imajin

https://twitter.com/llamasalami/status/1685223633676115968?s=21&t=_kWcYVte0tQw0D_KNXWjUQ

Arthur Hayes' new blog predicts that artificial intelligence will use the DAO structure to organize itself in the future, relying on public blockchains such as Ethereum to operate, and DEX will become venues on which new AI DAOs trade. Read more — link

QCP capital predicted that the market is expecting a spike in volatility and possibly a large price increase in BTC towards the end of the year and into next year with the Blackrock spot ETF ruling as well as the Bitcoin Halving.

But now BTC and ETH continue their nonchalance to any macro headlines or market moves. Correlations with traditional macro drivers like the USD and equities have declined to almost zero. — link

if you wanna bridge to base rn

https://twitter.com/ahboyash/status/1685550195516305408?s=20

ape w care if you're on base

https://twitter.com/0x_vadym/status/1685585812887310336

$bald was free money if you were early enough

made a lot of people 6 digits

pick it up and then do nothing

outperformance

Base high-level stats:
- 14.6k ETH (~$27m) total value bridged to Base so far
- Top address (Smart DEX Trader label on Nansen) bridged $8m so far
- BALD launched and is sitting at 80m+ market cap within 24 hours
- Official bridge is not live yet

https://twitter.com/sandraaleow/status/1685595224817496064?s=20

imo $BALD is too crowded and early buyers are starting to TP at 80m mcap (and they are TP-ing in 5 digits) -> for now it is a bit late, let it pull back or just fade it entirely

fact: no one is able to bridge out of base yet

logical conclusion: rotation of gains into other newer memecoins

while some might sit on their new gains, most will try punting more memecoins on base

actionables: buy newer memecoins w lower mcaps
- preferably non repeated themes that have been used before (pepe, x, telebots, etc.)
- themes that are in line with bald thesis, base, and such because this is the coinbase meme narrative

i believe this will continue on until the official base bridge is live

here me out

the new meta rn is BASE, not memecoins that most might think (although yes memecoins are making big money for people)

BASE has more than $27m bridged in within 24h -> all these liquidity that went in CANNOT leave the ecosystem

$27m will remain within base and pvp until the official bridge is live

i expect more liquidity to be bridged into base as time passes

it also means liquidity was removed from other ecosystems, leaving lesser liquidity to fund previous narratives or narratives outside base

if you have the time it might be worth to trade the meta frens

but do so carefully please

understand that this is still under the broader degen meta umbrella

+ whatever new dapps you might hear coming out on base in the coming days

already 35m bridged

you can track here:
https://dune.com/tk-research/base

rotated out of this into base eco for a small loss

nothing wrong w fusion, more of opp. cost issue

better to trade the meta that has momentum