Update - $SPORT staking.

I've had some DM's with the CEO of StaicySport.

I have also been contacted by an admin in their TG.

I am not sure if he's a team member or just a large investor.

The admin is saying "Be sure you (proverbial "you" I imagine) holding as many tokens as possible for when staking goes live in a few weeks.

He says when degen whales see #SPORT stakers earning $10k a month that they will buy the token with size.

Lets break it down a bit though.

Firstly they have mentioned that they will not disclose the percentage that will be allocated from dashboard subs to the revenue sharing.

So let's just do a hypothetical then.

Lets see they get to $100k in weekly subscriptions and they allocate 15% for revenue sharing.

Lets also pretend a normal investor has about 50,000 tokens. (about 0.05% of the supply)

Then we figure maybe 30% of the supply gets staked since a lot of the supply is locked up in vesting.

This normal investor would hold a 0.15% of the staking pool.

So $15k times 0.15% so a normal investor holding 50,000 tokens would earn about $22.50 per week.

That's about $1,170 per year.

I mean that normal investor is definitely not getting rich staking.

If the company is bringing in a lot more than $100k per month in subs or the % allocated to revenue sharing is much higher than 15% then maybe the average investor is making decent amounts of money here staking.

BREAKING: 🇺🇸 BitMine has bought 24,007 $ETH worth $82 million today.

You're panic selling and whales are panic buying.

Update - $SAN

The market looking bleak for memes today and yet San just doing it's thing up 11%.

The retest of the diagonal trend is done and lets see if we can push through that $8.2M horizontal resistance.

This project I believe will have many future catalysts where the price just 2-3x's in a short period of time.

If we can just maintain those pumps and not retrace that's when you can really cause FOMO to happen as those watching from the sidelines are like "it's not going to come back down this time" and they buy in higher.

#SAN fam strong.

Update - $MASK

The price is just staying in this $2M-$3M range while the overall meme market is pretty meh at the moment.

The thing with this project is that it has an active community and when the overall market turns that's when you will see the power of community.

#MASK stays on.

Update - $BOBO

The price is mostly sideways the last 8 days or so.

It's a good opportunity to buy here if you think the overall market is going to turn bullish.

When the market's cooking BOBO has some quick easy x's.

It will do it again, it's just a matter of when.

#BOBO Billions.

Update - $APU

Well it looks like another whale dumped a $50k block of tokens.

That pushed the project below the downtrend diagonal.

It'll likely just limp back through it tomorrow unless that whale isn't done.

These whales IMO are in self preservation mode as the overall market is weak.

When the market turns around projects with good communities will be the first to lead the charge.

Update - $SPORT

A nice bounce today as there were a few decent buys.

We also had another 130k tokens sent from the infamous [0x5008] wallet that holds 24% of the supply.

Those tokens started getting dumped an hour ago and they will likely continue over the next 12 hours.

Without the team / VC holding so many of these tokens the project would be probably over $20M but with all of these tokens continuously diluting the supply it's going to be a struggle until we find out how well the team does at selling subscriptions.

Projects like these can pump very quickly because of the thin liquidity but then slowly bleed out like we see with $AXGT and other similar projects where a large amount of tokens are vesting / held by team.

Isn't it funny when Paddy_Stash says something so stupid.

If he would have done the research he'd see that $POPCAT really only went down 14% on the daily.

Is he saying that $HOLD has never had a day where the price went down 20%?

Obviously he's not saying that but he didn't even look at the chart and just starts spouting shit after looking at some random post.

People ask why I don't like Paddy all the time.

I always say I have nothing against him personally but just the stupid shit he posts sometimes it's like WTF?

Update - $SAN

The thing about this project is that it's not really about the price.

It's still important because the higher the price, the more gets donated weekly to charity.

But the end goal with the project isn't about greed and that's probably why San Chan will pump really hard and not look back.

The community doesn't panic and you can't help but just love what @kantaro0925 does.

He's just so genuine and smiling all the time and that's why he's as popular as he is.

#SAN fam is in good hands.

Update - $BOBO

This market really reminds me of 2018 for alts/memes.

It goes back to last year even, things haven't pumped hard for a while.

There's a lot of dilution with pumpfun and bonk but I still think the memes that are used the most are going to catch bids.

WOJAK is getting a lot of attention and pumping and APU and BOBO are used in the same vein and I think the money flows back into these OG memes when the market is looking better.

#BOBO Billions.

Update - $MASK

Everyday this community is on
@X
raiding harder than any project out there.

You can't really complain about the effort.

That will translate to huge green candles, it's just a waiting game and this community is here for it.

That said we are green on a day of red which is always good.

#MASK stays on.

Update - $APU

Every time the price is about to push through resistance or there's some momentum these whales are dumping.

It seems to be one whale after another.

It's not really only in #APU but seems to happen a lot here.

It's a shame because this project has such a great community.

I don't 100% blame the whales because the market is straight up garbage and they are just in preservation mode but it's just not a good time for anyone when markets are bleeding out.

The community will keep pushing though as they always do.

JUST IN: $220,000,000 worth of crypto longs liquidated in the past 60 minutes.

@WatcherGuru

BREAKING: $300,000,000 worth of crypto longs liquidated in the past 10 minutes.

@WatcherGuru

Update - $SAN

There's a new meta going on right now.

New projects are being launched that are just copies of other projects.

This only strengthens my conviction in San Chan as we have the actual owner of the dog as our leader of the project.

Any project out there if you don't own the IP can be and will be copied.

There should be and I think will be a time where holders get sick and tired of their projects getting 'vamped' and they will search out the ones that cannot be copied.

#SAN fam can't be taken from us.

Update - $MASK

A possible double bottom here.

With everything that's happening in crypto, to only be down 0.45% is impressive.

The market just looks terrible and every time i think a bounce is coming it keeps falling.

I am not gonna predict when things turn around but just that i will stick with strong communities as they will be bounce hardest.

#MASK stays on.

Update - $APU

I wanna talk about the 'vamp' situation in crypto a bit.

I feel like this community combats it stronger than any other out there.

This community attacks those new projects and gets their @X accounts suspended fairly quickly.

I feel like this is a good way to keep these other projects from gaining steam.

The community here deserves a lot of green soon.

#APU frens are best frens.