In 2023, $SOL saw a 140% gain over a span of 30 days leading up to Solana Breakpoint.
I see no reason not to go long on $SOL and its ecosystem tokens leading up to Solana Breakpoint on September 20th.
The recent dip also makes it a favorable time to do it.
Historically, Solana performs very well leading up to the event and often hits local tops during the event itself (hoping for ATH this time).
Be aware that market makers will likely prevent you from getting the perfect entry. We might hit a local bottom within the next 2 weeks, so I plan to start going long here with low leverage.
Placed orders around these prices:
$138 -> 5x lvg
$130 -> 10x lvg
$115 -> 20x lvg
$105 -> 30x lvg
NFA
Há uma diferença entre @MendiFinance e $MENDI. Quem não tem entende isso vai continuar a comprar topos e vender fundos. Estou a borrifar-me se Zerolend dá flip em TVL a Mendi. Quando virem o token %$ZERO a 200/300/400/500M Marketcap vão reparar que mais valia terem comprado $MENDI que o seu capital tinha valorizado muito mais pois tem um marketcap infinitamente mais baixo.
Não estou em web3 pela tech, portanto nunca vou argumentar que o protocolo de Mendi em si é melhor que o de Zerolend pq aparentemente até pode não ser. Agora sobre o token $MENDI e sobre os incentivos para usar o protocolo @MendiFinance se acha que em Zerolend é melhor n��o pode estar bom da cabeça.
Honestamente estou convicto que para quem começou a farmar Zerolend em Zksync vai dar muito bom e para quem farmar em Linea vai dar horrível pq é tarde demais.
For those who think that borrowing is the better way to farm MLP's: it is not unless you have 5/6 figures minimum to do it and don't want to swap your tokens.
Staking $MENDI gets you way more $MENDI and MLPs as it still has and huge APR and you are competing with very few whales (precisely why the marketcap is low compared to the TVL).
Another great think about Mendi Loyalty Program is that even if you start now, the amount of MLPs that u are able to farm everytime @MendiFinance hits a new milestone is a lot bigger than the previous one so that people that join later can have a chance of having a good amount of Linea tokens airdroped.
I didn't say this but i should:
I do lend on @MendiFinance my rzETH because despite being to able to borrow less stables, i get $MENDI as an incentive and this is a way of DCAing it without having to buy more. However if your main goal on lending is to accumulate more Renzo points i find @zerolendxyz to better. On my case I borrowed to buy more $MENDI.
Like I said i don't care about having more 100/1000$ of stables to be able to loop more rzeth. I care about buying a token that will pump so hard that you will regret to waste all this time to have more 10/20% of capital efficiency.
Plus, it is unthinkable to have Linea with 1/2/3B TVL without more good lending protocols. Competition is great and will make @MendiFinance even better than what it is already 😉
Seeing a few people getting worried about @zerolendxyz flipping @MendiFinance on TVL on Linea. You can only be bearish here if you don't understand how the game works.
I never ever said that borrowing on @MendiFinance was mind-blowing because it is not. It is a whales games where you won't stand a chance to grab a decent amount of MLP's and your LTV especially supplying rzETH is really low. Zerolend has better incentives as they don't have token yet and u can speculate on having as reward their airdrop as u farm "earlyzero points".
The thing is that there are people farming it on zksync for over a year (myself included) and with the airdrop happening really soon you won't have a decent amount of it. And on this case i don't expect the token $ZERO to launch nothing less than the double of its protocolo TVL.
Once their token launches their protocol will have probably worse incentives than @MendiFinance for borrowing and TVL will probably plummet. But that's not the point i want to bring.
If you really want better Defi and looking for more 10/20/30% on your capital efficiency @zerolendxyz rn seems a better choice.
I am here to buy low and sell high.
I am here to make 10/20/50/100x, not 20/30/40/100%.
If you are like me you don't confuse @MendiFinance protocol with their token $MENDI.
And if you don't, you understand that buying more $MENDI (as you never ever have $MENDI enough) is the only smart choice here. 59M TVL to 6M Marketcap is a non brainer.
If you are already deep on $MENDI but you don't stake it and take those juicy MLPs with you are NGMI either.
Be smarter 📈
4 days ago I spotted this whale showing signs of wanting to sell.
When I saw the first batch I knew that he was going to sell everything very quick and decided to don't DCA for now. On the last 24 hours he decided to sell everything and even with 155k$ sold in the last 3 days $MENDI managed to pump and has this amazing price action.
I sniped a couple thousands today and intend to continue to DCA until we reach 2$ at which I will stop buying.
Will you stay sidelined and continue not to accumulate your MLPs anon? 😌
🌊The @LineaBuild Surge is right around the corner…
Providing liquidity to @MendiFinance, a top lending protocol, puts you in the highest tier of LXP-L rewards!🥇
Supply today to earn the early adopter’s LXP-L multiplier👉https://t.co/t0k034yyV8
https://t.co/gQrhl1zRD8
Sometimes i open dexscrener and study some wallets and their buy and sell pattern in a variety of tokens.
And i can tell you that on the last few days i saw a tremendous amount of wallets who bought the previous top and instead of buying more when it dipped, they sold the actual bottom.
If you gone all in at the top don't worry: that top won't last for too long 🤭
If your conviction was purely based on the last green candle you are NGMI 😉
Still cheap AF 📈
20$ BARE MINIMUM per $MENDI