China has survived 5000 yearsโ? Sure โ but for most of those 5000 years:
- It didnโt face assertive rivals like todayโs India & others
- It wasnโt viewed with deep distrust by global consumers
- It didnโt have a population crisis ticking like a timebomb
- It wasnโt up against
1/
@AndreCronjeTech announced he is raising capital for Flying Tulip, a fully on-chain DEX (Built on $S/@SonicLabs) with a synthetic delta-neutral liquidity pool backed by staking yield, + perpetual put.
So many tech terms?
Letโs break down main features of FT.
Thread! ๐งต
Anyone in the industry can see what this chart is screaming.
$S - Sonic is picking up where $FTM left off. ๐
With @AndreCronjeTechโs relentless drive and @michaelfkongโs leadership, the entire space is about to be shaken.
Stay ready. ๐๐ฅ
$S is currently ranked 56th by market cap on CoinGecko. ๐
Today, #Binance and several top-tier exchanges are listing it on spot, and Coinbase International is adding it to their perps.
Still -70% below $FTM, I believe $S will crack the top 40 in a month and top 20 in this bull
$FTM over a dollar, yet a market cap of less than 3 billion dollars.
Major Sonic $S upgrade in December.
I expect a new ATH in December. Stack it before it catches fire ๐ฅ
$S / $FTM is still trading 87% below its ATH of $3.46 from Jan 2022. ๐
Plenty of room to run โ the fundamentals today are stronger than back then.
Discuss !!
If youโre feeling down about $S price action, hereโs some perspective:
In the last bull run, while Bitcoin was pumping, $FTM (now Sonic) dumped over 85% from May to July โ just like what weโre seeing now. But from July to October, in just 4 months, FTM exploded with a 2141%