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3xcalibur's Recent Developments: A Potential Crypto Moonshot?
3xcalibur's Recent Updates and Potential Moonshot
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You should interact with XCAL as well so you could position yourself for Credit protocol drops, check out twitter for Venom and Sei Network as I mentioned earlier, I think we all have interacted with the ZK latforms
Back in 2020, I was in a similar position. I didn't have any money or a job, but I started looking for jobs (remote and office) to keep a steady flow of cash. Then started buying dips in big coins like Bitcoin and Ethereum. Started looking into new chains like arbitrum, optimism, etc. I was also on the lookout for ways to farm airdrops in the cryptocurrency world. It can change your life. From ARB and OP airdrops, I made a good amount of money. After FTX went down, I started reinvesting in low-cap projects like GMX because DEX was always in the news. Right now, I'm collecting airdrops from ZkSync, Vel exchange, and credit protocol (testnet hasn't started yet, but veXCAL lockers will get an airdrop or 25% of CREDIT platform fees will be changed for XCAL). The bottom line is that you can make some money, even if it's not enough to change your life, if you know what you're doing and have a plan. Airdrop farming is very helpful. Some of my friends made money from memecoin mania but however, I will not advise this route.
Seeing tons of airdrops posts these days, I'm just looking forward to the MOON distribution coming this month :) Other than that, I interacted with Zksync, and hoping to get some tokens next year when they decentralize the sequencer. I also bought XCAL and locked it for CREDIT airdrop.
Yeah right, i can own 2-3 lambos now from my PEPE meme. Jokes apart, it's all about survival until the market situations improves or we begin the bull run. The market moves in cycles ser, gotta respect it. 2024 halving is a good narrative for the bull run foundation, until then buy the dips on spots(BTC, ETH, ARB), farm some airdrops (XCAL for CREDIT), keep the cashflow running via ETH or stables staking. And definitely keep the assets off the centralised exchanges!
Smart contract alternatives should be paid more attention to. It's what makes L2s so appealing. Polygon has worked hard to get people to use its chain, and it has been very successful. Usually, I jump from one chain to another. Right now, the Arbitrum chain is very popular. The TVL on Arbitrum has grown a lot in 2023. In March, it reached a high point of over $10 billion. Because of this, new projects on hot chains like GMX (I have a big bag), VELA, and I hope XCAL will give me good results after the CREDIT protocol because the vault strategy (ARB/USDC) might soon pick up.
I bought Chainlink around $7, expecting it to break out of its year-long range, but it never did lol. There was an opportunity cost involved. Now I just keep some cash on hand to buy maniac coins like LINA, ARPA, and so on. The benefits offset my regrets, lol. As credit protocol is due, some less hyped/pumped coins, such as XCAL, looks good. ARB looks good too and will deploy the holdings into credit protocol's vaults. The bottom line is never go all line on projects even it looks good. LINK made me not to participate in the mini bull run we had from January 2023.
I have been shedding old coins as they might have limited upside. Also, Understanding market cycles and maximising profits are key. It could be a good idea to DCA into altcoins during down markets and to trade into BTC during alt season. Additionally, I personally aim to retain a small percentage of my net worth in derivative trades or investments. Investing in low cap, high yield entities. Additionally, keep up with popular narratives. For example, AI is now trendy, thus I have AI tokens like FET, OCEAN, etc. LINA was also included due of the storyline around Hong Kong legislation. Because the CREDIT protocol is coming live, I will add some XCAL. It could lower the overall inflation pressure. The basic conclusion is that various environments call for various approaches and techniques. There is no universal fit.