Total supply of 1 billion, initial circulation of 15% Direct access to Binance main site Will launch today, July 17
Institutional financing of 24 million, token allocation of 32%, average unit cost of 0.075, corresponding FDV of 75 million, circulating market value of 11.25 million
Token distribution is as follows 32% VC 15% Team 15% Foundation 21% Ecosystem 10% Research and Development 7% Community airdrop
Gork: Caldera is a modular blockchain platform that helps developers quickly deploy high-performance, customized application-specific Layer-2 blockchains through frameworks like Arbitrum and Optimism
An initial circulation of 7.5% of chips will flow into retail investors, accounting for an estimated listing fee of 4% and community airdrop of 3.5%, resulting in significant selling pressure.
7.4 Code filtered out contracts with low market value 7.5 Tweeted about placing orders and waiting I was still thinking that since everything is falling, I'll be able to get in soon
Why does everything look so red today? MYX and IDOL even made it to the top of the gainers list
I believe it will drop again, I haven't gotten in yet, Swallow.
Just yesterday I mentioned wanting to dip into MYX, set at 0.05, but didn't get the chance
There's really no need to short these two coins
MYX's market cap is only 10M right now, I really can’t understand how this price can have a long-short ratio of 0.59. Others at least have gone to Binance contracts, shouldn’t a 10 million market cap be worthy of that? 🤣
I also saw someone shorting MYX at 0.06, with an 8 million market cap still wanting to short, while ignoring a bunch of high market cap coins that are dropping slowly, and shorting a low-cap coin that bounces a bit
GORK is similar, currently at a 9 million market cap. This coin has poor liquidity and hasn’t gone on Binance contracts. Still nothing good to short
Initial balance 100U Current balance 85U Current profit -15%
No Shanzhai met the selection requirements yesterday We can only reheat cold rice~
Let’s talk about H, this single-coin currency, which has experienced a total position loss of 24% over the period, triggering stop-loss reductions twice🙄 Currently, H is definitely bearish, with a circulating market value of 170 million and a trading volume of 380 million on Binance futures contracts. This is a great time to sell, placing a short position with 1/2 of the previous high; if it doesn’t fill, so be it, let’s bet it will explode short first~
Initial balance 100U Current balance 80U Current profit -20%
Today only $BR meets the requirements, and it hasn't reached the point of shorting yet. br This thing basically has no application, but its market value is too low now. It's not suitable to net in with the current liquidity of BR; the best choice is to honestly create an Alpha stablecoin and list it on Binance, then harvest liquidity. Don't think that what happened with $ZKJ last time will completely repeat itself; ZKJ's market value was 600 million, while BR's market value only reached 26 million after a surge.
This experimental position has incurred a significant floating loss; one position has caused the entire account to lose 20%. Normally, I would have stopped loss long ago, but the experimental position is still following the original plan, without full position stop loss and take profit, to see how far it can go.
Initial balance 100U Current balance 76U Current profit -24%
Don't just short because a new coin is going up Yesterday it opened 20% lower than the spot price, there was no cost-effectiveness in shorting, I didn't even open my small position short Just five minutes ago it rebounded 30%, those who chased the short probably got wrecked
Although new coins are generally down, for something like $ICNT, which has a high control of funds, the shorting potential has been halved, from 0.4 to 0.2. But this is a logic-less short; if the market maker doesn't crash the price, it simply won't go down. It's better to focus on projects with significant selling pressure and high valuations where retail investors hold a lot of tokens.
#币安Alpha上新 Total supply 1 billion, initial circulation 18.3%. Binance Alpha launch: 6 PM on July 3rd Contract launch: 9 PM on July 3rd
Institutional financing of 11 million, token allocation 21.5%, single coin cost 0.051, corresponding circulating market value of 9.3 million. Node financing of 13 million, token allocation 20%, single coin cost 0.075, corresponding circulating market value of 13.7 million.
The project party claims FDV is 470 million, single coin 0.47. The cost difference of the tokens is too large, continue to watch the project party's revenue capability.
The project's current annual revenue is claimed to be 7 million, expected to reach 32 million by 2025. Corresponding to a fifteen times price-to-earnings ratio, about 470 million, but the current bubble is too big to support this valuation.
Kong Si Fan Dan Shan Zhai Day 5 Is the Shanzhai season really here?
Today shorted $SKYAI and $NEIRO
SKYAI is currently the leader in public offerings on BSC, with expectations for a listing. There is some promotion for an MCP application, but it seems to be mainly a PowerPoint presentation; we can consider it purely a MEME. Currently, there are 50 million in circulation for a MEME, and it feels like there is about an 80% downside potential.
NEIRO is considered one of the top three memes in this round. Hippos and squirrels can understand this; the owner of Neiro has new dogs, but the new dogs haven't taken off. People can't even afford to eat anymore, so let's get these dogs on the table quickly.
Yesterday, BTC and ETH surged sharply, with BTC almost touching 110,000. All my shorts on altcoins are in the red 😭. I'm begging, I'm begging 🙏, just let me peacefully go to zero~
Initial balance 100U Current balance 84U Current profit -16%
Short Sell Rebound Shanzhai Day 3# Today, the qualifying ones are $SWARMS and $HFT
Both have been shorted HFT, this garbage coin, still has an eighty million market cap, but the actual users are probably less than ten, and large orders are continuously flowing out, purely offloading The market cap of SWARMS is indeed quite low, twenty million, at most it could drop to a few million, still shorting a bit, do not disregard small good deeds
Currently held short positions have no gains, a floating profit of 1U is equivalent to nothing, a bit of fluctuation means a floating loss~
Initial balance 100U Current balance 101U Current profit 1%
Empty Short Rebound Shanzhai Day 2 Today, the eligible ones are $H, $DMC, and $LAUNCHCOIN
I chose LAUNCHCOIN and H
It turns out that the new platforms don't have much to offer; LAUNCHCOIN's current market cap of 150M is definitely overvalued H is a coin that can be shorted or not; for this kind of solo coin without retail investor chips, how high it goes or how low it falls depends on luck, I flipped a coin and chose to short As for DMC, it has tripled from its low, and now has a market cap of only 20M; I really can't see how much profit there is in shorting, I'm still kicking myself for not buying a major position when it was undervalued.
The current short position is just about breaking even Instead, $ZRC, which I didn't short yesterday, has dropped by 30%
Initial balance 100U Current balance 100U Current profit 0%
Kong Fan Tan Mountain Day 1 Selected two from the gainers list $PENGU has already quadrupled from the bottom, holding for a long short $BANANAS31 a BSC meme, with a market cap of 130 million, quite high, $MUBARAK has only over 30 million now, risk-reward ratio maxed out
$ZRC and $SAHARA fees are too high, will check later, should also short
Initial balance 100U Current balance 100U Current profit 0%
Many friends hate garbage altcoins and want to eliminate all shitcoins. I came up with a simple short-selling strategy for altcoins and verified it with backtesting, and the results are excellent! 🥰🥰🥰
Every day at 8 AM, I capture tokens that have increased by more than 30% on the daily gain list. Open a short position at 20% of the market price with 1x leverage. The stop-loss is set at a 50% increase, which will close 33% of the position, keeping the original position, accepting the floating loss. No take-profit is set; I let it go to zero.
The principal is set at 1000 USDT. The profit curve and maximum drawdown are as follows.
The upper part is the fund balance curve, and the lower part is the maximum drawdown. The return in May was good, while in June, there was basically no profit or loss. However, the maximum drawdown is very small, and the risk-reward ratio is quite suitable. The backtesting data did not consider the situation of funding rates, which may have slight deviations.
Therefore, I decided to open a new account for live analysis, but the opening orders will be slightly adjusted: 1. Do not touch the fee tokens during the rising phase. 2. Do not touch small market cap tokens. 3. Do not short tokens that I am optimistic about. 4. Do not limit the increase to 30%; setting it too high may result in not being able to open a position for too long.
This live sharing will be called 'Eliminating Garbage Coins.' I am relatively poor, so I will put 100 USDT from my secondary account for real testing and share live results every day. Everyone is welcome to witness this with me!
Just now, half of the position was liquidated, let's observe for a while.
十一Eleve
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Bearish
Is the market wrong or am I wrong? # $SAHALA is launching today Total token supply: 10 billion, circulating supply: 2.04 billion
Current price: 0.14 Circulating supply: 280 million, FDV: 1.4 billion
Total financing: 57.5 million USD Seed round in March 2024: 6 million, valuation unclear Series A in August 2024: 43 million, valuation 400 million Recent public offering: 8.5 million, valuation 600 million
Haven't seen such a high-opening project in a long time, the contract is still being pulled Yesterday's $NEWT financing was 83 million, peak circulating market value was 170 million, now has fallen back to 100 million
Believe in yourself, start with a base position #币安HODLer空投SAHARA