IgnasDeFi

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

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

Since memecoins aren't disappearing, I'd love Uniswap to build the memecoin launcher for all chains.
and Dextools fork that isn't impacted by paid ads.
Make it like public goods with lower fees and more transparency.

Realistically, this happens when ppl outside of CT start to see crypto bros getting rich again.
we need sexy 'make it' stories. Make SOL run up to 500 or ETH to 6k and then the degens will be back.
Or as I said, Polymarket could make a huge airdrop to all users :)

You know the market is bad when you check your old wallets for pocket money

Ansem et al. try to make everyone bullish on CT
but the problem is that we're already relatively bullish on crypto and our portfolio exposure to crypto is already high.
We gotta make Reddit wallstreet bets & race to 10m subs as well as normies on FT and Bloomberg bullish on crypto.
During recent AI stock crash there was a post on Reddit where to allocate capital post AI crash.
No highly upvoted comment mentioned crypto.

Instead of reducing ETH yield, EF should focus on finding new ETH burn mechanisms
Part of the EIP-8361 proposal is focused on burning ETH but at the expense of yield.
Instead, find how to burn more $ETH ... Monetize MEV, tax the L2s or increase tx fees for some txs. Idk.
Ethereans shit on Tron, but its 'bandwidth and energy' model ends up burning loads of $TRX thus pumping price.

Crazy how AI still can't write in 'your voice'.
Writers were supposed to be replaced already but no matter how much training I do, Claude/ChatGPT still produces AI slop writing.
It might do a few posts OK but the longer the thread goes, the worse the writing gets.

I used to get an ENS name for every new (main) wallet I create.
I don't bother about it anymore. Somehow.

Last crypto bull run sucked largely because of token oversupply.
In previous cycles creating new tokens was costly (hard forked BTCs, new L1s or even whitepaper writing in ICO boom) but memecoin creation is cheap & fast.
High-FDV launches with continuous token unlocks didn't help.
Thus money flows and attention got dispersed into MILLIONS of assets.
Compare it to the current AI trade, there are like ~30 or so AI stocks that absorb money+attention flows.
It's extremely costly to launch new "AI trade" asset in tradfi.
So for a sustained crypto rally we need to focus our attention into few asset

Never heard of Coldcard
But if it was Ledger or Trezor this industry would be dead for a decade.
Can’t imagine my wallet getting hacked to zero.

DAOs shutting down means less transparency into crypto companies’ finances.
It was DAO post on Polkadot forum that exposed their huge marketing budget and which KOLs received it.
But with DAOs closing and core teams taking more control we will likely get less insight into companies.
Obviously if regulation doesn’t force it. Not sure if it forces them to do so now?

The sad part about crypto companies shutting down is how many people will end up leaving crypto 4ever.
Disillusioned, especially if they joined during peak expectations.
The bullish part is that lower count of strong companies left will make the selection and capital allocation easier when things get better.

Previous bear market I was constantly checking out new apps, learning new crypto concepts, and clicking buttons.
Now, I just went on a 3 week vacation and I feel I didn't miss on anything.
Just comfy in spot.