Young Ko

Young Ko

20,611 Twitter followers

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Advisor & Investor, Ex CFO @0xPolygonLabs ($Matic), Penske Media.

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Agree, but with ETH a very distant 4th and adding HYPE into the top 3. You need a team that wants their token to appreciate and can actively working towards it. But doesn’t that hold true for every Foundation/protocol? Well, yes but most are handicapped if they are the largest bag holder and require dumping tokens to fund OpEx.

Flavor of the week, narrative driven memes/pvp tokens are likely dead or have topped. When market makers pulled their liquidity, these things literally had no bids. $atom, for example plus a lot of memes+gov tokens....Proof that only tokens with revenue or PMF will survive going x.com/serpinxbt/stat…

Strong recovery by market breadth today after nearing the lows from April. Will we see continuation into tomorrow and the rest of the week? I think so. But if your system has you waiting until all the stars to align before jumping back into the markets, you've prob severely underperformed the past few months. It's time to really review your strategy as the biggest rallies come when nothing makes sense.

Had to change my pants while watching Galaxy dump last night. But was able to get a ton of FART and SPX spot at a bargain. Courtesy of @hyperunit of course. Am loaded up on CRV SUI as well.

Positioning in ETH isn’t as nearly short as what many claim. A huge chunk of it is delta neutral as a result of the basis trade. However, if ETH can sustain outperformance towards 4k, I imagine it will force many to unwind and be directionally net long. Long way to go, but there’s a lot of fuel.

I speak on behalf of everyone that is levered long BTC, can we cancel Crypto Week? Let us enjoy a grind up through 125k in peace ✌️ 🙏

BTW - if you think someone waited 14 years to dump on an illiquid holiday, you are letting emotions get to you. If offloading, could’ve been sold OTC, which would make sense given the apathy towards a holiday. Or they are simply moving to a more secure wallet. Given the acceleration in computing power, the older wallets are susceptible to being hacked.

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