CryptoNic🍯 (,,ﾟДﾟ)

don’t sell too early…

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

Everything you need to know about the $GIKO lore

[AlphaShot @alphashot_]

You want alpha?

Watch this video

Then do whatever tf you want

Pepe of cats vibe

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@0xmarcus_ @Psypherz @spacepixel Hook line and sinker

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@AltcoinSherpa Stocks definitely dipping and worth the buy

Crypto getting absolutely nuked 🤣

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

Bought $GIKO on this dip

Hope BTC goes lower so I can buy even more for cheap

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

This is why you buy the leader of the trend like $cards and only ever flip the wannabe projects

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

The $gacha kols finally decided to rug ya

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@BtcPuppet @spacepixel lmao

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

Talking about stocks btw

Crypto is cooked

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

What are you doing if not buying these dips

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@Dirty_Dons @phygitals @jup_offerbook Yup, same exact setup presenting itself here

[Middle Class Money @MidlClassMoney]

Are you buying the $NOW dip?

- Major Trump holding
- Jensen Huang backed
- CEO bought 3 million dollars in shares
- Claude’s largest portfolio holding @theaiportfolios
- Revenue chart shown below

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

Will enter $NOW pretty largely if it gets back down between $100-$110

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@Agrippa_Inv @IREN_Ltd Yes the stock price is down on the day. Riddle me that 🤣

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@Himoothee Under $3k in holdings likely won’t win anything

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

Whole crypto market nuking and near:native up 10% today

Diamond among the feces

[durial @durial]

let me give a proper explanation on how this shit works because seeing a lot of fake news

when you see these insane candles happening on random tokens like LAB, RAVE, Momentum etc it’s because of a group of people do what is called “active market making”

almost all of these “active market makers” are based in China/Asia. many claim to be able to achieve results like RAVE and LAB but few can actually properly deliver

typically these AMMs will either approach projects prior to launch or after launch (if certain conditions can be met). but scammy projects also look to approach them

the deal is usually that the AMM will put up the capital needed to push the token to the insane highs you see, and in return for the project letting the AMM “crime” their token they split whatever the profits are once the crime is complete

so how does the crime work and how do the people involve profit?

the first thing you’ll notice is that all these tokens have perp listings (usually binance perps) but very few spot listings

this is intentional. the first major requirement for this crime to happen is absolute control of the spot supply of the token

by that I mean the team/insiders need to control basically the entirety of the float. RaveDAO for instance, insiders were estimated to control over 98% of the spot supply

this is vital because spot supply that isn’t controlled by insiders can be sold into the spot price being driven up by perps. to help prevent this is another reason why tokens with basically no spot listings or liquidity are chosen. if there is a lot of spot supply ready to be dumped on the AMM then it could bankrupt them, meaning the crime has failed

as it is their capital at risk, AMMs are even asking projects to put them on all the multisigs for the token supply, to ensure that nothing can be dumped while the crime is happening

so once supply is completely controlled then what?

these AMMs don’t just commit the crime from one or two binance accounts. the accounts would likely be frozen instantly. instead they have 1000s of KYC’d accounts which operate in unison to drive the perp price up

because no one has supply to sell, there isn’t any other way to drive the price back down except to short

but this is where they get you

the AMM can squeeze any short placed, as every shorter will have their breaking point. either their own tolerance or a liquidation point. every short that gets liquidated or stopped out is profit for the AMM

add onto the fire that because of huge dislocations between underlying and perp price, you get some insane funding rates. as I write this LAB is -1% an hour shorts pays longs (over 8000% a year). this makes it even harder for shorts to hold their position, plus the AMM is making bank on their long positions funding

BriskCapital is right when he says they wouldn’t have let him win with this size of a short position, especially publicly. his mistake was trying to short it in the first place, which is exactly what the AMMs want you to do. where do you think the 7 figs he lost went to?

then whenever they decide the crime is complete they pull the rug and you see the collapse candle to zero. because they are the only entity holding the bid up, they have complete control over when and how the price collapses (meaning they can also likely join in on the short)

my advice is to not touch these tokens. if you want to feel something just buy a small amount for fun. definitely do not buy anything sizeable, do not make any trades on leverage and DO NOT SHORT

you are trying to compete against an entity that has complete control over where price goes

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@durial Great post. nastiest side of crypto

But this also happens in traditional markets. Look at GME. Just harder to accomplish

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@Evrything_Bagel @vibes_tcg @PSAcard 👀 Any promos

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@ensicrypto @willo2_Poly Bro can’t read an 8k

0iq

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@SlowroastedPoly @willo2_Poly Can you not read? Jfc

[CryptoNic🍯 (,,ﾟДﾟ) @thecryptonic]

@MackyBTC @Flowslikeosmo His lack of response should tell you..

…But bc he won’t I will. 4 days ago and still no position. Either a Top buyer or complete larper for clout. Not sure which is worse

[Emperor Osmo 🐂 🎯 @Flowslikeosmo]

$CARDS is the cheapest fee-generating protocol I could find right now.

- $7.66M in fees last 30 days, up 13.8%.
- 100% of that is revenue.
- No supply side split, no fee sharing.

Every dollar earned stays in the ecosystem.

Currently trading at $45M market cap. 0.5x P/S.

Uniswap trades at 124x that multiple.

Hyperliquid trades at 42x that multiple.

The market has not priced this.

The TCG market is one of the largest collectibles verticals in the world, and it has barely touched onchain infrastructure.

This is not a project that uses cards.

It is a trading card marketplace that happens to be onchain.

The TAM is completely different from how most people are framing it.

At some point, the valuation gap between what @Collector_Crypt generates and what the market thinks it's worth has to close.

(No position yet, just doing dd)