DEXLaboratory

Where are the $ETH enjoyooors?

What LowCaps did you load up?

We've been here before, crypto markets pricing in all the uncertainty related to global situation.

Daily TF hitting oversold levels on $ETH again

Few bids got filled on $TAO and several LowCaps

More bids await

I have just finished a long call with ceo of @avm_codes - @Iamkanenas about how the progress is going to look like in the coming months

Could not be more bullish on the future of the project

We get to be part of it - at the very start - enjoy it

Do you know what's the rare beauty of $AVM launch?

People being loud about it and telling you they bought -they actually did

Strategic round was very tight, smaller tickets and mostly directed towards key figures that aim to get this @avm_codes to the next level in longer term - that includes me too as person that incubated the project for launch and aims to help to scale it

I think I spun that Popcorn Machine a bit too many times, burned way over 500K of $SANDY by myself

No PSG1 or @playsolana NFT yet, hunting for those - may @0xjaynfts bless the machine and gimme the grand prize

I bought more $TAO

Daily HARSI hitting 🟢, if we go lower I expect 2nd box to be swept with some wicks below if someone fat fingers on thin orderbook

Time to stake and chill, thanks

Subnet Tokens once again hitting super low sentiment, while $TAO is on correction and soon to hit oversold levels on daily timeframe

I'm looking at that HARSI to hit greens again to buy more of it

Meanwhile:

$TAO Root APY 15%~
Subnet Tokens APY 80-120%~

DCA-Ing part of my Root stake into the Alpha Tokens gradually, currently:

- 82% Root
- 18% Alpha (Various subnets)

This will be an interesting ride.

How many influencers do you know are actually talking about the projects because they really believe in them (due to vision, value prop, product etc.)?

Not talking paid deals (which is not wrong to be clear, that's how you also get more eyes on niche projects at start, it's quite crucial in most cases), but sheer belief (and obviously properly sized bags, as you expect from conviction bets)

I'll start with biggest high conviction bull out there in the space:
$BTC - @saylor "There is no second best"

This is one of the OG sketches for my character and community that was done in 2021 showcasing a student coming to learn more

Were you around back then? What was your focus back then?

It used to be BNB season back then, DeFi Summer, farms & staking, insane ponzi APRs, PvP levels with low level weapons (tools)

Mine was @DeFiKingdoms - I have discovered it when the JEWEL token was sub $1 and rode it all the way up to $20+ while farming various pools on insane %APY

I wish I could tell you to fade Bittensor $TAO and the subnets, but I can't.

Most of the supply remains staked, and liquidity on exchanges tends to be shallow at times (creating great opportunities for well placed stink bids)

It is still early stage for the network imo, and most of the people still do not get how it works at all. I've met people that have been in this space for years, and they were not aware of its existence even.

We are all apes that love a good story

You cannot capture an audience for longer, if the story you are telling is not sufficiently compelling

How many times did you see a ticker being hyped, but when you have a look you have zero idea wtf is it all about and you decide to skip it, or worse ape it only to realise shortly after it's just a LARP and you've been an exit liquidity

Many start-ups fail to realise this when they use complicated tech talk instead of making it simple enough for you to understand (LARPS especially), then they wonder why nobody sticks around longer than a quick game of roulette (but hey, LARPS will still outplay you, since the game is rigged from start, especially if KOLs give them enough traction to win you over)

Seek start-ups that want you to understand what they build or value they are creating and they wish for you to be a part of that movement, instead of laser focusing on the price going up, regardless how technical they are - thats how you can build conviction and increase the asymmetry, especially with LowCaps

GM

The amount of 'utility' extractors LARPing as a real thing launching lately is baffling.

I believe just in past 2 weeks I've seen 10M$ extracted in tax, that is unlikely going to any development

If you actually INVEST or want to believe in something - Seek quality, or get extracted by the same teams all over again, as these projects simply won't last

Researching $TAO subnets in between tasks - if you already aped, tell me which one and why did you bet on it

If you have a good research to link, include it

I will be covering them in extent over next weeks and getting exposure

LowCap Game is extremely volatile by default - you have to embrace it, sometimes you will be the exit liquidity, that's just the way it works

$TAOBOT is prime example of giga growth, then massive dump, only to go back up again - product development & great backing mixture played its part

Multiple LowCaps have this setup, some are missing one of the two elements, but what happens when it is placed in the right spot? You know it

Look for them yourself, utilize tools like @Protokols_io to scan projects for their largest backers, or to scan KOLs themselves to see which projects they have been backing, and for how long, how their price behaved over time

Just do that bit of work, put that effort in, over time it really pays off, at least it did for me so far

Week has passed in snap of fingers.

Lots of side events attended, main Token2049, plenty meetings with teams in more relaxed settings as well as meetings with KOLs - putting face to those images

Cheers, there is a lot of work to be done, but I have to say, I start to feel its time to crank it up a notch.

Realised few things about scaling like bottlenecks that projects are facing and potential solution how to get rid of them.

If it works out, Ill actually feel more safer betting certain projects than I am now

Regardless of it all - I feel AI is still in early stage, and capabilities are tremendous. Look out for LARPs in this casino, so you dont end up donating to the house again.