crypto_cadence

Hanging on

[crypto_cadence @CadenceCrypto]

I think his plan was not to be the brexit era conservatives unfortunately thats not really a plan

[Piers Morgan @piersmorgan]

BREAKING: Keir Starmer cries as he resigns as UK Prime Minister. Sad end to a dismal tenure. Never seen such a big election win end in such abject failure so fast. Bottom line: he wanted power but didn’t know how to lead the country.
He was the ultimate man without a plan.

[crypto_cadence @CadenceCrypto]

He's right on this.

[Jacob N. Kornbluh @jacobkornbluh]

“If everything is Jew-hatred, then nothing is Jew-hatred.” — the Vice President of the U.S.

[crypto_cadence @CadenceCrypto]

@scottmelker Hype already bigger than sol if you account for FDV

[crypto_cadence @CadenceCrypto]

@DanNeidle They move to different country after 40s

[crypto_cadence @CadenceCrypto]

This is kind of crazy

[Solana @solana]

Every $SPCX is backed by a real SpaceX share, redeemable 1:1 into your brokerage account through @Backpack Securities

$SPCX will trade 24/7 on @Solana via @sunrise after Friday’s IPO

[WR☻NGUSER ✗ @wronguser000]

Selloff on Bitcoin quite insane actually

Also other thing which is quite insane is that the market never ever moved this way, the core dynamics between alts and BTC are deeply shifting, which has never happened before

Extremely positive for the industry as a whole

[Ansem 🐂🀄️ @blknoiz06]

@Pivot922 @DThomasStealth always be careful when consensus is bearish solana, we are pretty close to that

same thesis on why memecoins did well onchain (fast/cheap/good ux) apply to perps & other things, just cos it hasnt happened yet doesnt mean it wont/cant

[mert @mert]

we are going to reduce solana inflation

read the proposal if you want then get ready to vote yes

there will be no mercy this time

[Solana Sensei @SolanaSensei]

The OG legendary Solana dev @cavemanloverboy just proposed SIMD 547, a change to Solana tokenomics that would burn more SOL

648 SOL -> 10,800 to 64,800 SOL burned daily

What's your opinion on this?

(c/c @SolanaFloor)

[Ansem 🐂🀄️ @blknoiz06]

Clarity Act + $HYPE ATHs will quickly change public opinion on crypto over the next several months

sentiment still very low, best time for finding asymmetric opportunities

onchain volumes & perps volumes up & to the right from here

[crypto_cadence @CadenceCrypto]

@econoar Like you with Sol last cycle 🙂

[crypto_cadence @CadenceCrypto]

@AaronBastani Different time, it was probably correct in 2010 to get state pension more in line with other European countries. It probably won't be for much longer

[crypto_cadence @CadenceCrypto]

Only way out is to stop borrowing. The bond market is just a group of people who lend money. The government doesn't have to borrow

[Daniela Gabor @DanielaGabor]

I've written about how @AndyBurnhamGM or @ZackPolanski can stop worrying about bond vigilantes' veto on big, transformative ambitions.

https://t.co/xxWxrblwP4

[crypto_cadence @CadenceCrypto]

Culture of blaming others, left blame big business and right blame the NHS. We can't have any serious discussion in this country

[Dan Neidle @DanNeidle]

Have to say, at the point they got the “people think the NHS has a 34% profit margin” result, I would have stopped and asked what was going on with my methodology.

Surely people don’t really think that

Do they?

[crypto_cadence @CadenceCrypto]

@SassyXtr Fabregas

[crypto_cadence @CadenceCrypto]

Thought the same for a while. Not being able to run a validator without permission is scary for a project with billions

[Beanie @beaniemaxi]

Hyperliquid is being treated like the cleanest up only narrative in crypto and I want to add some nuance here. To be clear, this is not Luna. Luna was a closed loop algorithmic peg with no real revenue. Hyperliquid has real fees from real users, a genuinely best in class product, a dominant share of onchain perps volume, and a team that has shipped relentlessly. The bull case is real. I'm not dismissing it. I just don't think the risks are getting the airtime they deserve.

I called Luna a ponzi here in 2021 around $50 and got absolutely hammered on the tl for daring to suggest anything negative about it as it ran to $120 before it vaporized to $0 within days. Very similar to yesterday when I simply said HL does not have remarkable tokenomics and got piled on for it. Being early on structural risk often looks wrong for a long time. And Luna was not just a retail rug. It roped in 3AC, Galaxy, Delphi, Hashed. Sophisticated money held the bag right alongside everyone else.

Here is what I see with Hyperliquid. 97% of fees buy back HYPE. That sounds incredible, and in an active perps bull market it absolutely is. But fees come from perp volume, volume comes from people chasing the token, and the token is held up by buybacks funded by that same volume. Every leg moves together. It's a functional flywheel. And in the other direction every leg turns at once.

However, nobody can tell you how much of the volume is organic either. If buybacks pump the token and the chart pulls in size and size funds buybacks, you cannot cleanly separate real activity from reflexive activity onchain. It doesn't mean the volume is fake. It just means you cannot prove how much of it isn't.

Then the supply side. Only 25% circulates. Team and foundation together hold roughly 30% (23% team plus the foundation allocation which is essentially team with extra steps). Buybacks absorb about 90 million of unlocks a month. Actual pressure is closer to 400 million plus. Revenue keeps growing at a real clip, which is the whole bull case, but it has to roughly 4x just to keep price flat through vesting.

Then the part nobody wants to touch. 31 validators, foundation controls the supermajority of stake, closed source binary, an assistance fund holding billions that we are simply told has no private key, on a chain the team built and runs. A lot of the business is regulatory arbitrage. Offshore venue, no KYC, users that shouldn't be using it are all over it. The founder is in DC right now precisely because everyone knows this. SBF was in DC lobbying for the DCCPA right up until FTX collapsed. Do Kwon was meeting Korean regulators before Terra blew up. Doesn't mean Jeff is anything like them.

And to be clear, none of this means price stops going up. This is the part that matters for traders. Reflexive setups run for a long time, sometimes years. Luna ran from $5 to $120 while plenty of smart people screamed about the structure. HYPE can absolutely do the same. The flywheel is real while it's spinning, and standing in front of it is a great way to underperform.

Just know what you're actually holding. Trade the tape, respect the trend, but don't fall in love and confuse a beautiful reflexive setup with a riskless cash machine. We have seen structures like this before and it tends to end the same way for usually the same reasons.

[Anders @aajxbt]

If Solana inflation was 2% instead of 3.8% it would probably be worth a couple trillion

[crypto_cadence @CadenceCrypto]

I run for clarity, keeping weight off is a bonus

[Dan Go @CoachDanGo]

Overrated
- Doing cardio to lose weight.

Underrated
- Doing cardio to gain energy, boost brain power & increase longevity.

[Wick @ZeroHedge_]

Let me just say that if you are new to Trading, and you started by following people on X there are quite a few things you should know.

From a Trader/Investors perspective who's done this for 22 years now (full time)... I have noticed that X tends to breed the mentality of competition, which is healthy, but also mainly a lot of greed. In ways you wouldn't expect.

Everyone here talks about crushing huge returns on every trade. You don't hear about some of the losses at all. It breads a mentality where you are constantly fomo'ing to make sure you don't miss the next move. You feel as if you must be doing something wrong if you're not full invested having a trade on at all times.

When in reality, you should be focusing on your capital and your capital alone. Not what anyone else is doing.

And when your capital has your full undecided attention and respect you make sure to only take the best setups, get used to saying no to most trades, and making sure you use good risk management which means setting stop losses on every trade/investment you make so that you never take on a loss too big to come back from - you protect your capital like you protect your loved ones. You don't gamble on them. You play the odds and wait until probability is always well in your favor. 💯

I'm not proof reading this, I just wanted to share.

😎

[Moving Home with Charlie @moving_charlie]

"Hey, lets build millions more houses, then we can sell millions more mortgages to desperate FTBs!"

Meanwhile population projection as deaths outnumber births from 2026 onwards.....

Even if there ever was a shortage of homes, there won't be now.