The biggest advantage Abstract has over Base, is they're not afraid to do a massive airdrop to kick into overdrive adoption of their chain.
We have never before seen an L2 focused on consumer adoption, that'll airdrop a massive bag to it's userbase, where the biggest mascot meme is 20m mcap.
The market doesn't realise what giving 1B to a tiny chain will do to the memecoins on Abstract, especially the #1 memes $NOOT and $ABSTER
There's basically nothing to buy on ABS right now. Just 2 good plays and NOTHING else. Complete asset concentration when they do a massive liquidity injection.
The next 6 months is gonna be an abstract bull run to price in how big of a liquidity injection is coming. You're still early.
The $TOSHI vote has been live for just over half an hour, the post has had more social interactions than previous ByVotes announcements, and the vote is sitting at over 36% completion.
The people are speaking.
Exciting!
Good news has multiples higher market impact during strong uptrends.
Exchange listings 12 months ago moved price maybe 10-20%, now it pushes price 2-3x in a day.
That's actually a big reason for the meme pump this past 2 weeks.
Under a Trump administration exchanges feel safer to list memes given positive regulatory backdrop.
So the solid memes repriced higher as the probability of major CEX listings increased.
But the biggest exchange listings of them all this cycle is for $SOL, $DOGE and Crypto Index ETF's.
Just as memes got repriced for CEX listings, big caps will reprice higher to for their ETF's.
And if it's timed right it'll send $SOL straight to $800💰😎
$TOSHI looking strong here:
- Breaking out of multi-month accumulation range
- Toshi Tools launched + Toshi Mart tomorrow. Utility was one of the missing requirements for a Coinbase listing.
- TOSHI has the best current distribution/decentralisation metrics on Base (another req for CB listing)
- Team is shipping in good market backdrop (expect more updates to come soon)
@AltcoinDailyio $ADA is old and shit can not do anything
$XRP same as $ADA.... Will avoid this 2 tokens for sure
I prefer to focus on new coins and coins that actually do/solve anything
@CryptoSavy1 Yep. Expecting something to happen soon. I talked on my post about it too. You can see there is something we don't know but the big players know and that's why they are shorting the #BTC
https://t.co/ibRix0wuGf
Blue line- $BTC price
Orange line- positions of Asset Managers
As evident from the chart, a decline in the orange line signifies that Asset Managers maintain a predominantly bearish stance on $BTC, with a substantial portion of their positions being held in short positions.