$EIGEN Has been consolidating in this giant triangle after the initial impulse up from the big $ETH bounce. This has come down to much more attractive valuation levels (~$400M circulating market cap with ~$2B FDV) compared to when it launched. I do believe that if ETH continues higher into price discovery somewhere this year, that EIGEN will at some point catch up and act as a solid ETH beta again.
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I've been so addicted to Anoma's slot machines lately that I dropped from 3,000th place to just over 4,000 today. I've rounded up the top picks, but I've discovered an even more interesting project: @sugardotmoney. This is an innovative launch platform based on the Solana blockchain, calling itself "the only positive-sum launch platform." It aims to address the impermanent loss of liquidity during token migrations on traditional launch platforms, using a unique mechanism to help projects and users achieve greater efficiency and value recovery.
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$SOL update Still long. If SOL stops at 173~, that will be the full 1R loss from ETH + SOL position. If we get 173, new ETH long should fill. Chart wise, we're at key monthly level n daily demand. Price went above monthly previously, failed, swept 157, now back above. Must hold
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