Popcat is now popping on Base! ๐๐พ The internet's favorite cat that pops has officially made its way to the Base blockchain. ๐ Ready to pop into the future? ๐
Buy it here: https://t.co/NWRyxgtMdK
https://t.co/EjTVFTaznE
You arenโt bullish enough on NFTs.
Donโt believe me?
Listen to this clip from when I joined @farokh and @Tyler_Did_It on FOMO Hour this morning.
Might be one of the greatest bull cases Iโve ever given.
If you're selling here it's like selling SOL @ $3 and I wish the best to you and your therapist. These will hit $1 each, you simply lack belief.
If you're an @astrofoliosol hater then check out https://t.co/FM2wFcSq2P where you can short ASTRO-PERP to your heart's content.
Learning people still don't know this so I'm gonna start screaming it daily
You can trade memecoins on OX but you can also DEPOSIT THEM AS MONEY TO TRADE WITH
DEPOSIT SHRUB TO LONG SHRUB
DEPOSIT RETARDIO TO LONG RETARDIO
DEPOSIT CULT TO LONG CULT
DeFi Renaissance -> ATH in DEX volume.
Next is for DeFi TVL to break new high of $170b in Nov 2021.
"Decentralized exchange (DEX) volumes reached $300 billion in November 2024, surpassing the previous cycle's high of $260 billion set in May 2021, marking a significant milestone in DEX adoption."
One thing that I've found more and more baffling in the last few weeks is the vertical ascent of SUI, with it quintupling off the lows (Ex 1). The market is starved for winners, and believes it has found one here, yet it all feels awfully chintzy for two reasons that I think feed into each other. First, buying SUI here at a $23B FDV under the fundamental view that it can follow in Solana's footsteps no longer seems tenable. It now trades at a quarter of Solana's valuation. Can anyone really lay out the case that on a relative basis this makes any sense whatsoever from a risk-reward perspective anymore? Has SUI really shown a quarter of the potential of Solana?
Secondly, and something I think few know โ insiders (including what is likely a large foundation wallet) have sold $400 million in tokens throughout this run-up (Ex 2), had already begun selling material amounts at much lower prices, and are even accelerating their selling at these more elevated levels (Ex 3). It does not bring comfort that the people building this ecosystem, the people who arguably know this token's value best, are unloading hundreds of millions of dollars of token into less informed buyers chasing momentum. As some of us have learned, whether now or later, as with most of these games where retail buys from insiders, there is only one ending.