JamesT0lan
Making blockchain analytics easy. Find me on Twitter: jamest0lan
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Meme coins have been on a big run the past few weeks. Some believe it's the start of alt season other believe that this is a local top indicator 🤷♂️
BTC price overlaid with meme trading volume indicates it may be a local top 📊
Could this time be different? 😲
Let me know what you think below👇
BTC price overlaid with meme trading volume indicates it may be a local top 📊
Could this time be different? 😲
Let me know what you think below👇
What is "DYOR" and how does someone "DYOR"?
#DYOR means 'Do Your Own Research'. In other words, don't listen to what other people tell you.
If you want to buy a cryptocurrency, you should make these decisions based on information you can verify.
How do you DYOR? Use no code tools like DeFi Llama, Bubblemaps, Arkham or others. It can also involve coding tools like Dune Analytics.
Try looking up your first SQL course on Youtube there's plenty out there - start your journey as an on-chain analyst today!
#feedfeverchallenge
#DYOR means 'Do Your Own Research'. In other words, don't listen to what other people tell you.
If you want to buy a cryptocurrency, you should make these decisions based on information you can verify.
How do you DYOR? Use no code tools like DeFi Llama, Bubblemaps, Arkham or others. It can also involve coding tools like Dune Analytics.
Try looking up your first SQL course on Youtube there's plenty out there - start your journey as an on-chain analyst today!
#feedfeverchallenge
One of the most recent web3 trends is meme coins. Let's take a look at how much they can influence Ethereum revenue💰
Chosen meme coins: PEPE, SHIB, WOJAK, TURBO, BEN, POOH, SPONGE, MONG
Here's Ethereum revenue over the past 14 days with the chart below showing the % of Ethereum revenue attributed to 8 specific meme coins as mentioned.
On the day with the most meme coin volume, just 8 specific meme coins contributed to 22.8% of ETH revenue 🤯
On that day 22.8% of all gas spent involved transactions with these meme coins...
#feedfeverchallenge
Chosen meme coins: PEPE, SHIB, WOJAK, TURBO, BEN, POOH, SPONGE, MONG
Here's Ethereum revenue over the past 14 days with the chart below showing the % of Ethereum revenue attributed to 8 specific meme coins as mentioned.
On the day with the most meme coin volume, just 8 specific meme coins contributed to 22.8% of ETH revenue 🤯
On that day 22.8% of all gas spent involved transactions with these meme coins...
#feedfeverchallenge
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