Binance Square

pulsss

project research and shitpost // love ethereum
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Baisse (björn)
this ai project raised 17.5m and promised $14M (7%) to its community, but in reality ? less than $350k given out as airdrop (0.23%) $30k extracted back as claiming fees highest airdrop claim ranged between $500-800 now team is running another $55k campaign to farm people and cover all of this up yknow how its gonna end $PRL
this ai project raised 17.5m and promised $14M (7%) to its community, but in reality ?

less than $350k given out as airdrop (0.23%)
$30k extracted back as claiming fees

highest airdrop claim ranged between $500-800

now team is running another $55k campaign to farm people and cover all of this up

yknow how its gonna end $PRL
pulsss
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Only 5543 people have claimed airdrop Perle Labs

That's why you not eligble

Team has taken everything

$PRL
{alpha}(560xd20fb09a49a8e75fef536a2dbc68222900287bac)
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Hausse
In traditional markets, the Price to Sales ratio is one of the most basic valuation benchmarks The S&P 500 trades at roughly 2.5–3x revenue on average High growth tech names routinely command 10 20x A SaaS company growing 30%+ year over year at sub-1x P/S would have every fund manager on the planet reaching for their checkbook Now look at crypto $PUMP - $1.09B in protocol lifetime revenue. Market cap: $622M. That’s a P/S ratio of ~0.57x. The bulk of this revenue was generated in the past year. $JUP: $404M in revenue. Market cap: $559M. P/S of ~1.38x. Better, but still a fraction of what any traditional business with this kind of throughput would command $CAKE - $675M in revenue. Market cap: $457M. P/S of ~0.68x. Again, trading below its own revenue In any other asset class, a sub 1x P/S ratio signals either a dying business or a market that has completely mispriced it These are neither. These are protocols that generated hundreds of millions to over a billion dollars and most of it recently The outlier here is $HYPE $1.06B in protocol revenue, $10.1B market cap That’s roughly a 9.5x P/S ratio, the only one in this group that reflects how traditional markets would price a high growth, high revenue business. And even that doesn’t include chain revenue The disconnect is hard to rationalize These aren’t speculative pre product tokens These are functioning businesses with real, verifiable, on chain cash flows trading at valuations that would make even the most bearish TradFi analyst pause The market is either not paying attention or fundamentally does not know how to value revenue generating protocols yet Either way, the numbers don’t lie
In traditional markets, the Price to Sales ratio is one of the most basic valuation benchmarks

The S&P 500 trades at roughly 2.5–3x revenue on average

High growth tech names routinely command 10 20x

A SaaS company growing 30%+ year over year at sub-1x P/S would have every fund manager on the planet reaching for their checkbook

Now look at crypto

$PUMP - $1.09B in protocol lifetime revenue.

Market cap: $622M. That’s a P/S ratio of ~0.57x. The bulk of this revenue was generated in the past year.

$JUP: $404M in revenue.

Market cap: $559M. P/S of ~1.38x. Better, but still a fraction of what any traditional business with this kind of throughput would command

$CAKE - $675M in revenue.

Market cap: $457M. P/S of ~0.68x. Again, trading below its own revenue

In any other asset class, a sub 1x P/S ratio signals either a dying business or a market that has completely mispriced it

These are neither. These are protocols that generated hundreds of millions to over a billion dollars and most of it recently

The outlier here is $HYPE

$1.06B in protocol revenue, $10.1B market cap

That’s roughly a 9.5x P/S ratio, the only one in this group that reflects how traditional markets would price a high growth, high revenue business. And even that doesn’t include chain revenue

The disconnect is hard to rationalize

These aren’t speculative pre product tokens

These are functioning businesses with real, verifiable, on chain cash flows trading at valuations that would make even the most bearish TradFi analyst pause

The market is either not paying attention or fundamentally does not know how to value revenue generating protocols yet

Either way, the numbers don’t lie
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Governments have left over $25 BILLION on the table by selling Bitcoin too early US: 195,091 BTC sold for $366 million → worth $13.5 billion today Bulgaria: 213,500 BTC sold for $3.2 billion → worth $14.7 billion today Germany: 49,858 BTC sold for $2.88 billion → worth $6.3 billion today Bulgaria's missed profit alone would have covered almost its entire national debt Combined they cashed out $6.4 billion Today it would be $34.5 billion Tim Draper bought 29,657 of those US auction coins in 2014 for $19 million and never sold → worth $2 billion today
Governments have left over $25 BILLION on the table by selling Bitcoin too early

US: 195,091 BTC sold for $366 million → worth $13.5 billion today
Bulgaria: 213,500 BTC sold for $3.2 billion → worth $14.7 billion today
Germany: 49,858 BTC sold for $2.88 billion → worth $6.3 billion today

Bulgaria's missed profit alone would have covered almost its entire national debt

Combined they cashed out $6.4 billion

Today it would be $34.5 billion

Tim Draper bought 29,657 of those US auction coins in 2014 for $19 million and never sold → worth $2 billion today
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Hausse
The Fed printed $4.7 TRILLION in 2 years and called Bitcoin the problem Fed balance sheet in January 2020: $4.2 trillion By 2022: $8.9 trillion They printed $4.7 trillion in two years The largest money supply expansion in US history Bitcoin supply increased in the same two years: Zero Bitcoin went from $6,000 to $69,000 The dollar lost 20% of its purchasing power Bitcoin pumped 1,000%
The Fed printed $4.7 TRILLION in 2 years and called Bitcoin the problem

Fed balance sheet in January 2020: $4.2 trillion

By 2022: $8.9 trillion

They printed $4.7 trillion in two years

The largest money supply expansion in US history

Bitcoin supply increased in the same two years: Zero

Bitcoin went from $6,000 to $69,000

The dollar lost 20% of its purchasing power

Bitcoin pumped 1,000%
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Back in 2011 one of the only ways to buy Bitcoin was through a video game There were almost no exchanges and most of them didn't work So people used VirWoX, a platform built to trade Linden Dollars which was the currency inside the game Second Life You had to buy Linden Dollars with real money then trade the Linden Dollars for Bitcoin VirWoX became the world's oldest Bitcoin exchange after Mt. Gox shut down and didn't close until January 2020 $BTC #BitcoinPrices {spot}(BTCUSDT)
Back in 2011 one of the only ways to buy Bitcoin was through a video game

There were almost no exchanges and most of them didn't work

So people used VirWoX, a platform built to trade Linden Dollars which was the currency inside the game Second Life

You had to buy Linden Dollars with real money then trade the Linden Dollars for Bitcoin

VirWoX became the world's oldest Bitcoin exchange after Mt. Gox shut down and didn't close until January 2020

$BTC #BitcoinPrices
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Hausse
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DCA and chill if you're an investor. Bitcoin will break ATH, then ETH follows. Alts and memes will send 10-100x. Stay BULLISH. Whales will try to shake you out, don’t fall for it. The real money is in patience. #BitcoinPrices $BTC
DCA and chill if you're an investor.

Bitcoin will break ATH, then ETH follows.

Alts and memes will send 10-100x.

Stay BULLISH. Whales will try to shake you out, don’t fall for it. The real money is in patience.

#BitcoinPrices $BTC
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#bitcoinprices $BTC On average, around now is when #Bitcoin continues its decline in midterm years.
#bitcoinprices $BTC On average, around now is when #Bitcoin continues its decline in midterm years.
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Unemployment rate rising Geopolitical conflicts rising Price of oil rising Inflation rising Airport travel collapsing Bitcoin dropping Stocks dropping All business cycles must come to an end, and it usually ends with a recession.
Unemployment rate rising
Geopolitical conflicts rising
Price of oil rising
Inflation rising

Airport travel collapsing
Bitcoin dropping
Stocks dropping

All business cycles must come to an end, and it usually ends with a recession.
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The guys that most confidently say the bears are wrong are the same people who told you BTC would be at $300k in 2025. $BTC #bitcoin
The guys that most confidently say the bears are wrong are the same people who told you BTC would be at $300k in 2025.

$BTC #bitcoin
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THE DOLLAR WILL CRASH AND BITCOIN WILL PUMP Mark my words. Global money supply keeps exploding. Bitcoin is lagging behind the M2 chart. It always follows M2. ALWAYS. Since 2000, M2 is up over 4x. Trillions created out of nothing in just the last few years. It only moves in one direction. Up. That’s the system. Any currency loses value. Assets don’t get expensive. Your money gets weaker. Saving in fiat is a guaranteed loss. Over 80 percent of USD was created in recent years. Let that sink in. New money is printed. Your purchasing power is erased. Again and again. Holding cash means accepting dilution. There are only two assets that escape this: 🟠Bitcoin fixed supply 21 million 🟡Gold supply grows ~1.5 to 2 percent per year Everything else is priced inside an expanding system. Many people will wish they followed me sooner. $BTC
THE DOLLAR WILL CRASH AND BITCOIN WILL PUMP

Mark my words.

Global money supply keeps exploding.

Bitcoin is lagging behind the M2 chart.
It always follows M2.
ALWAYS.

Since 2000, M2 is up over 4x.
Trillions created out of nothing in just the last few years.

It only moves in one direction.

Up.

That’s the system.

Any currency loses value.

Assets don’t get expensive.
Your money gets weaker.

Saving in fiat is a guaranteed loss.

Over 80 percent of USD was created in recent years.

Let that sink in.

New money is printed.
Your purchasing power is erased.

Again and again.

Holding cash means accepting dilution.

There are only two assets that escape this:

🟠Bitcoin fixed supply 21 million

🟡Gold supply grows ~1.5 to 2 percent per year

Everything else is priced inside an expanding system.

Many people will wish they followed me sooner.

$BTC
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Me and monad testnet - 10,000+ transactions - hold 100+ types nft - visit 110+ dapp - 8,000 mon testnet - begging for mon testnet - joined 100+ discord nft/dappp on monad - 3 hours each day - spend 5 months The result received is "no eligible" That was also my first lesson $MON
Me and monad testnet

- 10,000+ transactions
- hold 100+ types nft
- visit 110+ dapp
- 8,000 mon testnet
- begging for mon testnet
- joined 100+ discord nft/dappp on monad
- 3 hours each day
- spend 5 months

The result received is "no eligible"

That was also my first lesson

$MON
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If everyone is bearish then why does every bearish take get flooded with pushback Every time I post a bearish view I get hundreds of comments saying I will be wrong Influencers tweet about me weekly saying BTC follows M2 or that we are in a supercycle Join any space and I get labeled a doomer just for saying midterm years are usually weak It is easy to say everyone is bearish but the positioning and sentiment say otherwise A lot of influencers missed the top and now want the market to bail them out Others pushed altcoins for years expecting alt season and now search for reasons price cannot go lower Social interest in crypto is still trending down Monetary policy is still restrictive Macro headwinds remain into the first half of 2026 Historically BTC tends to form lows around February in midterm years Then we get a countertrend rally for a few weeks After that the market often rolls over again Narratives change Cycles usually do not Look at the reactions to any bearish post and it is clear Positioning still leans more bullish than people want to admit $BTC $ETH #BTC #bitcoin #Ethereum
If everyone is bearish then why does every bearish take get flooded with pushback

Every time I post a bearish view I get hundreds of comments saying I will be wrong
Influencers tweet about me weekly saying BTC follows M2 or that we are in a supercycle
Join any space and I get labeled a doomer just for saying midterm years are usually weak

It is easy to say everyone is bearish but the positioning and sentiment say otherwise

A lot of influencers missed the top and now want the market to bail them out
Others pushed altcoins for years expecting alt season and now search for reasons price cannot go lower

Social interest in crypto is still trending down
Monetary policy is still restrictive
Macro headwinds remain into the first half of 2026

Historically BTC tends to form lows around February in midterm years Then we get a countertrend rally for a few weeks
After that the market often rolls over again

Narratives change
Cycles usually do not

Look at the reactions to any bearish post and it is clear
Positioning still leans more bullish than people want to admit

$BTC $ETH

#BTC #bitcoin #Ethereum
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TGE for $PRL was today, and so far the chart looks good, up 42% and currently sitting at +26%. Coinbase also announced the launch of $PRL futures and spot trading + the usual CEX/DEXes. The company is developing a sovereign AI data infrastructure and has already achieved enterprise‑level revenue. PerleLabs secured $17.5M in funding, led by Framework Ve ntures and CoinFund, positioning itself alongside peers such as Vana and Sahara AI in the fast‑growing AI data economy. {alpha}(560xd20fb09a49a8e75fef536a2dbc68222900287bac)
TGE for $PRL was today, and so far the chart looks good, up 42% and currently sitting at +26%. Coinbase also announced the launch of $PRL futures and spot trading + the usual CEX/DEXes.

The company is developing a sovereign AI data infrastructure and has already achieved enterprise‑level revenue.

PerleLabs secured $17.5M in funding, led by Framework Ve
ntures and CoinFund, positioning itself alongside peers such as Vana and Sahara AI in the fast‑growing AI data economy.
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I'm so bored I'm actually looking forward to the next wale commentary highlighting $BTC 0.7% move in the last 24 hours {spot}(BTCUSDT)
I'm so bored I'm actually looking forward to the next wale commentary highlighting $BTC 0.7% move in the last 24 hours
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$MON is up 60% since early February, completely ignoring the choppy market. Every time a high-speed L1 starts running, the timeline fills with comparisons to ETH and Solana. People debate if $MON is the next breakthrough or just a well-marketed scam. It honestly doesn't matter. You simply don't fade the shiny new toy when it has this much momentum.
$MON is up 60% since early February, completely ignoring the choppy market.

Every time a high-speed L1 starts running, the timeline fills with comparisons to ETH and Solana. People debate if $MON is the next breakthrough or just a well-marketed scam.

It honestly doesn't matter. You simply don't fade the shiny new toy when it has this much momentum.
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