Who knows honestly but I hate trading on "I hope something bullish happens"
The non mid curve play is to not look at the conference at all and buy good coins but trench liquidity is very mid curve
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Apparently rumours of grants for tokens and teams etc. Might look at Nansen for this. $5 million in fresh wallets buying $shroom might be a reason for that haha.
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boot's book of moderately ok analysis.
Ok did some data research and bid some $ASKR. It's an AI platform that aggregates usage under one roof for pay per use vs subscriptions. https://heyaskr.ai/how-it-works Very new coin though so we'll see. CA: 0xa92768863a55d8A0591709f7f5E594A249d36Ea3…
I sold this. I dunno why people aren't bullish because seems like a real product. Leads me to believe it's an elaborate scam.
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I talked myself out of this $PONS trade this morning but bought it back pretty quick because I want to hedge here.
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This is "hope" gambling. I "hope" Vlad says something amazing and makes PONS a mainstay in crypto. I "hope". This is not a confidence trade and if it doesn't work I will probably sell a lot of stuff and take 7 days off to reset then come back with a fresh mindset on making money.
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If I do a lot of buy/sells like this I know my confidence is not there so hence gonna touch grass after this conference.
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Data for y'all.
Fresh wallets (note not freshly funded soley as a criteria but can be dormant wallets etc) that counted towards inflows in the last 7 days on RH.
If there are ecosystem grants etc the data should be telling us something.
Fresh wallets (note not freshly funded soley as a criteria but can be dormant wallets etc) that counted towards inflows in the last 7 days on RH.
If there are ecosystem grants etc the data should be telling us something.
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I nibbled some $SHROOM. I think it makes the most logical sense as something RH would like to support. We shall see though. After being gaped recently I am not bidding anything big. My data shows strong - smart money inflows, and fresh wallet inflows. It's also a strong candidate re lower market cap than say something like cashcat that has good data points too. So better upside?
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Tomorrow is day 2 of the Hood summit which is the DeFi day. I am gonna sit on my hands (unrealised losses) and wait and see. If it is bearish I will admit it's Base 2.0.
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So there's no stream of day 2 which is annoying. Have to rely on X for news but seems like mostly everything is priced in already.