Duo Nine ⚡ YCC Profile picture
Jan 23, 2022 7 tweets 8 min read Read on X
1/ You keep hearing about these "#Ethereum killers".

But instead, most competitors show systemic failures, whereas #ETH has scaled to hundreds of billion on its chain (with only one downside, high fees).

Lets dive deeper. A thread...👇 Image
2/ I present you #Solana or #SOL (pictured).

The network FAILED during this crash. Stuck transactions... People could NOT move coins on #SOL network and some got liquidated because... they could not move their funds to cover for their loan in time... Not the user fault. 👇 Image
3/ Next #Cardano or #ADA (pictured)

It managed to implement the first AMM this year and barely has ANY DEFI ecosystem... Transactions stuck, coins vanishing... #SundaeSwap was a fiasco. This will kill #ETH? LOL... or waiting 6h for a swap... 👇 Image
4/ According to CMC, #ADA (ranked 6th) and #SOL (7th) are the top competitors to #ETH, yet they appear most fragile and unable to scale properly.

Competition is good, but #ETH is so far ahead, it's barely a fair fight. However, there are some good chain out there... 👇 Image
5/ #Terra (#LUNA / #UST) and #Fantom (#FTM) seem to be doing well & growing without the pains of #ADA or #SOL. But...

Terra's ecosystem has 87% of TVL into 3 protocols = highly centralized (pictured).

#BSC or Binance chain, while working well its also highly centralized. 👇 Image
6/ As we can see, calling any of these chains #ETH killers sound more like a marketing gimmick.

Don't fall for an inferior product! If #ETH 2.0 can scale this year and reduce fees, all these "ETH killers" will become history.

The most robust #DEFI is on #ETH for a reason.👇 Image
7/ If you liked this thread, hit a like, follow, retweet! 😊

You can also find me at:

Discord: bit.ly/3n2gng0
TradingView: bit.ly/3FUjwHj
YouTube: bit.ly/3p8vPdf

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More from @DU09BTC

Dec 20, 2024
My top 10 lessons after creating the $RAT meme token that went from $50 to $15 million mcap in 21 days.

Big announcement at the end. A thread 1/16 🧵 Image
2/ $RAT started as an accident. It was not planned.

I created the token on @pumpdotfun, and it exploded in 24h.

This told me I had something good on my hands. So I doubled down (#1 lesson).

Then my YCC community doubled down. The result? Image
3/ @RATescapeplan graduated to Raydium trading in 24h. That required a mcap of at least 100k.

Only 1% of all tokens on @pumpdotfun graduate.

We were in a very exclusive minority. Then this happened. Image
Read 16 tweets
Dec 5, 2024
How I created a Solana meme coin, got it to 500x, then it crashed 98%, creator wallet got drained by hackers, and my own team betrayed me.

All this in two weeks. A thread 1/12 🧵 Image
It’s called $RAT or @RATescapeplan

1 bil tokens max supply, all circulating. Almost 1k holders and its last bull market lasted a week and reached $6M market cap.

It’s listed on @coingecko too. Let’s start. Image
I created the token using a Phantom hot wallet on @pumpdotfun with $50.

This is important later when that wallet is drained by hackers.

Within 24h the token graduated to @RaydiumProtocol! Nice eh? Image
Read 13 tweets
Nov 16, 2024
How to find the top in this cycle. A thread.

When you see these 10 signals flashing, it's time to bail. Signal 9 will tell you when to sell altcoins.

Bookmark this thread! Let's go. 1/12 🧵 Image
2/ Signal 1: Terminal Price

Bitcoin price hits the red line? Sell hard.

Current terminal price is 170k.

This accounts for the movement of Bitcoin on-chain. @_Checkmatey_ invented this indicator. Image
3/ Signal 2: Stock-to-Flow Model

Start selling whenever the price moves above the stock/flow line.

That's above 150k today. Will be 200k later.

Either way, early 2025 looks like a prime period to sell. Image
Read 12 tweets
Oct 27, 2024
Bitcoin is in trouble.

If nothing changes soon, things won’t be pretty.

I’m not talking about the halving schedule or block rewards, it’s much more serious than that.

A thread 1/17 🧵 Image
2/ As Bitcoin goes mainstream, fees to transact on its network will replace block rewards.

This will be gradual and take place over decades. However, a new problem is starting to emerge.

It was harder to predict this, but now it’s here. Image
3/ The first incentive is to buy and hold Bitcoin. Nothing new so far.

However, we now have a bigger incentive. It has to do with you NOT using the real Bitcoin.

Intrigued?

Let’s look at the facts next and follow @DU09BTC before we continue.
Read 17 tweets
Oct 11, 2024
If you hold Ethereum, you are in trouble.

Uniswap, an ETH dApp generating $500 mil / year in fees, just created its own L2. Now, those fees are reduced by 100x and go into Uniswap pocket.

Multiply this by 100x with other dApps and ETH's price will go to zero. A thread 1/12 🧵
2/ The reason Ethereum has value is because of its fees that generate demand for its native token.

At the time of this post, it costs over $10 for a simple token swap.

ETH is on borrowed time as users are rightfully ditching this expensive chain. Who's to blame? Image
3/ Vitalik and his team.

They decided to scale Ethereum via L2s, but in the process they are losing their users. A bit ironic considering L2s were meant to fix ETH's scaling problem.

As L2s proliferate and users move out, Ethereum faces an even bigger problem. Image
Read 12 tweets
Oct 5, 2024
It took me 10 years in crypto to learn this - PART 3!

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 3. A thread. (1/11) 🧵 Image
2/ Since I started in 2014, I made many mistakes, but nothing compares to this one.

Buying altcoins.

But what did I know back then? Nothing. If you're new to crypto, learn from this thread.

What's my lost profit over the years thanks to alts?
3/ Over $1 million had I put that money in BTC and held. There is a reason I say this.

Altcoins are a losers game over time.

Bitcoin is a winners game over time.

Which game do you want to play? My next point will help sway you in the right direction.
Read 11 tweets

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