Judge clears FTX bankruptcy plan, opening door to repayments: Court

🔗 link

Binance announced its 60th Launchpool project, Scroll (SCR), a zkEVM Rollup L2. Users will be able to lock their BNB and FDUSD to receive SCR airdrops within two days, starting from 2024-10-09 00:00 (UTC). The total supply of SCR is 1 billion tokens, with 5.5% allocated to the Launchpool. Binance’s Pre-Market will launch SCR on 2024-10-11 at 10:00 (UTC), opening pre-market for the SCR/USDT pair. —link

The Ethereum Foundation address deposited 2,500 ETH to Bitstamp 20 minutes ago, worth approximately $6.06 million.

https://platform.arkhamintelligence.com/explorer/address/0xa951A1BCBbD1bEE2cc35CFd96Dcf9d101e630c40

read the above^

and then look at how most (not all) cult memes *erased* the dip earlier today

then look at your cex memes/alts

i think after this cycle we’re gonna have a loooong winter

in the grand scheme of things the end of this cycle should be equivalent to the dotcom bubble bursting

then we slowly build again and then the real super apps will come and less than 1% of current projects will remain around

i think that’s gonna be really boring but also exciting

yeah this was bottom lmeow

trade would be to hold until it trades back into top 100 at least

One effective way to make large profits without taking too much risk is to be able to size up on an on-chain cook that pumps to $200M+ mcap starting from much lower

Since this summer we've had :

$GIGA
$NEIRO ETH
$SUNDOG
$NEIRO CTO
$MOODENG
$SPX
$FWOG

There is at least one opportunity like that every month.

The good news is that you don't need to catch all of them.

Actually, you just need to nail one.

i remember late last year i was still trying to figure out what would be the 3,3 of this cycle that gets everyone excited and kicks off the bull market

we had ohm previously and now participants are too aware of 3,3 to pile into another ohm fork again (because it collapsed!)

was thinking that it might be LRT, whereby folks just stake and restake and 3,3 to juice out yields, but that quickly didn't work out too

kept thinking that it had to be something new or innovative to captivate folks, but well...

i think we've found the 3,3 that we were looking for with the guidance of murad, nothing new or fancy but in fact an appeal to our basic beliefs as humans which is to have faith

to believe in something

no whitepaper or technical jargon bullshittery w complex mechanics that most are afraid of getting caught off guard by (ie. luna), instead with memes everything is laid out clearly - 100% circ, just a funny picture, and thin liq - so that every participant knows clearly what they're getting in to -> instills more confidence

i'll never underestimate faith because it is the basis of every religion and if you study the doge coin (ex) millionaire, you'll be surprised to see many more of these types of people with strong faith in their memes (extreme diamond handing) this cycle

only question is at what point will faith alone not be enough?

because at that point is when you start running for the exit doors

more mumbles but

now that we’ve *just* found the 3,3 of this cycle i think this market has more legs to go higher

BUT as i mentioned, at certain valuations faith alone is no longer enough for marginal buyers nor is it enough for early buyers to keep holding huge paper profits

this will be a luna speedrun

but at the same time we need murad to shill the masses by saying much higher! one more year to go! cycle ends late ‘25! for retail to have faith in the 3,3 jpeg of a frog

the exact pattern of previous cycles will repeat because human tendencies never change

and i likely won’t talk about this again for the sake of pve

i rotated some popcat profits into mini yesterday to try size up a little more

looking for strong price discovery

https://fxtwitter.com/trmachine888/status/1843652734714868227

i have to admit i lost iq after rotating to memes this cycle

can obama just go sonic already lmeow

hopefully i'll still get hired after my loss of iq