"Jagex had been sold to Shanghai Hongtou for a sum believed to be around $300m in March 2016."
$TIME treasury is ~$350m.
What if Wonderland acquired a video game studio of that caliber and launched the crypto version of RuneScape?
@danielesesta
The Bankless Research team published the following list of tokens as the most likely to survive & thrive into next cycle:
1. FXS
2. MATIC
3. SOL
4. LDO
5. RPL
6. GMX
7. OP
8. ARB
9. IMX
10. UNI
What do you think?
What would your top 10 look like? (assume ETH & BTC survive)
So let me understand this.
You know that $AVAX is going to be Top 5, and you’re not betting on the best DEX $JOE, the premier bank $SB, and the top NFTs
@apa_nft
?
Couldn’t be me, anon.
$NTRN
the modular hub: a leveraged bet on Cosmos & Celestia
+ Lido $LDO team is behind $NTRN
+ strong investor backing: Binance Labs, CoinFund, Delphi Ventures, LongHash Ventures, Semantic Ventures & Nomad Capital
BTC breaks ATH
Alt liquidity flows into BTC
Capitulation on early bull market coins
BTC consolidates
Early bull market coins make weak handed sellers repent
Retail will buy SOL, TIA, DOGE
SOL => "next ETH" & required to transact on the best "crypto casino"
TIA => "smart" retail that does their research will be bombarded by airdrop YT videos & threads
DOGE => no 2nd best meme
the success of $INJ, $SEI, & $TIA
have only reaffirmed my conviction that the cosmos eco is poised to continue to outperform in this cycle
whole set of users now comfortable using keplr / cosmos wallets & navigating the cosmos eco
the next $INJ, $SEI, & $TIA 🔜
The selling of locked $JEWEL is a strong bullish catalyst.
Always think about who is on the other side.
Buyers of locked $JEWEL are much more long-term oriented & understand the promise of
@DefiKingdoms
.
$JEWEL is now flowing from the weak to the strong hands.
So it seems that the market is going further & further down the risk curve of L1s.
If you ask me, I think there’s an eventual rotation back to SoLunAvax.
If so, that would confirm my theory that SoLunAvax are the “new majors” (akin to $BTC & $ETH) in previous mkt cycles.
Unless you believe you have an edge in the current market environment, my recommendation is to put away the charts & use this time to research/play
@DefiKingdoms
.
I can assure you that it will be far more enjoyable & profitable.
Typically after liquidation cascades in a bull trend you get at least a couple of alts showing relative strength.
Don’t see that now.
Risk appetite gone.
I’m a profit maxi, which means that if a better technology comes around & the market embraces it, then so will I.
This is about innovation & making money.
Not religion.
Everyone is focused on the game, which is great.
However, no one is talking about how DFK could eventually become the largest *cross-chain* DEX allowing for seamless swaps across L1s.
DFK as an interoperability play, who would’ve thought?
$RUNE is the best beta to both $BTC & $ETH & soon $SOL due to its built-in protocol design
best levered play on the majors + cross-chain DEX + highly reflexive zero-interest lending mechanics
Seiyans
Some Sei eco projects to explore & keep an eye out for:
Pallet
Yaka
vDex
Corner Market
Kawa
Silo
Poker Kings
IAN
Predx
CrownFi
Webump
Kryptonite
Solar
Nitro
The 4844 upgrade will mark the start of the next run-up for $TIA & the resurgence of the modularity narrative.
Already seeing some front-running of this by savvy market participants.
.
@DefiKingdoms
has managed to accrue over $280M TVL on Harmony, which is a ~$500M TVL chain.
Imagine what DFK will be able to do on
#Avalanche
, which currently has over $13B TVL.
$JEWEL
Call me a bulltard, but flows have obviously begun to revert back towards positive territory as $GBTC Genesis outflows are likely behind us, CB premium is back, FOMC confirmed a dovish Fed, halving around the corner, Fink continues his crypto parade…
Bottom is in.
This whole situation was a sobering experience.
Financially I was quite thankfully not affected, but emotionally it will leave a deep scar.
Especially when I reflect on how many people I might have inadvertently misguided into a scam.
$RUNE
+ lending / buyback mechanism makes this a levered play on BTC & ETH PA
+ ignored market leader
+ lots of backing from influential OGs (e.g. Vorhees)
at an incredible accumulation zone of ~$5
looks like sei & tia before their runs
loaded up
valhalla awaits
Legends will be told about those that (❄️,❄️) and chilled.
Don’t let them tell you that you were just lucky to press a “stake” button on a forked monetary experiment delivering 6 figure APY.
We are truly psychopaths and deserve to be immortalized.
$SB is Valhalla or bust.
$SB has undoubtedly become one of the most exciting products out there.
Everyone is paying attention.
Question is: are you reaping the rewards or just watching from the sidelines?
As for me I’m (❄️,❄️) and chilling.
example:
$RNDR, $SEI, $INJ, $SOL, $TIA
being quickly discarded by everyone, after being market darlings
looking to long these, as they should catch a bid once $ETH & L2s start to cool off
then once again, rotate back
Quite simple market to trade.
You wait for yesterday’s winners to chopsolidate & long.
Example: yday $OP & L2s were left behind by influenceoors, as they piled onto $SEI.
That’s when you longed L2s.
Don’t chase.
Just play the back & forth attention rotation between winners.
Bought a bunch of pandas.
Someone had to do his part to break us through the 2 ETH floor.
As an MMA practitioner, I can tell you that these are on-par with Pudgies from a BD standpoint & personally deliver me a lot more value.
Do your thing
@icebagz_
.
@traderjoe_xyz
trading volume has been picking up ever since the start of the year.
+358% growth in the last 30 days.
On-chain activity is increasing & the people like the LB.
Bullish $JOE.
$SB has the 4th largest Treasury Balance of the Olympus-like projects in less than 1 day?
TIME, OHM, KLIMA, and then SB?
This has to be record setting.
(❄️,❄️)
1/
@DefiKingdoms
’
#AVAX
deployment will be extremely successful & give the game a significant boost in all respects
2/ This will incentivize a wave of other GameFi projects to migrate over to
#AVAX
3/
#AVAX
will solidify itself as the premier GameFi chain in 2022
Hsaka has taught me that when you have tremendous conviction on a trade, you have to go for the jugular.
It takes courage to be a wolf.
It takes courage to ride a profit with huge leverage.
$DYM already trading at ~$5.75 on aevo
the success of the $DYM airdrop will catalyze the next capital wave into the modularity & cosmos eco themes
akin to how the solana eco airdrops lit $SOL & the entire solana ecosystem ablaze
@cburniske
Yes, but $SOL was a $100M mkt cap token at the time vs. $TIA currently at a $9B FDV.
If 100x => $TIA at ~$1 Trillion FDV?
Keeping an open mind, but might need Powell to go full Zimbabwe.
Extreme derisking into the FOMC & dotplot.
Market now pricing in Fed rate cuts to November '23 levels, which precede the "Fed Pivot" narrative kindled by the dot plot in December '23 that led to the current broad risk asset rally.
Suggests that the FOMC & dot plot will now be a…
The largest impediment for wif is that the meme caters to a mostly western anglophone crowd.
Its pronounciation is particularly difficult for non-english speakers & the joke is lost in translation.
Wif will do well, but other memes like Pepe are much more global.
See this?
That’s not the $SB chart, it’s the $TIME chart during the 1st week after launch.
We’re witnessing very similar dynamics with $SB.
The game theory is playing out.
Trust the process and (❄️,❄️)
It's the denominator stupid.
S&P, when viewed relative to the money supply, topped out at exactly the same level it was at right before the March 2020 crash & the ensuing unprecedented monetary intervention.
Know what you're trading.
@zhusu
In this case, hawkish monetary policy is an illusion of control, akin to some of the excessive pandemic mandates, that will lead to many unintended consequences.. stagflation among them.
Warning: be very careful with
@SnowsafeDAO
.
It has NO association with
@SnowbankDAO
or it's affiliate products (e.g.
@SnowdogDAO
) afaik.
Just (❄️,❄️) and chill.
$SB $SDOG
"Depending on the number of $SB you minted during Ignition Phase (including $SB still waiting to be claimed from the minting vesting), you will be eligible to a future airdrop that will accrue your APY."
Interesting.. airdrop anyone?
Source:
@SnowbankDAO
discord