Welcome to the Odaily editorial team’s real investment experience sharing section. We do not accept any commercial advertisements, and the content does not constitute investment advice (because our colleagues are experts at losing money). Our aim is to expand readers’ perspectives, enrich information sources, and we welcome you to join the Odaily community (WeChat @Odaily2018, Telegram discussion group, X official account) to exchange ideas and vent frustrations.
Recommender: Asher (X: @Asher_0210)
Introduction: Low market cap altcoin long-term ambush, NFT gaming, and token farming
Insights: The current BTC market is undergoing some adjustments, with a focus around 64500 on the daily chart. If it doesn’t drop below, the outlook remains bullish.
Token farming: Keep farming The Beacon, it seems like everyone in the network is doing it, it’s cost-effective, but eventually, it might get witch-hunted, so consider using multiple accounts under independent IPs; Pixelverse is easy to manage, just collect coins every 8 hours and upgrade pets; Pixels, with the second chapter approaching, many bot accounts have been banned recently, so keep an eye on the gold farming returns in the next chapter.
Recommender: Azuma (X: @azuma_eth)
Introduction: A resilient investor
Insights: The meme coins on the blockchain are losing their spark, but there are still some hotspots to watch, pay attention to tokens endorsed by key figures or related concept tokens. Today’s example is BILLY, which gained a market value of over $20 million within six hours from a reply by the official Binance account, sparking a small portion of the market. Keep an eye on Ethereum ETF developments as purchasing Ethereum-related assets at a low could be beneficial.
Recommender: golem (X: @web3_golem)
Introduction: Bitcoin ecosystem catcher, token farmer in training
Insights: Switching SOL to ETH, as the SOL market is currently too heavy, despite being more active than Ethereum on the blockchain, it lacks the positive catalyst of an upcoming ETF approval. Rune COOK•THE•MEMPOOL dropped after minting due to exchange fund aggregation raising gas costs. It’s advisable to avoid rune minting for now as there is a lack of new capital inflow from both the East and West.
Recommender: Wenser (X: @wenser2010)
Introduction: 10U War God, meme breakup expert, part-time delivery person
Insights: Sports concept tokens are facing losses, with individual tokens starting at a 15% loss; other blockchain assets are being gradually liquidated. Although the ETH spot ETF will likely be approved on July 2, hopes for a significant rally are diminishing. NOT dropped to 0.018, continue to HODL as rumors suggest that other TON ecosystem projects will release tokens soon. The CRV dip was missed, but it’s a learning experience.
Recommender: Mandy (X: @mandywangETH)
Introduction: Contract creator
Insights: The market is currently at a standstill, with two possibilities: BTC breaks through $72,000 for a new high or drops below $65,000, testing support around $60,000 or even lower. Bitcoin will likely reach new heights eventually, but if the latter scenario unfolds, a lengthy period of consolidation could be ahead.
In conclusion, June was a fruitful season, but the recommender is no longer a farmer. The struggles of the turbulent market have taken a toll, and the recommender bids farewell to token farming.
