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0xkyle__
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maybe we get a bybit ipo or smth
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0xkyle__
@0xkyle__
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tbh when u look at some of these valuations it's pretty obvious why crypto alts behave the way they do Blackrock: 152b ETH: 290b Airbnb: 80b SOL: 76b Jollibee: 4.4b PEPE: 4b Jetblue: 1.4b ARB: 1.4b i'd say crypto is a success at making magic money real tho
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my take is that if you're in crypto and looking at crypto equities, start thinking about the lines in which tradfi can use crypto that isn't explored / fully well understood because clearly the world doesn't understand circle whereas we understand it abit TOO WELL and got too fundamental the most obvious lines are - stablecoins - tokenised equities - perps - and maybe DeFi to be very honest, many PRODUCTS of crypto are good. their TOKENS, however, are not. In fact, i think that if a defi protocol (that's big) ever decides to IPO, i think it can run it up alot, vs their token as such, for tokens, i think the list is short, and imo the one i like the most is HYPE and then for stocks, you have CRCL / HOOD / COIN if anyone has any ideas, let's jam
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btw can someone tell me why for 4 years no one built tokenised equities after Mirror, and then suddenly everyone's building it now?
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do you still believe in alt szn
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why is no one talking about the fact that: - you can now trade oil and commodities on bybit - you can trade stocks on bybit - bybit also launched a dex on Solana ??
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