Recently, there has been a lot of discussion about the popular Wang Xing incident, with many comments saying that his girlfriend saved him. Observing from just one aspect, it indicates that the public is becoming increasingly smart, realizing that his rescue relies on public opinion pressure, so the ones to be thanked are neither the CN government nor the THA government. This also has a bit of a web3 flavor, the power of the community, and of course, it also requires the influence of celebrity KOLs in the first phase.
If we compare a public chain to a country, the native currency on the public chain is the legal currency of the country, the project on the public chain is a company in the country, the number of active wallet addresses is the population of the country, and the gas fee is the tax. So what are the advantages of $ETH over $SOL ?
Is the address with a 30% share of $DOGS in the $TON blockchain explorer an exchange address? How can I see the OK address without the Binance address? By the way, the browser for $SUI is really better than most public chain browsers. The TON browser is like a lump.
$SUI Last week, I opened a blue contract on an exchange. When it rose to 0.5, 600u changed to 1400u. Then I was greedy and didn't close the position. I didn't notice that 25% of the total airdrop before the blue unlocked on the 11th. In fact, I overestimated the liquidity of blue. It fell to 0.3, and the result was that I closed the position at a loss of 200u. I really can't play contracts. At present, the top three DeFi protocol revenues on the sui chain are $CETUS , suilend, and bluefin. The bluefin project is a relatively low-key type, which can be seen from their official push. I am still optimistic about blue in the long run and still hold spot.
$SUI $CETUS Bluefin launched the blue vault last night, where you can deposit blue. I deposited about $2 million of blue in a few hours, and the APR dropped from more than 60% when it was first launched to 15%. Yesterday was the second phase of the airdrop unlocking time, and 25% of the airdrop volume was unlocked. Although it has been listed on several small exchanges, the liquidity is still too poor. The circulating market value of less than 50 million has dropped by 20%. If the blue vault is not launched at this time, it will definitely fall more. If blue cannot be listed on Binance, the subsequent three phases of airdrops will be unlocked in a year. Even if it rises, it will fall quickly. The biggest feature of cetus is its pledge. If you want to avoid losses, you have to deposit for 6 months, which limits the circulating chips to a considerable extent. If you buy cetus, you can go long within twice the contract. Don't pledge the spot and wait for the high point to sell. From this point of view, the large exchanges in the secondary market are indeed leeks.
$DOGS It turns out that this coin is still useful. Occasionally, there are new coins that can be mined on Telegram like BNB. But there are requirements for the number of holdings. The top 500 have at least 2 million coins. I have been stuck in the long position of the coin for a month, and the cost has been supplemented from 66 to 58. 😩
The location of $SUI $CETUS is okay, but the position is relatively small. Actually, I wasn't planning to trade contracts anymore, but because this exchange is running a promotion, the funds need to be held for a few days to complete the task, and seeing the sharp decline, I opened a contract. These two coins are also ones I bought on-chain as spot and then staked, intending to hold them long-term.
I don't understand those who insist on shorting Sui. Of course, as a competitor, I hope there are as many funds shorting as possible. For a project like Sui, has it not proven its strength by increasing tenfold in just a few months? In this market, with so many junk coins, it's quite willful to short the star public chain of this bull market.
$CETUS still didn't let me down. As the leading Defi protocol of $SUI and $APT , such a low circulation combined with its special staking method means that buying spot or contracts within 2 times should not incur losses.
$SUI geigei started to work hard with the ecosystem. Today, the token blue of bluefin fell to a minimum of around 0.36, with a total of 1 billion. Bluefin is currently the only Dapp on the sui chain that can do perpetual contracts. Although the number of users, transaction volume and tvl are still far behind Hyperliquiquit and Jupiter, it still has great potential based on the high speed and low gas advantages of the sui chain. It has already achieved a profit of one million US dollars per month. A new version will be launched in the first quarter. You can go to bluefin to experience contract trading, and blue tokens will be given away every week based on the transaction volume.
Those interested in $SUI can download a Sui wallet from Google Play to experience it. The overall market value of meme coins on the Sui chain is very low, with the highest being less than 200 million dollars. The Sui wallet can seamlessly connect to Defi applications on Sui. Currently, transferring money from Binance to Sui is quite inconvenient, as USDT and USDC cannot be transferred directly. I usually buy Sui and transfer it to the Sui chain, then exchange it for stablecoins in the DEX.
I watched Master Xu's latest video on Bilibili, and I was truly shocked. It really proves that saying, 'Happy families are all alike; every unhappy family is unhappy in its own way.'