Coinbase is launching a second Stablecoin Bootstrap Fund, designed to deepen stablecoin liquidity in DeFi capital markets, managed by Coinbase Asset Management (CBAM).

holy shit lmao

@0xMerp Its only $4.6m

https://t.co/HGj9iig13f

Every tech bubble is initially pumped by some extraneous source of liquidity poured into unsustainable growth:

-Web2 consumer used VC for paid ads growth to pump MAUs
-Crypto used retail tokens to pump user rewards to inflate usage and hence the token
-AI…

over the past week, pump fun purchased ~$8,424,541 in $PUMP tokens, which equates to 97.29% of total revenue for that period (Aug 5-Aug 11)

to date, pump fun has purchased a total of $33,137,224 of $PUMP tokens, offsetting 0.729% of the total supply

Stablecoin L1s are a silly concept, but I understand why so many people will try it.

Stablecoins are just assets, and if most assets already live on the leading chains, why would anyone switch to a new one just for access to a subset of what’s already being…

Problem many have is curve fitting, over analyzing, attempted overoptimizing, simply too much thinking into things that will change results by 1% or less

You should just vibe check the world and make decisions based on your gut, do the basic things right…

This is the most bullish thing for Ethereum.

The recent wave of big fintechs (Stripe, Circle) launching their own L1s isn’t a sign that the L2 thesis is dead. It’s the clearest signal yet that the world is splitting into two camps:

Infinite censorship…

alright so basically my thinking is that when solbtc/soleth starts pumping that puts the top in for this current rally