Today I cleared out all the game currency $Fire from Matr1xFire. I had Fire from the beginning of March to the end of May now. I cleared it out at about 1.4U the day before the KUKU treasure box was opened. My average holding cost is about 1.13U. , it can be considered as a profit of 20%, and it also allowed me to avoid the big drop in early May. Although I originally planned to unbox it myself, I had some bad premonitions. You can check my Twitter for details.

I currently have some spare money, so I am analyzing some good targets, and I choose to buy $IOTX between $RON and $IOTX . It’s not that $RON is bad, but that I already have 15% of my position in RON, and I evaluated the current position. In terms of market capitalization, RON is currently ranked 85th, with a price of 3.17, while IOTX is ranked 143rd, with a current price of 0.051. After evaluating technical analysis, I feel that IOTX is currently in a range worth buying.

IOTex aims to solve the security, privacy and interoperability problems of current IoT devices by building a decentralized platform. It hopes to enable a trustworthy IoT ecosystem that enables devices to communicate and trade data with each other securely and privately. I think his narrative is very suitable for this bull market: infrastructure, Depin, AI, privacy. And we can see that there are more and more applications in this ecosystem, and if each of them can bring many users to this infrastructure and ecosystem, I think this is the most worthy investment target.

My current positions are basically long-term holdings based on this logic. For example, my largest position, $Ens, has been bought all the way from $8, and I am firmly optimistic.

Current position ratio

- $ENS :50%

- $IOTX :20%

- $RON :15%

- $AR:10%

- $Portal:5%