Before we start, let’s chat about the recent market dynamics.
These past two weeks of OKB have truly shown me what “brutal aesthetics” means! I increased my position at 100 and chased a bit more at 140; this wave of market is indeed powerful!
Alright, enough small talk, let’s discuss the recent market opportunities. On the primary market side, the主播’s new issue returns last week were quite good~ Caught the $CODE from the Sol ecosystem and the memecoin on the OKB chain, fortunately, I positioned myself ahead of the market sentiment rising, so I managed to catch the right rhythm!
There are a few noteworthy developments: the official Alkanes protocol has opened the Swap feature, making currency exchange much more convenient; MagicEden announced integration with the OKX wallet, which is an interesting collaboration; F2Pool has lowered its transaction fee to 0.1 sat/vB, so miner friends may want to take note; of course, there are also new opportunities in the OKB X-Layer ecosystem, as well as the shift from the FOMO heat of RGB to the current cold situation — mainly driven by the hype surrounding the expected listing, but there are still some short-term opportunities for memecoins in the ecosystem.
Which of the dynamic activities above have you participated in over the past two weeks?
Today, we are focusing on the recent surge of OKB in the secondary market, the new listing situation of the X-Layer protocol over the past two weeks, and some analysis of the targets (please note, this is not investment advice, just a simple analysis of the target value~)
We talked about this before, the on-chain ecosystem revolves around tokens, and this time OKB has completely stirred up a wave of excitement. The host believes that the cost-effectiveness of entering the market for new listings is very high right now, but remember: it is only suitable for new listings, do not buy the dip!
A friend asked if there are too many shitcoins listed on OKB now? You know, those memecoins that have a new listing every few minutes. In fact, I haven’t been sharing this type of asset lately because I really don’t like promoting them; the risks are too high!
Let’s first take a look at the market: currently, the OKB sector is mainly dominated by Chinese users, with ODOG, OKAY, and Wangcai being the three coins with relatively high traffic. Among them, ODOG is the leader, having been launched around 9 PM in the early stage — everyone should understand what the internal market is, right?
A little side story: When I saw the $ODOG project, there was only 1 hour left until its launch. At that time, I thought it was something new, so I participated a little, with a cost of 15 dollars. As a result, I sold it off at 100 dollars, and later it skyrocketed to 300 times. I really missed out on that! Now it has pulled back by half, and I don’t really recommend buying in at this time. Recently, new protocols have been rising quickly and also falling to zero just as fast, so one must be cautious.
Everyone should keep an eye out and choose some top projects to participate in appropriately when they drop to a low point. The bonus period for the new protocol is inherently short, and if you miss it, it’s gone~ You can understand how short the gameplay cycle of the new protocol is by looking at this picture.
As for memecoins, I won’t involve everyone, as they are basically short-term plays; a project might only be active for half an hour or even just a few minutes. It’s really unnecessary to take over, and the information gap is too large, making it easy to get stuck at the top of the mountain!
Here I would like to share a practical feature: our “Hot News” function. If you want to find information sources and on-chain data, trending updates will be displayed in the search bar. I will teach you how to operate it later. Don’t just focus on short-term news, this is also a good channel for obtaining on-chain information~
Here’s a little feature for those anxious about secondary trading: “Little A Analysis.” This feature is very friendly for “short-term players”; if you want to cut corners on data analysis, Little A Assistant can provide references, making it much more efficient than trading based on “feel”: the path is in the app - group chat - Little A Analysis in the lower left corner. Has anyone used the AI page feature? Any feedback can be shared with me after the live broadcast, and I will collect it to help everyone with updates~
After discussing the features, let’s talk about the situation on the BTC miner side. Recently, the OGs have spoken up, pointing out two concerning issues with the Bitcoin network:
First, the transaction fee has dropped to 1 sat/vB, which may reflect network congestion or miner manipulation; second, eight consecutive blocks were mined by the KYC-regulated U.S. mining company Foundry USA, causing many to worry that the decentralization of Bitcoin may be affected — in plain terms, it means that U.S. miners are taking away a large portion of the profits.
F2Pool has lowered the minimum transaction fee from 0.5 sat/vB to 0.1 sat/vB, aligning with other mining pools. It seems that the mining pool ecosystem has generally accepted lower fee rates.
Next is the practical operation session! The SOL ecological inscriptions have recently risen again, and the initiator of sols has made waves once more~ Last week on August 15, the SOL ecological project team sols took new actions, starting to arrange the project at 6 AM, and I had already sent a message in the group around 9 AM.
At that time, the market was particularly FOMO, and it was hard to get in, with costs reaching 0.6u. Foreigners were still shouting on social DC wanting to buy, peaking at 30u. The project is still open in the market~ Note, friends who want to join the new project group can find me, welcome to join the new project section!
The project party solkek, when the first sols inscription was released, peaked at 8000 dollars each~ On that day, this code was sent out, and everyone remember to prepare your web3 wallets in advance when participating in new token launches, don’t be lazy! Make sure to have wallets for sol, btc, eth, okb ready!
Let me explain the practical steps: first, buy SOL using USDT in the exchange wallet, and then withdraw it to the SOL address of your web3 wallet.
Now search for SOL, open it, paste the copied web3 wallet SOL address, and just enter the address and amount.
Then mint assets on the webpage - this is the most basic process: exchange → web3 wallet → on-chain minting of assets. The streamer suggests preparing the wallet and funds in advance so you can participate as soon as there are projects.
Actually, the ecosystem is not important; the operating processes are pretty much the same. The key is that the information source needs to be fast! After talking about the SOL ecosystem, let’s discuss the opportunities in the BTC ecosystem.
This week the official Alkanes protocol opened the Swap function, allowing for quick trading of Alkanes protocol tokens on its platform, and you can also add liquidity pools, which is quite convenient. However, recently the Alkanes ecosystem has been rather lukewarm, so it’s not recommended to engage, but you can keep an eye on new developments~ Also, the BTC Methane project currently doesn’t have much buzz either, so it’s advised to watch and wait for new protocols to emerge before making a move.
Speaking of methane, let’s take a look back at MagicEden. It is a primary trading market platform that specializes in promoting ecological trading. This announcement of integration with the OKX wallet is quite timely, to be honest—after OKB became popular, a bunch of people jumped on the bandwagon, and ME has managed to keep up with the trend. They are trying to merge K-lines and memecoins, which could be a new direction.
Currently, we mainly focus on the rune and NFT market. Everyone can interact, buy and sell, and check the on-chain records. Who knows, there might be airdrop opportunities in the coming quarters~ When withdrawing OKB, remember to copy the OKB X-Layer address of your web3 wallet, don’t mix it up, as there are two addresses!
When we participate in new offerings, we can usually exit once we see over 5 times the return. We don’t plan to hold long-term, just take the profits as they come!
Finally, let me share a method for finding project teams with you. It’s actually quite simple. Just search for the project teams related to OKB on Twitter and participate in their ecosystem’s initial offerings.
Currently, the opportunities in the BTC ecosystem are decreasing, and the sentiment is mainly focused on OKB. The streamers are now primarily keeping an eye on the OKB ecosystem frontline. Whether it’s memecoins, new protocol NFTs, or inscriptions, there are new opportunities. This is a time when everything is blossoming. If you don’t act quickly, others will finish the market and start trading, so don’t hold any biases!
Reminder: There are too many retail investors entering the memecoin market now, and the liquidity has been drained. Be very careful, and it’s best not to touch it!
This article only represents the author’s personal views and does not reflect the position and views of this platform. This article is for information sharing only and does not constitute any investment advice to anyone.