Geri

Solana NFT collector
Coach, Trainer and Podcaster

[Geri @cryptoawenger]

@tavken3i UTE and FTC collab coming soon🤣

[Geri @cryptoawenger]

@tavken3i @Escoba_sol @xcombinator_ai @iamam_ai @aktmath @win_mint1 No! You are a legend my friend!👌🫵

[Geri @cryptoawenger]

I've claimed 100 points from @Freeexyz testnet!

Join Freee Airdrop to instantly claim your points. Other than that, you can also earn Diamonds by minting and creating on Freee.

Take your action now: https://t.co/5YTOff5qTg

https://t.co/XKsb5MkGKy

[SolanaFloor @SolanaFloor]

🚨JUST IN: @solana releases a video explaining how the Actions and Blinks make it easier for end user to seamlessly transact everywhere on internet.

[SolanaFloor @SolanaFloor]

🚨 BREAKING: @binance Web3 wallet integrates @solana, allowing users to easily manage tokens, trade, and access dApps on the Solana network.

dApps include: Drift Protocol, JitoSOL, JupiterExchange, Raydium Protocol, Pyth Network, MarginFi, Orca and MagicEden.

[Tav | Sustainable Human Relationships Facilitator @logosrelate]

We just tried @SolChatCoin with my good friend @cryptoawenger. - The call was seamless. Great quality!

If this is truly p2p then huge Congrats.

Looking forward to see the updates and make this as user friendly as possible.

[Geri @cryptoawenger]

@BozoCollective Bozos Are Better!🔥🔥 Love this idea!👌

[Geri @cryptoawenger]

Bozos are Better!!!🔥🔥@BozoCollective $BOZO

Huge idea!🫡👇

[Geri @cryptoawenger]

@zheruonlymemes @OvolsNFT @tensor_hq @speeksUK @_ilmoi @0xrwu @justin_oogy LFG🔥🔥

[zheru.onlymemes @zheruonlymemes]

This (albeit real world) @OvolsNFT is not fond of the new price lock feature of @tensor_hq. Are you?

This is one of my meme submission for the Tensor Creator Competitions. Hope y'all like it @speeksUK @_ilmoi @0xrwu @justin_oogy 🫡

https://t.co/mlwpfaW3Hi

[Geri @cryptoawenger]

@tavken3i @BozoCollective So I should buy more Bozos and $Bozo then🫡

[Geri @cryptoawenger]

@tavken3i @BozoCollective Be a real Bozo and give me some info

[Geri @cryptoawenger]

I think @weremeow and his team made a very good token launch! We need some stability and fairness in the web3 ecosystem!!!

[an6y.jpg | ⌥ @an6y_jpg]

Were we all wrong in saying $JUP is going to $2-$3?
Yes, obviously, but also no.

We didn’t understand the new mechanics on this new type of launch.

The demand was there. Around $125m sent $JUP to $0.7. If this would have been a normal launch the price predictions would have hit.

But why didn’t this happen?
@JupiterExchange setting and clearly communicating the DLMM price settings automatically created a psychological resistance price for traders at $0.7, which in reality was quite the opposite. At 0.7 the DLMM liquidity (volatility resistance) was gone, proper parabolic price discovery would have been possible.

A lot of demand/volume was handled via OTC deals on @WhalesMarket. @HGEABC alone bought around 9m tokens there.

@JupiterExchange supplying sooo much liquidity completely halted any type of parabolic price discovery. Good for accumulators and airdrop dumpers. Bad for bots, traders, degens and moon boys aka volatility lovers.

If you want to know how much this liquidity is keeping the $JUP price in check simulate at $1m USDC buy on $JUP and $PYTH.
Slippage:
$JUP: 1.32%
$PYTH: 32.7%

A quick linear extrapolation: with $125m in buying pressure with a normal launch pool would have catapulted the $JUP price to around $2-$3 post launch.

What does this mean?
1. The launch worked as intended, the mechanics are spot on and probably as fair as can be for a token launch. Great stuff @weremeow
2. On Wednesday the @JupiterExchange DLMM pools gets pulled. The price then will determine the circulating supply for the next 12 months. @ $0.7 or above there will be 1.35b tokens available, @ or below $0.4 it will be 1.1b tokens after the team removes the DLMM. Both are bullish in their own way. Either @JupiterExchange raises a huge amount of $ to build great tech or we see a circulating supply cut. The truth will probably be somewhere in between.
3. Imo we can expect some sort of bullish news leading up to Wednesday, most likely staking. Why? @JupiterExchange want to get as close to $0.7 as possible to raise as much as possible.
4. Once the DLMM pool is removed volatility will return, traders will return, volume will increase and a moon mission could be set in motion.

I‘m comfortable holding my free airdrop.

What’s your take?
Do you like the mechanics?
How will this work for future launches, now that we know how it works?

[Geri @cryptoawenger]

@tavken3i You are really learning this my friend! A told u!!!😂

[Geri @cryptoawenger]

Love this!!! Bozos are Better!

[Geri @cryptoawenger]

@BozoCollective Bozos Are Better!!! #bozosarebetter

[Geri @cryptoawenger]

I nominate @tifivagyok for the Legends of SOL airdrop for being a Legend

Head over to https://t.co/snQbyE9KMT, confirm your nomination, and choose your Legends 🫡

Your nomination will lead to The Choice...

$LEGEND #LegendsOfSOL via @Legends_of_SOL

[Famous Skeletons | SOLD OUT @FamousSkeletons]

Proud to announce our launchpad platform - @MagicEden 🫵👑

Mint Date: Feb. 8
Supply: 3333
Price: Free

Are you ready to be the Famous Skeletons? 💀

[Geri @cryptoawenger]

Thank you Emmy for showering me with 2,500 Diamonds and getting me to shamelessly tweet this out. If you're a Solana OG head to https://t.co/13JbFOLB4T to claim the Diamonds you've earned

[Geri @cryptoawenger]

GM! Beautiful morning on 31th of #JUPUARY!

What's your plan with your $JUP airdrop allocation?