your quant’s favorite quant. 🛸
Joined June 2021
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if you remember a couple months ago, we saw a token called REDACTED that dropped a little bit earlier than $ZCAT
same “blank” empty ticker as this blind ape coin but a different name
weeks later, REDACTED basically went to zero as ZCAT emerged as the clear meta for ZEC
I have a feeling the same thing is currently happening with $XMR’s flywheel coin
solana:Cp6AVzuSJ8pDCkYGBxAX3p9Dk77pHSsd35yHh19GJC3i has a dog similar to the monster of $ALLINU
$MONEROCHAN is played and don’t necessarily see the waifu-type mascot as the front runner/poster child of monero
$MCAT is just a rip off of $ZCAT
the true privacy coin is $ and the only reason it hasn’t ripped higher is because people still can’t find it
remember, the coin is private
soon 🤝
DFwtrY9pNRHoYF4RKt8ueQ4WBa96Stw8VuaGNnZLSTNK
the cake is baking 🍰 $CAKE @vikrantnyc
2 days ago, vik was holding 14% of solana:DAemPFNc3RtibBDKkUA4eL2Ns11q9VRdbpptmqm8DGqN in his wallet. now he holds ~18% and will burn his amount to ~4% later in the week
the cake is baking and @vikrantnyc is cooking 🍰👨🍳
andy. retweeted
lots of split discourse on solana:WXMRyRZhsa19ety5erZhHg4N3xj3EVN92u94422teJp
solana traders loving exposure to it while monero maxis hate anything non native.
i get the hate. i do. why trust the scam chain?
the point of wxmr on solana is to bring exposure to monero. monero has a handful of dexs you can trade it on, and its not easy to buy unless you are relatively experienced in crypto.
now with wxmr any trencher can buy it, pair coins with it, and then easily bridge out to native.
we are doing 10-30m in vol a day on the solana side. that’s more than most CEXS.
this is the time to get more eyes on monero, and wxmr has already exposed 29k holders to monero.
Monero needs more attention, not less.
wxmr.io
andy. retweeted
$PAID’s sub-coins need a flagship. So far, $CAKE looks like the strongest one I’ve found.
First, look at how fast the $PAID ecosystem is growing.
On 9/26, 11,409 new coins launched through @UsePaid . The day before, it was only 701.
UsePaid also made $1.737M in fees that day, compared to $117K the day before.
With so many coins launching, I think the ecosystem needs one coin that people can easily recognize and rally around.
That’s where CAKE comes in.
100% of CAKE’s creator fees are locked to UsePaid permanently. 80% goes to the recipient through X Money, while 20% is used to buy and burn PAID.
The recipient is Vik Sharma @vikrantnyc , founder of Cake Wallet. He has 33K followers and has invested in several Bitcoin companies.
More importantly, he has publicly said that everything he receives will go to the Monero dev fund. He has supported Monero for years and is also doing an X Space to talk about it.
The simple part is this:
Fees only keep coming if the coin keeps trading.
So having a recipient who actually understands crypto and wants the coin to keep growing matters.
Some of the bigger sub-coin recipients took the money and disappeared. Out of the ones who are actually willing to stick around and build, CAKE is the strongest one I’ve seen so far.
Then there’s the holder distribution.
CAKE already went through a massive shakeout today, dropping around 93% from the high to the low.
It then bounced almost 4x from the bottom in just two hours.
There are now 5,299 holders.
Outside the pool, the top 9 wallets hold only around 5% combined, while the dev holds just 0.05%.
The supply is spread out and the coin has already gone through a serious flush.
So who should lead the PAID sub-coins?
A celebrity who takes the money and walks away?
Or a crypto insider who is giving the money to developers and actually showing up to talk and build?
For me, $CAKE makes the most sense
DAemPFNc3RtibBDKkUA4eL2Ns11q9VRdbpptmqm8DGqN
2 days ago, vik was holding 14% of solana:DAemPFNc3RtibBDKkUA4eL2Ns11q9VRdbpptmqm8DGqN in his wallet. now he holds ~18% and will burn his amount to ~4% later in the week
the cake is baking and @vikrantnyc is cooking 🍰👨🍳
