shitster

Exploring Crypto Gems and Hidden Treasures 🪨

[OSYRO @0xosyro]

The SSE Composite dropped 1.82% - that triggered a real bloodbath in the Chinese market, wiping out ¥1.3T from Chinese stocks in just a few hours

[OSYRO @0xosyro]

Dogecoin just jumped 4%

Outperforming majors while Bitcoin runs
Memes waking up again

You know what comes next
dogecoin:native

[FarmMyTears @FarmMyTears]

Looks like I might be making $3,000/month from Twitter soon

Just submitted a few applications on Kaito Studio from @KaitoAI.

Applied to ambassador programs from StandX, Theoriq and Flipster.

The structure is simple:
projects post campaigns - creators apply - selected participants get monthly deals.

Some of the current offers:

@StandX_Official - about $1,000
@TheoriqAI - around $1,500
@flipster_io - custom rewards + bonuses

Requirements are surprisingly light.
In some cases it’s just 1-2 posts per month.

What I like is that rewards are usually split between stable payments and project tokens, which means you get both immediate income and some upside if the project grows.

If more projects join this platform, we might finally see something interesting:

a real onchain creator economy for crypto Twitter.

[FarmMyTears @FarmMyTears]

Kaito Studio just launched its beta and it’s not what most people expected

Many thought Kaito AI would launch something closer to an AI marketing agency.
Instead, the first version of Kaito Studio looks more like a marketplace for Web3 ambassadors.
Projects are already posting campaigns. Creators apply directly.

Some early programs are live from StandX, Theoriq and Flipster.

Theoriq offers $1,500 for two long-form articles.

What’s interesting inside the platform:

Payments can be split between USD and project tokens
Token rewards often come with vesting
Projects care about actual product usage, not just follower count
Contracts start at 1 month but can extend up to 12 months
Kaito tracks the content after publication to make sure posts stay up

Other ecosystem partners already include Base, BNB Chain and Virtuals Protocol.
So right now @KaitoAI is basically building a marketplace where crypto projects hire creators for paid collaborations.
Pretty simple for a first release.
But many people expected something much bigger from Kaito.
AI agents running marketing.
Automated creator discovery.
Onchain reputation systems.

Instead they started with the simplest layer: paid ambassador programs.

Still early though.
If this evolves into a full creator economy for crypto marketing, it could become a pretty big deal.

[FarmMyTears @FarmMyTears]

What happens before 2026 ends?

[FarmMyTears @FarmMyTears]

Justin Sun spent $10M fighting the SEC for two years.
That is basically free in the world of crypto.

The U.S. Securities and Exchange Commission said in March 2023 that Justin Sun was selling unregistered securities through TRON (TRX) and BitTorrent (BTT) and allegedly wash trading TRX to make the market look more active.

There were two years of headlines after that.

The case is now over, with Rainberry paying $10 million to settle and dropping claims against Sun, the Tron Foundation, and the BitTorrent Foundation.

Take a moment to think about the scale.

During times of high volatility, crypto markets often see more than $100 million in liquidations in just one hour.

And one of the SEC's most famous cases against a big crypto founder ends with a $10 million check.

What I think.

This is why the market doesn't respond to these lawsuits very often anymore.

Regulators start big cases.
The media makes the drama worse.
Two years later, it ends in a settlement that doesn't set a clear precedent.

There is no final decision.
There is no clear definition of what is and isn't a security.

Just another move in the long game of regulatory chess between crypto and the SEC.

[FarmMyTears @FarmMyTears]

Wall Street made billions on IPO allocations.
The leftovers went to retail.

@Backpack wants to make it possible to access IPOs on-chain.
Before the markets open to the public.

When a company goes public, the founders usually go on a roadshow.
They pitch the story to big investors.
Funds get their allocations before the listing.
Retail can only get in when trading starts.

The biggest advantage is already gone by then.

Backpack is teaming up with Superstate to fix that.
The goal is to make Backpack a stop on the IPO roadshow.

This means that users could get their hands on IPO allocations before trading starts on national exchanges.

But this only works if the community shows that it is useful.

Companies that want to raise money are more likely to want to work with Backpack as its user base grows stronger and more active.

More people.
More things to do.
Easier access to IPOs.

That's why the waitlist is important.

People who sign up early will get early access to the first IPO allocation.

This is also why Backpack didn't make a DEX.

You can't give people access to an IPO from the shadows.
This only works with infrastructure that follows the rules.

Access to capital markets that are built on crypto.

Either go big or go home.

[FarmMyTears @FarmMyTears]

Half of crypto-Twitter is going to go crazy over what Ray Dalio just said.

"There's only one gold."

And he says that Bitcoin is not it.

1/ Dalio says that gold is still the best way to keep your money safe during times of war.
It is held by central banks. The government knows about it. And it has a long history of money behind it.
He thinks that Bitcoin doesn't have that institutional base yet.

2/ He also asked why central banks would ever want to keep Bitcoin in their reserves.
Central banks around the world keep gold in vaults as a way to keep money stable.
In contrast, official reserves don't hold much Bitcoin.
That difference is more important to Dalio than most crypto investors will admit.

3/ He also brought up privacy as a concern.
On-chain, all Bitcoin transactions can be traced.
Dalio says that this makes it much less appealing as a global reserve asset, where discretion is often important.

4/ He also talked about a longer-term technological risk: quantum computing.
If quantum systems get strong enough, they could theoretically break the cryptographic protections we have now.
That situation is still just a guess, but Dalio thinks it's a structural risk for Bitcoin.

5/ Dalio ironically said before that Bitcoin is similar to "hard money."
But he still says that BTC is still very closely related to tech stocks when the market is stressed.
This makes the story that it acts like a crisis hedge less believable.

6/ This debate is interesting because Dalio is not against crypto.
He had even said before that putting up to 15% of a portfolio into gold or Bitcoin could help improve risk-adjusted returns.
But if he had to pick a real safe place, it would be gold.

7/ His main point is about something deeper.
Dalio thinks that the global monetary system is changing because debt levels are rising and tensions between countries are rising.
In that world, investors will look for assets that can survive the loss of value of money.

8/ Gold has already shown that it can do that.
Bitcoin is still working on it.

And that's where the real fight for the next ten years of money starts.

Bitcoin vs. Gold

Which one do people trust more?

[FarmMyTears @FarmMyTears]

$341M liquidated in 24h. $210M of that was BTC longs.
Geopolitical risk is rising while CME is still closed and leverage already got wiped once.

Here’s the setup going into Monday.

In the past 24 hours, total crypto liquidations hit $341M, with BTC accounting for roughly $210M — mostly long positions. That means the flush already happened on the leveraged side. OI dropped, weak hands got cleared.

Now the real question is not “will BTC dump”, but what happens when traditional markets open.

If S&P futures open red and $DXY pushes higher, BTC likely trades as a risk asset again. In early conflict phases, BTC correlates with Nasdaq, not gold. That increases the probability of another liquidity sweep if spot bids are thin.

But here’s the other side.

If most overleveraged longs are already gone and funding flips negative, Monday could become a squeeze instead of a cascade. Less crowded positioning means less fuel for forced selling.

This isn’t about fear.
It’s about liquidity, OI structure, and where stops are clustered.

Monday doesn’t decide direction.
It decides who gets liquidated next.

[FarmMyTears @FarmMyTears]

If this spreads, markets won’t just dip.
They’ll break.
And crypto won’t be the safe haven people think it is.

US and Israel have launched strikes on Iran. Iran is responding with missiles and drones. Gulf states including the UAE are on high alert, airspace restrictions everywhere, regional tension escalating fast.

This isn’t Twitter drama. This is kinetic.

When wars expand, risk assets get liquidated first.
Stocks dump. Liquidity dries up. Crypto gets hit harder than anything because it’s the most reflexive risk asset on earth.

People don’t think about Bitcoin when missiles are flying. They think about oil, food, safety, capital controls.
If this turns into a multi-front regional war, you can forget altseason.
You can forget narratives.
You can forget “next cycle soon.”

In real geopolitical escalation, capital goes defensive. Hard.

Not saying it will happen.
But if it does, the reset won’t be gentle.

[FarmMyTears @FarmMyTears]

Opinion TGE is coming and the market is at absolute lows.

Down-only. Fear everywhere. Liquidity thin.
Perfect setup for either a massive bounce… or pure slaughter.
Pre-market is sitting around $0.48 (~$480M FDV).
OKX still shows March 4 as TGE.

What’s the real question?
How much is a point worth?
$20?
$30?
Or do they intentionally open low, let everyone panic sell, then squeeze it back up a week later like we’ve seen on other TGEs?

Also funny timing - Europe restrictions right before TGE.
You can still work around it (country switch), but still interesting move.
You can register up to 5 wallets for the drop, deadline is today.

Personally, I’m done farming. Now I just wait.
Dead market + weak hands + fresh token = volatility.
This one won’t be boring.

[FarmMyTears @FarmMyTears]

Extended’s metrics honestly make me smile.

Volume keeps growing, fees are strong, activity feels organic. This is exactly how early infra plays start before the crowd wakes up.

I’m really hoping this turns into a proper cook with early and cheap points, similar to what happened with Lighter.

I’m not even farming points aggressively.
But any trade where I need leverage on fundamentals, I run it exclusively on Extended. If I’m taking risk anyway, I’d rather stack points on the side.
Hot take:
1 point - $10 very soon.

Yeah, I know - OTC right now is around $2.
That’s usually how it looks before people realize what they’re holding.

[FarmMyTears @FarmMyTears]

Backpack announces face re-verification before TGE.
And almost instantly people start getting scam emails.

Same timing.

Same narrative.

“Final step before TGE���
“Activate eligibility”
“Verification required”
Looks legit at first glance.
Until you notice it’s coming from random domains.

This part is scary.

Because these emails started appearing RIGHT after the reverification news.

Which makes one question obvious:

how did scammers get those emails so fast?

Nobody knows if it’s leaked data, scraped lists, or just smart targeting.

But the precision is insane.

They knew exactly what message to copy.

Exactly what fear to trigger.

Exactly when to send it.

And honestly after a full year of airdrop farming, most people are already conditioned to click anything that says “claim”.

So now we’re in a weird place:

real reverification from Backpack
fake reverification from scammers

and users stuck in the middle trying not to get drained.

Rule feels simple now:
if it arrives in your inbox first - it’s probably not real.

Go through official channels only.

Crypto spent a year trying to outsmart airdrops.

Scammers just weaponized the hype.

If you got one of these emails - you’re not the only one.

[Spirit @0xSpirito]

Extended, Variational and Backpack should not be showing this kind of behavior at the same time

Different narratives
Similar flow
And the timing is the weird part

They are starting to wake up while the rest of the market still feels like trash

@extendedapp attracts attention without expansion

@variational_io spikes, fades, then comes back higher instead of resetting

@Backpack stays quiet while liquidity keeps getting absorbed

None of this confirms anything

But infrastructure names usually do not move together unless positioning shifts before sentiment catches up

Most people wait for green candles

Moves like this often start while everyone still complains that the market is dead

If structure holds, continuation becomes mechanical

If ranges fail, it all goes back to noise

Early rotation into trading infrastructure
or just another fake start inside a weak market

[OSYRO @0xosyro]

I've been keeping an eye on the latest StandX update. They're slowly making the product better.

Mobile Mode is now available. Scan a QR code on your computer and manage perps from your phone. It's simple, but it matters to active traders.

Maker Points @StandX_Official are running and Maker Uptime Month 1 rewards are locked, so liquidity incentives are real. They also added Loser Points, which give you 5 points for every $1 you lose. Smart retention mechanic, even if people don't see it.

The Striker Program Round 1 is over, and the winners of the Perps Master have been announced.

It feels like steady building, not noise.

[Savage @crptSavage]

everyone farming points meanwhile opinion is funding builders

Opinion Labs still has the Opinion Builders application open
phase 3 grants review for apps submitted after jan 5
and ppl are already getting into the accelerator
i still see new names popping up in the feed

this isnt points this is actual capital + support to build tools around prediction markets
if u ever wanted to ship something in this niche this is literally open door money

most will ignore cause its not instant
few will apply and quietly get funded

https://t.co/HDkS8RO2am

[shitster @cryptoshitster]

@Bybit_Official @dmcccrypto cool story now show the flow and the levels

[shitster @cryptoshitster]

@Cointelegraph this mev game is wild bro 2k sandwiches daily means we losing mad eth every single day gotta find ways to protect those trades

[shitster @cryptoshitster]

@MrBitcoinWhalee btc dropping below 68k after that consolidation zone makes me wary for a retest of 65k, eth below 2k is shaky but 1850 area could be strong next support

[shitster @cryptoshitster]

@Cointelegraph ibkr making moves with coinbase derivatives this might push btc volatility back above 3 for next week watch open interest closely