Large $PLS validator.

Undisclosed
Joined June 2023
My view on the next cycle: Crypto has merged with legacy finance. Today, banks are offering crypto to their customers, exchanges are offering stocks. We have stablecoins, more middlemen, and more regulation. Investors don't care about DeFi anymore. Convenience won. Doing everything within the banking ecosystem is what most wanted, apparently. That's why I think the next cycle will be about privacy, safety, and speed. People will start looking for ways to remove middlemen again. That's where zero-knowledge proof and ProveX come into the picture. People won't use ProveX because of PRVX. They'll use it because it solves a real problem. Most users won't even know PRVX exists at first, or that every transaction triggers the buys and burn function. Only later will they discover they can own a piece of the product via PRVX. To get it, they'll need to bridge stables or WETH to PulseChain, swap on PulseX, and use PLS for gas. Like we all needed ETH during the ICO bubble in 2017. That's why sequencing matters. ProveX adoption brings new users. New users buy PRVX. Traffic flows into PulseChain and benefits PLS, PLSX, INC, and eventually HEX. Buying HEX today hoping for mad gains is like buying the S&P 500 as an investment vehicle to gain exposure to AI. It works, but the results is extremely tempered. Buying PLS and PLSX is like buying the Nasdaq. Buying PRVX is like seed-funding OpenAI and Anthropic when they first started. You're not going to see life-changing gains overnight. We're still in a bear market, BTC and ETH haven't bottomed yet. It's about me looking back at this tweet a year from now, either laughing or crying 🤣 This is not financial advice.
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Some facts: Here is the HEX chart on PulseChain. Mostly sideways action, trending down overall. Every time the OA buys and pumps the price, the community dumps. PulseChain launched in May 2023 after two long years of waiting and a LOT of hype. The SEC news actually came in late July 2023. That's 3 months of price action from the time it launched to the SEC news. Yet the price was already dropping before any legal drama. Even the highly anticipated launch couldn't sustain a rally. --> No legal drama, price did not pump Since then, the price has mostly moved sideways or down, with occasional OA buy backs, quickly sold off by the community. --> OA buy backs, price still made new ATLs Meanwhile, ETH reached $5,000 twice! Including a run from $1,100 to $5,000. PulseChain didn't follow. It actually went lower. --> Waiting for $10,000 ETH? I have bad news... Now RH is in custody. The community still believes it'll be alright, and the price will eventually moon. What years of price action tell us: 1. RH free for years? No sustained rally 2. ETH rallying to an ATH? No sustained rally 3. Crypto bull market? No sustained rally 4. OA buying? No sustained rally 5. OG's are buying the S&P 500 now Personal opinion: I've been following RH since 2017, haven't sold yet, not even HEX at $0.5 (a costly mistake). I'm still here after all the drama, but looking objectively at the price action, I struggle to see what could drive the price significantly higher if I'm being honest. Whether RH gets released or remains in custody, what fundamentally changes? We've had the PulseChain launch, ETH rallies, a crypto bull market, OA buybacks up to $25M at one point. None created a sustained uptrend or new ATHs. The community is still relying on these despite the data showing that these don't do anything to the price. If the game is to catch the bottom and sell on a double, doesn't that make breaking new ATHs even harder? It's just adds more sell pressure at the lows. Yield is gone, and so is the value proposition. Turn yield back on, and we'd probably dump another 99.999999%. It's a chicken & egg problem. We need new adoption, but what's attracting new people? And look at RH getting caught with his pants down in Turkey. Shelves of designer handbags, jewelry, and luxury crap. I thought all that was just rage marketing. Why flee Finland with a container full of Gucci bags? That's where I'm losing faith. The math doesn't math. Black T-shirt in front of the camera, piles of luxury goods conveniently out of frame. I thought it was all a stunt. Analyzing all the data we have today, it's not looking pretty. "It's a stunt from RH, 5D chess to resolve all his legal issues". No it's not 🤣
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PRVX is using the same playbook as eHEX back in the day. I’m seeing way too many similarities between the two. The native token lives on PulseChain this time, not Ethereum. There goes your marketing. "Some thoughts went into this stuff" 🤓
It’s great to see RH coins sustainably printing green candles. This one in particular could quickly turn into a beautiful looking chart. We’re talking new ATHs and price discovery. It’s been a minute since we’ve seen that on PulseChain. Something is cooking.
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It’s great to see RH coins sustainably printing green candles. This one in particular could quickly turn into a beautiful looking chart. We’re talking new ATHs and price discovery. It’s been a minute since we’ve seen that on PulseChain. Something is cooking.
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➡️ ProveX is PulseChain's marketing strategy ➡️ It doesn't have much competition as L1s, DEXs ➡️ It'll amplify all chains (not just ours) ➡️ The reason it exists is on its own ➡️ deca-millions sacrificed > billions ➡️ Chart is lighter, easier to go up youtu.be/HR8ct3tpD4Q?si=-ok2…
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Testing on PulseChain for now. More chains will be added to the list over time.
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Will we see the validator count climb again? 10% APY on your bag, versus 0% Swappers gonna swap... 1:1 ratio
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➡️ PRVX current marketcap: $18M ➡️ TAM for P2P payments: $4.8T If ProveX captures 1% of the market shares, it would be $48B. If it captures only 0.1%, it would be $4.8B. Are you bullish yet?
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PRVX is only 3x away from price discovery 🤫 No resistance after that. No baggage carried over from PulseChain. Only $16M sacrificed and most have already sold. ProveX is RH’s Joker card.
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The PRVX burn function is being battle-tested before the real show begins. I can't wait.
The buy & burn function went live on ProveX beta 🚀
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Pick your RH coin. Okay... now listen: 👉 You get a 10,000x!! 👉 You get a 10,000x too!! 👉 You too!! 👉 EVERYBODY gets a 10,000x!!
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ProveX devs are still cooking while y'all are busy refreshing the HEX chart. 😄 They pushed another update today. I might be imagining it, but it feels like pages are loading faster now. No idea what changed, maybe some caching work? Who knows.
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PRVX is PLSX on steroids. But it'll also drive traffic to PulseChain, which means more PLSX gets burned too. Deflationary coins squared 🚀
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I've always thought that zero-knowledge technology is just a fancy term for going back to crypto's original mission. The past is the future. ProveX + PulseChain is the second best alternative. I'm bullish on crypto for the next cycle. Let's go back to our core values.
Behind the scenes with the EF's zkEVM team. Bringing Zero-Knowledge technology closer to the Ethereum core protocol.
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If crypto is a patience game, deflationary coins are the ones you want to hold. Time works in your favor when supply is shrinking, not when new tokens are constantly being emitted. Price is seasonal, supply dynamics never stop.
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Interestingly, a $136K market buy on PLS doubled the price instantly. PLSX also doubled. HEX and INC did ~20-30%. When there's no money coming in, HEX and INC, being lighter, tend to move first. But those gains are tiny compared to large market-buys on PLS and PLSX. Cool stuff.
$136k dropped into PLS, and was gone just as fast. 🤔
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Note that we saw the same thing when the OA market bought PLSX right after the ProveX sacrifice phase. PLSX instantly doubled, while other cores barely moved
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$136k dropped into PLS, and was gone just as fast. 🤔
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