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@EffortCapital
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Sr. Analyst @blockworksres . Im just here so I don’t get fined.
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Major $VET repricing in progress
Major.
Bigger than anything we’ve ever seen before.
$1.80+.
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I’m so over the L2 vs L1 debate (and what constitutes an L2 and what doesn’t).
Literally nobody cares. Nobody even knows the answers to the semantics.
We have enough secure blockspace.
Build a consumer application.
Pls.
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DeFi was supposed to bank the unbanked, but an overwhelming majority of dApps look terrible on mobile devices (which are the major way developing nations consume digital content).
Crypto needs a mobile-first pivot asap.
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dYdX choosing cosmos stack should not be understated. They are leaders in DeFi - literal OGs.
Your favorite CT trader that is bearish on this decision is upset because they have no alpha on Cosmos eco and regurgitate the same narratives they hear elsewhere.
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You’re bullish on Optimism, Arbitrum, Scroll, Linea, BASE, and ZKSync.
I’m bullish on Celestia, dydx v4, Osmosis, Penumbra, Polymer, Stride, Neutron, Duality, Sommelier, and more.
We are not the same.
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A big company is going to announce $ETH on their balance sheet soon.
A big government is going to announce $VET will power a portion of their digital economy soon.
Do you see anon?
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It’s literally going to come down to:
Ethereum
Cosmos
Avalanche
If you don’t understand that, I don’t have time to explain it to you.
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The best AVS’/appchains (whatever you want to call them) historically, and will continued to be, built with the Cosmos SDK.
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I dont think I own enough $VET.
I need to do something about that.
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Cosmos: "I'd rather be right than make money."
Ethereum: "I'd rather make money than be the first."
Solana: "I'd rather be heads down building."
Avalanche: "Have you heard of subnets?"
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Theres people in this world that are slaving away, making minimum wage, working 2 jobs to pay for their mortgage, food for their kids, etc
Then there is people like us clicking buttons making millions and mostly providing no real value to society
Give back. Be charitable. $VET
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Watching Avi work is like MJ in his prime rn.
Guy is a straight killer. No remorse for the protocols and their token holders.
I’m here for it.
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Max pain is VET outperforming AVAX, SOL, LUNA, and ADA for the next 3-6 months
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$VET to 0.19 this week seems reasonable. Some might say it’s bearish.
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Cosmos ecosystem is starting to have some fun again.
Remember gents, this was the ecosystem that created Terra.
Cosmos is the most creative-schizo community in crypto with deep cypherpunk ethos.
Don’t fade it.
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China accepting crypto
Large US client
Coinbase listing
1M tx/day client(s)
Carbon credits platform
Open Finance/defi solutions
These are all catalyst events that could drive $VET to $1 - $3 this cycle. In addition to good ol’ fashioned $VTHO burn > generation
It’s still early
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UBS crypto report first paragraph calling out recent $ATOM outperformance.
Institutions will be venturing into the Cosmos in a big way over the next 12-24 months.
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New COIN demand is due to overflow from capital allocators no longer willing to buy GBTC at a sub-10% discount to NAV.
GBTC is a BTC ETF.
COIN is a Crypto ETF.
Few.
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Deep down in my soul, I know that $VET will hit $100B+ this cycle.
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The true $VET bull run is so close I can taste the salt water splashing off the side of my yacht
#vechain
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There are no memes, words, shitposts I could say right now that would articulate what I feel right now
3.5 years worth of DCAing, research, internally debating whether or not I bet on the right horse, etc
All worth it. This is the beginning of the rest of our lives
$VET
#vefam
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IBC did $100M in volume today.
More than:
Arbitrum bridge
+
Stargate
+
Polygon bridge
Combined.
Does Cosmos need to improve? Yes.
But there is no second best.
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tokemak was literally one of the biggest and not talked enough about scams of this previous cycle
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China bans crypto for the tenth time
Weird. Fortune 1’s (Walmart) Chinese subsidiary seems to still be using
#VeChain
’s public blockchain powered by $VET and $VTHO to provide E2E traceability
Weird. PwC China and DNV are still pushing VeChain adoption in China
Probably nothing
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Congratulations.
You made it to alt season.
Now dont screw this up.
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god damn it, Im diving deeper into the differences between consensus protocols on a beautiful Sunday.
I guess I really am in it for the tech.
btw. Avalanche really good project.
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20x from here for $VET or I doxx myself eating McDonalds in Q2 2022
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