$SUI hit $5.35 in January 2025 🚀
Everyone called it the Solana killer, with its impressive tech and potential for growth, but the tokenomics told a different story, working against the price and leading to a significant decline.
Today it trades around $0.88, an 83% drawdown, with the token's design likely to prevent it from reaching its ATH again 💸, and we see this as a cautionary tale 👉
We're seeing the impact of flawed tokenomics on the price.
#Sui #SuiCommunity #SuiNetwork
Pouring dry powder into crypto. The more it falls the more I buy. The more uncomfortable I get the better I feel. Chaos is a ladder.
#Crypto#bitcoinboy#xrp#buybuybuy#bigballs
This is not investment advise.
With Nifty Gateway sadly announcing its closure, I'd like to share a small story from the very beginning.
Feb 2020, before NG had launched and before the world had heard the word 'NFT', I received an Instagram DM from @tyler. He said he was a fan of my work and wanted to talk about a crypto idea.
I almost ignored it.
I rarely use Instagram, and when I eventually saw the message weeks later, I genuinely thought it was a scam. Why would Tyler Winklevoss be DMing me? Then I spotted the blue tick and I was like WTF??!
Thankfully, we eventually connected. Tyler introduced me to @dccockfoster and @gcockfoster and the idea that would become Nifty Gateway. From there, we began planning what became my genesis drop on the platform.
When the Bitcoin Bull dropped, it was huge! I introduced the gold, silver, and bronze edition structure that later became recognised across the space. The 1/1 NFT sold to @pablorfraile after a major bidding war for a mindblowing $55,555, breaking all records and drawing attention well beyond the platform.
NG helped define an era. Massively! I'm very grateful to have been a part of it. But digital art does not end with the unfortunate closure of NG. This is just the beginning.
Who's here with me, still building? Who'll still be creating art regardless of platforms coming and going?
Onwards and upwards 🚀
Next stop. ##BookOfLogos
Hyperliquid is crushing the DEX perps market with $6.2 billion in 24-hour volume—almost double the combined volume of Aster and Lighter. Its open interest hit $8.3 billion, more than 3x Aster’s and nearly 7x Lighter’s.
Also worth noting: tradeXYZ, a HIP-3 DEX perps platform, has officially cracked the top 10 with $820 million in 24-hour volume.
There's no second best!
Three CryptoPunk sales in the last hour - things are really starting to heat up again for the iconic artwork.
At $90,000 floor, punks are really a steal right now.
For those not aware, I’m currently documenting my journey building $AUCTION in public over on Farcaster.
5 days in so far
Didn’t expect this, but it’s been weirdly therapeutic.
Like journaling except the market can read it.
Highly recommend others to try
Gm
Tomorrow is a big day for @houseproto. There’s so much to do but I duno man, I actually like the process
If we are mutuals and want a wl spot holler at your boy
The onchain eBay is opening its doors very soon