Ten years. A journey spanning a decade with the bear and you all. God bless you, my friends.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
I don’t really agree with the FUD I’m seeing around the $BCHAMP liquidity pool.
It seems pretty clear to me that a significant amount of their supply is controlled in a number of top wallets, likely by the dev.
If those are genuinely project dev controlled or strategic wallets with Evernorth, that can be pretty bullish depending entirely on how that supply is managed.
Not every project needs the same LP strategy.
A thinner LP early on means buys can move price and market cap much faster. The trade off is obviously higher volatility and slippage.
A project can then progressively deepen liquidity as it grows, either adding single side tokens into the pool as the chart pushes higher, or XRP/Tokens with the team supply. This will allow them to build a much stronger floor at higher valuations.
$FUZZY has taken the deep liquidity approach from earlier on, whilst the market cap is pretty low compared to where it will eventually get to.
$BCHAMP could potentially take a completely different route: thinner liquidity > huge growth > progressively deeper LPs later on.
Both can work. Both have different risks.
What matters is distribution, who controls the concentrated supply, whether those wallets sell, how LP is managed, and whether genuine demand continues to exceed sell pressure, which it likely will due to the support @JcRivera has.
And with @evernorthxrp publicly collaborating with @bearchampxrpl, I’d be very interested to see how the strategy develops.
Different projects. Different strategies.
Just as I've got my own strategy for DROP.
A thin LP by itself is not a red flag.
BIRD!
Evernorth expects to list on Nasdaq as XRPN. If and when that bell rings, we don't plan to walk out alone.
This community took the hits nobody else would. The least we can do is show up with them.
We're collaborating with BearChamp, the fighter and XRP community member the Chicago artist @JCRivera invented after being told he couldn't become one. One directive: roll with the punches.
This community has been running that play for a decade. Expect apparel, storytelling and a front-row seat to the Evernorth x BearChamp collaboration.
More details from @ashgoblue here: https://t.co/ue5kS5C9Kt
This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/sqMogIjJYm.
A #XRPL Meme Weekly l, Not financial advice. Just trench journalism.
charts, JPEGs and trench economics.
$FUZZY 🐻= Testing conviction while continuing to mirror $XRP. No meaningful new volume yet, so this feels less like a demand test and more like a “who actually wants to sell here?” test. I expect the level to hold. The 2nd round of cards have been released and we finally get to see if the cards have the onboarding effect they have portrayed.
NFTs = Still hanging around ATH territory despite another eyebrow-raising ~30K sale. But the Floor is still a leader on all fronts
$FARM 🚜 = A recent whale exit got absorbed and the chart held. Meanwhile, the treasury continues to grow, liquidity has been managed well, and the roadmap remains the focus. Feels like a chart waiting for someone with enough capital-and a long enough time horizon-to do the treasury math.
NFTs = The newly announced utility for the existing collection lit a fire under it. Holders are scooping up the remaining pieces needed to accelerate rewards. Utility 🤝 scarcity tends to get people moving.
$DEEPTIDE 🌊 = Testing range highs, and this one has my attention. @FiendFuzzy committing to a Space with the $FUZZY crew should hopefully answer the two questions hanging over an otherwise slick platform: What exactly drives the token, and how are shipping concerns being handled?
The platform already fills a legitimate gap for the cards. If the token mechanics and shipping answers land bullish?
$OAR 🛶= The new player entering the arena, and the roster already has my attention.
With @piggedup involved and connections to @First_Ledger and @xrpcafe, the ingredients are there for something interesting. Add @JcRivera working on the NFTs, and I have a feeling there’s more cooking here than the market realizes.
Still early, still plenty to prove- but if execution matches the lineup, $OAR could surprise some people and make a legitimate run at big-cap meme status.
$CULT 👁️ = The heartbeat of the ledger and still setting the pace for content. It remains the benchmark for a DeFi mechanism designed to support liquidity providers.
After a healthy retrace, the chart appears to have found its footing in these ranges, offering an entry window that $CULT historically hasn’t been generous about giving twice.
NFTs = With the floor holding steady in the 400 range and rewards still being distributed, the supply squeeze appears to remain in effect.
$SEAL🦭 = Continues to be a persistent and undeniable builder across both web and events. The token has recently seen inflows matching its liquidity, with liquidity growth outpacing price action.
NFTs = The $SEAL NFT appears to be the current secret sauce for unlocking entry to the Discord managed by the legendary @CountryFresh187, alongside traders such as @02XRP@AscendXRP and other key individuals from the daily $XRP Spaces that everyone enjoys.