451246
Fey

@feydefi #451246

Investing in the morning | $Degen at Night
20 Follower 23 Following
Makenowmeme Now Allows Anyone to Launch Memecoins Directly from a Tweet on X

Source: https://x.com/makenowmeme/status/1818564678815302148
Solana Stablecoin volume flattened after Jump got probed by the CFTC.

The same Jump that cause the collapse of FTX and Terra and made billions shorting them down?

Are you telling me that Jump was scam earning all the MEV sandwich bot revenue on SOL?

Or that they artificially pumped volumes and txs to dump memes on us and sell SOL as the king of this run?

The same SOL with 150m plus in negative revenue per month cause of token emissions to sustain low fees that will jump quickly to 4-40$ per txs when inflation will reduce?

I would have never imagined
VCs are your top and bottom indicator.

Fuck the rest
Are polymarket and pump.fun the only web3 products with PMF from this cycle?

It is pretty sad.
The next wonderland?
Nansen vs Arkham?
Meme of the day $miggles
From Fear to almost Greed in a week.

It doesn’t feel completely right.
On-chain Summer but we are halfway through and I ve been swimming in Red Oceans only.

I thought I would cruise on a Yatch already by now.
An opportunity that comes only once within bull cycle

This is on-chain data that shows how high the profits earned by miners are.

This indicator is generally good for finding the bottom of a bear market, but it is also good for anticipating the end of a correction period within a bull market.

The red circled areas are cases where miners' profitability decreases rapidly in a bull cycle and this indicator plummets.

This indicator fell significantly during the bull cycle in 2016 and 2020, followed by the beginning of Bitcoin's strong rise.

in 2024 Currently, similar movements has been detected. Although the exact end of the adjustment period is difficult to be certain, it can be expected that it is not far away.

It is likely that we will see the start of an bull rally within the 3rd quarter of 2024.
Check your $DEGEN Stats. Frame by @nikolaiii. If you like this frame, send him a tip.
2 questions thread:

1) what happens when the whole $degen supply is tipped/airdropped?

2) isn’t degen gonna end up like $bat, the brave token, aka selling pressure too high for token price to move?
I'm taking $onchain pill


利润

ancient chinese proverb