there is some legit incredible progress happening in the crypto space in the field of tokenisation, trading, payments and fintech if you can’t see that, maybe your dealflow is shit
now is a good time to buy projects able to generate revenues when everything else is failingTRXHYPEPUMPENAalso projects focussed on building out revenue aggressively:SOL short projects without solutions that prioritise revenuesETH
my two cents as someone who knows how USDe works:the peg was maintained at all times on 10/10 even though 8 BILLION USD was redeemed thereafter they passed a major stress test. it’s actually really bullish on ENA the issue was using a market driven oracle on which liquidated users. it did not reflect the fact that USDe is perfectly collateralised notice how huge loops of the same kind on aave did not get liquidated
HYPE is easily one of the only investable tokens rnbillions in liquid money is scrambling to build a position before hype goes on to challenge BNB this is why it’s rallying hard
we are seeing a complete rotation from crypto into assets that accurately reflect the debasement: commodities this will keep happening until money printer is turned on. btc is apparently only able to reflect the debasement trade induced by central banks’ easing
ethereum went from a leading chain to a place to park your assets via aave for yield\n\ni hope there is more to it than that. they need to onboard all wall st banks for their tokenisation efforts or risk becoming irrelevant