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things I mumble to myself about crypto basically my transparent crypto diary education, analysis, and trades 🙂 Twitter: https://twitter.com/dpycm Medium: https://medium.com/@dpycm #wagmi

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Crypto Mumbles

https://fxtwitter.com/arthur_0x/status/1823302623199682942?s=46&t=9Sfxq7dxzJuHgumeJj1R2g

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Crypto Mumbles

Momentum keep going on L1s, opened many longs

Which lead me to think we see a come back on utility tokens on ETH, before another massive round for memes

Objectively some valuation of utility tokens on eth are bear market like, could be incredible opportunities

Anyone who thinks utility is dead forever is a simple retard, crypto is the proxy to all tech

Meanwhile SOL is a deadly battlefield rn with max extraction and majors memes are not especially doing well

Majors memes on eth are not doing well too but we got some strong runners

Many opportunities around

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Crypto Mumbles

​​Intent-centric Ethereum L2 Essential raised $11M in a Series A funding round led by Archetype, with participation from IOSG Ventures, The Spartan Group, Mirana Ventures, Amber Group, Maven 11 Capital, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini Capital.

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Crypto Mumbles

theiphawk/post/C-nDV_yOTvn/" rel="nofollow">https://www.threads.net/@theiphawk/post/C-nDV_yOTvn/

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Crypto Mumbles

71 L2s
20 L3s
82 upcoming ones

Who's gonna buy all these?

https://l2beat.com/

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Crypto Mumbles

August 2024 is set to release nearly $1.5 billion worth of tokens across various projects.

The most significant unlocks involve team members, advisors, strategic partners, and community development funds... add to your watchlist.

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Crypto Mumbles

tia hated rally?

fudders fudded, sellers sold

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Crypto Mumbles

pepe looking for a reclaim as well

it doesnt suffer from meme dilution like sol memes and itll probably leap again soon if market stabilizes

adding pepe longs, cutting if it sustains below 0.8

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Crypto Mumbles

deBridge announces token ($DBR)
- 10b supply, 18% liquid supply at launch
- 6% airdrop to Season 1 points holders
- Standard: SPL token on Solana

Airdrop Checker
https://debridge.foundation/

Source

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Crypto Mumbles

#resource

https://x.com/0xkyle__/status/1821931638659428822

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Crypto Mumbles

extractions and extractions

all while the liq pool remains the same

all so tiresome

so we just gonna keep repeating this until every meme is weakened

now you understand why i say one last leg unless true retail comes in

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Crypto Mumbles

bonk should be a good bid if we get a pullback

just speaking structurally

will set limit longs with small invalidations

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Crypto Mumbles

some trump coin sucking liquidity but i’m not very interested in it

will start my dca on sol memes

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Crypto Mumbles

i’ll be watching this pullback

probably set up a dca while slowly closing my shorts

really don’t wanna see momentum down revisiting lows

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Crypto Mumbles

current thoughts

idt we’ll revisit lows, but we’ll have a pullback (should be shallow)

that’s where i’ll bid

no change to my pf picks (sol memes)

as repeatedly shown by the market, memes will lead the bounce with sol being risk on indicator

as long as this stands, respect the pump and bite the trend

one more big leg to go for memes and ill exit majority and leave small bags

after i get my bid ill probably book a flight to touch grass again

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Crypto Mumbles

+

feels like next leg is only big cap or established memes at best

rest goes to util or quality alts

the top for memes would’ve been so obvious in hindsight (not all memes, but fresh launches)

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Crypto Mumbles

i really thought intents will have some form of limelight this cycle but uhhhh maybe next one instead

don’t think it’s very ready yet esp perp dexes

still cool to see an intent centric L2 tho

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Crypto Mumbles

https://x.com/whale_alert/status/1823331262808961321?s=46&t=9Sfxq7dxzJuHgumeJj1R2g

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Crypto Mumbles

https://x.com/milesdeutscher/status/1823191574907625530?s=46&t=9Sfxq7dxzJuHgumeJj1R2g

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Crypto Mumbles

Singapore’s biggest bank DBS rolls out blockchain-powered ‘treasury tokens’ pilot

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Crypto Mumbles

https://x.com/degentradinglsd/status/1822957022893244906?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

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Crypto Mumbles

actually a lot of L1s have very good set ups rn

i think a temporary L1 outperformance might be it

pure sentiment and rotation

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Crypto Mumbles

bonk limits filled

nice small bounce so far

wanna see if i can swing this up in the coming days/weeks

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Crypto Mumbles

Ethereum ETF volumes dwindle as they struggle to break $150M in trading volume today: Market

🔗 link

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Crypto Mumbles

https://x.com/0xMughal/status/1821884027575660556

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Crypto Mumbles

Eric Trump: "Beware of fake tokens! The only official Trump project has NOT been announced!": Tweet

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Crypto Mumbles

https://fxtwitter.com/web3quant/status/1821547981352427782

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Crypto Mumbles

https://fxtwitter.com/justdeauit/status/1821191664154644804?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

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Crypto Mumbles

if you’re down, don’t give up it’s part of the game

the real leg hasn’t started yet and that’s where most of your money will be made

be the retard that joins in Q4 and outperforms CT in one quarter

we go back up

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Crypto Mumbles

JUST IN: $1.3 trillion asset manager Morgan Stanley advisors to offer spot Bitcoin ETFs to clients starting today.

@WatcherGuru

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