Yes, a day or two early:
but Onchain 2.0 is loading
Now that peope seen how high stuff can go, communities have been built, and most capitulated, this will be even faster than previous.
Not to mention, the move from BTC to get close to 100k sparts the real run
the biggest holder of solana:4CxjZyMNoF1p6eXHXHv1TWpS2X47CuUmLwtGe18spump is @faceofsol (initially bought 16.34% at launch for $606 now holding 8.95% of supply worth $1.45m
5.5% of the 24 hour volume is organic while other 94.5% is bots, mev and wash trading, this is the norm on solana, it does not mean the token is dead
the truth is that bot volume can pump the price very quickly
right now, it is better to wait for a dip to reduce the chance of buying into pure wash
the deployer holds the largest supply, any meaningful sell from them (the top remaining holders) is a stronger signal than the volume)
@zeegengm@blknoiz06 The first wave of on-chain was something similar. Solana, Robinhood, Binance all had their top coins running.
Can only hope that once btc recovers, we can do this again so we don't have to chase the next Ansem play.
I agree with you and to add below:
https://t.co/xb1Onb6V2q
5.5% of the volume is real, 16% is dev buy who already cashed out 8%. This was launched after a string of negative narratives written about Ansem about how he bundled supply on his Black Bull coin.
1) PF launches a coin that has heavy supply control, they cash out and make a fortune and people get hooked onto the platform which allows KOL's to rug people again for another few months until this cycle repeats. Ansem is just the poster-child for them and many will continue to lose money as a result of no rules system and incentive to keep calling out plays without caring what the performance of the coin will be.
2) Memes are all silly but in a perfect market, the strongest communities should prosper which was the intention of crypto, to allow people to get together and have fun (bagwork) while making money. If a coin runs once and never again because of KOL's that will only support these insider coins, then the industry is doomed. You can't play a game where the other person can cheat and get to level 100 at any moment.
the biggest holder of solana:4CxjZyMNoF1p6eXHXHv1TWpS2X47CuUmLwtGe18spump is @faceofsol (initially bought 16.34% at launch for $606 now holding 8.95% of supply worth $1.45m
5.5% of the 24 hour volume is organic while other 94.5% is bots, mev and wash trading, this is the norm on solana, it does not mean the token is dead
the truth is that bot volume can pump the price very quickly
right now, it is better to wait for a dip to reduce the chance of buying into pure wash
the deployer holds the largest supply, any meaningful sell from them (the top remaining holders) is a stronger signal than the volume)
People think billion dollar runners are impossible in this market
I think that's hilarious
All it would take for solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR to reach $1B is $20M of buying
That's literally nothing
If ZEC goes to even conservative targets it will be taking in BILLIONS
Saying a percentage of that doesn't go to ZCAT is idiotic no matter the market conditions
solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7 is a connector, not another platform
It was designed for easy integration into every chain.
It's privacy integrations can be vast and the point have succesfully onboarded more users as shown below:
solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7 is now the highest REV gen privacy protocol according to DefiLama at ~$7.5m annualized, while sitting below a $10m FDV.
The 100% buyback from fees will work as our the marginal bidder. ~$20k per day while doing an AVG of $4m VOL. (100% is used to buy and burn solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7)
The protocol has crossed $160m in volume in just over a months time, and nearly $1.8m in fees ($803k platform fees, $965k ZEC rewards)
Holding these levels is Quite impressive while the entire market takes a downturn.
The team is shipping at an unbelievable rate, doing a media tour, and partnering with some of the biggest players in the game. Next level BD and transparency. Recent partnerships include Solana, Arbitrum, Monad, and many more.
Also note the team has been building for over a year and has even received grants from the likes of Zcash... the big players recognize the talent. (As stated on @MCGlive)
From a product perspective, native privacy has a massive pull. No need to switch users over to your wallet or app. With one easy integration, you can have privacy directly within your favorite wallets. The goal for the team is to make this more seamless.
I am aware that the pool's turn over many multiples per day due to the points program, but points will likely persist indefinitely, even after season one concludes.
R/R seems too good to not start a DCA here. Bought + dropped the thesis on fomo: https://t.co/2hZyZHlmZR
What most miss about solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7 is that they are making around $4M in volume a day = 20-30k rev including creator fees without any major integrations
If they partner with Jup/Met/ others on Solana and across EVM chains for seamless integration where people click one button and get access to MASK and they take a cut, revenue will go vertical.
The numbers may double overnight. There is so much opportunity here and it's pretty much trading at 1x P/S
AGUILA DOWN $39M ON HYPERLIQUID, FACES ANOTHER LIQUIDATION
@AguilaTrades holds a $19.91M $BTC short at 40x leverage, just 0.44% away from liquidation.
• Latest liquidation: $50.9K loss, 5 minutes ago
• Lifetime PnL: $39.09M
The solana:4CxjZyMNoF1p6eXHXHv1TWpS2X47CuUmLwtGe18spump thing is so good for crypto
You're telling me this can go to $25M and solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR can't go back to ATH's?
Ya'll have forgotten how to dream because bundlers/ruggers have ruined everything
True community coins don't have people with 10% of the supply dumping on you
It would probably only take $1M invested to get solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR back over $100M and that may be exaggerating
@ZKhedge@heat@Aurelius0121 the numbers speak for themselves solana:HuAXPyDWDaMYFKuwQHpqL1oPnj93zdzWmtvFGzCeCUa7
You're post makes no sense when neither have sold shit