Mr.Sito 💪🏼🐉🧪

Well Well Well, How the turns have tabled...

[Robert F. Kennedy Jr @RobertKennedyJr]

President Trump has asked me to do three things:
1. Clean up the corruption in our government health agencies.
2. Return those agencies to their rich tradition of gold-standard, evidence-based science.
3. Make America Healthy Again by ending the chronic disease epidemic.

[Lost 🎯 @lostsol]

Just claimed my Magic Eden Diamonds 💎

[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?

[Mr.Sito 💪🏼🐉🧪 @Samurai_Sito]

Thank you Emmy for showering me with 20,000 Diamonds and getting me to shamelessly tweet this out. If you're a Solana OG head to https://t.co/BhWqNRv62T to claim the Diamonds you've earned

LFG glad to be apart of crypto history! @MagicEden

[Uzy @Uzy1000x]

Honoured to have spoken at the @UKHouseofLords and highlighted our work at @mobstudios_, the need for regulatory clarity for the Web 3 (and gaming) space in general (empowering creators and entrepreneurs), and encouraging the inclusion of specially-abled and neurodiverse people in the sector.

Looking forward to continuing these conversations and grateful to @BaronessUddin, @viewfromhk, @borgetsebastien, @PocketGamer, @ElcoinL, Balbir and the other speakers who are helping move the UK Web3 space in the right direction.

[Mr.Sito 💪🏼🐉🧪 @Samurai_Sito]

@MicroSamuraiNFT

I genuinely like the art...biased maybe, but I love it. I want to grab more. Really would like a tiger one. @0xYungVI Thanks for creating the collection brother.

[leorfysha @leorfysha]

My biggest W in my web3 journey.
Very privileged and lucky to have been led early by @TheGentlemonke since @XinDragons gen2 mint.
Will always be here for many years ahead. Thank you @DandiesNFT.
Looking forward to be blown away by https://t.co/jqdmkKwPGG V2.
Unleash the beast!

[// Xin Dragons @XinDragons]

Welcome to 2024.

Welcome to a new way of working.

Welcome to self-service.

//Stake

https://t.co/Az59eFwt0R

//🐉

[Gentlemonke @TheGentlemonke]

A fully self service and customisable non custodial (locked) OR custodial solution supporting realtime token emission, ad-hoc SOL/SPL distributions for revshare/shitcoin sharing. Points and min term locked vesting options coming soon, built by yours truly.

for FREEEEEEEEEEE

[dePalma @dePalma_Crypto]

👀Unbelievable, read this that happened to me today. One founder contacted me to work together. I accepted to work for him for 100$ upfront for 20 collabs done. He missclicked and sent me 10K $ 🤯

🧵...

[DEGEN NEWS @DegenerateNews]

ICYMI: @toly DEEP FAKE SCAM AD IS RUNNING ON @X - DO NOT SCAN QR CODE NOR CLICK IT

[Uzy @Uzy1000x]

Let us know how we can help from @mobstudios_ my bro! Leading design studio on solana and soon you might see some of our web2 clients 👀. Happy to jump on a call and see how we can help! 🫡❤️

I’ll share a thread with some of our art and a bit about our lead artist @DesignicalArt who has 1.6 million followers across his art social media accounts on TikTok, instagram and YouTube. 🔥

Would love to help!

https://t.co/WT0fKSDc78?

[Dandies @DandiesNFT]

Happy first birthday to Dandies!

To everyone who's been here since day one, and to everyone who joined along the way - we appreciate you more than you will ever know!

To celebrate our 1 year anniversary we will be giving away some fun stuff!

Maybe a @GalacticGeckoSG ? Maybe a @froganasnft ?….

Make sure your Dandies are secure, and come vibe and hang out in discord!

Details are in discord announcements.

#staydandy

❤️ @TheGentlemonke , @Hafe_xyz , and @SOL_Circus

[S◎L Stranger 💡 @ScatterBCrypto]

I heard that @GalacticGeckoSG wouldn’t ever get rugged…

Soo I had to change that. 🦎

Would be sick to do a raffle for it using @GeckCoin ? 👀

[DEGEN NEWS @DegenerateNews]

BREAKING: @solana FLIPS @ethereum IN MONTHLY NFT SALES VOLUME FOR THE FIRST TIME IN HISTORY

[GECKO @GeckCoin]

$GECKO is now listed on @CoinMarketCap

https://t.co/Uwdp6k8xdw

[// Xin Dragons @XinDragons]

Welcome to 2024.

🐉

It’s time.

[// Xin Dragons @XinDragons]

Get ready…

//887

Year of the Dragon 🐉 is upon us.

[xinlabs @xinlabs_]

So many new projects leveraging //Stake for their self-serve staking needs.

Excited for their holders to experience everything in one easy to manage place!

🤝

//