As the cryptocurrency market welcomes the bull market, Brother Moji, a well-known Taiwanese artist and old OG in the currency circle, is operating more and more frequently on cryptocurrency. It is understood that it may be released in May. In the airdropped L2 Blast, Brother Maji’s points are as high as 227 million, ranking sixth in the world.
## Brother Ma Ji’s Blast points reached 227 million
He pushed $YES tokens wildly, holding a value of up to 1.32 million US dollars
Follow As Blast launched its mainnet on March 1, Brother Maji began to frequently recommend Baseline, the protocol on the Blast chain, on the X platform, including the Baseline token $YES. The main features of the project are its liquidation-free lending module and deflation mechanism. Non-liquidation lending means that when the borrower fails to repay on time, his or her pledged $YES will be automatically destroyed, thus promoting the token deflation mechanism to take effect.
Brother Maji keeps recommending $YES
$YES’s lending system is to lend ETH through reserves to increase the value support of $YES. This design incentivizes people to buy and hold $YES, while effectively avoiding the market volatility caused by leveraged liquidation. Overall, this mechanism provides a theoretical basis for creating a stable and self-increasing economic system, the core of which revolves around the (3,3) mechanism.
Yesterday (4th), Brother Maji first purchased 223,420 $YES tokens. The price of each token was US$3.08. The total investment reached 201 ETH, which is approximately equivalent to US$689,000. In addition, he claimed 51,911 $YES tokens, worth approximately $173,000. Subsequently, the total number of $YES tokens held by Brother Moji reached 275,331, becoming the third largest holder of $YES.
Brother Maji keeps entering the market $YES
$YES token has experienced significant price fluctuations since its opening. Initially starting at $3.12, it quickly rose 128% to a high of $7.14. However, the latest data shows that the price of $YES has dropped to $5.38. This means a certain loss for Brother Moji, because his average entry cost is $6.53. On paper, he is currently suffering losses.
"If the eldest brother becomes a banker, he will either die or be injured?"
In fact, after Brother Maji made a bold statement in mid-April last year that he wanted to withdraw from the NFT field, he also quickly shifted his investment focus. As for the leading miner of Meme coins and DeFi, he was interested in a new project "Jimbos Protocol" at that time. As soon as it went online, he spent 1,442 ETH ($2.6 million) to buy Jimbo v2 (JIMBO), accounting for 14.1% of the total supply. The project mechanism is also similar to the (3,3) model.
But what I didn’t expect was that the protocol was reported to have been hacked less than three days after it went online, with a total loss of about US$7.5 million. Although Brother Maji will have a total loss of more than 15.415ETH (approximately US$2.84 million), Many community members still pointed the finger at Brother Ma Ji, thinking that he might be related to the project party. The large-scale purchase of $JIMBO attracted the attention of investors, and finally Rug Pull.
One year has passed in the blink of an eye. Currently, the YES project It's still in its infancy, please be aware of the risks before investing.
The above is the detailed content of Maji's eldest brother Huang Licheng wildly promotes the token YES! Holdings worth up to $1.32 million. For more information, please follow other related articles on the PHP Chinese website!
