I appreciate everyone who supports what we do for TON and the community. We aren’t perfect, but we always build with integrity and stay for what we do. Yesterday, today and tomorrow. Those who know what it takes, understand how important it is to see your «thank you» 💛.

RT @EbalangaX: @takoy_sasha let's play 😏

this time it wont be farming. you need to play and win . or think and act.

step by step @playnotgames is gonna become like steam for telegram, and you probably have some goods in your profile already

Not sure many people understand the outcome from TON treasury company going to NASDAQ. small example: @saylor casually talks on FOX about innovation in crypto: TON, Telegram and fast transactions for billion users

Memecoins won't make TON great, no advantage. what makes TON great? Telegram use cases. With gifts, stickers, games, tools and other TG real treasures, where the f you see memecoins 🤯. To make TON great, study Telegram first🤷. it's all there already.always has been 🔫.

Still here's a natural human desire to buy and hold something, watching it grow — that doesn't go away. Bitcoin (gold 2.0) and tokenized stocks appear to be a good solution to the tokens' entropia. But there are probably more solutions 👀.

Utility tokens are mostly tied to Web3 use cases. DEX shares fees with token holders, then when the market dips, demand for the token falls at the same time as trading volumes on the DEX — which means rewards for holders drop too. It's a death loop that kills most of them.

But tokens aren't stocks. Tokens are too easy to copy — anyone can launch $SPX420000 tomorrow, airdrop tokens to influencers, and convince people that this is the one to "believe in something." . That wouldn't work with the S&P 500. Or TSLA, or APPL. The number of companies that.

Part of the problem with crypto lies in traders' habits. Technical analysis, fundamentals, utility — all of this inherited from the stock market. Communities, traders, and VCs all intuitively treat tokens like company stocks. People just want to buy a token like Apple stock in.

The key learning from the dotcoms crash: tech stocks started reflect the real value more accurately after that. And the industry itself continued to grow. This thread is optimistic, in a way.

Btw look at the historical NASDAQ chart. If we compare crypto to the dotcom era, maybe we're not on the verge of a collapse — we're already past it, and everyone can see it in the prices of alts in their bags

Altseason is not a law of nature. it's more like a lucky coincidence. low supply, new traders and a massive concentrated moves of the magic internet money from btc to eth, from eth to erc20, from L1 to L2, etc. until it has diluted.

Altseasons or bullruns for the entire crypto market probably won't happen again (in a way it was). Never. Ever. Press F 🫡 for everyone waiting with their bags of all kind of alts.

New tickers are being printed on a crazy scale, and pumpfun with memes just amplifying that growth. And as long as you can launch a token and earn $100, there will be plenty of people willing to do it, all while convincing everyone that their community vibes better than others.

Since 2018, crypto mcap has grown ~5 times. The number of tokens? ~170 times 🤯. Token had 100 competitors in 2018, today they're fighting with 3.5K other tickers for user attention. Remove BTC, ETH and stables — alts have the same liquidity as in 2021. There's no money there 🤷.

Tokens are designed to be bad investments. All tokens, across the entire crypto space ¯\_(ツ)_/¯. And it's not about ecosystems, traders or projects — it's about the macroeconomics of crypto itself. Let's dive in:

RT @stickers_tg: 🇺🇸 🦅 🔥.

signal vs noise.