Author of this article: Bit Pig
Disclaimer: This article only represents personal thoughts and does not constitute any investment advice.
0x00 Prepend
I had originally planned to write a summary once a week, but there have been too many things to do recently, so I have changed it to once every three weeks = =.
0x01 Funding ratio
Since the collapse of AEX exchange, I have lost more than 10 million, and I have also fallen back from A8 to A7. I hope to slowly turn things around.
BTC/ETH：95%
Short-term funds: 5%
Coins that I continue to pay attention to but have not bought yet: OP, TON, BGB
0x02 Sell 50% of Zksync ($ZAT)
In my last diary entry, I bought ZAT at the lowest price ever at 0.0{7}9 on May 13th. Then on May 16th, ZAT officially announced the destruction of 40% of the total ZAT. The price then soared to 0.0{6}5, a 5-fold increase. I sold 50% at 0.0{6}41, earning more than 4 times the price. I left the remaining 50% to fate.
Currently, ZAT has been listed on a centralized exchange, but its price has fallen to a record low of 0.0{7}68. If the Zksync ecosystem explodes in the future, it is not ruled out that it will be listed on Binance, but these are only speculations.
0x03 Do Linea tasks and get NFT
Linea is a project of Consensys, the parent company of metamask, so I still did some of its tasks. However, there are a total of 5 tasks so far, and I only did 1. I got a Linea NFT. I don’t know if it is actually useful, but it just cost some handling fees.
0x04 Buy Ferc
Gu Qianfeng wrote a new protocol called FairERC20 (FERC20). The general scenario is to move the BRC20 gameplay to the Ethereum network, so that all ordinary people can obtain tokens fairly. Then the programmability of this FairERC20 (FERC20) protocol is much higher than that of BRC20.
On June 3, I bought some Ferc20's leading coin Ferc on uniswap at a price of around $0.35u. The current price is $0.84u, and I have withdrawn the principal. Ferc is rising 60%-80% every day, and the momentum is a bit crazy. It is estimated that it will continue to rise in the future. After all, it is different from Tugou and other altcoins. It belongs to a new track and has a relatively long narrative.
It is worth mentioning that the founder of the Ferc project, Gu Qianfeng, is in the late stage of cancer. After analyzing all the information on Gu Qianfeng's Weibo and Twitter, it can be found that he is an extreme idealist. He himself does not have any ferc coins. He created the Ferc20 protocol entirely out of idealism. So if this project is developed and perfected, and Mr. Gu unfortunately passes away, will this project become an iconic project like Satoshi Nakamoto's Bitcoin? This is unknown. But I still wish Mr. Gu a speedy recovery.
