Why did I buy dao at 1.5u? Relevant judgment logic and information sources
Launchpad platform DAO Maker will launch the fair launch Meme token PUNDU, and will start sales at 3:00 on March 22, Beijing time. The over-raised part will buy 10% of the platform token $dao, so dao was pulled on the okx platform in a single day. An increase of more than 50%.
Starting from March 13, I gradually started buying $DAO at a price of 1.5-1.7 US dollars. This sharp rise should be considered my luck, and it is also reasonable. The main reasons and logic for buying at that time were as follows:
1. Why do I pay attention to this coin?
I began to understand the importance of mastering the asset issuance side. In the crypto market, the bull market is closely related to changes in the way assets are issued.
1. In the bull market of 2017, eth made the issuance of tokens more convenient, and the ICO craze swept the world. There was no need to build a new chain every time a currency was issued.
2. In 2023, the rise of Ordi and Inscription is actually because Inscription has given the currency circle a more novel asset issuance method, making asset issuance more fair and convenient.
3. The recent rise of sol’s meme currency, and the “direct money issuance” model, is essentially a new asset issuance method.
Why do new assets always make everyone crazy? If you think about it, the reason is relatively simple, because everyone comes to the currency circle to turn over, not to double. So there is always a need for new assets and new stories of getting rich.
2. Why?
Some time ago, I did a round of research on the main launchpad platforms on the market. After comparison, I feel that daomaker is indeed a very good platform.
1. It is an established platform with relatively mature reputation and model.
2. The quality of new projects launched is relatively good, and the probability of breaking is relatively low.
3. The participation mechanism is also relatively convenient. The threshold is relatively low, and you can participate even if you don't have a dao, but the quota is smaller.
4. In addition, compared to other platforms, dao’s token selling pressure is relatively low. When I first observed it, its mc was only 300 million, fdv was only 350 million, and the unlock rate was 85%.
3. Two new trends in daomaker recently
While I'm paying attention, daomaker has two new trends, which makes me think I can start with them.
1. Boost Allocation Button
Around March 15, DAO Maker launched a new feature that can increase the Launchpad quota to 5 times: the Boost Allocation Button.Brief summary:
(1) Participants can exchange USDT for $DAO. The ido limit obtained is increased by 5 times by only depositing usdt.
(2) After 48 hours, participants can choose to withdraw or continue staking.
(3) Participants who keep staking $DAO can get the DAO Power quota bonus for participating in the DAO round of IDO.
(4) At the same time, DAO Maker also predicted that there will be 12 IDOs in the next 30 days.
This policy will directly bring benefits to currency prices
2. Expand to solnana network
On March 17, DAO Maker announced that it would expand to the Solana network, with plans including adding a $2 million SOL liquidity pool on Raydium; 4 Solana IDO projects will be launched soon.
The recent popularity of solnana ecology is obvious to everyone, so this is definitely a good thing.
All in all, although I also know that iq50 lives in a palace, it is quite a sense of accomplishment to invest according to my own logic and ideas and make money.
In addition, you are also welcome to follow me. I will share more of my thoughts and latest content in the future.
