@BizzareF@sadcrissy@base In end it's all just speculation and this time I am speculating they can do something by criming this token else why they will list a token at 10M Mc. So let's see what happens this time.
going to add my two cents here
i believe ppl are generally upset with base because you guys pick & choose what you want to support onchain, because you never know what is going to work and what isnt going to work so it isnt as simple as objectively determining what is positive sum beforehand
for example, base did a big push on creator coins, you even directly bought balaji's coin, but base was not as supportive of memecoins, especially the ones that were doing a lot of volume onchain and could have benefitted from exchange listings earlier, but the creator coin & memecoin charts ended up looking near identical, with most of the creator coin charts not doing nearly as well as a lot of the largest memes on base - i personally think there are some unique reasons for why they didnt work and will work in the future but thats for another post
from my pov there are two different ways to value crypto assets, one is based on the fundamentals of the underlying business, and the other is more intangible value determined by the community of users of the network and driven by attention/momentum/belief etc
hyperliquid is a great business that makes real revenues and is valued in part because of those revenues, but it also trades at a premium because of the collective belief that their users have in the network and their future plans to execute on that vision
bitcoin on the other hand, makes no revenue, but is the largest crypto asset by market cap because it trades purely on the collective belief that it is a better store of value than depreciating fiat currencies and the network grew so large that it became a self-fulfilling prophecy
ethereum is somewhere in between in that it does make real revenues but if you simply valued it purely off of those revenues as you would a tech stock it would trade 95% lower, ethereum also has some intangible value determined by the network of cypherpunks who are majority stakeholders of the network, and they believe that its value as an asset is more than what you would come to conclude on based off of purely p/e ratios
tokenization, stablecoins, perpetuals, and prediction markets have been crypto's greatest success stories to date, tokenization in particular has been so successful because it is one of the only ways to accurately put a dollar value on this intangible value of culture and attention
memecoins are denigrated by a lot of the corporate entities in crypto, but i think what a lot of people fail to realize is that the same intangible value that drove bitcoin and ethereum to be the #1 & #2 largest assets in crypto is the same intangible value that attracts retail to speculating on memecoins, doge sits at $11B and has outlasted a majority of coins over the past decade, its value is purely derived from how internet natives value culture and memetics on the internet
do i think its important to uplift and support protocols in defi/rwas/consumer etc etc? yes, but its just as important to recognize what your users are interested in trading, the best analogy i can make is that if you are a mayor of a city and you have patrons who want to go to nightclubs or go to the casino or go to bars, you would not exclude this activity because you only want people to build businesses like banks, restaurants, corner stores, bookstores etc etc. - for an L1 to thrive it needs to have a diverse ecosystem of all things, and it is clear from the data that onchain trading volumes directly positively impact the native blockchain, whether thats in bringing more attention to the chain, or increasing fee revenues, or increasing revenues of underlying infra providers, or attracting new builders to create new products - best example of this is how bonk revitalized solana at the lows & was a very core reason that trading activity came back onchain + the main reason the first set of solana mobile phones sold out
all L1s & L2s are social networks with their own ecosystems and their own culture, with permissionless networks you cannot control what people build or trade, but you can find ways to provide support across the board and contribute to ideating on how to make trends more sustainable
I sized this dip on $CARDS
still one of the top platforms on Solana in terms of revenue
still heavily undervalued even at its recent peak
TCGs haven’t slowed down at all
simply a temporary shift in attention to memes
Full disclosure, didn't read the whole article.
But one point stood out as highly inaccurate.
The article said only 75 wallets redeemed in the month of June. This is incorrect.
We've had a total of over 580 unique Solana wallets that made withdrawals of cards over the last 30 days (window: May 31 → Jun 30, 2026).
How do I know this?
I handle outbound shipping operations.
India’s IT ministry banned Telegram for one week because some users shared leaked exam questions.
This punishes 150M+ ordinary Telegram users in India — not the insiders who leaked the exam materials.
And the ban hasn't stopped anything. The leaks just moved to other apps.
Great post on misconceptions about $NOCK but let me make it simpler and ELI-5 it for you all!
Hope this helps! If you found this useful, please like and retweet and help spread the word.
- $NOCK does NOT run heavy AI directly on the blockchain (that would be too slow and expensive).
- Instead: Heavy AI work happens off-chain on normal powerful computers/GPUs.
- After the work is done, a small ZK proof (mathematical receipt) is created to prove the result is correct.
- Only this tiny proof gets checked on-chain => fast, cheap, and secure.
- AI Inference = Using a trained AI model to answer questions or make predictions (the "everyday use" of AI).
- ZK proof = Zero-Knowledge Proof: Proves "I did the job right" without showing all the steps.
- This gives blockchain benefits (trust, transparency, no cheating) without clogging the chain.
- Verification secures the blockchain because fake results won’t produce a valid proof => math catches liars.
- You don’t need to trust the person running the AI; you only trust the mathematical proof.
- Payments: Customer pays in $NOCK for the AI service.
GPU owners (inference providers) do the heavy work → they get the majority of the money.
- GPU owners also earn extra $NOCK block rewards for submitting good ZK proofs.
- Blockchain validators/miners only verify proofs → they get smaller rewards + fees.
- Proof-of-Useful-Work: Miners do real useful AI work instead of wasting energy on puzzles.
- This creates a decentralized marketplace for AI compute.
- Bullish for $NOCK because the token is used as payment for all verifiable AI jobs.
- $NOCK owns the "trust + settlement layer" – the high-value part that scales with AI demand.
- Flywheel effect: More AI usage → more demand for $NOCK → stronger network → even more usage.
Hard-capped token supply with fair launch (no VC dumps).
- Makes real-world AI apps on blockchain practical and scalable.
- Turns raw GPU power into a trustworthy, globally accessible commodity.
- The off-chain heavy lifting is actually a feature, not a bug => it’s what makes everything usable at scale.
5 Key Points:
1- The same person with the same GPU can (and is encouraged to) do both the off-chain AI work and the mining.
In fact, that’s the whole point of Nockchain’s design. The miner and the “off-chain AI guy” are meant to be the same entity as much as possible.
2- You run real customer AI jobs on your GPU (off-chain) → you get paid directly by the customer.
3- That same work (or a tiny bit extra) lets you generate ZK proofs to compete for block rewards in $NOCK.
4- So basically, one GPU setup gives you two income streams with almost no extra cost.
5- This is the core design of Nockchain’s Proof-of-Useful-Work. ==> It turns normal GPU owners into both AI providers and miners at the same time.
This is exactly what makes @nockchain one of the strongest picks.