🙀 Trump Wants to Make America Great Again - Using Bitcoin?

🗞 Market commentary.

GM future krillionaires. 

So, not only is Ethereum transforming Michael Saylor’s thesis as we speak, but now Trump is asking if it’s possible to solve the US national debt problem with Bitcoin. Can things possibly get even more bullish? 

We, the crypto people, are now the new important demographic to which politicians have to play the fiddle; otherwise, they get into trouble with their campaign goals. The fact that Trump even promises to free Ross Ulbricht if voted in underscores this.

Even healthcare companies are now stacking sats for their long-term treasuries, with Semler Scientific being the pioneering buyer, acquiring 581 Bitcoin. 

Unfortunately, many bull run participants are being shaken out by factors like Mt.Gox wallet movements. Those who remember the last bull runs know very well that the amount of short-term FUD news during these times is plenty, and they will increase in impact directly correlated to the rising amount of leverage in these markets. Keep this in mind to not get shaken out easily.

📊 Luke’s Chart of the Day

TIA/USDT Binance 1D Log Chart

Call me stupid, but I haven’t sold any $TIA since I staked my bag in November. We still have five months until the big cliff and linear unlocks kick in. I’m not even sure I’ll sell then, but there is likely a good trade to put on into that date, with catalysts like Modular Summit in early July reigniting interest along the way. Ansem, Chris Burniske, and Zoomer have all been shilling it on the timeline.

The purple box above - stuck between resistance and support - could be a good place to accumulate over the next week or two, assuming we get a little pullback here.Eventually, I think $TIA holders will be rewarded for a long-term outlook, both in terms of airdrops and price appreciation. Long termism very much aligns with founder Mustafa Al-Bassam’s view. Not to FUD my own bags, but the bear case is the ZCash outcome - revolutionary tech where none of the value accrues to the original project. My hope on that front is that Al-Bassam, given his background in hacking the CIA et al., will be harder to co-opt than Zooko has been.

Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!

🔥 Degen corner.

Modularity Season

Even though everyone is still waiting for the lifesaving airdrops that the Celestia (TIA) staking should have provided, it now becomes quite clear the modular season is right around the corner. 

Our good friend Zoomer Oracle provides a quite well-put, short, and juicy explanation:

• Vitalik is going to speak at the Modular Summit in July

• Parallel / Modular will revive again

• Celestia is one of the most bought assets OTC alongside Monad / Hyperliquid / Solana

• Chart: a lot of similarities between L1s in 2022 (big pump --> selloff --> parabola)

• Sentiment: ATL

• Funding: Perfect

• Unlock is 4 months away

If you wish to prepare for the unlock season starting October 30th properly, check out the full vesting schedule here.

👀 DeFi insights.

The important bits.

• Curve Finance (DeFi) - Launched on X Layer - read

• Vertex (DEX) - Offers top memecoin index GMMEME - read

• Zentry (Gaming) - Explains the future use of their $150m treasury - read

• Fractional Uprising Studio (Gaming) - Teases with a new mini teaser - read

• GammaSwap (DeFi) - weETH / PT-USDe pool offers multiple point rewards - read

• Stable Jack (DeFi) - Announcing a takeover of Platypus DeFi - read

• StarGate (Interoperability) - Launches V2 - read

• Aave (DeFi) - Announces Aave Network - read

• Maple Finance (RWA) - Unveils Syrup Yield Platform Platform and reward token - read

📰 DeFi news.

Even more important bits.

• “El Salvador’s economy will 10x thanks to Bitcoin” Cathie Wood - read

• ETHU leveraged ETFs to go live June 4th - read

• Zkasino initiates fund reimbursement to investors - read

• FTX executive Ryan Salame sentenced to 7.5 years prison - read

• DWF Labs hints at working with multiple memecoins - read

🫠 ICYMI.

Life gets busy so here’s what you’ve missed.

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🐥 Tweet of the day.

To save you doom scrolling.

Yep, checks out Cozy…

🦍 And finally…

If you wish to prepare properly for the unlock season starting October 30th, check out the full vesting schedule here.

Certain sauces tell us Berachain is coming in June. If this holds true, the modular narrative would supercharge the Berachain season. Let’s watch for opportunities there as we go.

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