These past few days have been reminding to hit a new low, perhaps Ethereum will be around 2100, the main contracts have all withdrawn, a decline will be the main theme, any slight rebound is just a temptation for retail investors to enter, short, short is the way to go! Make a killing.
The bottomless pit of altcoin declines is ultimately due to the excessive number of coins. With thousands of cryptocurrencies competing for market share, most will eventually disappear! How many will remain? Empty is the best choice!
The Binance futures trading platform will launch the DMCUSDT perpetual contract on June 24, 2025, at 13:00 (UTC).
DeLorean is an American car manufacturer that has gone bankrupt, known for producing only one model with gullwing doors and a stainless steel body. DeLorean Labs is the web3 branch of the company's ecosystem!
No financing, no background, no utility, and I don't understand why BN wants to list perpetual contracts, which easily creates the impulse to short!
According to @AltcoinAlphaOnX, an over-the-counter (OTC) scam involving multiple cryptocurrencies such as SUI, NEAR, Axelar, and SEI was exposed, with a fraud amount of more than 50 million US dollars, affecting venture capitalists, opinion leaders, and large investors. The scam was operated through a Telegram group for several months. In the early stage, trust was established by fulfilling promises, and then it turned into a Ponzi scheme and eventually collapsed.
The leading party Aza Ventures said that its core trader "Source 1" was the founder of a Binance-listed project, who may be of Indian nationality.
A small bet brings joy, a big bet harms the body. I've made a few meals of pig trotters and dare to show off, hoping that partners facing liquidation will be more understanding! If I offend, please forgive me! Starting today, the editor joins the bulls and betrays the bears!🏃♂️
Today League of Traders $LOT is having its TGE on BN Alpha, with a total supply of 1B. Can we short it?
Background Analysis: The Korean team launched in 2020, it's just a copy trading tool, and CEX has had this feature for a long time, competition is extremely fierce! 3 years ago, they raised $2.4M in Pre-A, with a VC valuation of $18M, 13% token allocation, no new VC in 3 years, suggesting the business volume is not attracting the market.
Data Revelation: 📱 Downloads: Google Play 100K (0 reviews), App Store 10 reviews, real popularity is questionable! (The project rarely boosts downloads in the store)
🌐 Traffic: Monthly average of 37K, bounce rate 50%, estimating real users at most 7K, almost no growth in new users! 📢 Social Media: TG 27K, DC 4K, X 224K, interactions are too balanced, the comments on the TGE tweet are surprisingly not the highest, all comments are positive, suspected of boosting?
Peer FDV Comparison: @zignaly $180M, @kryll_io $16M, @xyro_io $3M, niche track, not much to compete with.
Token Utility: Staking, paid subscriptions, etc.
Conclusion: An old project, no white paper, simple functions, just trading competitions every week, no IT progress at all, unless listed on Bithumb, after all, 90% of Korean users are unlikely to buy from other CEXs. Aggressive: $0.08 short immediately! Conservative: $0.1 gradually build a position!💸
The performance of MAT coin aligns closely with my analysis. The concept of AI L2 has long been debunked by the market, and there isn't a strong contender. The opening was also high, so shorting was the way to go. Here are two points of summary: 1) A few minutes after opening, the price was between $3-$6, but at that time, there were no perpetual contracts on various CEXs, making it impossible to short. Later, trying a small position between $2-$3 was also possible, and now that it has dropped to $1.7, there is profit to be made;
In-depth Analysis and Risk Assessment of the MAT (Matchain) Project (June 19, 2025)
1. Project fundamentals: Contradiction between AI L2 narrative and hollowed-out technology Despite MAT branding itself as 'the first AI L2 of BNB Chain', its technical architecture has significant flaws: 1. Weak technical documentation: The white paper mainly consists of market analysis PPTs, lacking underlying technical details on the integration of AI and Layer 2 (such as ZK-Rollup verification mechanisms, AI model on-chain deployment plans, etc.). Compared to AI projects that have already been implemented in the BNB ecosystem (e.g., MyShell's Agent development framework, REVOX's modular infrastructure), MAT has not demonstrated any technological innovation breakthroughs; 2. Lack of ecological synergy: No mention of integration plans with BNB Greenfield (decentralized storage) or opBNB (high-performance computing layer), while similar projects like NetMind.AI have already realized deep binding with the BNB chain's computing network;
We agreed to control our hands, can we do it? Market shake, slowly losing capital... Watching, Don't believe? Little hands can't stay idle, Only after a liquidation, when the money is gone, Do we realize the importance of communication and win-win cooperation!