[Unbounded Club: A Beginner's Guide to Encryption]
Unbounded Club white paper 1.0 is released. The theme of the 1.0 white paper is: Encryption Getting Started Guide. The main content is: basic knowledge of blockchain, exchange understanding and registration methods, network configuration, and some advanced content in the currency circle.
In the future, Unbounded Club will continue to update the "Unbounded Club White Paper", adding more useful knowledge and techniques, and it will gradually become your guide in web3.
"Unbounded Club White Paper 1.0: Getting Started with Encryption": https://ji-de.gitbook.io/jia-mi-ru-men-zhi-nan/
Although the Federal Reserve finally lowered interest rates as expected, the market still experienced a plunge due to Powell's hawkish speech.
The club believes that the current decline will not be continuous; there will definitely be a rebound, so we are leading everyone to take a short long position on ETH.
The marking point for the ETH club was to go long around 3580, with an additional buy at 3550. The market dropped to a low of 3540, perfectly hitting the additional buy point, and then the market rebounded as expected, reaching a high of 3665, rebounding by over 100 points.
This kind of declining market is both a crisis and an opportunity, especially for contract operations. Only by reasonably planning your entry points, additional buy points, and stop-loss and take-profit points can you profit in such a market.
The listing of Fat Penguin on Binance has brought some profits to the long-lost NFT market. At the same time, its sunny airdrop has also severely hit the market.
In fact, it is not just because of the airdrop, but the new projects recently launched by Binance have all been falling, so the club chose to short PENGU.
The club marked the short position near 0.0315, and the lowest fell to 0.0281, a drop of 10.7%, which also perfectly reached the club's stop-profit point of 0.0285.
Project Introduction: Kaito is an AI-driven digital asset research platform.
Project Highlights: A total of $10.8 million was raised in two rounds of financing, with major investors including Dragonfly, Sequoia Capital, etc. Many founders or teams of projects like Linea, Berachain, Xion, and Eclipse are using Kaito AI big data to calculate an individual's Twitter influence in a certain community to assess community contribution, and the interaction is completely zero cost.
Interaction Tutorial: 1. Open the website, link Twitter, if it doesn’t connect, try a few more times https://yaps.kaito.ai/referral/1355158140480675845 2. Once Twitter is linked, you can receive an early bird badge 3. Link your wallet
This week's activity task is: Interaction task between Bedrock and Pell Network.
Bedrock is a multi-asset liquidity re-staking protocol; Pell Network is a Bitcoin ecosystem AVS service.
Airdrop preparation: BTC on the Bitlayer chain, approximately 15 USD. This can be transferred using the second step of the airdrop task from the first week (which is essentially the official cross-chain bridge).
Airdrop page: You can still find the second phase task on the advertisement page for 'Win $1,200,000 in BTR through activities in the Bitlayer ecosystem'.
Interaction tutorial: 1. Follow the two Twitter accounts and retweet a post. 2. For the Bedrock task, just click complete directly. 3. For the third task, first go to Bedrock and exchange for over 0.0001 uniBTC. After the exchange, return to the activity page and click 'Complete Now', link your wallet, select the Bitlayer chain, find the uniBTC staking layer, and stake the 0.0001 uniBTC you just exchanged. Confirm twice, with a fee of about $1.5. Remember to complete the Binance wallet task verification.
Notes: 1. If some tasks are completed but cannot be verified, just wait a bit and it should be fine. 2. Currently, uniBTC cannot be unstaked, so do not invest large amounts.
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【Binance Wallet Airdrop Carnival】
To celebrate the launch of the new web3 wallet, Binance has announced a $500,000 airdrop carnival event.
The airdrop event will last for a total of 6 weeks, with new tasks released each week.
You can participate; Binance wallet airdrops usually have great rewards!
The first airdrop project is - "Bitlayer". A total of 600,000 US dollars in $BTR token rewards will be provided.
Bitlayer is a Bitcoin security equivalent layer2 based on BitVM. It has raised $25 million from institutions such as ABCDE Capital and OKX Ventures.
The tasks are divided into three sections, and they are quite simple:
1. Complete tasks on social media platforms to share 60,000 $BTR token rewards. 2. Hold more than 0.00003 BTC on the Bitlayer chain and mint an SBT to share 240,000 $BTR token rewards. 3. Check in more than 10 times within 42 days to share 300,000 $BTR token rewards.
Note: You need to upgrade Binance to version V2.93 to access the wallet and see the entry.
Remember, when the market is talking about the spiral mechanism of USDe, it is time for us to run
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【Favorable target: $ENA 】
On Monday, two DeFi tokens worth investing in were marked, namely: UNI and ENA.
Among them, UNI's trend is very stable, and everyone's recognition is very high, and it can be held for a long time.
However, ENA is the opposite, and everyone is not interested in it. Here is an explanation for everyone:
The essence of the ENA project is to do: a decentralized algorithmic stablecoin project, and its stablecoin is: USDe, its overall scale has reached $4 billion, and in the past month and a half, the overall scale has increased by nearly 40%, second only to the stablecoin DAI issued by MakerDao.
USDe uses the neutral mechanism of DELTA to issue USDe.
USDe's APY is also super high, reaching 25%. APY is the overall funding rate obtained from shorting on the current exchange. In other words, as the market gets better, more people will go long, and the more people go long, the more they will pay the funding rate to the short sellers, so the protocol income of the entire ENA will get higher and higher. As the protocol income gets higher and higher, the APY paid to these pledgers will get higher and higher.
This forms an upward flywheel.
From DeFiLlama, the protocol income of the entire ENA has been growing continuously after the market has improved recently.
On the other hand: ENA launched a new stablecoin today, USDtb, which is similar to BlackRock, and is expected to be launched next week, which is also a big benefit to it.
From the market point of view, ENA's trend this week is also very volatile. From 0.6 at the beginning of the week, due to Binance's issuance of a competing project similar to ENA, BFUSD, ENA was about to fall below 0.5, but so far, the market has slowly pulled back, and the current highest has reached 0.834, with a 30% increase.
Next week, as the details of the cooperation with BlackRock are announced, another wave of increases is expected.
Recently, the meme about AI has been gaining popularity, with many seeing significant increases.
Meanwhile, the club has noticed the first trending AI meme - GOAT, and found that it is in a rebound upward trend, so it recommends everyone to position themselves for a potential opportunity.
The club's target position for GOAT is: 0.68, which has currently risen to a maximum of 0.9254, an increase of 35%, perfectly achieving the club's first profit-taking target.
DeFi has always been one of the key focus areas for the club in this round, and COW, as a small-cap DeFi project, is very worthwhile for layout and ambush.
The club marked the point at 0.52, and there was a significant correction in BTC in between, but the club has always emphasized holding firmly; currently, it has risen to a maximum of 0.75, an increase of 44%, perfectly reaching the take-profit position of 0.7.
To celebrate the launch of the new web3 wallet, Binance has announced a $500,000 airdrop carnival event.
The airdrop event will last for a total of 6 weeks, with new tasks released each week.
You can participate; Binance wallet airdrops usually have great rewards!
The first airdrop project is - "Bitlayer". A total of 600,000 US dollars in $BTR token rewards will be provided.
Bitlayer is a Bitcoin security equivalent layer2 based on BitVM. It has raised $25 million from institutions such as ABCDE Capital and OKX Ventures.
The tasks are divided into three sections, and they are quite simple:
1. Complete tasks on social media platforms to share 60,000 $BTR token rewards. 2. Hold more than 0.00003 BTC on the Bitlayer chain and mint an SBT to share 240,000 $BTR token rewards. 3. Check in more than 10 times within 42 days to share 300,000 $BTR token rewards.
Note: You need to upgrade Binance to version V2.93 to access the wallet and see the entry.
Currently, with the arrival of the bull market, airdrop projects have chosen to distribute airdrops at this time.
xterio has also launched the final task event to obtain the $XTER airdrop after the official announcement of the token launch.
Let's seize this last airdrop opportunity together!
Tutorial:
1. Open the website: https://app.xter.io/activities/ai-campaign
2. Choose to log in You can log in using a wallet or using a Google email, etc. If you log in with a BYBIT wallet, you can earn more points, but a certain fee is required. If you log in with a Google email, etc., the system will automatically generate a wallet for you, and this does not require a fee.
3. Double your points On the homepage, click the “+” sign on the right side in the middle, Enter the invitation code: 6ce64680c6c200146962c268589756ee This can increase your points multiplier.
4. Complete the AI dialogue task Based on the background prompts given, complete the dialogue. The system will score you based on your responses. (You can use GTP here to get a good answer.)
5. Complete tasks There will be tasks given every day, and completing them as required will earn you points.
1、$FTM FTM exchange S is expected to start at the end of this month, at which point there will be a wave of market activity. FTM has dropped 30% from its high and is ready for re-entry. Current price of FTM: 1.1523
2、$SSV ETH remains steadfast in its outlook for new highs. SSV, as the staking infrastructure for ETH, will likely see a corresponding rise alongside ETH's increase. SSV has dropped over 40% from its high and is ready for re-entry. Current price of SSV: 27
The turning point of the bull market has emerged, and now is the critical time to optimize investment strategies. Short-term fluctuations can be ignored. It is recommended to focus on the long term and wait patiently for the bull market to fully explode. The following are recommended layout directions:
1. Meme coin The popularity remains unabated, and emerging projects such as Neiro and Turbo are worth paying attention to, continuing the previous craze.
2. AI concept Whether in the traditional market or the encryption field, the AI concept continues to be strong. It is recommended to focus on potential currencies such as TAO, WLD, and IO.
3. RWA concept As an upgrade of DeFi, the RWA (real world asset) track has a clear landing prospect, and ONDO, HIFI and other projects can be observed.
4. Public chain track The public chain has the attribute of "storytelling", and this round of bull market is expected to usher in a new explosion point. Pay attention to potential projects such as SOL, INJ, TON, SUI and APT.
In addition, you can also pay attention to opportunities within the SOL ecosystem, such as JUP, RAY, PYTH and JTO. Binance's new coins are also worth noting. Choose projects that have fallen sharply in the early stage, such as ETHFI, ENA, and NOT, and use the high-quality advantages of Binance's listing to make layouts.
In short, public chains and Meme coins are the two core highlights of this round of bull market. Make good arrangements in advance, remain patient, and future returns can be expected.
ME, as a top-tier project launched on all exchanges just like MOVE, not only has generous airdrop benefits but has also attracted widespread attention.
Since ME was primarily an airdrop in the early stages, the founding team has locked their tokens for at least 18 months after the TGE (Token Generation Event), making it very easy to short after ME breaks down.
The ME club suggests shorting around 6.45, which dropped to a low of 5.46, a decrease of 15.3%, perfectly reaching the profit-taking level provided by the club.
UNI is currently priced at 17.5, you can add a little bit as the bitcoin rebounds
$UNI
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For $UNI , there is nothing more to say than what has already been said. At present, UNI's strength perfectly validates my views on it.
Originally, when we suggested UNI at $10, it has now unknowingly risen to $19, an increase of 80%.
I will once again strive to boost faith, taking UNI to new heights and recreating its glory!
The four major advantages of UNI:
1. UNI is the leading project in DeFi; any positive news for DeFi benefits UNI; 2. UNI is a purely American project, and it has previously faced SEC pressure, making it a focal point for future speculation; 3. UNI is about to launch its own chain, enhancing UNI's capabilities; 4. Currently, UNI is the largest cryptocurrency held by Grayscale Fund!
Still, the same saying: the more you fear heights, the higher they go; don't let opportunities slip away right before your eyes!
In this round of sector rotation, the TON Telegram ecosystem has not exploded, but there has been a clear accumulation performance. Therefore, the club has decided to position itself for this sector's targets.
Among them, DOGS and HMST have shown good increases and both have made it to Binance's increase rankings:
DOGS entry point was at 0.0077, peaked at 0.0009475, an increase of 22% HMSTR entry point was at 0.004376, peaked at 0.004879, an increase of 11.53%
The remaining two targets, NOT increased by 7%, CATI increased by 6%, also saw some gains.
Although there have been some increases, the overall upward trend still looks quite weak.