Ignas

Pudgy Penguins cooking something...? x.com/DefiIgnas/status/2092700…

L2 narrative & revenue generation are struggling so they need to get creative. Here's what Arbitrum came up with: Arbitrum DAO is voting on two new revenue streams. 1. Priority Gas Auctions replaces old Timeboost: pay a higher tip, get ordered first. Same as Ethereum. Simple. t.co/4Le2EMr7fg

Pudgy Penguins cooking something...? x.com/DefiIgnas/status/2092700…

Tbh tokenized stocks are boring but glad that onchain experiments are coming back to make them fun. @NetNetCap @stockripx @altdotfun @standard_rsv etc. Speculating on them will pump the metrics and Tradfi suits will see it as a tokenization PMF. Imagine Robinhood launching their L2 and no one shows up. Other tradfi companies would probably stop their efforts to crypto. Now more are joining with Revolut's EURR launching today. So let's speculate, pump up those metrics and earn some money while we bring the world onchain.

lol x.com/koeppelmann/status/20925…

L2 narrative & revenue generation are struggling so they need to get creative. Here's what Arbitrum came up with: Arbitrum DAO is voting on two new revenue streams. 1. Priority Gas Auctions replaces old Timeboost: pay a higher tip, get ordered first. Same as Ethereum. Simple. 2. The Fast Feed This one is clever. After the sequencer orders txs, that order has real value for MEV searchers, MMs and propAMMs... so Arbitrum will sell early access to it as a subscription. - Ordering is already final when the feed publishes, so no frontrunning or sandwiching - ~100 tickets sold per day, price starts at $17 and changes with demand (EIP-4844 style curve) - Anyone can subscribe, it's permissionless but paid 97% of revenue from both go to the DAO treasury, 3% to the dev guild. Sad that the proposal gives no potential earnings but the Foundation asked the DAO for ~$43.5M to fund 2027 while the DAO made $23.49M in 2025 so they REALLY need to close that gap. Btw, I voted Yes for the proposal. I'd love to increase my $ARB delegation so if you have $ARB sitting around pls delegate to my address: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0

I use Revolut daily. But never deposit crypto to it. I imagine users swap EUR for EURR, move to DeFi to generate yield. Then deposit EURR+yield back to Revolut, they 'flag' your account and freeze funds. Requests for Source of Income docs. Even if you do it well, account can stay suspended for weeks. "About 8% of crypto transfers get flagged for additional checks." "1 in 5,000 transfers leads to account closure after further review (less than 0.02%)." Technology is still limited by regulation, especially with recent MiCA regulation.

Variational is doing $1.43b in open interest with 13k daily active accounts. That's $108k per user. In comparison: - Hyperliquid: $13.29b in OI /~101k daily users!! = $132k - Lighter: $1.12b / ~21k = ~$53k per user So Lighter traders carry half the size whether that's smaller accounts or less leverage. Also, Variational has 31% of OI in tradfi markets: equities, gold and indexes. While HIP-3 OI (which is mostly tradfi) is $3.74b against Hyperliquid's $13.29b total, so 28%. Again, very comparable! $LIT is trading $3.5b with less open interest. $VAR TGE is in q4, perfect timing as the market is rebounding. I bet it will surprise the traders with a juicy airdrop.

Token having a hater community is ok but apathy is the worst. When you FUD a token and literally no one in the comments is defending it. Like scam $STABLE BTC is different: Mainstream media FUDed BTC for years yet we kept on winning. There's a whole /buttcoin community on Reddit just wishing for BTC's death. Must be hard to see us winning

Among my bags, $BP by Backpack struggles the most: That's confusing as Backpack on paper is an amazing bet on: - RWAs/tokenization - New Cycle New CEX narrative - Tokenomics: no team allocation, 62% staked, token convert to equity - Team is competent - Solana supports them via repost YET! Token is so illiquid: barely trades $2m usd per month and you can see it on the chart. So always take liquidity into account.

If you want to buy because of high price, sell (or short) If you want to buy despite high price, buy. --- Read this years ago on X from some anon and need to remind myself, since FOMO is kicking in.

Bitcoin to Nasdaq correlation sharply dropped to the lowest level since 2018: It's now negative as Nasdaq is going down while BTC is pumping. Boomers love this stuff: They love to make portfolios with uncorrelated assets, thus BTC now looks sexier than ever, especially as 1) t.co/OrUJKJ4641

None of the top trading platforms have tokens: Together they generate $10m in weekly revenue but it goes to team/equity holders. Why is that? Probably because they don't need it: Having a token would put pressure for revenue sharing which now they can keep. Maybe having a t.co/C0o8aEOlwR

Early bull run and I already messed up my best trade opportunity: Bought ZEC at $50 but instead of holding I tried to trade and missed the last run up. Even with my small bet it would've been 17x But back then ZEC as much harder hold than now. Lyn Alden warned against $ZEC t.co/ASMMxg7iID

Dear diary... x.com/DefiIgnas/status/2091904…

Bitcoin to Nasdaq correlation sharply dropped to the lowest level since 2018: It's now negative as Nasdaq is going down while BTC is pumping. Boomers love this stuff: They love to make portfolios with uncorrelated assets, thus BTC now looks sexier than ever, especially as 1) QQQ is concentrated AI trade and 2) it's dumping. It strengthens BTC's digital gold narrative, proves it's a more mature asset, and hopefully manages to trade higher if/when AI trade deflates further. TL;DR - bullish!

None of the top trading platforms have tokens: Together they generate $10m in weekly revenue but it goes to team/equity holders. Why is that? Probably because they don't need it: Having a token would put pressure for revenue sharing which now they can keep. Maybe having a token would distract from building? Still, having no token attracts airdrop farmers? If so, they are the ones getting farmed: BullX ran a long points campaign for a planned $BULLX token airdrop since July 2024. No token was ever issued and BullX shut down trading. Terminal (previously Padre) which generates $670k in weekly revenue was acquired by pump fun. Token went to zero as pump fun team stated that $PADRE would no longer have any utility. Although after backlash pump fun team gave $PUMP tokens to PADRE holders. --- Still these platforms could TGE: PUMP token mooning and high revenue shows the demand for trading platforms Teams could make serious $$$ from TGEs so impressive top platforms aren't launching it. Thoughts?

As much as I dislike Hayes pumps & dumps his $ETH thesis for $5k for ETH by year end is sexy ETH is the only major token below 2021 high. Waiting for a hated rally. "because it hasn't moved that much over the in this past cycle, I think that has a lot of catching up to do. Once it starts moving, the the reflexive train is going to get going." He doesn't care about any fundamentals (tokenomics, L2s etc.) but I believe once ETH starts to rally, the market will find a narrative to justify the pump: RWAs, institutional adoption, ICOs back... Anything will do well to justify the pump. Especially as many sold and gave up on ETH. They'll buy back when ETH starts to move upwards. source: @Unchained_pod with @laurashin

ZEC is a reminder to keep an open mind and focus on assets with reflexivity potential.

Early bull run and I already messed up my best trade opportunity: Bought ZEC at $50 but instead of holding I tried to trade and missed the last run up. Even with my small bet it would've been 17x But back then ZEC as much harder hold than now. Lyn Alden warned against $ZEC coordinated pump last year. Foundation had a 'civil war' and ZEC retraced 73% from Nov highs. Yet ZEC is close to a consensus CT hold. Doesn't feel like a coordinated pump anymore. ZEC is a perfect example of a mix of a memecoin's memetics and tech features that fit into current macro/political environment. I'd probably could say a moral of diamond hand HODLing but for 1 zec there are 100s of fails. Instead, study ZEC's growth as a caste study of how narrative emerges (post in the comments).

"Investing in AI now is precariously difficult" - @zeroxkyle in his latest blog post. "Ai equities is like treading a minefield - everyone races to the exit at the first sign of negative news." Crypto feels the opposite of AI trade: everything is down A LOT but fundamentals t.co/bazmAWCzbz

$150K is solid a case for BTC to close the gap with Gold and NASDAQ. That's about 90% from here. x.com/DefiIgnas/status/2090735…

NFTs are down or flat in USD terms. But up thanks to ETH lifting all NFTs. So stablecoins failed to replace ETH denominator for NFTs and top NFT collections might still be a decent ETH proxy trade. Especially if NTFs start to rally again. t.co/T4zuEvXwFw

yes x.com/AlgodTrading/status/2090…

2020 we had defi 2023 we had memecoins 2026 we have tokenization boring but gamechanger: institutional capital flowing to alts is new. Previously only BTC and ETH got some institutional inflows. So buy memes and get rekt or buy & HODL assets that institutions will accumulate and retire your bloodline.