Ethereum's current data is quite impressive. Bitcoin and US stocks have plummeted, but Ethereum's ETF is still seeing net inflows against the trend?
It seems that many big investors are planning for the Prague upgrade in March in advance, and the more it falls, the more they buy. Therefore, ETH and ETH ecological coins can really take advantage of this wave of pullback to ambush. For example, AAVE300-320 is a good entry opportunity. Pepe, as an Ethereum Meme rookie, is also worth ambush.
Don’t be anxious after buying it, we will be able to witness the miracle in 2-3 months!
There has been no market activity in the past few days, but don’t worry that the bull market is over. Grayscale also believes that the bull market will continue for 25 years.
Among altcoins, the AI agent sector performed the best today, with virtual, ai16z, and ELIZA all rising by more than 20%.
This time when Bitcoin fell back, virtual, aixbt, game, ai16z, and ELIZA did not fall much, which shows that the market consensus on AI application projects is relatively high and they are more popular with big capital.
Now AI agent is more like Defi Summer, and the AI agent track may explode next year. Various AI+blockchain gameplays will appear next year.
After entering a little $METAV, my logic is very simple (for reference):
$METAV is a project that combines AI + TEE (technical executable environment). Together with $Spore, it has become the twin star of AI TEE, enhancing the AI narrative. However, $METAV focuses more on community development.
The project broke the pre-sale price, with the highest increase reaching 4.5 times. It has now returned to the pre-sale price, and the community foundation is solid.
The founder @123skely did not re-establish his account after being blocked on Twitter, and the loss of contact has made the market bearish. Once he returns, there may be a reversal.
A16Z-related tokens $ai16z, $ELIZA, and $degenai have performed strongly recently. A16Z has made a heavy bet on the AI field. As its direct project, $METAV has a short period of abandonment, but it is still worthy of attention.
$Spore, a competitor in the same field, has performed strongly, with a market value of 80 million, twice that of $METAV.
If you are optimistic about the Memes + AI narrative combination, A16Z tokens are the best choice, and every pullback is a profit opportunity.
I bought HOOk for $30,000.
Reasons to buy:
1: This is the coin that cz carefully selected when he was working. He is currently working on the first application combining AI and education. cz is also currently focusing on education, and will cooperate with cz’s own projects in the future!
2: At the current bottom state, it can no longer fall, and it has been accumulating funds. If a breakthrough is initiated at any time, a large positive line will be seen. You can enter the market at the current price and wait for Lafite
Why is Phala Network suddenly popular in the market?
Many people are puzzled. Why
Why did $PHA suddenly become popular? To be abstract, even PhalaNetwork may not have thought about how it suddenly became the chosen one.
There are both chance and inevitability behind the explosion, and it is indeed not caused by any conspiracy or conspiracy. There are three key points: TEE technology is well prepared, ai16z has been trusted, and AI Agent is in the right place:
1) Phala Network’s efforts in TEE technology are the “inevitable” reason for this. Why do you say that?
Although TEE (Trusted Execution Environment) is not a new concept, it has always been a "side door" in the mainstream technology narrative of Crypto in the past few years. For example, there have been many high-performance chains competing with language advantages such as RUST and MOVE, and there has also been a ZK technology trend with ZK as the main theme. TEE and MPC, FHE, Blind Compute and other encryption technologies also occasionally appear in the differentiated positioning of individual projects, but compared with the popular ZK
Not on the same level at all;
In fact, mainstream chains are focusing on the efficiency of "block space" (MEV, TPS, Gas
etc.), ZK technology is only applied to the most basic trusted state changes between layer1 and layer2. The advantages of ZK technology in more aspects such as zkVM virtual machine bottom layer and zkSNARKs iterative chain data structure have not yet been put to good use, let alone the achievement of a larger scale Mass Adoption.
The main reason is that previous technical narratives all pursued a pure "on-chain" environment. ZK is the first step to separate off-chain computing + on-chain verification, but the overall goal is still to serve the "on-chain". The trusted execution environment of TEE is naturally a "preprocessing" process of the "off-chain" secure enclave environment.
It can serve on-chain, and is also the result of the gradual expansion of the new narrative of Pre-confirmation by leading projects such as Unichain and Flashbot. In other words, without combining with the chain, TEE is a mature technology of pure web2. When combined with the chain, it can bring about trusted preprocessing, isolated privacy computing and other wonderful uses.
Therefore, people or projects that dare to apply TEE technology to the blockchain field must be able to endure loneliness and have a unique and wise vision. In this regard, PhalaNetwork does have a mature TEE solution, no doubt;
2) What Phala Network didn’t expect was that a mysterious customer named “ai16z” suddenly emerged and adopted its own TEE solution. This was the biggest “accidental” factor in PHA’s popularity.
After I saw AI-Pool’s official AI Agent’s self-issued tokens, I immediately tweeted a technical interpretation of the TEE solution (TEE allows AI to autonomously manage private keys and sign applications in an invisible and secure enclave environment), as well as the historic opportunity that phala and ai16z may have in their cooperation. (That is also a great place to get on board for most retail investors).
There is no need to say much about ai16z's current status as a super commercial IP in the AI Agent track. AI-POOL uses Phala's TEE solution, which at least shows two things:
Phala’s TEE solution has many mature business cases and was selected by ai16z;
Phala's TEE solution will be the first to take advantage of AI Agent PumpFun's big business idea of AI controlling private key coin issuance.
If you understand this, you will naturally understand that Phala
What can we gain from AI-Pool, the phenomenon of intelligent agent self-issuing coins? A very natural logic is that when the AI Agent coin issuance trend continues to drive, the private key management and remote authentication services provided by TEE will become a "must-have" business, and at the same time, a complete set of on-chain verifiable consensus adapted to the TEE off-chain environment will become a plus point, which can be said to be a new infrastructure in the AI Agent era.
So, after investing in PHA, I may not really understand Phala Network, but it doesn’t matter. I think I understand more about the market potential and incremental opportunities that AI Agent+TEE and AI Agent+Chain may bring.
3) Really gave
Phala Network is pushing the currently popular AI Agent narrative.
Because AI Agent is derived from AI MEME, then there are launchpad platforms such as Virutual and Vvaifu, and then
From single AIs such as aixbt_agent and Zerebro to the emergence of frameworks and standards such as ELIZA and ARC, until old chains such as Phala became popular, everything is evolving rapidly, almost beyond everyone's imagination. Why?
Just one point, because this is a historic opportunity, the main upward trend of the DeFi Summer level. In this process, the burst of innovative gameplay, the thirst for hot money inflow, the opportunity of information asymmetry, etc. are destined to remain "hot and hot".
That’s why I shouted the slogan so loudly, just hoping that more retail investors can seize the Alpha growth opportunities, and more project parties can get out of the "inability to deliver" dilemma of the old narrative of pure VC coins in the past.
A new narrative tornado is blowing, and its purpose is not just to throw dust (chicken feathers) in your face, but to send you to the outlet and make you that rich little piglet.
By the way, the subtext of this sentence is that don’t worry about missing out on PHA, because Phala is just one of the companies on the cusp of the trend and the first to reap the benefits of the trend. If you follow the logic and direction of the narrative evolution that I have sorted out, please believe that there will definitely be more opportunities.
Currently, Pool mines 3% of its chips for 10 days. To be honest, this ratio and time have greatly reduced the rate of return. Currently, the price of $BIO on Bitget has been fluctuating around 0.9 before the market opens.
According to the current amount of FDUSD mined, the APY is about 31%. BNB mining is lower, at 700 BNB per coin, the APY is only 22%.
The current interest rate for borrowing BNB on Venus is 30.2%, so if the price of $BIO maintains the current level, borrowing coins to buy new shares will be a loss. (Are you guys really that optimistic about the future of BIO?)
2. The highlight of bio’s narrative is that it is positioned as the mother nest incubator of Desci, and the projects in it are really connected with the giants of the real Web2 scientific world, such as VitaDAO invested by Pfizer. Bio also enjoys the ownership of the IP and patents produced by the sub-DAO.
Friends who are familiar with medicine know how exaggerated the benefits will be when a truly effective product appears. Moreover, if any project in Dao can succeed, it will shock the world (such as Hair, which studies hair loss. Please save those people in the cryptocurrency circle who are losing their hair due to staying up late).
So although there is a lot of controversy, the upper limit can be said to be very high.
3. Unlike Vana, before Bio was selected for listing by Binance, there were already many popular followers in the related Desci section, such as $RIF $URO (these two are also known to be airdropped). This determines that $BIO has a relatively good mass base, and there is almost no voice in the market questioning whether it is a conspiracy.
4. CZ, Vitalik and others are optimistic about Desci, and currently BIO is the most likely to be a dragon.
However, there are several points to note in the short-term currency price:
1. The proportion of circulating shares this time is huge, reaching 39.05%
2. There were community auctions in the early days, and many friends (including me) participated in them, with relatively low costs. During TGE, 12.57% of the auctioned tokens were released, and there may be considerable selling pressure.
Finally, historically, there has been no loss in borrowing BNB to buy new shares. If this theory continues to be valid, then the price of $BIO must at least reach 1.364.
This project can be mined for another 6 days, so if you have some spare money, you can still mine it. Whether the secondary market will participate will depend on whether there is a Korean exchange and the market sentiment at that time.
No matter how the market adjusts in January, it is your last chance to get on board. Here are some good bargain hunting targets:
RSS3
You can go all in directly at the current price of around 0.13. The price is at a low level, and the bottom is obviously accumulating funds. This coin has a surge in the first quarter every year, and it does not follow the market. The pattern shows signs of a breakthrough and reversal, so you can use 15%-20% risk in exchange for more than 70% profit, which is very cost-effective!
HYPE
HYPE is approaching the 23-25 support range, and you can try to buy in this range for swing trading. The stop loss is when the 4-hour K-line closes below $20.
