Crypto Mumbles
btc short update prev weekly high respected stops to entry jic btc etf approval news tomorrow pumps it past 30.5k
btc short update
completion w bonus for runners
completion w bonus for runners
unfolded. DeFi
Connext to airdrop native token 'Next' in early September — link
vxTwitter
Connext (@ConnextNetwork)
A NEW CHAPTER IN CROSSCHAIN INNOVATION
➡️ We are thrilled to announce the airdrop of NEXT!
A huge step forward for the decentralization of the Connext ecosystem, the NEXT distribution will also be a first-of-its…
💖 32
➡️ We are thrilled to announce the airdrop of NEXT!
A huge step forward for the decentralization of the Connext ecosystem, the NEXT distribution will also be a first-of-its…
💖 32
Forwarded from unfolded.
In August, the total market capitalisation of stablecoins fell 1.28% to $124bn, the lowest stablecoins market cap since August 2021. This is the seventeenth consecutive month of decline in stablecoins market capitalisation.
Crypto Mumbles
arb we've played it level to level but now it has broken down below the range i think a continuation is due given the state of the market maybe to ~$1 at least?
arb
TP-ed
venturing into new lows so its a bit iffy for me
TP-ed
venturing into new lows so its a bit iffy for me
Crypto Mumbles
OI even higher than the run up to 30k and its quickly piling up on this dip insane disbelief by participants + i guess 28.4k is a decent level of support if we get flushed downwards further its not gonna look good
aaand... scene
btc complete flush of OI
just look at the long liqs
btc complete flush of OI
just look at the long liqs
Crypto Mumbles
rn CT is starting to get flooded w bullposting if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k) the way MMs love to play it is ideally to push price past a euphoric price in this case…
run it down pronto (jk)
back to the same btc price when i posted this
https://news.1rj.ru/str/cryptomumbles/3317
back to the same btc price when i posted this
https://news.1rj.ru/str/cryptomumbles/3317
Telegram
Crypto Mumbles
rn CT is starting to get flooded w bullposting
if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k)
the way MMs love to play it is ideally to push price past a euphoric price
in this…
if this were to play out similar to what i’ve experienced before, we’ll grind up just to nuke back down (lower than 25k)
the way MMs love to play it is ideally to push price past a euphoric price
in this…
Forwarded from TheBabylonians
X (formerly Twitter)
DeFi Man 🫐 (@DeFiMann) on X
This is the real fee market share in Perp DEX when there is some decent volatility and not just 0.1% moves
@GMX_IO hoards more than 75% of the fees
$1.6M in fees last 48h (v1)
$60k in fees last 48h (v2)
Insanely undervalued, don't fall for the pysops
@GMX_IO hoards more than 75% of the fees
$1.6M in fees last 48h (v1)
$60k in fees last 48h (v2)
Insanely undervalued, don't fall for the pysops
TheBabylonians
https://twitter.com/DeFiMann/status/1692323001067327859
pleasantly surprised on this
in the recent run up of HMX, many GMX investors have switched over citing it is the new king of perp dex (esp when HMX was doing 100m vol and soaring TVL)
during times of low volatility, traders preferred trading more alts for % moves-> flock to hmx/ other perp dexs
now when volatility is back, the king of perp dex has woken up on its main pairings
liquidity moat? -> big traders still prefer GMX’s depth
hence, during times of volatility traders flock back to GMX to execute
amazing 75% fee market share tbh
in the recent run up of HMX, many GMX investors have switched over citing it is the new king of perp dex (esp when HMX was doing 100m vol and soaring TVL)
during times of low volatility, traders preferred trading more alts for % moves-> flock to hmx/ other perp dexs
now when volatility is back, the king of perp dex has woken up on its main pairings
liquidity moat? -> big traders still prefer GMX’s depth
hence, during times of volatility traders flock back to GMX to execute
amazing 75% fee market share tbh
will be starting work next week as a research analyst intern once again
will be busier w school + work so postings might get lesser
but will still update whenever and hopefully share alafa
this cycle we're gonna comeback stronger than the last one 🫡
(blz share alafa w me too frens)
will be busier w school + work so postings might get lesser
but will still update whenever and hopefully share alafa
this cycle we're gonna comeback stronger than the last one 🫡
(blz share alafa w me too frens)
👍6
bought my first clip of $HMX, will dca down if it dips as well
imo HMX can run this cycle given its performance rn
current stats:
7d fee ranking - 4th
30d fee ranking - 7th
TVL on arb (derivs) - 4th
fdv - 27m
mcap - 17m
i've also tested out the platform out and its very user friendly, while teasing a mobile version (big if true)
i think it has the potential to grow into the bull cycle -> its a 12x to gmx's current mcap and its a pretty conservative estimate
the team is responsive and has been delivering quite well thus far
airdrops are vested similar to gmx's delayed unstaking model so no worries bout selling pressure when airdrops are released in sept '23
looking forward to see how hmx continues to perform in this "bearish" chop to the eoy
will reevaluate then
*tbh level finance is also a perp dex that i'm watching but with them primarily being on bnb chain isn't gonna do it rn
imo HMX can run this cycle given its performance rn
current stats:
7d fee ranking - 4th
30d fee ranking - 7th
TVL on arb (derivs) - 4th
fdv - 27m
mcap - 17m
i've also tested out the platform out and its very user friendly, while teasing a mobile version (big if true)
i think it has the potential to grow into the bull cycle -> its a 12x to gmx's current mcap and its a pretty conservative estimate
the team is responsive and has been delivering quite well thus far
airdrops are vested similar to gmx's delayed unstaking model so no worries bout selling pressure when airdrops are released in sept '23
looking forward to see how hmx continues to perform in this "bearish" chop to the eoy
will reevaluate then
*tbh level finance is also a perp dex that i'm watching but with them primarily being on bnb chain isn't gonna do it rn
👍1🔥1
bought some rollerblades as well (RLB)
realised i spend quite a lot of time thinking and waiting for entries but since i plan to hold this position for months i think i can afford to be little less sensitive as i'll dca dips anyw
reminds me of "the best positions are often the most uncomfortable ones"
not sure if 0.13 is coming so screw it
realised i spend quite a lot of time thinking and waiting for entries but since i plan to hold this position for months i think i can afford to be little less sensitive as i'll dca dips anyw
reminds me of "the best positions are often the most uncomfortable ones"
not sure if 0.13 is coming so screw it