42.7K @HackermanAce Well since there isnt any Power Hour today, lets do an Options Stream.
Join me at 6pm EST tonight for a session on options.
Learn how they work in crypto vs stocks, how you can trade them and where you can get good spreads & pricing to run any strategy you want. https://t.co/w5QcGkzTBw
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47.6K @cryptokakarot Miners capitulating, the worst possible geopolitical news, security breaches, hacks of hundreds of millions, well‑known projects shutting down and being abandoned, social media in absolute silence...
The last remaining believers are starting to doubt, to sell at a loss and to quit the game.
There is no volume, no liquidity, no innovation, no new projects worth pursuing, nothing interesting, no future outlook, Altcoins keep bleeding after a -999% drop with no rebound...
The sentiment is no longer terrifying or gloomy, there is no fear, it isn’t even sad, it has broken all those levels, market participants feel nothing, there are no emotions, only apathy, depression and existential crises.
It is the closest thing to being dead while alive.
If this isn’t the floor… if the floor isn’t very close… it’s because there is no floor.
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1.2K @Kiryu_0x $PEPE also launched before there was a 100 memecoin factory launchpads on every single chain.
The general public now realizes how easy these things are to make, so there are less buyers.
Dilution is insane and everyone knows it
204.3K @digitalartchick "Pepe was launched in these conditions"
No, it wasn't.
Pepe was launched when hundreds were paying attention to memes, not tens of thousands
Pepe was launched on LPs that did not have extractive fees on every swap
Pepe was launched when web3 was flush with cash from the NFT bull run
Pepe was launched when 10 other coins were launched every day, not every second
Pepe was launched well before the commercialization of memecoins, before the word "KOL" existed, before 20 year olds were constantly bombarded with doomer propaganda about how they are running out of time to make it
Pepe was launched when the crypto total marketcap consisted of maybe 5% of the coins available today
Pepe was not just a random meme that made it, it was the first popular onchain meme with fix supply and locked liquidity, to this day even after a million trillion % drawdown the main LP holds more liquid value than any other coin in all of crypto (read that again) remember Shib and Doge ran on razor thin CEX liquidity which is why t
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