$CHEX might be the only coin where the founders don’t actually dump on our bozos head, at least not at current valuations and not until much higher
Wonder what that means when a founder decides to buy 200K of his own coin on the open market
Idk, smells good to frog
Let's get back to the basics with a sleeper:
$CHEX - $13M FDV
- RWA issuance
- MAS licenced (most exchanges can't even get this)
- Raised $10M
- Deflationary tokenomics
- Supply entirely diluted on the market
- Stacked team of 25 people
- Client partnerships stated in carbon, real estate, equities, bonds and other RWA markets (early JP Morgan RWA talks happening as I write this)
What's the edge?
- Hard to buy (only on Bitfinex and on-chain on EOS via https://t.co/v4Ms1MpDjn)
- No marketing before product release (should come in december)
- Transition soon into an EVM token = opens up the gates for Ethereum mainnet liquidity
- Upcoming CEX listings
Weekly chart below, frog bought at current prices and is sharing this to get back to it and flex in the pond once it hits $100M
GL
seeing this meme all over my fyp, just started to go viral on tiktok
got a feeling this could be a big cook $Cursed
GG8Z1iV3m1S3mgxP4CGG2Y7vEoAXHfW3FWrFQwoipump
I'm at $45K PNL from the trenches in ~2 weeks, started with $25K
Thoughts:
— Less than 1 play per day
— I wait for major news to hit to trade
— I only buy supports/blood
— Only trade coins with high volume
— I don't let a missed pump screw my emotions
— I take profits as soon as I feel greedy
— Don't care about looking for 100x
— Never look back to the coin I sold
The fallacy that you need to hit 10xs is there so that 99% of you lose money to the 1% who make it.
Be less schizo and "locked in" and trade less.
Why I put 50k into $SHDW and why I think it has the potential to do a 60X from here. TLDR: My price target for $SHDW is $20 (MC: $3.25B). So how did I get to this figure? Let's dive in.
Firstly, I want to start by saying the biggest threat to ShdwDrive isn’t their tech; it’s their founder @Frank_theTrader, who, over the last few months, has given off some pretty big red flags by blocking people not only on his personal account but on the @GenesysGo account as well. This is crazy to me but putting that aside, here's my bull case for the token:
User Expansion:
Mobile Nodes: The @solanamobile Seeker could turn every user into a potential storage node. Building on the sale of over 20k Saga phones, the Seeker with integrated $SHDW node capability, could significantly expand the network's storage capacity which could:
1/ Democratise Storage: Make decentralised storage as common as smartphone usage, potentially onboarding millions into the $SHDW ecosystem.
2/ Network Effect: Every phone sold increases the network's resilience, security, and data distribution, which in turn could enhance the token's value through increased utility and demand.
3/ Incentive Mechanism: Users might earn $SHDW tokens for providing storage space, creating a viral loop where more users join to earn, further driving up demand.
Content Creators:
The surge in Web3 platforms means creators are looking for storage solutions that guarantee content integrity, ownership, and monetisation. ShdwDrive’s decentralised approach could be the backbone for creator economies where creators often face issues like platform dependency, algorithmic bias, demonetisation, and limited control over their content's monetisation. Decentralised storage solutions like Shdw could offer a way for creators to bypass these issues, ensuring that their content is safe, their rights are protected, and they can explore new avenues for monetisation that were not possible or practical with traditional web infrastructure.
Corporate Integration: Companies ranging from finance to manufacturing are testing blockchain waters. $SHDW could become the go-to for data integrity in supply chains, financial records, and compliance logs due to its enterprise-friendly features.
IoT Demand:
IoT Data Surge: As urban areas expand, the need for smart traffic management systems becomes crucial, with countless IoT devices like traffic sensors, cameras, and public transit systems generating massive data flows. A prime application for ShdwDrive emerges in smart cities, where this data can be stored securely on a decentralised network. This approach ensures cities can manage traffic and urban development efficiently while maintaining data privacy, allowing only authorised entities access, and preventing large corporations from monopolising this sensitive urban data.
For instance, a single camera can record hours of video daily, and when multiplied by thousands across a city, the data volume is immense. Efficient storage solutions are critical. Decentralisation reduces the risk of data breaches since there's no central point of failure. If one node is compromised, others continue to operate securely.
Ecosystem Advantage:
Solana's thriving ecosystem with its high TPS capabilities, low transaction fees, and developer-friendly environment supports rapid growth in dApp development. This growth, especially in DeFi, NFTs, and gaming, showcases Solana's scalability and performance, making $SHDW's choice to build on Solana strategically sound.
Niche Market Success: Inspired by Filecoin's academic success, you could easily see ShdwDrive capitalise on:
1/ Research Data: For long-term accessibility and preservation.
2/ Gaming Industry: Securely storing game data, assets, or even entire game worlds on-chain.
3/ Supply Chain: For transparent, verifiable records.
4/ Big Data: Offering scalable, secure storage solutions.
Additional Points worth mentioning:
Decentralised Storage as Infrastructure: $SHDW isn't just another token but is positioning itself as foundational infrastructure for the blockchain ecosystem. Just as the internet needed servers, the decentralised web needs decentralised storage, positioning $SHDW as potentially essential infrastructure. As Shdw's network expands, the cost of storing each unit of data is expected to decrease due to the economies of scale, shared operational costs among nodes, and the use of existing hardware. This growth creates a more scalable and cost-effective storage solution over time compared to traditional cloud services, particularly for long-term data retention where costs can be minimised as the network's infrastructure is distributed and maintained by a growing community of users.
Security Features: Shdw unique encryption and data integrity protocols provide an edge over centralised solutions, making it a secure choice for sensitive data storage. @GenesysGo secures data by encrypting it before storage, using a unique hash to verify integrity, and distributing it across a decentralised network to eliminate single points of failure.
Technological Edge: The proprietary DAGGER technology provides Shdw with a competitive advantage in consensus mechanisms for storage - DAGGER essentially allows ShdwDrive to achieve faster and more efficient consensus on data storage, reducing delays and costs compared to traditional blockchain methods.
In Summary:
For me, the biggest issue with $SHDW is potentially the founder's approach. His political views and decisions to block people online do raise concerns about project management. Furthermore, we're in a meme coin bubble with liquidity favouring these tokens so attention on DePin might not be as sexy and as a result lag the market.
However, I see long-term potential in decentralised storage. A $3.2 billion market cap for $SHDW might seem ambitious, but consider - @Filecoin Market Cap: At $2.7 billion, with a FDV approaching $9 billion, Filecoin demonstrates the market's appetite for decentralised storage solutions. Personally, I’m okay with the risk of losing 50k because the upside, driven by the growth in blockchain technology and data needs, seems too compelling to ignore.
And finally from a TA perspective the chart looks pretty bullish IMO; you've got decent volume increasing (volume precedes price), bullish divs forming, and V2 expected to be released before the end of 2024. DYOR but let me know below whether you think $SHDW is a buy or a sell? Thanks for reading.
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Binance insiders made millions on $ACT, $PNUT, $HIPPO
Front-ran the listings. Dumped on the news
I tracked their wallets. Found what they’re buying now
Looks like it's the next Binance listing
Dropping it to a few who like, rt, and comment here
Must follow so I can send u DM
To give you a perspective about where $BONK is rn
Most S-tier memes are in a similar situation
These dips don't matter.
Gather what you can and move it to a safe place
Remove the exchange and liquidation risks
We are headed to Valhalla
First $BANANA post from Elon was today
The launch is coming up in 6 days, expect more posts about this banana from him
Clearly intentional and speculation has the capability to drive price action
BANANA FOR SCALE
Binance listings are like ROCKET FUEL for memecoins
➢ #NEIROCTO: $17M ➔ $1B (50x)
➢ $ACT: $20M ➔ $500M (25x)
So I dug through thousands of coins
🧵: And I’ve got a list of the ones Binance will pick next 👇