First, let me introduce myself. This community was established in 2018 and is composed of Youzi himself and many well-known KOLs, analysts, and most of the top traders in the circle.
I am a crypto trader who makes a living by trading, focusing on the trading and investment of cryptocurrencies, judging market trends, looking for opportunities to open orders, and have made great achievements in the early project contract sector.
Candy Design is designed for blockchain digital currency beginners, zero-based introduction to blockchain digital currency, popularization of Bitcoin knowledge, various popular coins, potential coins, value coins, spot, contract transactions, consulting, metaverse, DIFI, hot concept coverage area
Bitcoin has fallen significantly recently, once falling below $60,000. However, some analysts believe that the market bottom may have arrived. Lending data from Bitfinex and Binance show that whales are more willing to borrow money than retail investors to buy the bottom.
Has BTC hit bottom?
Benson Sun, a KOL in the cryptocurrency circle, tweeted today that he has a way to judge the market bottom, which is the trend of Bitfinex USD lending rate (green line in the picture) and Binance USDT lending rate (orange line in the picture). When the Bitfinex USD lending rate curve crosses the Binance USDT lending rate curve, it often represents the bottom of the market. The reasons are as follows:
Binance USDT interest rate can be regarded as a sentiment indicator of Binance users’ spot leverage. When the market corrects sharply, fewer people are willing to borrow money to open leverage, and the interest rate will also decline.
There are very few retail investors on Bitfinex, and only whales can shake the interest rate market in a short period of time. If the Bitfinex USD interest rate rises rapidly in a short period of time, it is often a symbol of whales borrowing money to buy at the bottom.
Benson mentioned that during the entire bear market when Bitcoin fluctuated between $16,000 and $30,000, the green line was above the orange line, but since the bull market began in October last year, market sentiment has reversed. The orange line has become the norm above the green line. Coincidentally, since the bull market, the period when the green line briefly crossed the orange line was the relative bottom area of the bull market:
So, what are the coins that can be bought at the bottom and doubled now?
ok
Ondo Token pioneers the Real World Asset (RWA) space, providing opportunities for tokenized yield. Its mission is to bridge traditional finance with the decentralized world of cryptocurrency by allowing the use of real-world income-generating assets such as bonds and real estate.
Despite the inherent volatility in the cryptocurrency market, Ondo has demonstrated stable market sentiment. This stability is attributed to its commitment to creating products that prioritize security and accessibility. Additionally, strategic partnerships and dedication to transparency strengthen Ondo’s reputation as a reliable choice in the cryptocurrency market.
Its focus on compliance and security through partnerships with top institutions has received positive feedback. Interest in Ondo's innovative products such as USDY reflects the growing demand for high-quality, regulated crypto assets with global appeal. Checking ONDO's recent performance, the token is currently trading at $0.81
HIM
UNI is the protocol governance token of Uniswap, with a total issuance of 1 billion. Uniswap is an Ethereum-based protocol designed to facilitate automatic exchange transactions between ETH and ERC20 token digital assets, and automatically provide liquidity on Ethereum. Uniswap is fully deployed on the chain, and any individual user can use this protocol as long as they have a decentralized wallet software installed. The token is currently trading at $7
This decline is not only due to the war, but also to production cuts. This is one of the most important reasons. Before the production cuts, everyone knew that this was an expected negative, especially capital and institutions. They can smell the sensitivity of the market and rush to run ahead, leaving retail accounts to trample.
In addition, those who are familiar with Youzi know that in addition to leading members to fight in the secondary market, Youzi also successfully connected with early project channels. Today, I brought you a high-quality early project that Shequ is connecting with. Without further ado, I will post it first.
Ultiverse
Binance Labs, Sequoia, Animoca, OKX, four top capitals led the investment. First of all, remember that this is a blockchain game project.
If you missed out on Pixel and Mavia, don’t miss out on Ultiverse
1. About Ultiverse
Ultiverse is a MetaFi platform led by Binance Lab, Animoca Brands, and Sequoia Capital. The project planning is very advanced. It plans to combine 3A and other games with AI, VR, and Web3 to create a virtual world similar to the movie "Ready Player One", allowing players to experience the 3D version of the MMORPG flagship game in the future.
On February 19, Ultiverse launched the Ulti-Pilot platform (a task platform), where users can complete tasks in Ulti-Pilot and receive random rewards including: points, SOUL, and achievements...
Users holding SOUL can later exchange it for platform tokens $ULTC
2. About Financing
Institutions such as Binance Lab, Animoca Brands, and Sequoia Capital are particularly fond of investing in metaverse projects, such as The Sandbox, SecondLive, and Decentraland (click here to view previous tutorials).
Ultiverse previously received $18.5 million in financing from investors such as Binance and Sequoia
Token Economy
Ultiverse has announced the use cases and economic model of its governance token $ULTC:
In the Ultiverse ecosystem, $ULTC has the following three main functions:
Governance
If Dapp wants to enter the Ultiverse ecosystem, it needs to pay $ULTC, and part of these ULTC will be given to users
$ULTC is the payment method for assets in the Ultiverse ecosystem
$ULTC Total 10 billion
Ultiverse is a very promising project. It did not do any marketing for a long time from development to operation. This is a major feature of Binance Lab incubation. The recent $pixel has also been in operation for three years. Finally, when it was about to be listed on Binance, it did a large-scale marketing campaign (some airdrops in the early stage). The operation method is basically the same as Ultiverse. So if you missed $pixel, you must participate in this project. Youzishequ has initially connected part of the quota. If you are interested, you can contact us for details.
Those who can't beat the banker come to find Youzi. Youzi's design includes: market research, 100x code analysis, daily hot spot interpretation, and circle news summary
Currently, the VIP internal group is very popular. There is also a 100x spot password layout group. The password will be announced in the group as soon as possible. There will never be a lack of opportunities in the circle. The key is to lack leaders. Welcome to find Yuzi's candy design music to join the bull market!!!