$ETH is at the same exact price it was 5 months ago in the worst conceivable market conditions possible, it is going to be an absolute animal next cycle.
3AC in trouble? rumors swirling
- Kyle and Zhu havent tweeted or liked anything in days
- Zhu took every coin and # tag out of his bio
- Zhu deleted his instagram
- an hour ago they dumped 30k stETH and reduced all AAVE positions
In all seriousness I hope anyone who held or is holding Luna is OK I can never remember a top 10 coin completely blowing up like this and dropping this fast this quickly
Maybe bitconnect? Idk man this is wild
Dog coins are worth $50 billion
Cat coins are only worth $600 million
there is 65 million dog owners in the US
there is 46 million cat owners in the US
not even a 2:1 ratio, but dog coins have a 8000%+ higher aggregate marketcap.
the cat sector will rerate bigly soon.
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cant believe we got rugged by goblin team 6 never trading on a nerds exchange ever again
If you canโt bench press 2 plates or run a 7 minute mile Iโm out
A friend IRL - hey can you lend me $20?
Me - โno way man youโll never pay me backโ
_____________________
A friend in crypto - dude I left the house for 5 mins can you buy $7000 of pork chop coin for me
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crypto twitter is great because half the people are scammers, everyones trying to steal money from each other or fly to dubai to fist fight but if a single finance bro says something mean to us we all show up like a mentally ill gang and pummel him online
I cannot overstate enough how damaging the $LUNA situation will be to crypto
We lost not only a top 10 coin, we lost a 5 top stablecoin, and we lost a dozen+ teams and dApps
People hurt by this are likely selling everything, BTC, ETH, NFTs to recoup some losses
hard not to see $SOL as the big winner here, has some solid protocols now and real adoption and use with NFTs, I think depending how low you can bid it in the upcoming months, this is a kingmaker trade.
sleeping in a $SOL memecoin be like
-97%
+5000%
-85%
DEV rugged the LP pool
Community takeover
+400%
you wake up and your initial position is down -47%
hilarious to see BAYC holders vote against all the proposals by the Yuga / Bored Ape team
They lucked into buying the NFT from the best team and get completely carried for 6-7 figure gains
And the first chance they get they vote against the teams proposals, unreal lmao
Honestly donโt think we even remotely close to the end of the bull market
People are way too concerned right now with selling, exit plans, profit levels, targets whatever
The time to sell is when nobody is talking about that stuff and everyoneโs out of their minds
Iโm fully playing this cycle like itโs the last one ever
If you think you can magically just show up here every 4 years and make a bunch of money youโre wrong
broke: Alameda owns 15% of the SOL circ supply sol is dead
woke: scammers own more than 15% of the ETH and BTC supply
bespoke: The alameda coins will likely enter the bankruptcy case, which can take years, even a decade to play out (mt gox) and SOL could go up 5000% before then
This is one of the most disheartening crypto metrics to me, we are back to 2017 levels for the total marketcap. Even though we have 10X the value now.
I think anything below the 2017 high is value territory and a long term buy if you believe in crypto.
sold my bored ape, minted azuki with 15% of the money, now my azuki collection is worth half a dozen bored apes and I have the other 85% of the bayc sale money left over
Elon bought a social media website, so everyone pumped a dog memecoin 2x
we're in the middle of a global recession and this is still going on, if you dont think next cycle is going to be batshit insane you are wrong lol
im bullish ETH but I do think its in a really weird place in the market
their retail space got taken by SOL
the high end collectible market got taken by BTC
and L2s dont really have much adoption
not sure who needs to hear it, but if you can participate / have the funds
buy the BAYC land sale
2 ETH for a plot isnt much, sandbox land hit 5 eth, Decentraland (boomerland) is STILL over 2+ eth, nobody has used it in the history of the world
BAYC is 100x more influential
we're a half hour into the day
- Do Kwon arrested
- Coinbase dumps -20% on open
- Arbitrum has 30 consecutive red candles to open their airdrop
welcome to cryptocurrency, the biggest piece of flaming garbage alive.
Blackrock has only been buying for 2 months, Bitcoin isnโt ATH, and Doge is still -75% below its old ATH, and youโre worried about where to take profits?
Get it together man