Crypto Narratives
Have you noticed how many of the "permanently under-perfoming high FDV low float VC coins" are looking very good right now
$APT
$STRK
$ETHFI
$EIGEN
$W
$BERA
yes, that’s right, that’s the list
$STRK
$ETHFI
$EIGEN
$W
$BERA
yes, that’s right, that’s the list
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Some Bybit perp contracts getting manipulated hardcore
$SERAPH
$RFC
$SERAPH
$RFC
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Crypto Narratives
Tons of coins looking juicy but people are still trying to catch the picobottom of $XPL
The fake 'we are so back' pump on $XPL also happened on $PUMP
That being said, PUMP was bottoming there, while I think the potential downside risk is higher for XPL
That being said, PUMP was bottoming there, while I think the potential downside risk is higher for XPL
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Crypto Narratives
The new (Asian?) scam in town is $AIA Just like $MYX and $M, it has the usual scam combo : - Main spot venue is Bitget - Listed on Binance and Bybit on futures - Pancake LP on BSC - "For some reason", the main liquidity provider (Bitget-funded wallet) withdrew…
Absolutely organic price action.
$AIA
Tier-1 CEXes (Binance, Bybit) should not be listing this kind of dogshit
$AIA
Tier-1 CEXes (Binance, Bybit) should not be listing this kind of dogshit
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Rotated all my $BNB longs into $BTC
Targeting higher on BNB seems a bit greedy and I expect this BSC szn to slow down here
Worst case scenario it goes higher and I am holding BTC instead, which is very fine
Targeting higher on BNB seems a bit greedy and I expect this BSC szn to slow down here
Worst case scenario it goes higher and I am holding BTC instead, which is very fine
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Crypto Narratives
On the short side, it's more tactical and short-term, but I am (or have been) fading some of the current CT hot stuff $ASTER $WLFI $AVNT $STBL $IP Very flexible with these trades, bias can quickly flip
A lot of over-valued coins were decent fades lately
$AVNT literally went up 13x in less than 2 weeks on CEXes on the back of the perp DEX mania
$STBL reached a stupidly high val of $6bn FDV
$WLFI is a perma-fade above $20bn FDV
$IP reached $15bn FDV through short liquidations and KBW anticipation trade, 5x in 3 months
$XPL was obviously a very juicy short too ($15bn+) but it wasn't launched when I posted the tweet below
Now still waiting to see $ASTER break down properly. Not certain it will happen, it's the leading coin so it's the one getting the most buy pressure (see how the beta coin AVNT was a much better short despite being significantly smaller in valuation...)
That being said, always remember that more money is made on the long side, and with less risk (because you know your downside).
$AVNT literally went up 13x in less than 2 weeks on CEXes on the back of the perp DEX mania
$STBL reached a stupidly high val of $6bn FDV
$WLFI is a perma-fade above $20bn FDV
$IP reached $15bn FDV through short liquidations and KBW anticipation trade, 5x in 3 months
$XPL was obviously a very juicy short too ($15bn+) but it wasn't launched when I posted the tweet below
Now still waiting to see $ASTER break down properly. Not certain it will happen, it's the leading coin so it's the one getting the most buy pressure (see how the beta coin AVNT was a much better short despite being significantly smaller in valuation...)
That being said, always remember that more money is made on the long side, and with less risk (because you know your downside).
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Crypto Narratives
Random new dubious coin is up +620% on the day > Let's look at it closer > Main spot venue is Bitget > Listed on Binance and Bybit perps > BSC coin, main LP on PancakeSwap > No on-chain liquidity above a certain price level EVERY FUCKING TIME 💀
$COAI is clearly the top scam of October, running the MYX playbook
It is literally up 50x bottom to top in two weeks and is now trading around $7bn FDV
I am very much of the opinion that the scale of the scams that are allowed on Binance and Bybit perps is now unprecedented, after seeing $M, $MYX, $AIA and $COAI all happen in two months
"But Viktor, coins can go up a lot without being scams!"
Well, one simple filter that should make such coin ineligible to a perp listing on Binance is for example the fact that the main on-chain liquidity provider made sure not to have any COAI liquidity above $1.5...
It is literally up 50x bottom to top in two weeks and is now trading around $7bn FDV
I am very much of the opinion that the scale of the scams that are allowed on Binance and Bybit perps is now unprecedented, after seeing $M, $MYX, $AIA and $COAI all happen in two months
"But Viktor, coins can go up a lot without being scams!"
Well, one simple filter that should make such coin ineligible to a perp listing on Binance is for example the fact that the main on-chain liquidity provider made sure not to have any COAI liquidity above $1.5...
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Absolutely wild
If you got liquidated, know that a lot of people got liq’d too, this is insane
And don’t do anything stupid, it’s only money, you can always make it back
If you got liquidated, know that a lot of people got liq’d too, this is insane
And don’t do anything stupid, it’s only money, you can always make it back
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