%. It can be seen that Grayscale focuses on the three main directions of traditional Layer 1, AI and Defi. The following figure summarizes the information of 34 tokens👇👇#灰度基金

【 Which Altcoins Are Linked to American Institutions?】

The chart below summarizes 19 altcoins that are associated with American institutions, which have generally experienced a pump effect in the past. These American institutions can, to some extent, determine the direction of these altcoins.

For example, the tokens ($LINK $AAVE, $ENA, $ONDO) purchased by Trump's organization @worldlibertyfi have had a good pumping effect.

【 A Map to View All Binance Airdrop Activities in May 】
Binance has just announced the launch of the $HUMA Launchpool, marking @binancezh's 18th pig rice event this month and the 3rd Launchpool event, indicating that $HUMA is now directly available on Binance's spot market, offering greater potential than Soon.

The recently launched @allo_xyz has a yield of only around 120u, but the opening trend is quite good, with no significant dumping from airdrops, likely due to the lower participation; this time the oversubscription rate is also lower than in previous rounds.

Next, the most anticipated events should be tomorrow's @soon_svm and the 26th's @humafinance. It seems that currently, the IDO new listing requires a 3 BNB threshold to participate, which is why most retail investors are more inclined to directly take Alpha Airdrop.

Fun Fact: Binance activities in April, a single order can earn 1320u in a month
Congratulations to the users who qualify for both Binance activities today, $MILK opening profit 105u, $HAEDAL opening profit 52u.

Points to note:
1) The profits recorded in the table may not necessarily be the "higher values"; for example, yesterday everyone received 1500 $SIGN, which is currently worth around 165u, and the profits from Binance activities may be greater than we imagine.

2) The table only records the profits from the IDO new token launch + Alpha airdrop activities.

This month's Binance IDO new investment + Alpha airdrop profit, after Haedel and Milk open tomorrow, the total profit should reach over 1300u.

Does anyone know who this is? 👀

A visual representation of Binance's April event timeline, it turns out Thursday is big pig trotter rice day.
Binance started to accelerate the frequency of various activities in April, and I noticed many friends were confused about the timeline of events, so I created this image to help clarify things. Saturday and Sunday should be @BinanceWallet's rest days, with not many activities happening.

The majority of activities mainly occur on Thursday and Friday. If you want to boost your trading volume, you can choose the first half of the day. In the short 30 days of April, @binancezh has already released pig trotter rice on the 15th, and the frequency of airdrops this month is a terrifying once every 2 days. I can only say this month has indeed been very fruitful～

#币安Alpha上新

Comparison chart of 5 financial activities on Binance.
For those who are unfamiliar with the Alpha airdrop and IDO investment rules, you can take a look at this chart I organized. The core point is that both sides need to boost the trading volume of Alpha tokens (cex + web3 wallet), and don’t forget one side while boosting the other.

Please note:
1) Time limitation (transactions made early may not be counted in the snapshot, need to periodically boost)
2) The snapshot only counts the 'buy amount'; the trading volume of sold Alpha tokens is not counted.
3) You must use USDT, USDC, or BNB to purchase Alpha tokens.
4) There are now holding requirements; do not buy and immediately sell to inflate trading volume.

A visual overview of Binance's 5 pork knuckle rice activities (continuously updated).
Binance Wallet @BinanceWallet has just announced the Alpha Airdrop of $DOLO, which can be claimed tomorrow, valued at $260. Last time, a fan asked me to include the Alpha Airdrop in Binance's airdrop frequency calculation. From January 1st of this year to now, it's been a total of 113 days with 36 events, resulting in an airdrop frequency of 113 / 36 = 3.13 days, meaning Binance hosts a pork knuckle rice activity every 3 days.

From the chart below, we can see Binance's recent strategy:
1) Reduce Launchpool / Megadrop (activities with lower yields)
2) Continuously accelerate the pace of activities.
3) Strictly filter the users of the activities, the studio is at a loss for words.
4) Directly empower tokens in the Alpha zone, increasing the value of Alpha.
#BNB金铲子挖矿

Binance's web3 wallet just issued an airdrop of $ZORA, marking the 4th alpha zone benefit from @BinanceWallet. I've compiled some details of these four events in the chart.

The biggest pork rice bowl should be the first airdrop of $PROMPT, valued at nearly 300u. It is important to note that the team has raised the threshold to require trading over 50u in the alpha zone to qualify for the airdrop. To be safe, everyone is increasing their trading volume to 100u to ensure qualification for the next airdrop.

Binance's current pace of activities is very fast. When I did the calculations in my first article at the beginning of the month, the average was 6 days, meaning that on average, Binance has a BNB financial activity every 6 days.

However, in the article I wrote yesterday, the pace has already been reduced to 4.7 days, and most of the activities are focused on new listings. New listings are the most profitable activities. If you're worried about being blocked by the threshold, you can use the Binance wallet more. I think the upcoming threshold might be something like 'the trading amount of alpha' not less than xx or something similar.
$BNB

My living expenses are provided by $BNB, relying on Binance's pig's trotter rice to get by.
So far this year, Binance has held 23 welfare activities for BNB holders, including Launchpool / Megadrop / Holder Airdrop / IDO new investments.

From January 1st until now, 108 days have passed, calculating the airdrop frequency:
• 108 days / 23 = 4.7 (there will be 1 Binance event every 4.7 days)

Many people complain that the profits from Binance activities are just small amounts of tens of U, but calculated, I can get 6-7 portions of pig's trotter rice in a month. If each portion of pig's trotter rice is worth 20U-40U, on average I can get at least 120U of profit per month, which is about 875 RMB of passive income every month.

As a recent college graduate, my monthly expenses are approximately 3000 RMB - 4000 RMB. This 875 RMB can already cover nearly 1/4 of my expenses.
#BNB金铲子挖矿

Holding $BNB for 100 days can earn 21 servings of pig trotter rice? (Continually updated)
In the past few days, Binance has taken four measures, launching new projects in Launchpool, Megadrop, Holder Airdrop, and IDO, allowing $BNB holders to truly enjoy four benefits from one fish! Starting from January 1st, on average, every 4.7 days, one can receive a serving of pig trotter rice from Binance.

From January 1st to now (exactly 100 days), Binance has cumulatively launched:
• 5 Launchpool events
• 2 Megadrop events
• 9 Holder Airdrop events
• 8 IDO launches
#BNB金铲子挖矿

How many servings of pork knuckle rice can you get by holding $BNB for 100 days? Answer: 19 servings.
Just now, Binance announced the launch of Babylon as the new Holder Airdrop. Since January 1st, Binance has accumulated:
• 4 Launchpools
• 2 Megadrops
• 9 Holder Airdrops
• 7 IDO listings
Starting from January 1st, on average, you can receive a serving of pork knuckle rice from Binance every 5 days.

The market is plummeting rapidly. Which altcoins are the most resilient in this cycle?
The chart below covers the peak prices of the top 50 mainstream cryptocurrencies for comparison with current prices. Amid this rapid market decline, it can also be determined which altcoins actually have better support capabilities and fundamentals, and are genuinely willing to support for the long term.

I personally feel that comparing the poor performance of this cycle with the short-term price increases of tokens is meaningless, as a pump can be temporary. Some tokens may have experienced short-term pumps, but cannot maintain their prices long-term. From the resilience shown in this cycle, we can identify which projects are still doing their utmost to minimize the losses for holders in a liquidity-crisis market.
The top 10 coins that are more resilient: $BNB / $TRX
Other coins with larger declines: $ICP / $FIL / $DOT / $EOS

It is worth mentioning that if you are looking for resilient coins, you might want to pay attention to platform coins. The tokens in the table like BNB, BGB, OKB, GT, etc., are among the altcoins with stronger resilience in this cycle.

Did you know you can get a serving of pig's trotter rice from Binance every 5 days?
The chart below records 4 major Binance activities in the first quarter of 2025, which are Launchpool + Megadrop + Holder Airdrop and the IDO new offering of Binance Wallet, totaling 18 airdrops.

The price of $BNB was 700u on January 1st, and is currently around 590u, a total drop of 15% (affected by market sentiment). However, from January to now, holders have received 18 airdrops within 95 days, averaging one serving of Binance activity's pig's trotter rice every 5-6 days.
#BNB金铲子挖矿

If your altcoin losses are less than -33%, you trade altcoins better than the president.

The Trump family organization WLFI has just added two altcoins: $AVAX and $MNT, each purchasing $2 million. Currently, the entire portfolio has spent $340 million to buy 11 types of tokens, but the remaining assets are only worth $220 million, with a drawdown of -33%.

Currently, the coin with the least loss for the president: $TRX (as expected from Sun)
Currently, the coin with the most loss for the president: $ENA

The new SEC chairman Paul Atkins is about to take office. Could the Litecoin ETF be the strongest contender?

In previous years, the time from the nomination of the SEC chairman to taking office has been 2 months. Paul Atkins, who was nominated by Trump last December, should also be close to taking office. This pro-cryptocurrency man has had many experiences related to cryptocurrency, including his speech at the Cardano summit in 2020 and serving as an advisor for some cryptocurrencies.

The following chart shows the 6 altcoin ETFs with a higher probability of approval. Among them, the most cost-effective ETF is Litecoin, which has had applications submitted by 3 traditional institutions and has a market cap of only 6.6 billion. The probability of approval has risen to 90%, and once approved, it will surely cause significant fluctuations in the market.

The chart also lists which traditional financial institutions are involved in each ETF, with Grayscale @Grayscale occupying most of the application positions.

All participating traditional institutions: @Grayscale, @BitwiseInvest, @vaneck_us, @21Shares, Canary Capital, @CoinSharesCo, @WisdomTreeFunds, Rex

Note: The “probability of approval” in the chart comes from Bloomberg analysts.

What happened to the hottest Layer2 track 1 year ago?
Let me first tell you the answer. The average retracement of these tokens from the highest point is -85%, which is considered to be a relatively deep retracement among so many tracks. At that time, the concept of layer 2 was the hottest. On March 6 last year, Long Yi's @Optimism was at its highest price of 4.85, which was also the perfect price to escape the top.

After OP and ARB, some L2 teams with great momentum came out. Even many teams did not originally do L2, but because of the high popularity of the track, they turned to do their own L2. The most popular ones in the L2 track should be:
• Strk (retracement -95%)
• Blast (retracement -99%)
• Zksync (retracement -75%)
• Scroll (retracement -68%)

These L2 projects will hardly allow retail investors any profit margin after the token issuance. The price of Strk is in a mess, ZK reverses the user, and Scroll has a strange airdrop distribution.

The figure below sorts out 21 currencies related to the Layer2 concept (not limited to Ethereum L2), and lists the high-point retracement range of each token. The highest retracement range is $BLAST, and the coin price has fallen by -99% from the highest point.

【 Can some altcoins never break their previous high again?】
GM, I have compiled the high point pullback data of the top 40 altcoins. Compared to Ethereum, which has pulled back -56% from its previous bull market high, some older coins have pulled back by more than -95% compared to the last market cycle.

Tokens with significant pullbacks: $ICP (-99%), $FIL (-98%), $ALGO (-92%), $CRO (-92%), $BCH (-93%)

From the chart below, you can compare how much % your held altcoins need to rise to break their previous high. From the perspective of pullback, some altcoins may still not break their previous high even when the altcoin season arrives. For example, the particularly popular big data Layer 1 token $ICP needs to pump over 116 times to surpass the previous bull market high.