Binance is about to launch a new MEME coin. In the case of a sluggish market, exchanges frequently launch MEME coins for the following reasons: 1. Traffic competition and user retention. By launching MEME coins with high volatility, low thresholds, and strong community attributes, retail investors are provided with tools to earn high returns in low-liquidity markets, which can help exchanges activate existing users and attract new users in a bear market. 2. Income driven, the high turnover rate of MEME coins can quickly increase the exchange's fee income.
In the short term, the launch of MEME coins can indeed increase market activity, provide an innovative testing ground for centralized finance and TOKEN distribution mechanisms, and to some extent promote the spread of cryptocurrency. However, this has also exacerbated market speculation and risks. The public losses caused by a large number of MEME coin fraud projects have not only damaged the industry's credibility, but also brought huge regulatory risks to the industry. #币安上线1000CHEEMS和TST #BNBChainMeme热潮
Sun Gee enters the meme series, and Ming Lan is coming to take you to experience the waterfall craze! The day before yesterday, Sungai entered the BRC-20 series, and BRC-20 collapsed across the board. Yesterday, Sun Gee entered meme, and all memes collapsed. #Meme However, I am a long-termist, and the number of transactions does not infringe, so I am going to stock up slowly in batches.
I checked the search trends of BRC20 and BRC-20 on Google. The main attention groups are from Australia, the United States, and China. It is not that only Chinese players were mentioned by many people before. The longer I stay in the currency circle, the more I find that if I am not determined The big money holders in the big pie, but for many small retail investors, it is good not to question new concepts when they come out, but to try them with small funds.
NFT Zone I: From the evolution of ERC to the development of art NFT to financial NFT
With the popularity of art-type NFTs over the past year or so, everyone’s exploration of NFTs has become more diverse and in-depth. The application scenarios of NFTs are no longer limited to PFP and various artistic works. For the digitization of assets, As well as market factors such as the need to confirm the ownership of digital assets, financial NFT is expected to become the most widely used application in the NFT field.
Different financial logics have different logical requirements for tokens. This Mid-Autumn Festival, we will talk about NFTs from the perspective of ERC-20, ERC-721, ERC-1155, and ERC-3525, which are closely related to NFTs in the evolution of ERC. development process. Let’s discuss what gameplay methods NFT currently supports, what representative products are currently distributed on the market, and what market segments we can look forward to in the future.
A bear market is not suitable for gambling in the contract market, nor is it suitable for blind bargain hunting. Therefore, deploying airdrops has become one of the few ways to survive in a bear market. The bearer the market, the lower the cost and the greater the return.
For example, we deployed APT interaction in May this year and provided full hosting services to friends in our small circle. As everyone knows, APT brought huge profits to many airdrop players in October, with one account receiving at least nearly 2,400 US dollars.
But today’s “airdrop” track has many projects, and there are very few high-quality projects and well-known airdrop projects. Aptos’s airdrop is not a normal event. It has the highest quality investment institutions in the blockchain and has the highest L1 track financing amount and the most luxurious lineup of investment institutions. Not every project known as web3 can obtain luxurious investment and issue airdrops to users like Aptos. Therefore, how to screen and identify high-quality potential projects is a very important point for retail investors on the road to success.