Dogwifhat (WIF) is regarded as the representative of "blue chip Meme". A group of investors, including CABAL influencer Ansem, raised $700,000 with plans to put its ads on the Sphere giant screen in Las Vegas. However, eight months later, this plan has still not been realized, and even Bitcoin has rushed to the Sphere. As time goes by, investors have become more and more skeptical of money managers. #dogwifhat #WIF
Main Growth Driver of Solana: DeFi Sector Dominates, Meme Ecosystem Surges Over 300 Times
According to statistics, 83.7% of Solana ecosystem protocol revenue comes from the DeFi sector; in contrast, wallet-related protocol revenue accounts for 9.6%; infrastructure-related project revenue accounts for 3.4%; NFT sector revenue accounts for only 2.2%; the gaming sector revenue is even less, accounting for just 0.9%; the least are the payment sector and DePIN sector, accounting for less than 1%.
From another perspective, there is still a lot of market space in the Solana ecosystem, with significant potential for the gaming sector, payment sector, and DePIN sector.
In the dominant DeFi sector of the Solana ecosystem, the revenue share of Meme coins and protocols supporting Meme coins is the largest, with annual revenue reaching 509 million dollars; closely following are the Telegram Bot sector, with an annual revenue of 300 million dollars; spot DEX ranks third, with an annual revenue of 141 million dollars. It is worth mentioning that the monthly revenue of DApps related to Meme coins grew from 600,000 dollars in January to 183 million dollars in November, achieving a growth multiple of 305 times, making it a 'wonder of the industry'.
According to Look On Chain monitoring, as the market declines, the cryptocurrency assets recently purchased by Trump's World Liberty, including ETH, WBTC, AAVE, LINK, ENA, and ONDO, have all fallen into losses, accumulating a total loss of 6.15 million dollars. Among these, the largest loss comes from ETH, with a loss amount reaching 4.86 million dollars.
On the 16th, I briefly mentioned that we really can't trust these news reports; the deliberate hype leads to visible losses, but what about other hidden tactics? It's hard to see through politicians.
First, control the maximum stop-loss amount for each order. Assuming you have 10,000 units divided into 50 parts, the maximum stop-loss amount for each order is 10,000/50=200 units. If you open a long position at a price of 1000, the stop-loss price is 950. The maximum you can buy is 1000-950=50 price difference, which is 200/50=4 units. In a loss situation, the stop-loss is 200 units. This is a complete position: one-quarter = 4/4 = 1 unit, half position = 4/2 = 2 units.
When placing orders, prioritize risk over profit. Improve capital utilization. I have pondered this method for a long time, and I would like to know other coin friends' insights on how to better utilize funds to avoid incurring more silent costs and mental effort! #市场调整後的机会? #加密市场盘整 #圣诞行情预测
Good Advice Record One thing I've gradually come to understand is that when you sell at a point that can change your life, you gain a benefit that cannot be measured in money: a permanent improvement in your life and the lives of those around you. Imagine being able to immediately improve your life situation by clicking 'Sell'. It's wonderful! If you have such an opportunity, I strongly suggest you seize it.
I know how tempting it is to wait for the best selling opportunity: believing that if you just hold on a little longer, you can gain more profit. But the truth is: the best timing is just an illusion. The most successful traders I know didn’t achieve their current success by perfectly timing every peak; they succeeded through continuous profit-taking and maintaining liquidity. They understood early on that turning sales into cash is a necessary condition for survival in this game.
I often think about what reaching 'escape velocity' means: that is, your financial situation allows you to take calculated risks without jeopardizing your life stability. Once you reach that level, then you can truly start playing the game and give it your all.
I understand what Fiskantes said above. Once you've deposited life-changing money in the bank or invested in real estate, you can easily participate in the market. What do I mean by 'easily'? Well, I'm not saying it's easier to make money; I'm saying your mindset is more relaxed. You can make better decisions calmly, allowing trades to come to you. And even if you lose, you won’t lose everything because you already have a safety net. As Fiskantes said: 'The real fun starts from here.' In this sense, this cycle is more interesting to me. If everything goes to zero, at least I still have a secure fallback. That said, some people work more efficiently under greater pressure, but I believe that’s not the case for most people. #加密市场回调 $BTC
Techub News: According to Yu Jin Monitoring, the Trump family's cryptocurrency project World Liberty Financial (WLFI) purchased 509,954 ENA. Since November 30, WLFI's multi-signature address has also acquired 4 other tokens, including 8,105 Ethereum, 102.9 cbBTC, 78,387 LINK, 5,885 AAVE, and 509,954 ENA.
Only family members, the source intentionally conveyed that I would deliberately avoid these few coins. A company that is astute in its calculations can suffice with a 30% profit to align with its investment strategy; it might just be inflating one coin and supporting a few mainstream ones. Seeing some people mindlessly extolling it in the plaza article makes me reflect on whether these are truly promoters. #比特币战略储备 #BTC重回关键位置后走势 #DeFi全线飙升
In the stock market, a year is like a day in the crypto world. For ordinary people, the simplest way to turn their fortunes around is through stocks. Picking good stocks with future potential can help assets resist inflation and double in value. By continuing to invest in other stocks two or three times, one can hope to live a stable life within ten years.
However, the crypto world is highly volatile. When entering, one might face a halving in value, and I ended up becoming a 'loser', starting small-scale plans. If the market drops, I sell; if it rises, I take profits. Earning 1000 USD per month might suffice for living, but that only exists in a bull market. In previous bear markets, it might take half a year to earn 500 USD. As 2024 approaches its end, looking back, the crypto realm has never lacked bold individuals. It’s about whether one can grasp the high points and make it to the end. Mindset is crucial; once FOMO traps the heart, opportunities are missed. Time, energy, and emotions are consumed in this. Sometimes I think of those who failed and left the crypto space in previous years, gradually developing their lives in other ways, becoming down-to-earth honest individuals. I've encountered successful individuals who left at the right time, pursuing studies and traveling the world without worries. I've also met those who treat Bitcoin like stocks, investing regularly and gradually living more comfortably, taking control of their lives.
Perhaps I only see the good, and I'm grateful I can still survive in the crypto world. Is this what they call pointless lamenting? It just feels very indecisive. There’s a sense of ethereality, burning through the resources of the mountain, continuously consuming the firewood from the green hills. On regular days, I manage my daily rhythm well, eating, drinking, exercising, and learning new things. But this unrelieved emotion becomes increasingly profound. Under magnification, it leads to a gambling impulse, wanting to gain more profits to escape the current situation, but it’s precisely this deepened emotion that intensifies FOMO.
I think I’m just a hopeless gambler, unable to perish, addicted to the dopamine of numbers. #fomo
Solana AI agent project I really can’t see the trend when it comes to AI. On the other hand, ACT and GOAT can see speculation. After all, the trading volume and popularity are there, but I think when I can see the value and trend Did you just miss it? , do any currency friends have a few words to comment~ #AI幣 #solana生态 #ACT🔥🔥🔥 #GOAT💥💥💥
This chart is often compared whenever there is a surge; I used to find it funny as a meme, but after experiencing the tail end of a bull market several times, the opportunities are actually quite limited. How many bull markets can we have in ten years? How many chances for capital reversal? How many decades does a person have in their life? And how many years are there to accumulate capital? Just thinking about it frustrates me... I am just an Ethereum masseur, helping other coin friends relieve their minds a bit.
Key Analysis for Successful Cryptocurrency Trading A Brief Discussion on How Those Who Turned Their Investments Around Did It?
Many successful cases of turning investments around show that investors were able to double their investments in a short period or earn tens of thousands of dollars through small investments. These individuals used various methods. Early adoption and vision: Investors like the Winklevoss twins were able to see the potential of cryptocurrency before it became mainstream, leading to their success. This indicates that having insight and sharpness to identify potential opportunities early is crucial.
Some people became rich quickly through small investments, such as an investor who made $8 million in just six days by investing 0.1 ETH in the meme coin “Keyboard Cat” (KEYCAT). Such success is sometimes viewed as luck, but seizing the opportunity is also the key to their victory.
Vitalik Buterin established platforms like Ethereum, which brought him wealth and propelled the entire blockchain industry forward. Innovation and entrepreneurial spirit drive success.
Silly Dragon (SILLY) Trade: An investor purchased about 43.1 million SILLY tokens in 2023 for 1 Solana (worth about $62 at the time). As the coin skyrocketed, he sold part of his tokens, earning about $528,000 in returns. This investor still holds some tokens, with unrealized gains exceeding $1.5 million.
Mytheria (MYRA) Investment: Another investor bought 61.8 million MYRA tokens for 3 SOL (about $287) in 2024. As the coin began to appreciate rapidly, he quickly sold some tokens, earning $170,000 in just one day.
Shiba Inu (SHIB) Success Cases: Some investors made significant profits by purchasing small amounts of SHIB tokens early on. As the market hype for this coin grew, their returns increased rapidly. While not the millions of profits seen by others, many achieved tens of thousands of dollars in returns from initial investments of just a few hundred dollars.
In summary, entering early, having a spirit of adventure, perseverance, and continuous innovation, accompanied by significant risks, show that small investors who seize opportunities through short-term trading or early investments can quickly accumulate wealth, enduring the high risks and high returns of meme coins and emerging tokens.
In July, October, and November, Solana's trading volume surpassed Ethereum, gradually being caught up by its own Layer 2 chain, Base. In November, Solana's trading volume approached $130 billion, Ethereum reached $70.6 billion, while Base was at $45.76 billion. In the competition for funds in L2, Uniswap accounted for nearly 80% of Ethereum's trading volume. Institutions estimate that validators on Ethereum will lose about $400 million to $500 million annually.
I see him building his grand tower, I see him hosting his guests, I see his tower collapse; this is my concern for ETH.
The increases in the cryptocurrency market during each bull market are often astonishing. Here are some specific examples that open up the perspective: CHZ: From February to March 2021, increased 30 times in one month. BNB: In February 2021, increased 8 times in 20 days. DOT: From January to February 2021, increased 8 times in two months. SUSHI: In January 2021, increased 6 times in one month. AAVE: In January 2021, increased 6 times in one month. HOT: From February to March 2021, increased 35 times in two months. JOE: In August 2021, increased 60 times in two weeks. DOGE: In January 2021, rose nearly 10 times in one day, already worth billions of dollars at that time. THETA: Market cap rose from 1 billion dollars to 12 billion dollars in 3 months. RUNE: Market cap increased from 200 million dollars to nearly 5 billion dollars in 5 months. FIL: Once reached nearly 400 billion dollars in FDV (Fully Diluted Valuation). ICP: Had a FDV of up to 250 billion dollars at launch. AXS: Market cap rose from 200 million dollars to 10 billion dollars in just 5 months; peak FDV was 43 billion dollars. GALA: In 2021, market cap increased from 5 million dollars to 5.4 billion dollars. TEL: Market cap rose from 10 million dollars to 3 billion dollars (300 times) in just 5 months.
Bull Market by the End of 2024, Welcoming Next Year's Staking Outlook
The impact of staking unlock on the market depends on multiple factors. Positive Factors 1. Increased Liquidity - After unlocking, previously locked tokens can be traded, which will enhance overall liquidity for the market and help improve the trading environment. 2. Increased Confidence - If the staking unlock is successfully completed, investors may develop greater trust in the project's technology and operational capabilities, further attracting new participants. 3. Re-staking - Some users may continue to stake after the unlock, especially if the staking yield remains attractive, which will reduce the selling pressure flowing into the market.
The main purpose of the Binance Square is to remind myself that despite being confident in my speech, I am unable to execute it and impulsively entered the market, regretting it~ Thinking of what Buffett said, inaction is a form of wisdom, but I just lack patience, and the money in my pocket is transferred to those who are patient.
There are 21 hours left until December 3rd. Forecast analysis suggests that the ETH support price is at $3540 in a fluctuating range. If it can reach this level and consolidate before buying, and if there are significant sell-offs that bring the price down to a low of $3460, we can continue to average down our purchases. It is estimated that there could be a rebound of 150 points to sell for profit, but if a sharp decline occurs, trading should be paused and we should observe, waiting for the second leg.
The speculative component is extremely high; this is for believers of 'Second Brother' to get on board, for reference only! #ETH持续飙升 #ETH🔥🔥🔥🔥 #山寨季來了?
Do not view pessimistically, do not move forward with negativity Do not indulge in the pursuit of profit Do not fear the idea of stopping losses Entering the crypto world is truly about self-cultivation and learning patience.
After reading too many square articles, I always feel that no one understands everything that is happening in this market. If someone claims to know something, he or she is lying. As the price of tokens rises, people will pay more and more attention, and this attention will subsequently be converted into purchasing power. Therefore, the more the price rises, the more people's attention will be focused on the potential for subsequent returns, but generally speaking, the later we enter the "attention cycle", the worse the position we are in. Selling in a bear market is caused by panic and fear of selling, but it becomes relatively difficult to leave the market in a bull market. Sometimes they will hate you if they think they sold too early, but they will still thank you later.
They also need to be careful, if they choose to take profits and then be tempted to enter the market again and reinvest these profits, if the market continues to rise, it will become FOMO - usually this idea will lead to adverse consequences.
Because if the market suddenly crashes, they may end up finding that they have to pay more taxes on their realized gains than they end up with in the assets they have as assets plummet (which happens often).
Market notes, recording the mood of the currency world
The ultimate goal of the bull market: to develop a sense of satisfaction and learn to exit at a profit. Now, we are entering a phase in the crypto market cycle where rational thinking becomes increasingly difficult. If you have already made a large profit, you may think that the market will rise two or three times more; if you are just recovering from the highs of 2021, you will convince yourself that this breakthrough is what you have been waiting for all year. Opportunities; if your performance is not as good as the market, you will feel strong FOMO (fear of missing out) and frustration, and even dare not quit. Underlying all of this is the same thing - your prefrontal cortex cannot resist the torrent of emotions.