Recently, I have seen a lot of opportunities in the first and a half level
In this market where BTC is rising alone and the copycats are lying dormant, except for AI and PEPE led by Near, WLD, and Meme led by Bome, most projects are at low prices and liquidity.
It is difficult for projects to exit in exchange for cash to continue to support project development under such liquidity, because liquidity cannot bear the selling pressure. For the project party, a better strategy is to sell OTC at a discount at a certain agreed point to VCs and market makers who are optimistic about the long-term and willing to accept the lock-up, so as not to hurt the price and community, and to obtain funds.
For example, after @CurveFinance had an accident, $CRV had fallen 📉, and the project urgently needed funds to solve the problem, but it could not continue to obtain funds in the secondary market, so it chose to buy about 10 million US dollars of CRV from some institutions at 0.4u to save the emergency. At that time, I said that crv later rose all the way to 0.9u, the project party not only solved the funding problem, but also made money for investors, achieving a win-win situation.
Some of the projects I've been paying attention to recently include @Ronin_Network, @ssv_network, @API3DAO, etc. In particular, @API3DAO made a directional OTC of 4 million US dollars to @DWFLabs @SpartanGroup, @LaserDigital_, and @caladanxyz in March and locked it for 12 months. The cost of the directional increase was about 2.8u, and it has now fallen below. At that time, after CRV was 0.4, I said that 0.4 would break, but it was quickly recovered after it fell below 0.4, forming a low price point, and institutions participating in the directional OTC made a lot of money. You can patiently observe whether API3 has also reached the "CRV moment", and buying opportunities may arise at any time.
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