One Kingdom. Endless Innovation.
Joined July 2024
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Volatility means the fee printer stays on in the Kingdom.
Monday morning and the sell-off stemming from Friday’s hot jobs report continues.
This level of pessimism towards rate cuts is an overreaction and speaks more to uncertainty (new US president/policies incoming) than it does rate hikes/cuts. Expect volatility with all the inflation data prints this week.
Volatility = volume and fees = happy @kingdomdotone
Thank you @saylor
MicroStrategy has acquired 1,070 BTC for ~$101 million at ~$94,004 per bitcoin and has achieved BTC Yield of 48.0% in Q4 2024 and 74.3% in FY 2024. As of 01/05/2025, we hodl 447,470 $BTC acquired for ~$27.97 billion at ~$62,503 per bitcoin. $MSTR microstrategy.com/press/micr…
🚨 TONIGHT - Happy Hour in The Kingdom Discord
Join us at 6pm EST while we wait for the new epoch and count our rewards. We typically discuss alpha and random topics. No matter the conversation, its always a good time.
The Kingdom Discord: discord.gg/vwgQs2Cn
Next is @NileExchange and Q4 of 2024 will go down in history for Nile.
Nile launched Q1 of 2024, commanding over $70m in TVL and number 1 in volume early on, and by Q4 @Consensys deployed a strategic investment in $NILE marking Nile as the defacto DEX of @LineaBuild .
Liquidity will continue flowing on Nile.
2024 saw @PharaohExchange launch and succeed as well.
Pharaoh hit multiple all time highs in most metrics, partnered with @avax with Boost incentives, experienced a Memecoin Rush, and became the undisputed #2 DEX on AVAX.
2025 will continue the upward trend of dominance.
Then we have @PharaohExchange
Epoch 52 saw:
>$223.5m volume
>$250k back to vePHAR voters
Liquidity flows through @NileExchange
Epoch 46 saw:
>$52m in volume
>$56k back to veNILE voters
