This project will surpass $NOT
$BLUM @blumcrypto will be the first 🥇
DO NOT MISS!
🔥 Last minute invitations will soon be exhausted. 🔗👉 https://t.co/EFLgbxQOrH
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Blum's squad is exploding! We've roped in over 2M+ users in less than a month. Fire! 🔥
As a massive thanks for stickin' with us through ups and downs, we've got a surprise drop coming your way on Monday 💎
FTX Files Consensus-Based Plan of Reorganization
98% of FTX Creditors to Receive At Least 118% of Allowed Claims in Cash within 60 Days of Effectiveness
https://t.co/7LTejvHp7q
Tokenized #RWA platform @UntangledFin opened its first USDC private credit pool on @Celo with French fintech lender Karmen. @sndr_krisztian reports.
https://t.co/IHisfGqZWr
The @Polkaverse 2.0 launch updates/content are coming back into the scope along with exciting $PSTR IDOs and listings. First update is going to be released this week 🚀
I can imagine an investor thinking: “Bitcoin is up 162% this year. Well, I missed it.” and giving up.
No. That’s the wrong mindset. It’s up almost that much EVERY year (on average). The 13-year trend growth rate is 117%.
Bitcoin, as a proxy for our industry, is still very cheap relative to its 13-year exponential trend.
Zooming into the graph of the log trend of bitcoin you can see that the rally in 2023 is just normal – the gold line has barely outpaced the 13-year trend.
So, even the rally we’re experiencing isn’t doing much to change the relative undervaluation of bitcoin.
Here’s a graph of the deviation of bitcoin from its 13-year trend growth rate. Even after the rally it’s still 74% cheap to the trend.
It’s only spent 13% of the last 13 years at that level or cheaper.
More on the state of the cryptocurrency market in our year-in-review blockchain letter: https://t.co/uCKjkEtv5z
A trader sold 166B $BONK for 4.55M $USDC at an average price of $0.00002743 after #Binance announced the listing of $BONK.
The total profit is ~$4.4M.
What is unimaginable is that one month ago, this trader was still losing money, and one month later today, he made $4.4M.
What a patient and smart trader!
After 10 months of accumulation, this trader ushered in the surge of $BONK.
He/she sold 48B $BONK for 17,677 $SOL($1.36M) after #Binance announced the listing of $BONK.
And currently holds 274.4B $BONK($8.33M), the total profit exceeded $9M!
FTX assets such as Anthropic, FTX 2.0, BTC/SOL/ETH etc + lawsuits can make FTX creditors at todays prices - recovery token
Do not be deceived. Unity is always best
All FTX creditors deserve to be made whole before Alameda lenders, IRS, lawyer fees, FTX equity holders