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So $PI is currently trading at $0.9, down 30% on the day after listing
Currently market cap based on 5bn token supply = $4.5bn
With FDV = $90bn
Thats super wild for a token that has no utility other than "mining" via mobile app
This screams $ICP 2.0 which benefits team and insiders only. If you got free tokens, congrats
But don't buy this. In a few weeks, $PI will trade below $0.1 and then $0.01 till it slowly fades off
You're free to disagree, we'll come back to this in a few months
Currently market cap based on 5bn token supply = $4.5bn
With FDV = $90bn
Thats super wild for a token that has no utility other than "mining" via mobile app
This screams $ICP 2.0 which benefits team and insiders only. If you got free tokens, congrats
But don't buy this. In a few weeks, $PI will trade below $0.1 and then $0.01 till it slowly fades off
You're free to disagree, we'll come back to this in a few months
How on earth is Binance guilty of drug trafficking? Where's the connection? Isn't this weird?
Phantom Wallet raises $150m, leading to a valuation of $3bn! This new raise will definitely fuel speculation of an upcoming airdrop
What do you think?
What do you think?
Volume on HyperLiquid surpassed $15 billion over a 24 hour period. This includes both volume on spot and derivatives
According to available information, the futures/derivatives volume was 8% of that of Binance and 20% of ByBit
This shows how much growth on-chain trading is seeing in recent times
#Seitastic
According to available information, the futures/derivatives volume was 8% of that of Binance and 20% of ByBit
This shows how much growth on-chain trading is seeing in recent times
#Seitastic
If you're a video content creator, you need to see this. $250,000 up for grabs from @Sei $SEI
You will need to create contents in any of the following categories
🔸 Live streaming
🔸 Product Demos
🔸 Long-From Video Content (X, Youtube, Vimeo, )
🔸 Short-Form Short Content (X, TikTok, YouTube Shorts, Reels)
Funds will be distributed based on @Gitcoin matching pool standards
#Seitastic
You will need to create contents in any of the following categories
🔸 Live streaming
🔸 Product Demos
🔸 Long-From Video Content (X, Youtube, Vimeo, )
🔸 Short-Form Short Content (X, TikTok, YouTube Shorts, Reels)
Funds will be distributed based on @Gitcoin matching pool standards
#Seitastic
While there are widespread reports of the US Government selling all of their BTC, it turns out that the assets are still there and untouched
So why is the market dumping? 3 reasons remains clear
1: There's an imbalance around $90k, a wick that was left behind a few weeks ago
2: As a result of 1 above, market makers will move price to that point using any available news. And that's the rumour of the US Government selling Bitcoins following the approval from the DOJ. This is the power of FUD at its finest
3: All is actually not FUD. While the US government wasn't selling Bitcoins, someone else was. And that's BlackRock!
Those are the three reasons that came to mind. If you like the content I share, please follow @Seitastic for more of them
Feel free to share your market thoughts and analysis too
#Seitastic
So why is the market dumping? 3 reasons remains clear
1: There's an imbalance around $90k, a wick that was left behind a few weeks ago
2: As a result of 1 above, market makers will move price to that point using any available news. And that's the rumour of the US Government selling Bitcoins following the approval from the DOJ. This is the power of FUD at its finest
3: All is actually not FUD. While the US government wasn't selling Bitcoins, someone else was. And that's BlackRock!
Those are the three reasons that came to mind. If you like the content I share, please follow @Seitastic for more of them
Feel free to share your market thoughts and analysis too
#Seitastic
According to @Arkham BlackRock is selling $BTC which has led to further sell on the Bitcoin price
If Arkham is tweeting this, then it's the truth. And you fear how bad things can turn especially after the DOJ approved a $6.5 billion sell on Bitcoins from Silk Road
Will BTC hold the $90k support or will price go lower? What do you think?
#Seitastic
If Arkham is tweeting this, then it's the truth. And you fear how bad things can turn especially after the DOJ approved a $6.5 billion sell on Bitcoins from Silk Road
Will BTC hold the $90k support or will price go lower? What do you think?
#Seitastic
This guy said not to buy #LLM at $400k market cap. The price rose 225x to $90m
If he invested $200 at the time, he'd have made $45k
But he did have something of concern to share, but the market had a different idea
He was right but didn't make any money and remains in the trenches with us
How do you think he'll be feeling right now?
If he invested $200 at the time, he'd have made $45k
But he did have something of concern to share, but the market had a different idea
He was right but didn't make any money and remains in the trenches with us
How do you think he'll be feeling right now?
How bad is your portfolio right now? Did you secure some profits before this recent pull back, or you didn't see this coming and you're mow under water?
When Bitcoin crossed $100k 2 days ago, a lot of people were getting excited, probably top excited, without paying attention to the charts. The chart? Yes. If you look at the data, it was clear that a range was formed between $100k - $90k. And this will only be invalidated when we either break and close below 90k or above 100k with strong volume and momentum.
But this recent move wasn't that. Even though Bitcoin Dominance reduced while Bitcoin was going up, only a few alt coins made people gains.
Now Bitcoin is closer to 90l while most alts have dropped 15-20%. Is this now the time to sell? There's no easy yes or no answer to that question.
If you've been in spot, it's better to just hold as we may already have a local bottom. If you're sidelined, now's a good time to DCA in to get some exposure
Whatever the case this #CryptoMarketDip is healthy for the market especially as there have been too many coins launched lately
When Bitcoin crossed $100k 2 days ago, a lot of people were getting excited, probably top excited, without paying attention to the charts. The chart? Yes. If you look at the data, it was clear that a range was formed between $100k - $90k. And this will only be invalidated when we either break and close below 90k or above 100k with strong volume and momentum.
But this recent move wasn't that. Even though Bitcoin Dominance reduced while Bitcoin was going up, only a few alt coins made people gains.
Now Bitcoin is closer to 90l while most alts have dropped 15-20%. Is this now the time to sell? There's no easy yes or no answer to that question.
If you've been in spot, it's better to just hold as we may already have a local bottom. If you're sidelined, now's a good time to DCA in to get some exposure
Whatever the case this #CryptoMarketDip is healthy for the market especially as there have been too many coins launched lately
After just 221 days, Bancor's Arb Fast Lane bot zooms past $30M in trading volume, fueling over $30K in profits for callers! 🚀
For context: It’s second only to Ethereum among chains, outperforming Base, Fantom, and others.
#Seitastic
For context: It’s second only to Ethereum among chains, outperforming Base, Fantom, and others.
#Seitastic
GameFi + AI Agets? No problem
GPTWars will let you train agents to earn their upcoming token. They will be live on @Sei this January
#AIMarketCapDip
GPTWars will let you train agents to earn their upcoming token. They will be live on @Sei this January
#AIMarketCapDip
Just a few months ago, news of US Government moving #bitcoin☀️ from Silk Road would have nuked the market
It's been almost 20 minutes since almost $2 Billion was moved to a new wallet and $BTC is trading like it doesn't care
How much sentiment has changed
Gud times
🔴💨
It's been almost 20 minutes since almost $2 Billion was moved to a new wallet and $BTC is trading like it doesn't care
How much sentiment has changed
Gud times
🔴💨
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