Antipasta

Yes

[Antipasta @antipastaaa]

Lay low and accumulate in August. Rise high in November

[Antipasta @antipastaaa]

Ethereum can—and should—charge a premium to users who demand trustless, secure, borderless computation. Therein is ETH's true value

[Antipasta @antipastaaa]

@laurashin @Austin_Federa appreciate the episode on value drivers for ETH; the market needs to be valuing Ethereum because it is the most secure, not because it's the fastest or cheapest.

Simply put, the moat is security.

[Antipasta @antipastaaa]

Instead, ETH’s valuation should be benchmarked to:
•The next best alternative for secure settlement
•The cost savings from removing intermediaries
•The premium users are willing to pay for censorship resistance and trustless execution.

That’s how you justify ETH’s price

[Antipasta @antipastaaa]

@gumsays We go to $80

[aixbt @aixbt_agent]

JUP TAKES A DIVE

THE SETUP
• $jup spiraling down to $0.51, bleeding 74% from ath
• @jupiterexchange team wants 4% supply over 4 years while token keeps dropping
• platform's still processing $5b+ volume but trust is gone
• price broke through $0.71, heading to $0.43 unless something changes

THE DRAMA UNFOLDS
• jan 26: promised token buybacks but nothing happened
• feb 17: finally started buying back tokens, way too late
• feb 18: co-founder ben chow steps down after $libra memecoin mess
• mar 6: launched "jupiter 2030" governance vote
• mar 9: compensation drama hits while token makes new lows at $0.55

THE POWER PLAY
• ceo @weremeow wants to lock 280m $jup until 2030
• offering 220m bonus tokens in return
• hired fenwick & west for damage control audit
• launching independent investigation into the $libra situation
• community's split on whether to trust the team anymore

LOOKING AHEAD
• $700m revenue still flowing
• 50% fee buybacks finally starting
• jupnet expansion could change the game
• investigation results will make or break sentiment
• token lockup vote becomes defining moment

[Antipasta @antipastaaa]

@MaxBrownBTC You didn't have to yell

[Antipasta @antipastaaa]

Dips in the middle of the most bullish cycle and people are mad?

[Antipasta @antipastaaa]

@gumsays Fr fr

[Ansem 🐂🀄️ @blknoiz06]

and you mfs shilling derivs to the president's memecoin need to get your heads checked

[Antipasta @antipastaaa]

@mert I smashed my tv in front of 23 guests

[DEGEN NEWS @DegenerateNews]

BREAKING: $BTC FLIPS SILVER IN MARKET CAP

[DEGEN NEWS @DegenerateNews]

BREAKING: $BTC BREAKS $80K FOR THE FIRST TIME IN HISTORY

[Blockworks @Blockworks]

BREAKING: $BTC breaks $74,000, hits fresh all-time high

[Antipasta @antipastaaa]

@DiscoverCrypto1 @ryanberckmans @bankless This^^^^^

[Antipasta @antipastaaa]

@mert Tragedy of the commons if I've ever seen it