Csonic

Full time reply guy, proud mid-curver, reliable buyer of local tops. This acct will be Crypto focused until the end of the run, then back to LP investing.

[Csonic @CSonic_69]

@georgesantos @grok rewrite Mr Santos statement in the style of a Brazilian drag queen who is high on ecstasy at Carnivale and doesn't give af.

[Csonic @CSonic_69]

@MacroCRG 1. why

[Csonic @CSonic_69]

@MacroCRG Never gets old 🤣🤣🤣

[Csonic @CSonic_69]

@andruyeung Congrats on her promotion to "Chief Methamphetamine Taking Officer". Agree New York leads in such talent, w SF close behind.

[Csonic @CSonic_69]

@MacroCRG Now do it w Fartcoin

[Csonic @CSonic_69]

@melardev Are you talking about SERV, or something else

[Csonic @CSonic_69]

RETART OF THE DEAL

[Csonic @CSonic_69]

@JasonYanowitz SERV and IXS

[Csonic @CSonic_69]

@ghost93_x I see tokenization of TradFI as the major usecase of late, an extension of Defi. Starting with treasuries (allowing access to world population who didn't have it before), and now private credit. It's early, but establishing secondaries markets for illiquid asset classes is huge

[Csonic @CSonic_69]

@KrisRymer @KobeissiLetter Absolutely. All in all, i'm def in favor of transparency and cutting waste/fraud. This is a real use case for blockchain imo

Could see benefits for state/local govs, accounting for non-profits, NGOs, etc.

All in all, it's a good thing. Most on CT don't understand nuance tho :)

[Csonic @CSonic_69]

@KrisRymer @KobeissiLetter Interesting! The implications are complicated tho. Not as simple as only that fraudulent people don't want transparency.

Can't see how national security budgets, defense, goes on blockchain. Maybe private, but security would need to be insane.

Privacy is a major theme here

[brer wolf @br_er_wolf]

there are only a few credible, compliant rwa projects. they are, in my opinion:

$mpl / $syrup
$cpool
$ondo
$om
$chex
$rbnt

and $ixs, which is fundamentally up there with the best of these, but whose market cap is still a small fraction of theirs.

the crypto market is inefficient, leading to opportunities like this where you can still get in before everyone else... but it isn't that inefficient. $ixs can't stay this ridiculously undervalued for much longer before the rest of the market catches on.

@IxSwap @investax

[Csonic @CSonic_69]

@BobLoukas @PrimitiveMoney @theunipcs Hey Bob, check out this guy's thesis. I find the "PvP vs PvE" framing more useful than "Alt Seazon"

If looking at Alts from a current top 50MC perspective, then agree it's dire. For me needs to be project-based, lower MC, and in AI or RWA (or Fartcoin :) https://t.co/Z4fFZpNjN1

[Nik @cointradernik]

Gonna give it a couple of days to let the dust settle — but tbh, I think I’m gonna sell some BTC and buy some more alts here this week

Just can’t really be expecting significant further downside when we’re coming into 2023 support for OTHERS as a % of TOTAL3, seeing momentum exhaustion on altcoin dominance at cyclical lows, 200wMA in USD and pre-election support vs QQQ between 360wMA and 200wMA, which have been historically rewarding areas to allocate

Obviously, my view on alts is that in order to see *sustained and broad-based* outperformance (PvE) you need both the business cycle recovery & global M2 outpacing global GDP — and we’re not quite there yet

That said, I think we’re close to seeing both and the market will likely front-run this somewhat, so I’m happy to rotate some BTC into more alts here with the expectation that I’ll eat some drawdown over the next week or two

I categorically do not believe we are late cycle for all of the reasons outlined in previous posts; rather, I still believe the first half of this cycle was ETF-driven with rotational/PVP/‘hot ball of money’ dynamics in alts precisely because we are not in the same environment as 2017/2021 — but I believe that environment lies ahead and second half of the cycle will be debasement-driven, as long as the Dollar plays ball

In that environment, alts will outperform BTC and whilst I wouldn’t be surprised to see more capitulation short-term, rotating now when *all* post-election positioning has been wiped out seems like a decent bet

[Csonic @CSonic_69]

Really based take

I like the "PvP vs PvE" framing here, rather than the "Alt Season" debate that CT is obsessed with

My takeaway: Careful shitcoining, at least until we're in PvE mode

Now is the time to load solid projects w huge upside potential

$IXS
$SERV
$CPOOL
$ANON

[Nik @cointradernik]

Gonna give it a couple of days to let the dust settle — but tbh, I think I’m gonna sell some BTC and buy some more alts here this week

Just can’t really be expecting significant further downside when we’re coming into 2023 support for OTHERS as a % of TOTAL3, seeing momentum exhaustion on altcoin dominance at cyclical lows, 200wMA in USD and pre-election support vs QQQ between 360wMA and 200wMA, which have been historically rewarding areas to allocate

Obviously, my view on alts is that in order to see *sustained and broad-based* outperformance (PvE) you need both the business cycle recovery & global M2 outpacing global GDP — and we’re not quite there yet

That said, I think we’re close to seeing both and the market will likely front-run this somewhat, so I’m happy to rotate some BTC into more alts here with the expectation that I’ll eat some drawdown over the next week or two

I categorically do not believe we are late cycle for all of the reasons outlined in previous posts; rather, I still believe the first half of this cycle was ETF-driven with rotational/PVP/‘hot ball of money’ dynamics in alts precisely because we are not in the same environment as 2017/2021 — but I believe that environment lies ahead and second half of the cycle will be debasement-driven, as long as the Dollar plays ball

In that environment, alts will outperform BTC and whilst I wouldn’t be surprised to see more capitulation short-term, rotating now when *all* post-election positioning has been wiped out seems like a decent bet

[Csonic @CSonic_69]

It's INSANE how ahead of the game $SERV is

Projects like this come around once or twice a run, if we're lucky. And normally already multi-billions MC by the time u hear about them. Which is where this is headed

And we still can get in TODAY at 32M MC?!

Grab it while you can😘

[OpenServ @openservai]

✅ A new brand.
🔮 Dropping soon: a next-level user experience.

🖇️ Our new 'node-based' system lets you build insane AI-powered workflows just like stacking Lego bricks— simply drag, drop, and connect any combination of agents.

Pull from our marketplace, set your prompts, and instantly launch workflows spanning research, data scraping, token analytics, on-chain execution and SO much more.

🤝 AI in web3 & web2, simplified.

[Julian Kwan @julian2kwan]

1/ 🚨 CEXs are racing to list RWA tokens – and this time, they’re doing it legally.

https://t.co/rwIEjxFABQ, @coinbase , and others are preparing to bring tokenized assets to millions of users. Here’s why this shift is happening and how IXS is positioned to lead. 🧵👇

[Csonic @CSonic_69]

@crypto_popseye Mastering the Market Cycle - Howard Marks

[Csonic @CSonic_69]

We are witnessing history here

InvestaX solves the barrier to entry for smaller asset issuers, w compliant tokenization.

IXS is like Uniswap, but for RWAs w regulatory compliance. Solves liquidity, market making.

Next up? Lending/borrowing, broker-dealer for CEXs

HUGE

[RWA Warrior @RWA_Warrior]

A token ~30M MC is making tokenized deals with these big Asset Management Companies.

$IXS is also the token of @investax so far they were able to secure more than 400M$ worth of deals with more in the pipeline from different companies internationally.

Check out the deals here: https://t.co/p1gXv4mero

Imagine the upside once #RWA becomes mainstream. $IXS

[Csonic @CSonic_69]

@Die_crv $DREAMS

[Csonic @CSonic_69]

Mornings musings. I'll change my mind in a heartbeat if the market shows it's hand at something different.

Majority of what I hold is non-rotational. Smaller part is positioning on opportunistic plays, trying to sniff out where we might go next.