The CyberWizards series of 10,000 NFTs from the decentralized exchange ArcaneFinance on ALEO has officially sold out on December 28. Following that, the Launchpad feature was launched on ArcaneFinance, and now two NFT series, Aleo Crazy Cats and Ghosts of Aleo, each consisting of 10,000 pieces, have been released on the Launchpad. launchpad.arcane.finance
Today, December 28, the price of ALEO has fallen below 1U. Currently, the circulating supply of ALEO is 289 million, with a circulating market value of 289 million U, ranking 247th in market capitalization.
Aleo now has projects that can participate in the airdrop of future project tokens
Today I will sort out the projects on Aleo that you can participate in to compete for future project token airdrops. These are my personal opinions and are for your reference.
1.Arcane Finance Aleo is a decentralized exchange. They have launched a series of 10,000 NFTs. They are still in the process of minting. At the current price of ALEO, each NFT only costs a few ∪. In the future, when projects issue coins and airdrop, the airdrop of holding this NFT will definitely be indispensable. Its competitor is AlphaSwap. I was quite optimistic about it before the launch of the Aleo mainnet. But now that the Aleo mainnet has been launched, ALEO, a decentralized exchange on Aleo, has to be rebranded as WALEO. It is unnecessary. There has been no update or change since the mainnet was launched. The meme event has no attention at all, and the time has been extended again and again. It seems that it will not change in the future. There is no need to pay attention to it now.
On his last day in office, Alex, Executive Director of the Aleo Foundation, shared his parting thoughts on X.
Today, December 24, 2024, Alex, the Executive Director of the Aleo Foundation, shared his parting thoughts on X on his last day in the position, noting that although he will no longer be the Executive Director after tomorrow, he still holds the role of Chair of the Board and is not leaving the Aleo Foundation; he is simply transitioning from Executive Director to Chair of the Board, remaining within the Aleo Foundation. From my perspective during my time at Aleo, the technology has been realized and is successful, but in terms of price, Aleo is a complete mess, with the market generally believing that Aleo's price should be around 20 to 30∪ after going live on the mainnet, and the over-the-counter trading price was also around 8∪, but after announcing the formal mainnet launch, the price on the first day was only in the low 2s∪, and it was listed on a few small exchanges; people generally believed it would definitely list on Binance or OKEx, but reality is always vastly different from expectations. Although Aleo's price rose in the following days, it has been declining after reaching the 6s∪ mark, and now the price is only 1.1, close to breaking 1∪. I hope the new Executive Director can improve the coin price.
LSP Season 2 airdrop activity begins. Complete the tasks to get corresponding gems. Gems can be exchanged for future airdrops. The airdrop is tentatively scheduled to be launched in the first quarter of 25
LSP Season 2 airdrop activity begins. Complete the tasks to get corresponding gems. Gems can be exchanged for future airdrops. The airdrop is tentatively scheduled to be launched in the first quarter of 25
The airdrop activity in Season 1 of LSP uses a points system, while the second season uses a gem system. You will get corresponding gems by completing corresponding tasks. The more gems you have, the more airdrops you can redeem in the future. Currently, the tasks include signing in, following the official account, asset trading, pledging MANTA, pledging ALEO, invitations, etc., as shown in the figure below. By completing the tasks, you can not only get gems to exchange for future token airdrops, but also gain experience to upgrade your account. The account level corresponds to your invitation reward, 5%-20%. Users who reach level 8 can form a guild and earn 20% gem rewards. Stay tuned for more tasks.
The latest round of XAI small keys, with a starting price of $50 and a final price of $1,050, will be sold on ARB in the middle and late part of this month
The starting price of XAI small keys is 0.0143 ETH (about $50). As sales increase, the price will gradually rise, and the final price will reach 0.3 ETH (about $1,050). In the last round of public sales, XAI small keys received more than 12 million requests in the first minute, and the first 12 price ranges were sold out on the first day. This time, less than 1.5 million XAI small keys will be officially sold on ARB in the middle and late part of this month. Interested friends remember to pay attention.
Holding XAI small keys can continuously obtain esXAI token rewards, and esXAI tokens can be converted into XAI tokens; holding XAI small keys can obtain exclusive airdrops for Xai blockchain games, including in-game items, game tokens, and various game privileges.
XAI is jointly developed by the development team of ARB, focusing on the Web3 game ecosystem. In less than a year, it has launched more than 10 games with partners, attracting 9 million active wallets on the chain, such as: Planet-X, Riftstorm, Riftstorm, Lost Fault, Tolan Universe, Tarochi, etc. If you are a game enthusiast and like to play games, it is recommended that you take some time to study it carefully, and you should have good gains. #XAI小钥匙公售 $XAI
WalletConnect has now opened the WCT airdrop query and collection. Copy https://airdrop.walletconnect.network/ to open it, authorize the link to the wallet you submitted last month, and you will be able to see the amount of airdrop received. The WCT collected is on the OP chain. I received 311.7, how much did you receive? #WCT
Participate in the GMT burn voting, share over 20 million ∪ of the 100 million GMT token airdrop
GMT launched a voting event to burn 600 million tokens. These 600 million tokens are the ones repurchased from investors and advisors by the team, which are unlocked tokens donated to the DAO, valued at around 130 million ∪ at the current price. Currently, the circulating market value of GMT is about 640 million, making it a significant effort.
All holders of GMT tokens can lock their GMT through burngmt.com to participate in the voting, and they can also share in the airdrop of 100 million GMT tokens worth over 20 million ∪ and automatically receive a limited edition NFT. The more tokens you lock, the greater your voting share, and correspondingly, the more airdrop you should receive.
If you currently hold GMT and do not plan to sell in the short term but intend to hold long-term, you can participate. The period is from November 21, 2024, to January 20, 2025, a duration of 3 months.
Currently, the total supply of GMT is 5.264 billion, with a circulating supply of 2.983 billion. If all 600 million GMT tokens are burned (lock 100 million GMT, burn 60 million; lock 500 million, burn 230 million; lock 900 million, burn all 600 million tokens), then in the next six years, only 27% of the move2earn and ecological fund will be unlocked.
For those who want to participate and see detailed steps, there are many detailed articles in Binance Square, which I won't write about here.
Here I would like to remind you that participating in voting requires locking GMT tokens. Holders who do not plan to sell within three months can participate, but if you only plan to hold short-term or intend to buy coins to participate now, I think it is unnecessary.
The market is currently good, and FOMO is serious; everyone should be mindful of the risks.
The first phase of LSP airdrop has ended, and the second phase is about to begin. Hurry up and mint the Genesis NFT badge to lock your points in the first phase.
The first phase of LSP airdrop activity has ended, and the second phase of airdrop activity is about to begin. The points obtained in the first phase have been snapshotted, but you need to spend 0.0008ETH in the upgraded new DAPP of LSP before 24:00 on November 30 to mint a LSP Genesis NFT badge to lock the points obtained in the first phase. The new DAPP address of LSP is https://app.lsp.finance?r=U2FsdGVkX19vvA0S_CDHQgqGRRK74qVdX8vbmf5DvgINi8_UCwyw3OjEG9ngl2YuPEIkuQoE3ctPma8_VBpinw, copy it to the web3 wallet to open, authorize the wallet address, click Mint Now, follow the prompts to authorize the casting. 0.0008ETH is about 2. If it expires and is not minted, the first-stage points will be used for the fee. Only those who have participated in the first stage can mint the Genesis NFT badge. New users cannot mint it. The Genesis NFT is not only used to lock the points in the first stage, but also has other rights and interests. Now there is a problem with the imtoken wallet and NFT cannot be minted. Please use other web3 wallets.
The coins and shares pledged in the old version are also automatically migrated to the new DAPP system without any operation, but the various income generated in the old system needs to be withdrawn manually. You need to withdraw them to your own wallet or exchange, or to the new version of DAPP. Only the coins and shares in the pledge are automatically migrated to the new DAPP. The assets in the old version of DAPP system should be withdrawn as soon as possible. The old system will be closed next month.
The new LSP DAPP is more powerful. Hurry up and mint your Genesis NFT badge and experience the new LSP.
The second phase of airdrops will be a brand new way, waiting for the announcement of the project party.
Did Aleo launch the mainnet in the early morning of September 5? No, it's just a testnet
This morning, Aleo launched the mainnet beta version and launched the genesis block. Many people think that this is the official launch of the Aleo mainnet. In fact, it is not. This is also just a testnet, but its genesis block launch and blockchain operation are in accordance with the standard requirements of the mainnet. But there is no doubt that it is just a testnet, not the mainnet.
Many people think that the current beta version of Aleo will become a real mainnet during testing like Fil, so many people are anxious to start deploying machines to start mining, but I think it is unlikely, because the data of the original Fil testnet launch were all based on real data, and we can see from Aleo's block browser that its data are all messed up, not based on real data.
970 million staked, only 110,000 staked by the validator, and only 52 certifiers. These data are obviously false. You should know that one validator needs to stake 10 million. Aleo is so popular that there can't be only 52 certifiers. I won't say more. You can go and see for yourself. Of course, this is just a personal analysis, not absolute. Maybe it's not impossible to become the main network. It depends on the project party. But I think the probability of directly becoming the main network is very small, but now it's just a test network, not the main network. This is certain.
Now the market is not good, you can take advantage of airdrops. LSP is a node liquidity slicing protocol, which can sell the locked coins in advance on LSP. For example, when the Aleo mainnet is launched, some institutions and other people have to lock up coins for a year before unlocking them. They can be connected to LSP for early sale and cashing. As long as it is lower than the market price, there are people who buy it. The locked coins can be sold in advance for cash, and investors can buy the locked coins at a price lower than the market price. It is a win-win for all parties. This is a brand new market with great value. If you are interested, copy https://app.lsp.network/#/?invite=0x1f562d5b4a5abfa7e5cc3772a4288d8f2f809d93 and open it in the Web3 wallet. You only need a little ETH on the Arb chain to do GAS and sign in every day. The points earned by signing in can be exchanged for tokens when LSP goes online. If you are not satisfied with just signing in to get points, you can read my previous article if you want to get more points and more information about LSP.
3 Reasons Why the Market Slumped, and Why the Crypto Bull Run Isn’t Over
The crypto market has plummeted in recent days, especially yesterday. There are three main reasons for this: the first is Japan's interest rate hike, the second is the poor U.S. non-farm data, and the third is Buffett's reduction of Apple holdings, which has caused speculation that the United States is about to enter a recession, so both the currency market and the stock market have fallen sharply. But I don't think we need to worry. This kind of decline is unsustainable. It will probably end in the next few days. A major recession in the United States is unlikely to happen. After all, Goldman Sachs has only raised the probability of a recession in the United States from 10% to 25%. There is still a 75% probability that there will be no recession. There are also means to cut interest rates when interest rates are high. Moreover, the United States is a superpower and it has many means to divert crises. So I think this round of crypto bull market is not over yet. As long as we hold high-quality currencies, we don't need to worry about a big drop. Just bear it. Don't think about selling at a high price and buying it back at a low price. The more you do, the more mistakes you make. No one knows how much it will fall? When will it fall? Many people who do technology say that the head shape has come out now, but what I want to say is that the technical shape is not worth mentioning in front of the fundamentals.
LSP started internal testing less than a week ago, and today the number of registered users has exceeded 200,000
LSP is a node liquidity slicing protocol. We all know that after staking tokens on a node, there is a lock-up period. During this period, the tokens we stake cannot be withdrawn or sold. The common practice in the market now is to issue a sub-coin, but LSP is not. It directly slices node liquidity, that is, the node needs to be connected to LSP, and the tokens staked on the node can be bought and sold directly like on an exchange without affecting the node's income rights.
In addition to the nodes, we all know that a project is financed in the early stage. The institution gives money to the project party, and the project party gives the institution a certain amount of tokens, but these tokens usually have a certain lock-up period and release regulations. After the lock-up period, they can be released according to the release rules and the institution can sell these tokens. But through LSP, the institution does not need to touch these coins, and can directly connect to LSP and sell the tokens in advance, and realize them in advance without any sound.
Do you see the value of the LSP project? The prospects are broad. Now it has just started the internal test, and participation is only by invitation, but even so, in less than a week, the number of registered people has exceeded 200,000. Many projects have less than 200,000 people, while LSP has more than 200,000 registered people in less than a week, and it is still in the internal test period.
Now the project party will take out 5% of the tokens, that is, 50 million tokens, to reward users who participated in the internal test in the early stage. According to uncertain market news, LSP is likely to be listed on Ouyi, and is striving to be the first to be listed on Binance. 5% of the 50 million tokens are worth 100 million to 500 million. Now you can only participate by invitation. Copy https://app.lsp.network/#/?invite=0x1f562d5b4a5abfa7e5cc3772a4288d8f2f809d93 and open it in the Web3 wallet. TP, imToken, and Ouyi Web3 wallets are all OK. Connect the wallet, click on the points, and sign in every day to participate in the airdrop. Signing in only requires a little bit of ETH on the Arb chain to do GAS to get airdrop points. Points can be exchanged for airdrop tokens later. After a few days, you can also participate in the profit sharing of the LSP platform through the points obtained by staking. All the income of the LSP platform is distributed to those who participate in the points staking.
Action is worse than action. Hurry up and sign in!
The following picture shows the three member information of LSP
The first way: Everyone will be rewarded with 980 points when they connect to the wallet for the first time. This reward is only once. It will be automatically credited to the account after the first connection to the wallet. No other operations are required.
The second way: Check in every day to get points. Check in on the first day to get 100 points, check in on the second day to get 200 points, and after the seventh day to get 700 points. This check-in requires contract interaction with the wallet, using the Arb chain, so our wallet needs to switch to the Arb chain, and the Arb chain requires a little ETH for GAS, which is very little. Check-in is refreshed at 8 am Beijing time every day. You need to check in every day, otherwise the active value will drop, which may affect the ratio of points to tokens.
The third way: Buy a sell order with a token value of more than 100U on the LSP platform, and get 7,000 points. This is only rewarded once a day.
The fourth way: The first sell order with a value of more than 100U on the LSP platform every day will be rewarded with 1,400 points. You will get it when you place an order, and you can withdraw it after placing the order, which will not affect the points.
Fifth: Selling an order with a value of more than 100U on the LSP platform will reward 7,000 points, which is also only rewarded once a day.
Sixth: Entrust tokens on the LSP platform for staking, the value must be more than 10U, and 7,000 points will be rewarded, which is also only rewarded once a day.
Seventh: Recommendation reward points, the recommender can get 10% of the points reward of the recommended person.
LSP has just started internal testing these days, and will be listed in about half a year. The airdrop reward is 5% of the total tokens, 50 million tokens. Now it can only be participated by invitation. Those who are interested can copy https://app.lsp.network/#/?invite=0x1f562d5b4a5abfa7e5cc3772a4288d8f2f809d93 and open it in the Web3 wallet to participate. TP, imToken, and Ouyi Web3 wallets are all OK.
By the way, be careful when you are playing with wool, and you will check witches.
LSP, a project with a market value of 10 billion yuan, simply signs in every day and earns thousands to tens of thousands of U
This project is called LSP. This project has been favored by many project parties and institutions. According to what we learned from the LSP project party, they are at least listed on Ouyi, and are now actively communicating with Binance to strive for the first listing on Binance.
The LSP issuance volume is 1 billion, and 5% is taken out for airdrop, which is 50 million, worth 100 to 500 million US dollars, which is very considerable.
It is very simple to obtain airdrop tokens. Just sign in every day. Signing in will earn points. The points will be exchanged for tokens before the tokens are listed. It has just started internal testing and will be listed in about half a year.
Now start the airdrop tutorial. First, copy the following link and open it in the Web3 wallet. TP, ImToken, Ouyi Web3 wallet are all OK. https://app.lsp.network/#/?invite=0x1f562d5b4a5abfa7e5cc3772a4288d8f2f809d93
By the way, the wallet needs to be switched to the Arb chain. Charge one or two U of ETH on Arb as GAS fee, which is needed for signing in.
After entering LSP, it is in English by default. Click the three bars in the upper left corner, and then click the option at the bottom to switch to Traditional Chinese.
Then click Connect Wallet to connect the wallet. After connecting the wallet, click the Points option to sign in.
You must sign in every day, otherwise the activity will decrease, which will affect the ratio of points to tokens. Now it is the internal test base stage, and you must invite a connection to enter. If you have the ability to promote, you can promote and invite others, and you can get 10% of the points reward of the promoter.
Now we have just started internal testing, and it will be launched in half a year. From now on, it is not a problem to sign in every day, and it is not impossible to get a few hundred U. If you are lucky, it is not impossible to get one or two thousand U. If you have the ability to promote, it is not impossible to get thousands or tens of thousands of U by recommending some people.
By the way, as a reminder, don't use multiple accounts to play, one mobile phone and one account are enough. The project will be connected to the anti-witch later, and time will be wasted if you are witched.
Leave a message if you have any questions, I will answer them when I see them. If you have the ability, you can recommend more people, I believe you will not be disappointed. By the way, the 10% point reward is only for the people you recommend, there is no multi-generation reward.
Good coins cannot be held, bad coins are beaten every day
After buying coins, I sell them as soon as they go up a little bit, fearing a pullback. I would lose that little bit of profit and wouldn’t be able to hold on to the coins at all. After buying the currency, the price fell, but you held on to it and refused to sell it, thinking that the price would go back up. You made a wrong decision and did not correct it, and just watched the price fall. These situations have continued since I entered the cryptocurrency circle. It has been slightly better in the past year, but it still happens from time to time. These situations result in us only making small profits when we earn money, but losing money is a big loss. I believe many of my friends have encountered these situations. So what should we do to reverse the situation and make sure we only lose a small amount of money when we lose and make a lot of money when we make money?
Cognitive awakening does not mean that you can make money
Cognitive awakening means being able to think independently. When facing a problem or a matter, you have your own thinking and insights, instead of just following what others say and doing what others arrange without any thinking of your own.
From not thinking about anything to having your own thinking, this is a big breakthrough, which many people cannot break through. Most people just go with the flow and live step by step according to the way others arrange.
Having your own independent thinking, regardless of whether this thinking is right or not, being able to think independently is the most important step to understand the true meaning of this world, and the closer the thinking is to the correct truth, the higher the cognition, and improving cognition is to improve the correctness of thinking about problems and things.
It is very painful to have cognitive awakening but no money. When there is no awakening cognition, it will not be very painful to have no money. At most, you will live numbly, because most people are similar. But when cognition is awakened, you start to think, understand some truths of this society, but you are struggling at the bottom, this pain is really uncomfortable.
Making money is not enough for cognitive awakening, but also requires unity of knowledge and action, plus a little luck. Learn more real knowledge, learn to distinguish and stay away from useless or even harmful knowledge, learn and understand the truly useful knowledge, and practice it to achieve unity of knowledge and action.
Knowing is not easy, doing is even harder, and unity of knowledge and action is even harder. Knowing does not necessarily mean you can do it. Many people know a lot of great principles, but they just don't do it, or they do it at a discount, because most of the truly useful great principles are against human nature, it is not easy to do it, and even if you do it, you may not achieve the expected results, so you need a little luck.
There is also a long way to go from cognitive awakening to making money, which can be as short as two or three years, as long as six or seven years, or even ten or twenty years. This process is long and difficult, and pain is common, but you must persist. It is not easy to find the right path, and it is equally difficult to succeed on the right path.
As of 11:00 on June 4, 2024, the total market value of cryptocurrencies is 2.56 trillion US dollars, of which Bitcoin accounts for 53.17%, more than half of the total market value of cryptocurrencies, Ethereum accounts for 17.68%, and Bitcoin and Ethereum account for 70%. Other cryptocurrencies account for less than 30%. It can be seen that Bitcoin is undoubtedly the leader in cryptocurrency.
Bitcoin is an investment asset. Investment is investment. Don’t confuse it with safe-haven assets. If you really buy Bitcoin just for safe-haven assets, I believe that not only will you not avoid the risk, but you will also lose your money.
Bitcoin has cyclical nature. In the past, the market value of Bitcoin was small, and its rise and fall were mainly affected by emotions. Now the market value of Bitcoin is very large, and its rise and fall are affected by currency liquidity. If there is a lot of money in the market, it will rise, and if there is less money in the market, it will fall.
The only recognized safe-haven asset is gold. Think about it, if there is a major turmoil, the electronic infrastructure will be destroyed, and Bitcoin relies on electronic devices. Electronic devices can no longer be used. I believe that at that time, even if Bitcoin does not return to zero, it will definitely not have much value.
Trump-themed MEME coin MAGA (TRUMP) has risen more than 2,000 times since its launch in 2023
Trump-themed MEME coin MAGA (TRUMP) has risen more than 2,000 times since its launch in 2023, from the lowest point of 0.00779 to the current price of 17.1. To be precise, it has risen by more than 2,000 times, 2,195 times, nearly 2,200 times. This is a miracle completed in 10 months. Of course, the currency circle is not short of miracles, and TRUMP is just one of them.
This miracle makes cryptocurrency extremely desirable. The financial technology company Triple A recently released a report entitled "Global Cryptocurrency Ownership Status in 2024", saying that the number of global cryptocurrency holders reached 562 million, accounting for 6.8% of the total population. The number of cryptocurrency participants has been increasing rapidly. Now the cryptocurrency market is a bull market, and various parties have successively accelerated the inflow of personnel through cryptocurrency ETFs.
The wealth of the cryptocurrency market is desirable, but we cannot lose our way. We must always remember our original intention. We are here to invest and make money. But many people lose their rationality once they come in, invest blindly and buy randomly, and eventually lose all their money. They can only contribute to the development of blockchain and become that GAS. After all, if some people make money in this market, some people will lose money. If some people make a lot of money, some people will lose a lot, or many people will lose money.
My general view on NFT is not to participate. I will just eat melons when I should. I can watch the excitement, but I won't participate. As for the reason, I can't see any value in NFT at this stage. I haven't found any practical applications and I can't grasp it, so I don't participate. This is the best choice in my opinion. Although I can't participate in the wealth feast of NFT to make money, at least I won't lose money.
However, it doesn't mean that NFT is worthless. I can say with certainty that NFT is very valuable, very valuable, but its value cannot be realized at this stage. Now NFT can only rely on copying and playing the game of who runs faster. The faster runners get meat to eat, and the slower runners who take over the baton don't eat soup, and they have to pay for their own bowls. I think I can't be a fast runner, so I don't participate. Of course, this non-participation is just not participating now. When NFT is valuable in the future and there is money to be made, I still have to participate. After all, why not make money if there is money to be made.