Simonon

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Crypto people yesterday: it’s so over, I am exiting the market, I can’t take this anymoreCrypto people today:
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Posted this yesterday and thought it would take 6–8 weeks. Turns out it took one day.Even better, all the pain wrapped up in a single ruthless candle.Bottom is in.
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gm to my 7 followers who haven’t capitulated yetI appreciate you
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gm to all my cockroach internet frens surviving this market for 4+ yearsGenuinely insane how many of you are still here after everything this market threw at us. New ATHs will come, and you’ll have earned them.
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gm to my 7 followers still reading this because they haven’t left for Moltbook yetI appreciate you
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Insane blow-off tops across precious metals, casually wiping out a few trillions.Who could’ve seen that coming lol.Risk on rotation into crypto about to begin.
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gm to absolutely everyone except all the Moonbirds and SBT holders still whining about the $BIRB airdrop It’s hilarious because your own stupid farming behavior is exactly why they even had to go with such a structure.You’re the reason we can’t have nice things.
BIRB28,02%
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gm to absolutely everyone except those buying the current precious metal blow off topwhy do you love pain so much?
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Memecoins are back
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gm to all the crypto believers and permabulls who remain committed to their vision for this industry, no matter what.Big week ahead.
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It seems we’re simply not meant to get a single week without drama, where prices can breathe and recover.Expect more volatility and uncertainty in the market, courtesy of the clown show called the US government.
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gm to absolutely everyone except those trying to overintellectualize a penguinMight be time for you to touch grass again.
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Needed to onramp some fiat through my company.Logged into Kraken for the first time in a while, account suspended, no explanation. Support hasn\'t responded in over a week. Went to Coinbase instead, they wanted a $5k fee upfront just to start the KYB process. CEXs are so fcking cooked it\'s ridiculous.
MY-1,47%
IN19,15%
COINON7,24%
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Incredible stats, happening in real time.\n\nMegaETH is looking gud here.
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Bearish on founders who are indecisive.\n\nIndecision doesn’t just kill speed and efficiency, it’s also a sign of weak character.\n\nReal personal growth happens when you take ownership of a mistake. If you\'re always „waiting for more info“, you\'re just avoiding the discomfort of being wrong.\n\nBut long-term, the cost of being wrong is much less than the cost of doing nothing.\n\nDecide or die.
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After many years in venture capital, one thing still bothers me:\n\nThe best teams don\'t always raise the most. The best storytellers do.\n\nI\'ve watched incompetent founders close massive rounds because they knew how to sell a dream. Meanwhile, exceptional builders struggled for months or even years because they focused on product instead of pitch.\n\nCapital markets are not meritocratic. Never were. Probably never will be.
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gm to my 7 followers that are still bullish.
What used to be the consensus is now a contrarian take.
And that’s exactly why you’ll win.
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Just got off a call with some very well-known crypto VCs in the space.
At some point, one of them surprisingly said:
"We don't touch any token investments at the moment. Plus we're not willing to take on any vesting risk anymore. The token market has never been as terrifying as it is today."
I don't agree with this take, but I do understand where he's coming from. However, much more so it tells me a lot about where we are right now.
Sentiment and trust in crypto have never been this broken. If crypto native VCs - the people who've been here for a decade, who built this industry - are losing f
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Major launchpads like PumpFun, Zora etc have now pumped out over 28 million unique tokens.
The aggregated mcap for all of them is around $3.2B.
We’re looking at an average mcap of $113 per token.
Read that again. Not $113 million. $113.
The trenches are dead.
Bullish.
ZORA-0,18%
TOKEN2,36%
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