youzi_chigua

After the Solana Meme $ANSEM kicked off, BSC came out with an $CZ to fight for attention. It managed to prop itself up for a day or two, but the hype then returned to ANSEM. Over the past two days, Robinhood Meme $CASHCAT hype has been surging; just now, $CZ was destroyed, and the hype seems to be back on BSC again. But I feel it’s still the same script as before, so I bought a bit of CASHCAT, hoping it goes up—just don’t let me get slapped.

Robinhood hasn’t really seen many people losing money—except me 🤡

Daily Hotspot Recap — July 11 ▰ Gate Exchange issued a statement regarding the incident in which users’ funds were stolen from 170w; in brief, the live proof was compromised. The affected users did not do anything wrong, but no compensation was mentioned. ▰ Robinhood Chain’s meme coin $CASHCAT: its market cap has surpassed 200 million. Besides the leading $CASHCAT, other meme coins have been rising fast and falling fast too—if you’re going to play, watch the risks. ▰

Daily Hotspot Review - July 6
▰ BTC MicroStrategy has sold 3,588 BTC (about $216 million) to pay dividends. It just sold 32 BTC a while ago, but this time the scale is much larger.
▰

Task 3️⃣: To subscribe to USDC demand financial management, you need to keep it in the financial product for two days to receive the reward. The requirement I received was to subscribe to 19 USDC demand financial management product—I’ve already placed it in. After two days, check the reward, and then I can move on to Task 4.

Task 2️⃣: Spot trading, trading volume needs to be > 500. I choose to trade BNB/USDT, first buy BNB with 251u, then sell. Both buying and selling count as trading volume. After completion, I get 272 BIGTIME, worth about 2u.

Today's pork knuckle rice is in hand, still following the same strategy: buy small amounts of strong-coin spot when prices are low.
Bought 50u of $M at 1.45 and 1.5 each, sold all at 1.65, profit 11u.
Bought 100u of $LAB at 7.5, sold at 9, profit 19u.

I also got to experience the thrill of playing with a strong-whale coin. I bought M at an average price of around 1.63 over the past two days, and just sold it at 1.8. But since I didn't buy much, I only made 30u in the end, roughly equivalent to one Alpha airdrop. Strong-whale coins are not suitable for playing contracts—the volatility is too high, and with frequent wicks, both longs and shorts can easily get liquidated. At low prices, playing small amounts in spot trading feels okay.