- Coin Price
- Coin in Circulation
- USD Market Cap
Been away a bit, curious if there's been any rumbling of when exactly coinbase will hit?
The platform could use a new injection of life that i think coinbase could bring!
I know we focus on Daily Active Creators and New Creator Accounts, but this one may be just as important: "NFT Activity Transactions" from @prosperclout.
I personally think social NFTs are the clearest and most unique use case for $DESO and NFT activities continue to strengthen!
As expected we're already starting to see a dislocation between spot Bitcoin and the Bitcoin Futures ETFs due to the roll yield..
Currently estimated at 11%..aka all else equal you should expect to the Bitcoin Futures ETFs to underperform spot Bitcoin price by 11% + Fees.
Been asked about my views on $DESO so figured I'd give my 2c..
Long-term bullish, but short-term neutral/nervous.
🚀 Opportunity to displace/complement mainstream social media
🚀 Potential to be the social media platform for the crypto community which is growing by the day. (see $BITO)
🚀 Economics for creators
🚀 Explosion of the NFT Market
⚠️ Little liquidity ($200k has pushed down prices ~12% the past 24 hrs)
⚠️ Early negative stigma from the crypto community
⚠️ High education threshold for new users
Today’s $1B in flows to $BITO despite all the naysayers talking about the lack of need for an ETF highlight the appetite for crypto by the mainstream masses!
What that also tells me is there’s an INSANE market for $DESO with the masses 🚀🚀🚀
WOW $260 million already traded in the Bitcoin ETF $BITO within the first 20 minutes of trading 🚀🚀🚀
Just to put this in perspective, a new ETF is considered successful if it collects $100 million in its first year..
This is/will be the first of many influencers/celebs to rejoin or join the platform!
You don’t offer up $100 referral programs without knowing we’re close to the inflection point..
As @reade says, feeling BULLISH AF 🚀
Someone’s back and BULLISH AF!