$ZEN $BTC $BNB This position is the position of all-in. There are many sharp drops in the bull market, and each sharp drop gives those who miss out on the opportunity to get on board. If you are not on the train, there is no need to enter again after it rises above 20u. I emphasize again that 8u may be the most important buying point this year. In the future, as the new highs continue after the halving of the big cake, the possibility of buying Zen at a low price will become increasingly low. Recently, the management has been brewing a new token economic model, and the possibility of airdrops in the future has greatly increased. If the model exceeds expectations, it is expected to bring the first climax before the halving this year. Remember, Zen was the bottom-ranked project among more than a dozen Grayscale funds before the halving at the end of 2020. After the halving, it jumped to the top of the Grayscale fund. The increase from low to high is fifty times. There is still half a year before the halving this year, and it is definitely worth looking forward to what kind of performance will be in the future! At present, it is only 50% higher than the low point in the past three years, and there is huge room for the future...
$WCT may be the best coin on Binance this year, a clear sign, a valuable coin. There will be a relatively large amount of unlocking after six months. If the market warms up, a tenfold increase can be expected.
Recently, market liquidity has been quite sluggish, and tokens that have been quiet for a long time often experience a sudden spike of 30%, attracting people to open contracts for shorting. When the contract open interest surges, then another spike happens, raising it by 80% or 100%, taking away the shorts.
Although according to historical patterns, the vast majority of tokens will eventually revert back down, it is still important to pay attention to risks and not become an ATM for market makers.
The number of Twitter users is 300,000, the data used by ChatGPT is outdated.
ksn-yellow-fig
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$WCT I asked Open AI chatGPT to analyze WCT, and his answer is as follows;
Project Overview
WalletConnect is a universal protocol that allows users to securely connect their cryptocurrency wallets to dApps by scanning a QR code or deep link. The protocol supports multiple blockchain ecosystems, including Ethereum, Solana, Cosmos, etc., and has been integrated by over 40,000 applications and more than 600 wallets, with over 150 million connections.
Token Information (WCT) • Token Name: WalletConnect Token (WCT) • Total Supply: 1,000,000,000 tokens • Main Uses: • Staking: Users can stake WCT to earn rewards and participate in network security. • Fee Payment: Used to pay for network service fees, such as relayer usage, etc. • Governance: Holders can participate in proposals and voting to decide the direction of network development. • Reward Mechanism: Incentivizes node operators and users to participate in network maintenance.
Token Economic Model
The distribution of WCT is as follows: • Core Development: 7% (locked for 1 year, unlocked over 4 years) • Rewards: 17.5% (used for staking and performance rewards) • Airdrop: 18.5% (used for seasonal airdrops to users, applications, wallets, nodes, etc.) • WalletConnect Foundation: 27% (used for partnerships, funding, ecosystem development, and operations)
Investment Institutional Support
WalletConnect raised multiple rounds of financing in 2022, with investment institutions including: • Coinbase Ventures • Uniswap Labs • Polygon Ventures • HashKey Capital
The total amount of financing reached 24.75 million USD.
Community and Ecosystem • Social Media: Twitter follower count is approximately 192,000, with high community activity. • Ecosystem Cooperation: Established partnerships with multiple mainstream wallets and dApps, enhancing the practicality and scalability of the network.
Investment Advice
WalletConnect (WCT), as a bridge connecting wallets and dApps, is significant in enhancing the blockchain user experience. Considering its extensive ecosystem support, clear token economic model, and strong investment institutional background, WCT has certain investment potential. However, investors should be aware of market risks and it is recommended to conduct thorough research and risk assessment before making decisions.
The trading volume of $1000SATS is becoming increasingly sluggish. Excluding the liquidity provided by market makers, the actual transactions may only be one-tenth.