5 days ago
šµ Coinbase launches cbBTC, its Wrapped Bitcoin.
The ERC-20 token will be backed 1:1 by Bitcoin (BTC) held by Coinbase.
cbBTC will be supported on Base and Ethereum, with plans to expand to other blockchains.
āBy aggregating assets across more chains, wrapped assets like cbBTC help build a more efficient, interconnected and expansive financial ecosystem.ā
The ERC-20 token will be backed 1:1 by Bitcoin (BTC) held by Coinbase.
cbBTC will be supported on Base and Ethereum, with plans to expand to other blockchains.
āBy aggregating assets across more chains, wrapped assets like cbBTC help build a more efficient, interconnected and expansive financial ecosystem.ā
8 days ago
Phantom, Solanaās most widely used wallet provider, has drawn criticism from some users for charging fees on in-app token swaps.
While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the walletās defence. Reigniting debate around business models in the Web3 world, Phantomās supporters argue that the platform has a right to generate revenue.
In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?
SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to š to air their grievances about Phantomās in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.
Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were āactually ridiculous.ā
Eagle-eyed users remarked that the data wasnāt wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom wouldāve generated over $10M through in-app token swaps in 2021 alone.
While itās obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?
Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that āDapps, apps, wallets, etc. need revenue or they close up shop, and head home.ā
Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solanaās longest-standing products.
āYou have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.ā - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantomās position as Solanaās most widely used wallet, Montgomery asserted āWithout Phantom, Solana's success would not have been anywhere near where it got to.ā
WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, itās also worth knowing the various in-app swap rates of different wallets.
Fuse Wallet - 0%
Solflare - 0.8%
Phantom - 0.85%
Backpack - 0.85%
It should also be noted that all Solana wallets route their trades through Jupiter. Solanaās leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.
Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Traderās complaints are hardly unresolved.
While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the walletās defence. Reigniting debate around business models in the Web3 world, Phantomās supporters argue that the platform has a right to generate revenue.
In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?
SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to š to air their grievances about Phantomās in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.
Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were āactually ridiculous.ā
Eagle-eyed users remarked that the data wasnāt wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom wouldāve generated over $10M through in-app token swaps in 2021 alone.
While itās obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?
Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that āDapps, apps, wallets, etc. need revenue or they close up shop, and head home.ā
Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solanaās longest-standing products.
āYou have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.ā - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantomās position as Solanaās most widely used wallet, Montgomery asserted āWithout Phantom, Solana's success would not have been anywhere near where it got to.ā
WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, itās also worth knowing the various in-app swap rates of different wallets.
Fuse Wallet - 0%
Solflare - 0.8%
Phantom - 0.85%
Backpack - 0.85%
It should also be noted that all Solana wallets route their trades through Jupiter. Solanaās leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.
Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Traderās complaints are hardly unresolved.
9 days ago
šØ BREAKING šØ
This is crazy:
Interest expenses on the US federal debt have surpassed a RECORD of $3 billion PER DAY.
TRIPLING the amount paid 10 years ago and DOUBLING the amount paid just 2.5 years ago š šø
The bubble just keeps getting bigger, and the worst thing is that they are not doing anything to try to stop it...
Thanks Satoshi for getting us out of this... #Bitcoin
This is crazy:
Interest expenses on the US federal debt have surpassed a RECORD of $3 billion PER DAY.
TRIPLING the amount paid 10 years ago and DOUBLING the amount paid just 2.5 years ago š šø
The bubble just keeps getting bigger, and the worst thing is that they are not doing anything to try to stop it...
Thanks Satoshi for getting us out of this... #Bitcoin
24 days ago
While you don't believe that the bull will hit NFT, let's figure out when it will happen š¤
It has already happened. Why don't you understand where the liquidity has stagnated in the market, and what trend will conquer the market next?
Where is the next rocket? New SocialFi, shields in another chain? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity is quietly flowing into already familiar channels, and the NFT market has already given it a local zazu š
It's even funny that the projects that were raped by sybils during the retro fever, holders of cult NFTs on the air were given more awards than their "faithful" adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.
Last season's NFT bull run had just a few vessels to accumulate liquidity in - the CryptoPunks and Bored Ape Yacht Club collections. Then demand cut off supply, leading to incredibly high price expectations and hopes, and liquidity leaked into other random ETH collections and other chains. Boom, the bubble burst, something that can never be repeated.
We now have many chains with NFTs, liquidity and attention are spread out, and there is no single major trend in a select few NFT collections. But NFTs are here to stay, and they continue to grow as a category. And locally, that will never stop.
It has already happened. Why don't you understand where the liquidity has stagnated in the market, and what trend will conquer the market next?
Where is the next rocket? New SocialFi, shields in another chain? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity is quietly flowing into already familiar channels, and the NFT market has already given it a local zazu š
It's even funny that the projects that were raped by sybils during the retro fever, holders of cult NFTs on the air were given more awards than their "faithful" adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.
Last season's NFT bull run had just a few vessels to accumulate liquidity in - the CryptoPunks and Bored Ape Yacht Club collections. Then demand cut off supply, leading to incredibly high price expectations and hopes, and liquidity leaked into other random ETH collections and other chains. Boom, the bubble burst, something that can never be repeated.
We now have many chains with NFTs, liquidity and attention are spread out, and there is no single major trend in a select few NFT collections. But NFTs are here to stay, and they continue to grow as a category. And locally, that will never stop.
25 days ago
Daily Memecoin Recap - August 23
Crypto is pumping
$btc closes +6% today
$eth & $sol follow at +5% and +7% respectively
Runners Of The Day
$ptc -> $880k to $2 .7m (3.06x), 70% of supply burnt, paper drawings of $btc
$ufo -> hit $2 .4m, decent team, heavily sniped on launch
$sym -> hit $1 .65m, "the most symmetrical dog on Solana",
$nibo -> hit $1 .2m, large buys on launch, decent team, dog meme
$susdog -> hit $950k , based on a viral suspicious dog meme
Smoking Chicken Fish Gains Volume
$scf -> $19m to $83m (4.4x from the low), reversal, banger video drop, team is heavily dedicated
$sed -> $500k to $1 .95m (3.9x), beta to $scf , has been slow cooking since its launch on August 20th, heavy push today following $sc
Fwog Making Higher Highs
$fwog -> $10m to $28m (2.8x),
- Community continues to get stronger
- Some of the best art in the space
- Great background story (dev rugged -> artist/community relaunch)
Utility Play
$chat -> $5m to $18m (3.6x from the low), ATH $174m , shilled by MarioNawfal
Other Cooks
$ong -> $400k to $1 .94m (4.85x), "On God", gen z/tiktok meta, was dead but slowly reviving, ATH is $25m
$afc -> hit $440k , "Airforce Chicken"
$bb -> hit $435k , "Bubble Buddies", based on a spongebob character, twitter community instead of a twitter account
$belief -> hit $375k , influencer coin, dog meme
$mow -> hit $310k , "Monkey On Watermelon"
$kak -> hit $278k , "Kakling Kamala", based on KamalaHarris' laugh, launched on dexscreener's moonshot
$ascend -> hit $240k , cat meme, CTO
The market has been absolutely dead lately, but if majors continue to pump, volume will start to pick up
It's important to consider that September is historically one of the worst months for the market (S&P500)
This doesn't necessarily mean that history will repeat itself, but it is interesting data nonetheless
Lock in š
Crypto is pumping
$btc closes +6% today
$eth & $sol follow at +5% and +7% respectively
Runners Of The Day
$ptc -> $880k to $2 .7m (3.06x), 70% of supply burnt, paper drawings of $btc
$ufo -> hit $2 .4m, decent team, heavily sniped on launch
$sym -> hit $1 .65m, "the most symmetrical dog on Solana",
$nibo -> hit $1 .2m, large buys on launch, decent team, dog meme
$susdog -> hit $950k , based on a viral suspicious dog meme
Smoking Chicken Fish Gains Volume
$scf -> $19m to $83m (4.4x from the low), reversal, banger video drop, team is heavily dedicated
$sed -> $500k to $1 .95m (3.9x), beta to $scf , has been slow cooking since its launch on August 20th, heavy push today following $sc
Fwog Making Higher Highs
$fwog -> $10m to $28m (2.8x),
- Community continues to get stronger
- Some of the best art in the space
- Great background story (dev rugged -> artist/community relaunch)
Utility Play
$chat -> $5m to $18m (3.6x from the low), ATH $174m , shilled by MarioNawfal
Other Cooks
$ong -> $400k to $1 .94m (4.85x), "On God", gen z/tiktok meta, was dead but slowly reviving, ATH is $25m
$afc -> hit $440k , "Airforce Chicken"
$bb -> hit $435k , "Bubble Buddies", based on a spongebob character, twitter community instead of a twitter account
$belief -> hit $375k , influencer coin, dog meme
$mow -> hit $310k , "Monkey On Watermelon"
$kak -> hit $278k , "Kakling Kamala", based on KamalaHarris' laugh, launched on dexscreener's moonshot
$ascend -> hit $240k , cat meme, CTO
The market has been absolutely dead lately, but if majors continue to pump, volume will start to pick up
It's important to consider that September is historically one of the worst months for the market (S&P500)
This doesn't necessarily mean that history will repeat itself, but it is interesting data nonetheless
Lock in š
26 days ago
While you donāt believe that the bull will be affected by NFTs, letās figure out when this happens š¤
Already happened. Why donāt you understand where liquidity has accumulated in the market, and what trend will conquer the market next?
Where's the next rocket? New SocialFi ? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity imperceptibly flows into already familiar channels, and the NFT market has already given a promise locally š
Itās even funny that the projects that were raped by the sibils during the retro fever were given more awards to the holders of the cult NFTs on air than to their āfaithfulā adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.
Last season's NFT bull cycle only had a few vessels to accumulate liquidity in - the CryptoPunks collections and the Bored Ape Yacht Club . Demand then cut off supply, leading to incredibly high price expectations and hopes, with liquidity leaking into other random collections on ETH and other chains. Boom, the bubble burst, it can never be repeated.
We currently have many NFT chains, liquidity and attention are spread out, and there is no single major trend across a select few NFT collections. But NFTs are here to stay and continue to grow as a category. And locally it will never stop.
Already happened. Why donāt you understand where liquidity has accumulated in the market, and what trend will conquer the market next?
Where's the next rocket? New SocialFi ? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity imperceptibly flows into already familiar channels, and the NFT market has already given a promise locally š
Itās even funny that the projects that were raped by the sibils during the retro fever were given more awards to the holders of the cult NFTs on air than to their āfaithfulā adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.
Last season's NFT bull cycle only had a few vessels to accumulate liquidity in - the CryptoPunks collections and the Bored Ape Yacht Club . Demand then cut off supply, leading to incredibly high price expectations and hopes, with liquidity leaking into other random collections on ETH and other chains. Boom, the bubble burst, it can never be repeated.
We currently have many NFT chains, liquidity and attention are spread out, and there is no single major trend across a select few NFT collections. But NFTs are here to stay and continue to grow as a category. And locally it will never stop.
28 days ago
Is the AI Bubble Bursting? š«§š¤
Investor enthusiasm in AI has cooled, but the underlying technology continues to improve and gain adoption
What comes next?
A guest post by arjunnchand
Investor enthusiasm in AI has cooled, but the underlying technology continues to improve and gain adoption
What comes next?
A guest post by arjunnchand
28 days ago
29 days ago
Seven hours ago a suspicious transfer was made from a potential victim for 4064 BTC ($238M)
Transaction hash
4b277ba298830ea538086114803b9487558bb093b5083e383e94db687fbe9090
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge.
Transaction hash
4b277ba298830ea538086114803b9487558bb093b5083e383e94db687fbe9090
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge.
30 days ago
Cybersecurity researchers at Check Point Research have uncovered a new threat targeting cryptocurrency users, dubbed the Styx Stealer malware.
1 month ago
šøš» El Salvador announces $1 .6 billion investment to launch 'Bitcoin City'.
The government announced that Yilport, a Turkish holding company, will invest the $1 .6 billion in two of El Salvador's seaports, the largest private investment in the country's history.
"It will be a joint venture between Yilport and El Salvador, which will operate both seaports for the next 50 years."
https://x.com/nayibbukele/...
The government announced that Yilport, a Turkish holding company, will invest the $1 .6 billion in two of El Salvador's seaports, the largest private investment in the country's history.
"It will be a joint venture between Yilport and El Salvador, which will operate both seaports for the next 50 years."
https://x.com/nayibbukele/...
1 month ago
MAESTRO YACHT CLUB (Premium chat) ā“ļø
The Yacht Club is a private group with experienced Maestros and crypto influencers.
When you become a Premium member, you get exclusive access to bonus features including the PIRBView Pro Token Scanner!
Analyze tokens with real time BubbleMaps, Early Buyer Checks, WhaleSpotter and more!
All aboard! Type /premium into the bot to begin or enter our giveaway!
The Yacht Club is a private group with experienced Maestros and crypto influencers.
When you become a Premium member, you get exclusive access to bonus features including the PIRBView Pro Token Scanner!
Analyze tokens with real time BubbleMaps, Early Buyer Checks, WhaleSpotter and more!
All aboard! Type /premium into the bot to begin or enter our giveaway!
1 month ago
Nib dictionary:
1. Nibblet: A tiny piece of the NIB pie.
2. Nib-sters: The coolest chicks in the crypto coop.
3. Nib-ble: When you're just pecking at the market.
4. Nib-rarian: Organizing all the NIB knowledge.
5. Nib-torious: The most famous chick in the game.
6. Nibsterious: The mystery behind why this chick is so frightened.
7. Nib-ergized: Ready to flap those wings and take on the market!
8. Nib-iquity: The state of being everywhere in the meme coin world.
9. Nib-errific: When your NIB investment finally takes flight.
10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.
11. Nib-stitute: When you swap out one meme coin for a better chick.
12. Nib-busters: Taking down all those FUDsters.
13. Nibfluence: The power of the chick over the crypto community.
14. Nib-citement: The thrill of watching your NIBs grow.
15. Nib-servation: Keeping a close eye on your chickās nest.
16. Nib-accino: The coffee break you take while watching the charts.
17. Nib-compoop: Someone who sells their NIBs too early.
18. Nib-ocalypse: When all the NIB holders go wild at once.
19. Nibstitution: The new chick on the block, ready to replace the old guard.
20. Nib-ified: When youāve gone all in on NIB.
21. Nib-chael Jackson: Moonwalking through the crypto market.
22. Nib-sanity: When NIBās price spikes out of nowhere.
23. Nibvengers: The team of NIB heroes ready to save the market.
24. Nib-solutely: When youāre 100% certain this chick is the one.
25. Nib-ception: A chick inside a chick, inside a meme coin dream.
26. Nib-stronaut: Ready to send this chick to the moon.
27. Nib-ergreen: A meme that never goes out of style.
28. Nib-and-dime: When youāre just picking up a few more NIBs.
29. Nib-ling: A baby chick, or someone just starting with NIB.
30. Nib-casso: When your chick doodles become priceless crypto art.
31. Nibstitute teacher: The chick teaching you how to trade.
32. Nibba Fett: The bounty hunter of meme coins.
33. Nib-blebee: Buzzing around, collecting NIBs.
34. Nib by nib: Slowly stacking your fortune, one chick at a time.
35. Nibberoni: A little bit of NIB in every bite.
36. Nibviously: Itās clear NIB is the next big thing.
37. Nib-a-lanche: When NIB takes over the charts.
38. Nib-spresso: A strong shot of NIB to start your day.
39. Nib-ulation: The jubilation of seeing your NIB investment soar.
40. Nib-and-beyond: When youāre ready to take this chick to the stars!
1. Nibblet: A tiny piece of the NIB pie.
2. Nib-sters: The coolest chicks in the crypto coop.
3. Nib-ble: When you're just pecking at the market.
4. Nib-rarian: Organizing all the NIB knowledge.
5. Nib-torious: The most famous chick in the game.
6. Nibsterious: The mystery behind why this chick is so frightened.
7. Nib-ergized: Ready to flap those wings and take on the market!
8. Nib-iquity: The state of being everywhere in the meme coin world.
9. Nib-errific: When your NIB investment finally takes flight.
10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.
11. Nib-stitute: When you swap out one meme coin for a better chick.
12. Nib-busters: Taking down all those FUDsters.
13. Nibfluence: The power of the chick over the crypto community.
14. Nib-citement: The thrill of watching your NIBs grow.
15. Nib-servation: Keeping a close eye on your chickās nest.
16. Nib-accino: The coffee break you take while watching the charts.
17. Nib-compoop: Someone who sells their NIBs too early.
18. Nib-ocalypse: When all the NIB holders go wild at once.
19. Nibstitution: The new chick on the block, ready to replace the old guard.
20. Nib-ified: When youāve gone all in on NIB.
21. Nib-chael Jackson: Moonwalking through the crypto market.
22. Nib-sanity: When NIBās price spikes out of nowhere.
23. Nibvengers: The team of NIB heroes ready to save the market.
24. Nib-solutely: When youāre 100% certain this chick is the one.
25. Nib-ception: A chick inside a chick, inside a meme coin dream.
26. Nib-stronaut: Ready to send this chick to the moon.
27. Nib-ergreen: A meme that never goes out of style.
28. Nib-and-dime: When youāre just picking up a few more NIBs.
29. Nib-ling: A baby chick, or someone just starting with NIB.
30. Nib-casso: When your chick doodles become priceless crypto art.
31. Nibstitute teacher: The chick teaching you how to trade.
32. Nibba Fett: The bounty hunter of meme coins.
33. Nib-blebee: Buzzing around, collecting NIBs.
34. Nib by nib: Slowly stacking your fortune, one chick at a time.
35. Nibberoni: A little bit of NIB in every bite.
36. Nibviously: Itās clear NIB is the next big thing.
37. Nib-a-lanche: When NIB takes over the charts.
38. Nib-spresso: A strong shot of NIB to start your day.
39. Nib-ulation: The jubilation of seeing your NIB investment soar.
40. Nib-and-beyond: When youāre ready to take this chick to the stars!
2 months ago
Will the crypto cycle end soon? šØ
This is the question many of us are asking ourselves right now.
āļø The most pessimistic predict an imminent bubble burst or even a recession.
āļø While the most optimistic advocate the explosive super cycle lasting several months
Although no one can predict market movements perfectly.
Some data is relevant to provide a concrete answer šÆ
And for now, what has just happened on the market is crucial:
Indeed, we have just had a bullish golden cross in the monthly chart of TotalMarcketCap ā
š· What does this mean?
The Golden Cross is a strong bullish signal corresponding to the crossing of the 50-period moving average (SMA 50) and the 200-period moving average (SMA 200)
š· Concrete example:
The last Golden Cross took place in 2020 and heralded the start of the exponential phase of the previous BullRun (see graph) š„
"Evidently, past performance is not indicative of future performance."
But it is clear that a large number of indicators are turning green one after the other. š
And the outcome of this enormous consolidation could arrive very soon!
In the meantime, let's enjoy the summer and leave our wallets warm (heatwave obliges š„µ )
Good weekend to all ! š„
This is the question many of us are asking ourselves right now.
āļø The most pessimistic predict an imminent bubble burst or even a recession.
āļø While the most optimistic advocate the explosive super cycle lasting several months
Although no one can predict market movements perfectly.
Some data is relevant to provide a concrete answer šÆ
And for now, what has just happened on the market is crucial:
Indeed, we have just had a bullish golden cross in the monthly chart of TotalMarcketCap ā
š· What does this mean?
The Golden Cross is a strong bullish signal corresponding to the crossing of the 50-period moving average (SMA 50) and the 200-period moving average (SMA 200)
š· Concrete example:
The last Golden Cross took place in 2020 and heralded the start of the exponential phase of the previous BullRun (see graph) š„
"Evidently, past performance is not indicative of future performance."
But it is clear that a large number of indicators are turning green one after the other. š
And the outcome of this enormous consolidation could arrive very soon!
In the meantime, let's enjoy the summer and leave our wallets warm (heatwave obliges š„µ )
Good weekend to all ! š„
2 months ago
šŗšø Senator Lummis presents to the Senate a bill on the National Reserve #Bitcoin .
Dubbed the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, the bill aims to strengthen āthe position of the U.S. dollar in the global financial system.ā
āJust as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital age asset capable of enhancing U.S. financial leadership and security in the 21st century global economy. century"
https://www.lummis.senate....
Dubbed the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, the bill aims to strengthen āthe position of the U.S. dollar in the global financial system.ā
āJust as gold reserves have historically served as a cornerstone of national financial security, Bitcoin represents a digital age asset capable of enhancing U.S. financial leadership and security in the 21st century global economy. century"
https://www.lummis.senate....
2 months ago
I'm just going to assume from now on that everybody who works for the BBC is a sexual deviant, pervert, criminal or child molester who hasn't yet been exposed.
2 months ago
(E)
RWA will be worth $16 trillion by 2030 š
BlackRock & Goldman Sachs talk about REVOLUTIONARY technologyā¦
First of all, what are RWAs? š¤
To put it simply: these are assets from the real world (vouchers, real estate, art, etc.) which are then tokenized using the blockchain
And the advantages offered by these assets are really interestingā¦
š they allow investing in more traditional markets via the blockchain, and with little liquidity
š they increase the liquidity of these sometimes illiquid markets
š which says blockchain, says transparent & immutable environment
RWAs allow exposure to sectors that were previously inaccessible AND from just a few dollars š¤
In addition: it allows institutions to raise funds for their products by exposing themselves to a new ātypeā of market (the blockchain).
Some say the RWA bubble could resemble the Internet bubble in the late 90s.
So yes, a bubble often ends up bursting, but not if it is sufficiently solid š
And still: the opportunities will be really crazyā¦
According to experts, the RWA market could reach $2 trillion by 2030 š
Others, like the Boston Consulting Group, speak of $16 ,000 billion.
Yes, it's huge, but not surprising: several giants are already starting to expose themselves to this sector...
Already, we recently had the giant Goldman Sachs launch three new tokenization products š
The bank explains this choice by āa strong increase in customer interestā.
BlackRock has also launched its own āBUILDā fund.
It allows institutional investors āto access US dollar yields on short-term US Treasury bondsā šµ
The fund has already reached $500 million š°
BlackRock also supports the project $ONDO
He also invested $5 million in it last month šø
In āexchangeā: ONDO transferred $95 million in assets to the BUILD fund (to support its OUSG token)
And you, what is your gem RWA token? š
BlackRock & Goldman Sachs talk about REVOLUTIONARY technologyā¦
First of all, what are RWAs? š¤
To put it simply: these are assets from the real world (vouchers, real estate, art, etc.) which are then tokenized using the blockchain
And the advantages offered by these assets are really interestingā¦
š they allow investing in more traditional markets via the blockchain, and with little liquidity
š they increase the liquidity of these sometimes illiquid markets
š which says blockchain, says transparent & immutable environment
RWAs allow exposure to sectors that were previously inaccessible AND from just a few dollars š¤
In addition: it allows institutions to raise funds for their products by exposing themselves to a new ātypeā of market (the blockchain).
Some say the RWA bubble could resemble the Internet bubble in the late 90s.
So yes, a bubble often ends up bursting, but not if it is sufficiently solid š
And still: the opportunities will be really crazyā¦
According to experts, the RWA market could reach $2 trillion by 2030 š
Others, like the Boston Consulting Group, speak of $16 ,000 billion.
Yes, it's huge, but not surprising: several giants are already starting to expose themselves to this sector...
Already, we recently had the giant Goldman Sachs launch three new tokenization products š
The bank explains this choice by āa strong increase in customer interestā.
BlackRock has also launched its own āBUILDā fund.
It allows institutional investors āto access US dollar yields on short-term US Treasury bondsā šµ
The fund has already reached $500 million š°
BlackRock also supports the project $ONDO
He also invested $5 million in it last month šø
In āexchangeā: ONDO transferred $95 million in assets to the BUILD fund (to support its OUSG token)
And you, what is your gem RWA token? š
2 months ago
Daily Memecoin Recap - July 26
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend š¤
$sol looks healthy, all we need is to break past $210 so we can aim for a new ATH
Hawk Tuah Comeback
$hawktuah -> $530k to $10 .17m (19.2x)
- elonmusk follows HalieyWelchX
- HawkTuah girl is attending the Bitcoin Conference in Nashville
Influencer Launch
$gyat -> hit $564k , wicked to $4 .4m, emarrbb
Landwolf Pushing
$wolf -> $52 .6m to $166m (3.15x), chart looks very good
Mumu Breaches $200m
$mumu -> $166m to $254m (1.53x)
$mimi -> hit $800k , mimi the bull, " $mumu 's wife ", CTO
Memes That Make You Lose Brain Cells (in a good way)
$brainlet -> $13 .3m to $29 .6m (2.23x), new ATH, pushed by $eth whales
$schizo -> hit $4 .9m
$sgb -> hit $1 .94m, "Screaming Gorilla Bird"
$spaz -> hit $525k , CTO
$pbjt -> hit $474k , "Peanut Butter Jelly Time"
Smoking Chicken Fish Keeps Pushing
$scf -> $35m to $85m (2.43x)
$cfsm -> $510k to $5 .15m (10.1x), Flying Spaghetti Monster, beta to $scf
$crabs -> $179k to $915k (5.11x), Smoking Crab, also a beta to $scf
- Just when you thought it was over, the smoking chicken fish shows you why it deserves more
- This thing has been all over the timeline
Zoomer Meta
$culture -> $1 .8m to $4 .75m (2.64x), "Men of Culture", CTO
$ong -> $396k to $3 .76m (9.5x), "on god"
$real -> $525k to $2 .3m (4.38x), this word is used all the time on social media
$lll -> hit $3 .1m, Live Laugh Love
$kek -> hit $1 .88m, "cult of kek"
$smh -> hit $1 .4m, "so much higher", CTO, KOLs onboard
$utility -> hit $830k , "The best utility is no utility"
$glaze -> hit $500k , slang meaning you're giving excessive praise to someone
$ticker -> hit $311k , "band 4 band"
Cat Memes
$djcat -> $300k to $5 .5m (18.3x), back from the dead, ATH is at $18m
$usdt -> $410k to $2 .73m (6.65x), tiger meme (I guess that still counts as a cat)
$smol -> $160k to $943k (5.9x), "smol cat", after months of consolidation, price exploded these past few days
$t -> hit $1 .5m, cat doing a T pose
More Cooks
$selfie -> $28m to $48m (1.7x), keeps making new ATH's after being dead for a while
$mad -> $15 .5m to $32m (2x), major come back from a low of $700k
$dollar -> $1 .8m to $5 .2m (2.88x)
$dewy -> hit $3 .28m, this meme got hella attention, ansem replied to it, dev burnt 5 figs worth
$miland -> hit $985k , "milady multiverse"
$cussy -> hit $745k , based on JDVance
$zeke -> hit $375k , cute rabbit
$mbc -> hit $300k , "Mutant Boys Club",
Matt_Furies boys club but a mutant variation
$glitched -> hit $267k
$spikey -> hit $250k , a cactus meme
Always remember to take a break & enjoy your weekend š¤
2 months ago
Daily Memecoin Recap - July 25
Overall slow day
Smoking Chicken Fish Steals The Show
$scf -> $14 .9m to $53 .6m (3.6x), "Church of the Smoking Chicken Fish"
$cfsm -> hit $1 .25m, "Church of the Flying Spaghetti Monster", beta to $scf
$crabs -> hit $540k , "Smoking Crabby", "The Holy Church of Bottom Feeders", beta to $scf
- Weird meme, but original
- Ansem bought & helped push this blknoiz06
- First time in a while that we see something that doesn't fit current metas (dogs, cats, matt furie characters, etc.) push this high
Mumu Blasts Through ATH
$mumu -> $82m to $187m (2.28x), Matt_Furie meme
- Whales heavily accumulating
- Someone 1 clip bought $2m worth and started clipping out of their position right after
$ETH whales push Brainlet
$brainlet -> $610k to $20 .8m (34x), popular meme
Mainstream Memes
$aura -> $32 .2m to $52 .3m (1.62x), great team
$manifest -> $2 .16m to $9 .67m (4.47x), CTO, team keeps pushing
$hmu -> $320k to $3 .4m (10.6x), "hit me up"
$omg -> hit $1 .22m, CTO'd
$test -> hit $948k , "testosterone"
$affirm -> hit $933k , same vibe as $manifest
$fml -> hit $265k
$bidness -> hit $260k , "standing on bidnes", CTO, cute cat
Chosen Memes of The Day
$oreo -> hit $1 .35m, dog with oreo-like fur
$usdt -> hit $1 .27m, "Ultimate Supreme Degen Tiger", fire meme, CTO
More Cooks
$karris -> $855k to $4 .7m (5.5x), "Kamela Karris", redacted KamalaHarris
$ikigai -> $1 .43m to $3 .8m (2.65x), wholesome
$meta -> $79k to $1 .56m (19.8x), wizard meme, cult-like community forming
$puppet -> hit $9 .22m, popular meme
$apu -> hit $4m , ran straight to millions, heavily bundled
$god -> hit $820k , "The First Dev"
$ets -> hit $575k , based on ETHEREALSOLS33
$lenny -> hit $540k , CTO, "( Ķ”Ā° ĶŹ Ķ”Ā°)" meme
$raid -> hit $490k
$visualize -> hit $317k , CTO
$coca -> hit $398k , "Cocaine Shark"
$jesus -> hit $271k , "The First CTO Leader", beta to $god
Once we get back to full bull mode & retail starts coming in, people will stop jeeting for 10% profit
Until then, keep stacking your gains while minimizing riskš¤
Overall slow day
Smoking Chicken Fish Steals The Show
$scf -> $14 .9m to $53 .6m (3.6x), "Church of the Smoking Chicken Fish"
$cfsm -> hit $1 .25m, "Church of the Flying Spaghetti Monster", beta to $scf
$crabs -> hit $540k , "Smoking Crabby", "The Holy Church of Bottom Feeders", beta to $scf
- Weird meme, but original
- Ansem bought & helped push this blknoiz06
- First time in a while that we see something that doesn't fit current metas (dogs, cats, matt furie characters, etc.) push this high
Mumu Blasts Through ATH
$mumu -> $82m to $187m (2.28x), Matt_Furie meme
- Whales heavily accumulating
- Someone 1 clip bought $2m worth and started clipping out of their position right after
$ETH whales push Brainlet
$brainlet -> $610k to $20 .8m (34x), popular meme
Mainstream Memes
$aura -> $32 .2m to $52 .3m (1.62x), great team
$manifest -> $2 .16m to $9 .67m (4.47x), CTO, team keeps pushing
$hmu -> $320k to $3 .4m (10.6x), "hit me up"
$omg -> hit $1 .22m, CTO'd
$test -> hit $948k , "testosterone"
$affirm -> hit $933k , same vibe as $manifest
$fml -> hit $265k
$bidness -> hit $260k , "standing on bidnes", CTO, cute cat
Chosen Memes of The Day
$oreo -> hit $1 .35m, dog with oreo-like fur
$usdt -> hit $1 .27m, "Ultimate Supreme Degen Tiger", fire meme, CTO
More Cooks
$karris -> $855k to $4 .7m (5.5x), "Kamela Karris", redacted KamalaHarris
$ikigai -> $1 .43m to $3 .8m (2.65x), wholesome
$meta -> $79k to $1 .56m (19.8x), wizard meme, cult-like community forming
$puppet -> hit $9 .22m, popular meme
$apu -> hit $4m , ran straight to millions, heavily bundled
$god -> hit $820k , "The First Dev"
$ets -> hit $575k , based on ETHEREALSOLS33
$lenny -> hit $540k , CTO, "( Ķ”Ā° ĶŹ Ķ”Ā°)" meme
$raid -> hit $490k
$visualize -> hit $317k , CTO
$coca -> hit $398k , "Cocaine Shark"
$jesus -> hit $271k , "The First CTO Leader", beta to $god
Once we get back to full bull mode & retail starts coming in, people will stop jeeting for 10% profit
Until then, keep stacking your gains while minimizing riskš¤
2 months ago
Daily Memecoin Recap - July 13
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? š
Today was 10/10. You should not have touched grass
SO much volume, coins hitting raydium left & right, news from all different directions
Trump Gets Shot At Rally
$survivor -> hit $6 .11m, Trump survived
$fist -> hit $3m , "fist stays up", iconic picture of realDonaldTrump holding his fist up after getting shot at
$fight -> hit $2 .5m
$biden -> hit $260k , "biden the shooter"
- Someone tried to shoot Trump while he was mid speech at a rally. He got hit in the ear, but he's fine
Trump's Ear
$ear -> hit $15 .37m, "Ear Stays On", Trump got hit in the ear
$ear -> hit $690k , "Trump's Ear"
$ears -> hit $470k , cat with no ears
$mega -> hit $450k , "Make Ear Great Again"
$wifnoear -> hit $300k , $wif + $ear
Old Trump Coins Pumping
$tremp -> $38 .8m to $85m (2.19x)
$maga -> $700k to $2 .95m (4.2x)
$trump -> $730k to $2 .57m (3.52x)
$trump -> $45k to $700k (15.55x), "never surrunder"
$trumpie -> $150k to $445k (2.96x)
Fortnite Meta
$jonesy -> hit $1 .8m, iconic default skin in FortniteGame
- Pump fun was full of different fortnite characters
- Some GTA memes followed
Bill The Lion Goes Berzerk
$billion -> hit $2 .6m, CTO, crazy volume
- A few betas surfaced lions/tigers
More Cooks
$wolf -> $53m to $120m (2.26x), after downtrending, might be the start of a reversal (or just a deadcat bounce)
$sigma -> $1 .82m to $5m (2.74x)
$peipei -> hit $1m , chinese $pepe , has been done before
$kimchi -> hit $550k , "cabbage dog"
$remixio -> hit $510k , $retardio type NFTs
$trolls -> hit $460k , based on the movie
Usually weekends are dead but Today was the opposite
Which one of these did you catch? š
2 months ago
A major DNS attack targeting the Squarespace domain registrar has shocked the cryptocurrency community, prompting warnings and preventive measures.
Coingecko co-founder Bobby Ong has advised users to refrain from interacting with crypto platforms for the next few days until the situation is resolved.
"The best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved," Ong stated.
Coingecko co-founder Bobby Ong has advised users to refrain from interacting with crypto platforms for the next few days until the situation is resolved.
"The best thing to do is to not interact with crypto and rest for the next couple of days until everything is resolved," Ong stated.
2 months ago
Major DeFi platforms at risk after Celer-Network and Compound-Finance domains confirmed hacked.
Here's a list of potential platforms at risk.
https://t.co/rMsCl06Bbm
WARNING ā ļø: other SquareSpace-linked domains may be at risk, potentially affecting numerous DeFi projects.
Here's a list of potential platforms at risk.
https://t.co/rMsCl06Bbm
WARNING ā ļø: other SquareSpace-linked domains may be at risk, potentially affecting numerous DeFi projects.
List f domains associated with squarespace at risk of being hacked Ā· GitHub
List f domains associated with squarespace at risk of being hacked - potential-bad-domains.txt
https://t.co/rMsCl06Bbm
2 months ago
What the Hell is Happening to America? - Mike Solana
Is the U.S going to be ok? Mike Solana (no relation to Solana the chain, thatās his name),is the editor-in-chief of Pirate Wires and the guy who broke the Trump Memecoin news. We brought him on the show today to try to make sense of the current state of politics in the face of the upcoming electio..
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/27?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
2 months ago
Daily Memecoin Recap - July 8
In these market conditions, 99.9% of coins die within the same day
Learn to make your money & move onto the next opportunity
Messi Promotion
$water -> $24 .95m to $133m (5.33x)
- Lionel Messi posts a promotion for $water on his ig story
- Water team has hella money to spend
Pauly Pushes a New Coin
$cam -> hit $3 .84m,
Pauly0x, coin about bigbendoteth
Solly Relaunch
$solly -> hit $11m , claims they relaunched because some KOLs dumped the chart
Retardio ATH
$retardio -> $12 .6m to $74 .7m (5.96x from the low)
- One of the most insane communities on CT
Dog Memes
$boppy -> $182k to $1 .2m (6.62x), CTO
$gibby -> hit $1m , CTO, good volume
$pluto -> hit $990k
$ranchy -> hit $900k , CTO, infinitely memeable cute dog
$pup -> hit $490k , "pupcorn"
Cat Memes
$mao -> $760k to $4 .57m (6x), CTO, either a dead cat bounce or coming back to life
$gm -> $405k to $1 .48m (3.65x), good ticker
$bub -> hit $1m , this meme has been done multiple times
$tard -> hit $550k , CTO
$chandi -> hit $520k ,
bsol_x's cat, not her coin
Moonshot Launches
$landlord -> $1 .81m to $7 .34m (4.05x),
dexscreener's moonshot
$notsec -> hit $3 .64m
$josh -> hit $900k , "strongest man on solana"
$obema -> hit $560k , redacted MichelleObama
More Cooks
$lockin -> $16 .56m to $37m (2.23x), solid community, lockin has cemented itself as a leader in the slang meta
$nomnom -> $802k to $4m (4.98x)
$shork -> $555k to $1 .42m (2.55x), team continues to push, originally launched by yelotree
$typeshit -> $420k to $2 .7m (6.42x), normie approved meme, goated CTO team, good community
$max -> hit $14 .5m, heavily bundled
$rocky -> hit $2 .2m, good team & community, literally just a rock
$glitch -> hit $1m
$mitty -> hit $826k , "
Matt_Furie's pet hamster"
Volume is low, most coins are pump & dumps
It's all about who can exit first at the moment, no one wants to hold for long
$sol to $250 asap pls
In these market conditions, 99.9% of coins die within the same day
Learn to make your money & move onto the next opportunity
Messi Promotion
$water -> $24 .95m to $133m (5.33x)
- Lionel Messi posts a promotion for $water on his ig story
- Water team has hella money to spend
Pauly Pushes a New Coin
$cam -> hit $3 .84m,
Pauly0x, coin about bigbendoteth
Solly Relaunch
$solly -> hit $11m , claims they relaunched because some KOLs dumped the chart
Retardio ATH
$retardio -> $12 .6m to $74 .7m (5.96x from the low)
- One of the most insane communities on CT
Dog Memes
$boppy -> $182k to $1 .2m (6.62x), CTO
$gibby -> hit $1m , CTO, good volume
$pluto -> hit $990k
$ranchy -> hit $900k , CTO, infinitely memeable cute dog
$pup -> hit $490k , "pupcorn"
Cat Memes
$mao -> $760k to $4 .57m (6x), CTO, either a dead cat bounce or coming back to life
$gm -> $405k to $1 .48m (3.65x), good ticker
$bub -> hit $1m , this meme has been done multiple times
$tard -> hit $550k , CTO
$chandi -> hit $520k ,
bsol_x's cat, not her coin
Moonshot Launches
$landlord -> $1 .81m to $7 .34m (4.05x),
dexscreener's moonshot
$notsec -> hit $3 .64m
$josh -> hit $900k , "strongest man on solana"
$obema -> hit $560k , redacted MichelleObama
More Cooks
$lockin -> $16 .56m to $37m (2.23x), solid community, lockin has cemented itself as a leader in the slang meta
$nomnom -> $802k to $4m (4.98x)
$shork -> $555k to $1 .42m (2.55x), team continues to push, originally launched by yelotree
$typeshit -> $420k to $2 .7m (6.42x), normie approved meme, goated CTO team, good community
$max -> hit $14 .5m, heavily bundled
$rocky -> hit $2 .2m, good team & community, literally just a rock
$glitch -> hit $1m
$mitty -> hit $826k , "
Matt_Furie's pet hamster"
Volume is low, most coins are pump & dumps
It's all about who can exit first at the moment, no one wants to hold for long
$sol to $250 asap pls