feels like range bound accumulation

regardless started to dca some for the coming run

$PEPE has established its position in the market despite being a shitcoin

doge/shib vibes

there's also $BITCOIN and $JIM for high risk to reward plays

Two whales 0x8b9 and 0x362 (probably one giant whale) jointly swapped 3,146 $stETH and $ETH ($5.72M) to buy 788,877 $LINK at an average price of $7.25 over the past 45 mins.

$LINK price skyrocketed by ~7% from $7.12 to $7.5 since their purchases

so after doing some interactions today on stream (debank) i have achieved a Total Value of Followers (TVF) of $468k

pretty crazy imo but tbh its just because this whale with a $400k wallet followed me after i shared w him my thoughts on $link 🫡

this is pretty fun

should protocols make money?

many interesting points in this article

some points that i liked:
- the simplest moat in web3 is liquidity, but the real moat is the community -> many popular dApps have been forked but to no success because you cannot replicate the community which provides the liquidity

-with every new L2 (new shiny thing), we fragment the number of users web3 native products can have

- narratives > fees generated/financial ratios etc.

-the more crowded a market segment gets, the lower the probability of a new entrant being able to command higher take rates or sticky users

https://www.decentralised.co/p/value-accrual

#reads

would take a trade on matic at the two green boxes

laddering some limit longs

i think SOL should be a clear short if it rejects like that

level to level play

“Paymasters” (account abstraction extensions) will let users pay gas fees in the native token they’re transferring

EIP-4337

https://cryptoslate.com/vitalik-buterin-sheds-light-on-ethereums-account-abstraction-journey-at-ethcc/?amp=1

In contrast, EIP-4337 has received broad support as it implements account abstraction without requiring large-scale changes to the Ethereum protocol. But for users currently using EOA-based wallets, it means having to move assets from an EOA to a newly deployed contract account—a potentially complex and costly process, given high gas fees on Ethereum today.

Metamask is considered externally owned account (EOA) based

https://metamask.io/news/latest/account-abstraction-past-present-future/

this part of crypto never fails to amaze me

https://twitter.com/0xlawliette/status/1682169921621626883?s=21&t=e0Ags9KBCRKDsP0fUGCMVw

Hamster racing team rugged their last project

https://twitter.com/blockanalia/status/1682107122618621952?s=21&t=e0Ags9KBCRKDsP0fUGCMVw

Horizen ($ZEN) hinting at SpookySwap migration??

goodbye fantom

https://twitter.com/horizenglobal/status/1682070140664397825?s=21&t=e0Ags9KBCRKDsP0fUGCMVw

US government offloads additional 8,200 Bitcoin tied to Silk Road, blockchain data confirms - Cryptopotato

Ethermail - web3 email service

$EMT token airdrop confirmed

free sign up by just connecting your wallet

get some EMC (points) after signing up and then just wait for the airdrop 🤠

my ref (much appreciated):
https://ethermail.io?afid=63c5b53c95529f65e509f28d

cheers