Something is burning in the blockchain 🔥

Limited token issuance is a key element in project economics. Many teams, especially after Ethereum developers implemented token burning mechanism, try to pay special attention to maintaining deflation. So let's get to the bottom of it - why do projects burn already issued tokens!

🥅 Token burning is the process of removing coins from circulation. Developers destroy part of the tokens, thus reducing the total number, bringing them additional value, and thus value (but it doesn't always work).

It is important to consider that only the project's own assets are used for burning. A situation in which your tokens can be "deleted" without warning is not possible.

For example, sources of tokens can be:
• а portion of the project's profits;
• transaction fees;
• wrapped tokens when they are deployed into the original coin.

🛠 How burning occurs

It usually happens by sending tokens to a "burn address", after which they are completely out of circulation.

• A burn address is a "dead" wallet that cannot be accessed because it has no private key. Accordingly, it is impossible to get tokens from such a wallet. An example of such an address is 0x000...000dEaD.

• Each project can implement the burning process in its own way. For example, Binance uses two mechanisms at once. First, burning a part of BNB received for gas payments in the BNB Chain. Second, automatic quarterly burning. This approach will reduce the total BNB supply by 50% in the long term.

❕ Keep in mind that the burn mechanism is not a panacea to price growth / stability. It is influenced by other indicators - general market situation, value / popularity of the project, etc. 🔥

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The market is going down | blood in the market 📈

Friends, hello everyone. I think everyone has already seen the fall in BTC. Today the price fell to $38.550 at most. To be honest, I did not expect such a fall today, but the market decided differently. And for many people it is not clear: why it happened? Therefore, in this post I decided to highlight all the factors that could have influenced it.

📝 Let's break down what's going on:
• Grayscale are selling 10k-25k BTC per day, with outflows increasing rather than slowing down;
• Next, Mt.Gox is expected to unlock 200k BTC, which could come on the market in the next 2 months and go on sale too;
• The US government owns about 100k BTC related to Silk Road and have announced plans to sell half in four installments;
• Grayscale owns $7-8 billion worth of $ETHE, which until recently was trading at a discount of up to 50%.

While all of this was expected even before the ETFs were adopted, it is now that we have started to fall. This and similar FUDs are now being actively circulated on the web, but still this situation is more like a correction and landing of excess buyers (longs).

📍Therefore, after the price converges to the $38,000 area, I expect a return to the $42,000 zone. In my opinion, the market is positive and this fall will not last long.

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The best strategy when the market is falling 📉

Friends, in the last 3 days there was a real "panic sell" happening, where the price was slowly falling and did not want to stop. Market participants are usually not ready for such trials.

🔤 Of course, during the constant growth all traders ask for a correction, but 90% of such people see it differently in their heads. For example, a quick fall, on which you can quickly buy tokens at a favorable price, and then literally in an hour, the price immediately flies back up. This happens of course, but less often + it usually happens on the background of some important events or FUD.

⚫️But "organic" corrections take place in this format, as we see now. A slow and prolonged fall, during which it seems that a little more and there will be a reversal, but the price keeps falling and falling.

Everyone wants an ideal entry point, after which the price will immediately draw a green stick of +30%. But many people forget that they are not going to scalp now, but to take spot positions.

❕ Therefore, the best strategy is to take positions in parts at the moment of correction, dividing the volume per trade into 2-3 parts. This way you will never lose in the long run.

Put 🔥 if this post was helpful to you.

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Negativity on ETH - a sign for a reversal 🔹

Friends, I think not all of you were able to catch what is happening with ETH right now, so I decided to briefly describe the situation. The main thesis on the agenda is FUD on Ethereum.

📔If you've noticed, every day now there is more and more negativity towards ether. Just a couple of days ago, there were rumors in the media that some validators in the blockchain network had fallen off and Ethereum was having technical problems.

Yesterday there was a FUD that the SEC is supposedly not going to consider any other ETF besides BTC, and the decision was postponed to March. I'm not going to tell you that this is all nonsense. Just remember the situation with BTC: how many postponements there were, how many SECs said they were against ETFs and so on.

❕ Therefore, the situation is repeating itself. And the more FUD there is on Ethereum, the better for positional entry (buying) in ETH, and the closer the reversal (growth) is.

Do you have Ethereum (ETH) in your portfolio?

🔥 - Yes
🧐 - No

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The market is skyrocketing | BTC review 🪙

Friends, hello everyone. Today the market has grown very nicely, so I will make for you a small review and my vision on further price movement.

↗️ Today after breaking through the level of $40.300 BTC flew slightly above $42.200. My team and I expected this growth. After the price approached $40.3k and started to consolidate, it became clear that most likely it will lead to an upside breakout. Especially after local confirmations of the level.

We are now trading around $42k. Now the level of $42.200 is in front of us. I think that to break through it, BTC will have to stop a bit and get into local consolidation. And only after that, we will see further growth.

💡As I wrote earlier, there is positive on the market, so I think it is quite justified to expect growth up to $45k in the near future. But I have only one question.....

At the moment BlackRock already has 49,952 BTC ($1.98 billion) on its balance sheet.

• 1. If they were so actively buying BTC, why did we get hit all the previous days?

• 2. What will happen to Bitcoins when they stop buying?

📍This is just for you to ponder and draw your own conclusions 🔥

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Smart Wallet buys MATIC 🟣

In one of my posts earlier I told you that my team and I are actively monitoring smart wallets. Today we once again noticed a pattern, so I decided to share it with you.

A trader with a 100% win rate, whom we are actively monitoring, opened a long position on the Matic token today (the position was opened with 3 leverage, for $15,000).

🔤 In addition to this, I personally see several other factors that speak about further possible growth:

• A big downward move down weeks long
• good accumulation
• RSI value, which suggests positive momentum.

Also, the price went down exactly to the daily OB (recent correction) and consolidated on this zone, which indicates the strength of the buyer (long) and the desire to accumulate the asset in large players.

The volume of purchases is small now, and the coin is doing very well, following which, with high volumes there are high chances that the token rate will fly even higher.

❕ Fundamentally and technically, the coin is worth the risk of taking it into your portfolio. The conditions are quite favorable right now. Even if the coin goes down, it can be used as an additional chance to get additional volume at a lower price.

📍If you like this column, please put 🔥

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How is the AI sector doing in crypto?💡

Friends, I think you have also noticed that artificial intelligence is everywhere we look nowadays. From large investments of funds, to the fact that every crypto project is trying to apply this technology in their developments.

🔤 I have only one question in my mind: at what stage of this sector's hype are we at now?! And to be honest with you, I have not found a definitive answer. If we are at its start - then of course projects that are related to AI - carry great potential and big X's.

So y decided to consider for myself a new token for investment. Immediately I say - this is not an advertisement, but just my opinion. The project is HyperGPT (HGPT).

🟠These are projects that have a small capitalization, which is a good plus, and belong to the AI sector. It provides an opportunity to create AI-based DApps using minimal effort. It turns out to be an AI project that creates other AI projects. It looks interesting.

Plus there's a lot of hype around their recent launch of a Telegram bot with 1000+ AI apps. All this in the long run affects the inflow of new users (potential buyers of their token)

📍I will definitely keep an eye on this project and buy their token to my portfolio. I repeat: this is not an advertisement and not a financial recommendation 🔥

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🔦 Is decentralization left in crypto? (conspiracy theory)

Friends, in recent days I have been actively watching the development of ETFs, the withdrawal of BTC from Grayscale to the exchange and how the BlackRock ETF is starting to gain momentum in the market. Yesterday, by the way, they surpassed the Grayscale ETF in trading volumes for the first time.

🔎 And then I wondered: isn't Grayscale deliberately giving leadership to BlackRock? Now they are actively transferring their BTC to Coinbase (exchange), and no one knows what will happen to them next. Are they sold, are they transferred, or what is done with them? It is not known.

Or maybe Grayscale is using the exchange to lose track of transfers? After all, Coinbase won't disclose information like that for sure, because they have long been NOT in favor of decentralization and have been communicating with government agencies on a one-to-one basis.

🗣 So I guess what I'm saying is that Grayscale translates its bits for BlackRock? And why not?

Because it is BlackRock that will now be the "leading voice" for BTC and manage this market in the real world. They will dictate their rules of the game. They will own the largest amount of BTC (own = control=manipulate). By the way, they already own a large portion of the mining companies.

Now anyone who wants to change some rules of the game in the market will have to deal with BlackRock. Who can become their rival? Perhaps a "new BlackRock" in the face of Chinese competitors.

📍So far there is no rival for BlackRock. Nor is there decentralization. After all, they are definitely not playing for crypto, but for the state. It seems that the era of decentralization is over.

❔ Does everyone understand what decentralization is?

🔥 - Yes
🐳 - No, we should do a post on this topic

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Whales are getting into ONDO 🐋

Thought I'd do another post for you guys about buying smart wallets, since you guys really like this section.

🔎 Yesterday morning, 9 whale addresses purchased ONDO coin for a total of $11.8 million. And also, on January 22, one of the major market players with a capital of more than $50 million purchased this coin for $1.38 million.

As you can see, large purchases of ONDO among whales are only increasing, so it is worth paying special attention to this coin. Personally, I have made such a conclusion for me.

At the moment, I have not bought this token. I am waiting for a better price. Now the price of the token is $0.21, and for me a good price for buying it is below $2. At $1.9 I will actively buy.

📍I also want to make a clarification: the point of this approach to analysis is not that whale purchases pampers the price, but that most often coins that buy whale addresses show good growth impulses after some time.

❕ Such rubrics I have not seen anyone else. You can say that this is unique content. So let's put the maximum number of 🔥 on such posts.

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Overview of tier-1 fund - Animoca Brands 📦

If you actively follow the fundraising market, you know that one of the fastest growing sectors for investors in the last quarter of '23 was GameFi. That's why today in our "learning the fund from the inside" column we're going to break down one of the key VC players in this area.

⚫️Animoca Brands is a Tier-1 fund focused on investing in GameFi / P2E and NFT projects. VC investments are spread across the following sectors:
• GameFi (47.3%)
• NFT (19.3%)
• Blockchain Service (10.2%)
• DeFi (8.7%)
• Social (6.3%)
• CeFi (3%)
• Chain (2.1%)
• Blockchain Infrastructure (1.8%)
• Other (1.2%)

The fund was founded in January 2014. The funder is Yat Siu. One of the most experienced people in crypto. I advise you to follow his X.

🥅 In total, the fund has raised $856 million in assets from the fund. At its peak in mid-2021, the company's valuation was ~$6 billion.

In the same 21 year period, the company managed to earn a record $670 million. The underlying revenue was a $530 million increase in the fund's investments. The remaining $140 million profit came from subsidiary projects.

Not many people know, but Animoca Brands owns many projects, some of which are The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl and others.

📍Cumulatively, the fund has participated in 293 fundraising rounds, in 117 of which it has held the Lead Investor position. Among the tier-1 projects in its portfolio are: Axie Infinity, OpenSea, Dapper Labs, Yield Guild Games.

Put 🔥 if this post was helpful to you...

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How will the market fall? 📉

Friends, there has been a lot of talk lately in the cryptocurrency community about a market correction before the bull market starts. So I decided to spell out for you personally my opinion on a possible market decline.

📊 In December, the markets were extremely optimistic on expectations from the Fed. There was a strong belief that the rate would be lowered as early as March, and on that optimism the markets closed the year's results pretty well. But yesterday the Fed said (there was a meeting) that it was too early to rejoice. So in a moment the markets got down and stopped.

In addition, there are now increased risks in American regional banks. Here I see the likelihood of a repeat of the March 2023 scenario: a small local storm in the markets and a "horror-collapse" mood, after which the Fed comes out and saves everyone (gives additional money). It won't happen immediately and not this month, but when it does, somewhere around here you should start buying tokens for your portfolio.

❕ The market needs hope for money to grow. Looking forward to the next 2-3 months (until April-May), I don't see any prerequisites to get a significant inflow of liquidity. Therefore, I am in no hurry to gain long-term positions at current prices.

📍My strategy at the moment: I will increase the share of assets (tokens) after BTC goes below 40k. The range of 44.500-46.000 on BTC is my priority for sales. This is where I will be looking for a point to enter short.

Are you expecting a drop before the start of a bull market?

🔥 - Yes
🐳 - No

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What is the alt-season and why do we need it?! 🪙

Friends, recently some news resources started to write more about the soon fall of BTC and therefore the topic of the alt-season started to be discussed in the network. So I decided to make an explanatory post: who, what and when.

📑 Altseason (in simple words) is the time when altcoins start to grow sharply. At the same time BTC does not make sharp movements, most often it even falls.

Mostly this time comes because of the transition of money from BTC to other crypto assets.

⚫️The usual psychology is at work here. People begin to feel the approach of the bull market. So those who had money in BTC start to move it to more "promising" (cheap) tokens. And those who are just entering the market also start buying altcoins, as they feel that BTC is already worth too much (as a rule, before the alt season, BTC rises sharply after stagnating, as it is now).

Some alts have already started firing, so I advise you not to hesitate.

💡"When is this season coming?". My vision: in the near future BTC may approach the 45k-46k mark and after that a correction will come. And it is after that that we may see a strong alt season. (I wrote my opinion in more detail in this post).

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Will there be an alt season? (addendum)💡

Decided to write an additional post for you, as an interesting thought came to me yesterday.

↗️ For two weeks now, the market has been in a rent-seeking mode. Everyone is in wait-and-see mode. From experienced guys on the market I see more fear now, with thoughts that it all may go down sharply. From the guys who are far from the market, I see a desire to buy new tokens.

🔽Does this point confuse me? Yes, of course. It would seem logical to see a decline, as guys with experience feel the market better, while "hamsters", as it happens most often, try to "get into the last carriage".

But, there are phases in the market when market "naivety" wins. When to actually start "market buy" at the highest point, or not to fix 10x to the price of the asset you bought is smart. This usually happens during bull market moments.

📍So, now I think we are in a situation where we can check whether the market is actually in a bull market or just its echoes. To see if naivety or experience wins.

We're waiting...😀

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Watching smart wallets - LINK 🪙

Friends, hello everyone. Today we continue our column on tracking smart whale wallets. This time we have the LINK token on our radar.

💵 Yesterday, more than 40 recently created addresses, which apparently belong to one large whale, bought for 2 days token LINK for the amount of $42 million. All addresses were created at approximately the same time. The amounts of purchases do not differ much, which indicates a single holder of all wallets.

Also, in recent days, I notice mass accumulation of this coin among large wallets, the last time I saw this at $13.5-$15, after which they received the expected growth. At the moment the situation is similar, which tells us about the repeated bull run, which is clearly not far off.

• In addition, today we found a wallet that has bought $3.5 million worth of LINK over the last 3 days, with the last purchase being made this morning for $1.7 million.

❕ I have been buying this token in my personal portfolio for a while now. But this is not a financial recommendation. I'm just showing you how our team chooses tokens to invest in. It's a lot of work.

Put 🐳 if this is your favorite column

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BTC Overview | time to sell 💰

Friends, hello everyone. Yesterday and today the market is behaving very dynamically, that's why I'm doing an up-to-date review on BTC and ETH for you. I will be brief.

🔤 Here are the key points:

The price broke through the 44.000-44.400 zone on impulse, so we focus our attention on the $46.000 zone on BTC. It is from this point that I expect a seller reaction and a move to $41,000. All in all - we will be falling soon.

View on Ethrereum (ETH):

Finding a short position remains a priority option for me. That said, I did not open positions at current values because there are still no systemic entry prerequisites. They are not formed. We have to wait for the appearance of a local level.

🟠Actual boundaries in which the price will move in the near future:

• BTC: $41750 - 45630
• ETH: $2240 - 2500

📍 If to summarize my thoughts in one sentence: I don't look for buying on the market, I look for shorts.

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How do announcements affect the price of tokens? 🔍

Friends, today I'm going to touch upon one of my favorite topics - working with news and analysis.

📔Many people don't know, but if you periodically follow the Twitter (X) of projects, you can make good money on it. It's all because when some big announcement (news) comes out, the price of the project token goes up. By the way, keep in mind that the same works in the opposite direction. There is always a risk.

So, let's look at a recent example: On February 5, HyperGPT announces a partnership with Microsoft, after which the token showed a growth of +25%.

💡 By the way, on January 30, I made a post in which I talked about this project and the purchase of their token. Everything worked out perfectly. Since the post, the token has maximally grown by +61%. And at the moment it is +37%.

Now there are already announcements of listings on other exchanges. I'm not sure that it will be a Tier-1 project, but the inflow of new liquidity is always nice. So far the token is available only on MEX and several DEX-exchanges.

By the way, since the last post, the capitalization of HGPT has increased from 2 to 5.5 million, which is still insufficient, and thanks to this price you can easily pump. Anyway, you got it, analyzing the twitter of projects can be very useful, so take it for yourself.

📍This is not an advertisement of the project. Nobody paid me. This is just an example.

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How to get through a bull market without FOMO🐸

For all newbies, this post will be extremely helpful. The bull market is getting closer and closer, but many don't even have a clue how and what to do. Today I will write some basic rules that every beginner should keep in mind.

🔤 Approach to portfolio building:
Long-term investments + stablecoins + high-risk narrative positions. Allocation of shares depends on your risk tolerance and goals. Profits from narrative trades are transferred either into stables or build up long-term positions (BTC/ETH/SOL/BNB and further on according to your preference).

When selecting narratives, focus on only 2-3 - the depth of your immersion is more important than breadth of coverage. That said, the set of "hot" narratives may change within a cycle.

📥 How do I choose a narrative?
Here's what to look for:
1. Personal thesis - what are your personal beliefs about cryptocurrencies? Which ones are you most certain about?
2. Strengths - focus on what you are strong in and what you enjoy exploring.
3. Time frame - is it relevant now or does it have the potential to take off in the future?

And I'll write about how to choose the right projects within the narrative in a future post.

❔ Shall we continue?

🔥 - Yes
🐳 - No

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💡 How to choose the right projects from the narrative?

Continuing with yesterday's topic. You've put up some lights and I can see your interest. Let's go.

📦 What do you need to do to choose the right narrative? Let me explain: a narrative is a particular sector whose projects are starting to gain momentum and grow in value at the same time.

There is a simple formula for choosing the right narrative: combine alpha and beta bets for each narrative.

• The alpha bet is to buy the leading project (LDO in LSD, TAO in AI, etc.). History shows that most investors get more returns if they stick to alpha projects rather than constantly jumping betas. Attention always flows to the market leader, and it's difficult to make the best choice among dozens of beta options.

• Beta bets involve higher risk and return. Since you've already made an alpha bet, the beta should be different from it: for example, being on a different network or having a different value proposition.

But also important - don't get hung up on narratives and projects.

❕ Bull markets are driven by attention. Your goal is to find the biggest waves of hype and ride them. That said, as soon as a wave subsides, jump on another one. You can tell when a narrative is about to die by metrics (TVL, transactions, and users are declining) and general mood - when even the project's fanboys go silent, it's a bad sign (ideally, don't get to this stage).

📍 Keep in mind that if a project has money and an experienced team, it can fit into multiple waves at once as it develops. 🔥

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Crowd psychology in crypto 🗳

Friends, remember one important thing: the crowd always loses and in the crypto market this rule also works. But, we can capitalize on it.

🔎 People buy token because they believe in the price growth. The reasons for this belief can be different (growing performance and demand, product, catalysts), and the simpler they are, the better - new liquidity comes from unsophisticated investors. Examples of simple narratives are AI, RWA or GameFi.

The average cryptocurrency user has a shorter attention span than an experienced player. A good product is important, but the price won't go up if the protocol isn't familiar with the dark art of marketing. Look for projects that understand this. That's where the large influx of liquidity from the crowd will go.

• Liquidity inflow -> asset price growth -> profit.

📦 But why does the crowd always lose money? It's simple: they don't know how to lock in profits. After getting +50% to their investment, they will wait for another +100%, but an asset cannot grow forever. In the end, the asset falls and the crowd just keeps sitting with losses. It is important to be able to lock in profits in time.

❔ Do you understand how to properly capture profits from a position?

🔥 - Yes
🐳 - No

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Keith accumulates API3 🐋

Friends, I was planning to make a post for you today about another purchase of "smart wallet", but it turned out that after its purchase token almost immediately began to grow. But I still decided to make a post to show you clearly.

📈 Today a large address started to re-buy API3 coin. This time he purchased it for $1.17 million. Last time he purchased this coin at $1.6, after that he sold it at $2.6.

The spot win rate of this address is about 74%, which shows us his high level of skill in buying coins at the lows and then selling them at higher values.

❕ Personally, I managed to buy some API3 and will sell it soon, as after buying this wallet the token went up sharply. I do not recommend buying it now. Only if the price rolls back to the previous values again.

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Most people are in profit 📦

Friends, found an interesting infographic today. Let me decipher right away: almost all people are in plus on BTC right now. Only 13% of people have a minus position. This has only happened in a bull market in 2021.

🔤 My view on the market:

Recently, altcoin capitalization (no stablecoins or BTC) has done a retest of consolidation and a local peak point update. This can be seen by the rising altcoins gradually catching up with the movement of BTC, which rose to $52,800.

At this point, my team and I have placed a number of orders to open a short position. At $53,000, $55,000 and $58,000. As you can see, we're waiting for the price to fall.

📍 But do not forget about the increased fanding and as a consequence possible sharp price movements. I do not recommend trading on futures now, if you have no experience, because with such volatility you are likely to lose money.

❔ What is your opinion on the market for the coming week?

🔥 - Flying to 56k
🐳 - Falling to 48k

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