Crypto Mumbles
https://x.com/docXBT/status/1936484535685775742
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Doc (@docXBT)
Market Selloff Dynamics + Bottoming
The goal of this write up is to give you a bit of insight on how I spot HTF pivot points in markets. We want to understand the psychology behind risk unwinding and use that to our advantage to potentially spot bottoms.…
The goal of this write up is to give you a bit of insight on how I spot HTF pivot points in markets. We want to understand the psychology behind risk unwinding and use that to our advantage to potentially spot bottoms.…
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heaven still trading at 44m which doesn't make sense, because at the very least it should be above launchcoin
eg. you see 345k revenue in the past 24h, it means 345k is directly going to buying and burning light
but i'll discount a bulk of it due to launch day hype
sustaining at such levels will result in an epic repricing
eg. you see 345k revenue in the past 24h, it means 345k is directly going to buying and burning light
but i'll discount a bulk of it due to launch day hype
sustaining at such levels will result in an epic repricing
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Crypto Mumbles
some thoughts on light and why i choose to continue holding my (small) presale bag heaven dex / $light - 100% flywheel mechanism - cheap relative valuation at 30m - ct finished grave dancing (it was a botched launch so its warranted) - raised 27m, easy to…
3x-ed since my prev thoughts on it
ico buyers up ~2x
ico buyers up ~2x
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Forwarded from peace speaks
had a few people wondering how this is possible
tdlr: lp fees are an archaic amm mechanism that is rooted in the ethereum torrenting-adjacent ethos of "if we all seed a little bit to liquidity, we can share the wealth everytime trades usdc!"
and you're earning like 0.04% on every trade or some random defi boomer bullshit
there are literally no reason to still use lp fees for primary pools for memes/icm aside from the fact that it makes lp thicker with volume
i'd rather just make the lp thicker algorithmically as price goes up so we know that it will scale well
the result? 5x higher fees than pump back to the flywheel with no additional cost to the user
no other launchpad can do this because they are literally all paying meteora and raydium 0.3% to facilitate their transactions
we ARE meteora and raydium
thats why we're so fking profitable with low volume and NO additional fees taken from users
tdlr: lp fees are an archaic amm mechanism that is rooted in the ethereum torrenting-adjacent ethos of "if we all seed a little bit to liquidity, we can share the wealth everytime trades usdc!"
and you're earning like 0.04% on every trade or some random defi boomer bullshit
there are literally no reason to still use lp fees for primary pools for memes/icm aside from the fact that it makes lp thicker with volume
i'd rather just make the lp thicker algorithmically as price goes up so we know that it will scale well
the result? 5x higher fees than pump back to the flywheel with no additional cost to the user
no other launchpad can do this because they are literally all paying meteora and raydium 0.3% to facilitate their transactions
we ARE meteora and raydium
thats why we're so fking profitable with low volume and NO additional fees taken from users
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too many thinking in binary, its a good thing tho because it means its early
"heaven can't flip pump, look at bonkfun, so not worth a trade"
if heaven can even capture meaningful marketshare and sit 2nd spot behind pump, don't you think 40m val is ridiculously underpriced?
not even factoring in the 100% flywheel and buyback effectiveness yet
"heaven can't flip pump, look at bonkfun, so not worth a trade"
if heaven can even capture meaningful marketshare and sit 2nd spot behind pump, don't you think 40m val is ridiculously underpriced?
not even factoring in the 100% flywheel and buyback effectiveness yet
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