The global institutional shift to USDC continues. I am thrilled with our expanded partnership with Fireblocks, critical infrastructure for the digital asset ecosystem globally.
$SOL
They refuse to accept that their favorite altcoin will never hit ATHs again.
This was the perfect exit pump FTX needed to offload.
Do the homework on token inflation. Imagine buying an asset when the Solana Foundation can print new tokens out of thin air.
It’s a classic VC driven coin with massive supply concentration in the hands of a few insiders and funds. You think SOL organically went from $7 to $300 cause of "demand" 🤣
How do you realistically attract large buyers when the second you purchase, you instantly become exit liquidity for those same concentrated holders?
Don't hate the player, hate the game. It is what it is. Plenty of major projects died in the 2017–2018 cycle, and we’ll see the same thing happen again and again.
Pretty pathetic how this app works.
99% of this platform is full of shit posting retards who flip flop every other day, people naturally assume every account is the same.
I dare you to actually pay attention.
I called the top at 120K. I sold 50% of my spot into the highs. I entered 3x swing shorts at 123K. After that, I shorted 95K and rode it to 68K. Then I shorted 74K and rode it to 65K. Then I shorted 76K and rode it to 62K.
But now that we're in an area where shorting makes far less sense, and I've flipped aggressively bullish, suddenly I'm a "perma bull"?
You absolute fools. I've been one of the biggest bears on this app for the past 9 months. Only now have I flipped bullish.
So if you're planning to trade against my HTF view, be my guest.
Just don't act surprised when it ends the same way it always does.
I live and breathe this shit 16 hours a day. Most of you log on, read a few tweets, and think you've figured the market out.
In due time you'll see.
If you're paying close enough attention.
You can find the Google Drive link to both the English and Chinese version in the Medium post
If you want to leave a review on the guide, please do so through a comment on the Medium post or by a comment on this X post
https://t.co/koqGj3hkCR
Anytime there’s a big runner there’s tons of talk about supply control and I wanted to give some insight from my experience of launching coins, advising people who launched coins and just studying coins that have launched.
Supply control is not what everyone makes it out to be until you reach a certain point and for it to matter you need to do some MMing with some of those tokens. I’ve seen virtually no difference between the way a token moves with 20% supply control and 80% supply control when there’s no concerted effort to MM the token.
Now that may sound crazy but hear me out because it isn’t at all. To acquire 20% of the supply of a token is purchased sub $10k market cap in the current market, 80% takes you to like $35k(or whatever bonding is). With that being said, sure at 80% it’s beneficial to raise the starting mc to make it more difficult for others to buy supply for cheap but it’s nothing crazy and 20% does virtually nothing.
Supply control really starts to make a difference when you push higher and buy tokens off the bonding curve. The effectiveness of supply control is on an exponential curve(The curve of a constant product LP). So the difference between 20%-80% may be damn near not noticeable but once you begin pushing to 85%-95% the difference is massive however this requires some capital.
To put this all in perspective, when a token graduates the LP has roughly 20% of the supply in it. At $1m it has roughly 4% of the supply in it(it varies). So 80% of supply is sold under $35k-$40k mc then only 16% from $35k to $1m mc. You can clearly see how extreme the exponential curve is there and hopefully understand why the effects of supply control aren’t quite as noticeable until you break over 80%.