the simple barometer for me about whether it's worth being very active onchain is essentially:
how many new coins are going to 8 fig caps?
and the answer is exponentially more than a month ago, and incomparably more than any period for the past 1.5 years
don't midwit
feels awfully like onchain prebull.
i expected majors needed more momentum to sustain the risk appetite we're seeing.
it's hard to complain about weekly 8 fig runners given how dry things have been for a year+
feeling optimistic about onchain pie continuing to grow