老八只白嫖|Oct 30, 2025 04:25
Around 230 million, kept playing around with Binance Life!
These past few days, the memecoin market has been a bit frustrating—neither going up nor down. People say it's a bull market, but there’s no sustained momentum for new projects on-chain every day. After x402 fizzled out, there hasn’t been anything to follow up.
Yesterday, the POKER promoted by Old Ma and CZ’s statue, CZSTATUE, were just one-off hype. The market cap of a few million seems to be the ceiling. All that back-and-forth trading feels pointless, and the cost-effectiveness of buying in keeps dropping.
If we call it a bear market, there haven’t been any major black swan events or significant crashes. The remaining big and small projects are consolidating at low levels. Liquidity has weakened, but the funds haven’t completely left—they’re just waiting for signals while observing. At this stage, playing with new memecoins is risky and uncertain. Better to move less and watch more.
Today marks the third time I’ve bought Binance Life in batches, with a cost basis of roughly 200 million. Mainly because I saw Wang Xiao’er (@brc20niubi) also continuously adding to his position yesterday, probably thinking the same as me.
Right now, I’ve got Solara in my left hand and $Binance Life in my right. This is the most stable move when the market direction is uncertain. If the market continues bullish, these two on-chain leaders are bound to rebound and have the best potential for further gains. If the market turns bearish, even if it drops, I’ll buy the ones that drop the slowest to give myself enough time to escape.
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