All exchanges in the crypto world had EOS advertisements on the front page, and 99% of people in the crypto community bought EOS, with countless bloggers and media expressing optimism.
Many people firmly believed that EOS was Blockchain 3.0, and EOS would surely surpass Ethereum (what they really thought was that EOS was cheaper than Ethereum and that buying it would lead to gains).
At that time, even though EOS had just risen to $20, I confidently thought that this was the peak of EOS.
I sold all my EOS because I couldn't imagine a time more glorious than that day for EOS.
Moreover, the dealer had already sold all their stock.
Once the dealer ran out of stock, no matter how hard they tried, it was all for others' benefit.
It would be easier to start a new project instead.
Countless projects came to challenge Ethereum.
Countless projects aimed to surpass Ethereum.
To be honest, I still admire the Ethereum team.
Countless times of financial freedom, countless times to completely relax.
Yet they persisted in building for over a decade.
In the crypto world, 99% of projects would have collapsed and fled if they could satisfy their freedom.
There are not many people with true faith.
The main reason a project continues to build is simply that the stock hasn’t been sold out.
Get these four altcoins before the big bull market, targeting a return rate of 100%!
BTC and the US elections seem to have an unspoken synergy!
Why do I say that?
Every time a major election arrives, BTC seems to be activated and starts its spectacular performance.
Before the 2012 election, BTC's price plummeted by 75%, but after the election, it surged as if reborn, astonishing many investors.
In 2016, it was the same; BTC's price fell by 30% before the election, but after the election, it rebounded immediately, shaking the market.
By 2020, BTC became more subtle; the price slightly dropped before the election, but on the eve of the election, it began to rise and eventually soared to $60,000, leaving people astonished.
The short positions can consider taking partial profits now, while the overall short strategy can still be held; for long positions, if you are a staunch bull believer, then you can continue to gamble around 653 where there is support, this is the smart bull trading, rather than seeing 80,000 above 68 and then going long.
How will subsequent events develop and how will they affect cryptocurrencies?
1. Today is Saturday, the US stock market is closed, and the ETF is not trading. Will the conflicts intensify over the next two days, and will they affect the US stock market and Nikkei on Monday, and consequently the cryptocurrency trends?
2. The ETF remained in an inflow state yesterday, with an inflow of 5,884 units. From the perspective of Bitcoin alone, the downside will be limited, and if sudden conflict events occur again, it will still likely show pin bar trends, making it difficult to form a downtrend. JMDS10
3. The impact of war on Bitcoin is neither direct nor absolute. The main concern is the potential bubble in the US stock market; only a significant drop in the US stock market would negatively affect Bitcoin, for example, like the circuit breaker on March 12. Therefore, Bitcoin breaking through is only a matter of time, while altcoins are currently in a downturn again, requiring relatively cautious operations.
4. The elections will start on the 6th of next month, and interest rate cuts will be announced on the 7th. In the week before that, there may still be market movements, so there is a good chance to bottom out at the end of the month, with Bitcoin breaking 70,000 at the beginning of the month. However, the meme related to Trump has already suggested exiting early, and conservatively, the entire MEME sector peaked ten days ago. Generally, such clear positive news needs to be arranged a few months in advance, and exiting half to a month before the node is ideal, preferably during the peak excitement.
Is Polygon really going to die? POL price hits a new low in 2021
The price of Polygon’s POL token fell to its lowest level since 2021, hitting $0.34. The community raised concerns, is Polygon really in trouble? Notably, Polygon continues to shine in the NFT, DeFi, gaming, and real-world asset (RWA) space. With strong total value locked (TVL) highlighting its resilience, the blockchain is showing strength. Let’s take a closer look at what’s driving its success. Polygon ecosystem continues to grow despite sharp drop in token value Polygon has made great strides in the gaming space, with projects such as Hunter On-Chain attracting a large audience and consolidating its position in the blockchain gaming space. The DeFi space remains strong, with platforms such as AAVE contributing to a stable and impressive total locked value (TVL). The increase in active users in the gaming and DeFi sectors highlights the growing trust in their ecosystems and shows that their influence is expanding in various fields.
CATIZEN Launchpool launches the first phase of projects, invest in CATI to obtain ZIRCUIT (ZRC)
CATIZEN Launchpool will officially launch the first project - Zircuit (ZRC) on October 28, 2024. Zircuit is an AI-driven zero-knowledge L2 blockchain that is fully compatible with EVM. Its feature is the security mechanism at the Sequencer level, which can intercept malicious transactions through the internal AI system and provide a highly secure environment for assets. Currently, Zircuit has received investment from Binance Labs, with a total locked volume (TVL) of US$1.7 billion, and has launched a liquidity center program to encourage early participants and pledgers. Starting from 08:30 (UTC+8) on October 28, 2024, CATIZEN players and CATI holders can use CATIZEN BOT to stake CATI tokens and cat game assets above level 300 into the ZRC reward pool to receive ZRC returns. This CATI-ZRC staking event will last for 7 days.
10 Years Soaring 330 Times! Musk's Big Bet on DOGE! The Crazy Journey of Dogecoin Returns! Are Dogecoin Players Winning by Lying Down?
In the world of cryptocurrency, there is a token that attracts countless investors' attention with its unique charm and wild price fluctuations: Dogecoin (DOGE). Since its launch in 2013, Dogecoin's price increase has been miraculous, especially with the push from the world's richest man, Elon Musk. This token, originally seen as a 'joke,' has surprisingly become the focal point of market attention. Recently, with Musk and Trump's 'political marriage,' Dogecoin seems to be experiencing another wave of enthusiasm, driving the price surge.
a16z talks about GOAT: How the AI we funded became a multimillionaire with $50,000
a16z co-founder Marc Andreessen and Ben Horowitz discussed the intersection of artificial intelligence and crypto assets, specifically Truth Terminal, an autonomous chatbot developed by Andy. Marc accidentally provided the robot with $50,000 in Bitcoin funding, which inspired its ambition to launch a token, and eventually caused Memecoin "GOAT" to surge to a market value of $300 million. The podcast discussed how this phenomenon reflects the potential of community-driven systems and its impact on the future of digital assets. (Note: As of press time, GOAT's market value has reached 800 million)
The following is the original content (for easier reading and understanding, the original content has been reorganized):
In a new field, once the AI meme track stands firm The leaders and important targets will soar Don't gamble on a trend not forming; the downsides far outweigh the benefits.
Tugou is really exciting. The currency standard has increased by half, and the highest point of U standard has been cut in half. Is it a violent wash to pick up people or to sell and run away?
I will teach you a trick: I play Tugou before I decide to sell and delete the self-selection and never look at it. No matter how much JMDS10 rises, the cost is 5,000 dollars. You can do T and swing in the middle, but it is 5,000 dollars. Tell myself that I have never made a penny, so my mentality is much better.
Why does Grayscale keep increasing its FIL holdings? Is there really an opportunity in the future?
Grayscale's continued increase in FIL holdings may be based on the following reasons:
1. Value of the project itself: • Clear technological advantages: Filecoin is a decentralized storage network, and its core technology is innovative. Through a unique proof of replication and proof of spacetime mechanism, it effectively addresses many pain points of traditional cloud storage while ensuring data security and efficient storage. This technological advantage lays the foundation for its development in the data storage field and is highly attractive to investment institutions pursuing cutting-edge technology.
• Broad market demand: With the explosive growth of global data volume, the demand for efficient, secure, and low-cost data storage solutions is unprecedentedly strong. The Filecoin project aims to incentivize global storage providers to contribute idle hard drive space through blockchain technology, building a decentralized data storage network that perfectly meets this market demand. Its significant development potential in the data storage market is one of the key reasons Grayscale is optimistic about it.
DOGE soars 30,000 times in 10 years! Are Dogecoin players winning big?
In 2021, driven by Elon Musk's comments and a large following on social media, Dogecoin (DOGE) took the internet by storm. The price increase of this token is the largest among all assets in history: since its launch in 2013, the token has risen by over 33,000%. Who is investing in this project? How much have they earned? DOGE started trading in 2013, and it wasn't until early 2021 that the price fluctuated significantly, rising from a fraction of a cent to nearly $0.75 in just four months. This move marked an increase of over 13,000%. Currently, the price has dropped to around $0.14, with a market cap of about $20.8 billion.
Do not envy the wealthy individuals in the cryptocurrency sphere; their sacrifices are beyond your imagination.
Financial markets are all the same; in the cryptocurrency sphere, only a few truly make money. This is an objective law that cannot be changed. Whether now or in the future, the cryptocurrency sphere will remain as it is today, with only a few people making money. In doing anything, one must also pay attention to methods and approaches. There are several trading methods in the cryptocurrency sphere that have a higher probability of making money.
First, we talk about the probability of making money and the odds, which is to hold valuable coins. During a bear market, many newcomers overlook Bitcoin, thinking its price increase is too small.
However, in the cryptocurrency sphere, honestly holding coins yields returns that far exceed those of Buffett, with very high certainty, provided that one holds valuable coins and waits for a big cycle every four years.
Although Bitcoin has been declining these past two days the Bitcoin ETF still maintained a net inflow and it has been a large net inflow for a week in a row
BlackRock's Bitcoin holdings have exceeded 390,000 once BlackRock absorbs the liquidity in the exchange the singularity will come money and chips in the financial market are the key
The BTC ETF had a net outflow of about 79 million USD yesterday ETH ETF had a net inflow of about 11 million USD
The inflow and outflow of funds in the ETH ETF has no impact on ETH Hmm, it doesn't affect ETH's usual underperformance
《USDT Market Cap Surpasses $120 Billion: Contributions from Tron and Ethereum》
The market cap of USDT has now exceeded $120 billion, fully demonstrating its dominant position in the stablecoin sector.
In the past nine months, the market cap of USDT has grown by $28 billion, mainly benefiting from the trading volume support provided by Ethereum and Tron, with Tron accounting for over 70% of the trading share.
Despite the increasingly fierce competition in the stablecoin market, user activity for USDT on both the Ethereum and Tron networks remains vibrant.
Due to high Gas fees on Ethereum, some users are turning to Tron, as the latter can offer lower fees and faster transaction speeds.
Additionally, USDT has gained support on second-layer solutions such as Arbitrum and Optimism, further expanding its influence.
Although competitors like USDC lag slightly behind in market cap and trading volume, USDT still faces competitive challenges from other stablecoins.
Its future growth will depend on its ability to address regulatory challenges and maintain transparency, but for now, USDT's position in the stablecoin market remains solid.
Tap Protocol launches token $TAP tomorrow! How does the TRAC system unleash the potential of the Bitcoin ecosystem?
With the development of the Bitcoin ecosystem, the limitations of asset storage and trading functions are gradually becoming apparent, especially in comparison with other blockchains, where Bitcoin's development in expanding applications and smart contracts is relatively slow. Therefore, to enhance the practicality and functionality of the Bitcoin ecosystem, many projects are beginning to explore how to realize more diverse application scenarios on the Bitcoin blockchain. Introduction to Tap Protocol To address this issue, Tap Protocol was born as an innovative solution, built directly on top of the Bitcoin network, aiming to expand Bitcoin's functionality beyond traditional transaction use.
Meme is more about finding teammates than VC coins.
Below 10M, it depends on fate. Above 10M and below 100M, look for Cabal. Above 100M, look for consensus.
1. Sol's AI Meme gang, Goat is the big brother, and the continuous high-intensity wash has continuously raised the upper limit and reached a consensus. Gnon is Cebal, the circle is very good but the wash is not enough. Act, Gmika, and Shegen are still trying to find their own Cabal.
2. Murad's Cult Corps, Spx has reached a consensus, Bitcoin is abstract enough to have a consensus, and the others are still struggling.
3. Bsc's strong dealer group, Cat's consensus is DWF+Floki, and the main battlefield of DWF is listed on Binance Contract. Cheems relies on Christian's unlimited bullets and good reputation.
4. Base's new forces, Brett and Aero's consensus is the consensus brought by the strong ecological niche, and Virtual and Luna are the Cabals of Southeast Asian KOLs.
There are differences in the gameplay cycle, but the core remains unchanged. The Cabal Group of the new era is no different from the VC of the old era. In the era of big meme, who will be the Paradigm of the new era?
For the veterans in the crypto world, the big money still comes from altcoins. They can hold long and dare to invest heavily. If the timing of the purchase is wrong, they can still buy time for space, allowing for a high margin of error.
Meme coins are still suitable for newcomers to PVP. Buying 100U, if it rises ten times to 1000U, you feel great, and the future looks promising; if it rises a hundred times to 10000U, you feel like you can fly immediately.
Both the veterans and the new players in the crypto world have a bright future.
In the crypto world, don't be envious of how much profit others make or how many times they earn; focus on your own trading. Accumulate enough capital. Don't compare, don't be jealous! Just like Zhang San, who only took two dollars given by his family when he went out; he bought gloves with his own efforts to work on a construction site and earned 160 yuan in a day, which is already 80 times his initial capital! Now look, when drinking, others drink Moutai while we drink Erguotou, but the feeling of being tipsy is the same. When traveling, others sit in business class on the high-speed train while we sit in second class, but we arrive at the same time! It's the same in trading; even if everyone buys at the bottom, the profits may differ, but that doesn't mean our trades lack value. Don't envy others' stylish leather shoes; who knows if they have fungal toenails or athlete's foot—one infection can lead to two! 😄
Life is short, why should we desperately chase after others' footsteps? We should focus more on our own trading and concentrate on our growth and progress.
Targeted + heavy positions The trap of targeted: thinking you are targeted, seeing the trend but it changes suddenly, etc. The trap of heavy positions: unscientific position management, untimely dynamic observation, etc.
However, continuously cultivating the ability to target and continuously optimizing position management is a way to obtain large returns.