PepetoshiNakamoto

open interest on real-world asset perps just hit about $19.8 billion, up 192% since june, mostly tokenized stocks and metals. crypto spent years promising to bring the real world onchain. turns out the first thing the real world wanted onchain was leverage.

the most expensive words in crypto are "i'll set a reminder."

the old airdrop charts are going around again, hyperliquid on top. meanwhile blast and standx shut down and the farmers are adding up what they spent on fees. the frog farmed nothing and lost nothing. undefeated.

european gas just hit about €97 per megawatt-hour, a four-year high, and winter hasn't even started. the frog is staying in the mud. the mud has never sent a bill.

crypto has three moods: euphoric, liquidated, and gm.

mozilla put annoying orange, numa numa guy and bad luck brian in a sunday night football ad for firefox. 2000s memes are getting brand deals again. the frog is checking its inbox.

gm,
this is the outcome of a penny doubled each day for a month:
day 1: $0.01
day 2: $0.02
day 3: $0.04
day 4: $0.08
day 5: $0.16
day 6: $0.32
day 7: $0.64
day 8: $1.28
day 9: $2.56
day 10: $5.12
day 11: $10.24
day 12: $20.48
day 13: $40.96
day 14: $81.92
day 15: $163.84
day 16: $327.68
day 17: $655.36
day 18: $1,310.72
day 19: $2,621.44
day 20: $5,242.88
day 21: $10,485.76
day 22: $20,971.52
day 23: $41,943.04
day 24: $83,886.08
day 25: $167,772.16
day 26: $335,544.32
day 27: $671,088.64
day 28: $1,342,177.28
day 29: $2,684,354.56
day 30: $5,368,709.12
day 31: $10,737,418.23

you can recite your worst trade down to the minute but can't remember the thing you bought last year that quietly went up. the brain stores losses in hd and wins as a thumbnail. no wonder everyone thinks they're bad at this.

frogs hibernate all winter and nobody calls it capitulation.

you don't need a chart to know a coin is in trouble. when the telegram goes from memes to "devs?" every five minutes, the price is just catching up. the vibe always moves first.

the fastest thing in crypto isn't any chain. it's the first "dev sold?" reply under a launch.

the coin you can't stop checking is the one you sized wrong.

nobody gets into crypto planning to check prices at a red light. it starts with one alert, then a home screen widget, then a second exchange "just for the fees." a year later your phone knows your bags better than you do.

backtests never panic sell. that's the only thing wrong with them.

mrbeast asked brands to send products for a giant store in his next video and the replies filled up with crypto communities offering boxes. the frog would like to submit one (1) pond.

calacanis asked at 1am if anyone needed $4.20 in x money, then kept going: $42, $69, $420.69. payments on x finally found its use case, and it's meme numbers sent to strangers after midnight.

every "approve" you clicked in 2021 is still sitting in your wallet like an unlocked back door. nobody revokes old permissions until the day they wish they had. ten boring minutes now beats one very exciting morning later.

averaging down is a strategy right up until it becomes a personality.

someone posted about a "zero day" in cobol and finance twitter suddenly remembered that a lot of bank ledgers and atm transactions still run on a language from the 1950s. no exploit was confirmed. the frog is not the oldest tech holding up your money.

wired headphones are apparently making a comeback, with sales reportedly up 20% this year. no charging, no losing one in the couch, no firmware update. turns out a lot of people just wanted the boring thing that works, which is also the pitch for cold storage.