Welcome to this new section where members of the Odaily editorial team share their real investment experiences. This section does not accept any commercial advertisements and does not provide investment advice (because our colleagues are very good at losing money). The aim is to broaden readers’ perspectives and enrich information sources. Join the Odaily community (WeChat @Odaily 2018, Telegram exchange group, X official account) to exchange opinions.
Recommended by: Nan Zhi (X: @Assassin_Malvo)
Introduction: Blockchain enthusiast, data analyst, plays everything except NFTs
Sharing:
The debate between Andrew Tate and Ansem in the early hours of today has once again given birth to several meme tokens with market values ranging from millions to tens of millions (DADDY). As the strongest signal caller in the past week, Andrew Tate is expected to generate several meme tokens with extremely high multiples. It is advisable to pay attention to their statements around midnight Beijing time until the morning.
Tokens that have already experienced a rise, such as DADDY and early TOPG, are not recommended for further investment. PEPE has shown strong resilience during a major decline, making it a medium-term bottom-fishing target.
Recommended by: Qin Xiaofeng (X: @QinXiaofeng888)
Introduction: Options enthusiast, meme token investor
Sharing:
BTC and ETH have experienced significant fluctuations recently. There are two major events this week, the first is the CPI tonight (Wednesday) at 20:30, and the second is the Fed’s interest rate decision announcement at 02:00 on Thursday, along with a speech by Powell. The macro environment will undoubtedly affect the movement of Bitcoin tonight. It is recommended to buy end-of-day call and put options for tomorrow, taking both long and short positions.
In terms of projects, ORE looks promising. Launched in April this year, it focuses on Solana POW mining, which sounds similar to IO, and even won the Solana hackathon. After its launch in April, the price of ORE surged to over $3000 at one point, with a peak FDV exceeding $20 million. However, mining activities led to a price drop to as low as $80 (FDV down to $2 million), prompting the official suspension of mining operations. The total supply is capped at 19,744.
Recently, the price of ORE has surged to over $600 (currently stable above $500), with a peak FDV of $12 million. This is mainly due to the listing of similar projects like IO on major exchanges and the upcoming launch of ORE V2, which will come with significant changes to its economic model. The founder has mentioned that holding the V1 version of ORE will bring benefits. While the current FDV of ORE is not high, the unit price of over $500 has made many hesitant, and it is likely to split in the future.
Recommended by: Asher (X: @Asher_ 0210)
Introduction: Long-term low-market cap investor, blockchain gaming enthusiast, token collector
Sharing:
Regarding the BTC market, the previous prediction of a drop below $70,500 proved correct, leading to a rapid decline. It is now crucial to observe whether the 12-hour chart can stabilize around $67,300. If it fails to hold, expect further declines to $61,000; if it stabilizes, it could reach $70,000.
BWB, previously added around $0.45, has a current market cap of less than $60 million. It is worth buying as it is expected to take off after the washout.
NOT believes the washout is coming to an end, betting on a breakthrough above $0.02. If it breaks through, profit targets are set at $0.036 and $0.044, with stop losses at $0.014.
In the realm of blockchain games, Pixels has been intensifying its bans. With a good amount of PIXEL tokens, it is advisable to wait for the VIP single number earnings on June 17th from Chapter 2. Mavia is expected to allow exchanges between rubies and Mavia soon, with an update on the exchange ratio on June 14th. Lastly, The Beacon has been gaining popularity recently, so it is recommended to create more accounts to open treasure chests and potentially earn 10 ARB.
Recommended by: Azuma (X: @azuma_eth)
Introduction: Resilient investor, anti-washout expert
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In the macro outlook, whether the CPI and interest rate decisions result in short-term volatility, it is advisable to consider the dual-directional options strategy recommended by Qin Xiaofeng to seize opportunities.
Paradigm and Lido’s Restaking project, Symbiotic, opened deposit windows last night, with 8 pools filled within a day, leaving a few smaller LST pools with limited amounts. This is an opportunity to accumulate some points. With Paradigm not investing in EigenLayer and Lido losing out due to Restaking, Symbiotic is seen as a counterattack, sparking imagination for future developments.
Recommended by: Vincent (X: @vincent31515173)
Introduction: Intuitive investor, profit taker
Sharing:
From a narrative perspective, the Ethereum spot ETF S-1 is likely to be approved this month, potentially driving up Ethereum-related tokens. The ETH/BTC pair is expected to experience a rebound to some extent.
The fourth season of The Open League in the TON ecosystem has begun, with STON.fi and DeDust offering $1.8 million in reward pools. Interested individuals are encouraged to participate actively. The event will last for two weeks.
Recommended by: Golem (X: @web3_golem)
Introduction: Bitcoin ecosystem enthusiast, token collector
Sharing:
The overall trading volume of pizza is challenging to track due to its dispersion across chains and small exchanges. Since the end of the airdrop on June 9th, daily trading volume has decreased, with prices fluctuating between $5 and $6.5. The pizza frenzy has not boosted the activity of other BEC20 or new token projects. It is unsustainable for a single coin to rise in an ecosystem for too long. If you still hold a significant amount of pizza, it is advisable to sell and lock in profits, while keeping 1-10 pizzas in each address for potential airdrops.
The Beacon has been gaining popularity, with some players struggling with certain levels. Here are some tips: for levels with skeletons, players who are not good at positioning can wait to attack until after the white skeletons appear, then take out the ranged attack skeletons first; for spider levels, players can dodge and charge attacks by right-clicking and holding the mouse button, with longer charges resulting in higher damage. Players can also opt for a speed run without attacking the spiders directly. The new blacksmith level opened today, and the fastest way to pass it is to avoid breaking the barrels while passing through.
Recommended by: Wenser (X: @wenser 2010)
Introduction: 10U warrior, meme commentator, blockchain learner
Sharing:
Continue to be bullish until June 14th; if a new high is not achieved, reduce positions.
NOT has seen a price close to halving due to market conditions, but with the continued enthusiasm for the TON ecosystem, it remains bullish for a breakthrough above 0.03 U.
Kitty is currently close to halving, making it a good opportunity for some bottom fishing. As long as the meme leaders are still active, rebounds are likely.
The value coin W has not performed well, leading to passive holding. Due to the upcoming airdrops of ZK and ZRO, it is not advisable to focus on other L2 tokens.
The sports season is gearing up, with the Chinese national football team making it to the final 18. Football, as the world’s largest sport, attracts a massive audience. CHZ, LAZIO, and SANTOS are worth keeping an eye on, but there is no rush to buy.
The hot money in AI has shifted to the US stock market, indicating limited prospects for this month. Therefore, it is best to wait and see until the end of the month.
As always, face the challenges head-on and see you at the end of the month.
Previous Records:
June 3rd
June 5th
June 7th
Recommended Reading:
Institutional “Face-Off”: How Will the Market Develop?
With major fluctuations on the horizon, how do institutions view the future market?
