mcSleuth

some rambling on $HYPE from someone who doesn't have a pos in it:
it would be amusing if the whole idea of the token buybacks was to prop up the price of the token so that when the unlocks come they can sell for a favorable price
craft a narrative that the team is never gonna sell, they are angels that exist purely to drive value to holders who have done nothing besides press the buy button
they have spent ~$800M in buybacks and have ~8B of core contributor $HYPE tokens being unlocked over the next 2 years
spend $800M (+ whatever buybacks will occur over the next 2 years) to sell their tokens

i know this is stating the obvious but im looking at charts of altcoins and they all look unfathomably ruined
especially if you look at some of the older tokens
if you were a holder of any altcoin (outside of a very small few) you have been ruined this cycle
crypto participants as a collective have agreed that alts are worthless and purely exist to sell at a profit to the next idiot
the believer culture that led alts to sky high valuations in 2021 has been obliterated, this is detrimental and something which cant really be reversed
each time someone on CT mentions this (something about taking

i would not recommend trying to buy the $jesse token at launch, it will most likely get sniped heavily and if you are trying to buy manually you will get ruined
capital preservation is key, especially in downtrends
jesse trying to launch this token publicly gives good publicity/attention to zora but almost guarantees that 99% of people buying at launch will get rekted

Buying some coins here (spot), will add more once the market opens
Mostly $BTC, and then some rev coins like $UNI $PUMP $HYPE (maybe $MET) seems like a good bet

betting on a q4 blow off top and we get a repeat of base szn again in nov-early jan like we did at the end of 2024
i dont think theres a need to overcomplicate it

absolute carnage in the markets today, hope none of you guys got caught out too bad
either way its a good reminder as to why you should never use leverage
personally i was quite exposed to the market but my port was majority btc which saved me quite a bit
as bleak as it may look i think we still have a chance for alt szn in Q4 but there isnt any rush to FOMO in right now, i also think it's still possible we see $ETH 6-7K this year
in terms of alts I have only bought some $MNT and some $ETH, I think reputable exchange coins have some of the lowest downside risk compared to regular alts, especi

looks like they are giving us more time to acquire the only serious competitor to $AERO on base
$137M volume and $13M TVL in 2 weeks
i dont see how majority of volume on base doesnt flow through this dex considering it gives the best rates

$HYDX is still only $21M
many people these days underestimate the power of a flywheel and sell too early
i don't think its a good idea to make that mistake

update on $XPL:
still holding alot of my pos (unfortunately), 4h chart looks like AIDs but luckily my avg purchase price wasn't too high
either way, this is why we spot at chill, absolutely 0 reason to use leverage
i think a big reason for this dump was MM shenanigans + obvious dumping from investors up 20X
still deciding on whether to cut or not but crypto market wide nuke + bleed the entire day should give a relatively high chance of the bottom occuring
95c bottom has absolutely wiped out all the tourists, especially those using leverage
betting on this 4h candle to close green otherwise i m

It's obvious we currently have a DEX perp meta.
First big one was $HYPE, most recent was $ASTER and I think the next one is the TRX one
$ASTER is currently $800M circ and 8B FDV
It's rumored that the $SUN token will be used for the next TRX perp dex, and the token is currently at $500M
With all that in mind I think $AVNT is currently quite undervalued at $286M which is nearly 50% the marketcap of the TRX perp dex and nearly 25% the marketcap of the BNB one
I think it's likely we see a new ATH on it if the current chart structure holds up
The hyperliquid of base should definitely be valued clos

loading up on some virtual agents and #virtual coin on this dip
virtual has been underperforming for far too long, it should mean revert at some point and the new virtual genesis update makes way for much larger and bigger launches
not to mention that old and new virtual agents have been doing quite well recently ( $ROOM for example)

Incredible how so much of CT are only finding out about Zora now, and just now calling for base season
We’ve had base season for the past 3-4 weeks if you were following the right people

incredible how $ETH cleared $4,000, up ~3X from the April lows and I'm seeing so little euphoria in group chats
everyone is sidelined, chasing betas and still refuse to buy ETH
of course there are some shitcoins that are outperforming, but with size 99% of eth betas are underperforming
this isn't alt season, its ETH season
so much higher

If $ETH has a million fans, then I am one of them. If ETH has ten fans, then I am one of them. If ETH has only one fan then that is me. If ETH has no fans, then that means I am no longer on earth. If the world is against ETH, then I am against the world.

Zora zupercycle