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@leehoo
2024-6-12 BTC NEWS 1. $BTC fell below 66,500, and the entire market seemed dead. Altcoins dropped significantly, with some even unable to fall further. 2. $ETH remains very weak and is being ridiculed by many.
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3. @zksync Airdrop check appeared, with most people losing out while a few made a fortune. The project team reserved a large number of tokens for themselves. They previously claimed not to check for sybils, but later it was found they didn't check their own.
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Suspected @LayerZero_Labs sybil addresses are largely the same as @zksync has large airdrop addresses. @VitalikButerin's address received no zk airdrop.
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@leehoo
4. As token prices fell, the AI alliance merger was postponed by a month. $AGIX $FET $OCEAN prices dropped, delaying the merger. 5. DUNE404, supported by Animoca, will start minting on MagicEden on June 13.
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6. @ionet went live on @binance but underperformed expectations. However, it provided ample time to get in. Friends mining around say it takes 8u to break even.
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@leehoo
7.@0xMantle announced a strategic alliance with the decentralized exchange Vertex. 8. Unagi unveiled UNA tokenomics: 22% allocated to game and community rewards, 11% allocated to Binance Labs.
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9. Yesterday, GBTC, BITB, and ARKB saw a net outflow of $189.2 million. Net inflows can't reach new highs; will net outflows break the lows?
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@leehoo
10. Watcher.Guru: The Industrial and Commercial Bank of China praised the development of Bitcoin and Ethereum, comparing Bitcoin to gold. Group members were excited for a long time last night, but nothing happened, and the decline continued.
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@leehoo
11. Democrats say the Fed should lower interest rates because the restrictive stance is increasing inflation. 12. TokenFi plans to release Token Launcher and Launchpad this year.
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@leehoo
13. $PIZZA reached 9u on the first day of listing but is now nearly halved. 14. The US stock index reached an all-time high. So don't even mention small US stocks, it's embarrassing.
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@leehoo
This market is really tormenting, especially for those with leverage. On-chain trends are also short-lived, with many big players frequently issuing tokens and then withdrawing liquidity. It's extreme.
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