This is why @reserveprotocol matters.
It's not chasing one perfect token-it's building a network where stability scales with diversity. Abundance is aligned with creativity.
It’s unique. It’s amazing. It’s inevitable.
$RSR
Reserve Unofficial Update
1/2
Well it’s not every day you get Peter Thiel round for a chat and hit a new TVL ATH is it?
It would be remiss of me not to post a quick update on things Reserve since Monetarium – so take that chocolate out of the fridge and watch it melt in front of you (yes it’s hot in the UK – and it’s DIFFERENT HOT OK? haha)…. And lets begin.
Memory Lane
2024 : $200M TVL and ETH+ hits $100M
2023 : $30M TVL ETH+ $1.6M
2022 : 600k users of the app
2021 : invitations being sent out for the app
TVL
Woot woot – not far to go to half a billion in TVL – congratulations to the team and indeed special mention goes to ETH+ - who recently celebrated $250M
Also welcome our first 2 $1M DTFs!
$BGCI @MarketVector
https://t.co/UXZ2ixuG3V
Monetarium 2
Reserve have started issuing the videos from the presentations :
https://t.co/ziFSsXe1Bn
https://t.co/jF7JfSF5vj
https://t.co/EG368QV5Wj
https://t.co/NZhpgrjwja
https://t.co/TRedXB47zF
It was of course at Monetarium 2 that Nevin mentioned they are going to have a monthly chat with certain figureheads in the field about monetary policy – first up being….
Peter Thiel
Proof, if proof be need be.
Videos will be out early next week – can’t wait.
Peter of course was an early investor in Reserve because he had a vision that PayPal could have become independent of traditional FIAT, but it was not to be. Enter Reserve….
https://t.co/JdJmfHgwVL
Also worth mentioning that Mr Thiel is also starting a new digital bank – Erebor, which aims to help startups and crypto companies : https://t.co/GKCNCOwJ47
Check out Dollars Questions epic videos – one of which has Peter in 1999 basically setting out how Reserve works : https://t.co/WnrvVL5vtk
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Some people think that transfered to exchange of market makers' balance are just dumping the blance to the exchanges.
GSR Markets is continuously sending $RSR to multiple exchanges, and Kraken is doing the same.
There was a short-term rally, and now there is a correction. GSR market is also sending $RSR to Kraken, but there is no specific net selling.
Market makers need balance to push up the price. They are setting up for that and as soon as they are ready, another rally will start.
That is why we need to check on-chain data and charts at the same time.
$RSR #RESERVERIGHTS#RSR
its been awhile that this project should be trading above $0.2
once it broke that $0.03 resistance then be prepared & expect this to trade $0.3-$0.8 this 2025
and this is predicted to be lurking around $1.8-$4 this #altcoinbullrun peak
what to expect?
#RSR Hype pumped rsr pretty early giving him time for consolidation.
Reversal from consoludation already happen.
Major consolidation levels broken forming an bull flag
Trade entered at 0.0136 looking for break out
tp is already up to 0.014 making 3% profit secured (leverage is X5)
i see 3 scenario
1 Breaking flag with early impusle (action : move tp up a little below the broken flag resistance)
2 Small retracement inside flag to get another impulse (action : no action, can trigger tp and close trade)
3 back to bottom of the flag, tp triggered and profit taken (action : Looks for another long opportunity if we dont break the flag )#RSRUSDT
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Wintermute has 80M $RSR in officially confirmed wallets.
They also have 125M $RSR in Coinbase custody.
They are buying more $RSR through OTC trading.
Huge market maker is moving for $RSR.