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X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
Insider Activity & Profitability - Insiders sold 255 billion tokens, valued at $141 million, within 5-9 days post-TGE [1] - The team generated a profit of $3965 million from these sales [1] - Insiders initially held 40% of the total token supply, which was fully liquid from the start [1] Wallet Transactions & Token Movement - One wallet (Wintermute) sold 125 billion tokens for $672 million in just two days [1] - Another wallet moved 125 billion tokens through 13 separate transfers [1] - A third wallet sold 83 billion tokens worth $405 million by July 21 [1] - 13 billion tokens were transferred to FalconX, an institutional OTC desk, and another 125 billion to centralized exchanges [1] Market Impact & Price Fluctuation - The token price peaked at $00069 but has since decreased to $00025 [1] - Market capitalization decreased from $4 billion to $252 billion, potentially resulting in losses for most retail buyers [2]
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
RT Geiger Capital (@Geiger_Capital)Wow.Trump on mass immigration in Europe:โ€œOn immigration, you better get your act together. Youโ€™re not going to have Europe anymoreโ€ฆ this immigration is killing Europe.โ€ https://t.co/7lVTkIV7Bf ...
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
Personnel Change - BlackRock's head of digital assets leaves the company [1] - The individual joins SharpLink Gaming, the second-biggest Ethereum treasury company [1]
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
Competitive Landscape - Kaito's launchpad future is potentially threatened by Cookie's ACM in partnership with Legion [1] - Kaito faced negative feedback on its first sale, Espresso, due to high valuation and long vesting period [1] - Theoriq, Kaito's subsequent project, was better received due to lower valuation and shorter vesting [1] - Cookie's project, Almanak, falls into the same DeFi agent category as Theoriq [2] Valuation and Fundraising - Almanak has a $75 million (and $90 million) fully diluted valuation (FDV) and is fully unlocked at TGE [2] - Theoriq has a $75 million FDV with a vesting schedule of 25% unlock at TGE, 375% after 12 months, and 375% linearly over months 13โ€“24 [2] - Almanak is raising approximately $2 million [2] Launchpad Platform - Legion has helped over 10 teams raise over $22 million, giving Almanak an edge over Kaito's in-house launchpad [2]
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
.@cookiedotfun bring attention capital markets to life ๐Ÿ”ฅCookie DAO ๐Ÿช (@cookiedotfun):Call it the beginning of the end; for empty tweets, fake shills, and exit-first energy. @Almanak__ is kicking off the first-ever ACM campaign.Snap to Invest. Then Invest to Snap.The Almanak Snaps and ACM campaign has two stages:1. Snap to Invest: collect SNAPS and cSNAPS to https://t.co/jRkjeoi4HC ...
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
RT Cookie DAO ๐Ÿช (@cookiedotfun)Enter Attention Capital Markets. Link in thread. https://t.co/J0G9mpi2Ws ...
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
Executive Order Overview - The executive order aims to restore order to American cities by addressing vagrancy and related issues [1] - The order focuses on protecting public safety by shifting homeless individuals into long-term institutional settings [2] Addressing Homelessness - The order highlights that 274,224 individuals were living on the streets on a single night during the last year of the previous administration [1] - A significant portion of homeless individuals are reported to have substance use disorders or mental health conditions [1] - The order criticizes the failure of existing programs despite tens of billions of dollars spent [1] Civil Commitment and Treatment - The Attorney General, in consultation with the Secretary of Health and Human Services, is directed to encourage civil commitment of individuals with mental illness who pose risks [3] - The order seeks to reverse judicial precedents and terminate consent decrees that impede civil commitment [3] - The order aims to provide assistance to state and local governments for implementing civil commitment and treatment standards [3] Grant Program Prioritization - Grant programs should prioritize states and municipalities that enforce standards for individuals who are a danger to themselves or others due to mental illness or substance use disorder [4] - Enforce prohibitions on open illicit drug use, urban camping, loitering, and squatting [5] - Prioritize states and municipalities that substantially implement and comply with the Sex Offender Registry and Notification Act, particularly for homeless sex offenders [4] Redirecting Federal Resources - The Secretary of Health and Human Services is directed to ensure that discretionary grants fund evidence-based programs and not "harm reduction" efforts [7] - Technical assistance should be provided to assisted outpatient treatment programs [7] - Federal funds for health centers should support comprehensive services for individuals with serious mental illness and substance use disorder [7] Accountability and Safety - The Secretaries of Health and Human Services and Housing and Urban Development are directed to increase accountability in homelessness assistance programs [9] - The order aims to end support for "housing first" policies that deprioritize accountability [9] - Federal housing assistance recipients may be required to mandate substance abuse treatment or mental health services as a condition of participation [10] - The Attorney General should review whether recipients operating drug injection sites are in violation of federal law [11] - The Secretary of Housing and Urban Development should review whether recipients operating drug injection sites are in violation of program terms and freeze their assistance as appropriate [11]
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
Market Trend & Industry Dynamics - SUI's full potential hinges on the presence of robust DEXes [1] - Bluefin is deploying advanced technology on SUI and experiencing substantial trading volumes [1] Company Performance & Product Launch - Bluefin launched Bluefin Pro, powered by SuiNetwork [1] - Bluefin's beta platform on Sui has already processed over $50 billion in trading volume [1] - Bluefin aims for a 10x increase in volume with Bluefin Pro [1]
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
RT Pudgy Penguins (@pudgypenguins)Trump meets with Jerome Powell https://t.co/VuudhXGoRS ...
X @Ivan on Tech ๐Ÿณ๐Ÿ“ˆ๐Ÿ’ฐ
RT toly ๐Ÿ‡บ๐Ÿ‡ธ (@aeyakovenko)Build your business on solana ...