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

*FED: MAJORITY SAW INFLATION RISK OUTWEIGHING EMPLOYMENT RISK

*FED: SEVERAL FLAGGED RISK OF INFLATION EXPECTATIONS UNANCHORING

*FED: SEVERAL NOTED CONCERNS ABOUT ELEVATED ASSET VALUATIONS

*FED: MANY NOTED FULL EFFECT OF TARIFFS COULD TAKE SOME TIME

*FED: SEVERAL EXPECTED COMPANIES WOULD PASS TARIFFS TO CUSTOMERS

LIBRA TEAM REGAIN ACCESS TO $57.6M IN USDC AFTER JUDGE RULES TO UNFREEZE ASSETS: DECRYPT

🔗 velo.xyz

KANYE WEST LAUNCHES “YZY” MEME COIN ON SOLANA: TWEET

Link

Singapore’s largest bank, DBS, has announced the issuance of tokenized structured notes on the Ethereum public blockchain, available to qualified and institutional investors through local exchanges ADDX, DigiFT, and HydraX. The first product is a participatory note linked to crypto assets, which settles in cash when prices rise while capping losses when prices fall. — link

and i thought it was a bug before the announcement

https://x.com/dpycm/status/1958253515769577977?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

3rd in 24h revenue in a relatively slow trenching environment

i have spoken about the possibilities of baseline revenue before, because the fees from trading light itself also goes to the flywheel

so the revenue numbers aren’t just a fad like most are thinking it to be

https://x.com/dpycm/status/1957769748516589822?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

i think once a trend has been established more buyers will be willing to step in

maybe if heaven remains relevant for more than ~2 weeks, but by then late buyers will be late to the move

anyw don’t bother annualising rev because of how fast things change in crypto

YZY has dropped below $1.

Whale 6ZFnRH spent 1.55M $USDC to buy 996,453 $YZY at $1.56, then sold for 1.05M $USDC at $1.06—losing $500K in less than 2 hours.

https://solscan.io/account/6ZFnRHDmfpXSoJZ7D6VMUQa44qXGSb2imnPYaf7h4J24#transfers

some people never learn when it comes to crime coins

insiders win

https://fxtwitter.com/TheMisterFrog/status/1958222604520857613