Mayur Pujara

@mayurpujara

437 Following

64 Followers

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I just created Imaginations using @titles. Mint:

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I asked a magic 8-ball, and it said: GM confirmed. 🎱☀️ Certified fresh by 🔵 @basefrens 🔵 Accept no substitutes.

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Ask coinbase ventures to invest in crypto apps

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I just minted my Faces of Farcaster collectible. A custom, onchain art collection exclusively for Farcasters by @harmonybot and @sayangel

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@bracky I want in on the Madness! 🏀

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Check your followers stats. Frame v2 by @compez.eth From Effort to Achievement – $GENY Helps You Share Your Path! 🌟

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One thing is clear that fees rule the valuations game in the long run(except Bitcoin as it is like the pet rock Gold) Ethereum had much higher valuation compared to other alt1’s due to generation of high fees. Scaling Ethereum has reduced its fees as demand has not increased as much as scaling has been done via multiple L2’s and DA layers. Solana rose to higher valuation due to memecoin bubble and the major activity of it being on Solana, now when memecoin activity has decreased the price of $SOL also decreased. Next parabolic run will with the new hot use-case like ICO’s, Defi & NFTs.

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I'm a Speculator-Pragmatist (4.5, 3.0) on the Onchain Alignment Chart! Check out your position:

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For now it looks like market is rejecting 93k levels and want to go lower. 93k was crucial support earlier which has become a string resistance now. All bets are off until US crypto summit. What can happen in crypto summit? Allocation of crypto strategic reserves is on cards. Incentives to build in crypto? Tax benefits for crypto holders? Other two can be a positive surprise which can push the price above the crucial 93k levels. Trump has brought a-lot of volatility in the market. Tomorrow should be an eventful day.

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Crypto strategic reserve was announced yesterday & the crypto market is in red today. This is a reminder that crypto market is a small subset of the global economy. The macro factors of the global economy out-weight the biggest catalyst on the crypto market. US govt. has announced that there will be investment announcement soon where people will probably know individual allocation of the crypto strategic reserve. US govt has also kept the first crypto summit and speculation is that there will be an announce of tax breaks on crypto investments. Let’s see how market reacts to upcoming news.

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My Top 9 on @rodeodotclub featuring @toro-ceo, @shelleyshiller, @ogbon, @mayurpujara, @xkiss, and others

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Joining the waitlist for @faragent 👀

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My Top 9 on @rodeodotclub featuring @hypepulsenft, @designcollector, @mayurpujara, @peekcell, @mindtrip, and others

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If there is a central depositary who holds assets instead of exchange & assets are only released when trader sells or withdraw, it will be better. Sell trade & withdrawal can also be done once trader confirms it by providing OTP received on phone number. This saves stress of an exchange getting hacked, exchange using funds for trading or their own business. Central depositary has only one job to custody the funds. Depository can charge a fee which will be minimal as number of users are in millions. All ETF’s and Ethena follow this model and keep assets in custodian with tri-party agreement.

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100 billion is supply for Pi netowrk. The FDV is at 82 billion at the current market price. Reason? It is an L1. Most of the tokens are locked. Liquidation is only allowed via few selected exchanges. It is another high fdv low float launch. This one is quiet successful in terms of launch I would say but the way pi networks has delivered until now this is going to be one of the big disappointments in the coming months it seems. People buying this coin tells you how many people with throw away money are in our industry. If we do not value good products builders won’t value us in the future.

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I am pausing my activity on Warpcast for the foreseeable future due to the current issue with large number of bots. Recent posts over the past few months have received hundreds of likes and recasts coming mostly from bots.

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My Top 9 on @rodeodotclub featuring @shelleyshiller, @toro-ceo, @mayurpujara, and others

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For memecoins, users with significant holdings could earn a whale Base Name. For instance, if I own 1% of $TYBG, I receive 🐋.1.$TYBG.base.eth. If my holdings drop below 1%, the name could revert to a general Base Name and become available for another eligible user. I believe this innovation could elevate Base NFTs and memecoins to a new level, enhancing their appeal and utility. Additionally, it has the potential to be a sustainable revenue source. The reason to incquire before building the product is there was another base name service project onchain but Base displaced it with their own ens product. Looking forward to your thoughts. I am unable to DM you here and on X 2/2

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