Time:2024-02-01 Click:149
Buy another 5 billion! Family members, Wall Street is so ruthless, Bitcoin is about to be bought up by them!
The currency sector is rotating, and the DAS and RAAS sectors are about to explode. You still don’t know? Take action with me now!
What coins are Avail and Eigen DA? Let’s follow Shu Qin to see what the future prospects of Solana, TIA and ALT will be.
If currency speculators still don’t know about this hot spot that is about to explode, then you are out!
The current development of blockchain is really changing with each passing day. There are short-lived ones like Inscription, and there are also Ivy Leagues like Layer 2 and RWA. But now there is a sector that is gradually taking over the game, and some giant whales with a keen sense of smell have begun to pour in!
He is the DAS and RAAS track with a scale of hundreds of billions, and these coins will benefit from this and reach the peak of currency development!
There is a recent news that I don’t know if you have paid attention to. Starknet, the ZK Layer 2 giant with a financing scale of billions, issued a statement saying that it will use Celestia (TIA) technology for subsequent research and development.
Oh my god, TIA is so impressive. Even a distinguished company like StarkNet has to bow its head and embrace TIA’s modular DA.
So what exactly does this DA do, and why does it attract all the major projects? And what coins does he have that we can lay out?
You must know that the current biggest expansion problem and operating cost of Layer 2 comes from the underlying data verification, that is, DA.
do you know? 85% of a Layer 2 cost is spent on data verification.
As far as I know, the current cost of mainstream network expansion is about US$150 to US$2000 per megabyte, which is very expensive. For example, Arbitrum has 120 MB per day, so its daily cost is even close to 200,000 US dollars.
And as the expansion network has more and more data, its operating speed and future scalability are gradually restricted, so whoever can solve this problem will be the future king.
Therefore, Celestia (TIA) came into being. Its modular technology can reduce this cost by 99%, which is very exaggerated.
Therefore, the project party only needs to purchase TIA coins to pay DA, which is simply addictive.
Like the king Startnet we talked about at the beginning, he had to lower his noble head to use him, so TIA has almost become the core of many new Layer 2s without realizing it.
A large number of chains such as Manta, ZKF, LightLink and AEVO, which are currently popular, are all based on Celestia (TIA) DA.
They all need to buy TIA coins to pay this fee, which makes TIA and its token holders make a lot of money.
This is very similar to Link's model. Link is an oracle, which provides quotation services for various projects. Its total market value has reached 15 billion, ranking among the top ten in the currency circle.
Therefore, TIA is a very important project. It has only been issued for two months and has great potential. I think it is certain that it will reach three digits in the future, whether it is a hundred or a few hundred.
However, its market value is a bit high now, so you can also pay attention to the RAAS track with similar concepts, such as the recently released ALT coin.
Before he issued the currency, Shu Qin let everyone enter the market below 0.3u. The previous increase was very good, but the details also depended on which expansion networks he helped integrate in the future.
And it doesn’t matter if you didn’t buy in at that time, because after the popularity of new currency passes, the market will often go through a cooling period. If it returns to 0.25-0.3 at that time, you must seize it.
We may not be able to get there, so let’s be prepared.
So what if you miss the ALT too? Don’t panic, there are two new coins to choose from, they are Avail and EigenDA.
These two projects can completely compete with TIA. They haven’t issued coins yet and not many people know about them. After all, retail investors generally don’t know the importance of DA. Therefore, when these two projects issue coins later, everyone must enter quietly and don't make any noise. There is still a chance that you can pick up cheap chips.
Everyone has also seen that although the Ethereum ecosystem is getting bigger and bigger, its shortcomings are gradually emerging, that is, Ethereum is now being cannibalized by too many so-called expansion projects.
For example, the Layer 2 just mentioned all issued coins in the name of building Ethereum, allowing a large amount of funds to flow out of Ethereum to these projects. Therefore, the Ethereum ecosystem has risen, but the Ethereum itself has collapsed.
As a die-hard Ethereum fan, Na Shuqin has to admit that his performance during this period is very disappointing. So we have no choice, we can only join if we can’t beat it. I also led everyone to invest a bunch of Layer 2 coins before, and they all rose well.
But there is one public chain that does not have this problem, and that is Solana.
Shu Qin didn’t say anything else. Just look at the trading volume of major exchanges now. Solana’s market value is so small, but its trading volume is no less than that of Ethereum, and whether it is on-chain activity, NFT or stablecoin In terms of transaction volume, Solana is not inferior to Ethereum, but its market value is much smaller than Ethereum.
And the most important thing is that its own performance is very strong and does not require any Layer 2 to expand its capacity, so no one is taking its cake, so many giant whales have switched to Solana. This is why Shu Qin asked his friends to buy the bottom of Bitcoin when it dropped to just over 38,000.
I bought a total of nearly 2 million U and put it in financial accounts on these platforms for long-term holding. Currently, the floating profit has exceeded 30%.
However, everyone should also note that Solana’s JUP airdrop will end today, so it may experience some correction in the short term. Those who are well-informed should know this.
Sui, which I asked everyone to short in the last episode, also started a big correction as scheduled, because it will be unlocked in large amounts on February 3. Many major players have already shipped it, and they may take it back at a low price after the correction is completed. I don’t know. Are you guys following this wave of Kong Kong?
You can also take a look at more specific operations. Benqin is trading every day.
Okay, let's take a look at the market situation next.
The current Bitcoin market is similar to what we talked about in the last episode. Volume and price diverged, starting a callback mode. However, Shu Qin discovered that Wall Street really does not follow martial ethics!
Now they only buy but not sell, it’s almost crazy. In just ten trading days, they bought 150,000 Bitcoins, which accounted for 0.8% of the total supply of Bitcoin.
Oh my God, I bought 0.8% in two weeks. If I give them another two months, wouldn’t they have to buy 3% of the total Bitcoin?
And what’s even scarier, do you know?
Many people used to think that after the ETF was passed, Wall Street might only buy a little in the first two or three days at most, and then their purchases would decrease when the heat passed.
But if you look at the picture, the buying volume on Wall Street is simply a straight line!
He steadily increased his holdings and bought up chips thrown away by the market every day, which greatly exceeded the market's expectations.
And not only the buying volume, but also the trading volume shows no sign of weakening, so this situation is really scary.
Even Wall Street giant, the founder of Tianqiao Capital said that his foundation is buying more Bitcoins.
And he predicted that the price of Bitcoin will reach its peak 18 months after the halving, rising to 170,000 or even 240,000 US dollars, which is very Bullish.
So if you didn’t follow me to buy the bottom when you were in your early 38,000, you have to seize any big correction later. If there is a second dip in this wave, it will be a very good opportunity to get on board.
Don’t be afraid of being trapped, because starting from Bitcoin’s halving in three months’ time will be the most ferocious time for the currency circle to rise!
So join me in the operation and allocate some potential coins. Don’t be a bystander this time. Let’s enter the field together and witness with me the beginning of a new round of bull market in the currency circle, okay!
Okay, that’s it for today’s program. Please pay attention to us, let’s gain wealth and freedom together in this bull market!
Bye~