Percentage of $BTC supply in profit at each bottom.
2012: 47.77%
2014: 42.23%
2019: 40.20%
2022: 47.98%
2026: 47.91%
Most people don't realize how close we are to the bottom.
The 30K calls are just like the 10K calls last cycle, everyone expected them, but they never came.
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If Saylor is looking to buy: the rumors and the fear starts to fade away.
If Saylor was actually selling assets: the impact of his position will decrease from here on.
I don't think the latter is true, and I do expect the peg of $STRC to be going back to neutral in the coming weeks.
When that's the case, markets are going back up and we'll see $BTC trade at $70K or potentially even higher, ending this capitulation crash and looking to kickstart a new bull cycle.
The maniplation phase $BTC
The stage of the cycle where traders continuously lower their price target.
There's nothing wrong with being early on an asset that has already dropped 52% and completed 80% of its bear market.
Interesting update from @monad and @category_xyz
Most people are focusing on the headline: reducing vote pace from 400ms to 300ms, meaning the network can reach quorum faster and potentially achieve faster block times.
But another detail caught my attention.
As part of MIP-12, block rewards would be adjusted from 25 MON to 18 MON to account for the increased block frequency.
It’s nice to see the team continuously refining both network performance and tokenomics as the chain evolves.
Faster network. More efficient design.
Bullish on the Purple Chain. 💜
Perpl block times are getting 25% shorter.
This is why we chose Monad.
>Every protocol upgrade (encrypted local mempools via BTX) benefits Perpl automatically
>Every Monad gas budget increase or block time reduction benefits Perpl's throughput
>Every new DeFi protocol building on Monad is a liquidity sink for Perpl
The moat autocompounds.
Monad actually has 3 different blockchain explorers you can choose from
sometimes it's worth checking more than one explorer when you're digging through onchain data
bookmark them all