Hello World. If you're on the @resistorai Telegram, you might already know me. I'm one of the founders and lead developers at Resistor AI. I created this Twitter account to post some personal updates.
GPU rental soon on $TOR.
Still has so much more room for the upside here. ππ»
Pretty curious also on the unique feature coming out in the coming weeks.
Send this gem to VALHALLA!
@resistorai
In the past, I made the mistake of rotating from utility to meme coins, even though I would never do well on meme coins. Things only started going well when I picked my niche and stopped chasing the next hype.
Crypto typically undergoes a macro cycle as well as a microcycle. The microcycle occurs entirely on-chain.
At the start of a microcycle, major cryptocurrencies like Bitcoin, Ethereum, Solana, and others experience a surge. After a few days or weeks, the trading volume begins to shift on-chain towards Meme Coins and eventually transitions to utility projects.
When this shift occurs, select projects see significant activity. Ultimately, Bitcoin and Ethereum undergo a correction, prompting many to sell their on-chain tokens. This leads to a cycle of revival.
In summary, every year on the Ethereum on-chain market, we witness 2 to 4 mini bull-bear cycles that, unlike traditional cycles that span years, these complete within a few months.
BTC/ETH correction -> On-Chain Coins Dump -> BTC/ETH Trades Sideways -> BTC/ETH Pump -> On-Chain Meme Coin Pump -> Utility Projects Pump -> BTC/ETH Correction.