tldr;

bull: weak hands flushed out, strong hands keep stacking

bear: illiquid supply reaches the level similar to Dec 2017 top and surpassed the level during May 2021 top, both of which preceded major sell-off

https://insights.glassnode.com/the-week-onchain-week-09-2022/

#reads

bearish for crypto

wth is metamask doing

https://twitter.com/watcherguru/status/1499414900355047427?s=21

narratives to frontrun:

decentralized infrastructure
decentralized storage

no point in decentralized crypto with centralized servers or infrastructure

time to eat more Shake Shack

https://www.coindesk.com/business/2022/03/04/shake-shack-offering-bitcoin-rewards-for-customers-using-blocks-cash-app-report/

Jack and the $BEANstalk | Episode 2 is out on Spotify

also on Youtube

enjoy your weekend everyone!

I reduced my FTM allocation in my portfolio but it's NOT because AC left FTM

I've been seeing a lot of misinformation floating around some crypto chat groups

1. AC is NOT the founder of Fantom, he wasn't even a core dev
2. Fantom is not getting "rugged" - why would you even think it got rugged? the core team is still building and developing and just because a coin takes a dip/hit from market sentiment it does not make it a rug
3. and no, Fantom wasn't all just AC (read point 1)

I reduced my FTM bag because the user experience recently has been trash

I've been trying to claim staking rewards but the network congestion is ridiculous with gas fees going up (my transaction is STILL pending)

so no, not as bullish anymore seeing that Fantom is getting congested and unusable like that

and I think AC can finally take his well-deserved break from the space after much ungratefulness and ennoscriptd-ness from people

p.s. please always verify information and don't simply follow other members in crypto chat groups. don't simply follow me too!

just bought a Shizuka Assassin from the floor

amazing art imo

I bought purely for the art**

this is NFA

if you wish to check them out, here.

I won house game wl from Shizuka holder raffle

will be checking it out for potential mint

join to claim OG role for AoT collectibles

https://discord.gg/aotlegacy

seems legit

officially licensed

https://discord.gg/znEY7Mzj

Go to the giveaway channel and click on the prize box to get wl

whitelist first, decide later

cheers

https://twitter.com/Pixelwars2022/status/1501164108695101441?s=20&t=msRHPY7EX9xRWPWpp-4viA

probably the cause of pump

https://twitter.com/cmsintern/status/1501380787387744260?s=21

same thing again and again

if the actual release tomorrow (US timing) of the Executive Order is not as welcoming to crypto as worded here then prepare for a dump

rn the leak you see a welcoming stance such as "coordinated and comprehensive approach to digital asset policy"

tldr; ex-NOC Ryan shilled a P2E game which crashed from $796 to $0.50 in a few weeks and his followers all got rekt

gotta be careful who you're following and share w your newer friends to the space as well

it can be v dangerous

https://archive.ph/leDwe

Why are Layer 2s a superior solution vs low-fee alt-L1s? In order to understand this, we must abstract what a blockchain actually is from a macro level.

A 🧵 👇

https://twitter.com/pseudotheos/status/1501211170480472069?s=20&t=fbeqQaHEZWz2Rv-c77VaXw

#reads