#2000u Spot challenge doubled

Initial capital: 2000u

Real-time funds: 2033u

Trading days: 4 days

🚄Position status:

Yesterday, fish suffered a loss of more than 100 u, so we changed positions in time and wen stabilized the situation. Today, props took profit by more than 50 points and made 285u, which directly brought back the profit of the total funds!

All operations of this account will be updated synchronously on Twitter, and any position swap operations will be updated as soon as possible. You can click on the small bell to prevent missing the latest position swap news!

The principal of the spot real offer challenge is only 2000u, but everyone can carry out proportional operations according to their own funds! Of course, all operations are only transaction records and do not constitute investment advice!

🚄Today’s operations:

Sold PROPS and swapped out 785u

I bought GMT, 500u, the buying price was 0.402u, the selling price was 0.6u, and the principal was 500u;

Reason: Giant Whale has raised US$60 million, with an average cost of US$0.34. Judging from the current liquidity, it is difficult for Giant Whale to exit profitably if the currency price is less than 0.6. The price of GMT is at a historical low. The STEPN team has not failed and has been working hard to operate. It is worth holding until good news emerges.

There is 285u left to buy back PROPS:

PROPS, 285u, buying price 0.22u, selling price 0.3u, all sold;

Reason: The real estate agreement on Aptos has a circulating market value of 77 million and an FDV of 270 million. There is still room under the RWA boom.

🚄Historical operations:

1⃣Exchange positions in WEN, buy price: 0.00048u, sell price: 0.0007u, sell all;

Reason: After the TON ecological meme was overhyped, there was a significant correction, and positions were cleared to avoid risks. WEN, a meme coin issued by the founder of Jupiter, has been conducting trading activities with Backpack recently. Only taker trading volume is included in the activity, which is beneficial for traders to take advantage of pending orders and pull orders. WEN's trading volume increased 24 times in the past 24 hours, and its trading volume on the Backpack single platform exceeded US$120 million.

2⃣PROPS, 500u, buying price is 0.13u, selling price: sell 500u to 0.2u;

Reason: The real estate RWA project on Aptos, the RWA track represented by ONDO, has a good recent trend, APT has good support for rising against the trend in the market correction, and Aptos’ recent ecological subsidies are also good.

3⃣SANTOS, 500u, buying price 8.05u, selling price: sell 500u to 15u;

Reason: The European Cup/American Cup is approaching, and the fan token track has not yet been heavily hyped. The fan token operation team has been responsible for high-cost operations for a year, and needs to attract market attention when the market attention is strong. SANTOS has risen in the past year. 80%, which is a lot of room compared to the direct increase of several times before the World Cup.

4⃣QUARK, 500u, buying price is 0.00417u, selling price: selling 500u to 0.008u;

Reason: The BTC halving is approaching, and various Bitcoin asset issuance protocols may release favorable and launch products in a centralized manner, and the ARC20 Inscription project is also likely to wait for opportunities to pull the market.