also, nobody has an edge in forecasting the current cycle

the top calling started extremely early on and i remember people were calling for a left translated cycle back in 2023 because of etf approvals

we’re still here!

just practice risk management instead of timing the market ie. set personal invalidations, sell otw up

DO NOT let engagement farmers sway you by bear posting and make sure it’s your OWN decision

“i sold cause capo said we’ll retrace”

that’s on you buddy

the cycle ends eventually, yes, but does anyone know when? no.

bears have been consistently calling tops and will continue to do so until they’re right

pessimism feels like someone is helping you, optimism is a sales pitch

that’s why not everyone makes money

it’s all on you, champ

^

edit: some bears are still good traders, money can be made both ways, that’s the beauty of the market

50% of USDC transfers occur on Solana — link | AI comment

Futarchy

https://x.com/binji_x/status/1958151112147554599

Wormhole Foundation announces intent to acquire Stargate Finance — link | AI comment

🚨 LATEST: Hyperliquid tops revenue per employee at $102.4M, ahead of Tether ($93M) and OnlyFans ($37.6M).

Read more: ct.com

News | Markets | YouTube

Someone close to the pump team told me that there's a big update coming soon to PumpSwap with the fees system. They're going to be dedicating a lot more fees from trading volumes towards paying out creators/CTOs of projects — seems like they're going to be looking to capture all aspects of the market (ICM/streaming, etc) which should be exciting as you all know I did love the idea of Believe eco regardless of its outcome now

W/ the new fees layout creators like Grizz (Trencher artist) would've made $1M~ compared to the $50k~ she's made so far, Dollo artist would've made $200k~ compared to the $15k~ they've made so far and people like RASMR would've made over $100k~ compared to the $10k~ they've made now

Fee structure will be tiered, fees will gradually decrease as the market cap increases as well so whales will still be able to size/top blast into coins without worrying about fees

Should be cool as it'll massively onboard new projects/CTOs/creators to the space and incentive them to push their coins after launch. It’ll also give projects/creators more funds to put towards exchanges etc. Will also apply to ALL projects that are on PumpSwap, past and present

For context - current fee structure

And this is the new fee structure

A wallet that withdrew 15K BTC from HTX and Binance 7 years ago ($95M at the time) just used Hyperliquid to sell its BTC.

https://x.com/mlmabc/status/1958213342356701697

given that 99% of coins don’t pass 5mil, most degens are gonna bleed out

~1% tax + trading bot 1% = 2% per tx
buy sell = 4% per trade

pump repricing higher is also a net good in general (less the extractions out)

let’s see if it plays out