On-Chain Gold Rush: How We Made $50 Million Sniping Altcoins
Summary In August 2020, the author and his brother started with $50,000 and began their path to immense wealth by sniping newly listed altcoins on Uniswap. Initial successes with tokens like YMPL and VIDYA yielded profits ranging from tens of thousands to over a hundred thousand dollars in short periods. They continuously upgraded their technology: monitoring the Ethereum mempool to catch "add liquidity" transactions for same-block buying, deploying smart contracts to optimize buy strategies ...
On-Chain Gold Rush: How We Made $50 Million Sniping Altcoins
Summary In August 2020, the author and his brother started with $50,000 and began their path to immense wealth by sniping newly listed altcoins on Uniswap. Initial successes with tokens like YMPL and VIDYA yielded profits ranging from tens of thousands to over a hundred thousand dollars in short periods. They continuously upgraded their technology: monitoring the Ethereum mempool to catch "add liquidity" transactions for same-block buying, deploying smart contracts to optimize buy strategies ...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch Expectations?
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch Expectations?
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
Tether's Two Faces: USDT's Gray Empire and USAT's Compliant Doppelgänger
Tether is launching USAT, a compliant stablecoin for the U.S. market, in an attempt to shed its "shadow dollar" gray image and formally enter the U.S. regulatory system. This strategy advances on three fronts: * The Political Card: Appointing former White House advisor Bo Hines as CEO of USAT, leveraging his policy experience to strengthen communication with regulators. * The Asset Card: Partnering with Wall Street primary dealer Cantor Fitzgerald to ensure USAT reserves are primarily backed ...
Tether's Two Faces: USDT's Gray Empire and USAT's Compliant Doppelgänger
Tether is launching USAT, a compliant stablecoin for the U.S. market, in an attempt to shed its "shadow dollar" gray image and formally enter the U.S. regulatory system. This strategy advances on three fronts: * The Political Card: Appointing former White House advisor Bo Hines as CEO of USAT, leveraging his policy experience to strengthen communication with regulators. * The Asset Card: Partnering with Wall Street primary dealer Cantor Fitzgerald to ensure USAT reserves are primarily backed ...
From Meme-Coin Graveyard to Prediction-Mania
1. The Solana Meme-Corpse in NumbersMetricPeakNowDropNew-coin fail-rate—99 %—Solana fee revenue$6.7 M/day$0.67 M/day–90 %DEX weekly traders120 k<12 k–90 %Insider rugs, KOL dumps and zero liquidity turned the once-magical pump-fun conveyor into a PvP cage-match where the biggest winner is the chain itself—now collecting 90 % less in tolls.2. Prediction Markets: the New Dopamine Drip a) Fairness – outcome signed by Reuters, not an anon dev. b) Regulatory green-light – Kalshi beat the CFTC, bagg...
From Meme-Coin Graveyard to Prediction-Mania
1. The Solana Meme-Corpse in NumbersMetricPeakNowDropNew-coin fail-rate—99 %—Solana fee revenue$6.7 M/day$0.67 M/day–90 %DEX weekly traders120 k<12 k–90 %Insider rugs, KOL dumps and zero liquidity turned the once-magical pump-fun conveyor into a PvP cage-match where the biggest winner is the chain itself—now collecting 90 % less in tolls.2. Prediction Markets: the New Dopamine Drip a) Fairness – outcome signed by Reuters, not an anon dev. b) Regulatory green-light – Kalshi beat the CFTC, bagg...
InfoFi Cools Down: Rule Upgrades, Shrinking Rewards, and Platform Transition Dilemmas
InfoFi platforms are facing multiple challenges, leading to a gradual exodus of creators and projects. Key issues include: Rule Upgrades Impact Users: Kaito has raised content thresholds to reduce low-quality content, but this has slashed earnings for many accounts, affecting both small and large creators. Some projects have removed thresholds to attract users. Significant Decline in Earnings: Token allocation ratios are too low (typically 0.5%-1%). Creator rewards have dropped from tens of t...
InfoFi Cools Down: Rule Upgrades, Shrinking Rewards, and Platform Transition Dilemmas
InfoFi platforms are facing multiple challenges, leading to a gradual exodus of creators and projects. Key issues include: Rule Upgrades Impact Users: Kaito has raised content thresholds to reduce low-quality content, but this has slashed earnings for many accounts, affecting both small and large creators. Some projects have removed thresholds to attract users. Significant Decline in Earnings: Token allocation ratios are too low (typically 0.5%-1%). Creator rewards have dropped from tens of t...
