McDonald's recommends that you DO NOT apply until you
Things I'm Looking At In Brypto Today
...
- Sentiments are bleak
- November is historically $BTC's best month of the year though... HOWEVER.... October was green the last 6 years in a row and we broke that trend so no promises lads :)
- Bitcoin Fear & Greed is at 23
- Altcoin Season Index at 37
- Total market cap of all global stock markets is now $148T (crypto is at $3.5T for comparison)
- Balancer exploited
- Stream Finance debacle
- Fastest-growing chains this week with at least $20M TVL are Ethereal, Mayachain, and Near.
- Fastest-growing protocols this week with at least $20M TVL are Ethereal Dex, yield protocol MoreMarketsXYZ, and BSC predictions platform OPINION.
- Top 3 dex's by 7 day volume are Uniswap, Pancakeswap, and HumidFi.
- Top 3 perps dex's by 7 day volume are Aster, Lighter, and Hyperliquid (note: this and all other stats listed here are c/o DefiLlama)
- AI-induced job losses continue to be bigger and bigger topic (link below)
- Polymarket continues to be massive success story
- Mantle announces new partnership with Anchorage Digital (link below)
- $AAVE approves $50M buyback program (link below)
- ISM manufacturing data comes out slightly below expectations and suggestive of slightly worsening economic conditions
- Solstice, Almanak, and Yeet continue to be popular among airdrop enthusiasts (link below)
- Folks Finance to launch $FOLKS token tmrw
- Monad $MON token has slipped a bit in pre-market trading but excitement continues re: its TGE/airdrop
- Treasury Secretary Scott Bessent has been tweeting positively about Bitcoin
- $ZEC, $RAIL, and the privacy narrative in general continues to generate lots of discussion and excitement (link below)
- Ethereum Fusaka Upgrade coming Dec 3rd
- $JUP to launch ICO platform apparently
- Continued discussion of whether it is 10/10 fallout or effects of the government shutdown and connected(?) rise of $DXY that is causing the poor price action
Conclusion
The vibes are bleak right now my bros but this too shall pass...
Indeed, if you have any funds to deploy, it is times like now when the TL is peppered with McDonalds memes that are typically the best time to bid.
As a permabulltard who is always gigalong anyway I don't have much in the way of funds to deploy, but I am definitely looking in the proverbial couch cushions for any that I can throw at good alts :)
But yeah, keep putting in the reps friends...
Nothing worth doing in life is easy 🤝
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