$JUP given $800M worth of airdrop, and a lot of users receive it.
I've discovered tokenless Solana protocols, that might reward us.
1/ → @Parcl
Parcl is a synthetic asset protocol built on Solana. It allows you to invest in digital square feet/meters of real estate around the world. It has raised $11.6M from Coinbase Ventures, DragonFly Capital, Solana Ventures, and others.
→ TVL
Parcl takes 13th place by TVL with $50M on the Solana network.
Users actively stake & trade their assets to receive points in return. Because Point Season 2 has started.
→ Step-by-step strategy:
• Go to app.parcl.co/points. • Connect your wallet. • Add liquidity. • Make trades
→ Point System:
Entering "batcher"code earns you a 5% points boost forever. • 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
2/ → @Kamino_Finance
Kamino Finance was created to offer users the easiest possible way of providing liquidity and earning yield on-chain.
The UI provides industry-leading analytics, performance information, and position details.
→ TVL
Kamino takes 4th place by TVL with $286M on the Solana network. Points Season 1 started, and a lot of people participated in it, to receive upcoming airdrop.
→ Step-by-step strategy:
• Go to app.kamino.finance. • Connect your wallet. • Go to Borrow & Lend. • Choose any asset, put in the desired amount • Borrow it.
3/ → @marginfi
Marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users.
The protocol is a fully permissionless suite of smart contracts deployed on a blockchain.
→ TVL
Marginfi takes 4th place by TVL with $286M on the Solana network.
Users actively stake their assets to receive points. Point Season 1 is live now!
→ Step-by-step strategy:
• Go to mfi.gg/points. • Connect your wallet. • Stake $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
4/ → @DriftProtocol
Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.
Raised $3.8M led by Multicoin Capital.
→ TVL
Drift takes 9th place by TVL with $127M on the Solana network.
Users actively stake their assets to receive points. Drift Point Season is live now!
→ Step-by-step strategy:
• Go to app.drift.trade • Connect your wallet. • Deposit USDC/USDT/SOL. • Trade & make volume (be better to make at least $5-10k total volume).
5/ → @ZetaMarkets
Zeta's mission is to become the world's leading decentralized derivatives exchange. It has raised $8,5M from leading funds.
→ TVL
Zeta takes 25th place by TVL with $13,3M on the Solana network.
Users actively stake their assets to receive points. Z-Point Season is live now!
→ Step-by-step strategy:
• Go to dex.zeta.markets/trade/SOL-PERP. • Connect your wallet. • Trade $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD Traded.
6/ → @sanctumso
Sanctum is Solana’s on-chain stability protocol. Sanctum unlocks staked SOL to be used throughout DeFi by providing a backstop of SOL liquidity.
Backed by VCs, and launch is expected in Q1 2024.
I hope my article was helpful. If so, please do not hesitate to :
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Number 1 thing, EVERY single one of you can become a good trader;
90% of you at the first step of booking a trade. You don’t know where to see the right coin to extract for a trade. You jump in at Gainers list and analyze and find everything perfectly set by early traders so you fall for it and start longing your position with perfect dca strategy, you see everything falling as per plan but sudden shifts ruins everything. Because you don’t know how many times that particular coin took 5% 10% 12% gains before jumping into top gainers showing you 25% increase. For every 24 hours cycle the gaining percentage resets from 0% change. So technically you are longing a coin who is already took pump of 120% in total. So your perfect strategy multiply by wrong research = 0 If you want to find a coin for day trading or swing trading, check out the losers, losers means these coins were once in top gainers but now taking correction, You drill down to middle or remain on top losers and check out the coins, you see there is a gradual decline, you check out same thing at daily and 4h candle and analyze the price levels from where it took reversal many times, you place your limit orders and done. ✅ Eventually it will wick down to that level and your order will get filled. Second strategy is you don’t wanna miss the coin so you take entry at market price and place limit order of same value margin value at the reversal price you checked on daily candle. So your average price will come to least 50% when it starts to move up. You can apply this even today, instead of playing with #BTC or #link or any major coin you can play with small cap less supply coins to try this Strategy. Remember consistency with commitment to learn and execute is everything. I hope this will help you. Happy Trading 🥂 #Write2Earn #ZeusInCrypto
MACD: MACD -0.000022, Signal -0.000023, MACD-Histogram -0.000001 (bearish)
Analysis:
Short-term: 1000SATS has been on a downward trend for the past week, dropping below both its 50-day and 200-day moving averages. The oversold readings on the Stochastic Oscillator and the bearish MACD signal suggest potential further decline in the short term.
Medium-term: The price remains below both moving averages, indicating possible bearish continuation. However, the RSI is approaching the neutral zone, which could be a sign of a potential reversal soon.
Long-term: The 200-day MA still acts as a significant resistance level. Breaking above this would be a bullish signal, while a sustained drop below could indicate a longer-term downtrend.
Overall:
1000SATS is currently in a bearish trend with short-term signals suggesting further decline. However, the oversold readings and approaching neutral RSI might indicate a potential reversal in the near future. Medium and long-term trends remain uncertain, and further analysis and fundamental research are needed for a more comprehensive picture.
Disclaimer:
This is not financial advice, and you should always do your own research before making any investment decisions. Cryptocurrency markets are volatile and highly speculative, and past performance is not a guarantee of future results.
Please let me know if you have any further questions or want me to analyze any specific technical indicators in more detail. #ALT #MANTA #TradeNTell #Write2Earn #1000stas