The economic model of $GMT was modified a long time ago, resulting in a slight imbalance in the ratio of GMT output and market inflow. GMT also fell from $4.17.

Can the current economic model of GMT staking and burning to pull the market support continued price increases? Is there any need to hold or buy in the future?

GMT has actually been played on multiple chains. The number of tokens, output ratio, etc., in the final analysis, is still to make an economic balance with output destruction, including the current massive burning.

The FSL team repurchased about 600 million GMT tokens and then transferred them to the address of GMT DAO for burning.

🔥 Locked GMT reached 100 million, and burned 60 million GMT;
🔥 Locked GMT reached 500 million, and burned 230 million GMT;
🔥 Locked GMT reached 900 million, and burned 600 million GMT.

#GMT投票燃烧计划

This lock-up period lasts until January 20, 2025. After the GMT destruction activity is over, users will be rewarded.

Pay attention to the total amount of GMT and the current circulation. The total amount is 5.26 billion tokens, and there are 2.98 billion tokens in circulation. The destruction of these 600 million tokens will not last too long. This mood will only go up to $0.265 at most.

However, the economic model of GMT is healthy, but the problem that the economic model of chain games always needs to solve is the problem of the continuous attenuation of the price caused by the continuous production and circulation of tokens. Therefore, GMT can be supported for a long time until now, so the economic model of STEPN GO is still good.

The recent market has been falling because of the holiday. Brothers must believe that there is still a bull market, but they don’t want to take advantage of the decline during this period. They don’t know whether to run first.

Don’t worry, we need to understand why the market fell. I guess many Kols in the square have already said the reason in the past few days.

"The Federal Reserve is ‘temporarily’ not allowed to buy and store Bitcoin" has changed this sentence?

Remember the posts I posted in October and November this year, saying that Trump’s presidency may not necessarily create positive news, because Musk said in another interview that Trump’s presidency will definitely lead to an increase in inflation for a period of time, so there is a possibility of raising interest rates.

At present, some foreign media have hyped this news, and may be bearish on Trump’s presidency for a period of time, and the market will once again enter a more chaotic market.

If this is the case, then I think the price of $BTC will fall significantly around 92,000-90,000 US dollars.

On one hand, institutions are on holiday, on the other hand, retail investors are clearing their positions, and on the other hand, the data is negative. The three core stocks are all being sold. It is inevitable that everyone will be trapped in the short term.

February next year will definitely be bullish, or there will be a high probability of bottom-fishing after January 10. I have cleared all my positions of $UNI and am waiting for bottom-fishing.

I estimate that UNI will bottom-fish around 11. It seems unlikely that it will close quickly. Institutions have all bought in. The decline is as high as 28%. It is a little difficult to close the needle. Be cautious when bottom-fishing.

The monthly line looks scary, the weekly line looks indifferent, and the daily line looks like bottom-fishing.

The gameplay of Binance Alpha truly captures the essence of Memecoin culture. The previous Binance Web3 Wallet Alpha was able to create such a huge wave; this influx of traffic is truly the essence!

The top sister still remains the top sister! It’s really fun! Come on, do it again!

Next, I guess
BNB Chain is: BOB,
Ethereum's three are: MASR, MAGA, MOODENG
Solana is: WEN

#币安Alpha项目公布

$PENGU $ME $SOL

$UNI A little order secretly, I see 15.8 can't go down anymore, so I simply waited a bit and opened a coin-based position.

Let's see if this wave can push up to a price of 20 dollars, allowing me to profit a small amount of U.

$ME has really dropped straight down. A few days ago, it was around 4 dollars, and now it's 3.1. It feels like only after tonight will I dare to say there will gradually be an opportunity to buy at the bottom.

$PENGU Although it has dropped, the market value is still too large, with 2.7 billion dollars. Those who estimate to buy in might have to be stuck for at least 1 - 2 months.

Tonight PENGU will be listed on Binance at 10 o'clock. The current over-the-counter price is $0.042 each, and the market capitalization has already reached over 4 billion. I wonder if the opening price will be driven up that high; I certainly don't have any.

If PENGU drops below 0.001, I will consider buying a little.

$FTT The recent market fluctuations are really abnormal. Is there any chance to reach $10 with a spike every now and then?

Let's first look at the short-term trend. The order volume is increasing at the position of $3.15-3.4, so it is inevitable that there will be continuous spikes in this area.

In fact, it can be seen that the current FTT market has a bullish trend of absorbing funds. I think there is a good chance to break through the previous high of $6.06.

There is a great chance that FTT will restart. SBF will be released and have the opportunity to give a government position. FTT is also one of the categories considered by Trump in the United States.

#FTT反弹分析 #加密用户突破1800万

$DOGE transferred 5 billion tokens from Binance, worth over 2 billion, DOGE is likely to reach 1 dollar this year, hold long.

$COW as a small market cap defi in ambush, is posted in the chatroom after careful selection, and is continuously reminded about the cow asset.

The cow has also risen from an entry price of 0.52 to a current high of 1.04 dollars in just a few days, and the current trend still has the potential to continue rising.

The reason for the recommendation is quite simple: new project, small market cap, and the performance after listing on Binance has been very good, which is why it was shared in the chatroom.

The short-term market suddenly surged after $OP 1 hours, and the morning's financing saw a slight effect in the afternoon.

Gray has come to issue orders again.

Will the two targets $LDO and $OP be the same as $SUI and ENA?

To be honest, the holding openness of these two sets of targets is a bit different, but the difference is not very significant. I would favor these two OPs a bit more. Personally, I am not very optimistic about the re-staking sector of LDO.

So I think the position allocation can be better with LDO (3) : (7) OP for allocation.

The rise of $SUI follows the increase in Grayscale holdings and the take-off of pledged volume. In addition, I have mentioned the highlights of SUI very early on. Whether it is team strength, financial strength, Grayscale holdings, pledged volume, or ecology, they are all much stronger.

So why can't $APT rise? I think the voice of APT is very low in the current market. The last time the emojicoin launched by the APT ecology was just popular, and it was made into what it is now because of the mechanism. The ecological comparison is a failure.

The highlights of APT are not bright, that is, hard grinding. It is not strong online. But let's see if Layer1 will have a good opportunity if it rotates again.

$SUI hit a record high of $549 million in transaction volume, and its current market value has directly exceeded $13 billion.

I sold my SUI long ago after it rose to 3. There may be room for growth, but my perception at the time was that the market had reached 3, and I couldn't make the remaining space, so I felt relieved.

The weekly line has risen 10 times from the bottom. This is the most powerful year for the Move language sector this year, while its brother $APT has a market value of only $7.6 billion, and $MOVE has a market value of $1.4 billion.

APT is Layer1, so let's not talk about it. Layer1 will always be more popular than Layer2, and the technical threshold is higher, which is very worthy of Holder

But MOVE is a Layer2 public chain. No Layer2 chain can beat it this year, so I am not optimistic. This kind of Layer2 chain is now purely making money from investors, doing nothing, and not pulling the market at all.

Now Layer2 projects are dispensable for traders.

#美联储12月降息预期上升 #加密市场反弹

Who is Big White?

The market is currently picking up low-priced chips, with institutions transferring a large amount of $UNI from Binance to the chain.

Moreover, the market trend is expected to favor a rate cut on the 18th, leading to a quick upward spike followed by a rapid drop, and then we will have Christmas and the foreign New Year.

Selling chips to cash in for New Year goods, based on past experience, the cryptocurrency market tends to be very volatile in January due to high trading volume, and around our Spring Festival, there will be a situation of selling pressure in Asia and buying from foreign markets.

This period of fluctuation is definitely going to be very active, and the waves will be quite entertaining for you guys. Additionally, pay attention to buying low-priced chips in the spot market. #市场调整后的方向 #BTC投资案未获微软股东同意

$ME gave 55 airdrops, with a maximum value of 440 dollars, was about to drop last night so decided not to sell, anyway during a bull market I’m not worried it won't rise, got up this morning and saw it skyrocketed.

What do you call this? Able to hold on during a downturn, but can't hold during an upturn; people only see immediate benefits.

However, ME may need to undergo a wave of consolidation in the short term, after hitting a new high, there is currently a lot of selling pressure, partly due to taking profits from the new high position and partly because the short-term trend has started to weaken and is likely to head lower.

Currently, the market cap may be relatively high, and the expected pullback level could be around 4 dollars. Depending on the market, there may be an opportunity to buy back around 4 dollars, and it should hit a new high position again.

#币安ME开盘

Waking up to find the crypto world in chaos, $THE is really going insane, only during the opening did the bullish sentiment hold strong, after that it has truly been flaccid all the way.

Just now, a piece of bad news broke out, that the early P2PK format of Bitcoin could leak the public key. First of all, this public key is quite ridiculous; anyone can see the public account information. The private key can be used to calculate the public key, but the public key cannot be used to calculate the private key. Is this bad news? It's just a pure scam to create panic in the market for new players.

Yesterday, many people suffered heavy losses because THE exploded; a friend's account, which was originally profitable, went to zero overnight. The impact is too great, and now they are already selecting new housing types.

The market is not panicking despite the significant drop. Looking back at previous years, there have always been sharp declines before Christmas and New Year's, as well as during the Lunar New Year period in the Asia region. The holidays and breaks will lead to mass sell-offs causing large-scale declines.

$BTC hasn't dropped much; compared to last Friday's drop, this time the downward sentiment has significantly eased. The data shows a secondary sell-off of bad news sentiment, and on the 18th, there's speculation about interest rate cuts, so there's no panic at all, just buying more and more.

This wave may cause some quality targets in the altcoin market to be washed out: $TIA FTT UNI CRV AVAX FTT

#加密市场回调 #1210超57万人爆仓 #MicroStrategy增持BTC

Benefit

The bull market has really started. Not only $BTC is back, but most of the altcoins have also taken off. One of the characteristics of a bull market is that it will cooperate with the market to pull up.

Not only BB, but also CKB, these are the tokens that have recently withdrawn from the positive and pulled up, so the next token to pull up must be...

It must be $XAI , because XAI recently launched the key #XAI小钥匙公售 to unlock the airdrop battle, and XAI has distributed tokens worth about $340 million this year. More than 12 top projects have provided dedicated allocations for small and OG Sentry Key Holders.

Xai is a permissionless Orbit chain that leverages the Arbitrum Nitro technology stack to bring an innovative, game-centric layer 3 to the gaming industry. Xai plans to add contract size support, account abstraction, and other features that are attractive to game developers.

As one of the most promising projects on the Arbitrum chain that was once launched on Binance Launchpool, the current activities are to promote the activity of the XAI network.

The role of the XAI small key is equivalent to NFT, which can be used to experience some games first to get higher rewards. This will be a pass to play games and get rewards on XAI. @XAI_GAMES

In preparation for the upcoming Tiny Sentry Key public sale, XAI will start a phased update next week on December 10. During this period, the following activities will be carried out:

· Disable the Sentry Key casting function.

· Airdrop an additional +99 for each Sentry Key already held.

· Automatically stake the airdropped Sentry Key to the pool where the current Sentry Key is located.

· Update the staking application and contract.

· During the update, Sentry Key will not be able to be staked or unstaken from the pool. This is to ensure that the airdrop and auto-staking process is executed correctly and to save users gas fees for staking airdrop keys.

This update is expected to have 3 hours of downtime, during which no challenges will occur.