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Mehrshaad🎩

@mehrshaad

737 Following
432 Followers
Mehrshaad🎩 pfp
Mehrshaad🎩
@mehrshaad
Are meme coins really on the rise? • In terms of market cap – absolutely. • In terms of retail sentiment – not so much. Surprisingly, activity in this sector remains low, even as overall mcap continues hitting ATHs. Conclusion: retail investors haven’t woken up yet – nothing to see here ¯\_(ツ)_/¯
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Mehrshaad🎩
@mehrshaad
https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0xCA959df0B5aA4d780C15c290bBc9C033770e1bf0?referrer=0xc995166c8C057c6cB7fc37CD0314597a606d0cbE
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Mehrshaad🎩
@mehrshaad
Activity on Starknet has surged in November: transaction fees increased 10 times compared to the beginning of the month.
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Mehrshaad🎩
@mehrshaad
I just won 71 $DEGEN in Gate of Degen! @degengate
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Mehrshaad🎩
@mehrshaad
Mint Moneycomb Shower
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Mehrshaad🎩
@mehrshaad
Mint Degen Bulla
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Mehrshaad🎩
@mehrshaad
Solana's weekly DEX volumes have surged past the previous record, hitting over $45B in trades. The rise is largely driven by PumpFun tokens, with daily mints nearly 10x higher since September and the graduation rate climbing above 2%.
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Mehrshaad🎩
@mehrshaad
The lending market sector on Base has grown by ~10x since the start of the year, led mainly by Moonwell, AAVE, and Morpho.
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Mehrshaad🎩
@mehrshaad
Mint One Billion Transactions
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Mehrshaad🎩
@mehrshaad
🎩 DEGEN to $1 🎩 via @cashlessman.eth
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Mehrshaad🎩
@mehrshaad
🎩 DEGEN to $1 🎩 via @cashlessman.eth
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Mehrshaad🎩 pfp
Mehrshaad🎩
@mehrshaad
Cardano published its first financial report for the past year. Key takeaways: – In 2023, the Cardano Foundation allocated $19.22M across its three mutually reinforcing focus areas. – The Foundation’s assets amounted to $478.24M, with 82.5% in ADA, 10.1% in BTC, and the rest as USD liquidity.
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Mehrshaad🎩
@mehrshaad
On the retail side, it's not the U.S. driving Bitcoin demand. It's Nigeria.
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Mehrshaad🎩
@mehrshaad
I just won 23 $DEGEN in Gate of Degen! @degengate
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Mehrshaad🎩
@mehrshaad
The total $ETH volume transacted on the mainnet is climbing (https://app.intotheblock.com/coin/ETH/deep-dive?group=network&chart=transactions), with close to $60B settled in the past week – the highest since July.
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Mehrshaad🎩
@mehrshaad
Over the past six months, DeFi ecosystems on the Sui blockchain have grown (https://www.ournetwork.xyz/p/on-288-defi-ecosystems#aptos), attracting significant TVL. Notably, Deepbook on Sui launched its DEEP token, while Aptos TVL reached $911 million ahead of USDT’s release on the network. The increasing TVL highlights the popularity of these blockchains among DeFi protocols and suggests potential investor interest, especially with the anticipated growth in stablecoin usage.
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Mehrshaad🎩
@mehrshaad
Solana network validators earned (https://x.com/SolanaFloor/status/1854513729670635828) $445 million in October, highlighting the significance of the Solana ecosystem and its continued high network usage. This performance could attract attention to Solana, increasing the value and popularity of its native tokens.
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Mehrshaad🎩
@mehrshaad
I just won 109 $DEGEN in Gate of Degen! @degengate
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Mehrshaad🎩
@mehrshaad
The Raydium DEX token, $RAY, continues https://www.blockchaincenter.net/en/crypto-exchange/?crypto=RAY its rapid growth, with a 117.3% price increase over the past month, now approaching $4. This surge is fueled not only by positive market sentiment but also by Raydium's popularity for meme coin trading. However, traders should stay cautious and always DYOR.
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Mehrshaad🎩
@mehrshaad
In 2024, Ethereum generated $2.06 billion in revenue but paid out $2.65 billion in new ETH to stakers, averaging $1.28 spent per $1 earned. Solana's expense per dollar of revenue was even higher, at $7.62, with the majority of fees generated this year.
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