Oh my god! This coin is going to go up in value. I’m going to buy 10 million of it!
The rune is finally out, and this is the rune I am most optimistic about!
So what are the major benefits of BNB, WIF and MERL? Let’s follow Shuqin to find out.
First of all, Binance has big news again. It is about to release the MegaDrop update, which is likely to make BNB soar and aim for 3000u.
I believe everyone is familiar with Binance’s various LaunchPool new coin mining. It is basically held every week, and its annualized compound interest has exceeded 100%. Every time a new coin is launched, BNB will surge. Shuqin thought that this was wild enough, but now there is not only new coin mining, but Binance has also launched an airdrop mining.
My goodness, this is to collect all the airdrops of the king of this bull market, and these two mining can be done at the same time. My God, the annualized rate of return of holding BNB will be over 200%, which is simply outrageous.
So in the future, staking BNB to mine new coins in LaunchPool and receiving airdrops in MegaDrop will double the income compared to before, so will the price of the coin also double? Right. MegaDrop is not online yet, but it should be soon, because the official website has started to show it, so we are well-informed and can make arrangements in advance, because I think it will explode again after it is officially launched.
The specific gameplay is the same as the normal airdrop points. For example, Puffer or EigenLayer both pledge Ethereum. The more you stake, the more points you will get, and the more airdrops you will receive in the future.
MegaDrop also follows this model, except that other projects use Ethereum or Solana, while MegaDrop uses BNB to earn these points. It can be regarded as Binance relying on its own influence to help us get a share of the pie from major projects. In this way, the project party also makes a lot of money, because not only does it gain a lot of popularity, but it is also expected to be listed in Binance, the dream hall of all projects.
So in this case we have to re-price BNB.
Previously, a LaunchPool platform was able to send it to 1400U, which is at least the same as Bitcoin, double the high point of the last bull market. This MegaDrop and other favorable factors that may be introduced in the future are likely to raise BNB's price expectations to 2000 or even 2500.
In fact, even if it doesn’t reach 2,000 in the end, it’s not a big deal, because don’t forget that there is mining income, right? It’s equivalent to doubling it, which is really amazing.
Moreover, this MegaDrop can not only increase the annualized return, but Shuqin is more optimistic about its lock-up function.
Because only by locking up can you get more airdrop points, this function will cause 30% or even more coins to withdraw from circulation, making the tradable BNB in the market more scarce and hard to come by.
In the short term, since Binance did not launch mining last week, the probability of launching mining this week is very high, and BNB will surge by 10% at that time. Therefore, Shuqin now has a small position of 10 million BNB and is waiting for mining.
In addition to the relatively stable BNB, Shuqin feels that the upper limit of this coin may be even more astonishing.
You know, in every bull market in the cryptocurrency world, there will be a large number of people who want to get rich overnight, and the base number is really very large, so the Internet celebrity coin track will always decide a dog king, with the highest voice and the greatest consensus, and everyone recognizes it.
The old dog king Doge is generated based on the Bitcoin chain code and is considered the leader of the Bitcoin chain. The shit coin that was popular in the last bull market is the leader of the local dog on the Ethereum chain. Therefore, Shuqin thinks that WIF, as the leader on the Solana chain, is likely to be the new generation of dog king in this bull market.
Why does our local dog coin have to rush to be the leader? Because if it is not the leader, it will be easily replaced by other new local dogs and will not last long. For example, among the inscriptions, only Ordi and Sats have successfully landed on Binance, while the other hundreds of small inscription coins have gradually lost blood and become unpopular. Therefore, old investors like Shuqin are looking for and betting on the new dog king of this bull market.
The WIF in the US dares to rise and fall, and the community is really fierce, just like cockroaches. If it falls, it can be pulled up violently, and many people are rushing. On the other hand, many other local dog coins cannot rise after falling, and the community is not active at all. So I think WIF has the potential to be the king of dogs, that is, it will reach a height close to that of shitcoin at the peak next year. Now the market value of shitcoin is 26 billion, and it will double or triple to 50 billion or even 80 billion next year, so WIF will reach this market value of 50 to 80 billion, which is an increase of more than 20 times.
Of course this is an optimistic scenario. Even if it does not become the new dog king, it will multiply several times in the bull market along with the local dog sector, and the peak is expected to reach 10u, which is about 3 or 4 times. This increase is still not inferior to Bitcoin.
Don’t disbelieve this. In the bull market, there are really a lot of people who play with Dogecoin, and they are all crazy about it.
Let’s not talk about the last bull market. This year’s bull market has caused Pepe, WIF and other local dogs to surge 10 times in just two or three weeks. Therefore, local dogs are either silent or they will soar to the sky.
When the market fell sharply before, Shuqin encouraged everyone to enter the market in the community and the square, and bought WIF at 2u and 2.5u. Now it has risen by nearly 50%. And our Pendle, which entered at 5.5, has also rushed to nearly 7u, which makes us very happy!
Shuqin had been encouraging the audience during those days, asking everyone to bravely buy at the bottom and hold on. Because at that time I analyzed to everyone more than once that big investors had entered the market.
So although no one could predict the black swan of the Middle East war in advance, we have all kinds of data in hand for the regular market, which is a God's perspective. In fact, not only WIF, but also Pepe and RNDR, we have successfully bottomed out. Although they are not as wild as WIF, we also made a lot of profits. So babies who want to operate with Benqin can really come and have a look. We operate with the dealer every day. Let's open an order today, okay!
Okay, let’s continue.
The long-awaited runes finally appeared, and the battle situation was really scary. Except for a few runes that were green, all other runes plummeted, and many of them plummeted by 90%, which was terrible.
Shuqin's view on runes is the same as that on inscriptions and Dogcoin. You can only play with the leading ones, and the others are just runners-up and will return to zero sooner or later. But the problem is that the two with the highest market value have plummeted by 80% and 99.99% respectively, which is simply outrageous, so the risk is very high.
The Rune Zero created by Casey, the founder of Rune, is even more ridiculous, as it is released in unlimited quantities.
One will be minted for each Bitcoin transaction, and the issuance will stop until the next halving. In other words, Rune Zero is difficult to trade because it has just been issued and there are only a few of them. But in four years, the number will increase to hundreds of millions. Well, this is unlikely to happen in the short term.
So Shuqin took a look and found that only Rune No. 1 ZZZ, Rune No. 6 Satoshi Nakamoto and Rune No. 8 RSIC were barely acceptable, among which Rune No. 8 had a stronger background and greater consensus.
There are also rumors that the founder Casey is not satisfied with these runes, and he may release another rune. If it is really released, Shuqin will definitely be more optimistic about it. However, Shuqin would like to say that the risk of runes is still very high. You must only buy the leading ones and do not hold a large position. In particular, do not be fooled by people on the Internet to buy some that are too far behind, because most of them will return to zero.
The rune craze also caused a surge in gas fees on the Bitcoin chain, with transfer fees even rising to 500u per time.
Therefore, this will also promote the development of Layer 2, so STX and the newly released MERL can also be deployed. Shuqin is optimistic about the development of this track in the long term~
Finally, don’t forget to follow us, let’s achieve financial freedom together in this bull market!
