Music Creator since 2018, crypto since 2020.
21 Followers
Nice to see you guys here, Farcaster fam.
When competition compresses margins, even crypto ETF pioneers have to change the game. https://paragraph.com/@0x92613e5cc954b3e5e7c7c61db5be7a238a955fc7/coinshares-pulls-plug-on-select-crypto-etfs-ahead-of-us-listing
It’s clear the crypto crowd has thinned out — October was the turning point. Most of this month’s ICOs will likely end in heavy losses, especially overvalued India projects. With no new capital entering,the 10/11 flash crash marked the end of this cycle’s liquidity. Even good projects are suffering — @humidifi launching Dec 3 gets little attention, whereas it could’ve done 30x oversubscription in October. Not fun anymore. Time to rest and just focus on wealth management and arbitrage.
Just claimed my onchain identity on Base 🔵 Ready for whatever comes next 👀 @warpname