IgnasDeFi

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I can't believe the Gods of Crypto allows us to run the same playbook once again.
4th time for me.
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"Investing in AI now is precariously difficult" - @zeroxkyle in his latest blog post.
"Ai equities is like treading a minefield - everyone races to the exit at the first sign of negative news."
Crypto feels the opposite of AI trade:
everything is down A LOT but fundamentals improved with multiple catalysts ahead of us.
We are still early for the capital rotation from AI to crypto.
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I bet many projects shut down expecting a bear market to last much longer.
I've talked to a few projects and spending was cut to the minimum to just survive.
Hope the rally feeds cash to teams with PMF even if pre-revenue.
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NFTs are down or flat in USD terms.
But up thanks to ETH lifting all NFTs.
So stablecoins failed to replace ETH denominator for NFTs and top NFT collections might still be a decent ETH proxy trade.
Especially if NTFs start to rally again.
ETH5.47%
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$150K is solid a case for BTC to close the gap with Gold and NASDAQ.
That's about 90% from here.
BTC8.05%
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Big shift in CT mentality vs last cycle:
CT advice now is holding majors: btc, eth, sol... plus rev share tokens hype pump
It's the opposite of previous bull run positioning. Few expected BTC to outperform ETH and loaded up with alts that went nowhere.
BTC8.05%
ETH5.47%
SOL5.09%
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$ETH pumping like the market finally realized it's the institutional adoption story
ETH5.47%
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한국 친구들, remember that crypto gains are tax free until 2027 in Korea.
Last trade to buy an apartment in Gagnam
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Just remembered that feeling of refreshing my portfolio app with a smile :)
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$1b in short liquidations on these recent 1H BTC and ETH candles.
higher.
BTC8.15%
ETH5.53%
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Getting quite a few DMs from builders building on Robinhood Chain specifically.
The hype seems real
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that feeling when you follow someone on X because of one awesome post, and then later you start seeing their other posts and it's all trash :(
Do you unfollow?
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Transition from an L1 to Ethereum ZK L2:
That's the vote on Gnosis DAO happening now.
A few years ago, Ethereans would've been happily dancing about this.
Voted yes
ETH5.47%
ZK10.04%
GNO0.54%
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Why is Bitcoin researcher proposing to reduce $ETH inflation?
Seems like Bitcoiner mindset has entered Ethereum.
BTC8.05%
ETH5.47%
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Fomo and pump fun generate more fees than Hyperliquid because of low crypto (and currently equities) volatility.
Memecoins will die out soon and in a few weeks HL will be back on top.
Screenshot this
PUMP18.38%
FUN3.34%
HYPE7.38%
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Railgun's $RAIL is down 72% since its hyped integration in Kohaku privacy wallet by Ethereum Foundation.
CT was bullish on $RAIL for months, and most recently in June as a privacy narrative trade.
Yet unlike $ZEC , $RAIL retraced almost all gains.
Still, Railgun's metrics are all near ATHs (fees, growing private volume, high staking (72%), TVL etc).
Fundamentals are strong but $RAIL got overhyped and as a mid-cap liquidity is relatively shallow.
Rail probably will make a comeback when privacy gets hot again.
ETH5.47%
ZEC14.47%
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Polymarket said their own L2 was #1 priority.
That's 9 months ago.
Either their shipping speed is super slow or Polygon managed to convince them to stay.
Their own L2 would be the main reason for $POLY airdrop. Other than a dispute resolution tool (instead of UMA).
UMA7.89%
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Polymarket said their own L2 was #1 priority.
That's 9 months ago.
Either their shipping speed is super slow or Polygon managed to convince them to stay.
Their own L2 would be the main reason for $POLY airdrop. Other than a dispute resolution took (instead of UMA).
UMA7.89%
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Really hope this mini memecoin season fails to attract new retail to crypto.
Don't want them to be enticed by huge gains and then get rinsed by KOLs and lose it all again.
Worse if new celebrities join once more to extract from crypto.
Crypto degen natives rotating capital is ok but don't want the new ppl to get disenchanted by crypto when so much is being built.
Instead, hope that BTC regains momentum and attracts new capital who expect to finally outperform AI trades.
Or $ETH and $SOL stories of revolutionizing tradfi with RWAs pick up steam.
Even prediction markets narrative is healthier fo
MEME7.48%
DEGEN8.97%
BTC8.05%
ETH5.47%
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