Sharing a loss from my latest snipe—I’m still holding $TAKER. My last snipe was Maplestory; basically 3x’d and sold to a lucky buyer. Yesterday was $TAKER TGE, went live at 6am. At about 5:50, I spotted the Pancake pool already deployed. Instantly switched to snipe mode on @okxchinese and grabbed $5k worth of $TAKER at 0.06. (See pic 1) Here’s my logic: 1. **Innovation.** I love innovative products, especially with BTCFI in such a lull. Right now BTCFI seems to have three paths: - Native staking (Babylon leading) - Native yield (like @GOATRollup) - Derivative mining models. @TakerProtocol creates yield by treating liquidity as hashpower. You earn trading fees via dual-token LP staking (like UNI), but Taker’s LPs also earn veTaker (POL) for governance. Compared to other veToken chains, consensus here mixes NPOS (Polkadot style, for decentralization) and POL (Bear Chain style, for security via liquidity). Feels like something the BTC ecosystem actually needs. 2. **OG user base.** It’s not just BTC—there are tons of users holding BTC derivatives: inscriptions, runes, etc. Activating their “commemorative coins” could bring a wave of native users. 3. **Risk/reward.** When I sniped at launch, market cap was $7M. With Dragonfly and DCG as lead VCs, we’re talking T1-level backers. Such a low cap, the risk/reward is there. But reality is I’m at a loss now. Maybe it’s alpha dumpers, maybe MM had no hedge. Just waiting out the sell pressure. Still, I’ll keep using OKX for snipes—no sandwiching, and you can slip right in. For now, I’m holding. Reasons above.

Basically, as long as the transaction is posted in my group, there will be a response. I will not always make money, and I will tell you about the gains and losses. It’s just that some reviews take too much time, which may only take a few minutes in my mind. It takes a while to write it out.

Coincidentally, I also participated in the opening sniping. However, when I found that the opening price on the chain opened high from fdv 60m, I sold a lot of it at break-even, because the taker did a pre-market pre-sale on aspecta, and the price was stable around fdv 70m. From the perspective of sniping low-priced chips, the profit and loss ratio was already very low. But then again, the second-stage transaction is another way to play. I hope that the pull-up will make Mr. Suo make money🫡