SBF's ex‑girlfriend, I also saw this tweet at the time, never thought about it, it's related to the floor price https://t.co/z51iH8iJ2Z https://t.co/MpzSFxoiRR
SBF's ex‑girlfriend, I also saw this tweet at the time, never thought about it, it's related to the floor price https://t.co/z51iH8iJ2Z https://t.co/MpzSFxoiRR
The Block got called out, actually using a panic-inducing headline, dragging down the market https://t.co/gMihMNaKJB
Everyone is panicking that crypto projects are dying and calling it "market shutdown season."
Limited and pessimistic narratives like this fail to capture the full picture.
Some people aren't seeing that the money isn't leaving, it's migrating to crypto infra that runs on fees.
Yes, $4.18B worth of token-based projects did die.
But look at @Kalshi funding. $2.6B. This is more than half of we lost in this "shutdown season." (and a lot more from others)
Use @SurfAI to see
where the money is actually flowing.
If we set aside the former endorsement of @SBF_FTX and @FTX_Official.
Subtract the strong support from @SolanaFndn.
What would be left?
Would it just be FTX's fallout, fleeing overnight to Japan? 😧 https://t.co/gT1xbcgcVR
Let me ask, what has the Baggy exchange actually built?
It built projects that scammed users, raking over a hundred million in fees?
It built a European market with only a few hundred users.
It built a Japanese market that only offers lending that nobody uses.
It built a trading bot with only grid functionality.
It built a prediction market that has only traded 5U per day.
It built a vault with TVL of 500,000.
It built an illiquid exchange.
It built a platform token that after three years is worth less than a MEME.
What else has it built? https://t.co/n8MJQwl6a4