DREAD BONGO Profile picture
Oct 30, 2021 10 tweets 5 min read Read on X
🧵

For anyone who is disappointed on recent price action..

I implore you to zoom out

Yes every meme coin under the sun is pumping.. but these fundamentally strong projects are forming beautiful charts on longer timeframes..

For example..

1/
$ZCX

"OMG it dumped from $7 to $4.50!"

No, it corrected after a monster move from under $1 to nearly $8 🔥

Nothing goes "Up-only" unless its got a dog in its logo 🐶

Structurally, $ZCX is holding its move & supporting well at these levels

Remember.. Supply shock ⚡️

2/
$QNT

On shorter timeframes, you would think $QNT was either performing poorly or a fresh, new stablecoin..

When, in fact.. Its actually carving a textbook Bull Flag on the weekly 🔥

The probability of $QNT breaking up is high and true support at these levels points to that

3/
$ALBT

Another chart that shows a nasty decline on lower timeframes..

Yet, $ALBT moved 440% in just 6 weeks

Price has returned perfectly to the support block to its left 👍

To initiate the next pump, I suggest @AjajaRachid change their name to AllianceKitties or some shit

4/
$UOS

After hitting $1, it can be underwhelming to revisit these levels..

But zoom out and look at this fucking $UOS chart! 😍🔥

Every retrace was bought up & with the current #crypto gaming environment, it's only a matter of time this chart continues up..

5/
$LUNA

On every timeframe, $LUNA looks amazing tbh 🔥

Break out here is just begging to test the $100+ levels and with the ecosystem that's forming, regardless of SEC stuff..

It's looking likely $LUNA's push into top 10 will print an even more beautiful chart

6/
$HTR

To be honest, $HTR is one project that's been disappointing in its performance..

Lower highs on higher timeframes and tightening into a rather large wedge..

I expect big things from $HTR.. but I think the team need to up their game to match the projects potential

7/
$DMTR

Is one project I've been very disappointed in price-wise tbh..

Retracements at launch are common though.. and with the strong fundamentals, plus real adoption happening with $DMTR

I expect this to be nothing but a small blip in the future 🔥

8/
$MNW

Another case of "Ahhh, It retraced 25%!"

Well, that was after a near 1,000% move since July 🔥

Finding support around this $3 level is perfect to form a base for the next leg up on $MNW

Another beautiful chart on higher timeframes 🔥

9/
You getting it yet?

Focusing on shorter timeframes is a sure fire way of getting shaken out & missing the larger, more powerful moves

Operating on higher timeframes allows you to see the whole picture, rather than a snippet

Remember, "Patience is a weapon"

#Bongomentals

10/

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More from @DreadBong0

Dec 17, 2024
🧵 I wanted to compile a megathread of my $RBNT posts over the past year into one place

My aim has been to educate others on the true scale of @RedbellyNetwork and how they will have a significant impact on both #RWA and #crypto

So, here you go.. hope you enjoy 🍻

👇Image
I mentioned back in March 2024 that I had invested in $RBNT via an early round

Many years ago, $QNT CEO Gilbert Verdian spoke about a project from Australia developing some pretty incredible technology and praised it highly..

That project was @RedbellyNetwork 🔥

Since that moment.. I always said to myself I would look to invest in $RBNT, if given the chance

I spent years seeking out this opportunity and was finally able to make it happen by participating in an early investment round

⚫️ "Red Belly is building a Layer 1 EVM compatible chain for Real World Assets"

⚫️ "The World's Only Public Purpose-Built Real-World Asset Tokenisation Platform"

x.com/DreadBong0/sta…
A little bit of history about how #Redbelly came to be..

🔴 Was first developed in 2015 in collaboration with The University of Sydney to discover vulnerabilities in $ETH

Its here they designed their Democratic Byzantine Fault Tolerant consensus that solves those #Ethereum vulnerabilities

🔴 Backed by @CSIRO, Australia's national science agency who are known for groundbreaking innovations like Wi-Fi

#CSIRO's digital innovation arm Data61 partnered with the University of Sydney to create the #Redbelly blockchain

Together they played a critical role in creating the worlds first Formal Verification BFT protocol

Their aim was to create a blockchain that could meet the uncompromising demands of institutions and Governments

With the ability to handle 20,000 tps and ensure formal verification.. #Redbelly created a protocol that is extremely fast, reliable and secure

🔴 @RedbellyNetwork was granted $1.3m in research funds by the Australian Research Council

The Australian Government also included $RBNT in their blockchain roadmap

The blockchain was used in various pilots ranging from areas around RBMS with financial institutions to national CBDC experiments

Since then the project has secured over 25 partnerships with government bodies, enterprises and academic institutions

🔴 That all leads us to today..

Where the #Redbelly protocol is live on mainnet and the $RBNT is set to go live in the next few days

This isn't some small, rinky dink team spinning up experiments in a basement..

This is a groundbreaking blockchain developed and backed by innovative world class research and institutional grade credibility

x.com/DreadBong0/sta…Image
Read 34 tweets
Jun 4, 2023
$TAO Thread Part 3

Another thread to help newcomers understand the project

Here is everything that's been happening over the past few months to help give a full picture

If these are useful, then let me know 👍
Here is a link to $TAO Thread Part 1..

And here is a link to $TAO Thread Part 2..



Give them a read to get fully up to date 👍
Read 68 tweets
Mar 21, 2023
How to Stake $TAO ✅

Tutorial 👉

A quick video showing you how to delegate your $TAO on the Bittensor Network & begin staking

This has been a question I've received A LOT.. so here you go 👍 Image
Step 1:

— Go to polkadot.js.org/apps/?rpc=wss:…

$TAO
Step 2:

— for "using the selected account", select your source wallet

— for "submit the following extrinsic"

—— select "subtensorModule" in the left column

—— select "addStake(hotkey, amountStaked)" in the right column

$TAO
Read 8 tweets
Feb 9, 2023
🧵 $TAO Thread Part 2

Another thread of my thoughts over the past month for newcomers delving into $TAO & wanting to learn more

@bittensor_ is a complex project to understand on the surface..

Hopefully these threads help break them down so they are easier to understand 👍
I made a first part to this thread that I encourage you to check out

It will give you a greater insight into $TAO and what they are striving to build

$TAO Thread Part 1 👉
Bittensor in a nutshell ✅



In 4 minutes, you should understand the scope and vision of $TAO
Read 32 tweets
Feb 6, 2023
🧵

I first shared publicly..

$AZERO at 10c.. it went to $3.10
$QNT at $1.. it went to $420
$ZCX at 3c.. it went to $7.30
$UOS at 5c.. it went to $2.60
$ALBT at 6c.. it went to $1.33
$TAO under $10.. its at $70

I try to share this stuff as early as possible..

1/
It doesn't always work out & some projects don't fulfill their potential

Also.. bear markets happen

Def got some projects dead wrong & been burnt a few times

Being early is a risky game within itself.. you're largely taking a punt on an idea

But thats the name of the game

2/
Some projects it doesn't matter how early you are.. if they fail, they fail

That's why a form of profit taking is always best practice.. for protection against these risk

It's not good being early.. watching it hit highs.. then witnessing it crash

Whilst taking no action

3/
Read 20 tweets
Jan 2, 2023
🧵 $TAO Thread

Hopefully it gives newcomers to the project an idea of what @bittensor_ is and what they are trying to achieve

I will continue to add to it as time passes.. Its a re-hash of my thoughts over the past 6 months

$TAO = The creation of the Neural Internet 🌐
Imagine Machine Learning problems were not solved by huge centralised supercomputers owned by a few mega-corporations..

Instead.. Leveraging every available computer around the world in a truly decentralised manner to train ML/AI models & allow them to connect & interact

$TAO
#Bitcoin is rewarded via every block.. But there's a lot of wasted energy through those who offer compute power & fail

$TAO takes those extra compute resources & uses it to develop/train Machine Learning & AI models via the Bittensor network

Meaning very little energy is wasted
Read 23 tweets

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