Turtle 🐢
480 posts
$Brett $Normie all these shitcoins just popped out of nowhere and pamped a lot within a very short span of time. This is not at all healthy. A lot of People were eagerly waiting to take profits on them and now they are getting dumped by whales.
$Toshi was the only og project which grew constantly over a period of time with many pullbacks flushing out all whales continuously. This is a chart that is going to sustain at billion dollar market cap and even go higher. Making it the first cat meme to achieve this great feat.
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@SplitCapital explain this to the cats that 8xed their money on meme coins
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Biggest change between the cycles is the delta in underperformance or outperformance of an asset.
In 2021 even if certain assets outperformed, others would still be positive on the day.
Now the delta is wider than it has been. More dispersion, more work needed.
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Turtle 🐢 รีทวีตแล้ว
Can you believe Bitcoins dont even really exist? They're just like pieces of software running on a bunch of computers
We memed pieces of software to the point that bankers are now buying them for sixty thousand dollars a piece, except they're not even real pieces, they're code
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@0xRamenUmai @blur_io Cant look at raw multiples without accounting for incentives
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@blur_io currently does $6b / year in volumes (still bear market volumes)
if the fee switch is turned on, 2.5% in fees will generate around $150m in fees a year, implying 7x p/e
x.com/PacmanBlur/sta…
Pacman | Blur + Blast@PacmanBlur
This is a great proposal. Excited for the Uniswap community to implement this, and for the Blur community to be able to learn from Uniswap's experience!
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ethena & eigen is best indirect eth exposure u can get this cycle imo
Evanss6@Evan_ss6
Ethena -should drive down ETH futures funding rate -should increase ETH staked -CeFi elements (DYOR) re: custody / hedging -withdrawal queue / stETH depeg could be issue -overall cool design between sDAI and USDC/USDT. Curious to see if this finds PMF
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Tf is this a hot take
Colder than the slice of pizza I have stashed in my fridge
Probably going to smash that for dinner
Sim@simpelyfe
Hot take: of the profitable traders on CT, 90% wouldn't be if they didn't use their following to herd them into the trade. Some really large accounts come to mind. Incredibly mediocre skillset, but massive following allowing them to 'create' the trade instead of seeing it.
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Turtle 🐢 รีทวีตแล้ว
Turtle 🐢 รีทวีตแล้ว
