Rayme.hl 🕯
2.7K posts






























Vaya qué sorpresa, $LIT pumpeando 1 semana después tras recibir: -FUD histórico en CT -Acusaciones al team y LLP -Miles de rastreos onchain buscando mil agujas en un pajar La mayoría sidelined o fuera malvendiendo Un +4% Y 1,7M$ de ventas limpiadas del OB y empieza el FOMO






This basically destroys the whole “zero-fee” narrative. Some people might say this is bullish (supply control), and it could be true in the short term, but in the long term it is actually worse than it seems. The narrative stated that retail would trade for free and that market makers and HFTs would pay fees in order to get this retail flow, but the truth is that an entity that has been trading for less than two months, and that generated roughly half of Lighter’s volume in that period, got paid $24M. This means that instead of just paying fees, they got paid around $500k per day for market making, while Lighter is making around $100–150k per day. So the issue here is: will they continue to pay them to do market making? - If not, volumes will drop even more (post-TGE, post good incentives, post Jump) and everyone will be fucked - If yes, how much money will they spend on them? If they pay cash, team is fucked; if they pay tokens, holders will be fucked. Really funny situation.

At the beginning of every bull cycle, from super-cycle to echo-bubble, I prep my mind with this. It's time.

















