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That’s it. You’re in the mix.
They’ve already released some pretty cool crypto-themed games, and with football (not soccer) season back, their upcoming sportsbook couldn’t be dropping at a better time.
So if you fancy a punt, go have a play. Just remember, as always: gamble responsibly.
GM, the post-rate cut fuckeries have arrived.
Don’t tell us we didn’t tolded you, though. In the last few weeks, the possibility of a post-rate cut dump has been one of the most repeated topics in our commentary.
Here we are, the first Monday after the FOMC week, and we have already hit the biggest liquidation of this bull. The numbers are kinda nuts: 1$ billion worth of longs were liquidated in just 20 minutes.
I mean, we could have expected it after a weekend so bullish that even stablecoins on BSC started pumping.
So, what’s next? I think we’re headed into a choppy few weeks. There will likely be bounces after a liquidation event as big as this one, but I think we have time to allocate over time. Here are some macro data points for next week, which should bring volatility again.
Overall, I think we should be happy about this. New entries are forming, and everything will look better again after the first week or two of October. It remains to be seen, but that’s the outlook.
The chances of October rate cuts are already over 90%. The Fed is cutting into S&P 500 all-time high territory: this is historically simply a bullish signal.
As for the very long-term outlook, definitely give this a read. I think that those who shall not get bearholed and use dip-buying opportunities correctly in combination with patience will reap the rewards. Onwards.
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The important bits.
Giza is on a new podcast with Pendle, listen here
Kyan releases their options product UI, see here
Saga releases a new gasless transactions trailer, watch here
INFINIT early September yapper spotlight is out, read here
Stargate hosts an event in Seoul with blocmates, join here
Plasma’s XPL is gaining attention pre-mainnet launch on September 25th, see here
Almanak has one of the highest yields on Pendle, read here
Plasma releases a trailer video, watch here
Jumper is now the most effective Hyperliquid bridge, try it here
Phygitals announces new gacha packs and streaming features, watch here
Aster will have $240m monthly unlocks, read here
RageTrade publishes a one-time fair redemption proposal, read here
Aster’s dark pools are explained in a new thread, read here
HyperUnit is now live on LI.FI, read here
Even more important bits.
Trump says tomorrow will be the "biggest announcement medically" in the history of the U.S., listen here
Aster DEX breakdown available in new blocmates article, read here
MetaMask’s new mUSD stablecoin has already crossed $65M, read here
NBA Star Kevin Durant has recovered his long-lost Coinbase account, read here
Charts and stats of the day.
Aster DEX's spot volume has surpassed that of Hyperliquid, read here
BTC only needs to go up 6% to flip silver, stats here
ETH has a cumulative DEX volume of $3.5T, see here
Bitcoin has officially entered the zetahash era, chart here
Liminal Money TVL hit new all-time highs (airdrop), chart here
BitMine now holds 2,416,054 ETH, more than 2% of the total supply, read here
Don’t miss out on the daily blocmates news bulletin with Gaz! Tune in here.
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Interesting,
Telemetry data of the day.
PumpFun + Heaven + Bonk trending tokens for the last 24h:
If you want to access more of this type of data and trade freshly graduated tokens on PumpFun of Bonk, visit Telemetry here (it`s free).
Avantis: How much higher?
I think AVNT should be the one to focus on if dips are given. The strenght on this one is nuts. Look at all these stats and tell me yourself.
To save you doom scrolling.
This on point.
I will simply continue to look for longs. Things like Fartcoin, PUMP, HYPE, the good old DOGE, or on-chain blue chips from the new era, such as NEET. Early October weakness should be a good time to stack.
Let’s see as we go.
stay safe homies,
Hix0n 🫡
