-BTC negative funding rate while trending higher.
-Trade markets sending
-Very negative crypto sentiment
-New two month high for BTC.
Lev longed here, stop around 90k and will cut if the daily closes below $94.5k
Interesting approach from MegaETH, they seem committed to purposefully underpricing their raises to build their community.
I guess we’ll all end up bidding at $999m and hoping that we end up with an allocation.
The First Real-Time Blockchain.
Built for you. Priced by you.
Our public sale on Sonar by Echo, starting at $1M FDV, makes you the largest stakeholder in our network. [thread]
I think we see very few active market makers around prediction markets full stop. Toxic flow means that you just get zero’d by insiders or people that catch important news before you do. This is why it’s taken a decade for predictions markets to grow - need organic users entering limits and crossing spreads, not mms
@sershokunin If you could launch your token before the market accurately prices in the fact you’re going to take complete market share from centralised exchanges, that’d be great 🤣
They’re going to use 25% of revenue for buy backs. 25% of the total revenue is around $175m. I think we’re gonna see a lot more of the team twapping into PUMP over the next few days.
Pump team has bought back $1.8m $pump in the last 15 minutes and is actively twapping another $3m worth
Their total fees yesterday were $1.34m
Seems like they're using retroactive fees/a percentage of the raise to begin buybacks
Perps trading at a discount to spot at an ATH break, this looks like disbelief time. I think we’ll see significant follow through, I’m very very long BTC here. Will acknowledge I’m wrong if we see a decisive close below 111k