How to Quickly and Easily Find a Project's Market Maker Chips
How ordinary newcomers can judge a project's market maker's control of chips. In fact, using the data on GMGN makes it easy to see. Let me share my commonly used trilogy.
One GMGN Integrated Faster100
GMGN integrated Faster100 allows you to clearly see the control situation of the chips. Moreover, the version on GMGN is free. The image below shows the chip distribution of the COM token, clearly depicting a very large associated cluster, accounting for 50.42% of the chips. This cluster includes an address that the project claims is 40% locked up, and another 10% address is also controlled by the project party.
Haven't written the newsletter for several days because I was busy optimizing Jin. So, let's summarize the past few days together and organize potential second-stage projects.
Although the market has been declining together with altcoins in the past few days, the market atmosphere is not very good. However, the opportunities on the chain are still quite good; Ghibli on the Solana chain has risen 117 times, BSC has risen 40 times, and there are 68 times for MUPPETS.
1 IMHPC @imhpc_ai
IMHPC is a data center project providing high-performance computing (HPC) services, and has released its token on the Solana network. The project has years of experience providing high-performance computing services for some well-known tokens on the Solana network.
Binance's new path for token listing, I will interpret it with data
Today, Binance launched 4 tokens, representing a new path for Binance in listing tokens. For many MeMe or project parties, this is a completely new approach. I want to analyze this from the data. 1 Community voting data analysis From the final results, total votes: 185K, total participants: 119K. Since each person has 5 votes, the actual average votes per person were only 1.5.
Binance's first step is to exclude invalid votes, including the following 4 situations. 1) Fraudulent activities (e.g., fake accounts, deceptive actions) 2) Bulk operations (fake voting through IP/device mining)
Reviewing the new onchain projects from the past day to find potential second-stage opportunities.
1 ROOMCON
ROOMCON is the first DeSci project focused on supporting room temperature superconductor companies. The first selected research funding recipient for Roomcon is the R&D company Cutting Edge from Puerto Rico, USA. The company is working on a project named CES-2023, which focuses on developing room temperature low-pressure superconductors and has successfully manufactured complete samples.
The project has a large potential, but currently lacks real-name endorsements and backing, so please be cautious of the risks. Currently, Jelly-my-Jelly has a close relationship with ROOMCON. Not only has a partnership been announced, but Jelly-my-Jelly's Twitter also posted a video about ROOMCON.
The project's tokens have been locked for six months, with 100 million tokens destroyed.
Current Market Cap: 2.25M
0x999e62f80d2c8ec8adfbf041b06239c6ae6d8492
2 CTD @ChainTalkDaily
Chain Talk Daily is a BSC-themed series program where CZ and He Yi explain blockchain news and concepts through engaging conversations. There are also some light-hearted discussions, and other celebrity guests may be featured.
Current Market Cap: 2M
0x7f890a4a575558307826c82e4cb6e671f3178bfc
3 Downald
This is a deliberate misspelling of Trump's name as "Downald," suggesting a mocking satire of Trump. The project capitalizes on Trump's controversial image in the political arena, transforming it into a satirical project in the cryptocurrency field.
It originated from a distorted portrait of Trump as satire, and Trump criticized this artwork on Truth Social.
Downald is a project on the Solana chain that quickly reached a market cap of 11M but has now fallen to 800K. The sustainability is quite uncertain.
Organizing new on-chain projects from the past day to find potential secondary opportunities. Yesterday's conspiracy group has blatantly informed everyone that there are no issues. The names of the plates have evolved into names of their daily activities: Moutai, V50, Niao, Mogu, 888 (a certain technician's number). Meanwhile, the slightly cultured plate name: luxun has been pushed to 7M, boasting a 20X critical hit.
1 Routine Routine originates from a viral video featuring a young man named Ashton Hall sharing his morning routine. This video gained massive exposure on social media, accumulating approximately 220 million views and becoming a recent internet meme phenomenon.
Discussing the Impact of Alpha 2.0 on the Landscape of On-Chain Tracks
With Binance launching Alpha 2.0, I believe it will have a significant impact on Binance and the entire cryptocurrency circle, changing the landscape of on-chain tracks. Let me share my thoughts on the whole situation.
Let me briefly talk about the content of Alpha 2.0 1) Users can directly purchase on-chain tokens on the Binance trading platform without needing to withdraw assets to an external wallet or create an on-chain wallet. 2) Users can use the funds in their Binance spot, capital, and other accounts to purchase Alpha tokens. It is clear that the core point is that users can conveniently and quickly purchase Alpha tokens on Binance's main site without needing to transfer to a wallet, incur any gas fees, or copy contract addresses.
First, I need to criticize the conspiracy group on BSC, they have no knowledge at all. After the knowledge from the Middle East runs out, today’s plate just starts messing around. Look at these plate names, what SheepCZ, CZ, CZN, Big Cousin.
We retail investors can see at a glance that we don’t want to buy. So how do you cut? How do you achieve your performance?
By the way, is Big Cousin really called Big Cousin in English? It should be Elder Cousin, right? If your English is poor, just ask GPT. Seriously.
Wait a minute, wow, Big Cousin actually increased by 4 times, SheepCZ actually has 8 times, peaking at 3.5M.
Yesterday's main character was still BSC; after Alpha entered the Binance trading page, various projects experienced a surge.
It is clear that funds are pouring into BSC; there were 24 projects on BSC yesterday, while Solana had only 7, and base only 3. Not only new projects, but also in the small report started two days ago, there were increases of 5X and 10X. The hot topics are undoubtedly centered around the Middle East + couples, and even the first coin of the AI Agent Launchpad created by shell on BSC only reached a maximum market cap of 1.5 million, and now it's only 200,000.
An important discovery I've made is that fund withdrawals on different chains exhibit completely different characteristics.
Undoubtedly, the hottest topic this weekend is BSC, and Big Brother is clearly trying to leverage the on-chain 'dog coins' to Make Binance Great Again.
Yesterday, after having tea with Teacher Hiki, we agreed on the logic that because Trump posted a meme, it makes CZ's support for the meme a very low-risk matter.
Aside from the well-known Mubarak, most concepts are related to Middle Eastern old friends, among which Mashallah has gained attention from both CZ and Heyi on Twitter, with the FDV reaching a maximum of 14M, and a lot of 'dog coins' have appeared.
While trading coins, I'm also learning Arabic; if I lose, I can just consider it tuition for learning a foreign language, so it's not a total loss.
From gmgn, we can see the top 10 addresses with the highest profits. 7 of them are controlled by the same conspiracy group.
Although they disguised themselves, such as withdrawing funds from different exchanges. But if they dig deeper, their behavior tracks are exactly the same.
1) New wallet, new wallet on February 15
2) Bought at 6:01 in the morning, and then sold in multiple batches. I took screenshots of the three addresses and can see them very clearly. (Note: the time on the screenshot is UTC+0 time)
The Argentine president is worthy of being an economist, and he easily pocketed 50 million US dollars.
Sci-Hub, I'm ashamed to recognize you only now. When I saw it yesterday, I thought it was just an ordinary MeMe Maybe I had been away from school for too long. When I realized this, I decided to spare no effort to support him. Sci Hub allows people to access the latest papers for free, promoting the progress of human society. Support Sci-Hub, support fairness and justice, support knowledge belonging to all mankind, and support human progress. 1 Let’s first talk about a major problem in current academic research We all know that the most cutting-edge scientific achievements are published in journals, such as Science Nature. Therefore, all the technologies that change the world originate from here, which is the cradle of human society.
Talk about why Babylon is the foundation of Bitcoin ecology
The potential of the BTC ecosystem is essentially because BTC is the largest asset. The ceiling of a public chain's ecosystem is determined by the market value of the public chain. The easiest to understand is lending. BTC holders always have a need for mortgage loans. Even if it is 10% of the funds, it is 120 billion US dollars. If it is a public chain with a market value of 1 billion, 50% of the funds is only 500 million US dollars, which is the gap in the ceiling. For example, if the mortgage generates stablecoins, then the scale of the mortgaged assets is large, and the potential of the stablecoin track is great. From this perspective, the market value of BTC is 4 times that of Ethereum, and its ecological potential is definitely much higher than that of Ethereum. However, the actual situation is just the opposite. The overall scale of the BTC ecosystem is now far behind that of Ethereum. The fundamental reason is that the performance of BTC as a public chain is too low and the programmability is too poor, and it does not have Turing completeness. Then the solution is to imitate the architecture of Ethereum and use the layer2 method. Layer2 has TPS and programmability.
Interpreting Binance Pre-market: Another Declaration of War on High Market Value
Binance announced the Pre-market. At first glance, I thought it was just a common pre-market. But after reading the rules carefully, I found out that I was wrong. Its purpose is not to earn more transaction fees, but to declare war again to eliminate high-market-value projects.
It seems to be a consensus that once a project is listed on Binance, it will have a high market value. After the TGE, the leeks were harvested, Binance was criticized, and only the project owner and the young models on the yacht were laughing. What's more terrible is that the project owner made enough money and started to lie down all the way.
So what is the difference between Pre-market and Launchpool? Why is it possible to break this phenomenon? The key is that the chips in Pre-market are only allocated by Launchpool, which means that there are no chips from project parties and market makers, nor are there any rat warehouse chips in the name of airdrops. Let the community set the price and eliminate high market value.
This article will deeply analyze AAVE's on-chain data Key points: 1) AAVE’s market capitalization is USD 2.3 billion, and its FDV is USD 2.46 billion. 43,000 AAVE are newly circulated every month. 2) On-chain data shows that funds in the US time zone led the increase in AAVE holdings. 3) Most of AAVE’s major holders are in a profitable state, but the overall profit is not high. Judging from the profit and loss situation, most of the major holders are not the ones in the 2021 bull market, and most of the chips in the middle have been fully changed hands. 4) The address of AAVE’s holders has a relatively large amount of funds and is a powerful and large investor. 1 AAVE Overview
From a logical point of view, the BTC ecological sector is a key sector to buy
1 In the minds of users, the Bitcoin ecosystem is closely linked to BTC. When the BTC market comes, the Bitcoin ecosystem will definitely rise. 2 It is similar to the previous round of Defi. After experiencing the summer market in 2020, Defi experienced a wash-out and then experienced another big market in 2021. 3 The market capitalization is generally low. The leading ordi and sats only have 600 million US dollars and are in full circulation. In comparison, the arb that everyone has been criticizing has a circulation market capitalization of 1.8 billion US dollars and FDV of 5.3 billion. OP has a circulation of 1.8 billion US dollars and FDV of 6.6 billion US dollars. And the leading inscriptions are also far lower than MEME coins, pepe 3.2 billion, wif 1.8 billion US dollars.
The matrix is an important infrastructure for large-scale application of Telegram
Telegram ecosystem is a hot topic recently. The reason why everyone is optimistic about it is that TG has more than 900 million users. It is expected to develop into a prosperous web3 ecosystem like WeChat applet. The matrix was recently released, and I think it is an extremely important infrastructure for Telegram to achieve this goal: it is a development toolkit jointly built by Nubit and Tomo that can simplify blockchain integration. It enables developers to develop Web3 applications with the simplicity of building Web2 applications. It can be said that this is a very important step for Telegram to move towards larger-scale applications. The core task of Web3 now is large-scale application. From the perspective of specific paths, it can be roughly divided into two types. The first is to build web3 applications and then attract web2 users to use them, such as the current socialfi track, Facaster, lens, etc. However, the problem is that the migration cost of users is very high. Issues such as privacy protection and content ownership are indeed very important, but they are not enough to attract a large number of users to migrate, which also leads to the slow growth of users of these applications, which is simply not worth mentioning compared to the number of users of Facebook/Twitter.
From popularity to collapse: Lessons from the failure of Friend.tech.
Once popular, now almost nothing. How did Friend.tech rise so quickly, and why is it declining now? A bold experiment in the monetization of social influence, the founder eventually made 50 million yuan, and a large number of retail investors paid for it. Looking back on all this, we should learn from the lessons of failure. How did Friend.tech come about? Imagine if you could invest in your favorite influencer or opinion leader like investing in stocks. This is the disruptive innovation brought by Friend.tech. In August 2023, this decentralized social media application built on the Base blockchain was born, like a bomb detonated in the crypto world, redefining our perception of social influence.
Projects that have issued coins recently should be looked at with a high eye
Because if they are listed now, their market value must be relatively low.
Most project parties choose to list coins when the market is good and the market value is high. A high market value means that they can cash out a lot of money at a high price when they are listed. Then they can cash out slowly.
Listing when the market value is low means that if the project party wants to make money, it must rely on pulling the price in the future, or it is very confident in future growth.
So, which projects have been or are planning to be listed recently?
I found several rules for the coin groups on Binance
1 Binance likes to launch several projects in the same sector in this way. For example, the recent Ton ecosystem has launched NOT, BANANA, TON, and DOGS. Several projects related to chain interoperability were launched around April, including AXL, W, and OMNI. In February, several projects in the GameFi sector were launched, including RONIN, PIXEL, MAVIA (contract), and PORTAL. Several modular projects were launched around January, including TAI, ALT, and DYM. SOL ecosystem projects include JUP, PYTH, TNSR, and W. In March, MEME sector projects such as BOME and WIF were launched.
The possible reason behind this is that Binance wants to support a certain sector in a short period of time, so that the market can form a hot spot and drive transactions. This can give us some inspiration. After a new sector launches its first project, there is a high probability that the excellent projects behind the same sector will be listed on Binance.
Ordi on-chain analysis: It’s the right time for big investors to buy. The three biggest believers lost up to $160 million, but still hold firmly.
[Ordi on-chain analysis: It’s the right time for big investors to buy. The three biggest believers lost up to $160 million, but still hold firmly]
1 In the past month, Binance Exchange has seen a net outflow of 350,000 ordi and the outflow is continuing.
2 The largest individual holder of Ordi holds nearly 1 million coins. The cost is between 3 and 5 dollars. It has not been moved since the end of the accumulation in September 2023. The highest value has dropped by 70 million US dollars, but it has not been moved. He is the most staunch believer of Ordi.
3 The other two early large holders, holding 650,000 and 612,000 coins respectively, have not moved since December last year. The peak value has fallen by 90 million US dollars