Max
@0xmaxg
Followers
1K
Following
30K
Media
680
Statuses
5K
but this is a developing structural moat for BTC, and it doesn’t imply long-term, second-order effects for alts.
0
0
3
my $0.02. the basis for crypto allocation (dollar debasement hedge) is increasingly perpetual + bipartisan. which is converging with positive changes enabling the largest existing pools of capital to begin allocating.
signs that it could be over:.-eth volume flipped btc volume for like a week straight.-treasury co's ate retail flow that would have come onchain.-people got excited about artblocks again. signs that it could not be over:.-btc vol at atl, liquidity ath, etf flows still dominate
4
0
7
this is likely one of the most common pitfalls traders in crypto experience. a trader buys a coin when its distressed or at launch, holds it through price discovery and then sits on a large upnl. this strategy isn't sustainable in crypto as the bid for tokens tends to trend lower.
@blknoiz06 @maybe_cmeister most crypto traders treat their bags like their own religions and baghold forever. they don't see them as investments they see them as identities . not a good heuristic to have i fell victim to it a few times with NFTs i liked last cycle, swore to never get attached to anything.
2
0
7
the confluence of an exponential bid from the suits and attractive crypto assets from their perspective is emerging. operate within a framework they understand, or quickly fall through the cracks.
*CIRCLE SHARES INDICATED AT $50/$52 VERSUS $31 IPO PRICE.
0
0
5
differences between ecosystems going forward won't be technical distinctions (i.e. performance and privacy). as performance commoditizes, ecosystems will be defined by their philosophical principles . Hyperliquid --> user-centric + revenue-generating protocol that directly.
0
0
7
this is the most likely end-state for token launches . a formalized process will come about with a market structure bill and bring in sell-side banker-esque entities . the missing pieces (i.e. market sounding and book building) that allow for healthy price discovery, will.
@pythianism A crowdfunding pathway in market structure legislation would also give you price discovery.
1
0
7
the people saying there are less people eating out, spending money on clothes etc. have been saying the same thing for years btw.
1
0
6
the market is pricing in the fact that Trump’s promises have been underwhelming . there has been significant progress on the regulatory front, but the structure needed to support the next incremental buyer is lackluster at best . most discourse on alts includes support for tokens.
0
0
6
noticing a concurrent trend this cycle. a peak in new token launches a few weeks ago after the Libra fiasco has prompted investors to desire a return to non-memetic, innovative projects . this requires more diligence and analysis to identify tokens that will appreciate in value.
0
0
8
becoming increasingly convinced that protocol tokens with optimized economics will emerge as winners when the environment improves. taking note of any signs of stabilization during this bleed-out.
0
0
4
the crypto native layer has already internalized onchain crime and how it is a net-negative for the space . (i.e. failed ICOs, pre-sale rugs, luna collapse etc.). but new-comers are just starting to grasp the parabolic upside of token launches . the last few months of.
0
2
3
the new "down only" L1 launches have performed as such because the structure of the token launches weren't built to serve short-sighted traders . they are built to serve a market that is 100x, even 1000x larger over a longer time frame.
0
0
2
no one’s going anywhere trying to bring others down . take the ai arms race taking place globally for instance . Deepseek’s emergence as a competitive OS player has prompted the US to consider making it more difficult for Chinese players to get their hands on chips that they need.
i genuinely hope Hyper EVM launches and is successful with an ecosystem of great apps. i hope the same for monad and mega eth. why would you hope that an entire ecosystem of projects that are trying new things and pushing the space forward fails? . maybe i’m an idealist, but.
1
0
6
defensible moats are near impossible to create in crypto as there is such a small aggregate user count . projects that are able to accomplish this and monetize accordingly will begin to dominate . follow the fundamentals.
1
0
5
a generalized chain is a jack of all trades but a master of none . this why new L1 launches have continued to trend lower . successful applications will be built on top of infrastructure that is optimized to support their functionality.
0
0
4
every first-time crypto user that i've met uses Phantom wallet and swaps on Jupiter or other Solana-based DEXs. and by first-time, i mean "why does market cap matter" level of understanding. its the only experience comparable to applications that aren't onchain . taking a.
0
1
8