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merp
@0xMerp
mediocre photographer
1.3K Following    46.9K Followers
the current billionaires couldnt stand to see a white boy with a little motion and a connected asian girlfriend ascend the ranks so quickly so they decided to send him back to earth before continuing with the program as usual
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crypto power user barbell is basically a bunch of indians with $5 in their wallets, some asian dudes in singapore and hong kong with $500m each, and a bunch of americans in the middle
so cool how easy it is to track data now
with $CBRS listing in less than 12 hours, its currently trading at a 57% premium to the $185 open price on @tradexyz funding has mostly normalized open interest is at $19,139,131 @ $56.4b FDV at offering it ranks as the largest IPO since 2022, and the 10th most expensive IPO of all time $CBRS at $185 trades at 1/95 the full valuation of NVDA, 1/17 of both MU and SKHX, but trades at over a 4x price to sales multiple of $NVDA, more than 7x compared to $MU, and 17x compared to $SKHX below is some relevant data as well as a list of some previous IPO's, their first day MCAP, and their first day performance tomorrow should be a window of how far we are into the bubble, or the AI supercycle whichever way you want to describe it
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The perpification of everything is just slowly becoming so obvious