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Joined October 2021
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Aylo retweeted
I still remember the day Paul Tudor Jones came out and called Bitcoin the fastest horse in the race.
It was May 2020. Bitcoin was at $9k. That moment changed everything for Bitcoin.
PTJ's public call forever eliminated the career risk for hedge funds to buy BTC.
Bitcoin went on to 10x over the next year.
Druck investing in trade xyz is that moment for all of onchain capital markets.
The career risk for all funds to participate in onchain capital markets is now zero. "If druck is doing it, I can too"
I wouldn't be surprised to see onchain market volume 10x from here.
Welcome to the next stage of the bull market.
Why do I continue to hold all of my $HYPE (largest position)?
Because the whole world is still the marginal buyer, and my ambition goes beyond the very small subset of crypto natives (who are still actually under allocated to HYPE due to extraordinarily short time horizons).
It鈥檚 the first investable alt coin in history that doesn鈥檛 rely on having to believe in monetary premium.
It鈥檚 a generational investment.
Generational.
Hyperliquid.
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.
We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We鈥檒l share more on products, eligibility, and timing as approvals progress.
ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.
Innovation and the protections of U.S. regulation shouldn鈥檛 be a trade-off. Together, we plan to prove it.
ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We鈥檙e proud to have him with us for the next one.
We鈥檙e building the U.S. market in parallel with our existing HIP-3 markets, which we鈥檒l continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.
To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You鈥檒l forever be a part of this story.
Anything. Anytime. On ICE[XYZ].
This is a great product that I think will be very attractive to many DeFi users who don't want the hassle of manually looping stables (me).
12% is huge, and probably the best risk adjusted rate you will find onchain.
Ethena Pay will be the biggest neobank, I have no doubt.
DM if you want a code (only if you are actually going to use the product), as I still have some.
Was doing a bit of touching grass, and enjoying the wonders of our natural world.
Sadly I have come back to the screens now.
The for you page has been telling me how bad everything is and how the world is going to end, Anthropic IPO sucking liquidity, elon sending neoclouds to zero, and lots more creative doom.
In my very retarded head all I'm thinking is "probably dumping into FOMC, maybe this will be our monthly higher low and BTC probably pumps afterwards".
If this simplistic view is wrong, then I will happily wait longer for continuation of what I believe is a Bitcoin and crypto bull market in its early stages and similar to early 2023 which had a very nasty shakeout before higher (USDC depeg).
I think if you look ahead many people will/have already come to the conclusion that BTC is an attractive asset to own with how the world is currently shaping up.
And the altcoins that have been outperforming Bitcoin for the last 12 months are downstream of that, and will continue to do well.
I choose optimism.
Aylo retweeted
If you are mid to long term bullish, but derisking short term
You are expressing the opinion that you will beat the market twice in the short term
First time that you will derisk high enough and second time you will be able to buy back in low enough
That's two additional short term trades you need to nail on top of your long term view
Aylo retweeted
Great research report on $GRASS published by @FalconXGlobal today.
In their base case analysis, they value Grass at $2.53 per token (249.7% above the current price) based on an average of crypto, big tech, and AI training data comps.
Looking just at major AI training data comps such as Scale AI, Surge AI, Mercor, Exa, Parallel, Firecrawl, and Tavily, $GRASS is valued at $3.69 (409.1% increase in price).
This all lines up very closely with my own internal model where I project fair value in the $4-5 range, driven by slightly higher long term projected revenue figures.
Definitely worth a read as @martin_gaspar1 does an awesome job laying out the business and growth opportunity.
Grass remains one of my two highest conviction AI tokens (along with $VVV). Great to see one of the top firms in digital assets also recognizing the strong setup here.
Not financial advice
Things you like to see when you bought the local bottom of ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2
$LIT local bottom in imo. I added back some of what I sold.
First 20W MA tag since June. Confident Lighter will eventually see new highs.
All of the fud magically disappearing now. Lighter will in fact be integrated into Robinhood etc.
Options coming soon.
In the higher time frame trend we trust.
Continue to have a very good time with this coin.
$LIT local bottom in imo. I added back some of what I sold.
First 20W MA tag since June. Confident Lighter will eventually see new highs.
All of the fud magically disappearing now. Lighter will in fact be integrated into Robinhood etc.
Options coming soon.
In the higher time frame trend we trust.
ZEC has only just surpassed its previous circulating market cap ATH % against BTC that it set way back in 2017 (1.4%).
There is nothing else in crypto that has been around this long that has seen a resurgence like this in BTC terms.
It cannot be underestimated how impactful Hyperliquid has/will be in convincing people this technology and asset class is investable.
Aylo retweeted
Just focus on crypto. It has its own timeline, and you have no edge in equities/macro.
There will be always be something that drags out the emotions in you, and there will always be a strong case for a market crash. Just look at the plethora of people/accounts that have made it their life's work to incorrectly call secular bear markets.
Outside of the 0-1 correlation events crypto has its own cycle. It tops and bottoms irrespective of equities/macro. People say it front runs it or whatever, but the fact remains that it has its own timeline.
TOTAL is currently above the May highs, above its 10W EMA, 20W MA & 10M EMA (which historically supports a bull market all the way up). There was that big impulse off the bottom which you see at the end of bear markets, and now we are at that sticky area where everyone with PTSD gets shaken out before eventually going higher.
BTC is looking better than alt coins, which got overstretched. Bitcoin has been shaking off insane amounts of bad news that if we were still in a bear market would have taken us way way down (additional signal alongside the chart). That doesn't mean we can't still shake out more tourists here.
There is a lot of room to go down and remain HTF bullish with the trend still in our favour.
In early 2023 we had the USDC depeg which shook everyone out but we were still in a bull market, as the market structure had shifted. That time around we hit the 200D MA (~72k currently) before moving up.
I believe we are here now, and we can still have annoying chop for a while with more people attempting longs and shorts at the wrong time.
TOTAL2/TOTAL3 remains 37% & 30% off their 2021 ATHs. If you don't think we surpass those market caps then you should find another asset class to spend your time on.
It is simply impossible for me to be bearish when the industry has made so much progress and we are this far away from where we were 5 years ago. We have clear evidence of an acceleration of institutional adoption and tradfi bringing all assets onchain.
We already have our dot com crash behind us, and good alt coins are rather under owned globally relative to all other asset classes. We have tailwinds, with equities having more defined headwinds. This remains the opportunity, and patience is required.
The only way to fuck this up is to be too zoomed thinking you can time macro consistently with Dunning Kruger syndrome because you had a good crypto cycle once, or being overly cautious because you have PTSD and can't fathom anything going right for you.
Stop trying to control everything, and just let go.
