Claim 1 Airdrop + 100 Berachain Airdrop Tokens - DO THIS NOW
Crypto with Lorenzo
3 months ago
The summaries and transcripts on this page are generated with AI technology and may not perfectly represent the content of the video. Please use the information as a guide only.
Executive Summary
This video dives into current crypto opportunities, covering how to potentially claim airdrops like Nillion, participate in a giveaway for Berachain tokens through a DeFi platform called Prodigy.Fi, and employs a trading strategy centered on shorting volatile tokens, particularly newly launched ones, which is presented as a profitable method in the current market.
Here are the key topics and details discussed:
Shorting Volatile Tokens Strategy:
- The main focus is on shorting tokens, especially meme coins and tokens that are expected to dump after an airdrop.
- Using an $8 short position on the OIK token as an example (leveraged 20x), already showing 100% profit.
- Believes setting a close profit target (like $0.08 for OIK) is effective, referencing the BMT token which dropped significantly after launch.
- Feels this shorting technique is the "new meta" for making money in the current market and is committed to it.
- Trading is done on the Weex exchange, and calls for specific trades are shared in a Telegram group.
- Signing up for Weex via the provided link offers a random giveaway ranging from small amounts to potentially Bitcoin.
- Feels confident this strategy consistently works ("we are eating").
Prodigy.Fi Platform and BERA Giveaway:
- There's a partnership with Prodigy.Fi offering a giveaway of 100 BARA tokens, currently valued at around $600, for those who join via the specific referral link.
- Prodigy.Fi is a platform offering high yield APY on deposits using a "dual investment" product.
- The "dual investment" is not principal-guaranteed and lets you earn rewards by taking a view on future price movement of assets like wrapped Ethereum against stablecoins like USDC.
- There are two options: "Buy Low" (use stablecoins to buy crypto at a target price below the current market price, earning APY) and "Sell High" (use crypto to sell for stablecoins at a target price above the current market price, earning APY).
- Demonstrates the "Buy Low" option by depositing $10 USDC aiming to buy wrapped Ethereum below the current price.
- Explains the "Buy Low" outcome: If the linked price isn't hit by expiration (price stays above target), you get your initial deposit plus the APY back in USDC. If the linked price is hit (price goes at or below target), you receive wrapped Ethereum plus the APY.
- Notes that BERA is used for gas fees on Prodigy.Fi.
- Describes Berachain as an "L2" (though the description clarifies it's an L1) and believes it's one of the best with high hopes for its future price action.
- Likes Prodigy.Fi because it offers high APY and importantly, doesn't have high minimum deposit requirements often seen on similar platforms.
- Considers it an easy way to earn passive income, especially helpful in the current unstable market conditions.
- Actionable: Join Prodigy.Fi using the provided link to participate in the giveaway and try the dual investment feature.
Nillion Airdrop Claim:
- The Nillion airdrop claim is currently live.
- Believes the Nillion token will be "useless" after it launches and trading begins.
- Plans to short the Nillion token once it's tradable, applying the same strategy used for meme coins.
- Shows personal allocation for the Nillion airdrop is zero.
- If you are not eligible for an airdrop, recommends shorting the token when it launches as a way to make money.
- Actionable: Check your Nillion airdrop allocation now using the provided link, connecting your Kepler or a similar wallet.
Chainbase Testnet Activity:
- Provides an update that the Chainbase network Testnet Explorer is now live.
- Suggests interacting with the testnet for potential future benefits (like airdrops).
- The required activity is very simple: connecting your wallet and bridging Sefolia Ethereum test tokens back and forth on the Chainbase testnet bridge.
- Notes the testnet might be slow or laggy because many people are trying to use it.
- Actionable: Go to the Chainbase testnet bridge link and perform some bridging transactions with testnet ETH.
General Market View and Conclusion:
- Describes the current market conditions as "atrocious."
- Reiterates that the strategy of shorting potential airdrops seems to be the most effective approach in the current market.
- Feels the video, though short, is valuable for informing viewers about these opportunities and market conditions.
- Encourages viewers to share their Nillion airdrop allocation status in the comments.
Transcript
Transcript
Another day, another dollar, we shorted another meme coin in the market. As we see over here, we shorted it all the way today. You can come and join my Telegram group where I do all the calls. But now we have a small position. I believe it is an $8 position on a 20x short. Just to keep it riding, let it go. As we see here, we are already at 60-70% profit. So if you want to come and trade with me, I will leave the link down below. Of course, what I do, what the trades are to do is no financial advisor. I just share it with you. But you also get, if you want to sign up now, you also get a certified win that can go from $10, $2,000 XRP, $3,000 WXT token, 0.01 Bitcoin. So there is a nice giveaway for you also. Come sign up, come and trade with me. Join my Telegram link in the description. Free to go and join. But once again, we are eating. Just for your information, because of these $8, which if they lose, okay. I did put a close profit at $0.08. Simply, it's got to go down at $0.20. We've seen how bad it does. But we've seen also with yesterday. Why did I put $0.08? Because we've seen it with yesterday. We had, for example, the BMT token. This one went all the way from $0.32 to $0.07. So I recognize the OIK token could potentially be doing the same. From $0.30, $0.20 all the way to $0.08. It's something nice. Or I could simply close now with a 100% profit. Let me know your down below. But we are at a 100% profit. So for $8, I will keep it riding. I will keep it going. And I will see where it actually goes from here. For this video, I have also partnered with Prodigy.Fi to give you a 100 BARA token, which is approximately $600 in terms of a giveaway. So what is Prodigy.Fi, which then you can use this money? Well, as you see here, is a beautiful high yield APY, which works a little bit different from the other in a duration time. And I will go and insert myself and showcase you how it is. So it works with the BARA as gas fees, as it is on the BARA chain L2. And once again, I think BARA is one of the best L2 in the market in terms of price action. With this incredible downside that we are as of right now, it's really performing well. So for the future, go high hopes for it. And here we got this liquidity on the wall. So how do you participate in this and how do you interact with this? Well, the link will be down below to get started. And as you see here, I got 10 USDC to go and show you. So all you gotta do is click on subscribe. You have a 955% APY or 800 or 400, depending on which one you want. You got available quantity, etc. So to give you, you can buy low and sell high. These are the two options. So here we got the available quantity on Ethereum. If you got stable coins, which at this time of the year in the trading fees and the market is a bit more complicated and it's better to have it, we go and put 10 USDC. So here we have the availability for a subscribed amount of 10, which is what we do. And we will receive 10 plus 17 cents if the price of Ethereum is above the link price of expiration. Or I will receive wrapped Ethereum if the price is at or below the link price at expiration. So all you gotta do is simply to go and subscribe. I acknowledge and I understand the terms and condition. I click on confirm. And here we go. We are going to utilize $10. You can utilize $5. You can utilize 10, 20, 100. It is completely up to you. Of course, there is the risk of losing involved as well if the price action goes opposite. But this is something that I really like. I like the high APY. I also like the possibility, mostly the possibility that you are able to see here super low in fees with the better chain L2, which is really nice to see. The condition with this is that there is no amount. Like when you see some of these other protocols, there is the amount of like minimum 100, minimum 200, because nice APY, all the things that they got going. Here, prodigy.fi actually does a really good job in my opinion. So this is it. This is as simple as it gets. And it is kind of like a nice momentum to go and earn passive income in a market which is unstable as of right now in terms of USDC. Once you go and subscribe, you can also create your own vault. Completely up to you. And then you can go and check your portfolio, which is the vault subscribed is 1. And the vault created is 0 because I don't have it. And here is the expiration date, which is when, in 15 hours, I will receive my funds. So in the buy low area, as we see here, the direction that I choose, which is the one right here, buy low or sell high, depending on which one you want. Looking at the market, I went for a buy low. If you want to go for a sell high, it is simply like this. So you will receive X amount plus the APY for your kind of like prediction. But I stick with the buy low. Of course, you got to do your own due diligence. Don't copy me if I do low or high. Make sure that you understand. If you want to know more about it here, for example, what is the dual investment, which is what we're having right here. Which is the prodigy five dual investment product offers you the opportunity to leverage your view on the market to buy or sell cryptocurrency, such as wrapped Ethereum, while earning rewards in the process. Dual investment is a non-principle guarantee, higher structure, etc. How do I product the dual investment? You have what is a sell high? You sell your wrapped Ethereum for USDC at a preferred price level that is higher than the current market price. And the buy low is buy wrapped Ethereum with USDC, which is what we did. We had $10. We went and buy wrapped Ethereum at a preferred price level that is lower than the current market price in the near future, plus earning rewards on your deposit. And this is how it works. So super easy to go and operate. Kind of like an easy way to make easy APY money, which I do really like it. And we will come back in a couple of days, 15 hours from now, and see how this went as well, if you want to have an update. But the link will be down below. Come and join me. As I said, for everybody that joins this, there will be a 100 Baratoken giveaway, which it is $590.90 explicitly current time right now. Next up, we actually have the claiming of an airdrop, and this is the Nillion airdrop. Once the TG goes live and the trading goes live, once again, being a, in my opinion, useless token, I will go and short it just like we did over here. Which, by the way, now is pumping in, which is we're losing the profit. Could we get liquidated? We'll keep you updated by the end of the video. But Nillion, I will be doing the short as well over for this one. But you can go and check your allocation right now. I got zero allocation for this one. So if you're not eligible for an airdrop, make sure to short the airdrop because that's the way to go and to make money, as we are seeing over here, which is nice to go and do. So let me know. Link will be down below for your allocation. This connects to your Kepler wallet or whichever Kepler alternative wallet you actually have. Next up, an interesting update. And there's not many updates today because it is kind of like you see in the market condition. Atrocious. It is what it is. But we do have over here on the Chainbase network, the Testnet Explorer is now live. We do remember Chainbase, as we see here. Connect your wallet and start doing a few transactions. All you gotta do, it is very, very simple. You simply gotta go and bridge in and out some Sefolia Ethereum test tokens. And that is it. So with Chainbase, it works like this. Connect your wallet and then you're good to go. Give it a little bit of time. It is still on a Testnet and a lot of people are trying to join it. So it is still a little bit lagging away. But make sure to go to this Sefolia, the Chainbase network Testnet or the Sefolia Testnet. Click whichever one you want in your wallet and you will be good to go. As we said, there's not many updates today. But once again, I want to prove to you that this technique works. The shorting of the airdrop looks like the new meta and I am staking to it. So again, profit, come and trade with me, link down below, join now and I will see you all in tomorrow's video. Very short video, but definitely worth it in my opinion to let you know and to make you understand what is happening in the market. And of course, if you can, go and claim the airdrop. Let me know, by the way, your allocation down below. Don't know whether or not you are eligible for it or not. But if you are, let me know in the comments below. Ciao, guys.