niggy

In the world of memecoins, during the previous cycle you had token with "baby" appended in front of a bigger token's name. Their purpose was to use token tax collected from its trading (5% mostly) and use it to buy the main memecoin. These were the origins of beta play memecoins. In this cycle, we had beta plays that didn't benefit the main coin in any way but they were made as a coping mechanism for people who missed out on the main one. Examples include countless WIF derivatives, blonde and brunette on base, trump and melania on sol earlier this year. Regardless, in both the cases arrival of beta plays kills the main coin and ofcourse itself too. In previous cycle one would argue it made people think "what is the inherent value of this token if not collecting taxes to buy the main one? Why then shouldn't I buy the main one. Then their minds would ponder " what is the inherent value of the main one even? Why should I buy it?" And everything would nosedive. In this cycle, their is shortage of retail liquidity so arrival of beta plays sucks out monetary liquidity and attention liquidity from the main coin and injects it into the derivative. The derivative coin pumps while the main one dies. And then people realise the derivative doesn't have as much meme power as the main one. So this dies too and people move on to the next one. But that's about memecoins. Such kinds of things shouldn't happen to serious chains right? Well i don't know if we should consider anything serious really. Call me silly but i see parallels between hype this cycle and luna last cycle. Both attracted people who wanted decentralisation above anything else. Although in case of hype the decentralisation factory is disputed, we can keep that talk for a later date. So cults can take things to the top but can they keep it up there? Maintainance is harder than the rise. I'm not saying it will crash and burn like luna but at some point the bells will be rung, and we'll be too busy partying loudly to hear them. Binance founder came out of prison and decided to launch his own version of hyperliquid to vamp attack hype. This shouldn't be that concerning because eth and bnb have coexisted forever... Right? Not really. Hype is not eth. If you were there to see eth go from ico to $100 you'd understand what I'm saying. But regardless, this cycle even eth is struggling and bnb is breaking ATH after ATH. I was never a fan of binance ecosystem but i recently learned the chinese crypto community lives in their own world. For them BNB is both BTC and ETH. And anything the binance people make them believe. I'm not the biggest fan of Aster but chinese community+ hyperliquid factory + the fact that most retail normal people outside Anglo countries use binance makes me think.... HYPE is short term bearish desu.

Ton has crashed a lot from its all time high and it seems to be rebounding now. Today will be the fifth daily green candles in a row and yesterday's daily closed above EMA 200 IN ADDITION TO THIS Some bullish news for Ton i found from elfabot The recent surge in TON price is primarily attributed to strong ecosystem activity, including significant NFT purchases by Pavel Durov (Telegram’s founder), such as buying a Plush Pepe NFT for 15,000 TON (about $53,000), which has boosted market confidence and demonstrated TON’s real-world utility. This has been widely discussed in the crypto community and cited as a bullish catalyst (source). ⦁ Additional bullish factors include Grayscale considering investment in TON, the launch of new Telegram NFT features, and US users being able to access TON Wallet directly inside Telegram without a VPN (source). So, yea, i think we're breaking previous ATH and hitting $10 soon cheers

Ripple is a coin that is loved fervently by retail and despised vehemently by crypto natives. People who spend the bear market in the trenches tend to avoid it due to skepticism about FDV and other metrics and then retail comes in for a blip in time and pumps it to Valhalla and dumps on crypto natives and leaves without explaining.If bitcoin hits 250k , retail is coming back and pumping this to $9. Downside: price is currently trending near previous ATH of 2018 so there's a risk of double top and crash to 50¢Upside: dark days are behind us. Why zoom out more than necessary. Worst is behind us. We're in an uptrend.minor downside: oh no, we zoomed in too hard and the chart seems to be in a downtrend. well it doesn't matter unless you're high leveraged . Zoom out moderately, relax for a bit, and wait for retail to arrive.

I lomged trump some time ago. I won't say at what price but i think this will pump a bit today as the dinner snapshot approaches. Some normie influenzas are convincing their followers to short it into the snapshot but i think except for some minor corrections there will be no major crash to $8 or whatever. This token is slowly and steadily going to creep back up to $100 price. whenever trump solves global conflicts such as india-pakistan, ukraine- israel etc. It'll positively influence the price of this token. A bet on $trump is a bet on $trump's presidency. Whether he will prove to be a good president or not is upto you. Regardless, keks will be had.

From the chart it appears Tao has broken out of several resistances and EMA 200 is on the top too so I'll be longing here

The Pectra update introduced a new mechanism that burns a portion of the transaction fees, effectively reducing the circulating supply of ETH. This deflationary pressure is expected to have a positive impact on the price, as a decrease in supply, coupled with steady or increasing demand, typically leads to price appreciation. https://ultrasound.money/40000 reached!!!!!!!!!!!

Apecoin looks primed to retest last cycle's ATH. Although BAYC is crimge, with everything going on with them this looks bottomed hereI'll close my position at $10 thoughever.