Binance is about to list COW and Cetus, with both tokens instantly surging over 80%. The universe's largest exchange is not to be underestimated... Previously, we discussed the TOP DEX-#Cetus on #sui , and now the valuation has risen to another level. Let's briefly talk about this little bull #COW .

CoW Protocol is a DEX aggregator that features MEV protection for trades. The CoW Protocol matches trades through batch auctions from various on-chain liquidity sources. It can provide users with better prices and save a significant amount of funds in gas fee optimization and liquidity provider fees. In simple terms, it's a Uni clone focused on ETH chain swaps, with subsequent businesses like AMM and LP mostly following in the footsteps of predecessors, showing little innovation.

Let's take a look at the valuation situation after today's token price increase. The current price of #COW is 0.44, with a market cap of 41 million, FDV of 440 million, and 9% unlocked.

What do you think about this valuation? It might be another target that everyone goes crazy making money on after listing?

New tokens carry risks; profits are yours to take and losses are yours to bear. #DYOR

New Release - #BBQ Let's have a simple chat.

BBQCoin is an innovative project based on the TON blockchain, integrating GameFi, blockchain, and AI technology. It combines elements of GameFi, Tokenomics, SocialFi, and DAO. In simple terms, it's another TG dot dot dot game (aggregation), and as for the innovation, at least this project looks quite appetizing.

Looking at the data, TG shows a monthly active user count of 2.5 million, and several accompanying mini-games have user counts in the hundreds of thousands. It seems there's still a slight gap compared to the tens of millions of data from previous TG games. However, at least they've issued tokens, so the project team has something to work with!

Regarding the tokens, #BBQ has a total issuance of 50 million, with 70% unlocked. Calculating at a price of $0.03, the current market cap is $11.84 million, and the FDV is $17 million. After a round of dot dot dot games bombardment, everyone seems to be a bit numb to these kinds of projects. What do you think about this valuation?

New coins carry risks; profits are self-taken, and losses are borne by oneself. #DYOR

The most popular project these days is #Grass , right? How popular is it? Rootdata data shows that Grass has dominated the list these two days, and the top ten hot projects are also Depin-like projects. Those who missed this wave of grass don’t want to miss the next one. . Let’s talk about it briefly.

Grass is a decentralized data layer built for artificial intelligence. It enables users to share their Internet bandwidth and obtain verifiable network data through a distributed network, allowing users to profit from Internet connections by selling unused network resources. In short, infrastructure Depin+AI projects, what everyone often calls idle mining, are this thing. You can open a browser and install a plug-in to start it. This should be the biggest hair this year? You can get more than 100 dollars by just hanging up for a few months, and it is not a problem for those who are good at playing to get thousands of dollars. Grass has opened the first round of airdrops, and the second round can be mined. Share link: https://app.getgrass.io/register/?referralCode=x3ozw7JjtPN1lK1

As a project that was valued at 1 billion US dollars before going online, the pre-market price of 1 US dollar has been anchored for a long time. Shorting new coins has been a magic weapon for many friends to get rich, and they never get tired of trying! However, those who have been shorting grass these days have all been covered with grass. I just gave everyone a big one. . Look at this terrifying K-line. I heard that someone was shorted 2X and got exploded. . The 200 US dollars I made are almost gone. It really goes where the hair comes from.

Look at the current valuation, 390 million, FDV1.6 billion, unlocked 24%. The current coin price is 1.6 US dollars. I personally feel that it is completely the courage given by the AI ​​style. There is a bit of FOMO emotion in it. When the heat fades, it will be exposed, so continue to short TM! I don't feel bad for getting the free money!

New coins are risky, you will take your own profits and bear your own losses. #DYOR

See a new contract - #VIRTUAL Let's chat a bit. @virtuals_io
Virtuals Protocol is a decentralized factory that creates various AI characters for different virtual worlds (such as games or online spaces) that can respond through text, voice, and actions. Virtual Protocol provides incentives for the decentralized creation and monetization of AI characters for every virtual interaction (games, metaverse, online interactions, or others).

Coming from Indonesia, this project has many tags - metaverse, Gamefi, AI, all of which are somewhat outdated, but AI is currently popular, with layouts on both ETH and Base chains.

Fortunately, it has issued tokens and can finally start rolling out. According to Rootdata, this entity casts a wide net and has invested in dozens of projects (mostly games), meme gameplay? Who knows, maybe you'll stumble upon a golden dog🤑

I checked the official website, which showcases many screenshots of community-created parts, with an AI game style that is quite anime-like. Friends who are interested can participate. Its native token $VIRTUAL, besides some common basic functions - trading, governance, has an interesting staking point: you can choose virtual characters to stake in the Virtual system; the more tokens in the pool, the more development resources around that character, and the higher the returns. This encourages creators and allows token holders to review (vote to stake) these contents while also earning rewards. If other Dapps use Virtual's technology and AI characters to develop games, everyone might receive a token airdrop from that game, as they hold Virtual.

In terms of market value, the total issuance of 1 billion $VIRTUAL, at the current price of 0.38, is 380 million dollars, which has risen 16%+ today... Interested friends can act according to their capacity.

New coins come with risks, profits are yours to take, losses are yours to bear. #DYOR

Bored browsing Rootdata, an old project has surged to the top of the hot search, #KAIA , let’s briefly chat about @Kaia Chain

Kaia is a high-performance public chain that enables hundreds of millions of users in Asia to easily access Web3. It is derived from the merger of Klaytn developed by Kakao and Finschia developed by LINE, and is integrated with the KakaoTalk and LINE instant messaging applications, both of which have over 250 million user bases. All users can experience Web3 through the convenience and speed of Web2 in the applications they are already familiar with and love, allowing them to connect, create, collaborate, and contribute to the ecosystem. In simple terms, the Simi-Da team, the communication giants Kakao and Line's partnership launched this L1 public chain, isn’t the slogan of being the gateway to Web3 in Asia a bit dismissive of Dongda? Sorry, Dongda has no Web3...

Looking at the project progress, it started in 2019, with a bumpy road, and finally launched the token yesterday, it still has quite a reputation, being listed on major exchanges, with some opening contracts.

According to DefiLama data, the current on-chain TVL is 57 million, with nearly 50 projects including Leading, LS, DEX, etc., at least it seems to be more than #Sui, but there aren’t any standout projects or innovative content.

At the current price of 0.14 dollars for the #KAIA token, the total market value is 826 million, fully unlocked, the new token on the exchange doesn’t have other coins/meme fluctuations, the market may need to observe more before reaching a consensus on valuation. But personally, I think the frenzy of Crypto in the Simi-Da market, if it really can become the Web3 gateway in Asia, isn’t this valuation too undervalued? Maybe when it gets listed on Upbit, everyone will truly realize the horror of Simi-Da!

New token has risks, profits are self-earned, and losses are borne by oneself. #DYOR

Looking at #SOL , it has been hot for more than half a month and it feels like it's not over yet. If the performance of the big cake doesn’t drop in the next two weeks, it is completely possible for SOL to hit the early high of $210! Let’s briefly talk about a top project on SOL - #Raydium #RAY

Raydium is an automated market maker (AMM) platform built on Solana, where users can trade and provide liquidity to earn returns on digital assets. Simply put, Raydium is a product that benchmarks Uniswap, in the DEX and Defi track.

According to DefiLama data, Raydium's overall TVL has reached 1.4 billion, benefiting from SOL's continued popularity, with a TVL increase of over 30% in the past week, rapidly developing alongside SOL's momentum.

I checked the official website, which is very simple. The two major operations SWAP + POOLS are quite smooth. Recently, there have been many new coins and memes on SOL, and quite a few have been listed, with #GOAT and #Grass being very popular, with a 24-hour APR of over 999% in their liquidity pools, and some even yielding more than 30% in a single day, which is quite attractive. As a product benchmarking Uni, the first-mover advantage determines the leading position, but the innovation is not very apparent.

The token #RAY started to surge from mid-October, with an increase of over 100%, and is currently slightly adjusted, with a valuation of 820 million, FDV of 1.7 billion, and 47% unlocked. It performs much better than SOL, but the overall trend still depends on SOL's performance; if one flourishes, all flourish; if one suffers, all suffer.

RAY is available in all major exchanges for spot and contracts, so those who want to invest should do so within their means. #DYOR

How to avoid liquidation, if you are unfortunate enough to encounter it, I will teach you how to deal with it

Don't be afraid of ten thousand, just be afraid of one, it is good to learn more.

We all know that opportunities and risks coexist. Many novices play contracts as soon as they come in. Due to the "novice effect", they may have made a few waves, but their cognition is limited. When the liquidation occurs, they don't react to what happened and it's gone. To put it bluntly, not only novices, but many veterans are also inevitably faced with liquidation.

Liquidation means that the investment is lost, and there is no principal left, and it is directly kicked out by the system. The worst case may be that the principal is gone and there is debt.

So how to prevent liquidation?

First, don't play too crazy with leverage. High leverage can make a lot of money with a small amount of leverage, but the risk is also doubled. People with high leverage have too many chances of liquidation. Assess what kind of risk you can bear.

Second, the stop loss must be set well. The market is unpredictable. If the direction is wrong, you will lose a lot without a stop loss. Stop loss should be combined with your position and operation. Both technical stop loss and capital stop loss should be used.

Third, learn more and practice more. Read books, take classes, analyze cases, learn lessons from actual combat, and improve strategies.

Fourth, find a reliable platform. The platform must have a good reputation, strict supervision, and a wide range of trading products. Don't touch those small platforms with lax supervision and poor reputation. #BTC

Here is another meme on Sui--#FUD
To the Moon

I was bored and found this by accident when browsing the Cetus pool. Compared with $Blub, which vowed to make the first charge of 100 million market value, I feel that this product is more competitive. Of course, meme coins all know.
The official data is similar, but the number of holders is twice as much. The data of Cetus pool transactions is also similar, but the APR is 10 times different. It is the first choice for opening a pool later.

Strong daily K, following Sui market, it has risen by 200% in the past two weeks.

The current market value is 23 million, FDV53 million, and the circulation volume is about 50%. A very key point is that in addition to supporting exchange on CEX, this product is listed on MEXC and bitget, with FUD/USDT trading pairs, which is very friendly to novices. If Blub can also be listed later, there will be a show to watch! Fighting for the first meme of Sui chain, the local dog people who carry the sedan chair are happy, go!

There are great risks in dog trading, and you have to take your own risks to make the profit.

ORDI’s trading volume has increased significantly, hinting at a possible breakout. Trading volume surged 98.17% to $166 million, and price recovered 15.40%. Despite the recent bearish trend, the daily chart shows a falling wedge pattern, which is usually a bullish sign. It is currently trading at $30.11, up 43% in 8 days. Key technical indicators such as MACD indicate that a bullish reversal is imminent. The market capitalization is US$632 million. For continued bullishness, ORDI must break above significant resistance levels at $34, $44, $52, $61, and $70. However, it faces potential support at $26, $17, and $9.

Cover theory: The popularity of this coin can be seen in the options market. . If someone pays attention, it will gain popularity! #ORDI

In a recent high-profile interview between Donald Trump and Elon Musk, the conversation conspicuously avoided the topic of cryptocurrency. While Musk is a well-known figure in the crypto space, Trump steered the discussion toward topics such as illegal immigration, the economy, artificial intelligence, global warming, space exploration, social media and economic policy. This avoidance is particularly notable given Trump’s significant influence and his previous critical remarks on Bitcoin. The interview attracted more than a million listeners, but Musk said it was exaggerated due to delays in distributed denial-of-service attacks. Despite cryptocurrency’s growing importance as an election issue, it was not mentioned in this interview, which may indicate Trump’s strategic avoidance or disinterest in the subject.

Comment: There is no crypto content that the market pays attention to, and two actors are cheating! #BTC

El Salvador has received a major $1.6 billion investment from Turkish company Yilport, aimed at upgrading port infrastructure and advancing the construction of Bitcoin City. This comes after the Bitcoin Bond issuance was delayed and finally approved by the Digital Asset Commission (CNAD) at the end of 2022. President Bugelei confirmed the details of the investment, emphasizing the upgrading of the ports of Acajutla and La Union, the latter of which has also been designated as a future Bitcoin City, aimed at attracting foreign investment and implementing zero income tax, capital gains tax, property tax, wage tax and municipal service tax. The investment is part of the agreement reached during Bugelei's visit to Turkey in 2022, and Yilport will jointly manage the two ports with the Salvadoran National Port Authority (CEPA) for 50 years. Despite initial setbacks, the new funds have breathed life into the Bitcoin City project and strengthened El Salvador's commitment to Bitcoin, with the country currently holding 5,840.76 Bitcoins, worth approximately $345 million.

Gai Lun: Bitcoin City, let's go!

Over the past week, Sui (SUI) has experienced a significant 83% price increase, rising from $0.50 on August 5 to $0.95 and currently trading at $0.94. Several factors driving SUI’s surge include support from high-profile names, heavy off-market bidding, strength in holding despite large amounts of tokens being unlocked, and recent technology upgrades. In addition, Grayscale launched the Grayscale Sui Trust on August 7 to provide institutional support. This growth has pushed its market capitalization to over $2.4 billion, making it the 30th largest crypto asset, with a daily trading volume of approximately $400 million. However, market data shows that short positions are now dominant, suggesting traders are anticipating a pullback in prices.

Cover theory: Only when the price rises or falls a lot will people pay attention! Meme marketing is worth learning from many projects.

Recent investigations suggest that around 70% of Solana’s trading may be driven by bots, raising doubts about the authenticity of its trading volumes. Earlier research from Flip Research suggested the presence of inorganic activity, but PANews’ new report highlights rampant bot activity, inflated transaction volumes, and MEV exploitation, resulting in undetermined financial losses. While Solana’s on-chain data shows growth, much of it may be artificial, with user engagement on par with the Ethereum L2 network. The Solana Foundation did not disclose its financial holdings, increasing scrutiny. Bot trading significantly affects the trading experience of real users, especially in new token and meme token trading, while validators benefit from increased MEV activity fees. Additionally, potential regulatory changes like the SEC’s revised Binance complaint could impact Solana’s market position.

Commentary: Some people say that SOL is the next luna. To be honest, this news is not groundless and should be taken seriously. .

Ethereum price recently recovered 25% from the low of $2,100. Previously, it fell after reaching the $3,500 resistance level and fell below the 200-day moving average, testing the $2,200 support level. While market participants are optimistic that Ethereum will break through the $2,800 resistance level and possibly reach $3,000, a potential supply surge could hinder this progress. Validators are expected to withdraw 143,000 ETH, worth nearly $350 million, and an additional 212,000 ETH will also be available for trading soon. Historically, such unlocking events have often led to price pullbacks. Despite these potential challenges, the overall sentiment remains bullish if Ethereum maintains its recovery momentum.

Gai Lun: If you bought ETH and others bought BTC, you will be in a bad mood. 。

Cryptocurrency analysts Altcoin Sherpa and Alan Santana have made optimistic predictions for Dogecoin (DOGE). Altcoin Sherpa believes that DOGE has "completely bottomed out" and could see a significant rise, although not to the level of the 2021 bull run. He also highlighted the potential impact of supporters like Elon Musk. Meanwhile, Alan Santana predicts that DOGE will surge, estimating that its price will increase by 2,500% to $2.55 by 2025. Santana stressed the importance of buying when market activity is low and holding until 2025, noting the cyclical nature of the market. Currently, DOGE is trading at around $0.10, up more than 4% in the past 24 hours.

Gai Lun: Come on, Dogecoin, bragging doesn't cost money anyway, buying coins does.

Bitcoin is approaching a death cross, a bearish signal that occurs when the 50-day simple moving average (SMA) crosses below the 200-day SMA. These two important averages are around $61,998 and $91,882, respectively. Ali, a well-known analyst, suggests that if Bitcoin falls below the $56,800 support level, it could drop to $54,500, but a close above $58,000 would negate this bearish pattern. Trader Benjamin Cowen similarly noted that turning $62,000 into support could avoid the severe price declines that have historically been associated with this pattern. Historical data shows mixed results; while the death cross in 2023 preceded gains, similar events in 2019, 2021, and 2022 resulted in losses. The Federal Reserve's interest rate policy may also affect Bitcoin's trend. Currently hovering around $62,775, Bitcoin is seeing a slow recovery in interest in the futures market opening, viewing $62,000 as a key resistance level, with major support levels near $50,000.

Gai Lun: It is true that the point around 62,000 is a battleground for strategists!

Bitcoin prices surged to $61,000 amid wild market volatility, leading to the liquidation of about $229 million in crypto derivatives trades, including $168 million in short position liquidations. The uptrend was partly driven by Japan's new interest rate policy, which affected market sentiment and exchange rates. The cryptocurrency market's rebound is similar to the performance of the stock market (particularly the NASDAQ100 index), which has also shown a similar recovery pattern after recent recession fears. Although the current market instability poses challenges to traders, the recovery of the cryptocurrency and stock markets shows potential resilience. The article advises investors to make their own decisions and not to regard the content as investment advice.

Gai Lun: Not only that, it has rushed to 62,700 without looking back, almost 7,000 points. I am one of those who have been liquidated and stopped out, which is very sad.

Dogecoin Core version 1.14.8 has been officially released, bringing significant improvements to network stability, efficiency, and security. Major updates include reduced peer INV object count, enhanced transaction request tracking system, and optimized orphan transaction handling. Additionally, the traffic of getheaders messages has been reduced and difficulty adjustment error reporting has been improved. The upgrade also includes multiple dependency upgrades to ensure running on safe libraries and support compilation with the updated C++ standard. This update aims to simplify node resource allocation and improve overall network performance, while addressing previous vulnerabilities and fixing the CI system and TxRequestTracker. DOGE is currently trading at $0.10134.

Cover theory: If you hold it in your mouth, it will be more stable when it becomes a valuable currency.