Today's analysis:
Bitcoin is currently at 37400. After breaking through 37600, its performance has changed from stable to weak. It is likely to pull back. If it continues to rise, it can be at 37600, 37910, and the target is 36900-36500!
The current price of Auntie is 2057, the upper resistance is 2139-2177, the lower support is 2020, the short-term trend of Auntie is downward, we adopt a prudent strategy, 1975 is followed by Duo, the target is 2053!
Important daily information:
There were a lot of things going on over the weekend, and the market has spread from POW to the Game industry. This weekend, the game sector generally rose, especially when TreasureDAO announced that it was building a game chain and planned to use MAGIC as the Gas token. $Magic rose violently, driving the entire track up. In the future, starting in 2024, it will be a track where a hundred flowers bloom. By then, truly used applications will appear in various track sectors, such as the#RWAtrack, the#GAMEtrack, the#Lightningtrack, etc. Therefore, next year's bull market will be a bull market scene where a hundred flowers bloom. By then, it will be difficult for us to guarantee that all projects can participate. We should actively find an advantageous track of our own, and then study hard. It is easy to get rich when the opportunity comes.
The contract address of Blast, the Layer 2 network launched by Pacman, the founder of $Blur, currently holds assets with a total value of over $500 million. Among them, ETH worth $439 million was deposited in the Lido protocol, and $61.81 million was deposited in the Maker protocol. Then with such data, such a model, and the questioning voices that are spreading in the current community, it is obvious that this kind of project with a CX model has great unknown risks before it is actually implemented. Even VC Paradigm, which invested in #Blast, can't sit still. Dan Robinson, partner and head of research at #Paradigm, said on social media that Paradigm disagrees with Blast's decision to launch its bridge before the Layer 2 network and prohibit withdrawals within three months, and believes that this has brought a bad omen to other projects, and most marketing activities will reduce the efficiency of serious teams. Robinson said that Paradigm has expressed their concerns to the Blast team, but "there are still many points of disagreement", but Paradigm will take its responsibilities in the ecosystem seriously.
According to the current TVL calculation, if retail investors want to deposit 0.01ETH to earn points, they basically can't even get a share of the profits, let alone eat meat. Therefore, it is still difficult for retail investors to earn points. Now it has become a game for big investors. In addition to the risks, if you don't have much money, you also have to consider the sunk cost, that is, the value of the money in a few months. Can you outperform the airdrop at that time without investing in Blast? If you can outperform, then you have won. Therefore, nothing is 100% good. It is most important to think about whether it is suitable for you.
#Atomicals Market has been concerned about the zero-dollar purchase incident. Here, we suggest that students who have previously used the corresponding wallet should use a new wallet. This is also the official recommendation announcement. At present, the management of Atomicals Market has changed, and the new team promises to fully compensate users who have suffered losses due to the "zero-dollar purchase" incident.
Starting this week, a large number of projects have begun to unlock. Students who hold $DYDX can check the release of chips. 152 million $DYDX will be unlocked on December 1, accounting for 84.41% of the circulating supply:
At 22:00 on November 27,#YieldGuild Games will unlock 16.69 million YGG (about 6.34 million US dollars), accounting for 5.84% of the circulating supply;
At 8:00 on November 28, SingularityNET will unlock 9.39 million $AGIX (about 2.91 million US dollars), accounting for 0.76% of the circulating supply;
At 23:00 on November 28, dYdX will unlock 2.16 million $DYDX (about 7.42 million US dollars), accounting for 1.2% of the circulating supply;
It is worth noting that according to the proposal revised in January this year, dYdX will unlock 152 million DYDX (about US$518 million) on December 1 this year, mainly including shares of investors, founders, consultants and employees, accounting for 84.41% of the circulating supply.
At 8:00 on November 29, Nym will unlock 25 million $NYM (about 3.91 million US dollars), accounting for 4.1% of the circulating supply;
At 12:59 on November 29, Sui will begin to unlock 900,000 $SUI (a total of approximately $17.11 million) every day for 30 consecutive days;
At 12:00 on November 30, Optimisim will unlock 24.16 million $OP (about 43.73 million US dollars), accounting for 2.74% of the circulating supply;
At 8:00 on December 1, Immutable will begin to unlock 1.22 million $IMX (about 46.5 million USD in total) every day for 28 consecutive days.
At 8:00 on December 1, Maverick Protocol will begin to unlock 287,900 $MAV (a total of approximately $15.89 million) every day for 183 consecutive days.
At 15:00 on December 1, AcalaOptimisim will unlock 27.43 million $ACA (about 1.62 million US dollars), accounting for 3.31% of the circulating supply;
At 20:00 on December 1, 1inch will unlock 98.74 million $1INCH (about 35.08 million US dollars), accounting for 9.48% of the circulating supply;
$USTC is in death resurrection mode. The reason is that the former developer of $Luna is leading a new stable Mint Cash and a new Anchor, and plans to airdrop to the former UST sufferers and $USTC lock-up. As soon as the information came out, $USTC once exploded, and at the same time led to the upward pull of $LUNC $LUNA. Some people say that this is the eve of resurrection. According to the current model and market value, a positive cycle is too difficult. Don't be nostalgic after the short-term speculation.
You can pay attention to new projects. The $mubi project that was previously auctioned on the @bounce_finance platform has been at least 60X after it went online. Recently, this platform has launched a new project called $Bitstable, which is a#BRC20stablecoin mechanism.
#RWA track project summary:
As global regulators become more and more intense and strict on cryptocurrencies, the market is stirring up a privacy hype, and at the same time, the discussion of#FHE(homomorphic encryption) is intensifying. So what exactly is FHE? FHE supports encrypted data processing, which means that it can perform calculations on encrypted data. FHE is not a self-sufficient solution (at least for now), but one of the components that provides privacy, and is expected to be used in conjunction with ZKP, MPC, and TEE.
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