Here's a recap of the recently discussed coins, some good and some bad:
APT: Heavily impacted by the crash, but Jump has enough depth as a market maker on the order book, with the lowest price within a reasonable range. The first wave of rebound saw large holders shorting for profit, which made the funding rate look terrible. The team needs to boost confidence here; let's wait for the price to recover.
Eigen: Last time bought in at 1.6 and sold around 2.0, should have made a profit. No strong opinions at the moment.
Kaito: Called at 1.05, peaked at 1.6, now at 1.15. Sold more at 1.4 yesterday but bought back some. Still the most stable coin in this market, and I remain optimistic. Recently paused buybacks to accumulate some Treasury, which is a good thing. The expectations for new coins like Coai are still strong, and Kaito's value remains.
XPL: No more comments, I feel like an idiot. Thought it was Jup but it turned out to be W. Such high consensus and attention faced with unlimited selling, what can I say? I've lost a lot of money on this.
FF: DWF remains consistently stable, creating a new way to pump Alpha while offloading. Socially speaking, I didn't follow up, but next time I encounter something like this, I can short after the opening.
Mira, Open: Made money shorting Mira, lost money going long on Open. The core of new coins still depends on whether they can offload; I'll remember this next time.
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