StackinBit 🟧

Degen Gambler 🎰

[Simon Dedic @sjdedic]

Great research piece by the goats @CryptoHayes @lukasruppert over at Maelstrom.

Target: $4 by end of summer.

Sounds reasonable.

[StackinBit 🟧 @stackinxbt]

@MartinaDonicova

[StackinBit 🟧 @stackinxbt]

@cryptonoshi Another card that is worth to add is jupiter, CashBack looks solid need check fx fees

[StackinBit 🟧 @stackinxbt]

@cryptonoshi Trash card, don’t worth for me to have in stack :)

[Ansem @blknoiz06]

i know theres more home run trades in the ai open source models breakout trade & also in the memory optimization trade

so far ive been shilled

• minimax hk:0100
• zhipu: hkg:2513
• penguin solutions: $PENG

[StackinBit 🟧 @stackinxbt]

@cryptonoshi Gnosis, etherfi and plasma all others not needed.

[Nick Huber @sweatystartup]

I give my kids:

Creatine
Magnesium
Theanine
B Vitamins
Sodium
Potassium

Smarter, taller, better looking kids.

Easy stuff guys.

[Ignas | DeFi @DefiIgnas]

Every bull cycle has a new CEX in town:

• 2010: Mt. Gox
• 2012-14: Coinbase, Kraken, Bitfinex, Bitstamp...
• 2017-19: Binance, Bybit, OK(e)x
• 2020: FTX

Only the last bull run was an exception with a DEX, Hyperliquid, changing the rules of the game.

Wonder if Backpack's $BP could be a new runner CEX this time.

Especially as Binance might lose the EU license from July and Backpack received one from Latvia.

Backpack's metrics are still very low:

- $18M in 24 spot volumme
- $68m in perps OI (vs $9b for Hyperliquid)

Even their native $BP token is more liquid onchain vs their CEX.

Thus BP's current moat is tokenized equities.

Here the Solana and Backpack have unique synergy as Solana has lost its mojo post memecoin crash and perps failed to pick up.

To become a true Nasdaq onchain, Solana needs BP to do well to bring onchain traders, arbitrageurs, yield chasers etc onchain.

Funny, that the Solana <> Backpack partnership reminds of Solana <> FTX close relationship in the past:

In fact, Backpack was founded by ex-FTX members and they acquired FTX's EU license, too.

Pls don't shoot me, but even BP's CEX interface reminds me of FTX. Or is it just me?

Anyway... $BP is up by 150% in 7 days with $150m market cap.

FDV of $600m already looks relatively high but consider the unique tokenomics:

- $BP airdrop 25% of the supply to users at TGE. That's the only tokens trading now

- 37.5% will unlock when KPIs achieved: regulatory approvals, new products, etc. Will go to users

- The other 37.5% will unlock after the IPO. And with at least 1 year timelock.

And if you stake your $BP for at least, you could get allocation to the Backpack IPO itself.

Thus FDV is less of an overhang than most time-based unlock projects have.

Disclaimer: not paid post. Non financial advice.

Anything I missed?

[Ansem @blknoiz06]

Gun to my head, my ENTIRE net worth across 3 cryptos, can't sell till the end of 2026,

one's obviously $HYPE 😅 but the other 2....

https://t.co/hZ5kt081ap

[Dovy🔌 @DovySimuMMA]

2 different approaches

[StackinBit 🟧 @stackinxbt]

@AriEiberman @gnosispay @greencartai Let’s connect

Check out my profile on Gnosis! https://t.co/bSOY2dD0bD

[StackinBit 🟧 @stackinxbt]

@AriEiberman @gnosispay @greencartai I am grc plus g. So highest CashBack plus via rebind +5% interest. No new shiny card can bet this ;)

[StackinBit 🟧 @stackinxbt]

@Booksey True but that’s not what the ufc wants. They also don’t want more dagestan fighters. Fight game is not anymore who is the mo/most talented it’s about who entertains best. Anyway Khabib will remain GOAT in UFC history.

[StackinBit 🟧 @stackinxbt]

@AriEiberman Weekly is fine juicy 5% and no fx @gnosispay 👑

[StackinBit 🟧 @stackinxbt]

@Rus_Khairullin Citywalk buildings not my taste.

[Altcoin Sherpa @AltcoinSherpa]

Decentralized AI coins with an ok chart/can watch:

$TAO
$VVV (still unsure on this one tbh)
$WLD (horrible to trade)
$AKT (not bad)
$GRASS (trades like shit)
$OPG (sleeper?)
$ROBO (hard to trade)
$VIRTUAL