I still recall the NFT hype of few years ago. It was the most popular form of digital art then, thought it will stand the test of time probably 10 years but unfortunately today NFTs have not only faded, it has lost value. Few years ago when NFTs were making headlines, people bought them at ridiculous prices hoping to get rich quick on the long run. At some point it was sold at fund raising events which was cool.

I still recall when the internet when Justin Sun bought a banana-on-a-wall art piece for $6.2million, in his case he didn’t buy it for profit he said he bought it because the piece represented a cultural phenomenon that bridges art and the crypto community. But presently i think it’s safe NFTs don’t stand a chance to go mainstream anymore, even though they were seen as a key part of Web3 ecosystem then, it doesn’t hold no real utility to make it significant now.

I wonder if OpenSea and Doodles still generate enough revenue from NFTs anymore because now everyone cares more about AI, ChatGPT than NFTs.

There’s a couple of times i would read a project whitepaper and i would presume it’s just a stretch. I mean some recent projects are just rebranding what’s been done in the past years.

I came across this project Shardeum that claims to be an EVM-based L1 blockchain that uses dynamic state sharding to address scalability trilemma. To achieve low gas fees, high speed and a more decentralized system. Basically, it operates the sharding process.

Algorand also claimed to have solved the “blockchain trilemma” with PPoS(Pure Proof-of-Stake) but has this challenge been solved ?

The crypto space is always interesting, major CEXs offer different opportunities here and there and sometimes I don’t even think much to them because some offers seem too good to be true.

It’s funny how exchanges are giving rewards to memecoin traders more now, seriously when i saw there’s a reward for $MYX traders earlier, I thought to give it a shot. It seems with Dogecoin and Shiba Inu ETFs going through approval, focus is kinda shifting towards the memecoin narrative, like I’ve been observing alot. You can imagine how shocked i was when i saw $donkey doing over 2000%. Everything is getting more interesting, what do you think of this shift in narrative ?

I remember when I started participated in launchpools, personally it one of the avenues i take to maximize my tokens. I even told one of my friends but then but he seemed less interested he didn’t like the idea of locking up one’s allocation while on the flipside, i hop on any opportunity offered by my exchanges to lock and get more.

As opposed to memecoin trading that can be highly profitable and highly risky as well, I prefer launchpools as they are less risky. Though I haven’t participated in any this year but when i saw OBOL on Bitget launchpool, i thought to start with it this year. I’ve also participated in Bybit lauchpool as well to see which one i would prefer. Traders often have mixed sentiment about this but what’s your take ?

I remember few years ago when one of my friends introduced me to crypto few years ago, do you know this guy introduced me because of a invite to earn contest he was participating in on an exchange. Whenever I remember it amuses me because i am more invested in crypto now than he is because he ventured into another industry.

Well, thank God for that day, if not i wouldn’t have been interested in crypto not to talk of investing in it. I’ve heard different stories about this, what’s yours ?

The crypto market is currently bullish rn, and i’m finally feeling optimistic again. I won’t lie i’ve been thinking about premarket trading lately because the past few ones i traded made me good returns.

I’ve seen there’s mixed sentiment when it comes to trading tokens on premarket and i can’t overlook the fact that it’s highly risky but when i check the technicals, the volume and liquidity of the token i have in mind, it has helped me a long way. Also, most especially its usecase. I remember when i traded Grass on premarket, the return was quite good, recently went for Initia and now I’m thinking of getting my hands on Sign after realizing, it’s powers tools like TokenTable.

But what would you check for, if you were to trade a token on premarket today ?

Following Bitcoin price, since April 22 we’ve seen it fluctuate between $91500 and $94500 and many are monitoring its price movement. Traders are uncertain and finding it difficult to predict its next major price action. Personally, i keep thinking if the price consolidation will end this week and hopefully we see a break through above $95k.

What’s your opinion, do you think it will pass above the current resistance zone of $95,000 in a few days or not ?

Personally, i think we’ve done enough when it comes to crypto adoption. I mean i think currently we don’t need to onboard more people into the crypto space at this point. I know the industry is ever-growing and there’s already a solid user base actively participating.

I got to know this social network ZORA, which i saw on Binance and Bitget that claims to reward users with crypto tokens and honestly, i don’t really understand why a social media network would tokenize it content with the aim of crypto adoption.

It got me thinking about its reason behind handing out tokens to drive more adoption, especially when the main purpose of that adoption is not really aligned. I’ve noticed the more people we bring into the space, the more diluted it becomes as most of the new users are  into crypto to explore memecoins, hoping for quick profits without knowing the risks that come with it. Some don’t even know how to trade to the extent of understanding the ecosystem. They are just here for the hypes.

I think instead of pushing adoption through social platforms, it would be better if governments and more institutional investors begin to accept crypto as this will increase market stability and bring in more liquidity. It’s not about growing numbers anymore, we should maintain the quality of the space.

I’m curious though, what is your opinion about this ?

I’ve heard a lot of crypto enthusiasts say they can’t be involved in the gamefi industry as much as they used too. Simply because the ecosystem is kinda declining in value with many projects failing and their tokens price dropping and i keep thinking about the reasons the gamefi sector failed despite its huge potential.

I keep thinking could it be lack of interest in investors or could it be the ecosystem is lacking in value because i think gaming projects should come up with more solid ideas rather than the common play-to-earn format.

Seriously, i’v been thinking if AI could solve the problem a bit, i mean if AI is implemented to improve projects use cases beyond the typical P2E then maybe we could see some improvement. Honestly, when i saw this gamefi project, Balance was to list on Binance and Bitget, I thought would this be another project that won’t happen to see the end of the day. Hopefully, the gamefi sector growth increases this year.

In this case i mean do you even trade a bit of your BTC portfolio for short term gains ?
Personally, i prefer to hodl Bitcoin and trade altcoins but to be honest, trading also brings in good returns when you’re sure of your trading skills and you’ve researched and analysed the market well.

In my case, i started BTC trading when i came across a BTC trading competition holding on one of the exchanges i use. It was then I decided to give it a shot to trade a small portion of my portfolio since it was based on users activity. Even though, i’m big on long term holding, i think i’d be trading once in a while now for short term gains. What made you trade BTC and how long has it been ?

Personally, i don’t really trade tokens on premarket as i think it’s best to buy low and sell high which is the strategy i’ve been using for some time now, i only buy tokens I’ve done my research on but recently i was having a conversation with a friend about Binance announcing $WCT and told me he has been making good returns from trading it on Bitget premarket a month ago.

Following this announcement, the hype surrounding it is rising and considering how well it’s been performing so far, users are allowed to stake to get rewards and according to my findings, over 50 thousand users have staked hundred million tokens so far. With this i actually think the price will move uptrend since it’s circulating supply is just 186M, i’m thinking of investing in it now as buying tokens early has been very rewarding lately. What do you think of it ?

I’ve been thinking for a while now about how people make profits from degen trading and memecoin trading. I do invest in altcoins but as a part time trader i do trade spot and futures once in awhile through which i’ve made fair returns but i’ve been wondering how some investors get hold of tokens early before they are launched.

I know they might be some insider groups which they might have joined, I’ve heard of Binance early airdrop and Bitget onchain through which investors bought $RFC early. When i saw the returns i had to start thinking of how i can also buy tokens early. This is what led me to ask how you discover tokens early as a traders.

I’m sure by now you should be aware of the malware that is targeting crypto wallets. Don’t underestimate the risk this malware can put your crypto apps in. So here are few tips to help avoid it.

1.You should avoid clicking on random links come across or downloading attachments from unknown or unexpected sources; it might be on your social media account or through emails.

2.You should install and update the antivirus you have on your PC.

3.You should turn off unnecessary remote access and also use a firewall to block fake connections.

4.Always check for emails that gives a sense of urgency to take a quick action.

5.Check if there isn’t an unsual activity in your PC.

6.Also remember to scan for malware regularly on your computer

7.Use strong passwords and passkeys. Also apply 2 factor authentication.

8.Use a different device for your financial operations if possible.

So, these are some few tips that i think can help you avoid malware attack. Stay SAFU!

I’ve been following $PI price action after it got listed and it been performing well so far. I remembered it listed at $3 then plunged back to $0.6 and after a day or two it reached the $3 mark again before settling back to $2.

I’ve also been coming across speculations of its growing potential like Bitcoin even though i don’t believe it will reach BTC price in the next decade but i think at this point, it’s safe not to tag it a shitcoin as I’ve read about its use case in one or two events. For instance, i read an article stating that it’s currently been use for payments in some country while it’s been adopted in the U.S as payments for cars and real estate.

I’d say it’s great seeing it isn’t affected by the market sentiment and for the first time in a long time i noticed most users were not quick to sell a newly listed project but decided to HOLD instead. I’ll just like to warn them to avoid scams because right now a certain wallet is allegedly holding over 12 million units of PI which is as a result of users naivety. Make sure to make deposit to CEXs only and also exchanges hold events like this Here to reward users with more PI tokens, you can take advantage of that.

Anyways, I would like to know what you think of PI adoption. To what extent do you think it will reach?

The fact that Gold market capitalization is larger compared to Bitcoin can’t be overlooked but i would rather keep adding Bitcoin to my portfolio than holding on to Gold for several years. I’m aware some would rather invest in Gold for its long-term stability and also for generational wealth purpose which is applaudable reason why I’m curious if you can keep Bitcoin for generational wealth.