Because this price sticks to the reality of their weak onchain activity, a low TVL and a still weak or even null Telegram - crypto conversion.
And in a bear market it's the moment when projects simply return to their real value with an undervalued supplement for a short moment to make the weak hands let go :)
Because this price sticks to the reality of their weak onchain activity, a low TVL and a still weak or even null Telegram - crypto conversion.
And in a bear market it's the moment when projects simply return to their real value with an undervalued supplement for a short moment to make the weak hands let go :)
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🚨 Galaxy's Alex Thorn says a likely 4th wave of attacks on COLDCARD wallets is underway with 218 transactions and ~389 $BTC swept. He urges users to move funds off immediately.
⚡️ $BTC 3-month futures basis has trailed 2-year Treasuries since February. 🚨 This is the longest stretch since the 2022-23 cycle low. 👉 I love these patterns that are forming the bottom. #BTC Price Analysis# #Bitcoin
📉 Over 32,000 $BTC sent to exchanges at a loss by short-term holders on August 1st, one of the largest loss-selling events in 30 days, per CryptoQuant's Darkfost. The bottom continues to form, but I'm still waiting for 45-50K
📉 $KAITO at a $1.2B FDV — here's why I'm skeptical 🔍 I dug into the revenues: → The only clearly disclosed large revenue figure to date is $12.45M from listing fees (83 projects × $150k) → No official full ARR has ever been published by the team → That $12.45M was already priced at a ~90-100x multiple on the current FDV… and it's about to disappear 👀 ⚠️ Here's why: Katalyst just killed the fixed $150k listing fee model behind that $12.45M, replacing it with performance-based rewards and no guaranteed floor. The one "hard" revenue number we had is going away, and what replaces it is unproven and harder to forecast. 📊 Result: I took a short position. 🎯 Targets: ▫️ Minimum pullback toward $0.65-0.70 for a more reasonable valuation ▫️ More aggressive target around $0.40-0.50 if the InfoFi narrative cools and unlocks weigh ⚠️ Not financial advice, just my analysis.
$ADA currently trades at ~$8.44B FDV — a valuation that doesn't hold up against the fundamentals, which barely justify $1B. The price-to-utility ratio is completely disconnected from reality. The market will eventually correct it 📉
Pumpfun reportedly laid off employees just two months before they were set to receive millions of dollars worth of $PUMP tokens under their compensation agreements. disgusting