The Development History of Inscription SATS in the Currency Circle
March 9: $SATS was deployed, with a total amount of 2100 trillion and a total of 21 million cards. At that time, I not only lamented who had such a big idea, but also 1:1 sats deployed such a behemoth. At that time, no one thought it would be defeated.
April 28: The first few deployment inscriptions have been completed, and SATS has been questioned by many users because the total supply is too large.
May 4th: SATS inscription progress 0.33%
May 9: SATS inscription progress 0.4%
May 11: oxbt is popular in the Brc20 ecosystem, with more currency-holding addresses than ordi, boosting the development of SATS
FTX May Be Soon to Repay Up to $16 Billion to Customers
In developments in the cryptocurrency industry, FTX, which declared bankruptcy in November 2022 under the leadership of convicted Sam Bankman-Fried, is expected to repay up to $16 billion to its customers.
Once this news is confirmed and repayment begins, it will have a significant impact on the prices of Big Cake, Second Cake and Solara.
According to cryptocurrency research firm Xremlin, much of this huge amount of cash is expected to flow back into the market and become a catalyst for growth. According to the agency Xremlin, the importance of this return was emphasized in a recent social media post, pointing out that $16 billion would be returned to previous FTX users.
Brothers, experts have predicted that if the big pancake reaches 100,000u within the year, it will become a reserve asset of the United States. Are you excited, surprised?
In the secondary spot market, whether engaging in short-term trading or long-term investment, the first step is to thoroughly understand the project's valuation. If you discuss whether you are optimistic or pessimistic without considering valuation, it’s like a building without a foundation—unstable and lacking real significance.
Imagine that no matter what type of asset you are buying, the best approach is to first compare it with other assets of the same category. Just like when you shop, you compare prices from different stores; investing requires you to see which option offers better value. If you find two similar items but with significantly different market expectations, you need to think critically and analyze the underlying factors to determine whether the price difference is worth the risk.
In other words, valuation acts as the 'stabilizing force' in investing, helping you maintain your footing and not be swayed by market fluctuations. On the other hand, blindly following trends without considering valuation is like walking with your eyes closed—you are bound to stumble eventually.
Therefore, before engaging in investments, it's best to benchmark against other targets in the same sector to have a clear understanding before deciding whether to take action. This approach not only reduces investment risks but also helps you discover truly valuable projects worth investing in. Do you all agree with this reasoning?
#RWA赛道 Brothers, the RWA stablecoin protocol Usual announced the completion of a new round of financing of US$1.5 million. With the election of Trump, institutional investors are full of confidence in the future of encryption. For RWA, which was popular before, it is still worthy of attention. You can pay attention to related projects and choose the right opportunity to enter.
Brothers, today's heat ranking, did you buy any of these? ① COW($0.4781,-5.89%) ② GRASS($3.07,-9.71%) ③ NEIRO($0.005099,7.71%) ④ ETH($3045.59,4.47%) ⑤ SOL($202.46,0.27%) COW main fund selling power is weak, net outflow in 24 hours is $12.3449 million, 24-hour transaction is $374 million, among which the main net outflow is $463.7 thousand #neiro #sol #eth
A Big Reveal on the Differences in Thinking Between Investors and Retail Traders in the Crypto Sphere
Investors vs. Retail Traders: A Big Reveal on the Differences in Thinking, Why Do You Always Earn Less and Lose More? 🤔💸 1. Investors: Carefully planning for three coins over a year, steady and solid; Retail Traders: Chaotically rushing into thirty coins in one day, in a flurry. Investors are like patient hunters, focusing on a few targets for a year, while retail traders are like headless flies, running around and trying various opportunities in one day, often ending in losses. 2. Investors: Concentrating firepower, deeply cultivating one coin; Retail Traders: Dispersed funds, hitting walls everywhere. Investors understand to concentrate their advantages and go all out for the next target. Retail traders, however, disperse their funds like scattering sesame seeds, flocking to wherever it's busy, ultimately catching nothing.
The BRC20 market will be initiated by the aunties. The new leading faction and the second leading Omega, unfortunately, I don't have any, it's still the aunties with their diamond hands, haha!
Big pancake reaches a new high. The three big fools of the pancake ecology are really not making any noise, while the memes from other chains are getting fiercer one after another. What's going on?
#以太分析 The momentum of Ethereum (ETH) continues to be strong, seemingly without signs of a pullback, while Bitcoin (BTC) is also steadily climbing and continuously reaching new highs. ETH is approaching the 3000 mark; although there has been some divergence in the short term today, the overall upward trend in the market remains evident. However, the current position does feel a bit awkward, as the rapid rise leaves many unsure of how to proceed.
Chasing the rise seems unwise, because if the market pulls back, the force could be quite severe. Shorting is also challenging, as the market continues to inch upward, constantly hitting new highs, leaving outside investors feeling quite passive.
Of course, going long is still a necessary option, but prudent investors need to patiently wait for a 4-hour level adjustment to occur. Only after the market experiences a significant pullback should we consider entering long positions in hopes of capturing new highs in the near term.
At the same time, we can attempt to short with a small position. Since going long requires waiting for a pullback, we can look for suitable opportunities to try shorting with a small position. Of course, the risks of shorting also exist, but these are unavoidable. If it goes wrong, it goes wrong; what’s important is to learn and summarize experiences from it.
Today, we need to closely monitor ETH's performance in the 3000~3060 resistance range. If the price can successfully break through this range, the upward trend in the market may be further solidified. However, if the price is blocked and falls back within this range, it may indicate that the market is about to face an adjustment.
In addition, we also need to pay attention to the daily level trends. If the daily level shifts from positive to negative, meaning the closing price is lower than the opening price, then we may need to consider shorting with a small position. Of course, this is just a potential signal and should be assessed in conjunction with other technical indicators and market trends.
In summary, in the current market environment, we need to maintain patience and calm. First, observe the market trends and changes, and then make decisions based on specific situations. Do not blindly chase rises or panic sell; instead, steadily grasp the opportunities and risks in the market.
Please note that the above analysis is for reference only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors need to bear the risks themselves and make decisions based on their risk tolerance and investment goals.
#每日币圈大事记 In the past 24 hours, the entire network has experienced liquidations of $211 million, with both long and short positions being affected Bitcoin surged to $77,199 early this morning, setting a new all-time high Some security will launch perpetual contracts for GRASS, DRIFT, and SWELL Flare and Hongzao Technology will trial stablecoin purchases for Chinese citizens in Hong Kong MANTRA has opened OM airdrop inquiries and announced airdrop details The SEC has once again delayed its decision on whether to approve a spot Ethereum ETF option Tether Treasury has minted an additional 1 billion USDT on Ethereum The president of The ETF Store: BlackRock's Bitcoin ETF assets have surpassed its gold ETF Paradigm transferred 11 million LD0 to Co.....se Prime 30 minutes ago
① ETH($2914.60, 3.14%) ② NEIRO($0.004733, 31.18%) ③ DOGE($0.1987, 3.60%) ④ CETUS($0.4180, 10.26%) ⑤ GRASS($3.39, 32.94%) The main funds for ETH have weak selling power, with a net outflow of $11.7191 million in the last 24 hours and a trading volume of $39.374 billion, of which the main net outflow is $4.55136 million. #grass #CETUS
#清算地图 According to C...ss data, if Bitcoin breaks through $78,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.543 billion. Conversely, if Bitcoin falls below $75,000, the cumulative long liquidation intensity on mainstream CEX will reach $814 million.
This can only serve as a reference; everyone should still follow their own plan.