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LC AGENCY
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Hamster Kombat launchpool on Binance will run from September 23rd to September 25th. Those who have FTUSD or BNB can stake them to receive HMSTR tokens. You can transfer the tokens from our Telegram to Binance for trading on the 26th. How many tokens have you earned so far? Please comment below! #Lcademy #Lcagency #HMSTR #HamsterKombat
Hamster Kombat launchpool on Binance will run from September 23rd to September 25th. Those who have FTUSD or BNB can stake them to receive HMSTR tokens. You can transfer the tokens from our Telegram to Binance for trading on the 26th. How many tokens have you earned so far? Please comment below!

#Lcademy #Lcagency #HMSTR #HamsterKombat
"Overvalued, overvalued, overvalued 😂 My newsfeed is flooded with bearish posts, saying this project and that project are being priced too high. $STRK, $ARB, $OP - layer 2 $SUI, $APT, $TIA - layer 2 All are around ~7b market cap, meaning 5-7 times the private round valuations of Tier 1 VCs. Solana also once received severe criticism from Eastern Laos and international CT. From 5u down to nearly 1u, then back up to 3u => The entire community cursed it as overvalued. The story after that, everyone has seen. $sol, $near, $ftm, $avax, $luna, and dozens of other L1, L2 tokens all went to the moon. Developers, MM, VCs of any project all want to dump. But to dump, there must be liquidity. To have liquidity, there must be marketing. And there's no better marketing method for a project than pumping. $NEO, $XLM, $XRP $ETH, $SOL, $DOT, $AVAX $TIA, $SEI, $SUI, $APT want more examples?" #Lcagency #Lcademy #blockchainvietnam #CryptoJob #KOLcrypto
"Overvalued, overvalued, overvalued 😂
My newsfeed is flooded with bearish posts, saying this project and that project are being priced too high.
$STRK, $ARB, $OP - layer 2
$SUI, $APT, $TIA - layer 2
All are around ~7b market cap, meaning 5-7 times the private round valuations of Tier 1 VCs.
Solana also once received severe criticism from Eastern Laos and international CT. From 5u down to nearly 1u, then back up to 3u => The entire community cursed it as overvalued.
The story after that, everyone has seen. $sol, $near, $ftm, $avax, $luna, and dozens of other L1, L2 tokens all went to the moon.
Developers, MM, VCs of any project all want to dump. But to dump, there must be liquidity. To have liquidity, there must be marketing. And there's no better marketing method for a project than pumping.
$NEO, $XLM, $XRP
$ETH, $SOL, $DOT, $AVAX
$TIA, $SEI, $SUI, $APT
want more examples?"

#Lcagency #Lcademy #blockchainvietnam #CryptoJob #KOLcrypto
Write2Win, a write-to-win and-receive rewards event exclusively for Vietnamese creators. 🖋 The exchange will create a discussion topic and give away 50 FDUSD in token vouchers (which can be exchanged for money) to the 3 creators whose posts have the highest interaction each week! ✹ 👉 How to join? Step 1: Follow Binance Vietnam channel on Square Step 2: Share the official announcement post (on Square or any platform) Step 3: Create content. Every week, we will announce a new topic of the week and creators need to create articles or posts that meet the criteria 🗓 Time: June 19, 2024 - July 16, 2024 Don’t miss out on this fantastic opportunity to showcase your content creation skills and win exciting rewards! Join the #Write2Win event, follow the steps, and start creating. Let's see who can generate the most interaction and win prizes! 🏆 ▶ Details: https://www.binance.com/vi/events/vn-square-incentive #CryptoTradingGuide #Lcagency #Lcademy #BlockchainJob #CryptoJobs
Write2Win, a write-to-win and-receive rewards event exclusively for Vietnamese creators. 🖋
The exchange will create a discussion topic and give away 50 FDUSD in token vouchers (which can be exchanged for money) to the 3 creators whose posts have the highest interaction each week! ✹
👉 How to join?
Step 1: Follow Binance Vietnam channel on Square
Step 2: Share the official announcement post (on Square or any platform)
Step 3: Create content. Every week, we will announce a new topic of the week and creators need to create articles or posts that meet the criteria
🗓 Time: June 19, 2024 - July 16, 2024
Don’t miss out on this fantastic opportunity to showcase your content creation skills and win exciting rewards! Join the #Write2Win event, follow the steps, and start creating. Let's see who can generate the most interaction and win prizes! 🏆

▶ Details: https://www.binance.com/vi/events/vn-square-incentive
#CryptoTradingGuide
#Lcagency #Lcademy #BlockchainJob #CryptoJobs
$BTC is at a low range (in fact, it's fallen out of the range)... So, all current predictions are just forming a bias. I believe in the Bull 🐂. My plan follows the golden arrow. Currently, on the 1D chart, the RSI is showing a Bullish Divergence. I'm expecting a rebound 📈. If $BTC moves sideways and reclaims 58.8k, we can expect $BTC to pump up to the high range of 7x 🚀. #Lcagency #KOLvietnam
$BTC is at a low range (in fact, it's fallen out of the range)... So, all current predictions are just forming a bias.
I believe in the Bull 🐂. My plan follows the golden arrow. Currently, on the 1D chart, the RSI is showing a Bullish Divergence. I'm expecting a rebound 📈.
If $BTC moves sideways and reclaims 58.8k, we can expect $BTC to pump up to the high range of 7x 🚀.
#Lcagency #KOLvietnam
$BTC closed the weekly candle with a Pinbar at the range-low; an important "support" area 🙏 The weekly structure of $BTC is bullish 🚀. The fact that the price couldn't drop below 60k and quickly bounced back to the 62k-63k area shows there is buying pressure at the range-low within the 56.5k - 74.3k price range đŸ’Ș $BTC has been trading in this range for 4 months. Therefore, I expect a breakout in July (upside). Regarding the daily timeframe, $BTC is just moving sideways within the price range. The price moves from range low to range high and back again. There is no specific trend. The optimism comes from the smaller timeframes, H4-H1. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
$BTC closed the weekly candle with a Pinbar at the range-low; an important "support" area 🙏
The weekly structure of $BTC is bullish 🚀. The fact that the price couldn't drop below 60k and quickly bounced back to the 62k-63k area shows there is buying pressure at the range-low within the 56.5k - 74.3k price range đŸ’Ș
$BTC has been trading in this range for 4 months. Therefore, I expect a breakout in July (upside).
Regarding the daily timeframe, $BTC is just moving sideways within the price range. The price moves from range low to range high and back again. There is no specific trend. The optimism comes from the smaller timeframes, H4-H1.

#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs. - BlackRock (IBIT): +$71.9M - Bitwise (BITB): -$70.3M - ARK (ARKB): -$52.3M - Grayscale (GBTC): -$27.3M - Fidelity (FBTC): 0.0 - VanEck (HODL): 0.0 - Valkyrie (BRRR): 0.0 - WisdomTree (BTCW): 0.0 - Franklin (EZBC): 0.0 - Invesco (BTCO): 0.0 TOTAL: -$78M đŸ”€ Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M - BlackRock (ETHA): +$266.5M - Bitwise (ETHW): +$204.0M - Fidelity (FETH): +$71.3M - Grayscale Mini (ETH): +$15.1M - Franklin (EZET): +$13.2M - VanEck (ETHV): +$7.6M - 21Shares (CETH): +$7.5M - Invesco (QETH): +$5.5M - Grayscale (ETHE): -$484.1M TOTAL: +$106.6M From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
💰 The trading session on July 23rd marked the end of a 12-day positive streak for BTC spot ETFs.
- BlackRock (IBIT): +$71.9M
- Bitwise (BITB): -$70.3M
- ARK (ARKB): -$52.3M
- Grayscale (GBTC): -$27.3M
- Fidelity (FBTC): 0.0
- VanEck (HODL): 0.0
- Valkyrie (BRRR): 0.0
- WisdomTree (BTCW): 0.0
- Franklin (EZBC): 0.0
- Invesco (BTCO): 0.0
TOTAL: -$78M
đŸ”€ Meanwhile, the first trading session for $ETH Spot ETFs has confirmed a positive inflow of $106.6M
- BlackRock (ETHA): +$266.5M
- Bitwise (ETHW): +$204.0M
- Fidelity (FETH): +$71.3M
- Grayscale Mini (ETH): +$15.1M
- Franklin (EZET): +$13.2M
- VanEck (ETHV): +$7.6M
- 21Shares (CETH): +$7.5M
- Invesco (QETH): +$5.5M
- Grayscale (ETHE): -$484.1M
TOTAL: +$106.6M
From today onwards, $BTC might begin a correction phase after the recent 10k surge, making room for $ETH.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
PTKT $BTC 3/6 ▫$BTC is relatively straightforward, still trading within the range of 58.9 - 73.8. ▫The 58.9k bottom has been swept, so the next liquidity draw level could be at 74k. Therefore, I'd only look for Long positions up to 74k. ▫Upon reaching that level, observation is crucial. If the red plan plays out, meaning $BTC creates a fake breakout and returns to range trading, then there's a high chance of $BTC dropping to 50k => making an altcoin season unlikely! ▫Expectations remain on the green plan, with $BTC holding above the 75-80 range for a few days before further increases => Altcoin season begins. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
PTKT $BTC 3/6

▫$BTC is relatively straightforward, still trading within the range of 58.9 - 73.8.

▫The 58.9k bottom has been swept, so the next liquidity draw level could be at 74k. Therefore, I'd only look for Long positions up to 74k.

▫Upon reaching that level, observation is crucial.
If the red plan plays out, meaning $BTC creates a fake breakout and returns to range trading, then there's a high chance of $BTC dropping to 50k => making an altcoin season unlikely!

▫Expectations remain on the green plan, with $BTC holding above the 75-80 range for a few days before further increases => Altcoin season begins.

#Lcagency #BlockchainJob #CryptoJob #KOLcrypto
đŸ‡ș🇾 U.S. ETF FLOWS ON 08/05/2024 đŸ’” 💾 U.S. Bitcoin ETF Flows: -$168.4 million 📉 Grayscale 'Mini' (#BTC): $21.8M Bitwise (#BITB): $2.9M Franklin (#EZBC): $0 Grayscale (#GBTC): -$69.1M ARK (#ARKB): -$69M VanEck (#HODL): $3M Invesco (#BTCW): $0 Fidelity (#FBTC): -$58M WisdomTree (#BTCO): $0 Valkyrie (#BRRR): $0 BlackRock (#IBIT): $0 The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday. 💰 U.S. Ethereum ETF Flows: $48.8 million 📈 Grayscale 'Mini' (#ETH): $21.8M Fidelity (#FETH): $16.2M BlackRock (#ETHA): $47.1M VanEck (#ETHV): $16.6M Bitwise (#ETHW): $7.2M 21Shares (#CETH): $0 Grayscale (#ETHE): -$46.8M Franklin (#EZET): $0.9M Invesco (#QETH): $0 Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million. Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading." ### Translated to English: "đŸ‡ș🇾 U.S. ETF FLOWS ON 08/05/2024 đŸ’” 💾 U.S. Bitcoin ETF Flows: -$168.4 million 📉 Grayscale 'Mini' (#BTC): $21.8M Bitwise (#BITB): $2.9M Franklin (#EZBC): $0 Grayscale (#GBTC): -$69.1M ARK (#ARKB): -$69M VanEck (#HODL): $3M Invesco (#BTCW): $0 Fidelity (#FBTC): -$58M WisdomTree (#BTCO): $0 Valkyrie (#BRRR): $0 BlackRock (#IBIT): $0 The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday. 💰 U.S. Ethereum ETF Flows: $48.8 million 📈 Grayscale 'Mini' (#ETH): $21.8M Fidelity (#FETH): $16.2M BlackRock (#ETHA): $47.1M VanEck (#ETHV): $16.6M Bitwise (#ETHW): $7.2M 21Shares (#CETH): $0 Grayscale (#ETHE): -$46.8M Franklin (#EZET): $0.9M Invesco (#QETH): $0 Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million. Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading. #Lcademy #Lcagency
đŸ‡ș🇾 U.S. ETF FLOWS ON 08/05/2024 đŸ’”
💾 U.S. Bitcoin ETF Flows: -$168.4 million 📉
Grayscale 'Mini' (#BTC): $21.8M
Bitwise (#BITB): $2.9M
Franklin (#EZBC): $0
Grayscale (#GBTC): -$69.1M
ARK (#ARKB): -$69M
VanEck (#HODL): $3M
Invesco (#BTCW): $0
Fidelity (#FBTC): -$58M
WisdomTree (#BTCO): $0
Valkyrie (#BRRR): $0
BlackRock (#IBIT): $0
The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday.
💰 U.S. Ethereum ETF Flows: $48.8 million 📈
Grayscale 'Mini' (#ETH): $21.8M
Fidelity (#FETH): $16.2M
BlackRock (#ETHA): $47.1M
VanEck (#ETHV): $16.6M
Bitwise (#ETHW): $7.2M
21Shares (#CETH): $0
Grayscale (#ETHE): -$46.8M
Franklin (#EZET): $0.9M
Invesco (#QETH): $0
Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million.
Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading."
### Translated to English:
"đŸ‡ș🇾 U.S. ETF FLOWS ON 08/05/2024 đŸ’”
💾 U.S. Bitcoin ETF Flows: -$168.4 million 📉
Grayscale 'Mini' (#BTC): $21.8M
Bitwise (#BITB): $2.9M
Franklin (#EZBC): $0
Grayscale (#GBTC): -$69.1M
ARK (#ARKB): -$69M
VanEck (#HODL): $3M
Invesco (#BTCW): $0
Fidelity (#FBTC): -$58M
WisdomTree (#BTCO): $0
Valkyrie (#BRRR): $0
BlackRock (#IBIT): $0
The second trading session in August saw negative flows. Most investors are fearful due to the relatively strong market crash yesterday.
💰 U.S. Ethereum ETF Flows: $48.8 million 📈
Grayscale 'Mini' (#ETH): $21.8M
Fidelity (#FETH): $16.2M
BlackRock (#ETHA): $47.1M
VanEck (#ETHV): $16.6M
Bitwise (#ETHW): $7.2M
21Shares (#CETH): $0
Grayscale (#ETHE): -$46.8M
Franklin (#EZET): $0.9M
Invesco (#QETH): $0
Despite the widespread panic among investors yesterday, the inflows into Spot Ethereum ETFs still reached $48.8 million.
Continuous outflows from Grayscale (#ETHE) have been observed since the ETH ETF officially started trading.
#Lcademy #Lcagency
Uncle $BTC unfortunately fell ill and dropped to the low 40s, guys. ❌ According to data from CoinGlass, over $1 billion has been liquidated in the market in the past 24 hours, with $901 million being LONG positions up to the current time. đŸ”„ It's cold and hard to breathe, guys. đŸ˜” #Lcagency #Lcademy
Uncle $BTC unfortunately fell ill and dropped to the low 40s, guys. ❌
According to data from CoinGlass, over $1 billion has been liquidated in the market in the past 24 hours, with $901 million being LONG positions up to the current time. đŸ”„
It's cold and hard to breathe, guys. đŸ˜”
#Lcagency #Lcademy
🌝 WAS THE MASTERMIND BEHIND THE TERRA BLOCKCHAIN HACK VIETNAMESE? đŸ€” According to CoinDesk, yesterday at noon Vietnam time, dEaDcHaIN Terra LUNA was lightly looted by hackers for over 4 million USD, including $ASTRO, $USDC, $USDT, and $BTC tokens. đŸ’» Sources suggest that the mastermind behind this hack is a guy named PháșĄm Anh Tuáș„n, who studied at FPT Greenwich and PTIT, and is currently a developer at a blockchain company. 😹 However, leaving so many traces and information after the hack might make it hard to enjoy the stolen money. He might not even eat or sleep well! đŸ€Ł #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
🌝 WAS THE MASTERMIND BEHIND THE TERRA BLOCKCHAIN HACK VIETNAMESE? đŸ€”
According to CoinDesk, yesterday at noon Vietnam time, dEaDcHaIN Terra LUNA was lightly looted by hackers for over 4 million USD, including $ASTRO, $USDC, $USDT, and $BTC tokens. đŸ’»
Sources suggest that the mastermind behind this hack is a guy named PháșĄm Anh Tuáș„n, who studied at FPT Greenwich and PTIT, and is currently a developer at a blockchain company. 😹
However, leaving so many traces and information after the hack might make it hard to enjoy the stolen money. He might not even eat or sleep well! đŸ€Ł
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
**End of the Bull Run in Fear?** The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly. Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s. Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs. My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend. I won't be bearish here. #Lcagency #BlockchainJob #CryptoJob #KOLcrypto
**End of the Bull Run in Fear?**
The current price action of $BTC is quite similar to the period from August to October 2023. The price is below the 200-day EMA, and the weekly candles are closing poorly.
Last year, the Fear and Greed Index also dropped to the 30s - indicating Fear. Currently, this index is even worse, only reaching the 20s.
Browsing through X (Twitter), I see a lot of views predicting a drop to the 50-40 range. This indicates that retail investors are truly scared and cautious now, with no more frenzied bull runs.
My plan is to wait for an opportunity and dive in when the market starts to rise again. A $BTC trade above 58.5k is a positive sign, and if $BTC returns to the 65k mark, it will confirm the upward trend.
I won't be bearish here.
#Lcagency #BlockchainJob #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆. When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆. Thank you, Binance Vietnam, for sponsoring Eira's travels around the world đŸ„°đŸ„°đŸ„°. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Last night, I dreamed about making x125 leverage trades on Binance, and this morning, I woke up to a gift from #Binance . Looks like the dream is about to become a reality 😆😆😆. Our team has both traders and ref runners. We train new traders in this market from A to Z and train BD folks from A to Á 😆.
When it comes to tools, we support you from A to X, but for Y and Z, you'll have to join us for a wild night out to get the info 😆.
Thank you, Binance Vietnam, for sponsoring Eira's travels around the world đŸ„°đŸ„°đŸ„°.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...). Therefore: 👉 FTX returns cash => there is no selling pressure on any coin. 👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
There is some information on X that FTX will return money to users next month. The total amount is about 16 billion USD in cash (FTX will return cash, not crypto; the value is based on the price when $BTC was 16k...).
Therefore:
👉 FTX returns cash => there is no selling pressure on any coin.
👉 Addicts tend to relapse, so if users get 16 billion USD back, they are likely to deposit it into Binance, Okx, or Coinbase, etc.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
$BTC reclaiming 59k; expecting a pump to the high range zone of 70k. Currently, I see this as a “technical rebound” after the previous downtrend, supported by the RSI divergence on the daily chart (as noted last week). This “technical rebound” will turn into a true uptrend if $BTC surpasses 64.5k, confirming the bullish trend for Bitcoin. I firmly believe we are in a bull market, and these corrections are just shaking out weak hands before a massive pump. Altcoins have tanked quite a bit, so I expect them to move sideways and accumulate in the near future, while $BTC pumping makes sense. #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
$BTC reclaiming 59k; expecting a pump to the high range zone of 70k.
Currently, I see this as a “technical rebound” after the previous downtrend, supported by the RSI divergence on the daily chart (as noted last week). This “technical rebound” will turn into a true uptrend if $BTC surpasses 64.5k, confirming the bullish trend for Bitcoin.
I firmly believe we are in a bull market, and these corrections are just shaking out weak hands before a massive pump. Altcoins have tanked quite a bit, so I expect them to move sideways and accumulate in the near future, while $BTC pumping makes sense.
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth. Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected). $BTC has been sideways for nearly 4 months now. Break-out soon 🙏 --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
If we believe in cycles, then July will be a month of growth.
Many comparisons show that this period in 2024 is very similar to the end of 2020. This means that the cyclical pattern is still being maintained (even though $BTC is in an uptrend about 3 months earlier than expected).
$BTC has been sideways for nearly 4 months now. Break-out soon 🙏
---
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Bitcoin spot ETF has recorded positive inflows for 4 consecutive days 📈 Yesterday, 129.45 million USD flowed into the $BTC spot ETF. No fund sold out, and Fidelity was the biggest buyer, with 65 million USD recorded 🚀 No smart fund is bearish at the range low within the price range. You shouldn't be either đŸ’Ș #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Bitcoin spot ETF has recorded positive inflows for 4 consecutive days 📈
Yesterday, 129.45 million USD flowed into the $BTC spot ETF. No fund sold out, and Fidelity was the biggest buyer, with 65 million USD recorded 🚀
No smart fund is bearish at the range low within the price range. You shouldn't be either đŸ’Ș

#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
"Low float - High FDV - Crazy Prices." Lately, I've read many articles criticizing tokenomics where initial token generation events (TGEs) have very low initial supplies but high total supplies. This setup results in low market caps but very high fully-diluted valuations (FDVs). Last night, I backtested over 20 altcoins from the 2017-2018 cycle to the 2020-2021 cycle to compare with the current one. Interestingly, I found that previous cycles faced similar situations. In 2017-2018, FDVs ranged from hundreds of thousands to a few million. In 2020-2021, they jumped to tens of millions to hundreds of millions. Currently, top-tier altcoins are being valued in the billions. Are they overvalued? 👉 Yes. That's the game; if you accept it, you can participate. Alternatively, you could seek coins where all tokens have already been released. (However, based on my backtest, these often underperform significantly during bull runs.) #Lcagency #Lcademy #blockchainvietnam #Crypto_Jobs🎯 #KOLcrypto
"Low float - High FDV - Crazy Prices."
Lately, I've read many articles criticizing tokenomics where initial token generation events (TGEs) have very low initial supplies but high total supplies. This setup results in low market caps but very high fully-diluted valuations (FDVs).
Last night, I backtested over 20 altcoins from the 2017-2018 cycle to the 2020-2021 cycle to compare with the current one. Interestingly, I found that previous cycles faced similar situations.
In 2017-2018, FDVs ranged from hundreds of thousands to a few million. In 2020-2021, they jumped to tens of millions to hundreds of millions. Currently, top-tier altcoins are being valued in the billions.
Are they overvalued? 👉 Yes. That's the game; if you accept it, you can participate. Alternatively, you could seek coins where all tokens have already been released. (However, based on my backtest, these often underperform significantly during bull runs.)
#Lcagency #Lcademy #blockchainvietnam #Crypto_Jobs🎯 #KOLcrypto
Did Germany đŸ‡©đŸ‡Ș lose money organizing the EURO, so they have to sell "assets" to cover the national team expenses? The German government just put 1,500 Bitcoins on the market... probably to sell. --- #Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
Did Germany đŸ‡©đŸ‡Ș lose money organizing the EURO, so they have to sell "assets" to cover the national team expenses?
The German government just put 1,500 Bitcoins on the market... probably to sell.
---
#Lcagency #blockchainvietnam #CryptoJob #KOLcrypto
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