On December 10th, the account was a little credited again.

Let's talk about yesterday's HumidiFi, this wave of new hits is really fragrant - 300% yield, I mentioned half of it to a certain exchange. Someone asked if I could continue to take it? I think it can, after all, the head platform has not yet been launched, and the market value has just started, and it is often a good shipping window when those big platforms are officially announced.

The logic is very clear: the project itself is solid, the pre-sale price is low enough, the token is fully circulated without lock-up, and the aura of JUP's initial launch is blessed. To be honest, there are more and more opportunities on the Solana chain, and the title of Wall Street on the chain is not in vain, so it is recommended to pay more attention.

Let's take a look at a few new projects that have emerged recently:
- Octra: Open December 18-25, presale valuation of 200 million
- Gensyn: December 15-20, UK auction, valuation range 1 million to 1 billion floating
- Rainbow: December 11-18, presale valuation of 100 million
- FootballFun: TBD, valuation information has not yet been released
- Superform: As of today, the presale is valued at 90 million
- Fogo: First come, first served on December 17, valued at $100 million, but the unlocking mechanism is not very friendly
- HashKey: IPO presale from December 9th to 12th

Frankly speaking, these projects are either outrageously priced, or the unlock terms are disgusting, and there is a real possibility that there is a bit of room for gambling. At this stage, high-quality targets should be heavily positioned, and garbage projects should not be looked at.

Recently, I have seen a lot of bullish voices coming out - the Fed cut interest rates today and the QT shutdown, liquidity is indeed relaxing, which is a support for Bitcoin in the short term. But I personally think that at most this supports a wave of rebound, and if it wants to rise in the long run, it depends on whether the crypto industry can compete with it: is there a large-scale application landing? Are there more substantive benefits at the policy level? If these do not keep up, it will rebound in the short term and will not rise to new heights. Summary in one sentence: Iron still needs to be hard.

By the way, Putin on the Russian side recently stated that "no one" can ban Bitcoin. This statement is a shot in the arm for the faith faction.

Yesterday, I shared an analysis of 16 DeFi projects on Twitter, and if you are interested, you can flip through them, and if you want to have a deep conversation, come at any time.

The above are my personal opinions and do not constitute any investment advice.