🐋 Capital is voting with its feet:
“Surf launches SurfBoard, an RWA yield-bearing NFT that brings tokenized U.S. stocks into NFT yield distribution. Its reveal rate was nearly 30% on launch day.”
After the news broke, I only asked three money-related questions:
1. Which way are aggressive buys and sells leaning?
2. Has trading volume for $ETH (24h: $1.212 billion) increased noticeably?
3. Have there been any large on-chain transfers to exchanges?
Only if all three point in the same direction can the news be considered validated by capital; otherwise, it’s probably just noise.
The more often similar news appears, the smaller its actual impact.
#ETH
Not a trading signal.
“Surf launches SurfBoard, an RWA yield-bearing NFT that brings tokenized U.S. stocks into NFT yield distribution. Its reveal rate was nearly 30% on launch day.”
After the news broke, I only asked three money-related questions:
1. Which way are aggressive buys and sells leaning?
2. Has trading volume for $ETH (24h: $1.212 billion) increased noticeably?
3. Have there been any large on-chain transfers to exchanges?
Only if all three point in the same direction can the news be considered validated by capital; otherwise, it’s probably just noise.
The more often similar news appears, the smaller its actual impact.
#ETH
Not a trading signal.