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riddle245
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People are taking victory laps calling out coins where their followers counts are almost 3x the liquidity
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riddle245
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Raydium got hit with the double whammy of now needing to compete with Pump fun with launch labs but also SolFi taking up a bunch of stablecoin volume as well
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All it took was some risk on chain, big ETH move and Aave absorbing a yard of PT-USDe and we back to printing now that USDe rate is creeping back up to 7%.
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Feels like everyone goes through phases Phase 1: I should just DCA Bitcoin Phase 2: Wow these alts are really outperforming and ppl are telling me to HFSP. Can’t get rich on BTC time to max allocate Phase 3: I should just DCA Bitcoin
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It is interesting to compare L1 FDV to the closest app FDV ignoring memes. Sui closer but no idea any stats on Deep For ETH WLD technically on OP, so can use Ondo(9B) SOL FDV - 100B Render - 2.5B FDV SUI - 37B Deep - 1.7B FDV Ethereum - 200B FDV Worldcoin - 11B FDV
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It’s still crazy to compare the SUI/SOL pair
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