June 19, 2024 Grandpa checks in

Today, L0's airdrop was also issued, but only 5% of the total tokens were given, and most of the airdrops were given to certain NFT holding addresses, which is undoubtedly a typical insider trading behavior. However, there was no criticism in the market, not because L0's airdrop was satisfactory, but because the criticism was given to ZK, and there was no energy to criticize L0 anymore. Besides, even if they criticized, it would be useless. The tokens are in the hands of the project party, and the rules are naturally decided by them. Judging from the airdrop rules of these two projects, the so-called "studio" model has basically come to an end.

In the unregulated field of the B circle, it is unrealistic for us to have too many expectations and aspirations for projects. In the face of interests, supervision can become a decoration, let alone us. Of course, there are studios that make a lot of money, and they are the first batch to eat meat. When a money-making model becomes an open secret, it is basically difficult to work. Investors should avoid going for hot spots. Recently, I saw that a blogger’s game gold account was also blocked, and it was this year’s popular Bigtime. You can imagine how black-hearted the project owners in the B circle are.

Any investment should be prepared to lose all the principal. Don't think that you should be given money for airdrops. There is no such saying. Regarding airdrops, I still say that real players who participate in the early development and construction of the project will have stronger competitiveness in the future airdrop market. As for scolding, it is really unnecessary. If you think you should scold the project party, it means that you are not aware of your own problems. Your ability to control risks, estimate the human nature of the project party, and judge trends needs to be improved.

In terms of the market, yesterday's sharp drop in the altcoin sector can basically be judged as the recent bottom, and we can enter the altcoin sector. In the previous declines, I always said that we should not rush into the altcoin sector, mainly Bitcoin and Ethereum. This time, I think we can take greater risks for profits. The safety of a short-term sharp drop is still good. I will give you an example of CRV. I recommended everyone to buy it at around 0.26 in the group. As of today, there is a 30% profit, and it has withstood the decline of the market. Therefore, it is also important to be able to find targets with wrong prices, and yesterday's sharp drop was basically a wrong kill of the altcoin sector. #CRV

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