real float is ~459M (~23% of 2B FDV). @coingecko shows 47% because it still counts the Foundation. If you carve the Foundation out of FDV too, the float/share of the rest is ~36%
so imo, if you trust the team (something you'll have to do either way with an RWA protocol like this), you can assume circulating supply is ~36%. The Foundation bucket could be burned tmrw and it would not change price action since it's already priced in.
solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp
$cards has awful fdv to circ ratio, and courtyard is a better product by a mile but its market leader because nobody else has a coin lol, they do, do alot of revenue but doesnt translate to buybacks or anything (yet)
$tcg is a newer startup but I like the team and think its alot fairer valuation and they recently won one of pump's spots in their hackathon
I dont know of any others and I dont know if any will end up doing amazing, may end up like NFT marketplaces where theres alot but none of the coins do great but I think a coin or 2 will do well if I had to pick right now, narrative / revenue is too strong for this sector right now
46
All you had to do was look at the numbers: $80k in daily revenue while sitting at a 20M– 25M FDV
Easy 20x @ponsdotfamily
Can degens still print just by staying active and trading underpriced P/Es?
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Shady retweeted
🚨The CEO of Coinbase just said something nobody's taking seriously enough.
AI agents will outnumber humans in transactions. Soon.
> "They can't open bank accounts. No ID. No SSN. Banks literally cannot serve them."
> "But they already own crypto wallets."
So the biggest economy of the next decade won't run through banks at all. It'll run through blockchains. Not because crypto won. Because banks physically can't onboard a customer that isn't human.
Banks weren't built for what's coming.
CHINESE AI COMPANY SURGES 100% AFTER IPO
Weird how no one’s talking about @minimax_ai and @zai_org - The two leading Chinese AI companies which Ipo’d last week,
Sitting at roughly $13-$14B Mcap right now
Based
We are revising our developer API policies:
We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform.
We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore).
If your developer account was terminated, please reach out and we will assist in transitioning your business to Threads and Bluesky.
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VLAD CONFIRMED ROBINHOOD + COINBASE LISTING
I knew this day would come chat🙏
#lighterspotonrobinhood
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“First of a few exciting announcements this week”
Robinhood + Coinbase listing incoming
Proud of the team for launching our mobile app! This is the first of a few exciting announcements this week.
We are also kickstarting trading competitions again, the first being the mobile-only trading competition with a 100,000 LIT prize pool.
xitter.gq/Lighter_xyz/status/201…
Shady retweeted
"L2s aren't generating fees for the L1, the L1 doesn't accrue value."
That's like saying, when Facebook launched mobile: "Facebook, you’re not charging money for mobile."
The more people used Facebook, the more valuable it became as a platform for advertising. Network effects kicked in, and today Facebook dominates advertising.
It makes sense to let the L2s grow and create a huge ecosystem. If this is where everything is going to be built, then the L2s will accrue significant value.
— @fundstrat
Shady retweeted
1 day to @eth_proofs
3 days to @eth_proofs
4 provers are proving every block, with @SuccinctLabs and @axiom_xyz probably joining soon.
Just wait till @KMayuravarma finds out about Perps trading....
Next James Wynn incoming🚀
W'sssss!!
Sprinter is a fire project, can't wait for the Lighter integration!!
@vnovakovski
Big news from us 💥
We’ve raised a $5.2M seed round led by @robotventures, with backing from @topology_vc, @AtkaCapital, A Capital, Bond St Ventures, & @UniswapLabsVC.
All to build the new credit layer for DeFi.
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EACH HYPURR NFT IS WORTH 1000 Hype ($46 000) The @HyperFND Holds 287 of these ($13 Million)
But look, they also own 1 @rekt_gang Nft - the first community on Hyperliquid. HUGGEEEE!!!
Hyperliquid.
opensea.io/0x50812d1d77027da…
Shady retweeted
Explanation of the current npm hack
In any website that uses this hacked dependency, it gives a chance to the hacker to inject malicious code, so for example when you click a "swap" button on a website, the code might replace the tx sent to your wallet with a tx sending money to hacker
But in your wallet you'd still see the bad tx and need to approve it, its not like you'll instantly get drained
Furthermore, this will only impact websites that pushed an update since the hacked npm package was published, as other projects will have the old version
And most projects pin their dependencies, so even if they push an update they'll keep using the old safe code
So your wallet is safe and the effective impact area is much smaller than "all websites", but since you cannot really know if a project pinned dependencies, or if they have some dynamically downloaded dependency (very unlikely), it's just safer to avoid using crypto websites till this blows over and they clean up the bad packages
Shady retweeted
Just some friends on a pawcast… totally not plotting global conspiracies. 👀🐾
HYPERCAST
Coming Soon
💧 Alpha flows here — @catbal , @tinyhypercats , @ADHD_HL , & @Hypaos breaking down Hyperliquid’s moves while debating pizza toppings. Markets + memes + mayhem = your new favorite space.
