Stop looking at the FDMC

FDMC is a derivative of price in a vacuum, whereas MC is a derivative of buy pressure.

Whilst the FDMC is useful for many things, inferring the current value behind a project is not one of them.

Full article: https://thoughts.simplicitygroup.xyz/p/mc-vs-fdmc

Investment announcement: Zoth

Great to participate in Zoth's private round, joining Borderless Capital, Blockchain Founders Fund, Gemhead Capital, and a plethora of other solid investors.

About Zoth: https://x.com/SimplicityWeb3/status/1801229866106269747

Silent Protocol promises to defeat the problem of state denial while solving the privacy trilemma. One to keep an eye on.

Seems the VCs are still moving slow; last week's raises have been pretty low, but at least we're still moving.

Seems like the industry is starting to shift. Top movers over the last week have only seen 1 meme...

Bitcoin $BTC is in the greedy range despite the price not completely breaking ATHs.

Are we due for a bigger retracement?

Bitcoin Ecosystem: Where It Went Wrong, and How DLC.Link Can Lead The Way

Bitcoin stands as the undisputed king of crypto, pioneering the movement and still dominating the industry. Thus, many seek to capture its value by enhancing network utility, yet current solutions fall short.

Enter DLC.Link: a promising alternative offering a non-custodial, decentralised approach to integrating Bitcoin into other ecosystems. This unlocks its full potential as both a store of value and a medium of exchange.

Explore more about the existing BTC ecosystem and DLC.Link's transformative impact below!

Seems like launches are slowly but surely on the come up.

The hype, despite the growth of $BTC price, is dying. This bull market is more like a bear market with a party hat on.

Over 65% of $SOL is currently being staked.

Out of a circulating supply of 462M, 379M is staked across different staking providers, validators, and delegates.

Source: https://www.stakingrewards.com/

Binance listings coming in clutch: 32.35x to a $150M market cap (currently holding floor at $130M) - impressive.

Even Pareto would be amazed at this distribution. The #1 spot of the known investments closing last week has a surreal gap.

Feels like yesterday we were celebrating getting to 200. Pleasure to have everyone here.

As $BTC grows higher, the ETF holdings start to get sold. Arguably, we're in a distribution phase.

🤝 Great to be working with CoNET Network 🤝

CONET establishes a physical virtual network infrastructure on the Internet based on the Layer Minus communication protocol.

Upon entering the network, users replace their Internet IP addresses with encrypted wallet addresses as identifiers, achieving anonymous and secure data communication.

Whether it's:
🔹 regular Internet data communication,
🔸 blockchain communication,
🔹 IoT (Internet of Things)...

CONET can serve as the underlying infrastructure to the entire internet, providing privacy, anonymity, and secure data communication.

🚀 Why we're bullish
CONET is constructing a Decentralized CONET Private Network (DCPN), turning centralized servers into decentralized ones. Due to the absence of centralized servers, user data is never recorded, leaked, or susceptible to hacking during DCPN transmissions.

We look forward to seeing what's next 👏

The market is still moving, most notably these guys.

Project Spotlight: Bitwave

Digital asset finance platform for enterprise. Features include tax & inventory, accounting, DeFi monitoring, NFT tracking, Payments, and Reporting + APIs.

This year, Fantom's wallets growth has slowed down compared to the growth during the bear market.

Is this more indicative of Fantom's own tech/GTM, or is it a sign that the industry isn't very mature and most wallets go for meme coins on Solana and Base?

Exploring memecoin domination

🔹 Top 3 cryptocurrencies - $BTC, $ETH, and $USDT - have an average of $9-13Bn daily inflow volume.

🔸 Top 3 memecoins - $SHIB, $WIF, $PEPE - have an average of 2x - $20Bn.

Full article: https://thoughts.simplicitygroup.xyz/p/memecoins