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11-20

@jason_chen998

Many ETH Holders, including me, often give themselves a psychological massage, Dont forget, currently the only asset that has passed the ETF is ETH besides BTC. Everyone has seen the power of BTC after passing the ETF, so they will always have expectations for ETH, but at the same time, everyone is wondering why the performance of ETH ETF is so poor compared to BTC after it is passed. I think there are two main reasons. 1. The first reason is already a commonplace, that is, Grayscales selling pressure has continued, and the other companies cant take over. BTC just passed and there was also Grayscale selling pressure, but it quickly adjusted. ETH has been bleeding heavily and cant stop, so many people have been waiting for Grayscale to sell and then take off, but they havent waited. But I have communicated with many friends during this period, and after my own analysis, I think this problem is just superficial. 2. Grayscale has a lot of selling pressure, and ETHs purchasing power is weak. The deeper reason for this problem is that if we stand in the perspective of fund managers of various ETF issuers, I think the current situation is that they have no motivation at all, and they have not made any effort to allocate resources to promote ETH ETF to the market and customers, so that Grayscale holders have been selling on paper, while customers of several other issuers have not stimulated enough purchases. BTC has super order-calling kings like Trump and Musk, super big money holders like MicroStrategy, and Microsoft is about to join them, so BTC has extremely strong external forces to fully educate the market and promote funds. As ETF issuers, they can get twice the result with half the effort. Musk and Trump have helped them complete sufficient market education as part-time account managers, and MicroStrategy and Microsoft have helped them to raise their boats. Emotions and funds have been mobilized, and ETF issuers only need to find a way to attract deposits. But ETH, which is also listed through ETF, does not have such external forces compared to BTC. There is no super order king and no super big financier. If you are a fund manager and you are facing such a situation, will you feel excited and blank, and I want to expand my territory and make a big splash? Or will you feel frustrated and think, Did my boss give me a hard time and send me here to open up new land with a hoe? You go to introduce BTC ETF to an American aunt, there is no need to waste words, Musk and Trump have already paved the way for you. But when you go to introduce ETH ETF to an American aunt: Well, now there is a thing called Ethereum, you may not have heard of it, but its awesome. Its an L1, but there are also a bunch of L2s. Dont worry about the difference between 1 and 2. You know Defi, it runs on it, this thing is also amazing. Hey, dont leave yet, there is another one called ZK that is even more awesome, I havent finished talking about it yet. If you are the fund manager of ETH ETF, and next door is a window where a bunch of American aunts are crowded together to buy BTC with money, and those who come to your window to do business have to sit down and give them a thick manual for popular science learning, what should you do? 😂 At present, most people, even my parents, know about BTC, but there are very few who know about ETH. If you dont have enough knowledge and understanding of an asset, of course you wont buy it rashly. If you are the CEO of an ETF issuer, facing the situation that there is still a lot of hot money in the market, will you choose to continue to fight for more customers who want to invest in the cryptocurrency circle to buy BTC, or spend time to educate them in the market and guide them to ETH? If your company has a marketing budget of 1 million US dollars this year, how do you plan to allocate funds to the two ETFs, BTC and ETH? So the current situation is like this. Although the only two ETFs are BTC and ETH, BTC is too easy to raise with full buffs, and it can grow meat even if you drink water, while ETH needs to be raised with a lot of shit and urine. In the end, even if ETH also passed the ETF, it did not get enough resources allocated to complete market education and then obtain purchases. Of course, I am definitely not saying that ETH itself is bad, nor am I Fud ETH. Please note that the discussion in this tweet is all limited to the current status of the two ETFs, BTC and ETH. If you feel uncomfortable after reading this tweet, and you think there are more reasonable arguments and information, you are welcome to add to the discussion in the comment area, but if you cant hold back anything useful and want to spray me, dont waste your time, please move your fingers to block me. So when may this situation be reversed, so that each issuer will start to tilt resources towards ETH? First of all, it must be until the market funds for BTC are almost scrambled by each company, and each company finds that it cant roll up, and the low-hanging fruits have been picked. It has to go to the next door ETH to open up territory. Although it is more difficult to carry out business than BTC, it is also an incremental market. Secondly, after ETH ETF allows pledge, each ETF has a stronger motivation to conduct market education and attract deposits. To be honest, even if public chains such as Sol, Sui, etc. pass ETFs, I think the situation they face will be similar to that of ETH. In the absence of super order kings and super big financiers, market education is still very scarce, and the promotion of ETFs is also very difficult. I even think that if Dogecoin passes ETFs, its capital buying volume will far exceed that of public chain ETFs. This is absolutely no joke.(来源: Twitter )

11-14

@yuyue_chris

What is the first principle? What is the main line of the current market? Frog $PEPE is the pioneer of the middle generation of old memes such as flip shib. Robinhood, coinbase, upbit and many other places have joined together. The consensus of surpassing shib to become the second-in-command of memes is strong. In addition, Trump and pepe are also strongly bound, so pepe is the main line. Squirrel $PNUT is the king of the new generation of memes. Now no matter what bloodsucking, it will have some fluctuations due to short-term distraction, but as long as there is a collective shock of the cottage, the buying of squirrels is the strongest. Squirrels are also heroes who save the United States. They have their unique significance in the United States that advocates individualism. Expectation: I am ready to book a Disney movie based on squirrels in the cinema in my hometown village. Dont worry, Disney may have already filmed it. There is no doubt that squirrels are the main line of the main line. Dog $DOGE is the pinnacle pearl, the god of meme, and has taken on the responsibility and obligation to explore the ceiling of meme market value. In the foreseeable future, there may be a $DOGE ETF that will make the god of meme the top four or top three in market value... or even flip Ethereum? ! Undoubtedly, the big dog is the cornerstone of the main line. So why are they the main line? - First principles, who brought the bull market? Trump and Musk. - What made Trump president? It was the squirrel. - What will they do after taking office? Reform the United States, DOGE department. In addition, there are various opportunities on the chain every day, beat the dog, and buy the squirrel after beating the dog. 🥜🐿️ The veins of the main line of the bull market have never been so clear. Resist bad temptations, hold low leverage, be firm, and be upright!(来源: Twitter )

11-11

@YeruiZhang

Scr is the most embarrassing Trump target. Here are some little-known facts: 1. Behind Scr is Polychain, which is also the biggest supporter of Trumps WLFI. Among the three major cryptocurrencies in the United States, only Polychian clearly supports Trump and even worked in Mar-a-Lago for a period of time. 2. According to non-public data, Polychains comprehensive cost is in the range of US$700-900 million, and its holdings are close to or even exceed 10%. 3. WLFI is essentially to raise campaign funds for Trump. According to non-public data, in the last 20 days of the campaign, Trump fell into some financial crises, but there was no way to quickly obtain political donations directly from Americans, so he could only open overseas fundraising channels. Polychain and SCR are timely assistance. 4. If SCR is an American project, I believe the dividends that can be obtained will be much greater.(来源: Twitter )

11-07

@Wuhuoqiu

I feel that the new main line of this round is starting to become clear, namely PayFI AI Agent Meme. The last round also had three main lines: Defi, NFT, and X2Earn. Let me briefly explain why these three are the main lines. The biggest theme of this round should be what Trump said in his victory speech yesterday, Common Sense, or Anti-narrative. The market has begun to feel disgusted with projects that are only about VC, To Exchange, and only care about narratives and only focus on technology/infrastructure. Projects must return to common sense - what you make really needs to be used and paid for (at least people can buy monkeys and Punks as NFT avatars to show off, right?) In the past two years, a lot of decentralized computing power/model training/inference projects have emerged. If you are a serious AI startup, would you really give up using Hugging Face, not go to AWS or Azure to buy cloud computing power, but use Web3s decentralized computing power/model/inference platform? Ask yourself, does this conform to common sense? Let me tell you why I think the following three lines make sense at the moment. 1. Payfi - connecting to the real world. In the past two months, the primary market has seen and talked about the most intensive track. It feels like many new and old Payfi projects that have been dormant/growing slowly have jumped out. Stripes acquisition of Bridge for US$11.1 billion should be seen as a landmark event. You may not have paid much attention or dont know that the PYUSD issued by PayPal has exceeded 500 million (it reached 1 billion some time ago). Osmosis and scrvUSD are both working on Debit Cards, and other Crypto Cards based on Ton or other chains are on the way. Some are cooperating with Visa/Master to engage in supply chain finance or accelerate settlement. Some are talking directly with banks to bypass Visa/Master settlement. Some are based on the Solana Pay framework to provide merchants with Crypto Native Payment+Defi Yield POS systems without affecting traditional VISA/Master card swiping. Some are directly doing P2P through the chain+ZKTLS. OTC deposits and withdrawals even move the main logic of banks to the chain, directly NFT login + KYC, provide on-chain bank + traditional bank binding, can transfer + deposit and withdrawal, and swipe Crypto Card, and even directly Swift to traditional bank accounts. The payment system is more fast, convenient, and economical, and your Crypto assets can be directly swiped and consumed, and deposit and withdraw more safely... These are real user needs. If it is done well, there will really be people/institutions, including Web2 players, who will use it. Maybe in the end, everyone will find that it is neither social nor games that realize Web3 Mass Adoption, but Payfi. 2. Ai Agent - Enhance the world on the chain. We talked about three-digit AI projects for more than a year, but basically didnt make any moves, because it felt that the combination was a bit stiff, even for those leading and so-called king projects. You can see that when Vitalik was interviewed about the combination of AI X Crypto last year, he was actually asked this question, and his answer was basically around AI helping Crypto rather than the other way around. But if the currency circle wants to dream, Crypto must help AI. So we have the three tracks of industry standard, namely “model assetization”, “data assetization” and “computing power assetization”. But to be honest, I have talked with many Web2 AI researchers and founders, and they look at our three tracks like a talk show. The most impressive thing was a discussion last year about a decentralized computing power project. The founder told us very “honestly” that when there is a relatively large or commercial computing power demand, it will be directly handed over to their centralized computer room to run, and will not be handed over to retail GPU computing power, but it can be “packaged” on the front desk to make it feel like retail computing power is also involved. I have a good impression of this founder, although I didnt invest in the end. It was not until the emergence of Goat this year that I was really impressed. This is not AI Help Crypto, nor is it Crypto Helps AI. This is a new thing that is created by the collision of true AI and Crypto. AI Agent issues assets. AI Agent ShitPost shouts orders. AI Agents form DAOs. AI Agents are responsible for the operation and trading of a fund. AI Agents have their own culture. AI Agents have their own religion. This is something that Web2 AI cannot do, and Web3 pure Crypto cannot do it independently. So far, under the current level of AI capabilities, I personally think that this is the best way to reflect the combination of AI and Crypto. Regarding this track, I recommend two articles: https://x.com/0xNought/status/1851283278164345297 https://x.com/starzqeth/status/1853597036421259728. Then there is the wizard @0xcryptowizard who has also posted a lot of things about this track. You can check out his Twi 3. Meme - On-chain casino, no longer installed http://Pump.Fun Putting things that many people were reluctant to admit, or could not say because of political correctness on the table Our circle is a big gambling house But there is actually no problem. We can finally face the fact that a big function of Crypto is for PVP, Thats OK The problem is that it cant only be PvP Just like what Mr. Du @DujunX said, If meme and tap2earn are the future of the industry, then this industry will die, fuck! So Meme and PVP will become a permanent track in our circle. When there are more exciting, more popular, and more meaningful tracks and technologies, the Meme track will account for a smaller proportion and be more low-key. When the industry lacks direction and makes people boring and disappointed, the Meme track will jump to the foreground and become more active, accounting for a larger proportion. Meme may be the little bell track for multiple rounds of bull and bear in the future-It has been, and will be always there... This is just one persons opinion, for reference and entertainment only, NFA:)(来源: Twitter )

11-04

@tmel0211

After looking at the table of @Optimism Superchains profit and ecosystem data over the past year, I extracted several key indicators to share: 1) OP Superchain has earned a total of 15,849 ETH so far, of which @base contributed 2,878 ETH, and the income structure is divided into: OP Mainnets on-chain net profit + OP Stack chains 15% on-chain net profit share/2.5% of total income); since this data is not directly compared with other L2 income data, it will not be evaluated. 2) The OP Superchain ecosystem has expanded to 35 chains, including 33 L2 and 2 L3; the statistics may not be complete, and more than half have not yet been launched, but it shows that OP Stack is developing rapidly. 3) Base chain is the best developed chain in the Superchain ecosystem, with 6.9M Txns per day and 205M Txns per month, which is 10 times that of OP Mainnets 22M. It can be seen that the decision to incorporate Base into the Superchain was very successful. 4) In April, when the market was good, Superchain earned 1,189 ETH in a single month, of which Base accounted for 48.4%, OP Mainnet accounted for 51%, and other chains accounted for 0.6% in total; it can be seen that the strategic effect of OP Stack is currently manifested on the Base chain, and other L2 alliances have not yet started. 5) The 48.4% of revenue contributed by the Base chain to the Superchain only accounts for 15% of its total revenue, while the 51% contributed by OP Mainnet is its entire net profit, which shows that the actual revenue of the Base chain is quite considerable, about 6 times that of OP Mainnet. In general, this data can truly reflect the current development status of OP SuperChain. It is still in its early stages. Only the Base chain has come out, and other chains are still in their infancy. Strangely, this table does not list the expenses of OP Superchain. We can roughly estimate it through other public data. Recently, OP has provided Kraken with 25 million OP tokens to fund the development of the new OP Stack layer2 network Ink, which is a big deal. Its six consecutive rounds of RetroFund have also distributed more than 60M OP tokens. The OP tokens it promised to the Base network account for 2.75% of the total supply (given in six years), plus its occasional sponsorship or resource replacement expenses for some specific networks. This part of the expenditure is not small: (The following is a rough estimate, inaccurate for reference only) The investment in developers and community ecological incentives is not counted. Lets take Base as an example to calculate the input and output account. Investment: 4.3 billion OP *2.75% = 118 million OP % 6 = 20 million OP / year; income: Contributed 2,500 ETH in the past year (since Base has been online for 15 months, a total of 2,878 ETH minus 3 months of income). Based on the current prices of ETH and OP, it is equivalent to investing $30 million in cost in exchange for a return of $6.25 million. Literally, it is definitely a losing business. Of course, if the OP Foundation does not regard $OP expenditures as costs... I still dont understand why layer2 is stuck in a development deadlock. This question is too difficult to answer, but the problem may lie in these data details. If you find the article useful, please support it with one-click triple click as a thank you. Friends who recognize my continuous input of dry goods can visit my Twitter homepage and click on the Substack column to subscribe (currently free), where you will see more in-depth and professional investment research and analysis content, especially content that is not suitable for public sharing on Twitter.(来源: Twitter )

11-01

@KiwiCryptoBig

I participated in a Twitter space today, and answered some questions that I have been reluctant to discuss. Does Ethereum still have a future? Will Ethereum be flipped? Should Ethereum be FUDed? Does Ethereum still have a future? The answer is simple: there is nothing wrong with Ethereums fundamentals. What Solana has, Ethereum will eventually have. And what Ethereum has in Layer1, Solana may not have. TL;DR version: 1. The low price is due to the chip structure problem, which takes time. Ancient ICO addresses are constantly revived and smashed the market, and ETF inflows are insufficient. 2. Preconfirmation and BasedRollup are very important. Ethereums BasedRollup will be asynchronous execution + pre-confirmation + streaming blockchain, which is the same as Solanas technical philosophy. Layer2 is Solana. 3. BasedRollup has taken back the consensus layer rights of Layer2, which will make a large number of Layer2s choose to stay or leave. 4. In fact, Layer2 has already begun to make a choice. Taiko has started BasedRollup to confirm that it will stay, and Arbitrums products similar to Mev-boost will inevitably leave the Ethereum ecosystem. 5. In terms of scale, Meme is currently too small to support Solanas ability to flip Ethereum: Solana has <10k core meme users on the chain, and the actual trading funds are less than 300m. The public opinion has a great impact, but the actual impact is small. Text: 1. Not much to say, it takes time to clean up. On October 24, according to Onchain Lens monitoring, after 4 months of silence, an Ethereum ICO participant address deposited 3,000 ETH worth 7.63 million US dollars to Kraken. On September 25, according to Ember monitoring, an address that participated in the Ethereum ICO in 2015 and received 2,000 ETH (the Ethereum ICO price was 0.311 US dollars) tested to recharge 5 ETH to Kraken. On September 23, according to Lookonchain monitoring, an address that participated in the Ethereum ICO and received 150,000 ETH (about 389 million US dollars) deposited 3,510 ETH (about 9.12 million US dollars) into Kraken 7 hours ago after 2 years of dormancy. 2. Layer2 + Preconfirmation = Solana 2.1 Layer2 + Preconfirmation: Parallel processing: Layer 2 reduces the burden on the main chain by moving transaction processing off-chain. This structure allows multiple transactions to be processed in parallel on different execution nodes, thereby improving transaction throughput and efficiency. Preconf: Before a node includes a transaction in a block, it verifies it and temporarily stores it in the memory pool. Layer2 transactions can be confirmed one blockchain in advance. The proposer needs to bear certain economic responsibilities to ensure that the transaction it promises can be included in the block within the specified time, otherwise it will face penalties. It promotes faster transaction confirmation. 2.2 Solana Proof of History (PoH): Create a verifiable time series to speed up transaction sorting and processing. Multithreading and parallel processing: Solanas Turbine module uses multithreading and parallel processing technology to allow multiple threads to process transactions simultaneously. Gulf Stream and Sealevel: These technical components work together to achieve the goal of a streaming blockchain. Gulf Stream is responsible for optimizing transaction propagation, while Sealevel ensures state consistency and efficient storage. Layer 2 + Preconfs has similar goals to Solana in achieving asynchronous execution, preconfirmation, and streaming blockchains. Both aim to improve the performance and user experience of blockchain networks, and promote the development of blockchain technology through parallel processing, temporary confirmation, and efficient consensus mechanisms. Such a design not only improves transaction speed, but also provides a strong infrastructure for decentralized applications. 3. I wont go into details about whether Layer2 will stay or go, it depends on everyones technical solutions. Conclusion What we may see in the end is: Layer2 + Preconfirmation = Solana Although there will always be practical differences between various systems, the overall trend is obvious, and we are all moving towards more and more similar architectures. In the end, everyone is building the same thing. What Solana has, Ethereum will eventually have. And Ethereum is still Ethereum, let the bullets fly for a while.(来源: Twitter )

10-28

@YeruiZhang

Strong winds reveal strong grass, and turbulent times reveal loyal ministers. After a week of volatility, Bitcoin remained at 66K. Even with two major negative events, Tether and the war, it still did not fall out of the range. Two weeks before the election, most media currently believe that Trump is in the lead. The best scenario is to see a new high before the election, and then there will be a wave of altcoins after Trump wins the election. 1. For MEME Coin, Bybits ecological niche has been infinitely improved. The Vol gap between Bybit contract and Binance contract is not large, and the Bar of listing is much lower. The secondary opportunities brought by Bybit contract/spot will be greater. For MEME with 100M+, Bybit is the best fuel. After the first wave of great leaps forward, the corresponding Moonshot has slowed down the growth rate of transaction volume and user volume, the speed of listing has slowed down, and the comfort zone has been reduced to 20-50M. 2. With Bitcoin performing well, there may be greater opportunities for public chain-public chain ecology in exchanges. The continued popularity of SOL has caused the on-chain transaction volume of 7D MA to reach a high point on July 15 (the number of active addresses has continued to reach a new high). Looking back at the high point of transaction volume at that time, the price reached a new high. SOLL-SUI-others, public chains are always the track with the most ammunition and the clearest path on the second level. Pay attention to the shouting direction of trading KOLs. 3. The best choice for MEME is still AI-related. AI mainly relies on imagination. Here, there needs to be a project that relies on a larger narrative to enter the 100-500M queue. The second is cults. Cults are very resilient. If there is no large-scale outflow of funds after a few weeks of silence, there will be more opportunities. Pay attention to projects from Cabal to consensus. At present, several candidates for SOL AI have stalled, waiting for a stronger narrative and a more serious Cabal on SOL (it is necessary to think clearly whether DEVs selling of coins is a wash or a smash). In addition, there is an opportunity for the revival of older on-chain AI projects. Perhaps the odds of the old AI targets of TAO/ETH being revived are good. In my opinion, art MEME is the continuation of Cats and Dogs. From this perspective, BSCs Cheems is worthy of attention. It features high consensus outside the circle + high community concentration + strong leaders. It is difficult to become a hot spot, but once it becomes a hot spot, the potential increase will be very exaggerated.(来源: Twitter )

10-24

@ZKwifgut

Why cant $ETH rise in this cycle? The answer is actually in the last round of DeFi summer. How did $ETH rise before: - The epidemic caused a large amount of US dollars to be released, the money supply and liquidity were sufficient, and the risk asset category rose - Ethereum PoW ≈ deposit, fiat currency is used to buy mining machines to mine ETH - The overflow of funds from the rise of BTC drove up the price of altcoins - DeFi innovation led by AMM has become the mainstream technology altcoin narrative, attracting the most attention and hot money - DeFi has greatly increased the adoption of EVM, increased on-chain activity and gas consumption, and increased protocol revenue - lp mining (especially mining the first mine) has a wealth effect - Contract interaction to obtain airdrops has a wealth effect (typical case ENS), and wool rolling has begun to become an industry - NFT has a wealth effect, and NFTs priced and traded in ETH are containers of ETH, and people began to evaluate assets based on e-standards - On-chain lending provides DeFi users with about 0.7-0.8 times spot leverage, accelerating ETH The standard spirals upward (of course, it also plummets when it falls, the on-chain leverage is liquidated in succession, and on-chain lending is 90% responsible for the oversold in the last bear market) The first principle of price is the relationship between supply and demand. The essence of Ethereums rise is the explosion of demand for ETH: - ETHs application scenarios explode: gas, ETH pair lp, on-chain lending collateral, and NFT trading all require ETH - The wealth effect drives demand: DeFi mining, protocol interaction airdrops, blue-chip NFTs... have been producing wealth-making myths, driving the explosion of ETH demand. As long as the wealth effect does not stop, the demand explosion will not stop - Locking ETH supply on the chain: ETH pair lp, purchasing NFT, and mortgage lending lock up ETHs liquidity, reducing ETH supply - Macroeconomic cycle: macro-release, mortgage lending releases liquidity, and BTC profit-taking increases U supply The logical relationship between the above elements is: 1. New technologies, new narratives, new assets, and new asset issuance methods are non-consensus. Only non-consensus can have wealth effects. Broad consensus does not exist 100× 1. The opportunity of buying new rather than old. 2. The early wealth effect attracts hot money and stupid money, and fomo begins, and the wealth effect expands. 3. Exchanges (mainly bn, upbit, and coinbase) intensively list coins, first-line VCs hold heavy positions, and project parties gather together, forming a trend. 4. The whole process is accompanied by a continuous increase in ETH demand and supply lock-up, entering a positive growth flywheel, and ETH becomes the most certain alpha asset. 5. There is one most important premise for the above 1-4 to be established: in the right macro cycle, the following questions are here: - Which chain has the most attention and hot money now? - Which chain has the biggest wealth effect? Most likely to generate Fomo emotions? - Which chain has non-consensus opportunities such as new technologies, new narratives, new assets, or new asset issuance methods? - Which chains native coin demand is increasing? - Which chains project parties and VCs are starting to gather together for layout? If your answer is not $ETH, then you will naturally know the reason why $ETH cannot rise. Roadmap, token economics, performance improvement, composability, interoperability, dating, selling coins, foundation style... all become a way to avoid the main issue in the face of the simple supply and demand relationship. The answer is simple: there are many participants who need the security of Ethereum, such as L2s, but when the bull market comes, almost everyones demand for $ETH coin decreases. Has anyone seen that staking/re-staking can bring wealth effects and create wealth myths? Eigen Layer puts the final end to this issue. Will Ethereum rise in the future? I dont know, but we do have to gradually accept a fact: people no longer need Nokia that much.(来源: Twitter )

10-21

@boreaswu

What Pump.fun really wants to replace is not the value coin organized by VC, but the users and liquidity of high-leverage contracts. Playing Pump is more volatile and has a faster cycle than 100x leverage. The user profiles of the two products are extremely similar. In the next six months, CEXs contract trading DAU and profits will decline sharply. The once most profitable business now has to face the frustration of being powerless against dimensionality reduction attacks. (来源: Twitter )

10-18

@BroLeonAus

《Why are some airdrops effortless? Hit the opportunity of the mid-chain ecosystem》 I have a feeling that when the trend of a chains parent currency is strong, the pattern of the projects above will also become larger accordingly, which is reflected in the simple conditions for airdrops divided into two groups, or the opening price rises well, and active chain ecosystem users can really make money without doing anything. I have verified this logic in the ETH main chain era, the BSC era, the SOL original era and the Renaissance era, and have reaped the dividends. Recently, I feel that @SuiNetwork also has this intention. Yesterday, a project @DeepBookonSui on SUI issued airdrops to a large number of users who participated in defi activities on sui. Although the conditions of the airdrops are unclear, most of those who have played @navi_protocol have received tokens worth more than 100 U at the time. Moreover, in the past day, the price of $DEEP has tripled, turning fast food into pigs feet rice, especially the brothers with more accounts are comfortable. The most important thing is that this airdrop really did not do any PUA, it was pure pie in the sky. Then, also yesterday, the top perp project @bluefinapp on SUI directly airdropped 500,000 $PYTH to the community x.com/bluefinapp/sta… I got a few hundred of them, but I just brushed some trading volume before, and I was a little confused about the money. (Here is a small advertisement for bluefin, the British team is quite down-to-earth). Why are there no big airdrops on ETH/SOL/BSC that used to make money easily? Because the local currency has risen, the process of sub-coin distribution for infrastructure has mostly ended. Other public chains still have the opportunity to enjoy the Davis double-click. Although I have heard some rumors recently about the project party pulling the market in order to ship $SUI at a high level. Regardless of whether it is true or not, from the three-plate theory, pulling the parent coin, and then pulling the sub-coin to drive the parent coin to continue to rise is in line with the interests of all parties. We users only need to step on the trend wave at the right time to enjoy the push-back feeling with half the effort. Who will benefit from the next main chain + ecological dividend wave? The un-coined project that I am looking forward to is @movementlabsxyz, which will probably hold a TGE next month. As for those that have already issued coins, it is not clear which one has officially launched, but SUI has set an example for everyone. There are so many L2 king projects, and it is difficult to replicate SUIs success if you dont know how to operate. As far as I know, some chains are already negotiating OTC deals with VCs, so we will have to wait and see whether they can succeed.(来源: Twitter )

10-15

@leslie_bit

I think the most important thing in web3 game data is not DAU, not on-chain data, and not even the floor of NFT. The first is retention. Talking about data without retention is just a hooliganism. How many games can still maintain retention after airdrop activities? The second is payment data or the revenue ability of the project party. The revenue here does not include revenue from tokens. On the basis of retention, everything becomes meaningful. Dont lie to yourself!(来源: Twitter )

10-14

@thecryptoskanda

[Open Source Scythe 21 - Why do pre-TGE communities often become abandoned?] The controversy over Scrolls airdrop actually fully demonstrates that before the liquidity related to the main currency is generated, any pre-TGE community is actually meaningless. This has been confirmed countless times in practice. If you dont believe it, look at: Sui, the three rounds of testnet did not give any airdrops, only whitelisted users of exchanges and Discord activities, causing early users of the entire network to curse SuiScam. But after the listing, Cetus IDO plus Bullperk user rewards increased the usage and TVL, successfully reversing the trend of APT. The test network mint NFT was given a minimum living allowance. However, after the main network, a wave of mojito rug and subsequent projects were weak, and it once became a Korean meme coin. So far, the ecosystem has not improved except for sporadic Thala, Tugou GUI, and DOODOO. Merlin, in the early stage, had the strongest community consensus in the entire BTC, but the opening generously distributed community airdrops (even when some TVL big holders did not cash in the airdrops), and the price did not maintain, and was still scolded by the whole network (because many pledged assets returned to zero). Whether to issue airdrops to early users will be scolded; the reputation of the project in the later stage has no direct relationship with whether to issue airdrops or not, but only with the expectation management and the cluster bound by token interests in the later stage. The purpose of the project to do community and data in the early stage is to negotiate with the exchange as a bargaining chip. There is no doubt that the means serve the purpose, which has nothing to do with whether the project party is arrogant or not. Loyalty is not absolute, that is, absolutely disloyalty. Only communities that are bound to the project’s liquidity are real communities. This is mostly impossible before TGE. Second, the project side is actually unable to deliver redeemable and transparent rules in advance. Being a user is for listing on exchanges, and exchanges have different listing strategies every quarter and every month. Whether your project is good or not is one thing, but what really determines whether you can be listed is your fit with the current listing strategy and the cost you are willing to pay for it (part of the strategy). This cost may not be known for a week or even a few days before TGE. So @jason_chen998’s retelling of @yezhang1998’s bitterness is completely true. You think you are working for the project side, but you don’t know that the entire industry, including the polychain Ethereum Foundation, is working for Binance. Third, this problem is more troublesome for L2. Its gas is basically BTC and ETH, and the main trading pair quote tokens are also. That means that after the L2 main currency is launched, it is impossible to distribute it like APT or SUI, at least because it needs to be split and issued with holding logic. After the L2 main currency is launched, all secondary retail positions can be regarded as selling pressure. Why do you think L2 will generously send you airdrops? Therefore, if you are a user and you think that the airdrop logic on the project side mentioned in Open Source Scythe 13 and 16 is too complicated, then remember: 1. Dont try to get project coins that cannot be used for splitting, such as most Layer2 2. Do tasks that generate real money and real transactions, but dont make the single task large, but wide-ranging 3. If possible, become a project party, become a kol, and be the one who can threaten the project partys coin listing process from public opinion 4. Keep a normal mind, Scroll is not the first, and it will definitely not be the last. Think about Pinduoduos cuts. If you know its a scam, will your mother stop sending you links? IceFrog said it well, Power is only responsible to the source of power. It will be good for you to understand this early(来源: Twitter )

10-12

@keyahayek F

The recent MEME market opportunities are indeed good, but I will continue to hold a large position in A shares, and play with small-cap MEME as if playing mahjong. The idea is roughly like this: Beta: - Cryptocurrency Beta Subjectively feel that the certainty and upside before the election are not high. Even if there is a wave, whether from the on-chain data or from the macro US stock cycle, it will be the last wave of this round. Dont worry about not being able to buy 60,000 bitcoins in the next bear market MEME: - The $BOME level in the first half of the year, which has both certainty and the ability to take positions, has not yet appeared on the chain. It requires time for liquidity to overflow, which is not available at present. - The current way of playing is still to focus on small-for-big opportunities on the chain. Such opportunities do not require particularly large positions. The maximum is 100,000 US dollars. If it is larger, it will be used for exit liquidity. - If your strategy is to take 1% of the chips for each MEME, you will lose money very quickly. - The current MEME market, especially the sustainability of the old coin archaeology market, requires the continuous cooperation of large exchanges, but the paradox is that Gotbit caused the deceleration, and secondly, it is impossible for everyone to perform the money-making effect like lowercase. Listing will definitely slow down. Shanzhai: - Even if it starts, there were only a few sectors at the beginning of the bull market last year, such as inscriptions 3-5x, and the general rise was after January. - Lowercase MEME, which is within the institute, is also classified as Shanzhai here. This kind of opportunity to take a large position has a good wealth-creating effect, but it is hard to come by. There are so many new CEX coins this year, that is, lowercase and NOT. Lowercase is lowercase, and the next one will not be lowercase. It is likely to be a coin welcome ceremony. A shares: - The first wave of 2600-3700 seems to be over, and subsequent policies will definitely come, and the largest buyers of monetary policy have not started buying yet. As for whether it is effective or not, that is another matter. So I personally think it will not fall back. It may fluctuate at 3000-3200 for a while and then go up. The bottom is likely to be in this range. As for how much it can rise, this is a theological category-If the situation changes drastically, I want to switch from ASHR / CNXT / 2823 / 3191, which is much easier than you, that is, SELL + BUY $IBIT.(来源: Twitter )

10-09

@Christianeth

As stupid as I am, I finally brainwashed myself successfully when I was actively building the Cheems community this week. I boldly predicted that this round of bull market will be a meme bull market. There will be no more copycat bull markets. There may be phenomenal applications, but liquidity will be firmly concentrated in the memecoin track. Smart institutional friends have already laid out in advance. Whether you are a VC or a liquid fund, if you want to be responsible for LP, please boldly lay out meme. After participating in meme, don’t be a dull person who only buys but doesn’t speak. This kind of big investor should be despised the most. After buying tokens, you should go to cx. How do you write investment research articles that you don’t believe in to cx infra? How should you use your influence to cx memecoin? I believe everyone can do it well. The most important thing is that you have doubted your life for so long and have taken such a long vacation. When you really get addicted, you will find that the meme community is the happiest place in the currency circle. This kind of belief and passion that does not require thinking can sweep away your doubts about the prospects of the industry, increase dopamine, and regain the feeling of youth. A month ago, I was still very reserved about CX, and felt it was shameful to do this. Now I realize how naive I was. This is the most noble behavior in the industry and a prerequisite for the bull market you are all looking forward to. Just getting on the train without CX is equivalent to getting it for free, which is the tragedy of the commons. Happiness and faith are gained in the process of building. Even if the money is gone in the end, at least you still have that wonderful time.(来源: Twitter )

10-08

@Rocky_Bitcoin

The current total market value of A-shares is RMB 102 trillion (including Shanghai, Shenzhen and Beijing) The current total market value of US stocks is US$50 trillion, which is approximately RMB 350 trillion (including Nasdaq, NYSE, AMEX, etc.) Chinas GDP in 2023 is US$17.89 trillion The US GDP in 2023 is US$27.37 trillion Combined with the factors of certain financial water content of Chinese listed companies, GDP water content, and the relatively backward factors of this round of AI technology revolution, the expected total market value is 120-150 trillion, which should be about the same! That is, the increase range of 20%-50%, fighting and retreating, this should be our current strategy for the expected return of A-shares! Finally, embrace the great #Web3 and invest in #BTC!(来源: Twitter )

10-07

@evilcos

OKX Wallet @okxweb3 This authorization risk reminder is very good, reminding you that the DApps you have authorized in the past have not been used for more than a month. You should check and cancel them. When the Gas is not high, it is most appropriate to cancel the historical authorization. However, there are two points to note: 1. Some actually have no authorization quota (or the authorization quota is limited), and the authorization is a well-known protocol, so it is not critical to cancel it or not. It is a good habit to review this yourself and combine it with @RevokeCash. 2. If you encounter the situation where Gas is cheated when canceling authorization, you must pay attention. This situation often occurs in messy garbage airdrop tokens. When canceling authorization, pay attention to whether the Gas is unusually high... If it is, dont continue and ignore it.(来源: Twitter )

10-04

链研社

ETH may be the coin that has caused the largest total amount of losses, the largest number of losses, and the widest range of people in the cryptocurrency circle this year. No matter where you buy it this year, there is a 95% probability that you will lose money now. The current market value is equivalent to Alibaba, and then lets take a look at Alibabas fundamentals. In fiscal year 2023, Alibabas revenue was 868.687 billion yuan (about 126.491 billion US dollars) and its net profit was 65.573 billion yuan (about 9.548 billion US dollars). Now if you have to choose between Alibaba and ETH, which one would you buy?(来源: Twitter )

09-19

@lanhubiji

The crypto field has actually been in a state of pulling and swinging. This is not a phenomenon unique to this cycle. Todays state is the result of gradual evolution over the past decade. The crypto field was initially supported and developed by the community. Ethereum itself was also born out of ICO funding, which also reflects the original community spirit of the crypto field. But later, due to the chaos of ICO, supervision was attracted, which led to the entry of VC, a web2 institution. Originally, there should not be VC in the crypto field, but supervision led to the enhancement of VC. VC therefore had the opportunity to obtain regulatory arbitrage, but it did not change the uneven status quo of crypto projects. Instead, it made some retail investors who could have participated at a lower price suffer. It also led to some VCs in this cycle gaining a crushing price advantage in the crypto field. However, due to the high FDV, the market was seriously dissatisfied. Although some projects may be of good quality, retail investors abandoned VC coins and turned to meme. This is a kind of resistance and another form of ICO. But the disadvantages are also obvious. Most memes cannot provide value continuously, and their upper limits are ultimately limited. Therefore, due to this pull, the crypto field has entered a state of swinging back and forth. This discomfort is directly reflected in the market. The scale and scope of the wealth effect have dropped significantly, which in turn leads to a lack of sufficient attraction for the inflow of external funds, resulting in the overall loneliness and confusion of the market. To break this state, VCs and project parties need to lower their expectations, lower their initial valuations, and give the market enough space, but this is difficult to do. The decline can only be achieved through market depression, so there will be a slightly longer waiting period and a more confused market. The above is a relatively negative industry state, but even so, the growth of the entire industry is visible to the naked eye. Ethereum has solved the scalability problem to a certain extent in just one cycle, while also taking into account decentralization and security, which provides a solid foundation for the outbreak of applications in the next cycle. This is a remarkable achievement. L2 does not explode in this cycle, but it does not mean that there will be no opportunities in the future. In addition to the gradual improvement of infrastructure, the application aspect is also developing well. In addition to the continued development of dex, perp and lending in the DeFi field, stablecoins have become the largest application case in the entire encryption field. In the future, the penetration rate of crypto payments will further develop. With the continuous investment and exploration in RWA, AI, depin and games, there will be a high probability of considerable breakthroughs in the next two to three years. The decentralized prediction market polymarket has only made a small start, and more breakthroughs are on the way. In general, the native spirit of the crypto field is blood-suppressed by the power of the traditional world, and it is almost impossible to develop independently. In this gap, it can only compromise partly, and then gradually integrate and reshape the traditional world. In this process, with the gradual improvement of infrastructure such as Ethereum, various new things will gradually be born and developed. This is an evolution that is not subject to human will. The universe is transformed, and all things are born together.(来源: Twitter )

09-18

CryptoApprenti1

First of all, we need to understand the current structure of the cryptocurrency projects. It is nothing more than a process where a VC pays a project party with resources to conduct marketing, find KOLs to shout orders, and sell on the exchange. @binance acts as a referee in the middle because of its monopoly position, and has made a lot of money in recent years. In fact, the $NEIRO conspiracy group just did what the VC and the project party did minus the middleman, allowing retail investors and KOLs to get chips early, and not giving them to these VCs who smash the market, but directly giving them to KOLs to shout orders. People who enter early are similar to VCs, getting early chips, and also joining the shouting, and profiting from the rise. Are the VC coins with a market value of billions of dollars on @binance @binancezh better than the conspiracy group? Isnt it good to let retail investors directly become VCs to speculate on their own meme coins? Must they take over the air coins of VCs? Arent they all memes? VCs finance the project party, and the project party uses the financing money to go to the exchange, do marketing, find KOLs to shout orders, and finally go to Binance to let VCs sell to retail investors. The conspiracy group snipes 75% in the early stage, and uses this part of the chips to exchange for the support of big KOLs, and uses the money from the early sales to list on the exchange, marketing and operation. Without money, who can support this project? Even the market maker cannot be found, let alone listing on the exchange! Everything costs money. The currency circle is a process of continuous manipulation. It just depends on who is the person who manipulates the market. There is no VC in $NEIRO. Everyone is a VC. At least retail investors who follow the conspiracy group can make money. A main force leads a group of retail investors to pull the market together from the beginning, which is much better than VC. FDV listing on Binance is much better than directly smashing the market. Binance enjoys the feeling of acting as a referee in VC coins. It has always monopolized and dominated the market. The VC coins they recognize are value coins. The project parties have been kneeling to Binance, and the VC coins they do not recognize are nothing. Now they want to do the same in the meme market. This is the truth of the so-called CTO community takeover. I will expose several official projects that are involved in the backstage to warn you. As for the lowercase $Neiro, the main force has been replaced by Binance itself. Otherwise, with such strict coin listing review, who will sign the documents and who will provide market makers? There is no CTO in the world. When more people believe in it, there will be a CTO. This world is made up of different conspiracy groups, and the winners will be kings and the losers will be bandits. (来源: Twitter )

09-13

@BroLeonAus

Unisats Conspiracy, Do You Play or Not? Since I wrote this article, many people in the community have asked me whether I should play now that CAT20 is so popular and all kinds of proxy players have come out? I saw a CAT20 market value calculation chart from @TuTuGe123 and borrowed it for use. At the beginning, people who played CAT20 had less than 10 gas. The gas was 300 at noon the day before yesterday, 2000 yesterday, and 5000 today. So the market value is estimated to be close to 10 million dollars. Is it possible to continue to rise? It is not ruled out. After all, the logic of small-cap stocks pulling the big market, at least CAT20 has a significant consumption effect on $FB. After playing, people with low costs in the early stage also have a strong motivation to spend some money to pull the market and form fomo in the secondary market. However, the cost of playing now is more than 10 times that of the early stage. Those who rush now can only hope that the market maker has a big pattern. On the contrary, for this conspiracy played by Unisat, I think the price of $FB will not fall in the short term. After all, as long as small-cap stocks continue to be released in the future, it will be enough to consume. After CAT20 comes the inscription, and after the inscription comes the NFT, one after another waiting for you to roll and gamble. In addition, here are two more guesses: 1. Currently, many of the big players who play CAT20 are miners, so the dealer is likely to be in this group. Originally, the $FB in their hands was mined for free, and using it to play CAT20 is equivalent to directly reinvesting to expand the income. And mining CAT20 is a threshold for most people, but it is basically equal to zero threshold for them. A considerable part of the early low-cost chips may be in their hands. If I were a miner, I would definitely not miss such a deterministic opportunity. How sweet it would be to expand the plate with unisat, and wait for more retail investors to come in and make a big profit? 2. So far, $FB has been discussed lively enough in the Chinese circle, but except for Coinex, a third-tier small CEX with the background of a miner boss, no familiar CEX has been launched. Dotswap trading experience is not good. Sesame @gate_io has opened recharge for 2 days, and there is no mention of when trading will be opened. I suspect that Unisat is following the classic operation route of mining coins, that is, deliberately not listing on CEX, artificially making trading liquidity more difficult. Friends who have experience in playing POW coins should understand what I mean. Didn’t the large number of POW coins force everyone to register for those wild exchanges developed and operated by one person? Even $KAS was not traded by any big exchanges in the early days. In short, Unisat’s operation rhythm is good this time. It feels like there are people who know the business behind it. It should be able to play for a while. The miners are the biggest beneficiaries. I just need to wait for the little leeks to take a bite when I see the opportunity. You must know that their chip cost advantage is too great. Don’t take the bait and get yourself involved.(来源: Twitter )