Editors Note: This article comes fromChatting with Xiaozha (ID: xiaonazha88), reprinted by Odaily with authorization.
Editors Note: This article comes from
Chatting with Xiaozha (ID: xiaonazha88)
Chatting with Xiaozha (ID: xiaonazha88)
In 2020, we have witnessed many historical moments.
In 2021, do you want to witness the magical world? American retail investors have joined forces to encircle Wall Street giants, and this drama has been wave after wave.
After reading this melon, I feel that the world is too crazy and we need DeFi. The world is too crazy, which will boost the rise of DeFi.
Recently, DeFi has been rising, and the faucet has been soaring. It is a taste that even if you buy a faucet, it will rise.
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1. Only institutions are allowed to short, retail investors are not allowed to buy
The financial big melon in 2021 has seen the power of retail investors and the shamelessness of financial institutions.
As the saying goes, if things go wrong, there must be monsters. The GME thing is very magical, and there is a high probability that we will see many more in 2021.
Let’s talk about the magic of last night. GME’s publicity on social networks attracted a large number of people rushing in to carve up the short-selling Wall Street giants.
However, at the opening of the market, buying is not allowed, only selling is allowed. Is this to let institutions run first?
After major U.S. brokerages banned retail investors from buying GME, the price also dropped from $480 to $110.
But the retail investors did not give up, and started to buy from the banks brokerage interface (this channel is not blocked), and the price was pulled back to 270 US dollars.
This wave of money-grabbing operations by brokerage platforms such as Robinhood in the US stock market and Wall Street short-selling institutions, which allow institutions to short-sell and prohibit retail investors from buying, has aroused the anger of retail investors and the dissatisfaction of external public opinion. Its too ugly to eat.
Although they usually dont do evil, but at critical moments, they will do evil without fear in front of the whole world.
It is still impossible to do evil and do good, and the blockchain has changed from not doing evil to not being able to do evil. The matter of GME seems to be extremely important to promote the development of DeFi.
The boss of Grayscale has announced that capital will flow into cryptocurrencies.
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2. NFT, the first 100 times coin
Flow was launched on Kraken, with a peak of more than $10, and the price at the time of writing was $7.4, while Flow was at $0.1 at the private placement price, Flow, a hundred times currency in NFT.
Of course, the privately-raised coins of Flow have not yet been unlocked. But this seemingly profitable effect can attract people to enter.
What is Flow? Flow is a fast, secure, and developer-friendly new Layer 1 blockchain built for games and other digital assets. Representative products include CryptoKitties, Dapper Wallet, NBA TopShot, etc.
Flows application NBA TOP SHOT has been out of the circle, and has long been ranked first in NFT transaction volume in terms of transaction volume. At the same time, it is supported by top institutions such as Coinbase A16Z and USV.
The wealth effect of the NFT track is slowly accumulating. With the first 100 times currency, and then some other wealth effects, then users will flood in.
However, for how to play NFT, I said that I don’t understand it, and it feels a bit like an antique calligraphy and painting, as shown below.
