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-Michael Nadeau（@JustDeauIt）

The fairness of Meme coins is meaningless: the core lies in the narrative

Michael Nadeau deeply analyzed the concept of "fairness" in meme coins, believing that fairness is meaningless in the meme coin market. Retail investors can never obtain true fairness in Capital Markets, and the more they desire fairness, the easier it is to be harvested by so-called fairness. He mentioned that he observed a new meme coin this morning, which adopted the mode of burning gas for fair distribution, but the price quickly plummeted after a sharp rise, and retail investors began to complain about not pulling up.

He pointed out that if all the chips were distributed to retail investors, there would be no one to pull up the market. The direction of Financial Marekt is determined by a small number of large funds, and small and concentrated forces are much stronger than scattered retail investors. Retail investors want both low-priced chips and expect large funds to lift the sedan chair for them, which is simply unrealistic.

What is the core of meme?

Content narrative is the first principle of meme coin. Only content and narrative are the foundation of meme coin, and the so-called fairness is just a fantasy of retail investors, which ultimately leads to their being harvested.

See the original text: https://x.com/kiki520_eth/status/1848522450847600782

 

-Bluntz（@Bluntz_Capital）

GNON rebound opportunity: observe the entry after the third wave correction

Bluntz shared his views on $GNON. He increased his position after an 80% three-wave pullback and believed it was a major bottom because it had experienced a very obvious rise and fall before. He admitted that he usually misses the first wave of the big trend, but he always makes sure to participate in the second round of rise after the initial pullback.

See the original text: https://x.com/Bluntz_Capital/status/1848250365348622549

 

 

-Res（@resdegen）

$MEW goes public on Upbit, bringing more spot trading volume

Res announced that $MEW is now listed on Upbit and supports Korean Won trading. He pointed out that the USDT and BTC markets are not important on Upbit, and the listing of Korean Won is expected to increase spot trading volume by more than 50%.

$MEW is currently the only new meme coin listed on a centralized exchange in South Korea. The South Korean market is not very concerned about valuation, just like their previous enthusiastic reaction to WLD.

He also predicted that the next $MEW could be listed on Binance.

See the original text: https://x.com/resdegen/status/1848252885793935813

 

 

Aunt Ai (@ai_9684xtpa)

The ApeCoin project party is suspected of selling tokens through Wintermute/further market making

Auntie Ai pointed out that the ApeCoin team transferred 3.28 million APE worth 5.13 million USD to the Wintermute OTC address, and then these tokens were deposited into Binance. Wintermute is already a market maker for $APE and has been trading frequently recently. The price of APE has almost doubled in the past seven days and is currently quoted at 1.56 USD.

Addition: 10 hours ago, ApeCoin Treasury also transferred 4.60 million APE worth about 6.95 million USD to Wintermute OTC address. Today, Wintermute has received a total of 12.08 million USD worth of tokens, all of which have been deposited into Binance.

See the original text: https://x.com/ai_9684xtpa/status/1848553881443438600

 

 

- A very big orange (@0xVeryBigOrange)

US Election Arbitrage Strategy Sharing

A very big orange shared an arbitrage opportunity in the US election, with an expected price difference of 6-7% within ten days and a very high annualized return. He detailed the two legs of the arbitrage operation: one is to buy Harris to win on Polymarket, and the other is to buy Harris to lose or Trump to win on IB. As most people in the cryptocurrency circle are rushing on Polymarket, the odds of Harris are pushed up, resulting in a premium. Arbitrage is based on this premium return.

The current odds on Polymarket are 64:35.8 and on IB it is 59:41, so you can take advantage of this spread to operate.

Special reminder:

Orange mentioned that if Trump wins the hedging, there may be risks, such as Trump's accidental death. Therefore, it is recommended to choose the hedging that Harris loses, which is more secure. The specific operation will not be described in detail. He believes that the old leeks who read the post know how to execute it.

See the original text: https://x.com/0xVeryBigOrange/status/1848536339987501520

 

-Cryptophile（@Cryptophileee）

$SCR Airdrop = REKT

Cryptophile analyzed the $SCR airdrop and pointed out that it had almost no benefits for participants. He outlined the main content of the airdrop.

In order to obtain 200 marks, users need to pay a transaction fee of about 25 dollars to 40 dollars. According to the current marks/$SCR ratio, 20 marks is approximately equal to 1-3 $SCR, so 200 marks can only be exchanged for 10-30 $SCR.

According to the pre-market price, $SCR is about 1.2 dollars, so the final airdrop value brought by 200 marks is 12 dollars-36 dollars, while the actual profit is almost zero.

Conclusion: $SCR Airdrop = REKT

See the original text: https://x.com/Cryptophileee/status/1848443348308099180