hey everyone, just shared a thread on how im positioning for august month.
Must read! and please Like & RT ♥️
https://x.com/axel_bitblaze69/status/1951587251818791231?
Must read! and please Like & RT ♥️
https://x.com/axel_bitblaze69/status/1951587251818791231?
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Aave has expanded to 16 different L2s but this aggressive expansion is backfiring. The protocol is losing money, the fees being generated aren’t even enough to cover the operational costs.
Most of them are not even generating $1M annual revenue, I took the screenshot of 26th July for this very reason because Fantom and Soneium didn’t even generate $1 on most days, that’s why they aren’t even showing up in the chart lol
So either Aave should stop spending resources on these unprofitable L2s or these L2s will have to figure something out to reach users otherwise these chains will slowly fade away from the industry before they even found product-market fit.
Most of them are not even generating $1M annual revenue, I took the screenshot of 26th July for this very reason because Fantom and Soneium didn’t even generate $1 on most days, that’s why they aren’t even showing up in the chart lol
So either Aave should stop spending resources on these unprofitable L2s or these L2s will have to figure something out to reach users otherwise these chains will slowly fade away from the industry before they even found product-market fit.
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The stolen Satoshi statue wasn’t actually stolen. Someone just chopped it off and dumped it nearby. Looks like someone bought the top 😂
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There’s no new official statement from China banning crypto, the ban has been in place since 2021.
Unfortunately, much of CT follows on recycled narratives. One misleading post goes viral, and suddenly every major account rephrases and amplifies it without verifying the facts.
The space deserves better.
Unfortunately, much of CT follows on recycled narratives. One misleading post goes viral, and suddenly every major account rephrases and amplifies it without verifying the facts.
The space deserves better.
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Alpha updates. 🪓
3 Massive Catalysts Brewing for ETH - Staked ETH hits record 29% - Ethereum hits a record-high level of leveraged short positions ever - Stable coin supply is at ATH
New Month New High
Stablecoin supply on Ethereum hits new ATH this month with +$8.8 Billion in last 20 days
Stablecoin supply on Ethereum hits new ATH this month with +$8.8 Billion in last 20 days
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Alpha updates. 🪓
🚀 Towns Step-by-Step Guide! 🏙️ 🔥 Raised : $51M 💰 Lead Investor : A16z 💸 Cost : $2 (minimum) High Potential low cost TOWNS = DISCORD OF WEB3 How to Participate? 🔹 1. Register on Towns 👉 Go to: https://app.towns.com/ 👉 Create an account using: Google,Twitter…
$TOWNS launches tomorrow.
Official Airdrop Checker is Live
Check here: eligibility.towns.com/check
just paste your wallet address to check. (you have to paste your towns evm address).
Official Airdrop Checker is Live
Check here: eligibility.towns.com/check
just paste your wallet address to check. (you have to paste your towns evm address).
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$MYX pumped 13x in just 3 days.
Funny how every time a token pumps abnormally, somehow Binance is right there
Billions in derivatives volume, milliona in liquidation on Binance, while spot and other exchanges’ derivatives show barely any action.
Funny how every time a token pumps abnormally, somehow Binance is right there
Billions in derivatives volume, milliona in liquidation on Binance, while spot and other exchanges’ derivatives show barely any action.
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Eth spot ETF saw the biggest ever outflow on 4th August with net -465M in outflow.
While Eth taker volume on binance hit -$418M yesterday marking it one of the biggest sell side volume in history
Retail is offloading heavily while institutions and whales are accumulating.
While Eth taker volume on binance hit -$418M yesterday marking it one of the biggest sell side volume in history
Retail is offloading heavily while institutions and whales are accumulating.
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What happened to presales now? why every presale is raising at such a high FDV?
Bitlayer presale is live on CoinList , raising $4M at $200M FDV. (vesting: 100% at TGE)
Billions network presale is live on Kaito Capital Launchpad, raising $5M at a $200M FDV.
(vesting : 75% at TGE, 25% unlock after 12 months)
Bitlayer presale is live on CoinList , raising $4M at $200M FDV. (vesting: 100% at TGE)
Billions network presale is live on Kaito Capital Launchpad, raising $5M at a $200M FDV.
(vesting : 75% at TGE, 25% unlock after 12 months)
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China vs Taiwan tensions seem to be heating up lately: The world's chip heart is under threat
People are ignoring the fact that the China-Taiwan conflict would be the most bearish trigger of all.
The world heavily depends on Taiwan for advanced microchips used in AI, smartphones, and high-end computing. According to IEP, a full-scale war over Taiwan could cost the global economy $10 trillion that’s 40X more than the impact of the Russia-Ukraine war.
IMO, further war escalation shouldn’t happen right now, but if it does, it could lead to a sudden and massive crash in global markets especially for tech stocks and crypto.
People are ignoring the fact that the China-Taiwan conflict would be the most bearish trigger of all.
The world heavily depends on Taiwan for advanced microchips used in AI, smartphones, and high-end computing. According to IEP, a full-scale war over Taiwan could cost the global economy $10 trillion that’s 40X more than the impact of the Russia-Ukraine war.
IMO, further war escalation shouldn’t happen right now, but if it does, it could lead to a sudden and massive crash in global markets especially for tech stocks and crypto.
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Hey everyone, must read this post if you’re thinking to enter the markets here. shared my thoughts;
https://x.com/axel_bitblaze69/status/1953467522189238769?
https://x.com/axel_bitblaze69/status/1953467522189238769?
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
Just my thoughts for anyone thinking to take an entry in the market here:
With more liquidity getting pulled out of the market today, i don’t think it’s not the best time to ape in blindly rn
US Treasury is draining $100B out with the T-bill auction cuz…
With more liquidity getting pulled out of the market today, i don’t think it’s not the best time to ape in blindly rn
US Treasury is draining $100B out with the T-bill auction cuz…
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New Task: Linea launched rewards.
Visit: https://linea.build/hub/rewards
- Connect your wallet
- Spin and get rewards
Cash rewards up for grab from $10 to $500 on pure luck
you will get 1 free spin every day.
For Extra Spins: +1 spin for each task
- Swap on the Linea Hub ( $10 swap is enough)
- Own Linea Name (+1 spin everyday)
- Lend at least $50 USDC on AAVE (+1 spin everyday)
Visit: https://linea.build/hub/rewards
- Connect your wallet
- Spin and get rewards
Cash rewards up for grab from $10 to $500 on pure luck
you will get 1 free spin every day.
For Extra Spins: +1 spin for each task
- Swap on the Linea Hub ( $10 swap is enough)
- Own Linea Name (+1 spin everyday)
- Lend at least $50 USDC on AAVE (+1 spin everyday)
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