ERC-404 feels like a good narrative for ambitious devs Cross-platform exposure where you can reach meme traders, utility traders AND NFT collectors with one product Thank me later
So NFTs are trending again and Utility is trending again I guess it makes sense that we see a rotation into ERC-404 style assets, and maybe even see some of these find some further implementations somewhere IDK just maybe...
I like $PUMP here, it's in that zone of accumulation after both time and price capitulation Only 2 things that make this a bad trade; 1. Market tanks hard and takes Pump with it
Defi projects that were able to find PMF and be sustainable whilst $ETH underperformed are going to absolutely print as volume returns to Defi $OHM $PEAS $AAVE $PENDLE are the kind of plays that are primed to dominate
I am actually really impressed by $PUMP It takes a special kind of team to make a launch go as horribly wrong as possible and do nothing to try to turn it around Still think they try to pump it once all hope dies, but feels like they're risking letting sentiment fall too far
$MNT showing some strength recently Market Cap, TVL and DEX volune are all starting to curl up after a long consolidation UR Blockchain Banking can take off then $MNT can be a big winner of the RWA and Institutional narratives
$PUMP sentiment is SO BAD right now There are worse degen trades than taking a position at these levels, or maybe even setting some stink bids around $0.004 presale level If I had $12M to pump into a chart, I'd certsinly wait until the non believers had capitulated
Most projects accept liquidity sourcing as an expense. Often their largest expense. It doesnt nees to be this way. Yield bearing liquidity sourcing is a thing. Thread coming soon...
$PUMP and $HYPE comparisons seems reasonable but might throw one more out there $BANANA it cooled off after presale hype and then ran insanely aggressively post-hype
Being liquidated as a bull sucks but there is solace in everyone around you hurting too. Being liquidated as a bear must be so hard mentally because everyone, even your grandma is excited to talk about BTC going up and you're lost for words when they ask how crypto is going.
Highly likely that this move retraces but holds above previous resistances, especially for $ETH Even more likely that many panic sell their alts below their recent entry price when this happens