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jidasounish

@jidasounish

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Rumors of Bitcoin ETF approval have resurfaced, often sparking price volatility. Historically, such speculation drives short-term BTC price surges—e.g., a 5-10% jump in hours—as traders anticipate institutional inflows. On-chain data shows institutions currently hold ~20% of BTC supply, with inflows rising 15% monthly when rumors peak. However, approvals often lead to “sell-the-news” events, as seen in January 2024, when BTC dipped 8% post-ETF launch despite $1B initial inflows. Without sustained institutional buying—potentially $5B+ over months—price gains may fade. Market sentiment remains key, but concrete data on new inflows is still unclear.
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Optimism’s second airdrop, distributing 11.7M OP to 307,965 addresses in February 2023, aimed to boost governance participation and user retention. Data shows initial engagement spiked, with 88k addresses voting on 90+ proposals post-airdrop. However, retention rates remained low, with nearly 90% of recipients holding zero OP balance later, indicating weak long-term incentives. While it rewarded active users and delegators, predictable criteria (e.g., governance voting) were easily exploited by bots, undermining genuine community growth. Compared to Airdrop 1, it failed to sustain engagement, suggesting multi-round airdrops need better segmentation for lasting impact.
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Airdrops can greatly affect token prices, typically triggering brief surges then declines. For instance, Uniswap’s 2020 airdrop peaked at $42.88 per $UNI, reaching a $6.43B valuation, and Arbitrum’s 2023 airdrop hit $1.97B at $1.69. Yet, 88% of 2024 airdrops fell within 15 days, driven by liquidity and FDV challenges, highlighting short-lived boosts and instability.
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In the streets full of fireworks, riding a small electric car shuttles back and forth, the shallow sunshine falls, and the sunset is the way home.
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To be back in nature, to be free, to run, to be happy, to relax.
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It's the style I like;
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Hayao Miyazaki's summer
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The four seasons of the Alps
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The flowers bloomed all over the mountain
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Miyazaki's Summer
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Hayao Miyazaki's painting style
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Hug each other under the flying clouds
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Every second counts
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Once upon a time, carriages and horses were slow, and letters were long
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The ants are moving under the tree, the sparrows are chirping in the sky, and my mother says that the world is big, waiting for me to explore it
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Mountain scenery
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When Hayao Miyazaki meets summer, this is the world of our dreams!
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When you're tired, come to the countryside for a walk, Smell the fragrance of the earth, Listen to the birds, Breathe fresh air, Simple and beautiful, Without the bustle of a big city, But there is the purest simplicity in the world, The smell of fireworks in the world is the most soothing to the hearts of mortals.
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Here, worries are swept away by 🌊 the waves
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Summer in Xinjiang
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