Sisyphus

Sisyphus

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[ ZOOMER ] LIGHTER’S $LIT TOKEN GETS LISTED ON COINBASE IN ITS FIRST MAJOR CEX SPOT LISTING: BLOG

Last year I remember expecting Hyperliquid to open at $5-10 billion, which was still underestimating its value, and getting to buy it at $3 Lighter is already trading higher than that in the premarket, but perhaps airdrop recipients will sell the TGE to cover trading losses

On AAVE: I fail to understand why Stani, who must have dumped hundreds of millions of dollars of valueless governance tokens from 2021 to 2025, would rebuy $10 million dollars of tokens in order to try and take a <$10 million dollar revenue stream

I’m surprised that no one is talking about the fact that Stani bought $10M of AAVE, claimed it was bc he is aligned with the token yet in actual fact it was to increase his voting power in anticipation to vote for a proposal directly against the token holders best interests This is a clear example of tokens not being equiped to adequately disincentivise governance attacks VE has its flaws but would he have been willing to lock for 4 years? I bet @AaveChan would

Lmaoooooo Peter Thiel-backed ETHZilla sells $74.5 million of ETH to pay debt as it shifts away from DAT strategy | The Block

flow raised $746m built “for nfts” and somehow still missed the entire nft cycle ecosystem never moved past collectibles like nba top shot and some garbage games closed, permissioned validator set pretending to be decentralized $0s everywhere again because like in the past, there’s still no reason to use it today still at $300m fdv tho zero twitter.com/hantengri/status/2...

If you wonder why CT is so depressed, well this is because most alts are trading significantly below FTX bankruptcy lows. I checked top200 tokens 3yrs ago & vs. where they are trading now: - Median perf. in USD: -58% - Median perf. in BTC: -92% Brutal...

2025 token launches have mostly been a bloodbath Tracked 118 TGE launches this year and compared today’s FDV vs opening: • 84.7% (100/118) are below TGE valuation • This means ~4 out of 5 launches are below their opening valuation • Median token is -71% FDV (-67% MC) from

Crypto was previously great for amassing large amounts of personal wealth very quickly since you can sell tokens much earlier than you can sell equity in a company It is a remarkably poor substrate to build a real business for the exact same reason

Robinhood and IBKR are fundamentally the same businesses, but one cohort of users is less price sensitive vs. the other. a 50-100bp fee to use the platform per year is manageable when equity returns are on average ~8% per year, but if we introduce sports gambling, you end up twitter.com/TraderNoah/status/...

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