The long-awaited zksync airdrop is finally here. Some are happy while others are sad. The airdrop rules are quite strict. Those with multiple accounts are basically denied. I only have two eligible accounts.
After checking the social media platforms, I found that there are quite a lot of people who have reversed their investment, and the proportion of airdropped tokens is also quite high. The main reason is that the market is too competitive and the intervals are so long.
Check if you are eligible here: claim.zknation.io
The overall market is weak at the moment, and the entire L2 sector is lifeless. I don’t know whether it is a good thing or a bad thing for zksync to go online and sell airdrops at this time.
After the subsequent tokens are launched, if the price opens low, it may be an opportunity for secondary market players, but for airdrop players, they definitely hope to sell as high as possible.
The crypto market is seriously worried about the L2 narrative FUD. Take the Optimism project as an example:
Recently Optimism reached a milestone that allows tokens to be withdrawn from the OP Stack Chain to L1 without the need for a trusted third party.
Despite such great good news, the OP price trend did not change, retail investors did not follow up, and market makers did not care.
Today, the IO project was also listed on Binance. The token price is around US$3.5, and the market value is US$350 million, which is considered to be average.
As for whether you can buy it, you can only decide for yourself. The listing of new coins on Binance generally has a large short-term amplitude. Sentiment determines the short-term trend, and price determines the future trend.
In the financial market, you must prepare for the worst. If there is no general rise in altcoins in this bull market, how should you respond?
Laobi: It was thoroughly cleaned up in the bear market, followed the core narratives and market hotspots, and the project team had strong marketing and hype capabilities.
New coins: Listed on major exchanges, can have a sustained market trend. The chips are concentrated and have undergone a relatively thorough wash.
The market has been weak and falling in the past two days. Judging from the trend, a change in the market is coming. Tomorrow is Wednesday and there will be CPI again. There will be an interest rate meeting in the early hours of Thursday. It is expected that the bulls will explode first and then the bears.
Pay attention to short-term risks. To know where the short-term bottom is, you can look at the accumulated higher liquidation positions of long and short positions.
For example, $7.4 billion worth of Bitcoin short positions will be liquidated at $74,000.
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍