I’d like to thank the $MEGA team for the minor pump of the token so fluffle holders could exit before letting the token dump again 🙏 https://t.co/aqJsYTtCsb
I’d like to thank the $MEGA team for the minor pump of the token so fluffle holders could exit before letting the token dump again 🙏 https://t.co/aqJsYTtCsb
228M USDM on MegaETH, generating around 7.5M annually for MEGA buybacks.
MEGA MC is 57M.
Seems cheap with current circulating supply.
Pretty convinced that high returns will come from reversal of gloomy expectations rather than great ones in the coming months.
For example, I believe MEGA is a better buy today than HYPE (for the short to mid term).
Long term, there is no better business than Hyperliquid and it should do fantastically well with time.
That being said, I still like cash and gold better than any volatile asset right now.
Day 547: How to get paid while farming 2 airdrops.
One of the best ways to farm perp DEXes is by capturing funding arbitrage between two exchanges.
You earn funding while simultaneously farming points on both platforms.
The downside is that funding can flip or slippage can eat your profits.
Luckily, @lorida256 built a free tool that shows the 7D funding APY and the entry cost so you can can calculate how long it takes to break-even
Makes it much easier to know if a trade is actually worth taking. Personally, I wouldn't use more than 3x leverage.
Pretty goated tool and completely free to use.
https://t.co/MVEzyOIVUD