Miles Morgan

Someone needs to explain why the $MEGA long play is not going to work. ▫️Echo, Fluffle & Sonar participants mostly sold their allocs. ~700M committed to the terminal, yet price is down every day. Let me explain why. 👇 ▫️@megaeth is cool, but coolness ≠ making money. They pumped CT with the KPI bonuses and 2.5% additional terminal rewards but is it really what it seems? First of all, you're mostly seeing what you can achieve if all KPIs are met at the current price, and if you check the KPIs, not all of them are easy. ▫️Every day I'm seeing posts about TVL up, USDM adoption is insane. OK, but is not the case actually Aave & Ethena are also farming MegaETH. Currently there's a MEGA distribution to the pools that's why they insta filled. Also, Aave promised $2M yearly revenue with Megaeth covering the difference if protocol's revenue conditions aren't met. ▫️With the usdM I'm fully supporting the idea, but the problem is you need a killer app. There are just casinos right now. There's @CapApp (which I'm an early user of), but they're adaptating their own stablecoin (cUSD) and have their own dynamics that's why the team didn't add the project to the terminal imo. Because it could halt usdM usage. So with current conditions I'm SHORT biased on $MEGA everybody is just farming at every scale and nothing new. I hope I'm the wrong one and the ecosystem grows sustainably.

This is terrifying @Ledger. I just received a physical scam letter at my home address in Italy 🇮🇹 How the hell do scammers have access to the addresses of Ledger users? This goes way beyond phishing emails now. People’s safety is literally at risk.

Secure regulated crypto exchange @gemini received $100M in funding from @winklevosscap.

@cevikfinance Aynen bir de sofi ve hims alanlar daha kotu durumda🤣🤣🤣🤣 Ben demistim demeyi bilen Uzgunum hata yaptim demeyi ogrenmeli🤣🤣🤣