There are so many new wallets topped up with $48M-$50M USDC

There are so many new wallets topped up with $48M-$50M USDC / USDT a few hours ago just to ape into @PlasmaFDN 😖

#USDT #USDC

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poopmandefi

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It is true that monetary velocity is the purpose of blockchain in today's world.

Pumpfun is trying to raise at a price higher than monad? Great extraction btw I hope pumpfun go to 0.

The 4 apps below dictated my life after I touched crypto.

Pumpfun is generating 1.6x SOL network fees in the last 30 days. Perfect example of how apps are extracting more value and having a better rate of return than the protocol level (Higher risk too). Data from @DefiLlama and this app is free. Fat App Thesis.

The next wave of defi will be perps on top of anything that can express a direction. Only crypto folks is crazy enough to provide liquidity for that insane amount of yield.

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