Musing Mind trading Journal
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I post my thoughts, research and Mind musings about my trades here. DYOR, NFA. Some are highly degen plays.

DM at @Prateek_0x

Twitter: https://x.com/Prateek0x_
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People are not giving attention to the $USDF stablecoin on $ASTER. That's Ethena's competitor.

About $370M USDF already minted. It creates a flywheel for ASTER.

Aster's flywheel with $USDF lets users deposit USDT to mint USDF, stake it for ~15-16% APY via asUSDF, and trade on Aster's perpetuals exchange for $ASTER airdrop points, fees, and multipliers. This loop turns idle capital into productive assets, boosting trading volume, protocol revenue, and token demand through reinvested yields and buybacks.
https://x.com/Prateek0x_/status/1975188094631780762
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Musing Mind trading Journal
A coin trading at just $18M market cap- quietly building one of the most ambitious fintech stacks on Base. The closest public proxy to Canton ($20B+), trading at roughly 1/1100th the valuation. Its flagship app, a privacy-first wallet, serves as the first…
$SEND is doing well. Been curling up slowly. Up like 40% for us so far with size.

The founder had a very bullish space yesterday. Some of the key takeaways from it are:

$SEND onboarding 25% of Canton's network:
Enabling privacy features and positioning Send as a consumer gateway (via Canton Wallet), with Send onboarding 25% of Canton's network in the past week, and acting as a "privacy stack" similar to Consensus for Ethereum.

Privacy-first stablecoin (Upcoming):
Upcoming iOS/Android apps, integration of privacy into Send App via Canton Wallet, and launch of CUSD (privacy-first stablecoin) plus an affiliate program which offers on-chain revenue sharing.

Rewards Program:
Send Rewards system (since late 2024) rewards for holding, transactions, referrals, and multipliers.

Tiered Verification and CC Rewards (Upcoming):
To make verification more accessible amid rising prices (~$0.05-0.06 per Send), plans include lowering thresholds with tiers (2K, 4K, 6K, 8K Send) offering proportional "CC drips" (Canton Coin rewards), while maintaining 8K for full Send Rewards; requirements are increasing monthly (e.g., holding from 6K in August to 10K in December).

Bullish $CC Tokenomics:
Canton's model (no pre-mine, app awards for builders over 8+ years) is praised as superior to other L1s, with Canton trading only in OTCs at ~$0.18-0.20 and potential for significant upside; Send is aligned for growth without VC overhang.

Link to the spaces:
https://x.com/ethentree/status/1974892101096890455
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$SEND It 🚀
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Aped a bit here at $2M. Its being shilled as Fartcoin of Bsc. its a 2 month old coin suddenly pumped hard. so good RR to gamble

https://dexscreener.com/bsc/0x338ede32ef54b28a9a755d07144b4a7061dd4444

https://www.binance.com/en/square/post/17594744781497

https://www.binance.com/en/square/post/20867168560593

CA: 0x338ede32eF54b28a9a755D07144b4a7061DD4444
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Musing Mind trading Journal
Aped a bit here at $2M. Its being shilled as Fartcoin of Bsc. its a 2 month old coin suddenly pumped hard. so good RR to gamble https://dexscreener.com/bsc/0x338ede32ef54b28a9a755d07144b4a7061dd4444 https://www.binance.com/en/square/post/17594744781497 …
Holy shit. so basically Air Coin is a slang in chinese for a worthless cryptocurrency that has no real project, technology, or use case behind it- just hype.

This is like Useless of BSC. Also, its an old coin.
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Air coin strong. some big buys coming
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GM Aircoin enjoyerrrs..

This seems like 50-100M narra ngl.
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Forwarded from GWB
I don't think it's a beta indeed, but is's a funny hybrid of concepts
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I think we might see some billion-dollar meme coins coming out of BSC.

So far it has been BSC/Binance-themed coins like 4, 币安人生, Palu has been running hard.

I think there will be some general/normie-friendly tickers gonna get added to the top runners list.

If Aircoin survives this wave of rotating capital it has a good chance of being one and if not. It was all air anyways.

https://dexscreener.com/bsc/0x5e34f8cd2a9178c2fdccdf7ce19e49a419c35a29
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Ok. I found something really really interesting. Holy fuck
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GCR whatta G
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Hey CZ. Thanks for vamping your own chain’s meme runners with a new shitty launchpad format where Binance users can dump on the whole world. Trenches will remember 😭
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Found something very interesting on Base. Posting my research soon.
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Found a good competitor to Railgun ($270M)/Zcash ($3.5B), both of which are being shilled by Vitalik and Naval

Sitting at just $6–6.5M MCap, backed by Base Eco Fund/Coinbase Ventures.

$VEIL is a Base-native privacy protocol using zk-SNARKs, where verified users (Coinbase Onchain Verification, Binance BAB, Ethos reputation) can deposit, send, and withdraw privately.

Privacy Stack Comparison:
Both Veil cash and Railgun ($270M FDV) leverage zk-SNARKs for private DeFi on Ethereum-compatible chains:
• Veil cash → Base-native, simpler UX, lower fees, verified users
• Railgun → Multi-chain, more complex, higher fees
• Zcash → Separate L1 using zk-SNARKs for shielded txns; strong privacy but high gas & low composability

Backing:
Backed by Base Ecosystem Fund / Coinbase Ventures.
https://x.com/Veildotcash/status/1900225372374831351

Social Proof:
• Followed by Base handle, Jesse (Base Lead), multiple Coinbase/Base team members, Alliance DAO founder, Scroll founder, and other top-tier accounts.
https://x.com/Veildotcash/followers_you_follow
• Founder Apex is also followed by: Base, Bankless founder, Horse, 0x Project, ZapperFi, Scroll, Syndicate, Definitive, Messari, Polymarket, Aerodrome, Framework Ventures, Eigenlayer, and more.
https://x.com/apex_ether/followers_you_follow

Narrative Fit:
Ethereum Foundation has been actively pushing privacy protocols, and Veil fits perfectly into this emerging meta.
https://x.com/ethereumfndn/status/1975955009826386208

Recognition & Partnerships:
• Mentioned on Bankless alongside Tornado Cash & Privacy Pools
https://x.com/apex_ether/status/1974527555404526011
• Partnered with Maestro Bot
https://x.com/MaestroBots/status/1971620796876366199
• Integrated with Ethos Network
https://x.com/ethos_network/status/1971281265971298479
• Featured on EthOS Phone
https://x.com/apex_ether/status/1970499527481147812
• Built a mini app on Farcaster
https://x.com/Veildotcash/status/1958985518856708517

TL;DR:
Base-native privacy primitive backed by Coinbase Ventures, already tied into Base’s growing ecosystem and on-chain identity stack (Coinbase Onchain, BAB, Ethos).
If privacy meta catches hard-
Veil cash could be the compliant, retail-friendly privacy layer for Base.
At $6–7M MCap vs. Railgun’s $270M and Zcash’s $3.5B, the asymmetry is 🔥

https://dexscreener.com/base/0x7f1a5b66ba3bb56c4b68cfc353a5e041c9763a4c

CA: 0x767A739D1A152639e9Ea1D8c1BD55FDC5B217D7f
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It's clearly privacy meta. $VEIL is leading the charge. But I feel it might still be very early and it goes up much higher.

Coinbase-backed privacy coin at $15M seems too cheap if you compare it with main runners like Railgun, Zcash, Dash, etc.

https://x.com/Veildotcash/status/1900225372374831351
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$VEIL men
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