雨中狂睡SleepinginRain

On the eve of Cancun upgrade

$OP 3.6B MC/17B FDV
Its core strength lies in OP Stack

$ARB 2B MC/16B FDV
Its core strength lies in ecology

$METIS 435M MC/924M FDV An important reason for its rise is the decentralized sorter narrative, which is also an important piece of the puzzle for the future Layer 2 ecology.

So, what is a fair valuation for $METIS?

FoamInscribe starts tomorrow night

Similar to analyzer, Fair Mint, mint according to blocks, and choose a winner from 100 people in each block.

The specific rules are as follows:
- A successful Mint costs 0.1 SOL, and a failed Mint will give you 95% refund
- Each group has dynamic dividends. Those hit earlier will get more dividends, and those hit later will have priority in participating in the mapping of inscriptions to tokens.
- 50% of Mint cost 0.1 SOL is a dynamic dividend reward, 20% is used as a cumulative prize pool, and 10% is given to development.
- The distribution rule for the remaining 20% ​​is as follows: if no one hits the last 150 blocks within 60 seconds, the last person to hit will receive the 20% reward. (Last order game)
- After going online, Token will be the platform currency. Later, it will be turned into a mother currency such as Launchpad/Launchpool, and sub-projects will be used to empower the mother currency.

Together with my friends, I sorted out the opportunities related to the BTC ecosystem.

What needs to be explained here is that there are too many BRC20 ecosystems, and many high-quality projects have not been written for the sake of simplicity.

Welcome to add😃

Why embrace the Solana ecosystem?
1. Solana seems to have experienced a bull market, but there are very few projects that have gone through the bull market and survived to the present. For example, there are only Ray, Orca, and Solend. During the price increase of $SOL , it is difficult to find a high-quality target for the overflow traffic, which is why Memecoin ($BONK $MYRO) was very popular in the Solana ecosystem at the beginning.

When SOL performed well, the market trend shifted from other tracks to Solana, including developers. In order to match this wave of popularity, Solana officials held a $1 million hackathon.

Therefore, every time Solana releases a new high-quality asset, such as $JUP $JTO, there will be a sentiment premium built into the market's pricing. This is also an opportunity for us.

2. There are few high-quality assets, which also reduces our workload. We only need to look at fundamentals + emotions to face the hype of corresponding asset valuations.

DeFi: $ORCA $RAY $SLND $JUP
Storage: $SHDW
DePin: $HONEY
Oracle: $PYTH
AI/Rendering: $RNDR
MEME: $BONK $MYRO
Gaming: $ATALS
LSD: $JTO $MNDE
Payment: $ZBC

The newer the project, the greater the opportunity. The latest ones are: JUP JTO PYTH MYRO, and HONEY and SHDW are the ones that have been noticed recently.

3. What is the focus of Solana’s ecosystem? Who are Solana’s users?

You can refer to the hackathon for the focus. Other things are commonplace, but DePin (although the market has mentioned it for a long time, but the volume is not loud) is something Solana has just started to promote.

If it were me, I would focus on $HONEY in addition to the basic opportunities. After all, Hivemapper is a made thing. It is conservatively estimated that the mining machine has been sold for 7 million (actually more).

4. In addition, Backpack has become the launch pad for Solana’s ecological high-quality assets, and List is definitely the priority for Solana’s ecological assets. Therefore, in the absence of platform currency, we can completely regard Mad lads as Backpack’s exclusive platform assets. 9999*220*63=138M. So what is the market value of the platform coins of other exchanges?

Finally, I recommend that everyone find an opportunity to experience the Solana chain.

$AXL

Upbit announced yesterday that it has listed the AXL/BTC pair

Let me update you on Axelar’s ​​recent important developments:

Axelar has put forward a proposal to “reduce inflation”. The contents of the proposal include:
- Modify network inflation parameters
- Introducing the mechanism of Burn Gas (the two are combined to achieve deflation in the Axelar network)
- Transition to AVM, replacing inflationary rewards with reward pools for each new chain
- Expand more light clients and eliminate external validator incentives (also reduce inflation)

All in all, after the proposal is passed, AXL will gradually enter a deflationary state. Getting on Upbit is more like an accident, but it may also be someone's game. After all, AXL has a very good investment lineup, such as Binance Labs, Coinbase, etc.

In addition, the issuance of tokens by LayerZero and Wormhole will inevitably draw market attention to the cross-chain track.