current price: $0.35 / 3.5b FDV

Shrapnel // $SHRAP

Shrapnel is a moddable FPS game built by a unique team of BAFTA & Emmy Award-winning talent, using UE5 & blockchain.

Investors and Partners
Razer, Dragonfly Capital, Mechanism Capital, GuildFi, Spartan Group, Merit Circle, DeFiance Capital, Avalanche, and more. Full list here.

DWF is also market making for $SHRAP.

Shrapnel is also partnered with LayerZero Labs to make their in-game assets bridgeable - link

$SHRAP Utility
- Gameplay Rewards
- Skins
- Maps & Map Objects
- Content Curation
- Creator Rewards
- Governance
and more here.

More utility generally means greater demand and lesser sell pressure in the long run.

Market Supply
Currently, only about 8% is circulating, with the next immediate unlock being in 6 months (Ecosystem Fund). However, the biggest unlock is still a year away (Team, Seed, Early Investors, etc.). Team, Seed, and Early Investors all have a 1 year cliff, meaning they have 0 tokens rn.

Without near-term sell pressure, $SHRAP should go higher.

Others
> Early access in December - to participate, you'll have to get an expansion pack here.
> Very clean graphics and gameplay which can be seen in the demos on their Twitter.
> Heard that the liquidity on TraderJoe is thin, you might face slippages buying it on DEX. I personally bought on Kucoin.
> Shrapnel is already listed on Epic Games.

Thoughts
> Big backers and investors also means big dump when they unlock. Will be exiting before the big unlocks.
> Marketcap sits around 50m which feels quite underrated for a game of such calibre.
> Sauce is that early investors are currently only up 3-4x (unverified). I think we're relatively close to early investors' cost price.
> Success of early access would be key to whether $SHRAP flies higher or chop/grind up slowly. Looking forward to the reviews.
> GameFi narrative is heating up, Shrapnel fits in quite well. Pumpamentals + Narrative checks out!

#reads Shrapnel

$BONK https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-1000bonk-and-pyth-perpetual-contracts-with-up-to-50x-leverage-7b3f500e0eec40f380023b4ff0ccca18

[Hyperliquid Farming]

For those that are farming Hyperliquid w me, I realised that trading for your own vault could possibly increase your point allocation.

Points are rewarded for volume and also LP-ing in vaults. By trading for your vault, you are LP-ing into your own vault + farming volume. Additionally, if you're a good trader and more people deposit funds into your vault, you'll have more funds to increase your trade size -> more volume!

Ideally, you mirror your vault trades on your personal account as well. This way, you double your volume on one trade.

Been enjoying HL so far since I've started trading on it 3 months ago and it's my main perps platform rn. I'll sometimes mirror my trades on IntentX to farm both sides if I'm not doing the open close volume farm strat on it.

If you're lazy to farm on HL, you can simply sign up and LP into a vault (most popular one would be HLP) and get points too.

Ref not required to access the platform anymore, but appreciate if you do use my ref: https://app.hyperliquid.xyz/join/CM

#airdrop

PYTH update

lucky to have caught it before the Binance perps listing, pity cause i didn't manage to buy enough

currently in both spot + long positions (Hyperliquid), hoping to eventually see 0.50 (5b fdv)

but won't be surprised if we go higher than that in the short term because of low circulating supply

initial trade idea:
https://news.1rj.ru/str/cryptomumbles/5700

💵 1,000,000,000 # USDT (997,148,900 USD) minted at Tether Treasury —link

PYTH isn't stopping

it is running the TIA playbook but running it turbo

participants are now afraid of missing the next TIA move (x3 from airdrop levels)

not discounting the fact that CT influencers are pushing for it

technically speaking, Pyth is no match for Chainlink and 5b fdv would already be commendable

but given low circ, the right narrative, and market conditions, Pyth might actually pump past rational levels before correcting back

excited to see how this plays out

regarding my positions in it, likely i will loosely trail stops while adding to position on dips

JUST IN: 🇺🇸 SEC Commissioner says "there's no reason for us to stand in the way of a Spot Bitcoin ETF."

@WatcherGuru

just realised that i got drained

not sure how it happened because i'm very careful of the links that i click and this is the first drain that i've been a victim of

the hacker managed to approve infinite spending for the token and drained it away

if you're able to help me figure out what went wrong, do ping me @dpycm

stay safe frens

Binance Japan to list 13 tokens on 27 Nov:
HBAR, NEAR, OP, IMX, ARB, GRT, RNDR, MANA, EOS, GALA, APE, KLAY, LSK

https://twitter.com/chng_raymond/status/1727543152926728688

Quick summary of the drain

21/11 Tuesday, 12.29pm
> hacker approved infinite spending of token
> tried increase limit again but tx failed
> drained the token to his wallet

1. I wasn't at my desk during the time of drain, hence it couldn't be that I clicked a phishing link of sorts
2. I have wallet guards installed such as Pocket Universe and Web Guard for months. No alerts at all the past few days.
3. Hacker only drained my wallet's biggest holding, rest of the assets were left untouched.

Current assumption is that my private keys have been compromised, given that I do store my hot wallet private keys on my PC. Also thankful that I was able to shift everything to my cold wallet before more damage could be done.

It seems like the hacker had access beforehand and was just waiting to execute the drain. Many other victims were drained as well during the time of hack.

It is a setback and dent in my portfolio, but its not as bad as what other phishing or FTX victims have lost.

will work harder to run it back turbo.

stay safu frens and don't disregard opsec

always remain vigilant

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