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<Decentralized Social Media: the rising trend for mass adoption>
The social media industry is in upheaval. Not only @elonmusk buy Twitter, but also decentralized social media services are coming. Potential social media industry disruptors should be noted. Who are they?
<GMX Exploit: Was it Profitable?>
@GMX_IO was exposed to an exploit last weekend. A trader manipulated the price of $AVAX on CEXs and made $430K on the GMX. However, it is uncertain whether the trader made a net profit
According to our analysis, he did not make a profit
JP Mullin (CEO of @MANTRA_Chain) remarks at BTCON RWA Summit today on $OM price action overnight
โข No exploit or hack
โข No active selling from MM or investors
โข Large investors using $OM as collateral were liquidated, which caused drastic price action
โข Post mortem
Sherpas, OMies, and broader crypto community,
First off, the team and I greatly appreciate the support that we have received over the past several hours, which we believe is a testament to the strong support MANTRA has among its investors and community.
We have determined that
<Where did Crypto VCs Invest in 3Q22>
Winter is coming. VC investments amount in 3Q22 decreased to 33% of that in 2Q22. However, we need razor-sharp focus, because the bear market is the time when real innovation occurs
Thread on crypto VCs capital flow in 3Q22
<Where did Crypto VCs invest in 1Q22>
After the L1 war started by Alameda, @zhusu, Hashed, and @DCGco, Crypto VCs continue their aggressive expansion across different sectors despite negative market sentiment
Thread on Crypto VCs Capital Flow in 1Q22 ๐งต
1/22
<Will NEAR be next SoLunAvax?>
$NEAR price is performing well among L1s. Its TVL increased 160% m/m (45% w/w). There are 4 catalysts contributing $NEAR price appreciation. What are the catalysts? Is this rally based on fundamentals? Figure it out.
Thread on $NEAR
1/10
Finding next catalysts: Lessons from historical market cycle
The crypto industry experienced 3 cycles in the last decade. What happened in the former cycles, and what will happen in the future cycle?
Exploooring the crypto cycle
*Price change is measured from bottom to top
<FEI shutdown: Exploit Victims vs. $TRIBE Token Holders>
@feiprotocol released a proposal to shutdown the protocol. @samkazemian, the founder of @fraxfinance, criticized it as a "new low for DeFi"
Thread on the controversial treatment of FEI Labs for FUSE exploit victims
Lowest funding since cointelegraph ETF fake news [negative across the board]
OI -40% from High [39.5B -> 23.4B]
TradFi panic selling on the cute (?) 20% dip
Dovish QT taper than expected but not priced in, completely reversed (which happened at Nov-Dec 2022 too)
Compilation of @GCRClassic advice, aggregated by @thedefivillain
TL; DR
โข Round numbers are shelling points for S/R
โข Low unit bias is the key to attracting retail
โข Never short small cap
โข Winners average winners and losers average losers
1/2
cryptonarratives.substack.com/p/compilation-โฆ
Interesting read on $GNON
So TLDR of EchoChambers, @GnonOnSolana:
โข Framework agonstic agents comunication layer
โข Supporting Eliza of @ai16zdao, Zerepy of @0xzerebro, and @ACTICOMMUNITY
โข Platform for deploying agents
looks interesting
As the leaders in the AI Agents/Open-source AGI movement continue to make new highs (#VIRTUALS, #AI16Z, #ZEREBRO, $ARC)
This entire space will re-rate much higher and I expect $GNON to be one of the greatest beneficiaries, with a swift repricing soon
Let me tell you what GNON