Today's Must-Read | Twitter Featured Views [November 6th]
Renata2024/11/06 07:11
By:Renata
Ⅰ.Hitesh.eth: Understanding the reasons for the rise of $GRASS and its Data-driven potential
KOL @hitesh.eth conducted an in-depth analysis of the reasons for the rise of $GRASS and the potential of the data economy behind it, and proposed the following key points:
Airdrop and User Incentives : $GRASS uses 10% of the token supply for the first airdrop, covering 2 million users. About 100,000 users receive $100 GRASS after running the app and sharing public data, worth about $200.
Highly attractive staking program : 35% of the current $GRASS circulating supply has been staked, with an annualized return of about 50%. In addition, venture capitalists cannot unlock staking rewards, providing confidence for retail investors.
Privacy protection and node rewards : Data is transmitted through TLS encryption, protecting user privacy. As demand increases, users running nodes will receive rewards.
Demands for data and potential revenue : $GRASS currently has a peak daily data retrieval of 80 TB. Even with 10% usage, there is still a monthly data retrieval of 300 TB. Estimated at $1 per GB, monthly revenue can reach $300,000, and may even exceed $3 million in the future.
Market Outlook:
Growth Prospects of Data Drive : @hitesh.eth emphasized that $GRASS relies on innovative models of user data and node participation, bringing long-term growth potential to the market. He pointed out that although he does not hold $GRASS tokens or run nodes, the project is worth paying attention to.
Hitesh.eth stated that this analysis is only independent research, aimed at sharing knowledge, and does not constitute any financial advice.
Original link:
https://x.com/hmalviya9/status/1854024469255434309
Ⅱ.Chen Jian Jason: Interpreting the Three-Stage Model of Public Chain Growth Curve and Current Market Stages
KOL Chen Jian Jason divided the growth path of public chains into three stages and put forward the following main points:
Three-stage model
Phase 1: Raise the local currency price, create a topic effect, attract market attention, and create a preliminary wealth effect.
Phase 2: Retail investors invest in projects and memes within the ecosystem because they missed the local currency. At this time, most of the projects listed on the exchange are related to the ecosystem, forming a secondary wealth effect.
Stage 3: External developers are attracted and participate in project innovation through ecological incentive plans to promote ecological development.
The current stage of different public chains
Solana: Currently in phase three, gradually attracting external developers to innovate.
Ton: Currently in Phase 2, ecological projects are receiving more attention in the market.
Move series (such as Sui): Currently in stage one, the pull-up effect attracts market attention, and the local currency of Sui has performed well recently.
Market outlook
Progress of Sui: With Binance's launch of Cetus, Sui has successfully entered the second phase. If Binance further supports the Meme project of the Sui ecosystem in the future, Sui will completely stand firm in the second phase and move towards the third phase.
Chen Jian Jason pointed out that the growth of public chains needs to maintain a high level of local currency in stage one to ensure the development potential of subsequent stages.
See the original text:
https://x.com/jason_chen998/status/1854030412269719717
Ⅲ.Daan Crypto Trades: Analyzing the buying strategy and market expectations of $DOGE
KOL @DaanCryptoTrades analyzed the performance and trading strategy of $DOGE and proposed the following key points:
Pre-election buying opportunity : Daan said that if $DOGE falls to the green support area before the election, he is willing to enter the market and buy, believing that the risk-reward ratio of the current price range is worth a try.
Election impact : He pointed out that the election results will have a significant impact on the short-term market, which may directly affect the trend of $DOGE. He suggested that investors should be cautious in trading before the election to ensure that risk management is in place.
Main points
Short-term performance and long-term holding : @DaanCryptoTrades observed that $DOGE is firmly in the support zone of the daily chart and is one of the strongest performing tokens in the market, and expects it to be significantly affected by the election results. He stated that he holds $DOGE for the long term, but is currently not actively engaged in short-term trading.
See the original text:
https://x.com/DaanCrypto/status/1853769733373583389
IV. Unipcs: The potential of BTC Meme and the current market miss risk
KOL @Unipcs pointed out that although $BTC is currently at a historical high, many investors lack sufficient attention to BTC memecoins, which may become one of the biggest mistakes of this cycle.
Value-added potential of BTC memecoins :
SOL's memecoins account for 13.9% of the total market value of the chain, ETH's memecoins account for 6.4%, while BTC's memecoins account for only 0.14%, much lower than other public chains.
With the potential re-election of Trump and higher liquidity driven by Bitcoin ETFs, the demand for BTC memecoins may increase significantly.
Infrastructure and Liquidity Improvement : With convenient buying tools developed by teams such as @MEonBTC and the listing of new CEX, the availability of BTC memecoins will significantly increase, creating more convenient entry opportunities for investors.
List of projects to follow : @Unipcs The BTC memecoins currently favored include: $PUPS, $WZRD, $BDC, $WADDLE, $SAIKO, $BIP, $DOG.
Market Outlook:
@Unipcs emphasizes that BTC memecoins are one of the easiest opportunities to achieve 50-100 times returns in the current market, and suggests that investors increase their attention to this field to avoid missing opportunities.
Unipcs stated that he will continue to pay attention to the memecoins of the BTC ecosystem and welcomes everyone to share their potential BTC memecoins projects.
See the original text :
https://x.com/theunipcs/status/1854034185973125178
Ⅴ.Panda Superman | GoldenPanda: Reviewing the Strategy of Finding the Hundred Times Golden Dog Haggis
KOL @Panda Superman | GoldenPanda shared his recent successful method of finding the 100x Golden Dog $Haggis, and proposed the following core ideas:
Golden Dog's Three-factor Verification:
Good narrative: having a story background that can evoke emotional resonance.
Endorsement: Natural traffic support from authoritative influencers or related Web2 channels.
Big V shouts: Narrative can quickly spread and ignite the market.
Case analysis : He pointed out that similar to the recent popular $pnut, the story of squirrels being forcibly euthanized was supported by big Vs such as Elon Musk and quickly broke into other demographics. The rise of $Haggis also in line with this logic - originating from the Edinburgh news report on the endangered pygmy hippopotamus, the story contains the background of "rare animals" and has the Internet celebrity traffic attribute of Moodeng, which enhances the possibility of an outbreak.
Discovery and Analysis Process : After Panda Superman discovered $Haggis on the chain, he quickly analyzed its story narrative and media potential. It was learned that the news spread from Edinburgh and was expected to be forwarded by media such as the United Kingdom BBC, which would bring huge Web2 traffic. The actual results exceeded expectations, and the market value climbed from $500K to $6M.
Market Outlook:
Panda Superman emphasizes that finding a hundredfold golden dog requires keen news insight and understanding of narrative communication paths. Projects with "narrative, endorsement, and shouting" Three-factor Verification often have more explosive potential.
GoldenPanda said that the speed of Golden Dog's story dissemination is crucial, and projects that master hot narrative can often quickly break into other demographics, forming a high potential for revenue.
Original link :
https://x.com/Reborn_1337/status/1853856746424676755
VI. ZK: In-depth analysis of the challenges and future directions of the Ethereum ecosystem
KOL @ZK conducted a comprehensive analysis of the current situation and challenges of the Ethereum ecosystem, and proposed the following main points:
A. Politicization of Ethereum : It is pointed out that the Ethereum ecosystem is gradually being politicized. L2 projects often use the recognition of the Ethereum Foundation (EF) and Vitalik as the success standard, relying on airdrop expectations to realize monetization. This "orthodoxy" gradually evolves into arbitrage tools, making projects no longer focus on real user requests.
B. Shovel Culture : The Ethereum ecosystem is mainly based on infrastructure (infra) construction, known as the "shovel culture", which encourages projects to prioritize building tools rather than products and User Experience. L2 projects focus on light operation and airdrop-driven growth, rather than substantive user applications, resulting in an excess of tools in the ecosystem and difficulty in application landing.
C. Ecological fragmentation : The fragmentation of L2 has led to the fragmentation of liquidity within the Ethereum ecosystem. Although the large-scale parallel development of L2 has promoted technological progress, it has further dispersed resources and users, affecting the overall collaborative development.
Market Outlook:
@ZK suggests that investors and project parties pay attention to the "negative" strategy, stay away from politicization, and focus on the ecosystem of products and users. He pointed out that Solana is currently the most representative example, with a product-oriented culture and strong user growth capabilities, which may be the key to expanding and breaking the circle of the future encryption ecosystem.
ZK concluded that the future revival of Ethereum may require more Solana-style L2 participation, and only a blockchain ecosystem that values product and User Experience can drive true incremental development in the industry.
See the original text:
https://x.com/ZKwifgut/status/1853908989651948015
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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