enesonchain

confession, i always said the real test for $HYPE was whether korean retail would ever get easy access to it upbit flipped that switch today, hype now trades against the won, btc and usdt what i like, deposits and withdrawals only run through hyperevm, so every korean user moving coins in or out touches the chain itself upbit even set its opening trade limits off coinmarketcap pricing, thats how mainstream this thing got hyperliquid was never built around a cex, and now the biggest exchange in korea is plugging into its rails i trade perps there most days, more onramps feeding the same chain is what i want to see bullish or meh ?

hot take, the most bullish thing for $HYPE this week isnt coming from hyperliquid itself, its kinetiq shipping a whole chain on top of it elysium went live today, an arbitrum based l2 that settles to hyperevm the part i care about is gas, its paid in hype, bridged one to one with no wrapper hyperevm was built to keep hypercore fast, so apps never had much room, this gives them room without leaving the ecosystem an upgrade expected within weeks should let apps read prices and send orders straight to the hypercore books i trade perps there most days, more apps paying hype for blockspace is the kind of demand i like using it or waiting ?

the word that sold me on $NIGHT isnt privacy, its disclosure most privacy coins hide everything, which is exactly why exchanges and regulators keep running from them midnight goes the other way with selective disclosure, apps keep data private but can still prove what a business or regulator needs to see it uses zk proofs and a public and private ledger side by side, developed by charles hoskinson of cardano fame roadmap also has zswap, a privacy preserving exchange, which id love to see live if privacy ever goes mainstream tbh it looks more like this than a fully dark coin private or compliant ?

forget the politics for a sec, the part of $WLFI id actually track is the stablecoin sitting next to it world liberty runs usd1, a dollar backed stable live on ethereum, bnb chain, solana and tron reserves are held by bitgo and they say its checked by independent audits, which is the bare minimum i want from any stable the wlfi token itself is governance, voting on upgrades, incentives and where the ecosystem expands so the token only really matters if usd1 keeps growing its share only about a third of supply is circulating tho, keep that in mind usd1 or usdc ?

how many people trading $BTT today actually remember using the bittorrent client back in the day ? thats the wild part of this coin for me, the brand is from 2001, way older than crypto itself bram cohen built the p2p protocol, then tron bought the company and launched btt on its own chain so the token is basically justin sun bolting incentives onto what bittorrent calls the largest decentralized p2p protocol out there i like that theres a real product underneath, most coins dont have that tbh but the supply is massive, so dont expect it to move like a small cap used it or never ?

arbitrum the chain and $ARB the token feel like two completely different stories to me the chain is one of the main ethereum l2s, using optimistic rollups so stuff gets cheaper and faster than mainnet the token though is pure governance, you vote on upgrades, treasury spending and who sits on the security council that gap is literally why it trades so far under its old high while the tech side kept shipping good news is cmc shows almost all of the supply already unlocked, so the dilution overhang is mostly behind it stylus letting devs build in rust and c++ is the part id actually watch using it or just holding ?

spent a few minutes on the $PEPE holder page tonight and the spread surprised me more than the chart cmc shows around 600k wallets holding it on ethereum, which is a huge base for a frog meme the catch is the biggest addresses still sit on a big chunk of supply, and a few of them look like exchange wallets a small slice is even parked in the dead burn address, which fits the deflationary pitch it launched with still openly no utility, still no tax on trades, still the same matt furie tribute tbh i like a wide holder base more than any roadmap, just know a handful of whales can still swing it checked yours or nah ?

two things crypto never really fixed, paying for stuff and proving you paid, and $PIEVERSE is going after both pieverse calls itself an agent native payment stack, running on what they call x402b rails the idea is onchain invoices, receipts and checks you can actually verify later sounds boring but thats the part accountants and tax people care about, and it matters way more once ai agents start paying each other it lives on bnb chain and ethereum and launched about a year ago through a binance wallet ido only around 30% of supply is circulating tho, so unlocks are part of the story imo real or hype ?

ngl most of ct still treats $XRP like a lawsuit ticker, not a payments rail the bridge asset idea is what actually sold me on it you flip into xrp, move it across in a few seconds, flip out the other side, no fat bank accounts sitting idle in every country waiting for settlement cmc frames the ledger around payments, tokenization, defi, cbdcs and stablecoins now, not just one remittance meme ledger has been closing since 2012 and fees stay so tiny most people never notice them i keep mine as a boring payments bag and add slowly when its quiet lawsuit coin or payments rail ?

funny thing, the company that owns the nyse just signed a deal to build on the same chain where i do most of my perp trades, $HYPE ice and trade xyz want to bring hyperliquid based perp markets onshore in the us, kyc compliant, still waiting on regulator approval ice is also putting money into trade xyz, so this isnt just a logo on a slide what i like is hyperliquid itself isnt the one running a us service, the builders on top carry the kyc and the rules tbh thats the clean way to do it, the chain stays permissionless and the regulated stuff lives one layer up nothing is approved yet so im not calling it done, but tradfi coming to you hits different than you begging tradfi still trading on it daily bullish or meh ?

funny how the bot that spits out new base tokens all day has a coin of its own too, $CLANKER cmc files it under ai agents and even gives it a whole clanker ecosystem category, so its basically the parent of a family of base launches the supply is what i like, max supply is tiny and nearly all of it is already circulating, so no unlock cliff hanging over holders the chart is the hard part, it peaked a few days after listing and still sits more than 90% under that tbh one strong week doesnt change that for me yet it also sits in the binance alpha bucket, which keeps fresh eyes coming imo launchpad tokens only hold value if the launches keep happening aped or skipped ?

most rwa updates i scroll past, but the one $ONDO shipped yesterday is the kind of boring thing i actually care about usdy now prices continuously instead of once a day so yield literally accrues every second, weekends and holidays included, and eligible holders outside the us can mint and redeem 24/7 sounds small but its the difference between a treasury product you park money in for weeks and one you can use for a few hours of idle cash thats the bar for rwa tokens in general imo not another tokenized wrapper with a nice dashboard, but stuff that works like crypto: always on, composable, no waiting for a bank to open on monday most rwa coins are still selling the narrative tbh, the ones that survive will be the ones apps quietly plug into still holding mine parking cash in usdy or nah ?

most people argue about $XRP like its a sports team, i honestly just find the ledger itself kind of underrated one thing nobody talks about, every transaction on the xrp ledger destroys a tiny bit of xrp as the fee, nobody collects it, its just gone no miners, no staking yield, validators run consensus without getting paid in the token weird design if you think about it, the people securing the chain have zero token reward for doing it imo thats why it feels more like plumbing than a bet, and plumbing never trends on ct not telling anyone to ape, im just watching how the payments side plays out from here would you run a validator for free ?

confession, i stopped paying attention to $RAY after the first solana summer and i think i wrote it off too early raydium has been the amm on solana since basically the start, and it still sits in the top 100 on cmc what i like is the token actually does something, you stake ray to earn a share of protocol fees and vote on governance cmc shows the market cap sitting under the protocols tvl, which feels cheap for a dex this central to the chain the catch is supply, only about half of the max supply is circulating, so dilution is still part of the story and the chart is nowhere near the old high, so the early bagholders havent forgotten tbh i like it more as a bet on solana activity than as a hype trade used it or nah ?

anyone else more interested in what $ZEC than in the candle today ? zcash has its nu7 upgrade landing, and the headline is blocks getting about three times faster the part i like is that it speeds things up without printing more zec, supply stays the same funny timing too, the grants group just pulled its plan to move a chunk of zec to miners after the community pushed back tbh that kind of pushback is a good sign for an old chain like this, people still care how its run privacy coins usually catch a bid when people get nervous about tracking, and faster private payments only helps that case i still wouldnt chase it right before the upgrade, these things often sell the news holding or waiting ?

charles hoskinson building a privacy chain was not on my bingo card, but $NIGHT is honestly more interesting than i expected midnight uses zero knowledge proofs so apps can keep user and business data private and still prove what they need to the clever bit is the two token setup, night is the utility token and dust is a shielded resource that pays for private transactions dust decays and cant be transferred, so its not just another privacy coin people flip around contracts are written in typescript, which imo matters more than people think for getting normal devs in the ugly part is the chart, its still miles under the high it printed right after listing last december in or skip ?

whoever is still holding $SENSO from the metaverse run has more patience than me sensorium galaxy is a social vr platform where artists and entertainment partners put on events, and senso is the currency for everything inside it the idea was never bad tbh, going to a virtual concert with your friends is something people actually enjoy the timing was brutal tho, it peaked right at the height of metaverse mania in late 2021 and has been grinding lower ever since it printed its all time low only about a year ago and still trades not far from it cmc lists it in the dwf labs portfolio, so theres some backing, but only around a tenth of max supply is circulating imo vr needs a killer app before tokens like this matter again holding or gone ?

most depin coins pitch a future, $ICNT pitches something way more boring, actual cloud customers impossible cloud network does storage, compute and networking on a community owned network, and its s3 compatible so normal companies can plug in without rewriting anything their cmc page claims over a thousand enterprise clients already paying, which is rare for a depin token the chart has been on a tear this month, bouncing hard off a low it only made in september still way under the high it printed right after launch tho, so early buyers are probably still underwater supply is my worry, only around a third of max is circulating, so unlocks will keep testing holders imo real revenue is the only depin story worth sitting through that holding or fading ?

confession, i spend way too much time scanning robinhood chain tokens and $PONS is the one that keeps showing up cmc files it under launchpad and puts it in both the robinhood ecosystem and binance alpha buckets, which is a rare combo the part i actually like is the supply, everything is already circulating so theres no unlock cliff waiting for holders the part i dont like is the chart, its been bleeding all week and still sits way under its september high volume is still big for its size tho, people are clearly trading it every day imo robinhood chain needs a few coins that survive past the hype phase, this could be one of them watching or buying ?

boring. thats my whole review of $CUSD and i honestly mean it as a compliment celo dollar has been listed on cmc since 2020 and its tagged as both an algorithmic and an asset backed stablecoin, which kinda tells you how the design evolved daily volume is tiny next to its market cap, so most of it is sitting in wallets and pools instead of getting flipped the deepest pool cmc shows is against usdt on celo, so its basically the dollar rail for that ecosystem the early days were messy tho, the chart has a wick way above a dollar and a low way under it, thin liquidity does weird things these days it just sits on its peg, which is literally the whole job imo small stables on their own chain are underrated for payments, not for trading ever used it ?