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May 5, 2023 β€’ 10 tweets β€’ 6 min read β€’ Read on X
πŸš€πŸΈ $PEPE's jaw-dropping rise to a $1B market cap in under a week! 🀯

This #MetricsMindsWeekly dives into the phenomenon with insights from @adriaparcerisas, @amir007_eth, & @Mr_Nobody73.

Discover how #memetokens impact the #crypto world. 🧡
1/ Meme tokens like $PEPE and $DOGE charm retail investors with humor and parody.

With 200+ meme coins, value hinges on hype and liquidity, not fundamentals. πŸ“ˆ Image
2/ At $PEPE's peak, traders paid 6x the average gas fees on Ethereum.

But high fees didn't deter traders, eager to transact before potential collapses. 🌬️ Image
3/ Meme tokens excel at attracting new users short-term. In mid-April, 20,000 new users joined Ethereum! 🌍 Image
4/ Most $PEPE holders are whales, dominating the meme token scene. 🐳 Image
5/ Harsh reality: nearly 78% of users lose in meme trades, while few make massive profits. A trader even sold $2M worth of $PEPE! πŸ’° Image
6/ Interestingly, $PEPE and $BTC price changes aligned for 100+ hours. πŸ€” Image
7/ Even established cryptos like $BTC are influenced by rumors. A false tweet caused a 7% drop. πŸ“‰ Image
8/ Main takeaway: Hype, rumors, and whales impact meme tokens and established cryptos. DYOR, verify news, and stay updated. πŸ§ πŸ’‘

πŸ“š Don't miss this post on $PEPE, $MUMU, and $BTC: blog.metricsdao.xyz/weekly-degen-m…

Stay tuned next week for more #MetricsMindsWeekly insights! 🌟

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More from @MetricsDAO

May 4, 2023
Get ready to soar! We're teaming up with the incredible @GeniiData πŸŽ‰πŸš€
Their on-chain analytics tool delivers market data that even top traders struggle to keep up with.

Here's what's in store – let's dive in! 🧡 Image
@GeniiData Stay ahead of the constantly shifting trading tide with GeniiData’s comprehensive market data tool─perfect for seasoned traders and beginners alike. 🌊

Make informed decisions with ease!
@GeniiData And that's just the beginning! GeniiData's Insight tool offers numerous benefits to analysts, including:
Read 9 tweets
Nov 29, 2022
Dark times ahead πŸŒ‘

How will the FTX Contagion impact the industry? Who's affected? What might we expect going forward?

This star studded panel of analysts will shed their light during our Twitter Space tomorrow 🌞
@tomwanhh is a research analyst at @21Shares with a focus on on-chain analytics.

As a data analytics graduate he started his career at Standard Chartered but left tradfi to pursue his passion in crypto πŸ”₯
On this panel, you can expect @tomwanhh to cover:

- NFT Holdings by Alameda (potential liquidation)
- Crypto entities that have funds stuck on FTX
- Solana ecosystem
- Proof of Reserves
dune.com/21shares_resea…
Read 9 tweets
Nov 28, 2022
What's next in the FTX saga?

The implosion of FTX - valued $32B - is leaving behind a contagion of unknown proportions.

How far has it spread? Who's affected? What will happen?

Come find out on our upcoming Twitter SpaceπŸ‘‡πŸ‘‡
At its peak, FTX handled over $400 billion in monthly trading volume (about $14B per day).

Now, it's all worth about $1.🀯

It started with Coindesk's article on Alameda's balance sheet, which led to Binance liquidating its $FTT holdings.

Everything quickly unraveled afterward.
Our panelists will cover the following:

The contagion: Who and how?

1. Lenders/MM's: DCG, Genesis Gemini, Wintermute
2. Crypto: Solana & Serum
3. TradFi
Read 6 tweets

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