Shredder

on my Aruba arc 🏝️
😈🦾🥑 - Use my ref link 👇earn rewards on swaps

[Shredder @NotMetaShredder]

there's a fine line between
conviction and delusion

easy to claim conviction when number go up. Where is your certainty now anon? When your eyes deceive you and your dopamine runs empty.. What do you believe in now

[Bold @boldleonidas]

One of the things I learned the hard way very early in crypto is, when you lose money, if you can’t laugh and smile at the absurdity of it all, you’re over invested.

[Shredder @NotMetaShredder]

No price is too high for a speculator to pay to learn that which will keep him from a getting swelled head. A great many smashes by brilliant men can be traced to the swelled head

[autist @litteralyme0]

The masculine urge to comeback after experiencing the worst phase in life

[Shredder @NotMetaShredder]

@marccolcer who's building this 😭

[Shredder @NotMetaShredder]

@DipWheeler Icedknife coded

[Shredder @NotMetaShredder]

@Jeremybtc Make it 84k and we have a deal

[Dip Wheeler @DipWheeler]

patience.

conviction.

massive balls.

[۟ @MINHxDYNASTY]

BIGGEST CRYPTO CANON EVENTS:

• Your first 100x
• Losing everything
• Making it all back
• Getting rugged
• Realizing you're exit liquidity
• Sending to the wrong address
• Falling in love with a JPEG
• Buying a "rare" NFT, but then you realize...
• Revenge trading
• Winning your revenge trade
• The first time you combine trading, coffee, and nicotine
• Buying your first Bitcoin
• Getting your first airdrop
• Paying 3 months rent on ETH gas
• Seeing a teenager make a doctor's salary in a day
• Thinking “this is the bottom”
• Buying the top out of FOMO
• Calling something a scam, and then buying it a week later
• Sending your net worth in one transaction
• Setting up your 1st ledger
• Finding a random wallet with a lot of money on it
• Watching a friend make generational wealth from your call that you sold after a 2x
• Getting rugged by a 90s windows, pixel website
• Trying your first web3 ponzi game
• Switching to a new wallet for "fresh energy"
• Getting your first whitelist
• Minting it
• Selling it
• Meeting your online friend IRL for the first time
• Your first crypto IRL event
• Roundtripping 6 figs
• Roundtripping 7 figs
• Roundtripping 8 figs
• Eating figs
• Watching your cold wallet flip your bank account
• Telling your family about crypto (regretting it)
• Losing sleep over a meme coin
• Staring at a 1 minute chart
• Playing "Pump it Up"
• Getting socially engineered
• Finally understanding on-chain data
• Watching Vitalik do anything

[The White Whale @WhiteWhaleLabs]

Where Has All Of The Liquidity Gone?

Everyone keeps asking why crypto feels dead.

I don’t think crypto is dead.

I think crypto is being diluted by the same entities who once called it home.

For years, crypto was one of the only places on earth where you could find 24/7 markets, insane leverage, endless volatility, and a permissionless casino where anyone with enough courage or stupidity could sit down at a table.

That was the product.

Not decentralization, vibes, whitepapers, or "the future of finance"

The product was opportunity.

But now crypto no longer has a monopoly on that feeling.

Prediction markets are exploding because they offer traders something crypto used to offer better than anyone else: the ability to bet on almost anything, instantly.

Politics.
Sports.
Weather.
Economic data.
Elections.
Pop culture.
Geopolitics.
Whatever the internet is arguing about that day.

That liquidity used to rotate into coins.

Now some of it rotates into “Will this happen by Friday?”

And once someone gets addicted to trading probability itself, a random mid-cap crypto chart starts to look a lot less special. Why ape another recycled L1 narrative when you can trade the actual event everyone is talking about?

Then you have the TradFi invasion of crypto-style perps.

This is the part I think people are still underestimating.

Until recently, no person could wake up at 2AM and use 50x leverage to long or short the S&P 500.

Now that world is here.

The same mechanics that made crypto perps so addictive are being applied to the largest, most liquid, most culturally relevant markets on earth.

Stocks. Indices. Commodities.
Maybe eventually everything.

That changes the game.

Right this very second on Hyperliquid alone there's over 2.6 Billion in Open Interest on all things Tradfi.

That is liquidity that could have been chasing BTC, SOL, ETH, privacy coins, AI coins, or whatever other narrative CT wanted to pretend was inevitable this week.

Instead, it is sitting in a leveraged TradFi market using crypto rails.

And it probably is not going away.

That is the unfortunate reality.

Some of this is not cyclical.

Some of this is permanent.

Prediction markets are not a fad.
Tokenized equities are not a fad.
24/7 TradFi perps are not a fad.
The ability to trade everything, everywhere, all the time is not a fad.

It is the natural evolution of markets.

Crypto gave the world the architecture.

Now the world is plugging other assets into it.

That means crypto assets are competing for attention against a much larger universe than they were before.

The total crypto market cap is no longer just competing with itself.

It is competing with the stock market.

And the stock market is enormous.

Once you let people trade pieces of a $ 60T+ U.S. equity market through crypto-style infrastructure, you have massively expanded the surface area for speculation.

That sounds bullish for rails.

It is not bullish for most tokens.

There is a difference.

A perp DEX doing billions in S&P 500 volume may be great for the exchange.

It does not mean your favorite altcoin will attract the liquidity it used to.

This is the liquidity problem.

Crypto used to be the casino.

Now crypto is becoming the casino building, and no longer the game itself.

And the games on that casino floor are multiplying.

So no, crypto is not dead.

But the old model is dying.

The days where liquidity had nowhere else to go except BTC, ETH, SOL, and whatever narrative CT was farming are fading.

The pie is getting bigger, but the number of slices is growing even faster.

That means weaker tokens bleed harder.

It is liquidity dilution.

The casino expanded.

The question is whether your token is still one of the main tables or just another dusty slot machine sitting in the corner.

🫡 From the depths —
The White Whale 🐋

[Sound Dobad @SoundDobad]

One of the things I never expected to have happen to me on Twitter was getting ratioed by Hunter Biden because I didn't photoshop a crack pipe accurately

[Shredder @NotMetaShredder]

undeterred & unaffected by fud 😈

GM

[mert @mert]

yeah so crypto wasn't dead the last 5 times when literally none of it worked

but now that it works and we're about to pass the biggiest piece of legislation in its history, that's when it will die

or perhaps you're all just emotional

ATHs soon

[Shredder @NotMetaShredder]

@starflamegod Let's go! Chefs kiss 🤌

[Shredder @NotMetaShredder]

Yep.. An $ORE solo still hits like crack

[Shredder @NotMetaShredder]

@Simonsimon1915 @guac_gg Will be a cold day in hell before I send my hard earned avocado's to @blknoiz06 😆 would have to at least box me on stream for them 🥊

[Shredder @NotMetaShredder]

Spent the last year routing almost every swap through @guac_gg.

Finished #1 on the leaderboard.
Airdrop landed: 363,408,807,637 $GUAC.

Roughly ~$2.5k at distribution.
One of the fairest reward distributions I've seen on Solana.

Use product → earn points → get rewarded.

Pretty straightforward.

Respect to the team 🥑

[Shredder @NotMetaShredder]

Occasionally my email will lure me in with a highlighted post from the Nextdoor app.
What a boomer dumpster fire that timeline is 🤣😭 it makes Facebook algo look chill in comparison. The political commentary is unhinged lmao

[Bittex @BittexXBT]

“with perps I understand it that’s easy work”

[Shredder @NotMetaShredder]

@Mars01722137923 @catturd2 😂

[Shredder @NotMetaShredder]

Lock'd in while I remain clock'd in 🕓

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

Your job the next 6 months is just survive.

Be a cockroach, and survive.

Block out all the drama and whining here on CT.

The bearish sentiment is so overblown. Ignore it.

Just survive, and while you do, look for the best products onchain, the best builders, and the best token value accrual, whatever it turns out to be in your analysis.