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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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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The past 12 hours have been the most brutal I have ever seen in crypto. I thought the Covid crash was the worst, but this was probably much worse- many big alts went down by 70–80% for a while due to a liquidation cascade.

Talking in numbers:
• Covid crash: $1.2 billion in liquidations
• FTX crash: $1.6 billion in liquidations
• Today: $30–40 billion in liquidations (estimated)

This is the biggest liquidation event in the history of crypto almost 30–40 times larger than the COVID crash of March 2020.

If you have survived this, kudos to you. If you lost significantly, all I can say is: be more focused, sit down, and assess what went wrong- how you could have played it differently and managed your risk better.
If you couldn’t survive, my empathy is with you. Please feel free to DM me- we can discuss and figure out ways to rebuild yourself and your confidence.

What’s next?
I’ve survived the BTC crash from $21k to $3k- a brutal time when all my belief systems were destroyed and my mind went blank. I survived the Covid crash, the Luna/FTX/3AC cascade and even the Trump tariff mania crash.

So, what I can tell you is: things will definitely get better over time.

What do we do now?
We reassess all our positions and slowly get rid of low-conviction ones. We look at all the tokens and see which ones were the strongest to bounce back. Ideally, focus on those with solid revenue streams and strong thesis/catalysts, and slowly redeploy into the market as we feel comfortable.

GL Degens, Stay sharp.

https://x.com/prateek0x_/status/1976914239609573382
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