bdoN retweeted
End of the year stream starting in 45 minutes (15.00 UK time): Play and explain on the midstakes
Giving away $500 to a person that:
likes, retweets and comments.
Streaming on the following platforms:
Youtube: Thevenividi1993
Twitch: VVV1993
bdoN retweeted
$SYN flipping the script: Forbes 30U30 team reveal shows OpenAI connections
Protocol doing $150k monthly revenue against $21M mcap with $14M treasury backing
bdoN retweeted
Some quick market thoughts and ramblings:
Defi + RWA mid caps stood out to me today.. Things like $SYN and $TOKEN looking strong off backtests.
I'm going to get flamed for this, but have a nagging feeling @SynapseProtocol gets rerated somewhere soon. Former cucked coin, gud tech, and gud tokenomics.
Saw some commentary relating normie appeal of $XRP is due to its "seriousness" and can see a correlation of that to RWA.
#VIRTUALS with a very decisive move hitting close to 2B. There's clear mindshare and dominance here, especially with $AIXBT leading the charge and other utility alpha agents all in its eco.
I like @TopHat_One and others too, but @virtuals_io's current dominance feels like OpenSea in '20/21.
Meanwhile, $TAO with a strong move today gapping up sector with "older" AI-related plays moving. There's some gold if you dig into AI plays from 2023 (low and mid) that could be perceived as "value" plays with an early mover's advantage.
The chart below is $WIF... Surprised at the disdain for it given how dominant it was in Q4 2023. Post-Coinbase and Robinhood listing and having had a strong backtest, I think this surprises a lot of people soon.
@WazzCrypto published a great tweet today reasoning that "muscle memory" will make everyone rush in again due to attention economy,
I suspect @dogwifcoin gaining momentum can signal a broader shift back to other major memes whilst AI agents can cool off and chopsolidate.
So with WIF.. Slowly, then all at once, IMO.
Even with liquidity expansion, there's a reason to think it goes memes > AI > boomer coins > memes > AI > DeFi > memes > AI > memes this cycle if the current state is any indication, but we keep paying attention to BTC.D, ETHBTC, OTHERS and TOTAL to get a good barometer on the flows to alts.
Not sure if these are helpful at all, just some general ramblings not big enough to constitute separate tweets.
bdoN retweeted
$SYN protocol already processes 90% of bridge volume through RFQ system
cutting 2.6M tokens from emissions this year after system adoption
bdoN retweeted
Worried about L2 fragmentation? Think Ethereum is doomed?
Have you ever tried or looked into....
Across
Jumper
Stargate
Synapse
Elastic Chain
AggLayer
Hyperlane
Superchain
Metalayer
Orbit
IBC
LiFi
Wormhole
Union
Astria
Initia
Catalyst
Everclear
LayerZero
Aligned
Avail
Omni
Espresso
Everclear
Nodekit
Radius
Particle
Axelar
Skip
...or not?
All of these teams are working diligently to solve the UX issue and provide lightning fast interoperability for the modular ecosystem.
Let's not be upset, rather let's encourage the community to align on most important part of the next 18 months:
Unification and collaboration to create a set of interoperability standards which utilizes the best parts of the tech mentioned above, in collaboration with others.
We must put individual interests aside for the broader community in this moment.
It starts at Devcon.
bdoN retweeted
You load up DeFi Kingdoms just to vibe to the background music
bdoN retweeted
you know the funny part about this is this is actually likely a good buy now
This quoted post is unavailable.
bdoN retweeted
VIP games/WSOP tournaments stream on youtube and twitch in roughly one hour 17.00 UK time
Giving away 5% of my winnings to anyone that: likes, comments and retweets.
Winner of the last giveaway ($663): @rufusftw
bdoN retweeted
ETHEREUM
So many dumb takes on the timeline. Especially the Solana vs Ethereum debate is tiresome. You can hold both, you know. They serve different purposes.
These are the Ethereum ETF flows. Let me spell things out for you.
Ethereum through the eyes of tradfi:
⭐ Undisputed #2 crypto-currency
⭐ More reflexive asset than BTC but decent liq
⭐ ETH successfully securing the biggest network
⭐ Battletested for 10 years
⭐ Flawless execution of big upgrades (e.g. Merge)
⭐ Deflationary tokenomics with built-in APY
They don't give a fuck about the specific technicalities of aping on the chain.
At some point, the overhang of these short time frame events is going to be over. ETHE is not infinite, Jump holdings are not infinite.
What is infinite however, is the amount of money printed which does not generally find their way to Solana degens, but to wealthy people and institutions.
Day after day, month after month, a portion of people will be buying $BTC or $ETH by allocating a % of their 401k to these assets.
Solana however, is not shit. It has its usecase. It's retails favourite, especially in a generally dry liquidity situation.
Solana will do well, but it does not have the tailwind of ETH in the long run. Blackrock's CIO literally said: “We really look at the investability – what meets the criteria, what meets the bar to be delivered in an ETF.”. Next to that, she indicates they listen to their customers and their demand. So, for Solana we chalk up:
💡 Huge retail demand
💡 Supply overhang FTX postponed (locked $SOL)
💡 Big investors bought locked $SOL OTC
💡 15% inflation/year
💡 Not as attractive an asset as BTC/ETH for tradfi
💡 No BlackRock ETF soon
Solana has the tailwind on the short term, due to the postponed supply overhang that Ethereum has (ETHE, Jump, Mt. Gox) but what do you think happens when that overhang is cleared?
Steady inflows, low inflation, existing good infrastructure.
I hear people say; there's no volume on Ethereum. Indeed, but what do you think happens when Ethereum rises in price?
Volume follows price, it's a reinforcing loop. When ETH regains bullish momentum, I can't see a situation where Ethereum as a chain doesn't come back in full force.
FYI: I hold big positions in both SOL and ETH.
bdoN retweeted
Replying to @madak0x
(Disclaimer, I am on the team) @DeFiKingdoms
Gaming project, almost 3 years since launch, constant development, all kinds of custom tech under the hood, most active community on Avalanche, first and largest Avalanche subnet (DFKChain), the list goes on
bdoN retweeted
What is dead may never die , but rises again harder and stronger
$JEWEL #Bitcoin2024Nashville
This Post is from an account that no longer exists. Learn more
bdoN retweeted
Player vs Player combat is coming to the Colosseum on @MetisL2! In the meantime, experience combat, gear up your Heroes, and prepare yourself for battle in the Void Hunts!
As an added bonus for all you Hunters, and to get you ready for @MetisL2, a new daily raffle has started!
Every day for the next 60 days, 10 Hunters will win 0.5 $METIS! Remember, each Mad Boar and Bad Mothercluckers Hunt that you victoriously complete is an entry into the daily raffles, and you can win more than once!
Good luck and good Hunting!
bdoN retweeted
Happy ETH ETF day! Seems like an appropriate day to explain Ethereum.
If you're confused why Ethereum's market cap is so high when it appears to be a slower, more expensive version of other newer chains, this post is for you!
mirror.xyz/timjrobinson.eth/…
bdoN retweeted
Is $JEWEL @DeFiKingdoms underrated?
See some comparisons between $Jewel and other #GameFi , more or less famous, more or less played than Defi Kingdoms and...NFA!
The multiplier is calculated on today's $JEWEL price of $0.149
1)
.. @DeFiKingdoms vs @ galagames
bdoN retweeted
I was busy over the weekend, but still wanted to write something about $FTM - @FantomFDN .
One of the OG blockchains that held expectations similar to @solana is @FantomFDN , which has yet to significantly perform although developers are still "cooking."
I believe #Fantom is a compelling choice for investors looking to tap into the early phase just before a bullish trend begins
A brief history of $FTM:
» Fantom initiated the #DeFi Summer bull run cycle from 2020-2022
TVL increased >10x from $700M to $7B within 6 months
During the DeFi Summer, TVL was a key indicator
» Andre Cronje Effect - Pioneer of DeFi ideas: Solidly ve(3;3) → Today, the success of Velodrome (OP) and Aerodrome (Base) continues to resonate ve(3;3) model
Boosted weekly Volume up to ~$6B, with TVL continuing to grow additional 2x
Below are my bullish theses at the current moment:
→ @FantomFDN is developing a new Layer1 called Sonic Network
$FTM → $S with a ratio of 1:1
New Airdrop
Part of the a narrative
After Sonic officially launches its mainnet, the development team is expected to introduce improvements such as:
[1] Implement Sonic Rollup
The project plans to deploy Sonic Rollup, a key component in the validator, to completely decentralize the bridge.
Sonic's consensus mechanism is Sequencing Layer, which provides fast, secure, and convenient usage, while significantly reducing fees and confirmation times.
[2] Support for Staking and Liquid Staking
The project plans to simplify Staking so that the APR no longer depends on the lock-up period but instead applies a fixed 14-day unlock period.
This will open up a $1B+ opportunity for LST Token, significantly increasing DeFi and TVL activity.
[3] Funding program
The project will continue to expand and accelerate Sonic Labs' funding program for projects in fields such], as GameFi, DeFi, SocialFi, AI,...
[4] Airdrop campaign
The project will launch a large Airdrop campaign for Opera network users.
[5] Introducing Supersets
When Sonic is active, Supersets will not be activated; they are scheduled for a soft-Fork upgrade at the end of 2024. Superset will increase the performance of FVM.
[6] Parallel FVM
Professor Bernhard Scholz and team will integrate parallel execution features into FVM to significantly increase Sonic's performance.
TPS recorded on testnet is >2000 and completion time under 1 second
Speed surpassing Solana, but of course needs validation on mainnet
[7] Scalability through ZK technology
Andre Conje will continue his research on off-chain execution and on-chain verification to scale the network through ZK technology.
[8] Stablecoins
For both Opera and Sonic, stablecoins are an essential ingredient for DeFi success. The project will launch Fantom's own stablecoin in the near future.
[9] Phantom Witnesses Reduction in Selling Pressure
Fantom’s supply on CEX has declined steadily since it climbed to a year-to-date peak of 674M on April 4. Since then, it has fallen by 5%.
This may be because investors are moving their holdings away from exchanges into private wallets for long-term holding.
This move is often considered a bullish signal because it leads to a drop in selling pressure.
The reason for this is simple: with fewer coins available for sale on exchanges, there is less downward pressure on the price, potentially driving up an asset’s value.
I believe $FTM will be bullish in the long term.
bdoN retweeted
The Ethereum ETFs are expected to begin trading next Tuesday whilst ETHBTC continues to bleed.
I think $ETH is under owned by the market and any signs of strong inflows from the ETFs will move it much harder due to its CEX illiquidity.
Hated assets get hated rallies.
bdoN retweeted
Volume precedes price
$SYN 50x in the next 6 mo.
Even that would be low
bdoN retweeted
RFQ = Intents layer for asset transfer (ie, bridging)
Synapse Interchain = Data layer powering the intents and asset settlement
Any intents / smart wallet / chain abstraction tech needs data settlement to function.
RFQ proliferation begets the modular interchain era.
$SYN































