EastChainSuperBrother

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SLX has been dropping sharply recently, now around 0.2u, down nearly 60% this week.
First, let's talk about what it is. Solstice is an on-chain yield protocol that brings institutional-grade wealth management strategies on-chain, making them accessible to ordinary users. The protocol's total value locked has exceeded $500 million—it's not a vaporware project.
It launched earlier this year, peaked at 0.66u, and saw heavy buying from retail investors in South Korea, with trading volume once being very high.
But now it faces a very real problem: on July 9th, the day after tomorrow, another batch
SLX-12.19%
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Syn, as we said earlier, the 0.52u level couldn't hold, and now it has fallen back to 0.38u. But during this period, a major event happened worth mentioning.
On July 1st, a well-known crypto tycoon spent $2.2 million to buy over 6 million SYN. As soon as the news came out, the price directly surged to 0.65u, with daily trading volume exceeding $200 million.
But the problem is that this rally couldn't hold, and now it has fallen back.
Why couldn't it hold? Because the reason the tycoon bought was that he was bullish on a project called Hypercall, which is related to SYN and aims to do on-
SYN-8.57%
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Reselling on Xianyu—what’s the most powerful?
$ETH
#$LAB
ETH0.58%
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GodOfGods:
I don't know.
Why didn't you say so earlier?
$BTC
#btc
BTC0.74%
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As expected, none of them are pushovers.
$BTC
#btc
BTC0.74%
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ThisIsTranslateContent::
🤣
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Brothers, the latest guide for office workers:
If your room has just been upgraded: directly hire Kong Liangliang to produce 30,000 tokens every day—that means your daily earnings are about 660u, and you’ll get your investment back in about a day and a half.
As for the earlier strategy with He Yiyi: even though it calculated a decrease, you’re already back to break-even. You can earn around 100 US dollars a day.
The newest strategy now is: if you upgrade AV, it will reduce the room upgrade fee by 40u, but the computing power will be relatively lower. If you’ve already hired He Yiyi, then upgra
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SYN hit a high of 0.72u this week and has now fallen back to 0.52u. A week ago it was still at 0.26u. This price action says a lot. This coin is a cross-chain bridge that lets you move assets from one chain to another. The demand is real, it's not a vaporware project. But last year it was delisted by a major exchange due to a token version update. After delisting, the price dropped significantly and liquidity never fully recovered. This sudden surge is essentially driven by speculative sentiment.
It went from 0.26u to 0.72u but couldn't hold. Now it's heading lower, indicating heavy profit-tak
SYN-8.57%
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The lab's claims from the last two times have basically come true, so let's take this opportunity to review.
I've mentioned many times before that the risk of the chips being concentrated in the hands of a few people is very high. It seems I still underestimated it. Someone on-chain specifically checked, and the amount of chips held by insiders is even more exaggerated than imagined—almost all in their own hands.
That 18.56u wall we mentioned earlier was said to be very hard to break. It didn't break—instead, there was a direct flash crash. After hitting an all-time high of 27.3u on June 2, th
BTC0.74%
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SOL has been bouncing between 70u and 74u over the past couple of days, not much excitement, but I think what's been happening behind this coin recently is worth discussing. In tokenized stock trading, it hit a new high this week, with a weekly trading volume of 1.3 billion. This track is basically dominated by it, and no other chain has kept up.
Funds have been flowing into ETFs as well, with 1.1 billion entering over three weeks. Kazakhstan even approved a compliant ETF. Putting all these together shows that this coin is now backed by real substance, not just talk.
However, I noticed one thi
SOL0.55%
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HYPE, people have started bottom-fishing in the past couple of days. I think this level is worth discussing.
Now at 64u, it has dropped significantly from the high of 76u on June 16. The main pressure is from the unlock next month. On July 6, another 630 million USD worth of tokens will be released. The team and early contributors' share is released every month, nothing new.
Many people run as soon as they hear about the unlock, but this project's fee income is quite strong. It earned 56 million USD in the past month, and most of the income is used for buybacks and burns. You don't see many co
HYPE1.31%
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ENA has suddenly been heating up in the past couple of days, and it's one of the few bullish signals today.
Here's the story: BlackRock announced yesterday that it has integrated the stablecoin product behind ENA into its risk management platform, which manages over $20 trillion in assets and is used by the world's largest banks, insurance companies, and pension funds.
As soon as the news came out, ENA jumped directly, surging by a significant margin. Given the generally weak market conditions, this kind of performance shows that the news is genuinely bullish and not just hype.
There's another
ENA0.40%
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BNB is now around 548u, there have been some big events these couple of days.
Today is the last day of Binance's EU license expiration, and starting tomorrow, July 1st, the new EU regulations officially take effect. Platforms that have not obtained licenses must cease services.
Binance bet on Greece, submitted the application for almost half a year, but Greece never approved it. Seeing that it was about to be formally rejected, Binance simply withdrew its own application and turned to reapply in France.
The problem is that France itself is investigating Binance for money laundering, so this pa
BNB0.15%
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MYX was previously analyzed at 0.085u. Some things have happened in the past few days, let's update.
Although the V2 upgrade went live, the price has not reacted at all and has been falling.
The most recent key signal is that on June 19, someone discovered a large wallet transferring MYX worth nearly 2.5 million into an exchange. Historically, such operations are basically preparing to sell off. After the news came out, the price accelerated downward.
There is also another issue: a minority token in the market is about to unlock. New chips coming in means new selling pressure, and the buy side
BTC0.74%
MYX-11.28%
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BNB is oscillating around 555u today, with no clear direction.
Today's range is between 551u and 570u, a very narrow range, with neither bulls nor bears having a clear advantage.
In the short term, 550u is the most critical support level right now. It has been tested once today and held for now.
But the resistance at 600u above still remains. As we analyzed last time, there is a batch of chips there that hasn't been absorbed, and every time it bounces back to that level, it gets pushed down.
The current state is stuck between 550u and 600u, with no breakout.
If 550u holds, you can try a small
BNB0.15%
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BICO just experienced a sharp pump and then a dump. Is this an opportunity now?
On June 20, BICO doubled in a single day to 0.12u, because they launched a new technology that allows AI agents to complete multi-step operations on-chain in one go, and market sentiment exploded. But after the hype faded, the price also dropped, and now it has fallen back to around 0.02u.
The logic of the pump is real; this technological direction is correct. The combination of AI and on-chain interaction is one of the hottest narratives right now.
But there is an issue that cannot be ignored. In May, the project
BICO-6.17%
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#USD1链上质押享年化9.48% XRP just hit the 1u level today, which is a critical defense line (psychological line). Last July, it peaked at 3.65u, and now it's dropped this much, and many people have already given up on it.
But I think now is a time worthy of serious attention. First of all, just a few days ago, Japan approved the legal launch of a stablecoin in the XRP ecosystem locally. This is the first time the entire XRP ecosystem has obtained a real regulatory ticket in Asia, which is significant.
Then on-chain data shows that a large amount of XRP has recently been withdrawn from exchanges. This
USD10.03%
XRP-1.13%
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I think this MYX coin is being somewhat ignored by the market.
MYX is for on-chain contract trading, backed by major institutions, and its fundamentals are fairly solid among coins of this size.
Last month, the protocol just upgraded. After the upgrade, a lot was opened—anyone can build markets on it. The direction is moving toward infrastructure. But after the upgrade, the price is still falling. Now it’s only 0.085u. Its historical high has reached 19u, but it’s been dropping fast and is now almost at the bottom.
I think the market is selling it off too harshly—mainly because the pressure fr
MYX-11.28%
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GateUser-a1ef8c08:
good
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