10 hours ago
💬 Trump says US crypto startups will "go through hell" if he is not elected.
At the World Liberty Financial launch event, Donald Trump criticized the SEC's approach to crypto regulation.
“If we don’t win the election, those people who were under investigation and are free as birds right now and the people who weren’t being looked at in the crypto world, they’re going to live in hell – because it starts the day after the election if they win.”
https://decrypt.co/249741/...
At the World Liberty Financial launch event, Donald Trump criticized the SEC's approach to crypto regulation.
“If we don’t win the election, those people who were under investigation and are free as birds right now and the people who weren’t being looked at in the crypto world, they’re going to live in hell – because it starts the day after the election if they win.”
https://decrypt.co/249741/...
Trump Says US Crypto Startups 'Will Be Living in Hell' If He's Not Elected - Decrypt
At the launch event for World Liberty Financial, Donald Trump slammed the SEC's approach to crypto regulation under Gary Gensler.
https://decrypt.co/249741/trump-says-us-crypto-startups-living-hell-not-elected
6 days ago
Sentiment is down, and critics have been quick to point out ETH's underperformance against SOL while largely attributing this to a perceived loss of mindshare and users to L2s.
This narrative has sparked a crucial debate: Are L2s Ethereum?
arjunnchand
brings the analysis...
========================================
🤔 Symbiotic or Separatist?
L2s have been a core component of Ethereum's rollup-centric roadmap from the very beginning. They were envisioned as extensions (technical and cultural) of Ethereum, designed to expand its capabilities and attract a broader user base.
At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.
The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.
By offering lower fees and faster transaction times, L2s have made it easier for developers to build different types of applications. Look at the explosion of memecoins on Base or the rise of SocialFi platforms like Farcaster creating new markets for users.
Beyond that, L2s are becoming major hubs for DeFi activity, and ETH, the asset, is at the heart of this ecosystem. Look at the numbers:
arbitrum
,
Optimism
,
@base
— these chains are dominated by ETH-related assets.
🧛♂️ Vampire attack?
However, one of the primary arguments against the rollup-centric approach to scaling Ethereum is the assumption that L2s may not continue to rely on Ethereum. Sure, L2s and Ethereum seem like a happy family now. But what if L2s build their own empires and ditch Ethereum altogether? No more relying on Ethereum for security, no more ETH as gas, not even needing Ethereum's block space.
This "L2s go rogue" fear is a legitimate concern. Technically, they could build independent ecosystems with their own validators as they would then be able to own the entire modular blockchain stack. So, is this the future – a messy breakup between L2s and Ethereum? Not necessarily.
We can all agree that there are perhaps a few too many L2s. Too many copycats. Too little differentiation. It's like a thousand startups chasing the same market, all promising the same thing. This isn't healthy.
What we need are L2s that matter. L2s that offer something unique, something that sets them apart. Security, app diversity, GTM strategy — these are the areas where we need to see real innovation.
But we must be wary of ‘echo chambers’. These zones of chains should not become isolated universes. A healthy L2 ecosystem is one where chains work together, not in isolation. We need bridges, not moats.
We need collaboration. We need communication. We need education. We need incentives. We need to build shared infrastructure and standards that foster seamless connectivity across L2s. Only then can we truly win together.
💭 Closing Thoughts
You can say that L2s aren’t Ethereum. You can argue L2s aren’t even extensions of Ethereum. But you cannot deny the fact that L2s enhance the utility of Ethereum and ETH.
The "L2s vs. Ethereum" debate is a false dichotomy. This isn't a zero-sum game. Ultimately, Ethereum and L2s are in this together. Let's build a future where Ethereum and L2s thrive as a symbiotic whole, and push the crypto ecosystem forward.
This narrative has sparked a crucial debate: Are L2s Ethereum?
arjunnchand
brings the analysis...
========================================
🤔 Symbiotic or Separatist?
L2s have been a core component of Ethereum's rollup-centric roadmap from the very beginning. They were envisioned as extensions (technical and cultural) of Ethereum, designed to expand its capabilities and attract a broader user base.
At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.
The symbiotic relationship between L2s and Ethereum is undeniable. L2s thrive on Ethereum's infrastructure and security, while Ethereum benefits from the increased activity and increased demand for ETH, making it a better store of value.
By offering lower fees and faster transaction times, L2s have made it easier for developers to build different types of applications. Look at the explosion of memecoins on Base or the rise of SocialFi platforms like Farcaster creating new markets for users.
Beyond that, L2s are becoming major hubs for DeFi activity, and ETH, the asset, is at the heart of this ecosystem. Look at the numbers:
arbitrum
,
Optimism
,
@base
— these chains are dominated by ETH-related assets.
🧛♂️ Vampire attack?
However, one of the primary arguments against the rollup-centric approach to scaling Ethereum is the assumption that L2s may not continue to rely on Ethereum. Sure, L2s and Ethereum seem like a happy family now. But what if L2s build their own empires and ditch Ethereum altogether? No more relying on Ethereum for security, no more ETH as gas, not even needing Ethereum's block space.
This "L2s go rogue" fear is a legitimate concern. Technically, they could build independent ecosystems with their own validators as they would then be able to own the entire modular blockchain stack. So, is this the future – a messy breakup between L2s and Ethereum? Not necessarily.
We can all agree that there are perhaps a few too many L2s. Too many copycats. Too little differentiation. It's like a thousand startups chasing the same market, all promising the same thing. This isn't healthy.
What we need are L2s that matter. L2s that offer something unique, something that sets them apart. Security, app diversity, GTM strategy — these are the areas where we need to see real innovation.
But we must be wary of ‘echo chambers’. These zones of chains should not become isolated universes. A healthy L2 ecosystem is one where chains work together, not in isolation. We need bridges, not moats.
We need collaboration. We need communication. We need education. We need incentives. We need to build shared infrastructure and standards that foster seamless connectivity across L2s. Only then can we truly win together.
💭 Closing Thoughts
You can say that L2s aren’t Ethereum. You can argue L2s aren’t even extensions of Ethereum. But you cannot deny the fact that L2s enhance the utility of Ethereum and ETH.
The "L2s vs. Ethereum" debate is a false dichotomy. This isn't a zero-sum game. Ultimately, Ethereum and L2s are in this together. Let's build a future where Ethereum and L2s thrive as a symbiotic whole, and push the crypto ecosystem forward.
8 days ago
Phantom, Solana’s 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 wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s 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 𝕏 to air their grievances about Phantom’s 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 “actually ridiculous.”
Eagle-eyed users remarked that the data wasn’t 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 would’ve generated over $10M through in-app token swaps in 2021 alone.
While it’s 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 “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”
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 Solana’s longest-standing products.
“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”
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, it’s 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. Solana’s 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. Trader’s complaints are hardly unresolved.
While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s 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 𝕏 to air their grievances about Phantom’s 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 “actually ridiculous.”
Eagle-eyed users remarked that the data wasn’t 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 would’ve generated over $10M through in-app token swaps in 2021 alone.
While it’s 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 “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”
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 Solana’s longest-standing products.
“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”
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, it’s 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. Solana’s 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. Trader’s complaints are hardly unresolved.
8 days ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
11 days ago
The crypto market jumps as the US unemployment rate hits 4.2% as expected compared to 4.3% previously easing recession fears. Investors are bracing for September rate cuts, and optimism grows over the market’s near-term outlook.
13 days ago
WHAT ARE THE BIGGEST OBSTACLES TO DePIN GROWTH??
In a recent appearance at ETHToronto, Frank Mathis highlights the next steps for DePIN’s future.
GenesysGo founder Frank Mathis is no stranger to the highs and lows of crypto’s thriving DePIN sector.
Drawing on his years of experience, Mathis joined other DePIN thought leaders at ETHToronto, including Helium COO Scott Sigel, to discuss the future of the sector.
“If DePIN solves that, DePIN is inevitable”
Like many passionate crypto community members, DePIN advocates staunchly argue that DePIN is inevitable. Speaking to hundreds of crypto enthusiasts at ETHToronto, Mathis offered a refreshing point of view.
The GenesysGo founder argues that value creation for contributors is one of the most integral aspects of running successful DePIN networks. Mathis highlighted that, while DePIN promises to reward contributors as decentralized software scales, “it’s shocking how much of that is running on AWS and Google Cloud.”
For example, over 50% of Ethereum node operators are hosted on AWS, Hetzner, and OVH servers.
Reiterating the importance of wealth creation for contributors, Mathis contends “what DePIN really is, is an attempt to take one of the most centralized layers of the stack and decentralize that amongst the people such that they start to participate in the growth and success of these models.”
GenesysGo’s ShdwDrive is one such example. The decentralized storage solution empowers users to earn $SHDW tokens by providing unused mobile storage to a distributed network, directly generating income from a device that lives in their pocket.
Reflecting the ideal DePIN model proposed by Mathis, network contributors benefit from the growth and success of the platform. The GenesysGo founder reinforced this notion, opining “DePIN is only as inevitable as the value that participants in the network get from it… if DePIN solves that, DePIN is inevitable.”
POOR PERFORMANCE “ONE OF THE BIGGEST FAILINGS OF DePIN”
On paper, the benefits of DePINs are obvious. However, in practice, these platforms often sacrifice performance and scalability in favor of decentralization. While this aids in value creation for contributors and increases security, it actually hamstrings performance and growth.
DePIN is often considered the natural evolution of the sharing economy, which delivered iconic businesses like Uber and Airbnb.
Drawing parallels between the pearls of the sharing economy and emerging DePIN projects, Mathis illustrated that “Uber became highly successful, not just because you’re able to share in pieces of things you don’t use everyday.. but because it worked well, it was fast, it was easy to use.”
Mathis argues that for DePIN projects to truly take off, they need to rival the performance standards set by centralized industry leaders. Referencing his experience with GenesysGo, the founder posits “in our case, our first principle [is] decentralized storage needs to be as fast, as secure, as stable, and perform every bit as well as a traditional Web2 cloud service.”
ABSTRACTION IS KEY
The Web3 user experience has long been considered one of the industry’s biggest obstacles to adoption. The complexities of wallet management and security have discouraged newcomers to space for over a decade, and continue to repel potential users today.
Mathis insists that abstracting the end-user experience away from blockchain technology is key to the success of the industry. Reinforcing this belief, the founder affirms “Your end user shouldn’t know that they’re interacting with Web3”
Looking towards the future, Mathis considers DePIN regulation will present a significant obstacle to the sector’s growth. However, instead of taking a chagrined approach to future regulatory concerns, the GenesysGo founder suggests that DePIN projects need to take on some responsibility.
In a recent appearance at ETHToronto, Frank Mathis highlights the next steps for DePIN’s future.
GenesysGo founder Frank Mathis is no stranger to the highs and lows of crypto’s thriving DePIN sector.
Drawing on his years of experience, Mathis joined other DePIN thought leaders at ETHToronto, including Helium COO Scott Sigel, to discuss the future of the sector.
“If DePIN solves that, DePIN is inevitable”
Like many passionate crypto community members, DePIN advocates staunchly argue that DePIN is inevitable. Speaking to hundreds of crypto enthusiasts at ETHToronto, Mathis offered a refreshing point of view.
The GenesysGo founder argues that value creation for contributors is one of the most integral aspects of running successful DePIN networks. Mathis highlighted that, while DePIN promises to reward contributors as decentralized software scales, “it’s shocking how much of that is running on AWS and Google Cloud.”
For example, over 50% of Ethereum node operators are hosted on AWS, Hetzner, and OVH servers.
Reiterating the importance of wealth creation for contributors, Mathis contends “what DePIN really is, is an attempt to take one of the most centralized layers of the stack and decentralize that amongst the people such that they start to participate in the growth and success of these models.”
GenesysGo’s ShdwDrive is one such example. The decentralized storage solution empowers users to earn $SHDW tokens by providing unused mobile storage to a distributed network, directly generating income from a device that lives in their pocket.
Reflecting the ideal DePIN model proposed by Mathis, network contributors benefit from the growth and success of the platform. The GenesysGo founder reinforced this notion, opining “DePIN is only as inevitable as the value that participants in the network get from it… if DePIN solves that, DePIN is inevitable.”
POOR PERFORMANCE “ONE OF THE BIGGEST FAILINGS OF DePIN”
On paper, the benefits of DePINs are obvious. However, in practice, these platforms often sacrifice performance and scalability in favor of decentralization. While this aids in value creation for contributors and increases security, it actually hamstrings performance and growth.
DePIN is often considered the natural evolution of the sharing economy, which delivered iconic businesses like Uber and Airbnb.
Drawing parallels between the pearls of the sharing economy and emerging DePIN projects, Mathis illustrated that “Uber became highly successful, not just because you’re able to share in pieces of things you don’t use everyday.. but because it worked well, it was fast, it was easy to use.”
Mathis argues that for DePIN projects to truly take off, they need to rival the performance standards set by centralized industry leaders. Referencing his experience with GenesysGo, the founder posits “in our case, our first principle [is] decentralized storage needs to be as fast, as secure, as stable, and perform every bit as well as a traditional Web2 cloud service.”
ABSTRACTION IS KEY
The Web3 user experience has long been considered one of the industry’s biggest obstacles to adoption. The complexities of wallet management and security have discouraged newcomers to space for over a decade, and continue to repel potential users today.
Mathis insists that abstracting the end-user experience away from blockchain technology is key to the success of the industry. Reinforcing this belief, the founder affirms “Your end user shouldn’t know that they’re interacting with Web3”
Looking towards the future, Mathis considers DePIN regulation will present a significant obstacle to the sector’s growth. However, instead of taking a chagrined approach to future regulatory concerns, the GenesysGo founder suggests that DePIN projects need to take on some responsibility.
14 days ago
Daily Memecoin Recap - September 3
Opportunities are everywhere
Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art
First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"
Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours
Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"
Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla
Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls
Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme
Focus on preserving capital in such market conditions
Opportunities are everywhere
Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art
First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"
Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours
Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"
Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla
Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls
Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme
Focus on preserving capital in such market conditions
14 days ago
Ralala #BullVerse , and to say that bullverse is built during a complicated market, to explode upwards during the bull run with a utilitarian and complete product.
You do not realize the project that is being built. I just have to look at what works or the needs to get an idea:
✅ Pumpfun and sunpump
✅ Need a decentralized social network
✅ Payment in crypto
✅ Partner
✅ Easy-to-use interface
The only thing missing from this project is our support. The team shows us that they are building each project. That they care about their users.
We don't have much to do. Talk about the social network around you if you appreciate the experience (it also makes you money 👌🏾). Like coinmarketcap, a dexscreener rocket. Make posts on X if you feel like it.
You will never have food in your mouth if you wait for someone to cook for you 😉
Continue to sell and regret later
You do not realize the project that is being built. I just have to look at what works or the needs to get an idea:
✅ Pumpfun and sunpump
✅ Need a decentralized social network
✅ Payment in crypto
✅ Partner
✅ Easy-to-use interface
The only thing missing from this project is our support. The team shows us that they are building each project. That they care about their users.
We don't have much to do. Talk about the social network around you if you appreciate the experience (it also makes you money 👌🏾). Like coinmarketcap, a dexscreener rocket. Make posts on X if you feel like it.
You will never have food in your mouth if you wait for someone to cook for you 😉
Continue to sell and regret later
14 days ago
📊 Weekly Outlook Charts Sep 2-6:
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
$BTC $SOL $ETH $WIF
Markets just took a turn 📉
What happened and where are we going?
Bull over? 😞
Heres what you need to know: 👇
🚨Market Breadth is flashing warning signs, with MMMTH, MMMFI, and MMMTW indicators suggesting a potential rotation out of risk. When combined with other indicators such as market fear/greed being neutral, AAII sentiment being 2% off its 1 year bullish high, its likely we will see a rotation out of risk such as crypto - paving a short opportunity for risky assets in crypto (political tokens, meme tokens etc)
https://www.tradingview.co.../
📉 #DXY retest of trend line on broad market pullbacks/weakness. Bearish continuation expected until EOY. Short term upside, longer term downside. 96 on DXY still on the table.
https://www.tradingview.co.../
📈 #SPY breadth is peaking on the 200, 50, and 20 D (see market breadth above)
When the market is running low on breadth, there will be some rotation or correction. Selling expensive stocks for cheaper ones (most likely cyclical's) will cause some selling pressure on the bigger names like NVDA, AAPL etc. Expect sidways choppiness for the majority of the market.
Ichimoku still indicating bullish continuation. Q4 will be good. Target at 6000 remains.
https://www.tradingview.co.../
⛽️ #USOIL staring its trend toward $61 oil as expected. It would have to be an alarming geopolitical situation to turn the course of OIL back up
https://www.tradingview.co.../
⚠️ #btc bulls be very cautious here!
Bear case:
1. SPY breadth running out of steem
2. SPY seasonal weakness in September
3. BTC is below 20 W EMA, 50/200 D MA bearish cross
4. BTC Weekly close below the ichimoku cloud.
Still possible for a 70k retest at trendline, but Bear case outweighs the bull base
https://www.tradingview.co.../
📉 #eth still lagging behind. Alts in general will enjoy a beating as BTC chops/declines.
2k retest is on the horizon.
https://www.tradingview.co.../
Weekly Outlook Sep 2-6 (Breadth Indicators) for INDEX:MMTH by SolenyaResearch — TradingView
In the top chart we have INDEX:MMTH which shows how many stocks are above their 200 D MA expressed as a percentage. When 70% or more of stocks are above their 200 D MA, it can be seen as over exuberance which can lead to a short term decline as investors take profits on riskier stocks to rotate in l..
https://www.tradingview.com/chart/MMTH/pJU7vnfN-Weekly-Outlook-Sep-2-6-Breadth-Indicators/
15 days ago
Daily Memecoin Recap - September 2
The past week has been absolutely dead, but volume picked back up today
GameFi Coins
$explore -> ExploringOnSOL
, functioning game coming out, team is good, hope this starts a new meta
Ethereum Pump Fun
$vista -> hit $30m , ethervista
- Users are responsible for creating their own coin contracts, EtherVista only offers a "Launch" feature
- By supplying coins and ETH, users receive LP tokens for EtherVista's DEX, with the option to burn these tokens
- The DEX has a fixed-fee structure, distributing fees to LP providers, coin creators, and $VISTA developers
- This is more of a unique UniswapV2-style DEX rather than a typical pump-and-dump scheme
Fascist.eth Coins
$xd -> hit $9m , someone threatened that they would leak psyoptrick's past & nudes, instead she did it herself
$obama -> hit $552k , "Bitcoin Obama", pushed by
psyoptrick
Runners Of The Day
$yukie -> $150k to $630k , dog meme, launched in August heavily pushed today, ATH $1 .65m
$tommy -> hit $3 .2m, another cute dog, coordinated push
$gib -> hit $2 .5m, "A marketplace for work"
$ultra -> hit $800k , "UltramanGodzillaNebulaM78", good content
$look -> hit $800k , "Look bro...", viral meme on CT these past few days
$pin -> hit $730k , Post-It Note, memes on a post-it note
Wei Wu Trolls Ansem
$wisdom -> hit $580k , based on WuWei113
, who beefed with blknoiz06 recently
Dexscreener introduces new boosts & gold tickers
$abcde -> hit $850k , slow grind up since launch, based team
Fwog Is King
$fwog -> $45m to $91 .6m (2.03x from the low), one of the strongest memes despite the market downturn
$fwag -> hit $1 .3m, gay $fwog , " You missed $FWOG ? You must be a $FWAG "
Smoking Chicken Fish Betas
$dcc -> hit $2 .5m, "Drunk Chicken Centipede", $scf vibes
$btc -> hit $785k , "Big Titty Chicken"
Other Cooks
$bud -> hit $1m
$bullet -> hit $450k , functioning game
$gugu -> hit $396k , CTO
$frfr -> hit $340k , "Fref & frof"
$katana -> hit $309k , "First Blind Dog On Solana"
$fwc -> hit $258k , "Farting Whoopie Cushion"
Differentiate having a long-term outlook on your spot bags vs a short-term outlook when trading memes
The past week has been absolutely dead, but volume picked back up today
GameFi Coins
$explore -> ExploringOnSOL
, functioning game coming out, team is good, hope this starts a new meta
Ethereum Pump Fun
$vista -> hit $30m , ethervista
- Users are responsible for creating their own coin contracts, EtherVista only offers a "Launch" feature
- By supplying coins and ETH, users receive LP tokens for EtherVista's DEX, with the option to burn these tokens
- The DEX has a fixed-fee structure, distributing fees to LP providers, coin creators, and $VISTA developers
- This is more of a unique UniswapV2-style DEX rather than a typical pump-and-dump scheme
Fascist.eth Coins
$xd -> hit $9m , someone threatened that they would leak psyoptrick's past & nudes, instead she did it herself
$obama -> hit $552k , "Bitcoin Obama", pushed by
psyoptrick
Runners Of The Day
$yukie -> $150k to $630k , dog meme, launched in August heavily pushed today, ATH $1 .65m
$tommy -> hit $3 .2m, another cute dog, coordinated push
$gib -> hit $2 .5m, "A marketplace for work"
$ultra -> hit $800k , "UltramanGodzillaNebulaM78", good content
$look -> hit $800k , "Look bro...", viral meme on CT these past few days
$pin -> hit $730k , Post-It Note, memes on a post-it note
Wei Wu Trolls Ansem
$wisdom -> hit $580k , based on WuWei113
, who beefed with blknoiz06 recently
Dexscreener introduces new boosts & gold tickers
$abcde -> hit $850k , slow grind up since launch, based team
Fwog Is King
$fwog -> $45m to $91 .6m (2.03x from the low), one of the strongest memes despite the market downturn
$fwag -> hit $1 .3m, gay $fwog , " You missed $FWOG ? You must be a $FWAG "
Smoking Chicken Fish Betas
$dcc -> hit $2 .5m, "Drunk Chicken Centipede", $scf vibes
$btc -> hit $785k , "Big Titty Chicken"
Other Cooks
$bud -> hit $1m
$bullet -> hit $450k , functioning game
$gugu -> hit $396k , CTO
$frfr -> hit $340k , "Fref & frof"
$katana -> hit $309k , "First Blind Dog On Solana"
$fwc -> hit $258k , "Farting Whoopie Cushion"
Differentiate having a long-term outlook on your spot bags vs a short-term outlook when trading memes
15 days ago
Until October or November, #Bitcoin will not move from the range it is in. I already told you in June that the summer was going to be very quiet, the whales and market makers still have to return from vacation and do not feel like working.
Still, trading in the current market situation seems like a great opportunity to me: I will trade LONG (Futures) and BUY (spot) if we fall below $55K .
Looking ahead, buying at these prices seems like a bargain to me. Last time I said this, #btc was at $15K , in 2022. The rest was history.
Still, trading in the current market situation seems like a great opportunity to me: I will trade LONG (Futures) and BUY (spot) if we fall below $55K .
Looking ahead, buying at these prices seems like a bargain to me. Last time I said this, #btc was at $15K , in 2022. The rest was history.
15 days ago
Marinade Finance, one of Solana’s original staking providers, has found itself in hot water with validator operators.
Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.
Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.
Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.
Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?
WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.
To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.
This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.
Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.
Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”
Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”
Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”
Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”
In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.
However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”
Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”
Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.
Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”
Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.
Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.
Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.
Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?
WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.
To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.
This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.
Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.
Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”
Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”
Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”
Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”
In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.
However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”
Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”
Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.
Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”
16 days ago
🇧🇷 Cardano founder Charles Hoskinson plans to build decentralized social network in Brazil following X ban.
"While Brazil has silenced our brothers and sisters on X, their work will remain and matter to all of us."
“I look forward to recruiting many Brazilians to help us build a decentralized social network.”
https://x.com/iohk_charles...
"While Brazil has silenced our brothers and sisters on X, their work will remain and matter to all of us."
“I look forward to recruiting many Brazilians to help us build a decentralized social network.”
https://x.com/iohk_charles...
17 days ago
📊 Weekly Outlook: September 2-6 📊
Market News & Sentiment 📰
- BCA research warns of AI sector slowdown impacting stock market more than economy 🤖- Labor market weakness expected to continue 💼
- Fed blackout period begins after September 6 🗣️
- Market anticipating 25bps rate cut in September 📉
- Analysts forecast 2 more ECB rate cuts by year-end 📊
Events This Week 📅
- Monday:
🇬🇧 UK Manufacturing PMI 📊
- Tuesday:
🇺🇸 US Manufacturing PMI, Fed GDP Now 📊
- Wednesday:
🇪🇺 EU Composite PMI, Services PMI 📊
🇨🇦 CAD Interest Rate Decision 📈
🇺🇸 US Job Openings, Beige Book 📊
Earnings: Dollar Tree 📊
- Thursday:
🇺🇸 US Jobless Claims, Fed Balance Sheet 📊
- Friday:
🇪🇺 EU GDP 📊
🇺🇸 US Payroll Data, Participation Rate, Unemployment 📊
Earnings: Kroger 📊
Risk Appetite 🤔
- Truflation: 1.55% 🔥
- Market Fear/Greed Index: 63 (neutral) 📊
- Market Breadth: Extreme Greed 🚀
- Put/Call Ratio: Neutral 📊
- Junk Bond vs Investment Grade: Fear 😬
- AAII Sentiment: 2% off 1-year bullish high 📈
- Crypto Fear/Greed Index: 28 (Fear) 😨
- High Yield Bond Premium: 3.15% (slight decrease) ⬇️
- High Yield Effective Yield: 7.8% (slight increase) ⬆️
Market Breadth 📈
- SPX stocks above 200D MA: 62% (increase from last week) 📈
- SPX stocks above 50D MA: 66% (increase from last week) 📈
- SPX stocks above 20D MA: 79% (substantial increase from last week) 🚀
- NASDAQ new highs - new lows: 61 📊
- SPY 52-week highs - 52-week lows: -7 📊
- SPY New highs - New lows: Monthly 114, Weekly 93 📊
Other 📊
- Fed Rate Monitor Tool: 70% probability of 25bps, 30% probability of 50bps 📊
Market News & Sentiment 📰
- BCA research warns of AI sector slowdown impacting stock market more than economy 🤖- Labor market weakness expected to continue 💼
- Fed blackout period begins after September 6 🗣️
- Market anticipating 25bps rate cut in September 📉
- Analysts forecast 2 more ECB rate cuts by year-end 📊
Events This Week 📅
- Monday:
🇬🇧 UK Manufacturing PMI 📊
- Tuesday:
🇺🇸 US Manufacturing PMI, Fed GDP Now 📊
- Wednesday:
🇪🇺 EU Composite PMI, Services PMI 📊
🇨🇦 CAD Interest Rate Decision 📈
🇺🇸 US Job Openings, Beige Book 📊
Earnings: Dollar Tree 📊
- Thursday:
🇺🇸 US Jobless Claims, Fed Balance Sheet 📊
- Friday:
🇪🇺 EU GDP 📊
🇺🇸 US Payroll Data, Participation Rate, Unemployment 📊
Earnings: Kroger 📊
Risk Appetite 🤔
- Truflation: 1.55% 🔥
- Market Fear/Greed Index: 63 (neutral) 📊
- Market Breadth: Extreme Greed 🚀
- Put/Call Ratio: Neutral 📊
- Junk Bond vs Investment Grade: Fear 😬
- AAII Sentiment: 2% off 1-year bullish high 📈
- Crypto Fear/Greed Index: 28 (Fear) 😨
- High Yield Bond Premium: 3.15% (slight decrease) ⬇️
- High Yield Effective Yield: 7.8% (slight increase) ⬆️
Market Breadth 📈
- SPX stocks above 200D MA: 62% (increase from last week) 📈
- SPX stocks above 50D MA: 66% (increase from last week) 📈
- SPX stocks above 20D MA: 79% (substantial increase from last week) 🚀
- NASDAQ new highs - new lows: 61 📊
- SPY 52-week highs - 52-week lows: -7 📊
- SPY New highs - New lows: Monthly 114, Weekly 93 📊
Other 📊
- Fed Rate Monitor Tool: 70% probability of 25bps, 30% probability of 50bps 📊
20 days ago
🔎 Bitcoin is 12% from its ATH but nobody cares about cryptos...
Bitcoin search interest (in blue) is at 19, compared to an average of 28 over the past 5 years 😬
Interest in "crypto" looks like a flat EEG 💀
❌ Zero Hype so far
Bitcoin search interest (in blue) is at 19, compared to an average of 28 over the past 5 years 😬
Interest in "crypto" looks like a flat EEG 💀
❌ Zero Hype so far
21 days ago
Daily Memecoin Recap - August 27
Volume was slow today with $btc & $sol decreasing
Cat Meta
$smh -> $1 .15m to $3m (2.6x), "So Much Higher"
$sicko -> $200k to $1 .35m (6.75x), heavily pushed today
$mood -> hit $520k , twitter community instead of an account
Dog Meta
$spikedog -> hit $625k , "4chan dog", good meme
$updog -> hit $335k , $bane CTO lead (ATH $7m ), CTO
Tron Memes
$biao -> $3m to $6 .5m (2.2x), famous Chinese meme
$elmo -> hit $8m , heavily pushed by KOLs, based on elmo
$vangogh -> hit $4 .1m, based on a justinsuntron tweet
More Cooks On $sol
$deebo -> $230k to $1 .55m (6.7x)
$money -> hit $580k , "Just give me my money"
$that -> hit $530k , "tinfoil hat",
$sym -> hit $390k , "Symphony", CTO
$mp3 -> hit $350k , "mood: Printing Trillions", twitter community instead of an account
Traditional markets are historically low volume during summer -> Crypto majors follow -> Memecoins follow
Looking for a push sometime into end of year, for now patience is key, focus on quality over quantity
Volume was slow today with $btc & $sol decreasing
Cat Meta
$smh -> $1 .15m to $3m (2.6x), "So Much Higher"
$sicko -> $200k to $1 .35m (6.75x), heavily pushed today
$mood -> hit $520k , twitter community instead of an account
Dog Meta
$spikedog -> hit $625k , "4chan dog", good meme
$updog -> hit $335k , $bane CTO lead (ATH $7m ), CTO
Tron Memes
$biao -> $3m to $6 .5m (2.2x), famous Chinese meme
$elmo -> hit $8m , heavily pushed by KOLs, based on elmo
$vangogh -> hit $4 .1m, based on a justinsuntron tweet
More Cooks On $sol
$deebo -> $230k to $1 .55m (6.7x)
$money -> hit $580k , "Just give me my money"
$that -> hit $530k , "tinfoil hat",
$sym -> hit $390k , "Symphony", CTO
$mp3 -> hit $350k , "mood: Printing Trillions", twitter community instead of an account
Traditional markets are historically low volume during summer -> Crypto majors follow -> Memecoins follow
Looking for a push sometime into end of year, for now patience is key, focus on quality over quantity
21 days ago
22 days ago
🚨 Are we on the brink of a NEW GREAT DEPRESSION?
Today's economy looks eerily similar to that of the 1920s...
Record inequalities, weak growth, colossal debt...
Today's economy looks eerily similar to that of the 1920s...
Record inequalities, weak growth, colossal debt...
22 days ago
BTC, locally a resistance zone, has become a support. Marked in pale green on the graph. BUT this support is weak, due to the line of the ascending pattern, see the chart. At the moment, a setup has been formed with local level compression. also look at the chart, local resistance. Bitcoin is now almost at the end of this setup. Getting out of it in the next couple of days. A breakdown of the local resistance zone will send the price higher to the upper limit of the pattern. So a breakdown downwards will send the price at least to the local support zone. Such patterns make their way in both directions, As a minimum setup from August 20, 1 goal worked out. Most often, recently, the working out of such patterns has been down. But at least you need to wait for the breakdown. In general, the market has almost recovered, the last touch remained on September 11, inflation data. And after that, the market is free from negativity and fear.
the withdrawal from the exchanges exceeds the input - 2%, 1,400 btc
Altcoins, as well as Bitcoin on September 11, are awaiting data. But still, after the last correction, its bottoms from the beginning of August, many have already gone far enough. The activity of investors and the general mass of traders is at the lowest levels. Many people no longer have faith, almost the majority have sold and left the market. There is also enough metric data - it signals the day or close to it (of course, this data has already been during this month) and for many coins the bottom is more likely already passed! But there are still a lot of coins that can be bought back at an attractive price. I quote Buffett's words "when blood is pouring, buy, when euphoria and everyone is shouting buy and sell"
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 2%, 1,400 btc
Altcoins, as well as Bitcoin on September 11, are awaiting data. But still, after the last correction, its bottoms from the beginning of August, many have already gone far enough. The activity of investors and the general mass of traders is at the lowest levels. Many people no longer have faith, almost the majority have sold and left the market. There is also enough metric data - it signals the day or close to it (of course, this data has already been during this month) and for many coins the bottom is more likely already passed! But there are still a lot of coins that can be bought back at an attractive price. I quote Buffett's words "when blood is pouring, buy, when euphoria and everyone is shouting buy and sell"
https://www.tradingview.co.../
22 days ago
📊 Weekly Outlook Charts Aug 26-30:
We're expecting some exciting market movements this week. Here's what you need to know:
#DXY is still falling as forecasted, but a bullish divergence is forming on daily charts. Consolidation above 100 levels is possible. https://www.tradingview.co... 📉
#SPY pricing in Fed cuts, consolidation expected until Friday's PCE numbers. Trend still bullish, but uncertainty around Fed's move. https://www.tradingview.co.../ 📊
#USOIL breakout possible from ascending triangle, but depends on geopolitical tensions. If there's no escalation, $67 oil still on the table. [Weekly outlook chart for USOIL: https://www.tradingview.co.../ 💡
#btc traders should exercise caution due to mixed technical and an unfavorable Risk/Reward ratio. It's best to wait for a breakout above $70k . Consolidation may last for months, so patience is key.
https://www.tradingview.co.../🙏
#eth is looking more bearish, struggling to break resistance. If $BTC is rejected from $70k again, expect $ETH to test $2k or lower.
https://www.tradingview.co... 🚨
We're expecting some exciting market movements this week. Here's what you need to know:
#DXY is still falling as forecasted, but a bullish divergence is forming on daily charts. Consolidation above 100 levels is possible. https://www.tradingview.co... 📉
#SPY pricing in Fed cuts, consolidation expected until Friday's PCE numbers. Trend still bullish, but uncertainty around Fed's move. https://www.tradingview.co.../ 📊
#USOIL breakout possible from ascending triangle, but depends on geopolitical tensions. If there's no escalation, $67 oil still on the table. [Weekly outlook chart for USOIL: https://www.tradingview.co.../ 💡
#btc traders should exercise caution due to mixed technical and an unfavorable Risk/Reward ratio. It's best to wait for a breakout above $70k . Consolidation may last for months, so patience is key.
https://www.tradingview.co.../🙏
#eth is looking more bearish, struggling to break resistance. If $BTC is rejected from $70k again, expect $ETH to test $2k or lower.
https://www.tradingview.co... 🚨
22 days ago
📊 Weekly Outlook August 26-30:
Market focused on labor market data and Fed rate cuts 📊
News/Sentiment: 📊
• Uncertainty over 25 bps or 50 bps cut
• High focus on labor market (PCE data on Friday)
• Fed funds futures market is pricing in 100 BPS of cuts by EOY
• Market anticipating lower than usual expectation for NVDA earnings
Events This Week: 📅
Mon:
• 🇺🇸US: Durable Goods, Fed GDPNow
Tue:
• 🇩🇪GER: GDP
• 🇺🇸US: CB Consumer confidence, 2 year note auction
Wed:
• 🇺🇸US: 5 year note auction
• 💸 Earnings: NVDA
Thu:
• 🇺🇸US: Jobless claims, GDP
• 🇨🇳CNY: CPI
• 💸 Earnings: DG, ULTA, CPB, LULU
Fri:
• 🇪🇺EUR: CPI
• 🇺🇸US: PCE, Core PCE
Risk Appetite: 😬
• Truflation: 1.47%
• Market fear/greed = 54
• Market breadth = extreme greed
• Put/call = greed
• Junk bond vs investment grade = extreme fear
• AAII sentiment: 1% off 1 year bullish high
• Crypto fear/greed = 55 greed
• High yield bond premium = 3.21%
• High yield effective yield = 7% (slight decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 61% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 67% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 77% (increase from last week)
• NASDAQ new highs - new lows = 114
• SPY 52 week highs - 52 week lows = 28
• SPY New highs - New lows = Monthly 98 ; Weekly 59
Other: 📊
• Fed rate monitor tool = 30% chance of 50 BPS cut, 70% chance of 25 BPS cut
Market focused on labor market data and Fed rate cuts 📊
News/Sentiment: 📊
• Uncertainty over 25 bps or 50 bps cut
• High focus on labor market (PCE data on Friday)
• Fed funds futures market is pricing in 100 BPS of cuts by EOY
• Market anticipating lower than usual expectation for NVDA earnings
Events This Week: 📅
Mon:
• 🇺🇸US: Durable Goods, Fed GDPNow
Tue:
• 🇩🇪GER: GDP
• 🇺🇸US: CB Consumer confidence, 2 year note auction
Wed:
• 🇺🇸US: 5 year note auction
• 💸 Earnings: NVDA
Thu:
• 🇺🇸US: Jobless claims, GDP
• 🇨🇳CNY: CPI
• 💸 Earnings: DG, ULTA, CPB, LULU
Fri:
• 🇪🇺EUR: CPI
• 🇺🇸US: PCE, Core PCE
Risk Appetite: 😬
• Truflation: 1.47%
• Market fear/greed = 54
• Market breadth = extreme greed
• Put/call = greed
• Junk bond vs investment grade = extreme fear
• AAII sentiment: 1% off 1 year bullish high
• Crypto fear/greed = 55 greed
• High yield bond premium = 3.21%
• High yield effective yield = 7% (slight decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 61% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 67% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 77% (increase from last week)
• NASDAQ new highs - new lows = 114
• SPY 52 week highs - 52 week lows = 28
• SPY New highs - New lows = Monthly 98 ; Weekly 59
Other: 📊
• Fed rate monitor tool = 30% chance of 50 BPS cut, 70% chance of 25 BPS cut
23 days ago
BTC came out of the local flat of 58,000-62,700, but there was no consolidation higher on the daily timeframe if you look at the candles after the breakdown candle. We see that there are 2 candlesticks of uncertainty. It is understood that they were on the weekend, and recently there have been small volumes on weekends. Also, the level of 62,700 remained open. There was also no re-test of the flat breakdown. If we do not see further growth today, it is more likely that the 62,700 level will be re-tested. Which is very logical. Let me also remind you that the main growth will begin after the breakdown of the pattern and the resistance zone of 70,000-73,000.
the withdrawal from the exchanges exceeds the input - 15%, 1,000 btc
Altcoins, since the squiz on August 5th, many altcoins have grown significantly. Some gave more than two x's. But still, these are only local movements, the main growth will begin after the breakdown of the descending lines on the capitalization of altcoins and the breakdown of the resistance level for Bitcoin. On September 11, there will be data on US inflation, after which it will be safe to say that the rate will be lowered on September 18.
https://www.tradingview.co.../
the withdrawal from the exchanges exceeds the input - 15%, 1,000 btc
Altcoins, since the squiz on August 5th, many altcoins have grown significantly. Some gave more than two x's. But still, these are only local movements, the main growth will begin after the breakdown of the descending lines on the capitalization of altcoins and the breakdown of the resistance level for Bitcoin. On September 11, there will be data on US inflation, after which it will be safe to say that the rate will be lowered on September 18.
https://www.tradingview.co.../
24 days ago
While you don't believe that the bull will hit NFT, let's figure out when it will happen 🤔
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 👋
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 👋
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
Sometimes you need to look into the mirror and ask yourself
"Am i a jeet"
Bird-bros are not 👊
"Am i a jeet"
Bird-bros are not 👊
25 days ago
#Bitcoin
Be careful with the big swing, I still haven't gotten into it! I'm waiting for the neckline breakout as expected
Looks good
Be careful with the big swing, I still haven't gotten into it! I'm waiting for the neckline breakout as expected
Looks good
26 days ago
While you don’t believe that the bull will be affected by NFTs, let’s figure out when this happens 🤔
Already happened. Why don’t 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 👋
It’s 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 “faithful” 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 don’t 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 👋
It’s 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 “faithful” 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.
26 days ago
Gearing up for BSC Season?
Good thing Maestro has got you covered. Snipe, trade, and copytrade THE FASTEST on BSC. Maestro is your #1 multi-chain TG bot.
Need to move some funds? Use Maestro’s /bridge command to bridge directly in the bot with HoudiniSwap.
What will those next few candles look like?
#BSC #BNB
Good thing Maestro has got you covered. Snipe, trade, and copytrade THE FASTEST on BSC. Maestro is your #1 multi-chain TG bot.
Need to move some funds? Use Maestro’s /bridge command to bridge directly in the bot with HoudiniSwap.
What will those next few candles look like?
#BSC #BNB
26 days ago
🗞️ Where do people go to look for information about cryptocurrencies?
A survey by coingecko reveals that most members of the crypto community go to social media instead of news sites.
🥇 X
🥈 Youtube
🥉 Telegram
The first 3 represent 73.8%
A survey by coingecko reveals that most members of the crypto community go to social media instead of news sites.
🥇 X
🥈 Youtube
🥉 Telegram
The first 3 represent 73.8%
