nihaovand

Rush

$SHIB It's SHIB's turn. I bought it with an IQ of 20.

Pay attention to the infra track, I believe there will still be top projects emerging, several need to be monitored.

Today I saw RAVE (an on-chain perpetual contract platform) launch on Initia. I had previously introduced the Cosmos ecosystem, and the future trend of applications must be:

Every super Dapp has the determination to create its own chain; apart from Meme assets, users really don't care much about which chain a Dapp is on.

Initia is quite good as it is a full-chain Rollup (as we all know, Layer1's computing speed and storage space resources are quite scarce, Rollup processes computing and storage on Layer2, compresses it, and uploads it to the mainnet). You can think of Initia as the "Airdrop + tablet/phone/MAC" in the Apple interconnected ecosystem; it smoothly connects different ecosystems and chains together.

RAVE is a Dappchain built using the Initia technology stack. This Dappchain features high throughput, low cost, and access to all-chain assets; this actually does quite well, customizing chain functions for different Dapps and the users they want, but linking everything through a core hub, "Initia".

It's like: local governments and the central government, as well as local cities connected by high-speed rail; this is a potential outcome of blockchain, which we should continue to observe.

Who dares to buy the bottom of wld

In fact, Binance Pay is worth paying attention to, because the first stop of mass adoption is not the wallet, but the currency

1️⃣ Binance provides C2C currency purchase services in more than 100 countries/regions, including mainstream legal currencies: US dollar, euro, RMB, pound, yen, won, rupee (India), ruble (Russia), lira (Turkey)...

2️⃣ 0 handling fee, extremely fast account arrival; global users reach 200 million.
0 handling fee and global unlimited payment environment, it is already one of the best payment methods in the world. From 2021 to 2024/07, the total transaction volume of Binance Payment has exceeded 120 billion US dollars;

From to: When I went to Spain a few days ago, I was thinking about how to give euros to my friend. When I found that I asked him to download Binance, I gave him USDT through Binance Pay, and he could do C2C by himself

In terms of exchange rate and handling fee: the USD/EUR exchange rate is 1:0.91, but USDT/EUR is 0.935-0.99, Binance handling fee is 0.05u, and there is no limit

Market changes in the next week; see if the answer is in the hands of a few or the majority

Select 5 correct people and get 10u usdt from the quote

I have said many times that the liquidity of most altcoins will not return, or it will take a long time to return to the level of June
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And tell my friends in institutions a sad fact: the book returns will become more and more ugly
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This comes from my observations:
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1️⃣ Most altcoins have only sold their own coins in the past, and the effectiveness of the agreement is also being lost. At the same time, the project does not have enough positive cash flow; or it has completed "cashing out" in the past cycle, and there is no need to pay attention to "old projects"
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2️⃣ Institutional investments in 2022 are about to usher in continuous large-scale unlocking, but the project has not built a strong enough buying order to become a high-quality "bottom-fishing target"; everyone will fall into the prisoner's dilemma of "whether to be the first to sell"
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3️⃣ For market makers, the cost of making markets in an old project without heat is increasing day by day, because liquidity does not return, there is no depth, and market makers do not have much profit space
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4️⃣ The attention and purchasing power of community users are also focused on mainstream currencies and those projects that are really popular. The market buying is narrowing and liquidity will be more concentrated. Of course, this view has only been half confirmed in this round of rising cycle. For example, in the past falling market, LDO, which performed very well, also began to weaken. $LDO's market value was 1.7b in July, and it is only 1b now; But from another perspective, some altcoins need to double to return to the normal state when the market was good this year.

#Babylon主网将上线

Babylon is finally going to launch its mainnet. Let me tell you what Babylon is doing.

⬇️⬇️⬇️

Babylon has proposed a new way to expand Bitcoin. It extracts security from the Bitcoin chain and shares it with various proof-of-stake (PoS) chains, such as Cosmos, Binance Smart Chain, Polkadot, Polygon, etc., thereby bringing yields to BTC staking providers while ensuring the security of the POS chain.

Here is a brief introduction to the POS mechanism to help us understand what Babylon is doing:

Public chain tokens usually require a mechanism for issuance, such as using mining machines to dig pits, which is called the PoW mechanism. The PoS mechanism is to pledge assets in the validator node to ensure the security of the public chain and obtain tokens rewarded by the validator.

One thing Babylon wants to do is to bring the trillion-dollar market value of Bitcoin into the PoS public chain, such as by staking BTC to ensure the security of the PoS chain.

The technical details are in the developer documentation, so we won’t introduce them here. Let’s introduce what this protocol can do.

1️⃣ Babylon’s trustless staking mechanism

Babylon enables users to stake without transferring Bitcoin out of their own addresses. Thus, Bitcoin holders can keep Bitcoin in their own self-custodial vaults. Funds can only be withdrawn from the vault under two circumstances:

Unlocking: Pledgers can use private keys to retrieve their pledges.

Default: If pledgers violate the agreement, funds will be automatically liquidated and deducted from the vault.

This means that the user’s assets can be guaranteed to be secure in the greatest possible way, which is very friendly to Bitcoin holders, such as miners. After all, most Bitcoin Holders have not actually developed the habit of interacting on the chain.

2️⃣ Expand the PMF of the Bitcoin market and create a trillion-dollar market for BTCfi
Babylon has two directions for the development of BTCfi: empowering the entire BTC ecosystem, such as BTC rollup or BTC middleware, and enabling Bitcoin to generate revenue on other POS chains, which is very critical

API3's script

1️⃣ Follow the market closely and recover from time to time

2️⃣ There is a bottom price and it will hardly fall below the bottom price line

3️⃣ There is an expectation of a new high, so keep paying attention $API3

Controversy about $Ton seems to be emerging, and the main issues focus on

1️⃣ Tens of millions of users are beginning to become a common phenomenon, but the consumption power of users is only focused on a few head projects, and the liquidity of the ecosystem seems to be insufficient

2️⃣ There are very few VCs that are really taking action. The main reasons are: the exit expectations are not obvious, and people rarely see the possibility of listing on exchanges; as well as low valuations and data authenticity that is difficult to verify.

3️⃣ It seems that more and more people have found that it is not important to build Tonchain, but to build Telegram. It is difficult to become a member of "Tonchain"

4️⃣ The ecosystem seems a bit monotonous. How many people on Telegram have money in their "purses"? This is a question

But Miniapp based on Telegram does not seem to have exploded its real potential. It seems that it is possible to usher in a strong outbreak like Gamefi in 20 years

But I think ton cannot usher in the miracle of the public chain, and the tenfold surge

$CRV Potential Observation

Bullish $BB $CKB

Bet on Bitcoin ecosystem explosion in October

Crypto is one of the few upward channels | Even if you are in a casino, it is a casino where 1 billion people in the world enjoy financial inclusion and global career opportunities in the new century

Let us ask one thing, what are the upward channels for young people in this society now?

"There are often good horses, but there are not often good horse trainers" What platform is there for you to fully display yourself?

Our destiny is closely related to the country we are in at all times. Whether it is your legal currency or fixed assets, land, cars, tickets, everything you own, the value has nothing to do with you

Who still thinks that the return you get is because you pay, rather than the country you live in just giving you?

The group of people who really made money did so because of the flooding, the rapid growth of the country, assets and opportunities, and unlimited upward channels.

But what about now? Everything you touch wants to exploit you more, or to make you successful?

Who still thinks that you have the ability to make a lot of money under a centralized government system?

Are you a royal relative? Isn't the only real money in this world power? But the so-called money in your pocket?

In this era, what opportunities are there to recreate globalization? What else can get rid of the restrictions of birthplace?

The biggest unfairness in life is geographical unfairness, which city you were born in, which family you were born in. The main theme of society and the demand for the next 100 years must be: fairness

Which national government today spares no effort to be committed to transformative fairness? Rather than just letting you "feel fairness" in your class and the people you come into contact with?

What does society need? What do we need? Why are we not firmly optimistic about the crypto world! Optimistic about BTC

$MEW has been discovered and accompanied since its opening on the chain, and has become a green spot in the red! Yesterday, I was still calling mew. Although I didn’t continue to increase my position, many people in the community still followed.
I can only say: I will host it again

$MEW just said it would fall and it went straight down. This is too outrageous. Damn, I really want to laugh.

One should not dwell on anything, but give rise to the mind