September 13, 2024

As expected, there is no smoke without fire. Today, BN announced a new LaunchPool, which is also a small project of TON ecosystem, Hamster Kombat. BNB and FDUSD holders can participate. To be honest, I have never heard of this project. I only know that it is a Telegram applet. How do you understand it? It is a game of WeChat applet. It is clearer to say this.

So do you think B-circle projects are worth believing in? I am confused and puzzled. A telegram applet project can be listed on BN's Launchpool and have a market value of hundreds of millions of dollars. Of course, BN is just for traffic. After all, there are few truly valuable projects now, and it is good for you to be listed on projects with high traffic. However, we must understand the internal logic of investing in a project and buying a coin. We cannot invest just because it is listed on BN or because of media hype.

At this point, some people may doubt the true value of B Circle. Frankly speaking, there are not many application scenarios that can be clearly seen, otherwise it would not have this market value. What we need to do is to invest heavily in projects that have been verified by the market, and wait for new value creation. Having said that, although the projects launched by BN cannot be seen at present, they may have value that we cannot see. But if you don’t understand, you don’t need to buy them, and wait for the next opportunity.

In terms of the market, the short-term is stable with some progress, mainly because some copycats are slowly regaining lost ground. Looking at the stocks that shouted to buy the bottom a few days ago, some of them have risen by 20%. In view of the sideways trend of the market, we can look at the situation and sell some stocks with more rebounds, such as short-term profits of more than 20%. For the others, we will wait until the big cake reaches 60,000. This is still a short-term direction.

Thank you for your attention and likes.