Mergedone
11.5K posts

Mergedone
@mergedone
Coq in hand, I march on!

@cryptoreine @avax Great job, it’s about to flip the market cap of the entire chain





.@avax distributed asset value has hit a new ATH of $2.1 billion. 🔺

@nobsfud C chain and L1s wouldn't last ONE MINUTE without the p chain (literally, if it halts they all die instantly)

ok, now add 7 minutes in the press release to make our chain look retarded a little

avalanche C-chain hit 80m monthly transactions, up 4x in 12 months. AVAX is at 5-year lows. the disconnect: 70% of those transactions are USDC transfers, fees were cut 96%, and ACP-77 removed the 2,000 AVAX validator stake requirement. burn rate is now 24% of what it was despite 6x more volume. avalanche treasury co. IPO'd at $675m, now down 95%, CEO resigned july 3rd, going-concern warning filed. the entity built to be the institutional AVAX bid is disintegrating. circle earns reserve yield on every dollar flowing through the network. ava labs earns a fraction of a cent per transaction. first L1 to explicitly choose network adoption over token value capture. the network is winning. the token is subsidizing circle's business model.

avalanche C-chain hit 80m monthly transactions, up 4x in 12 months. AVAX is at 5-year lows. the disconnect: 70% of those transactions are USDC transfers, fees were cut 96%, and ACP-77 removed the 2,000 AVAX validator stake requirement. burn rate is now 24% of what it was despite 6x more volume. avalanche treasury co. IPO'd at $675m, now down 95%, CEO resigned july 3rd, going-concern warning filed. the entity built to be the institutional AVAX bid is disintegrating. circle earns reserve yield on every dollar flowing through the network. ava labs earns a fraction of a cent per transaction. first L1 to explicitly choose network adoption over token value capture. the network is winning. the token is subsidizing circle's business model.


Giraffes on Avalanche 14.6 AVAX --> 200 AVAX There will only ever be 100 Giraffes.












