Latest News:

Last week, the annual rate of the US core PCE price index in June was 4.1%, and the monthly rate of the US core PCE price index in June was 0.2%, both showing the smallest increase. A Fed official said that although the Fed's stimulus monetary tightening measures to curb price increases may lead to some unemployment and slow economic growth, the current inflation outlook in the United States is quite optimistic. He believes that the US economy can achieve a soft landing, and if it needs to continue to raise interest rates, the Fed can stick to it.

Let’s see what major events happened in the cryptocurrency world over the weekend?

The first is the meme of the base chain ecosystem that suddenly broke out in the past two days. BASE can be simply summarized as Coinbase participating in and developing a series of ecosystems. After the launch of bald in the past two days, the increase was amazing, with a 24-hour trading volume of 97 million US dollars. In addition, bald was launched on the DEX platform leetswap and began trading.

The hype of the BASE chain ecosystem meme has only seen the traffic and dissemination effects, and there is actually no deep logic to speak of. Bald's popularity also boosted the leetswap trading volume. The market hype of bald is mainly because it is the first meme coin on the base chain behind Coinbase. As for the hype of local dogs, I personally think that we cannot fight for a long time. It is just a short-term hype. Once you make money, you have to run away and not have too much faith. Because most memes are hyped for a wave, and then they are a mess and eventually die out.

Another hot spot

Curve was attacked this morning. Because some of the stablecoin pools of Curve used a version of Vyper that was recently vulnerable to recursive failures, after being attacked by hackers, the oracle did not update normally and did not quote, resulting in many on-chain transactions being difficult to liquidate. Subsequently, the price of CRV fell sharply. If it falls to $0.56, you can consider buying the dip.

ON

The daily line just looked up, it is worth paying attention to. BASE is built based on OP, and Celo may also build a new Layer2 based on OP. In August, Binance will launch a new trading platform in Japan, which will have a certain stimulating effect on #BNB. BNB is also paying attention. The current position recommendation is 30-40%, so that you will not miss out and have a lot of bullets.

OP. Many of our friends in our small circle hold OP. They entered the position at 1.24 and have made a profit of 35% so far. This is a relatively stable operation strategy and currency, with certain positive factors. At that time, it was believed that the Cancun upgrade would bring good news in advance, so we ambushed OP in advance. Who knew that Jin Gou would show up halfway and have something to do with OP?

Currently, it is near the first resistance level of 1.66. If it breaks through, the next level to watch may be around 1.95. Pay attention to the heat rhythm and gradually reduce your position.

Even though OP is still unlocked today, the positive news has obviously covered the negative news of unlocking. The previous drop to 0.8 has already consumed all the negative news about unlocking. So it is also a good way to participate to continue to look forward to this ecosystem to do something to drive OP.

OP is so awesome, what if I missed it?

Don't be in a hurry, just ambush the ecosystem. The first leader is of course Velo, yes, Velodrome, it is not listed on Binance yet, but there is a very high chance of it being listed, just like ARB has RDT, OP will definitely have its own loan coin, listed on Binance, it is now around 0.15U, the market value is very low, the target is 1U.

BALD surged 600 times. How to play? Is there still a chance?

Another big dog, BALD, has emerged, backed by Coinbase. It is said that the project has not yet started operations, but it has already soared 600 times. How to play? Is there any chance?

Last night, I completed the process of entering bald through base at around 0.044. It was too late at 1 a.m. to share.

Several ways to participate in bald and the corresponding risks:

1. Currently, the coins on this chain can only be received but not sent. I heard that the main network will be upgraded in August...

So, at this stage, it is obviously a stand-alone game. You can charge E.TH to exchange for BAL, or you can exchange BAL for ETH after making a profit, but you have to wait until August to see if you can withdraw it. So you can only play with a small amount of money, and you can receive zero 💰 to play. (Of course, if you are sure that you can withdraw it, that's another story)

2. If you are unwilling to take this risk and are afraid of going without return, then wait until August to confirm that you can withdraw the money and then see which period you can take.

Just like the primary market, you raise a B, and when it can be listed on the secondary market, it is equivalent to unlocking it, and you can take it out and sell it. Generally, there will be a wave of selling pressure at this time. Wait for the selling pressure to end and then see the rhythm of the subsequent project operations, and then operate according to other people's rhythm. This is the second way.

3. This "local dog" is on base, and the parent chain is base. Another way to play is to play with base according to the operating rhythm of the local dog.

I tried the base chain and it's pretty good. There's no need for a cross-chain bridge, you can cross it with one click. You only need to deposit to the address of the ecological project in the same wallet, and the coins will be transferred to your account (it feels a bit magical. At first, I was afraid of depositing to the wrong address and paid the handling fee to try. I was relieved after the coins arrived)

The base I have seen so far is Open Sesame, but it went up to 60 yesterday, from 03 or 04 to 06, so there will be risks in the short term, so be careful to control your positions. But I don’t know if the base project will use this popularity to promote it and go public on Ouyi An’an or something like that.

If you like it, please like and follow~