Crypto Mumbles
Solana's 'Crime Gap' https://fxtwitter.com/MiyaHedge/status/1949475904159093081
some thoughts on this:
- solana trenches does feel a bit cooked for awhile in the bigger scheme of things. maybe it returns stronger in q4
- people are looking to buy bundled or crime coins
- explains why there has been no big runners recently
- current rotation to utility/tradfi pve coins makes sense
- trenches liquidity wiped by pump tge
- devs are flexing video edits of themselves rugging during bonding curve for a quick couple grand
- launchpad wars on solana fragments a lot of liquidity, remember the times when we only had pump? (similar to constant L2 fragmentation)
- bonk ca vs pump ca (wtf?)
- without a shepherd (like bonkguy) herding people into buying a coin, it cannot run! how did we even get here? we had runners running nonstop left and right in the past even when there was no shepherd herding sheeps
- money can definitely still be made, just as how i said that there will be always be a subset of participants hypergambling in the trenches due to port size or just preference
- what then, would be your odds of winning when the house has greater odds than a casino?
- if the situation does not change, liquidity continues to funnel/concentrate into utility picks as trenches slowly dry out (until the next wealth effect)
how did we even get to this state??
- solana trenches does feel a bit cooked for awhile in the bigger scheme of things. maybe it returns stronger in q4
- people are looking to buy bundled or crime coins
- explains why there has been no big runners recently
- current rotation to utility/tradfi pve coins makes sense
- trenches liquidity wiped by pump tge
- devs are flexing video edits of themselves rugging during bonding curve for a quick couple grand
- launchpad wars on solana fragments a lot of liquidity, remember the times when we only had pump? (similar to constant L2 fragmentation)
- bonk ca vs pump ca (wtf?)
- without a shepherd (like bonkguy) herding people into buying a coin, it cannot run! how did we even get here? we had runners running nonstop left and right in the past even when there was no shepherd herding sheeps
- money can definitely still be made, just as how i said that there will be always be a subset of participants hypergambling in the trenches due to port size or just preference
- what then, would be your odds of winning when the house has greater odds than a casino?
- if the situation does not change, liquidity continues to funnel/concentrate into utility picks as trenches slowly dry out (until the next wealth effect)
how did we even get to this state??
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another token i really like and have been buying is $hustle
will share more tomorrow
will share more tomorrow
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Crypto Mumbles
https://x.com/YokaiCapital/status/1949178467503034395
this will be interesting to see and imo if they are going to do it, they have to go all the way ie. ALL tokens paired w bonk
option alone won't do much except sound bullish before every dev reverts back to pairing w sol
also, 99% of trenchers use terminals to trade, so terminals will have to adapt (takes time) and now as a trencher i have to hold both bonk and sol to trench
and we will revert back to the path of least resistance (sol) because i can trench every other launchpad as well
option alone won't do much except sound bullish before every dev reverts back to pairing w sol
also, 99% of trenchers use terminals to trade, so terminals will have to adapt (takes time) and now as a trencher i have to hold both bonk and sol to trench
and we will revert back to the path of least resistance (sol) because i can trench every other launchpad as well
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the j-curve*. THIS.
happened to EVERY top performing coin rn: hype, bonk, ena, zora, etc.
what happens is that when projects begin phase 3 and pulls multiples off all time lows, we're wired to think
"ah, i've missed the move"
"it's too expensive now, i could've bought lower but missed the trade"
i mean ofc its gonna be up multiples off ATL its ATL for a reason
but it literally just began phase 3 and you're already quickly dismissing the remaining 80-90% of the move in phase 3
haven't seen this being thrown in awhile, but winners average winners
winners will only continue winning in most cases
*this only applies to utility coins
happened to EVERY top performing coin rn: hype, bonk, ena, zora, etc.
what happens is that when projects begin phase 3 and pulls multiples off all time lows, we're wired to think
"ah, i've missed the move"
"it's too expensive now, i could've bought lower but missed the trade"
i mean ofc its gonna be up multiples off ATL its ATL for a reason
but it literally just began phase 3 and you're already quickly dismissing the remaining 80-90% of the move in phase 3
haven't seen this being thrown in awhile, but winners average winners
winners will only continue winning in most cases
*this only applies to utility coins
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