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The LOUD chart is basically one giant L

Is there any form of this that could have worked? IMO the experiment showed that there’s a lot of value in incentivizing participation on the timeline. Main issue is the primary source of revenue is trading fees. To make this work down the road - there needs to be something else added to the flywheel to incentivize holding (e.g. what it looks like loudio is trying to do with the CULT whitelist), or there needs to be a real product where the revenue feeding into the yapping leaderboard is being rewarded from rather than pure extraction via fees. There also needs to be something to reward a larger majority of the crowd past the IAO participation phase. Otherwise your largest holders are all just bitterly arguing over why they’re not in the top minority being rewarded.

I’m a man of my word - highest mcap for LOUD was $32.76M. Closest guess was $33M by @Nearko_ As long as something insane doesn’t happen by the end of the day, I’ll send it out to him tomorrow.

Have a degen options experiment I want to run: Put $20K and picked up a bunch of OTM $RIOT calls, mostly for January but with a few September ones mixed in. If Bitcoin does what I think it will through the end of the year, I’m betting we see another major squeeze in miners. The last major moves for RIOT aligned with BTC entering into price discovery above the previous cycles ATHs (similar to where we are now). When it moves - it moves fast. I’m considering adding and possibly doubling my position if we get another week or two of RIOT trading within the current price channel. Could easily see it pulling a 10x+ in a world where BTC is trading in the hundreds of thousands range (current mcap is only $3.8B). I’ll keep y’all posted on this throughout the year. Wish me luck.

Added some more $RIOT calls

$RIOT Have a feeling I might not get as long as I had hoped for to stack more calls while we trade under $10. Loading up another clip now. Hoping it clears before close.

Congrats to the Claynos. Over 97K Popkins packs minted. Most successful NFT mint I can remember in a long, long time. gl to everyone who participated

McDonald’s is bringing back the snack wrap instead of the McRib. The last time it was on the menu nationwide, people were still dreaming of one Bitcoin trading above $1,000.

If $SOL runs it back to $300 from here, what do you think happens next?

$ETH to $10K+ is a matter of when, not if.

up only soon

WIF and BONK both hit as high as ~$5B Why can't Fartcoin?

Don't sleep on $PENGU

#Bitcoin / $BTC LOAD THE NEXT LEG HIGHER

GOOD MORNING BULLS

Pretty cool seeing Moonbirds catch a bid after the acquisition news closing back in on 1 ETH. Have a feeling it’s the first of many NFT collections we see wake up, especially if the ETH / BTC ratio continues to climb.

I don’t know about you, but I love the color green.

OG generative art @Ledgart_io

$ID starting to rip another leg higher. Bullish for all Arena coins.