There are too many “big melons” of amber recently. First, something happened to Bitmex, and then OK. In the panic, many users cut meat and sell assets at a 20% discount, and the USDT price has been falling. Coupled with the good recovery of China’s economy, the RMB exchange rate has been rising. Combining the two factors, I did not expect that the short positions holding stable currency USDT would be “cut”!
How to do? How to hedge this risk?
What else can you do if you lose? Finding a way to earn it back is just chanting. Among them, playing new coins is such a safe way. Every time you hit a new one, no matter the stock market or the currency market, you will definitely not be able to eat meat, but you still have a chance to drink some soup.
This time I will talk about the new GJ Gallop I plan to participate in.
What is GJ Gallop?
According to the official description: GJ Gallop is GJ Bit International’s innovative digital asset issuance platform. Gallop in Chinese means “flying, galloping”, which symbolizes the rapid development of the blockchain world and also represents young people who are actively embracing new technological trends. A generation, and a new paradigm of encrypted finance in the future. GJ’s vision is to become the Nasdaq in the blockchain world, providing users with high-quality assets and services, making it easier for value investors to make money. It is precisely because of this vision that GJ was favored by a lot of capital in the early days.
And GJ Gallop will continue to explore projects with innovative technologies, good economic models, and high consensus to help you accelerate your wealth.
understood! It’s a place for new projects! However, any new launch depends on both the platform and the project. Let’s take a look at Gallop’s past performance.
The first two projects launched by GJ gallop were GP (GJ Pool Token) and NFT. After the opening of the two phases, the trends are as follows:
Among them, the first phase of the project GP, the purchase price of 0.0143U, the highest price after the opening rose to 0.039U, an increase of 280% of the original price; the second phase of the NFT project, the purchase price of 0.0282U, all the way after the opening, rose to 0.099U, the increase reached 350% of the original price.
It can be seen that the price performance of GJ’s project has been pretty good within a period of time! It also means that there is something going on here.
Let’s take a look at the specific project
The new project in this issue is KTK Protocol (ktkprotocol.com), KTK protocol, KTK is a non-trusted decentralized financial contract specification, which is a synthetic asset agreement. KTK defines a decentralized protocol to realize financial creation, purchase and settlement of any underlying asset contract, and introduces a new system to maintain margin collateral so that market participants can trade without counterparty or settlement risk .
The KTK agreement has the following highlights:
1. Smart contract: Since the KTK agreement is fundamentally an agreement between two transaction parties, the public addresses of both parties are recorded in the smart phone when the agreement is signed.
2. Self-regulated margin account: The KTK protocol uses smart contracts on the decentralized Ethereum VM to implement a self-regulated margin account; this makes the KTK protocol completely untrusted and decentralized.
3. General framework: KTK achieves this by defining a general framework that can define financial contracts to achieve this mutually agreed economic terms, termination terms and margin requirements.
KTK’s vision is to be the CME Chicago Mercantile Exchange in the DeFi industry.
Everyone knows that DeFi is the current hot spot in Amber. Although it is still being adjusted in the short term, the future prospects can be understood by thinking. Therefore, the KTK project is worth a try.
According to the official website information, the total number of KTK is 1 billion, which is the same as the number of UNI; the new quota released by the project party is 20 million, which is 2% of the quota; each coin ticket (20USDT) can purchase 20,000 KTK, the unit price About 0.7 cents; at this price, the initial market value of the project is 40,000 US dollars. Very underestimated the conscience project!
Experienced old leeks know that a high valuation of a project means a high probability of losing money. For example, a buddy who bought EOS for 150 yuan in 18 years and a person who bought Beam for 20 yuan will have a long way to go. However, the project is undervalued and the probability of making money is very high. This is actually the “cigarette butt investment” of Graham, Buffett’s teacher.
The KTK subscription start date is November 4th to November 6th (interested users can join the official GJ qq group 871234327 to participate in the discussion), get ready!
