Agile Coach for the 24/7 crypto economy
Lagos / On-chain
Joined June 2012
- Tweets41.4K
- Following2.1K
- Followers11.2K
- Likes65.6K
chiimah | Web3 PM retweeted
has Binance done this for a coin before?
i think many are not getting how much of a BIG deal it is that Binance is going to be giving holders of a coin PART OF THEIR OWN CEX TRADING FEES in addition to 100% of the onchain rewards
these are the kind of breadcrumbs you pay attention to when deciding which assets you size into
otherwise you might have to pay several Xs more by the time you understand the severity of this move
chiimah | Web3 PM retweeted
You mean all my tokenized tokens can continue to trade without any ceiling in sight
chiimah | Web3 PM retweeted
bStocks are starting to gain massive trading volume and attention on @BNBCHAIN. Why? Because of stock memes.
It all started less than a week ago with the launch of $MarsCoin.
Before then, $SPCXB had averaged around $2.5M in weekly trading volume since launching 1.5 months ago. Over the past week alone, that number has exploded to more than $80M, while $MarsCoin has distributed over $1,000,000 worth of $SPCXB to its holders.
Binance has been promoting bStocks for months, but the reason they're finally gaining real traction is simple: meme coins.
As Richard Teng said:
"The next big theme in crypto is the merging of crypto and TradFi."
That's exactly what's happening on @BNBCHAIN right now. Stock memes are creating an entirely new sector, and $MarsCoin has established itself as the creator and leading project of that movement.
We're still early.
The Mars mission has been initiated.
Since launching on @BNBCHAIN, $SPCXB generated a total of ~$12M in trading volume over the first 1.5 months.
In the last week alone, $SPCXB has generated ~$20M in trading volume after a meme coin launched with $SPCXB as its paired token.
That's nearly double the total volume it had generated since launch, all in less than a single week because of one meme coin.
It gets even better: that meme coin has distributed a total of 5,740 $SPCXB (worth approximately $670,000) in rewards to its holders.
Looks like @cz_binance's wish finally became reality. Five years later, we finally have a MarsCoin with real utility.
chiimah | Web3 PM retweeted
The guy has a ‘whitehat’ soul. More of the cyber security leaders web3 needs in the space
chiimah | Web3 PM retweeted
There’s no way I actually bought BTC at the absolute bottom right?
I still think we’ll drop until Q4 this year.
But
what if the worst has already passed?
chiimah | Web3 PM retweeted
Sounds like
a Kol who is bullish on the future of crypto but cannot value the price to growth trajectory of his holdings
Sold for cheap
chiimah | Web3 PM retweeted
⚡️ NOW: Arthur Hayes warns the AI bubble could pop as three mega IPOs (SpaceX, Anthropic, OpenAI) and rising oil prices threaten the AI complex.
He expects Bitcoin to dump then pump once the bubble bursts, as the fallout triggers the next liquidity cycle.
chiimah | Web3 PM retweeted
Saylor has no long term impact on the growth of AI or of 24/7 trading and the perpification of finance. $VVV $GRASS $HYPE remain my highest conviction tokens in these categories and when the current chaos is all said and done in my opinion these will be the tokens likely to bounce back the strongest. They are anchored in real fundamentals, are growing insanely fast, have huge addressable markets, and are category leaders in massive secular growth areas
chiimah | Web3 PM retweeted
Zcash pumped and now Near, Venice, Railgun, et al. are in a race to build the mostly widely adopted privacy tools and protocols. For a moment really enjoy this return to cypherpunk roots, it’s nice to actually be rooting for everybody for once
chiimah | Web3 PM retweeted
Robinhood vs Hyperliquid Q1 results
Clear cyclical downtrend in crypto trading. Robinhood crypto revenue fell to $134 million (-39.4% QoQ), while Hyperliquid crypto trading revenue fell to $179.7 million (-31.0% QoQ).
Still, Hyperliquid’s crypto revenue was higher than Robinhood’s crypto line, while its RWA revenue grew +454.8% QoQ.
Users also grew 29.6% QoQ to 1.19M, versus Robinhood funded customers up roughly 1.5% QoQ.
HYPE’s discount to TradFi comps has largely been a cyclicality discount on crypto-linked cash flows. But with RWA now >30% of volumes, HIP-4 adding binary outcomes, and revenue volatility already roughly in line with Robinhood through the slowdown, that discount looks less justified.
At $192.3M of Q1 protocol income versus Robinhood’s $346 million of net income, HYPE looks incredibly cheap at a $9.5 billion circulating market cap against HOOD trading at $74 billion.
chiimah | Web3 PM retweeted
Idk who needs to hear this but I would highly recommend not uploading your face, fingerprints, or other biomarkers into chatgpt
