I've been researching this airdrop / farming opportunity for the past hour and I think there's a high chance you can do quite well on it if you get started this early. It's extremely early.

Category: Airdrops

BounceBit

Analysis

I think this might be an opportunity to get into a passive airdrop farming opportunity like Manta / Blast very early with potential for high returns.

BounceBit is a BTC staking chain designed for Bitcoin and backed by Breyer Capital, Binance Custody(CEFFU) and Mainnet Capital.

It features a unique dual-token staking system enabled by PoS that pairs native BTC security with full EVM compatibility.

Basically, validators are selected from stakeholders who stake either BTC or their upcoming BounceBit token. BounceBit's token has already been confirmed and appears to be promising utility via both revenue distribution and governance.

Now let's talk about why I think this airdrop might print.

It's worth noting that this will be a first mover as it's the first BTC native staking chain. This fits quite well within the continuously expanding narrative / trend cycle of projects developing X or Y common EVM application but for BTC. Personally I think this fixation is silly, but that doesn't matter. What matters is that it's a trend and pretending that BTC is EVM is hot right now.

Moving onto the interesting part of the thesis, let's focus on Bounce Launchpad.

Bounce is already quite known thanks to $AUCTION, Multibit / MUBI, and SatoshiVM. What these things have in common is that they printed and it's no surprise that Bounce is running this hot considering it's pretty known at this point that they're fairly auxiliary to the "Binance Cartel" and Bounce itself has some hot backers including Binance Labs, CB Ventures, Pantera and the like.

In short, it's been pumping out some printers and this seems to be the next in a long line of random excuses to launch tokens to pump.

That's pretty much all it takes to sell me on a passive opportunity for what might be a fat airdrop. With Blast, people who decided to farm by depositing Blur did best by getting in early thanks to their multiplier mechanic. With Manta, generally most people got in too late to see sizeable rewards and people in early did much better. This is basically next in line in the "please deposit money and farm this" niche, and I'm serving it to you on day 1. Similar to the above the mechanics of this one also heavily favor those that got in early, so getting a head start on this now is probably wise and I'm already set up and farming.

You'll need an invite to join, so I'll include some below. Full disclosure that these are also reflinks that benefit me if you deposit 0.1 BTC/WBTC or more, but I'm pretty sure you benefit off my deposits as well and I'll be adding to this. I'm quite optimistic that this will be worth our time and would recommend depositing at least 0.1 BTC to get a spin for point bonuses.

There are a few options to deposit, but I would recommend WBTC via Metamask as the easiest. It's just wrapped BTC on eth chain, and you can use Uniswap or whatever you prefer to swap ETH without having to actually have anything on BTC chain. Funds will be locked until at least April if you choose to deposit but our funds are safe. Same deal as Blast / Manta.

Please do not waste these if you aren't actually going to farm.
If you had $AUCTION, use that wallet. I think you get a bonus.

Some codes you can use.

https://bouncebit.io?code=4406B
https://bouncebit.io?code=I6W18
https://bouncebit.io?code=0ZPBP
https://bouncebit.io?code=8JEZX
https://bouncebit.io?code=H5BK7
https://bouncebit.io?code=ICRK9
https://bouncebit.io?code=P4SY0
https://bouncebit.io?code=C1UD8
https://bouncebit.io?code=1G9MR
https://bouncebit.io?code=J82LM
https://bouncebit.io?code=XT1VM
https://bouncebit.io?code=UZ4O6

If these are gone and anyone needs one and is actually going to farm, DM me and I'll hook you up. Trying not to dump all of mine here and waste them on people that'll insta claim and do nothing.

Links

Twitter

https://twitter.com/bounce_bit

Risk

2/10

Woke up to a bunch of DMs saying all the codes got used so added a new batch here.

This was posted at like 1,000 users and <20M TVL, looks like TVL doubled and users are up to nearly 4,000 overnight. From what I've been seeing it seems like we got in super early and TVL is headed much much higher, think we'll do pretty well on this 💫

I just want to say this officially regarding the t.me/thectrlroom gc since I've said it in chat a few times and people still seem to ignore and I don't want to have to ban anybody.

We have no official rules. You need to use common sense.

I know who's active and genuinely trying to contribute, and who literally never talks here unless they're going gc to gc looking for exit liquidity.

If you are the former, feel free to share shit you ape that you think you're early to if you're trying to help the homies win.

If you are the latter and I see you post a random ca or shill absolute dogshit at the pico top with no chat history, I will ban you because we don't do that here.

Please use your brain to distinguish between the two. If someone like @CashMonkey444 or @smolzooomer posts "alpha" you can probably assume that they're trying to share value, they're active all the time. If GemFinder591823 posts some random ca and says "send it" tell them to fuck off. Don't get played.

Your daily reminder that we keep safe, sophisticated alpha for the channel and we cook a lot of shitcoin degen plays in t.me/thectrlroom so you're missing out if you aren't in the discussion group.

@yanniksood called this play within 20 minutes of launch and we're up bigly. Proud of the community we're forming.

Wasn't going to post here because it's a low cap shitcoin but if you missed the $BALENCI call in general chat now is actually a decent time for me to be pinging since a few large holders just jeeted the fuck out of the chart and buy volume is still nice.

Might see a nice bounce, 2x from here if it retests ATH. Lots of good channels and traders seem to be supporting heavily still so I'm scooping some on the dip for a swing.

7kFdu4Ndn2FDqghuePs3mpg8SU6WG6aJ396cHicUssFK

Some brief bullet point thoughts on a few tokens called prior or discussed in thectrlroom chat group. Basically market updates on stuff I'm watching.

$RSC
Noticing that this has been grinding up very slowly every since my post, I don't want to read too deeply into that because it very well may just be exposure from this group trickling down since not many people have talked about this coin, but I've noticed a few one off buys from HNW wallets so it's possible that something is indeed cooking.

$WHIRL
Very unfortunate Black Swan today that sent it down from nearly 0.4 to 0.08. I did not cover it in the channel since I woke up at like 7 PM but I did buy the bottom with another 1E and suggested it in the general chat for a few people that were asking for my take. Looks like that was the right call, it's slowly grinding back up and personally I think the dev's response is plausible and the product does seem to be functional so hoping for a full turnaround. Still some risk here considering the bad PR but if it does retain momentum I think we see new ATHs considering they shipped the product and FUD totally negated what should have been a run up to new highs.

$RLB
Not much to update on, started coming back to life which is great. That's about it. Waiting for the inevitable face melting rally as per usual.

$BOUNCEBIT (Future airdrop)
This is the airdrop I posted about. 100% was spot on with us being early to a cook after doing more research today. TVL now over 30M, users grinding up past 5K, seeing more smart money start to try to shill me their reflink lol. We got in early. Good shit.

$VEC
Chart looks amazing. Price is great. Still currently my favorite bag / conviction play in the near term.

$MND
Never called this but we talked about it in general chat. This coin has been bottomed for a long time now and most people forgot about it while devs have actually been shipping. Been buying recently and today a lot of smart money wallets bought in and the coin is spiking in mcap and volume. Imo anticipate a big move here, either to reclaim a much higher mcap or to see confirmation that coin is dead regardless of news and grind down to 0. Imo R/R is good I'm a buyer at these levels.

Shitcoin recap:
Community members cooked like crazy in t.me/thectrlroom today. Really proud to see quality alpha outside of my own posts instead of you guys fighting each other for exit liquidity. Some shoutouts.

@yanniksood gave us $BALENCI at 100k, topped at 800k.
@predictiveprogram gave us (blank name lol) at 31k, topped at around 160k
@smolzooomer gave us $SILKROAD at like 240k, currently at 1M+

Will post some new analysis soon on a few other coins like RSC and RLB (coins I've already been holding with size but that haven't popped yet that I'm convicted in) as well as some other stuff I think you should be farming like BounceBit. Trying to trickle info slowly because I don't want to encourage people to overdiversify and lose focus. Lots of opportunity in the market right now though.

Let me know if I missed anything or you have any questions <3

If anyone is interested in having $JUP sniped on launch for them tomorrow contact me. Serious inquiries only. 50 SOL minimum contribution and 50 SOL increments only so that organization isn't a mess. You get your initial back + 50% of profits, the other 50% goes to the friend doing me this favor who is a very successful botter that runs size on big launches.

1000 SOL filled so far, capping this at 10000 SOL if we reach it. Anything more and it's a liquidity issue.

Got about 5000 SOL so far committed

Will close at 10000 SOL or at 8:30 (2 hours from now)

Closed - all 10,000 SOL filled. Don't send any more SOL.

I'm very regretfully announcing that in light of these new developments and the added uncertainty that it's presented, after consulting a few people that I trust to advise on the matter I don't feel comfortable with the variance in the opinions I've gotten and even though I think there's a solid chance this all might have worked out and that snipers will eat, my promise was that there would be no risk aside from a potential refund and I feel that new risk vectors have potentially been introduced that we simply do not have the time to reconcile at all.

I'm going to be refunding everybody that contributed effective immediately, starting with the largest contributors and working my way down to people that sent minimum deposits.

You will all be contacted directly to confirm a recipient address. USDC will be used to buy back SOL and any difference in our balance will be made up by myself to ensure that everyone receives 100% of their funds.

If this impacted your ability to participate manually because you committed your liquidity here, I'm sorry for the inconvenience but my #1 priority is protecting investor funds here.

Good chance I'll regret this but not going to take risks that nobody signed up for.

Everybody that's sent a recipient address to me via DM has received a full refund. Appreciate your patience.

Those of you that haven't, I presume you're probably asleep but as soon as I get a recipient address from you I'll process your refund immediately if I'm still online. If I fall asleep before I receive an address from you I'll send funds as soon as I'm awake.

We'll hit the next one. Last minute launch changes threw things off and while I'm usually very good with adapting in these situations it's a very different story with external funds.

I think in the future what I'll do is set more concrete terms that are a bit less risk averse and allow the people willing to risk capital / trust me to do whatever is best to have that option because had we done that we would have printed but I didn't want to risk other people's funds on a last minute plan so we missed the opportunity.

When we saw the post we moved quickly and formed a new plan with the thesis that price wouldn't move much in the first 3 minutes anyways because the site would be fried, and we'd still hit around .45 by the time 3 minutes had passed. We also had an alternative to attempt to get some buys through at the bottom during those first 3 minutes. Ultimately I decided we couldn't take this approach because there wasn't enough time to inform people and ask if they'd still like to participate with revised plans and I had promised all of you that the outcome would either be buying in the first pool or getting a full refund, so I felt calling it off was best for the sake of honoring that and not risking 7 figures on a subjective risk assessment. That being said had we done this we would have already been up nearly 2X on a $1,000,000 position so I do think in the future I'll set some looser risk parameters to allow for us to adapt if needed without me feeling like I'm doing something wrong lol.

Appreciate you all for your trust. Shocked we raised $1M in under 2 hours at 5 in the morning, but now that I know that there's interest I look forward to bringing you guys more opportunities and hitting the next one.

Ok since like 20 people DMed me late asking for this watch I'll throw this in here since I guess we're a watch gc now

41MM Datejust w/ black dial (Jubilee bracelet, smooth bezel) brand new 2023 w/ stickers for retail

If anyone in the group wants me to scoop it for them just dm ❤️

Study rap music

Ok I studied rap music and this is what I found

4yUe8D4cG88gZzpvKJ4y9rCxF9HEa8DN7YUm5B26DHBZ

Random coin that has been pumping with no socials, unverified contract, unburnt LP, and no information on Twitter. Looks like steady insider accumulation.

Insider accumulation means that if the team is good the coin can really run if they corner supply. If the team is poor and hasn't studied rap music they probably dump on our heads.

Either way, it just updated it's dexscreener and it only has 3 followers on it's new Twitter, one of whom is a friend of mine and someone I consider to be "smart money" when it comes to shitcoins. Fuck you for not sharing whatever this is with us @ckthesniper

Aping this one. High risk but I shouldn't have to tell you that given the above. Could be very early.

Study rap music

The results of the @ctrl_freak vs @Thorme18 trading challenge are in

Ctrl is the winner with 1 -> 7.76 SOL or 776% in 8 trades.

Thorme18 has lost with 1 -> 0.30 SOL or -70% (unrealized pnl) in 1 trade.

Regardless I respect him for coming back and sharing results so I've sent 1 SOL to his trading challenge wallet to cover the losses he incurred during our contest.

ctrl trading wallet: 5EB9uBqVQ5Pmz2sff1ZoGWhfq9HPgeZDvFXK8hTuWUy5
Thorme trading wallet: 72tw8xFGXmrracoPDjwRgn1U1gR25RnWQtxieGgS1gb6

gg