Some thoughts on Plasma and the XPL token post-TGE

The Plasma TGE exceeded my expectations right out the gate, assuming we would see a sell-off following a ~14x from public sale. But I think there was plenty of momentum from traders speculating on XPL being the next ASTER trade, along with a perfectly executed launch while airdropping 4-5

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I remain bullish on Zora and the idea of Zora, but a belief perserverooor I am not. Here is a recap of Zora news since my report and an update on the Zora thesis. There have been some controversial Zora incidents that CT ran with but ultimately not a huge deal:

• Tyson Fury & Sahil Rug: Tyson Fury launched a Zora creator coin. It was boost

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When scrolling through Tether CEO Paolo Ardoino’s Twitter, one is met with the regular bullish updates expected of a leader of one of the most successful companies today. However, one new development has seemingly gone unnoticed thus far: Tether’s latest venture, QVAC.

QVAC@QVAC_tether pic.twitter.com/mMae1GT3E2

— Paolo Ardoino 🤖 (@pao

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One thing I’ve been watching closely is the Fed’s overnight reverse repo (ON RRP) program. Some of you have seen me flag this before, but it’s worth highlighting again because the pattern has been surprisingly consistent (see below for an example; I’ve also linked related articles below for a deeper dive)

ON RRP volumes tend to weaken i

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What made DeFi summer so special?

It wasn’t merely a cyclical inevitability—that was the dog coins. DeFi Summer’s secret sauce was the multitude of projects arriving simultaneously, delivering a strong proof-of-concept for a BIG idea. These projects were typically:

• Composable and synergistic
• Liquid, often bootstrapped tokens: Instant fee

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I won’t go overly in-depth about USD.AI’s protocol mechanics in this rundown since Delphi broke it all down quite extensively in a recent consulting report. Instead, I’ll briefly touch on the vision for the project (essentially why USD.AI is interesting to me) and a timely opportunity I see in participating in their upcoming ICO/airdrop t

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Everytime the 1W ema 9 crosses the 21 we have seen some incredible rallies (+680%, +395%, +95%). However, the reverse is also true (-82%, -52%, -57%)

We just got the next cross up and if history holds, we should be in for some big returns. From a trend perspective, the returns should be less than 95% (since after each cross we get dimini

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For this week’s Delphi Podcast we have a special guest with Pump.Fun Cofounder Noah. There’s a ton of insightful takes on this podcast so recommend watching it through. Everyone knows @a1lon9 But @pumpdotfun actually has three co-founders We hoste... Read more

On August 29th, Mythical Games, in collaboration with Pudgy Penguines, launched its latest title, Pudgy Party. Now that I’ve had just over a week of testing the game out and observing the secondary market for in-game NFTs, I wanted to quickly share my thoughts and outline what a potential bull case would be for the game moving forward.

P

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Current Setup

The BTC/Gold 1W 9/21 EMA chart is lining up for a potential downside cross. Structurally, this looks almost identical to what played out in 2023. Back then, BTC saw a brief grind higher after the initial cross up, only to slip into a cross down that was quickly reversed. That reversal marked the start of the real rally. Imp

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