First $MEGA buyback. Ignore FUD saying it was a tiny buy. Just do the math:
1⃣ visit https://t.co/vW9ofIrM8p
2⃣rev by 30/04 = 512.4k $USDM
3⃣Factoring in this is gross revenue & minor inaccuracies
4⃣My est: buyback was for roughly 400k $USDM
Very solid
https://t.co/9oalG6AVJP
You're telling me I made 15% in a few HOURS on my deposited $MEGA via Flux, why is nobody talking about this
Probably because don't want to dilute the rewards - the less people know about this alpha, the better for those invested
Token $MEGA is down ~50%
There are no exchange fees, no shady price action, no “crime” on the chart
But still sitting around a $1.3B FDV
This is the part of the market i really don’t understand
People will chase the most manufactured hype, new and shiny narratives, quick pumps
But ignore projects that are building solid tek
I think we've bottomed out on $MEGA and it's massively undervalued at this point
ps: i'm still holding my positions from megaeth
MegaETH USDm circulating supply is above $700M
looks like we're closer to hitting the 2nd tranche in the USDm KPI.
that's over $12.64M worth of $mega tokens in rewards for flux commiters.
M(0S)S also incoming. nobody understands what that is except the team.
update:
looks like shorting $MEGA has become consensus
funding across major exchanges is trending negative, as it’s been a fairly profitable trade
just make sure you’re tracking positioning, crowded trades tend to unwind pretty fast; wouldn’t be surprised to see a bounce this week
gMega
I’ve seen many people trashing MegaETH for most of its TVL being owned by Ethena currently
I think this is a much better and more positive lens to look through by John
It’s more about trying to kick start the flywheel for the ecosystem than trying to scam people into thinking there is TVL
tbh the fud on megaeth is disgusting
and if you are doing that to get a lower entry
you are pretty much selfish and don’t care about others losing money to your bs
ok if they paid stables or whatever to get listed, so what ?
ok since you lots compare it to monad, why are they not listed on binance spot ? couldn’t they pay to get listed ?
really why the fud when a project is starting to look successful ?
or you guys are hurt so badly that every new shiny project is automated deviating to ulterior motives ?
let one or two projects give you reason to believe in crypto again, or you leave the space
again, stop hurting