BLINK experienced a 100-fold surge due to 'value discovery', with the TikTok concept continuing its money-printing model | What is being speculated today?
Yesterday, I reviewed the information about blink. I remember it was a project that came out in July, essentially a KOL recommendation for token buying and selling with the opportunity to earn commissions. At that time, NFTs surged a hundred times in a few days, and then the tokens were issued. However, due to insufficient market sentiment to support the hype, the excitement faded. Recently, there has been a sudden value discovery.
Let me share something with you. Generally, when the main leader of an ecosystem rises, funds will overflow to other targets. So, if you are sensitive enough at this moment, you will rush into the second and third leaders. The result is likely to be profitable. But to make money, you need to meet several points;
First; have research on the ecosystem itself and continuously pay attention to its main targets and projects.
Second; you need to value the project before it rises, which means value anchoring.
Third; be familiar with on-chain activities, buying in the instant the news comes out, setting targets, prices, positions, and plans.
I will continue to share some good strategies on how to monitor projects.