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Okay looks like it's over 1k viewership in 1 day, and It got the famous @CoinbaseDuck to reply, has followed him for a long time, gonna quote it.
$COIN will announce earnings in a week 5/2/2024.
Through the chart we can see 5 business days ago, the market wash out everyone who bought $COIN after 2/27/2024, and are you one of them, or you are like us loading more $COIN.
Still remember a month ago, my non-crypto friend complained about, why there was gas fee on transaction, why couldn't it be like venmo, just send/request the fund through phone or username, so he didn't need to worry about sending to wrong address with so many digits, and fat finger.
Upon ETH Dencun upgrade, @CoinbaseWallet smart wallet implement, and @CoinbaseExch expands on European and Asian countries. The smoothness of buying new token, minting, are through the roof, and people won't even aware they are already on-chain by using @CoinbaseWallet, because they can use credit card, and checking/saving account as payment.
For those crypto/token they are not listed on @CoinbaseExch, they will either use native swapping function on @CoinbaseWallet to swap, or using dex, (decentralized exchange) like $UNI (the biggest dex so far), but now $AERO is the biggest dex on $BASE, seeing more projects, developed on $BASE chain, and bridge from their original chain, but the interesting play is voting mechanism, we can see project like @LidoFinance use Liquidity pool to generate revenue, like this post: x.com/aerodromefi/st…. For normal people earning 12%-18% is crazy, they only need to put ETH to the pool to form LP on (WETH/wstETH or cbETH/WETH). The risen of $ENA can prove this.
Remember, Slipstream is in the process of being deploy as this post is written, and will be live today. but interesting things is there is ALM (Automated Liquidity Managers) going live on @VelodromeFi, and expecting to go on @aerodromefi, which will outperform UNIv3. Seeing this post from @0xTbot for more detail: x.com/0xTbot/status/…
Are you loading? $ETH, $COIN, $AERO
pickmejeff@pickmejeff
Interested write up, loading more $COIN, still don't know why if $COIN is the dominant exchange/custody of all the retail and institution, the price is still low like today. $COIN stored more $USDC in $BASE, and $AERO on the dark side is the defi exchange for $BASE. Image how big can $AERO go when $BTC boom, $COIN boom, and then $AERO boom. waiting...
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