Futures Trader ⎮ MBA @KelloggSchool
Global
Joined December 2017
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"Haka are a variety of Maori ceremonial art, often performed by a group w/ vigorous movements & stamping of the feet w/ rhythmical shouts or chants.
Haka are performed to welcome special guests, or to acknowledge great occasions, or as a sign of respect towards your adversary."
I asked Grok what he thinks about all these support retests @ $80k right now
xitter.cf/i/grok/share/c2hhcmQtM…
CHADS
Chainlink Adoption Update 🔗
Recently, there were 19 integrations of the Chainlink standard across 5 services and 7 different chains.
Users include @ArchaxEx, @GravityChain, @itsovercall, @joinhodl, LG CNS, @Openstandard, @OpenZeppelin, @PacificMeta, @Reflectmoney, @SellarOrg, @Solana, @StaxFinance, @Tapir_Protocol, @Theorem_markets, and @trize_io.
BTC will range around tightly and grind against the $80k support level just to remove ALL the tourists from here, thanks to the never ending
"OMG looks like price is falling off a cliff" comments
Even though these perceptions are all based on 1 min tf reactions. But most people don't think about timeframes and immediately freak out at the volatility.
Then back to $87k we go ...
Satoshi Flipper retweeted
Just over 60 days left on $LIT before the insider cliff hits
Some context:
> @Lighter_xyz lost the @RobinhoodApp perps integration everyone thought was coming, allow sellers and shorts to dominate in October
> Rejected at supply near $4 twice and has come all the way back to where the CHoCH broke. That level is the test now
> Lighter burned another 2,452,017 $LIT on Oct. 11 from Q3 buybacks. 100% of trading fee revenue goes straight into open market purchases
> Dec. 28 starts 500M LIT vesting, 50% of total supply, about 3.2M a week into late 2029
> The entire circulating supply today is the airdrop. Insiders haven't been able to sell a single token yet
I think long term $LIT is a winner and undervalued vs. $HYPE. Will be DCAing between $2 - $3 range
$LIT resembling early $LINK chart vibes. Same 8 point structure. Same break of range, now near ATHs 👀
Some notable context:
> 25% float with the airdrop being the entire circulating supply right now
> 1.56% of $LIT burned so far thanks to ~23M of revenue spent on buybacks Jan through July
> Net deflationary today at about 30M $LIT a year
> @Lighter_xyz is doing about $65M in net earnings a year while @HyperliquidX is at close to $700M. Market cap differential is 18x though
Most Important Thing ⤵
$LIT's insider cliff hits the week of Dec 28. 50% of total supply starts vesting linearly into late 2029, roughly 16.6% a year
About 100 days left of the setup in its current form before the cliff
