Paul Kid
@paulkid
509 Following
339 Followers
0 reply
0 recast
2 reactions
0 reply
0 recast
1 reaction
0 reply
0 recast
3 reactions
1 reply
0 recast
2 reactions
1 reply
0 recast
3 reactions
1 reply
0 recast
3 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
0 reply
0 recast
2 reactions
1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
Market overview on November 14
📌 24h price movements:
- After a day of adjustment, BTC continued to create a new ATH at $93k2
- Some altcoins increased following the BTC wave, the strongest was still memecoin with $PNUT and $PEPE being the focus last night
- Memecoin season is appearing before Altcoin season
- More than 350 million USD stablecoin netflow was deposited into exchanges in the past 24h
📌 Biggest increase/decrease:
- $PNUT (+373.3%)
- $PEPE (+77.9%)
- $MOG (+47.8%)
📌 Notable cash flow on Binance:
- Memecoin: $PNUT, $PEPE, $WIF, $PEOPLE, $ACT,…
- Solana ecosystem: $BOME, $TNSR, $RAY, $BONK
📌 24h News:
- $PEPE list of 3 exchanges big, price skyrockets x2
- Trump appoints Elon Musk and Vivek Ramaswamy to head DOGE Department of Government Efficiency
- AltLayer launches platform to create automated AI agents 0 reply
0 recast
0 reaction
The Foundation Still Spends Hundreds of Millions of Dollars on Techcoin Tokens.
This 0G labs has just raised another $40M and received $250M worth of token purchase commitments from Investors, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, and co-founder Yat Siu, Polygon and co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures and many others.
Regarding the $250M token purchase commitment, or “liquidity cap,” Heinrich said this would allow the 0G Foundation to access funds from the balance sheet of a long-term, buy-only investor who only holds liquid 0G tokens (i.e. tokens available on exchanges) at a predetermined discount to the token’s market price. “So this is very similar to an over-the-counter transaction, but different from a standard venture capital investment, where you get the entire amount upfront from an investor in an illiquid (not traded on the market) token,” said Heinrich. 0 reply
0 recast
0 reaction
1 reply
0 recast
0 reaction
1 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction