5 Major Events This Week Which Could Bring Volatility ?

1⃣ Trump vs. Kamala Debate: Wednesday at 6:00 AM IST

2⃣ US CPI Data: Wednesday at 6:00 PM IST

3⃣ Initial Jobless Claims: Thursday at 6:00 PM IST

4⃣ Core PPI: Thursday at 6:00 PM IST

5⃣ Consumer Sentiment: Friday at 7:30 PM IST

? Did retail leave from crypto forever?

I've discovered the thread of Miles Deutscher who made a deep overview on the current market situation from retail side and I liked his post

To understand the whole retail market situation, let's dive in far 2021....

At that time, on the market has happened BOOM and everything has grown on 2,500%, altcoins have broken all levels and gained 500X

As always, 80% of the growth has happened on 20% cycle, while was a stable retail come

Crypto = community != technology.

As bigger token price, as bigger hype crypto gains and based on this fact, VCs and investors invest more actively

But sometimes accidents happen, $UST, $LUNA, FTX....

➣ Why the next phase is coming so long?

After the beginning of 2022, negative in space was insanely huge and it has been growing exponentially

Retail players who joined in 2021, in 90% cases left from the space and sold most of their assets

We've been in depression...

But after BTC ETF and ETH ETF approvals, things have been started changing again and crypto became more attractive, since now it made the first step for regulation

This caused large inflows of liquidity, making it more difficult to distribute among the projects

➣ How has it been before?

Liquidity went into alts and pumped them, now it's concentrated in giant coins

And we have another side — lack of liquidity for new projects, Airdrops, listings and all that stuff

And until we wait for a huge inflow of new blood into the market, as it was in the 21st, everything will go in circles

But that's only my thoughts and I would really like to hear your point about the liquidity inflows ⬇️

? CZ permanently removed from Binance's management

Binance has permanently removed former CEO Changpeng Zhao from the company's management, but he will still have a significant influence as its majority shareholder

Earlier it was reported that CZ was limited to 3 years only

After the guilty plea, Zhao said that he did not intend to continue to hold the position of CEO and would focus on investing in blockchain, AI, and biotechnology companies

Source

$KAI Listing on Gate.io June 20

$KAI Listing on Gate.io: June 20, 10:00 AM UTC
Ticker: KAI1 due to conflict
Announcement Details: Available on Gate.io's official site
Kinetix KAI IDO: 69k+ participants, 43x over-subscribed on Apeterminal.

https://x.com/KinetixFi/status/1800976897485971528

? zkSync Airdrop: new interesting details

• Only 9203 wallets will receive 4.5% tokens of the total supply. Starknet distributed 5% of tokens to 500,000 wallets

• On DefiLlama you can see that +40% liquidity was deposited in a couple of days (Nov 20-24) and then withdrawn in just 1 day (Jan 9)

• Wallet 0x65f8dfc419b418ae82f289059d038428d038cd9a which has not made any transactions (DeBank) received an airdrop worth 917 $ZK (checker)

• Wallets that were on the sybil list and were not eligible for the Arbitrum airdrop have now received hundreds of thousands of $ZK (more on Dune)

• Bybit wallet received an airdrop worth $52,816 $ZK

• Many projects from the zkSync ecosystem have not received allocations and complain about zkSync:

- Element: "As the largest NFT marketplace on zksync, we didn't receive any airdrops, is this a joke?"

- zkApes: "We generated $15 million in gas fees for zksync, but received no airdrop in return. What a joke!!!"
Also, the project announced that it is teaming up with other projects from the ecosystem that did not receive airdrop to continue to put pressure on zkSync

- zkErafi: "Our protocol, which launched nearly a year ago on zksync, was founded on the promise made by former zkSync team members that building on this network would be rewarded.
However, the current allocation approach appears to contradict this commitment, leaving our project and our dedicated users marginalized"

- Woofi: "Recently, an oversight by the zksync team has left WOOFi users without a share in their airdrop allocation"

- zkPEPE: "We are heartbroken and outraged by the exclusion of $ZKPEPE from the project allocation despite our significant contributions to the zkSync ecosystem"

- RollupFinance: "we didn't get any reward for our contributions. zkSync are you serious??"

- ZksyncID: "Our users excluded"

New Project: Petoshi

? Merge your Twitter usage with blockchain through Petoshi, a Chrome extension that gamifies your social experience while rewarding you with crypto.

?IDO is on 3 Launchpads;

?Catamoto
?Tenset
?GameFi.org

? Heard Japanese investors were onboarded and IMC is $570k expecting some big volumes from Japanese community.

New Incubation: BridgeM

BridgeM is a leading decentralized interoperability protocol that seamlessly connects Ethereum Layer 2 and Bitcoin Layer 2 networks.

? Backed by Poolz Ventures and many chains
? The infrastructure on MantaNetwork, MerlinChain, Parallel Network, Bitlayer, BEVM and other chains
? Investors: DigitalRealm Labs, Creek Labs and others
? Cross-chain Liquidity aggregators
? Cross-chain Staking Provider

*? Tractions
? Total Bridge Value $180M+*? +30k unique users? +300 KOLs globally
? +80k Social media followers

Registration Link: https://poolz.finance/project-details/about/241

Like & Repost:
https://x.com/Poolz__/status/1798293715833724968

? List Project TGE / Mainnet On June

1. Taiko : June 5th
2. Ultiverse : June 6th
3. Bondex : June 11th
4. Ethermail & Tea : June 12th
5. ZkSync June 13th
6. Lista : June 20th
7. Zklink : June 25th
8. Blast : June 26th
9. Xion : June 28th
10. Swell : June 30th
11. Layerzero : June 30th
12. Mocaverse : June 30th
13. Avail : June 30th
14. Over : June
15. Ruby : June
16. Memefi : June
17. Dop : June
18. Mande : June
19. Onchain : June
20. Subsquid : June
21. Ionet : June

This month is going to be very hottie ?

ℹ️ Introducing the Petoshi project

In fact, #Petoshi is a decentralized app and extension for #Chrome that is available for download from the Chrome Web Store. Once installed, users can link their Twitter accounts to the extension and begin their journey through the world #Petoshi . The extension integrates seamlessly with Twitter's user interface, adding an interactive layer to the platform.

Next, #Petoshi transforms Twitter into a useful and interactive ecosystem by combining elements of gamification and decentralized finance (DeFi). Users can earn cryptocurrency rewards by using the plugin and enjoying their regular Twitter activity.

Do you have any other questions? You can contact them through social media pages.

? Website
? Twitter
? Telegram