Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding
0·-Neutral
n
news9/6news
Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding
everyone faded me when i screamed for weeks that Robinhood season was coming
then it played out almost exactly as called:
- $PONS: $950 MILLION FDV — i first called at $4m - $CASHCAT: $270m - $AI: $280m - dozens of other $10m–$100m runners
all within the past two months
now i'm screaming that it's BNB SEASON
and guess what?
the same people who faded my Robinhood call are fading this one too
$MARSCOIN has already kickstarted the BNB run as the clear leader of the BNB meme/stock meta
and i believe it will continue to lead by a wide margin
if you haven't positioned yet, it might be a good idea to start paying attention
because BNB season can get MUCH crazier, MUCH faster than most people anticipate
think about the setup:
Binance is by far the world's largest CEX w/ 320 MILLION users
$MARSCOIN is already listed on both Binance spot & perps
and unlike last cycle, the West can now conveniently buy BNB memes through fomo
the accessibility is completely different
also:
$SAFEMOON hitting a $17 BILLION market cap two cycles ago — also on BNB chain btw — gives you a pretty good anchor for what's possible when BNB memes really catch fire
but don't make the mistake of thinking there will only be one winner
$MARSCOIN is the leader
there will be A LOT of other runners
and when BNB season really gets going, it goes violently
i suggest positioning accordingly
because i'd rather be early than be one of the people desperately chasing the runners after they've already gone 10x
75·AShort
n
news9/5news
Loracle added another 8M PONS to his short and is now short 17.4M PONS ($15.6M).
He is currently down $6.3M on the position and is still adding to it.
His CASHCAT position remains unchanged.
https://hypurrscan.io/address/0xefe4c06b6d310978bead596e1798a4fc1d9d194b
75·AShort
m
meme9/3meme
quote: I have earned more than $730 from this CASHCAT/USDG in 9 days. The Fee APR is great, but I care more about total PnL (in usd) than fees alone, since total PnL also accounts for cash-cat:native price action.
Fortunately, this meme is gaining a strong momentum on @RobinhoodCrypto chain. So my position can earn in 02 ways: (1) fees and (2) gains from CASHCAT token.
- My initial capital is $3,600
- My position value is $4,576
- Unrealized PnL = $976
At the time of writing, cash-cat:native is sitting at around $0.28. I've decided to move my Smart Exit on @KyberNetwork from $0.17 to $0.195 and use it as a trailing stop.
I would say this setup lets me sleep better than ever, even this meme can crash in the midnight. | This CASHCAT/USDG position has earned me $378 in so far.
The yield is juicy, and cash-cat:native continues to pump, from $0.18 (my entry price) to $0.24 at the time writing.
I decided to take this position further by compounding all fees back to the position. This could bring higher Reward, while the Risk is still acceptable thanks to Smart Exit feature from @KyberNetwork
How do I do it?
- Setup Smart Exit with condition: "This order is triggered when Price Pool =< $0.17"
- If CASHCAT suddenly drops night that threshold while I'm sleeping, the position will be remove completely to protect my remaning USDG inventory.
What a pity that Kyber doesn't allow to combine Zap-Out into a single token (in this case, it should be USDG) with Smart Exit. I would then have to manually swap all CASHCAT to USDG afterward.
But at least Smart Exit can stop my losses. And I can use this feature as a Trailing Stop if the pump continues over the next few days.