ash2023

The world as you know it will never be the same
Protests over cost of living and increasing inequality are spreading across Europe and beyond
France is at the centre of it with a national movement over fuel prices, public services and inequality. The famous Limoges city hall was set on fire, protesters broke into Marseille's city hall, and Lyon's tourist office was torched.
In Milan, a march against high living costs turned violent near the Duomo cathedral.
Mauritius is a separate crisis, and in probably the most serious. Protests over water shortages and living costs escalated after police sh

South East Asia looks cooked
- Fuel shortage in Bali, Indonesia
- Indonesia's stock index crashed 8% today, its worst day since 1998
- Crazy haze situation in Malaysia and Singapore, highest since 2015
- Flooding in some parts of Bangkok, Thailand
- Record “Super El Nino” climate phenomenon expected to hit several SEA countries

If you are a failed L1, just add privacy or quantum resistance
If you are a failed consumer app, just add gacha
If you are a failed DeFi protocol, just pivot to a perpDEX

Fundraising in crypto
• Trend of enabling shitty founders that raise based on hype/fomo (L1s, crypto gaming, nft projects, launchpads) but 4 years passed without any product
• Paying themselves an absurd salary from the fundraise and slow rugging the project
• Multiple fundraising rounds, with some investors only geting a SAFT yet no intention of TGE-ing
• Ghosting investors/ not providing quarterly updates (bare minimum) after taking their money
When proper projects with good business models and ethical, professional founders come along, investors hesitate to invest because of PTSD

Papertrade launch so far
1. Launch seems like whale-only chaos right now
• Everyone's positions are basically unfillable unless you're doing 8figs trades ($10m+ notional)
• Everyone else is stuck in a massive queue
• @papertrade_xyz's LP already nearing ~$2m with close to 300m $PAPER minted
• Seems like the design of this prioritizes big notional + liquidations, everyone else is just spectators (K shape happening on new protocols? kek)
2. The actual farm is “lose on purpose”
• Open 1000x long + short, let one leg die so you mint PAPER cheaply (some are doing the other leg on other platforms?

Crypto neobanks are the best
Now I can increase my USDC reserves from my onchain shitcoin profits, sent it to the crypto debit card and buy stuff IRL
Using magic internet money to buy physical items = means the items are free right?
#BoyMath

Wow down bad can’t use @Muse and @XMoney in Asia!

Psuedo native token larping as a meme for the breakout app of this cycle with revenue buybacks
Uni v4 infra for tokenised stocks
Token with the most long-term holders + deepest liq pool + resilient (30%+ dips that got bought back up)
Becoming the quote asset for other pairs with fee sink

Tale as old as time
• More and more AI slop projects launching tokens with vibe coded websites
• Laptop skem token (from PVE to PVP to extraction szn)
• Projects launching and vamping attention/liquidity from incumbents (Ember <> Stonk on Solana)
• Another launchpad on ETH, this time forking Pons kek
• Memestocks also getting stale, people trying to force memes on any stocks
• Past cycle extractors coming back on-chain and eating off bundled launches, iykyk
• People who have supposedly "made it" shilling sub $10m marketcap coins lmeow
• CT's favourite poster boy apeing bundled tokens (until

Seeing many accounts getting chopped on Fomo, round tripping 6-7fig profits
Save your bullets and wait for novel ideas and ignore the long tail shit - the reason why ICOs, DeFi Summer, NFTs, AI Agent season and now memestocks experience a parabolic rise is because no one knows where the ceilings are
You’re playing solved games if you keep piling into “the next GOAT 2.0” or “the Hyperliquid of XXX” or “another memecoin tied to a viral event”

nice, a legitimate project and non AI vibe coded slop

Bull markets don’t end when every group chat turns bearish

fc DRAM
semis primed for a bounce
🐮

Seeing so many projects with AI slop and vibe coded websites this cycle
Extractive season begins, ape carefully!