The key market information on June 2 is poor, be sure to see it! Alpha Morning Post
Highlights
1.Vitalik: Ethereum will expand L1 by about 10x in a year, "take a breath" before the next
leap2.South Korea's parliament is considering a tokenized securities bill, which is expected to pass after the presidential election
3.CZ: Now may be a good time to launch a dark pool perpetual
DEX4.LABUBUMARKET CAP TOPS $67 MILLION,24 Hourly increase of 22.8%
5.List of unlocked data this week: ENA, EIGEN, TAIKO, etc. will usher in a large unlock
tokensArticle&Threads
1.Confession of the "landed leek" in the cryptocurrency circle: How did I outperform BTC and steadily achieve A8? This
article shares the author's experience of how to achieve an eight-figure fortune through cryptocurrency and aim for a nine-figure goal. The core lies in designing a long-term compounded portfolio, emphasizing discipline, patience and realistic expectations. The author consistently outperforms Bitcoin by holding Bitcoin, borrowing funds for short-term trading, cyclical ace investing, and angel investing, while protecting downside risks. The key to success is to focus on your circle of competence, avoid chasing short-term profits, and enjoy the investment process to achieve solid wealth growth.
2. "Justin Sun in conversation with Eric Trump: Beyond the political moat, USD1's secret weapon to win the stablecoin market".
In this discussion, Justin Sun, Zach Witkoff, and Eric Trump have a conversation around World Liberty Financial and the future of cryptocurrency. They criticized the traditional financial system for its low transparency, poor accessibility, and inefficiency, emphasizing that the USD1 stablecoin is committed to bringing financial freedom to the world's 1.4 billion unbanked people by providing transparent and fast cross-border payments through blockchain technology. They believe that cryptocurrencies will disrupt the outdated banking system, and that the innovation environment in the UAE and the United States under the new leadership will lead the change.
Market data
Daily market overall funding heat (reflected according to the funding rate) and token unlocking
data source: Coinglass, TokenUnlocks