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🚨 $BYTES YIELD NEWS
👉 All-Time Low in $BYTES daily yield reached: Today, staked @NeoTokyoCode Citizens yielded less than 3000 $BYTES total
👀 For perspective, approximately 15,000 $BYTES were purchased today, which is not atypical for daily buy pressure
☑️ In fact, some days have seen buy totals as high as 27,000 $BYTES in one day
👨🏻🏫 Other Facts
🗓️ We're well on our way to the 2nd halving point, expected around February 23, 2025 (note: halving *point*, not a full on halving like Bitcoin, as yield decay is daily)
🧮 At that point, only 2750 $BYTES will be yielded daily
↘️ The yield will continue to decrease daily along its exponential decay curve
👉 This implies that top yield whale sellers will eventually deplete their stacks
🧮 With a buy pressure to yield ratio typically seeing around 5-9x more buys than yield, it's just math and logic:
🤷🏻♂️ Yield sellers are running out of stockpiles, and yields aren't replenishing fast enough to match buy pressure
🚨 Thus an inevitable supply shock is approaching
💭 I’m not making predictions, but I encourage you to consider:
🗞️ News on the new ByteStreet Launchpad, offering access to seed/presale deals to non-Citizen $BYTES holders, will be unveiled when you’re not paying attention
👉 Then…
📈 If hyper-bullish market conditions persist, combined with ByteStreet news: buy pressure could more than double
🔥 Draw your own conclusions, but with this information and a bit of speculation, my bet is on this token's value going exponentially higher
🗒️ *Notes:
🔎 Follow @0xSanSSerif for deep dives on $BYTES tokenomics
👉 I’ve spent hours unpacking his exhaustive data analysis with help from Grok to arrive at yield news points
👉 $BYTES yield fluctuates based on several factors but we’ve deciphered the trajectory with several available data points
🗼 Grand Rising
$BYTES new chop zone $5.50-$7.30
🔋 Loading for next leg up?
👉 If you read my latest $BYTES tokenomics analysis and mega thesis posts, you’d know that we’re quickly seeing new supply yield diminishing
👉 Yield sellers are running thin and getting more fearful of letting go of what they’ve managed to hold onto
📚 Catching up? Here’s some homework:
🔗 $BYTES Tokenomics Analysis:
https://t.co/JGbUGstdqf
🔗 $BYTES Mega Thesis:
https://t.co/3nVz1Uukgq
🫡 NFA, just my observations
🗼 Grand Rising
🔥 $BYTES Mega Thesis
Two parts: 1️⃣ a teaser + stats, 2️⃣ the longform thesis for the non-skimmers
1️⃣ Teaser & Stats:
😓 Seeing $SUPER at $650M market cap wishing you had bought sub $35M?
😎 $BYTES is like $SUPER’s cool kid brother, a parallel play but still undervalued at sub $20M mcap
📋 $SUPER & $BYTES Similarities:
🎯 Gaming alliance powerhouses
🎯 Cult following, committed base
🎯 Both co-founded by @elliotrades
🎯 Longevity, track record
🎯 Industry-wide positive reputation
🎯 Innovative social marketing
🎯 “Crypto Gaming ETF” qualities
🔥 Where $BYTES stands out:
🔹73% of max supply already in circulation; 87% by Oct 2025
🔹50% of circulating supply staked
🔹Market cap 2.6% of $SUPER
🔹100% community holder base
🔹Partner token airdrops for holders
🔹Power duo co-founders: @ZssBecker & @elliotrades
📈 Current price: $4.17
✊ Holders: 7086
📊 Market Cap: ~$17M
🤿 If you missed my $BYTES Tokenomics deep dive, learn more here:
https://t.co/JGbUGstdqf
2️⃣ The Longform Thesis:
👉 Utilities, you ask? There are plenty, and I may cover them in a future post, but to me the main utility of $BYTES is simply that it provides access and exposure to the @NeoTokyoCode community and brand; S1’s (floor: 5.9Ξ) and S2’s (floor: 0.93Ξ) may be out of reach for many, thus $BYTES is essentially the de facto “S3” asset, or a fractionalized share of Neo Tokyo, accessible to anyone in Web3.
👉 When crypto gaming inevitably explodes, Neo Tokyo will be the inner sanctum of that universe, with over 200 gaming project founders, hundreds of top devs, and thousands of gaming investors among the members who hold S1 & S2 Citizen NFTs & $BYTES. Neo Tokyo aims to be among the foundational builders of the metaverse.
👉 From the NT X bio: “The Crypto Gaming Illuminati - Builders and Investors creating the metaverse. Powered by $BYTES.”
👉 Neo Tokyo is an exclusive Web3 gaming industry networking club likened to SOHO House, facilitating connections & investments among its members, providing a platform for networking, recognition, and collaboration rather than producing its own games. See @NTLaunchpad, Citizen Capital, the NT Citizen-created seed investment portal. See also: @RengoXYZ, “The Crypto Investor Network”, an official service of Neo Tokyo.
👉 @SuperVerse is a multi studio gaming alliance connecting a massive gaming community user base with the best Web3 games, sort of the Amazon Prime Gaming of Web3, so $SUPER & $BYTES are in many ways apples to oranges, meaning they are in no way competitors; on the contrary they complement each other perfectly. My thesis is simply that there are many similarities and synergies, and $BYTES by far is the more undervalued of the two assets when analyzing their market caps and holder bases. To be clear: I hold both $SUPER and $BYTES, insanely bullish on both, but I’m expecting $BYTES to do more X’s from here.
⛓️ $BYTES CA: 0xa19f5264f7d7be11c451c093d8f92592820bea86 (verify on CoinMarketCap)
☑️ As always, not financial advice
🗼 Grand Rising
The human garbage ( @DrJPEG_ ) that rugged you with @NFArcade and stole your money is "Off hiatus" now...
I wonder how much money he pocketed from all the capital raises and communities he scammed. All those communities and VC's take note.
Make sure show him some love 🗡️
Our token $BYTES is a tool to incentivize networking and building within Neo Tokyo.
With an aggressively deflationary emissions curve and relatively small supply, they have been an extremely valuable asset in the NT ecosystem for Citizens.
While $BYTES now have more utility than 99% of alt-coins, there is still room to make some moves, while maintaining these core principles. 👇
@MarketElites Hey @BeauTrades_ - you were the sole reason in was in steady stack, miss your info on the markets. Is it still possible to join your discord?
🐳TGIF Whales🐳
Another week coming to a close, are you ready to enjoy the weekend? 🎉
Have a beer, get $DRUNK or $NEKO, sit back and relax 🥳
@Neko_onbase@DrunkOnBase
PHWAAAAAAARGH 🌊🌊🌊
#TGIF
🐳Greetings Cetaceans, Felines and Xenarthans🐳
Well,well, @DrunkOnBase is pumping and @Neko_onbase is stable 🤑
All in all a good weekend for everyone🎉
Meme Whale supported coins don't crash and leave you empty handed. We grow together❤️
🐋+😼+🦥=🚀
Phwaaaaaaaargh!!!