I wanted to discuss Trump's tariff & will also talk about S&P 500 (SPX). I will add some other issues as well.
Let's explain the tariff issue with a simple example first. A pant was made in Bangladesh costing 1000 taka. That same pant was also brought from India, costing 1000 taka. But when you apply a 25% tariff, its price will become 1250 taka. The plan in Bangladesh will remain at 1000 taka, but due to the tariff addition, the plan from India will become 1250 taka. There is no relation to money infusion with this.
With a strong initial accumulation of almost $1.5M USDC in less than 5 days, the JUP buyback program is gaining momentum. An average accumulation of $2M per week would translate to a significant $8M monthly buyback, potentially reaching almost $100M annually. You can buy it for short term profit. oull back to $1 soon $JUP
Can NEON Save $SOL DeFI? I think it can defintely be a catalyst. Post FTX collapse, $SOL defi is not the same as it was before, TVL has dropped astronomically. With Neon, now $ETH DeFI Dapps can now port over immediately to $SOL , here is a list (@CurveFinance is huge)
Now that Neon is launching , popular EVM dapps can essentially just copy paste their code into Neon and have a running dapp on $SOL , with no code changes, and at the same time benefit from @solana scalibility, low transaction speeds and TPS.
Lets start by explaining what EVM is. "EVM" is basically the way that smart contracts execute on $ETH , so all the Dapps on $ETH and other EVM supported chains can run. $SOL has not been EVM compatible, and Dapps have been built up from scratch.
🔸@MagicEden launched Open Creator Protocol (OCP) 🔸MagicEden partnered with @stripe 🔸@metaplex Royalties Update 🔸@Stepnofficial Genesis Shoebox Giveaway 🔸@DegenerateNews will be the first to mint on Magic Eden's launchpad