Bake switches back and forth between the first place on the increase list and the first place on the decrease list, jumping up and down. What is the intention?
The Inscription market has been very hot recently, and has only slightly cooled down in recent days. When we are chasing hot topics like Inscription, we cannot ignore the attention and layout of other tracks, such as AI, storage, Gamefi, DEFI, etc. These tracks If you don't break out in silence, you will die in silence. There are countless coins that have died in silence, and there are also many coins that are about to die in silence, such as the most representative EOS grapefruit. The holders who choose to stay behind are still immersed in the past glory of grapefruit and selectively paralyze themselves. , but are unwilling to open themselves up and see how colorful the world is now. Today we will talk about the Bakeryswap platform that focuses on the Gamefi and NFT markets. Bakeryswap was originally a DEX, but to be honest, the transaction volume is really not enough. Even the pool of its own platform currency Bake is relatively shallow. In UNI and CAKE , 1INCH, SUSHI and other DEXs with more wolves and less meat, Bakeryswap changed the track and started to build Launchpad. His Launchpad projects are basically focused on MeMe, Gamefi, and NFT. In the last bull market, Bakeryswap, in addition to its own platform currency $BAKE, successfully emerged from the circle, and the price skyrocketed. The projects in its ecology also experienced considerable growth, such as $DOGGY and $RACA. It has been said before that Bakeryswap is the son of Binance. Whether it is true or not needs to be verified, but his last bull market did rely on Binance traffic to take off. Recently, $DOGGY has been tweeting quite frequently, and has interacted with BakerySwap quite a lot, but nothing new has come out, and the currency price has not increased much. Maybe at this time, currency holders can only wait and see what happens next. Can a spring breeze blow to $DOGGY. The newly released BITCOIN CATS in recent days also has the Gamefi concept. It is also a rare chain game project in the BRC20 ecosystem. It was laid out very early and gained a lot of popularity at the opening. Launchpad raised more than 150 times, and the opening surged by 20 Many times, as of today, $1CATS has been launched on several platforms, including second- and third-tier exchanges, which shows the popularity of this project and the operational capabilities of the project team. BITCOIN CATS currently needs to pledge $1CATS to obtain NFT. According to the current pledge acquisition speed, about 30 million $1CATS can be pledged one day to obtain an NFT WL. 3000w$1CATS is worth approximately 150,000 U, so currently, it is not easy to obtain it. This NFT should be more valuable in the future. It is conservatively estimated to start at 1ETH.Today $1CATS is almost close to its highest level and has retraced by half. If the subsequent price can continue to break through new highs and rise steadily, the probability of landing in Europe Y should still be relatively high. Whether it can land on Binance depends on whether its popularity can continue to climb. At the same level, although BRC20’s Gamefi has certain implementation difficulties, with the blessing of Fomo sentiment, everyone cares more about the narrative of the project rather than its own profitability, so currently I am still relatively optimistic about the BITCOIN CATS project. Speaking of Gamefi, I have to mention BNX’s Cyber Dragon. At that time, it was the only project listed on the major exchange Binance, but in the end it did not escape the fate of the small picture returning to zero. The so-called Play2earn was just built on the constant price of the currency. Growth can only be achieved if the number of people and studios working on this project continues to increase, otherwise it will collapse one day. At that time, I was considered one of the earliest players of BNX, but I could not escape the consequences of losses. So could I play Gamefi? I think it’s not that Gamefi can’t be played. It can be played. It must be entered early. When making money, it must be paid out in time. Don’t be fooled by its unsustainable high-yield gold. If you can, it is best to only play with its coins and not buy small pictures. Go to Play2earn, otherwise it's easy to get involved in a game about running fast! The Bakeryswap platform announced today on its official account that the next Launchpad project can only be participated through $BAKE and 1CATS, making $BAKE break a new high today. The subsequent trend of $1CATS will greatly affect everyone's loyalty to $BAKE. Fans previously reported that $BAKE has been fully released, and the project side has no coins, so the Bakeryswap platform has abandoned $BAKE and left it to fend for itself. Faced with the sharp rise and fall of $BAKE in the past few days, switching back and forth between the first place on the increase list and the first place on the decrease list, many people were really shaken. Is there a big risk in holding $BAKE? However, the continuous increase in the past two days should basically verify that the project side did not do this. The rumors are self-defeating. At present, anyone who buys $BAKE in the near future will make a profit, and $BAKE may also become a golden shovel! When $BAKE was first listed on Binance, the price was very low. As a project party, it was impossible to hand over all the chips. After that, $BAKE increased sharply to 8U. The project party should have made a lot of money, so in $BAKE dropped to 0.In the 08U range, the project side has many opportunities to restock and raise funds. A project side that can operate so many hot currencies cannot be so poor in market making! As an ecological platform, if you want sustainable ecological development and user loyalty, the benefits of its governance tokens must be good and the application scenarios must be multiple. Whether it is ETH, BNB, SOL, ATOM, etc., they all attach importance to platform governance tokens, and governance tokens will also increase with the development of the ecosystem. So you don’t need to worry too much, and worrying is useless. What we can do is control risks, and we can use some strategies and tools, such as taking profits in stages, doubling the capital, rolling half positions, or opening short hedging, etc. We can believe in the currency circle, but don’t believe it completely. The future is unknown, and accidents are also unknown. Only by strictly controlling risks can we survive the bulls and bears. Any of the above content does not constitute investment advice. There are risks in the currency circle, so investment needs to be cautious!