From the perspective of funding rates, BNB has mostly short positions, while other cryptocurrencies have long funding rates. It is estimated that this is the reason why BNB has been unable to rise.
blur and Friendtech are two major phenomena and applications that have become popular in the encryption circle in the first half and second half of this year respectively.
blur features NFt lending and trading. What we trade is NFT issued by the NFT project party.
Friendtech features asset issuance and trading “people”. Friendtech's innovation lies in "asset issuance".
Let the subject matter of the transaction change from "objects/narratives" to "people", thus bringing about a completely different experience.
Using Friendtech, you can connect people from different circles
It gives everyone the opportunity to be an angel investor and validate ideas in the process of identifying people.
The "people" who invest in assets are also the biggest innovation of Friendtech, a phenomenal application.
An airdrop tutorial for getting more fish out of a fish, interacting with LayerZero and zksync at the same time.
Some time ago, everyone was busy using LayerZero.
Today I discovered a better way. This is a way to eat more with one fish, not only trading LayerZero, but also trading zksync. Very simple, two steps in total.
Ethereum will have an important upgrade probably in October, called the Cancun upgrade.
This upgrade is good news for the Ethereum second-layer network and will make the second-layer network faster and cheaper. It is also good for projects on Ethereum L2. Projects on the second-layer Ethereum network will also benefit from this.
In addition, there is a recent piece of information that op31 may airdrop addresses that previously participated in Odyssey, which will bring a certain amount of popularity and funds to the op blockchain.
I believe everyone should have noticed the Odyssey project pika in the OP ecological project. It is Optimism’s decentralized leverage exchange.
I bought some bnb to participate in Binance’s new project. Binance launchpad’s open campus is a new project that is a web3 education protocol platform combined with blockchain.
Education agreement, this is a relatively new sector. This section is also an entry point from web2 to web3. It can attract users from outside the circle.
The open campus project resources are still available. With the support of animoca Brands and Binance, it should have good market performance.
It’s better to participate in Binance’s new launch this time. The snapshot time of bnb is from 8 am on the 23rd to 4.28th. We are now a few days away from the snapshot.
I have new experience in participating in ok games before, so this time I will buy some bnb in the secondary market to prepare.
Currently, I hold agix and CRV. I bought CRV because of the outflow shown before. Today, funds are flowing in. There is some buying, and I am optimistic about the market outlook.
In today's Binance increase list, most of the currencies are tokens that are about to be unlocked, such as AXS, STG, and gmt. The relative lows of the increases of these projects are generally around two to three times.
https://token.unlocks.app/
This is the coin unlocking website.
I found that dydx is also a token that is about to be unlocked, and dydx has not yet risen in its turn. You can consider buying dydx.
The current increase in dydx is less than twice the low. Relative to other cryptocurrencies, the increase has been smaller. It is affected by the number of unlocks.
Because the current focus is on the upcoming unlocking of this sector, dydx can still be considered before it is unlocked.
dydx has relatively not increased much, so I will share this project with you today.
What information is worth paying attention to in crypto in 2023?
1. In Binance’s recovery plan, it is mentioned that two trading platforms will be revived.
2. The Shanghai upgrade of Ethereum has brought people’s attention to the staking track, such as Lido SSV and fxs, which have started to rebound.
3. Litecoin will be halved in August. The consensus of Litecoin’s halving can refer to the timing of previous halvings. Its price peak may occur at the end of June.
4. Several second-layer networks related to Ethereum, op. zksync and arb matic are worthy of attention. You can currently work on projects on OP Odyssey
5. The explosion of the AI track has also become a hot topic in 2023. AI projects related to the currency circle include ctxc, fet, ocean, etc.
I thought of the rise in magic driven by the Beacon.
Recently, Magic has a web game, the Beacon, which is very popular. There have been a lot of playthrough videos. I tried it a little bit. I found that the Beacon is indeed a game worth playing.
Because this game is very popular in the industry, the platform currency magic has tripled due to the popularity of this game.
I think this phenomenon is due to internal factors driving external factors. The emergence of a phenomenal product within the ecosystem has attracted attention to game-related props, and NFTs for game props are mostly priced for magic.
This phenomenon can be understood as an increase driven by an internal cycle.
The hot topic of discussion in the currency circle today is the hacking incident.
According to the information that has been made public so far, the funds of hackers and arbitrageurs have been locked up by Binance.
Hay is a US dollar over-collateralized decentralized stablecoin based on BNb. The price of Hay was severely de-anchored due to the impact of the ankr incident, and the vulnerability has been discovered by the team.
I think there is a very high possibility that hay will return to 1u.
Of the 50 million HAY and 50 million U reserves, hackers took away 15 million. The remaining reserves correspond to the currency price, which is still low at present.
The 15 million hackers took away was exactly 30%. The price of HAY is now around 0.7u. It shows that this part happens to be the funds that have been hollowed out. The funds are returned and the price anchor is more likely to return to 1u.