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SolanaLegend
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All of crypto Twitter watching @JamesWynnReal long 4000
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waiting to buy his liquidation
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People who sold their coins
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.@armaniferrante appreciation tweet One of the founders that is able to fully understand the big picture and execute relentlessly on the minutia @Backpack launched perps in January and now does $500m in volume on a Sunday with no incentives Much much more coming… Stay tuned
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So now, pump is competing with an actual casino @luckio which is reported to be spending 6 figures per month per creator The streaming business itself is quite unattractive outside of Douyin in China (from Bytedance) which has engagement rates of >85%, 600m DAUs and monetizes via micro transactions For @Stake, @KickStreaming is a loss-leader to allow content creators like @Trainwreckstv to stream gambling content Twitch was acquired by Amazon A stand alone streaming service has proven to be an unattractive and unprofitable business without a casino or microtx layer to monetize audiences Will creator coins and user generated assets be the hook? Only time will tell
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With Circle stock going nearly +700% since IPO, the game has completely changed. Any equity business with revenue, some semblance of a moat, and 2 years of audited financials is far better off going public via the traditional route TGEs simply cannot unlock this buy pressure
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War or not, ETFs are going to start getting approved
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