In tradfi people underprice IPOs In crypto they overprice T | SolanaLegend on Binance Square

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In tradfi people underprice IPOs
In crypto they overprice TGEs
One chart is up only the other is down only

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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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many think crypto progress is a random walk, but even though the movements about the curve may seem stochastic, the trend is clear Crypto is transformative technology that will infect and redefine finance

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CT will chase yet another narrative This time, stablecoins

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